Doing Laundry… As a Side Hustle?

An image to accompany an article about side hustles.
We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.

(This article was originally published in NextIdea, our weekly newsletter on side hustles and pursuing financial independence. Sign up for it using the box below.)

A majority of CEOs (91%) are anticipating a recession, according to a survey of 1,300 respondents recently conducted by KPMG, a global consulting firm. Executives often cut costs in advance of economic headwinds, and the unfortunate truth is that downturns often translate to headcount reduction.

That’s why it never hurts to be in the loop on fresh, new ways to make money on the side. You can rent your spare room on Airbnb. You can lease your car with apps like Turo and HyreCar. And now, you can wash and fold strangers’ dirty laundry for extra cash, too.

That’s the premise of Hampr, a Texas-based startup that brands itself as the “Uber of Laundry.” Between work and kids, co-founder Laurel Hess didn’t have enough spare time to keep up with laundry, so she outsourced it to a friend looking for side work. The brand now has 10,000 users and over 500 “washrs,” the company’s contract workers. Writer Kimanzi Constable got the scoop here:

The Next Hot Side Hustle? Dirty Clothes. Meet ‘The Uber of Laundry’

A side hustle helps close your income gap and can act as a safety net in recessionary times, and for many, it remains that — no more, no less. But what happens when your side hustle builds so much momentum that it has the potential to overtake your day job?

That’s what featured contributor Daniella Flores encountered earlier this year. The founder of I Like to Dabble felt ready to make the leap after successfully building their side hustle into a second salary. But their parents weren’t into it, creating friction in the family. “Why leave a perfectly good job?” they continued to ask Flores.

It’s a common question for anyone in the employee-to-entrepreneur pipeline: when is the right time to go all in on a side hustle? Here’s what Flores had to say about it:

My Parents Didn’t Want Me to Take My Side Hustle Full-Time. Why I Did It Anyway

It’s brutal out there these days. Stay on your toes in the months to come, and you’ll be better positioned to make your next money move.