Joel Young made an incredible $1.5 million dollars from his side hustle of being a voiceover artist in a decade of work.
And this got started when Joel and his wife Jenna were in $50000 debt while Joel had a day job to take care of running expenses as well.
Enough reasons for why people don’t put an effort into building a “Side Hustle”.
The best part is we haven’t even started yet with the amazing success stories of billionaires who made fortunes from their side hustle businesses.
So, what is a side hustle business and how to start a side business of your own?
A side hustle is hustling to make money in addition to your primary source of income. Side hustle derives its meaning because you hustle (work for) towards building another source of income along with your main source of income, which can be a day job or a regular job.
What we will be talking about are side hustle businesses that you build online from the comfort of your home which makes money online over time.
Here are some of the awesome resources to begin with:
Start Your Side Hustle From Here
3 factors on How to start a side hustle business of your own?
All you need initially is an idea to start with. The idea could be something that has your interest attached to it.
Following factors are equally important along with idea to decide how to start a side hustle business of your own:
What are the skills you are good at?
If you are good at writing you can consider being a freelance writer or even start a blog to make money out of it.
If you can manage pins for others on Pinterest you can consider making money as a Pinterest Virtual Assistant. This is a creative field and you can create pins and manage accounts for others on Pinterest.
Do you like to animate stuff? If yes, why not offer your services as a 2D or 3D animator.
The options are endless once you understand your skills and what you are good at.
Do you love what you are hustling for?
If the answer is YES, you are definitely on the right path.
Because even if it doesn’t make money for you initially you are definitely gonna stick to it till you find success in it.
This is the one of the reasons why MOST people fail to continue for long.
Validate your idea for profitability of a successful side hustle
Something which is a great idea and you love it, but with no profitability expectation won’t sustain long.
Simply because there is “NO MONEY COMING OUT OF IT!!!”, what’s the use of being considered even a side hustle in the first place?
Thus it is very important to be in the sweet spot of conjunction of all for a successful business, i.e.
- Love for the work and
- Profitability of the project.
You can definitely look for others who are into the same hustle as you are into to validate your idea. If you find others who are doing well, you are good to go for your own side hustle💪
So what are you going to hustle for?😎
Some common FAQ’s
A side hustle business is typically a business created with an extra effort to build another source of earning in addition to your regular primary source of earning.
Absolutely, it is worth all the effort to set a side hustle. This can be a great source of adding multiple sources of income providing financial security, help to settle debt (if any), can create wealth over time and much more.
Making money from side hustle involves a lot of aspects such as type of side hustle, monetization aspects, market for the business and a lot more.
For example, a side hustle as a blogger can have possibilities of making money from ads, affiliate networks, selling your own digital products etc.
A good side hustle to make money is the one which is a conjunction of 3 things, i.e. your idea, love for the work and profitability of the business.
Starting a side hustle from home would technically require a reliable internet connection and a laptop, if it is something you are working upon online.