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Business

Steps to Launching a Side Hustle.

STEP 1 – THINK ABOUT THE PROBLEM YOU ARE GOING TO SOLVE
You probably already have an idea and know what your side hustle is going to be. Think about who you are helping and what problem you are solving. How will you monetise on this? In what way can you turn your idea into a profitable one?

Spend some time thinking about your ideal client or customer profile and the tribe/community that you want to build around you.

STEP 2 – SUCCESSFUL DAILY HABITS
Here we start thinking about what are the habits that entrepreneurs have that makes them successful. Is this exercising 5 times a week? Journaling? Meditation?

Make sure your money mindset is in the right place otherwise you will not be able to grow your business. Set some money goals that will provide the intention to grow your business. This is the difference between a hobby and a side hustle business. Having clarity on these money goals will also help you establish how you’re going to price your product or services.

STEP 3 – ABUNDANCE MINDSET
Having your mindset in the right place is crucial in setting you up for success. You must learn to be open to abundance and believing that everything they want is available to them. Be open to all the opportunities and freedom your side hustle can bring you.

Get rid of those limiting beliefs in your head by challenging the evidence you have supporting them with asking the right questions. Be careful with the circle of influence you have around you, ever heard that saying that you are the sum of the 5 people you hang around with the most?

Beware of comments such as “Oh, there is no money in ______” , says uncle Bob who has never done it or run a business. Unfortunately, comments from these type of people, if listened to enough, become our reality.

So be brave and eliminate your doubts. Check in with what story you are telling yourself and write your own story.

STEP 4 – VALUE OF SOCIAL MEDIA
Think about where your ideal clients spend their time and on what platforms. It is via these platforms that you will communicate your message to your tribe, do personal branding, and work on your business brand. Tip: Live streams are a great way to make a connection with your tribe and makes you easy to relate to, instead of always being scripted.

STEP 5 – SALES
Get into the frame of mind that making money isn’t evil and selling is not sleazy. You’re putting yourself out there along with your message and you are helping people. You are providing value to the world and selling it – is only a fair exchange.

What is the point of creating something that is never going to be put out there into the world? Would only be a waste of talent if it is not shared. What is stopping you from creating the right mindset about sales?

STEP 6 – CREATE YOUR CORE OFFER
What core offer do you want to be known for? What is the main way you are going to impact people’s lives?

Once you create your core offer then you will start to be recognised for this.

STEP 7 – LAUNCHING
Essentially, how are you going to bring your product or service to market?

Think about how you can build some trust and relationships. How can you build a rapport and recognition with your tribe?

This could be through various social media channels in the form of videos, opt-ins, checklist or tip sheet. Maybe you are doing live streams to answer any questions people have for you.

STEP 8 – SCALE
Think about ways that you can scale your business and have a bigger reach. For example, I have 1-1 private coaching but I also have courses that can be bought one off. Perhaps you can you can create a membership on your site which will give you the reoccurring revenue you need.

STEP 9 – RESILIENCE
So maybe no one has bought your service or you have received bad criticism.

Accept the fact that sometimes we win and sometimes we fail but it is how we pick ourselves up that matters. How you react to circumstances shows your determination and grit that will ultimately shape your side hustle business.

What do you need to bring you back onto solid ground when you are feeling low? Could be meditating or going for a run. Find something that will ground you and re connect you with your purpose otherwise known as your “why”.

STEP 10 – CELEBRATE (EVEN SMALL WINS)
Celebrate your wins and successes, no matter how big or small.

If you’re in with the 10 days this is absolutely going to change your world.

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by Rneep

Business/Side Hustle Coach passionate about helping early stage entrepreneurs set up their online business and attract their soul aligned clients.

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