The side hustle – a way to make money on the side – is going beyond car boot sales at the weekend or selling items on eBay. Many entrepreneurial workers are building their own empires while in full-time employment. Retail Week looks at how your company should adapt to this growing trend.
One in four British adults – 39% of those in employment – have a side-hustle, according to research carried out by Henley Business School. The trend that started off in the tech hubs of Silicon Valley has made its way to the UK and its transforming how some people choose to work.
These side hustles aren’t just ways to bring in extra cash. For some, they are true passion projects, particularly in the tech sector where developers are seeking to create the next big disruptor. After all, big businesses such as Airbnb, Twitter and even Apple started off as side projects.
As more and more people choose this way of working, some employers have moved with the changing times and encouraged this practice.
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