Thought LeadersWhy have side hustles become more popular?

Why have side hustles become more popular?

 

Side hustles are more popular than ever. You can earn extra money or try out a different career path with a side hustle. You could work at the local pub on the weekend or launch your own business. You can choose a side hustle that works with your lifestyle and a full-time job.

 

In the pandemic, thousands of UK workers were furloughed from their roles and left with a lot of spare time at home. Many started a side hustle to fill their time and earn some extra cash in a time of financial uncertainty. Thousands of small businesses launched in 2020 and some of them are still running today. A side hustle can help you fulfil a passion or career goal that your full-time job does not.

 

Here are a few tips for starting a side hustle.

 

Make sure you have the time

 

A side hustle relies on your spare time. You might need to dedicate your time on weekends and evenings to the side hustle. If you don’t have the time available, a side hustle might be more stress than it’s worth. Take a look at your schedule and consider how much spare time you have available. You need time to rest and enjoy your hobbies as well as carry out your full-time job. You could work on your side hustle in the early morning or late at night. Or, it might not be the right time in your life to start a new adventure.

 

Find something you’re passion about

 

You need to be interested and passionate about your side hustle. For example, you might be passionate about earning extra money for your wedding day. You need a purpose for the side hustle. You could launch a small business in an industry you adore, from makeup to hiking accessories. When you are tired after working all day, you need a reason to keep working on your side hustle.

 

Do your research

 

Once you have an idea for your side hustle, you need to start researching. For example, forex trading is a fantastic side hustle that requires a little research. You need to learn how to trade and the different strategies involved. You can learn as you trade, and research will become a part of your daily hustle routine.

 

It can improve your quality of life

 

A side hustle can inject a little passion and excitement back into your life. You can work on something that you truly love instead of just working to pay the bills. Your side hustle could help to improve your mood and quality of life. You just need to fix the right one.

 

Pick up a side hustle and start earning extra cash.

Latest

Multi-page advantage: How brochure and booklet printing can tell your brand’s full story

In an age where digital marketing dominates, it might seem counterintuitive to invest in print materials like brochures and booklets. However, these multi-page formats hold...

University of Manchester study confirms Charge-M8 EV Kube performs on par with traditional concrete foundations

A new engineering assessment has shown that Charge-M8’s EV Kube modular composite foundation system can endure wind forces equivalent to severe tropical storms, achieving...

Unhooked appointed by Tradesman Saver to support growth strategy

Stockport-based PR agency Unhooked has been appointed to deliver PR for specialist insurance provider Tradesman Saver, which offers tailored cover for tradespeople, sole traders...

Why now is the perfect moment to update your CV

Linda Walmsley, Director of Walmsley Wilkinson Executive and Management Recruitment, shares insights into why maintaining an up-to-date CV is crucial, regardless of whether you...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Why more Manchester businesses are turning to self storage to cut overheads

Commercial property costs in Manchester have risen steadily over the past decade. For SMEs navigating post-pandemic hybrid working, shifting consumer demand, and tighter margins,...

Study shows how organisations can improve SharePoint outcomes and workplace efficiency

A comprehensive global intranet benchmarking study, reviewing more than 159,000 intranet pages across 28 organisations, has delivered an important message for business leaders: employee...

University of Manchester study confirms Charge-M8 EV Kube performs on par with traditional concrete foundations

A new engineering assessment has shown that Charge-M8’s EV Kube modular composite foundation system can endure wind forces equivalent to severe tropical storms, achieving...

Modest rise in household bills expected, but global uncertainty may drive further increases

Household expenses are forecast to increase by around £80 annually from April, considerably less than the £660 rise seen by many consumers last year....

More News

Joe Martin-Bindley’s guide to becoming a successful letting agent in the UK

Becoming a successful letting agent in the UK can be a rewarding career, offering both financial stability and the satisfaction of helping people find...

Why new fast trains between London, Manchester and Rochdale can slash fares

Planned new high-speed trains between London Euston, Manchester and Rochdale will compete with existing rail services, deliver lower fares and serve new routes. That's according...

Jack Mason on How Microsoft Is Navigating AI Innovation and Regulation

Jack Mason says that Microsoft’s recent decision to leave the OpenAI board amidst increasing regulatory scrutiny marks a significant juncture in the tech industry....