Article Content By: Courtney Rosenfeld
If you’re thinking of starting a side hustle, you aren’t alone. Zapier reports that one in three Americans has a side gig as a means of making some extra money alongside another job. While it’s great to get some extra cash, juggling your side hustle along with your other obligations can be tricky.
If you’re starting a freelance business as a side hustle, get organized from the beginning to save yourself administrative burden later. Establishing a limited liability company, LLC, can simplify paperwork like tax filing. Make sure to get an Employer Identification Number, EIN, which the IRS will need to identify your business for payroll taxes.
Setting up your business as a formal entity like an LLC can save time and stress later. You can also spare yourself worries by getting a handle on your finances. Rock Capital provides business and commercial financing so you have one less thing to worry about as you get your side hustle off the ground. They provide financial services that will help your business secure funding for things like working capital, equipment leasing and buying, construction costs and so much more!
Make a healthy diet and exercise part of your regular routine
It can be tempting to put all of your energy into your burgeoning business. However, it’s important to take the time to eat right and exercise regularly. Self offers tips for eating a nutritious diet when you’re short on time. For example, you can batch cook and freeze meals and buy pre-cut and pre-bagged produce.
There are also plenty of time-saving tips that can help you make space in your schedule for physical activity. If you don’t have time for a workout, make a concerted effort to walk as much as possible during the day. For instance, if you take public transport, get off one stop further away than you normally would.
Take time for mental and spiritual self care
Your mental and emotional wellbeing is just as important as your physical fitness. Make efforts to keep the stress that comes with starting a side hustle at bay. Mindfulness is one technique you can use. It not only helps minimize stress, it’s also linked with entrepreneurial success and innovation.
No matter how busy you are, take at least 15 minutes out of every day for self care. During this time, focus on doing something that’s for pure enjoyment and pleasure—not any practical purpose. There are many easy activities you can do in 15 minutes, like savoring your favorite snack, writing in a journal, or reading.
Find ways to unwind after the work day and get a good night’s sleep
A good night’s sleep is an essential component of self care. It is proven to restore your energy, improve levels of motivation, and even support your immune health. Plus, it leaves you refreshed and ready to tackle the challenges of running a side hustle. Make your bedroom into a soothing space that’s conducive to sleep by investing in new sheets, getting blackout curtains, and turning on a white noise machine.
You can also help improve your quality of sleep by practicing good habits before bed. For example, try to set a strict sleep schedule, getting up and going to bed at the same time daily. Avoid using blue-light-emitting devices before bed and steer clear of caffeine and alcohol, which can disrupt sleep patterns. I recently came across the Oura Ring which is wearable technology that helps to manage sleep patterns in a fun and smart way. Check out this article on www.workoutcave.com for 10-tips to better sleep.
Juggling your side hustle and self care doesn’t have to be impossible. Use the above tips to strike the right balance.
For more content to help you thrive in business, check out Rock Capital. We help entrepreneurs find success through financial guidance. Find out more.