Etsy CEO Shares Career Advice: Focus on Innovation and Side Hustles

Etsy's CEO, Josh Silverman, recently shared his early career insights, emphasizing two key steps that he believes were instrumental in his later success. Speaking at Pace University's 2025 commencement, Silverman highlighted the importance of these early decisions in shaping his professional trajectory. His advice aligns with the philosophies of prominent figures like Mark Cuban and the late Steve Jobs, underscoring the universal applicability of his strategies.

Silverman's first key step was to focus on innovation and adaptability. He encouraged graduates to approach their careers with the same mindset as a startup, emphasizing the need for constant reinvention and the ability to pivot in response to changing circumstances. This approach, he argued, is crucial for staying relevant and competitive in an ever-evolving job market. By fostering a culture of innovation, individuals can position themselves as valuable assets in any industry.

The second step Silverman highlighted was the importance of developing a competitive edge. He advised graduates to identify their unique strengths and leverage them to stand out in their respective fields. This could involve pursuing side hustles or side projects that not only provide additional income but also allow individuals to explore their passions and develop new skills. Silverman's own experience with side hustles, such as his early ventures in e-commerce, demonstrates how these endeavors can lead to significant opportunities and personal growth.

Silverman's advice resonates with the broader trend of side hustles reshaping the workforce. In 2025, side hustles are no longer just a means to make ends meet; they represent a transformative shift in working lives. By engaging in side projects, individuals can gain valuable experience, expand their networks, and even discover new career paths. This trend is particularly relevant for younger generations, who are navigating an uncertain job market and seeking ways to differentiate themselves.

Silverman's insights also underscore the importance of continuous learning and self-improvement. By treating their careers as startups, individuals can stay ahead of the curve and adapt to new challenges. This mindset encourages a proactive approach to career development, where individuals are constantly seeking out new opportunities and refining their skills. Silverman's advice serves as a reminder that success is not achieved overnight but through a combination of hard work, adaptability, and a willingness to take calculated risks.