You’ve made up your mind, and have decided that you’re ready to start a side hustle. Maybe you need the extra money, or you’re itching for something new to do. Whatever the case is, you’ve made the decision to pick a side hustle. Now the question is: “What side hustle is right for you?”
In the current “gig economy” we live in, everyone seems to have a side hustle. From the financial analyst giving cardio classes at the local gym, to the lawyer creating artful paint works on the side, many of your friends and family members may already have one. However, as you get ready to embark on this new adventure and pick a side gig for yourself, you should be careful to choose one that suits your schedule, personality and abilities.
It’s one thing to have a side hustle. It’s another one to have a side gig that strengthens you, empowers you, and makes you some extra money. When I picked my own side hustle, it was based on what really motivates, inspires and empowers me personally. I did not want to invest any extra time, resources and energy on yet another to-do on my already busy list of activities.
If you’re wondering which side hustle is right for you, here are a few pointers you may want to consider:
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Identify your why
After all, this is an additional commitment you’re adding to your already busy schedule. Even if it’s just a side activity, it will require your time and resources. This is why it’s so important to make sure that your motives are aligned with who you are and what you are trying to accomplish.
Are you doing this just for the extra money? Or are you looking at the future and seeing a potential business opportunity? Is this to apply some of your dormant talents and skills? Or are you envisioning to bring your entire family on board some day? Is your motivation to create a freer lifestyle for yourself and your family? Or is it about creating spare income to go back to school or pursue another goal?
The point is, you must spend some time getting clear on your “why”. It will allow you to better define your side hustle and increase your commitment level. Additionally, your “why” will also be there to keep you going on those days that you feel like giving up.
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Start with your passions
Begin with passion. As much as you may want to be realistic, and maybe re-purpose some of your acquired skills, I find that passions make for the best side hustles. You already have to be practical in many areas of your life, starting with your day job. Why not pick a side hustle that taps into the skills, talents and passions you don’t get to explore at work?
Make a list of all the activities you enjoy doing. As a matter of fact, go a step further and list those you wouldn’t mind doing for free. This will give you a clear indication as to what you’re really passionate about. When you’re able to take money out of the equation, then you tru get clearer about what you love and…what you don’t.
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Check your schedule
Time is of the essence, and any side hustle requires extra time. If you schedule is already packed, you may have to re-consider what kind of side hustle you could fit in, and how you can re-arrange your time to do so. As such, checking your schedule is one of the most crucial steps to undertake.
Take an honest look at what you already have to do on your daily schedule. Assess how much free time you currently have on your schedule. Additionally, determine what you can let go of and replace with a side hustle of your choice.
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Narrow down your niche
Even after listing all the things and activities you enjoy doing, even those you wouldn’t mind doing for free, you may still have too much to choose from. As a matter of fact, you may now be more overwhelmed than when you first started. It’s normal. Many, if not most of us, have many interests and even passions we’d love to explore.
The next logical step is to narrow down your niche. This is a very personal process that requires you to look deep within, and explore which activity on your list would bring you the most fulfillment and would also have the post potential of developing well. You must also take into account the time that it would require, as compared to what your schedule would realistically allow.
It may take you a few days to come up with the right answer for you. However, I find that the more time you give yourself at this stage, the better equipped you will be to truly pick the best side hustle for you.
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Adjust your mindset
Devoting extra time and energy to a side hustle will also require a mindset shift. Do yourself a favor and adjust your mindset as you pick the right side hustle for you. Ask yourself questions such as:
“Am I mentally, emotionally and spiritually ready to pursue a side hustle?”
“Will a side hustle make me happier or overwhelm me?”
“Can I withstand the pressure of having a side gig?’
“Is this something I welcome in my life or do I feel resistance towards it?”
These personal inquiries will help you assess how you feel about integrating a side hustle into your life. They will also help you adjust your mindset from one of apprehension and maybe resistance, to one of acceptance and even excitement. This mindset shift will also serve you in the long run as you face obstacles and challenges running a successful side gig and business.
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Be open to experimenting
Picking the right side hustle for you is not a foolproof process. It may actually require a few tries before you find what really gets you going in terms of side gig. Be open to experimenting with a couple of ideas, if you haven’t successfully narrowed down your niche yet.
It takes some time to find out what you actually love doing. While you may have numerous passions and likes, experimenting with them may actually allow you to eliminate some and keep others. I experimented with freelancing, and writing in various capacities, before setting my heart on blogging and book writing. However, it took a few unsuccessful tries to figure out the right formula for me. Be patient with yourself as you go through this process.
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Learn from your mistakes
In the same way, be open to learning from your mistakes as you pick the right side hustle for you. Your process is very much unique. While it may take someone else about five minutes to settle on their perfect side gig, you may take longer to decide. As a matter of fact, you may start by picking the wrong side hustle, or have to adjust the side gig of your dreams to fir your personality and lifestyle.
In any case, look at the mistakes that may occur as you choose your side gig as stepping stones rather than obstacles. The more you can learn from them, the closer you may be getting to uncovering your ideal side gig.
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Enjoy the process
Last but not least, don’t forget to enjoy the process. Even if this is about making extra money to pay your student loans or get out of debt, it is still a process that can allow you to learn a lot about yourself. Enjoy the process of exploring something new, learning, and growing as well! Remember, if it doesn’t bring you joy, then you may have to re-consider!
Now your turn: How did you pick the right side hustle for you?
To Your Success,
The Corporate Sister.
