Wednesday, August 29, 2018

10 Best Side Hustle Ideas to Make an Extra $1000 a Month

Reprinted from Oberlo.com

side hustle
Money. Who couldn’t use a little bit more of it? Whether you’re saving for a down payment,
planning a wedding, trying to pay down debt – ugh, will those student loans ever go away?
– or putting some savings aside for a rainy day, a little bit of extra cash can go a long way.
Your day job might help you pay for the essentials. But a side hustle, that’s the game changer
that’ll make a difference in your wallet while giving you the freedom you’ve always wanted
. So here are the best side hustles that’ll help you make more money.
Post Contents [show]

What is a Side Hustle?

A side hustle is a way to make money outside of your 9 to 5 job. It allows you to
make more money that’ll give you the freedom to pursue your passions, buy things you need
or want, and lower any financial worries.
Truth is, most 9 to 5 jobs don’t pay the bills. Especially if you’re just starting out in your
career.
When you calculate the cost of rent, food, transportation, you might realize that after your bills
are paid you barely have anything leftover. What a bummer.
The worst part is that your financial growth is always capped. Maybe you get a bonus of a
couple hundred dollars a year with a 1% salary increase on your $30,000. But is that really
enough to live the life you dream about? Maybe, but probably not.
So you start a side hustle to make an couple extra hundred or thousand dollars a month.
Something that can either help you make more money today, tomorrow or five years from
now. To change that $0 bank statement into something greater.
So let’s dive into the best side hustle ideas that’ll help you make more money.

10 Best Side Hustle Ideas That’ll Make You Money

#1. Start a Dropshipping Business

Dropshipping is one of the best side job ideas. It allows you to sell a product directly to the
customer without having to buy any inventory. Why’s that great? You don’t invest any money
to buy products, keeping your risk low. The manufacturer not only carries the inventory but
he also ships it directly to the customer for you. Your main focus: marketing and customer
service – the lifeline of the business. If you’ve got a strong marketing background and want
a side hustle that plays to your strength, this is it. It’s one of the rare side jobs that allows you
to scratch a true entrepreneurial itch. You get to be the owner of your very own business.
With dropshipping, you can start a business within any of your favorite passions. Do you love
decorating your home? You can sell home decor products. Maybe you’re obsessed with
fashion. You can start your own fashion store. If you love doing your makeup? You can sell
beauty products and build an audience who follows along to your makeup tutorials. Almost
any niche can be pursued with dropshipping. Plus, if you’re a creative type, you can run wild
with your ideas. After all, as the owner of your own business, you’ll always have final say.
Making this a great side hustle to start out with.
best side hustle jobs
How much money can a dropshipper make? Depends on how much effort you put into your
business and marketing. You can make an extra couple thousand dollars or higher.
Dropshipping Tip: Want to start your own dropshipping business?
Sign up for Oberlo on Shopify. The Oberlo app allows you to choose from millions of products
that you can start selling on your store today. Plus, it automates several parts of the
business process. You can add products in a simple one click and process orders with the
same swift action.

#2. Begin Freelance Writing

Good side hustles, like freelance writing, allow you to make money by trading your time.
Since you’re trading time for money, you’re capped at how much you can make. Still, if you’re
looking to hit, say an extra $1000 a month, freelance writing is a side hustle that can allow you
to predict how much you can make. You can have a contract set up with a client or two that’ll
allow you to know exactly how much money you’ll be able to make. The secret to succeeding
as a freelancer writer is to charge based on the value you’ll bring. Most freelance writers
undercharge which results in fast burnout with little pay off.
How much can a freelance writer make? As a side hustle, a freelance writer can make an
extra $500 – $3000 a month, depending on what their article rate is and how many articles
they can produce in their spare time.
Freelance Writing Tip: The best freelance writing opportunities are on ProBlogger. It’s the
platform I used to find freelance work here at Oberlo. I also landed a few other top clients
from the side job website. On average, the best paying freelance jobs are on there. However,
if you’re just starting out, you might want to focus on building your portfolio and skillset on
Fiverr, Craigslist or Upwork first as it’s easier to land your first few clients on those websites.

#3. Become an Affiliate Marketer

Affiliate marketing is one of those side hustle ideas that can either make you a lot of money
or nothing. It’s not just about finding the right product to sell, but also finding the right brand
to partner with. If you chose to be an affiliate marketer for ecommerce stores, your
commission will likely be a lot lower than if you were just to dropship them yourself. However,
there are tech companies who will pay a hefty price tag to affiliates who bring them new
customers.
Side hustle ideas
How much money can this side hustle make? It depends on what product you’re selling and
what affiliate network you use. For example, if you were an affiliate marketer for a tech
company like Shopify, you could potentially make an extra $2000 for every merchant you
refer. Sweet!
Affiliate Marketing Tip: Ask the affiliate program or content creator for assets you can use to
help you market their product. For example, there may be a lead magnet or free tool you can
use to incentivize people to purchase the product. Often times, a piece of content can help
ease a potential customer from a cold lead into a warm one. Thus, giving you a better chance
of succeeding with this side hustle.

#4. Be part of the Gig Economy

Does your 9 to 5 job pay fluctuate? If you don’t have a predictable income, you might need
more money some months and a little less others. If this sounds like you, you might choose
to take up side gigs. These could be gigs that you create on Fiverr or the occasional
freelance project on Upwork. You might design some wedding invitations for a client one
week and help someone build their social media following the next. The type of projects you
work on could vary drastically. But if you love variety and switching things up, this side hustle
could be perfect for you.
How much money can you make with this side hustle? You could make anywhere from $50
to $2000 a month depending on the side gigs you take on and platform you use.
Gig Economy Tip: Platforms like Fiverr are dependent on reviews. If you’re just starting out,
pay a friend to buy your gig and review it after you complete the project. This will allow you to
have a high star rating which will allow you to get your next few customers. Without a rating,
it can be hard for a client to trust you enough to give you your first opportunity.

#5. Start Blogging

Blogging is one of the best side hustle jobs. It allows you to build a personal brand while
owning your own asset. You can even write about your passions. Having a singular niche that
you write about such as yoga, business, beauty, or cars allows you to build an audience who
shares the exact same interest due to the singular focus. You can monetize your blog in a
few ways: affiliate links, sponsored posts, or adding a shop link where you sell
dropshipping products.
top side hustles
How much money can you make trying a side hustle like this? In the beginning, you’ll make
nothing. But some bloggers who stick it out past the first few years have made enough
money to quit their job and do it full time.
Blogging Tip: If you’re passionate about blogging, create an online store that you can
monetize and add a blog onto it. This allows you to start monetizing your asset before you’ve
built your audience. Plus, the combination of content and commerce is a powerful one. As
your blog grows, you can use retargeting ads to monetize your blog traffic to land even more
sales. If you pump out regular, quality content you’ll quite possibly have a few home run
posts that bring you a ton of traffic that’ll be easier to monetize than if you were hoping for a
few affiliate sales.

#6. Sell Information Products

If you’re looking for side jobs to make money, why not trying selling information products?
This side hustle requires some research, invested time and marketing skills for you to flourish.
Are there topics that are really popular right now that you know a lot about? Did you find a
popular topic that there isn’t enough information about? Monetize these opportunities by
creating content around it. You can publish books on Amazon or sell courses on Udemy.
How much money can you make selling information products? It depends on the niche, your
marketing execution and a variety of other factors. But a side hustle like this can result in a
few thousand dollars each month. However, most often, they usually have created several
different pieces of content (ebooks, courses).
Selling Information Product Tip: With this side hustle, focus on niches where people have a
huge problem they need to solve. If you’re in the fitness niche, you can create a fitness
workout course or a diet plan with recipes ebook. If people are desperately trying to solve a
burning problem, there’s an opportunity to provide value by helping them solve that problem.
The content you create can guide them towards a solution. Best part: you could make
money while helping people.

#7. Become an Instagram Influencer

Growing up most people dream of being famous. But truth is, not everyone can sing or act.
Fortunately, you can still build a personal brand around yourself based on what you can do.
Maybe you have a really cool fashion sense or can bake an awesome cake. On Instagram,
anyone can start a side hustle by becoming an influencer. If you don’t like the spotlight, that’s
cool. You can build an Instagram following around your dog or your photography. You can
monetize your Instagram account in a couple ways: sponsored posts, Instagram takeovers
or selling a product on your website.
side jobs to make money
Is being an influencer a good side hustle? Well, the average influencer charges between
$200-$400 a post. This can vary based on your audience size, so feel free to check out
How to Get Followers on Instagram.
Instagram Influencer Tip: Be consistent. Be consistent in the type of content you post, how
often you post, and when you post. You’ll gain new followers if people know what they can
regularly expect from your page. You won’t be able to monetize right away, so invest your
time into growing your followers by posting several times a day, every day.

#8. Become a Virtual Assistant

Top side hustles have one big thing in common: there’s a high demand for it. A virtual
assistant is an assistant who works in a remote location. They can help with tasks such as
administration, social media, bookkeeping and more. There’s been a growing demand for
virtual assistants from business owners who need help on various projects. As a virtual
assistant you can specialize in countless areas. In the past, I’ve hired virtual assistants for
social media and customer service. And there are countless other businesses around the
world who rely on virtual assistants to grow and maintain their brands.
How much money can you make as a virtual assistant? Most virtual assistants trade their
time for money so you might get capped based on the number of hours of work you can do
each week. You can choose to set a total monthly earning or get paid by the hour. Some
make minimum wage while others might make $35 an hour depending on their skills and
experience.
Becoming a Virtual Assistant Tip: When starting this side hustle, you can find clients on
popular websites like Upwork. However, you could start to see better results when you
branch out on your own as an independent contractor. Starting up might be a bit harder as
you need to find clients but you could earn more money this way. You can join popular
Facebook groups for businesses or online retailers to offer your services.

#9. Sell Your Photography

If you’ve got a camera and some basic Photoshop skills, photography can become your side
hustle. If you like taking pictures of your city, you can sell your photography to your local
publications such as city newspaper or blog. Sites like Foap allow you to sell your phone
pictures on their platform and you can earn money with every photo you sell. If you’d rather
not make money with your pictures, you can add your photography to products like canvases,
t-shirts, and phone cases to make even more money. And if that’s not enough, you can even
seek clients to venture into wedding photography, pet photography or product photography.
side hustles photography
How much money can you make as a photographer? If you sell your pictures online you
might make an extra couple hundred or thousand dollars a month. If you venture into
wedding photography, you could make a couple thousand dollars or more per event.
Photography Tip: If you plan on selling your photography on a stock photo site, it’s a numbers
game. The more pictures you take and upload, the better chance you are to be found. You’ll
need to make sure you use the right tags so that people can easily find your photos. The
more pictures you take, the faster you’ll develop your photography skills over time. So it’s an
all around win.

#10. Get a Part Time Job

If you’d rather trade time for money you might choose to get a part-time job. Side jobs to
make money include: dog walking, babysitter, restaurant server, receptionist, administrative
assistant, or barista. You can also find part-time jobs within your industry. Maybe you’re a
full-time marketer who takes on a part-time social media gig. The only downside to a part
time job is that you need to invest your time for money. And time is your most valuable luxury.
Part time jobs don’t scale as well as an online business would. Meaning, your total earnings
get capped.
How much money can you make with your part-time job? Most part-time jobs float around
the minimum wage mark. However, you can find a few higher paying side hustles if you dig
around a bit.
Part-Time Job Tip: You can browse job sites to find side jobs you can do on evenings and
weekends. Remember: after you work a full day, you’ll likely feel tired and exhausted so pick
a part-time job with a flexible schedule. If you have to work a four after shift Monday through
Friday after an eight hour day, you could eventually burn out.

Conclusion

Your side hustle can help you make some extra money each month. But it can also help
you develop new skills, build your personal brand or portfolio and help you achieve more
freedom. So, have fun with it! Take a risk by starting a business or pursue a new hobby
you’ve always been curious about. A side hustle is your best opportunity to live life on your
own terms. And with some more money in your pocket, there’s nothing stopping you from
making your dreams come true.


1 comment:

  1. Nice information.. Hi dear, This is an nice and valuable post thanks for this information!
    Side Hustle Help

    ReplyDelete