Start your side hustle while keeping your day job for stability from "summary" of Side Hustle by Chris Guillebeau
It's true that starting a side hustle can be risky. You might be tempted to quit your day job and jump right in, but that could lead to financial instability and added pressure to make your side hustle work as quickly as possible. Instead, consider the benefits of keeping your day job while you launch your side hustle. Having a stable source of income from your day job can provide you with the financial cushion you need to cover your living expenses while you invest time and money into your side hustle. It takes time to build a successful side hustle, and having the security of a steady paycheck can alleviate some of the stress and uncertainty that comes with starting a new venture. By keeping your day job, you also have the opportunity to test your side hustle without the pressure of having it be your sole source of income. You can experiment with different ideas, strategies, and markets to see what works best for you. This trial-and-error process is essential for refining your side hustle and increasing your chances of success in the long run. Additionally, maintaining your day job allows you to continue building valuable skills and experience that can benefit your side hustle. You can leverage your existing network, knowledge, and resources from your day job to support your side hustle and help it grow more quickly.- Starting a side hustle while keeping your day job gives you the best of both worlds: stability and flexibility. You have the security of a regular paycheck while pursuing your passion and building a business on the side. This dual approach can increase your chances of success and make the transition to full-time entrepreneurship smoother when the time is right.
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