COVID-19 is a virus that has spread quickly and disrupted society. It has impacted people living in different areas and working in different industries, all of which have had to make some changes because of COVID-19 and the need for an antivirus.
Rather than contracting in fear, this is the perfect time for you to spread your wings and get a small business off the ground. If this trying time has shown you anything, it’s that life as we know it isn’t inherently stable.
When you start your own business, it helps you take back some of your control. Starting a side hustle is more possible than ever with the following tips.
Four Steps for Starting a Side Hustle
I’ve said it before and I’ll say it again: COVID-19 is the perfect time to start a side hustle. Don’t let this full-time commitment get in your way of exploring your passions and making money while doing so.
There are three simple steps that you can take to start a side hustle during COVID-19 that will allow you to work on something you love, make money, and most importantly, feel satisfied with what you do with your time!
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1. Figure out what you want to Do – COVID-19
This may sound like an easy step, but many people don’t know where they want to start. The best thing for this step is to brainstorm all of the different things that could be enjoyable for you, and then narrow your options down by considering what you need. Each person’s needs will vary from one another, so make sure to take your time when deciding what will work best for you!
If you’d like to start a side hustle, there are three important tips that you’ll want to follow. Here’s how you can get started:
2. Master Your Time Management and Keep Your Day Job
Man or woman, entrepreneur or employee, no matter your socioeconomic status, we all have the same 24 hours in a day.
Let this linger in the back of your head when you say you don’t have time to start a side business. Time is your greatest asset if you use it as such the surviving during COVID-19 won’t be hard.
So even if you don’t immediately have any business capital for your side gig, you still have your time. Master time management so that you can set aside just a few hours each day to start your business.
Keep your day job so that you have a consistent income and don’t put too much pressure on your side gig right away.
3. Choose a Hustle That Gives You Residual Income
You also have to choose the right gig if you’re hoping for success. There are some easy side hustles that you can consider.
No matter which side gig you start, make sure that it brings you residual income. When you have residual income, you can get paid for the work you’ve already put in, and not just what you produce day by day.
You can sell e-books, monetize a podcast, sell a course, and all sorts of other gigs that can build a strong residual income stream.
4. Don’t Expect Instant Results or Gratification
You have to put some time into your side gig, rather than expecting it to automatically pay you. Every business is a labor of love, so don’t put too much pressure on it to automatically become a big earner.
Starting a blog is the entry-point of many small businesses. You can grow your following with the blog, and then use these marketing efforts to start selling products. Before you realize it, you’re already surviving during COVID-19 won’t be hard.
Other side gigs involve building your social media presence. If you build toward the future instead of expecting it all right away, it’s easier for you to grow your side gig correctly.
Get Your Side Hustle Off the Ground
Entrepreneurship is all about risk-taking, hard work, and management. You also need to be passionate about your idea and believe in it enough to make it happen.
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If you think you have what it takes to take on this challenge, read on for some tips that will help you get started.
These tips help when you’re starting a side hustle. COVID-19 is the perfect time to get this business off the ground!
You have what it takes to be an entrepreneur if you follow these steps. Come back when you need more info on business and digital marketing.
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