Quitting your job sounds cool, and IG makes it seem like everybody’s doing it. But, much like sex in high school, folks aren’t really getting it in like that.
Research from the Bureau of Labor Statistics reveals that about 10.7 percent of adults reported working as full-time freelancers or contractors in 2017—that’s down from 10.9 percent in 2005. Why is there such a huge discrepancy from the 40 percent or more reported in other studies? This study asked one key question: Do you have another job? Apparently, many freelancers and small business owners are hustling their passion projects and a full-time job (with benefits) to ensure there is food on the table. This smart tactic can be misleading—and can completely change your IG eye. The good news is that more folks are figuring out how to get what they want out of life. The challenge is figuring out the strategy that works best for you. Here are some things to consider.
Balance Your Approach
Throwing up the deuces at your job may relieve the immediate professional dissatisfaction you’re feeling, but it won’t ensure you reach your primary goals: success and stability. Think about ways you can get more of what you want. Spend your weekends plotting your side gig. Use your vacation days to take meetings, attend seminars, and invest in your business. Devote your early mornings and late nights to working for yourself.
Ask For Flexibility At Your 9-5
Look for mutual wins at work. Thanks to technology, more people can work for home. Other jobs allow you to work 10-hour days, four days a week to get an extra day off twice a month. Some businesses need support on weekends—which may help if you can swap it for a weekday off. Carefully consider your ask, then go for it.
Save Your Dollars
If your side hustle requires the 24/7 treatment, think about how you can save up enough money to give you a 6-9 month cushion to go for it. Reduce your monthly spending by moving in with family or taking on roommates. Nix vacations and shopping for the year. Sell valuables you really don’t need. Get an extra job for a few months and save the income. Do whatever you can so you can actually take off and use all of your energy to build your brand.