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Five Mistakes to Avoid with Your New Side Business

Have you been considering starting a small side business to help you earn a little extra money and keep you and your family afloat despite nine percent inflation and soaring gas and food prices? It’s a great idea. Turning your talents and skills into a side hustle can be very lucrative. However, it’s important not to fall into the many traps that can easily close down your side hustle.

Mistakes to avoid with your side hustle

  1. Saying “yes” to too many customers. It’s a great problem to have, but having too much business is still a problem. Better to know how much you can handle at one time and limiting your customers to those you can handle well.
  2. Setting your rates too low. It’s easy to do this, especially if your business is one that requires few or any supplies to provide your service. However, your time is worth something. Determine an hourly rate for your time and set your rates accordingly.
  3. Stopping promotion of your business. You never want to stop marketing your business. Even if you have a full schedule of customers, you never know when one might move away or experience a financial downturn. The most successful businesses are always promoting. SelfLIST can help. Read more about how below.
  4. Being unprofessional. Just because you work for yourself doesn’t mean you can ignore deadlines, deliver shoddy service or be rude to your customers. It’s best to treat your customers how you’d like to be treated.
  5. Ignoring good business practices. Equally important are good business practices, such as putting your agreement with customers in writing, making sure to set aside money from each job for taxes, and getting a business license.

Connecting with customers with SelfLIST

SelfLIST makes it easy to get customers for your side business. We’re an online registry that helps you connect with people in your area who need the service you’re offering. Using SelfLIST lets you devote more time to your customers and less to marketing. Plus, we’re affordable. For just 25 cents a day, customers can find your profile 24/7.

Don’t make the mistake of not marketing your business. SelfLIST helps you find new customers, even when you’re busy working or spending time with your family. To learn more about SelfLIST and to start connecting with the customers today, visit selflist.com. For a limited time, you’ll get 1,000 listing days for free!