Start a side hustle keeping your day job – The rise and downfalls of side hustlers

We are all ready to earn some extra money besides our full-time job. Whether it be via an online business, freelancing, or blogging, there are ample opportunities available. When it brings some extra money to our monthly income, we call it a side-hustle. Side-hustles are a fantastic way to earn extra money, but aren’t the easiest to succeed in.

When you are no longer entirely dependent on the income from your day job, a side hustle can help you to maintain a lot more financial freedom and flexibility. In a study by Caunce O Hara, it was found that from 1000 part-time entrepreneurs, 59% of survey participants earn between £500 and £2500 monthly with the help of side-hustles. However, when choosing a side-hustle, you should keep the following queries in your mind:

  • Do you have to overburden?
  • Do you want to invest financially?
  • Do you have sufficient time?
  • Do you enjoy doing it?
  • Are you ready to start?
  • Are you prepared for failure?
  • Don’t forget about your day job

Should you start a side-hustle to make money?

A side-hustle should be built on passion, acting as a creative outlet for you to get closer to your dreams. Finding your passion is definitely not an easy road- our lives are filled with noise, obstacles, and distractions telling us what we should and shouldn’t be doing. It’s easy to get caught up in the rat race- if you are itching to find your passion, it may be time to make some changes.

Benefits to turn your passion into a money-making opportunity

  • Enhance your career.
  • Growing your network.
  • Developing a creative outlet.
  • Increase your income.

The ideal side-hustle is one that you appreciate doing. It could start as nothing more than a passion project and change into a money maker. Ideally, your side-hustle will bring you more happiness than irritation along the way.

10 Side hustle ideas to make you your first £1000 Per month

A side hustle is a method for bringing in cash outside of your regular work. It allows you to make more money that will give you the freedom to chase your passions, buy things you need or want, and forget about your financial worries.

A 2017 career builder overview saw that 32% of all workers have at least a part-time job or business on top of their regular job- this figure is rapidly increasing and showing no signs of slowing down. You can start a side hustle to make a couple of additional hundred or thousand pounds per month.

Here is a List of some Side hustle ideas

  • Sell Information Products
  • Become an Instagram Influencer
  • Start a Wholesale Business
  • Begin Freelancing
  • Become an Affiliate Marketer
  • Become a Virtual Assistant
  • Start a Dropshipping Business
  • Launch a Print on Demand Store
  • Start Blogging
  • Sell Your Photography
  • Get a Part-Time Job