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July 5, 2019 6 mins

Find time for extra cash without quitting your day job

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Episode Transcript

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Speaker 1 (00:03):
Welcome to Before Breakfast, a production of I Heart Radio.
Good Morning, This is Laura. Welcome to the Before Breakfast podcast.
This week we've been talking about lots of money related topics.
Today's tip is about how to make time for a
side hustle. A side hustle is something you do to

(00:24):
make money on the side, meaning in addition to your
day job. People do this for lots of reasons. Me
plenty of people could use more cash, but a side
hustle can also be a way to pursue a passion
or use skills that don't fit so neatly into a
salaried benefit providing box. If you're interested in the wide
variety of side hustles out there, be sure to check

(00:44):
out the podcast Side Hustlers with my friend Carla Marie
or Side Hustle School, hosted by my friend Chris Gulabo.
Chris also has a new book out called a Hundred
Side Hustles, which is filled with inspirational ideas. People lead
scooter tours, urban hikes, They create morning routine journals, or
even saddles for pet chickens. Seriously, if you put your

(01:07):
mind to it, I'm sure you can come up with
something you are interested in that somebody is willing to
pay for. But then once you've got the idea, this
leads to a question that's relevant for this podcast. When
are you going to find the time? The honest truth
is that you're never going to find the time. You
have to make the time. But in a hundred sixty

(01:30):
eight hours a week, there is definitely time to build
a side hustle in addition to your nine to five.
This is true even if you have a family or
other responsibilities. The first step, and this is always the
first step, is to track your time. You want to
get a really good sense of the rhythms of your life.
When do you usually wake up, When do you leave

(01:50):
for work, When do you get home? What do you
do then? What do you do after your kids go
to bed? What do you do on weekends? What time
do you wake up? And what has to happen and
what doesn't. Then you need to figure out how much
time would be reasonable to devote to your side hustle.
The good news here is that you don't need to
find forty hours a week. Then it would basically be
your main job. Chris tells me that the amount of

(02:11):
time people spend on their side hustle varies widely by
the project and the person, but generally, he says, consistent
effort on the right things, even in small chunks, can
go a long way towards boosting those odds of success.
Even twenty minutes a day with the plan and mind
in advance, combined with half a weekend day, can be

(02:32):
enough in the long run. As he studied the schedules
of people who have written into him, he's found that
it's common for people who work full time to spend
about an hour or so a day on their projects
Monday to Thursday, and then maybe a little more time
on the weekends. If you can consistently find seven hours
a week, you'll be in good company. So look at

(02:52):
your schedule considering the whole of your week, then think
about your energy levels and logistics. For many people with
jobs and families, early mornings are good side hustle time.
Turn off the TV a bit earlier at night, go
to bed earlier, and wake up an hour earlier than
you might four days a week. Use those four hours
to move your project forward. Of course, if your kids

(03:13):
wake up at the crack of dawn, or you're not
a morning person, then early mornings might not work for you.
One option is to choose one evening to go somewhere
like a coffee shop or the library. You might be
able to work from six to ten pm on your business.
And yes, that's going to feel like a really long
day on top of your regular job, and you might
need extra kid coverage, but it's only one day a week.

(03:36):
You can power through knowing you can then relax on
your other evenings. Weekends are always an option, and if
your side hustling, working on weekends is somewhat inevitable, but
you can do it with an eye toward preserving family
or leisure time even as you're getting stuff done. A
great option is to choose one weekend morning to get
up early, basically as if it were a week day.

(03:59):
You can get a ton done between six and nine am.
If you've got teenagers, this is basically time that doesn't
even exist to them. You can still have time to
relax or get a workout in before anyone starts stirring.
With littler kids, you might opt to use mid afternoon
nap time or quiet time for your side hustle, or
if you're co parenting with someone, you might reach an
agreement on coverage. But in any case, if you worked

(04:22):
four hours on Tuesday nights and three hours on Saturday mornings,
you'd be devoting seven hours a week to your side hustle,
even though you're only really stretching your schedule two days
a week. Of course, with a limited time frame like that,
it's very important to be intentional with your side hustle hours.
You need to focus on what best moves the business forward,

(04:43):
rather than spending all seven hours answering emails. But there
are a hundred sixty eight hours in a week. If
you work forty and sleep eight hours a night, so
fifty six per week, that leaves seventy two hours for
other things. Devoting seven to a side hustle still leave
space for the rest of life. If it's important to you,
it's definitely doable. If you've got a side hustle, I'd

(05:06):
love to hear when you make it happen. You can
email me at Before Breakfast podcast at i heeart media
dot com. In the meantime, this is Laura. Thanks for
listening and here's to making the most of our time. Hey, everybody,

(05:26):
I'd love to hear from you. You can send me
your tips, your questions, or anything else. Just connect with
me on Twitter, Facebook, and Instagram at Before Breakfast pod.
That's B the number four, then Breakfast p o D.
You can also shoot me an email at Before Breakfast podcast.
At i heeart media dot com that Before Breakfast is

(05:49):
spelled out with all the letters. Thanks so much, I
look forward to staying in touch. Before break Fist is
a production of I heart Radio. For more podcasts from
I heart Radio, visit the i heart Radio app, Apple Podcasts,
or wherever you listen to your favorite shows. H

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Laura Vanderkam

Laura Vanderkam

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