To achieve success in a side hustle in 2025, it is crucial to be organized, advises an expert.
In 2024, side hustlers earned an average of $891 per month, with some making as much as $1,000 to $2,000 per month, according to a June 2024 Bankrate survey of 2,332 U.S. adults.
To succeed in adding another income stream in 2025, consider taking a few initial steps, advises Angelique Rewers, CEO of BoldHaus, a small business consulting firm.
Here's what she recommends.
Organize the tools for your hustle
First, "make sure that you are organized," says Rewers.
To keep your external moneymaking activities organized, you should have a dedicated bank account, credit card, and ensure your tax accountant is informed. You can use Excel spreadsheets to record your clients' information.
If your side hustle becomes successful and you haven't created the necessary tools, you will lose control of it.
Make sure that 'you are tracking your time'
Ensure that you not only monitor your expenses but also track your time, advises Rewers.
It's easy to overlook the amount of time spent on hustle and work without receiving payment for overtime. For instance, you may have informed a client that a project would take five hours, but billed them for those five hours even though it actually took ten.
Rewers advises being realistic about the time commitment required for a side hustle and pricing it accordingly to avoid resentment and wasting time.
'Pick up the phone, text people'
I'm excited to share that I've landed a new job!
Rewers suggests reaching out to family and friends for assistance in finding clients or hiring opportunities.
To expand your network and connect with people you don't know, she recommends creating profiles on apps and platforms such as Nextdoor, Facebook groups, Upwork, Fiverr, and Reddit. Additionally, she suggests discussing your freelance work on LinkedIn, as long as it doesn't conflict with your full-time job.
To earn extra money online, sign up for CNBC's course on passive income streams, which includes tips for getting started and real-life success stories.
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