Testing the Waters: Using Side Gigs to Explore New Career Paths

With record-breaking inflation, the trend of side gigs has been on the rise. Add onto the minimal growth in wages; it’s a recipe for financial strain for many working adults. That’s why it‘s no surprise that 50% of Americans now have a side hustle (from 45% last year), with Gen Zers and millennials leading the trend.

If you are on the fence about side gigs, this update will help you decide. We’ll share key tips and insights on using a side gig to build new skills and increase your earning potential, whether you're looking to transition to a new career or supplement your existing income.

Why Use Side Gigs to Explore a New Career

Here are some specific reasons why you might consider using side gigs to explore new careers:

• Gain real-world experience: Side gigs provide an opportunity to gain hands-on experience in a new industry, which is valuable for building skills and understanding the day-to-day work of a particular job.
  
  It also gives you an idea of how you will move forward in that particular gig or, more formally, career once you decide to put more time and effort into it. Nothing beats experience!
  

• Develop new skills: Learning a new skill or two is essential when transitioning into a new career path. Fud, for example, has “hustle courses," which are a step-by-step guide on how to do a particular side gig. Instead of watching long, boring courses, you get into the meat of what you need to learn right away. This is especially helpful if you have a 9-5 job and do not have enough time to watch full courses.
  

• Expand your network: Taking on a side gig can help you build connections and relationships with people in a new industry, which can be valuable for future opportunities.
  

• Improve your financial situation: Even as a beginner in a particular side gig, you have the potential to earn more money. This is great if you need an additional source of income to pay off debt, save for the future, or improve your overall financial situation.

How to Choose the Right Side Hustle for You

When finding a side gig, carefully evaluate your options to align them with your career goals.

Here are factors that will help you decide:

Time commitment: Evaluate the time commitment required for the side gig and ensure it fits within your existing work and personal commitments. A side gig that requires too much time could harm your overall well-being.

Financial compensation: Evaluate the financial compensation offered for the side gig and consider if it is worth the time and effort required. Remember to factor in additional costs such as transportation, equipment, or supplies. However, most side gig only requires your time and effort.

Opportunity for feedback and mentorship: Find a side hustle with a thriving community that will allow you to seek feedback. A side hustling community like Fud can help you improve your skills and performance. Communities will also help you look for opportunities to connect with a mentor or coach who can provide guidance and support as you navigate your side gig and career goals.

Trajectory and goal alignment: Consider if the side gig aligns with your long-term career goals and trajectory. Does it provide opportunities for growth and future career advancement? Evaluate if the skills and experience gained from the side hustle will be transferable to other roles or industries that interest you.

Fud Hustle: The Easy Way to Start a Side Gig

Looking for an easy and effective way to start your side hustle? Check out Fud Hustle! With Fud, you can connect and engage with proven and vetted experts and others on the same journey. Plus, it features a social to-do list to help keep you accountable and remind you of what you must do to reach your goals. Join Fud Hustle today and take your first step towards a successful side hustle!