3 Urgent Reasons Why You Should Start A Side Business When You Still Have A Full-Time Job

Don’t wait until things fall apart

You sit in your office or cubicle or stand at your job every day thinking of those wonderful business ideas you could turn into a side hustle or a full-time income. The only thing holding you back is that you don’t have time to work on those ideas. Where is the time to work on my side business? That’s the question you keep asking yourself and finally, you’ve convinced yourself that you just don’t have the time.

Okay, you think you don’t have the time to do any other work apart from your 9 to 5 job. The truth is when we have a job that pays us enough to take care of our bills, we tend to get very comfortable because everything is fine. The mountain is not yet on fire. You are super proud of wearing your starched and ironed shirts and tie or your stilettos to work.
Don’t get too comfortable because there are many reasons why you need to start a side business while you still have a job. Let’s look at the reasons why you should start today.

Read More:
How To Start A WordPress Blog | Benefits Of Blogging
How To Make Money From Blogging

1. Your Job Can Disappear Anytime

The era when our parents or grandparents had and kept a guaranteed job for 20 to 30 years in one company or industry is gone. Jobs are no longer guaranteed. Your company can get liquidated. A merger can cause your department to be removed or a massive reduction in staff count. You may get fired or laid off even if you’ve worked in your current company for over a decade. So, the earlier you start your side hustle or side business today, the easier it is for you to gradually grow the business and reap the rewards in future.

2. Automation and AI Will Be Making Some Jobs Obsolete

As someone who has been working on software automation and building artificial intelligence (AI) models, I have seen first hand what the effects of AI will be in the near future. Computers are being programmed to figure out things for themselves in a much faster and less error-prone way.
If your job requires you to analyze multiples of samples of whatever for classification purposes, forget it, once your industry perfects their neural network for that specific task, your job is gone.
Self-driving cars are gradually hitting our roads. When Uber and Taxify appeared in our cities, traditional taxi drivers were hit by the effect. Even software developers are afraid that they are writing AI codes that will take over their own jobs.

A study by McKinsey Global Institute found that up to 800 million global workers will lose their jobs by 2030 and be replaced by robotic automation, a new report from a consultancy has found.

The study of 46 countries and 800 occupations by the McKinsey Global Institute found that up to one-fifth of the global workforce will be affected.

Many large departmental stores now have self-checkouts. No cashiers standing on those registers to chat with you. You just scan your items, swipe your card and boom… your receipt is printed. I noticed some elderly people refusing to use those self-checkouts because they think they are encouraging these businesses to replace humans with robots if they use them. You can only avoid automated systems for a short time. You may like to Meet these Canadians who refuse to use self-checkout because “they kill jobs”.
So, robot-proof your job by starting a side-business today.

Read more: Proven Ways To Make Money Online With Your Multi-lingual Skills
Simple Method To Launch Your Online Store Faster and Cheaper

3. Start A Business When You Still Have An Regular Income

It is very difficult to start a business when you no longer have another source of income. You will not have the patience to watch the business grow and mature. All you need at that moment is how fast you can start making money to take care of your needs. Any business you start at this time will suck up your emotions, energy and savings. So, the best time is now that you still have money coming in from your current job while you still figure out the strategies to develop your side business idea.

If you have no idea of what side hustles or online businesses you can do today, read my 10-part online side hustle series. You may find one that works for you. Subscribe here to get notified when I publish the next business ideas you can start today with ease. Watch out for my next article on “how you can find time to work on your side hustle”.

Good luck with creating your side business. To support me, you can view some of my recommended resources here. If you buy or sign up for any of those tools or products, I get a commission at no extra cost to you.

Let’s continue the conversation in the comment section below.