Steps to Building a Side Hustle
“Don’t let others define what you should be doing.”
In recent years, I’ve talked to many people who struggle with defining their side hustles and understanding when it’s time to turn them into full-time gigs. I’ve realized that it’s essential to identify what you don’t enjoy doing and then focus on developing a passion or hobby that has the potential to generate income. It’s all about setting clear goals, researching the market, and understanding what people are willing to pay for. But most importantly, never let others dictate your choices. Your side hustle might just lead you to your main gig and the success you’ve always dreamed of.
Growing up, I always knew I wanted to be a business owner. Like many young, ambitious kids, I dabbled in various side hustles, from selling candy bars at school to becoming a soccer referee. As I entered adulthood, my side hustles transitioned into more serious ventures such as a chain of smoke shops and even owning a bar. Despite the challenges, these experiences shaped me into the entrepreneur I am today. That is why I want to make sure to share important steps when building a side hustle.
In this episode you will:
- Discover the art of defining a side hustle and recognizing the moment it transforms into a full-time occupation
- Uncover the secrets to selecting a side hustle that aligns with your financial aspirations
- Recognize the significance of diversified income sources to secure financial stability
- Explore strategies for delivering exceptional service by focusing on niche specialization
- Master the delicate balancing act of managing your side hustle, other priorities, and catering to customer needs
Are you an entrepreneurial individual eager to launch a side hustle? Have you been misled by these three common myths about when a side hustle becomes a full-time gig? Don’t worry, I’m here to set the record straight and share the truth with you.
Connect with Will:
Book I Can’t Read: A Guide to Success Through Failure
Email: Will@willtalksbiz.com
LinkedIn: https://www.linkedin.com/william-manzanares
Episode Highlights:
00:01:15 – Defining a Side Hustle
00:04:09 – From Hobby to Side Hustle
00:07:11 – Moving from Side Hustle to Full-Time Business
00:09:07 – Determining Your Side Hustle
00:12:22 – Starting a Side Hustle
00:13:06 – Doing Research
00:16:17 – Balancing a Side Hustle and a Full-Time Job
00:18:51 – Providing Excellent Service