Occupational Wellbeing

Side Hustle to Success: Exploring the Potential of Multiple Income Streams

December 7, 2022
The Wellness Tribe Team

Building a career from different income streams can be a rewarding and fulfilling way to make a living. However, in today's economy, relying on a single source of income is becoming increasingly risky, as job security and stability are no longer guaranteed. By diversifying your income streams, you can protect yourself from financial uncertainty and take control of your own career. 

There are many different ways to create multiple income streams, and the best approach for you will depend on your individual circumstances, skills, and interests. In this article, we will explore potential options for generating additional income and provide tips for getting started.

Start A Side Hustle

One way to generate multiple income streams is to start a side hustle in addition to your full-time job. This could be something as simple as selling handmade products on Shopify or providing a service like home or online tutoring. The key is to start small and gradually build up, so you don't overwhelm yourself.

Portfolio Diversification

Portfolio Diversification
Photo by Scott Graham on Unsplash

Another way to create multiple income streams is by diversifying your investment portfolio. By investing in a range of assets, including stocks, bonds, real estate, and others, you can create a steady stream of passive income to help support your career and financial goals. Diversifying your investments can also reduce the risks associated with relying on a single source of income, such as job loss or market volatility.

Creating and Selling Online Courses

Another option is to leverage your current job or career to create additional income streams. For example, you could use your knowledge and experience to develop and sell an online course or e-book or offer to coach or consulting services to others in your field. By doing so, you can generate additional income without necessarily having to leave your current job or career.

The Benefits of Multiple Income Streams

Be Your Boss

One of the key advantages of building a career from multiple income streams is that it gives you more control over your work and income. Instead of being at the mercy of a single employer, you can create your own opportunities and choose the projects and clients that align with your values and interests. This can lead to greater job satisfaction and a sense of fulfilment.

A Safety Net for Income

Having multiple income streams can provide a sense of security, as it gives you a backup plan in case something goes wrong with one of your streams. This can be especially important in today's economy, where job security is not always guaranteed.

Multi-stream income generation workflow

Multi Stream Income : Side Hustles
Photo by Will Porada on Unsplash

Wondering how to get started? Here is a workflow for finding and creating multiple income streams through side hustles: 

1. Identify Your Skills and Interests: 

The first step is to think about what you are good at and what you enjoy doing. These skills and interests can help you identify potential side hustle opportunities.

2. Research Potential Opportunities: 

Once you have a list of your skills and interests, start researching potential side hustle opportunities that align with them. Look for opportunities that are in demand, have the potential for growth, and are flexible enough to fit into your schedule.

Here are a few platforms for side hustle opportunities: 

  • Fiverr
  • Upwork
  • Freelancer
  • SolidGigs

3. Create a business plan: 

Once you have identified a few potential side hustles, create a business plan outlining how to start and grow your business. This should include a market analysis, marketing, and financial plan.

Check these sample business plans from Hubspot to get you started. 

4. Test your idea: 

Before fully committing to a side hustle, it can be helpful to test your idea to see if it is viable. This can involve creating a prototype, offering a limited-time promotion, or launching a pilot project.

5. Launch your side hustle.

Once you have a solid business plan and have tested your idea, it's time to launch your side hustle. This may involve creating a website, setting up social media accounts, and networking to find potential clients.

6. Scale your business.

Once you have launched your side hustle, focus on growing and scaling your business. This may involve finding new clients, expanding your services, or creating new products.

"A side hustle is the ultimate form of job security. It gives you the freedom to explore your interests, try new things, and build a business around your passions." - Chris Guillebeau - American Author

Closing Thoughts

There are several ways to create multiple income streams, and the best approach will depend on your individual circumstances, skills, and interests. You may include some freelancing websites which can give side hustles more meaningful avenues.

Corporate Wellness

The State of Diversity, Equity, & Inclusion at Indian Workplaces

April 1, 2023
Mohit Sahni

As the world of work continues to evolve, Indian employers are becoming increasingly aware of the importance of prioritizing employee well-being. A recent survey conducted by global advisory, broking, and solutions company WTW reveals that diversity, equity, and inclusion (DEI) programs are emerging as the top driver for benefits strategies in India. 

The survey found that DEI programs, which include inclusion and diversity training, accessible office spaces, gender-neutral company communications, and inclusive benefits options, are the top social well-being initiative provided by Indian organizations. 

This article will explore the survey findings and discuss how Indian employers prioritize employee well-being and focus on diversity, equity and inclusion.

The Four Pillars of Well-Being in the Workplace

To ensure employee well-being, Indian organizations are prioritizing efforts across the four pillars of wellness in the workplace. These pillars include physical, emotional, financial, and social well-being. 

  • Physical Wellbeing: Companies are offering wellness programs and health risk assessments to encourage healthier living. 
  • Emotional well-being: Employers are developing mental health strategies and employee assistance programs to support the mental health of their employees.
  • Financial well-being: Companies are addressing this through financial education programs and benefits that cover financial planning and insurance. 
  • Social well-being: Employers are implementing DEI programs to foster inclusive workplace cultures and support team building.

As Indian organizations prioritize employee well-being across these four pillars, they are recognizing the importance of taking a comprehensive approach to workplace wellness. 

In order to foster a more engaged, happier, and healthier work environment, companies provide resources and support across all four pillars.

Prioritizing Inclusivity and Belonging

In Indian organizations, diversity, equity, and inclusion (DEI) programs are emerging as the top driver for social well-being. These programs include inclusion and diversity training, accessible office spaces, gender-neutral company communications, and inclusive benefits options. 

The WTW survey found that 71% of Indian organizations provide inclusion and diversity training, 71% have accessible office spaces, and 62% offer inclusive benefits options.

The survey also found that some companies have gender-neutral restrooms (33%) and diversity scholarships (20%). By prioritizing DEI programs, organizations are taking a crucial step toward creating an inclusive workplace culture where all employees feel valued and respected.

DEI programs play a crucial role in promoting social well-being, and Indian organizations are recognizing the importance of creating a diverse and inclusive work environment. 

These programs foster a culture of acceptance, tolerance, and understanding in organizations, which improves employees' well-being in the long run. By focusing on DEI initiatives, organizations create an environment where employees feel valued and supported and build a strong foundation for employee well-being.

Expanding Coverage Beyond Employees

Expanding coverage beyond employees is critical to achieving holistic well-being in the workplace. The survey reveals that companies are already making progress in this area, with 50% of companies including coverage for spouses and 39% covering parents for emotional well-being programs. 

However, more needs to be done to ensure that families are included in financial well-being programs to address the gender wealth gap in India. Covering families under these programs can also help improve financial literacy and promote better decision-making. 

By involving families in well-being programs, companies can improve the overall health and happiness of their employees and contribute to a more inclusive and supportive workplace culture.

A Personalized Path to Wellness

According to the survey, companies are now addressing specific conditions and lifestyle risks in order to boost workplace well-being. Indian organizations are increasingly focusing on weight management, healthy sleep, cardiovascular disease management, diabetes management, and cancer management.

In addition to targeting specific conditions, companies are also providing lifestyle risk management programs that focus on healthy habits. These include programs for weight management, healthy sleep, and healthy eating. By targeting specific conditions and lifestyle risks, employers are taking a proactive approach to employee well-being and promoting a healthier workplace.

Moreover, the survey found that many companies are also offering support for family planning, including maternity management and fertility support. These programs are designed to support employees and their families, promoting well-being not just at work but in their personal lives as well.

The Post-Pandemic Reality Check

The COVID-19 pandemic has had a significant impact on the workplace, with many employees facing increased stress, anxiety, and uncertainty. In response to the pandemic, Indian organizations have had to adapt their benefits strategies to prioritize employee well-being.

One way that companies have adapted is by implementing new programs to support remote work and virtual collaboration. The majority of companies allow employees to work from home, so they can remain connected to colleagues while also remaining productive. In order to cope with the stress of remote work, companies also offer mental health programs.

Furthermore, the pandemic has highlighted the importance of prioritizing family well-being in the workplace. Many companies have introduced new programs to support family planning, including flexible work arrangements and parental leave policies. By supporting employees in their personal lives, companies can create a healthier and more productive workforce.

Putting Employee Well-Being First

The pandemic has been a reality check for Indian organizations, highlighting the importance of prioritizing employee well-being in the workplace. Companies have had to adapt their benefits strategies to support remote work, family planning, and financial well-being. 

The pandemic has been a challenging time for all, but by prioritizing employee well-being, Indian organizations can emerge stronger and more successful in the post-pandemic world.

At The Wellness Tribe, we understand the importance of prioritizing employee well-being in the workplace. If your company is looking for assistance in creating a corporate wellness program that prioritizes the well-being of your employees across the four pillars of wellness, physical, emotional, financial, and social, we are here to help.

Workspace

From Cubicles to Calm: Designing an Office That Supports Employee Wellness

November 4, 2024
Disha Shah

Imagine walking into an office that feels inviting, where you don’t immediately want to slump in your chair and zone out. Instead, it’s a space that lifts you up—a place with good lighting, fresh air, maybe a plant or two, and places to catch your breath when things get intense. Sounds like a dream, right?

The truth is, more companies are beginning to realize that when an office feels good, people feel good, and everyone benefits. A thoughtfully designed office can support wellness, reduce stress, and make the workday more enjoyable. And let’s face it, we all want to feel better at work. 

Here’s how small design tweaks and wellness-focused setups can turn “cubicles into calm.”

Why Wellness-Focused Offices Matter

The office environment has a huge impact on how people feel, how they work, and even how healthy they stay. Studies show that uncomfortable seating, poor lighting, and lack of private spaces can make people feel more stressed, tired, and disconnected. And on the flip side, when a space is supportive, comfortable, and lets people take care of themselves, it boosts mood, focus, and overall happiness.

A wellness-focused office isn’t just about throwing in a few plants and calling it a day. It’s about creating a space where people actually want to be, a space that supports their health and gives them room to thrive.

Elements of a Wellness-First Office: Making Space Feel Good

Let’s look at some small but impactful ways to make the office a place where people feel energized and supported.

1. Ergonomic Furniture that Feels Like It’s Made for You

Have you ever tried to focus while sitting in a chair that’s too stiff or too low? Ergonomic furniture—desks, chairs, and accessories that fit our bodies—can change the game. Good ergonomic setups reduce discomfort, help with posture, and make work a lot more comfortable.

  • Easy Fix: Adjustable chairs and sit-stand desks are ideal. And they’re not just for big companies anymore; affordable options are out there. Giving everyone control over their seating and desk height can go a long way toward making them feel comfortable.

2. Natural Light: A Natural Mood Booster

Few things are as uplifting as natural light. We’re wired to feel better when we’re exposed to daylight—it helps regulate our sleep patterns, keeps us energized, and even boosts our mood. Without it, offices can feel gloomy, making people feel less alert and more fatigued.

  • Easy Fix: Set up workstations near windows and, where possible, use open layouts or glass partitions to let light spread through the space. If you’re working with limited windows, daylight-mimicking lights can still make a big difference.

3. Greenery that Brings Life to the Workspace

Plants are amazing. Not only do they brighten up the space, but they’ve been shown to reduce stress and increase productivity. Plus, they improve indoor air quality, which is a huge bonus for stuffy offices.

  • Easy Fix: Start small with some hardy indoor plants like snake plants or pothos that need minimal care. You could even get the team involved by letting them pick a plant for their own workspace.

4. Quiet Zones for Focus and Decompression

Open offices have their pros, but let’s be real: they can be noisy. And noise can be a major stressor when you’re trying to focus or have some quiet time. Setting up quiet zones gives people a place to retreat, focus, or just breathe for a few minutes when the day feels overwhelming.

  • Easy Fix: Create quiet nooks with comfy chairs, soft lighting, and sound-absorbing materials. These don’t need to be full rooms—a cozy corner works just as well. It’s about having a place to step away and reset.

5. Spaces that Let People Move and Connect

Sitting all day is hard on the body and mind, so designing a space that encourages movement can be a game-changer. Plus, flexible areas for informal meetings make collaboration feel more natural and less like a forced sit-down.

  • Easy Fix: Think open lounge areas with modular furniture, standing tables, or even a small space where people can do stretches. Movement doesn’t need to be complicated—just give people options to switch things up.

Designing for Mental Well-being

Wellness isn’t just physical; mental and emotional well-being are just as important, and design can help support that. Here are a few ways to design with mental health in mind.

6. Using Color to Create a Calm, Positive Atmosphere

Colors can have a big impact on how we feel. Soothing colors like blues, greens, and neutrals create a calm vibe, while pops of color can keep the energy lively. The key is balance; you want a space that feels energizing without being overwhelming.

  • Easy Fix: If a full re-paint isn’t in the cards, add color through small touches like artwork, cushions, or desk accessories. It’s a subtle but powerful way to influence the mood.

7. A Dedicated Mindfulness or Meditation Space

Sometimes, people just need a moment to reset. A designated wellness or mindfulness area can be a quiet place to practice deep breathing, meditate, or simply escape the hustle for a few minutes.

  • Easy Fix: A wellness room doesn’t have to be elaborate. Think of a small room with some floor cushions, dim lighting, and maybe a speaker for calming music or guided meditations. Make it a phone-free zone for true relaxation.

8. Fresh Air and Clean Air for Clear Thinking

Poor air quality can cause fatigue, headaches, and even worsen allergies—none of which help productivity. Fresh, clean air supports physical health, mental clarity, and focus, making the office feel more inviting.

  • Easy Fix: Air purifiers are great additions, especially in closed spaces. If possible, open windows for ventilation. Indoor plants can also help filter the air naturally.

Supporting Social Wellness

The best offices encourage connection, which is essential for building team morale and trust. Here’s how to create social spaces that make people feel welcome.

9. Breakout Spaces for Team Bonding and Downtime

Not every conversation needs to happen in a conference room. Breakout spaces give teams a place to chat, relax, or even play a quick game. They’re the go-to spots for building relationships and taking a mental break from work.

  • Easy Fix: Set up a cozy seating area with sofas, a coffee station, or even a few board games. Make it inviting so people feel comfortable stopping by for a chat.

10. Making the Office Accessible and Inclusive for All

Wellness means creating a space that works for everyone, including those with accessibility needs. An inclusive design shows employees that they’re valued, no matter what.

  • Easy Fix: Make sure hallways are clear, doorways are wide enough for wheelchair access, and consider height-adjustable desks. These small adjustments can make a big difference in how supported and included people feel.

Measuring the Impact of a Wellness-Oriented Office

The best part about creating a wellness-focused office is seeing how it affects people. Tracking some key areas can help you understand what’s working and where there’s room for improvement.

  • Employee Feedback: Regular check-ins or surveys let you know how people feel about the space. It’s a good way to spot trends and pick up on anything that needs adjusting.
  • Productivity and Retention: A positive environment often leads to higher productivity and fewer people wanting to leave. Look for changes in performance, engagement, and retention.

Real-Life Inspiration: Companies Making Wellness Work

Big names like Etsy and Airbnb have set the bar high with wellness-focused office designs. Etsy’s office in Brooklyn is filled with natural materials, plants, and open spaces, creating a calming atmosphere. 

Airbnb’s flexible spaces and quiet rooms let employees work in ways that best suit their needs. But remember, you don’t need a big budget to create wellness; it’s about thoughtful choices that make the workplace feel good.

Making Wellness a Part of Every Day

Redesigning an office to support employee wellness doesn’t have to mean breaking the bank or overhauling everything. Small, mindful changes can make a big difference. By focusing on comfort, natural light, greenery, and spaces to breathe, you can create a work environment where employees feel supported and energized.

Transforming “cubicles into calm” means creating a space that respects well-being and shows employees they’re valued. Wellness isn’t just a trend; it’s a foundation for a happier, more productive workplace. And that’s something every company can aspire to, one thoughtful change at a time.

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This month we are focusing on food and how it affects your mental health. Join us as we bring in the most relevant interesting content from across the wellness segment.

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