The Side Hustle Dilemma: Is It Ruining Small Businesses?

Over the past decade, side hustles have become a dominant force in the economy. From freelance gigs to e-commerce shops run during off-hours, the side hustle culture has inspired millions to explore entrepreneurial ventures. Promoted as a way to achieve financial freedom and independence, side hustles are often seen as empowering tools for the modern worker.

Managing small business growth

However, as the gig economy grows, a troubling question arises: are side hustles undermining small businesses? While the movement to hustle has its merits, its unintended consequences on traditional small businesses and the economy at large deserve scrutiny. In this article, we’ll examine the side hustle phenomenon, its impact on small businesses, and what can be done to create a balanced entrepreneurial ecosystem.…

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10 Reasons Why You Need to Start a Side Hustle in 2024

The concept of a traditional 9-to-5 job is evolving. More and more people are recognizing the importance of diversifying their income streams and exploring opportunities beyond their primary source of income.

Woodworking as a side hustle

If you haven’t already considered it, 2024 is the year to start a side hustle. In this article, we’ll explore the compelling reasons why you need to embark on this journey of entrepreneurship and financial independence.

1. Financial Resilience

One of the primary motivations for starting a side hustle in 2024 is the pursuit of financial resilience. The events of the past few years, from economic downturns to global pandemics, have highlighted the vulnerability of relying solely on a single income source.…

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7 Side Hustle Jobs That Future-Proof You in the AI-Powered World

The rise of artificial intelligence (AI) has caused significant changes in a variety of industries, affecting how people live and work. While some are concerned that AI will replace human employment, there is a growing recognition that it can also generate new ones. One strategy to stay ahead in the AI-powered future is to look into side hustle jobs that compliment rather than compete with AI’s skills.

AI side hustle

In this article, we will explore seven side hustle jobs that have the potential to future-proof your career.

1. AI-Assisted Creative Professional

While AI technologies can automate certain tasks, they often lack the ability to replicate human creativity and intuition.…

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Dos and Don’ts of Part-Time Freelancing

Freelancing can be a great way to supplement your income while you continue to work full-time. However, there are a few things you should do and avoid if you’re looking to freelance full-time.

Generate income from part-time freelancing

In this post, we’ll examine the benefits of part-time freelancing, the dos and don’ts of working as a freelancer, how to balance freelancing with other responsibilities, and tips for staying organized and stress-free. With this information at your disposal, you’ll be able to increase your profitability and grow your clientele as a part-time freelancer.

The Benefits of Part-Time Freelancing

Part time freelancing can be a great way to get your foot in the door and start your own career.…

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3 Side-hustles You Can Convert to Full Time Careers

As we move falteringly towards the post-pandemic era, the world has changed permanently.

But perhaps not all of these changes will be for the worst – employment is one area where it’s possible that workers might enjoy better life-work balance once the dust settles.

Visual artist as a side hustle

photo credit: Dusan Jovic / Unsplash

This is the era of ‘the Great Resignation’ – when millions of dissatisfied workers with an entirely new perspective on what’s important in life are ready to resign their jobs in favour of making a living doing things which make them happier and healthier (as well as paying bills).…

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3 Sustainable Ways to Side Hustle and Earn Extra Cash

Household expenses tend to increase over time, which means you need to grow your income just to hold steady. And if you want to improve your financial situation, you may need to add some different streams of income.

Sell painting as side hustle

No Such Thing as Easy Money

Before we dig into the meat of this article, it’s important to set the right expectations. While you’ll find a lot of articles online – including posts from some pretty highly respected and successful individuals – making bold claims about how you can make an extra $500 here or $3,000 there, the reality is there’s no such thing as easy money.…

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Why You Need a Side Hustle (4 Reasons)

Tired of wishing you had more money? Do you wish you could make those impulse purchases without feeling so guilty or wondering what you should sacrifice?

Businesswoman working on a side hustle

You need a side hustle. It’s not a second job – you don’t have another boss breathing down your neck or a schedule you hate. With hundreds of side hustle ideas out there, it is a gig you do on your own time, as often as you want. You’re in charge of how much you work and how much you make.

Check out the reasons you should consider a side hustle.

1. Income Potential

Living paycheck-to-paycheck drains your wallet and your energy, especially if you have bills to pay.…

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How to Earn Money from Home

With the world in crisis and more people than ever are stuck at home without jobs, there has never been a better time to pick up a side-hustle. A side hustle is something that you can devote whatever spare time you have to whilst earning money at the same time. Ideally, they are scalable.

Make money online from home

A scalable side hustle is one that will grow as much or as little as you want it to. The more you put in, the more reward. These types of jobs are perfect to grow alongside a regular job. They can also grow to the point where you might be able to do them full time.…

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Lucrative Secondary Income Streams to Explore as a Business Owner

Being an entrepreneur has its rewards, but there will always be ups and downs. To mitigate the downs, create an additional stream of revenue that can supplement your business endeavors while you grow. This helps balance out some of the costs associated with running a company, while ensuring that you have a diversified source of income via lucrative secondary income streams.

Additional income for entrepreneurs

An estimated 37 percent of Americans work a side hustle as a way to make this extra money, according to a 2018 Bankrate survey, and the median rate an average person earns in a month from the side hustle alone is $686.…

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4 Lucrative Side Hustles to Explore as a Business Owner

Being an entrepreneur has its rewards, but there will always be ups and downs. To mitigate the downs, create an additional stream of revenue that can supplement your business while you grow. This helps balance out some of the costs associated with running a company, while ensuring that you have a diversified source of income.

Side hustle money

An estimated 37 percent of Americans work a side hustle as a way to make this extra money, according to a 2018 Bankrate survey, and the median rate an average person earns in a month from the side hustle alone is $686. Get extra cash-flow to grow your business, and keep your bank account full, using one of these 4 income stream options.…

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