In today’s economy, many people are looking for a way to make money on the side. The world is full of opportunities to do so, and you might be amazed at how much cash you can make in just a few hours per week.
One of the biggest questions people have when finding ways to earn money on the side is what kind of job they would like to do. This blog will focus on answering that question by providing tips and tricks that will help you find your perfect side hustle!
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The World is Full of Opportunities to Make Side Hustle Money
So, you want to know how to find a side hustle instead of a part-time job. There are a few different ways to do this, so how do you know where to start?
Well, here are a few tips that we are sure will help you how to find a side hustle that you like and enjoy while at the same time making some extra millennial money.
What is a Side Hustle?
First things first, what exactly constitutes a side hustle? A “side hustle” or “extra income source” is any activity or business you do in addition to your regular job. The idea behind these activities is to make up for items in your monthly budget that may be costing you more than they should.
This could include how much you spend on entertainment (e.g., cable), how much you eat out, how often you go shopping and how many times per month you have to take your car to the shop.
Side Hustles are like how sidekicks are to superheroes: they make them more powerful — more money. (I think my sidekick name is “money man.”)
Side hustles come in many different shapes and sizes. Many of them can cover your basic expenses (e.g., how much you spend on food each month). Others are there to save up for bigger purchases or help you make extra money you can use later down the road.
The awesome thing about a side hustle is that it’s never too late (or early) to start one! Some people get started when they’re teenagers, while others get started while in college or even later than that (e.g., when they’re adults who already have full-time jobs). The main point here is that it’s never too late to start earning some extra cash from a business you’ll run on the side!
Additionally, you can have as many offline or online side hustles as you want!
A common misconception is that side jobs from home must be how people get rich. But, unfortunately, this isn’t necessarily the case because not all side hustle business ideas are designed to make you wealthy (and in some cases, they’re not meant to).
One great example of this is how I started my first online business years ago. It wasn’t how I planned on getting rich but rather how I was able to invest in some equipment and how it helped me later down the road when I decided to start an online “business” that could help me become wealthy!
All of these different types of side hustles help complement your primary income sources. For instance, maybe you work at a job that doesn’t pay as much as you’d like (e.g., how some people work at fast-food restaurants and the earning potential isn’t nearly as good as in other industries like real estate or credit card banks).
In such cases, a side hustle could be how you get a better paying job (e.g., how you find out about jobs through online sites or social media that help match up employers with employees) or how your side hustle turns into something bigger like a small business that can earn you more money each month!
Are Side Hustles Worthwhile?
Another misconception I’d like to bust right now is how some people don’t believe side hustles are worthwhile. These people think they’re a waste of time because they’re not “worth their while.”
First off, this common misconception may stem from how many people jump into a business they know nothing about.
There’s no doubt that how you find a side hustle is important because how you begin your journey into entrepreneurship and how quickly you do so will help shape how successful your business will be in the future!
If you choose to start a business on a whim with poor planning, how likely will things work out for you as time goes by?
The best thing I can tell people who want to get started with a side hustle but aren’t sure how is to start doing research (e.g., attend networking events or focus groups based on what interests them). By doing this, they’ll learn more about how businesses work and how they operate within their local communities.
They’ll also have the chance to learn from others who may have been running a business for years and how they’ve managed to make it work within their local area.
Building on that last point: not all side hustles are meant to be how you’re going to become rich! Some of them are how you get started with entrepreneurship and help round out your income sources as time goes by.
Side hustles can help others learn how to manage or earn extra money, how to save up for essential purchases (e.g., how much people should put away every month to buy a home one day), and how different hobbies and tasks can help add more cash flow into their monthly budgets.
Making Money with Your Side Hustle
When it comes down to the brass tacks of things, how to make money on the side from home will vary. For example, side hustle ideas 2021 will be different than side hustle ideas 2020. In some cases, you can earn money directly (e.g., how a maid service earns extra cash by making additional house calls around their city).
Other times, how you earn money may come through how other people pay for your products and services.
There are many different ways to legitimately make money (such as subtitling), and various side hustles you can do will help improve how you earn more money each month.
Some of them even have the potential to turn into full-time business opportunities for yourself and how these businesses could potentially bring in enough cash flow every month to be able to replace how much you currently earn from your job!
One of my favorite hobbies is reading about how other millionaires made their fortunes (e.g., how they earned their first million dollars and beyond).
I noticed many different characteristics within all these stories, including how mentors helped these people with their businesses and how they were able to learn additional skills to get ahead of the competition (e.g., how everyone can take a computer repair class or how to make a video).
Why You Should Enjoy Your Side Hustle
A lot of people don’t like their day jobs.
I know how it goes. The monotony of the work, when you’re going to spend a massive chunk of your life doing something you aren’t crazy about, can quickly get to you and dampen your spirits.
And a lot of times, having a day job is a necessity. So you can’t necessarily up and quit tomorrow.
That’s why it’s so important to find a side hustle that you like. If you start a side hustle just for the money without deciding whether or not you’ll like it, you’ll begin to regret your choice. And if you hate it, you won’t want to work on it.
So it would be best if you found a side hustle that you like to do, or at the very least that is interesting to you.
For example, I like writing. I like doing that outside of work. So when I was looking at different side hustles to start, I considered how I could use writing to generate income. I eventually started a freelance writing side hustle that so far has generated $5,000+ in additional revenue each year since I started it.
I also knew that if I didn’t enjoy what I was doing on the side, I wouldn’t be able to stick with it long enough to generate the money I wanted. So how do you figure out which side hustles you’ll like?
Here is a pro tip:
Start by only considering things you enjoy doing outside of your job. Contrary to popular belief, not everyone will get rich from their passions; however, it’s also unlikely that you’ll stick with a side hustle if you hate it.
So how do you know if the side hustle you’re considering is the right decision?
Let’s look at that next.
How Do I Know I Found the Right Side Hustle?
I decided to start a side hustle by asking five questions.
Question 1: Will this help me reach my goals?
One of the most critical questions you need to ask about your side hustle is whether or not it will help you reach your financial goals. If it doesn’t, how will you feel when you realize how much time and effort you put into something that wasn’t even helping you meet your bigger life goals?
Before taking any action on starting a new side hustle, make sure that the thing you’re considering will be moving in the direction of where you want to go with your money.
Whatever decision you come up with here will probably play an essential role in how long you stick with your side hustle and how successful you ultimately become.
Question 2: Will this be fun?
This question is pretty straightforward. If how much time and effort you’re going to have to invest in your side hustle isn’t worth it monetarily, how do you expect to stick with it?
I can tell you from experience that if a side hustle isn’t fun, the chances of success lessen dramatically.
Question 3: Can I do this while working my job?
The most popular side hustles can make decent money while still leaving plenty of time for work and life outside those two areas (think freelance writing or selling products on Etsy).
That being said, creating a full-time income sometimes takes a lot of time and requires sacrificing other parts of your life, like how much time you spend with your friends and family.
Question 4: Will this help me learn something new?
I like to think of side hustles as a way to learn how to generate income outside of my job to protect myself if future situations arise where I can’t work at my current position or even have the desire to leave that job.
For example, maybe down the road, one of my passions isn’t paying off how it used to be, and things get tight financially. However, if I can fall back on an area of expertise that still generates some money, the chances are good that I can weather whatever challenges come my way. That flexibility is worth more than you may realize, especially if things change.
Question 5: Can I build a network around this side hustle?
Your side hustle is not only about the money it will provide for you; it’s also about how much value it will add to your life through networking and making connections with others.
You never know who you’re going to meet or how someone from your current industry might help you down the road, especially if you can create something successful enough that they’ll want in on what you have going on, too (this has happened more than once for me).
It’s important to point out here that just because you don’t have success with one side hustle doesn’t mean that it’s a bad idea to try another one.
Look at how much money you invest into the process and how much time you spend trying to make your side hustle take off. If there’s not an incentive, then it might be worth considering how you can turn your side hustle ideas into more of a passion project. You never know when someone else might come along with a fantastic opportunity for you!
How To Find a Side Hustle Easily
In today’s economy, it seems like everyone is hustling. But how do you know what your perfect side hustle is? And how do you find the time to start one? Here are some reasons for getting started and tips to finding a side hustle that suits you.
Start with Your Skills
If something comes naturally or easily for you, chances are good it will be a good match as a side hustle. It can be anything from knitting scarves to sketching caricatures of passersby on the street (although this one might not be so easy in certain cities).
The important thing is this: don’t just think of what will make some quick cash — you want something you can enjoy doing.
What Can You Sell?
There are many different options out there for finding a side hustle and how much money you might be able to make.
The most obvious place to start is by selling your own products or services directly (like how some people make money from makeup how-to videos). But here are some other examples of how how to find a side hustle:
Selling Your Stuff
Are you an athlete who has some gear leftover that’s still in good shape? Or maybe you have some old electronics that aren’t as nice as the ones your friends just bought but are better than what guys at the counter are peddling?
We’re not saying that you should start selling your old underwear. But how about some shoes or clothes from when you were in a smaller size?
ven if they are in good shape, it can be hard to get rid of them completely—but how about making someone else happy by giving them a new lease on life and letting another family pass down those worn-out baby clothes?
Make Your Space Work for You
Do you have any skills with crafting or decorating? If so, how much do people pay for the type of work that you can do up close and personal, like paintings or mini-garden design?
Think outside the “make money online” box and how to find a side hustle that works for you.
Sell Your Expertise
Do you have any skills or knowledge that could help others? For example, maybe you’re an expert at a specific video game and know how to win no matter how old the game is (and how much everyone else has improved).
Or maybe you love geeking out over something like Marvel Comics—even if they haven’t made a new movie lately—and how to make money off your passion. Some fans might be willing to shell out a little extra cash for your expertise on how to find a side hustle that suits them.
We are saying that finding a side hustle doesn’t have to be set in stone, and how much money you can make isn’t just about how many people are willing to pay for your expertise or products. Sometimes how much everyone else is making is out of reach; how about how it feels instead?
If you’re looking for how to find a side hustle with low-investment capital costs, take some time over the next few days to think about what comes naturally to you and how you could use those skills to make even more time available for something truly meaningful.
And if you have any good ideas for how much money (or how little) someone can make from their favorite hobby or interest, share how to find side hustles that suits you in the comments section.
We’d love to hear how much money (or how little) people are making from their interests and hobbies and how much money (or how little) you can make from yours.
Remember What You Liked Doing as a Kid
Your hobbies as a kid can be how to find a side hustle for you now. Learning how to find a side hustle is as easy as looking back at your childhood and thinking about how you spent all that free time.
Remember how much money (or how little) you made doing things like:
- making crafts with your hands
- decorating something for the holidays or year-round
- writing stories and drawing pictures
The point is this: if it was something you liked doing in your spare time before, there might be people who are now looking for someone to help them out. You just might have an untapped talent or genuine interest that makes money from your favorite activity seem worthwhile for everyone else.
How much money (or how little) can you make from your favorite activity or interest? We’d love to hear from you how much money (or how little) you are making from your hobbies and interests and how much money (or how little) you can make from yours in the comments section!
How to Find a Side Hustle Using Today’s Technology
This is a fun way to look at it: think about what decade gave us our first mass-produced computers and cell phones. The 1950s was not the last century when new technologies started showing up on the market.
So does this mean that we always have been using tech for business? Of course not. However, how much money (or how little) you can make from tech is really up to your creativity and ambition.
What About Evenings and Weekends?
We’re not just talking about those who have kids, either! A “regular” job can eat into our free time hard enough that we wonder: can we really find a side hustle? So here’s some good news: we absolutely can!
If your weekends are free or you’re off from work in the evenings, make sure to use them as a chance to get started on your side hustle. You might think that it will take hours and hours of your time — may be even days! — but not really.
It can be pretty quick if you spend some time focused on the right things at the start.
Don’t worry about trying to figure out how much money (or how little) you can make when those extra two weeks each year go by fast enough that you have no idea what has happened during them.
Instead, focus on doing what’s essential so that you can get going early enough because there’s always something interesting waiting for you to explore.
What About Remote Jobs?
There are more and more types of remote work (work done at home or from the comfort of your own space). These jobs have existed for a while, but there seem to be even more options now.
Home-based and freelance gigs in industries like customer service, data entry, design, programming, writing — all of these can be a side hustle. If some job allows someone to do it remotely, why not look into it as a potential source for side income? Many businesses are angling toward this goal; Elance comes to mind immediately.
Ask Other People
This is maybe the most straightforward way to find a side hustle idea! All you have to do is ask. It doesn’t mean you’re nosy because we all have different skills and interests and might know someone who could use your help.
For example, maybe there’s an older adult in your neighborhood who needs regularly scheduled errands done or someone with a few hours’ work that a skilled writer can complete. In this case, it would only benefit both of you if you approach them directly about your services.
Times are tough for many people, and as we mentioned above, the last thing you want to do is spend more time worrying about how you’re going to pay your next month’s rent or your student loan.
One way to change this pattern is by starting a side hustle that can help cover some of your costs outside the traditional full-time job.
You might already have an interest or hobby which can start making it happen! We hope these tips will help motivate you to find a side hustle, and even more importantly, a side hustle that you like.
FAQ – How to Find a Side Hustle
What are the most profitable side hustles?
Some of the most profitable side hustles 2021 include:
– social media
– real estate investing/rental properties
– graphic design
– affiliate marketing campaigns
– niche websites
– Amazon seller
– freelance work
– Facebook ads
– YouTube channel
– web design service
– virtual assistant for small business
How much should you make (earning potential)from a side hustle?
Start with an initial side hustle passive income profit goal of between $500 – $3,000 per month. Just be realistic with the profit goals you have for your side hustle. Don’t set an initial goal of making a considerable amount of money from your side hustle but don’t sell yourself short, either.
How to find energy to have a side hustle?
Here’s the thing about energy: you don’t have to be exhausted and running on fumes to work a side hustle. Ideally, you’d like to have enough energy left over to take care of your personal life after working your side hustle for a bit.
The truth is that there are plenty of people who do incredibly well with their side hustles, and they have lots of energy.
So, here’s what you need to do: find time for yourself to get the rest you need so that when it comes time to work your side hustle, you’re good to go.
What’s a good way to make money on the side?
A good side hustle idea is a way to make money that you’re passionate about and enjoy doing. Once you find an interesting and unique side hustle (that’s the key), passive income from it will be easy.
If you want to know more about how to find a side hustle that will bring in lots of cash, visit the blog post, “50 Best Gig Economy Jobs to Supplement Your Income.”
What are some of your little side hustles that make you extra money every month?
Here are just a few that I’ve done over the years to make money:
– online surveys
– garage sale buying/selling
– digital marketing
– personal shopper
– coaching business
– teach English online/tutoring
– pet sitting/dog walking
– flipping items (sell products)
– house sit
– yard work
– freelance writer
– local business Facebook group
Are side hustles typically just a waste of time?
This is a very common misunderstanding about side hustles. The reality is that side hustles can be incredibly lucrative, and they can also bring you lots of happiness.
Why do I need to have a backup plan for my side hustle?
Having a solid backup plan ensures that you are prepared if your main method of making money isn’t profitable or starts costing too much time/money. So instead of worrying about whether your current way of earning money will make it, why not just have another method ready to go if the first one doesn’t work?