Ep112: Why You Need a Side Hustle

Overview: Did you miss your opportunity

LoH Key Points

• Test the Waters

• The Flexible Advantage

• Small Things Turn into Big Things

Test the Waters

The most important thing to remember from this is that the side hustle is a stage. This is the place where you will test the validity of your ideas. You can use this phase to sort of test the waters to make sure this is actually something you want to do before you fully commit. Maybe you overlooked some obstacles and challenges that this avenue may present. Starting with a side hustle gives you the opportunity to start small, and make inexpensive mistakes. If you start by launching a fully staffed business without testing the water first you could be setting yourself up for an expensive headache. Don’t knock the hustle. This is the perfect place to prove your ideas and start your journey toward successful entrepreneurship in any industry.

The Flexible Advantage
One of the best things about starting small is that you actually have lots of advantages that larger companies do not. Learn to use your strengths. Large companies may have more resources, and bigger budgets, but they can’t move as quickly as you. You have the ability to innovate quickly. Large companies have to go through meetings, policies, procedures, and get several sign offs before an idea can get off the ground. Use your advantages to help you stand out in your industry. Don’t be afraid of being small, embrace it. Enjoy your ability to deliver the goods and services in your unique way. This unique way is what will cause you to stand out amongst the best, and help you to grow from side hustle to business.

Small Things Turn into Big Things

Small things definitely turn into big things. Plant your seeds today. Nurture them properly, and surely they will grow. Several of the most prominent companies in today’s landscape started off as side hustles. Etsy, Uber and many more all had there beginnings as small ideas. Your ideas are no different. Its up to you to take action and get the ball rolling. The perfect way is to just start doing it. You don’t need to quit your job or sell your home. Simply just begin doing this thing on the side. Develop it, nurture it, and share it with others. You’ll know when its time to grow.

LoH Challenge  

If you already have a side hustle, great! Keep going and cultivate those ideas. Remember “side hustle” is just a phase. Find ways to grow to the next level. If you don’t have a side hustle already, start developing one right now. Find things that you like to do, and figure out how you can serve people who also enjoy doing those things. How can you make this thing better? Whats missing? Maybe even merge two things that you enjoy. Find a way to build a bridge between these two things. Surely other people will enjoy your ideas as well. Now go get it!