It's 2018 and "portfolio careers" are becoming more prevalent than ever before. People born in the 1960s and 1980s averaged two job changes by 32 years old, while present-day youth is closer to three or four.
As a working population we're becoming increasingly interested in spreading our wings and trying lots of new things. And a strong way to develop a skill is to start a passion project or side gig. Something you can do with your mornings, evenings, or weekends that grows your skill base while also bringing in a bit of extra cash.
We caught up with Otegha, Co-Founder of Women Who (she's a writer and a brand consultant too) to talk through her top tips for getting started on a side gig to pursue your passions and potentially start your dream business.
Tip 1: Are you fulfilling a need?
Start a side hustle where you see a little gap in the market. Something that you think you do better than other people out there. Or something that you would want. For a passion project to become a side gig you need customers, so look for those people.
Tip 2: Keep an eye on your cashflow
The point of a side gig is that it fuels your passion while bringing in a little bit of dosh, and even though it might not be paying your bills from the get go, it's important to stay on top of the finances just to make sure it's not a massive drain on your budget. Otegha also notes that getting invoices out efficiently and chasing your payments is great practice for when you might want to make your side hustle your full-time job.
Tip 3: Don't be too premature in leaving your full-time job
A side hustle is something you really enjoy doing, and who wouldn't want to put all their working energy into something so rewarding? Otegha warns us not to quit our full-time job until we're sure that this passion project can actually pay the bills.
Learning to say no
We all want to take on as many clients as possible to ensure that this new project works, but it's really important to set boundaries and know when you're taking too much on. Doing a bad job for a client is much worse than saying no at the beginning.