Many of you visit Student Savings Squad because you are interested in the concept of having a side hustle, but for one reason or another, you are not yet prepared to put that concept into action. But even if you aren't quite ready to start your company just yet, there are steps you can do right now that will make things simpler for you in the future.
Table of Contents
Keeping track of your time.
You don't need to use any kind of official time monitoring tool or anything like that; all you need to do is start paying attention to how you spend your time.
The majority of us like to keep ourselves occupied, so if we find ourselves with free time, we try to fill it. Even if it means doing things that don't need to be done (or don't need to be done by us), we feel like our days are packed with a lot of different activities.
Consider the following questions: How much time do you spend on social media each day?
How much of your time is consumed by all of the busy work?
How much of your time do you spend fantasising about making your classroom look like it belongs on Pinterest?
There is no need for you to make any adjustments to your agenda at all. Simply becoming aware that there are moments throughout the week in which you have the opportunity to make adjustments to the way you spend your time might bring about a mental change that is sufficient to start you moving.
Put up some cash for a rainy day.
Even while it is possible to launch a company with no capital at all, it is considerably simpler to do it if you already have some money saved up.
If you intend to construct the structure on your own and are both able and willing to do the labour yourself, my recommendation is that you put aside at least one hundred dollars in order to cover the most fundamental of costs.
Starting kits for multi-level marketing businesses may often be purchased for between $200 and $500.
When considering the production of a product, you should normally budget for a more substantial initial expenditure.
Carry out some research on the market and question customers.
You: Tell me, what is a predicament that you are able to remedy? How can you assist other people in simplifying their lives and making your own easier?
People I Know Personally: Which of the following do you wish were simpler? Would you be willing to pay for a solution if I could make this scenario less time-consuming, less bothersome, or less difficult?
The Unknown: I have a thought regarding ___, and I was wondering whether you also struggle with this issue. What would you anticipate receiving in exchange for accepting my offer of ____ if I were to make it? What sort of a price would you anticipate paying for it?
Think on a grand scale.
When you get some of the preliminary planning work out of the way, it clears the way for you to start seeing your dream as something that is actually possible.
