Why a ‘side hustle’ and a full-time job can co-exist

So many of us are exploring our options to earn an income in new ways than ever before. The popular ‘side hustle’ is becoming more common as people explore possibilities and opportunities beyond the traditional 9-5.  For those who don’t know, a side hustle is simply a business venture or side business that you do in addition to your full-time job.

If you’ve ever wondered what it would be like to, take that passion you have for, i.e. making jewelry, baking savory sweets, painting for fun, etc. and want to create a business out of it, then dipping your toe in a side gig without completely leaving your full-time job, can be the perfect opportunity to share your passion and make money while doing so.

If you do what you’ve always done, how will you know what else you can do?

In one of my coaching sessions recently, I had a client of mine talk to me about a side hustle she created at a time when she was in between jobs. She was challenged on if she should continue to manage it as she recently landed a new job at a non-profit organization.  Well, congratulations were in order to celebrate landing a new job, and while she was over the moon excited, she was struggling on if she should continue developing her side hustle.

So, we explored this further as she really wanted to make it work given the time already invested in it.

While we covered this topic in greater detail, here are a few things we talked through.

What’s important about your side hustle?

Her side hustle is being a fitness coach.  She’s devoted to health and wellness for her own well-being and wanted to serve others in the same way given her own personal struggles and how she was able to change her life.  She realized it was important for her on a much deeper level, then just making supplemental income and trying something new.  This was an awareness we uncovered that helped her see how much of a priority this was for her.

When you envision yourself working as a fitness coach, how do you feel?

This was another great awareness for her.  When she described herself working with clients, she felt empowered, strong, and like she was making an impact in people’s lives.  It brought a sense of fulfillment she hadn’t felt in years. She loves the feeling behind doing this work and it was far more rewarding than she could have imagined.

What’s the cost of doing nothing at all?

Aside from the obvious (not feeling the fulfillment she got from being a fitness coach) she felt as though she will have wasted the investment, she already made in creating her side hustle.  She started this business venture with the intention that it would be a small, hobby like business and an opportunity to give back in a field that she personally had attributed much of her own personal transformation to.  To abandon it and not do anything, would mean to let go of her initial investment and personal fulfillment she got from it, along with losing a few clients she was already supporting.

What would success look like?

Success for her would be devoting 5-10 hours/week on her side hustle, maintaining her new full-time job and having enough energy and time to do both without compromising the other.  She could scale back or do more as needed with flexibility, the financial investment was manageable, therefore not having to make any risky or large investments.

From here, we explored options she came up with on how she would continue to develop and grow this side hustle of hers in the midst of a new job.  They aligned to the ‘WHY’ behind her side hustle which for her, was more important then just tapping into her creative potential. 

A side hustle may not be for everyone, but if you’re even the slightest bit curious or pondering taking on a new challenge, it’s a great opportunity to explore a creative venture, generate supplemental income and it’s a safe investment as you don’t have to leave a full-time job to do it. Unless of course, it turns into something where you want to!  More importantly, it can re-ignite a fulfillment you may not be currently feeling in your full-time job and reward you in ways you never would have expected.

Take a chance, test the waters, get out of your own way and try something new.  Besides, how will you know what else you can do, if you’re always doing the same thing?

When turning down a MAJOR business opportunity is the RIGHT decision

These days, so many of us have a ‘side hustle’ in addition to a full-time gig OR you may just be a straight up entrepreneur and that’s all you’ve ever known. The corporate gigs haven’t been your thing and you only know how to work for yourself, following your dreams whether through a product or service-based business.

Maybe you’re on the other side of that and have been in a full-time job and have made the decision to leave and pursue a business of your own. (yay! Koodo’s to you)

While the better part of my career has had me focus on people and cultivating relationships with all sorts of talent, I’ve learned on my personal journey how important marketing is to any business.  Regardless of your path as an entrepreneur or small business owner.

Continue reading “When turning down a MAJOR business opportunity is the RIGHT decision”

Got a plan? Great – now forget about it! 💯

Have you ever felt like you wanted to explore, take an adventure, use your time however you wanted to without having a plan and just… go with the flow?

Last week I was traveling on business and knew that my week would be hi-jacked with a 3-day meeting with no time to do anything but talk about – well business.  Numbers YTD (year to date), account developments, what we were trending for end of year objectives and discuss what are some initial thoughts were for 2019.  ✍

What that meant was this was another week of heads down, working away, planning how every minute, hour and day was being spent to cram everything in.  How often do you feel you need to plan for every moment, every work day, every weekend?  I know you’re used to planning as much as I am – we all do for the most part and believe me, I LOVE a good plan in my business and in my personal life.  It’s a part of life, it helps keep us on track and ensuring we’re working towards our goals and completely natural.

Continue reading “Got a plan? Great – now forget about it! 💯”

Lack of Resources? You’re not doomed to fail if you just consider this!

You’re in the early stages of your business and don’t quite have the funds yet to invest in ALL the resources you’re anticipating you need.

So how do you decide what to invest in and what to hold off on?  There’s the obvious that comes to mind that people instantly consider – technology, people, marketing, social media, etc.

Continue reading “Lack of Resources? You’re not doomed to fail if you just consider this!”