Your paycheck comes every week (or two weeks, month, or whatever) right on time. But how would it feel to get some extra cash on a random day between those checks?
That’s what working for yourself (or on your own terms) can do. You decide when you work, how you work, and ultimately how much extra money you make.
“Sure that all sounds nice” you’re probably thinking “but how do I actually earn that extra money?” That’s what I want to chat about today.
There are TONS of ways to start earning your own money. So if you want to start a side hustle, you don’t have to do something you don’t want to just because you think that’s the only way.
When I think of earning extra money the first job that pops into my head is a waitress. I know many servers and bartenders who make good money (some more than I do) and they only work part time.
But if you hate the thought of working with food and dealing with customers, then that’s OK! There are so many more options that will work for your skills and your personality, you just have to get creative and think a little deeper.
1.) Make a list of your skills.
Before you start applying for any part-time job you can find, think about those things you’re naturally good at. Maybe it’s something practical like writing or baking, or a softer skill like empathizing with others or being a natural leader.
By working with your natural talents, you’ll find you’ll make more money and have an easier time doing the work you have to do.
2.) Match your skills up to a side job or business idea.
Sometimes this will be easy. If one of your skills is refinishing furniture, start with one piece and throw it up for sale on your Facebook page.
If one of your skills is writing, you may have a more difficult time turning that into a business idea. There are tons of ways writers make their own money and can include freelance writing, writing a novel, blogging, etc.
Look at your skill list and think of different ways you could use those skills for extra money. Some will be obvious and some will take some extra thinking or a quick Google search for ideas.
Is one of your skills writing? Blogging is an awesome way to monetize that skill! Click here to get on the wait list for the best blogging course out there.
3.) Test the market.
Now that you’ve brainstormed all those things you’re naturally good at, take a look at the list and start weeding out some ideas. If one of your skills is “sewing baby hamster clothes” you may want to see if there’s a big market of hamster owners out there looking for outfits before you start your own Etsy shop.
One thing people get wrong is assuming that if there’s a ton of other people already doing what you want to do, then it’s too late. There’s tons of other personal finance blogs out there, so why would people care about yours? The fact is, competition is a good thing, and if there are other people already doing what you want to do, then you know there are customers out there already willing to buy what you’re selling.
4.) Just try. Your first time is going to be terrible and that’s OK.
So many people get hung up on needing everything to be perfect that they never start or they take WAY too long to put themselves out there. Let me say it:
IT. WILL. NEVER. BE. PERFECT.
Take blogging for example — I didn’t tell anybody about my blog until I had already been working on it for a whole year. I wanted every little thing to be perfect before I announced it to the world (aka my Facebook friends.)
When I finally did announce it I was terrified of what people would say. I was sure I’d be judged for trying something different or everybody would just ignore me. The reality was I got lots of good feedback and many of my friends sharing my blog with their own friends. But even if I’d shared it before I thought it was “ready” I’m positive I would have got this same response.
Even since my grand debut I’ve changed my blog about a thousand different times and will probably keep tweaking it for as long as I blog. So don’t wait forever like I did — just put yourself out there and start building your side hustle faster!
Are you ready to start a side hustle?
The biggest takeaway here is to just get started. You NEED to create extra income streams even if you love your day job and plan on being there forever. The future is uncertain and you never know when your life may change drastically. Even if nothing ever happened to your day job, extra money is always nice right??
By using your natural skills to create a side business you’re good at, you get to set your own terms for how you make extra money. So stop thinking about it and just start, RIGHT NOW! I promise you won’t regret it.