From Good to Great: How (the right) Feedback Can Transform Your Side Hustle

While starting a side hustle is exciting, receiving feedback is a crucial step for its growth and success. 

Good feedback can provide valuable insights, fresh perspectives, and actionable suggestions that can significantly enhance your side hustle. 

By actively seeking feedback, you can uncover valuable insights that may have gone unnoticed, enabling you to enhance your creations. 

While feedback is generally valuable and helpful, there are certain situations where it may not be as useful. Feedback that is vague, uninformed or delivered in a destructive manner can really hurt your ego and make it difficult to stay motivated. 

That’s why in this week’s newsletter, we will explore the importance of feedback in improving your side hustle. You’ll learn when to take feedback on board, and when to simply ignore it and keep on keeping on! Let’s go! 

This week’s newsletter covers: 

  • Strategies –Discover how to gather feedback from the right sources, implement it the right way, and when to ignore it! 
  • Tool of the Week – This week we introduce you to a popular tool for gathering feedback easily. 

Strategies

Ok so let’s get into this feedback thing…now before you approach anyone for feedback on your side hustle, it’s important to make sure you’re asking the right people. 

Finding the right feedback sources

Start by talking to your target market or previous customers

Your target audience and customers are a goldmine of feedback. They are the ones who interact with your products or services firsthand. Engage with them through surveys, interviews, or focus groups to gather their opinions, preferences, and suggestions. By understanding their needs and expectations, you can make informed decisions to tailor your offerings accordingly.

feedback matters

Check out online communities and forums

Online communities and forums provide a wealth of feedback from individuals who share similar interests or experiences. Join relevant groups or forums where your target audience or industry professionals gather. 

Participate in discussions, ask for feedback, and offer your own insights. By engaging in these communities, you can tap into collective knowledge, gain diverse perspectives, and receive constructive feedback.

Seek out guidance from mentors or experienced entrepreneurs

Mentors or experienced entrepreneurs can provide invaluable feedback based on their own journeys. These individuals have likely encountered similar challenges and can offer guidance to help you navigate them. 

Seek out mentors who have expertise in your industry or who have successfully built their own side hustles. Their insights and advice can be instrumental in shaping your side hustle’s direction and growth.

Seek out feedback on social media 

Social media platforms offer a direct line of communication with your audience. Leverage these platforms to actively seek feedback. Create polls, ask open-ended questions, or encourage comments to gather insights from your followers. 

Additionally, monitor social media mentions, reviews, and comments to understand what people are saying about your side hustle. Social media provides a real-time feedback loop that can help you make timely adjustments and improvements.

social media poll

Crafting effective feedback requests

When seeking feedback for your side hustle, it’s essential to craft requests that elicit meaningful and detailed responses. Here are four key strategies to consider:

1. Be specific about what aspects of your side hustle need feedback 

Clearly define the area of your side hustle that you want feedback on. Whether it’s your product, website design, customer service, or marketing strategies, specifying the focus of your request ensures that you receive targeted feedback that directly addresses your concerns.

2. Ask open-ended questions to receive more detailed responses

Instead of asking yes/no questions, opt for open-ended questions that prompt respondents to provide detailed insights. Encourage them to share their thoughts, experiences, and suggestions. This approach allows for a more comprehensive understanding of their perspectives, providing you with actionable feedback.

open ended questions

3. Request both positive and constructive feedback

While it’s natural to seek constructive feedback for improvement, don’t forget to ask for positive feedback as well. Positive feedback highlights what’s working well and can provide valuable validation. 

By requesting a balance of positive and constructive feedback, you create a well-rounded view of your side hustle’s strengths and areas for growth.

4. Consider anonymous feedback options for unbiased opinions

Anonymous feedback can foster honesty and objectivity. By offering respondents the option to provide feedback anonymously, you create a safe space for them to share their genuine thoughts without fear of repercussions. 

This can result in more honest and unbiased opinions, helping you identify blind spots and make necessary improvements.

Receiving and analyzing feedback

It’s important to approach feedback with an open mind, viewing it as an opportunity for growth. Be willing to accept constructive criticism and learn from it, even if it may be challenging to hear. 

Look for recurring patterns and common suggestions within the feedback. These themes can highlight areas that require attention or improvement. Identify the most frequently mentioned points to prioritize your efforts.

Not all feedback may be equally relevant or aligned with your goals and values. Focus on actionable feedback that can drive tangible improvements and aligns with your overall vision. Prioritize feedback that aligns with your side hustle’s purpose and long-term objectives.

By implementing these practices, you can effectively receive and analyze feedback, turning it into actionable insights that propel your side hustle forward.

When to ignore feedback

While feedback is generally valuable, there are certain circumstances when it may be appropriate to consider ignoring or giving less weight to certain feedback. Here are a few instances:

  1. Irrelevant or Misaligned Feedback: If the feedback received is not relevant to your side hustle or doesn’t align with your goals, values, or target audience, it may be appropriate to disregard it. Ensure that the feedback is applicable to your specific context before incorporating it into your decision-making process.
  2. Outliers or One-Time Occurrences: Feedback that is an outlier or comes from a single individual may not accurately reflect the general sentiment or needs of your target audience. If a piece of feedback stands out as an exception or seems isolated, it may be worth considering it within the broader context before making any significant changes.
  3. Unqualified or Biased Feedback Providers: Consider the credibility and expertise of the feedback provider. If the person lacks knowledge, experience, or a deep understanding of your industry or side hustle, their feedback may not be as reliable or useful. Additionally, if the feedback is driven by personal bias, ulterior motives, or conflicting interests, it may be wise to approach it with caution.
  4. Destructive or Unconstructive Feedback: Feedback that is purely negative, harsh, or lacks constructive elements may not contribute to your growth or improvement. It’s important to differentiate between feedback that is intended to help you and feedback that is simply meant to criticize or tear you down. Focus on feedback that provides actionable insights and constructive suggestions.
  5. Gut Instinct and Vision: As an entrepreneur, you possess unique insights and intuition about your side hustle. There may be instances where your gut feeling or vision conflicts with the feedback received. Trusting your instincts and staying true to your vision can be valid reasons to disregard or deviate from certain feedback that may not resonate with your long-term goals.

Remember, while it’s essential to be open to feedback, it’s equally important to exercise discernment and critical thinking. Consider the context, credibility, and alignment of the feedback before deciding whether to incorporate or ignore it. Ultimately, you have the final say in determining the direction of your side hustle.

Managing emotional responses to feedback

When receiving feedback, managing your emotional responses is crucial for personal growth and the success of your side hustle. Here are four strategies to help you navigate the emotional aspect of feedback:

1. Recognizing the Difference between Personal and Professional Criticism

It’s essential to distinguish between feedback that critiques your work or ideas and feedback that attacks you personally. Remember that professional criticism is aimed at improving your side hustle, while personal attacks have no constructive value. By separating your personal identity from your side hustle, you can approach feedback objectively and with a growth mindset.

2. Seek Support from Like-Minded Individuals or Support Groups

When facing challenging or emotionally charged feedback, reach out to a network of like-minded individuals or support groups. Surrounding yourself with supportive peers who understand the ups and downs of entrepreneurship can provide encouragement, advice, and empathy. They can offer perspectives to help you navigate and process feedback in a healthy manner.

3. Embracing Feedback as a Growth Opportunity

View feedback as an opportunity for growth rather than a threat. Embrace it as a chance to learn, improve, and refine your side hustle. Recognize that feedback, even if initially difficult to hear, can ultimately propel you forward. Shift your mindset to see feedback as a valuable tool that helps you become the best version of yourself and your side hustle.

4. Celebrating Successes and Milestones Along the Way

Amidst feedback and areas for improvement, remember to celebrate your successes and milestones. Recognize the progress you’ve made and the positive impact your side hustle has had. Celebrating achievements boosts morale, provides motivation, and reminds you of the value you bring to the table. This positivity will help balance the emotional impact of feedback and maintain a healthy perspective.

Implementing feedback

Once you’ve gathered some useful feedback on your side hustle, it’s time to start implementing! Here’s a quick overview on how to implement feedback: 

  • Develop an action plan based on feedback analysis
  • Experiment with small changes and iterations
  • Monitor the impact of implemented changes
  • Incorporate ongoing feedback loops into your side hustle process

Let’s unpack this process a bit further: 

Start by developing an action plan that outlines specific steps to address the feedback. Set clear goals and timelines to ensure accountability and progress. By creating an actionable roadmap, you can systematically tackle the suggested changes. 

Rather than making drastic overhauls, consider experimenting with small changes and iterations based on the feedback. Test new ideas, features, or approaches on a smaller scale before implementing them fully. This approach allows you to gauge the impact of the changes and make adjustments as needed. 

Once you’ve implemented changes based on feedback, closely monitor their impact. Track relevant metrics, such as customer satisfaction, sales, or engagement, to assess the effectiveness of the changes. 

Finally, make feedback a continuous part of your side hustle process. Create mechanisms to consistently gather feedback from customers, mentors, or your community. 

This ongoing feedback helps you stay attuned to evolving needs, trends, and opportunities, allowing you to continuously refine and enhance your side hustle.

Wrapping it up

Feedback plays a vital role in driving growth and success. Embracing feedback with an open mind and implementing it thoughtfully enables continuous improvement. 

By harnessing the power of feedback, you can refine your side hustle, overcome challenges, and achieve your goals. 

So, welcome feedback as a trusted companion on your side hustle journey and watch your entrepreneurial dreams soar to new heights.

Tool of the Week

SurveyMonkey is a widely recognized and popular online survey tool that helps you create and distribute surveys to gather feedback and insights.

This is a versatile tool for collecting feedback, conducting market research, and gathering insights to inform decision-making. Check it out!