Finding Your Path: Defining the Side Hustle with Ikigai
Struggling to figure out what your side hustle should actually be? You're not alone. Sometimes the hardest part isn't finding the time or motivation—it's identifying the right business opportunity that fits your unique situation. Today, I'm giving you a proven framework to discover your ideal side hustle using the Japanese concept of Ikigai. This four-circle Venn diagram helps you find where what you love, what you're good at, what the world needs, and what people will pay for all intersect. I'll walk you through each circle, share real examples from my own journey, and help you decide whether a service-based or product-based business is the right starting point. By the end, you'll have a clear path to identifying what you're going to build.
Highlights:
• Why imperfect action beats perfect planning every time—and how to course-correct if you've already started
• The power of blocking time on your calendar (not just "finding" time) to protect your hustle hours from Netflix and doom scrolling
• Why gig economy jobs like Uber and DoorDash aren't building real assets—and what you should focus on instead
• The Ikigai framework: Four circles that reveal your ideal side hustle (love, skills, market needs, and monetization)
• A real example from my own journey: How I turned my love of music and technical mind into a recording business
• Service vs. product businesses: The benefits and drawbacks of each, plus which one gets you paid faster
• How to identify if you should start with services (quick money, higher margins) or products (scalable, but longer runway)
Chapters:
[0:00] Reset and Refocus
[2:18] Schedule Your Hustle Time
[3:36] Avoid the Second Job Trap
[5:50] Ikigai Framework Overview
[6:47] Circle One: What You Love
[8:42] Circle Two: What You're Good At
[10:18] Circles Three and Four: Market and Money
[12:21] Find the Overlap: Story Example
[17:16] Service vs Product Businesses
[23:38] Weekly Action Plan and Wrap Up
Resources Mentioned
• Time Study Spreadsheet (Google Sheet): https://docs.google.com/spreadsheets/d/18NEeqC7ktsuqRxG2rI4aOifsrbYp_ZoSHBD8tcIpNMs/
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For more information about The Side-Hustle Dad, visit our website at https://thesidehustle.dad
Remember, build the business, but be the dad!
This show is part of the ICT Podcast Network, for more information, visit ictpod.net.