Side Hustle - Why Everyone Should Make Money Online
Do you have a side hustle? Well, let me explain why I think you need one. In fact, I totally believe everyone needs a way to make some extra money. First, what is a side hustle? If you have a full-time job or a primary income source that you’re relying on, it means that you have a secondary way to bring in an extra income whether that be cutting or braiding hair, selling some jewelry or another craft, catering or party planning, selling hot dogs or life insurance, etc. Basically, a side hustle is doing something that brings in an extra income for you. I don't care what it is that you're doing. It means that it's not your primary income but you're doing it on the side to make an additional income.
The goal in the home business industry is for us, at some point, to replace our full-time income with our side hustle income. Whatever side hustle you're doing, I recommend that you do something that you love. That way when you get to the point where you have replaced your full-time income then you quit your job if that's something that you want to do.
Why do I believe you need to have a side hustle?
Let me just give you an example of what happened to me. I worked for eight years at my first company, which I loved by the way and then I got laid off. I worked a few other jobs and then found another company that I loved and worked there for five years, and then I got laid off again. In between time I always had a side hustle. I started my first side hustle (home business) back in the year 2000 and had always had an income stream on the side. For the first ten years, I struggled and jumped from company to company until 2010. I finally was able to make more money with my side hustle to replace my full-time job.
Now, I didn’t see the first or 2nd layoff coming. But I did see the third layoff coming. I noticed that management at the company that I was collecting auto loan payments for were moving out of town. They were leaving Colorado and going to Texas or some other branch. That for me was a telltale sign that another layoff was happening for me. I just was not going to go through the third layoff. That’s when I was finally comfortable enough with my side hustle to quit my job in March of 2010. So that’s what I did.
I quit the job that I hated.
I haven't had to work for anyone since. Matter of fact, I just celebrated my sixth year anniversary of having fired my boss for good. I feel like everyone needs a side hustle because I don't want what happened to me to happen to you. Layoffs happen all the time, downsizing, restructuring, or whatever it’s being called when it happens to you, protect yourself in advance by having a side-hustle. You could lose your job at any moment and unfortunately, most people do not have a plan B. It's important to me that you have a plan B, because if you do lose your job that is when the struggle really happens. That is where you have to figure out what you're going to do to pay your bills or get your next meal.
I believe that before a tragedy happens you should prepare for it. Just like getting life insurance. We get life insurance for a reason, we get car insurance for a reason. Make your side hustle your “insurance” for just in case you lose your job. Just in case something happens where you can't go to that job. Maybe you don't get laid off but maybe you get hurt and you need to take time off, three, four months off because of some type of injury. But if you have a side hustle, you can make income on the internet from the comfort of your home so that you don't have to lose your home, you don't have to lose your car because you can still pay your bills.
Was this video helpful? Feel free to share it if you got value. You can also scroll down to the bottom of this post and drop a comment. I'd love to know what you think.
To Your Success,
Considering starting your own home business or need help getting better results in your existing home business? Check out my Work With Me Tab where I help people everyday.
P.S. If You Don't Have a Team, Haven't Recruited Anyone (or less than a handful of people), This is the System You Should Get To Generate More Leads, Sales & Sign-Ups. And Don't Forget to Grab Your Free eBook Below.
If you enjoyed this post on Why Everyone Should Have a Side Hustle & Make Extra Money Online with a Home Business, retweet, share on Facebook and comment please. (Sharing is caring...)