In 2022, 34% of Americans have a side hustle making $1,000+/month.
If you’re one of those statistics and want to take your side biz that makes $1,000/month into a $10,000+ month business, let’s chat!
With the right (and focused) effort, you can slash the time it takes to achieve your business goals. Below, you’ll find four steps you can take to cut the time it takes you to create the income you need to make your side hustle your full-time business.
How to Make Your Side-Hustle Your Full-Time Business
Use a Power Hour To Keep You On Track
Spend 1 hour a day (at a minimum) in your business. Yes, you really can do it in as little as that… IF you’re focusing on the right things during that hour. Your hour might be before everyone gets up in the morning. Or it might be on your lunch break at your job… or it might be that hour you have in silence before bed.
Whenever your Power Hour shows up most efficiently for you, you can do the following to make it one of your peak performance hours of the day.
Make a list of those non-negotiables and assign times to each task so that you know exactly how you’re spending each minute of your Power Hour.
Examples of Power Hour:
- Engage on Instagram (15 mins)
- Post and engage in Facebook groups (10 min)
- Content Creation and Scheduling OR Systems/backend management (30 min)
- Managing inbox (5min)
Then, make a list of the items you would like to do each week and if you have extra time one day you can check off items from that list. This way, when those extra moments appear, you know exactly how you need to best fill that time.
In a perfect world, you have more than 1 hour a day to work on your business. But if you don’t, don’t let that stop you from simply getting started!
And note that the more time you can devote the faster your business will grow, but you also don’t want to burn yourself out while working 2 jobs. Hustle culture isn’t the answer.
So focus on those priority tasks, as there will ALWAYS be “more” to do.
Once you start gaining clients this power hour may have to shift some, or you may need to devote more time to the business to be able to accomplish client work and business growth (there are always trade-offs).
Show up Consistently Every Single Day
To make your Power Hour most efficient, find out where your target market hangs out online then show up there, every single day.
So, if your clients mostly hang around on Instagram, get on Stories, go live and show your value.
Create Reels so you can engage with, and grow, your target market. Share content that demonstrates your knowledge and expertise, and also builds an emotional connection with your audience.
The more visible you are, the faster they’ll remember you when they need you.
Create a Plan For Your Business
Outline your short-term and long-term goals, then reverse engineer how you’re going to achieve them.
- Do you want out of your 9 to 5 within the next 3 months, 6 months, or 12 mo?
- Do you just want to be able to cut back hours to part-time?
- How much time do you have to invest in business-building activities?
Decide what your goals are, then break them down to see what’s realistic to accomplish in your ideal time frame without breaking your back by overworking yourself.
Then, STICK TO THE PLAN. Don’t let a little thing like an off-week, a bad mood, or someone else’s excuses or doubts throw your plan off. It’s your execution that will determine your success.
Outsource Everything You Suck At
You either have time or you have money to exchange as a form of currency in business.
And if you’re still in your 9 to 5, you likely don’t have a lot of time, but maybe you do have some extra capital that gives you the ability to afford to grow your business at a faster pace.
Outsource the branding, website development, onboarding/backend systems set up, the admin/tech work…whatever you do not do efficiently, or don’t know how to do… so you don’t waste time trying to figure it out and you can stay focused on any new client work and/or doing only the things that only YOU can do.
What you’ll find is the more you can focus on your true zone of genius, the faster your growth will be.
See? Trying to get your business going while working a 9-5 is possible, if you plan and execute well. And if you’re a new business owner, watch out for these three mistakes and use this advice to avoid them.
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