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Yahoo
4 days ago
- Business
- Yahoo
This attorney left the US for Mexico when his pandemic-era side hustle exploded — now he rakes in more than $350K/year
When COVID-19 brought Derrick Morgan Jr.'s legal career to a standstill, he looked for a way to make money from home — and found one that changed his life. Today, Morgan works full-time as a trademark attorney offering services directly to clients through online platforms. He lives primarily in Mexico City, pays himself $350,000 a year and has traveled to more than 60 countries, all while setting himself up for early retirement. 'My goal isn't necessarily to just be rich,' Morgan told CNBC Make It. 'My goal is just to have options.' Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Turning trademarks into a thriving business In 2020, Morgan was working on a contingency basis at an Indianapolis law firm. But when the courts shut down during the pandemic, so did his income. That's when a cousin asked for help registering a trademark. Though Morgan had studied intellectual property in law school, he hadn't practiced it in his day job. Still, the work came naturally and sparked an idea. He began offering trademark services on Fiverr, a freelance marketplace. His straightforward communication and customer-friendly style helped him stand out. Within a few months, his side hustle became a full-fledged business. Today, Morgan offers everything from trademark searches and filings to brand enforcement, charging between $600 and $800 per client. With the help of a paralegal and an AI assistant, he's scaled down from 90-hour workweeks to about 45 to 50 hours. Since trademark law is federal law, Morgan says he can work from anywhere as long as he has a U.S. license with a state bar. This allows him to pursue his passion for travel. He's visited more than 60 countries so far, and splits his non-travel time between Dallas and Mexico City, where he lives for nine months each year. The other three months? 'Wherever the wind takes me,' he told CNBC Make It. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it How he manages and invests his money Morgan expects to earn about $500,000 this year and pays pay himself $350,000. He supplements that with $440 in monthly rental income from a Chicago condo. He spends about $2,000 on rent, and about $1,085 per month on dining out, mostly at his favorite taco spots. He doesn't own a car; instead, he relies on Uber, paying about $170 a month. He doesn't carry a balance on his credit cards and his only debt is $42,000 in student loans. Inspired by the FIRE movement (financial independence, retire early), Morgan hopes to retire in his 40s and sets aside at least 40% of his income each month. His investment strategy includes: Tax advantaged accounts: Solo 401(k), SEP IRA and HSA Taxable brokerage account: Allows early access to funds before age 59.5 Real estate: Including a stake in a boutique hotel development in Mexico 'I invest in real estate because I don't want all my wealth tied to the stock market,' he said. Morgan's hard work has paid off as he earns substantially more than the 2024 median pay of $151,160 per year for a U.S. lawyer. He's also setting himself up for a comfortable life moving forward by prioritizing his savings and diversifying his investments in tax-advantaged and taxable accounts. Want to follow in his footsteps? Here's how to start Morgan's story is inspiring, but replicating it starts with identifying your own skills and building a business around them. Then, you can layer in smart money moves to create long-term financial stability. How to turn your skills into a successful solo business: List out what you're good at: Include formal training, hobbies and tasks people come to you for help with. Look for overlap with market needs: Search freelance platforms or social media to see what services are in demand. Start small and test your offer: Platforms like Fiverr, Upwork or social media are great for validating your niche. Refine your process: Streamline your workflow, get help (like Morgan's paralegal or AI assistant) and raise your rates as demand grows. Build flexibility into your business: Choose a service or model you can do from anywhere. Smart investing tips for freelancers and solo entrepreneurs: Open a solo 401(k): Contribute as both employer and employee to maximize retirement savings. In 2025, solo 401(k) contributions can total up to $70,000 — or more with catch-up contributions, which raise the limit to $77,500 or $81,250 depending on your age. Consider a SEP IRA: Easy to set up, with high annual contribution limits. They allow employer contributions of up to 25% of your income or $75,000 in 2025. Just be sure your combined SEP and solo 401(k) contributions stay within IRS limits. Diversify beyond stocks: Like Morgan, consider real estate or alternative investments if they align with your goals. Morgan's success came from leaning into what he already knew and using discipline and smart planning to scale it into something life-changing. After years of 90-hour workweeks and committed saving, he's now built a life of freedom and a future of financial security. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
4 days ago
- Business
- Yahoo
This attorney left the US for Mexico when his pandemic-era side hustle exploded — now he rakes in more than $350K/year
When COVID-19 brought Derrick Morgan Jr.'s legal career to a standstill, he looked for a way to make money from home — and found one that changed his life. Today, Morgan works full-time as a trademark attorney offering services directly to clients through online platforms. He lives primarily in Mexico City, pays himself $350,000 a year and has traveled to more than 60 countries, all while setting himself up for early retirement. 'My goal isn't necessarily to just be rich,' Morgan told CNBC Make It. 'My goal is just to have options.' Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Turning trademarks into a thriving business In 2020, Morgan was working on a contingency basis at an Indianapolis law firm. But when the courts shut down during the pandemic, so did his income. That's when a cousin asked for help registering a trademark. Though Morgan had studied intellectual property in law school, he hadn't practiced it in his day job. Still, the work came naturally and sparked an idea. He began offering trademark services on Fiverr, a freelance marketplace. His straightforward communication and customer-friendly style helped him stand out. Within a few months, his side hustle became a full-fledged business. Today, Morgan offers everything from trademark searches and filings to brand enforcement, charging between $600 and $800 per client. With the help of a paralegal and an AI assistant, he's scaled down from 90-hour workweeks to about 45 to 50 hours. Since trademark law is federal law, Morgan says he can work from anywhere as long as he has a U.S. license with a state bar. This allows him to pursue his passion for travel. He's visited more than 60 countries so far, and splits his non-travel time between Dallas and Mexico City, where he lives for nine months each year. The other three months? 'Wherever the wind takes me,' he told CNBC Make It. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it How he manages and invests his money Morgan expects to earn about $500,000 this year and pays pay himself $350,000. He supplements that with $440 in monthly rental income from a Chicago condo. He spends about $2,000 on rent, and about $1,085 per month on dining out, mostly at his favorite taco spots. He doesn't own a car; instead, he relies on Uber, paying about $170 a month. He doesn't carry a balance on his credit cards and his only debt is $42,000 in student loans. Inspired by the FIRE movement (financial independence, retire early), Morgan hopes to retire in his 40s and sets aside at least 40% of his income each month. His investment strategy includes: Tax advantaged accounts: Solo 401(k), SEP IRA and HSA Taxable brokerage account: Allows early access to funds before age 59.5 Real estate: Including a stake in a boutique hotel development in Mexico 'I invest in real estate because I don't want all my wealth tied to the stock market,' he said. Morgan's hard work has paid off as he earns substantially more than the 2024 median pay of $151,160 per year for a U.S. lawyer. He's also setting himself up for a comfortable life moving forward by prioritizing his savings and diversifying his investments in tax-advantaged and taxable accounts. Want to follow in his footsteps? Here's how to start Morgan's story is inspiring, but replicating it starts with identifying your own skills and building a business around them. Then, you can layer in smart money moves to create long-term financial stability. How to turn your skills into a successful solo business: List out what you're good at: Include formal training, hobbies and tasks people come to you for help with. Look for overlap with market needs: Search freelance platforms or social media to see what services are in demand. Start small and test your offer: Platforms like Fiverr, Upwork or social media are great for validating your niche. Refine your process: Streamline your workflow, get help (like Morgan's paralegal or AI assistant) and raise your rates as demand grows. Build flexibility into your business: Choose a service or model you can do from anywhere. Smart investing tips for freelancers and solo entrepreneurs: Open a solo 401(k): Contribute as both employer and employee to maximize retirement savings. In 2025, solo 401(k) contributions can total up to $70,000 — or more with catch-up contributions, which raise the limit to $77,500 or $81,250 depending on your age. Consider a SEP IRA: Easy to set up, with high annual contribution limits. They allow employer contributions of up to 25% of your income or $75,000 in 2025. Just be sure your combined SEP and solo 401(k) contributions stay within IRS limits. Diversify beyond stocks: Like Morgan, consider real estate or alternative investments if they align with your goals. Morgan's success came from leaning into what he already knew and using discipline and smart planning to scale it into something life-changing. After years of 90-hour workweeks and committed saving, he's now built a life of freedom and a future of financial security. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Time Business News
4 days ago
- Business
- Time Business News
Side Gigs for College Students: Make Money Without Leaving
College life comes with endless deadlines, rising tuition, and that constant craving for financial freedom. Fortunately, with just a laptop and internet access, students can tap into a world of gig jobs for college students that don't require a commute, special gear, or even leaving the dorm room. Whether you're looking to cover groceries, fund weekend getaways, or just ease student loan anxiety, these easy side gigs for college students are worth exploring. The freelance economy is booming, and college students are riding the wave. Thanks to platforms like Upwork, Fiverr, and niche creator marketplaces, young people can sell their skills, earn flexible income, and build real-world experience before graduation. More importantly, these gig jobs for college students teach time management, entrepreneurship, and self-reliance—skills that hold value far beyond a paycheck. Whether you're tech-savvy, a natural communicator, or creatively inclined, there's a digital gig out there tailored to your strengths. Let's dive into the best side gigs for college students that require nothing more than a laptop and a bit of hustle. If you're good at organizing and management, helping fellow students with writing tasks can be both profitable and fulfilling. You don't have to write full essays—just use writing, editing and proofreading services by EssayPro. Act as an academic mediator, helping others place orders and earn a commission per task. To start making money as soon as possible, simply fill out this short form to receive detailed instructions. Wondering is EssayPro legit? According to many EssayPro reviews, it's a trusted platform for those who know how to navigate academic tasks responsibly. This gig works best if you're already doing well in your coursework—it turns your academic strength into a steady stream of income. Don't want to be an influencer but still enjoy making videos? UGC is one of those good side gigs for college students. Brands pay students to create casual videos using their products—no huge following required. You might record a 15-second skincare routine, film yourself using a gadget, or do an unboxing. Websites like Billo, Influenster, or Collabstr help students get connected to brands looking for fresh, authentic content. It's a great entry into the creator economy without becoming a full-time content machine. If you love blogging, gift guides, or curation, this one's for you. The Etsy affiliate program lets you earn money by promoting trending products. Many students start niche blogs—like dorm décor, handmade jewelry, or academic planners—and use Pinterest or Medium to drive traffic. Online side gigs for college students like this would work best with strong writing and a basic understanding of SEO. It can grow into passive income with the right niche and consistency. Are you the go-to person when someone's laptop crashes? Then turn your skills into money by offering remote tech support. You can assist with software bugs, printer issues, or malware removal through chat or Zoom calls. Sites like JustAnswer or even freelance platforms let you build a reputation quickly. It's one of the best side gigs for college students studying IT or engineering, and can turn into a full-time opportunity after graduation. This is one of the newest easy side gigs for college students—and one with big growth potential. AI tools like ChatGPT and Midjourney rely on well-written prompts to generate content or images. If you can figure out how to structure great prompts that produce accurate or aesthetic results, you can sell them or offer prompt-writing services. Websites like PromptBase and Fiverr allow you to monetize your AI-savvy mind while staying ahead of the digital curve. Writing is still one of the most accessible side gigs for college students. If you're good at blog posts, web copy, or product reviews, there are thousands of clients out there looking for your skills. Pick a niche (tech, wellness, personal finance) and pitch to small businesses or content agencies. Start on platforms like WriterAccess, Upwork, or pitch directly to blogs that pay contributors. With practice, you can earn $50 to $200 per article, even as a student. Online communities are exploding, and moderators keep things clean and friendly. As a mod, you'll filter comments, enforce rules, and sometimes answer questions. It's one of the most underrated gig jobs for college students, especially those who spend time online already. Opportunities are found on ModSquad, Reddit Mod applications, or through Discord partner servers. This role can even lead to part-time jobs in community management or customer support down the line. If you've ever explained a tough topic to a friend and seen the light bulb go off, tutoring might be perfect for you. Whether it's math, chemistry, or essay editing, online tutoring is one of the best side gigs for college students with a solid academic background. Websites like Chegg Tutors, Wyzant, or Skooli let you choose your schedule and subject. Bonus: teaching someone else often reinforces your own understanding, so it doubles as studying. With over 5 million podcasts out there, the demand for behind-the-scenes help is huge. If you're organized and have basic audio editing skills, you can offer to clean up audio, remove filler words, and balance sound levels. Alternatively, write episode summaries, create timestamps, or draft social media captions for busy podcasters. You don't need a ton of experience—just be willing to learn tools like Audacity or Descript. A growing number of student freelancers are turning podcast support into real portfolios. This isn't just scrolling Instagram—it's strategy. Social media managers plan content, write captions, research trends, and schedule posts for brands or influencers. If you're already active on social media, you can turn your instincts into a marketable skill. Tools like Later, Canva, and Hootsuite make the job easier. Start by managing pages for local businesses or student groups, and build a portfolio. It's a popular online opportunity for college students aiming for careers in marketing, PR, or media. So, with just a laptop, today's students can unlock real earning potential. From writing and tech support to content creation and tutoring, these online side gigs for college students aren't just ways to make extra money—they're stepping stones toward long-term success. Many even align with your major or career goals, giving you hands-on experience while still in school. The key is to start small, stay consistent, and keep learning. Whether you're testing the waters with a side job or two or diving headfirst into more involved projects, the internet offers endless ways to build income on your own terms. So, don't wait for a job fair or a part-time gig that eats your weekends. Your laptop is more than a lecture tool—it's your launchpad into financial independence. TIME BUSINESS NEWS
Time Business News
5 days ago
- Business
- Time Business News
Top Fiverr Niches That Are Booming Right Now
Fiverr has evolved into one of the largest freelance platforms in the world. With thousands of services being offered every day, staying updated on what niches are trending can make a huge difference in gaining visibility and securing consistent orders. If you're a freelancer or planning to start selling on Fiverr, tapping into booming niches is the smartest way to get ahead of the competition. Below, we'll dive into the top Fiverr niches that are currently booming in 2025 and why they're in such high demand. With the rise of tools like ChatGPT and Jasper AI, businesses are investing more in AI-assisted content. Many Fiverr buyers are looking for freelancers who can generate engaging blog posts, product descriptions, scripts, and even eBooks using AI. However, human editing and optimization still play a major role, which makes this niche extremely lucrative for skilled writers and editors. As more small businesses, content creators, and influencers seek affordable yet professional-looking visuals, Canva has become a go-to design tool. Services like creating Canva templates, Instagram posts, Facebook banners, and pitch decks are exploding on Fiverr. If you have a good eye for design, you don't need advanced tools—just Canva and creativity. Standing out online is no longer a choice; it's a necessity. Freelancers offering social media profile setup and optimization services are witnessing a surge in demand. Buyers are looking for profiles that are not only visually appealing but also SEO-optimized to attract the right audience. LinkedIn, Instagram, and TikTok are particularly hot platforms right now. Even though the crypto market has had its ups and downs, services related to NFTs and cryptocurrency remain highly profitable. Buyers are hiring Fiverr freelancers for crypto market analysis, NFT art creation, whitepaper writing, and blockchain consultations. This niche is perfect for experts with deep technical or financial knowledge. Podcasting is booming globally. As creators focus on content, they outsource editing, show notes writing, intros/outros, and podcast distribution. Fiverr freelancers who can offer podcast editing with fast turnaround and good audio quality are in high demand. E-commerce continues to grow, and so does the need for store setup, product listing, SEO optimization, and store management services. Fiverr is now a hub for sellers looking for Shopify experts, Etsy SEO writers, and Amazon FBA consultants. If you know how to optimize online stores, this niche is worth exploring. Short-form video is dominating digital marketing. Services like TikTok video creation, YouTube Shorts editing, Instagram Reels, and Facebook ad videos are all trending on Fiverr. If you're good with CapCut, Premiere Pro, or even Canva video tools, you can tap into this thriving market. In a competitive job market, candidates need polished resumes and LinkedIn profiles. Fiverr freelancers offering professional resume writing, career coaching, and LinkedIn optimization are seeing consistent orders. This niche is perfect for those with HR, recruitment, or corporate experience. If you're a business or personal brand looking to improve your digital presence, Ali Raza offers highly in-demand Fiverr gigs designed to help you stand out. 'I will create eye-catching Canva templates, social media posts, and presentations.' Whether you're a startup, entrepreneur, or influencer, Ali Raza crafts visually stunning designs tailored to your brand using Canva. His services are perfect for boosting engagement on Instagram, Facebook, LinkedIn, and more. 'I will set up social profile pages with proper optimization and SEO content to stand out.' Your first impression online matters. Ali Raza ensures your social profiles are optimized for search engines and designed to attract your target audience—whether it's LinkedIn, Instagram, or Twitter. Bio: Ali Raza is an MBA in Finance with 14 years of experience in the corporate sector as a finance professional. He also provides services in financial analysis, financial modeling, SEC filings data collection and analysis, crypto analysis, crypto trading, and technical content writing. Explore his Fiverr gigs and elevate your digital strategy with a professional who blends creative skills and corporate expertise seamlessly. TIME BUSINESS NEWS
Globe and Mail
21-07-2025
- Business
- Globe and Mail
Meet Kinshasia Johnson, the Certified Virtual Executive Assistant and Transcriptionist Empowering Entrepreneurs and Executives Around the World
Johnson has transcribed thousands of audio hours over the years and has helped entrepreneurs and C-level executives meet and exceed their goals. Now, she's launched her services to clients everywhere. Kinshasia Johnson has been a freelancer since 2017, and since that time, she has transformed the workflows of entrepreneurs and C-level executives around the world. Johnson is a certified virtual executive assistant, expert transcriptionist, and freelancing mentor who specializes in streamlining administrative operations. She is also a member of the IAPO International Association of Professional Executive Assistants and the Virtual Assistant Networking Association (VANA). Johnson has proudly served clients around the world in a range of industries. She also shares her experiences as a freelancer to empowers others with one-on-one mentorship, group training, courses, and more. Her clients find her through her website, as well as through the world's leading freelance and outsourcing marketplace, Fiverr, where she is a Top Rated Seller with a long list of perfect five-star reviews. Johnson hones in on executive assistance, virtual assistance, and transcription to provide a wealth of solutions that offer clients precisely what they need to be more efficient and highly successful. With her executive-level virtual support solutions, Johnson provides diary alignment, calendar and e-mail management, internal and external communication, weekly check-ins, brainstorming, project management, and more. For clients seeking a qualified and seasoned virtual assistant, Johnson provides world-class services including administrative support, calendar scheduling, data entry, research, support tasks, and more. When it comes to transcription, Johnson's personalized services are the perfect choice for meetings, audio books, lectures, sermons, calls, interviews, and more. 'Providing exceptional administrative and management support isn't just a slogan, it's a reflection of my dedication to driving meaningful, positive change in the businesses I serve,' said Johnson. Moreover, she is championing aspiring freelancers by helping them get a jump start on Fiverr. Johnson offers the Fiverr Essentials Course for Beginners, the Fiverr Plug-N-Play Template Bundle, and The Ultimate Fiverr Guide for Beginners to help new Fiverr Sellers put their best foot forward in their new endeavors. Learn more about all of Kinshasia Johnson's solutions for entrepreneurs and C-level executives, as well as her jump start resources for Fiverr Sellers, by visiting Book one of her top selling services instantly at ABOUT KINSHASIA JOHNSON Kinshasia Johnson is a certified virtual executive assistant, transcriptionist, and freelancing mentor who has several years of experience supporting entrepreneurs and C-level executives alike. She offers her services via her website, as well as on the world's leading freelance and outsourcing marketplace, Follow Kinshasia on LinkedIn at Media Contact Contact Person: Kinshasia Johnson Email: Send Email Phone: 876-499-5477 City: SAINT CATHERINE Country: Jamaica Website:
