What Is a Side Hustle? Top 5 ideas to make money Online
With more than 44 million workers in India working outside of their traditional jobs, chances are you’ve heard the term “side hustle.” But what is a side hustle, how much can you earn, and how do you get started? In this article, we’ll cover all of those questions and more.
One of the reasons millions of people turn to side hustle is that they’re generally pretty easy to start. You decide what you want to do and sign up online or download one of several different side hustle apps that make it delightfully easy to build an empire doing what you enjoy.
Now that you know a bit more about what draws people just like you to start a side hustle, let’s get into a bit more detail about what a side hustle is and how you can get started. We’ll finish up with details about some of the most popular side hustles right now.
How Much Can You Earn With a Side Hustle?
A side hustle can earn you quite a bit of additional income. Some side hustle ideas require larger time investments so you’re going to be limited in the number of clients you can take on. According to a survey by The Ascent, the average side hustler earns an average of $625 per month from their side hustle.
Most Popular—and Profitable—Side Hustles
Start a YouTube Channel
The highest-paid YouTube stars make millions of dollars every year. You probably won’t, but that’s okay. You can still earn a nice extra income from your YouTube content. And, you can start a YouTube channel with just your smartphone if you don’t have the money to invest in a high-quality camera and microphone. There are even several free video editing tools out there you can use to add graphics, titles, captions, stickers, and other elements to make your videos more engaging.
Create an Online Course
Creating online courses is a great way to generate passive income over time. You build your online course using one of the easy-to-use online learning platforms available and sell them. If your online course is self-paced, you can put in the time to create the course upfront and let it run.
If you want to create an online course, choose a topic that you’re knowledgeable about and take the time to pack your course full of value for your students.
Become an Influencer
Unless you’ve been living under a rock for the past few years, you know what an influencer is. Influencers are social media marketers who make money through sponsored posts, affiliate marketing, and selling their own products. While Instagram is the most popular social media platform for influencer marketing, wherever there’s social media, you’ll find an audience and an opportunity to earn.
Run Facebook Ads
Running Facebook ads or Google ads is a great way to earn a really good living from your side hustle. And, running ads doesn’t require any special training. You just need to convince potential customers that you can create good looking ads with smart copy.
Become an Affiliate Marketer
Affiliate marketing is a side hustle we love because it has great earning potential without having to make enormous investments. You will need a website (maybe more than one depending on how many different types of products you want to promote) and site hosting. Other than that, it’s just a matter of taking the time to promote interesting items using your affiliate links.
No matter which side hustle you choose, you’ll want to make sure that you have the skill and passion to get it done. While starting a side hustle isn’t hard to do, it can be hard to stay engaged in your side hustle if you don’t enjoy it or it’s not giving you the return you thought it would.
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