Your guide to starting a successful Side Hustle – EP1 OUT NOW! #TheSideHustle

In this series we will be driving into locals who had accepted their side hustle mission, started it, committed to seeing it through and have thrived through it. As entertaining as they are they have a greater purpose. Anyone can increase their income by using their skills that they already have.

Whether you have been through side hustles or are new to the concept. This will guide you to get to started or get back into the game. Side hustle skills are not taught in school. The only way is to learn and master side hustle skills is by doing.

A side hustle is a money-making project that you start on the side, usually while still working a day job. In other words, it’s a way of creating an addictive stream of income without taking the risks of going full throttle into the world’s of working of yourself. Side hustles are typically born out of purpose & passion. It’s like a hobby, with one big difference. Most hobbies cost money and a side hustle makes money.

For most people the thought of quitting your job and working for yourself is exhilarating and terrifying. After all, no matter how much responsibilities you have a job that provides a steady income is difficult to give up.

With a side hustle, you could get a profitable idea with a minimal investment of time, money, and effort. And you can make it happen alongside your steady job. Here’s a guide that will take you from guide to implementation. Whether you are busy or important. This road map will help you brainstorm, select & launch.

 

The sole purpose of this is to help you…

  1. A side hustle isn’t just about making an additional stream of income. It is the new job security.
  2. It affords you the ability to decide.
  3. When you receive income or a pay cheque from different sources, you’re no longer dependent on a single employer.
  4. More income means more options, more options mean more freedom. Allowing you to do more of what you want.

We personally believe that everyone should have a side hustle even if you love your job.

To be successful you need to understand how to;      

  1. Generate profitable ideas
  2. Choose one that is best at a particular time.
  3. Lastly, side hustles are about taking action. You need to launch your idea usually before you feel completely ready.
  4. Then regroup and refine right after seeing the initial results.

The initial goal is to start a side hustle with your own skills and effort. What you will need is a willingness to learn & experiment. You will need to open your mind to a different way of thinking and willingness to act. Once you acquire the skill of generating ideas you will have no problem coming up with ideas whenever you need them. Then when you master the skill of making things happen you will be able to convert those ideas into income producing assets.

A side hustle starts with an idea and it empowers personal growth.

  • A side hustles isn’t just about money in the bank, it can change your life.
  • When you build something for yourself, even as you continue to work your 9-5,
  • You become empowered,
  • You gain confidence,
  • Security
  • You’re opening up future opportunities for yourself.

3 common side hustle goals

  1. Make extra cash for a specific purpose.

E.g., pay a loan, buy big ticket item, go on holiday.

  1. Create a sustainable on-going stream of income that will make a difference in
    • your quality of life.
  2. Replace or exceed the income of your 9-5.

If you started a side hustle before the goal you had a few years may have changed, just like your overall situations in life changes over time. Side hustles are flexible and can fulfil different rolls at different times. As you select your goal it will help to see how a few other hustlers made their decisions based on their goals they have set and based on their life’s changes.

3 Qualities that would make a great idea and to find ideas with the most potential.

  1. Feasible
  2. Profitable
  3. Persuasive

Your goal is to start a project in a short period of time that earns money outside your day job. If any of these qualities aren’t evident in your ideas that your considering, then your idea isn’t feasible.

When you think about your idea, do you feel;

  • Excited?
  • Can you envision your next steps?

If you cannot see every step of the way, you must be able to see a path way from idea to launch.

Is your idea feasible?

A feasible idea is one that you can turn into reality using the skill, time & resources that you already have.

If you say yes to any of the below, you will need to rethink the idea.

  • If you don’t see a clear way to get paid.
  • Cannot envision your next steps.
  • If you cannot start your idea in a short period of time.
  • If you have a hard time explaining the primary benefit of your concept in more than a sentence or two.

Is your Idea Persuasive?

As you select and brainstorm your ideas, your idea has to arrive at the right time and be so persuasive that it’s hard to say no to. Sometimes you can have ideas that isn’t ready yet and that’s okay, you can park that idea for a while. It’s better to focus on ideas that are persuasive now. To be successful you want to have the right idea at the right time.

Is your idea Profitable?

Your goal as a Hustler is to unlock that potential and start converting those ideas into profit. Discover and pursue high potential ideas. Not every side hustle is worth pursuing. And the ability to separate the high potential ideas from the ones that are undesirable are merely interesting. It’s a key skill to start a profitable side hustle quickly.

Remember, you don’t want ideas that just interesting. Think about how feasible it is to get going and how profitable it might become. Consider whether it is persuasive now.

Your guide to starting a successful Side Hustle – EP1 OUT NOW! #TheSideHustle

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