Every side hustler has a story and a reason for becoming one.

While the reasons for starting an online side hustle are many, the goals of side hustlers tend to be similar.

Typically, side hustlers have 3 main goals, usually to do what they intend to do with their extra earnings.

Goals can serve as guiding posts and provide motivation, direction, clarity and focus.

Want to know what these 3 broad goals are?

Let's dive in.

Goal #1: Earning extra income to pay for a specific project

The aim here is income for a particular purpose, such as going on a holiday, paying off debt, buying a high-ticket item or putting money aside for a rainy day.

The side hustle may not be needed after the completion of the project.

Goal #2: Earning a continuous and sustainable income

Most side hustlers identify with this goal. They want to create other sources of income in addition to their 9-5.

Multiple sources of income are a vital hack for financial independence.

It follows the idea of not putting all your income eggs in one basket.

This is considered risky.

Goal #3: Earning to replace 9-5 income eventually 

Some side hustlers enjoy their 9-5 and have no intention of quitting, even if earning a continuous income on the side.

Others will build their income to the level that will replace or exceed income from their 'stable' job.

This is where they finally sack their boss.

No one goal is better than the other.

Depending on your circumstances and lifestyle, one goal may be more suitable for you than the other. And, of course, your goals can change throughout life.

So, what goals are you setting for yourself as you embark on your solopreneurship?