Turn Your Side Hustle into a Profitable Business With These Strategies – Entrepreneuronline entrepreneur
Signing out of account, Standby…
Strategies I used to turn my side hustle into a nationally recognized brand.
A little more than a decade ago, I was a recent immigrant and a woman who knew little English and even less about entrepreneurship.
And, if you had asked me, “Can you start a side hustle and end up as the CEO of a corporation in ten years?” I would have said, “Yes, I can! Just watch me!”
The circumstances of starting my business could happen to anyone. I was pregnant and experiencing some side effects that put me on several long weeks of bed rest. I have never been good at sitting around doing nothing, so I spent my time learning online and discovering everything about entrepreneurship.
I had $500 seed money and a lot of time to fill. At my kitchen table, I began researching how to make it happen. I watched Shark Tank earnestly. I took online classes on jewelry making and marketing. I read everything I could find about entrepreneurial ventures. I bought a supply of the most beautiful earrings I could see that fit my criteria and sold them on LivingSocial and Groupon. Some payments came in. I made a profit. I could buy more to sell. Then it hit me: I was in business.
Related: 44 Profitable Ideas to Make Extra Money on the Side
Here are my recommendations for anyone who feels the drive to take your business idea above and beyond a simple side hustle.
Related: I Built My Multimillion-Dollar Side-Hustle While Working a Full-Time Job and So Can You
Over a decade ago, I embarked on my side hustle with just $500 in seed money, a drive to succeed and some unexpected spare time on my hands. Ten years later, my business, Hollywood Sensation Jewelry, is nationally recognized and featured across various media outlets.
Making that happen required sincere effort, many sleepless nights, hundreds of tough decisions, saving, planning, pivoting and learning from mistakes. But I did it and value every step of the journey. Whether you want to maintain your side hustle and enjoy the view or take it to eleven and get rich, it can be done, and I wish you the best of luck!
Related: 5 Reasons Why You Must Have a Side Hustle (Unless You’re Happy Living Paycheck to Paycheck)
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The Staff of Entrepreneur Media, Inc.
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