Time doesn’t just show up for free. If you want time for your side hustle, you have to make it. Read More...

I hear this all the time:

“I really want to start a side hustle, but I don’t have time.”

It’s true that some of us really don’t have time for side gigs. After all, we’re busy people. We have real jobs and families and a desire to, at some point, to live a little.

But you might be surprised at how much time you do have. Here are some strategies to use to make time for a side hustle:

Track your time use.

The first thing to do is track your time use.

When I feel like I am running out of time, I start tracking my time use. Usually, the problem is that I’ve let unimportant things creep into my life, or I get distracted.

Keep a diary of what you are doing, and how long you spend doing it. You might be surprised at the patterns that emerge.

According to the American Time Use Survey, adults spend close to three hours a day watching TV. I’m always surprised when I track my online activities and discover how much time I spend just surfing.

If you want to make time for a side hustle, start with how you’re using your time now to see where you might find a place to cut back on some of your unnecessary activities.

Schedule side hustle time.

So often, we don’t make time for a side hustle. Instead, we say we’ll do it when we have time. Just waiting to see if the time appears is a surefire strategy to ensure that you’ll never have time for a side hustle.

You’ll increase your chances of having time for a side gig if you actually schedule the time. Wake up a little earlier. Instead of watching TV for two hours in the evening, schedule an hour and a half to work on the side gig.

Think of where you can carve out time during the day to dedicate to your side hustle and schedule it into your day.

Use the weekend.

I know, I know. We all love our weekends. It’s a break from work. However, if you want to make time for a side hustle, you need to give something up.

You don’t have to use the whole weekend for your side hustle, but it can be a good time to get something done with your side gig.

When I have things I want to do, I try to work on them during Saturday morning. My son has his own extracurricular activity and it’s a perfect time for me to hit something hard while I don’t have other obligations.

Figure out what works best for you. Saturday morning? Sunday afternoon? Whatever. The weekend is the perfect time to … make time for a side hustle.

Schedule a workcation.

Consider your real job. Do you get time off for vacation? If you want to make time for a side hustle, you can kick it off with a workcation. Take a vacation with your day job, and use it to work on your side hustle.

When you don’t have to focus on your regular job, you have a little more time to work on a side gig.

Of course, you can’t be constantly taking time off to make time for your side hustle. However, you can get a lot of good value out of a bit of time off to really dig into the side hustle.

A workcation can also help when you aren’t taking time off your regular job. When my son sleeps over at a friend’s house, I sometimes book a room at a local hotel. That change of scene for one night and the next morning really helps me focus. There’s something about getting out of the routine that provides you with a chance to work on a side hustle.

It’s totally worth it to get a hotel room for one night if that helps you focus up.

Ask for help.

Do you have a support system? If so, ask for help. Sometimes, when I need a little more time to work on my projects, I get help from my parents, or from my sister, in taking my son for a couple hours while I really get down to it.

We help each other.

Look around to see if you have a support system that can help. You might even have a life partner who can help you out.

I know a couple who helps each other with these gigs. They saved up an emergency fund. Then, he kept working while she worked to make her side gig a full-time reality. After a while, she gained traction. However, she wouldn’t have had time for the side gig without the full buy-in of her partner. He helped make it possible for her first reduce her hours at work, and then quit altogether.

If you can get help from your support system, it’s a little easier to make time for a side hustle.

Bottom line.

We all have challenges. I know I don’t do as much as I would like in a lot of areas. However, part of that is because I don’t make time. Use one or all of these strategies, and you might be surprised to see that you have more time available than you thought.

Are you working on a side hustle? When do you work on it? What’s your best way to make it happen? Let us know in the #Adulting community on Facebook or leave a comment here.

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Just because everyone’s in love with entrepreneurship right now, it doesn’t mean you need to feel bad about your real job. There’s no shame in that game. Read More...

The only way to be truly free is to start your own business and quit the 9-to-5 grind.

Have you heard that before?

It’s become a common theme in recent years. In some circles, the idea that you must become an entrepreneur with the goal of quitting your traditional job is so prevalent that there’s a patina of shame attached to having a real job.

I love working from home. I wouldn’t give it up. I haven’t had a real job in more than a decade — and wouldn’t trade a second of it. But that doesn’t mean that my path is right for everyone.

Before you decide that you need to do everything in your power to build a business that allows you to escape the rat race, stop and think about whether or not it’s really the way for you to go.

If you decide a traditional career is the right path for you, don’t let someone else shame you into quitting your real job.

What if you like your real job?

There are plenty of people who like their jobs. And there’s nothing wrong with that. Most of us just want to feel like we’re doing something meaningful and that we’re appreciated. If you have a job that lets you do that, and you like it, there’s no reason to give it up for a freelance lifestyle or the uncertainty of trying to establish a company from scratch.

Take a look at your career. Do you like what you do? If you don’t, can you retrain to do something that you like better? Do you feel like you’re moving forward? If so, there’s no shame in having that real job. Stick to it, and be proud of what you do.

The 9-to-5 lifestyle has perks.

Entrepreneurs and lifestyle business gurus might not believe it, but there are perks associated with a 9-to-5 lifestyle.

First of all, it’s hard to underestimate the joy of a great benefits package. Health insurance, when not subsidized by your employer, can be quite expensive. I know. I spent 10 years paying for my own health insurance. Now, my new employer, Student Loan Hero, offers a monthly stipend for health and wellness. It’s not quite the same thing, but it’s a total upgrade from my previous complete lack of benefits.

Plus, when you contribute to an employer’s retirement plan, there is a chance that you will end up with a match. Now that’s a perk. Free money, growing in a tax-advantaged account.

Another perk of a real job is the fact that you can clock out and leave your work at work, rather than bringing it home all the time. I know folks who just want to turn it off, enjoying family, relaxation, and friends when they get home from work. That’s harder to do when you have your own business. In fact, I have to make myself step away from the work. There are days I find myself daydreaming about a real job and what it would be like to just clock out.

Depending on your employer, you might receive other perks, like:

  • Paid time off for vacation and sick days
  • Child care stipend
  • Gym membership or discount
  • Access to company car and/or phone

Enjoying the perks of a regular job is nothing to be ashamed of. If you like it, prefer the convenience, and just like knowing what’s going on and when it’s happening, stick with the job. Don’t feel like you have to give all that up to meet someone else’s idea of what you “should” do in order to achieve financial freedom.

Understand the dark side of self-employment.

There's No Shame in Having a Real Job

Before you make your decision, make sure you consider the dark side of self-employment. I love working from home. I value the freedom and flexibility too much. But there are times that it can be stressful, and I dream of simpler times.

When you’re self-employed, everything’s on you. If you don’t work, you don’t get paid. You need to be on top of your game and work even when you don’t feel like it. There’s no calling in sick when you’re on your own.

You might also be at the mercy of a client if you are in a position where you need the money. I remember times when I put up with all sorts of shit from clients. I needed the money. Today, I don’t have that issue. But it took some time to get here. If you’re going to be self-employed, you need to be prepared to work hard and sometimes do stuff you don’t want to do.

Finances can get dicey as well. You’re in charge of your taxes, including both ends of the payroll tax. Income isn’t always the same each month, so you have to be able to plan for down months. From putting together your own benefits package to figuring your taxes, you need to be ready. Don’t forget about the overhead that comes if you get an office offsite and if you hire someone to work for you as you expand.

While there is no way I would give up my situation, there are times I struggle. Go in with your eyes open if you decide to ditch the real job and join those of us in our alternate reality.

Don’t let anyone tell you they have the ONE solution.

There’s nothing wrong with being self-employed and ditching the world of traditional employment. However, there’s also nothing wrong with sticking with your real job if it works well for your situation and lifestyle. As long as you are careful to plan for the future and save up, a real job can be one way to ensure that you meet your needs.

Figure out what works best for you, whether you just want a side gig for a little extra cash while maintaining your day job, or whether you hope to eventually move on from the daily grind.

But don’t make your decision based on feelings of shame that you aren’t doing what you’re “supposed” to do.

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Entrepreneurship is the new Big Thing. But is it really your ticket to financial freedom and living the good life? Read More...

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It seems like everywhere you look, someone is touting the value of entrepreneurship as the key to long-term financial independence.

Thanks to technology and the popularity of a number of books and websites, it’s possible that you think that you’re ready to be the next Zuckerberg.

But is that a realistic expectation? Are you really cut out to be an entrepreneur?

And is entrepreneurship all that it’s cracked up to be?

Concepts

  • How much money do small businesses actually make?
  • Is entrepreneurship right for everyone?
  • What traits make a good entrepreneur?
  • What is entrepreneurship, anyway?
  • The reality of trying to squeeze a side hustle into your life.
  • Who is a good candidate for starting a business?
  • Brief intro to the Meyers-Briggs test, and what it says about the ideal entrepreneur.
  • How to get started if you are serious about starting a business.
  • Tips for creating your business, a little bit at a time.

Listen for our “do-nows” for specific actions you can take to get started with a new business today. We’ll also answer a listener question about how to budget when you have the irregular income of an entrepreneur.

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Resources

BloombergSmall businesses don’t make that much money
EntrepreneurTraits of entrepreneurs
Hosted byHarlan Landes and Miranda Marquit
Produced byadulting.tv
Edited and mixed bySteve Stewart
Music bybensound.com

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It’s not all rainbows and unicorns when you work from home. Here’s how to stay focused on what really matters when you don’t have a boss breathing down your neck. Read More...

When you start working from home, the future looks paved with gold.

No commute, no pesky coworkers, and no distractions. Right?

Unfortunately, reality always rears its ugly head. While you may have more free time on paper, it’s easy to let those hours slip through your fingers when you become your own boss. The fear of underperforming starts to disappear, and by the time you realize how much your productivity has slipped it could be too late.

Rather than learning the hard way, nip those lazy tendencies in the bud. Here are three strategies for staying focused when working from home, cobbled together from over 10 years of experience as a freelance journalist and blogger:

Analyze your distractions.

In the 13 months I’ve been working from home, I’ve found a few repeat distractions: I can’t work if it’s messy around me, I need to sit in a real chair (not the couch), and I can’t be distracted by conversation.

Your distractions might be different. Maybe you need total silence. Maybe working too close to the kitchen inspires too many snack breaks. If you need silence, get noise-cancelling headphones. Move your home office further from the kitchen.

Everyone has different preferences, so analyze how you feel working in various spaces. Even though I feel most comfortable working in bed, it’s not where I’m most productive. I have to sit at a desk or table to feel like I’m working.

Use technology to help you.

Use Technology to Stay Focused

I’m attached to my phone 24/7, and I recognize that it’s my biggest barrier to productivity. I try to leave it in a different room when I’m working or keep it out of sight (right now it’s behind my laptop where I can’t see it). Some people also turn their WiFi off to avoid the lure of surfing the internet.

Technology can either help you stay on track or derail you entirely. If you’re interested in leveling up, here are some of my favorite apps and tools:

  • StayFocusd. I use this app to limit how much time I can spend on Facebook and other addictive sites. You can allot yourself a certain amount of time for different websites, keeping you abreast of your daily news feeds without allowing yourself to drown in them.
  • Kill News Feed. This app blocks my Facebook news feed so I don’t go down the black hole of updates. This is mostly so I can only use Facebook to update my blog’s Facebook page and check in the professional groups I’m part of. It doesn’t stop you from Facebook stalking your ex, though, so I use it conjunction with StayFocusd.
  • Simple Blocker. This is another app that blocks any website you want (Reddit and Wikipedia are two other big culprits for me). You can enter as many websites as you like.
  • Tomato Timer. I love using the Pomodoro Method (25 minutes on task with five-minute breaks) and this website simplifies the process. It’s much better than setting a Google “five-minute timer” over and over.
  • Trello. Trello is one of my favorite to-do apps. You create cards for each task and can assign specific due dates, upload documents, and even transfer them to other people. I have a variety of Trello boards for writing assignments, working on my blog, creating my course, and more. I have one Trello board that I use for organizing article ideas that I can use when pitching clients.

One of my low-tech standbys for staying focused when working from home is an old-fashioned paper planner. At the beginning of each month, I write down what I have to do that month and assign those tasks to specific work days. That way, I know on each day what I’m supposed to do.

Find an accountability partner.

One of the biggest reasons I stay focused is that I have an accountability group I check in with daily. We share what we did the day before and our goals for today.

One day I was feeling sick and lazy and reported that I hadn’t completed any of my goals. One of my accountability partners immediately responded and ask what he could do to help me reach my goals. He asked what was holding me back. I felt so guilty that I completed all my tasks as soon as I signed off.

When you work from home, you likely don’t have anyone standing over your shoulder wondering why you’re looking at Buzzfeed listicles or cat videos instead of working. Finding an accountability group can help you re-create the atmosphere of a boss monitoring your productivity. If you do get stuck on a project, you’ll also have someone to brainstorm with.

My group uses Slack to check in. It’s easier to use than text and can be done on your phone or your desktop.

Working from home offers amazing advantages, but you do need to stay focused. What are your best strategies for staying on task when you work from home?

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Authority issues and people issues. It’s a good thing I work from home. Read More...

I never lasted more than a year or two in a traditional job. Even in high school, I got tired of working for “the man” when it interfered too much with my swim practices and social calendar.

Rather than stick it out, I quit and “worked for myself” teaching piano lessons. I made more per hour, and arranged matters so I only had to “work” one day a week – the day I picked.

Through college and even after, it was obvious I wasn’t going to be able to stick with anything approaching a real job. I went to grad school, got my master’s degree in journalism, and haven’t had a real job in years. Even now that I’ve accepted a salaried position with an online publisher, I still work from home and enjoy a freelance lifestyle.

Working from home is clearly the right choice for me, and maybe you, too. Here’s why:

I hate people.

Okay, I don’t actually hate people. But I struggle when I have to be around them for hours at a time. Even my son, whom I love, gets on my nerves. I need alone time to recharge. As an introvert, working around others can be extremely draining.

I prefer to work at home, in my own space. No one demands my undivided attention when I’m at home. I can ignore emails and texts in a way that I can’t ignore a coworker walking up to make small talk (which I hate and am awkward at).

Working at home allows me to go at my own pace, interact with those I want to talk to, and avoid actually having to deal with people on a regular basis. Do I sometimes have a video meeting or phone call? Sure. But at least it’s not Every. Single. Day.

I have authority issues.

I’ve never enjoyed having people tell me what to do. I can take direction, and I try to provide what my clients ask for. However, I don’t do well with a traditional “boss” in my life. I naturally rebel against authority. Not great when you have to see a supervisor each day.

Turns out, working from home is great if you are a self-starter. It’s even better for those who can problem solve on their own, and don’t need someone to tell them what to do all the time. Working from home is the ultimate adult experience. For the most part, no one is going to make you do anything – especially if you don’t have a boss. You have to be in charge of the situation on your own.

Of course, when you have authority issues, you can’t blame anyone else for your failures. If you don’t get out of bed and get your work done, it’s on you. If you can’t figure out a solution to your problem, that’s on you, too. It’s great when you don’t have to worry about a boss walking by at any time. But you still have to perform.

I value freedom and flexibility.

The two most important things in my life are freedom and flexibility. I care about freedom more than I care about money. I prefer flexibility to security. Working from home is great for me because it offers the ultimate in freedom and flexibility.

I set my own hours. If I want a spa day on Wednesday afternoon, I take a spa day on Wednesday afternoon. Ready for a nap around 11 am? It’s sleepy time! Feel like eating chocolate for lunch? No coworkers to judge me.

My dad recently retired, and that means that I am available to go to lunch with him. If my sister needs emergency childcare help, I can provide that.

Because I set my own schedule while working from home, I can be involved in my community and help my family. Sometimes it means I work on the weekend or at night, but the truth is that a “traditional” week holds no real meaning for me. The only reason I know what day of the week it is nine months out of the year is because I need to make sure my son gets to school.

Staying on top of everything.

The downside to working from home is that sometimes it’s hard to stay on top of everything. I can’t just leave my work at work. I get distracted by other things and sometimes struggle. And sometimes my family and friends, God love ‘em, don’t respect the fact that I have to work and I can’t always take care of things. Or they get upset because I have to work right now or check my email because I’m expecting something vital to my career. They get annoyed at how there are times I really don’t stop working.

Working from home isn’t for everyone. It works for me because I like the time to recharge by myself and I like the freedom and flexibility involved. To me, it outweighs a time-intensive job that might pay more. And there really is no substitute for avoiding people most of the day.

Do you work from home? Would you like to? Why or why not?

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Is a pajama-uniform a viable option for you? Read More...

We hear a lot about the joys of working from home. It’s supposed to be the way we work now. I love working from home; it’s how I make my own living. However, just because

However, just because it works for me, and it works well for others, doesn’t mean it’s for everyone. Working from home isn’t always a viable option.

Before you get hung up on the idea that working from home is the path to career happiness, here are some things to keep in mind:

Do you really want to be stuck in the house — alone — all day?

One of the biggest challenges facing many solopreneurs is isolation. If you’re a social person, it might not make sense to sit in a home office all day. If you enjoy working with others, and being on a team, there’s nothing wrong with having a more traditional job.

If you want to work for yourself, but dread the thought of no social interaction, compromise with the help of a co-working space. At least a couple times a week you can get out and work in an environment with others.

My social interaction comes from the causes I’m involved with. It gets me out of the house and helps me avoid the downward spiral into talking to myself.

Can you avoid distractions?

What else is going on at home? When I was married, it was a nightmare trying to get anything done on days when my then-husband was around. At first, I thought it would be fun for us both to be working from home, but it quickly became evident that the distractions were real.

Look around. Are you too tempted to watch TV or surf the Internet. When there’s no one to catch you, it can be hard to stay focused. Before you decide that you are perfect for the pajama-uniform lifestyle, take an honest look at yourself. Are you really going to stick to it when you have to?

Whether you are trying to start your own business, or whether you are just trying to convince your boss to let you telecommute twice a week, you need to make sure you can block out the distractions and do the things.

Do you have the right equipment?

Working from home requires the right equipment and access to the Internet. The great thing about freelancing is that the startup costs are really, really low. I just need a computer and Internet access. Depending on what you hope to accomplish by working from home, you need to make sure you have the right equipment.

If you can’t access work remotely, or if you can’t get the setup you need for a reliable work environment, it might not be a viable option for you right now.

Before you quit your real job

I hope never to have a real job again. But that doesn’t mean that you should just abandon your source of income to pursue the dream of working from home. Give the side hustle a try first. Do a little extra work at home in your spare time. Save up so that you have something to live on if you need it when you quit your job.

Leaving the traditional workforce to work from home as a solopreneur or entrepreneur takes planning and effort. I did it backward, leaving the workforce to get my graduate degree and then never going back to the 9-to-5. Instead, I started a business while living on my then-husband’s student loans. Not the smartest approach, although it worked for us at the time.

If you are in a job now, and you are supporting yourself, simply walking away without a safety net might not be an option. This doesn’t mean that you’ll never work from home or quit. But it does mean that you are probably better off making a plan first.

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