Why Spike is the Perfect Solution for Launching a Side Hustle

Does any of this ring true for you? “My job doesn’t meet all the needs I have financially.” “I need to supplement my income to have any chance of surviving financially.”. We’re living in a world where inflation is affecting everyone.

With the cost of living skyrocketing, remote work has made the dream of establishing a successful side business more attainable. Employers are increasingly open to hiring contractors for asynchronous work, creating a favorable environment for side hustles.

However, leveraging the right technology solutions is the key to seizing this opportunity. With Spike’s Email App, starting and growing a side hustle becomes streamlined, ensuring that your venture is not just a passing phase but a sustainable and profitable pursuit.

What Do You Need to Start a Side Hustle?

Starting a side hustle requires a mix of creativity, strategic planning, and the right tools. Here’s a breakdown of essential prerequisites for launching a successful side business.

Finding Your Niche

What are you good at? Identifying a unique market niche that aligns with your passions and skills is critical. It ensures your business stands out and addresses a specific need or gap in the market. If you’re good at design, then you should reach out to lead designers at other companies to ask if they need any contract help. If you’re a programmer, read how to lead engineers at companies using the same programming language you’re proficient in.

Ultimately, every company needs services, so find the Venn diagram of your skills with companies who need those skills.

Deciding on Pricing

Setting competitive yet profitable pricing for your products or services is a delicate balance. It requires thorough market analysis and an understanding of your cost structure. Because a freelancer doesn’t need taxes or benefits, you can generally offer your services for much less per house than a full-time employee. Set your pricing competitively where you make money, but the company also finds massive value.

Invoicing System

Efficiently managing finances with a reliable invoicing system is crucial for tracking earnings and expenses. This helps maintain a healthy cash flow. It’s also critical for managing taxes. Because you’ll be a contractor/freelancer, you’ll be required to pay your taxes, and an invoicing system will be vital for maintaining the correct records.

The Right Technology

The backbone of any modern business, especially for communication, managing tasks/projects, and collaborating with customers or team members. Leveraging technology like Spike, which offers an integrated platform for emails, chats, collaborative documents, and more, is critical to ensuring seamless operations and enhanced productivity.

Having the right technology simplifies the logistical aspects of running a side hustle and empowers you to focus on your craft vs. switching apps or using legacy tools. Spike’s all-in-one digital workspace can be particularly transformative, enabling efficient management of tasks, projects, and customer interactions, all of which are critical to the success of your business.

Spike – Your Complete Digital Workspace

Spike provides a suite of features that synergize, making it an exemplary tool for anyone starting a side hustle. Here’s how its functionalities can streamline the process of being a freelancer and maintaining your side hustle.

Conversational Email

Transforming traditional email into a chat-like experience, Spike’s conversational email feature enables faster responses and simplifies client communication, making email threads more manageable and less cluttered. It’s the single most important upgrade you can make.

Video Meetings

Facilitate face-to-face discussions with clients or team members from anywhere in the world with Spike’s integrated video meetings. This feature ensures that communication remains personal and practical. Because Spike’s Video Meetings don’t require a Spike account, it’s perfect for working collaboratively with clients without them needing to download an app or sign up for an account.

Integrated File Collaboration

Collaborate on documents in real-time without switching between apps. Spike’s integrated file collaboration streamlines workflows, enhancing productivity and project management. Share collaborative notes and files, and work together with ease.

Integrated Calendar

Spike includes an integrated calendar that simplifies scheduling, allowing you to organize meetings, deadlines, and reminders in one place, directly accessible from your digital workspace. It works with all popular calendar management systems.

Integrated Task Management

Keep track of your tasks and projects with Spike’s integrated task management. This feature helps prioritize your workload and ensures everything runs smoothly.

Super Search and Priority Inbox

Stay on top of your emails with super search and priority inbox, helping you to focus on what’s essential by filtering out the noise and highlighting critical communications. Spike prioritizes your most important messages so you can get on with more exciting things. Spike’s Priority Inbox sorts less important emails, like newsletters and promotional offers, into a separate ‘Other’ Inbox, streamlining your email management and allowing you to focus on what matters with your clients.

Finding a specific message in a long thread with clients can be time-consuming and frustrating. Spike’s super search functionality simplifies finding messages in long threads. Search by keyword in a conversation, Channel, Group, Doc, or Note. Spike’s robust search tools scan messages, contacts, and attachments, presenting all relevant results. Just input a word, and Spike does the rest – no fuss.

Ready to start streamlining your side hustle?

Launching a side hustle requires dedication, strategy, and the right tools. Spike offers an all-in-one digital workspace that streamlines communication, collaboration, and task management, making it easier to focus on growing your business.

With features like conversational email, video meetings, integrated file collaboration, and more, Spike is designed to enhance productivity and efficiency. Ready to take your side hustle to the next level? Sign up for Spike’s Email App today and start building your business with the best tools at your disposal.