Why are Millennials Obsessed with Side Hustles?

When it comes to the Millennial generation, there are a lot of things that set them apart from older generations. One of the most notable things is their obsession with side hustles. Many millennials have at least one side hustle, if not multiple, that they are passionate about.

So, what's behind this trend? Millennials experienced the great recession and knew its effects. Most of them are tech-savvy, and they are open to new ideas. Many millennials also tired of the traditional workforce.

In this blog post, I will explore why millennials are so drawn to side hustles and discuss the benefits of having one.

Why are Millennials Obsessed with Side Hustles?

There are a few key reasons why millennials are obsessed with side hustles.

Great Recession

First, many came of age during the Great Recession and saw how easily jobs could disappear. As a result, they tend to be much more entrepreneurial and willing to take risks than older generations. They also strongly desire to be their boss and build something from scratch.

Tech-Savvy

Another reason behind the Millennial side hustle obsession is that they are very tech-savvy and have grown up with social media. This has given them a unique perspective on building a personal brand and marketing themselves online. They are also very comfortable using technology to make money, whether online freelancing or creating a digital product.

Traditional Workforce

Another reason is that many Millennials are simply tired of the traditional workforce. They have seen the negative effects of working long hours for little pay and job security. So, they are striking out on their own to create something that is more flexible and gives them the freedom to choose their hours and work environment.

They are Open to New Ideas

Finally, Millennials are more open to new ideas and different ways of doing things. They aren't afraid to try something that may be outside the norm, which is one of the reasons why side hustles have become so popular among this generation.

Benefits of a Side Hustle to the Millennials

There are many benefits to having a side hustle, but some of the most notable ones include:

Extra Money

One of the obvious benefits of having a side hustle is that you can make extra money. This is especially helpful if you have debt or are trying to save up for a big purchase.

You Can Build Your Brand

Another benefit of having a side hustle is that you can build your brand. This is a great way to get your name out there and attract new clients or customers.

You Learn New Skills

A side hustle is also a great opportunity to learn new skills. This can be anything from marketing to web design.

You Can Meet New People

Finally, a side hustle is a great way to meet new people. This is especially beneficial if you work from home or are introverted. It's a great way to network and build relationships with like-minded people.

Final Thoughts

There are many reasons why Millennials are drawn to side hustles. They are entrepreneurial, tech-savvy, and tired of the traditional workforce. By having a side hustle, they can build something of their own, set their hours, and be their boss. What's not to love about that? I hope this article has given you some insight into the mind of a Millennial and why they are so obsessed with side hustles.