-
I can't think of anyone
who just has one interest in life,
-
and that's all they want to do
for the rest of their life.
-
[The Way We Work]
-
Around 15 percent of American workers
don't have traditional full-time jobs.
-
They're half-time, part-time,
contract workers or temps.
-
The term "side hustle"
just seems to fit with this ethos
-
where people are putting together
a few different things to make a living.
-
The word "side hustle" has its roots
in popular African American newspapers.
-
In the 1920s, these papers
used the word "hustle"
-
to refer to some kind of scam.
-
By the 1950s, they were
using "side hustle"
-
to refer to legitimate work, too.
-
A side hustle is a little different
than a second job.
-
A second job is about necessity.
-
While a side hustle can certainly
bring in extra income,
-
it's a little more aspirational.
-
Side hustle captures a certain kind
of scrappy, entrepreneurial spirit.
-
I've interviewed more than
100 women of color
-
on Side Hustle Pro
-
who started successful side hustles.
-
Nailah Ellis-Brown started
Ellis Island Tea out of her trunk.
-
Arsha Jones started her famous
Capital City Co Mambo Sauce
-
with one product and a PayPal link.
-
All these women are running side hustles.
-
What exactly does this tell us?
-
First, that people are seeing opportunity
within their communities.
-
The goal here isn't necessarily
to be the next Coca-Cola or Google.
-
Scale is great, but there's also beauty
in a successful business
-
that's built for a specific audience.
-
Second, people are increasingly interested
in being their own boss.
-
Being your own boss takes discipline.
-
Self-made millionaires tend to have
one big trait in common:
-
they make decisions,
hold themselves accountable
-
and push through
in the face of challenges.
-
A side hustle is a great way
to try out being your own boss
-
and see if you have those skills
before fully stepping out on your own.
-
Third, people are multipassionate.
-
I want to stress that not every
side hustle is started
-
because someone hates their job.
-
Many are started simply
because people are interested
-
in lots of different things.
-
Lisa Price, who started a hair
and beauty company, Carol's Daughter,
-
was working in television production
when she started side-hustling.
-
She says she actually loved her job.
-
It was the fact that she came home
every day feeling good
-
that led her to start experimenting
-
with making fragrances
and hair oils in her kitchen.
-
We're always being taught
-
that we're supposed to know
what we want to do when we grow up.
-
But when you're multipassionate,
-
you want to dip and dabble
in those different things.
-
It doesn't mean that you're not
committed to your job,
-
it just means that you have
other outlets that bring you joy.
-
And that brings me to the final thing
the side hustle revolution shows us:
-
people want to make a bet on themselves.
-
Side hustles are appealing
because it's easier to take that chance
-
when you have some kind
of income coming in.
-
Even if a side hustle doesn't take off,
-
it's still an investment in yourself.
-
Forty-one percent of millennials
who have a side hustle
-
say they've shared this information
with their employers.
-
They're not worried about
their managers reacting negatively.
-
They recognize all the learning and growth
that comes with running a side hustle.
-
Everyone is looking to feel fulfilled.
-
Thirty-eight percent of baby boomers feel
some kind of regret about their career.
-
No one wants that.
-
The truth is that there are
many different ways to find happiness
-
through what we do.
-
Side hustles are about embracing that hope
-
that we can be the ones
making the decisions
-
in how we spend our work lives.