One thing I've started for passive income is monetizing my shareholder votes on https://svegroup.com
Most people don't know that stocks they own come with voting rights, but these votes can actually be valuable in certain situations. I'm a passive investor so I'm not interested in using mine, so it's a good choice for me. Pretty good ROI in terms of dollars / time spent
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!
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 .
Find all the places near you that sell second hand items and see what you can find the most.
- games
- toys
- records
- clothes
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.
I have FREE newsletter for anyone interested.
I also talk about side hustles and other exciting opportunities within new spaces like web3.
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'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.
One thing I've started for passive income is monetizing my shareholder votes on https://svegroup.com
Most people don't know that stocks they own come with voting rights, but these votes can actually be valuable in certain situations. I'm a passive investor so I'm not interested in using mine, so it's a good choice for me. Pretty good ROI in terms of dollars / time spent
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!
Dog walking
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.
- games
- toys
- records
- clothes
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.
I have FREE newsletter for anyone interested.
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.