Did you know? More than 44 million Americans have a side hustle. And when you calculate the number of millennials who take hustling seriously, the numbers are humongous.
A side hustle is nothing but the additional employment undertaken by an individual along with their full-time position to either bring home additional financial supplement or to fulfill one’s passion or both. But before you being your journey on the path of side-hustling, it’s always wise to remember that the results are never immediate. You need to hang in there to make the most of it. Here are a few handy tips to help you do just that.
Look Into The Employee Handbook
Before you start, it is always best to check if there is any clause in your appointment letter or employment contract that forbids you from side-hustling. So, it’s always better to be careful and if there is a clause as such, you can always talk to your HR for further clarification.
Decide What You Want
Today, there are a plethora of ideas available to you. All you need to do is decide the best one based on your talent, preference, and knowledge. If your current field is not your area of passion, you can always do something else when it comes to side-hustling. To make it easier, there are a variety of online courses available. So, make the most of it. Some of the very famous ideas include;
- Become a seller on eBay
- Rent your spare room on Airbnb
- Manage social media for startups or small businesses
- Sell your services on Fiver
- Become a tutor over Skype
- Become a blogger
- Create your own online course
- Write an ebook
- Begin your podcast
- Become an influencer
- Dog Walking
- Have a garage sale
- Become a freelancer on Upwork
- Teach a language
- Start pet grooming services
- Start a tiffin service
- Give music lessons
- Do interior designing
Build A Strong Network
Networking is very important when it comes to establishing a successful business. There are people who spend a decade in a particular industry before starting their own venture because a strong network can make it or break it. So, begin by building your community slowly. You can do it in real life or make use of social media to help you with it. LinkedIn is also a great platform to strengthen your network and learn from experienced individuals.
Build Your Social Media Profile
If you are already active on social media and you know how to work it then you can easily create a page dedicated to your side-hustling before you begin. Do it on as many platforms as you can, such as Instagram, Facebook, Snapchat, etc. Regularly update it and ask your friends and family to promote your page, that’s the best way to advertise without spending a penny.
Choose Your Rates Wisely
For instance, if you are a freelance writer, set your rates wisely. You don’t want to quote too less nor do you want it to be too high that you lose clients. Therefore, first, you must look at your work and understand your value. Then, do your research. There are websites, such as Glassdoor or Payscale that let you in on the current market value for a particular position.
Setbacks Are A Part And Parcel
Always remember; even when you achieve success, there are chances that you experience setbacks too. However, you must not let it deter you. Keep going and always keep strategizing. You must ensure you stand out of the crowd. Your work must not only be unique, but it should also entice your audience.
Don’t Quit Until You Are Sure
One of the reasons why businesses fail is because people are too hasty. Maybe your side-hustling is going too well, but don’t quit just yet. Always think it through. And, while you are enjoying hustling, make sure you perform extraordinarily at your job too. This way, you won’t neglect anything important and you will achieve success in both your fields.
Spending money before making it is not the best idea. It not only puts pressure on you to earn it back that the whole process becomes less enjoyable, but it also leaves you with extra monthly payments when you haven’t yet figured out the market. So, use your savings or start something that doesn’t require much investment. For instance, if your plan was to start your own bakery but you cannot afford the expenses currently, you can always start your venture from home. You can make use of delivery services, set a menu and timings, and start baking from home till you are capable of investing to open a bakery.
Follow A Strict Schedule
It is easy to get lazy when you side-hustle. Maybe, you don’t feel like posting anything on social media today and think to yourself that maybe a day won’t do any harm. But, that’s not the case. Set a separate time table for this venture and follow it to the T. That’s the only way to achieve success. There are no shortcuts when it comes to side-hustling.
Have Big Dreams But Be Realistic
No sin in dreaming big. In fact, that’s actually a necessity without which you will lack inspiration. However, be realistic and focus on small achievements and wins. Only slowly and steadily can you win the race.
Finally, Have Faith
Have faith in yourself. Believe it that you can do it. Even if you take advice from several people, make sure it’s only you who makes the final call. After all, it’s your venture and too many cooks spoil the broth. Also, don’t neglect yourself amidst hustling. Always keep aside some time for yourself. And remember, sometimes plans don’t work out the way you wanted them to. But that’s alright. You can always tweak your plans according to the situation to make the most of it.
Hope this helps.