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How to turn side hustle into full-time job

Dear Diary, How Do I Make My Side Hustle My Main Hustle?

It all started as a little experiment, a fun project I could sink my creative teeth into. But now, my dear side hustle, you’ve outgrown your extracurricular status. You’ve sprawled into something that keeps me up at night, brainstorming and daring to dream bigger. So, how do I make you, my beloved side hustle, my main hustle?

The Balancing Act is Getting Too Real

Seriously, choosing between my day job responsibilities and my passion project is like juggling flaming torches while riding a unicycle.

If you’re reading this, I’m guessing you know exactly what I mean. Our problem isn’t just that our side hustles are demanding our attention – it’s that our day jobs aren’t exactly giving us the freedom (or time) to fully chase our dreams. Maybe you’re experiencing the same late-night brainstorming sessions and early morning coffee refuels that have become my normal. But how do we manage to make this leap without defaulting on rent? Let’s hash this out together.

Step 1: Know Your Numbers

First things first, money matters. How much do you need to survive and thrive without your main job’s paycheck? Make a list of your monthly expenses, from rent and groceries to those little luxuries (I’m looking at you, overpriced lattes and spontaneous online shopping binges).

Next, tally up how much your side hustle currently brings in. Is it enough to cover the basics yet? If not, how much more do you need it to make? Knowing these figures will help you set clear financial goals, which makes the transition a bit less scary.

Step 2: The Time Crunch

“If only I had more time…” Oh, if I had a dollar for every time that thought crossed my mind, I’d already be rich.

But, time is a tricky one. We can’t just manufacture more of it, so we’ve got to be strategic in how we use what we have. Start by auditing your current schedule. Where is your time really going? Are there any chunks you can reclaim for your side hustle? Even an extra hour a day can make a huge difference.

And here’s a plot twist: Sometimes saying “no” is the most productive thing you can do. Take a look at your commitments, both work-related and personal. What can you back away from to make more room for your growing side hustle?

Step 3: Test the (Financial) Waters

Before you cannonball into the deep end, how about a graceful dive from the kiddie pool? In other words, test the feasibility of your side hustle as your main gig while you still have your safety net (aka your full-time job).

This might mean taking on a few extra clients, releasing a new product line, or launching a limited-time offer. How do your customers or clients react? Can your side hustle handle the increased demand? More importantly, can you handle it without sacrificing quality or getting totally overwhelmed?

Step 4: Build a Runway

Okay, I’m mixing metaphors now, but bear with me. A financial runway is the amount of money you have saved to cover your expenses as you transition from side hustle to a full-time gig. Ideally, you want enough saved up to comfortably live for at least 3 to 6 months without a steady income.

This savings cushion will give you the peace of mind you need to focus on growing your hustle, instead of freaking out about how you’re going to pay next month’s bills.

Step 5: Make the Mental Shift

This might be the hardest part, but trust me, it’s vital. You need to start seeing yourself as the CEO of your side hustle. No more “Oh, I’m just doing this on the side; it’s not a big deal.” Yes, it is a big deal. You are a boss, and bosses need a confident mindset to make big decisions.

That means setting boundaries. Just because you’re working from home now doesn’t mean you’re available 24/7 for friends and family. Create a work schedule, stick to it, and make it clear to others that your time is no longer up for grabs.

Step 6: Network Like a Pro

Don’t underestimate the power of a good support network. Find other entrepreneurs, mentors, or even friends who have made the leap before you. Their insights, advice, and moral support can be priceless. Attend networking events, join online forums, and don’t be shy about sliding into those DMs for a bit of business chatter.

Hate doing marketing and networking on LinkedIn? Consider hiring a part-time social media virtual assistant to help you get your name out there.

Step 7: Just Do It

Alright, Nike had it right with this one.

Eventually, you have to take the plunge. There will never be a “perfect” moment where everything aligns just so. If you’ve done your homework, tested the waters, built your runway, and made the mental shift – it’s time to go for it. Trust in your hustle, because it’s got you this far, hasn’t it?

Signing Off (For Now)

So, diary, I think I’ve got my game plan. This journey from side hustle to main hustle won’t be easy, but I’m ready to take the leap. To anyone else reading, let’s do this together. We’ve got dreams to chase, and side hustles ready to shine in the spotlight.

Time to get hustling!