For many, the idea of leaving a 9-5 job to fulfill a dream of running a full-time business just isn’t doable right now. Money, insurance coverage and time concerns are all legitimate and if you haven’t had experience running a business, it can honestly be a bit scary at first.
For those who are entrepreneurially curious, there’s another alternative and that’s creating a side gig/part-time business. Starting and running a side gig can be a great way to experience what it feels like to run your own business without all the risks involved in owning a full-time business.
In my time as a business coach, I’ve run into a lot of people who, instead of working a part-time job, have decided to create their own way of making some extra income. College students, stay-at-home parents, parents of college kids, and retirees. Basically, anyone who needs a little more weekly cash in their pocket. We're in the middle of what’s being called the gig economy and it's growing fast!
There are so many things you can do to earn some extra money on the side. Good with building things? Offer home repair services on the weekend. Got a good eye? Learn how to photograph kids or weddings. Are you artistic? Sell homemade products on Etsy or at craft shows. Do you know Excel inside and out? There’s someone out there who needs your help! I guarantee that you have a skill that someone will be willing to pay you for.
Be aware. Like any new venture, it can be challenging at first. There are some rules that you’ll need to learn that apply to a part-timer as well as a full-time business, but those rules can be learned and in fact, it’s a lot of fun!
One of the biggest challenges will be finding the time to work on your side hustle, especially if you already have a full-time job. You'll also need to be prepared to learn new skills and like anything worthwhile, it's important to stay motivated and focused on your goals, even when things get tough. If you're willing to put in the hard work, starting and running a side gig can be a rewarding experience.
Here are some tips for overcoming the challenges of starting and running a side gig:
Set realistic goals. Don't expect to make a lot of money right away. Start small and gradually increase your workload as you gain experience.
Find a mentor. Talk to someone who has successfully started and run a side gig. They can offer valuable advice and support. (Unabashed plug here. That’s what I do!) 😊
Network. Get involved in your community and meet other people who are interested in your field. This will help you build relationships and find potential clients.
Be patient. It takes time to build a successful side hustle. Don't give up if you don't see results immediately.
Starting a side gig can be a great way to improve your financial situation, learn new skills, and explore your entrepreneurial side. If you're thinking about starting a side gig, be sure to do your research, set realistic goals, and be patient. With hard work and dedication, you can achieve your goals and make your side gig a success.
If you’re interested in finding out more. Reach out to me. That’s what I do. I teach men and women how to create and run their own successful businesses from idea to launch without the stress!
I offer free 30-minute consultation calls to anyone who would like to know more. 😊
Comments