484: Turning a Service Business into a Passive Income Stream - Part 3

<p>Today’s guest, Matt Bochnak of <a href= "https://howtomotorcyclerepair.com/" target="_blank" rel= "noopener">HowToMotorcycleRepair.com</a>, is one of my favorite examples of how you can dedicate part of your week to generating time-leveraged income.</p> <p>This is Matt’s third time on The Side Hustle Show, and every time we speak he’s made huge leaps forward with his business.</p> <p>Matt <a href= "https://www.sidehustlenation.com/service-business-to-passive-income/" target="_blank" rel="noopener">first appeared on the show back in 2016</a> when he was making around $1,000 a month recording himself performing motorcycle repairs in his garage and selling digital products.</p> <p>When Matt <a href= "https://www.sidehustlenation.com/service-business-to-passive-income-2/" target="_blank" rel="noopener">appeared on the show for a second time in 2019</a> he was making $4,000-5,000 a month from a combination of digital product sales, YouTube ad income, affiliate commissions, Patreon, and sponsored content.</p> <p>As you’ll discover in this episode, Matt is now making almost $20,000 a month in revenue. He’s completely shut down the service side of his business, expanded into physical products, and more.</p> <p>Tune in to The Side Hustle Show interview to hear:</p> <ul> <li>how Matt’s business has changed since we last spoke in 2019</li> <li>where the idea for a physical product came from and how he validated it</li> <li>the various revenue streams ringing the cash register for Matt right now</li> </ul> <p><a href= "https://www.sidehustlenation.com/service-business-to-passive-income-3/"> Full show notes</a></p>