Should you tell your boss about your side business?

"You don't want to have a conversation with your boss about something you're feeling out if it's going to fizzle in a couple of months." But if your side hustle is already a thriving business, you should mention it right away, she said. When it comes to figuring out what to say, don't divulge more than you need to.

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How do you tell your boss you're starting a side business?

It's best to be open and honest about your activities. Better to err on the side of caution and proactively bring it up, even if your employee handbook doesn't require disclosure. Consider scheduling a meeting with your boss rather than popping in for a quick informal conversation.

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Does my employer need to know about my side hustle?

“It depends on the nature of the side hustle. For example, if it involves being an Uber driver, an online merchant or owning an independent business (outside of the field one is employed in), then the whole world doesn't need to know.

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Should you tell your boss that you are starting your own business?

Telling your employer

While there is no legal obligation to tell the employer if you are running your own business, but there may well be a clause in the Contract of Employment requiring the employee to declare any other work.

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What not to tell your employer?

Phrases to Never Say to Your Boss
  • “I Need a Raise.”
  • “I Can't Stand Working With ____.”
  • “It's Not My Fault.”
  • “But We've Always Done It This Way.”
  • “That's Not Part of My Job.”
  • “That's Above My Pay Grade.”
  • “I Have Too Much on My Plate.”
  • “I'm Bored.”

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Should You Tell Your Boss About Your Side Hustle? Pros/Cons

17 related questions found

What not to share with your manager?

Whether you are too excited, angry, drunk or frustrated, here are some things that you should never share with your boss.
  • You are job hunting. ...
  • Gossip about your colleagues. ...
  • Your long-term career plans that don't involve the company. ...
  • Your own personal drama tales. ...
  • Verbal threats and angry outbursts.

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Should I tell my boss I'm struggling financially?

On the positive side, telling your boss about difficult circumstances gives your manager insight into what might be impacting your work performance. However, there's a risk that disclosing financial problems could change how your bosses perceive your ability to do your job.

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Is it OK to tell someone to mind their own business?

Many people would find that phrase to be quite rude and offensive in nature. However sometimes people do overstep their boundaries and there is nothing wrong with politely saying you aren't comfortable talking about a certain topic.

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What they don t tell you about starting a business?

Here are seven tips that no one tells you before you start your business:
  • It's still about who you know. ...
  • You'll want to quit. ...
  • It's non-stop. ...
  • Everyone will have an opinion. ...
  • You'll have to ask for money. ...
  • You can't double dip for customers. ...
  • You'll need to reinvest.

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Is it OK to like my own company?

It gives you mental stability and satisfaction

It is great to be in the company of others but you can't (and shouldn't) depend on others to make you feel better. The ability to enjoy your own company is related to happiness and personal satisfaction.

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Is it embarrassing to have a side hustle?

Ultimately, you have to do what works best for you. Having your business be a side hustle doesn't mean it's not a viable and meaningful business. And it definitely doesn't mean that you aren't pursuing your dreams, it means that you're doing what you need to do in order to pursue your dreams.

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Can I have a side hustle while working?

Side hustles can be a great way to make money. They're usually done alongside a full-time job. But you could have one as a part-time job, or have multiple side hustles supplying all your income. We're helping you choose the best side hustles for you based on your interests, skills, and availability.

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Should I quit my job to start a side hustle?

Desperation to leave a job shouldn't be your motivation for creating your own business. Instead, you should save financially for, at minimum, a 6-12 month runway to not have a salary. But even more importantly, you need a vetted business idea, plan, and product market fit before going it alone.

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Should I tell my boss if I get a second job?

In most cases, you don't have any obligation to tell anyone at your current job that you're taking a second job opportunity. However, we suggest ‌you remove any possible misunderstandings between you and the company in the future by being as transparent as possible.

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How do you say side hustle professionally?

“Side job” and “side gig” are often used synonymously with “side hustle.” Many people often use the term freelancing in place of side hustle too, but they're not quite the same thing. Freelancing can be a side hustle, but it can also be a full-time career.

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Is it worth starting a side business?

If you know for sure you want to change your focus, a side hustle can be a good way to start something fresh while you maintain the stability of your current employment. It can also be a strategy for career cushioning in case you're questioning your job security.

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What is the most common reason for a small business to fail?

The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.

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What are 3 reasons why you don t want to start your own business?

Here are 10 reasons why starting your own business isn't always a good idea:
  • It's a LOT of Work. ...
  • Most Businesses Fail. ...
  • It will Make You Uncomfortable. ...
  • It's Expensive. ...
  • You'll Wish You Worked for Someone Else. ...
  • It's a Major Commitment. ...
  • The Buck Stops with You. ...
  • You Can't Control What You Can't Control.

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At what point are you not a small business?

SBA's Table of Size Standards provides definitions for North American Industry Classification System (NAICS) codes, that vary widely by industry, revenue and employment. It defines small business by firm revenue (ranging from $1 million to over $40 million) and by employment (from 100 to over 1,500 employees).

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How do you professionally say mind your own business?

Polite Ways to Say None of Your Business
  1. Don't worry about it. ...
  2. I'd prefer not to talk about it.
  3. I'd rather not go into details if you don't mind.
  4. Thanks for asking but I'm not ready to talk about that yet.
  5. That's not my story to tell.
  6. Thanks for your concern but it's personal.
  7. I'm still sorting it out, let's talk later.

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Is none of your business rude?

Now these two phrases: it's none of your business and mind your own business are slightly rude when said directly to the person. So this is something you only want to use with very good friends or perhaps a rude stranger who is making personal enquiries.

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Should I tell people about my business?

Aspiring entrepreneurs often face this difficult decision early in the life of their startup. Letting people know about your business idea is a great way to conduct primary research on the demand and appeal of the idea. Likewise, there may be a strategic advantage to disclosing your idea later in the development stage.

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Can I tell my boss about my personal problems?

If you know your manager is understanding, non-judgemental and you feel comfortable speaking to them about your life outside of work regularly they are more likely willing to chat when you need to talk about something personal.

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How do you spot a poor manager?

List of signs of a bad manager
  1. Micromanagement. Micromanagement is one of the most-often-cited characteristics of a bad manager. ...
  2. Failure to give feedback. ...
  3. Inability to say “no” ...
  4. Absence of empathy. ...
  5. Gossip. ...
  6. Poor communication. ...
  7. Over-reliance on employee self-management. ...
  8. Disorganization.

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Is it OK to tell your boss you're struggling?

Talking about our struggles is important because it helps to create an open and honest work environment. People feel more comfortable talking about their struggles when they know their work environment is supportive, too.

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