In today's episode, Anna looks at that eternal question that continues to rage, as to whether you should take the 'sensible' option of starting a business alongside your job, as a side hustle, or you should quit your job and go 'all in' with your business.
In a nutshell, a side hustle is simply "a secondary job that brings in extra cash". The benefits are obvious: it's the extra cash and, by extension, the diversification of your income, as well as the potential to grow to replace your income entirely. More than 'just' a part-time job, though, a side hustle is about creating assets that create an opportunity to earn more passive income, rather than simply trading your time for money. Continuing in your corporate job while working on your business as a side hustle allows you to keep the security of a steady income while you build your business alongside your current work. You can validate your idea, find out if you really do enjoy working for yourself and start building a client base before you become 100% reliant on the new business as your main income stream. Tune into this week's podcast episode as I discuss the pros and cons of starting a side hustle versus going 'all in' with your business.
*Resources mentioned during the episode*
The One Step Outside Facebook group– Join us over in the Facebook group to meet like-minded people who are working on reimagining success in their life and business and to get access to direct support and free training sessions from Anna. www.facebook.com/groups/onestepoutside
If you're ready to start to reimagine what success could look like for you, here are some of the ways in which Anna can support you:
Get private mentoring for your business – Partnering with a business coach can help you see those blind spots and get both external accountability and expert guidance to take your business to where you want it to be. www.onestepoutside.com/freeconsultation
Get private career coaching – Individual coaching is fully tailored to your specific goals and desires so we can create the programme that works best for you, with the support that you need to move forwards. www.onestepoutside.com/claritycall
Grab a copy of Leaving the Corporate 9 to 5 – After interviewing 50 people who have left the corporate 9 to 5 to forge their own path, Anna has collected their stories in a book that will inspire you with the possibilities that are out there and reassure you that you're not alone in looking for an alternative. www.leavingthecorporate9to5.com
Join the One Step Outside the 9 to 5 Business Incubator – This is your roadmap to transitioning from a corporate job into setting up a meaningful business that will bring you more freedom, flexibility and fulfilment outside of the corporate 9 to 5. www.onestepoutside.com/9to5
Up-level with The Outsiders Business Accelerator – This is a mastermind for entrepreneurs, freelancers and small business owners who want to create a long-term sustainable brand and business. www.onestepoutside.com/accelerate
