In 2016, when I got pregnant with my first son, my husband and I agreed that I would stay at home with our baby and launch a side business. I had a history of side hustling and had a lot of ideas I wanted to pursue.
I started my blog Arts and Budgets to help creative people find more ways to earn money while still pursuing their artistic dreams. During the first year, I didn’t earn any money, but I learned a lot of helpful information to help me grow the business.
In 2017, I started to monetize the blog and in May of that year, I earned my first paycheck from it. Soon after that, I turned Arts and Budgets into an actual business by incorporating it into an LLC that July.
With the help of this side hustle turned full-time business, I have created 10 income streams, paid off $30,000 of debt, and am able to work from anywhere. And I have earned at least $10,000 each month so far this year. Before I got to that milestone, though, I had to make certain decisions — and I had to make some changes in myself.
Arts and Budgets get over 100,000 monthly pageviews, has over 50,000 followers on social media, and is on track to hit six figures in revenue for the first time this year.
If you are looking to turn a side hustle into a profitable business, here is my best advice.
Develop a positive mindset
For many years, I struggled with believing that I could turn my side hustle into a business that earns a full-time income. But once I started to shift to more of a positive mindset in 2020, things started to change for me.
Before I could start earning $10,000 a month with my business, I first had to believe that it was possible. I also made a point of forgiving myself for my previous money mistakes. I didn’t want to live in shame or feel like those past decisions were holding me back any more.
I became more proactive, too. I went from saying, “There is no way I can make that amount of money with my business,” to, “What are the things and resources I will need to earn more money each month? I can totally achieve this.”
There are a few simple things that help me maintain a positive outlook, even when things are uncertain.
I start my day by saying affirmations about my business, which helps me stay optimistic. I try to spend time around people who inspire me. When I start to have negative self-talk about my money choices, I check myself …….