If you Google the term, “Millennials”, you’ll probably see articles and definitions from the urban dictionary that will deem us as lazy and whiny narcissists. It’ll mention our love for avocados, our obsession with social media, and our hatred for “adulting”. Millennials are notorious for being deep in debt from student loans, credit cards, and lack of financial education from our baby boomers and Generation X’s.
Our disdain for hustling up the corporate ladder, micromanagement, and authority is perceived as being spoiled, but it’s only the effects of witnessing our guardians being overworked and underpaid for their precious time. As the cost of living rises, the pressure to impress others increases, while our paychecks remain the same.
Determined to pay back Sallie Mae while not sacrificing “self-care” and our time with family and friends, we have coined the term “ work/life balance”. To accommodate our work/life balance, we have created the only suitable method for supplementing income, the “Side Hustle”. Side hustles aren’t your Mom’s Mary Kay or your Dad’s pyramid schemes.
Side Hustle: a way to make some extra cash that allows you flexibility to pursue what you're most interested in. It can also be your true passion – a chance to delve into fashion, travel or whatever it is you care about the most without quitting your day job.
Side Hustles range from driving for Lyft or utilizing other app-gigs to being an influencer or starting your own dog walking service. There’s no limit to the amount of money that you can make and time that you can put into it. You are your own boss and the controller of your schedule. The beauty of side hustles is that you have the option to turn your side hustle into a full-time money-maker. I have encountered many people who have quit their dead end jobs and maximized on App-gigs for the flexibility to pursue their passions. I have also met many people that have turned their side passion projects into careers by fueling it with dedication, strategy, and the desperation to get out of corporate America.
Stepping outside of the comforts of the conventional job structure can seem overwhelming but taking the first step will open up a world full of resources and possibilities to achieving personal success on your own time. Start with asking yourself these 4 questions to find the side hustle of your dreams.
1. What’s my passion?
If being miserable is not an option for you then figuring out your passion is a must in order to succeed at a side hustle. Is it clothing? Concierge service? Art? Animals? Cannabis? Binge watching Netflix shows? The easiest way to discover your passion is to figure out what you would do for free. The passion behind what you enjoy doing for free is what’s going to fuel your consistency when you run into obstacles.
2. What skills do I possess?
Gone are the days when women had to possess trade skills that were limited to sewing, cooking, and selling makeup (and crystal) in order to be an entrepreneur. In 2018, millennials have the luxury of starting a business by utilizing skills that would have gotten our parents shunned at our age. Think beyond the obvious trade skills such as hair styling, tutoring and graphic design.
Start by making a list of every common and unique skill that you’ve acquired. Is it easy for you to watch tv all day? Do you have a knack for storytelling? Have you mastered the art of taking and editing selfies? Are your twerking skills leaving others in awe? There are so many talents that we haven’t tapped into because they may seem trivial when they could be the very skills that could be profitable.
3. What problem am I solving?
The essential link to profiting from your passion and skills is to solve a problem that others may or may not know that they have. Let’s take twerking (aka freaking for 80’s babies) for example. This was a dance that was popular in the 90’s and has made its way to mainstream media in the 2010’s. If your passion is twerking and you have the skills to back it up (pun intended), there is a market for it (aside from the obvious profitable route). The problem is that this is a dance trend that many people would like to master, but embarrassingly fail at it. The obvious solution is to teach them how to twerk properly, but there are different ways to profit from this. You can host an online and/or offline twerking class and charge per person or seek paid sponsorship. The great part about this is that you can easily coordinate the twerk sessions in just one day. The key to turning your passion into a side hustle is to find the problem that needs to be fixed or bruised egos that need to be boosted.
4. How can I utilize the side hustles available until I create my own?
Unless money management is an issue, there is no reason why anyone should be broke in 2018. In our parent’s prime, making extra cash on the side meant working at a gas station, waiting tables, or selling drugs. In our current millennial adult age, we have the beautiful app-gig era. Millennials, Gen X’s and even baby boomers are taking advantage of app-gig opportunities like driving for Uber, delivering packages for Amazon Flex, delivering food for Postmates, doing chores on Task Rabbit, and selling fashionable items on Poshmark. Until you can create the side hustle of your dreams, put Instagram scrolling on hold, give Candy Crush a break and make use of the profitable applications on your smartphone.
Blogger, Crys Watson of The Stylish Activist