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30-year-old turned her side hustle into a business that brings in $100,000 a year: ‘I’m so glad I bet on myself’

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By Parween Mander, 

In September 2021, when I was 27, I got laid off from my role as customer success manager after four and a half years working for a financial technology company. Luckily, I had been working on my side hustle since April 2020.

I started my money-coaching business The Wealthy Wolfe because I wanted to help what I knew first hand to be an underserved group of people: daughters of immigrants, who struggled with growing their wealth and were tired of advice from predominantly white male financial advisors who didn’t I don’t understand where they were coming from.

When I lost my job, I felt expendable and like I didn’t have any agency or ownership over my career. I didn’t want to go through that again. I realized there was no better time to go out on my own, so I took the leap.

I’m so glad that I bet on myself. At the end of 2020, I had made $6,300. It was a start. By the end of 2023, I had earned over $100,000 a year, for the second year in a row.

Here are three steps I took to turn my side hustle into a lucrative, full-time business.

1. I expanded my reach online

I knew that if I wanted to reach my ideal audience, I needed to meet them where they were. My online presence at the time was a very static Instagram page. Creating video content wasn’t something I was very comfortable with, so I decided to enlist an expert for help.

I hired a coach that specialized in marketing and TikTok, and started posting a minimum of two videos a day. I even recently had a video go viral. In it, I talk about the dynamics of lending money to immigrant parents and how that can affect your motivation to save for yourself.

TikTok leads have been responsible for 80% of my new one on one coaching applications. The other 20% of my leads come from Instagram, podcast interviews and writing about my personal experience with money.

Finding my niche, curating my content and getting my voice out there has helped me build trust with my audience and consistently bring in new clients. Between my Instagram, email list and TikTok, I currently reach a community of 44,000 people and counting.

2. I diversified my sources of income

Every month, I work with up to 15 clients in my three-month coaching program. My one-on-one coaching accounts for roughly 75% of my revenue, and I have two passive income streams with my digital workshops and my budgeting template.

I started taking on brand deals with several financial companies and running live corporate workshops about personal finance. Brands and corporate work aren’t always consistent, so I don’t rely on them as much as as the other incomes streams. But the exposure that has come from working with these organizations has definitely been beneficial for my business.

When it comes to conversations about money, women of colour are often missed by these big companies. I’ve found that this representation gap can lead to earning potential for creators like me in this space.

3. I focused on perfecting one service

Early on, I fell into a common side hustle trap, which was overdoing it and launching too many programs too fast.

In 2022, I started a group coaching offering after I had barely sold out my one-on-one coaching slots. It was confusing for an audience that was still getting to know me, and it was a lot of work to get it up and running.

Ultimately I stressed myself out, and I didn’t even have enough people to fill up the program.

Early on, I fell into a common trap, which was overdoing it and launching too many programs too fast.

I decided to cut my losses, and I removed the group coaching program entirely to focus on the one-on-one, and made sure to promote that one consistently throughout the year.

I have heard so many stories from my clients about the bad experiences they’ve had with financial experts who didn’t have the cultural context needed to make them feel seen and heard.

So when they sit down with me, the first thing I do is customize a plan that takes their lived experience into account, whether they need help budgeting, paying off debt or coming up with scripts to talk with their loved ones about money.

My one-on-one coaching brought in $100,000 in revenue alone last year, and I have worked with over 100 clients since starting my business. This tailored approach, and being able to focus on developing one signature program, has been crucial for my long-term side hustle success.

Feature Image Credit: Parween Mander

By Parween Mander, 

Parween Mander is the founder of the Wealthy Wolfe. She is a South Asian money expert on a mission to provide honest and relatable financial coaching for women of colour from immigrant upbringings through one on one coaching and mentoring. She is an Accredited Financial Counsellor in Canada and is a certified Trauma of Money Facilitator.

Sourced from CNBC

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How to find the easiest side hustle for you, says 27-year-old who’s tried dozens and brought in nearly $700K last year

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By Gili Malinsky

Cody Berman has been experimenting with side hustles for years.

The 27-year-old picked up his first side gig his freshman year of college when he founded a disc golf manufacturing company. After that “I started getting some freelance writing gigs during college,” he says. “Also did some tutoring, podcast editing, video editing, running affiliate marketing campaigns.” He says he made between $1,500 and $1,800 per month on his various hustles.

Even today, Berman juggles a series of moneymaking ventures including selling an online course about how to start an Etsy business and renting out spaces on Airbnb. “I am a dabbler by trade,” he says. In 2022, his various streams of income brought in nearly $700,000 altogether.

Having tried so many hustles, Berman’s gleaned a few insights about which might be easiest to pick up. Here’s his advice for anyone looking to dive in immediately.

‘Look at the skills that you have’

Given people’s different skill sets and even assets, the easiest side hustle is “going to be different for every single person,” says Berman.

For him, the easiest hustles to dive into were those in content creation, like podcast editing and video editing. That’s because he’d learned how to use editing tools for both out of personal interest and didn’t have to learn anything new to dive in. “I actually started my own podcast in July of 2018,” he says. And he realized they were skillsets he could monetize.

“Look at the skills that you have,” he says. Are you a solid writer? Good at graphic design? Adept at customer service? Consider what you’re good at and make a mental note of which of those skills you could lean into. Take inventory of your assets as well. Do you have a car? An apartment you could be renting out? A bike you could make deliveries on? Any of these can help you make money.

The idea is to use what you already have at your disposal as opposed to accruing new skills or buying something new. Leaning into what’s there means you’ll be able to dive in right away and with ease.

‘There’s always someone who’s willing to pay’

In terms of where to find outlets for your hustle, start perusing sites like Fiverr, Upwork, GigSalad, Lessonface, Thumbtack and TaskRabbit to see what people are doing in a similar field. An aerialist in Los Angeles is currently charging $600 and up on GigSalad. An interior photographer in the Catskills is currently charging $150 to $195 per project on Fiverr.

“There’s an unlimited number of opportunities now with the internet and all these different apps,” says Berman.

Berman also recommends looking to your immediate network or local businesses for side hustle opportunities. Say you’ve got a knack for social media. “There’s landscaping companies, there’s plumbing companies, there’s electricians that have no idea what they’re doing on social media,” he says, adding that, “if you come to them with a decent proposal, you can run social media for them.”

Ultimately, “there’s always someone who’s willing to pay for something,” says Berman, “you’ve just got to figure out what that something is” and whether or not it falls in line with what you have to offer.

Feature Image Credit: Disc golf. Source: Envato Elements

By Gili Malinsky

Sourced from CNBC make it

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Why newsletters are set to be the hottest side hustle of 2023

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By AJ Eckstein

Newsletters are being supercharged with brand money.

Have you noticed that at the end of almost every Tweet, LinkedIn post, or Instagram post, creators seem to be asking their audience to subscribe to their newsletter?

Newsletters have been around for decades, but have recently resurged in popularity and skyrocketed in value. In 2020, Insider purchased a majority stake in Morning Brew (which at the time had 4 million subscribers), valuing its business at $75 million. And in 2021, Hubspot acquired The Hustle (which had some 1.5 million subscribers) in a deal worth $27 million.

This trend of companies acquiring niche newsletters appears to be accelerating. This year, a crypto newsletter, Milk Road and its 250,000 subscribers was acquired, just 10 months after launching.

And newsletter distribution giants, such as LinkedIn, say the category is growing significantly. According to LinkedIn editor-in-chief Daniel Roth, “LinkedIn has 284 million total subscriptions (up 3x year-over-year) to 90 thousand different newsletters (up 5x year-over-year) among 64 million individual newsletter subscribers (up 2x year-over-year).”

Here’s why newsletters are set to be the hottest side hustle of 2023.

Newsletters give readers more intimacy

To put it simply, there is no marketing channel more intimate than a newsletter.

Newsletter audiences pay more attention than social media audiences, said Josh Kaplan, cofounder of The Publish Press newsletter, which covers topics impacting digital creators. “Newsletters offer 1-on-1 private communication with the creator (since you can just hit reply via email), whereas social media offers a public communication channel and is not as intimate,” said Kaplan via email.

In a world of increasingly cluttered marketing channels, newsletters offer a unique opportunity to reach your audience directly. Unlike banner ads or social media campaigns, which are often seen by a wide range of people, newsletters are delivered directly to the inboxes of people who have opted in to receive them.

Newsletters are being supercharged with brand money

The intimacy that newsletters offer is leading brands to invest heavily in newsletters through sponsorships and acquisitions.

Kaplan has seen a “huge appetite from brands wanting to sponsor our newsletter since brands see creators as the next class of small to midsize businesses. We are able to sponsor about 70% of our newsletter editions.”

The Publish Press (which has 60,000 subscribers) charges $7,000 for a primary ad slot and $2,000 for a listed ad, shared Kaplan.

The Rundown newsletter, which gives its 160,000 daily readers “the rundown” on the latest developments in AI, charges $2,000 for a main ad and $1,000 for a trending ad. Founder Rowan Cheung says there is “significant appetite for AI-specific sponsorships.”

Brands also love sponsoring newsletters due to guaranteed distribution—meaning, brands know their message will be received by consumers. Alex Valaitis, founder of the Big Brain newsletter, says there is “definitely a market out there for brand sponsorships, especially since with email you have guaranteed distribution versus unclear distribution with social media.”

Newsletters give writers ownership

This guaranteed distribution gives newsletter creators a unique level of ownership, which can be rare in the world of digital-content creation. Many creators have shifted to writing newsletters this year because of the allure of independence, said Kaplan.

“2023 brings a new class of creators . . . ones who don’t want to build solely on rented land,” he explained. “Owning an email newsletter offers more ownership over your audience, whereas social media platforms control your distribution and can be unstable.”

To be sure, many social media platforms have been especially unstable this year. From the Elon Musk takeover of Twitter to Montana banning TikTok, creators need to be extra cautious about relying too heavily on one platform. “It all comes down to ownership, which you can’t do with most social media platforms,” argues Valaitis. “Especially with all the turmoil going on with social media platforms, creators are preparing for the worst.”

Newsletters offer monetization options

Many creators are also focusing on diversifying monetization options outside of brand sponsorships, paid subscriptions, affiliates, and community memberships.

Cheung shares that “there are more monetization options today for newsletters. For example, Sparkloop enables newsletters to earn revenue for every subscriber they receive from another newsletter.”

Newsletters also give creators opportunities to sell physical products. Look no further than Gemma Roberts, founder of the Mindset Matters newsletter, who provides her 600,000 subscribers with tools and advice to help people thrive at work. Roberts turned her newsletter hustle into a physical book launch that’s a direct spin off of her newsletter.

Even newsletter distribution platforms have weighed in on the multitude of monetization options newsletter creators have today. Tyler Denk, CEO of Beehiiv, says that “there are several ways to monetize newsletters. With just a few subscriptions and an occasional ad, you can quickly turn a profit for your newsletter.”

Beehiiv helps creators monetize their newsletters through premium subscriptions. Denk shared that Beehiiv has facilitated $1 million in earnings paid out to newsletters in paid subscriptions and $100k paid out to newsletters for ads. The largest newsletters source their own ads, says Denk, adding that he believes these newsletters generated up to seven-figures in ad revenue in just the past year.

Having more intimacy with an audience, brand money flocking to this space, more ownership, and the ability to offer several monetization options are all reasons why I started my own newsletter, the Knockout Newsletter.

Creating a quality newsletter takes relentless consistency and dedication, yet the opportunity could not be hotter—it’s up to you whether you “subscribe” to the hype and take the leap.

Feature Image Credit: Getty Images

By AJ Eckstein

AJ Eckstein is a global speaker and writer focusing on Gen Z, career advice, leadership, and the future of work. He’s also the founder of The Final Round.

Sourced from FastCompany

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30 Best Side Hustle Ideas To Make Extra Money In 2023

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By Krista Fabregas

Side hustles are a great way to boost your income, plus they let you explore potential business ideas with little upfront costs or major time commitments. There are a variety of successful side hustle opportunities, whether in-person or online, so chances are there is a side hustle that could work for you. To help you find the right side hustle for you, here are 30 side hustle ideas.

1. Freelancing

Freelancing is a tried-and-true way to earn extra money and deserves a top spot on any list of easy side hustle ideas. Freelancers deliver work on a per-project basis for one or more clients and you can schedule it in your spare time. Freelance graphic designers, writers, editors and website developers are in high demand, and other fields offer freelance opportunities as well. Skilled mechanics, trained bookkeepers, video editors, interior decorators and even licensed real estate agents can find flexible project-based work within their skill sets.

Costs and platforms: Market your freelance skills to your personal network for free via email and social media accounts. You can also reach potential clients using freelancer portals such as Fiverr, Upwork and Freelancer.com, which handles project management and payments for you. Marketing skills on your own website adds professional polish, plus lets you offer convenient online invoicing and payments via Square or another online payment provider.

2. Pet-Sitting And Doggie Daycare

A pet-sitting side hustle is ideal for animal lovers and easy to set up and promote. You can provide in-home care for pets while owners are working or vacationing or keep pets in your home for daytime or long-term care. Some states and municipalities require permits, so research requirements in your area. You can also earn added income by marketing pet insurance to your clients.

Costs and platforms: Costs are minimal for in-home care, but initial setup in your own home might require investments in kennels or gates. Find clients and manage gigs using popular pet-sitting apps like PetBacker or set up your own bookings and payment system using Square’s free tools.

3. Dog Walking

Love dogs but don’t have enough free time for pet sitting or space to commit to a doggie daycare setup? A dog-walking service might be the right side hustle for you. This side hustle is easy to fit into a busy schedule and offers the added benefit of getting exercise while making extra cash.

Costs and platforms: Costs are minimal since owners generally provide leashes, but you might want to invest in a few leashes and waste bags. In urban areas, you can find dog walking gigs using Wag!, TimetoPet and Rover, or manage your own bookings and payments using Square’s free tools.

4. Tech Setup Services

Are you a tech whiz when it comes to setting up home networks, smart home devices, computers and cell phones? You can easily make extra cash by marketing these skills to your community via social media and handyman apps. You can also seek tech certifications, and provide insurance and bonding to boost your credibility for in-home services.

Costs and platforms: Startup and ongoing costs are minimal, however, you might need to invest in a few tools to help with installations. Find and manage gigs using handyman application like HelloTech or set up your own bookings and payments using Square.

5. Blogging

If you enjoy writing and sharing information with people, consider starting a blog focusing on a niche that interests you, such as travel, food, beauty or fashion. As you attract traffic, you can monetize the blog with ads or affiliate sales. Ads pay per view or per click while affiliate sales pay you to promote a product or service. When someone clicks on an affiliate link, you get paid a commission if they complete a purchase.

Costs and platforms: Expect to spend around INR 4,110 to around INR 8,220 per year to run a basic blog. You’ll need to buy a domain and build a blog website using a WordPress hosting service or web builder platform such as Wix or Squarespace. All offer user-friendly design tools and attractive blog templates so you won’t need to pay a designer or developer.

Learn more: Review the best blogging platforms on the market to find the right fit for your needs.

6. Senior Sitting and Companion

With advances in in-home senior care, more families are keeping aging relatives at home. This opens up side hustle opportunities for anyone looking to make extra cash as a companion or sitter while primary caregivers are away. To add credibility to your services, you can take CPR and Activities of Daily Living (ADL) courses.

Costs and platforms: This is a very low-cost side hustle. You can market your services and manage clients on care-based apps like care24 or set up your own bookings and payments using Square.

7. Babysitting and Child Care

Babysitting and in-home child care are in demand, and this side hustle is a great way to earn extra income in your spare time or on a set schedule.

Costs and platforms: Babysitting is another low-cost side hustle. You can market your services and manage gigs and payments using an application like 2050 HEALTHCARE, or set up your own bookings and payments using Square.

8. Personal Assistant

Busy professionals need help getting day-to-day tasks done, and many prefer to have one person handle it all rather than juggle various service apps. This is an excellent opportunity for a side hustler who loves to check all the boxes on a to-do list, from grocery shopping and dry cleaning pickup to dog walking and getting kids to their destinations.

Costs and platforms: You can launch a personal assistant side hustle with few costs. However, in nonurban areas, you’ll probably need a vehicle. Top gig and payments apps for personal assistant services include ChatterBoss or you can set up your own bookings and payments using Square.

9. Mobile Car Washing and Detailing

Car washing is another low-cost side hustle and an ideal gig for anyone who loves working outdoors. You can offer this service to individuals at their homes, or contract with local businesses that run fleet vehicles or that want to offer weekly car washes as an employee perk.

Costs and platforms: Cleaning tools, a sturdy hose and nozzle and a vehicle are the primary startup costs for this side hustle idea. Top mobile car wash gigs and payments apps include CARFAX Car Care, Drivvo and AUTOsist, or set up your own bookings and payments using Square.

10. Local Handyman

Are you the first one friends call to fix a light switch or hang a ceiling fan? Cash in on your handyman skills in your spare time while helping your neighbours check home improvement tasks off their to-do lists. To protect yourself and your clients and boost your credibility, you can become insured and bonded, but that’s not a requirement in most areas.

Costs and platforms: Costs are minimal for this side hustle, especially if you already have the tools of the trade. Handyman apps like UrbanClap help you market and manage gigs and payments, or set up your own bookings and payments using Square.

11. Virtual Assistant

Virtual assistants provide personal assistant services in the digital world and handle tasks including appointment scheduling, customer emails, travel bookings, data entry and much more. If you’re organized and tech-savvy, this side hustle is an ideal way to make money from home in your spare time.

Costs and platforms: You’ll need a reliable computer and internet connection, but those are your only costs to this side hustle. Virtual assistant apps including TaskRabbit, ChatterBoss and Upwork help you market services and manage gigs and payments. Or, manage bookings and payments using Square.

12. Sell at Local Markets and Festivals

Many product-focused side hustlers profit by selling unique goods that they source or create themselves at local markets and fairs. With travel time to markets and setup, this can be a time-consuming side hustle, but if you love getting out and mixing and mingling with people, it can be the perfect way to make extra money on the side. Plus, you can use these in-person sales to build brand awareness and promote your online store and social media platforms to attract sales between market appearances.

Costs and platforms: Startup costs for in-person product sales can range from a few hundred dollars to thousands since you need to stock your booth. You can lower your initial investment by sticking with suppliers that support returns of unsold goods, or by offering custom-order items that don’t require deep stock. Faire is an excellent source of unique resale and private label items and supports returns of unsold stock. You can also open a free Square account to accept in-person card payments, track sales in a sleek mobile POS and integrate with online sales on your own Square e-commerce website.

Learn more: Most top-rated POS systems fully integrate in-person mobile, retail and online sales so you can sell anywhere using one system.

13. Tutoring and Instruction

Do you have academic, musical, fine arts or sports skills? Tutors and personal instructors are always in demand, opening up all sorts of flexible side hustle opportunities. You can market in-person and virtual instruction services to parents looking for convenient sessions for kids, but don’t forget about adult students. Adults love to expand their horizons and can often attend sessions during school hours if that’s better for your side hustle schedule.

Costs and platforms: Startup costs are minimal in most cases, and apps and online platforms like TakeLessons.com help you market services and manage gigs and payments. Or, manage bookings and payments yourself using Square.

14. Self-Publishing Ebooks

Self-publishing ebooks is another side hustle idea that’s perfect for writers, but you don’t need to be a skilled wordsmith to cash in on this opportunity. If you can craft a creative story or explain how to do something, you can hire ghostwriters and editors to complete and polish your work. Then, you simply publish to Amazon’s Kindle Direct Publishing and other ebook platforms such as Smashwords, Barnes & Noble Press, Lulu and others, and wait for the royalties to roll in.

Costs and platforms: Self-publishing ebooks can be very low-cost if you write your book and develop your own cover art. But most serious authors tap cover design and editing pros for the finishing touches and spend upwards of around INR 8,220 per title to publish. Ghostwriters can cost around INR 16,440 or more to develop a complete manuscript, based on book length and topic. Publishing to most ebook platforms is free, but these outlets take a percentage of the sale price, plus marketing adds costs as well.

15. Online Courses and Coaching

Do you have an area of expertise? You can cash in on your knowledge by creating and selling online courses and coaching programs in your spare time. Thanks to user-friendly, low-cost online course platforms, this is another side hustle idea that’s easy to launch. Plus, combined with social media marketing, ebooks, YouTube promotion and blogging, online courses and coaching side hustles can grow into a lucrative business.

Costs and platforms: Online course platforms such as Udemy, Thinkific and Podia walk you through the course creation process and help you pair courses with personalized coaching. Most have monthly fees or retain a portion of the fee when you sell a course. You can also add online courses and members-only content to website platforms including WordPress, Squarespace, Wix, and others to create your own branded platform.

16. Digital Product Sales

Do you have a creative streak? Creating and selling digital products in your free time is another low to no-cost side hustle idea. Digital artwork, logos, music, photography, video and website design templates are a hot market You can cash in by creating these digitally and selling via download on your own website, social media platforms and myriad digital product marketplaces.

Costs and platforms: You can create digital products using your own graphic, photo, video or music software, or tap free online platforms such as Canva, PhotoPea and the Garageband app for creation. Monetize your creations on your own website or an Etsy store, and by uploading to creative marketplaces including Canva, Envato Market, Creative Fabrica, Shutterstock, iTunes, SoundCloud and many more.

Learn more: Many top e-commerce platforms support all types of digital product sales.

17. YouTube Channel

YouTube side hustles are a great way to make money in your spare time by sharing what you know, discussing current events or providing entertainment. YouTube is free to use, and you can monetize YouTube videos once you’ve reached at least 1,000 subscribers and average over 4,000 video watch hours per year. This can take a while to achieve, but with work, it’s possible to earn many thousands each month. Many dedicated side hustlers have turned their YouTube channel into a highly profitable full-time gig.

Costs and platforms: YouTube is free to join and you can upload unlimited videos for free. You can also create videos for free using a smartphone with a good camera and free video editing apps such as iMovie, Loom, Canva and AdobeSpark. To grow your YouTube channel, you can tap low-cost YouTube ads and share videos on your blog and social media accounts.

18. Viral Social Media Creator

Viral social media content takes many forms and you can cash in if you know how to create it. Top platforms such as Facebook, TikTok and Instagram have creator programs that let you monetize edgy entertainment shorts, helpful how-to’s, commentary videos and more. You need high-volume views to earn money, but it’s a fun and low-cost side hustle idea with big income potential.

Costs and platforms: This is a no-cost side hustle opportunity. Social media platforms are free to join and let you upload unlimited posts and videos. Most platforms provide their own free post and video creation tools, too, so you just need a cell phone with a camera to get started.

19. Influencer Marketing

Successful influencer marketers build a brand by posting engaging content across multiple platforms such as an affiliate website and blog, podcast channel, social media accounts and a YouTube channel. Influencers earn money using all types of content, such as product reviews and suggestions, entertaining videos, how-to tips and tricks, edgy social commentary and much more.

You can launch an influencer brand as a side hustle and earn money through affiliate links, ad income and sponsored content and monetize videos when views and followers reach certain levels. For example, earning money on YouTube requires 1,000 channel subscribers and 4,000 hours of views per year, while Facebook Reels profiles require 100,000 reel plays within 30 days to pay out.

Costs and platforms: It costs nothing to start an influencer side hustle on social media and YouTube since those accounts are free. You can also launch a free or low-cost website and blog using WordPress, SquareSpace, Wix and other website platforms, then upgrade your storage space and features as you grow.

Learn more: Using the right SEO tools across all channels helps boost your brand’s reach.

20. Create a Podcast

Podcasting is another popular low to no-cost side hustle idea that’s easy to launch and build. Podcasts are pre-recorded audio files that you record, edit and upload to podcasting services so listeners can access them at their convenience. Podcasts can be monetized through ads, sponsored content, affiliate links in the podcast descriptions and paid subscriptions.

Costs and platforms: You can record and edit a podcast with audio recording apps built into your smartphone, tablet or computer, then upload them to channels you create on platforms including iTunes, Anchor, Spotify and many more. Some have free plans, and most offer premium paid plans that support earnings via paid listener subscriptions, downloads and ad revenue splits.

21. Become an E-Commerce Reseller

Many successful side hustles centre on classic e-commerce, where you buy, stock and sell a collection of items from multiple vendors yourself. This side hustle does require more upfront investment and time than other side hustle ideas listed here. However, plenty of entrepreneurs grow full-time businesses out of this side hustle. You can also boost income by combining standard e-commerce sales with POD goods, dropship products and affiliate blogging income.

Costs and platforms: Startup costs for this side hustle can range from around INR 41,292 to INR 412,836 or more, depending on initial stock purchases. However, a top-rated e-commerce platform won’t set you back too much. Starter plans on Shopify, WordPress with WooCommerce and Weebly by Square range from free to just around INR 2,394 per month.

22. Take Online Surveys

Many marketing research companies are happy to pay for your opinion on various products, systems and topics. This side hustle idea doesn’t help you build your own business, but it’s an easy way to make extra cash in your spare time. Most survey outfits have you create an online account and connect a PayPal, Venmo or CashApp account for payment. Then, you can search and sign up for surveys that interest you via an app or online dashboard.

If selected, you complete the questionnaire or project and typically get paid within a few days. Many surveys pay around INR 165 to INR 825 for a few minutes of your time, others pay upwards of around INR 8,256 for in-depth product reviews or questionnaires.

Costs and platforms: This is a no-cost side hustle idea. Legitimate survey groups such as User Interviews, Survey Junkie and Dscout have no upfront or monthly fees. However, reviewing and applying for various opportunities can be time-consuming. To avoid wasting time, check survey or project descriptions to ensure you fit their target demographic.

23. Test Apps and Platforms

Market research firms, app and game developers and website designers seek users of all technical skill levels to review their platforms and provide user feedback. Like online survey side hustles, testing apps and platforms doesn’t help you build a business. However, with pay-outs of around INR 825 to INR 12,385 or more for a few minutes or hours of your time, it can be quite lucrative.

Costs and platforms: This is another no-cost side hustle idea since it costs you nothing to apply for legitimate testing opportunities. Swagbucks, UserTesting and Enroll are a few of the top app and software platforms to check out.

24. Sell Artisan Products

If you love painting, woodworking, baking, sewing, knitting or crafting other handmade goods, you can cash in on your passion by selling artisan products in your spare time. To earn money with this side hustle idea, sell your ready-made or made-to-order handcrafted goods online and at local fairs and markets.

Costs and platforms: This side hustle idea has upfront costs for supplies and tools, but you can market and sell online with little to no upfront costs using Etsy, your own e-commerce website and social media accounts. If you plan to sell both online and in-person, consider Square or Shopify. Both offer sleek systems with fully integrated online stores, retail POS apps and mobile card readers.

25. Sell Goods Via Dropshipping

Dropshipping lets you build a robust e-commerce store without worrying about purchasing, stocking and shipping the items you sell. With dropshipping, you only pay for the items you sell when a customer makes a purchase. The dropship vendors take care of all storage, packing and shipping details, then charge you the item’s wholesale and shipping costs per order. Dropshipping can be a time-consuming side hustle since you manage your own website and customer service, but it’s the cheapest and easiest way to break into e-commerce sales.

Costs and platforms: For this side hustle, you need a good e-commerce platform that integrates with dropshipping vendors, such as Shopify, WordPress with WooCommerce and BigCommerce. Proven dropshipping suppliers including Doba, AliExpress and Sprocket are the best place to start building your product collection.

26. Sell Print-on-Demand (POD) Products

Do you like to create fun graphics and sayings or have a talent for illustration or photography? You can turn your creativity into extra cash by adding your creations to various POD products, such as tee shirts, mugs, pillows, wall décor and much more. This side hustle idea is a cousin to dropshipping because the POD vendor takes care of all the details for you. You simply upload your artwork and add it to various items available for print to build a product collection. When ordered, your POD vendor prints, packs and ships the item and charges you the wholesale cost and shipping fee.

Costs and platforms: Like dropshipping, you need an e-commerce platform that integrates with POD vendors such as Shopify, WordPress with WooCommerce and BigCommerce. For POD items, start with proven suppliers including Printful.

Learn more: Shopify is a user-friendly e-commerce platform that integrates with most top-rated POD vendors.

27. Self-Publish Print-on-Demand (POD) Books

Are you a writer or illustrator or interested in capitalizing on the latest innovation in self-publishing? Then POD books might be the right side hustle for you. POD books cover the full spectrum of printable books, from novels and nonfiction to notebooks, planners, cookbooks, colouring books, puzzle books and more. You can create books using free or low-cost online tools, then upload the digital files to POD book sales platforms. When a customer purchases your title, the sales platform prints and ships the physical books and pays you a royalty.

Costs and platforms: Several free and low-cost platforms make it easy to create POD book files, including Canva, Reedsy and the BookBolt Studio. It costs nothing to list your titles with top POD bookseller platforms such as Amazon Kindle Direct Publishing (KDP), Lulu and IngramSpark. Printing and shipping costs are charged when a book is sold, so you have no upfront print fees for this side hustle idea.

28. Sell Products Using Retail Arbitrage

Are you a savvy shopper who can sniff out a deal and isn’t afraid to do a little price research? Then retail arbitrage might be the side hustle idea for you. In retail arbitrage, you buy clearance and markdown products from retail stores, then sell them online at a higher price. If you’re willing to check out local sales, compare prices on Amazon and other online marketplaces, and invest a little money purchasing goods, this side hustle can be a real cash cow.

Costs and platforms: The retail arbitrage side hustle comes with upfront costs in purchasing and shipping products, and some time commitments running to stores and comparing prices. However, free and low-cost price checker apps include Amazon Seller App help you make smart buys.

29. Sell Proprietary Goods

If you have an idea for a product and don’t mind making an upfront investment, you can contract with factories to create proprietary goods. Many side hustlers simply find a product that already exists, make a few improvements, and produce it at a reasonable cost. You can wholesale these goods under your own brand to retailers, plus sell directly to consumers on your own website, on Amazon, and through social media marketplaces.

This is another side hustle idea that has launched many successful businesses, but it does take research and work to get it right.

Costs and platforms: Startup costs for this side hustle can range from a few hundred dollars to thousands, depending on your product design needs and factory order, but that’s the primary cost. Searching for factories and custom suppliers on Alibaba.com costs nothing, and e-commerce platforms such as Shopify, WordPress with WooCommerce and Weebly by Square range from free to just around INR 2,394 per month.

30. Sell Private Label Products

Many side hustlers create unique branded goods using private label suppliers. These are products that a factory already makes, but will package it using your logo, labels and unique packaging specifications. This supplier method is especially suited to a side hustle since most private label sellers have lower order minimums than ordering proprietary goods direct from a factory.

Private label products let you build a complete grouping of items such as a cosmetic line, kitchen tool collection or gourmet food brand without a huge cost investment. Like most other product side hustle ideas in this section, you can wholesale private label goods or sell directly via your own website, social media profiles and marketplaces such as Amazon.

Costs and platforms: Startup costs for a private label side hustle can range from a few hundred dollars to thousands, depending on the items you’re purchasing. However, some suppliers offer returns on unsold items and dropshipping, which lowers your investment. Check out private label goods on Alibaba.com and sell via a low-cost e-commerce website using Shopify, Weebly by Square or WordPress with WooCommerce.

Side Hustles to Avoid

Some side hustles seem like great money-making opportunities. But in reality, many require hefty investments of time, money or both, and deliver limited returns without a serious commitment. Here are some red flags to watch out for when considering side hustle opportunities and gig work.

Hustles That Require Licensing or Certification

Salon services, real estate sales and certified accounting and tax prep services are often touted as top side hustle ideas. While these fields can be very profitable, you must have the required education and licensing or certification. To get this, you’ll spend anywhere from around INR 41,286 to INR 825,760, or more, to complete your initial education, plus pay initial and annual licensing fees in most states.

If you’re hoping to build a career in these fields, this investment can be worthwhile. However, it’s a considerable time and cost commitment with no guarantees if you just want to make extra cash.

Multi-Level Marketing (MLM) Schemes

MLM companies are skilled at convincing you of easy money and big profit potential, and there certainly are many who do well in this model. However, you should carefully research any MLM opportunity’s required costs and product investment—which can be hefty—and examine their sales and profit model. In most cases, you’ll only profit if you build a large team of downstream salespeople, and that takes ongoing time and effort.

If high-pressure sales are your thing, an MLM side hustle might work for you. But if not, you might end up with a stack of unsold items that you can’t return, and no profits to speak of.

Side Hustle Coaching Programs

As you explore various side hustle ideas, you’re sure to stumble across coaching programs that tout untold profits and promise to help you quickly succeed. This is another group of skilled marketers who know how to convince you to pay INR 100s or INR 1000s for their “foolproof” system. While some coaching programs offer sound techniques and good advice, none are a ticket to quick riches.

Before paying for any coaching program, explore YouTube, Google and Kindle Unlimited to find free videos, how-to articles and e-books for the side hustles ideas that interest you. In most cases, you can find plenty of free information to help launch and grow your side hustle.

Bottom Line

Side hustles are a great way to earn extra income, pursue a passion or launch a new business in your spare time. With so many side hustle opportunities, it’s wise to explore the options to determine which hustles fit your skills, goals, budget and available time.

No side hustle is a guaranteed success or get-rich-quick scheme, despite what some clever marketers and coaches claim. Like any business, a side hustle requires attention, commitment and follow-through. But done right, they offer great profit and growth potential, and can even turn into a full-time gig.

By Krista Fabregas

Reviewed by Kelly Main

Sourced from Forbes

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How To Start a Newsletter Side Hustle: 6 Tips To Grow a Profitable Email Following

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By Ashley Simpson

Do you have a knack for writing that you want to harness into a really cool business model that earns substantial cash? A newsletter side hustle might be just the thing to put those writing skills to the test and move beyond basic email marketing.

You can encourage subscribers and scale your income off of minimal time invested.

If you have been thinking about what you could do to earn a little (or a lot of) extra cash, here is what you need to know about this growing trend and business model.

Let’s dive right in!

Why Do You Need to Start a Newsletter Side Hustle?

Before we can get into the nuts and bolts of starting a newsletter side hustle, let’s take a quick minute to define what the business model is. A paid newsletter is one where you create exclusive content for your audience in exchange for a monthly subscription fee.

You only need to write the newsletter once, but you can send it to an infinite number of your subscribers.

Paid newsletters don’t require you to run paid ads within the content, though this can improve your overall income even further. Unlike social media and other forms of advertising, you have complete control over what you write about and how many people see it.

So why start a newsletter side hustle?

The easy answer here is that you invest a certain number of hours in creating content on a weekly or monthly basis. No matter how many subscribers you have, you spend the same time investment. It makes for some seriously scalable income that will line your pockets – if you’re able to create content that people care enough about.

Tips for Creating Paid Newsletters

With that out of the way, it’s time to turn our attention to how you can create a paid newsletter in just a few simple steps.

1. Define Your Niche

Similar to starting a blog or a personal website, you need to know what you want to write about. You should pick a niche that you know a lot about or covers something you are passionate about.

For some people, this might be personal finance, while for others, it could be writing tips or productivity hacks.

If you need a little help finding your niche, it is very similar to finding a topic you are excited about when it comes to blogging. See our full guide on how to find a blog niche here.

2. Creating Exclusive Content for Paid Subscribers

With some email marketing, you might send out reminder emails each time you post a new blog article. While this type of marketing is important, you need something exclusive for an audience that is paying to hear from you.

Your target audience wants relevant content, and they want it for a reasonable fee.

What kind of content could you put together for premium subscribers?

Take a look at some of the possibilities found here:

  • Interviews with industry experts or exclusive podcast content
  • Worksheets, habit trackers, and other tools to help them grow
  • Video updates about a project that you’re working on
  • Access to a private Discord server or Slack channel
  • Ask me anything sessions
  • Events just for subscribers
  • Early access to new product sales

3. Setting a Schedule and Expectations

One of the first things you’ll need to do to make more money with your newsletter side hustle is to determine your schedule. How often will you release new content to your audience, and when can they expect it?

When someone is paying for access to you, they want to know what they can reasonably expect to get in exchange.

You should know how often you’ll send out a new edition, what day you’ll send it out, and even what time your audience can expect to receive it. Many people will wait anxiously by their email inbox, waiting for your deliverable. Make sure you don’t disappoint them by missing a promised arrival.

4. Create a Simple Landing Page

Landing pages are important for finding an audience for your paid newsletter and connecting with your target audience. This is where people will find you, and it isn’t as simple as just setting up a YouTube channel.

You’ll need to write persuasive copy that tells people exactly why they want to subscribe to your newsletter. Why should they trust you, and what will they actually receive?

This is also a great place to display reviews and testimonials from your existing audience. Any form of social proof that you can offer puts you one step closer to cashing in on the free money that your audience will give you in exchange for your written content.

As a bonus, you might take out paid ads to direct people to this page. It gets you more eyeballs on your paid content and makes you more visible in the search engines. It may not be as great as finding free subscribers, but it’s a great way to jumpstart your newsletter.

5. Focus on Building Your Email Marketing List

When it comes to a paid newsletter, some people might want a taste of what they’ll be getting before they part with their credit card information. Your email marketing list is a great way to reach more people and start to earn more money.

If you can build your email marketing list, you will have a captive audience already warmed up to you, your brand, and what you have to offer. They are one step closer to actually paying for your exclusive newsletter subscriptions.

6. Tracking Metrics for Success

It isn’t enough to simply send out an email marketing blast and hope people will sign up for your latest big business idea. You also have to keep tabs on the performance metrics of your newsletter.

Here are just a few of the things that you will want to track:

  • Conversions from your landing page to subscribers
  • Growth of your email subscribers list
  • Delivery rates
  • Return on investment
  • Referral traffic

Pricing Your Newsletter Side Hustle Properly

If you want to earn a source of recurring revenue by producing high-quality content, you need to ensure that you are pricing it appropriately. It sounds like a simple idea, but you need to be mindful of how you price your paid newsletter.

How much are people willing to spend on this type of content that isn’t available any other way?

First, you need to consider how long it takes you to create content and how often you will release it. A newsletter that only comes out once a month will go for a lower rate than one sent out twice weekly.

In other words, you need to know how often email subscribers are expecting to hear from you.

Second, you should factor in the costs associated with reaching your target audience. That might mean paid ads and the cost of your platform. It also means creating a living wage for yourself and the time you invested.

According to Convertkit, the average price of a paid newsletter is $11 a month. You may want to keep that in mind as you think about your pricing.

Why You Should Have a Free Version Too

Of course, not everyone is going to spring for the paid version of your newsletter right away. You should also put out a free version that gives people a taste of what you have to offer. This warms them up to your style and content.

If creating two different newsletters is too much work for you, you can also provide your audience with free content via a YouTube channel or a blog.

Once they get a glimpse at how beneficial your content is, they are more likely to part with their money for your paid subscription. Provide as much value as you can with a newsletter idea, and you’re more likely to see your email marketing pay off in the form of subscribers.

The question is: how do you make money with a free newsletter?

How to Generate Revenue with a Free Option

If you’re going to send out a newsletter, you should make sure that there is an opportunity for you to earn free money. This can happen in a couple of different ways: affiliate marketing and sponsored content.

Affiliate Marketing for Free Newsletters

Affiliate marketing is a legit way to promote goods and services for another brand. For example, let’s say that you run a personal finance newsletter. You might refer people to a high-yield savings account. The bank might then give you a small sum for each customer that opens an account.

You can do this with just about any item on the market.

Even Amazon has an affiliate program that allows you to tap into their massive storefront and earn real money for items you sell to your audience. Tap into their purchase history to see what types of items are more likely to go over well with your customers.

Sponsored content is another way to make money with your email marketing. Building relationships with other brands will open the door to sponsored content. You can send a few emails with designated sections about services that your audience needs: checking accounts, savings accounts, and investment opportunities (in keeping with our personal finance example).

Partner with brands offering these items and other stuff your audience truly wants or needs.

Of course, you can also use sponsored sections for your own products. You can alternate sponsored content with other brands and those offered by your own small business such as a digital product that your audience can download.

This type of content is an excellent side project that gives you a great opportunity to make money.

Tools for Creating Paid Newsletters

How do you start to create a premium version of your soon-to-be award-winning newsletter? You need your first subscribers; these platforms can help you get started quickly and easily.

Substack

Perhaps the most well-known option for an in-depth email newsletter is Substack. They allow you to create email newsletters quickly and easily, even if your email list is currently on another platform.

They can help you format and juggle both a paid and a free newsletter so that you can keep all your operations under one platform. Focus more on the writing and less on the tech side of things.

Better yet, you get to keep more money in your pocket. Unlike some other large organizations, Substack only takes a 10 percent cut of the profits, making this a great way to earn extra money in your spare time.

Convertkit

Many small businesses trust Convertkit for their email marketing. And you can also use it to create paid email newsletters that make money for your own brand. It’ll take care of everything for you except the writing.

Some of their users say that they start earning upwards of a thousand dollars within a single year of using the platform.

Transaction fees are kept low for these email newsletters, starting at just 3.5 percent and $0.30 per transaction.

See our full Convertkit review here.

Kajabi

Most people know of Kajabi for their online course creation, but they can help with email newsletters as well as other types of digital products. If you want to make money with a luxury travel newsletter idea or something else, Kajabi is an all-in-one platform that is simple to use.

They handle recurring revenue so you can focus more on the small business side of things instead of the tech side of your email newsletters.

Pricing starts at $149 per month for access to their robust platform. But be sure to check out our comparison of Kajabi vs Kartra to learn more about the platform!

Newsletter Side Hustle Success Stories

Sometimes, success stories can give you great ideas for how you can make money with a new venture. Here are some successful ways that newsletter content creators have leveraged this tool to increase their income:

Final Thoughts: Is a Newsletter Side Hustle Right for You?

A newsletter side hustle can be a great way to make money apart from the more traditional avenue of creating digital products. If you can convince subscribers to sign up for recurring access to your content, there are tons of ways that you can make money from your marketing efforts.

Whether you decide to launch a free version or a paid version, these tips will help you make more money doing the writing you love on topics you’re interested in!

By Ashley Simpson

Ashley is an experienced freelance writer with an enthusiasm for finding creative ways to earn money online. She uses her passion for words to share what she has learned with the world.

She spends most of her time blogging for a multitude of websites and consuming everything she can get her hands on in relation to personal finance and side hustles.

Sourced from Niche Pursuits

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Want a Side Hustle? Here’s One That Will Pay You $100 an Hour — to Do Something You Probably Already Do.

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By Amanda Breen 

You don’t even have to leave your couch — or stop scrolling.

If you’re looking for a side hustle that takes minimal effort and can be done from the comfort of your couch, look no further.

Influencer-marketing company Ubiquitous is looking for three “professional TikTok watchers,” who will be paid $100 an hour to view videos on the platform for 10 hours — making a cool $1,000 to pinpoint new trends “in the field,” according to the company’s site.

Competition for the job’s likely to be fierce: As of March, TikTok, which is owned by Chinese company ByteDance, claimed 150 million U.S. users amid increasing concerns surrounding national security, NBC News reported.

Ubiquitous is banking on users’ collective urge to scroll and earn some extra cash. The company’s ideal applicant will be familiar with TikTok, have an eye for upcoming trends and be at least 18 years old.

The platform has helped launch a range of viral moments over the years — including work-related trends like quiet quitting and bare minimum Mondays.

When the 10-hour TikTok watch session’s complete, the lucky side hustlers will tag Ubiquitous on their social media platform of choice and recap their experience; they’ll also fill out a document to record the emerging trends they discovered.

Those who meet the criteria can apply on the company’s site by May 31 for consideration, and hopeful side hustlers who tweet why they deserve the job (and tag Ubiquitous) “will receive priority consideration in the application process.”

Feature Image Credit: SOPA Images | Getty Images

By Amanda Breen 

Amanda Breen is a features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Sourced from Entrepreneur

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How to Start a Side Hustle in 7 Steps

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By Bola Sokunbi

Side hustles allow you the opportunity to learn new skills and explore new career paths—all while building an extra income stream.

Investing in your career is the smartest financial decision you’ll ever make. Why? Because it affects your earning power long-term. And investing in your career can mean creating an extra, or multiple, streams of income. A side hustle can be the first step toward significantly increasing your net worth: Side hustles give you the opportunity to learn new skills and explore new career paths, all while building an extra income stream.

I talk about starting my business, Clever Girl Finance, in my new book Choosing To Prosper: Triumphing Over Adversity, Breaking Out of Comfort Zones, Achieving Your Life and Money Dreams (opens in new tab). The steps I’m sharing with you were critical in the early stages of building my business, which I started in 2015. As you read, you’ll notice that “breaking out of comfort zones” is a central theme to launching a side hustle, because it involves adopting entirely new work habits and mindsets that differ from a traditional full-time gig.

If you want to start a side hustle, it’s entirely possible. But getting your new side hustle off the ground can be a challenge. If you’re struggling to get your side hustle moving, follow the steps below. With the right framework in place, your new venture could boom faster than you think.

Step 1: Evaluate Your Options

When starting a side hustle, it’s important to find one that suits your interests and your availability. Otherwise, you could face serious hurdles as you attempt to get the business off the ground.

Take a realistic look at the time you have available for a side hustle. Look for gaps in your schedule and ask yourself when you’ll have the time to build out this dream. Some jobs are more flexible than others. For example, graphic design can be done remotely and at any time, with respect to deadlines. But a marketing consulting job might require some face time and phone meetings during the traditional 9-to-5 work cycle.

Beyond your time constraints, find a side hustle that excites you. If you aren’t interested in any aspect of the business, you are less likely to commit time. For example, if you don’t enjoy the inner workings of the human body, then building out a medical writing business is probably not a good fit, no matter how lucrative.

Once you have an idea for your side hustle, it’s time to create a business plan. A business plan will serve as the road map to your goals. Before you shy away from drafting this document, keep in mind that it doesn’t need to be super long. Even if you just write down realistic goals for your business, that’s a good place to start. If you want to really get your feet wet, research your competition, visualize potential customers, and choose an operating model that works for your goals. Additionally, make sure to nail down your initial products or services.

Step 3: Explore Business Entity Options

Before you jump into selling your product or service, pause to determine the right business entity structure. Without the proper legal structure, you’ll miss out on legal protections and tax benefits.

The main options include: a sole proprietorship; partnership; limited liability company (LLC); or corporation. Each offers different levels of legal protection and comes with various tax implications. A sole proprietorship offers the least amount of personal liability protection but is inexpensive to start. Corporations offer their owners the most legal protections. But the setup costs and ongoing legal maintenance expenses are higher for corporations. As a business owner, you’ll need to decide which balance of legal protection and cost is right for you.

Step 4: Take Advantage of Free Resources

When starting your side hustle, learning is the name of the game. Knowledge is truly power as you embark on this journey. The good news is that there are countless free resources available to side hustlers. With the help of the Internet, you can learn about almost any topic under the sun, like how to start a fashion line, podcast, or food business. Take advantage of that opportunity! Whether you need to learn new skills or understand the basics of business structures, look for free resources right at your fingertips, including blogs, podcasts and YouTube channels. There are also free online classes, webinars and day-long summits for specific topics. Check out learning-oriented platforms like General Assembly, the SBA (Small Business Administration) Learning Center, and Fiverr Blog (opens in new tab).

Step 5: Find Funding

Regardless of the side hustle you create, you’ll likely need some funding to get off the ground. In some cases, you’ll just need a few hundred dollars to get the ball rolling for some fundamentals, like a website. But other side hustles, especially those that involve physical property, materials, and equipment, can be more cash intensive.

Self-funding is the first option to consider. If you can avoid taking on debt, your business will benefit. Consider setting aside a portion of your regular income to devote to building your side hustle.

But self-funding isn’t the only option. Crowdfunding is a useful way to get the funds you need while testing out a product idea. You can also raise money from family, friends, and angel investors. Or you can choose to take out a bank loan. But this, too, comes with risk. Risks to keep in mind when taking on friends and family and/or angel investors include:

  • Depending on how much money you raise, you might have to give up a significant amount of ownership and even controlling interest in the business.
  • If things don’t work out, you risk strained relationships with your friends and family, and/or investors.

The right funding option will vary based on the side hustle you choose.

Step 6: Set a Schedule

A realistic schedule is key when building a side hustle. Without a set schedule, it will be difficult to make time for your new venture.

Start by determining how much time you can realistically devote to your side hustle. In addition to considering your day job, you’ll need to think about your other responsibilities like caring for a family, pet, household, and, most importantly, your own wellness and health regimens, be it cooking for yourself or exercising. Figure out what will work for you. For example, you might realize that you can only commit time to your side hustle in the evenings or weekends. Or, you might decide to carve out newfound time by getting up earlier every day.

Try to be realistic about the amount of time you have available in your week. If there isn’t room for your side hustle right now, consider what you could cut out of your existing obligations to make space. But don’t forget the nourishing importance of having a personal life and hobbies. Once you have an idea of the number of hours you can work, use a calendar to map out your days. When you have an appointment for working on your side hustle marked on your calendar, it’s easier to stick with the plan.

Step 7: Stick With the Side Hustle

When starting a business, it can take some time to gain traction. Although everyone wants to be an overnight success, that’s not always feasible. Don’t give up on your side hustle too easily! Set realistic expectations for benchmarks to hit on your way to big dreams.

For example, let’s say you are starting a service-based business. You could set the goal of landing one client in your first month. Of course, you have plans to keep growing. But checking off smaller goals along the way can help you stay motivated.

Side Hustle Ideas to Get You Started

The amazing thing about side hustles is the sheer number of options. You can turn almost any interest under the sun into your side hustle.

It’s best to combine a personal passion with your best and current skillsets. A few popular side hustles include:

  • Dog walking
  • Babysitting
  • Freelance writing
  • Web designing
  • Consulting
  • Hosting on Airbnb
  • Delivering groceries with Instacart
  • Cleaning homes

But less common side hustles can still be lucrative. For example, you could sell jewelry on Etsy, teach English, or give music lessons as your side hustle. Take some time to brainstorm and pick one that will hold your interest as you work to get it off the ground.

The Bottom Line

The steps above serve as a great framework to build your side hustle. But you’ll also need the right mindset to help you stick with your plan. If you need some inspiration on how to chart a new course and start your own business, be sure to leverage these key tips.

Feature Image Credit: Getty

By Bola Sokunbi

Founder and CEO of Clever Girl Finance

Sourced from marie claire

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