Learn How to Grow your Side Hustle Without Negatively Affecting Your Studies.
Nowadays, there are more and more students becoming entrepreneurs. From developing an online shop, freelancing, developing online content, to being a tutor; side hustles today are a way to gain independence, pursue a passion, and get valuable experience. But one of the most difficult constraints that a student entrepreneur faces in their time, thinking: how do you grow your side hustle while maintaining your studies?
The good news is that it can be accomplished! If you have a plan, manage your time well, and think in the right way, you can successfully complete your studies while you work on and grow a side business!.
Let’s break some ways on how to grow your side hustle without disturbing studies.
1.First Things First: Manage Your Time.
Time is the most precious resource for any entrepreneurial student. Having to balance classes, assignments, exams and commitments to the side hustle all are reason for the need to manage your schedule effectively to optimize success.
Begin by mapping out your week. First, examine your **fixed study hours,** official class times and deadlines, these must remain hardest scheduled planning and during the academic year should be fixed in time allocation. Once your non-negotiable academic commitments are established, you will want block your side hustle into the calendar. This will help you eliminate the overlap and added stress of studies and the side gig.
Examples of tools to help with organization include **Notion, Trello, or Google Calendar.** You can even set a reminder for small items to ensure that you are not late on anything. The most important factor in being organized is to be consistent. It only takes two or three focused hours a day to help your side gig grow and not take away from your study time.
2. Start with a small undertaking, and keep it small.
One of the biggest pitfalls for students is biting off more than they can chew. Just because you are starting a side hustle does not mean you have to make the entire leap to the deep end right away. Start small, test your ideas, and scale up once you have a good understanding of your workflow and how much time you have available for a side hustle.
For instance, if you are starting a freelance writing business, only take 1 or 2 clients to start. Once you have set up a system and learned how to manage deadlines, you will know your bandwidth.
This evolution can assist you in avoiding burnout, and keeping your studies at the forefront of your mind. Remember- the investment you are making is in your education. The side hustle is your space to begin to develop skills you will/need someday.
Choose a Side Hustle that has relation to your interests and/or field of study.
When you spend time doing a side hustle related to your studies, you increase the chances that it will be a relevant experience that is less of a distraction.
For example:
- For a marketing student, there’s great real-world experience in running a social media management business.
- Students in graphic design can offer logo or brand design services that help in portfolio accumulation.
- Students in computer science can build their skills and experience in coding by web development and app design freelancing.
These will of course relate to your interests, but it is important that you choose studies that you will enjoy. This will help in your learning and education.
3. Set Specific Objectives and Limits
There is always benefit in setting and striving for individual goals and objectives. That being said, remember that putting more pressure on yourself might impact your academic studies and a side hustle. That aligns with a personal interest and/or area of study. Therefore, take care to set logical and reasonable short- and long-term goals.
Please ask yourself the following questions, When you plan goal setting:
How many hours will I push my hustle weekly?
After three months, what would I like to reflect back on and feel that I have accomplished?
How will I measure my own progress while keeping academics a priority?
Boundaries and goal setting work in harmony. Your side hustle should not eat into your study time or time allocated for exam preparation. Be clear regarding your working hours to your clients.
Communicate your work hours to your side hustle and let them know you will not work weekends for the sake of your school times.
By telling others what your boundaries are, you will help structure your work-life balance, and it creates a sense of intentional method to how you organize your planned items.
4. Using Automation and Digital Tools
When working multiple jobs, technology is your friend. Rather than living in a time-consuming hands-on process, take advantage of automation to help focus on the most important composition of your days.
Just think:
- Social media tools such as Buffer or Hootsuite automate and schedule posts.
- An email responder can answer customer inquiries while you study.
- Accounting apps such as Wave or QuickBooks make it easier to assess and track your finances.
- Task managers such as Todoist or ClickUp can assist you in planning your daily goals.
Automating your repetitive tasks will ensure that your side hustle continues to run smoothly even when your academic weeks are particularly busy.
5. Learning to Delegate or Collaborate
Your side–hustle grows quickly, as will the responsibilities that can come along with it. Don’t hesitate to delegate tasks or work with friends and peers that have the skills you need.
Imagine you are very good at design, but you struggle with writing captions or managing orders. You can work with someone who can support you. This type of collaboration decreases your burden but also enhances your informal skills of cooperation, communication, and leadership which are integral in any profession.
If you are not in a position to delegate any of your tasks, you may look into outsourcing minor, time-consuming tasks on Fiverr or Upwork. Paying a little to save a lot of your time can be a worthwhile investment.
6. Make Use of School Resources
The concept of promoting student entrepreneurship and student-run businesses is common to many universities these days. For instance, you might find:
An incubator or mentoring
Entrepreneur or entrepreneurship clubs or other similar societies
Free workshops, speakers, and networking
You will probably gain support from a mentor through these and even find a way to participate in some options or offerings that will allow you develop your business effectively and potentially even fund it with little to no cost. You will save time because using your resources wisely is paramount. Lean on educators and even mentors about the best rate to appropriately manage time on your business in addition to your studying. Faculty commonly appreciate your action steps to take initiative.
7. Leverage a Healthy Lifestyle
Having a side business and courses can get complicated. If you become compromised with either your studies or side business, you will not perform optimally in either your studies or your side hustle. In order to perform your best, make sure you have:
Sufficient sleep (6-8 hours)
Healthy meal intake to provide energy
Take breaks throughout studying or working
Exercise or meditate regularly to combat tension
Operating without a healthy lifestyle will benefit neither you nor your studies. You will never achieve as much as you could when living a healthy lifestyle.
Having a side hustle while in school has advantages and disadvantages.
Finding stability between juggling a side hustle and school can be both rewarding and stressful. Having a side hustle provides a taste of independence and freedom of financial resources. Either way, without a commitment of lived self-discipline and focus, you won’t be able to reap the rewards. Realizing the benefits and drawbacks gives you the foundation to plan and work through both.
Advantages:
The most obvious benefit of a side hustle is that you can create your own income. That means you can pay for your own living expenses, save for something in the future, or reinvest in your business. For many students, earning money is empowering, reduces personal reliance on parents or student loans, and is motivating.
In addition, running a side hustle represents a great learning experience. You learn client and deadline management, finance management, and business-related decision-making. These are all characteristics and skills potential future employers or investors are after.
From being a student and having a side hustle, you learn the value of decisively prioritizing and organizing your time. Planning your week, and setting and regrouping your deadlines teaches you how to be focused and what is important. This will be a skill that serves you well in your eventual professional career and education.
A side hustle stimulates creativity, regardless of if you are hiring a new employee, marketing your product, or solving a customer complaint. Your creativity is always improving your decision-making and problem-solving skills in the context of your side hustle. Your creativity will be helpful the next time you must look at an assignment from a different perspective.
In addition you are also networking with clients and establishing connections with individuals who could potentially become your future employer or business partner. Networking at this point in time gives you the ability to establish your career interests, even before graduating.
Challenges:
Time Management: Time management is likely one of the more challenging obstacles you will encounter. You are balancing classes, assignments, and exams on one hand and deadlines and orders you have on the other hand. There are times that this can seem overwhelming. If these time constraints are not managed well each week, you could find yourself falling behind or struggling to keep up with your grades.
The Pressure of School: Every student understands academic pressure, especially during a week of big exams or a due project. At times, it may become impossible for you to balance your studies alongside the academic pressure, and consequently have to decide to take a short break on your side hustle to focus on studies. As a result, you are impacted by academic pressure either enough to affect consistency or earnings.
The Challenge of Burnout and Fatigue: All of these activities can take a toll on the individual and burnout is always a possibility. You may either not have a chance to sleep, or school hours can be complimented with one or more hours of work, and you rest only when school assignments are due. If you do not take care of yourself, your ability to perform academically and perform your side hustle can drop to an all time low.
The Challenge of Financial Risk: Not all side hustles are risk free. Items, ads, and tools you may need for your side hustle may be of additional cost. If you do not budget your finances well, you can lose money, and it is important that all students started with a small budget.
The Challenge of Distractions and Loss of Focus: It becomes possible to become wholly distracted from school, while focusing on the side hustle. Distractions are more common when your side hustle is gaining momentum and it makes money.
Limited Experience and Support
Many students begin their side businesses with almost no knowledge about how to actually operate a business. This can cause poor pricing, poor marketing, and poor customer service. With this happening, some students can become overloaded and frustrated with the overload for students who have no experience and who have no support in terms of mentors and support.
In Summary
Being a student and starting a small venture or side business will be difficult, but it will certainly pay off because you will learn time management, responsibility, creativity, and adaptability — traits and skills that will support you for the rest of your lives.
You will need to create a balance of structure, self-discipline, and awareness. Do not try to do everything at once. Instead work piece by piece, that way, you are organized. Most importantly just understand the education and the entrepreneurial experience are meant to coexist, it is all about balance.
Your degree will help you open the door, your side hustle will help you walk through the door.