What you should know about co-working
Co-working has been a growing trend around the world, a trend that is spreading across Africa as well. If you’re in charge of a business, particularly a small startup, you know that running your own office space can be seriously distracting. “The internet is down! What should we do?” “This place is dusty, was the cleaning done today?” “Are we making sure all our visitors are taken care of?” With all this headache, you may end up forgetting what your business is actually all about! Not everyone has time to deal with all these challenges! If you can relate to this, then you should consider moving into a co-working space! Abuja has Ventures Platform, Lagos has Stranger, Johannesburg has the Hub and Nairobi has Nairobi Garage which has been at the forefront of the co-working scene in Nairobi for more than a few years now. If it isn’t yet a no-brainer for you, here is a list of reasons why co-working is a great option for your business. Networking You already know that networking is an essential part of growing your contact base. This is something every professional has to go through. Expanding your network is something that you always have to go out of your way to do…unless you’re in a co-working space! When you co-work, you don’t have to go out of your way to meet people, they’ll simply come to you! Take a look at the sort of people you could be sitting next to. YOLO Renting out your own office space can seriously break the bank. Then, you may find yourself having to choose between fast broadband internet and better furniture. Which one will you let go? Co-working is great as access to Wi-Fi, office equipment, a kitchen, a lounge area, and meeting rooms are all included in a package. You’ll have many great amenities at your disposal that you otherwise wouldn’t be able to afford on your own startup budget. All this without any serious investment on your part. Meet new people Co-working spaces usually consist of people from a wide variety of different companies. This means lots of new ideas can be found everywhere! Being surrounded by small-scale startups means beings surrounded by innovators like you, so you’ll definitely be inspired by different people on many occasions! Some co-working spaces also host seminars, panels and workshops. Nairobi Garage for example hosts cool bi-monthly events. We are one! Last but not least, the main thing a co-working space has to offer is the feeling of community! Thanks to the range of different companies in these spaces, companies aren’t directly competing against each other. This means you won’t get entrenched in any internal politics that plague usual working spaces. You’re part of a family, a big one where people help each other out. THAT is the essence of co-working!
6 key points to consider when writing an elevator pitch
In this day and era of being an entrepreneur, you may find yourself writing an elevator pitch over and over again. They say collaborations are the best way to engage in business. There will be different organizations, brands and personalities you would like to collaborate or work together with on a particular project. It’s key to identify a brand/organisation that is in line with what you believe in and shares similar values, and goals with you. Today, we will be sharing 5 key factors to take into consideration while crafting your elevator pitch. This does not only work for business owners, entrepreneurs. Even those in employment looking to partner with other companies on different projects may find this useful. Keep it short and simple An elevator pitch shouldn’t be too long. You want to pass your message almost immediately in the first few sentences. So keep things short, clear and precise. State who you are, what you want from them, what you are offering, why you chose them and how you can work together moving forward. Get down to the nitty-gritty This is your introduction, where you sell your brand and yourself or what you do. At this point try to be very specific with the information that is required to get to know you better. Sell yourself and/or your product/ brand. Emphasize the value you offer After introducing yourself, you now need to explain or reveal more on how you do what you, and why they should work with you. This is where you clearly define your qualities, strength and your passion for your career. Also show the value it comes with. Include links and Photos This is quite important especially if you are using your products as a selling point. Have the images attached where necessary. You can even links to your website where more of what you do can be seen and assessed. Mention any huge achievements Here is where you state all that you have achieved in relation to what you are proposing to offer. The value will then be easily aligned with your achievements, depending on the person receiving your pitch. Follow up After sending in your elevator pitch, give 3-5 days before you send a quick email to touch base. They may missed your mail or are holding back on their response. This can happen easily as they receive many emails, and depending on schedules, emails can be overlooked. A kind reminder to check your mail is necessary. You can even forward your initial email again so they don’t have to search too hard and can see you sent it earlier on in the week.
Key steps to creating your business with Sharon Beason, Founder of Womeneur
Creating a business model can come with its challenges, it is not always easy and requires significant strategy. Womeneur is a platform for women to develop their businesses professionally. During She Hive NYC 2016, Womeneur Founder, Sharon Beason went over the initial steps needed to develop a business. In this workshop, attendees learned that paying attention to detail can make all the difference in the trajectory of a business. Here are some of Sharon’s strategies on developing a business professionally. It has to make sense Think about how viable your business is. No matter what business you are in, you are always in the business of solving problems. Ask yourself, am I solving a problem? Do your research and know who your competition is. You must see where your competition is slacking and solve the problems that they are not. For example, if they are not responding to customer phone calls make sure that you are. If they are low on merchandise, make sure that you are not. Aim high Within the industry that you are looking to get into, see who on a grand scale is doing what you aspire to do. For example, if you are looking to make handbags, look at who is currently the most successful at doing it. Study the strategies that the company uses. Have a well-defined niche and target that audience. Create a customer profile for that niche. Be as meticulous as possible when defining your target audience, this allows you to make better customer-centered decisions. Ask yourself, what do they look like? How do they speak? What are their interests? Listen to your audience You have to actively listen to your target audience’s needs and go where they are. For example, if most of your target audience uses Instagram to communicate go there and read about the discussions that they are having on that platform. Sharon explained that people’s commentaries give you a snapshot into their mindset. If you have a well-defined understanding of their problems, you can more readily provide solutions. Workshop participants went home with the key takeaway that if they set up their business models effectively, they can become agents for change within their respective industries. In order to become an agent for change you must listen to the people that you want to serve and always make it your priority to fulfill their needs.
Asmau Ahmad, Plum Perfect CEO: Lessons on building a business in tech
The She Hive made its way to NYC and it held no punches! Guest speaker Asmau Ahmad, CEO and founder of Plum Perfect, showed us that building a business in tech requires strategy, confidence and persistence. Trained as a chemical engineer, Asmau understands the importance of being both precise and thorough. Asmau’s Plum Perfect is a mobile technology that allows the user to submit a photo selfie, it then analyzes the content of that photo to recommend makeup products that work for your complexion. During She Hive NYC 2016, Asmau shared with us how she navigated her path within the tech industry. Here are some lessons we can take away from Asmau’s journey. Be flexible Your ability to stay alive as a startup is directly correlated to your ability to pivot quickly. This means that you need to learn what is moving very quickly and move directions. Do not get too emotionally invested in something that clearly isn’t working. If you have been working on something that needs to be revamped, just make the necessary changes. You can either grow fast or die slowly, the choice is yours. If your startup does not have the funds to market itself, partner with bigger brands and let them do the marketing. Data is king Use data tracking tools that allow you to see how your users interact with your technology, Google Analytics and Mixpanel are some resources Asmau suggested. Listen to your users, read all of their reviews and make adjustments accordingly. Your most enthusiastic customers and your most angry customers will be the ones who give the most feedback. Feed off the energy of your most enthusiastic customers and give them what they want. Conversely, solve the problem of the angry customers and give them what they want too. You want to get to a happy zone with as many customers as possible. Reach out to investors Asmau said that she focused on mostly women-led investors to help push Plum Perfect forward. It’s important that you find investors that fall in line with your business interests. Choose one revenue model that you want to focus on, state what you want clearly and simply. Investors need to know that you are well informed about the product you’re pitching. Know your numbers when presenting, what has been your ROI thus far? How much do you need to carry out your next endeavor? Get investors who not only give money but also invest time into your project. Surround yourself with people who are smarter than you. You do not always want to be the one with the best ideas in the room. There are some instances where an investor will not take you seriously unless you have an MBA degree, it is validating for them. Asmau’s takeaway is that business school is not mandatory for running a successful business. If you have a viable business model and can think logically you can run a business.
The 4 minute guide to SME marketing: Much ado about big budget
“Jennifer our business only has #xxxx and I can show you our account statement if you don’t believe me. I really would love to do marketing o, but If I spend that kind of money now, I would have nothing left to run my business.” This was a real statement from a friend of mine during a conversation we had about his recently launched platform. At some point during the conversation, I had to subtly remind him that if he does not market his platform, he wouldn’t have a business to run in another few months. I cannot say this enough, when it comes to getting your business out there, marketing is a big deal. As you think of your product you also have to think about how you will go to market with that product. Having worked with/and for startups and small businesses, I am all too familiar with the budget constraints. There is usually too little cash competing with too many business priorities. This, coupled with the fact that for a long time small business owners have been told that marketing (and subsequently advertising) is for the big players with big budgets, have made them shy away from it until it becomes an absolute necessity. The real questions are: Can you create buzz around your product or service without a killer budget? Yes! Can you get people to care about your brand and actually want to engage with your brand without having to dole out a shit load of money? A big yes! These things are very possible as long as you are committed to going through the marketing process in a creative and deliberate way. As we go further in this series, we will explore multiple strategies and tactics that you as a small business owner can deploy in growing your customer or client base. However, today, I would like to speak to 2 things that I consider very essential at the early/launch stage of your business that will cost you little or nothing to implement: Be approachable One of my favorite IG luxury fashion retailers once did a PSA that encouraged people to come into her store and window shop even though they might not be able to buy any of the items at that particular time. I thought that was really warm and inviting and it inspired my first interaction with her business. Truth is, your brand essence notwithstanding, if your business projects an image of being aloof or arrogant, people will probably have a difficult time connecting and interacting with it. Give something back Earlier this year I bought a pair of shoes from one of these online stores and inside the box was a voucher with a discount code for 20% off my next purchase. This was to thank me for choosing them and to encourage me to choose them again. I was quite pleased with both my purchase and the incentive and let’s just say before the end of the day I had redeemed my voucher. Make people feel appreciated for spending money on your business and you give them a powerful reason to want to spend more. More often than not superior marketing can beat a superior product. Coca Cola and Pepsi are fantastic in illustrating this because despite the fact that Pepsi typically wins in blind taste tests, Coca Cola still controls a huge chunk of the carbonated soft drinks market. However, superior marketing does not always imply superior marketing spend/budget. With a healthy dose of creativity, strategic marketing and sometimes just plain hustle you, with your little or no marketing budget, can achieve results that would rival that of an FMCG with their seeming infinite marketing spend.
The 4 minute guide to SME marketing
The average human’s attention span is… oh look, a notification on my cell phone! According to scientists, the age of smartphones has left humans with such a short attention span even a goldfish can hold a thought for longer. As such it is no longer surprising when people complain that a 1000 or 2000 words post/article is toooooooooo long. So I asked a couple of friends and acquaintances; “What’s the most amount of time you would be willing to spend to carefully read an article that piques your interest?” The answers varied between 2-7 minutes and at the end of the day I arrived at an average of well, 5 minutes! And this was one of the considerations that inspired “The 4 Minute Guide to SME Marketing” series. What I hope to do with this series is help start-ups and small/medium business owners navigate the rather murky waters of marketing. Because I understand the time constraints we all face as busy professionals and business owners, I plan to keep every article interesting, informative, and most importantly, concise. Pinky swear! I chose to do a series specifically on marketing because, to be honest, I absolutely love the profession and practice. I always tell people that marketing found me (a story for another day). After spending years in the advertising industry as a brand and marketing strategist and working on a number of brands across different industries, I’ve gained insights that I believe would be useful to small business owners. It can be difficult to access ready and affordable marketing consulting services so That said, I guess we can all agree that starting a business is exhilarating. Unfortunately, the “build it and they will come” theory doesn’t hold much weight anymore because while you might have a fantastic, the greatest thing since sliced-bread product, if people do not know about it, who you epp? The process of letting people know about your product or service is a deliberate one hence an entire academic and professional field called marketing. Again, unfortunately, a lot of startups and SMEs have a flawed mindset with respect to marketing (what it entails and what it can do for their businesses) and this is why most of them do not scale or eventually live up to their full potentials. I mean in today’s business field, battles are won or lost in the market arena and a good product/service alone would not sell itself. As such, marketing imperatives are no longer an option, but a MUST! You can choose to think about it this way. Your product or service started as an idea and we all know that ideas need momentum. LaunchSquad’s Jason Throckmorton said “you can have the best idea in the world but if you don’t couple that with a strategy to spread your story, your idea isn’t going to go very far.” I couldn’t agree more. Still in doubt? You can also choose to think about it this other way. As a start-up, as a new business, nobody knows you yet so you need to get people to care enough to try what you offer. And this is when marketing becomes a smart investment because it can help you legitimize your business, create excitement, engage potential clients/customers, encourage trials and repeat purchases and even inspire loyalty and advocacy. You see where I am going with this right? 😀 I’d conclude today’s post by saying SME marketing shouldn’t be a flimsy afterthought. Just as you have been very deliberate about creating a top notch product or service, you need to be equally deliberate in creating demand for that product or service. Until next week SLAyers! Cheers!
How to build an online media company on a start-up budget
Before launching Ayiba Magazine, I searched online for existing African-authored content sites targeted at young Africans and was scant to find any doing what I had in mind. I launched Ayiba with the goal of providing a platform that showcased African change makers around the world who were disrupting tired narratives through media, technology, and innovation. I didn’t just want to start a blog, instead I wanted to build a network of writers that covered content from across Africa and the Diaspora in a way that connected our generation. If we look at mass media outlets that cover Africa, we have the BBC, CNN, and Al Jazeera, amongst others, but none of them are African owned. I have always asked myself why there are no prominent African owned media outlets that cover content from across Africa. A long-standing argument in development has been that all the books written on Africa are authored by old white men. Well, we’ve entered a new Digital Age and the same thing remains true about a large percentage of the content found online. Of course that is increasingly changing, but it’s due to sites like Ayiba, channels like Arise TV, and others in the new media ecosystem. I believe Ayiba is important for the media landscape because our readers are our writers. We create content to inspire young Africans that is written by young Africans. What sets us apart is this authenticity and the fact that we constantly strive to cover content from all over Africa – not just the usual suspects of Nigeria, Kenya, Ghana, and South Africa. Over the past three years, there are five key strategies that have allowed our platform steadily scale. All of them relate to content creation because as the say “content is Queen.” Or do they say King? Anyway, from day one, we have focused on generating diverse and quality content because we know that is how we will one day grow to millions of readers. A girl’s gotta dream! Our strategies are: Building a well-managed virtual office: Since our team lives across three continents and four time zones (and is often moving between locations), we have had to create virtual processes for everything we do. We’ve refined and streamlined our digital work environment using a combination of platforms, including Slack, Google, Facebook, and Dropbox. Building a diverse team: When recruiting, we don’t limit our search. All that matters is that the talent is tapped into global media and has a voice. It’s because of the diversity in our team that we manage to cover stories from all over the world and are able to land features with so many diverse subjects. Training new talent: We can’t always expect to find the best ready-made talent. Sometimes we have to nurture the talent we seek. Our editorial team is committed to working with our contributors to produce quality content that meets the standards Ayiba has set for itself and that our readers have come to expect. Creating content partnerships: A major aspect of the Digital Age is the sharing and redistribution of information. Ayiba contributes to this by republishing and cross-publishing content, as well as cultivating distribution channels for our content. We would like to see more collaboration in the African new media ecosystem. Designing an aesthetically pleasing site: Your content can be ace, but if your site looks amateur, readers will be less likely to stick around. WordPress themes are inexpensive and can easily be customized to meet your needs. I highly recommend them. Of the points listed, talent acquisition has certainly been the most challenging hurdle. However, since we recruit talent from both the Diaspora and the continent, this increases our talent pool. In the Diaspora, we reach out to our founding team alumni networks at Mount Holyoke College and Yale University. In Africa, we use Opportunity Desk to post our internship and fellowship programs. The internship program is for all roles outside editorial and runs for three months at a time, while our editorial fellowship is for up to six months. Ayiba emphasizes training homegrown journalistic talent. Our environment is fast-paced, yet focuses on quality of content rather than quantity. Our editors work directly with our interns and fellows to improve their craft, providing a partnership from which both parties benefit. Some fellows choose to stay on after their fellowship, which has been great, but most leave to pursue other great opportunities. However, all benefit from an experience that has improved their writing ability. One tip I can give on recruiting in a start-up is to make sure that whoever you bring into your team buys your weakness and sells you their strength. This means the team needs to be balanced by whoever you decide to bring on board. Each individual should neutralize the weaknesses of the team as a whole with their strengths. That’s the best way of keeping a lean team that delivers. We recently published our first print issue, which was well-received. In fact, it was invited to exhibit at the first African Art Book Fair at the Dak’Art Biennale in Senegal. It was a challenging and time consuming process, but the whole team learned a lot. The best part is that we were able to create and distribute our print issue to five continents with less than $100 spent on the project. We did this by: Recruiting talented design students who were looking to expand their portfolios to include magazine spreads. Using a pay-per-issue print service like Blurb, so we didn’t have to order in volume or handle delivery. Using creative commons like Flickr for stunning high quality non-copyrighted images. If you are unable to recruit designers, I would advise purchasing template bundles from sites like Creative Market or Themeforest and modifying them to suit your aesthetic. Adobe InDesign is quite easy to learn and YouTube is a great resource. In under two months, my team with little experience in print publishing, pulled together a beautifully designed 60-page print issue
Seapei Mafoyane: Fill yourself up with hope, belief and pure audacity
Small business is seen by many in South Africa as the saving grace in the fight against unemployment and with the track record of small business success, measured interventions to bolster this sector receive a lot of attention. One such intervention is Shanduka Black Umbrellas (SBU), a business incubation programme in South Africa that is focused on supporting small black business on its path to achieve sustainability. SBU is arguably the top business incubator in South Africa, recognised for the solid interventions it is making to corporatize black businesses. 2015 was a watershed year for the incubator, as it celebrated six years in existence and won the Randall M. Whaley Incubator of the Year Award at the National Business Incubation Association in the United States. To top it all off, they appointed Ms. Seapei Mafoyane as the new Chief Executive Officer. Seapei is a bold woman who believes that South Africa needs sustained long-term impact interventions to make notable strides in small business development. She defines this as her mission in her role as CEO. SLA contributor Asanda spoke to her to understand how she sees the small business landscape in South Africa going forward and most importantly, the role SBU will play in the years ahead. Asanda: You have spent a significant amount of your professional career in strategy and financial services, how did you make your way to small business development in the not-for-profit space? I worked in strategy and the financial services in various capacities for my entire career and this was in line with my undergraduate degree in the sciences. I came into direct contact with the small business development area during my MBA studies at Wits Business School a few years ago. My research focused on an area that was not explored at the time, the challenges facing black female entrepreneurs in South Africa. It was during this time that I realised I had to be selfish and follow my heart. So you could say my dissertation led me to Shanduka Black Umbrellas. Everyone is talking about small business development and how it can be the saving grace for the current economic climate is South Africa, why do you think it is receiving so much attention? I think we have the buzz that we have now in South Africa because of the realisation of the dire needs in this country in terms of entrepreneurial activity and the economy as a whole. Sustained security of the black person is no longer in the employ of the white person. Black people can now dare to dream. The challenge is to ensure that it is not just a buzz but that we have a coordinated approach from the various stakeholders that will ensure that we start seeing the upside to it. What role has Shanduka Black Umbrellas played in the past to grow black business? Shanduka Group has played a key role in setting the stage for the face of black business in the country. They led the pack in the establishment of a black-owned investment holding company in S.A. and it was a natural progression to have a foundation that focuses on both small business development and education. What sets SBU apart is the clear focus that says, ‘we know we cannot be everything to everyone.’ So we chose to respond to the need of 100% black-owned businesses, which also happens to be the greatest area of need in terms of entrepreneurial activity in the country. The businesses that are incubated at SBU are what we call the ‘cream of the crop’ in terms of entrepreneurial potential. We incubate businesses that will be sustainable so that they can improve the economic conditions in the country. Our focus is not on survivalist businesses, but game changers and high impact entrepreneurs that can grow into large corporations and employers. Over the last five years, SBU’s statistics have shown that out of the 100 business owners that walk through our doors, only 5% of them get to be incubated. This is because we have a clear focus on long-term sustainability and choose to support businesses, which can meet our strategic objectives which are aligned to the country’s National Development Plan (NDP). What sets your business incubator apart from other incubators in the country? We conducted extensive research on the trends in small business development and we found that 84% of small businesses fail within the first 24 months of operation and out of that, 90% are black businesses. Reducing the failure rate especially of black business is extremely important and that is why we have our mandate to respond to this group in particular. When a business is accepted into our extensive 36-month program, they need to create a minimum of four jobs during that time. Other structures in South Africa on the other hand create on average 1.2 jobs and when you look at other developing nations, the figure sits at 3.3 jobs over the same period. Our other focus is to ensure that at least 50% of the businesses that graduate from our program are sustainable. The national average of success currently stands at about 20%. SBU have maintained a statistic of 70% graduation sustainability over the last few years. What has the business incubation industry and government not done well thus far? What has not been done well is the maximising of all the available resources in the system to help execute the mandate. The value chain for small business is still very disjointed and if we are to make the progress needed, this needs to change. What are your priorities as the Chief Executive of SBU? No doubt sustained long term impact. However there are a few things that need to happen for that to be realised. We want to not only see businesses doing well but as they graduate, they need to stay a part of the alumni of successful businesses which others starting up can look to for advice, mentorship and potentially market
I come from strength: What my mother and Africa taught me about entrepreneurship
“I come from strength.” Those are words that I often utter to myself when it is late at night, I am tired, and I am still working. The reason why I remind myself of my foundation is because during those same hours I know that over 100 miles away there is an African woman who is just starting her work shift. She is my mother, a Nigerian woman. The work ethic, resilience and fortitude of African women is nothing short of amazing. When I think about the fact that my mother completed her nursing schooling in Nigeria, moved to the United States then returned to school to become a nurse (again), I am in awe. And she is just one of many African women with stories of sacrifice and determination that ultimately led to them achieving their personal and professional goals. It’s almost as if the continent breeds women who innately do what it takes to survive, adapt, and push past obstacles time and time again. Long hours and late nights are just one of the many things that come with entrepreneurship. I accept it because it is the path that I chose. And as the daughter of an African woman I know that I am built for it. So… how did I get here? How did I become this “Legally AMBITIOUS” entrepreneur? Let me share… Growing up, I was always considered the creative and outspoken one amongst my siblings therefore all roads seemed to point to me pursuing a law degree. However, I never made it to law school or pursued my interest in entertainment because when I got to college, I realized that I was strong in science and math so I decided to pursue a degree in Computer & Information Sciences. The course work was rigorous but in the end pursuing a STEM degree was the right decision. After graduation, I immediately began working in the corporate world. I worked as an application developer and systems analyst for years but I still desired a creative outlet. Eventually, I began networking and I realized that many of the women that I encountered were similar to me in that they had full-time jobs but other interests. I realized that there was a need to connect women to resources and each other so when an opportunity presented itself, I launched Signature RED. Signature RED began as a company focused on women-targeted marketing. I built an extensive portfolio of events for clients and created the “Legally AMBITIOUS” brand: a series of fun yet educational networking events for women. The purpose of the events was to equip women with different skills to help them make transitions in their careers and personal lives. Each event taught women a skill and provided an opportunity for networking, some of the events included Golf 101, Cars 101, Networking 101, Building Mobile Apps 101, and more. In 2013, I began to make a transition of my own when I attended a tech event for women and it awakened my inner geek. During the event, emphasis was put on the need for more women to pursue STEM degrees and work in the technology industry. The event was pivotal because it allowed me to realize that I could merge my computer science background, marketing skills, and my love for working with women into services for Signature RED. It hasn’t been an easy road to navigate but today I provide technology consulting to companies and reinvention marketing strategies to women. Additionally,“Legally AMBITIOUS” events have more of a focus on women interested in tech. Some of my forthcoming projects include creating resources and tools for women like TechWomenNetwork.com and TechiesWhoBrunch.com. My workday usually consists of managing tech projects during the day and working on everything else at night. Entrepreneurship with all of its ups and downs is not for the weak or lazy because it requires a good work ethic and strength in many ways. My mother is not a businesswoman therefore she didn’t teach me about business but what she did teach me is to keep going. Pivot, start over… do whatever I need to do, just keep going. I always reflect on those lessons and values. As the daughter of an African woman who walked miles to go to school at times carrying large items (on her head), I come from strength. Therefore when it comes to fatigue or handling all that comes with entrepreneurship, I will always do what it takes to move forward.
8 things they don’t tell you about having a side hustle
Folayemi Agusto is a Business Development Manager for an online media company. When she’s not identifying business opportunities, she’s busy running The Artisan’s Gift Company, a retailer of handcrafted favours. You can also find her on Eat.Drink.Lagos, where she is one half of the no holds barred restaurant review blog. Folayemi shares her 8 untold truths of having a side hustle. Depending on the nature of your side hustle, the experience is different for everyone. When I first started my business, I wasn’t working and ran it full time. THEN, I went back to work *cue dramatic music*. I thought to myself, “This shouldn’t be too hard, everyone in Africa has a side hustle…even Lupita.” Simply put, I was wrong! Here are 8 things people don’t tell you about having a side hustle! 1. Having only one to-do list is for learners. You should have three separate to-do lists. One for your day job, one for your side hustle and one for your personal life. 2. Working in the evenings can be a trap You’ll plan to do work in the evenings, but most times you won’t. It goes something like this: get home, have dinner, unwind and then midway through an episode of Blackish you look up and it’s 10 pm! To avoid this trap, you must remind yourself of the goals you’ve set. It’ll help do away with procrastination and keep you disciplined. 3. Social media planning is a major key. If you manage social media accounts for your business, you’ll need a social media schedule. This way, when your boss is on your neck over a report and your creative juices aren’t flowing, you won’t have to worry about coming up with a witty Instagram caption. 4. Streamlining saves you from excessive social media promotion Use IFTT to cross share updates across all social media platforms. 5. You’ll have to pass up on weekday events There will be some professional development programs/seminars on weekdays that you won’t be able to attend. Don’t be too disappointed; there are good programs that happen on the weekends as well. 6. You are immobile during business hours Have supplies to pick up in Lekki but you’re stuck at work in Ikeja? You don’t have to have a driver or wait till Saturday to run errands. There are tons of pick-up and delivery companies popping up in big cities across Africa and you should have ALL of them on speed dial. 7. Lunch break is everything! You will surprise yourself with how much you’re able to cram into your lunch hour. Your coworkers may think you’re a bit of a phone addict but little do they know you’re actually getting your work on. 8. Once you get it, you get it When you finally achieve the perfect side hustle/9-to-5 synergy. You’ll feel like you’re on autopilot and nobody will be able to stop you! Running a side hustle is difficult but can also be an extremely rewarding experience. Along the way, you’ll discover talents you didn’t know you possessed and develop a newfound appreciation for time-management. As a generation of risk-takers, we’re often encouraged to strike out in hopes of launching the “next big thing”. However, we mustn’t downplay the value in having a safety net while nurturing a business through its early stages. Do you have a side-hustle? Share your side hustle tips with us in the comments!