Just about everyone I speak to have ideas they would like to try as a side hustle, to see if they can eventually leave their boring 9-5 jobs, and do their own business.
Let’s say you are interested in starting a side hustle, and maybe you’ve just started, but you have a bunch of excuses you can lean on, to avoid progressing.
Let’s break down the main four excuses that I regularly hear, and give you methods to overcome them.
It will cost too much
Sure, it may be a big expensive end product you want to build, but surely getting started, planning it out, building an audience and validating the idea is actually just a small budget.
Unless you are planning to build interstellar rockets, you can try out an MVP in a small way first. A few years ago, I started a side hustle for less than $99. I actually made $300+ from that $99 in the first few months, and then I sold it for over $1,000.
Sure, it’s not a lot of money, however that time was spent learning and having fun. So, I actually got paid to learn and have fun.
I didn’t need any fancy branding consultancy, or legal work, or managed it services or accounting or any of the many things a larger business needs. At that stage, I was purely just testing out an experiment as a solo founder with no staff.
You should be able to get started, plan your side hustle out, validate that it may be worth pursuing, and build your audience for less than $99. For many of us, that’s the cost of a good meal out, right? Will you risk a good meal to test out a business? I hope so.
I’ve got no time!
Of course you do. You just choose to priorities other things instead of your side hustle. There are 168 hours in a week. Let’s say you sleep eight hours a night. That’s 56 hours. Then work eight hour days, five days a week. That’s only 40 hours.
So, by my calculations, we still have another 72 hours per week not accounted for yet. Sure, you need time for eating, showers, commute, but that’s nowhere near 50-60 hours, right?
So please stop using a lack of time as an excuse. You decide how your time is spent. You either priorities this, or you don’t. That’s up to you and only you.
It might fail
Sure, it may. In fact, statistically most side hustles will. If you think about it, just about everything in life may backfire. The point of side hustles though, is to take what you learn from these experiments, test out new things and maybe just maybe turn a side hustle into a viable business.
In my mind, the worst case is that you take away some valuable lessons. That’s not really a failure, right? Your two results of a side hustle are either success (which is fantastic!) or you learn some valuable lessons (also great!).
It is a big job
Sure, depending on what you are planning, it might be. Maybe you need to consider how to scale it back to something more manageable, or pivot to something easier to create on your own.
Maybe you can just take longer to do it. I’ve spent a few months now, at a few hours a week, getting my newest side hustle, a database of guest blogging sites, ready for public launch. It’s been a lot longer than if I worked on it full time, but that’s the breaks when it is purely a side hustle.
Alternatively, you can do all the planning, testing, validating and ensure you have all the groundwork done, and then look for others to help you. It doesn’t need to just be you forever.
We’ve ticked off the four main excuses people use to not pursue a side hustle. You now either agree that you’ll continue to pursue your idea of a side hustle, or you’ll accept you are using one of these excuses so you’ll never try.
I urge you to give your side hustle idea a good attempt. The worst that can happen is that you lose a few dollars and gain some valuable experience. If your side hustle does work, however, imagine the possibilities for a happier and brighter future for you and your family.