Wealth Building

The Best Side Hustles Accomplish This In 20206 min read

Reading Time: 5 minutes Wondering about what all the hype about the side hustle is, if you should go for it? Most importantly, how can you choose your perfect fit from all so many!

June 26, 2020 5 min read
Side Hustles

The Best Side Hustles Accomplish This In 20206 min read

Reading Time: 5 minutes

Side Hustles are the extra work you take on alongside your regular full-time job in the hope of earning some extra money. In these times, most permanent jobs don’t pay enough. Often, the whole salary gets spent on fulfilling the basic necessities. Again, not everyone has the ability to drop a secured job, a guaranteed life for pursuing their own business. Starting a full-on business requires money, and also comes with the risk that everything might shatter. Without having to invest a lot of money, and taking a massive risk, side hustles are the better choice for your extra income. There are innumerable Side Hustles you can choose from.

  1. The Ultimate Side Hustle Book: 450 Moneymaking Ideas for the Gig Economy by Elana Varon
  2. 100 Side Hustles: Unexpected Ideas for Making Extra Money Without Quitting Your Day Job by Chris Guillebeau

Distinct Benefits of Side Hustles

Aside from the financial advantages, there are more reasons why a Side Hustle is right for you.

1. Retrieve the Passion

While your day to day job might be something you do not enjoy, instead, you are doing it just for the money, you can start doing what you love for the side hustle. At this age, there is nothing you can’t sell or earn money from. You just don’t know the right tactics for utilizing it.

2. Learn and Experience

There is no better way of learning than experiencing something live. Starting a side hustle means you get to learn, understand, commemorate a lot of new things every day. You will get to know this world and its systems better than many just by doing a job of your own.

3. Break Free from the Chip on your back

Yes, we all have that Chip or bug or whatever you might call it, that restricts us from going out of our comfort zone. Many can just overcome it by themselves, break past the procrastination, but most can’t. Side Hustles is a great way to get rid of this Chip, and honestly face whatever comes on your way.

4. Self Development

In regular jobs, one mostly needs to perform the same sets of works. This restricts one from acquiring new skills, be more into self-development. If you start a side hustle, it will force you into learning new yet required skills, be up to date with the trends.

5. Motivation From A Sense Of Purpose

Do you often feel tired of all the office work? Do you wonder where all the energy went away all of a sudden! Most probably it is because the full-time job is tedious for you, you don’t find the right reason in your heart to do it. On the other hand, if you start working on your passion, the things you love, you will find a purpose in you to continue it with dedication. This will give an energy boost!

6. Relieve from all the mental stress

Office environment might be toxic, you might go through a lot of mental stress from all that. You might not even have balanced, calming sleep. Still, if you start working on jobs you love after coming home, you will quickly forget all these toxicity.

7. Connections and Thus Opportunities

Most importantly,starting something new means you will always meet new sets of people. While on the corporate job, the connections do not tend to be that close as the office is the mutual connection point, but in the side hustle, the links are all you own. The relationship might even extend to friendship.

Through friendship, relationships, the chances are you will find new opportunities!

Choosing the Right Side Hustle:

1. Find the Right Reason

You need to first identify what’s the purpose of you starting to do something on the side, what is the goal, and what do you expect from it? It can be something to have as a base after retirement, it can be strictly for the money, or to do something that you enjoy.

2. Analyze Your Hobbies, Skills, and Talents

Rather than jumping to what the trend is, you should understand what your capabilities are. If you are looking for something to enjoy, focus more on your hobbies. If it is for money, it would be better to focus on the skills and talents you already possess.

3. Explore and Choose From The World of Side Hustles

Gather up as much information you can on all the possibilities. Go through the ideas, think in-depth about how they can be executed, learn if there are any stories behind those ideas. Now, you might find all this information on the internet, but it will be a lot of hard work, and fact checkings, cross matchings, etc.

So to ease your exploration and to understand about the many side hustles you can choose from, we recommend going through the following books:

  1. The Ultimate Side Hustle Book: 450 Moneymaking Ideas for the Gig Economy by Elana Varon
  2. 100 Side Hustles: Unexpected Ideas for Making Extra Money Without Quitting Your Day Job by Chris Guillebeau

From all these ideas, choose the ones that you believe in, that intrigues you. Also, make sure the hustles can actually be managed as a side job during your off time. That is, the work time can be flexible, and it won’t hurt to miss working on it once in a while.

You should also make sure the side hustling will actually open the door to extra incomes and opportunities. Ask the people around you if they would be interested in paying for the product or service you are about to offer.

Why We Recommend these Books

The Ultimate Side Hustle Book: 450 Moneymaking Ideas for the Gig Economy by Elana Varon:

This book is all in all for ideas. The author has done a great job researching so much data and putting together a massive list of ideas. These are great for side hustling, also work as business plans. Yes, all proposals will never suit a single person. Instead, this book can act as an encyclopedia for all. All the 450 ideas have been explained beautifully along with some practical examples, and success stories. Elana Varon is a wise veteran, she has worked on research for over 2 decades, that too specializing on people’s job changes and prospectives. She has also worked in multiple industries, including Adobe, HP, and Mashable.

100 Side Hustles: Unexpected Ideas for Making Extra Money Without Quitting Your Day Job by Chris Guillebeau

While Varon focused on quantity, Guillebeau explored the real life of human beings. Chris Guillebeau has also authored New York Times bestsellers The $100 Startup and The Happiness of Pursuit. He has his own podcast, “The Side Hustle School,” ongoing for quite a long time.

In this book, he has analyzed the ideas for side hustling as in-depth as it can be. He combined ideas with inspiration and elaborated tips, strategies on how to channel the thoughts into action. The most fascinating factor about the book is that all the plans feature a real-life example, success stories of people like you and me, the regular people.

Conclusion

Side Hustling doesn’t necessarily have to be about extra incomes, it can be something to give your mind a treat. It is not wrong to earn a little something extra while doing it! In this fast-paced world, side hustling can be a great way for you to stay ahead of the bunch, and it may give you an extra advantage. There are thousands of options for side hustles, make sure you find the right one, at the right time, in the right way!

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