What is a Side Hustle – Reasons Why You Should have a Side Hustle
People are often found bragging about their side hustles. But if you don’t currently have a side hustle and aren’t sure where to start – or if you’re not even aware what a side hustle is – you could be feeling a little left out.
Even thou everyone is different, and your path to success may not be the same as everyone else’s. There is a common and easy pattern to starting your own Side Hustle which works for everyone.
We’ve put together this primer on side hustles to help get you started. Continue reading for examples of side hustles, how they work, and the benefits of joining the side hustle trend.
In your Journey to starting your SideHustle , which will serve as a means of generating extra source of income. You’ll acquire new skills, improve financial literacy, and maybe make a lot of money. And if you do it correctly, it will not even interfere with your current job or if you still studying, your education.
Firstly let’s take a look at what a Side-Hustle means.
A Side hustle also called a side job or sidegig, is any type of employment undertaken in addition to one’s full-time job. A side hustle is generally freelance or piecework in nature, providing a supplemental income. Side hustles are often things a person is passionate about, rather day a typical day job worked in order to make ends meet.
A side hustle, or side gig, is a form of employment that you do on the side of your full-time commitments.
A part-time employment is not the same as a side hustle. While a part-time job still allows you to be dictated by someone else (your employer) in terms of hours worked and pay, a side hustle allows you to choose how much you want to work and earn.
A side hustle is all about personal development, entrepreneurial ingenuity, and personal advancement. Consider how you might augment your present job if you had the opportunity. Perhaps you’d want to launch a business-related podcast, write a personal blog, or sell goods on Etsy. Whatever your side hustle is, it’s all about discovering your passion and pursuing it – without making the enormous commitment of quitting your present job or devoting all of your time to something you’re not sure about.
Side hustles can provide an outlet for people who aren’t quite ready to quit their day job or are afraid by the possibility of becoming an entrepreneur. They can be used to explore hobbies, test ideas, and build a solid client base if they ever decide to give notice.
Selling baked goods or home cooked family meals; catering
House cleaning
Providing lawn work or maintenance services
General labor or warehouse work
Dog walking or pet sitting
Providing delivery services
Mystery shopping
Brand ambassador or product demonstrator
Survey taking e.t.c.
Reasons Why You Should have a Side Hustle
There are a lot reasons why you should have a side hustle, this reason can also be seen as the benefit of side hustle;
Serve as an extra source of income
Of course, one of the most appealing parts of a side hustle is the opportunity to earn money in addition to your present wage (or, if you don’t have one, money from something you enjoy). There is potential for profits depending on what your side hustle is, and that additional money is a wonderful way to start building your savings or paying off your loans. Alternatively, you may put the funds into your present business!
It will develop your skills and experience.
Even if you’re sticking to an industry you’re familiar with, running your own side hustle is going to require you to learn a few new skills.
Assume you want to start selling your handcrafted jewelry online. It’s a fantastic way to stretch your creativity while also earning some additional income — but you’ll almost surely pick up new skills without even realizing it. You’d learn how to interact with customers, market your company, determine pricing, and much more. These are extremely valuable talents in the corporate world, and they may be applied to occupations other than your side hustle.
The more exposure you get with these talents, or whatever skills you develop as a byproduct of your own side hustle, the easier it will be to assess whether or not your current employment is precisely what you want to accomplish.
Exploring your passions
Sometimes a passion venture may not generate considerable money, at least not right away.
Passion projects are excellent small business concepts. You get to do something you enjoy without having to worry about losing your principal source of income. The extra money from a side hustle passion project is like a bonus prize!
Not every side hustle has to be a passion endeavor. But, if you’re enthusiastic about something, why not give it a shot?
This may involve doing weekend music concerts, maintaining a tiny YouTube channel, or selling personalized artwork on Etsy.
If you build a large enough following, any of those instances may become a full-time job. Even if it never happens, you can earn some added income from doing something you already enjoy.
Build your portfolio
If you’re new to your business and need additional experience to succeed, doing a side hustle outside of work hours may be quite beneficial. It also applies if you’re seeking to break into a certain field but don’t yet have a strong enough portfolio to demonstrate your abilities and experience.
Potential clients should be able to learn everything they need to know about you from your portfolio before deciding whether or not to engage you. So, while they may want to interview for more particular information, the portfolio should suffice for preliminary evaluation. This might eventually lead to a job shift.
While you see your decisions and activities blossom into professional progress as you work for yourself, your confidence rises.
Even if your improvement is gradual, any progress linked to what you’re actively doing can help you gain confidence in all areas of your life.
You’re less likely to get stagnate in whatever you’re doing as your confidence grows. Higher self-confidence may help you pursue what you want even when circumstances are tough, whether it’s in your profession, personal life, or relationships.
Meet more people
If you’re feeling lonely, a side business that allows you to interact with others may help alleviate some of your loneliness.
Many people may not find this motivational. However, if you spend most of your time at home and don’t have anything that motivates you to get out and chat to others, it may be an excellent cause to try.
Many side hustles allow you to interact with others more than you would otherwise.
Ridesharing, odd jobs, puppy walking, and other small side hustles are a fantastic place to start if you want to engage in more social activities.
