Why now is a good time to start a side hustle

If you've been waiting for the 'perfect moment' to launch your idea, the time is now
Amal Alshamsi
by 
Amal Alshamsi
Why now is a good time to start a side hustle

With the ongoing cost of living crisis and COVID-19 throwing off the job market, there has never been a better time to start a side hustle. Secure your finances this year by building alternative financial streams and tapping into ventures that people need. 

If you still need a push to start your own business, look no further. Here are 5 reasons why it’s a perfect time to launch your side hustle: 

1. Secure your financial well-being 

Launching your side hustle allows you to diversify your income so that you’re not totally reliant on your job position. As you build up your business or part-time venture, especially if you follow our low-cost strategies (link), you’ll be prepared for any financial emergencies in your personal and professional life. 

2. Reach everyone– digitally

Following the pandemic and years of being physically distant, everyone in all age ranges has grown accustomed to turning to digital platforms for all their needs. You can capitalise on that and use the digital audience to your advantage as you promote your side hustle and start getting it off the ground. There has never been this level of online participation, so it’ll be reasonably easy for you to make the most of it. 

3. Turn your passion into your profits

Everyone has skills that are going unused in their current role or perhaps under-appreciated, or maybe you picked up a hobby during the lockdown that sparks joy, turn those passions and skills into profits by making them the core of your business. 

4. Move up in your career

Common perceptions of launching a business are that it’s risky and the chance of rewards is slim. However, even founders with failed businesses can tell you that setting up your business puts you on a path to grow in all possible directions, whether it’s in newfound skills, building connections, or even moving up in your career. Starting a business will always level you up because entrepreneurship requires a personal initiative that is valued in every career.

5. Self-fulfilment

The truth is that starting a side hustle takes time and effort when other more casual pursuits feel easier to accomplish. But if you can make the most of the free time available and pursue something you’re interested in, your business will become your favourite hobby. Building something of your own will bring you unique self-fulfilment that cannot be found when working for someone else. 

6. It’ll never get easier than it already is

Don’t fall into the trap of ‘waiting for a better moment’ stand in your way. Everyone is waiting for the perfect moment to start their side hustle, you can beat the crowd and launch yours. Top entrepreneurs all swear by this model of launching fast and staying ahead of the curve, while always keeping an eye out on how to iterate your business towards success. 

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Why now is a good time to start a side hustle

If you've been waiting for the 'perfect moment' to launch your idea, the time is now

With the ongoing cost of living crisis and COVID-19 throwing off the job market, there has never been a better time to start a side hustle. Secure your finances this year by building alternative financial streams and tapping into ventures that people need. 

If you still need a push to start your own business, look no further. Here are 5 reasons why it’s a perfect time to launch your side hustle: 

1. Secure your financial well-being 

Launching your side hustle allows you to diversify your income so that you’re not totally reliant on your job position. As you build up your business or part-time venture, especially if you follow our low-cost strategies (link), you’ll be prepared for any financial emergencies in your personal and professional life. 

2. Reach everyone– digitally

Following the pandemic and years of being physically distant, everyone in all age ranges has grown accustomed to turning to digital platforms for all their needs. You can capitalise on that and use the digital audience to your advantage as you promote your side hustle and start getting it off the ground. There has never been this level of online participation, so it’ll be reasonably easy for you to make the most of it. 

3. Turn your passion into your profits

Everyone has skills that are going unused in their current role or perhaps under-appreciated, or maybe you picked up a hobby during the lockdown that sparks joy, turn those passions and skills into profits by making them the core of your business. 

4. Move up in your career

Common perceptions of launching a business are that it’s risky and the chance of rewards is slim. However, even founders with failed businesses can tell you that setting up your business puts you on a path to grow in all possible directions, whether it’s in newfound skills, building connections, or even moving up in your career. Starting a business will always level you up because entrepreneurship requires a personal initiative that is valued in every career.

5. Self-fulfilment

The truth is that starting a side hustle takes time and effort when other more casual pursuits feel easier to accomplish. But if you can make the most of the free time available and pursue something you’re interested in, your business will become your favourite hobby. Building something of your own will bring you unique self-fulfilment that cannot be found when working for someone else. 

6. It’ll never get easier than it already is

Don’t fall into the trap of ‘waiting for a better moment’ stand in your way. Everyone is waiting for the perfect moment to start their side hustle, you can beat the crowd and launch yours. Top entrepreneurs all swear by this model of launching fast and staying ahead of the curve, while always keeping an eye out on how to iterate your business towards success. 

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