by Alan Collins
In today’s tough economy, there’s a new career model emerging.
This is one you won’t read about in Workforce magazine, HR Executive or find as a topic at any SHRM meeting.
It’s called sidehustling and here’s how I stumbled on to it.
A buddy of mine who is an HR director in Chicago recently informed me that he was taking an advanced online class on how to sell stuff on eBay.
Totally shocked and just a bit curious, I asked him:
“Why the heck are you wasting time taking a class on eBay when you could be using the time instead to take a class on talent retention, health care cost containment or how to leverage social media in HR? Those are the hot topics right now for HR…wouldn’t those be better for your HR career?”
“Sure, but hey,” he replied passionately, “Doing the ebay thing is my side hustle to put a little more cash in my pocket. I absolutely love HR to death, but the health care company I work has eliminated merit increases entirely for this year and I can use the extra income. This advanced ebay class is going to help me do that.”
He went on to say: “You see, I’ve been a coin collector since I was in grade school. And, I worked in a coin shop during the summer to help pay for college. Now, I make a nice little side income buying and selling them a couple of evenings a week from home on my laptop on ebay. At one point, I thought about opening up my own coin business full-time as a coin dealer, but it was just too risky and expensive. So, I decided to turn my passion into my side hustle instead. I’ve been buying and selling coins at a profit for over four years on eBay — all while keeping my day job in HR. So back to your question…yes, I’m looking at building my skills in HR, but I want to keep my side hustle going too.”
After we talked a bit more, it was hard to argue with his logic. And one thing struck me…
More HR folks need a sidehustle.
Let’s face it, the economy is at an all time low, the housing and job markets are in the middle of a crisis, credit is hard to find and keep, and many exceptional HR pros are out on the street or having a hard time meeting their monthly financial obligations.
While many search for a better paying job or work towards advancing their HR career right where they are, many others are also choosing to sidehustle.
If you’re in HR, a sidehustle may be a great alternative for:
- Earning a few extra bucks on the side.
- Testing and trying out a new business idea.
- Keeping some revenue flowing in if you’ve lost your job and are in transition.
Here are a few examples of sidehustles people that I know are doing successfully on evenings, weekends or part-time…while balancing the demands of their full-time gig.
- Teaching HR classes at a local university or community college
- Providing a resume-writing service or career coaching
- Consulting with small businesses
- Writing for blogs, websites, their local newspaper or for national magazines
- Teaching English (Spanish or any another language) to those wanting to become bilingual
- Becoming a paid fund raiser for local charities
- Doing event planning for local organizations
- Buying real estate and renting it out
- Buying stocks that pay annual dividends
- Selling personal photography or art
- Buying and selling collectibles on ebay
Obviously, some of these are more risky than others. Some are related to HR. Some aren’t. While the people doing them won’t become as rich as Oprah, Bill Gates or Lady GaGa, they’re finding the extra spare-time income helpful.
While many are choosing not to hide their sidehustles from their full-time employers, they don’t publicize them either. They don’t want their sidehustle to get them fired from their main hustle. So, if asked, they refer to them as their “hobbies” or “spare-time interests,” because they don’t want to be perceived as not being 100% committed to their organization’s success.
So what’s your side hustle?
One of the things I do in my spare time is to create websites. I’ve never called this my sidehustle, but that’s exactly what it is. It’s fun for me and it creates another revenue stream. Besides sites I create for myself, I’ve created blogs for local judges, real estate agents and a couple of interior designers.
Over the years, I’ve learned how to produce these sites quickly in my spare time…without diverting me from my main focus which is my HR work and career. And it’s a good change of pace for me, allowing me channel my creative juices into something not related to HR. I’ve even created a new website about this whole idea of sidehustling…and it includes a ton of sidehustle ideas you may want to consider…check it out HERE.
From my own experience and talking with others, a good sidehustle will have the following characteristics:
- You like doing it.
- You are pretty good at it.
- It may be related to your career in HR…but it doesn’t have to be.
- You can generate some quick cash in a short period of time
- It does not require a huge amount of time away from your HR day job.
- It does not create a conflict of interest situation with your company (very important!!).
- You focus on one hustle at a time to keep your stress level low.
- Start with an easy hustle first.
- Set goals and time frames to get your hustle started.
- It is ideal if your hustle is an extension of your HR brand. For example, if you’re an HR generalist, teaching an HR class in the evening at a local university is great for your resume and great for your pocketbook.
- Your hustle will not get you thrown in jail (dealing crack, while profitable and possible from your home, is not recommended)
What do you think about sidehustling as a supplement to your HR career? Do you have a sidehustle? Give us your feedback by clicking HERE.
We’d love to hear your story.
About the Author: Alan Collins was Vice President – Human Resources at PepsiCo where he led HR initiatives for their Quaker Oats, Gatorade and Tropicana businesses. He is now President of Success in HR, Inc. and the author of UNWRITTEN HR RULES . His new book, BEST KEPT HR SECRETS will be available in September on Amazon.