Unless You Can Handle These 4 Basics You Aren’t Ready for a Side Hustle

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Start reading books on the subject and you’ll get the hang of it as you go if you’re willing to start learning this skill. Some good books to start with are Deep Work, Getting Things Done, Eat That Frog, 7 Habits of Highly Effective People, The Power of Habit and The Miracle Morning.

It’s easy to see why many people quit building their business on the side while working full time.

Can you hold yourself accountable?
It’s actually the reason why I failed the first time. Most of the time, the main reason is that they don’t hold themselves accountable.

Choosing business you are passionate to pursue.
The next thing that makes people quit on their path to building their business is not being passionate about their business idea. Yes, you will need to do stuff that you’re not passionate about, like coding or some repetitive boring tasks. You won’t be able to stick with it if you aren’t passionate about the business itself.

There are many things that they face that make them stop building their business and give up. These are the four most common reasons people quit.

Managing your time.
If you’re working on the side, this skill is probably the most important one you need to have in general but especially. Getting more done in less time is critical, but many people don’t know how to manage their time and aren’t willing to spend the time to learn. Don’t bother starting a side business if you are this type of person.

Set up accountability systems right away to help you get going when you’re excited about your business idea. It could be as simple as being part of a mastermind group or giving a check to your friend to donate to a charity you hate (if you don’t meet certain goals), and so on.

You can’t expect to build a successful freelance writing business unless you’re passionate about writing.

Related: How to Start a Side Hustle Without Quitting Your Day Job

The road is not easy, but you can do it. All you need to do is to be aware, be prepared and start taking action right now to help you accomplish your goals.

You need to pay the price. Read what other entrepreneurs have done to build their businesses if you want to prepare yourself. Read their stories and autobiographies to help you form a better idea of what you’re going to face.

You will face a lot of obstacles on the road. Financial obstacles, management obstacles and many others. You need to be aware that you’re going to face these problems and be willing to face them before you start.

Be realistic about necessary sacrifices and inevitable obstacles.
Many people start trying to build a business unaware of the obstacles they’re going to meet and the sacrifices they need to make in their lives to finally reach their goal. Not only is it a long-term process where you’ll need some time before you see your business really get going, but you’ll also need to sacrifice a lot of the time you spend with your friends.

How Success Happens

Getting more done in less time is critical, but many people don’t know how to manage their time and aren’t willing to spend the time to learn. If you are this type of person, then don’t bother starting a side business.

The next thing that makes people quit on their path to building their business is not being passionate about their business idea. If you aren’t passionate about the business itself, then you won’t be able to stick with it.

If you want to prepare yourself, read what other entrepreneurs have done to build their businesses.

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