Deciding to take the plunge and start your own side hustle is an exciting time. But how can you possibly manage your current working responsibilities and your new side business? To help you out, we’ve gathered 5 ways you can balance your job and your new side hustle. Read on to find out more.
Streamline your billing process
Your time is strictly divided between your job, your family life, and now your side hustle, which means every second count. Having to stagger your way through invoices and your billing process will only slow you down and take valuable time away from other important responsibilities.
This is why many small business owners turn to FreshBooks – their invoice software and free invoice template capabilities make the entire billing procedure efficient and pain-free. You can create professional-looking invoices within minutes and save your template for future use. Automated payment reminders and an easy-to-manage interface mean you can focus on growing your business and getting paid up to 2x faster.
Revisit your schedule and make regular changes
As an individual with growing responsibilities, you’ll understand that no two days are going to be the same, which means your schedule can change at any time.
Rather than suddenly realizing you’ve forgotten to process an order, or you’ve missed an important call at work, get into the habit of revisiting your schedule every day to see if things need to be changed or could be arranged better to suit your day. Keeping on top of your daily schedule means less stress and more progress!
Think about cutting back
One of the biggest excuses everyone is guilty of is claiming that we “don’t have enough time”. It’s a classic procrastination excuse, which usually stems from the fear of failure. You might think you don’t have enough hours in the day to manage your work, home, and side hustle responsibilities, but that’s usually not the case.
An hour spent watching your latest TV show is an hour you could spend better elsewhere. Time spent scrolling through social media could be used to get through some admin tasks. It’s all about balance and cutting back on the habits that are holding you back.
Get plenty of feedback
Whether it’s from friends, family or your first lot of paying customers, asking for feedback throughout your side hustle journey will help you improve your services and continue to improve. Learn as much as you can, as quickly as you can but remember that building a successful side hustle takes time, which brings us to our next point…
Remember not to neglect your day job
It’s all too easy to get swept up in the excitement of a successful side hustle, especially when the orders and enquiries start to roll in. In these moments, it’s common for entrepreneurs to neglect their other working responsibilities, perhaps not trying as hard and turning up late for work. As the saying goes – don’t give up your day job – not yet at least!
Having a steady income means you’re still earning enough to keep up your current lifestyle and you have funds to finance your growing side business. Be patient!