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What are the most important things to know before starting a side hustle?

What are the most important things to know before starting a side hustle?

Define your goals and expectations for your side hustle.

Research the market and assess the competition.

Establish a plan for how you will manage your side hustle.

Have a clear financial understanding of how much money you need to make to break even and turn a profit.

Ensure you have the necessary resources (time, energy, and money) to commit to your side hustle.

Develop a marketing strategy to promote your side hustle.

Network and build relationships with potential clients and customers.

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