The best strategies for building a side hustle.
My wife and I started making high-end dog collars and selling them at local markets. We've got some traction now and are selling about $1000/mth. Only a little, but it's cool to build something that could grow. At https://fawnandmoose.com (if you're interested)
I work a 30 hr/week day job at a marketing agency. I supplement my income working as a cocktail waitress at a dive bar on Friday nights (great $$, but impacts my social schedule for sure) and as a trivia host on Tuesday nights!
In my 70’s I became an Uber driver for 3 years. I loved doing it! The hard part was high miles I put on cars I had financed. When I moved to Mexico I let my last car be repossessed. High miles! I miss doing the work, filled with story lines and some fabulous characters!
Erin, your posts are as good as your book! Thank you and keep'em coming!!
My husband has luck doing bagpiping gigs or teaching (music lessons)
I've had some success flipping land. It's a bit of a gamble at times though. Low cost land often has some caveats so buyers have been really specific .
My favourite side hustle is buying and selling.
It can be anything!
Find all the places near you that sell second hand items and see what you can find the most.
For me it’s old toys. Over here in the Uk there are also a lot of toy collectors.
Garyvee style I researched what to look out for and memorised sell prices on eBay etc.
Then start hunting. It’s super fun as you never know what your going to find.
To become more successful you just learn about more items that have the potential to be flipped. Over time you’ll get an eye for what to look out for.
It’s really addictive, not knowing what you’ll find, will it be a good day or a bad day. Definitely recommend doing.
Hope this helped.
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I also talk about side hustles and other exciting opportunities within new spaces like web3.
The more I dabble in side hustles, the more disillusioned I become with them.
It's true you CAN make money with many side hustles. But there's another story influencers aren't telling you.
For every side hustler promoting their gig on social media, there are multiple streams of income supporting it.
Digital product sales. "Consulting" fees. Brand partnerships.
At least, that's the conclusion I came to when I dabbled in DoorDash: https://amandaclaypool.medium.com/this-is-what-delivering-for-doordash-is-actually-like-61fde02fbd33
Great — thank you for some great feedback and detail.
I really like the concept and will pursue.
Just one thig to point out: We all do need some extra money to save up in this economy where salaries are dwindling (at least in my country), but nothing should be compromised against your HEALTH. I tried freelance writing (and I do now too but seldom) during the lockdown period along with my full time job. While I did have some extra money I fell sick because of overwork.
If you are someone like me who gets sick often, please consider all sides before starting a side hustle. It will take time to make it worthwhile and you have to work on it a lot.
I am also curious about focus groups. I saw recently a book club idea as a membership, as a creative, it could be a new stream idea.
Rather than a side hustle, I think of it as building a system of multiple streams of income for the long term. Marketing super skills are highly important and propelling (still working on that). The Internet is so huge and for some of us we know one unique job Is not the way to long-term financial peace and bloom 🦚.
In this era, I still wonder if the key is to find the people who need you or vice versa.
Many of my event exhibitors and radio show guests have done very well with MLM - the difference is that they treated it as a business from day 1. Like any business it’s hard work, scary and you need to be consistent and persistent. No business can survive and grow by talking to friends and family. People say all sorts of things about what it’s like being in business, any business, not just MLM and it’s your responsibility to do your due diligence about what’s involved, profit margins and how it will work before you join.
I have several friends who have done very well with MLMs. They don’t tread it as a side hustle, it’s their career.
I'm at the point where I'm looking for a side hustle; one that supplements my FTJ, which I'd love to ditch eventually. Of all the suggestions above, the one that seems to be a good fit would be social media freelancer. I've already tried business communication, voiceover work (must try more here) and am open to ideas that are creative.
My side hustle I’ve had for the last 20+ years is teaching part time. I’m an adjunct professor at a local community college. I’ll admit, the extra money is nice. However it’s kept me current with trends in job and has filled the time when I was between jobs.
Minor IT work is one of my side hustles and probably the one I could expand if I wished. My friend works at the library and they have a constant influx of people wanting help with their devices (phones, computers, iPads, etc). They have issues that aren’t big enough to spend a $100 at an IT store. Instead they’re things like how do I turn notifications on, why is my keyboard typing in strange symbols, how do I connect to the internet, etc.
So I’ve started helping. Most times it’s so easy I don’t charge anything. Most of these people are elderly and want to remain relevant and connected to their children and grandchildren, and I get joy out of seeing how happy they are when we have a new gifted device set up and family contacts added and then showing them how to video chat. Some times I just guide them to fixing the issue via phone or email. They’re happy so that makes me happy and trite as it sounds, that’s payment enough. If they insist on paying, I tell them I accept any homemade foods instead of money.
Some times though there are more serious issues, Eg, someone erased needed operating files by mistake. I’m not an IT person by training but with Google and what little knowledge I have (plus a couple of USB devices with software tools) I can usually fix it. For those ones, I accept a bit of money but make sure it is still far less than what a store would do.
I have little jobs several times a week by word of mouth only. Two big regular ones are for a physiotherapist (she has me look after client lists, conversion of documents to proper format, website maintenance), and one for a police detective who does presentations for other police agencies across the country (I download and embed video for him, do some proof of concept designs which a professional designer (and friend) will work with if the department likes it, and answer basic questions like how to safely transfer large files to a secure laptop that won’t accept USBs—that was yesterday’s question).
If I advertised I likely could do this full time and make enough to live on (I live cheaply in the first place). I may advertise when I retire. For now, I’m happy with it as is. I also shovel driveways, walk dogs, dog-sit, and house-sit too (they usually have Netflix or prime so I get to binge watch all the shows I’ve heard about but never seen). I do have a main job as an independent contractor (take jobs I want, work when I want, don’t work when I don’t want), so I have time to do the fun side gigs.