You can always find statistics that show our collective financial pains…unemployment rates, low minimum wage, can’t afford to retire, many people have less than $1,000 in savings, at a time when the average indebted household owes more than $16,000 on credit cards etc etc. The merry-go-round of depressing news never ends. But, what should we do? Lay down and die?
Could a Side Hustle Be Your Best Investment Yet?
While you can certainly settle for your salary and make the best of what you have, imagine if you could earn more money without switching careers or getting that raise you’ve been praying for! What if you could give yourself your own raise during your spare time? What if anyone could plan to build a second stream of income to supplement their full-time work? What if the answer to your financial problems can’t come from your boss, but only from within you? What if your best investment is a side hustle?
If you will take some time to study the concept, or look at some case studies, you will find that nearly anyone can take an idea and make it profitable if they’re thoughtful, strategic, and realistic enough. But, this isn’t some get-rich-quick scheme. No one is asking you to quit your job or flip houses with borrowed money. With a side hustle, you earn money without quitting your job (that’s why it’s called a side hustle). While many people are sold on the idea of quitting their jobs to become entrepreneurs, the reality is, most people have no real desire to become a full time entrepreneur; they just want to earn more money. In reality when it is done right, there is no downside to a side hustle. There are only benefits to building more than one source of income.
Some Benefits of Hustling On the Side
A side hustle is more than just another stream of income, it’s also the new job security. When you receive income from different sources, it allows you to take more chances in your regular career. More income means more options. More options equals freedom. You don’t need entrepreneurial experience to launch a profitable side hustle. You don’t have to have an MBA, or know how to code, or be an expert marketer. You don’t need employees or investors. What you do need is desire, to make some time, and the persistent determination to see your dream through to the end. The financial rewards are well worth your time. For many who hustle, the extra cash they earn can mean the difference between barely squeaking by or having money to go on vacation. It could mean paying off that $16,000 in credit card debt or building a real emergency fund with 3-6 months of expenses for the first time. It could mean the difference between subsistence and prosperity – between earning a living and building a life.
Side Hustles vs. Part-Time Jobs
But, why not just get a part-time job? Why build a side hustle you have to visualize and nurture on your own? A side hustle isn’t a part-time job! Think about more than just trading time for money …think about building your own asset that provides the potential for passive income and maybe even global income! Some people just make $500, $1,000, or $2,000 per month and that actually can change someone’s financial life. And when they create that for themselves, it is really empowering. It can open their mind to increased possibilities forever! Occasionally, something miraculous can happen as well! Some people start side hustles that take on a life of their own, and they end up in some pretty spectacular circumstances where their lives are truly changed. That’s what happened to me!! You can meet lots of people who go on to make six figures or more from their side hustles. Once you go down this road, you never know what’s going to happen and that is exciting! But, none of that can happen with a part-time job because the potential for growth just isn’t there. Plus, you’re still under someone else’s control and your hours and income will always be dictated by them.
What Side Hustle Should You Invest In?
You can spend a lot of time trying to come up with your own idea that you believe in and aim to sell it to others…or you can look into what thousands of people have embraced as the quickest, simplest, and most affordable way to start earning immediately…join a reliable, proven network marketing company. Turn your home and car into a hustle that brings in real income AS WELL as immediate tax breaks that are worth thousands of dollars annually. What are these people doing in network marketing? The reality is, they’re providing products just like any other business – just without a boss or overlord determining their hours or pay. No risk, no bank loan to get started, as a matter of fact all the marketing materials and training you need come for free. Click to read 10 Key Benefits of MLM of a good MLM company.
Regardless of where you are at in life, in debt or not in debt, married or single, twenty years old or fifty years old, there is something that you can gain from starting a side hustle. Here are 9 reasons to consider…
1) Pay Off Debt Faster
2) Take advantage of legitimate small business tax write offs
4) Test running a Business Idea Without Quitting Your Full-Time Job
5) Break into a New Career Field if you end up loving it
6) Meet New People and Build Your Network
7) Develop new Skills – and Get Paid for the effort
8) Push Yourself Out of Your Comfort Zone
9) It Can Change the Trajectory of Your Life
There are hundreds of MLMs to look at. As a full time network marketing professional for over a decade now, I am available for business overviews, or free consultations and Q&A if you are seriously looking. You can partner with my team of International hustlers, take advantage of our training from decades of expertise and the high value of the company we represent here – www.yourtimeyourway.com To your life success!