Have you been debating whether or not to start side-hustling? It’s a great way to get your feet wet in entrepreneurship, but with a full-time job, it can take a lot of work to know how to make time for everything. Working full-time is tough enough – how on earth can you fit side hustling into the mix?
This blog post can provide helpful tips and tricks for balancing your side hustle with a full-time job. Nailing down that balance can help set you up for side hustle success! So if side hustling is something you’re interested in, you can just read on to learn more about finding the right balance.
How To Make Time For Your Side Hustle
It can be challenging to start a side hustle while maintaining a full-time job; however, you can do it if you are diligent and creative! Your side business will be most successful if you focus on what you’re passionate about. It can be challenging to build something from nothing, but that’s what side hustles are all about.
“One in three Americans—34 percent—have a side hustle. 61.1 million Americans (24 percent) plan to start a side hustle in 2021.”
You can also jump-start your side business by leveraging today’s digital world and the ever-expanding side hustle space. When you are determined and resourceful, side businesses can blossom into something much larger than you ever imagined. What is the key to making this happen? You can take advantage of all resources and prioritize.
Get Your Side Business Off The Ground
Starting a side business is an exciting time and one that can be rewarding – in more ways than one. To ensure your business has the best chance for success, it is important to lay a strong foundation.
1. Get Organized
Making your side business as efficient as possible is key to its success.
- Create a dedicated workspace by setting up a home office space for your side hustle.
- In your workspace, set up a filing system for paperwork related to your side business.
- Use your personal email account and digital software, or set up a separate email account for your side hustle. Avoid using computers, software, and email accounts from your full-time job.
2. Find Your Niche
To make the most of your side hustle, it’s important to think carefully about which niche is right for you. To achieve success, you must have relevant skills, experience, or knowledge of the industry behind your side hustle. A successful business depends, after all, on matching the right skills with the right interests.
- Make a list of your passions and interests.
- Analyze potential problems that your niche can solve.
- Make a list of your competition and research them.
3. Make Your Side Hustle Legitimate
Whether you see your side hustle as a business or not, you’ll be more successful with a formal business plan.
4. Test Your Side Hustle
You want to ensure your product or service positively impacts the people using it. A paying customer is the most reliable source of honest feedback, which is why you should get their feedback. Your vision for the business should be based on what people want and need, not what you think they need.
To ensure your customers have the most positive experience possible, you can use the feedback you receive to learn where you can improve. You’ll be able to impact them and help them succeed if you do this.
How to Successfully Balance a Full-Time Job and a Side Hustle Without Burnout
The combination of a full-time job and a side hustle may leave you feeling overwhelmed and at risk of burning out. You can definitely balance both. It only takes a little planning and dedication.
Create A Schedule / Routine
Every day, work on your side gig at the same time. Maintaining a side hustle schedule will help you stay on track and consistent.
Keeping a side hustle calendar for tasks and setting deadlines is the best way to stay organized. It’s best to break up each side gig session into timed sections if you aren’t a skilled multitasker. For example:
9:30 am – 10:00 am: Finish blog outline
10:30 am – 11:00 am: Send out invoices
11:00 am – 11:30 am: Create content for the customer’s homepage
Organize your schedule every week at the beginning of the week. Spend 30 minutes planning your business-related tasks for the week. Doing so will help you handle your work and side hustles without feeling overwhelmed.
The average side hustler spends 11-16 hours a week on their business.
Running a business is challenging, and focusing on each task fully will help you grow it. If you want to stay focused without getting distracted, try these tips:
Take regular breaks throughout the day (every hour), which can refresh the body and mind.
Set clear boundaries between leisure time and the time you spend on your business.
Reward yourself when you reach a goal or deadline. Take yourself out to a relaxing dinner with friends.
You must manage your time well when working full-time and simultaneously run a side business. Keep distractions to a minimum and give each task the attention it deserves, no matter how small it may seem. Time invested in your side hustle will pay off in the long run.
The Right Time to Quit Your Job
If you’re considering quitting your day job to become a full-time entrepreneur, you must ensure the timing is right. If you have a stable full-time job, you can work on a side hustle while still employed.
Let your business generate enough income to offset what you’d leave behind is wise.
Ideally, your side hustle should generate a steady income. When your side hustle pays 75 percent of your full-time salary, it’s time to consider quitting your day job.
Start Your Side Business
Now that you know how to effectively balance your time between your side hustle and a full-time job, it’s time to jump and become the entrepreneur you always wanted to be.
An easy-to-use app, like Symposium, can offer an invaluable helping hand with your journey. This marketplace allows users to connect with experts in all skill sets—coaches, teachers, athletes, and more—who are more than willing to share their knowledge.
Don’t worry about technology, scheduling, or payments; Symposium handles everything for you. With its stress-free design, Symposium should be your go-to for everything related to starting a new side business. Sign up today and begin unleashing your entrepreneurial energy!