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How to Start a Side Hustle While Keeping Your Day Job

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How to Start a Side Hustle While Keeping Your Day Job
The best way to eventually become your own boss is to start a side hustle and build your self-employed income, while you still have the safety and security of your day job. What's more is that starting a side hustle not only pads your income, but it also creates career-changing opportunities you wouldn't have normally stumbled upon at your full-time job.

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Mentally Prepare

Think if you are willing to sacrifice your free time to struggle to establish a side hustle and if you can handle the consequences of it. 

If you are willing, develop a system of ...

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Your Skills And Areas Of Interest

Acquire relevant skills, experience or industry knowledge necessary and ensure you have the passion and competence for what you are going to work on.

A good start is to monetize the sk...

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Validate Your Side Hustle

Your side hustle idea may seem awesome and disruptive to you, but your potential customers will likely ignore it like most “brilliant ideas” or even not have a need for it. So, ensure you're not cr...

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Differentiate Yourself From Competitors

Differentiate Yourself From Competitors

Secure your value propositions with a serious competitive advantage. 

That can be anything that differentiates your business from the competition. This can rang...

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Define Clear Goals

At the beginning bring in one customer at a time to avoid becoming overwhelmed by the demands of larger numbers.

Having practical goals that are attainable on a daily, weekly and month...

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Set Milestones

A good, viable side hustle idea should be launched, monetized and iterated. Don't waste time obsessing over trying to build the perfect solution when you don't yet know what exactly your custome...

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Delegate Work Outside

Starting a side hustle you're going to have weaknesses and some of the skills necessary to efficiently running your side hustle must be outsourced so you can free up your time to do only wha...

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Ask For Real Customer Feedback

Without feedback from your first customers, you risk failure as your project may not satisfy your customer’s needs.

Without objective, external feedback, you risk executing...

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Keep Your Day Job

Don’t work on your side hustle during company time or with company resources. Not only is it unethical, but it may violate your employment agreements.

Honor every contract term and perform...

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Before Quitting Your Day Job

Keep your day job until your side hustle is providing you with a sustainable, growing cash flow that exceeds 75% of your day job income, so you can increase your chances of success.

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SIMILAR ARTICLES & IDEAS:

See Your Side Hustle as "Me Time"

When choosing your side hustle, pick something you want to do, be or achieve, and actively work toward it. Not only will you enjoy the sense of accomplishment that comes with progress...

Always Default To Action

Spend some time planning. Then spend a lot more time doing. If you're unsure, do something -- and then react appropriately.

It's easy to think and plan and evaluate yourself out of ever starting a side hustle. See starting a side business as the grand experiment it is. Never forget that the fun is in the doing -- not the thinking.

Only do What Generates Revenue

You may need to spend some time on admin and infrastructure. But you don't need fancy spreadsheets, comprehensive reports, a catchy brand or a mission statement.

Successful side-hustlers focus on selling and working. Anything else is time taken away from generating revenue.

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Choosing The Best Idea

Keep your day job, and start a side hustle while you’re there. To do it, you need to create an asset that earns money for you. 

Spend your first week being observant, focusing ...

Develop And Launch

You’ve settled on your idea and transformed it into an offer. To convince your ideal customers to consume it, know your promises, pitch and prices, and have a short explanation of why your offer matters.

Aim to understand each action, deliverable, resource, and tool you need to launch and then follow through with it. Creating a schedule and sticking to it will help here.

Regroup And Refine

Decide whether to keep investing time in this project or head back to week two and try a different one instead. Knowing when to quit and when to keep going is key to making any side hustle successful.

Even if you decide to abandon the project and choose something else, the experience you’ve gained will help you be more successful with the next one.

Cover The Basics Before Launching

Think about things like: securing social media handles, having a distilled brand message and design, a newsletter subscription, trademarking your name/logo, getting an EIN so you can writ...

Make a Schedule

The struggle to establish a side hustle includes converting previously nonwork time to dedicate to it. 

To lessen the impact, create a schedule considering your situation and tendencies, like your most productive time of the day and what activity would create less damage if sacrificed.

Find a Support System

Having people that you can vent to or ask for guidance is key to making any venture a success. Even if you choose to fly solo, surround yourself with people you can talk to, bounce ideas off of, and get genuine feedback from.

Scour your network for people in the same industry, reach out to mentors, and even ask close friends or co-workers for their honest opinions.