How Side Hustles Can Save Your Life?
Our dads used to believe that jobs are the safest way to live a happy life. They couldn’t be more wrong.
If someone says today that do a job and it’s the safest thing to do to enjoy life, what do you think should be my answer- Go********self
Yes, that’s right. A side hustle I failed to start in my 20’s is the main reason I am doing it right now.
“Job is the riskiest investment of your time and energy that you should think twice before jumping right into it.”
So if you feel lucky that you have a job but thousands of others failed to get one, think twice- you are not in a safe zone.
Why?
1. Pandemic, war, economic turmoil, industry failures can put you out of job.
2. Remote workers will get more preference in the coming days forcing you to leave your traditional job.
3. The innovation in the last decade supports the theory of doing several profitable projects whether you have a full-time job or not.
4. Side hustlers will earn more than a jobholder in the long run.
In this quick life lesson guide, we will learn two things.
- What is a side hustle?
- What side hustles you can start right now?
- How a side hustle can save your life?
What is a side hustle?
“Thirty-one percent of young adults (ages 23 to 38) work extra hours to boost their savings versus 16 percent of Gen Xers and 18 percent of baby boomers.”
Source: Bankrate
In a side hustle guide published by CNBC, I found this-
Starting a side business is one of the smartest financial moves you can make right now. With the economy shaky, no one can have too much income diversity.
So what is a side hustle? Why we are reading this topic now when others made millions doing side jobs years ago?
A side hustle is nothing but an extra gig that you do in addition to the job to increase the income. But it offers one more thing other than your income. Security
We live in a time when office bosses are the determinant of our fate. This shouldn’t be real. Your time in your primary job should be respected more than anything.
Unfortunately, we work for years but get very little attention or respect from a primary job. Hence, a side job like freelancing, part-time work, or remote work gained popularity in the modern world.
What side hustles you can start right now?
“Both full-time (43 percent) and part-time (51 percent) workers earn extra income by using a side hustle.”
Source: Workplaceinsight
To make the guide straightforward we came up with 3 side hustles that can surely boost up your security and income in life.
YouTube Channel As A Side Hustle
YouTube is a popular way to make money while you are doing a day job. There are so many stories about YouTubers getting fired from the job but saved by the YouTube income.
For instance, Donaldson gave away a massive amount of money to the laid-off Americans getting instant popularity on the platform. Unique and original content on YouTube can make solid money that can replace the original job earning more than 2 or 3 times.
A nine-year-old kid earned $29.5 million from YouTube. What you need when you have so much money and security from the video platform.
Start Dropshipping Products As A Side Hustle
This made it to our list for one reason. The rise of demand in online shopping. According to the stats, U.S e-commerce sales might go over $740 billion by 2023. The numbers were within the $500 billion range in 2019. So we can expect a near double boom of online sales in just 4 years.
Another big reason you should start dropshipping is that it is easy to set up and less time-consuming. Technology makes everything possible for you. So how can we start dropshipping?
Here’s a list of the things we found for you to start dropshipping right now-
- Research your Dropshipping idea
- Research Competition
- Find Suppliers
- Build Online Stores
- Run Online Marketing
Freelancing as a side hustle
Freelancing is nothing new and I am not going to discuss details about it. The only thing I can say that freelancing helped so many people to change their lives without the need for a regular job.
Keep an eye on my freelancing to learn how to start and earn from freelancing.
How a side hustle can save your life?
“Some 85% of the jobs that today’s students will be doing in 2030 haven’t been invented yet.”
Source: LinkedIn
It’s time to reveal the question- how a side hustle can save your life?
If you look at the LinkedIn business data above you might see the numbers of unique jobs in demand in 2030 are really high.
So having a traditional job might force you to learn new things to sustain the change. It will be quite painful. Why? Already the new generation will be taking most of the jobs.
The next survivors in 2030 will be the side hustlers keeping a bridge between the old and the new traditions.
Trying out a new side hustle right now should be the smartest move to secure your future.
Get my free ebook on freelancing right here. It’ll teach you how to start your journey as a freelancer. :)
For more interesting articles on freelancing, finance, lifestyle, and many more topics you can check out some of my other articles below:
Personal Finance: An Illustrated Guide by Ehsanul Hoq
5 Life Lessons You Should Know Early In Your Life
How to leave earth and go beyond mars?
Why Dark Matter Matters in Your Life?
“The Story” of Electoral College
Disclaimer: This article is for educational purposes only.
