Balancing Your Side Hustle with Your Full-Time Job: A Short Practical Guide | Lámidé Elizabeth | Skillshare

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Balancing Your Side Hustle with Your Full-Time Job: A Short Practical Guide

teacher avatar Lámidé Elizabeth, Banker, Investor & Content Creator

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Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

    • 1.

      Welcome to the Class

      1:15

    • 2.

      Understanding You

      0:23

    • 3.

      Freetime Finder

      4:07

    • 4.

      Working Hour Strengths

      2:43

    • 5.

      Effective Time Blocking

      2:20

    • 6.

      Class Project

      1:10

    • 7.

      Organisation with Notion

      1:13

    • 8.

      Execution

      2:06

    • 9.

      The Sustenance Routine

      2:05

    • 10.

      Building a Team

      1:53

    • 11.

      Final Thoughts

      1:33

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About This Class

If you have been thinking about getting started with a side-hustle but you are wondering how on earth you’ll be able to balance it with your full-time job, or if you already have a side hustle but are struggling with making time for it then this is the class for you. 

In less than 25 minutes you’ll learn: 

  • How to plan your side hustle around your full-time job 
  • How to execute your side hustle around your full-time job
  • How to sustain your side hustle around your full-time job

Lámidé also shares her favourite tools and apps that help her keep organised.

This class is suitable for anyone who has a main hustle (job, university, being a parent) and is looking to successfully balance another hustle on the side (studying, creating, completing projects).

Meet Your Teacher

Teacher Profile Image

Lámidé Elizabeth

Banker, Investor & Content Creator

Teacher

Lámidé Elizabeth is a 24-year-old Finance, Business and Lifestyle Influencer with a passion for building wealth. EY Corporate Finance Woman of the Year 2019, and an analyst at a top Investment Bank, Lámidé has become a trusted voice within the finance industry, garnering an engaged following across her YouTube, Instagram and LinkedIn accounts.


A recent alumni of YouTube's Black Creator Class of 2022, Lámidé creates distinctive content centered around her respected money, property, productivity and personal development advice.

See full profile

Level: Beginner

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Transcripts

1. Welcome to the Class : If you have been thinking about getting started with a side hustle alongside your full-time job or if you already have a side hustle and I'll look into manage it better around your full-time job or your university degree, then this class is for you and let everyone My name is laminate. I'm a bank or an international property investor and a content creator, an old things, money, property and side hustle alongside a job that required me to work 60 plus hours a week. At times, I have been a prolific side hustler. He has allowed me to expand my streams of income significantly, but has also just added more fun and creativity and purpose to my life. Consequently, one of my most asked creditors has been, how do you manage to balance it all? And that's why I hope to be sharing with you in this class. I'm gonna be focusing on teaching you how you can plan your side, hustle around your full-time job. How you can execute your side hustle around your full-time job, but also how you consist stain a side hustle alongside a full-time job or your university degree, whatever you were doing that thicken up the bulk of your time at the end of the class, I hope there is at least one thing that is practical or maybe even theoretical, that you can apply it to your life. And I hope that it fills you with new confidence that you can successfully have not just one side hustles, but multiple side hustles around your full-time job. Are you ready? Let's go. 2. Understanding You : One of my most important tip is that you understand where you currently are with the job that you are doing and you must be able to tailor what I'm saying to your own particular situation. What are your current working hours? How do you usually feel once you get back from work? When do you usually have the most free time understanding that understanding where you are with the work that you currently do and also with the work that you want to do is going to be super important as we go on throughout this class. 3. Freetime Finder : In this lesson, I asked you wanted to show you guys a practical way of managing your time around your full-time job. You're gonna be doing some calculations, super light, super easy. We're gonna take the total hours in a week and then we're gonna work with that and kind of strict back to see how many hours that we are left with a very high level exercise. Not everything that ends up being free time has to be allocated towards your side hustle. But I think it's a really good exercise to just get you to think about. Actually, I do have a lot of time on my hands because I think one of the most common things is I don't have time. I don't have time, I don't have time. What you do find is that a lot of people just don't know where they expect are spending their time. They don't really understand how they're spending their time and how they can allocate their time more efficiently and get more done. Because at the end of the day, the content, the amount of hours that we have in the week, or the amount of that we have in a table and we can do is manage it a lot better in a week. They're obviously seven days, but 24 hours, do you seven times 24, this leads to a total of a 168 hours in a week. But this is our starting point then what I'm gonna do and what I would encourage all of you guys to do when you get to your class project section is to deduct 49 hours straightaway, this is the ideal amount of hours that you should be having full sweep every single day, at least seven hours for the duration of the week, seven times seven, that's 49 hours. I am not someone who would advocate not getting adequate amount of sleep that you need because at the end of the day, you do need to be productive. And being blob is a key to being productive. That leaves us with 119 non sleep hours. Let's just call it that. The next thing that we're going to go ahead and do. And so for everyone who is watching this, it's going to be different depending on how much you work, how many hours, how many minutes a day are you spending on average outward? What I also want you to think about when you do this exercise is not just a, what time you get into work and what time leave. There's also a time allocated to game ready for it. There's also time allocated to having breakfast is also a time allocated where you will take in transport. So the full process from the moment you start saying, Okay, cool, I'm getting ready for work until the moment you get back home went when work is done. That is that is what we going to use as our total amount of work out. We're gonna go ahead and times that by five. So for me it's 12 hour and adopting those 60 hours from the 119 non-C hours, please me with the remainder of 59 hours. As you are all well aware, life isn't that simple. There are always things that come up and then you have to do talking to family and friends. A pause so that you have to open stuff like that. So I'm gonna say at least another two hours every single day. Minimum goes towards this, but I'm just gonna say two alpha two sake of simplicity again, this is a very high-level exercise. But because of this, I'm gonna go ahead and deduct 14 hours from 59. So this leaves me with an ambitious 45 hours a week where I could be dedicated in that time towards my side hustle. Now of course, you're not going to spend the entire 48 hours a week on top of the me 60 hours a week that I'm already spending at what? Working on a side hustle because you overwork yourself and you burn up very, very quickly. But this is just a good exercise. I just kind of show you actually, you know what, there is some time in a day, even if you just end up using half of those hours in a week, 20 hours a week to dedicate to something that you're passionate about or to another stream of income. It could do that over a month, that's already 80 hours. If you do that over a whole year, it's a lot of hours and he all compounds, I'm gonna go ahead and do next is to take those 40 hours and then pick out and identify the key things that I do for myself. For me, the side hustle that takes up the most time is YouTube. That usually takes up around 50% of my free time. So I'm gonna take 45 hours and times that by 50%. Or if you're just doing this in a calculator and you want to do it for your own side, hustle by 0.5. And I'm gonna take the conservative of that number 22 hours out of my week. I want to allocate that to YouTube. And I'm gonna go ahead and do that for the rest of my side hustles, depending on how much of my free time I want to allocate to them. And this is going to be important when we go ahead and get into the actual planning and organization of our free time and also in the class project. So definitely bear this class in mind. 4. Working Hour Strengths : In the next lesson, we're actually going to be taking the previous lesson. We're gonna be putting that into Google Calendar to wherever planning and organizational apps that we use. And I'll take you guys all through that. But before that, I really wanted to talk on working our strengths and particularly the origin of the working week, because it was actually designed by someone and see how we can leverage that to help us be better at successfully managing outside hostile Henry Ford, who was the creator of Ford, the car brand. He was asking the person who designed the nine to five what you meet before that people were just working. However as they please. And a lot of the time people are actually working a lot longer than nine to five. But what Henry Ford realized is that productivity actually decrease on a whole for certain people at particular times. He realized it before nine AM, a lot of people were less productive. And then after 5PM, most people were also less productive be kept in 95 structure because for the average of people, this is when they were most awake, this is when they were most alert and this is when they were most productive. It comes down to each individual person that normal will probably slightly differ. For me, I'm 101% a morning person. I have no issues with making a final am 6AM wherever your most productive hours looked like. You can try and use that and take some of your most productive hours to focus on your own, stop your own side hustle as I like to do it in the morning, I like to wake up around 05:00 AM. I like to dedicate the hours before I start work to myself. I break that down between just taken some time for self-care, but then also taken time to work on my side hostels and everyone is different. So the key here is to understand the way your productive cycles, what you might be more of a night person. You might be more focused on an actually going to work and trying to finish up your drug at work as productively and as efficiently as possible so that you can get back and you can take the evening maybe six to nine or seven to ten, and use that to work on your own side, hustle, even if you're a daytime person, you might you might consider thinking about your lunchtime or whether you can just take 40 minutes a day or the full hour a day and have your launch, but also work on your side. The extra 14 minutes here to our Was there one hour? There doesn't seem like much, but trust me, it really adds up one thing that I would like you guys to just test out it, just pick up your friend right now and go to your setting and look at your screen time, and look at how many hours you spend on social media. Like it doesn't feel like it during the day when you just pick it up here for 20 minutes and pick up here for 30 minutes. But then it ends up averaging like a good number of hours for most people because the number of compounds, and so you can just take some of that time back and work and use it to work on your own side, hustle. You can save yourself a lot of time. 5. Effective Time Blocking : In this class we're going to be getting practical and we're gonna be taken the key learnings from the previous two lessons and putting them into a Google Calendar. Or it can be Eigen under whatever company you want to use. And we're gonna take our working, our strengths. We're going to understand the hours that we have in a week and how we allocate them. And then they're gonna slot where you are on our side, hustles into that. And don't worry too much about getting this done at the same time as this will be the task for the class project. Here we have my eye calendar. I like using digital calendars like this because you can see the ball a 168 hours in a week and then it's perfectly broken down into one hour chunks. And I'll just make a note that I've already made calendars for the different buckets of my day on the side, and I've selected all of them in different colors. So that's what's gonna make it look super cute. But obviously you didn't have to do that. First. I'm going to time block for work because that takes up the biggest chunk of my day. And then I'm just gonna set it to repeat. It, does it for the whole week and then the frequency as well for every week. What I don't do a tablet my sleep because I'm actually pretty disciplined with my sleep. But if you aren't disciplined with your sleep this time, look in your sleep might actually be a really good way for you to set up an alert and a reminder for you to get to bed on time. And then I'm gonna go ahead and do my morning routine as we go and do the cost. There will be a lesson on the assessments routine, which is so crucial. And so for me, my morning routine is part of my sustenance routine, so it has to be in there. As previously mentioned, I am a morning person that is my working hours strength. So I'm going to make sure that I get some hours in before what I'm not gonna be too specific from day to day on what exactly I'm gonna be working on off my side hustles because honestly it varies and I don't like to get too specific and get caught up on that. I'm just going to give a broad bracket of content creation. As a morning person, I am absolutely not an evening person. If I'm going to work off the work, I have to be super motivated. So I like to do is to sleep my low-value tasks for us to work. Then we move on to the weekend, which is when I have the most time. And as I showed you guys before, YouTube takes up the majority of that free time. So I loved doing YouTube on the weekends, but I don't like to ramp pack my weekends because it's also a time for recovery and resetting. There you have it. This is how you can time block a high level outline of your week, making sure that you are pinpoint specific times to work on your side, hustle. 6. Class Project : Welcome to the class project section. I would love for you guys to do is to carry out the task that I have just completed in the previous lessons of figuring out how many hours you can dedicate towards your side hustles. Again, you might have a lot more factors included in the calculation than I did, or you might have a lot less, but I would love to see how you guys figure out how many hours a week you can dedicate towards your side, hustles, and then taking that and transforming that into some sort of Google Calendar. Or I can adopt whatever content you have and kind of showing us how you map out your side hustle around your full-time job or around or university. And I think this will be super helpful if you could share this also in the cost project gallery section. Because then others can get inspired by how you as a mother with kids or as a uni student, or as someone with a full-time job and studying for an extra qualification and also with a side hustle, seeing how everyone with their different responsibilities and different side hustles, managers their time. I will try and include mine in the class project gallery as well so that you guys can have a deep look at that. And it would just be great to see your products when they are ready. 7. Organisation with Notion: I'm is great, but you also need to be super organized to have a side hustle outside of your full-time job. Even now when I'm not on top of my planning and organizing, I can easily get overwhelmed with the amount of things that I need to do. In this lesson, I'm gonna be showing you how I use this app which is called notion and how I use that to plan out my saddle sores and to help me alongside the time lucky, you guys do not have to use this app, but you can just take the key principles and apply it to wherever planning and organizing app or notebook that you like. As we saw in the previous lesson, at 50% of my time goes towards YouTube. So this is how I keep track of my YouTube scheduled here. I can keep track of publishing date. I can keep track of whether I've actually recorded the video or not. I can keep track of what of content here. This isn't a video about YouTube content, but this is just an example of how I keep track of that particular cycles. In this, I also have a template for my new YouTube videos. Or when I want to start in a YouTube video, I want to start the planning process for it. I can just click on the template and it automatically gives me a structure. Another tip that I would have is to have a weekly focus specifically for your side, hustle speak each week and take those weekly focuses no more than three, I would say, and break them down into a to-do list so that you can get really practical and know exactly what you need to achieve. 8. Execution : After learning about the key ways to plan and organize your time in the previous lesson, the key thing, the crucial, crucial thing that everyone needs to do is to execute, needs to start to take action from the day that you are watching this today, even if it's just one little thing that you do. And the main reason for that is a lot harder to try and figure something out when you haven't gotten started yet. Action creates momentum. So some of my top tips for execution, one is, as I previously mentioned in another lesson, is to create a to-do list to do this up my cave. And they gave me direction. As you are watching this right now, start thinking, what are your next steps? Rial to-do list and an a deadline to each bulleted list. Whenever your first task is, when do you need to get that done? By number two, if your side hustle is something that requires you to create some form of content or that requires you to create tribe batching, that creation process. So for me, I like to batch create YouTube videos and lactic batch create reels. Whatever that is for you, badging might be something that can add a lot less obstruction and adult lot less hurdle towards you completing those tasks. And, and in one sitting in one day, you can create an app content or whatever it is that you want to create for the whole week or for the whole month didn't. Number three is to set some boundaries and priorities. You're worried that your fall overworked or you feel burned out again, we're worried that you will lose some friends. Although maintaining a side hustle or alongside your full-time job, it does require some sacrifices. There shouldn't be some boundaries. So set your boundaries annual priorities. This might be that after every six weeks of working on your side hustle, you might want to take a one-minute break me. I have the boundary that if I start to see my physical health or my mental health deteriorating, then the first thing I'm going to do is to part my side. Hustle took aside for a little bit so that I can gather myself because my own personal health and my world that's going to affect how I perform in my side hustles and in my full-time job, it's important to also enjoy the process as well. And not just spend all your time trying to attain some sort of future happiness, but making the process absolutely miserable. So I would advise to spend some time thinking about what your priorities and your boundaries are when starting your 9. The Sustenance Routine : So far we've looked at planning our side hustle, executing our side hustle. But another important aspect of maintaining your cipher, so with your full-time job is your sustenance routine. I kind of touched on it in the previous lessons, but what I mean by this is the part of your routine that doesn't include work, but it's going to allow you to just keep going and be able to do this consistently. Major concern that I even have on myself or for others isn't burning out. Having a side hustle can sometimes feel like you have two full-time jobs. So I would highly recommend is to have a sustenance routine in your daily routine. Don't just go all out for six weeks and just go flat out, overwork yourself, then push yourself into burnout and then take a break. I have never experienced burnout before. And my number one reason why I think that this is the case, That's because in my daily routine, there are things that I do that allow me to keep going there, things that I do to maintain my health, my mental health that allow me to keep pushing it. So when you get onto the filling your class project for your planning out your time and you're looking at things that you can do to get your side hustle done. Also adding things that are going to be essential for your sustenance, sleep, Jim. Healthy eating. It could be meditating, it could be praying, it could be. I don't know, you know what that is for you that you need to do to just make sure that you remain fresh and makes sure that you remain very vigorous, that you remain motivated, but make sure that you are taking at least one to three hours daily and that you are doing those things because sometimes it just kind of follow. Okay, but what is this doing? How is this contributing to helping me grow my side hustle? But you are the ending that builds your side hustle. So anything that you do to build yourself and to help yourself ultimately helps your side hustle. It's so much better to take time back from unproductive tasks like scrolling on tiktok for hours or binge watching Netflix. Then to take time out from crucial things like your sleep, crucial things like your exercise, crucial things like family time, because these things will ask the support the growth of you, your full-time job and your side hustle. 10. Building a Team : If I had left this lesson till last, because I know not everyone will be able to relate to this lesson at the current moment and maybe perhaps you can come back to it when it does it relate to you. But there does come a certain point in time where you are productive, you are efficient, but you still need more time. And the only way to do that is to kind of bring someone on board to help you free up that time. Of course, to do this, you probably do need some sort of money or capital to help you do that. But I know people who've literally brought onboard their younger sibling throw of activities that you should be outsourcing our activities that are on income generating admin tasks. For me personally, I have a brand manager, I have someone who is literally focused on bringing me brand sponsorships. And that is something that is very time-consuming. I was doing it by myself at some point, but I just realized I can't do this as effectively by myself because then I take up all of my time doing that. And that actually doesn't allow me to produce the content, which is what my specialty should be. I also have an editor as a creator. One of the longest parts of the process is the editing process. So having an editor helps me to free up a lot of time. I know, especially mothers and parents who actually outsource cleaning because they spent an enormous amount of time cleaning every week. They pay for a cleaner, and that actually allows them to spend more time on there a muscle. Initially you might not be able to piece the two together. But when you do this deep bed flight, where you're actually spending your time, you realize that there are some tasks that you don't need to do for them to be good. And actually sometimes other people can do those tasks better than you. So it might help you to actually pay someone to do those tasks. So you can focus on the income generating tough key learning here is don't be afraid to grow a team windy me too, and their team doesn't have to look like a business team. It could be a team of cleaners and cook whatever you want, whatever it is going to help you free up some times that you can dedicate that to your side, hustle. 11. Final Thoughts : Congratulations on finishing this class and thank you for sitting with me through all the lessons I asked you really, really enjoy teaching this class. It also goods are finally have a coherent and wealth full answer to my most arts to question. There's one thing that I wish for everyone who is watching this video is that there is at least one thing that you can really implement into your life that will make it a lot easier for you to manage your side hustle around your full-time job if you already have one or if you don't already have a side hustle, I hope that this gives you some confidence that you can add the five little bit of time, even if it's just a few hours per week to dedicate towards building something, to dedicate towards. I'm working on something of passion to dedicate towards putting another stream of income, to dedicate to studying for something alongside your job because that is also a cycle sort as well. If there is, then please go ahead and leave me a positive review. Most importantly, please remember to enjoy this process. I know I've spoken about it before, but I just want to echo it again because it's likely that most of us are starting side hustles because we believe that it will contribute to some sort of a longer-term goal that will make us happier whether it's money, whether it's a better job, whether it's something that we're doing, a bit more filling and more fun. But it's also important to enjoy that process leading up to it as well. Go out there and take action. I can't wait to see your class project. It will be so helpful for everyone else who is watching this as well to see all the different creative ways that you got to come up with for finding time for your side hustle. Thank you so much for watching. Bye.