4 Things to Consider when Planning your Side Hustle

side hustle Oct 12, 2020

There are a lot of things that we can achieve if we put our minds to it. The mind possesses the key to everything, whether we succeed or not falls deeply on our mindset. This is why it is advisable that we train our mind. There are numerous mind resources that are dedicated to allowing us to achieve anything.

How can you start a side hustle and succeed at it, if you don't have the success mindset? It won't be so easy.

The jobs a lot of us do are not enough to give us the good things in life. The salary may pay our bills, and provide us with the necessities, apart from that, nothing else is done.

Side hustling is a great way to earn additional cash that can be saved or used in providing us with those luxuries that we seek. For your side hustle to be successful, you have to train your mind to be able to combine your daily job and it.

There has to be a lot of scheduling, in a bid to see if both can go hand in hand. None has to suffer if you put your mind to it. This is why there are mind resources that are designed to help.

Once your side hustle starts becoming successful, there is a great chance that you will want to continue it. What of if we told you that other things can determine if that side hustle continues to live.

Set a Goal If You’re Trying to Leave Your Job

If you intend to make that side hustle of yours the main job, you should consider training your mind on it. That's not all. You will have to set a deadline when you will have to take an exit from the job. What circumstances will you want to leave? Will the job be able to pay you? How much will you get? How long will you spend on your side hustle?

You will have to hit a breaking point before you decide to take the exit. At that moment, you will want to turn your side hustle to your main job. At that point, your mind is already telling you that your 9-5 job should be abandoned, and you face your side hustle fully. This will help you stop expending a lot of time on both jobs, and weakening your mind and body in the process.

Before you quit, it is important that your side hustle is already earning enough to take care of your bills. It will be pointless to quit and later find out that the money you earn can't foot your bills.

If you intend to work on a job and build a side hustle, it is important that a goal is set to allow you easily move from the side hustle to a full-time job.

If you have no intention of turning that side hustle to a full job, know that the side hustle is merely meant to be on the side.

Consider What Your Short Term Goals Are

Why are you side hustling? What drove you to start that side hustle? Is it to make a purchase that costs a lot, or to pay the debt you owe, or to learn a new skill. Why are you involved in the side hustle?

When you know why you are in that side hustle, it is quite easy to know if you will be at it for long or a short period of time. As you create your goals, it is important that you also craft out a plan to get them fulfilled.

Is Your Side Hustle Still Enjoyable?

One question you should ask yourself is if he enjoys the side hustle. To some, the side hustle may be interesting when you start. Once some time goes by, it becomes boring.

When you start a side hustle to pay the debt, make a large purchase or to save an amount, the side hustle may seem unnecessary when you reach the short term goal.

When you get to the extent where you feel like the side hustle is now boring, and is not something that you should consider going through with, maybe it is your mind telling you to find something else. It won't be a bad idea to try and do something else.

If you are in tune with your mind, you can easily tell when your mind is telling you to do something.

Since it is a side job, try and do something that you will enjoy. How can you dread your full-time job and still dread your side hustle? This is definitely not fair on you. It could be your hobby, try and monetize it. As long as you love doing something, it won't be a bad idea to try monetizing it. That way you are making money, and doing something that you love.

It is common to hear people say that they don't have hobbies or talents. Let me burst the bubble. Once you are a human being, you have a talent. Some persons stumble on their talents early enough. It could be that you can sing. It could also be that dance well or can ace soccer. Some other persons do not stumble on their talents quickly enough. They have to spend a long time, trying to find what their talent is. When you are in tune with your subconscious, finding out your talent is easy. If you are still at the point where you think you have no talent, you should consider making use of some mind resources. They really do work.

Your talent doesn't have to be singing, dancing or being great at sports, it could be that you are analytical. It could also be that you are empathetic, and can talk sense to the most recalcitrant person on earth. Talents differ and can be monetized.

Consider Working in Seasonal Spurts

Let's say you intend to make that side hustle to be a long term thing, you think of doing something seasonal. Once it is a daily affair, you may get tired of it. Opt for that side hustle that is known to be flexible, whereby you can choose your hours anyhow you wish.

It could be a summer side hustle that booms a lot during that season. This means that when your main job is slow, you can spend a lot of time on that side hustle.

This allows the side business to be a long term thing since it is seasonal, and you won't be able to get tired of it easily. Getting tired of a side hustle turns into a chore like your main job.

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