Maybe it’s the innate drive in me. Maybe it’s the FBLA winner in me (I won first place in entrepreneurship as a senior in high school). But I am a huge proponent of everyone having some kind of side hustle, unless you are one of the 1% that are truly 100% in love with their current job.
I always get the questions like, “How do you have time for your side hustles and why do you have so many?” By day, I’m a business strategist in healthcare information technology. By night and weekends, I’m a life & style blogger, family photographer, and currently working towards becoming a coach on teaching working parents to explore their creative passions. Sounds crazy right? You’re probably wondering my WHY behind this.
Honestly, it’s because my side hustles give me an outlet to be creative and allow me to try out my crazy ideas while still having the stability of a great career in my current field. By the time dinner is made, children are bathed, educational reinforcement at home is done, quality 1:1 time with my partner, I literally have less than 60 minutes of “me time”. After all the family nightly routines, I’d rather use that PRECIOUS time to BETTER myself rather than vegging out in front of the television. It feels much more productive and a wiser use of my time and something that I VALUE.
Sure, there are times when I just need time to completely decompress from everything, but most nights, in this season of life, I’m trying to better myself a little each day, even if it’s for twenty minutes. I don’t want a decade to go by and be like, “Yeah, those 3,650 hours were spent on watching Netflix.”
I’m not the only one in this world doing this. Studies show that 35% of people have some sort of side hustle. That’s a little over 1 out of 3 people!! And their desire is not purely motivated by making money. Rather, it’s about a passion or hobby that they can occasionally as a side effect turn a profit.
Fortunately, I’ve been surrounded with amazing people who have shared with me their incredible side hustles that they do in parallel to their full-time gig. A side hustle doesn’t have to be a full-blown business. It might just be an additional revenue stream to your day job. Some of these people I know personally make about $100 a week, some of them are well on their way making over $500 a day! Yes, that’s in a SIDE HUSTLE.
So, without further ado, I’m sharing with you a few reasons why I think everyone should have a side hustle.
Having a creative outlet allows you to get out of the monotony of your day to day routine. You know those crazy ideas that you have in your typical mid-life crisis – like opening a BBQ restaurant, being a photographer, being an Etsy shop making X thing, counseling people through fitness? These don’t have to JUST be ideas. They can be real. As a side hustle, you can invest time in something CREATIVE that’s yours!!
For me, with my blog and my photography, I’m able to transition from my typically analytical mindset at work to my side hustle so that I can think more freely to CREATE!
Low Barrier to Entry
With the advance of the internet and technology, side hustles are achievable for almost everyone. There are so many of them out there that have minimal requirements for start up capital that anyone that has time to dedicate can enter the field!
When I started my blog, it literally was less than a $100 investment. When I started my photography business, it was $900 with a crappy DSLR camera. It’s certainly grown in expenses over the years, but that was in parallel with the income I was making with it!
Education for Free
A side hustle can be a real-world master’s degree. With your side hustle, you’ll learn business strategy, marketing, sales negotiations, and operations side that you may not have gotten in your day job. It’s all you, and you’re the one setting deadlines and goals.
I’ve learned so much as I started this blog. I’ve learned a little bit of coding (which I’ve always wanted to do), search engine optimization (which was a whole new world I was clueless to until I started blogging), and how to hire virtual assistants the right way!
Idea/Dream Becomes a Reality
I talk to people all the time about their aspirations and dreams outside of their day job because I find it so fascinating to truly know what people would be doing if money was not an issue. I then find that most of these people actually have amazing ideas, but the only reason why they aren’t ready to launch is because it’s not perfect. The great thing about a side hustle – it doesn’t have to be perfect from the get go. You can iterate on your idea as you continue to refine it.
Meet New People Outside Your Circle
When you do the same thing in the same career year after year, you find that the circle of people you know have very similar interests, have the same network, and have typically the same career trajectory. When you are working through your side hustle, your network expands ten fold. You meet people with the same passions, but may be different career pathways. This enables you talk about those topics without it feeling like forced conversations.
I can truly attest to this. With my blog, I’ve met people online from all over the world that I would have never met as well as those across seas! It’s been unreal. The friendships I’ve formed and the communities I’ve been able to be part of has enabled me to feel more confident in my day career as well as my side hustle!
I put this last because it’s not always about the money. However, when your passions collide and you can profit from your passions, I say that’s a win-win. I am a huge believer in also not putting all your eggs in one basket. When you can diversify your income streams, you are providing a lever to less risk. Less risk is always a good thing.
A side hustle can provide a level of fulfillment not available in your current career. And even if you are currently fulfilled, who doesn’t want an outlet for creativity and potentially more money? For more listening and reading, check out this post on ChooseFI for reasons and how to side hustle the right way! Check out my Framework for Small Business Owners and Bloggers.
Do you have a side hustle? I would love to hear what yours was! Or have you transitioned your side hustle into your full-time gig? I’d love to hear about it in the comments below!