More and more people are starting side hustles alongside their full-time or part-time jobs. These are jobs that may have stemmed from interests and hobbies such as blog writing or photography, and can be a great way to add another source of income alongside full-time employment.
Anyone can start their own side hustle, and here are some things to keep in mind to make the most of it:
Prepare for the road to success
Some may already have set up separate social media accounts for personal and professional use – but if you haven’t, this may be the perfect reason to do so.
Start setting up separate social media accounts and channels to reflect what you do and make sure that the language and branding is consistent.
Even if this side hustle started off as a hobby, treat it as a serious enterprise.
When speaking about this part of your work, speak with confidence – not only does having a die hustle show that you have varied interests and can be innovative but that you also have great time management skills.
If you are just starting out, research ways on how you can build a portfolio or customer base. Start small but aim big.
You may do odd jobs here and there so be prepared for possibilities and be open to the experience. Once you have laid down the foundations, it can be smooth sailing from there.
Know your rates
Money is always a touchy subject, and most are likely afraid to tackle the subject of payment. When you are just starting out, it can be difficult to know how much to charge.
Yet if you want to be successful in the long-term, you need to think profitably and plan strategically.
There are many websites that offer advice and insights on the usual rates in different areas such as Glassdoor and for aspiring journalists, websites such as journoresources offer a list of general rates for articles. With the rise of job transparency, you should have no fear in being upfront with your rates and neither should your client.
And don’t be afraid to seek financial advice. There are many ways you can do this. There are many websites that offer the best robo advisors for millennials as side hustles are particularly on the rise with this age group.
Network to get work or build one
By simply striking up conversations with people is a form of networking. To increase your chances of conversing with potential clients or people who are in the same industry as you, consider attending industry conferences, networking events and meet-ups.
Not only will you learn more about your craft, but you can also hear from people who have been through the same path as you and take in their advice.
Building a community is important, not only for your support system but chances are, people know people. That small connection can be your next big opportunity.
If you are an introvert and the prospect of social interaction scars you, social media is your friend. Even a simple email to say “nice to meet you” after a brief meeting can do the trick.
Starting a side hustle and maintaining one can be hard work, but with persistence, determination and planning, you can make the most of your side hustles and enjoy it along the way.
Categories: Money
