Small business inspiration

The most challenging part about having a side hustle can be knowing when you’ve established yourself enough to quit your day job. That tipping point is different for everybody, and it’s a rare person who makes the decision without a lot of worrying and wondering.

The most common reason for people turning their side hustle into a small business isn’t extra cash. It’s passion. The passion to help others, to create something that’s uniquely yours, to be your own boss.

Starting a business in California can be exciting. To hit the ground running, it is important for you to complete certain steps so that your business is set up legally and protected from the day you open your doors. If you are planning to move to the Golden State to open your small business, here is a checklist to help you make sure that you have taken care of everything.

The 2019 Hiscox Side Hustle to Small Business™ Study found that, on average, entrepreneurs work their side hustle for 19 months before they are ready to make the leap and turn it into their full-time job. During that time, the average entrepreneur worked 20 hours a week in addition to their full-time job. In most cases, they worked on the weekends and at night, juggling their responsibilities for work, family and their side hustle business.

The rise of the "side hustle" represents a new iteration of entrepreneurs who are taking their first steps toward owning a business while still being employed full time.

If you have a side hustle, or you’re thinking of starting one, you may feel the need to do what you know – to draw on the knowledge and experience you’ve gained in years, or maybe even decades, of working for someone else. But there’s no rule that says you can’t do something completely different.