Why A Side Hustle Is A Great Opportunity For You

  • November 27, 2018

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Why A Side Hustle Is A Great Opportunity For You

Have you considered starting a side hustle?

If you've ever thought of starting a side business, but not sure how, check out today's contributed post.

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We’ve talked a lot on this blog about how a side hustle can be a great opportunity for just about anyone.

Nonetheless you may still be on the fence about it. No matter how many side hustle success stories you have and no matter how many great ideas you have for potentially lucrative side businesses, you’re still unsure whether an additional enterprise is for you.

While we all have different personal, financial, career and familial circumstances, if you have the ambition, the drive, the discipline and the “success mindset” required there’s a great chance that a side hustle would be a worthy pursuit for you.

Nonetheless, it is of particular benefit for you if you fall into any of the following groups.

Related to taking advantage of side hustle opportunities:

You want more money but hate overtime

You could be forgiven for thinking that if you’re just looking to make a little extra money then overtime is the best side hustle.

However, a side hustle is about more than making money. It’s about creating your own opportunities in a world where nobody is prepared to offer you any. It’s about showing the world your spirit of enterprise and endeavor. It’s about pushing beyond the limitations of your day job.

What’s more, since you’re taxed on your profits and not your income when you run your own business, you could potentially make more money with less tax liability, especially if your startup incurs a lot of tax deductible expenses.

Thus, if you want more money but hate the idea of more time spent at work a side hustle is a far more rewarding revenue stream.

You’re a former offender and find it hard to get work

Speaking of opportunity, it can be very hard to come by opportunities if you or someone in your immediate family has been convicted of a crime.

Even if you’re currently working with an appeals attorney to get a conviction overturned, it can cause doors to slam shut in your face.

A side hustle, however, does not discriminate.

It allows you to create opportunities for success, no matter what mistakes you may be in the process of atoning for or what baseless accusations have been made against you.  

You hope to someday run your own business

A side hustle needn’t always remain on the side. It’s also a great way to segue into full-time entrepreneurship.

For many, a side hustle is a great way to start developing their brand, establish their online presence, work on some content marketing materials like blog posts and videos and begin trading to lay a strong foundation for future business success.

You want to make money from a creative outlet

There are few things more frustrating than being able to make good money from a creative discipline.

Whether your talent lies in painting, graphic design, writing or acting, a side hustle is a great opportunity to make money from your talent without the financial pressure of having to make a living out of it.

Whether you’re monetizing your blog, selling your artwork on Etsy or spending your evenings on a movie set or on a stage, it’s a great way to make money and feel creatively fulfilled.

So, what are you waiting for? Start hustling!

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