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Tagged: side hustle
- This topic has 6 replies, 5 voices, and was last updated 2 years, 10 months ago by James Millar.
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May 28, 2021 at 12:16 pm #1227853Up::0
Heya folk,
We are working on a content piece around side hustles for Kochie’s Business Builders and I was hoping to glean some knowledge from your hive mind, as I’m sure a lot of you started your business as a side hustle. So, Question:
What’s the number one lesson you learned from starting a side hustle?
Thanks in advance,
Cec
Editor Flying Solo and KBBCec Busby Editor Flying SoloMay 28, 2021 at 6:48 pm #1227870Up::0Hi Cec,
If working, being transparent around the side hustle is important:
To me, this meant I did all of the below:
Let my boss know.
Made sure I wasn’t in direct competition with my employer.
Made sure my time at work was 100% my employer’s.
Cheers
PaulMay 29, 2021 at 9:52 am #1227871Up::0If you are serious in business there is no such thing as a side hustle, it is either a real business or it is a failure. Sadly its people like Kochie who set people up to fail, by saying they can pretend to have a business. You are either committed or a failure.
May 31, 2021 at 9:42 am #1227890Up::0If you are serious in business there is no such thing as a side hustle, it is either a real business or it is a failure. Sadly its people like Kochie who set people up to fail, by saying they can pretend to have a business. You are either committed or a failure.
Hey @BB1,
I think a lot of people go in without plans for it to be something serious, more out of a personal passion for something. I’ve got a side hustle as a digital consultant that I have no plans to scale and generates some additional income for me outside of my full time job.
I really enjoy it and have friends who undertake similar freelance projects outside as a side hustle.
Forum AdministratorMay 31, 2021 at 4:56 pm #1227891Up::0If you are serious in business there is no such thing as a side hustle, it is either a real business or it is a failure. Sadly its people like Kochie who set people up to fail, by saying they can pretend to have a business. You are either committed or a failure.
Hey @BB1,
I think a lot of people go in without plans for it to be something serious, more out of a personal passion for something. I’ve got a side hustle as a digital consultant that I have no plans to scale and generates some additional income for me outside of my full time job.
I really enjoy it and have friends who undertake similar freelance projects outside as a side hustle.
I’ve checked the ATO website and they have 2 options. Business or Hobby.
May 31, 2021 at 4:58 pm #1227892Up::0If you are serious in business there is no such thing as a side hustle, it is either a real business or it is a failure. Sadly its people like Kochie who set people up to fail, by saying they can pretend to have a business. You are either committed or a failure.
Hey @BB1,
I think a lot of people go in without plans for it to be something serious, more out of a personal passion for something. I’ve got a side hustle as a digital consultant that I have no plans to scale and generates some additional income for me outside of my full time job.
I really enjoy it and have friends who undertake similar freelance projects outside as a side hustle.
I have checked the ATO website, they have 2 categories, Business or Hobby. Failed to find side hustle,
June 1, 2021 at 8:04 pm #1227938Up::0Lets define side hustle first. Presumably it’s second form of employment or self employment but not a business in normal sense. Then defining a business (even micro). It is probably the point at which an entity can operate without the founder because it has adequate resources in place to work.
How many transition from one to the other?
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