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  • Writer's pictureJaspal Kahlon

Side hustle to make it meaningful

Having a diverse base of income will always be termed as a blessing. Conventional logic suggests that diversification not only reduces risk but also increases the chances of garnering wealth more than a single source of income.

In my case, if I had been lucky to inherit a tangible asset that ensured a recurring and stable income, I would not have felt the need to write this blog.

Some facts about a side hustle and its relevance:

A. A side hustle is not just about minimizing risk. It is a pre-requisite for effective personal financial planning.

B. A side hustle is about something that is an extension of my skill sets that could be monetized.

C. A side hustle is not just inheriting a tangible asset that assures a stable income.

D. A side hustle is an expression that may define our personality completely.

E. Side hustle may be an experiment to prove to oneself about alternatives to the perceived high dependence on a single source of income.

F. Success from a side hustle is a phenomenon of ‘Law of Large Numbers’ with a probability of success as less as 10%.

G. All of above is a Gyan if it does not cajole anyone to try implementing any of their ideas to be a side hustle.

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चंडीगढ़ आने के बाद कुछ चीजें मैं जैसे भूल ही गया हूँ। मुझे इसका एहसास चंडीगढ़ से बाहर जाने के बाद होता है। पिछले हफ़्ते मैं श्रीनगर गया। पहली बार मैंने एक बाइक किराए पर लेकर घूमने का फ़ैसला किया। मैं

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