The Ultimate Side-Hustle How-to Guide: 10 Rules for Side-Hustle Success
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.
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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 ...
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 skills you already have that are related to the side hustle you want to establish this. And if you lack key skills that relate to your interests or the side hustle you want to create, there's no better time than the present to learn them.
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 creating a solution to a problem that doesn't exist, as this is one of the top causes of startup failures.
You can do that with objective feedback from potential customers and asking them to join a waiting list, pre-purchase your solution or hire you as a service provider.
Side hustles are good for companies. The rich perspectives derived from diversity of experience only make your team stronger.
Side hustles are more than the clickbait suggestions such a...
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.
Team members should be encouraged to focus on personal growth outside of work, regardless of the form it takes.
Research shows that innovative companies are more successful when they hire entrepreneurial-minded people who have the drive to hustle on the side. Side-hustling workers tend to be passionate, which impacts their work in a positive way.
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 ...
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.
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.