In recent times, the concept of side hustles is on the rise. If you are not aware of what that actually means, let me walk you through it. A side hustle is any type of employment undertaken in addition to one’s full-time job. It is generally a freelance or piecework in nature, meant to provide a supplemental income. Side hustles are often things a person is passionate about, rather than a typical day job worked to make end meets. The concept of a secondary stream of income has been around for decades in working-class families where people had to take up several jobs to make ends meet. The most interesting thing about being a part of a side job is that it is the ideal way to incorporate something one always loved to do and make it into a profitable profession, without having to be worried about it being your only source of sustenance.
Jonathan Kvicky is a 32-year-old serial entrepreneur, very famous in the industry. He is not only an entrepreneur but also a senior software Engineer and tech Investor. He preaches the importance of every person having a side hustle for diversification, financial ownership and personal growth in an era of volatility and uncertainty. Jonathan currently based out of Los Angeles, California and work as a full-time senior engineer on the Sony PlayStation team.
At the young age of 18, Jonathan started working in the business world. He has started multiple successful businesses and even sold his first company for a huge profit at the young age of 20. In less than a year, his investment portfolio literally grew from $100k to more than $1million which one of the greatest milestones he has ever achieved. He is quite passionate about tech startups, investing, blockchain technology and entrepreneurship.
In this covid-19 pandemic, many people have lost their full-time job but through the concept of side hustling, they were able to cope up with this situation and were able to survive this horrible situation. According to Jonathan, there are several reasons why there is an absolute need for a side hustle. Firstly, if people’s income is not increasing over the year, then side hustle can help them gain an additional extra income. Through this extra income standard of living goes up. Not only this but also in this time increase in prices of products the concept of side hustle actually helps in maintaining the cost of living of an individual. This also helps an individual gain knowledge about different jobs in the market and get to know about how the actual market works.
To know more about Jonathan Kvicky, follow him on: https://www.linkedin.com/in/jonkvix