May.17.16Personal Finance
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Money Matters with Nimi
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We all have interests and pastimes that we enjoy in our spare time, particularly at weekends. Create time to list these interests and see if there is a way to turn what you love to do into a small business. Everyone could do with extra income now! The best part of it is, when you are doing what you love, it doesn’t feel like work.

What do you do effortlessly and already do for free? A side hustle is a business you run in your free time that allows you flexibility. It’s a chance to delve into what you are passionate about whilst keeping your day job.

So… you are ready to make efforts to increase your income even though your employer cannot increase salaries. You need to pay off your loans, rent is due, car needs repairs and petrol prices have almost doubled. Here are some popular “side-hustles” you may want to look at:

Freelance With Your Skills:
Can you write?
Do graphic or web design work
Take photographs
Babysit at the weekend
Make and sell art and crafts
Capitalize on your car
Teach a musical instrument
Cook or Bake
Sing
Organize

Tips to Get Started
1) Identify your passion
2) Don’t over-think it; just begin
3) Use your network first
4) Schedule weekly hustle hours
5) Collaborate with other “hustlers” and entrepreneurs whenever you can
6) Once you are off the ground, hire an affordable virtual assistant.
NB: It is unethical to start a business that competes with your employers business. Consider conflict of interest carefully so you don’t jeopardize your day job and get yourself fired.
Remain focused and effective on your job and do not steal time from your employer. Once your side hustle reaches a point where you need more time, it may be time to move on.

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One Response to “Everyone needs a “Side-Hustle”. What’s yours?”

  1. Adanna Elechi says:

    Nice piece Ma. I love to write,
    Haven’t started generating money from
    It yet. But soon.

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