Build Strength – Outsource Weaknesses
We’ve all heard the saying “Time is Money.” Your time is better spent doing things you excel at.
In the beginning, it may be perfectly fine working your side hustle business all by yourself. But once your business starts growing, you may need to consider outsourcing those tasks which slow you down or you don’t particularly enjoy.
This is especially useful if you still hold a day job – one person can only do so much! Insisting on doing everything yourself only slows down your progress.
Make Good Use of Your Time
If you already have the capital to kickstart your side hustle, it will be easier for you to scale your business from the get-go. This means you can invest in the tools and resources you need to succeed. You can simply focus on doing what you do best and outsource the rest.
Even if you lack seed money, you can still succeed at your side hustle, it just may take a bit longer. Don’t compare your progress to others.
For example, if you choose blogging as your side hustle, it is up to you to design your site, write all the content, and promote your blog on social media. While time consuming, you don’t mind doing all the grunt work because you’re passionate about blogging. In time, you will acquire an audience who regularly read your blog posts. If you monetize your site properly by adding more high- quality content, it is likely your earnings will increase. This is the time to decide…should you outsource the content creation or continue to do everything yourself?
Outsourcing would enable you to publish more articles on your site than if you continued writing alone. In addition to boosting your social media presence, it will allow you to get more work done in less time!
Is Outsourcing the Right Thing to Do?
Consider outsourcing as an investment in your business. You need to spend money to make money.
It isn’t always easy hiring the right people to help you with your business. Utilizing a workplace site like Upwork (https://www.upwork.com) will presumably net tons of applicants. Select the ones you think might be a good fit, then spend some time interviewing them.
Once you hire a contractor, you will need to fully train them on your systems and processes. In time you will feel comfortable enough to give them some leeway to do their jobs.
Keep in mind that it is important to build healthy relationships with everyone, whether you are hiring freelancers or employees. If you respect the people working for you, they will respond in kind and be more committed to helping you grow your business.