How They Grew $200k to $3M Side Hustles After Being Laid Off

In 2023, over 305,000 U.S. workers lost their jobs due to mass layoffs, impacting the tech industry and beyond. Scott Goodfriend, a Meta employee, chose to start his own business, Ultimate Food Tours, after being laid off. Other entrepreneurs like Alaa El Ghatit and Carlos Ugalde also found success with their side hustles, earning significant revenue after losing their jobs. While building a side hustle into a lucrative business can be challenging, taking a principles-first approach and leveraging a day job for financial security can lead to long-term success.

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