Launch Your Side Business Now, Stop Giving These 6 Excuses

In today’s fast-paced world, a side business can be the driving force that keeps you energized and motivated. It can provide financial security, personal fulfillment, and a sense of accomplishment. I started my blog while working as an assistant accountant at a microfinance firm. Over time, I transitioned to a bank before leaving to focus on my side business full-time.

The potential I saw in writing gigs was immense. Yet, after a month, I realized I wasn’t doing enough. I almost quit, but the need to provide for my family pushed me to persist. Here are six common excuses people give for not starting their side businesses and why they’re just that—excuses.

1. “I’m employed and don’t have enough time.”

Time is a constant challenge. No one has time, yet everyone has time. If something is important to you, you will create time for it. It’s about prioritizing what matters. If your side hustle is significant, you will find a way to make it fit into your schedule.

Consider your daily routine. How much time do you spend on social media, watching TV, or engaging in other non-productive activities? These are moments you could allocate to your side hustle. Even dedicating just one hour a day can make a significant difference over time. Successful people often juggle multiple responsibilities, but they manage to find time for what they’re passionate about.

2. “I don’t have the capital to invest in a side business.”

Money is often cited as a barrier, but it shouldn’t be. While it’s true that capital can be a hurdle, determination and sacrifice are your greatest assets. You can start small. For instance, launching a website like mine only requires about $50. Cutting back on unnecessary expenses, like a $100 daily lunch, can help you save towards your business. Remember, capital is never an excuse if you are determined.

Additionally, consider the resources you already have. Can you leverage your existing skills, network, or tools to kickstart your side hustle? Many successful businesses started with minimal investment. The key is to be resourceful and find creative ways to fund your startup. You might also explore crowdfunding platforms or small business grants available in your region.

3. “I’ve seen others fail, and I might fail terribly.”

Failure is part of the journey to success. What sets successful people apart is their resilience. They fail, learn, and try again. It’s better to try and fail than never to try at all. You will not be the first to fail, nor the last. Embrace failure as a learning opportunity.

Reflect on the stories of successful entrepreneurs. Many of them faced numerous setbacks before achieving success. For instance, Thomas Edison made 1,000 unsuccessful attempts at inventing the light bulb. When a reporter asked, “How did it feel to fail 1,000 times?” Edison replied, “I didn’t fail 1,000 times. The light bulb was an invention with 1,000 steps.” This mindset can transform your approach to challenges and failures in your side hustle.

4. “My idea isn’t unique; everyone is doing the same thing.”

While your idea might be shared by others, the execution is where you can differentiate yourself. Consider Harry Markowitz, who developed portfolio theory independently, despite another person working on a similar topic. Markowitz’s persistence and consistency led to his recognition. Your unique approach can set you apart.

Think about what makes you unique—your background, experiences, skills, and perspectives. These can all contribute to a distinctive execution of your idea. Focus on providing exceptional value and service to your audience. Even in a crowded market, a unique value proposition and a strong brand can help you stand out.

5. “I’m not sure I can do it.”

Positive thinking is crucial. If you believe in your idea’s potential, that belief will drive you forward. Doubts are natural, but you won’t know what you’re capable of until you try. Take a deep breath, stay positive, and start your side hustle.

Confidence comes from taking action. Start with small, manageable steps to build momentum. Celebrate your progress, no matter how minor it may seem. Surround yourself with supportive people who encourage you and provide constructive feedback. Over time, these positive influences will help strengthen your confidence and determination.

6. “The time isn’t right; I’ll do it next year.”

This is classic procrastination. Waiting for the perfect moment is a common trap. My wife often delays tasks, intending to do them later, but frequently gets too busy. The best time to start is now. Don’t let laziness or complacency hold you back. Take action today.

Life is unpredictable, and waiting for the “right time” often means never starting at all. Begin with what you have and where you are. Each step you take brings you closer to your goal. Remember, progress is better than perfection. The sooner you start, the sooner you can learn, adapt, and grow.

Practical Steps to Launch Your Side Hustle

1. Identify Your Passion and Skills: Reflect on what you enjoy doing and where your strengths lie. A successful side hustle often aligns with your passions and leverages your existing skills.
2. Research Your Market: Understand the demand for your product or service. Identify your target audience and learn about your competitors. This information will help you position your side hustle effectively.
3. Create a Plan: Outline your goals, strategies, and milestones. A clear plan provides direction and helps you stay focused.
4. Start Small: Begin with manageable tasks and gradually scale your efforts. This approach reduces risk and allows you to learn and adapt.
5. Utilize Technology: Leverage online tools and platforms to streamline your operations. From setting up a website to using social media for marketing, technology can significantly enhance your side hustle.
6. Network and Collaborate: Connect with like-minded individuals and potential customers. Networking can open doors to new opportunities and partnerships.
7. Stay Persistent: Challenges and setbacks are inevitable. Stay resilient, learn from your experiences, and keep pushing forward.

Final Thoughts

Starting and maintaining a side hustle requires effort, time, and sometimes sacrifice. However, the rewards—personal growth, additional income, and the satisfaction of pursuing your passion—make it all worthwhile. Don’t let these excuses hold you back. Start your side hustle today and watch it transform your life.

For more insights and motivational tips on side hustles and entrepreneurship, visit themoseswafula.com.

By dedicating yourself to your side hustle, you’ll discover new skills, build a sense of accomplishment, and potentially create a significant source of income. Your journey might be challenging, but the benefits far outweigh the initial hurdles. So, take the first step today and embrace the adventure of starting your own side hustle.