Like everyone else, I too have a day job and a personal life. I have to pay the bills, look after my loved ones, take care of my health, have some fun, and so on. So I’ve always wondered, how can I make money when I have a job, a family, and other commitments. I’ve tried a lot of side hustle ideas and it’s never been easy. But now I’ve found a way to bring in extra income while managing my time between work and other commitments. In this episode, I’ll share with you my method to quickly build a side hustle business that fits your lifestyle so you can have your cake and eat it too!
Watch the full episode of How To Build A Side-Hustle Business That Fits Your Lifestyle?
How To Build A Side-Hustle Business That Fits Your Lifestyle?
What is a Lifestyle Business?
A lifestyle business is a company in which the owner enjoys the current income and takes the pleasure of being in control of his own destiny. It is a business, which can produce enough income so that the owner can quit his 9-to-5 job and live off his profits. It doesn’t have to be a huge success or one where the owner doesn’t have to work very hard. It’s simply a business, which allows the owner to do what he really enjoys doing.
How to build a Lifestyle Business that works for your lifestyle?
- Know your “why”.
Knowing your why is the secret to success. It will help you stay focused, even in times of hardship and failure. It’s the driving force behind your daily actions. Why be rich? Why be successful? Why do you want to become an entrepreneur? Those are questions that you need to ask yourself before you start a business or go full-time into a business that you are passionate about. Question: Which industries do you think are good for starting a business and making money? Answer: The world is your oyster. Really. It’s that simple. If you can think it up, then you can do it. As long as you are willing to do what it takes, that is. The more time you put into it and the more willing you are to take your time, the more likely it is that you’ll succeed. - Learn from experienced entrepreneurs.
We all learn from our own mistakes. That’s fine, except that the mistakes we make can be very expensive, both monetarily and in terms of time. We can save a lot of time, money, and effort by learning from the mistakes of others. This is especially true in business and investing, where so many people do the same things over and over again, expecting different results each time. A huge percentage of the wealthiest people attribute their success to learning from other wealthy people. In fact, they say learning from other people is the most powerful way to get ahead.
How to stay focused on building your lifestyle business? Don’t listen to nay-sayers and negative people!
Criticism is never a bad thing. What matters is how you deal with it. As Edwin Louis Cole once said, “The secret of change is to focus all of your energy not on fighting the old, but on building the new.” If there is anything that you should change in yourself, do it. If there is anything you can learn from others, heed those words. But if people are just being negative, then the last thing you should do is fall into their trap. Instead, do something positive that can move you forward. Build on the foundation of your strengths and always believe in yourself.
The good news is that you can and will improve your business regardless of the challenges you face. A person who achieves success builds that success out of hard work, reliability, honesty, and excellence. Any negativity that is thrown your way should be ignored as it most likely comes from a negative person. And, in order to get wealthy in all aspects of your life, you have to be a positive person – not a negative one.
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