3 Notable Signs Your Side Hustle is Failing

April 13, 2024 Eddu Oz

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3 Notable Signs Your Side Hustle is Failing

The new age of the gig economy has made it easier to earn money aside from your primary job. There are many advantages to having a side hustle that pays you aside from your primary job.

According to Zapier, one in three Americans have a side hustle. That is 34%. In 2021, about 61 million Americans had plans to start their side hustle. That is 24%.

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If many people are starting a side hustle, why do some still fail? In this article, we analyze this and discuss some notable causes.

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Key Highlights

🎯 If you don’t set out time for rest, you will likely be a victim of burnout.

🎯 Run your side hustle around your primary schedule, manage your time to avoid conflicts.

🎯 When you talk to other individuals doing the same job as you, you might find a better way to earn.

🎯 Burnout occurs among side hustlers since they have to work 40 – 60 hours a week on their primary job.

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1. Your Primary Job Performance is Dropping

3 Notable Signs Your Side Hustle is Failing

You may have heard the phrase, “it is better to focus on one thing than two”. While the statement is true, it does not apply every time. You can have a side hustle with your primary job; it is possible. The phrase becomes true when your side hustle begins to affect your primary job.

If your side hustle starts hurting your main job, you put it at risk. If things continue that way without being fixed, your primary income is in danger.

Some signs of this happening are;

When you are leaving the office to take calls.
You arrive at the office late because you were working when you are supposed to sleep.
You tell people to cover you so you can sneak out.

When you start doing some of the things listed above, you know that your job and hustle are in trouble.

You start getting complaints from your boss and colleagues.
Your clients from your side hustle start complaining about your performance.
You no longer enjoy your job and your side hustle.

2. Your Side Hustle is Not as Financially Alluring as You Thought

It can take some time to see financial gains from your side hustle. Some side hustle you have to promote/ advertise to see customers.

There are also some side hustles that you need to build an audience to see results. No matter the type of side hustle yours is, nobody expects it to start making money immediately you start.

But if you have been working on your side hustle for a long time without seeing any gain. There is a problem, which means you put more than you receive. It means the money you are receiving does not match the amount of work you do.

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In cases like this, you end up having burnout or being depressed. The best way to sort this out is by talking to people who do the same job. You will be surprised how many people will like to help you.

Ask them;

How they make revenue.
Ask about their personal experiences doing what you are doing.
Ask about their failures.

What this does is expose you to others’ views and also a good form of networking.

When you talk to other individuals, you might find a better way to earn. You may bring in more money for the same amount of time you put in currently.

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3. You Constantly Burnout

The idea behind a side hustle is that you can choose your hours. Because you answer to yourself, you get to decide when to work and when not to.

Burnout occurs among side hustlers since they have to work 40 – 60 hours a week on their primary job.

We are not trying to say maintaining a side hustle is easy. Building and maintaining a side hustle is no small task, especially if your job keeps you engaged all the time.

If you don’t set out time for rest, you will likely be a victim of burnout.

You know it is time to rethink things when your side hustle makes you stressed. You are constantly rescheduling essential things to meet a deadline. You spend hours meant for resting working, which will affect you in the morning. If all this keeps happening, it will lead to you burning out.

After this working cycle, you will be affected mentally and physically. Your primary job will take a hit, and you might develop health problems.

What you want to do is get a side hustle that fits perfectly into your schedule. You want a side hustle that does affect your job or your rest time.

Final Thoughts

Having a side hustle can be difficult when you have a job that keeps you busy all the time. Before you have a side hustle, make sure you have enough research on it. Try to go through your schedule and be realistic about the amount of time you can devote to your hustle.