Question
What are the potential risks of starting a side hustle while working a full-time job?
Starting a side hustle while working a full-time job can have several potential risks. These include burnout due to working long hours, potential conflict of interest with your current employer, less time for personal activities and relationships, and the financial risk if the side hustle doesn't generate enough income. It's important to carefully consider these risks and manage your time and resources effectively.
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A side hustle is a small project, launched on a weekend, that ends up making you hundreds, even thousands, of dollars. It's something you start on the side, usually while still working a day job, as a way to get additional income without taking the plunge into working fulltime for yourself. Even if you love your job, you should still have a side hustle; more income means more options.
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