Success Advice
11 Things to Avoid When Starting a Side Hustle
It’s all about the hustle!
No, that’s not the opening line from the – let’s face it – truly awful 50 Cent movie “Get Rich or Die Trying.” No offense, Fifty, but it’s the truth.
Instead, it’s a sound bit of business advice that could help you generate a nice second income or turn your passion into a full-time career. And wouldn’t that be more fun than grinding out another year or two of the 9-5?
Definitely!
The kind of hustle we’re referring to is the side hustle, another income stream to supplement your monthly salary or satisfy your creative aspirations.
Almost half of US workers are side-hustling now, earning (on average) an extra $1,000 a month. Nice.
Side hustles come in all shapes and sizes, but here’s a quick rundown of the most common part-time gigs:
- Food delivery
- Ridesharing
- Freelance design work
- Copywriting
- Drop shipping
- Pet or house sitting
- Selling homemade clothes or jewelry
All you need to start a side hustle is a skill, a strong work ethic, or a little bit of free time.
Interested?
Then check out this following guide from small business lending provider OnDeck. It outlines everything you need to know about becoming a successful side hustler, including the 11 most common mistakes to avoid.
The guide includes help and advice on calculating your initial investment costs and pricing tips to ensure you’re always covering your margins.
There’s useful information on managing a side hustle alongside a full-time job, including any special clauses or conflicts of interest caveats written into your employment contract.
OnDeck also outlines the best way to deal with all that complicated and boring business stuff, like bookkeeping and tax returns. They put that in there just for you creative types!
And, most importantly, there’s a section on maintaining a healthy work/life/side hustle balance.
Success Advice
12 Skills to Acquire in 2024 for Career Success
In 2024, the professional world is evolving rapidly, so taking the initiative and planning strategically for skill development is essential
In 2024, the professional world is evolving rapidly, so taking the initiative and planning strategically for skill development is essential. If you want to do exceptionally well at your job, moving past the ordinary and concentrating on improving various skills is essential.
This article looks at key abilities that will contribute to your future career. (more…)
Success Advice
How to Use Link Building to Get More Traffic to Your Website
A meticulously executed link-building strategy can transform your new website into a digital powerhouse
Why do some websites skyrocket to the top of search engine results while others languish in the digital abyss? Does the new site you’ve just created have a chance to get a target audience and organic traffic? (more…)
Success Advice
Simple Secrets to Building a Profit Pumping Freelance Business
Freelancing is a highly profitable venture, but its overwhelming nature tends to be daunting
Freelancing is a highly profitable venture, but its overwhelming nature tends to be daunting. To maximize profit, it’s important to adopt favorable mechanisms and workflow aids. You can increase your productivity to a significant level by staying true to your workflow. (more…)
Success Advice
Here’s Why Your Digital Marketing Efforts Fail and What to Do About It
A key distinction between traditional and modern marketing is targeting.
In a renowned anecdote, Albert Einstein is said to have given his graduating class the same exam paper two years in a row. His assistant, worried that the great scientist had made an error, alerted him. Einstein’s reply was simple: “Yes, it’s the identical test. But the answers have been altered.” (more…)
-
Success Advice4 weeks ago
Mindful Productivity: How Top Achievers Combine Focus and Balance
-
Success Advice3 weeks ago
Here’s Why Your Digital Marketing Efforts Fail and What to Do About It
-
Success Advice4 weeks ago
Why Diversifying Your Portfolio Can Make You More Money and How to Do It
-
Success Advice4 weeks ago
8 Quick Strategies to Boost Your Email Survey Response Rates
-
Life3 weeks ago
The Happiness Model That’ll Change Any Entrepreneurs Life
-
Success Advice3 weeks ago
Simple Secrets to Building a Profit Pumping Freelance Business
-
Entrepreneurs3 weeks ago
Why Your Business Can’t Afford to Ignore Mapping Software
-
Entrepreneurs2 weeks ago
5 Levels of Brand Visibility and How to Go to the Next Level in 2024