How to develop an awesome product as your side hustle

A side hustle is any activity outside of your day job that helps make more money. Technically, this can means a part-time job or a business or building something that makes money. There are lots of ways to have a side hustle, but some choose to build products which can even bring you a good income source if built right.

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Some things to consider before planning to build a product as a side hustle:

- Does the idea fit your current schedule?

- Does the idea align with your passions and interests?

- Is it in an area you are planning to grow or learn more?

- Is the idea financially viable?

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After analysing your situations and if you are still serious about your product idea, here is how to develop one while still working at your day job?

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• Make something in an area or industry you have a good knowledge of
• Your target market/ customer should be reachable in your network
• Have small goals which you can accomplish and track
• If you can't build it yourself, have a small budget every month which can be invested to the product
• Always keep an eye on how to improve your product and innovate
• Outsource things in the beginning even if you can do it
• Don't wait to launch a perfect product, have an iterative mindset
• Keep networking, talking to people everyday and expand your network
• Assess your available bandwidth and have a planned time allocated for the product from the beginning
• Maintain a balance. Enjoy the process.

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The biggest advantage of building your own product is after the initial investment and a good amount of promoting, you will start getting customers and a software product can easily scale from 100 users to 1 million users if built well. It can even become your full-time business if clicked.

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