A side hustle is a way to make money outside of your normal 8 or 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.
You would agree that, most 9 to 5 jobs don’t pay the bills. Especially if you’re just starting out in your career.
When you analyse your income and attendant expense, such as rent, feeding, transportation, etc. you might realize that after your bills are paid you barely have anything leftover. What a realty!
Hence, side hustles come in handy to help you earn an extra income. It could be something that can either help you make more money today, tomorrow or for years from now.
Let’s look into a few collection of hot side hustle ideas that’ll help you make more money.
#1. Become an Instagram Influencer
You can still build a personal brand around yourself based on what you can do. On Instagram, anyone can start a side hustle by becoming an influencer. You can monetize your Instagram account in a couple ways: sponsored posts, Instagram takeovers or selling a product on your website.
The average influencer charges between $200-$400 a post. This can vary based on your audience size. Just ensure to 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.
#2. Begin Freelance Writing
Freelance writing allows you to make money by trading your time for money, and 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.
As a side hustle, a freelance writer can make an extra $400 – $2000 a month, depending on what their article rate is and how many articles they can produce in their spare time.
#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.
Depending on what product you’re selling and what affiliate network you use, you could earn an extra $1000 – $2000 monthly. 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. Isn’t that cool? You haven’t seen anything yet. Let’s continue…
#4. Start a Dropshipping Business
With dropshipping, you can start a business within any of your favorite passions. Almost any niche can be pursued with dropshipping. Plus, if you’re a creative type, you can run wild with your ideas. And, as the owner of your own business, you’ll always have final say making this a great side hustle to start out with.
Dropshipping is one hot side job idea as 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. You can read our recent expo on how a guy earned over N5m within 5 weeks with women’s panties.
#5. Be part of the Gig Economy
You might choose to take up side gigs. These could be gigs that you create on Fiverr or the occasional freelance project on Upwork. There are other gig sites out there, you may want to check out. 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.
You could make anywhere from $50 to $2000 a month depending on the side gigs you take on and platform you use.
#6. Start Blogging
Blogging 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 business, cars, etc 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. Also locate our content on 6 things you can do with your blog that will produce $100 – $1000 for you, monthly.
#7. Sell 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 get guidance on how to do it properly, if you are just starting out or been into it but not getting the desire results.
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. Your side hustle can help you make some extra money each month. 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.