I’m creating this post because one of my lovely followers on Instagram asked for some help! And I am all about helping whenever I can.
I am going to talk about creating a side hustle – this is extra income or what I like to call a ‘money hobby’. If you have a full-time job, this is for you. If you have a part-time job, this is for you. If you have no job, this is for you, too. A side hustle is for everyone whose eyes happen to glance on this post.
How? Because if there is one (of the many) key learning outcomes from this pandemic, it is that you cannot depend on just one source of income for life.
No matter how amazing your career is, it would help if you had a side hustle.
There are lots of different side hustle businesses you can start – and to be honest. You don’t need to worry about startup costs in the examples I am going to show you, so don’t let money be your limitation. The main sacrifice is time; you can make room in your schedule, believe me, it just depends on your mindset.
So before you decide on a side hustle, take an audit of your skills and resources.
Write down all the things you’re good at and that you enjoy doing. Don’t worry about how you’re going to make money out of those skills yet – we’ll get to that later.
As your side hustle is something you’re going to be doing in your spare time, it’s best to think of it as a ‘money hobby’ to begin with – even if you are looking to scale things up to full time in the future.
Write it all down on a sheet of paper or type it up on your computer. Then write down all the resources you have that complement those skills.
As you’ll (no doubt) want to keep your startup costs as low as possible, concentrate on resources you have right now, rather than stuff you’re going to have to go out and buy. That way, if your side hustle turns out to be a flop, you won’t be out of pocket on the venture. You can simply take all the experience you acquired from it and move on to the next try.
The skills and resources you have will shape the kind of side hustle you do.
Money Hobby Ideas
So, I know some of you will be expecting things like a virtual assistant, web designer and so on. I can almost feel you rolling your eyes as I write this, but I can assure you that this will be different – honest.
Money Hobby Idea 1
Can you sing? Like really sing? I don’t mean that you aspire to be the next X Factor winner or to get a record deal necessarily, but you literally need to have a good voice.
How would you fancy getting paid to sing a short verse or two for small projects? This could be for a commercial or a small music project that music producers need a voice to help complete.
Check out www.Vocalizr.com.
Money Hobby Idea 2
Do you talk a lot? I recently ran a webinar and found out that some people speak for 14 hours a week on the phone with their girlfriends. That is a podcast. There has got to be more than enough giggles in that for a wider audience, surely.
You can team up with your best friend – the one you spend all those hours chinwagging with and turn your gripes about the world into a podcast.
Now, you really don’t need to be tech-savvy to get started. You can actually record podcasts on your mobile phone. Honestly, you can also use podcast hosting websites to get you started.
I am not affiliated to these two, but they are very popular in the world of podcasting – in fact, the Mothers Who Work Podcast is hosted on one of them.
Check out Podbean.com and Anchor.fm.
Money Hobby Idea 3
Sell your knowledge. Do you speak a second language? Do you have a particular gift or talent that you can help others with in exchange for money?
Why not create an online course? I know, you may be thinking that this will take ages and need lots of video or recording equipment. Again, if you already have a smartphone, it is smart enough to get you going.
I want to go into so much detail here, but this is a topic that deserves respect and proper explanation. Keep an eye out for our new courses – coming very soon! In the meantime, head over to YouTube and type on a search like ‘how to create an online course’.
Check out www.Teachable.com, www.Udemy.com and www.Skillshare.com
Money Hobby Idea 4
Do you have an idea for products you want to sell, but wish there was a way you could do it without having to buy stock, or think about where you will store that stock once you buy it? Do you worry about how you would post the products to customers after they purchase from you and knowing how to set up a website and so on?
When it comes to e-commerce selling products online), there are 101 ‘reasons’ not to do it. And another multitude of excuses that the mind (or those around you) can tell you to stop you.
Again, you can do it; it just requires you to take that first step and try. Head over to YouTube, again, and search for: ‘dropshipping on Shopify’.
Again, this is a course that needs more than a quick explanation – and we will get to this!
Check out: www.Shopify.com
Money Hobby No 5
Do you like writing? Are you tired of reading about blogging? There is an alternative. Websites like Medium.com charge its readers for a subscription and pay its writers a cut of that subscription, and for the view their articles get.
So, you can cut through the blog creation process altogether and go straight to writing about topics you have knowledge or interest in and wait for the money to start rolling in.
Check out: www.Medium.com