As most of you may know, blogging clearly isn’t my day job. Really at this point, it isn’t even my side hustle. My side hustle is actually house sitting, which is really when my blogging career/hobby started.My day job however, has taught me a lot of valuable things. Not only that, but I’ve worked for someone who is a lot like me when it comes to practically living at work.
How my 9to5 has taught me how to run a side hustle.
Budgets are necessary.
The one time a year that I hate the most is the beginning when we are setting up budgets. The owner of our company has a tendency to be a little unrealistic about what we should be making. Sure, it’s a nice thought to have your company make 2 million more than they did the prior year. It’s not realistic though! Having a budget for your business is important though. Knowing what you are going to bring in and preparing for it are important. Not sticking to a budget could cost your company as little as a subtracted benefit to letting go of a whole department of people.
If you aint working on the down time, you aint working.
This I actually took from Gary V. I have found myself watching his channel on youtube a lot, and one of the main things that he stresses is that you can’t have free downtime. The hours after work, on the weekends, and even on breaks are just as important. Minimize your down time, because you are just wasting time that could be spent on being a boss.
Pay your vendors.
This is MAJOR! Pay your vendors!! Take it from someone who is currently trying to collect from one of our clients, the quickest way to ruin a client vendor relationship is to owe them money. Most vendors will actually stop supplying to you if you aren’t paying them within their terms.
I’ve found that if I pay my vendors before their terms, and on a consistent basis they actually provide better service. Sometimes this can’t always be the case, but you have to focus on providing great service to not only your customers but your vendors as well.
The customer may not always be right, but still be curtious.
Let me tell you something…. The customer is not always right! User errors are a real thing, and most consumers will not review every item before they purchase it. That doesn’t mean that you can be rude or ignore them. I shouldn’t have to say the golden rule here, but treat them like you would want to be treated. Sometimes mean comments or reviews aren’t because of something you did. Maybe their negative outlook could be changed by just acknowledging their complaint.
Don’t be afraid to make up your own rules.
You want a company benefit to be monthly paid Mani/Pedi’s? Go for it! Heck, I got my company to not only pay me my PTO hours, but also pay me money to go on vacation. Not all companies can be run the same. I guess that’s the part they don’t teach you in college. You don’t need a formal offices because you can rent out a co-working space. You don’t even need to hire your typical staff. They could be offsite, contractors, interns, or third party services. Brick and mortar businesses don’t have to be the solution, and their ideals or typical practices don’t have to be yours.
Do you have a side hustle? If so what do you do?