It’s the age of side hustle. People have begun to fully embrace the idea of beginning a side hustle alongside their high paying jobs. If you’re thinking of joining in the trend, great! Many entrepreneurs have found success by growing their side hustles — defined as a gig on the side that has turned into something more.
Taking up side gigs alongside what you currently do will not only extra avenues for income, in the long run, you might just end up having a thriving business.
But at the same time, taking up a side gig means extra work, it requires disciple and passion. While it has potential to grow, it also has a potential for failure if it’s not done right and balanced well with whatever you’re doing full-time.
So, before making that move of taking up a side gig, here are 3 tips to make it successful:
1. Leverage your existing skills
Don’t begin just any side business or take up any side gig just for the money because in the long run, you might not be be to build something out of it. Chances are that you are already really good at something. Maybe it’s party planning, or connecting with people online, or designing websites. It might even be something you do in your day job.
Take some time to reflect on your greatest skills, interests, and passions, because that will lead you to the best entrepreneurial pursuit for you.
2. Put in time
Prepare yourself for what’s ahead. Since you’ll have your regular job, and will also be working on growing your startup in your spare time, you would have to put in a lot of hours when starting out. Most of them, actually. You’re going to have to make some sacrifices.
This means skipping those after-work hangouts with co-workers and giving up outings with friends pretty much every weekend. It does get easier, but in the beginning your project will take up a lot of your time. One thing you must note is, if you’re not excited about the thought of spending all of your spare time on your side project, then this venture probably isn’t right for you in the first place.
3. Don’t hide yourself
For your side gig to grow faster, you must get spread words about it. Chances are you already know people who can help you with your budding business, even if you don’t realize it yet. Share your new project on LinkedIn, Twitter, Facebook, and any other online community you are part of. Your contacts will probably offer recommendations, introductions, and support.
If you have have someone you’ve worked for on LinkedIn, ask for recommendation. With positive recommendation on your LinkedIn profile, new clients will definitely contact you, and you’ll be generating steady extra income on the side.
Do you have a side hustle? How do you make it work?