If you are like most people probably you want to start a side hustle but you feel like you do not have time because you have a day job that takes most of your time.
In this article, you’re going to learn how you can easily manage your day job and your side hustle, so that you make your side hustle profitable and avoid burning out.
4 Tricks To Manage Your Day Job And Your Side Hustle
I have been there where you spend a lot of time and effort in your day job and at the end of the day, you can not even think about your side hustle. here are my 4 tips.
1. Have a solid plan in place
They say that failing to plan is planning to fail, and this is true. If you want to run your side hustle while you have your day job to pay the bills you need to plan effectively.
You need to figure out what are your strengths, what you can do quickly, and what you might need help with or will take longer time to run.
If you have kids or a spouse it is more complicated because you have to factor them into your plans, they need you and you have to spend some time with them.
Even the best-laid plans can go awry. How much more if you don’t plan at all? You’re going to find it extremely hard to succeed.
For best results, you should ideally have a short-term goal and a long-term goal. For your short-term goals, you can plan out your week or your month.
Then for long-term goals, think about where you want your side hustle to be in 3 years or 5 years. Do you think you’ll be leaving your job by then? If yes, then make it into one of your long-term goals.
For every milestone, you achieve, reward yourself. After all, it’s not easy working on a side business when you’ve got a full-time day job, too.
The best way to plan is to plan it backward, start with your 5 years goals, where do you see yourself and your side hustle in five years?
What kind of life you will have in 5 years, married or single? kids or no kids? what kind of car or house you will have, and most importantly how much you will be making?
Then plot your 18 monthly plan, ask yourself the same questions, then 90 days plan, then the 1-week plan, all these plans should lead you to your 5 years plan and goals.
For example, if you want to make $50000 per month in 5 years, from just your blog, you can estimate how many blog posts you will have at that time, how many visitors each post will be getting, and your estimated income.
Maybe after 18 months of starting your blog, you want to make a full-time income ( whatever is that value for you), and your 90 days plan would be to make your first revenue from your blog.
So your weekly goals and action plans would be creating articles, posting them on social media, replying to the comments on your blog, building your email list, etc, each week might change but all of them will push you towards your main 5 years plan.
You can do this for every side hustle you start.
here are some of the best side hustles you can start
2. It’s all about time management
Let’s face it – having a side hustle along with a full-time job may leave you bone-tired at the end of the day.
But if you’re looking to make both jobs work, then know that it’s very much possible. You just need to know how to manage your time.
For example, if you work from 9 am to 5 pm, you can factor in time before or after your shift to work on your side hustle.
Say, you can work from 5:30 pm to 10:30 pm on your side job. And then on weekends, you can work on your side business the whole day if you like.
What I did is I would use 3 to 4 hours after work to work on my side hustle, this is enough time for me to create a video or an article and post it on my blog.
3. Learn to make sacrifices
Whether you like it or not, you will be making sacrifices. You may need to cut down on some of your favorite things to do on your days off.
Previously, your weekends may have been dedicated to Netflix binges or partying with friends.
You will have to miss some nights out with friends, you will have to spend less time with your kids and spouse ( if you have them), these are sacrifices you will have to make in order to become successful.
While you don’t need to transform into a total bore, you may need to seriously cut back on the fun stuff, and you know, focus on adulting and working on your side hustle.
4. Save your additional income
The issue with money is that when you start making more of it, you will start finding more things that you can buy and spend your money on.
Eating out, buying cool gear, buying a new phone and car, getting a better and more expensive apartment, and so on.
You’re free to do whatever you want with your extra money. However, if you want to feel like you’re actually doing something good with your life, then it’s best to save up income from your side hustle.
You can also look into making your money work for you by investing in a variety of financial instruments like stocks and bonds.