These days, many individuals find an extra job to gain extra income. They may do the job as a hobby or earn more money. They concentrate on their primary job during recommended times and engage in the side hustle during their free time. Many companies became successful after their owners started them because of necessity.
Below, find examples of world companies that started as side hustles and transformed into the biggest globally.
Under Armour
Kevin Plank, the founder of Under Armour, played football while at the university in the 1990s. He was never comfortable with the attires that they wore while playing the game since they were heavy and made them sweat a lot. Therefore, in 1996, Kevin made an undershirt that he wore during game days. It helped him to remain dry even after tough sessions of workouts and exercise.
Since he liked the outcome, Plank came up with the idea of creating more of those for sale to other athletes. As a side hustle, he moved all over the coast and sold the shirts from his car. Within no time, he got many customers who bought one of a few pieces each. He started making more undershirts and sold them to teams.
After doing business for two years using the car, Kevin Plank opened Under Armour’s warehouse. Today, the company is famous globally, making around four billion dollars in revenue per annum.
Houzz
Houzz is a home improvement company that provides homeowners with different interior and exterior designs for their houses. It also has professionals who can deliver the homes’ services, a portal for placing orders, and a user forum. The website has a huge following even though it flourished from humble beginnings.
In 2009, Adi Tatarko and Alon Cohen, Houzz’s founders, faced challenges while planning for their home improvement. Therefore, the couple created a website that would help them get the right contractors for the job. They achieved great success from the idea. In 2020, they used their side hustle idea to create a company and made an iPad application for the services.
Within a few years, Houzz gained success internationally. Five years after the firm’s inception, it gained more than 40 million new users each month from different parts of the globe. In 2017, the company was worth four billion dollars.
Wrapping Up
The above businesses are an encouragement to anyone who thinks of starting a side job for extra income. When their owners established them, they didn’t know that they would turn out to be the great companies they are today. However, their determination helped them run the side hustles, which later became successful companies globally.