Are you thinking of starting a side-hustle, a side- business? Now maybe the time to get going.
Here are 7 benefits of starting your side-hustle:
1) Teaches you how to make money on your own. Selling a product or service on the side of your regular job or schooling teaches you how to make money without relying on your employer to pay you every two weeks.
2) Helps you test out ideas that may become your business. Side-hustles are great ways to test out business ideas. You ran it like a small business on a part-time basis and if grows to the point that you can replace the income of your full-time job you can transition into running your side-hustle as a full-time business.
3) Build your customer base. Selling stuff on the side allows you to find your customers and build a list of people that want to continue to buy your product or service.
4) Build your brand. Should you choose, you can build your brand online and offline. This is a tricky one because you may not want your current employer to know about your side biz.
5) You will develop entrepreneurial skills such as managing your resources and time, putting the appropriate systems and tools in place and utilizing various resources.
6) Use the money from your side-hustle towards your entrepreneurial endeavors. The money you make can help you find a business idea and invest in your business.
7) Tax benefits. In many cases you can write off various business expenses of your side-hustle. Things like transportation, travel, and supplies related to your side-business may be eligible for tax benefits. Make sure to consult an accountant.
There are many benefits to having a side-hustle. If you have been thinking about leaving your job or you have thought about starting your own business, your side biz is a great way to test the waters, earn extra cash, and set yourself up for your transition in the entrepreneur world. There are many things that you may never have considered as a side-hustle that many people are doing right now. If you have been thinking about earning extra cash, now is the time to get started. There are tons of things you can do with minimal effort that will earn you extra cash and set you up to transition into becoming your own boss if you have that desire.
Here are two links to dozens of things you can do on the side to make money.
Starting a side hustle does take effort, finding your true passion and turning it into a thriving business takes A LOT of effort. It’s a difficult journey on your own, that’s why I am going to help you.
I truly believe this..
There’s something special about you, find out what it is and live it out loud!
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