1.Work/life balance: Side gigs are the epitome of flexibility. It is work that only represents an additional part of your income and therefore you can schedule it around your own life and commitments. You can set your own hours, work as much or as little as you like and have the freedom to fit it around your busy lifestyle – perfect!

2. Risk avoidance: Most side gigs are established in the knowledge that they are simply a nice extra, rather than anything concrete. This means that initial investments are typically quite low and the risk factor of it not working is low as well. You can easily quit without the pressure that usually comes from starting a new job. “Unless your Charlie big spuds and can splash £100k on a new Airbnb project”

3. New opportunities: The more you engage with the world the more opportunities will come your way. Regardless of your initial goals, side gigs are nearly guaranteed to create unforeseen and exciting opportunities, friendships and pathways that won’t necessarily come to you otherwise. (This I find to be fact as when you are activity looking opportunities open)

Now here’s a little downside of side gigs, I call it the microwave syndrome, we start and if we hit any hurdles, its far easier to stop bin it and start another one, then another one, rather than looking at what and why it’s going wrong and normally its us-you-we, as we don’t but in the work needed’

Point 2 Risk avoidance, because most side gigs require little investment some may not take it seriously or worst, treat it like a hobby therefore it will cost you like a hobby leading to you quitting. You may start small, but you need have the mindset of go big whether you going to go big or not its an attitude thing.

With hard work & dedication along with using leverage if you wish to scale, the benefits of having a side gig, for me out ways the many reasons to rely on one source of income and as the world changes even faster one income source may not cut it any more.

Think about it your side gig could?

The Pro’s

1)     More freedom, one of the key benefits of working for yourself is the true balance of doing it your way, when you want and where you want.

2)     Depending on your side gig and market space, work and grow your business in different time zones

3)     Earn while you learn.  “What I can learn to do business and earn at the same time “YES”

4)     Choose who work with, this is such a blessing.

5)     Diversified, better income streams meaning in different areas, for me its health

 e-commerce / Catering & Leisure / Branded Products

6)     Time to work and your personal goals, so important we value self-care and self-development

7)     Paying yourself first

8)     Scaling to leverage your business

9)     Do it right be patient and the financial rewards will come. As long you are prepared to work on a 3-to-5-year plan to see significant benefits.

10) Being paid what you are worth.

11) In some side gigs you can leave an everlasting passive income to be passed down to family.

12) Over time you’ll build a positive mindset, for your own future, as you’ll create belief in yourself.

13) You could develop more time for you and family

14) Friendships with people on a similar journey who don’t mind passing on support as you grow.