Self-made millionaire who makes $14,000 a month in passive income: My best advice for starting a successful side hustle

Published: Wednesday, June 18, 2025 at 1:00 pm

Self-Made Millionaire Shares Key to Side Hustle Success

A self-made millionaire, who generates $14,000 a month in passive income, has shared her advice for starting a successful side hustle. The entrepreneur emphasizes the importance of a growth mindset as the cornerstone of achievement.

According to the millionaire, individuals with a growth mindset believe their abilities can be cultivated through dedication and effort. This belief encourages them to embrace new challenges and learn from their experiences. Conversely, those with a fixed mindset, who do not believe in their capacity for growth, often avoid trying new things, leading to stagnation.

The millionaire stresses that building multiple income streams and achieving financial success is not about perfection. Instead, it's about maintaining focus, learning from mistakes, and persevering. She encourages celebrating small victories and emphasizes that progress is more important than achieving flawless results.

The entrepreneur, who is also a professor and mother of two, runs an Etsy store and a blog called Money Hacking Mama. Through her platforms, she offers financial guidance and practical advice to women seeking to advance their careers, businesses, and personal finances.

In related news, Smarter by CNBC Make It is offering an online course titled "How to Buy Your First Home." The course aims to guide individuals through the home-buying process, covering topics such as the cost of renting versus buying, financial preparation, and mortgage basics. An introductory discount of 30% off the $97 course fee (plus taxes and fees) is available through July 15, 2025, using the coupon code EARLYBIRD.

BNN's Perspective: The advice offered highlights a crucial element of success: a willingness to learn and adapt. While the path to financial independence is rarely easy, the emphasis on a growth mindset provides a valuable framework for anyone looking to pursue side hustles or entrepreneurial ventures. The course on home buying offers a practical resource for those seeking to navigate the complexities of real estate.

Keywords: self-made millionaire, passive income, side hustle, growth mindset, financial advice, entrepreneur, Etsy store, blog, Money Hacking Mama, home buying, online course, financial preparation, mortgage, CNBC, EARLYBIRD

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