Here we have listed the best side hustle ideas to make money. Starting a side hustle without quitting your day job enables you to make extra money without taking any risk. While your day job can provide you a base income, you can start working on your side hustle to grow it into a good source of secondary income.
Do you know?
21% of those who are working on a side hustle is doing it during their regular working hours
Everyone has dreams and needs in their lives. Paying off the student debts, buying a new car, buying real-estates, getting married, having a good vacation, and the list goes on. Most of the time, your day job alone won’t enable you to make enough money to achieve all these dreams. So, that’s why you need a side hustle to make more money.
In this article, we are going to discuss the best side hustle ideas to make money.
Related: How to make money online for free
What are the best side hustle ideas to make money?
- Start an online dropshipping store
- Find handy jobs from apps
- Start a YouTube channel
- Start writing a blog
- Start freelancing on Fiverr or Upwork
- Become an Instagram influencer
The list doesn’t end here. However, I have only included these jobs, because I have personal (or, close) experience doing these side hustles to make money.
Can you start a side hustle without quitting the day job?
It is not going to be easy! If you usually get exhausted with your day job and if you cannot free-up at least four hours a day, then you shouldn’t start a side hustle to make money right away.
I would never advise you to quit your day job to start a side hustle. When you start a side hustle, it is very unlikely to start making money from day one. So, when you are not getting any money after quitting your day job, you will quickly get stressed. That happened to me. So, don’t do that.
What if you don’t have time to start a side hustle
If you don’t have time to start a side hustle, first try to find a job with fewer responsibilities, and this will give you some time to work on your side hustle. As the income from your side hustle grows, you can keep finding day jobs that let you spend more time on your side hustle.
What are the top sacrifices of doing a side hustle
Check below statistics about doing a side hustle. When we say sacrifice, it doesn’t mean that you give it up altogether. However, you will lose some of the time doing below stuff.
How to start a good side hustle to make money
Find the things that you are passionate about
When I started doing side hustles, I had a different opinion on this. At that time, I thought the best side hustle is the one that lets you make the highest amount of money. However, once you start a side hustle, you will realize that the truth is a bit different.
It takes a lot of motivation and courage to keep working on outside your regular working hours. So, by doing something that you are passionate about will keep the wheels rolling. If your only motivation is making more money, you will give it up as soon as you get into a dry patch.
Plan a budget for your side hustle
Your side hustle is an investment in your life. This means, when you start a side hustle, you will have to invest your time and money to make it work. Also, you have to understand that you need to spend money to make money.
The best way to get over your fears of spending money on your side hustle is by drafting a good budget plan for your side hustle. Go through your finances and see how much disposable money you can spend on your side hustle idea. Then, plan and see how much money you will need for your side hustle. If you can afford your side hustle idea, draft a proper budget plan, and allocate money in advance.
Create a time-table for your side hustle
If you remember, at the beginning of this article, I have mentioned that 21% of those who are doing a side hustle is doing that within their regular working hours. Sometimes, depending on the side hustle that you have selected, you might have to steal from the day job to work on your side hustle. However, try your best, not to do this.
Whatever the side hustle you start, you should be able to give 100% for your day job whenever it is required. Your day job is your primary source of income, and it is how you pay your bills. So, do not juggle your day job. Also, you are getting paid for the hours that you are working, and it is not ethical to spend that time on something else.
Plan and research for your side hustle
Do not jump into anything. Also, on the other hand, don’t let analysis paralysis delays your side hustle idea. Try to create a good plan for your business strategy. A good plan, with a budget and a viable schedule, will let you work on your side hustle without getting overwhelmed by your new responsibilities and the sacrifices.
Let us go through our list of best side hustle ideas
1. Start an online dropshipping store as a side hustle to make money
Dropshipping is my main side hustle (yes, I have sub-side-hustles too). Dropshipping is an easy way to start an online business to resell things. It allows you to sell a product directly to the customer without having to buy any inventory. When you get into a dropshipping agreement, your supplier will ship those products directly to your customers.
If you are interested in starting an online dropshipping store, check below articles to get started. I have a whole bunch of articles to explain the entire process. For example, you can find business startup guides, marketing guides, or even business ideas here.
2. Find handy jobs from apps
There are some best money making apps out there for you to make money as a side hustle. For example, apps like TaskRabbit, Postmates, or UberEats let you find small jobs from your neighbourhood to do as a side hustle.
Also, if you have a car, you can run Uber as a side hustle to make money. If you can run your vehicle for 30hours a week, according to the uber-income calculator on Finder, you can make $10,000 per year.
3. Start a YouTube channel
Becoming a YouTuber is a proven way to make money online. Ryan, a 7-year-old YouTuber made $22 million within the year 2018 and became the highest-paid YouTube star according to the Forbes.
Ryan’s YouTube channel, “Ryan Toys Review,” has over 18.8M followers and 28.5B views. Also, his most popular video, “HUGE EGGS Surprise Toys Challenge with Inflatable water slide,” has 1.7B views. Wow, who wouldn’t love to watch a cute kid running around and playing with joy? However, 1.7B views for a single video is outstanding.
So, if you can stay cool in front of a camera, why can’t you do something similar and start making money.
4. Write a blog as your side hustle
Starting a blog is not that hard. If you can write well, you can start a blog as your side hustle and start making money. There are different ways to make money from a blog.
- Selling ad spaces on the blog (like I do on this blog)
- Running affiliate marketing to get commissions
- Selling your products
However, before you start, I would highly recommend you to learn the basics of SEO. This knowledge will help you to rank your blog on Google and other search engines.
5. Start freelancing as a side hustle to make money
Freelancing is a great side hustle to make money. With freelancing, you can stay flexible with your schedule, and you can always stay online through an app on your phone.
- Graphic designing
- Logo designing
- Content writing
- CV writers, glossary writers, and many more
6. Become an Instagram influencer to make money
We have extensively discussed this in our article How to make money on Instagram. You can post anything that is unique and tells a story on Instagram to start making money. It can be the photos of you trying new clothes or makeup, travel photos, photos of your pet, cars, workout photos, or whatever. The only thing is you need to make sure that your posts are telling a story.
This story can be about,
- Something beautiful – Think of a model posting their photos or travel photos
- An inspiration – Think of a disadvantaged person facing challenges, or inspirational quotes
- Something educational – Think of a girl trying different makeups, DIYs, or someone is giving workout instructions
- Or, even something cute or funny – Think of a day to day activities of an adorable puppy or the memes
Starting a side hustle to make money
Starting a side hustle without quitting your day job to make extra money is doable. I know that because I am doing that. All you need is to initiate your process of starting the right side hustle for you. In this article, we have discussed the most practical and reliable side hustle ideas that will make money for you.
So, go ahead start planning your side hustle right now. Who knows, this time next year, you will be able to quit your day job and start your own business.