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A Software Engineer Leveraging LEGO as an Investment Opportunity
Discover the Side Hustle of Crafting a LEGO Investment Platform
Happy Sunday. This week weâre talking to Chris, a software engineer and LEGO enthusiast. Over recent years, Chris has combined his two passions to create a website catering to LEGO fans and investors.
In this interview he will cover:
Motivations to build a product.
Advice for people wanting to start their own side hustle.
Big aspirations for the future of Brick Ranker.
Now, over to Chris!
Brick Ranker
Please tell us a little bit about yourself and Brick Ranker?
Hello! My name is Chris and I'm a Software Engineer living in Suffolk, UK. Growing up, my house was always full of computers, so it was probably only natural that I embarked on a career in Software Engineering.
I'm currently in full time employment but outside of the day job you can always find me tinkering away on a side project or working on my YouTube channel. I actually feel really fortunate that I get paid for essentially doing my hobby, but my ultimate ambition is to work for myself.
My main side project is Brick Ranker, a website featuring LEGO investing news and price trackers. In the last year Iâve released a new feature, a LEGO investment portfolio. This allows you to track the value of your LEGO collections and build your holdings to help increase your profits.
What motivated you to build this product?
Ever since my childhood I've always been massively into LEGO but as I've gotten older, I'm now also seeing it as an investment. I found there weren't really many resources for LEGO investors, so I wanted to create a site that tracks the value of sets and minifigures.
I also wanted to build a platform that allows me to share my knowledge of LEGO and give something back to the LEGO community.
What has been your biggest milestone with Brick Ranker?
At the start of 2023 I launched a feature where you can catalogue your LEGO collection and track its value over time. This was important for the growth of the site because it now creates a reason for users to keep coming back.
The feature allows you to visualise your LEGO collection similarly to how you would with stocks on the stock market. It showcases each of your sets and minifigures in a visual catalogue. Thereâs also a price graph showing the growth in value over time and a âtheme allocationâ which allows you to see which themes have grown the most over time.
What advice would you give to someone looking to build a product of their own?
I have a few pieces of advice I always give out to people thinking about building their own product.
The first is to simply build something you're passionate about. Like I said I've always loved LEGO and it's a lot easier getting up in the morning to work on something you're genuinely interested in.
Secondly, I'd say always leverage your competitive advantage. Over the years I've built up a Rain Man-type knowledge of LEGO that only a few people can replicate, just give me a set number and 99 times out of 100 I can name it! If you have knowledge of a subject that many others don't have, you've just narrowed down the number of people that can compete with you.
Whatâs your goal with Brick Ranker for the near future?
The goal from the start has always been to build the biggest LEGO fan site in the world. Honestly my to-do list has enough on it to keep me busy for years but the one that stands out is I'd love to create a marketplace for buying new and used LEGO, it's a massive task but if I can get it to take off it will put me in a great position.
Where can people find you?
Firstly, my website, Brick Ranker is where you can go to start tracking your collection.
As mentioned earlier, I also have a YouTube channel.
Finally, if youâd like to connect with me, you can find me on Twitter/X.
𧰠Tools & Resources:
If youâre thinking of starting a side hustle but donât know where to start, consider using my Side Hustle Starter Guide. I've distilled years of experience and research into a concise, easy-to-follow guide, ensuring you have everything you need to hit the ground running.
This guide is designed to give you the confidence, vision, and motivation to start your own successful side gig.
Check it out here!
đď¸ Now itâs your turn to answer a question:
How was this week's interview? |
If youâd like to read last weekâs newsletter, an interview with Keri, a Wedding Coordinator who runs a side hustle as a Virtual Assistant. Check it out here.
You can see all my other interviews here.
Thank you all,
See you next week! đ