Who hasn’t thought about running a side hustle? According to a recent study, roughly half of all Americans run a side gig. A side hustle is a business, usually of a small scale, that one starts with the intention to earn extra income on the side, apart from one’s main job. Depending on how it performs, one decides how to take forward their gig. Many turn their side hustle jobs into their main business if it turns out to be very successful.
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Side Hustle Culture
With a good part of the working population planning to take up side hustles to make extra money, the practice has come into criticism for the amount of stress it has caused to already employed individuals. It is up to each individual to carefully evaluate the pros and cons of the side hustle job they plan to run, so that it is sustainable for them.
Listen to our podcast with Bradley Jacobs on getting started with your freelance consulting business!
Side Jobs From Home
With remote work becoming normalised in the pandemic era, the possibility of a side hustle job while at home has become attractive, and for many, easy. Many have experimented with ways to turn their passion into business. This helps explore one’s potential without the risk of burnout since there is a good deal of enthusiasm and passion involved.
Best Side Hustles 2023
Your financial goals have previously been established, but it is now challenging to meet them. No need to worry; we’ve got the best 8 side hustles that you may start today to make more income.
- Content Writing
- Personal Shopping
- Content Publishing
- Life Coaching
- Teaching
- Odd Jobs
- Crafts and Hobbies
- Ridesharing or Driving
Content Writing
Content writing is one of the easiest ways to make a little money on the side if you have sound language skills and are willing to research and learn about different areas. It can be done from online and offline and is in much demand these days, since virtually every business has a marketing department and requires writers for articles, copy, product description, etc.
Quick Tip: Build a portfolio or a personal blog where you can publish your articles for public viewing. This is a great asset and will increase your chances of being recognised by a potential recruiter/client.
Personal Shopping
Wanna get paid for shopping? A personal shopper is appointed by someone to shop for them. While they may shop for anything ranging from groceries to furniture, personal shoppers are most often used to purchase clothes and accessories. To become a personal shopper, it helps to research about the fashion industry to update your knowledge about what could provide value to your client.
Quick tip: One of the best ways to attract new clients is to promote pictures of your existing clients in social media, wearing the clothes you have personally curated for them.
Content Publishing
These days, publishing engaging content with a certain value addition is a great way to gradually make money. Podcasts, video content, blogs, etc. are today very sought after modes of content that are simultaneously used for entertainment and education. You earn the position of a thought leader and influencer with time, depending on the quality of the content you produce.
The greater your following, the more money you can make from advertisements aired on your content. Platforms such as YouTube offer you 55% of the revenue for advertisements displayed with your content. You also get to earn money from promoting brands that sponsor your content.
Quick Tip: Find your niche area and offer quality content in the field so you develop a name. Stay up-to-date on your content creation skills.
Life Coaching
A life coach counsels clients on ways in which they can focus their energy towards achieving their dreams and goals. This includes various aspects such as career, finance, relationships, health and wellbeing, etc. A life coach usually has a background in psychology to help clients understand how they can achieve goals faster by removing mental blocks and overcoming psychological challenges.
In recent times, with the demand for therapy increasing exponentially as people are more aware of the importance of mental wellbeing, there is a fair demand for life coaches as more and more people are determined to achieve their dreams using psychological tools.
Quick Tip: Find your niche as a life coach: is it helping people with career goals? Or nutrition and diet? Relationships?
Teaching
Teaching online has become one of the most popular side hustles from home since the onslaught of the pandemic. Whether it is teaching a language or a subject, holding masterclasses, teaching a hobby to pursue, or an artform such as music, you get to share your knowledge on a subject of your choice for money. With social media, you can promote your teaching service in a great way and even create a niche for yourself.
Quick Tip: Offer as many pre-recorded classes as you can, to cater to a large number of students at once. This is quite remunerative as well.
Odd Jobs
Running errands for people who live close to your residence, or perhaps within your apartment society, is an easy way to bring in the bucks, since you won’t have to spend on commuting. If you’re good with tools, you can easily assist your neighbours with plumbing, fitting, carpentry work and repairs and maintenance.
Quick Tip: Advertise on your society’s channel and other local communities. Rely on word of mouth too!
Crafts and Hobbies
Name it – baking, preparing gourmet meals, crochet, paintings, handmade jewellery or decor, making money from pursuing your passions is also a great way to keep in touch with and excel in your hobbies. Indulging in your hobbies is also therapeutic and doubles as stress relief to a lot of people. Using different channels on social media is the best way to get started on sharing your work and receiving appreciation and orders.
Quick Tip: Engage your audience as much as you can! The more conversant you are and the more appealing your visual content is, the more followers you gain on social media.
Ridesharing or Driving
Enjoy driving? This could be the perfect way to make some money out of it on the side! You could either drive for cab services or share your ride while commuting to work or elsewhere and accommodate extra passengers for money. Sustainability for you and the planet.
Quick Tip: Choose high volume areas if you are sharing rides, to get a consistently high number of riders.
Working a side hustle helps you make extra money, gain more experience and skills, and stay in touch with your hobbies and passions. You may consider registering as a freelancer on platforms such as Fiverr, Toptal, Upwork, Flexjobs, freelancer.com, etc. to get started.
According to Amit Ray, investing is a far better way to make passive income when compared to a side hustle
Do you know a side job that you think would be among the best side hustles in 2023? Let us know in the comments below!
