The fundamentals of setting up a business.
A side hustle is a piece of work or a job that an individual can get paid for in addition to their main job.
From driving for a ride sharing company to tutoring online, copywriting, and more, a side hustle could be any commercially v
iable endeavour.
The practice became as p
opular as ever in the UK during the Covid-19 pandemic, which saw 11.7 million employee jobs furloughed.
Published in June 2022, an Aviva study found that 19% of adults in the country had started a side hustle since March 2020, with 16% claiming to have earned upwards of £1,000 a month from their new venture.
Almost two-thirds (61%) claimed their side hustle had been because of Covid-19, while 30% said it had been out of necessity to make ends meet.
But 39% said it was a way to turn a hobby into an income. Meanwhile, out of those who had started a side job, 63% are still active today – the equivalent of 6.49 million Brits – out of 29.7m payrolled employees.
But how do you turn that hobby-turned-income into a fully-fledged job and business idea? How do you take that next step?