Side Hustle or Doubling Down?

Question

I recently had a conversation with a CRO at a fortune 500 compa... oh wait I'm not a LinkedIn schmuck my bad.

My friend and I were chopping it up about what to do about the immense uncertainty in the economy right now.

He argues that now is the time to start a side hustle, make sure you have outside income.

I argued that it would be better to double down on the job. Make sure you're a top performing rep so that when cuts come they don't come for you.

What is your take?

Accepted Answer

A side hustle takes focus away. If you have the time for it, that means that you should be either looking for a new job or seeing if you can make more money at your current job.

Answer

Main job. Benefits. Duh.

Answer

Side hustles are viable for so few people.

Answer

Whole ass one thing vs half ass two

Answer

Fun side gig always a good option

Answer

I selected Side Hustle because its always good to look at options and if you can pick up a nights/weekends thing, go for it.

Answer

Depends on the side gig and what it is. Run a rental company on the weekends with family. I also put in a ton of hours at my current role

Answer

I agree with everything being said on both sides, I think my friend's point was that even if you're a top performer, you might get let go regardless. Plus with the way the job market is you might be goin 6 months without an income.
I'm on the side of job first but just thought I'd clarify/ add reasoning on his end.

BasstheBear

Side Hustle or Doubling Down?