Anesthetist earns over 100,000 euros with a creative part-time job!

Anesthetist earns over 100,000 euros with a creative part-time job!

Mike O'Dell, a 50-year-old anesthesiologist from Oklahoma City, has developed a remarkable business model with his company Legit Kits. He only works one day a week and earns over 100,000 euros a month. The idea for his company came about in 2020 when he created home-sewn Star Wars blankets for his sons, which inspired him to delve into the world of quilting goods. Linked to Focus, O'Dell reports that Legit Kits serves hobby quilters and helps them create high-quality fabric pieces.

In 2024, O'Dell's company grossed an impressive $1.25 million through online sales and $150,000 through a partnership with Joann Fabrics. While he earns about $240,000 annually in his anesthesiologist position, he has structured his company to function largely without his constant supervision. O’Dell currently employs seven full-time employees and several freelance designers, including two graphic designers who are responsible for pattern development.

Flexibility and planning

O’Dell enjoys the flexibility his part-time job offers him. On his day off, when he is mainly busy running Legit Kits, he takes time to have a coffee on his terrace or take his children to school. Loud Beijing Times This year, O'Dell planned to pay himself a salary of $50,000 from his business profits.

His company is a niche player in the $5 billion quilting industry. To further expand its brand, O'Dell aims to reach casual hobbyists through social media and offers low-priced "mini" kits priced at $99.

Economic challenges

But despite the success, there are challenges. O'Dell is aware of the economic uncertainties, particularly potential tariffs on fabrics from Southeast Asia, which could reach up to 46%. Currently these tariffs are suspended, instead a temporary rate of 10% applies until July 9th. His main job as an anesthesiologist provides him with the tailwind for his entrepreneurial endeavors, which acts as a safety net and enables him to better manage economic fluctuations. However, he has considered making Legit Kits his full-time career if the company generates eight-figure revenue annually.

O’Dell’s success shows how creative business ideas and strategic planning combined with a solid day job can lead to financial stability. The story of Mike O'Dell is also representative of the opportunities that independence and flexibility offer, such as pensioner Susanne D., who earns an annual gross income of 128,000 euros from her part-time job. These developments suggest that additional retirement savings and financial stability strategies in retirement are an important consideration for many, especially during times of economic uncertainty.