Working a 9-5 to boost your entrepreneurship!
The truth is, most 9 to 5 jobs don’t pay the bills. Especially if you’re just starting out in your career. When you calculate the cost of rent, food, bills, and transportation, you might realize that you barely have anything leftover. What a bummer.
The worst part is that your financial growth is always capped. Maybe you get a bonus of a couple of hundred dollars a year with a 1 percent salary increase on your $30,000. But is that really enough to live the life you dreamed about? Maybe, but probably not.
So, you start a side hustle to make a couple extra hundred or thousand dollars a month. Something that can either help you make more money today, tomorrow or five years from now. Something that will change that $0 bank statement into something greater. To start off, What Is a Side Hustle? A side hustle is a way to make money outside of your 9 to 5 job. It allows you to make more money that’ll give you the freedom to pursue your passions, buy things you need or want, and lower any financial worries. Sounds amazing right?
In order to decide what your side hustle should be, think about a couple things you are passionate about. Select something you have always wanted to do apart from your 9-5 grind. The possibilities for a side hustle are endless however be sure that it can fill the needs of others, and be extremely useful. After you have made this decision, evaluate how much money you are willing to invest. Remember, it is okay to start out small, there are several free resources that you can use to get started: Here.
There are also a number of things to really sit down and iron out before, during, and after activating your own business:
- Prepare for the Long Haul
- Identify Your Skills and Areas of Interest
- Validate Your Side Hustle With One Paying Customer
- Differentiate Yourself From Competitors
- Define Clear Goals
- Set Milestones That'll Force You to Launch
- Delegate Work Outside of Your Expertise
- Ask for Real Customer Feedback
- Avoid Getting Fired From Your Day Job
- Build a Sustainable Flow of Customers Before Quitting Your Day Job
If you follow these 10 tips, you are sure to be well off to a great life of owning your own business/ side hustle. However there is one more key factor that could really help you be successful. Locate a mentor! Someone who has already gone through this process and can tell you what exactly you can do to avoid any tough obstacles. Listening, and having someone sit down and go over logistics always is beneficial. Enclosing, we hope these tips and resources help you start hustling and making the additional income!