Starting a Successful Side-Hustle

A course from Ali Abdaal on Skillshare

https://www.skillshare.com/classes/Starting-a-Successful-Side-Hustle/1147193977

In this course, Ali speaks on the overall importance of having a side hustle such as a blog, YouTube Channel,  or any crafting & creative passion that can become one day a business.

Why do you need to start a side project?

  1. Fun
  2. Money in the long run
  3. It has an impact on the World.
Balance the need between Money and Fun

To start a side hustle, ask yourself the following:

  1. What I'm good at? what will the others say I'm good at?
  2. What do I enjoy?
  3. What audience or group of people do I belong to?
  4. What do I wish I had known 3, 4, or 5 years ago? to target your audience
  5. How can I combine all these to provide value and create my niche?
The key to success in your side hustle is to keep doing it constantly.

How to make time?

  • Stop using "I don't have time," You have time, but you don't want to make time. It's your decision.
  • Use time blocking techniques (I wrote an article on how to take control of your time).
  • Use Productive Downtime: make time for unproductive things like reading while on the toilet, on the train, or listening to a book while on a bike.

How to motivate yourself?

  • Shift your mind to think of discipline more than motivation.
Screw motivation, what you need is discipline.
If you want to get anything done, there are two basic ways to get yourself to do it. The first, more popular and devastatingly wrong option is to try to motivate yourself. The second, somewhat unpo…
  • Create a shorter feedback loop (small successes increase our discipline)
  • Have your identity shift: You are not trying to write; you are a writer.

How to be effective with time?

  • Parkinson's law: limit your time to do things (specific time)

Parkinson’s Law is the idea that work expands to fill the time allotted for its completion.

Parkinson’s Law : Or the Pursuit of Progress
Satire.
  • The Pareto principle (80/20)

The Pareto principle (also known as the 80/20 rule) is a phenomenon that states that roughly 80% of outcomes come from 20% of causes. More

Understanding the Pareto Principle (The 80/20 Rule) • Asana
Also known as the 80/20 rule, this time management strategy can help you identify which tasks to prioritize so you can make the most impact.
  • Make blockers in your calendar.

Tips

  • Create an easy note-taking process.
  • Create a pool of ideas to keep jumping in between.
  • Create a parallel processing system to complete things in parallel.
  • Create templates for things and include them in your process

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