See Your Side Hustle as "Me Time"

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 progressing toward a goal but you'll also feel better about yourself and your life.

See your side hustle time as "me time." Because it is -- it's time you spend making the most of your life.

@ang_10

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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.

Dream Big, But Focus Small

Rather than finding a way to make a million dollars, find a way to serve a million customers. Start small and prospect where you have a reasonable chance of success.

Along the way you'll learn and build a customer base. Later, you can leverage that customer base -- and everything you've learned -- to successfully hunt bigger game.

Follow a Strict Side-Hustle Schedule

Decide how many hours you think you can spend a day on your side hustle. Then add 25 to 50 percent to that number, write it down and commit to that schedule.

See the schedule you create for your startup the same way you see your schedule for your current job -- as non-negotiable. Otherwise you won't see any progress and you'll quickly get discouraged.

Only Spend Money On Actual Efficiency

Avoid spending money before you actually have demand for what you are acquiring.

Allow yourself to be inefficient until you have enough work to make greater efficiency truly matter. 

Don't Spend Money The Customer Won't See

If you want to spend on something that doesn’t affect the customer, give up on it.

Spend what money you have where it makes a real difference to your customers -- because without customers, you don't have a side hustle.

Don't Use a Side Hustle as An Excuse

If you just want something -- and there's nothing wrong with that -- don't use starting a side hustle as an excuse to buy it.

Plenty of failed side-hustlers admit they started their business as a way to rationalize the purchase of something they had always wanted to own.

Never Take On Side-Hustle Debt

To avoid having to work for years before turning a profit, start a side hustle you can fund through savings or that you don't need to fund. Provide a service that only requires the tools you already have.

Prove to yourself that there is a market -- and that you can serve that market -- before you take on any debt. If you can't find a way to start your side hustle without going into debt, find a different idea.

Consistently Crush Your Full-Time Job.

Don’t be tempted to think about, dwell on, or even work on your side hustle when you're at your full-time job, because this is wrong and may cost you your job. When you start a side hustle aim to be great at your full-time job and your side hustle.

So even before you start your side hustle, work as hard and efficiently as possible. Get more done than anyone else, if only so you can leave on time without regret, and without raising concerns about your performance and dedication.

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RELATED IDEAS

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 range from smart/low pricing, aggressive sales tactics, higher profit margins, unmatched customer service, best-in-class features, strategic relationships, intellectual property and other specific factors that clearly differentiate your brand from the competition.

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IDEAS

A side hustle seldom makes much money, but it is more something you do because you like it. It is not the same as a "second job" as you don't feel pressure to use it to makes ends meet.

Team members that have side hustles rather than second jobs mean that the company is doing something right, whereas if it is the other way around, it might indicate some problems in your business practices.

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 on daily life issues and taking stock of your knowledge and life experience, will give you some ideas. Rank and compare ideas based on things like feasibility, profit potential, and your own motivations. Decide on one and stick with it for the next 27 days. 

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