People with successful side projects may have been more likely to respond, but it still demonstrates that money can be made on the side of most full-time jobs. Sure, you can use the extra cash to grow your savings account, travel more, and eventually quit your job if your venture becomes successful.
But learning how to build and sell products and services on the side also offers several related benefits: Security. A day job can offer stability, but it also puts your earning potential all in one basket.
If you lose your job, you lose your only source of income. A new hobby.
Creative people tend to cross-pollinate their hobbies and day jobs. Hobbies are something fun to do, yet they sometimes have spillover benefits for your day-to-day work.
They give you another place to learn and grow, even if your day job or another important activity has hit a wall. Building your money-making skill set.
Making money is its own distinct skill —one you need to practice if you want to turn interests and talent into a sustainable business. Can everyone make money on the side?
You see a lot of successful business people who manage to create success after success after success. The differentiator is the power of belief. The reason that many online marketers can create a product, make boatloads of money, and then do it over and over again is because, after they had done it once, they knew it was possible. There was no longer doubt about whether or not they could do it.
Take Sandy from this episode of Guess My Hustle. She sells the products her pup wears on her website, Spotted by Humphrey.
The answer to that is a resounding, "Yes. Before you dive in, there are some mindset principles that you need to adhere to. Moving beyond the scarcity mentality is crucial. That's just a belief system.
Her content has attracted overfollowers and led to her online pet retail store being profitable while she was still holding down her accountancy job. The idea sprung to mind when the cold Toronto weather led to James looking for a coat for his wife.
- 16 Realistic and Actionable Ways to Make One Million Dollars
- Key Takeaways There are now more than 11 million millionaires in the United States.