4 Side Hustles Employed People In Kenya Can Easily Start And Make A Profit
Before starting a side hustle, it's good to note that there are several factors you should consider
As the cost of living in Kenya continues to rise, more and more employed people are looking for ways to supplement their income. Side hustles have become increasingly popular as a way to earn extra cash and pursue passions outside of the typical 9-to-5 job.
Before starting a side hustle, it’s good to note that there are several factors you should consider.
The first factor to consider is finances. Starting a side hustle often requires some initial investment, whether it’s buying materials or equipment, marketing expenses, or even renting a space.
It’s essential to assess your financial situation and ensure that you have enough resources to support your side hustle until it becomes profitable. In addition, it’s crucial to be realistic about the potential income from your side hustle.
It may take some time to build a customer base and generate revenue, so it’s essential to have a plan in place to cover your living expenses while your side hustle grows.
Another factor to consider is your passion and interest in the side hustle. Starting a side hustle requires a lot of hard work and dedication, so it’s crucial to have a genuine interest and passion for what you’re doing.
Starting a side hustle solely for the purpose of making money may not sustain you in the long run. Therefore, it’s crucial to identify a side hustle that aligns with your interests and passions.
Lastly, it’s essential to consider the potential impact of your side hustle on your full-time job. Some employers may have policies that prohibit employees from engaging in other business activities, while others may require prior approval before starting a side hustle.
It’s essential to check your employment contract or speak with your employer to avoid any conflicts of interest or legal issues.
In conclusion, starting a side hustle can be a great way to earn extra income and explore your entrepreneurial spirit.
However, it’s crucial to consider the time and financial investment, your passion and interests, and the potential impact on your full-time job. By carefully assessing these factors, you can make an informed decision and increase your chances of success.
Learn about these four side hustles you can easily pull off in the video below:
