Entrepreneur

How to Stay Motivated While Growing Your Side Hustle

In this day and age, entrepreneurs are glorified like they’re kings and queens. So it’s no surprise why someone would want to be an entrepreneur.

To the untrained eye, it’s honestly like there’s something heroic about it: taking a leap of faith, being courageous, taking life into your own hands, and other idealistic things of that nature.

I mean, think about it: everywhere you look there’s another “Co-Founder” or “CEO” popping up, left and right, looking to sell you on something. First it starts with the person, then the brand, and then the product. It seems like a winning formula. “Seems like” being the key terms.

That’s all fun and games but it inevitably comes down to whether or not someone has the grit to keep pushing forward on a given side hustle. In other words, when the going gets tough, how does a person stay motivated?

How does a true entrepreneur stay focused and optimistic throughout the highs and lows? How does one stay on track to growing his or her business when they see others succeed? Or others fail? It comes down to two components.

1) Ignore all the noise

First and foremost, forget what everyone else is doing and do your best to try to avoid seeing their output as much as you can. Get off social media entirely if you have to. Just get away from the plethora of illusions that people are trying to cast on you.

What you need to do is literally engulf yourself with all the right things and right people to help you stay confident about your vision and keep you progressing. A good resource for that are professional development sites like The Balance Careers and Fuse Workforce.

Not an echo chamber — we’re not saying keep a bunch of yes-men around you — but a field of glory and success: an ecosystem of positive reinforcement.

You might wonder if you’re manipulating your mind into becoming a machine that gets things done and doesn’t get distracted by things that affect your emotional core. Well, you would be right. You may feel uncomfortable about that type of commitment, but the fact of the matter is, you have to do what you have to do to succeed.

Imagine the following scenario. Imagine if I told you that if you put a ten dollar bill in your drawer today and didn’t open that drawer for 18 months, after 18 months when you finally open the drawer, that dollar bill will have morphed into a million dollars; but if you open the drawer and look to see if it evolved prior to that 18 month threshold, then you’d end up with the original ten dollars you put in.

You would think I was insane. You would think I thought I was some type of genie.

But that’s what a side hustle is. It’s about putting in an investment in and having blind faith that it’ll grow beyond your wildest dreams. That doesn’t mean it’s a one-time investment, though, and it certainly doesn’t mean that you shouldn’t question things as time goes on. It simply means have blind faith.

But you have to test as you go, and that’s genuinely how you maintain your motivation throughout the process, because when you test you’ll see positive results, so it’ll work in your favor.

2) Remember that what you’re trying to do is hard for a specific reason

Here’s the deal: everyone who writes about creating a business never ceases to talk about why it’s so hard.

This is partly due to the nature of us, entrepreneurs, talking ourselves up. We love to say how late we stay at the office. We love talking about how much sleep we’re lacking.

It shows character. It conveys our commitment to the grind. It presents us as hard workers.

But beyond that, it really is hard — and it’s hard for a specific reason. It’s hard because it has to be.

Think about it this way:

It has to be hard because otherwise everyone would win, and there isn’t enough money to go around to pay everyone the highest amount of equity.

Business is about competition, so only the smartest and strongest survive. For instance, that’s how things will pan out with companies that provide comparable products, such as Uber and Lfyt (transportation), or Ahrefs and Majestic (linkbuilding software), Side Hustle Nation and Asian Efficiency (productivity hacks).

Eventually, companies will either cannibalize on each other’s positioning, or one will outgrow the other.

This is because capitalism is a zero sum game — this is why people always say that in capitalism there are winners and there are losers.

But if you stay motivated, you increase your probability of penetrating the winner category. That’s all you need to focus on. In order to have sufficient mental clarity, you’ll need to stay motivated. Motivation and focus go hand in hand together. Now go and make your move. We’re counting on you.

Entrepreneur

How to Break into the Tech Scene in 2019

The tech industry has exploded, and frankly, it can be quite intimidating to those of us who don’t operate in that world. Being in tech doesn’t mean you have to be a coder or web designer. In fact, many people “work in tech” who don’t have anything to do with the technology, coding, programming, web development or app development side of things. If you’d love a job in the illustrious tech scene, but aren’t sure how to do it, consider support roles, auxiliary positions, or operations as a way to break into the tech scene in 2019.

Write for Tech Companies

There’s more than one way to get into a tech company and writing is one of the most lucrative ways to do it. If you have technical writing skills and can develop manuals, processes, policies, instructions or outlines for readers or users of the technology associated with the company, you’ll never have to learn to code or make graphics to succeed. Writing is needed in every company on the planet and whether you are creating blogs, social media posts, or writing reports for the CEO to review, you can help aspiring tech companies flourish with your writing skills.

Provide HR for Tech Companies

Every company on earth needs some kind of Human Resources advice and insight. Whether you offer consulting for small tech start-ups or you are an in-house human resources personnel worker, there is a need for what you know and can offer. Human resources helps keep businesses aligned and ensures that people are where they are supposed to be, when they are supposed to be, and that everyone has what they need to do their jobs properly. If you are thinking that you need to understand the technology side of the company to work for a technology company, you’d be wrong. In a good way.

Create Graphics for Tech Companies

In today’s visual world, companies need graphics. Whether you create charts, graphs, images, social media posts, website pages or any other type of imaging, tech companies need you. Our buying habits are driven by what we see and it’s so important for tech companies looking to grow their audience to provide visual stimulation to the market. If you are pretty good with a graphic design platform and can make things look great, you might have a career in a tech company after all.

Do the Books for Tech Companies

Got mad finance skills? Know a thing or two about accounting? There are plenty of opportunities in technology companies to help align their vision with their bank accounts. If you want to work in this fun and interesting industry and have the financial skills to help them grow, you might be in luck. Smaller start-ups appreciate on-demand consultants in this line of work so if you aren’t looking to settle down with one tech company in particular, it is a growing niche industry that may prove to be worth your while. As with many of the other ideas we’ve presented, you can actually apply these skills to any industry, but we know the allure of technology is strong. Billions of dollars get pumped into the “tech sector” in rural areas around the globe because many people see it as the way to improve economies. If you are a finance expert and can see the potential too, you could break into the tech scene without ever having to touch their app or sell their algorithms.

A Common Mistake for Supporters of Tech Companies

The biggest mistake people make is assuming that tech companies are some kind of special company because there has been such a movement and trend toward supporting this kind of company. The truth is that technology is all around us and that many people negotiate with and use technology every day – we use it so much we don’t realize how much we really know about it! If you can find a way to apply your existing knowledge to the growth and development of a tech company, you’ll be well on your way to finding your place in this lucrative industry. Of course, there are many other types of industries that need your services as well: energy, hydro, environmental efforts, poverty, health, addictions, and more. It’s easy to glorify technology companies because they attract a lot of money and attention, but if you let your skills do the talking, you’ll have your pick of industries to choose from for your next career.

Entrepreneur

How to Setup Your Website for Maximum Lead Generation

If you have a business and a website, then chances are you’re trying to attract new customers and educate, inform, and potentially make a sale.

Most business owners don’t have the time, nor the knowledge regarding how to make website edits, nor how to construct a website so that customers can call the business, or submit their information in a lead form. These are really the two ways that customers can contact the business.

If you have a website, we have included a few tips that anybody can use to avoid common pitfalls. (Quick note) These aren’t tips on how to rank higher in search engines. That is a totally different matter. When a user jumps on your site, make sure you have implemented some of these tactics so the user doesn’t bounce off and contact another competitor.

Place the Phone Number Here

The business phone number should appear on the top right hand corner of your site. Many customers don’t want to read, scroll down looking for a form, or read any information. They just want to call you.

Make sure you place your business phone number at the top right hand corner of your site, especially if you accept phone calls. The user should be able to click the phone number right in their browser.

Make sure you have your phone number in the footer of the web page, too. These are the very first places any customer will look, especially in a rush.

Every Web Page Needs a Contact Form

Every web page needs a contact form and a contact us page. Some customers don’t want to talk with anyone. They want to fill out a form and move on. Your contact form could have the following fields:

  • First and Last Name
  • Phone Number
  • Email Address
  • An empty box where the user can type in a custom message

There is a term called “form friction.” This simply means that if you have too many fields, the user will likely bounce off the page and go to another site. Users don’t like to fill out too many fields.

We advise placing your form on the right side of the page. This is normally the area where a customer will look first. You don’t necessarily need to place the form at the top of the page. Halfway down or even at the bottom of the page are two areas to start.

The good news is that you can experiment with the fields and the location. You may find out that there is a “sweet spot.”

Terms and Conditions and Privacy Page

If you don’t have a terms and conditions and a privacy page yet, it’s time to get them up on your site. Chances are your email inbox has been flooded with notices from companies that have recently updated their respective pages. This is all because of the Facebook fiasco. These pages give your business TRUST and AUTHORITY. They make customers feel good and customers are more likely to do business with a company that includes these types of transparent materials on their web page. We recommend placing the links to these pages at the bottom of the page in the footer.

Customer Reviews

What makes a customer more likely to do business with you? When a potential buyer hears from, or sees another happy customer, they will slightly let their guard down. It’s time to include reviews from your previous customers. Include at least two reviews with their first name, and first initial of their last name somewhere on your home page.

When you have all of these factors in place on your web page, you have just taken the first steps to increasing your customer retention rate from your website.

Author Bio:

Joe works at Rentkidz.com. Their apartment locating company helps match renters with rentals in Austin and Dallas, TX.

Entrepreneur

10 Tech Tips for Starting Your Side Hustle in 2019

Having a full-time job brings certain benefits, like financial stability and loan eligibility. However, some jobs aren’t paid enough to ensure a decent living. Others bring a fair income but may not suffice to employees’ needs. Either way, allegedly about 28% of Millennials in the U.S. have a side job. If you’re thinking to follow in their footsteps, it’s good to make good use of good technology. That’s why we’ve prepared ten tech tips for people who are considering a side hustle.

Using expense-tracking apps

Doing an extra job is pointless if you’re going to splurge all the money you make. That’s why we strongly recommend that you start tracking your expenses. That way, you’ll keep an eye on your income and manage it appropriately.

For instance, Millennials are highly likely to make great use of Wally, while YNAB is a fair choice for family guys who want to plan their budget. You can learn more about other practical expense-tracking apps online on NerdWallet.com.

Saving for the future

When you’ve decided to track your expenses, it’s practical to start saving for the future. The point of doing an extra job shouldn’t be just to cover your basic expenses; it’s for long-term security and freedom.

That’s why you should open a separate savings account and keep putting a portion of your side-job earnings there.

A certain percentage of these assets should be kept in your emergency fund, while others should be saved for long-term investments, professional development, house repairs, etc.

Investing in networking

You don’t have to invest money in order to develop a substantial network of business partners. For starters, you can set up a Facebook business page and advertise what you do there.

Furthermore, launching a LinkedIn account is inevitable if you want to be taken seriously in your niche. Even though LinkedIn is most often used by high-tech, white-collar workers, it can bring benefits to workers in other fields as well.

Finally, you can never tell where networking through LinkedIn can take you!

Managing social media accounts

We’ve already discussed the importance of developing a presence in social media. It’s simple, it’s free, and, what’s more, your business can be easily seen by potential customers.

Still, you won’t have too much time to deal with all your social media accounts. That’s why we suggest using social media management apps that make things more efficient for you. They’ll help you publish your posts in a much faster way. Also, these tools will teach you how to improve your visibility in each and every social network.

Launching a website

Although a social media page will get you ahead in the beginning, you’ll soon need a website after a while. Of course, this website should be as simple as it gets, just to inform people what you do.

Millennials will probably know how to create a website with a number of website builders, including Squarespace. Others should consult professionals, like a professional web design company, to see what type of website would work best for their needs.

Registering on freelance platforms

In addition to social media and your own website, you should take advantage of freelance platforms. Of course, they don’t cover all sorts of additional jobs but for some people, they’re quite beneficial. From language teachers and translators to blog writers and graphic designers, many professionals can find some great gigs there.

Also, you may want to have a look at the list of 50 best companies for freelancers, brought to us by Forbes, and check out their terms and conditions. Apart from that, make sure that your NDA, if any, allows to you to collaborate with the company of your choice.

Making use of online banking

It’s tiring to go to your side gig after spending eight hours or so at work. The last thing you need in that condition is going to the bank.

Because of that, starting to use online banking is a practical thing. Most mainstream banks today offer this service so don’t hesitate to activate it as soon as possible. That way, you can pay your bills from your computer or your smartphone. Also, you can accept and make the payments related to your side job via online banking.

Investing in equipment

If you don’t have top-notch equipment, your output will be limited.

No matter if you mow lawns or play the guitar at the local bar as your side hustle, you need to have all the tools to ensure high work quality.

Having new, up-to-date equipment is especially important for online workers. Needless to say, designers and software developers need to have powerful rigs.

As a matter of fact, anybody working online these days should get a suitable business laptop or desktop computer. That way, you’ll be able to be as productive as it gets on the go.

Keeping track of your duties

When you’re between two or more jobs, you can easily start forgetting things.

That’s why you should start making reminders, even if you never used them before. While fridge post-it notes are just fine, there are some handy to-do list apps like Trello that will make your life easier.

You can create special sections for your regular job reminders, side hustle duties, and family errands. That way, you’ll always keep on track with your obligations.

Taking care of the taxes

In most countries, you’re obliged to report your side job earnings to the tax authorities. Therefore, make sure that you don’t forget to include that additional income to your tax returns.

Before you start doing the extra job, talk to an accountant to find out what expenses are tax deductible. That way, part of the taxes you pay will be returned to you at the end of the fiscal period in question.

Also, you could use one or more business apps for self-employed workers. They’ll make all the business and tax calculations easier for you.

Conclusion

When you’re thinking about doing a side hustle, make sure to give that job a special purpose. It would be great if you manage to put one part of that income aside and start saving money.

This entire process will be much simpler if you use some tech tools. From apps and online channels to cutting-edge equipment, modern technology will help you stay productive. As a result, your additional job will enable you to enhance your financial stability and plan your budget in a more efficient way.

Liam Collins is a tech pundit and Web enthusiast working at Tuispace.com. He spends most of his time reading and writing about the current affairs in the world of information technology. When he isn’t working, he likes going for long bike rides and walks in nature.

Entrepreneur

Helpful Websites for New Entrepreneurs in 2019

Have you recently embraced the entrepreneurial world? If so, you’re probably eager to learn as much as you can about it to grow your new career as quickly as possible.

Websites provide a lot of valuable information you can use as you create your business plan. With so many available, it’s easy to feel overwhelmed by it all (so overwhelmed that you might feel tempted to hire a temporary staffing agency to help you complete your tasks!)

Instead of digging to find the best sites to use as you build your entrepreneurial empire, use these to get you started.

#1: Entrepreneur

The Entrepreneur website has a lot of information on the world of entrepreneurship. You can get inspiration, motivation, and information on how to build a new business or grow an existing one. It’s updated regularly, so you’ll want to bookmark this one to visit daily.

#2: The Startup – Medium

The Startup – Medium is a community of people who specialize in startups. They can help you with any questions or you can read the articles they have available to learn how you can get started or move forward with your startup.

#3: Inc.

Inc. has a lot of information for new business owners. Not only is it updated daily, but it includes expert tips, news, and practical information you can use today to move forward with your business. If you’re feeling stuck, Inc. can help you get unstuck.

#4: Business News Daily

Business News Daily isn’t just for business owners, but it’s for entrepreneurs who want to run multiple businesses at the same time. You can learn about financing businesses on this website, as well as how to grow and lead your team.

#5: Gary Vaynerchuk

Gary Vaynerchuk, an entrepreneur, has achieved unbelievable success with his motivational and informational speeches to entrepreneurs. You can read his books, but his website has a lot of information too. He also has a podcast (you can find it on his website) you may want to start listening to as well.

#6: Startup Grind

Startup Grind is in partnership with Google. It is a community made up of innovators, investors, and startups who share ideas. This is the place to be if you want to surround yourself with people who have been able to succeed at being entrepreneurs.

#7: Under 30 CEO

Those who are in their 20s will love the Under 30 CEO website. It’s geared towards this age group and helps young entrepreneurs with getting started with businesses and growing them despite not having the funds and experience some of the older entrepreneurs have these days.

#8: A Smart Bear

Jason Cohen is a successful entrepreneur that provides advice on his blog. You can learn how he’s made himself a success, and then take some of those tips and integrate them into your plan.

#9: Noobpreneur.com

As the domain name noobpreneur.com suggests, this is for newbie entrepreneurs. It’s a fun website with a lot of great articles on being a successful business owner. This is one of those websites to sit back with some coffee and enjoy.

#10: Freelance Union

Freelancers congregate over at the Freelance Union website. It provides resources, a community, and a blog with a lot of information. Head over to that site if you want to be a freelancer.

More Useful Websites for New Entrepreneurs

Do you have any websites you’d like to add to this list? Contact us via email at sidehustlebusinesshacks@gmail.com with your recommendations.

Entrepreneur

The One Key Philosophical Reminder for All Entrepreneurs with Side Hustles

There are many myths in business.

  • Work hard and you’ll succeed.
  • Do your job and you’ll get a raise.
  • Apply for a million jobs and at least one will get back to you.

But anyone hustling to make ends meet knows that these ideas are all myths.

Nothing is guaranteed in business. NOTHING…

Except taxes, obstacles, pain, disappointment, exhaustion, a lifelong journey of what ifs and fuck yous.

You get the point.

Which is precisely why inspiration is key. As you’re out there hustling day in and day out on your side hustles and projects, it is imperative that you dig deep into your inner core and open yourself up to always, always, always remembering one thing:

Life Sucks

Yep, I said it. It does. It’s full of endless suffering and sometimes it’s generally awful.

That suffering begins with your born day and ends with your last day. Actually, it continues on beyond your last day on this earth because it gets passed down to your next of kin. In some cases, the family you leave behind gets tasked with paying for your freakin’ tombstone (it doesn’t get more morbid than that, huh?).

But knowing that life sucks makes us feel grateful. We become enamored by the fact that we are here, on this earth, with time. Time is more important than everything.

It’s exactly why you’re on this blog trying to uncover ways for you to save more time.

Spend more time being productive and less time trying to understand why your life sucks a little more than the next guy’s. Remind yourself that his life sucks, too. If you don’t believe me, just ask this dude once he’s feeling depressed drunk and in his own head.

So let it go. Understand that time is finite and you might as well try to live your best life; be peaceful, be productive, and absolutely without a fucking doubt be hopeful. Be hopelessly hopeful. Keep hoping until you run out of shit to be hopeful for, and if/when you get to that point, then God damn it hope some more. Keep fucking hoping.

Hope the next day is going to be less stressful.

Hope this next month isn’t going to be as shitty.

Hope that this project is going to come along and help you pay off some of your bills.

Once you lose hope, hope loses hope in you. 

Think about that for a second. I know it’s hard to process but it’s the truth. Once we close ourselves off to the idea of success being an actual, possible outcome – and this deliberately happens once we lose hope that things will work out someday – the universe kind of pushes us away from our proximity to success.

Through the obstacles, ups and downs – through it all – always remember that life sucks, and it’s supposed to suck or else we wouldn’t be happy because happiness would be the norm, so if happiness is the norm then that’s just what it is: the norm, the mind/heart/soul living in neutral.

And because life sucks, always remember as you pursue your side hustle that you are not at the bottom. The bottom sucks more than life. The bottom takes days, weeks, years to rebound from.

If you’re not there, then smile, get your game focus on, and go out there and amplify your earning power.

And don’t stop.

Don’t you stop for a second.

Keep pushing.

Keep fighting.

Keep grinding.

KEEP HUSTLING.

Entrepreneur

Top Six Business Trends of 2018

2018: A Year of Digital Trends in Business

It is not uncommon for entrepreneurs and company leaders across all industries in the business world to look for bold and innovative steps that would give them an edge over their competitors. While some may be trying to get ahead, other are simply fighting to keep up with their counterparts. The advent of technology has made it a lot easier for startups to compete, thereby eroding past practices and creating new strategies for smaller business to succeed.

Here are a few trends that the year 2018 has brought forth (while also noting that these practices might just continue to gain ground going forward in the future):

Digital Banking

This is perhaps one of the more obvious and prevalent trends that continues to solidify its root each year. The advent of digital banking has replaced the traditional over-the-counter-banking system, making it easier for people all over the world to carry their financial records and most of their assets in their pocket. This trend is not just prominent amongst millennials, as even the older generation are beginning to understand the need to adapt to this faster and more convenient solution.

While these trends bring a lot of positives with them, one can clearly see that the direct impact will likely be a rise in cybercrime across all sectors.

Blockchain Technology

The concept of money is one that has been a serious topic of discussion as it is a means of exchange that decides the economic status of the entire world. Therefore, the idea of a universal decentralized system is one that appeals to all. Blockchain technology offers security, authentication – and it is undoubtedly the currency of the future. This means that more and more businesses will adopt the use of this technology in an attempt to become early adopters.

Virtual Workplaces and Remote Offices

As newer job descriptions’ are opening up, there is a corresponding change in the nature of human presence. Businesses are becoming much smarter thereby targeting productivity and space utilization more efficiently. This means that people can now work from all kinds of locations while remaining connected or clocked in to their various bases. Of course, a bulk of this new behavior is made possible by the advancement in the field of IT by newer software that make connectivity much easier and much more convenient.

The Internet of Things, Machine Learning and Artificial Learning

These three concepts have been buzzwords for quite a while and will likely begin to become reality in the near future. Such technology and interaction between physical devices will mean increases in quality of services and interaction among customers and vendors. This also means that businesses can begin to predict human behavior, satisfaction, and respond to their product based on past history. On the other hand, customers can begin to evaluate the services of their favorite vendors even before they initiate contact, thereby ensuring efficiency.

A Need for Advancements in Cybersecurity

There is an ever present danger that is associated with the extreme levels of connectivity around the globe. Identity thefts, Hacking and user data siphoning has become a real and ever present danger and businesses will have to put a lot of resources towards ensuring that this menace is curbed.

Advertising, Lead Generation and Conversion

One of the main goals of every business is to generate revenue. This means that a huge part of their resources have to be devoted into customer acquisition. However, with the arrival of several user platforms consisting of targeted audiences and customers, this has become more accessible. Businesses must begin to devise new strategies to acquire customers without risking information overload. Small businesses may need to lookout for more effective solutions in order to compete with their larger counterparts.

Conclusion

It is important to ensure that you stay ahead of trends and never fall behind them. Every business has trends that are present in specific industries, and you should ensure that you work with the data available to you.
What other business trends have you noticed in 2018 that have made the biggest impact in your industry? Let us know in the comment section below.