How to start a side hustle online business in 2020?

How to start a side hustle online business in 2020?

Do you want to learn how to start a side hustle online business when working full time? If yes, you are in the right place.

In fact, we designed this site to help 9 – to – 5 workers like you get started their side hustle online business in the right paths. Our aim is to educate, encourage and inspire you by providing reliable and trustworthy resources that will help you succeed in your new online venture.

So if you want to learn how to start a successful side hustle online business, keep reading…

But, before we get into the meat of how to start your side hustle online business successfully, let’s discuss some reasons to start a side online business in this modern world while working full time.

4 reasons to start a side hustle online business while working full time

1. Starting a side hustle business can help you develop new skills and establish yourself as an expert

In today’s world, having skills in several fields opens up a world of opportunities for you. The more skills you have, the more opportunities you have.

So if you want to acquire new skills and broaden your action fields, be solicited for your skills then it’s time to get started.

2. Starting a side hustle business can help you build a business for your own and get you out of your 9-5 day job

Who doesn’t want to be his own BOSS? Who wouldn’t want to have a flexible schedule? Spend more time with his family?

May he raise his hand!

If you didn’t raise your hand, it means you love freedom and flexibility. This means that you want to be your own BOSS.

But you will never be your own BOSS if you don’t build a business on the side of your day job. Or at least by taking a risk to leave your day job and set up your own business as Jeff Bezos, Amazon’s founder did.

It’s a big risk to quit your job and start a new venture, isn’t it?
Instead of taking this risk, you can build a side hustle business, Invest your free time in it and make it grow.

Once the benefits of your side hustle multiply two or three times your salary, you can leave your full-time job and set up on your account. No more personal accountability, no more 9-5 work.

3. Starting a side hustle business can make you extra income – even full-time income

Starting a side hustle online business can make you an extra income and even a full-time income over time.

Making an extra income can change your living conditions and give you more freedom. But you won’t earn extra income if you don’t do an extra or side job. The only way to maximize your sources of income is to start a side hustle business. Whether online or offline. 

Proverbs 14: 23

All hard work brings a profit, but mere talk leads only to poverty.

And if I have any advice for you, it is not to focus on short-term results (immediate results) but in the long term.

Personally, I prefer to work on side projects that do not give me a consistent result today (even $0 profit), but that could lead me to reach my goal in 5 or 10 years. And I still prefer a job that I will do once and harvest the fruits a million times. 

4. Starting a side hustle business can help you take early retirement

When it comes to how to take early retirement, the first advice many financial advisors will give you is to save money and invest in market stocks.

However, I think that starting a side business can be a way to achieve your early retirement goal very early.

Indeed, Sam Dogen, a blogger who lives in San Francisco retires at 34 in 2012 thanks to his side hustle blog Financial Samurai on which he currently works full time.

You can be next if it’s your dream too. All you have to do is start a side hustle business today.

This is what he said:

San Francisco

Starting a blog changed my life for the better and I recommend everybody do the same to at least build your brand online.

Now, you know the benefits of having a side hustle when you have always job security, let’s see…

How to start a side hustle online business?

In this 21st century, starting a side hustle is easier than never. Yes, even working full-time you can start a side business. What you need to do is to organize your side business while managing wisely your spare time.

Excited? Let move on…

Here is the way to go if you really want to start a side business for your own.

Determine the number of free hours you have in a week.

determining the number of hours to work per week

Running a side hustle is committing yourself to work on the side of your day job, which requires a little time workflow.

So, before you think about which side business you can start, it is necessary to determine how much free time (hours) you have at your disposal in a week.

This will help you and serve as a basis for choosing your side business idea.

What you should know is that this free time is up to you to determine. For example, you can spend 2 hours each evening on your side hustle business after work and during the weekends.

As you can relax in the evenings after work and get up early in the morning to work on your side business before going to the service.

That’s what I’m doing with this blog.  It requires sacrifice, but over time, your hard work will pay off.

Find a side hustle business idea

looking for a side business idea

Keep in mind, your side hustle is a real business you must handle in a serious way.

What is a side hustle business idea?

A side hustle business idea, in a nutshell, is a business idea you can implement on the side of your day job.
It is an idea which implementation doesn’t break your day job requirements.

How to find side hustle business idea

find a side hustle business idea

This basic step is where many people stop and give up their dream and project.

However, finding a business idea is not rocky science.
In fact, you can base on your career: the skills you developed over time in your career, on your hobbies and interests – all these are a field you can explore and find out an idea and get started.

Side hustles ideas you can start today and make a living online

Here are some side hustles ideas you can consider:

1. Blogging

Blogging is my best friend and the business model I love spending my free time to do. It is very fun and something that passionate me a lot.

Starting a blogging career doesn’t require a huge budget and don’t break your saving bank account.

However, it allows you to build multiples streams of passive income, develop some new skills and many more advantages.

Related post: How to start a profitable blog on the side

2. Coaching service

This business model doesn’t require you a hundred hours per week to run it.

However, you need to showcase your skills and talents in your field, build a relationship of trust with your audience before hoping to reap the reward of your hard work.

3. Write an eBook/book and sell it

A simple eBook can make you a passive income.

I receive sometimes some emails from certain of my readers telling me: “I love the idea of making money with an eBook, but I don’t have an idea”.

Some said they don’t have some skills in writing.

However, you need not be the second William Shakespeare in writing to get your own eBook/book on the market to make money on the side.

You need not worry about anything. In this modern world, you can get your own eBook without crafting a word.

In fact, you can hire a freelance writer on Upwork or Fiverr to do the hard work for you.

You have also the choice to submit your ebook subject to Ghostwriters on WriteArticlesforme.com or WritingSubmit.com and get writers that will handle all the hard work for you.

Related post: How to write and sell an eBook to make extra money

4. Start a YouTube channel

If you are not good in writing or if you don’t have an interest in blogging or writing ebooks/books, you can start a YouTube channel.

Indeed YouTube is the second largest search engine after Google. It is about 300 hours of video that are uploaded every single minute to the platform. And what is important is that you don’t need a huge budget to get started.

When it comes to monetizing your YouTube channel, there are several ways to do so:

You can earn money through advertisements (YouTube ads that also work like Google Ads and direct advertisements).

Another way (the best according to me) to monetize your channel is through affiliate sales and product promotion or creating and selling your own product or service. Sure – if you play your cards right, you can make a living on YouTube doing that.

Plan and organize your tasks wisely

Start a successful side hustle by organiszing wisely your time

As in any business, what makes the difference between successful and unsuccessful entrepreneurs is the way they plan and organize their business.

As a side hustler with a crucial lack of time, planning and organization is more than ever a necessity if you want to be more productive and successful in your side business.

Indeed, planning and organizing your tasks will allow you to do useful and important things for the development of your side business instead of dispersing your energy and time in things that will not make your business grow.

The best way to plan and organize is to:

  • Determine a SMART goal for your side business
  • Set up a do-list.

For example, if you want to start a side blog, you can have a list of tasks as the following:

  1. Find the niche in which you will position yourself.
  2. Find 10 keywords to target for your first articles.
  3. Write 5 articles before the launch of your blog.
  4. Find a domain name and a hosting provider.
  5. Launch and design your blog (create a menu, write about me page, customize your site for SEO, etc.

As you see, when you plan your tasks, you have visibility on what you need to do.

This is just a simple example for someone who wants to launch a blog. And you can apply it in all areas.

Launch your side business – stop procrastinating!

stopping procrastining is key for a side hustle success

After finding your side business idea and planning and organizing the tasks, the most important phase is the launch. An idea as brilliant as it is, if it is not in implementation, it is useless.

So it’s time to sweep away your doubts and overcome your fear, to stop procrastinating and launch your side hustle online business.

Don’t try to perfect everything, don’t try to be totally ready either. You’ll never be ready. Just do it!

― Mark Twain

Never put off till tomorrow what may be done day after tomorrow just as well.

Invest in yourself – never stop learning

investing in yourself and learning how to start a side hustle is a key to succeed

Whether you are an expert in your field or a learner, the best way to stay ahead and be at the top with your competitors is to keep learning and never give up.

Some entrepreneurs fall into this trap when their business grows. However, we are in a changing world. Especially in ICT’s field.

Your today’s expertise may be out of phase tomorrow. That is why lifelong learning is the key to lasting success.

To stop learning is to refuse to progress.

Delegate tasks outside of your expertise

delegate tasks outside your expertise

Do you have things related to your side business that you don’t master? Things that escape your expertise? Learn to be a good manager and delegate these tasks to resource people.

You launched your side hustle business. Certainly, you have knowledge in your field. But admit that you can’t know everything.

If you want to be a successful side hustler, you will have to not only be a lifelong learner but also to be humble and delegate what you don’t master to resource people.

Conclusion and final word

Starting a side hustle business, whether it is an online business or offline business give you a countless benefit like:

  • Developing new skills and establish yourself as an expert
  • Building your own business
  • Making extra money
  • Taking an earlier retirement

But as in any business, to start a successful side hustle business, you need a business idea that you will implement by setting up a business.

How to start a side hustle online business
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Sebastian

I am Sebastian, Journalist and online side hustler passioned about Online Entrepreneurship. My goal is to help 9-5 workers start their online side hustle on the right path.

This Post Has 6 Comments

  1. This was an interesting aspect of starting a Blog as a side hustle. Finding and choosing a niche, choosing keywords and writing some articles before launching the Blog. It properly gets you starting faster.

    1. Hi Jane,
      You are most welcome! Thank you for stopping by!!
      All the best!

  2. Lots of great ideas here!

    I have been reading more and more about blogging and making money online. I had no idea there were so many options until I actually did some research.

    This post is encouraging me to broaden my horizons. Can I have a blog and sell an ebook? Can I link my YouTube channel to my blog? Looking forward to your response.

    1. Hi Irma,
      Thank you for your comment!
      Yes, you can have a blog and sell an ebook. Even if there are other ways to sell your ebook such as self-publishing it on Amazon KDP, selling your eBook on your own blog gives you many advantages. I talk about it in this post.
      In relation to the question is it possible to link your channel to your blog. My answer is also a big YES. It’s moreover a great way to promote your blog and drive traffic to it and vice versa.
      Thank you for stopping by and stay blessed!
      Sebastian

  3. I really enjoyed this article as the side hustle business is something I have been a part of almost since the beginning of my working career. My dream would be to retire early and have the flexibility you talk about in your blog. I have only just begun using Wealthy Affiliate to try and make my dream a reality and the support has been outrageous!

    Thank you for sharing

    1. Hi Kaylee,
      Thank you for stopping by!! I am so glad you enjoy reading my article.
      And what makes me happier is the fact that you have started something in order to achieve your goal of early retirement. You’ve already taken a big step.
      And thanks for the little testimonial on the WA support 
      Wishing you all the best in your online venture!
      Stay blessed!!
      Sebastian

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