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Tips for side hustle

Keep hustling

By Zayn Published 2 years ago 3 min read
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The side hustle is a trend that's been with us for a while. At first, it was just a way to fund your primary business or as a means of extra income at the end of the day. But nowadays, a side hustle is more than that. The best part about our current reality is that we're now being given the chance to create our own businesses. It's actually quite simple if you know what you're doing and have your ducks in line before you start. This article is going to help you get started with tips for side hustle!

Start small , and don't invest right away

Side hustles are a great way to make extra money and take the pressure off your main job. But they can also be tricky because you're trying to do something that's not part of your day job and also make an impression on people who are important to you.

Here are some tips for side hustle success:

Start small. The first thing to keep in mind is that you should start with something small, so that you don't get overwhelmed. If you're just getting started, consider starting with a project that only takes one hour a week or less — maybe even just 30 minutes per week.

Don't invest right away. When you first start a side hustle, it's tempting to put all of your money into it so that it can grow quickly and become self-sustaining (and then maybe even profitable). But this is often not the best way to go about things: You'll end up spending too much time working on the business instead of doing other things with your time like writing articles or blogging for free on Medium).

Find the right side hustle for you.

If you have a side hustle or two, you're in good company. According to a recent report by the Center for American Progress, there are currently more than 1.5 million Americans who are earning an income from their side hustles.

The good news is that this number is expected to grow over the next decade. In fact, the U.S. Department of Labor predicts that by 2026, there will be 3 million Americans who are employed by their side hustles.

While it's important to find the right side hustle for you, so too is it important that you keep track of your earnings and ensure that your business models are sustainable. Here are some tips for making sure your business is on track:

1) Set goals for your business

2) Create a budget and stick to it

3) Track your progress monthly or quarterly

4) Find ways to improve your bottom line

Be clear about your reasons for starting

Side hustle is a great way to earn extra money. It can be as simple as selling your own products online or it could be more complex and provide you with an opportunity to start a business.

The key is to have a clear idea of what your side hustle will be, who will be involved and how much work it will require. The more time you spend thinking about your side hustle, the better prepared you'll be when the time comes to start it up.

The following are some tips for side hustle:

Be clear about your reasons for starting

It's important that you know why you want to start a side hustle. Do you want to make extra money? Do you want to learn new skills? Do you want to build a brand? Or perhaps there's something else motivating you? Take some time to think about why you're starting this business, then write down the answers and keep them somewhere easy for easy access later on.

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Zayn

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