How to Start a Side Hustle in 5 Easy Steps

Looking to make some extra cash on the side? Starting a side hustle can be a great way to achieve your financial goals and explore your passions. But where do you even start?

Here are some practical tips to get you moving right away:

#1 Choose a Side Hustle

Of course, choosing what you want to do is the first step in starting a side hustle. Consider your skills and interests. Are you great at writing or designing? Do you have a passion for photography or cooking? Look for opportunities that align with your skills, interest, and the potential money you will earn. Yes, you may want to do a side hustle purely for the money, but liking what you do really helps a lot when you’re “in the grind.”

When researching side hustles, don’t just rely on information online. Sometimes, figures online can be overly inflated or unrealistic. Ask experts or people from a trustworthy online community like Fud who have been through where you are now.

#2 Set aside time

Managing your time is critical when starting a side hustle. According to reports, most side hustles require at least 10 hours weekly. Evaluate your schedule and find time to work on your side hustle. Set goals and deadlines to help you stay on track.

• Create a schedule and stick to it: Set aside specific weekly days and times to work on your side hustle. Treat this time like you would a meeting or appointment.
  

• Prioritize your tasks: Always prioritize tasks that directly impact your earnings. Focus on completing those tasks first.
  

• Use a productivity tool: Consider using a productivity tool like Trello or Notion to keep track of your tasks and deadlines. Some of these productivity tools are AI-powered, which helps you do more in less time.
  

• Eliminate distractions: Minimize distractions during your side hustle time. Turn off notifications on your phone, close unnecessary tabs on your computer, and let your family and friends know you will be unavailable during this time.

#3 Set up your “business”

Even as a freelancer or side hustler, you must register your business or report your earnings to the IRS if you meet a minimum requirement. Set up a separate bank account to keep track of expenses. Research and comply with any local laws and regulations.

Also, it’s always good to create SMART goals that outline a clear plan for what you will do. This will help you stay organized.

#4 Find a mentor and join a community

A mentor who has been in your shoes can provide valuable guidance and advice. Join online communities or forums related to your side hustle. Connecting with other side hustlers can help you navigate challenges and provide solutions and inspiration.

#5 Start a Fud Hustle

Fud Hustles features courses from experts with step-by-step guides to help you start a side hustle and earn money immediately. Fud also offers a social to-do list to keep track of your goals and stay accountable. Share your progress, get feedback and support from the community, and connect with mentors for expert advice and guidance - at no cost!