What is a side-hustle? For those not familiar with the term, a side-hustle is a way for somebody to make some extra cash outside of their full-time job, and also pursue something that they are most interested in. This could be teaching fitness classes at the weekend, setting up an Etsy shop, giving lessons on coding at a night school or even being in a band.
Having a side-hustle is becoming increasingly popular with young people, in particular millennials – and I think that’s great. In fact, if you don’t have a side hustle, I encourage you to get one – as it can be a great way to delve into what you most care about without quitting your day job.
For me, having a side hustle isn’t about the money.
Sure, if I can earn some extra cash then that is great, but personally I look at it as doing something productive with my spare time, something that is totally different from my 9-5.
My side-hustle is this blog, and I chose to do this because I love writing. I love getting my thoughts down on screen, writing about whatever pops into my head, and nothing compares to the buzz I get when I receive comments from people who have read my posts. The idea of having my own little corner of the internet really appeals to me – and I love how I can put my energy into something outside of work as it keeps my creativity flowing and something to build on that is completely mine. I’m definitely not one to keep all my eggs in one basket – I like having lots of interests and lots of projects to work on.
So what are the benefits of having a side-hustle? And why do I think that they are so important?
You’ll meet new people. Whatever your passion is, there will be an opportunity to mix with like-minded individuals when hustling. This might be online, or in person, but either way it’s a great way to make some new friends.
You’ll enjoy your day job more. They say that variety is the spice of life – and having other interests outside of work will give you a better work/life balance, meaning that you can hopefully switch off easier and come into work each day fresh with new ideas. Putting all of your energy into one thing can lead to boredom – having a side project will minimise the chances of this happening.
You’ll learn new skills. Whether it’s a new Adobe app, how to file your taxes, or even self-confidence – having a side-hustle can open the door to learning a new set of skills. You could even bring that skill set into your day job. For example, if you are starting a YouTube channel and need to learn how to edit video – you could practise by making some short clips for your company’s social media channels.
You’ll have a back up plan. If things go really wrong, then having a side-hustle is a great safety net – especially if you are making some income doing it. And even if you’re not, having a side project is a great thing to add to your CV – which could potentially make you stand out from the crowd at your next job interview.
You’ll learn time management. Working on something outside of work means managing your time effectively, and setting yourself deadlines and goals. Think you don’t have enough time? You can read my post about how much time we really have in a week here.
You can make some extra cash! Who doesn’t like extra money? If you are putting your heart and soul into your side hustle, and are becoming the expert in what you do – then there is no reason you shouldn’t get paid for doing it. Even if you only make enough to cover your travel/hosting/coffee habits, being paid for something you love is pretty awesome.
Having a side-hustle has so many benefits – in my opinion everyone should have one. Reap the rewards and see for yourself.
Do you have a side-hustle? Or are you thinking about starting one? I’d love to know what you think in the comments.