Have you already found a side hustle but are not sure how you can keep it going? Or perhaps you have one but its stagnant and not bringing in as much money as you thought it would bring? Well, the good news is that we have answers. In this post, we show you the top five ways you can break that funk and take your side hustle business to another level.
Several people have used these tips, and they attest to how their monthly income has grown from zero to over $10,000 in just a few months. Still, you have to ensure maximum discipline and determination to see this revenue increase.
In this guide, we will show you how to start your side hustle and replace your 9-5 job. If you have a side hustle in place already, we will show you how to grow and make more profits. Read along with us and let’s go through some of the hacks that will help you earn more money.
Manage Your Time Effectively
This might sound cliché, but, really, how well do you manage your time? With social media in place, most of us waste time on Facebook or Instagram instead of using it to grow our business. I know it is quite hard to be disciplined and focus on your side hustle, but if you want to see results, you have to be better yourself.
Look back and figure out where all your time is going. Is it social media? Did you spend it watching movies? After getting the answers to these questions, start making adjustments and allocate the appropriate amount of time for your business. If you are serious about scaling up your business, then you have to manage your time effectively.
Follow The Famous 80:20 Rule
Also known as the Pareto Principle, it states that 80% of our results come from 20% of the efforts we put in. With this, when it comes to our side hustle, only a small percentage of work is bringing in the results you are seeing. As such, concentrate on these efforts and give them your all. Going back to our first tip, if you can manage your time quite well, then this should be a walk in the park; the two go hand-in-hand.
Plan For At least One Hour Everyday
Take the first hour every morning to plan your business. Consider your business, get a notebook and pen, and go the old-fashioned way. If you feel that your phone or the TV will distract you, then switch them off for an hour and concentrate on what you want and how you will execute your plans. Like everything else, if you are serious about achieving your goals, you need to plan. In the beginning, planning might not easy but as time continues, you will get the hang of it.
Emulate Successful Business People
You probably have a mentor, and that is a good thing. If you don’t, find someone you can emulate. Look at the successful businesses within your community. Find out what it is they do differently and follow that. This is a proven way to scale up your side hustle, regardless of the kind of business you are in.
Make Use Of Email Marketing
Regardless of your side hustle is, if you are not building your client list, then you are just wasting time. Sending out emails is the only way your clients will know that you are still in business. It is also the only way they can keep being hooked on your services. Always strive to engage with your audience and build a relationship since most clients tend to buy from sources they trust.
If you have been looking for ways to scale your side hustle income, we hope this post has given you some insight. Though some of these tips are not easy, with determination and hard work, you will be surprised at how much you can accomplish.