Side businesses as new trend?
One thing we can count on is that 2020 won’t be exactly like 2019. And let’s also not forget that not only will 2020 be a new year, but it’s also the start of a new decade where long term thinking will become more important!
There are a lot of reasons why people start side businesses, with generating extra revenue being only the most obvious. But with so many people feeling stuck in their regular jobs, a side business also offers an opportunity to spread your wings, often into doing the kind of work you enjoy.
One of the biggest hurdles to starting a side business is deciding exactly what venture to go into. Gig work, like becoming a rideshare driver, has become quite popular. But one can also focus on any specific skills or talents. Think about the tasks you do on your job every day, as well as any non-business skills you have. Is there a way you can sell your services directly to consumers or to small businesses?
One of the advantages to starting a side business today is that there are so many ways to do it that don’t require a large upfront investment.