Many people have dreams of entrepreneurship, but owning a business doesn’t come easily, especially when money is a concern. That’s why starting a side hustle while still employed at your day job is such a popular idea. This significantly reduces the risk of catastrophic failure, but it can be difficult juggling it all.
If you’re currently working a 9-5 job and running a side business, you could be wishing for more time in a day to get everything done. While it’s not possible to increase the number of hours in a day, it is possible to run your side hustle more efficiently, which ultimately saves time and money. Here’s how:
Today’s technological advances can greatly increase the efficiency and productivity of your side hustle. For example, virtual office solutions give you the ability to run your business without the cost of permanent premises. Working virtually saves time and money, allows you to capitalize on talent, boosts employee morale, and gives you access to a host of services. You can look forward to having a receptionist, mail forwarding, and meeting room scheduling that you’d otherwise have to hire full-time employees for. Keep in mind there’s an app or program to automate just about everything in your business.
Delegate and Don’t Micromanage
Many business owners are doers, making it difficult for them to hand off tasks to another person. When they do, they often micromanage the person, defeating the purpose of delegating in the first place.
There’s only a set number of hours in a day, so if you want to free up your time for the important things, learn to delegate to a trusted freelancer or staff member.
Focus on the Task at Hand
As an employee at your day job and the owner of a side business, you have a lot on your plate, which can be distracting. A distracted worker is an inefficient one, so stay focused on the task at hand.
To help you accomplish this, it’s a good idea to combine similar tasks and complete them all at once to save time. For example, you might tackle all your email correspondence (sales emails, in-house correspondence, follow-ups, etc.) in the morning, rather than splitting the tasks up throughout the day. By doing this, you streamline your day, making you more productive and less stressed overall.
Change is inevitable, but if you’re not willing to go with the flow, you could miss opportunities and negatively impact your business without even knowing it.
There’s no appropriate time for complacency in the workplace. As a business owner, you must avoid it at all costs if you want your employees to be productive. The best way to be efficient in your side hustle is to be aware that changes need to happen, so when they do, you can adapt and grow with them.
Find Time for Yourself
Because you’re working two jobs, you likely don’t have much free time. While it’s commendable to be such a hard worker, it can take a toll on your mental and physical wellbeing. To be successful, you need a clear head and good health, so be sure to take time occasionally for rest, relaxation, and fun.
Successfully running a side business while you work your day job takes dedication, a great deal of time, money, and energy. The best way to make it all work is to be as efficient as possible. You can accomplish this by embracing technology to boost productivity, delegating small tasks, staying focused, and accepting change you can get more ideas at Live Enhanced.