5 Reasons Why Side Hustles Have Bloomed in 2020
As generations evolve with technology and the digital age, there has been a drastic increase in individuals creating new “side hustles.” Here’s five reasons why side hustles have never been easier to create and how they can benefit you:
Side hustles generate income that can support a better quality of life. Yeah, you’ve heard of the old adage, “don’t quit your day job,” and the types of jobs that are people’s main source of income. This is the primary reason why someone would pick up an extra load of work- and this can range from anything physical such as deliveries or TaskRabbit, but it can also mean an online e-commerce store (where products are drop-shipped to the consumer without ever needing a large supply of products ordered) or providing a service as a consultant. Now that leads and potential customers can be found digitally through a myriad of platforms, the idea of a side hustle is easier than ever.
Many people hold jobs that simply pay the bills, and a passionate side hustle can really quench that thirst of “fulfillment.” Whether that be a skill learned from your family members at a young age, speaking as an expert on your line of field, or had that “I’ve always wanted to…” moment, this is a great time to explore what your passions are and turn it into a profitable endeavor. A very popular marketing tool now is creating a podcast or a blog. This allows people to express their passion in their current field, while also establishing themselves as an expert in their field.
If you’ve ever felt inadequate and never known how to proceed in a certain field, this is the perfect age for partnerships and collaborations with representatives of brands or individuals. Concentrating and focusing on one’s strengths while requesting for support in another area of weakness can promote a team who can take on any industry.
Social media has become a free advertising platform where, with organic reach and engagement, you can build a brand with 0 marketing dollars. You can automatically have your own presence without ever having a store or location. It has become a digital home for millions of users. The reason why social media is such a powerful tool is also because our attention to media has shifted from print and television, to spending hours of screen time scrolling on platforms such as Facebook and Instagram.
The impact of COVID-19 on our society has been substantial, including the move of individuals to work from home indefinitely. Not only do you remove the commute time of an ordinary job, but this can create space to use your time wisely in the comfort of your own home to start anything you desire- whether that be a new brand or a new business.
If you are hesitant in starting your own side hustle, definitely reach out in the comments below or by private message and let me know why!
