Saturday 9 December 2017

Oh nothing! Just Hustling in Pursuit of Happiness

Why side hustle?

What’s a Side Hustle?

Everyone hustles (well, almost everyone!), but side hustle? This is new, and not so new. A side hustle may be something you are passionate about or a way to start your future business until it grows. It is a secondary revenue generator for your day job. And, everyone must have a side hustle. 

On weekends, Shawn teaches fitness and build websites. Francis sells vintage video games, he also designs t-shirts. I work as a part-time freelance writer for the internet. Even senior executives in a corporate, side hustle. Today, many of them consider one side income stream while staying in their corporate jobs.

How does a side hustle help?

Irrespective of how much you make a side hustle helps:
  • Reduce stress
  • Gives a sense of freedom
  • Make you happier (well in comparison to your job, I mean).
  • Generate revenue - Anything can be a side hustle if you plan well; they may be low maintenance but high revenue generators.
  • Hedge against uncertainties - Today, few jobs are available for an ever-growing population. Globally, the job competition is getting difficult and positions are harder to find. Side hustle works as a perfect backup plan.
  • Learn a new skill - Most entrepreneurial side hustles are an effective way to learn new skills.
  • Start and build a new network outside your existing network.
  • Brings exposure to a newer range of ideas makes you resilient and valuable to others over a period.
It helps build a strong personal brand. People with a side hustle come are across as innovative and ambitious, a leadership quality.

What can you do for a side hustle?

You can do anything for a side hustle.
  • Start and run a website, a blog site, social community, eBook etc.
  • If you have a skill, make use of it and build something of your own.
  • Consulting
  • Coaching
  • Creating a product or service
  • Speaking
Start slow and small. Work on it little by little and it will grow into something significant. For that, you must actually do it. Many side hustles can never be full-time jobs or entrepreneurial ventures.

Oh yes! Do not quit your day job. You cannot lose the goose laying the golden egg, it is your main source of income. Not every side hustle may work out as a full-time entrepreneurial venture. While some experiments may take off.
For instance, Pat Flynn, a successful blogger, and podcaster wrote about his optimistic future after being laid off. He had something to fall back on; his first e-book was a hit and brought in $7900/- that month. 
Companies often restrict their employees to work outside their full-time job. This was the reason I never thought of a side hustle. Many workplaces have comparable stipulations. You must ensure you are not breaking any contracts or rules with your current employer.

Why you must side hustle?

Here are my reasons. When I lost my job in 2007, I had no options to fall back upon (come to think of it, nor did my dad when he lost too.) At work, the young and smart had diverse skill sets and a likely side hustle. I realize it’s good to have options, though you love your job. One colleague had a Great Dane with plans to set up dog breeding as a side hustle which could earn him at least $1000.
A side hustle inculcates some new skills and enhances your outlook. It will earn you financial independence through small business. If you don’t have a side hustle, take some time to yourself. One weekend, just do something you love. You can maintain it if you feel passionate week after week. Moreover, you don’t have to work on it every day or every week, just spend two hours on a Sunday. But just do it because it may teach you something about yourself and makes your life purposeful.

Recommendations:
Disclaimer: This post may contain affiliate links. If you click on one and complete a purchase, I will earn a commission. (Thank you for that!). However, this monetary relationship does not in anyway sway my recommendations, it’s something you should be aware of on this site and others online. As always, you should do your own due diligence before making any purchase decision.

If you really want to know more, I recommend you read this book on how a side hustle can change your lifeHere is another good read to find the quest that will bring purpose to your lifeGet it for yourself or as a gift for someone special and it helps me earn a small commission to run the blog.
So get going and start a side hustle in pursuit of happiness! If I can do it, so can you. Watch out for my next post on side hustle ideas. Good luck till then and tell me if you got a side hustle.

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