Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts

7 BEST IDEAS TO START A SIDE HUSTLE

 



What is a Side Hustle?

side hustle is work completed outside of one's day job, and therefore the work tends to take place during evenings, on weekends, or during vacation breaks. ... You can start your own side hustle, or you can complete work on a freelance, contract, on-call, or part-time basis for a company.


Aspiring entrepreneurs with a strong drive can look to a side hustle as a stepping stone toward financial freedom. Your side hustle can also allow you to focus on what you're most passionate about if you don't get that satisfaction from your full-time work. It can give you the flexibility (and extra savings) to travel the world, care for the environment, or pursue causes in a more meaningful way.


If you’re planning to start a side hustle, here are 7 steps that'll help you get more traction, while you keep your day job and only source of dependable income.

7 Steps for you to Get More Attraction

  • Identify your skills and Areas of Interest
Never enter a battle ill-equipped for the challenges you'll be facing. In order to experience quick results, you must back your side hustle with relevant skills, experience or industry knowledge.

  • Validate Your Side Hustle With One Paying Customer 
Your side hustle idea may seem incredibly awesome and disruptive to you, but that’s not necessarily how your potential customers will see itThe real reason you need to validate your side hustle idea with a paying customr before getting too far into the business is to make sure you're not creating a solution to a problem that doesn't really exist. The “lack of market need” has been cited in an extensive CB Insights study as the top cause of startup failures.
  • Differentiate Yourself From Competiting for Customer  
Unless you’ve built a totally new product or service that’s a class in and of itself, chances are you’ll be positioning your side hustle against other established players catering to the same target audience. Competition is an inevitable part of doing business..

  • Define Clear Goals
It’s commendable to dream big. But when it comes to actually making your side hustle a success, you will get absolutely nowhere by aiming for the end zone straight out the games. In order to make your larger goals happen, you need to start with very small, incremental goals. 
  • Ask for Real Customer Feedback Without feedback

 from your earliest customers, you'll expose your side hustle to the serious risk of failure.

  • Avoid Getting Fired From Your Day Job
Obviously, you shouldn’t work on your side hustle during company time, nor should you use company resources to advance your own pursuits. Not only is it unethical, but it's likely a violation of the employment agreements you signed when you began your job. More importantly, non-compliance to contract terms can lead to disciplinary and even legal action, I've learned this lesson the hard way. 

  • Build a Sustainable Flow of Customers Before Quitting Your Day Job
My advice is to never leave your day job until your side hustle is providing you with a sustainable, growing cash flow that exceeds that reaches to at least 75 percent of what your day job pays you. Most entrepreneurs have a healthy appetite for risk, but you shouldn't plunge into anything without having a decent chance of success.





HOW TO START A PROFITABLE BUSINESS


We know you have the drive and motivation to create your own success, but you may be in need of some fresh ideas and a little inspiration. If you are struggling to demonstrate to others you’re a self-starter, try a few of these tips to get yourself noticed at work:

  1. Bring your own solutions to the table.
    If you have a question, think of all the ways you can answer it on your own before bringing it up to your supervisor or colleagues. Providing your own solutions will prove you think things through and can make business decisions when needed. For example, rather than asking your boss, “what do I do now?” you could say, “I am considering doing this, for this reason. Do you agree this is the right approach?”

  2. Embrace challenges and make it a habit to take initiative.
    Can you work on a project or task a little out of your comfort zone? If you volunteer to take on challenging tasks and put in the work to make them a success, people will notice. You’ll learn new skills, stand out, and position yourself for success.


  3. Set goals for yourself and create an action plan to achieve them










  1. What are you trying to accomplish? 

  2. Getting a promotion, changing jobs, increasing your salary? Typically, there are many steps between where you are and where you want to be. Start by identifying your key milestones and creating an action plan to accomplish them. 
  3. Celebrating small accomplishments will keep you motivated. Plus, if you share your action plan and the steps you’ve taken with your manager, it is likely they’ll help you out.

HOW TO SET MY BUSINESS GOALS


When You run a Business, or even your own Startup, there are many factors involved in the success of the venture. These includes things like:

  1. Targeting the right customers.
  2. Having a point of difference.
  3. Effective Marketing.
  4. Keeping a close eye on cash flow.
  5. Providing good customer service, and more.

it’s also important to keep in mind that, as the leader of, and potentially the only worker in, your business, ultimately its success comes down to your personality.

You not only need to be on top of various topics and tasks, but also must have the right kind of mindsets and personal strengths to achieve your goals. 

Build on those ideologies, you may likely want come back to resource here for more information on capacity building for sustainable business development.



Gold Dust Events: The Legendary Events Planner and Decor

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Folashade Ayodeji, the CEO of Gold Dust Events is among the Top Notch Events Planner in Ilorin City of Kwara State. His creativity in the exterior decoration is more dynamic and extra ordinary. 
He has various method to bring out special and reaching dimension, suitable for the gathering.

"Suffice it to say, the marketplace is large enough to support and sustain your endeavor," says Goldblatt. 

If you're working in one special events area, there are many directions in which you can expand. If you're just entering the profession of special events, there's a lucrative market awaiting you on many fronts. To achieve highest grade, an appropriate channel as to be reference to make your presence colorful and people around.

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He posted recent Wedding Decoration Picture, from the collection of his works to Facebook timeline with the remark,


"This is the matter I have been settling since Friday that make me off online."

 Folashade Ayodeji.


Image may contain: one or more people, people standing, shoes, hat and outdoor
Recently, Folashade Ayodeji his Fashion styles needed to be reference for cooperate life consult. 
The outfit to the commemorate his work put everyone in awe. He has not declared any interest in modeling, though his Fashion outlook on the occasion was elegant.

He is more professional to create heaven on the earth serene environment for special purpose. Though, generally speaking, special events occur for the following purposes:

  • Celebrations (fairs, parades, weddings, reunions, birthdays, anniversaries)
  • Education (conferences, meetings, graduations)
  • Promotions (product launches, political rallies, fashion shows)
  • Commemorations (memorials, civic events)
              You deserve good living by legendary Creationist