Now she says she makes a little more than she did at her full-time job and being her own boss has helped her stabilise her income. When one aspect of her business is slow, she can count on another one to pick up.
“It’s helped me segment and diversify my income streams,” the 31-year-Viscosi says. She now gets revenue from three sources: she helps organisations produce events, collects consulting fees for helping clients navigate business hurdles and speaker fees for sharing her expertise.
From side-hustle to full-time
For some, side-hustles eventually turn into full-time gigs.
Kaley Coffield used her summer break from teaching primary school in Austin, Texas to create a business called Austin Learnshop, which puts together classes and workshops with local artisans such as woodworkers, soap makers and chefs.
While teaching provided the 31-year-old stability, she knew there was a limit to how much she could earn and she wanted to gain skills that she couldn’t as a teacher. To focus on her side-business full time, she quit teaching last summer. While she doesn’t yet earn as much as she did as a teacher, she likes being able to rely on herself.
“I think any job you choose has a limited ability to provide you with security,” says Coffield. “But the idea of creating your own job, whether it works out for you or it doesn't, is empowering in a way that only seeking outward employment never could be.”
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