Are you itching to earn that little extra spending dough?
The possibilities are endless, especially with Print-On-Demand!
According to Sarah Berger, of the 86% who say they earn extra money from a side hustle every month, 36% are making $500 or more.
That is additional income to have fun, pay off debt, and double savings.
For many millennials side hustle is an outlet to pursue a passion whether it is to pay off credit card debt or establish new connections.
Choose something that you enjoy or something you want to learn in the future.
Work Smarter Not Harder
As a side hustler, your time is limited. You cannot just abandon your current employer to pursue your side hustle. You commit to both.
Schedule every waking minute of your day to achieve success. Everyone is given the same amount of hours in a day. Plan it all out accordingly.
According to Bryan Tracy, it takes only about 10 to 12 minutes for us to plan out a day. This small investment of time will save you up to two hours in wasted time and diffused effort through the day.
Plan strategically. Instead of taking the full hour for lunch, you use half of your lunch break to better your side business.
Weekends are crucial for success. On Sunday, sit down and plan out your week to ensure a productive week ahead.
According to Stanford University, a study has found that employee productivity significantly declines once the 50-hour mark has been reached in a given work week.
Burnout is nothing to be joked about. A side hustle is a long-term haul, give yourself time to start seeing results. Take just 90 minutes a day to get you started on the right path to entrepreneurship.
Everything is planned, it’s time to execute. It’s becoming increasingly difficult to block out social media distractions in order to get things done.
There are many tools to help you focus on one task at a time. One of my favorite tools is an app called Forest. Forest keeps you focused on a specific project.
How it works? Choose a specific period of time to focus, as time goes by, your seed will gradually grow to a full grown tree. If you leave the app your forest will slowly begin to die.
Forest is an interactive app to keep you in check with family and friends. You can earn rewards and unlock additional trees.
Forest partnered up with a real-tree-planting organization to help plant real trees on the earth. Talk about accountability tool. You can download Forest either on the App Store or Google Play for a $1.99.
One of the ways to stay on track with your personal or professional goal settings is to use S.M.A.R.T goal setting method.
Your goals should be Specific, Measurable, Attainable, Relevant, and Timely.
Your goals should be precise not vague.
When crafting your goals, the first step is to answer the five “W” questions to achieve the maximum efficiency in your business.
What do I want to accomplish?
“I want to make additional income by building my e-commerce business.”
Why is this goal important?
“I want to be debt-free.”
Who is involved?
“Myself, Designer & Dropshipper”
Where is it located?
“Online & Fulfillment Center”
Which resources & obstacles involved?
“I know a Graphic Designer but have no income to pay the Graphic Designer”
How can you measure our progress?
“ Social Media Metrics.”
What metrics can you use to see if you are meeting your goals?
Your goal should challenge you but still remain doable.
Is this a realistic goal?
“Yes, it is.”
What are your financial constraints?
“I don’t have enough capital.”
That’s where CustomCat comes in, we eliminate costly set-up that ensures anyone can start selling authentic brand names to the world.
What are your obstacles?
Will your goal be worthwhile?
“I want to immerse myself in the e-commerce world.”
Does your goal support who you are and where you want to go?
“Go from side hustle gig to full-time entrepreneurship”
Consider setting short-term goals and long-term goals. Don’t spread yourself too thin. The long-term goals (6 months – 12 months) can seem far from the reach, which can lead to a discouragement.
The best way is to set a 90-day goal setting to keep you accountable and on track to your end goal.
Keep your head down and follow through your goals to become a financially independent entrepreneur. Get started today.