MINDSETS FOR A SIDE HUSTLE
Starting a side hustle is not just about the actions needed to create the product or service to sell. It starts with the right mindset. If you are going to be combining your 9-5 job with building a side hustle and for some people, raising a family at the same time, you will need the right kind of mindset to scale all these hurdles.
Four mindsets you will need to develop are those of:
- Deal with your fears
- Learn on the go
- Don’t run away from failure
- Be Courageous
Let’s explore each of these.
Dealing with your fears
Fear is a fact of life. It is a legitimate feeling we all experience but it can also become one of the biggest hurdles to building your side hustle. When Jessica overcame a lifelong fear of indoor cycling, she learnt one thing about fear. It can be an illusion that is just a:
False Evidence Appearing Real
Jessica asks us all this crucial question:
How many times have you had big goals and dreams for yourself and your business, only for fear to stop you in your tracks?
It can be something like starting your own blog, selling something you made on Etsy, writing an ebook or setting up your own Amazon shop. When you think about it, fear creeps into your heart and stops you from doing it. Or according to Jessica, you are suffering from one of the following:
- You are afraid others will judge you.
- You are scared that you will look stupid.
- You are terrified that you will fail.
Everybody who wants to do something will feel some or all of those things but those who succeed do the one thing that dissipates fear.
They take action!
The truth is, you can’t stop fear, but you can decide that it won’t control you or stand in your way as a barrier to achieving your dream. To succeed you will need to act, feel the fear and just do it anyway.
“The only difference between those who reach success and those who don’t? Even though the fear is there, they have the will to push through it, no matter what.”
Learning on the go
Jessica had an interesting experience when she was employed as a destination shopping assistant on a cruise ship for six months. She had never done anything like that before. She had no clue what the job involved. All she was counting on was the training she would get from the outgoing person currently in the role.
But sometimes even our most carefully laid out plans fall apart. Just as she started the job, the person who was supposed to train her had an emergency and left immediately. Jessica did not get a single minute of training but still had to do the job. As expected it started out as a disaster but Jessica picked herself up and learnt on the go as she did the job and was recognised as one of the best people to take on the role after her six-months stint was up.
What does this story have to do with you and your side hustle? You will never know everything you need to know to build your side hustle and you should not let that stop you. Become a learner, build and learn, build and learn. Being an entrepreneur according to Jessica has no employee handbook or guidance principles to follow.
“By keeping an open mind and absorbing everything that comes your way, you can shape and shift everything about your future – both yourself and your future.”
“…if there’s one thing you need to remember about the ‘learn as you go’ approach, it’s that you don’t need to know everything.”
You don’t need to know all the steps necessary to move forward with your side hustle. Identify the first step and take it and the next step and the next step and keep going as you learn.
Here are three actions Jessica suggests we should take:
- Step 1 – Identify the first step.
- Step 2 – Take action.
- Step 3 – Trust the process.
Don’t run away from failure
Failure is your friend and not your enemy so don’t spend all your time trying to avoid it. Rather, if it does happen as you build your side hustle, and it will, embrace it and learn from it. In all honestly none of us like failure. It does not feel great but if you are going to step out and do something, there are things you will do that will not work. How you respond in those situations is really important. To deal with failure, have these points in mind:
- Failure is redirection. It’s a learning lesson to either pivot to a different direction, adopt a new approach, or move on completely.
- Failure gives you advice. It can act as a compass leading you to where you should go.
- Failure makes you stronger. As you keep bouncing back from it, failure helps you realise how strong you are.
As you build your side hustle you will face fear, need to learn as you go along and sometime fail. Dealing with all this requires that you be courageous and persevere. In other words, don’t give up. Being courage requires you to keep your eyes on your vision and push on even when things don’t look bright. The more you do this, the more you build your courage because it is like a muscle.
“When you’re courageous, it means you are keeping your vision strong with the unwavering belief that there’s a better outcome at the end, despite moments of uncertainty”.