10 tips on how to start a side hustle with a full-time job
Cashflow FI is the point at which you reach Financial Independence through income generated from a side hustle. However, starting a business venture whilst working a full-time job can be a challenge. Here are a few tips to help you find the balance:
Set realistic expectations: It's important to be realistic about the time and energy you have available for your side hustle. Consider how much time you can realistically devote to your side hustle each week and make sure to schedule that time accordingly.
Prioritise your tasks: Make a list of the tasks you need to complete for both your full-time job and your side hustle. Then, prioritise the tasks and make sure to focus on the most important ones first.
Utilise your free time: Use your weekends and evenings to work on your side hustle, especially if you're unable to work on it during the week.
Communicate with your boss: If your side hustle affects your full-time job, make sure to communicate with your boss about your plans. This can help ensure that you're not putting your job at risk and can also help you find a good balance between your two commitments.
Outsource when necessary: If you're finding it difficult to balance the needs of your side hustle with the demands of your job, consider outsourcing some of your tasks. This can help lighten your load and free up time for both commitments.
Set boundaries: It's important to set boundaries between your full-time job and your side hustle. This can include setting specific work hours, not checking work emails during your free time, and not allowing your side hustle to interfere with your full-time job.
Take care of yourself: When balancing a side hustle with a full-time job, it's easy to get burnt out. Make sure to take breaks when you need them, prioritize self-care, and get enough sleep. This can help you avoid burnout, stay motivated and remain energized for both your full-time job and side hustle.
Seek support: Having a supportive network can be incredibly helpful when balancing a side hustle with a full-time job. Asking for help is not a weakness. Consider joining a community of like-minded individuals, such as a local entrepreneurship group, or reaching out to a mentor for advice and guidance. This can ensure you stay on track, stay motivated, and avoid feeling overwhelmed.
Celebrate your successes: It's important to celebrate your successes, no matter how small they may be. This can help you stay driven, recognize your progress, and feel proud of what you've accomplished. Whether it's reaching a financial goal, completing a project, or landing a new client, make sure to take a moment to celebrate your success and recognize the hard work you've put in to reach your Topia FI goals.
Topia Plus: With Topia Plus, you have exclusive access to expert coaches who will help you to balance your commitments. They will be with you every step of the way, ensuring that your business venture is generating income as soon as possible. You can then input your income into the Topia app and watch it accelerate your journey to financial independence.
Running a side hustle at the same time as working a full-time job is tough, but it's not impossible. By setting realistic expectations, prioritising your tasks, and setting boundaries, you can find the balance and achieve Topia FI. So, start taking control of your financial journey today and live life on your terms.
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