It’s not just a buzzing phrase doing the rounds at the moment: side hustles are IN.
A side hustle is the job you have on the side of your full-time role. For most people, a side hustle incorporates what they like doing best, and they’ve figured out a way that they can make money from it. You’d be totally forgiven for not having a clue whether you have anything that you can make a side hustle out of, but that’s where you explore what you’re good at and what you love to do. Any business that runs alongside the job you do is your side hustle, and you can make it work.
For some people, side hustles are a necessity to continue earning what they need to make their rent or pay their other bills. It can be their passion to run their own store online, for which they will enhance their ability to do so with some help from an ecommerce conference speaker. In the beginning, a side hustle may be the job that comes second, the one you spend hours on every evening and get very little sleep for! There is no easy answer to what makes a side hustle a success for some people. It could be the luck of the draw, but it could also be the time that you put into it. The more time you put into something, the bigger it will be. You can put in the right amount of time for you and your future. It’s your side hustle: it can be as big as you want it to be.
However, if you want to go ahead and get your side hustle working for you as much as you are working it, you need to know a few things. You need to be able to maximize your chance for success, and you need to do it with the tips we have for you below:
Test Out Your Side Hustle
Before you start diving deep into the world of your side hustle, you need to think about testing your idea out to others. Your friends and family can be your sounding board, and they can give you an honest opinion of whether your side hustle is a good idea. They can also help you to hone it to perfection so that you get your idea off the ground.
Never Quit The Day Job…
This one has the ellipsis because you should only quit the day job when you have a good handle on your side hustle. You are starting your side hustle because you know that you can do something for yourself. However, when you choose to start it up, you cannot slack on the job, providing you with a steady income. What happens if your side hustle doesn’t take off the way you wanted it to take off? What do you do if your side hustle idea is good enough for a little pocket change but not a substantial life-changing amount? You have to be able to pay your way. Don’t quit your day job – yet.
Self-Care Is Key
You are working two jobs. This is not easy, and there is already very little work/life balance for a lot of people. You have to consider your family and what feels right to you. You cannot look at your life and decide that you want two jobs but not look after yourself along the way. You can honestly become extremely overworked when you aren’t setting the right parameters around your work. You need boundaries and limits, and you need to respect those limits. Burn out is quite possibly the least fun thing that could happen when you open an online ecommerce store, but it does happen if you’re not looking after yourself.
Take Care Of Your Finances
You take care of your soul, so you take care of your money. You’re working two jobs, and you do not want to be stung by taxes. You also want to make sure that you’re using your money wisely. If you’re spending your money to up your business game, spend it on attending the right seminars to learn how to do better. Then spend it on equipment that you need! Speaking of which…
Get What You Need
You may require an upgraded laptop and other equipment at home. This means you need to put some money into the tools that you need for the job. You have to find as many solutions as possible to make your side hustle work for you. You can’t be left without what you need for the job, and as long as you understand this, you’ll do fine!
Do What You Love
If you’re going to choose a side hustle for your spare time, you have to love doing it. You have to be able to sit there for hours in the evening and make it into something that you feel passionate about. You don’t want to feel like you hate what you’re spending your spare time doing, so think wisely about your decision.
Give Yourself Goals
To be able to stay focused on your side hustle being a success, you need to have goals in place. Please make a list of milestones that you want to hit, and make sure that you hit them in the time frame that you gave yourself. Don’t be afraid to surpass those goals, either, and every time o you beat one, make another goal to hit.
Try, Try, Try Again
No matter what happens with your side hustle, keep trying over and over. You want to get this right so that one day, you can make this your only hustle. You’re limited to how much time you can spend on it, and if it fails, learn and keep going. If at first, you don’t succeed, try, try again!
Your side hustle is going to change your life if you let it: keep working hard, and it will be a dream come true.