Not long ago, I was about thisclose to having to file bankruptcy. Yeah, I know. I was pretty depressed about it, but it can happen to anyone, especially if you don’t have a healthy relationship with money at the outset. However, I was fortunate enough to begin to apply the lessons I’d learned from studying business in college in order to not only improve my financial literacy but to also pay off a little more than $250,000 in debt. I’m sharing my experience with you in hopes that you can avoid the pitfalls that almost ruined my life.
Well, let me start off by saying everything isn't for everybody. As you know from my last blog post, I rock with the side hustle. As a matter of fact, I rock with all forms of entrepreneurship (it's in my DNA), so let's not make that an issue. However, while we talk about sidepreneurs and validate their hustle, we don't always address the issue of transitioning from sidepreneur to full-time entrepreneur. Here are a few tips to help you decide when it's appropriate to take your side hustle full-time.
There's no perfect way to do anything, and there is usually more than one way to skin a cat. If you're going to ease into entrepreneurship by going the side hustle route until your business gains enough traction for you to be a full-time entrepreneur, these tips should help you get the most out of your efforts.