Looking for a side project? Take some easy steps to understand what might suit you as a way of making money outside of work.
The New Year is a popular time for reflection. Many people spend the start of January considering changes that have the potential to make day-to-day life more fulfilling.
Some decide to kick off the year by losing weight or getting healthy. Others look to focus on their passions and do more of the things they enjoy, potentially even making a little cash along the way.
If you are connected to the internet, expanding on your hobby or making extra money doesn’t mean having to completely abandon your day job.
In 2017, Aussies in search of better life fulfilment and a boost to their finances are predicted to take up a ‘side hustle’, using the web to create their own micro-business.
A side hustle is conducted outside of a regular day job, either to make extra money or as a way of pursuing passions.
nbn discovered through its recently-commissioned Side Hustle Report that this global trend is taking Australia by storm.
The report found that the majority of Australians (80 per cent) are seeking fulfilment outside of work, while one in four say they already ‘hustle’.
The benefit of pursuing a side project of this nature is that it is an outlet for channelling ambitions.
In the long term, it also provides the potential for a completely new direction in life.
Some of the most popular side hustle businesses for Australians include reviewing services or products online, setting up a food and drink related enterprise and providing photography services.
Aussies are side-hustling by selling fashion and beauty products online, or by offering their services as website developers or graphic designers out of hours.
Christian Stenta from global organisation The School of Life is a specialist in helping people to find fulfilment doing what they love.
“Research shows Australians are obsessed with having a better lifestyle and looking for ways to find happiness outside of work” says Christian.
“Fortunately, we’re not limited to our day job to feel challenged and fulfilled.”
Image courtesy: The City Lane
When it comes to finding fulfilment through a side hustle, nbn’s research discovered that the decision of what to actually focus on is the biggest stumbling block.
If you have a hobby you’d like to build on, The School of Life recommends the following steps as a way of using the online realm to open up a world of opportunities:
If building on your current passion or hobby and turning it into a small business doesn’t interest you, but you’d still like to find something on the side, The School of Life has some further pointers:
You may find something as simple as leaving your dog at home alone all day causes you frustration. If that’s the case, why not create a dog-sharing or walking syndicate that can be coordinated online?
Perhaps you feel you’re taking too long to get to work. Adding your name to an online carpool service may help you to travel in the fast lane, while offsetting the cost of petrol and parking.
Should you come up with an idea that is completely your own, you can find online tutorials, how-to-articles, online video tutorials and even social media posts to help you get a brand new business off the ground.
The possibilities for a side hustle are endless, with one of the biggest bonuses being that you can start off slowly and with very little cash investment.
Whether it’s a personal blog with monetised advertising, a service that pays you for giving your feedback or a larger project that is fast-tracked with the help of fast broadband, it is possible to create a side hustle of your own and add a better sense of fulfilment to everyday life.
Want to learn more? Check out why 80 per cent of Aussies are interested in starting their own side hustle.