Often, the term ‘side business’ is used in reference to any activity that generates income for an individual other than his or her regular full time job. So for instance, you work as a banker full time. However, aside your full time job, you MC (master of ceremony) events such as entertainment shows on weekends. Being an MC is your side business. Years gone by, having a side business was perhaps not as common and as compelling as it is today. A growing number of professionals are venturing into multiple income generating activities, and there are clear reasons why this is increasingly becoming the norm. This article highlights three cardinal drivers of this trend, but more importantly, why you should have a side business irrespective of your profession. Supplement regular salary, and for investment purposes The first reason often alluded to for having a side business is that, it creates multiple streams of income, which then lessens the financial pressures associated with holdi...