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Side hustle to make money: how to choose the right one for you

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A side hustle to make money is all the rage today, doing anything from doing some freelance work to creating your own start-up business. But what is the right side hustle for you? It all depends on what your intentions for the side hustle are and what your priorities are. Making sure that you choose a side hustle that fits your personality, your goals, and your time availability is vital to a successful and prosperous side hustle.

Starting a side hustle to make money

Starting a side hustle to make money from scratch might not be the easiest thing in the world. In fact, we guarantee it won’t be a cakewalk. But if you’re on for a full long haul, the reward in the end will be worth it. Here’s a beginner’s guide to creating a side hustle to make money from scratch.

Dedicate specific blocks of time each day to this

Once you’ve finalized the type of side hustle to make money you’re about to start, the next step is to actually plan when to work on it. You need to create a schedule and stick to it. Whatever your side hustle is, we strongly recommend that you stick to a schedule where you take the time to work on it. This will help you get into a routine and it will be easier to work on it, even if you are working a 9am to 5pm job.

Give it at least 6 months to a year

At the very least, we recommend giving your side hustle to make money a chance for at least 6 months to a year. It takes time to succeed at something, and if you’re thinking your hustle is going to take off after a week, you’re probably going to be disappointed.

IIt’s impossible to start something and have instant success with it, however, it’s less likely. With that said, it doesn’t mean that months or even a year from now you won’t have a booming business. A side hustle to make money is called a “hustle” for a reason. You have to work hard and work a great deal if you want to succeed with your new venture.

Some people choose not to do side hustles to make money, or decide to get a moonlighting job instead, which is 100% okay. They would prefer to relax by playing some online Online Casino while watching their favorite Netflix show. That just means more opportunities for everyone else who wants to make some extra dough or start building the company they have dreamed about creating for years. But let’s make sure you choose the right side hustle venture for you.

How to choose the right side hustle to make money

What Do You Like?

Take some time to self-reflect and figure out what your hobbies are or what you might be talented at doing. Perhaps you have a set of skills that seem useless in other ventures but could be honed in and used on a side hustle. At this stage of the process, don’t rule anything out. Explore all the different options that might have possibilities.

Research and Explore

After you have self-reflected and now have a list of hobbies, talents, and skills, it’s time to start narrowing down the list. Start doing some research on each thing on your list and the possibilities that they could hold. Explore possible business opportunities and how far they could be taken as a business venture. As you research and explore, begin to whittle down your initial list of possible side hustles and start to hone in on the ones that seem the most promising.

How Much Time Can You Spend On It?

Now that your list is a bit smaller and you are zeroing in on the possibilities, figure out what the time strategy is going to be for your side hustle. If you work a typical nine to five type of job, then whatever you are considering doing probably needs to take place around the times that you work.

Or perhaps you are a stay-at-home mom who needs to focus their side hustle during the day while the kids are at school. Whatever the situation might be, ask yourself whether your side hustle can be done within the time constraints of your life. If they conflict, chances are, your side hustle will not pan out.

Also, be sure that whatever you decide to take on, you will need to be ultra-focused on and dedicated to. If there is not a sense of intrinsic desire to be all-in on the side hustle of your choice, the experience and venture will be squandered. Make sure it is something that you are deeply passionate about and will not get burned out on easily.

Success steps for a side hustle to make money

Bu now, you should have a pretty good idea of the side hustle you will be taking on. Now the real work begins.

10 Person Rule

Depending on the venture you have decided to take up, apply the 10 person rule to check for viability and to create a support system. Solo ventures are oftentimes hard to get going and having some help and support can go a long way. You are not necessarily looking for investors, but rather friends and family who might be supportive and willing to spread the word about your venture. This will help with the early scaling of your side hustle.

Create Content

With your side hustle chosen, start building and creating content that promotes it. Even if you are going along the lines of selling products or services and aren’t quite ready to roll them out yet, start producing content. Create a website. Write blog articles. Make videos. Whatever it might be, start getting your company in the eyes of possible consumers and clients. Once you are ready to start rolling out your products or services, hopefully, you will have created enough buzz to hit the ground running.

Build Your Brand And Scale

Once you get the ball rolling and things are starting to take shape, continue to grow your brand, explore new options, and begin to scale your business to your heart’s delight. Some may want to stay small, others may find that it is growing into a business that could replace their current full-time job. 

Summary

Creating a side hustle from scratch isn’t easy, but with a lot of hard work and time (and a little luck) you can have great success with it. Side runs are great ways to generate passive income, with the potential to turn your side hustle to make money into a full-time job.

If you’re looking for ways to make extra money, starting a side hustle to make money is a great first step. Find something you are passionate about, set aside time each day to work on it, and wait 6 months to a year before closing. Anyone can create a side hustle, but those who succeed with a side hustle to make money are those who never give up on themselves. Whatever it might be, have passion for it!

 

About Business Woman Media

Our women don’t want to settle for anything but the best. They understand that success is a journey involving personal growth, savvy optimism and the tenacity to be the best. We believe in pragmatism, having fun, hard-work and sharing inspiration. LinkedIn

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