0:09

Welcome back to the overshare with

0:11

me Jim Rackinson. This is our

0:14

safe space coming together over sharing

0:16

parts of our life and this

0:18

week I'm guessing it may be

0:20

another one of those episodes where

0:22

not unlike our better body confidence

0:24

Epp we're all leaving hugely influenced

0:26

and motivated to make changes up

0:28

until a few years ago we've

0:30

not really heard of the expression

0:32

side hustle but now it seems to

0:34

be everywhere doesn't it? It's not

0:37

just on Dragon's Den. We hear

0:39

people bravely taking the plunge and

0:41

going out on their own turning

0:43

a hobby into a pay packet

0:45

quite often. So we ask for

0:47

side hustles for this episode. We

0:50

wanted to share how you turned

0:52

your idea into an income. And

0:54

for this episode, once again we're

0:56

joined by multi-awardering financial expert Claire

0:58

Barrett. Welcome back. You must hear

1:00

from side hustles all the time,

1:03

hustles who have made it. Yes, I

1:05

mean... It used to be called starting a

1:07

business. When we came up with this phrase,

1:09

the side hustle. And I think it's fantastic

1:12

and I think the pandemic really taught us

1:14

that having different income streams, so you might

1:16

have a job, but then you've got something

1:18

on the side, maybe it's dog walking

1:20

or filling in surveys, lots of people

1:23

do that. Of course, the most popular

1:25

one, selling our secondhand stuff online. All

1:27

kinds of different things to bear in

1:29

mind. Sometimes the hustle can turn into a

1:31

bit of a bit of a hassle. I have to

1:34

say. Like that, yeah. Is it worth

1:36

it? What are you getting out of

1:38

it? Sometimes it's not about money. It's

1:40

about experience. It's about changing your career

1:42

direction, maybe trying out something to see

1:44

if you like it before taking the

1:46

plunge and either making it into your

1:49

main hustle, or thinking, well, that

1:51

was fun, but actually having it as

1:53

a hobby and something that I do for

1:55

fun and enjoyment rather than trying to make

1:57

money. Did I make a little bit now?

2:00

let's get to the bottom of all these

2:02

stories let's meet these brave souls who are

2:04

doing what perhaps we'd all love to be

2:06

doing if we were brave enough here are

2:08

our side hustles on overshare and then one

2:10

day I gave myself a shake and I thought

2:13

you know what you're interested in this

2:15

like what's the worst that can happen

2:17

I vividly remember my dad saying to me

2:19

you need to get a job I just

2:21

remember feeling so passionate about it and I

2:23

don't feel like I've worked for 11 years

2:25

because I just love it You've got thrice

2:28

hossles. A thrice hossles? A thrice? We'll

2:30

never heard anyone say that before. Copyrighted

2:32

immediately. One day I was going

2:34

on TikTok and I saw this girl

2:37

pop up who was talking about

2:39

how much money she was earning on

2:41

a platform called Only Fans. You

2:43

know what? Screw it. I'm going to

2:45

do it. So I started an

2:47

account and the first month I made

2:50

about $9,000 US dollars to now earning

2:52

over $200,000 a month. So

3:02

in setting up this episode we

3:04

had lots of stories from people

3:06

with incredible side hustles, but they

3:08

weren't many quite as brave as

3:10

our next oversharer who left a

3:13

massive job in the emergency services

3:15

and it was a massive risk.

3:17

It was only a few weeks ago,

3:19

hire Caitlin, first of all, what were

3:22

you thinking? Honestly, I can't believe this

3:24

is my life, first of all. Four

3:26

or five weeks ago I was still

3:28

in emergency services and today I am

3:31

sitting in Spain running my business online

3:33

from the sunshine because I said yes

3:35

to my side hustle. Brilliant and

3:38

your side hustle was a

3:40

travel agency working alongside the

3:42

emergency services full-time. So I'm like

3:44

seeing you were exhausted you need a holiday

3:47

by the sounds of it yourself. I basically

3:49

came across it online and I heard this

3:51

girl saying you know you can make money

3:53

from book and travel and you can do

3:55

that from like the comfort of your own

3:57

home you can do it from your phone.

4:00

and being skeptical I was like nah it

4:02

must be a scam like there's no

4:04

way that sounds too good to be

4:06

true but it caught my attention and

4:08

I was like I love my holidays

4:10

who doesn't love the holidays like I'm

4:12

quite good at planning holidays so I

4:14

watched it and watched it and watched

4:16

it for months and then one day

4:18

I gave myself a shake and I

4:20

thought you know what you're interested in

4:22

this like what's the worst that can

4:24

happen so I gave it a go

4:26

as what happened and then yeah basically

4:28

I became an independent travel agent so

4:30

I book holidays for it just started

4:32

off from myself and then booked for

4:34

like my mom my brother and my

4:36

friends and then I really seen the

4:38

potential to turn it into a business

4:40

I don't think I actually realized when

4:42

I signed up what I was signing

4:44

up for I was just like yeah

4:46

I would give that a go and

4:49

some extra pennies and then basically from

4:51

there got permission from my employer, set

4:53

up a social media and started advertising

4:55

online and just learning as I go.

4:57

And then yeah, from there it's just

4:59

kind of spiraled a year and a

5:01

half of working at alongside my job.

5:03

Very stressful, very tired, very busy amount

5:05

and one thing's going on. But here

5:08

we are, and I've managed to get

5:10

in a position where I'm doing it

5:12

feel tight, which is simply exciting. What

5:14

I like about Caitlin is that she

5:16

juggled the two for us of... efficient

5:18

amount of time before taking the plunge

5:20

full-time is what what advice would you

5:22

give to anyone thinking of doing the

5:25

same is it to make sure you

5:27

have security in the job that's been

5:29

paying you all these years before jumping

5:31

ship the three words that Caitlin said

5:33

that were the most important permission from

5:35

employer right now a lot of employers

5:37

even if you work part-time doesn't necessarily

5:39

have to be full-time we'll have restrictions

5:41

in your contract of employment about what

5:44

you can and cannot do. And it

5:46

might be you can't do any form

5:48

of freelance work without the approval of

5:50

your line manager. It might be that

5:52

there's a formal way to ask for

5:54

permission in your organisation. It might be

5:56

that you can do something. but not

5:58

others. Say if you worked for a

6:01

travel agency and you said can I

6:03

have a side hustle being a personal

6:05

travel agent they might say well no

6:07

that's a conflict of interest because people

6:09

could be coming through the main doors

6:11

dealing with you as a customer and

6:13

then you could take them off as

6:15

a customer for your business. I mean

6:17

these are some of the some of

6:20

the scenarios that could potentially entail so

6:22

permission from employer looking at your contract

6:24

of employment because ultimately if they find

6:26

out about your side hustle and you

6:28

haven't been honest about it or you

6:30

haven't followed the rules then you could

6:32

put your main hustle in peril you

6:34

know they can say right grace misconduct

6:37

or disciplinary proceedings and things could come

6:39

to an end but also the fact

6:41

that you did this alongside your job

6:43

that's great because you can work out

6:45

actually is it a hassle or a

6:47

hustle can I actually make any money

6:49

out of this because Travel, holidays, obviously

6:51

people really value their two weeks in

6:53

the sun. They want it to be

6:56

well organised, they want to make the

6:58

most of it, but we also want

7:00

to get the cheapest deal. May I

7:02

ask Caitlin if I may be so

7:04

bold? In terms of the money that

7:06

you are able to make, how does

7:08

it compare to your previous career? That

7:10

is obviously number one that was on

7:13

my head. I was like, I earn

7:15

over a 50,000 pound a year and

7:17

a stable job where... I've got paid

7:19

sick leave, a pension. I think people

7:21

are still looking at me going, what

7:23

is she doing? But I think that's

7:25

the thing. It's been sensible about it.

7:27

Like for me, I thought, right, I

7:29

know I have to have X amount

7:32

of money saved up because, you know,

7:34

if something happens, you know, COVID could

7:36

happen again and no one's going holiday,

7:38

I need to know that I've got

7:40

enough money. sitting in the bank to

7:42

support me. Could you go back to

7:44

your other job if you wanted? Is

7:46

it a case of you said to

7:49

your employee this is happening and they

7:51

left the door open for you or

7:53

is it a case of that's it

7:55

now? Yeah so I had personally me

7:57

I chose to take a earbreak which

7:59

means that I can go back so

8:01

I it was like sensible head on

8:03

cute and like it's nice to have

8:05

that comfort blanket which I appreciate not

8:08

everyone can have. I mean I'm kind

8:10

of when I do like risk assessments

8:12

with why accountant he says I'm very

8:14

very low-risk I'm very like kind of

8:16

oh no but I also have on

8:18

one shoulder it's better to say oh

8:20

well than what if and especially when

8:22

it comes to a passion of like

8:25

you just you clearly love book in

8:27

holidays you clearly help it helping people

8:29

go on holiday. And it's kind of

8:31

the fact that you've got that security

8:33

behind you, you can go back if

8:35

you want, for me, as a no-brainer

8:37

what you've done. If you didn't have

8:39

those security blankets, I would then be

8:41

thinking, oh no. But the fact that

8:44

it's there, should you want to or

8:46

need to, I think you'd be silly

8:48

not to try doing what you love.

8:50

And it's great that you do have

8:52

that security blanket, but also anyone who's

8:54

listening or watching or watching and thinking

8:56

will actually... I've got this side hustle

8:58

and it's inspired me to go and

9:01

work in a completely different industry. You

9:03

don't have to set up on your

9:05

own and do your own business. You

9:07

could maybe use the side hustle to

9:09

show I'm building up expertise, maybe I've

9:11

done a course, I've got skills, and

9:13

then you could apply for jobs. Like,

9:15

you know, if you didn't make this

9:17

business work out, you don't necessarily have

9:20

to go back to the emergency services,

9:22

you could say, well I want to

9:24

build my career in the travel sector

9:26

in the travel sector. But even if

9:28

something fails, you learn a lot of

9:30

lessons from what went wrong. It's wonderful

9:32

that you have been able to follow

9:34

your dream and that you're aware of

9:37

the bigger financial questions and that you

9:39

know what you're giving up. Because I

9:41

think for most self-employed people, one of

9:43

the hardest things financially is obviously having

9:45

an irregular income. You know, some months

9:47

you might do well, other months you

9:49

might not do so well, so you

9:51

need a bigger kind of cash buffer

9:53

to allow for unforeseen expenses, as you've

9:56

said. And the other thing that many,

9:58

many self-employed people never have, sadly, is

10:00

a pension, because locking away money for

10:02

retirement is not very... and often if

10:04

you're self-employed it can be really hand-to-mouth.

10:06

Well Caitlin we're all about supporting local

10:08

or new or small businesses so give

10:10

us a shout out what is your

10:13

travel company called for anyone who wants

10:15

to go on holiday this summer. My

10:17

business is called Always Always Travel. Congrats

10:19

with it all Caitlin and I hope

10:21

it does really really well for you.

10:23

Thank you so much. Now

10:33

Lucy you were the only person who

10:35

messaged in who does what you do

10:37

so let's let's build up to what

10:39

your hostile is let's go back to

10:42

the beginning how did you end up

10:44

creating this business for yourself so I

10:46

I moved abroad when I was 20

10:48

so I worked overseas for nearly 10

10:50

years and when I moved back I

10:52

fell very quickly back into the whole

10:54

nine till five and I'll be dead

10:56

on it so absolutely hated it so

10:59

I always had the urge to go

11:01

and do something for myself and I

11:03

was watching other people around we do

11:05

like jobs and events and starting businesses

11:07

and events and I was like, why

11:09

don't I like start something for me?

11:11

I was always the friend in our

11:13

friendship group who did the baby showers,

11:15

I was always the organiser, always the

11:18

one who went... extra for friends birthdays

11:20

that sort of thing. Right. It was

11:22

when like chocolatory boards and grazes had

11:24

started becoming a little bit of a

11:26

thing and I'd done one for a

11:28

friend's baby show and I was like

11:30

you know what I'm going to start

11:32

doing like just little mini boards and

11:35

doing them at like Christmas and birthdays

11:37

and that was literally how it started.

11:39

So I started doing grazes for like

11:41

two people like little mini boards. And

11:43

then now we do them up to

11:45

300 people. Wow, that's going to be

11:47

some board. I was going to see

11:49

them. It is. It's going to see

11:52

them. Yeah. Look at this. Look at

11:54

this guy. Oh, we've actually got one.

11:56

Oh my go. Oh, look at this.

11:58

That is brilliant. Good look. Oh my

12:00

goodness, white chocolate, I'm glad there's some

12:02

fruit in there. So Jim, she totally,

12:04

she produced some more of his house.

12:06

Lucy, these are amazing. Straight in with

12:09

the white chocolate, Lucy. Do you know,

12:11

I was wondering if you were... Claire's

12:13

tucking in his work. I was wondering,

12:15

Gemma, if you were going to give

12:17

me any lunch, but I have to

12:19

say, this has surpassed my expectations. Oh,

12:21

wow. Delicious. So yes, they're like literally

12:23

just the mini boards we do. And

12:25

then obviously the bigger ones now, we

12:28

go up to like 300 people and

12:30

they're massive that we do for weddings.

12:32

I have a friend like you, she

12:34

called Laura, she does the best Buffy

12:36

spreads, any birthdays, you know. I don't

12:38

think she'd be able to be able

12:40

to be able to recreate this. as

12:42

it has always been a passion of

12:45

yours like just like hosting and creating

12:47

things like this. I love like going

12:49

the extra mile for people and I

12:51

think like I'm a foodie anyway so

12:53

that's kind of how it started and

12:55

then I love like people's reactions and

12:57

just like making an event. that little

12:59

bit more special. Then I created like

13:02

an Instagram account and decided to take

13:04

the plunge like six months in. I

13:06

was like, if I am going to

13:08

make this something I'm going to have

13:10

to leave my nine till five. But

13:12

it wasn't quite at the point where

13:14

I could have left fully. So I

13:16

went and got some part-time jobs. So

13:18

I've just waited in a pub. I

13:21

got a job at a wedding venue

13:23

just behind the board just to like

13:25

tick me over because... we still have

13:27

things like bills and mortgages pay and

13:29

things like that and then 18 months

13:31

it and I quit both of them

13:33

and just kind of went for it

13:35

fully. Lots of people when they do

13:38

start a side hustle they don't put

13:40

a value on their time and they

13:42

might think well I can do this

13:44

and I can make some money but

13:46

they don't think actually it's taken me

13:48

four hours where I could have been

13:50

doing something else even if that something

13:52

else is relaxing because we only downtime

13:55

downtime and often with side hustles you

13:57

know you're raggedid aren't you like trying

13:59

to satisfy all of the commitments that

14:01

you've said yes to you and the

14:03

other mistake people often may. is not

14:05

keeping the finances separate because if you've

14:07

got your own bank account and all

14:09

the money coming in from your bookings

14:12

and going out for your expenditure you

14:14

know buying all the raw materials that

14:16

you need to make these amazing boards

14:18

with it can be quite hard to

14:20

see am I actually making a profit

14:22

from this if I did do it

14:24

as my main hustle would it pay

14:26

the bills or would it just cover

14:28

the costs of making the boards but

14:31

presumably you had some kind of system

14:33

for for working all of that out

14:35

that gave you the confidence to to

14:37

gradually quit. Yeah I think I think

14:39

for me when I started like I

14:41

look at what I charge for them

14:43

boards at the time and like exactly

14:45

like you just said I was literally

14:48

breaking even and but I opened a

14:50

business bank quite quickly so I could

14:52

monitor my profit and loss. So I

14:54

did that from the offset so I

14:56

could see. I could see what I

14:58

was making and I'll be dead honest,

15:00

probably to be fair for the first

15:02

12 months. I was either running at

15:05

a slight loss or I was just

15:07

breaking even with it. But I had

15:09

to do that to build my profile

15:11

up, build my customer trust up, build

15:13

my brand up and it was at

15:15

that point 18 months in. I decided

15:17

to go UK wide with the weddings.

15:19

and I'm so glad I took that

15:21

12 18 months building it up because

15:24

I'd by that point I've got that

15:26

presence on social media I've built my

15:28

brand up and I've got that trust

15:30

and and that's become vital with where

15:32

I went to the business but like

15:34

say for 18 months I had to

15:36

work I can remember being the bar

15:38

job on a Friday sneaking the toilet

15:41

to reply back to DM's wow it

15:43

has been a juggling act but it's

15:45

taught me a lot along where so

15:47

the most profitable things for you would

15:49

be weddings, maybe corporate events. Yeah, definitely.

15:51

I think because with weddings is well,

15:53

it's a talking point, isn't it? When

15:55

you're at a wedding, oh did that,

15:58

who did that cheese board? Give us

16:00

your social media page, we'll share it.

16:02

I've got oso sweet grazing and... And

16:04

I've also recently started my second business

16:06

on the back of Oso Sweet, which

16:08

is called My Planner, Bioso Sweet. So

16:10

your side hustle has begetted another side

16:12

hustle? You got thrice hustles? A thrice

16:15

hustle! I've never heard anyone say that

16:17

before. Copyrighted it immediately. Thank you so

16:19

much for joining us Lucy. My pleasure,

16:21

honestly. Thank you so much for having

16:23

me. We really appreciate it. And good

16:25

luck with it all. It's

16:47

the overshare with me, Gemma Atkinson. We're

16:49

celebrating those wonderful side hustles in this

16:51

episode. Now as you know there's plenty

16:53

of ways to get in touch with

16:55

our pot to get your story on.

16:57

Here's a voice note, none of us

16:59

expected. Listen to how Annie, who's 27,

17:01

has turned her side hustle into a

17:04

very well-paid paycheck. So it started back

17:06

in 2019 when I was scrolling on

17:08

TikTok and I was working a job

17:10

where I was earning about $60,000 Australian

17:12

dollars a year. I was still living

17:14

at home and I was desperate to

17:16

move out and to buy my own

17:18

house. And then one day I was

17:20

scrolling on TikTok and I saw this

17:23

girl pop up who was talking about

17:25

how much money she was earning on

17:27

a platform called Only Fans. And I

17:29

was like, what's only fans. I did

17:31

some research and obviously found out that

17:33

it was an explicit website. what a

17:35

great opportunity, like go get that bad

17:37

girl. And I thought to myself, I

17:40

wonder if I could ever do that.

17:42

And I thought about it for ages

17:44

and I was super insecure at the

17:46

time and I really cared what everyone

17:48

thought about me and because I went

17:50

to a all-girls private Catholic school in

17:52

Melbourne, one of the most like elite

17:54

schools in Melbourne, I, the social circles

17:56

there are quite small even though I

17:59

was, you know, six years out of

18:01

school or five years out of school

18:03

at that point, everyone knows each other

18:05

and like gossip spreads like wildfire. So

18:07

I was so scared. And I just

18:09

thought, you know what? Screw it. I'm

18:11

going to do it. So I started

18:13

an account and the first month I

18:15

made about $9,000 US dollars, which was

18:18

just insane money to me because Obviously,

18:20

yeah, I'd been earning, what, about $4,000

18:22

Australian dollars per month. And within three

18:24

months, you know, I had a savings

18:26

of about $30,000. I did kind of

18:28

say to myself, you know, it's probably

18:30

on the amount of time before my

18:32

work finds out about the only fans.

18:35

Like, there's only so... long you can

18:37

keep it a secret for. It was

18:39

a ticking time bomb, but by that

18:41

point I just didn't care. And then

18:43

the next day, the second I got

18:45

home, I received an email from my

18:47

boss and it was titled Termination. And

18:49

I was like, what? So I scroll

18:51

down and it was a screenshot of

18:54

my only fans. on the email. I

18:56

never thought I would say that I

18:58

would be relieved to be fired, but

19:00

I was so relieved. I felt like

19:02

a weight was lifted off my shoulders.

19:04

It felt like the universe was telling

19:06

me this is what I'm meant to

19:08

do. I decided to put 120% into

19:11

my only fans and do that full-time.

19:13

And in the first month of doing

19:15

it full-time, I made $40,000. So now

19:17

I own three properties, I'm about to

19:19

buy my fourth, and then I'm going

19:21

to buy my dream home. Yeah, I

19:23

guess that's sort of how my only

19:25

fans went from just a side hustle

19:27

where I was saving, you know, $2,000

19:30

to $7,000 per month to put towards

19:32

a house to now earning, you know,

19:34

over $200,000 a month. So yeah. Wow,

19:36

so, I mean, that's a side also

19:38

for a lot of people now, isn't

19:40

it? Only fans. Yes, I say this

19:42

with... a slightly heavy job. Is that

19:44

why you went? Yes. You imagine? I'm

19:47

not on any fancy fancy. You do

19:49

the rain in the morning and go

19:51

and take pictures. If only, if only

19:53

that were the case, I'm being very

19:55

honest with you here because this is

19:57

the overshare podcast. Honestly is the way

19:59

for it. It's my stepdaughter was doing

20:01

this. I'd have a blue fit. Really?

20:03

What are you doing? You know, it's

20:06

wonderful that she can make so much

20:08

money and hopefully be financially independent from

20:10

choosing this way of life. But it's

20:12

like anything, isn't it? There's going to

20:14

be a time limit on how much

20:16

she's able to make the big bucks

20:18

from this. My thing with only funds.

20:20

I mean, I did. back in the

20:23

day I did zoo, FHA, Maxim, I

20:25

had a fantastic career as the codema

20:27

glamour model. I never did, never showed

20:29

full boot, nothing like that and I

20:31

think my mom would have said she

20:33

would have drawn the line there. But...

20:35

Are you glad that you didn't? Yes,

20:37

I think because I did it before

20:39

social media, before all of that, I

20:42

always had my agent present with me,

20:44

we had a contract in place, we

20:46

had professional photographers, it was a professional

20:48

shoot. It wasn't, and it was in

20:50

a magazine bought by people and I

20:52

got paid very well for it. It

20:54

wasn't a case of I had to

20:56

actively find people who would buy these

20:58

pictures and my only fear with only

21:01

fans is that, people can get stuff

21:03

online for free, can't they? It doesn't,

21:05

so these people are subscribing because they

21:07

particularly like what this person is posting.

21:09

But my fear for it is, if

21:11

they get bored, say for example... back

21:13

in the day I refuse to do

21:15

full nude at the top. If my

21:18

employer to turn around to me and

21:20

said, well, we're not just going to

21:22

not paying you anymore, what do I

21:24

do? You're in a position. If in

21:26

Annie's case, you subscribe to say we

21:28

want full nudity, or we're not subscribing,

21:30

then what does she do? She's faced

21:32

with a decision. And if that's solely

21:34

or only income, and if she refuses

21:37

to do that... they all stop subscribing,

21:39

she's no income, those pictures are out

21:41

forever. And I know that any future

21:43

employee, the first thing they do is

21:45

look at your social media. If you

21:47

were employing someone to work for your

21:49

company, you look at the social media,

21:51

you look at what they're doing in

21:54

the private time, and they could see

21:56

that. So that for me... And of

21:58

course all of the men who've been

22:00

looking at it. It's not on their

22:02

TV. No one's going to think the

22:04

worst of them. Yeah, that would be

22:06

the downside for me is the safety

22:08

aspect of... Will it limit what you

22:10

can do in the future? There are

22:13

a lot of young girls who are

22:15

growing up. You can see that people

22:17

are making money from this and other

22:19

forms of being an influencer say on

22:21

social media. I mean apparently being an

22:23

influencer is the number one career aspiration

22:25

of most school leavers in the UK.

22:27

I read in a newspaper article a

22:30

while ago. And it's just not realistic

22:32

for everyone to be able to make

22:34

money out of these things. It's not

22:36

realistic for everybody who goes on any

22:38

fans to... be able to make an

22:40

income of you know however much it

22:42

is seven and a half thousand pounds

22:44

a month that she's making of a

22:46

hundred thousand pounds a year people might

22:49

think oh you know I could I

22:51

could go and do that I bet

22:53

there's loads of people who are doing

22:55

it who aren't making anywhere near like

22:57

that amount of money so it's not

22:59

the given that this is a side

23:01

hustle that could work out for you

23:03

and you know you need to think

23:06

very very carefully about why you're going

23:08

into this what you hope to get

23:10

out of it what your own personal

23:12

boundaries are as you say and if

23:14

people are just deciding on their own

23:16

to do this because we're technologically nowadays

23:18

you know yeah it's great you can

23:20

start up a business from your smartphone

23:22

you know in a suburban bedroom somewhere

23:25

but on the other hand have you

23:27

got somebody that you can trust you

23:29

is giving you credible advice and guidance

23:31

are you a vulnerable person who should

23:33

really not be doing this? And if

23:35

you're making a lot of money, obviously

23:37

you still have to declare a tax.

23:39

Yeah, you've got to declare an exemption

23:42

at HRRC. And I mean, if anything,

23:44

they're becoming more alive, the tax authorities,

23:46

to ways that people are making money

23:48

through different side hustles. She will need

23:50

to be paying tax and declaring this

23:52

income. If she hasn't got one already,

23:54

I seriously... think about getting an accountant?

23:56

I mean, maybe even doing a business

23:58

plan might sound very odd. Some of

24:01

you say, well, have you got a

24:03

business plan for your only fan side

24:05

also, but you've also got to think

24:07

about like, well, what else am I

24:09

doing? Because, you know, am I still

24:11

going to be on Amy fans when

24:13

I'm 50? Should I set up a

24:15

pension? Again, you might think what? Well,

24:17

as long as there's guys out there,

24:20

they will be. Real,

24:35

so our next guest on the overshare,

24:37

this is Sam, who, through an awful

24:39

accident, has now international business, it's into

24:41

its 11th year, so this business is

24:43

thriving. Sam, congratulations first of all on

24:45

your business, tell us first of all

24:47

what your business is and how you

24:49

got to it. So my business is

24:51

basically rugby kit, well, sportswear but mainly

24:54

rugby, SRG Elite. It kind of started

24:56

when I was a young lad, really,

24:58

really, just... designing as a boy, designing

25:00

Man United Kitz, Eric Kansen, our shirts

25:02

and stuff like that. And then as

25:04

I grew up, I kind of stopped

25:06

doing it. And then I had a

25:08

serious rugby injury where I dislocated my

25:10

knee, ripped all the ligaments and then

25:12

snapped a knee cap in half as

25:14

well. So I was, yeah, I was

25:17

pretty low and I was laying in

25:19

bed in a full leg cast from

25:21

ankle to hip, very bored, just not

25:23

being able to do anything. And then

25:25

I just started designing and learning learning

25:27

learning and learning photo shop. and I

25:29

designed a rugby shirt, a charity rugby

25:31

shirt for my local club and then

25:33

literally gave it to a company and

25:35

they produced it and made money off

25:37

of it. So I was like, okay,

25:40

there might be something in this. So

25:42

yeah, it's kind of snowball from there

25:44

really. So you're an example of turning

25:46

something that happened to you which could

25:48

have sent you Spire than another way

25:50

to hang on a minute. I can't

25:52

physically play rugby at the minute, but

25:54

I can still have an involvement with

25:56

a... that I'm learning and I can

25:58

turn it into an income. Yeah. I

26:01

vividly remember my dad saying to me

26:03

you need to get a job and

26:05

I just remember Finn so passionate about

26:07

it because I wasn't very academic at

26:09

school, never really found my groove in

26:11

any roles or any jobs and then

26:13

I found this and it's that famous

26:15

saying that if you love what you

26:17

do for work you won't work a

26:19

day in your life and I don't

26:21

feel like I've worked for 11 years

26:24

because I just love it. That's brilliant.

26:26

And do you have a team of

26:28

people working for you now? No, me.

26:30

It's just used to. Yeah. We did

26:32

have an office and we did have

26:34

staff during COVID. Obviously we lost all

26:36

of that. So that was a really

26:38

tough time struggling with money and stuff.

26:40

Of course, because our main income was

26:42

rugby, which is close contact sport. And

26:44

they were one of the last team,

26:47

the last sports to go back in

26:49

from COVID. So. We probably had a

26:51

real tough two years during COVID, but

26:53

the problem was is because the way

26:55

COVID hit was mid-season. So even when

26:57

we returned to playing rugby, a lot

26:59

of clubs were getting sponsors saying, look,

27:01

you've only used your shirts for half

27:03

a year. So we want you to

27:05

carry on using those for the new

27:07

season. So it was like two, three

27:10

years until we really got back into

27:12

the swing of things. What does someone

27:14

do Claire in that situation? If they

27:16

have a business that is booming and

27:18

then it's kind of taken a low

27:20

web, obviously Sam managed to keep going,

27:22

keep afloat and it's paid off because

27:24

now it's happening again. During COVID exceptional

27:26

times and the government came up with

27:28

exceptional measures to help save businesses, there

27:30

was furlough obviously for paying employees, there

27:33

were the bounce back loans, I don't

27:35

know if you've got one of those

27:37

Sam. Yes, yeah, may come up with

27:39

those. Presumably you're still paying that back.

27:41

Still paying that? Yeah, like many businesses.

27:43

What's the bounds of that? It was

27:45

a special government loan that you could

27:47

get very quickly without all that many

27:49

checks, but of course that money has

27:51

got to be paid back with interest.

27:53

still so lots of small businesses are

27:56

having to pay that back at a

27:58

time when you know lots of other

28:00

overheads as you say are going up

28:02

you know the cost of employing people

28:04

for one that's all going to go

28:06

up in in April with changes that

28:08

the new government has made to try

28:10

and recoup some of that money that

28:12

was spent during COVID but I mean

28:14

Sam obviously you've come through Tough times

28:16

as a business owner. I mean we

28:19

often talk about the upside of running

28:21

your own business, being your own boss

28:23

and the freedom of having a side

28:25

hustle but I mean obviously with freedom

28:27

comes responsibility would you say? I have

28:29

no problem saying that I've had a

28:31

lot of mental health issues over the

28:33

over the years during COVID. The problem

28:35

I didn't have is I didn't have

28:37

any answers. So if I probably would

28:39

have dealt with it better if it

28:42

was like if I know this is

28:44

just for six months just to get

28:46

through it for six months. But it

28:48

was like endless, it was like another

28:50

lockdown, another lockdown, right, we're not bringing

28:52

Ruby back until this, and then that

28:54

was put back, and so you're thinking,

28:56

I don't know when my next door

28:58

is going to come through the door.

29:00

We've got some fantastic clients, like we've

29:02

got a certain team in America, and

29:05

he literally emailed me saying, look, what

29:07

can we do to help you? Don't

29:09

know this guy, I've never met this

29:11

guy before, but he'd been with me

29:13

for years, and he's been with me

29:15

for years, and he's like. Can we

29:17

order some stuff early? Can we do

29:19

some, I don't know, leisure wear stuff?

29:21

To be fair, a lot of the

29:23

clients were fantastic in that regard. So

29:26

yeah, they really got me through. Obviously

29:28

the bows and back loan helped as

29:30

well, but like you say, we're still

29:32

paying that off now. And how is

29:34

business now though? Because obviously rugby, it's

29:36

just kicked off, do you say kicked

29:38

off in rugby? I don't know, I

29:40

just think many throw away. I just

29:42

watched it for the thighs, Sam, Sam,

29:44

not the actual game, not the actual

29:46

game, but not the actual game. Yeah

29:49

fantastic so we're fully back on in

29:51

line now where we were in 2019

29:53

so we recorded our best year last

29:55

year. Lots of people who are going

29:57

to be listening or watching this podcast

29:59

might have dreams of turning their own

30:01

side hustle into a business. I mean

30:03

you've done it what advice would you

30:05

give people? listen to the naysayers like

30:07

my dad I love my dad to

30:09

bits he's full of great advice but

30:12

that's the one time I went against

30:14

him because I knew he said go

30:16

and get a job you need to

30:18

go and get I just knew this

30:20

was this was my call it and

30:22

that could have been an easier path

30:24

for you financially yeah but yeah it

30:26

wouldn't have given you as much joy

30:28

than satisfaction no the thing that I

30:30

love like for example in the Dubai

30:32

sevens you turn around the corner and

30:35

you see somebody wearing your kit it's

30:37

like Wow, that's amazing. Kids, like there's,

30:39

we've got teams that have got 600,

30:41

700 kids. And you see all these

30:43

pictures of them loving rugby in your

30:45

kit. It's just the best feeling in

30:47

the world. And what's your company called

30:49

or what's the kit called? SRG Elite.

30:51

We've done Royal Marines kits. We've done

30:53

England wheelchair kits, England deaf team. So

30:55

yeah, it's proper international run now. That

30:58

is amazing Sam. Congratulations. I feel like

31:00

when he's done. Lord you. Oh Sam,

31:02

thank you so much for coming on

31:04

the overshare. You'll prove that if you

31:06

keep on going. Just keep going, moving

31:08

forward. Work with the suppliers. Get a

31:10

little on your team. Thank you Sam.

31:17

So our next guest, this is

31:19

a first for the overshare, we've

31:21

never had two guests on at

31:23

once, it's an overshare duo. Say

31:25

hi, it's a Sarah, and Rocco,

31:27

hi guys. Hi, are you guys?

31:29

Are you okay? Nice to meet

31:32

you. Thank you for joining us,

31:34

let's start with you, this is

31:36

a great example of perfect timing,

31:38

isn't it, because you quit your

31:40

own business to get involved in

31:42

your son's business, is that right?

31:44

Kind of, during COVID, I've got

31:46

my own travel business, and... the

31:48

start of COVID, as you can

31:50

imagine, just went piling down and

31:53

business was going before my very

31:55

eyes as were most businesses. And

31:57

our son, Rocco, always loved to

31:59

cook. He started cooking. for the

32:01

local community, decided he wanted to

32:03

start making doble to the local

32:05

community. And as time when on

32:07

drawing COVID, we started to sell

32:09

the doeballs and realized quite quickly

32:11

that it was actually a really

32:14

good start-up business. So we ended

32:16

up doing artisan fairs, charity events.

32:18

whilst I was also looking after

32:20

my travel business and the forever-changing,

32:22

you know, travel requirements, I was

32:24

finding myself standing next to my

32:26

10-year-old at the time in an

32:28

apron serving at Fresh Doballs to

32:30

clients who a year before or

32:32

even six months before were booking

32:35

to buy with me. So it's

32:37

just gone from strength to strength.

32:39

We bought my pizza oven four

32:41

years ago and the rest is

32:43

history, started up his own pizza

32:45

takeaway a year ago and he

32:47

does it. during school holidays and

32:49

weekends. So I am now a

32:51

soup chef stroke travel agent. That's

32:53

amazing, Rockle, that you've had that

32:55

passion and drive to do something

32:58

because most large your age, they're

33:00

not they're not working, they're not

33:02

starting businesses, I wasn't at 14.

33:04

What made you want to get

33:06

into that? I really enjoy making

33:08

pizzas. I also enjoy making money.

33:10

earning his own money at a

33:12

young age, what would be the

33:14

wisest thing to do with it?

33:16

Because obviously the excitement's there, isn't

33:19

it? You're getting money. What would

33:21

your advice be so that that

33:23

money can make more money and

33:25

not just be spent? Well before

33:27

I dispense any advice, can I

33:29

dispense some congratulations, both to you,

33:31

Rocco, but also to your mum,

33:33

because I think that for young

33:35

people to learn the value of

33:37

money... there's no better way than

33:40

earning some money because you know

33:42

how hard you've had to work

33:44

to earn that pound or ten

33:46

pounds or hundred pounds or whatever

33:48

it is that you've made you're

33:50

learning about the cost of ingredients

33:52

how much money are you making

33:54

from this can you share any

33:56

figures with So when I usually

33:58

do it for a couple, maybe

34:01

two, three hours of work a

34:03

day, I'll make probably around 120

34:05

pounds profit. Wow. Impressive. That's very

34:07

impressive. Now may I ask a

34:09

slightly delicate question, which your mom

34:11

may know the answer to, are

34:13

you paying tax? No, we don't

34:15

pay tax. You're not earning enough.

34:17

Every UK adult can make a

34:19

thousand pounds doing any kind of

34:22

side hustle they like. It's called

34:24

a digital trading allowance, HMR equals

34:26

it because so many of these

34:28

sorts of businesses are online. So

34:30

you can make a thousand pounds,

34:32

you don't have to pay any

34:34

tax. I should point out if

34:36

you're selling secondhand clothes, that doesn't

34:38

count as trading. That's just selling

34:40

something you've got. There was this

34:43

big cuffle a year ago because

34:45

people thought that you were going

34:47

to be reported for... selling clothes

34:49

and making profit. If you're buying

34:51

things to sell, then yeah, that's

34:53

trading. If you're just selling stuff

34:55

that doesn't fit you anymore, that's

34:57

different. That's different. But what Rocco

34:59

is doing, you know, is a

35:01

business. If you've got income of

35:04

more than 12,000 pounds per year,

35:06

that's the point at which you

35:08

start to pay income tax. So

35:10

it always should be... in the

35:12

back of your mind if you

35:14

are starting a side hustle because

35:16

your side hustle might work on

35:18

paper and then all of a

35:20

sudden actually I'm making enough money

35:22

from this to actually have to

35:25

pay tax and now all of

35:27

a sudden the sums don't add

35:29

up. Lots of side hustles go

35:31

wrong because people don't realise money

35:33

coming in, money coming out. Am

35:35

I actually making any cash here?

35:37

you know the value of your

35:39

own time because obviously you've got

35:41

to do school work during term

35:43

time during holiday time the time

35:46

is your own but you'll say

35:48

putting some money aside from this

35:50

side hustle and it might be

35:52

that you know when you're when

35:54

you're older you could use that

35:56

as capital to start another or

35:58

go and work in the food

36:00

industry because you've got all of

36:02

this knowledge and skill that you've

36:04

been building up. which is valuable

36:07

too. What's your Instagram account, Rocco?

36:09

Give it a shout. Like you

36:11

say, it's word of matter. There's

36:13

a lot of people listening now.

36:15

So what is it if they

36:17

want to order pizzas from you?

36:19

An Instagram. Chef Rocco 10. Chef

36:21

Rocco 10. Rocko. 10. Rocko 10.

36:23

Rocko. Rocko. 10. Rocko. Rocko. Well

36:25

done with it all. And good

36:27

look. Yeah. Well,

36:37

what a another enlightening positive inspiring episode. I

36:39

think it's brilliant the guests we've had on.

36:41

Thank you to all of them and if

36:43

you're inspired to take your hobby or side

36:45

hustle to the next level following this then

36:47

you need to let me know you could

36:49

be on series three. Say my hustle came

36:51

from series two. Thank you so much to

36:54

you Claire. Just a quick one before you

36:56

go. If you add... We're doing a side

36:58

hustle, we know it's not only fans, what

37:00

would it be? Well, I have many side

37:02

hustles. Okay. So, well you could say that,

37:04

you know, I'm a writer for my job

37:06

for a newspaper, you know, I have side

37:08

hustles of doing podcasts, TV. Yeah. Yes, I

37:11

may have mentioned that I've written your book.

37:13

But aside from like the world of media

37:15

and stuff, like for me it would be

37:17

dog walking. If I, my side would sell

37:19

anything with dog walking, I'd do anything with

37:21

dogs. I'd love to be a blue badge

37:23

guide around London. I'm one of those people

37:25

who says, oh, do you know that that

37:27

church over there is in the 16th century.

37:30

I love local history, the history of London,

37:32

very, very into that. The other big hobby

37:34

that I have, bird watching. Oh, nice. It's

37:36

quite difficult to make money out of third

37:38

watching, but if there were a way, you

37:40

know, guided tours of the hacking rounds, who

37:42

knows. Please remember to subscribe to our Overshare,

37:44

so you don't miss out on any of

37:47

our episodes, and if you could leave us

37:49

a review, we'd really, really appreciate it. is

37:51

produced by Matt Foister and

37:53

Carter for for Bauer thank

37:55

you to both of

37:57

you. to We shall return

37:59

shall the next episode the

38:01

Thank you for downloading

38:03

soon. we'll see you

38:06

all soon, hustlers. and we'll see

38:08

you all soon husslers. People saying Claire's only

38:10

fans, People are going

38:12

to assume, assume you know that

38:14

know, that you are.

38:16

That you I know which believe me

38:18

would never happen in a million years.

38:20

a million years. I don't think

38:23

anyone want to pay

38:25

for it. Finance on

38:27

all fours with Claire Baro. I can

38:29

get a button.