WEBVTT - Second Cup: Make time for a side hustle

0:00:03.279 --> 0:00:09.920
<v Speaker 1>Welcome to Before Breakfast, a production of iHeartRadio. Good Morning,

0:00:10.200 --> 0:00:14.360
<v Speaker 1>This is Laura. Welcome to the Before Breakfast podcast. This

0:00:14.520 --> 0:00:17.560
<v Speaker 1>week we've been talking about lots of money related topics.

0:00:18.079 --> 0:00:20.799
<v Speaker 1>Today's tip is about how to make time for a

0:00:20.840 --> 0:00:24.159
<v Speaker 1>side hustle. A side hustle is something you do to

0:00:24.200 --> 0:00:27.120
<v Speaker 1>make money on the side, meaning in addition to your

0:00:27.160 --> 0:00:30.600
<v Speaker 1>day job. People do this for lots of reasons. Plenty

0:00:30.600 --> 0:00:33.080
<v Speaker 1>of people could use more cash, but a side hustle

0:00:33.120 --> 0:00:35.640
<v Speaker 1>can also be a way to pursue a passion or

0:00:35.760 --> 0:00:38.480
<v Speaker 1>use skills that don't fit so neatly into a salaried

0:00:38.720 --> 0:00:42.640
<v Speaker 1>benefit providing box. If you're interested in the wide variety

0:00:42.640 --> 0:00:45.159
<v Speaker 1>of side hustles out there, be sure to check out

0:00:45.200 --> 0:00:48.839
<v Speaker 1>the podcast Side Hustlers with my friend Carla Marie or

0:00:48.960 --> 0:00:52.880
<v Speaker 1>Side Hustle School, hosted by my friend Chris Gulopo. Chris

0:00:52.920 --> 0:00:55.240
<v Speaker 1>also has a new book out called one hundred Side Hustles,

0:00:55.520 --> 0:00:59.680
<v Speaker 1>which is filled with inspirational ideas. People lead scooter tours

0:01:00.080 --> 0:01:03.600
<v Speaker 1>or urban hikes. They create morning routine journals, or even

0:01:03.680 --> 0:01:07.720
<v Speaker 1>saddles for pet chickens. Seriously, if you put your mind

0:01:07.760 --> 0:01:10.120
<v Speaker 1>to it, I'm sure you can come up with something

0:01:10.160 --> 0:01:13.080
<v Speaker 1>you are interested in that somebody is willing to pay for.

0:01:14.040 --> 0:01:16.520
<v Speaker 1>But then, once you've got the idea, this leads to

0:01:16.520 --> 0:01:20.360
<v Speaker 1>a question that's relevant for this podcast. When are you

0:01:20.440 --> 0:01:23.960
<v Speaker 1>going to find the time? The honest truth is that

0:01:24.000 --> 0:01:26.679
<v Speaker 1>you're never going to find the time. You have to

0:01:27.160 --> 0:01:30.240
<v Speaker 1>make the time. But in one hundred and sixty eight

0:01:30.280 --> 0:01:32.440
<v Speaker 1>hours a week, there is definitely time to build a

0:01:32.440 --> 0:01:35.480
<v Speaker 1>side hustle in addition to your nine to five. This

0:01:35.640 --> 0:01:39.080
<v Speaker 1>is true even if you have a family or other responsibilities.

0:01:39.959 --> 0:01:42.319
<v Speaker 1>The first step, and this is always the first step,

0:01:42.680 --> 0:01:45.200
<v Speaker 1>is to track your time. You want to get a

0:01:45.200 --> 0:01:47.960
<v Speaker 1>really good sense of the rhythms of your life. When

0:01:47.960 --> 0:01:50.840
<v Speaker 1>do you usually wake up, when do you leave for work,

0:01:51.000 --> 0:01:52.920
<v Speaker 1>when do you get home? What do you do then?

0:01:53.560 --> 0:01:55.160
<v Speaker 1>What do you do after your kids go to bed?

0:01:55.480 --> 0:01:57.600
<v Speaker 1>What do you do on weekends? What time do you

0:01:57.640 --> 0:02:00.280
<v Speaker 1>wake up? And what has to happen and what doesn't.

0:02:00.840 --> 0:02:02.680
<v Speaker 1>Then you need to figure out how much time would

0:02:02.680 --> 0:02:05.640
<v Speaker 1>be reasonable to devote to your side hustle. The good

0:02:05.640 --> 0:02:07.600
<v Speaker 1>news here is that you don't need to find forty

0:02:07.600 --> 0:02:09.959
<v Speaker 1>hours a week that it would basically be your main job.

0:02:10.639 --> 0:02:12.760
<v Speaker 1>Chris tells me that the amount of time people spend

0:02:12.760 --> 0:02:15.600
<v Speaker 1>on their side hustle varies widely by the project and

0:02:15.639 --> 0:02:19.520
<v Speaker 1>the person, but generally, he says, consistent effort on the

0:02:19.600 --> 0:02:22.880
<v Speaker 1>right things, even in small chunks, can go a long

0:02:22.919 --> 0:02:26.720
<v Speaker 1>way toward boosting those odds of success. Even twenty minutes

0:02:26.720 --> 0:02:30.040
<v Speaker 1>a day with a plan in mind in advance, combined

0:02:30.080 --> 0:02:32.720
<v Speaker 1>with half a weekend day, can be enough in the

0:02:32.760 --> 0:02:36.040
<v Speaker 1>long run. As he's studied the schedules of people who've

0:02:36.040 --> 0:02:38.880
<v Speaker 1>written into him, he's found that it's common for people

0:02:38.880 --> 0:02:41.440
<v Speaker 1>who work full time to spend about an hour or

0:02:41.480 --> 0:02:44.080
<v Speaker 1>so a day on their projects Monday to Thursday, and

0:02:44.120 --> 0:02:46.799
<v Speaker 1>then maybe a little more time on the weekends. If

0:02:46.800 --> 0:02:50.000
<v Speaker 1>you can consistently find seven hours a week, you'll be

0:02:50.080 --> 0:02:53.560
<v Speaker 1>in good company. So look at your schedule considering the

0:02:53.600 --> 0:02:56.560
<v Speaker 1>whole of your week, then think about your energy levels

0:02:56.919 --> 0:03:00.960
<v Speaker 1>and logistics. For many people with jobs and families, early

0:03:01.000 --> 0:03:03.720
<v Speaker 1>mornings are a good side hustle time. Turn off the

0:03:03.720 --> 0:03:05.960
<v Speaker 1>TV a bit earlier at night, go to bed earlier,

0:03:06.120 --> 0:03:08.160
<v Speaker 1>and wake up an hour earlier than you might four

0:03:08.240 --> 0:03:10.960
<v Speaker 1>days a week. Use those four hours to move your

0:03:10.960 --> 0:03:13.920
<v Speaker 1>project forward. Of course, if your kids wake up at

0:03:13.960 --> 0:03:16.000
<v Speaker 1>the crack of done, or you're not a morning person,

0:03:16.280 --> 0:03:19.200
<v Speaker 1>then early mornings might not work for you. One option

0:03:19.280 --> 0:03:21.639
<v Speaker 1>is to choose one evening to go somewhere like a

0:03:21.680 --> 0:03:24.440
<v Speaker 1>coffee shop or the library. You might be able to

0:03:24.440 --> 0:03:27.679
<v Speaker 1>work from six to ten pm on your business. And yes,

0:03:27.760 --> 0:03:29.840
<v Speaker 1>that's going to feel like a really long day on

0:03:29.880 --> 0:03:32.280
<v Speaker 1>top of your regular job, and you might need extra

0:03:32.360 --> 0:03:36.600
<v Speaker 1>kid coverage, but it's only one day a week. You

0:03:36.600 --> 0:03:39.680
<v Speaker 1>can power through knowing you can then relax on your

0:03:39.720 --> 0:03:43.960
<v Speaker 1>other evenings. Weekends are always an option, and if you're

0:03:44.040 --> 0:03:48.080
<v Speaker 1>side hustling, working on weekends is somewhat inevitable, but you

0:03:48.120 --> 0:03:50.280
<v Speaker 1>can do it with an eye toward preserving family or

0:03:50.360 --> 0:03:53.800
<v Speaker 1>leisure time even as you're getting stuff done. A great

0:03:53.840 --> 0:03:56.760
<v Speaker 1>option is to choose one weekend morning to get up early,

0:03:57.280 --> 0:04:00.400
<v Speaker 1>basically as if it were a weekday. You could get

0:04:00.440 --> 0:04:03.400
<v Speaker 1>a ton done between six and nine am. If you've

0:04:03.440 --> 0:04:06.160
<v Speaker 1>got teenagers, this is basically time that doesn't even exist

0:04:06.200 --> 0:04:08.680
<v Speaker 1>to them. You could still have time to relax or

0:04:08.680 --> 0:04:12.400
<v Speaker 1>get a workout in before anyone starts stirring. With littler kids,

0:04:12.400 --> 0:04:14.840
<v Speaker 1>you might opt to use mid afternoon nap time or

0:04:14.920 --> 0:04:17.640
<v Speaker 1>quiet time for your side hustle, or if you're co

0:04:17.720 --> 0:04:20.080
<v Speaker 1>parenting with someone you might reach an agreement on coverage.

0:04:20.880 --> 0:04:23.080
<v Speaker 1>But in any case, if you worked four hours on

0:04:23.120 --> 0:04:26.960
<v Speaker 1>Tuesday nights and three hours on Saturday mornings, you'd be

0:04:27.000 --> 0:04:30.039
<v Speaker 1>devoting seven hours a week to your side hustle, even

0:04:30.080 --> 0:04:32.840
<v Speaker 1>though you're only really stretching your schedule two days a week.

0:04:33.720 --> 0:04:36.200
<v Speaker 1>Of course, with a limited timeframe like that, it's very

0:04:36.240 --> 0:04:39.680
<v Speaker 1>important to be intentional with your side hustle hours. You

0:04:39.720 --> 0:04:42.520
<v Speaker 1>need to focus on what best moves the business forward,

0:04:43.080 --> 0:04:46.920
<v Speaker 1>rather than spending all seven hours answering emails. But there

0:04:46.960 --> 0:04:49.000
<v Speaker 1>are one hundred and sixty eight hours in a week.

0:04:49.520 --> 0:04:52.320
<v Speaker 1>If you work forty and sleep eight hours a night,

0:04:52.400 --> 0:04:55.560
<v Speaker 1>so fifty six per week, that leaves seventy two hours

0:04:55.560 --> 0:04:59.000
<v Speaker 1>for other things. Devoting seven to a side hustle still

0:04:59.080 --> 0:05:02.040
<v Speaker 1>leave space for the rest of life. If it's important

0:05:02.040 --> 0:05:06.240
<v Speaker 1>to you, it's definitely doable. If you've got a side hustle,

0:05:06.480 --> 0:05:08.800
<v Speaker 1>I'd love to hear when you make it happen. You

0:05:08.839 --> 0:05:13.880
<v Speaker 1>can email me at Before Breakfast podcast at iHeartMedia dot com.

0:05:14.080 --> 0:05:17.880
<v Speaker 1>In the meantime, this is Laura. Thanks for listening and

0:05:17.920 --> 0:05:26.840
<v Speaker 1>here's to making the most of our time. Hey everybody,

0:05:27.000 --> 0:05:29.120
<v Speaker 1>I'd love to hear from you. You can send me

0:05:29.120 --> 0:05:32.800
<v Speaker 1>your tips, your questions, or anything else. Just connect with

0:05:32.800 --> 0:05:37.239
<v Speaker 1>me on Twitter, Facebook and Instagram at Before Breakfast Pod.

0:05:37.880 --> 0:05:43.159
<v Speaker 1>That's b E the number four then Breakfast pod. You

0:05:43.200 --> 0:05:46.640
<v Speaker 1>can also shoot me an email at Before Breakfast podcast

0:05:46.720 --> 0:05:50.080
<v Speaker 1>at iHeartMedia dot com that before Breakfast is spelled out

0:05:50.120 --> 0:05:52.840
<v Speaker 1>with all the letters. Thanks so much, I look forward

0:05:52.880 --> 0:06:02.200
<v Speaker 1>to staying in touch. Before Breakfast is a production of iHeartRadio.

0:06:02.440 --> 0:06:07.880
<v Speaker 1>For more podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts,

0:06:07.960 --> 0:06:12.280
<v Speaker 1>or wherever you listen to your favorite shows.