You’re a hard worker. A go-getter. A dreamer. You’re working a full-time job, reporting to someone else, while also fanning the flame of your side hustle, your true passion. You’re living the life of so many successful entrepreneurs who’ve found success before you. It’s hard work, and that’s why not everyone can call themselves an entrepreneur.
How to Grow Your Side Hustle Into Your Full-Time Job
Starting your own company, or working on your passion, can take some time before you can do it full time without other income supporting your dreams. To help you make your dreams a reality, follow these ideas. They won’t take too much extra time out of your busy day, but they will help you be prepared as you transition your side hustle to your full-time job.
Manage Your Time
Time management might seem simple, but in reality, many people struggle to manage their time effectively. A successful entrepreneur, however, cannot waste their time if they are going to drive a company down a profitable path.
To learn how well you currently manage your time, you should keep track of how you spend your days in 15- or 30-minute increments. Keep a log of what you do throughout your entire day, maybe even for a whole week, to see how effectively you manage your time. You’ll soon learn the distractions in your day and that will give you the gift of time to devote to growing your side hustle.
Consider the “80/20 Rule”
The “80/20 Rule,” or Pareto Principle, generally states that 80 percent of your results are generated by 20 percent of your efforts. This is great news! It means you need to identify which tasks or efforts can help you scale your side hustle into your full-time job the fastest. While this might seem a bit tricky at first, once you determine your answers, with the help of your time management lessons from above, you will be on a path for successful entrepreneurship.
Plan for Your Successful Business Every Day
You cannot grow your side hustle into a successful business or full-time job without strategically planning how you will make that happen. Honing in on your time management and deciding how to best implement the Pareto Principle will help guide how your planning. Spend an hour each day when you are at your best (for some people this may be first thing in the morning, for others maybe it’s before bed) to make and review your plans. You can divide your plans into short-term and long-term periods as well, allowing you to always consider how your short-term plans affect your long-term goals.
Enjoy the View
You’re on an exciting path. Stressful, yes. Busy, yes. But you’re learning, growing and realizing your dreams as you work hard for everything you want. Follow the advice for growing your side hustle, and you’ll be on your path to entrepreneurial success. If you’re looking for a side hustle that could become a profitable entrepreneurial venture, contact Naturals2Go.