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Chapter 1: Get In The Right Mindset To Start A Side Hustle
Many people start off so excited when they see a side hustle opportunity they think will be a good fit for them. They make plans and think about how they’re going to spend their extra cash, or how they’re going to quit their jobs the moment their side hustle takes off.
But before they even get halfway to success, they give up all of a sudden. They make excuses as to why their side hustle isn’t working. They’ll tell themselves that their day job is easier because they get a steady paycheck every month. They’ll try to convince themselves that they’re happier at their day jobs anyway.
The right mindset
Many people have what it takes to succeed. They have the skills and the talent to do so. But the moment life throws curveballs their way, they give up and quit chasing their dreams.
Why is that? Did they not want their dreams badly enough? Do they really like their lives the way it is right now? Maybe, maybe not.
The answer actually lies in people’s mindsets. Not everyone’s cut out to hustle and take actual charge of their lives. When you hustle, you’re taking control of your life and you’re stepping out of your comfort zone.
The thing is some people are content with whatever they have going for them at the moment. They don’t have that drive, that burning passion to see their dreams come to life. And that’s okay, that’s their prerogative, their choice.
Perhaps they’ve become jaded and cynical. They’ve seen far too many people fail, and only a very small minority succeed, so they think they just don’t have what it takes to beat the odds. In their minds, they’ve already failed.
But you don’t have to follow in their footsteps. You don’t need to feel the same way. You don’t need to feel discouraged every time you hear about someone who’s failed at their side hustles.
You control your mind
The human mind is amazing. It can either push you to go after your dreams no matter what it takes or bury it long before you even do anything about it. But your mind and your thoughts aren’t independent of who you are as a person. The truth is, YOU control your mind. Your mind doesn’t control you!
With that said, if you want to change your life for the better, then you need to get out of your comfort zone. You’ll never see success if you keep on doing the same things over and over again.
When you enter the world of side hustling and entrepreneurship, you need to change the way you think. If you’ve got a negative mindset, then you absolutely must change it to a positive one.
If you don’t, then you’re never going to get anywhere, you’ll be stuck doing the same kind of jobs until you die. The same jobs that give you an uncomfortable, mediocre, and ultimately, unhappy life.
Know your “why”
If you want to succeed in your side hustle, then you need to, first of all, understand your “why.” Why do you want to succeed? Who are you doing it for? What are you hoping to achieve with your side hustle? More money? Freedom from the rat race?
Whatever the reason, you need to always remember your “why” because it’s going to be an uphill battle to success. There will be times
when you’ll feel so tired, when you’ll feel like the world is conspiring against you to fail. You’ll feel like your side hustle is not bringing you any closer to your goals. When that time comes, remember your “why” and you’ll feel your motivation come back.
Chase the right goals
Your mindset plays a critical role in your side hustle success. If you don’t want your dreams badly enough, then perhaps you’re chasing after the wrong goals?
You need to get your mindset right before you attempt to do anything. If you don’t, you’re going to be suffering for months and years, wondering why you can’t muster the motivation to do what needs to be done. You’ll only be delaying your success, and every step of the way, you’ll feel like your feet weigh a ton and is dragging you down!
However, if you’re chasing after goals that you’re passionate about and you’ve got the right mindset for it, then you can expect different results. This powerful combination is what separates successful side hustlers and entrepreneurs from failures and wannabes.
So, take the time to get to know yourself, prepare your mindset, and ask yourself if you’re ready to take on one of the biggest challenges in your life.
Chapter 2: Take Inventory Of Your Special Skills And Talents
You’ve probably got a lot of skills and talents that you can put to good use. But since you’ve got a limited number of free time (provided you work full time at your day job), then you need to choose a profitable side hustle that will help maximize your time.
How do you do that?
Well, for starters, you can take an inventory of your special skills and talents. You can start by writing down your work experiences (paid or not), and then write the skills you used to do those jobs. If you picked up any random skills along the way, write them down as well.
This process is important so you can identify which opportunities are going to be a good fit for you. You can then further analyze the marketability and demand of your skills because as you probably know, not all skills are created equal.
Low-level vs. high-level skills
General and low-level skills probably aren’t going to get you an extra thousand bucks right away. You’ll have a ton of competition since there is a relatively lower barrier to entry, meaning a lot of people can do these easy side jobs.
On the other hand, if you choose a side hustle which requires higher-level and more technical skills, then chances are, you’ll have less competition. Depending on the demand for those skills, you’ll be able to bring in more extra cash each month than a low-skill side hustle.
For instance, let’s say you’re pretty skilled at babysitting, copywriting and designing websites. Which of these side hustles do you think are going to be most profitable?
With babysitting, you don’t really need special skills. If you love babies and you’ve got a way with them, then you can easily become a babysitter. With this logic, anyone looking for a babysitter can theoretically find one quickly, provided, of course, they pay competitive rates.
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