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I make more money from my side hustles than my six-figure software engineering job. Here's how I build and manage my income streams.

Jan 22, 2025 - businessinsider.com
Ritesh Verma, a 23-year-old software engineer in Jersey City, earns nearly $15,000 monthly from side hustles alongside his job at Capital One, where he has a $136,000 base salary. His side hustles include creating AI agents, YouTube content, a mentorship program, and SaaS products. Verma's main income comes from building purchasing bots for niche markets, which he promotes through Reddit, despite facing challenges with the platform's promotional policies. He also earns from YouTube ad revenue and sponsorships, a mentorship program teaching bot coding, and SaaS products like Instagram outreach software.

Verma manages his side hustles by automating tasks, allowing him to focus on multiple projects simultaneously with minimal ongoing effort. He maintains a balance by dedicating evenings and weekends to his side projects while ensuring personal time through regular travel. Despite his success, Verma plans to keep his full-time job until his side businesses generate three times his Capital One salary, as he values the stability and opportunity to experiment with various projects.

Key takeaways:

  • Ritesh Verma earns almost $15,000 monthly from side hustles, including AI agents, YouTube, mentorship, and software services, alongside his job at Capital One.
  • He uses automation to manage multiple projects simultaneously, allowing him to maintain his side hustles without disrupting his full-time job.
  • Verma utilizes Reddit to find clients for his services, despite facing challenges like having his promotional posts removed and needing to create multiple accounts.
  • He plans to leave his full-time job only when his side hustles generate three times his Capital One base salary, ensuring financial stability before making the transition.
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