Pre-tax profit
$2,270
9 hours/week across 2 streams.
Business assumptions
$2,270
Total monthly side income
$27,240
Annualised projection
37.8%
Side income as % of salary
Digital products
Best hourly ROI
Side hustle decision scenarios
After tax reserve
$1,703
25% held back for tax.
Churn stress
$1,566
8% revenue decay after tax reserve.
Capacity limit
10.2 hrs/wk
15% buffer against burnout or delivery overruns.
Risk flags
No major red flags under the current assumptions.
Action plan
- 1. Prioritize Digital products; it has the strongest effective hourly rate at $61/hr.
- 2. Reserve $568/month for tax before treating profit as spendable.
- 3. Capacity model is inside the current weekly limit.
Effective hourly rate by stream
Income streams breakdown
Consulting: $57/hr, 92.5% margin, profit.
Digital products: $61/hr, 92.9% margin, profit.
Monthly income log
Dec
Jan
Feb
Mar
Apr
May
Net income by month
Projection based on current average
$29,100
Projected annual revenue
$3,570
Projected annual costs
$25,530
Projected annual profit
$52
Projected effective hourly rate
Beyond 12m
Salary replacement
Tax estimator and milestones
25.0%
Tax set-aside
$1,596
Quarterly tax reserve
Apr / Jun / Sep / Jan
Payment windows
$1,000 month100.0%
$2,500 month90.8%
$5,000 month45.4%
$6,000 month37.8%
Pricing calculator
$96
Required hourly rate
40
Clients/projects needed