Overcoming Challenges and Sustaining Success
Now, no matter what stage your side hustle is in, you need to know that you are going to face challenges and obstacles, and as your side hustle grows, these are going to grow too. No matter what the obstacle or the challenge is, there are often a few different ways to overcome them and focus on getting back on track to success.
Dealing with Setbacks and Obstacles
First, always take a step back from the problem. It can be extremely easy to fall into a knee jerk reaction whenever someone comes in late, an unexpected bill is due, or an angry customer leaves a one star review. However, the knee jerk response to the first answer is never the correct answer, and the best thing to do is put some space between you and the problem in order to approach it rationally and peacefully.
Next, instead of getting angry at the problem and feeling stress, anxiety, or worry about what happened, try to turn your mind towards a solution. It can get very easy to ruminate and moan about the problem and become a victim to your circumstances, but as a side hustle business owner you need to be able to stand up and become a leader and make your circumstances obey you and all your needs.
Often, if you take the time to think about your problems and give yourself time to find an answer, you will be able to get some traction on finding a massive solution that will get you moving past the problem.
Balancing Your Side Hustle with Other Commitments
Still, one problem that might be a bit harder than others to solve is the fact that a growing side hustle (especially if you have other employees and people handling delegated tasks for you) can take up a lot of time to the point where it becomes a second job. Now if you aren’t one of those people who dreams of making enough with their side hustle to be able to quit their day job and do it full time, that’s fine, but you still need to balance your time.
So make sure to have an updated schedule of what your side hustle is going to take from you and how much time and energy you need to give it. Now if you are delegating and stepping away from the grunt work and day to day main tasks of your business, then it shouldn’t require as much time as if you were doing that and the leadership work. But it can still take up a lot of time.
Don’t be afraid to restructure your day and maybe make some sacrifices in order to give yourself time to have everything done for your side hustle. It will be a balancing act to manage a side hustle, another job, and the various commitments of your family and your life, but you will find a way to do it.
Maintaining Long-Term Success and Growth
Now, it doesn’t get any easier if you are one of those people who dreams of making enough with their side hustle to be able to quit their day job and do it full time. Even if you leave your old job, now you’ve got quite a lot riding on the side hustle, and no matter your financial situation you will still need to put in a lot of work to keep the side hustle going.
The best way to handle the juggling of all these time commitments is to make sure that you are clear on how much time you have each day, what spare time you can shuffle around, and what you need to sacrifice to make it happen. Getting your schedule written down and focusing on having it laid out in front of you will be very beneficial.
Finally, you need to make sure you have a way to maintain this long term growth. This often means investing the time into your business to keep it running, but you don’t want to get complacent. No matter what you do for a side hustle, you are going to have some competition and other people doing the same thing. If you continue innovating, growing new products, testing them out, and working harder on making sure your side hustle is the best option, then you will continue to stay in the game.
So make sure that you don’t take your foot off the gas and continue to push yourself to become the best you can be. While you can celebrate your successes, rest on your laurels for a bit, and have some fun and get some rest, don’t ever stop trying to push your business to being the best it can be.
There might be a point in your business where you feel like you have hit a ceiling, or where it feels uncomfortable to grow. Maybe you have all the money and stability you want, maybe you feel like you are starting to reach your limit, or maybe further growth just doesn’t seem appealing to you.
It’s something to think about if you reach this point, because you can be perfectly content in your business, but if you want to keep growing you will need to do your best to push past the discomfort and try to keep on growing. Because who knows what heights your business will get to if you don’t stop?
In Conclusion
Building a side hustle, any side hustle, is extremely hard work. It’s tough, it will demand a lot of you, and even if you could see yourself doing your side hustle for the rest of your life, you will still find some struggle with it at the end of the day. But don’t give up at all!
You have the blueprint, you have the skills, and you have all the resources and help you could ever want if you just ask for it. So don’t be afraid to start building a side hustle, whether you want to build something that will eventually replace your main job and be one of the key things that support your family, or you just want something to do with your evenings and a skill you have a passion for, a side hustle can be something that gives you real benefits.
Plus, at the end of the day building a side hustle about something you are passionate about is fun! And you can really get into having fun with the process and enjoying the process of building the business, which will not only make you more motivated to do it, but will also make you more motivated to see some real success.
If you want to build a side hustle, the only thing that will ever stop you is you. There is something that you need to remember and should probably repeat to yourself whenever you run into problems with your business.
“Doubt has killed more dreams than failure ever will”