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‘Tale Alimi: 5 Reasons Why You Should Have a Side Gig

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A side gig is a means to make extra money on the side apart from your normal source of income like full time employment. If you are already making a good income or/and working at a career you enjoy, then a side gig wouldn’t seem necessary to you.  However if you are like the majority, then here are some reasons why should have a side gig:

Earn Extra Income
If you want to make an additional source of income to cover some ‘wants’, then a side gig would be a good option. For example, last Christmas I wanted to treat my son and I to a multi-destination holiday and my ‘regular’ income could not fully pay for the trip, I was glad to get a side gig as a facilitator for a business conference in three states that provided the needed extra to make the trip possible.

Practice Entrepreneurship
Aa lot of people have dreams of one day owning a business and working for themselves, but why wait for one day? Why don’t you start a side gig today and get the required practice. The good thing is even if you fail or have challenges, you still have your main income to fall back on and you can easily make corrections without becoming stranded. Also with practice, you learn what and what not to do which boosts your confidence and gives you the required experience when you are ready to go all out.

Express Your Passion
Statistics has shown 80% of people are working jobs that they are not passionate about and stay with it only because of the income stability. A side gig is an opportunity to express your passion without quitting your 9 to 5. You can spend your evening and weekends’ fuelling your true passion so that you would have the motivation to keep at your job until your passion begins to bring in the big bucks. I know several people who are doing this. I met a lady early this year at a retail fair in Vegas; her passion was shoes, so she set up an online ‘shoetique’ while she worked her day job as a nurse. Her day job funded her passion and she hoped to eventually focus on her passion fully someday.

Start Creating Your Future Now
If you have ever used the cliché ‘when I grow up’ statement, then you don’t have to keep waiting to grow up, you can start creating your future now. If you plan to set up a school when you are richer or have more savings, why don’t you start with afterschool or weekend clubs now? I met a man recently who is trying to quickly set up a business because he found out that the multinational he works for would lay off staff soon as their margins had thinned substantially. You don’t have to wait till things become desperate, start way before you even need the additional income.

Create Your Plan ‘B’
One of the reasons why I advocate that people should have a side gig is so that you would always have a plan B when an uncomfortable situation comes up. I have heard of situations where bosses treat subordinates with disrespect; either a female subordinate being harassed by her male boss or a male subordinate being emasculated by his female boss. Most people endure such demeaning situations because they feel they don’t have a choice. However, if you have a side gig bringing you something to meet your basic needs, you can easily walk away from that situation.

Now that you have realized why you should have a side gig, the next step is deciding what your side gig should be. My immediate advice is, think about what you are passionate about, what you are good at and what you can do during your spare time. If you want some ideas, you can download my free ebook here: 10 businesses you can start on the side.

Photo Credit: Dreamstime |  Michael Zhang

'Tale Alimi is the Co-founder and current CEO of Owoafara, a fund matching and business support platform for African MSME's. She is also the Lead strategist of Tale Alimi Global; a strategy consulting boutique focused on working with visionary and forward thinking SME's to take their business from small to scale. She is the author of Uplevel and her latest book Small to Scale. She has a Masters in Business Administration from Lagos business school, a certificate in personal coaching from the coaching academy UK. She is a social innovation fellow with the startingbloc institute in the United States. When she is not thinking about innovative business models, she is an avid fitness enthusiast. Learn more about her new startup Owoafara:( owoafara.com). Get daily business inspiration when you follow her on twitter (http://twitter.com/talealimi) and get an insight into her life on Instagram ( www.instagram.com/talealimi)

14 Comments

  1. Tuu

    July 22, 2015 at 3:00 pm

    This is too important, I’ve just been thinking about this lately. I really need a side job but I don’t know what to do, I love photography and make up but I don’t know jack about them and besides i feel the make up world is over dominated now, on the other hand i love to cook and love learning new recipes and i never get tired, but how do i go about it.

    • ss

      July 22, 2015 at 4:28 pm

      same here!!! really don’t know how to go about it 🙁

    • nkay

      July 22, 2015 at 4:30 pm

      This is sooooo me! lol

  2. Mocha

    July 22, 2015 at 4:16 pm

    Thanks for this.

  3. amanda

    July 22, 2015 at 4:27 pm

    I agree with the article that side gigs are not for everyone. A lot of us Nigerian folk try to keep up with a side hustle and work at the same time and whilst at it, are super unproductive and do not gain mastery in both areas. I think we generally do not know the meaning of building an empire, and simply hustle, do several gigs or hop from gig to gig without actually focusing on building one thing successfully to a next generation-type business.
    There’s a saying that one has to put in 10000hours to gain mastery in a subject. Obviously this shouldn’t be taken literally but just points to the fact that you need to put in time and effort to gain mastery enough to build either a successful career or business.

  4. Gabufada

    July 22, 2015 at 4:27 pm

    Gain knowledge about your passions. Online information is readily available for free. Next, practice on friends and family regularly. Practice makes permanent (walahi). It’s never too late to follow your heart. Best of luck.

  5. PRINCE

    July 22, 2015 at 4:45 pm

    Thank you for inspiring me today. this is thought provoking. If you live in a city like Abuja. Side gig is a necessity. once more, oooooosssssssseeeeeeeeeeeee

  6. treasure

    July 22, 2015 at 5:04 pm

    you speak the truth! in my case, I have an 8-6 which drags on till even 10pm sometimes and i dont have enough time for my side gig! sometimes i feel torn between a million things, i turn to food for comfort and i’m getting bigger by the day. one thing is sure though, i can’t give up my side gig cuz like the writer said, it makes my life interesting, gives me some small extra change and i’m the bawse 🙂

  7. mgtss.blogspot.com

    July 22, 2015 at 6:10 pm

    Thank you Ms Alimi for this inspiration. Having a side gig has been on my mind for a long time but has begun to nag me night and day since last Saturday when i attended a business function. I am now seriously considering something, and only have to save up a little more to begin. I really want to do this as my regular cannot cater for all my needs. I am forever calculating and uncalculating and i am tired of doing that!

  8. Dr. N

    July 22, 2015 at 7:45 pm

    Can we have a like button for d article? Sometimes u have no comment, just a welldone

  9. yejide

    July 22, 2015 at 8:34 pm

    I really love events planning. But handling that with a bank job seems like a suicide mission.

  10. clementine

    July 23, 2015 at 6:43 am

    Weldone

  11. Miss G

    July 23, 2015 at 5:05 pm

    This is so true

  12. Emy

    July 25, 2015 at 2:09 am

    I have always preached having multiple streams of income as one source is most times not enough to tide you through. This article is just what they need to see.

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