A growing number of people are ditching the 9-5 life and turning their passions and hobbies into a full-time job.
And, for this new breed of savvy entrepreneur, it often starts with a side hustle.
Let’s look at 18-year-old Adwoa Owusu-Darko from the UK. At 15 years old, Adwoa started buying and selling second-hand clothes to boost her pocket money. Today, she’s the proud owner of an independent clothing shop in London called Mini’s World.
Then there’s Ben Towers. While at university, the computer science graduate made a little extra cash by helping his parent’s friends set up websites for their business. Now, Ben is a 24-year-old founder and CEO of a digital marketing agency.
Who said this younger generation doesn’t want to put in the work?
And there’s more to side-hustling than making money from what you love. Because if you get it right and go full-time, you’ll have something that 90% of contracted workers dream about every Monday money: independence and freedom
“I can wake up tomorrow and say, ‘You know what, I’m really not feeling great.’ So I take this day off and chill,” says Adwoa Owusu-Darko. “Then the next day, I can scale up and work from 5 am to midnight if I want to. That is what gives me a quality of life. That’s something I’ve always aspired to. Money is nice, but happiness is better.”
Does that sound like the life you’d like to live? OK then; this latest study from OnDeck can help you get it.
Using data and advice from a range of expert business sources, OnDeck put together a list of the 11 most common mistakes new side hustlers make. And more importantly, it shows you how to avoid them and what to do instead.
It’s the complete, step-by-by guide to becoming a successful side hustler.
11 Common Side Hustle Mistakes (And How to Avoid Them), courtesy of OnDeck