This 40-year-old makes $160,000/month in passive income—his No. 1 tip for building a 6-figure side hustle

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Graham Cochrane went from living on food stamps to earning in $1.9 million a year in passive income. The 40-year-old dad shares his No. 1 tip for building a successful side hustle or full-time business.

— which generate $160,000 a month in passive income. I only work about five hours a week.

Hungry audiences have a problem that needs solving, and that problem is serious enough that they are willing to pay for a solution. Another way to think about this is how you'd quickly brand your offer on social media. Your Instagram bio, for example, gives you only 150 characters to make people care.

 

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