EXACTLY How To Build A Side Hustle
Added 2022-11-24 14:50:10 +0000 UTCI want to go right to the point.
When starting a side hustle, start a side hustle based on your profession or based on something you like doing which has real world value.
Most of people donât know where to begin or which side hustle to pursue.
If you search âside hustle,â you will see several places claiming that you can make money by taking online surveys or playing crypto games.
You may have come across various crypto games that allow you to earn tokens or real money. To be honest, you should not use it to gain money.
All of these are largely ineffective, and you are simply wasting your time on them.
Instead, spend your time mastering a talent and creating something that people will appreciate.
If youâve been working somewhere, and youâve got some talent. Concentrate on that talent and generate money from it.
This is why I always recommend that you concentrate on a specific skill. Most individuals start with something they hate or are not good at doing.
Once youâve found this skill or what you are good at doing, quietly focus on building this side hustle for 1 year.
The world is growing more competitive, and there is no such thing as âfree moneyâ. Only your skill will allow you to succeed.
The initial phase will always be the toughest
When someone claims that you just need to work four hours a week and that you can boost your income with a side hustle. Itâs the worst advice you can ever receive
When this hustle has been built to where things are consistent and reliable, then can you possibly be working for hours per week? Absolutely!
But certainly not in the beginning stages.
The initial phase is always the most difficult.
You will make countless mistakes so donât be alarmed if you encounter a number of challenges at first. You can genuinely cure all of the wounds with time and effort.
Should you quit your job?
Absolutely not. How else will you get money to fund this idea?
âBut I need work life balanceâ
âBut I want to have a social lifeâ
If you want work life balance and a healthy social life. Donât try and build a side hustle.
You will need to sacrifice a lot of things like social events and especially weekends.
I understand you have a life, but you have to do it.
In life, there are NO PERFECT scenarios, there are only tradeoffs. You need to be willing to give up something, to get something.
Give this podcast a listen: https://youtu.be/cCpQ_5Qvj4U
then read this: https://www.patreon.com/posts/58021350?utm_campaign=postshare_creator
Then this : https://www.patreon.com/posts/53066229?utm_campaign=postshare_creator
You may have also come across various crypto games that allow you to earn tokens or real money. To be honest, you should not use it to gain money.
All of these are largely ineffective, and you are simply wasting your time on them.
Instead, spend your time mastering a talent and creating something that people will appreciate.
Focus on a single platform(niche) and make the simplest plan possible
You may be an online creator, businessperson, entrepreneur, or someone who aspires to be one.
You must know that a strong foundation is necessary while building a house. If not, it will undoubtedly deteriorate within a few years.
It takes careful preparation to launch a company, a business, or even a side hustle. And the work you perform should be straightforward.
if you want to start anything, plan it as simply as possible and then concentrate on a single platform.
Keep it simple stupid.
1. What do you do?
2. who do you do it for?
3. How can you do it?
4. Where are the people who need what you are doing?
People love to complicate things, and this is why most fail.
To overcomplicate things that are actually pretty simple is called âthe complexity biasâ.
Overcomplicating is a safety blanket.
Why?
As long as you still have things to figure out, possible negative outcomes to weigh, and more information to gather, you donât have to take action yet.
Most things are simple, but people make them complicated so that they have an excuse not to move forward and potentially fail.
Itâs a safe way to live, but I donât believe our best lives are lived in safety. To experience greatness, we must take risks. And sometimes that means telling yourself that it's time to stop complicating things and just make the leap.
Sometime you have to tell your inner bitch to SHUTUP!
One of the keys to becoming a simplifier is to think of very simple, straightforward questions.
Amazon began as an online bookstore. It was basic enough, focusing on a single area i.e. books, and you know where it is right now.
âBut I donât have a skill or know what I am good atâ
If you donât currently have a marketable skill, then you need spend your time mastering a skill with market value and then turning it into a product or service
You may learn almost anything, such as:
Graphic design
Video editing
Video creating
Content writing
Social media marketing
Copywriting
Website designing
Coding
Selling digital products
Starting A social media page providing helpful information on a certain topic
Starting a lead generation business
These ideas Iâve just listed are mainly online, however there are plenty of offline and online side hustles you can do.
When you start, you will need to invest the early days in acquiring the skills and developing the offer/content.
Patience
A side hustle that generates passive income isnât as easy as you think. But itâs 100% possible.
Patience is a huge flaw for many people.
They want passive income from a side hustle YESTERDAY or theyâll go on social media and cry that X hustle is a scam.
You need to become GOOD at what you are offering people / to the world
Making a full time doctors salary with part time hours doesnât come from TRYING. It comes from getting good.
You donât have to start out as good, but you eventually have to get good. This point is often overlooked.
Take extra courses, listen to podcast, read books about your niche and most importantly, put those things into practice.
Most people lie to themselves about the quality of their work.
Thatâs why it never turns into a side hustle that generates passive income.
Forget about money in the beginning, It does not matter. (Well it does, but not as much as you think it does)
The money at the start of any side hustle will be terrible. You probably will make ÂŁ0.00 or barely enough to buy a meal.
The illusion of passive income, in the beginning, acts as a qualifier. It gets rid of he people who arenât ready, which is completely fine.
If your side hustle doesnât solve a problem then itâs worth ÂŁ0.00.
Just because you have a side hustle, doesnât mean it has value.
Passive income is money you get for creating value. Value comes from solving a problem that people have.
For exampleâŠ
If you are good at social media marketing and a local business has problems with marketing their business or generating new leads
They will happily pay you X amount to solve that problem for them.
If someone needs help in their relationship and you are very good at handling relationships, they will happily pay you X amount to help them solve that problem.
If people are bored, you could be the one to solve that problem by making entertaining content online.
If people need fashion tips, you could be their image consultant.
These are just some Iâve randomly named at the top of my head.
Thatâs how business works. You solve a problem, people pay you for it.
Find a problem.
Then do your research online to confirm the problem isnât a fantasy in your mind.
Find out if there are people who are actually doing well financially around said hustle.
Then build your side hustle around it.
You have to make time for it and it MUST be a priority
The mistake I see people make is they start a side hustle and then think they can work 15 minutes a week on it.
A side hustle needs to be scheduled in your calendar, so you donât forget its significance and place other peopleâs requests around it.
Otherwise you jump from urgent task to urgent task and forget your own goals.
What gets scheduled, gets actioned. What gets actioned, becomes a habit.
Never ever stop learning
Whether you make ÂŁ50 a month or you are marking ÂŁ50,000 a month.
NEVER EVER stop learning.
Always be listening to podcasts around your niches, taking good courses, paying for extra mentorship from good people you can learn from.
Donât publish content or post your products online and then wait for traffic/views/clients/customers
People think they will make 1 post and then the sales, clients and views will just come in đđ€Łđ€Ł
Listen⊠Nobody is waiting for you.
You have to earn audiences you donât own by giving value.
Nobody is coming for your content. Nobody is dying to hear what you have to say.
So in the beginning youâve got to sell yourself a bit.
In the beginning, ATTENTION will be your best friend, it will be more valuable than money.
Iâve known many people who gave up after 3 months. They think theyâre special and the rules donât apply to them.
They think the clients, views and audience will come to them when they donât make an effort to garner any eyes or attention on themselves or what they are doing.
An idea that leads to passive income is meaningless without attention. Find ways to add value to others. Thatâs how you build an audience.
But why do most people quit? Because this is not easy, itâs difficult to do this consistently.
However the things in life that arenât easy are the most rewarding.
Give this a read, it will help you: https://www.patreon.com/posts/72953176?utm_campaign=postshare_creator
Finally, learn how to sell
No matter how amazing your idea, service or product is, if you cannot sell, you will NOT MAKE MONEY
You MUST be able to sell to others.
Disclaimer: Selling is not always directly receiving money for something you do.
You might have to create your online content in a way which sells people on WHY they should be a subscriber to your social media page.
Sales is one of the most important entrepreneurial skills entrepreneurs must possess.
The ability to sell is the number one skill in business. If you cannot sell, donât bother thinking about becoming a business owner.
- Rich Dad Poor Dad
No one will assist you in selling your items in the early stages.
I know it seems harsh, but it is the reality.
Whenever you apply for a job, you must pitch yourself and your talents.
You must sell your offer whenever you generate content.
Similarly, when you make certain products, you must sell them.
Every industry in the world tries to sell something in order to make a profit.
If you are not the one selling, you are the one buying.
The concept of selling something to someone has a bad look on it.
Once the word âsellingâ is mentioned, people tend to immediately imagine a picture of a salesperson knocking from door to door to sell a product.
Most individuals shy away from selling to avoid rejection.
But I want you to look at âsellingâ as something positive.
Your product or service should be so good that it would be a DISSERVICE for you NOT to sell it to your clients.
However, you may think everyone could benefit from your product or service, itâs good to understand your niche target market.
Build your vetting process to where you can determine if the prospect is the right fit for you.
Sometimes itâs budget, sometimes itâs personality, sometimes itâs your ability to deliver what they want versus what they need.
Whatever it is, figure it out early so you donât waste your time and theirs.
**Will do an article on the importance of knowing how to sell soon**
Conclusion
People who have failed will tell you passive income and side hustles are a scam and arenât possible.
They only say this because they missed one of the above points. Anyone can quit after a month and use âitâs a scamâ as an excuse so they can feel better.
Donât consume content from these people.
Choose a side hustle, get good, take your time, accept ÂŁ0.00 in the early days, add value, do the back-breaking work, make time, learn from people smarter than you, get clients and an audience by adding value, and remember itâs hard and itâs supposed to be.
- Till next time.
Comments
Thank you brother đč
chambersjr
2022-11-30 20:41:58 +0000 UTC