Do you want to turn your side hustle into a full-time job? Are you hoping to one day work for yourself and not someone else? Or, maybe you already work for yourself but you feel like there’s something else you want to be doing, namely working on your side hustle?
Whatever your side hustle is, it’s completely possible to turn it into a full-time job. People do it all the time. Heck, I did it. But it’s going to take some hard work and dedication to make that happen.
Why Turn Your Side Hustle into Your Job?
Some people wonder why you would even turn your side hustle into a full-time job, and honestly, if you’re wondering that it’s probably not for you. But for me, it was a matter of being able to set your own schedule and be in control of what you do with your time, and what you do for your money.
How to Turn Your Side Hustle into Your Full-Time Job
Decide How Much Money You Need
First and foremost, you need to decide how much money you need to live on. Not everyone can live off a few freelance articles a month pay, so you might want to think bigger and better. Make sure you have all of your bills covered and then some.
Design a Plan That Will Get You That Money
Once you know what you need to be making to turn your side hustle into your full-time job, then you need to figure out how you’re going to get that money. What can you do that will bring in the amount that you need to make.
Break Your Plan Down into Conceivable and Achievable Steps
With an idea of how you’re going to make the money, you need to set out some actionable steps that you can take. Things like find clients, start a marketing campaign, set out to achieve a few goals—essentially plan the a, b, cs of how you’re going to leave your full-time job.
Grow Your Client List
Your client or customer list is where you’re going to make your money, so if you’re ready to get your business off the ground and turn your side hustle into a full-time job then you need to start growing that client list of yours. Start doing research on who your potential clients could be and go from there.
Market Your Practice
Marketing is an essential part of your practice but it’s something we often forget to do when we’re doing well in our business. So, set up some easy-to-accomplish marketing practices that will help you grow but make sure you stay on track.
Save Emergency Cash
Before you turn your side-hustle into a full-time job, you’ll want to make sure you have some money saved away for a rainy day. And by “rainy day” I mean a bad month when you aren’t bringing in enough money to pay your rent. It will happen so you want to have that cushion.
Do you have tips for how to turn a side hustle into a full-time job? Share them in the comments below!
Looking for More Posts on Starting a Business?
- 40 Side Hustle Ideas For Any Kind of Hustler
- How to Make a Side Business Out of Selling Art
- 8 Ways to Make More Money in 2020
Tae started out as a journalist before following the money into the corporate world. But it turns out that the grass isn’t always greener and now you can find her spending most of her time writing about all the things she loves. Namely, money, travel and business with a hefty dose of self-deprecating humor. She is a podcast fanatic, blogging aficionado and loves to find new ways to turn passions into cold hard cash!