The Freelance Friday Podcast DON'T quit your job (or business). DO start a side hustle.
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May 2, 2025 Explore the world of side hustles as a creative alternative to quitting your job. Learn how diversifying income streams can shield you from economic uncertainty and client loss. Discover personal stories of setbacks turning into opportunities, like developing new courses after losing clients. Embrace the idea of calculated risks while prioritizing job stability. Plus, gain insights into useful tools for managing your hustle and check out a free class to boost your entrepreneurial skills!
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Modern Job Security Challenges
- Job security is less reliable now than for previous generations due to frequent layoffs and reorganizations.
- Having multiple income streams as a freelancer reduces risk of complete income loss.
Start A Side Hustle Today
- Start a side hustle now to diversify income and prepare for potential economic downturn.
- Use uncertain times to try new offerings and serve your audience differently, such as lower price points or new formats.
Pivoting After 2020 Income Loss
- In 2020, Latasha lost half her income when her biggest client paused payments during the pandemic.
- She launched new courses and products that eventually brought in significantly more, serving many clients at affordable prices.