Right now, a lot of us are stuck at home under various stay at home orders, depending on where you live. It’s important right now that we stay at home for the greater good, and we could even see it as a bit of a blessing in disguise.
You might have a job that normally demands all of your time. You hardly get to spend time with the kids, let alone get that long to-do list done. Well, now is your chance. Let’s talk about four tips for starting that side project that you’ve put off for too long.
1. Be Original
Because we’re all stuck at home, it makes sense to launch your side project online. Social media and websites are a great way to market your new idea, but there are a lot of things to remember when launching an idea online.
One of the biggest things to remember is to be original. There’s nothing wrong with checking out what your rivals are getting up to, but it’s important to know the difference between emulating them and copying them. If you’re not original enough, you could get in trouble.
2. Do Your Market Research
As well as looking at what the competition is doing, it’s important to know your industry pretty well before you set anything up. You need to know exactly what type of demographic you’re going to be serving, and what the needs of your customers are going to be.
The more customer market research you do, the better you get to know your sector, and the easier it will be to launch your side project. It will resonate with the right people and get you off the ground quicker. From surveys to networking and asking for feedback, know your industry like the back of your hand.
3. Have Your Funds Ready
There’s a lot of merit in working from home, and if you can launch your side project from home online, even better. However, this doesn’t mean that you shouldn’t expect to have to pay for some expenses, and eventually consistent overhead.
This is why it’s handy to prepare your side project budget and come up with what you think is an appropriate amount. If you don’t have all that much to contribute to your side project right now, you might want to consider getting out a short-term loan. Title loans and personal loans are great for side projects, as they’re quick and easy to apply for.
4. Be Consistent
One of the most critical parts of being online and promoting your side project through your website and social media is consistency. If you begin to draw a crowd, being consistent about posting content will make them more likely to stick around.
On the flip side, if you drop the ball and don’t post as much as you’d like to, they might start to lose interest and go elsewhere.
There’s never been a better time than right now to start that side project. Just remember to take advice like this, and you’ll be well on your way to success in no time.