Have you decided to jump onboard the side-hustle train yet?
A side hustle is a business you run in your free time that allows you the flexibility to pursue what you’re most interested in. A side hustle is a chance to dive into fashion blogging, jewelry-making, career coaching, or whatever else you’re passionate about. All while keeping your day job and paycheque.
If you haven’t read my post on why you should have a side hustle check it out here!
Below I’m sharing 7 incredible benefits of having a side hustle that will make you want to become your own CEO, #girlboss or creative entrepreneur right now!
1. Creative Outlet
A side hustle allows you to be more creative than your traditional full-time job. Have you ever watched a child play with Lego? They are so creative! But as they grow up, society crushes most of that creativity. It’s replaced with the pressure to make money and the need to have a ‘grown up’ job. Whatever that means.
But a side hustle can re-awaken your creative side!
So whether you love to do DIY projects at home, build furniture, or create music, a side hustle could allow you to sell those DIY projects on Etsy, sell your custom-made furniture, or become a music teacher.
Turning something you are truly passionate about into a side hustle lets you have a creative oulet while also earning some money on the side. That’s what I call a win win situation!
2. More Productive
Having a side hustle increases your level of productivity greatly.
On the days where I get to work on my side hustle I wake up full of energy, ideas and passion. I feel far more productive because I’m doing something I enjoy, plus I’m working towards reaching my financial and life goals. Productivity is a funny thing. I find the busier I am (or think I am) the more stuff I get done, especially when I love what I’m doing!
3. Extra Income
If you are constantly stressed out about living paycheque to paycheque, having a second (or third) stream of income is obviously one of the biggest benefits to having a side hustle.
I mean, that’s really why we hustle right?
Making an extra income will help you pay off student debt, save up for a downpayment on a house, pay for your honeymoon or save for your emergency fund. Whatever it may be, earning some extra money on the side is always a good thing.
Through having a side hustle you will be able to achieve your financial goals quicker and it can often snowball into more wealth down the road.
4. Back Up Plan
I’m sure you’ve all heard the saying ”never put all your eggs in one basket”.
Well it’s true!
So why would you only rely on one stream of income to pay your bills and support your financial goals? The job market is not very stable these days and you could lose your job with not much prior warning. By having a side hustle you are ensuring you have some sort of back up plan in case something unpredictable happens. It’s your safety net and your Plan B if your main source of income doesn’t pan out.
5. Learn Something New
This is one of my absolute favourite benefits to starting a side hustle!
No matter what side hustle you decide to pursue, you will increase your skills and grow as an individual. When I started blogging I had no clue what I was doing. I had never used WordPress or even heard of SEO (search engine optimization). E-mail marketing, what’s that?
While I still consider myself a rookie in this blogging world, I have learned some useful skills already. And I’m proud of that. A side hustle is a constant work in progress and it will only be successful if you’re willing to continue learning.
If you want to start your own side hustle business there is nothing better than an entrepreneurial venture to teach you a million new things. From creating a website, to learning about SEO, to networking, you’ll be adding new skills to your toolbox left and right.
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6. Get Out Of Your Comfort Zone
Starting a side hustle means leaving your comfort zone and putting yourself out there. You are trying new things and meeting new people.
I’m a big advocate of getting outside of your comfort zone. Why? Because it’s the only place you will grow. As one of my favourite quotes goes:
Great things never came from comfort zones.
7. You Might Discover A New Passion
Many people start a side hustle business to earn a second income and then discover that this is what they are truly passionate about.
Turning something that’s currently a hobby, into an income generator is a sure way to make you dedicate more time to it. Even better, you might discover new interests along the way.
It could lead you to your dream career, your dream home or allow you to retire early.
You never know where a side hustle might lead you, but it’s worth finding out!
Have you had success with a side hustle business? Please share your story below!