Side Hustle Ideas ,a lot of the articles here on Common Cents Hub are focused on making extra money, and also finding new ways to make extra money. Making an extra $500-$100 each month can make a world of difference to finally eliminate debt, pay for some training, or start an emergency fund ,Side Hustle Ideas.
COVID-19 has turned life upside down for many people. Nobody was expecting lockdown 2020 to happen, but now it has, people are stressed and anxious – those who can’t work are worried about surviving on less money, and some people aren’t making money at all. There are upsides to lockdown – spending quality time with your family and perhaps having time to spend on personal projects, but we all still need money to live.
Although many wish it wasn’t this way, money does make the world go round. With that in mind, you need creative ways to make money during lockdown and this post can help ,Side Hustle Ideas.
If you’re looking for smart ways to make money during a lockdown, you’ve come to the right place. Here, we have smart ways you can make money during lockdown. Take a look and see which of these methods you can implement to increase your earnings:
Fill out surveys
You won’t make a fortune taking online surveys, but the more that you take, the more you can earn on sites like Survey Monkey, Nielsen Digital Voice, Opinion Outpost or Survey Spot Side Hustle Ideas.,
Affiliate marketing
If you plug a business on your website or blog, you can become an affiliate for them and earn a commission whenever someone leaves your site to make a purchase. If done correctly, you can have a nice little side business. This takes extra smarts and know-how, but it can be learned.
Drop shipping
Side Hustle Ideas ,you don’t have to sell used items online to make some extra cash. You can also start a side business through drop shipping. In this case, you would sell new items from a manufacturer or distributor online on sites like eBay and they’ll ship the items to customers for you.
A few years ago, I was skeptical when it came to selling things on eBay, Facebook, Craigslist, or any other online marketplace. Can you really make money doing that? But then I tested selling a few things online… and I ended up making money. Quite a bit actually. $1,000+. We ALL have things laying around the house that we can sell. May ,Side Hustle Ideas
- There’s a pair of nice shoes in your closet that you never wear
- In your attic, you have some old baseball cards collecting dust
- You recently upgraded your laptop and don’t know what to do with your old one
If you want help figuring out how to do this successfully, I’ve written about how to successfully sell items on eBay in this blog article.
For more on how to make more money, you can download my Ultimate Guide to Making Money for FREE.
Change your job
hold you change jobs? Change industries? How do you know whether to stay put or to take a risky move that will result in more money? By using the Bezos Regret Minimization Framework.
Ask yourself: Which will you regret more 20 years from now: Staying in your current situation or trying something new and failing?
And remember: the more responsibility you have, the more money you can command ,Side Hustle Ideas
Find your first freelance client
Side Hustle Ideas ,I’ve said it before and I’ll say it again: There is a limit to how much you can save, but there is no limit to how much you can earn.
Finding a new job or changing careers takes time (we’ll get to that). But in the next few days, you can set up your first side hustle and make money fast.
The best part: Freelancing is a skill. That means you can get BETTER at it with time.
And once you get your first paying client, it’ll be easier to get more clients and make more money.
Bonus: Want to fire your boss and start your dream business? Download my FREE Ultimate Guide to Business.
First thing: So many other websites will tell you to troll for freelance gigs on places like Fiverr or Mechanical Turk. These places work if you want to compete with people all over the world in a race to do the most work for less. No thanks ,Side Hustle Ideas.
Look at what you’ve already got. 95% of jobs can translate into some sort of side gig. Ask yourself:
- What do I enjoy?
- What do I do with my free time?
- What do people ask me to do because I’m so good at it?
People are very bad at identifying their own skills. They’ll say things like, “I dunno … I guess I’m good at writing and communication, and, like, general organizational skills…” AMAZING!! HERE’S A $4,000/MONTH RETAINER ,Side Hustle Ideas.
Repeat this over and over: People pay for solutions, not your skills.
For example, I was on a webcast where I was suggesting ways for people to earn money on the side, and I mentioned that I hate cooking, am not good at it, and would love it if someone cooked for me ,Side Hustle Ideas.
I got an email later that night from someone who said, “Ramit, I can help. I can teach you everything you need to know over one weekend, and you’ll know 3-5 great dishes to cook.” I appreciated the offer, but wrote back, “Thanks for the offer! But you don’t understand. I don’t want to learn — I want someone to do it for me.”
Again: People have problems. And they want solutions.
they don’t care what you’re “interested” in. Are they too busy to organize their closets? Do they need someone to help them redesign their website? Maybe they want someone to teach their kid how to play the flute ,Side Hustle Ideas.
Start off by assessing the skills you use every day at home or at work.
Typically, you can break these down into two areas:
- Skills. These are things you have the expertise and knowledge in (e.g., languages, coding, copywriting).
- Passions. These are things you love to do in your free time (e.g., playing musical instruments, volunteering to take care of animals, genealogy work).
Take some time right now to write down 10 – 20 ideas of different skills and talents you have.
After you’re done, let’s take a look at an example of this in action. Maybe your list looks like:
- Do a little PHP coding
- Organize systems
- Automate complex processes
- Project manage
- Create technical documents that can be understood by lay audiences
- Lead a team
Brainstorm Skills
- Now ask yourself: Which of these skills can solve a specific problem? Brainstorm those out. Don’t censor yourself — put everything down.
- I could do some PHP coding, but I’m not the best.
- I could help businesses automate and streamline their income-generating processes. Vague, but okay.
- I could manage projects and lead teams towards deadlines/organizing. This is super vague, any 22-year-old college grad would say he could do the same, and it doesn’t take advantage of my specific skills. Skip this.
- I could be a technical writer and help companies demystify their technical-support documents. I could even rewrite the technical portions of their websites to make them more comprehensible to normal people, especially companies in the consumer energy field. Very promising, especially since I follow a few of these companies online.
Each of these individually is a potentially viable freelance trade – can you pick one and do it? The answer should be YES/NO to each. Put “YES” if even remotely feasible.
- PHP coding: YES
- Automate systems: NO (too vague for me to know where to start)
- Project manage: NO (too vague)
- Technical writer: YES
Excellent. Now you have a list of skills that might potentially be profitable.
Optional: Combine skills together to make a more compelling, more niche offer.
You can often charge more and help clients more by packaging offers. but In this case, it’s not very relevant, since technical writing and PHP coding are pretty different. But one of the people who helps on IWT pitched me to do video editing + marketing. Perfect fit. I hired him.
Next step: How can you prove to people that you’re knowledgeable enough for them to pay you?
The first thing I do when evaluating someone is look at their portfolio and past clients. because half of potential hires don’t have this section. Easy solution! I move on to someone who does ,Side Hustle Ideas.
- For our systems engineer, can he point to a PHP project he did on the side?
- What about a sample of technical writing where he turned something very complicated into something totally palatable?
Last step: Start finding clients. With your offering in place, it’s time to find potential clients. Sure you could randomly print business cards or set up a blog. But before doing ANY of that you need to make sure you have something people want ,Side Hustle Ideas.
Identify your clients. Who are they? What are their hopes and dreams? How old are they? What do they do? Are they married? How big is their company? (More on getting your first 3 clients here.)
Reach out directly. Lots of people set up a Twitter account and wait for the world to come to them. DON’T DO THAT. Once you’ve identified your potential client, email them directly. Example email:
This email script has generated thousands of dollars for my students and can help you connect deeply with your potential clients and begin a relationship that can lead to your first paying client.
Sell other people’s items on Craigslist or eBay
You’ll have to give them a commission, but if you know anyone looking to sell their junk, make them an offer and sell it for them on Craigslist or eBay. Start watching what items sell online and what amount they sell for, then look for those items, pick them up cheaper and sell them online.
Become a driver for Uber, Lyft or Sidecar
One of the most lucrative side gigs right now is being a driver for companies like Uber, Lyft or Sidecar. The average fares — depending on your local market — typically range from $11 to $15. It is said that people driving during Super Bowl week make up to $800/night.
Create an online class
If you have knowledge in specific subjects, you can create an online class on sites like Udemy. Piano, acting, SEO, entrepreneurship, writing, language, history, painting, knitting, quilting, woodworking — to name a few ideas. Write up a class schedule and what you plan to teach.
Flip websites
This sounds a bit shady, but if you play by all the rules, you can purchase a domain for cheap and make it valuable by adding quality content to gain traffic. It gets even more lucrative when you purchase a domain that already has an established business. I like using Flippa.
Investing and lending
Thanks to sites like Lending Tree, you can join a peer-to-peer lending program and earn money through interest rates.
Facebook and Twitter administrator
Some people have easily made $500 per month simply by being an administrator for someone else’s Facebook and Twitter pages.so you are a good writer and quick thinker, this is a fun job.
LinkedIn profile writer
If you’re proficient at writing an amazing LinkedIn profile, and have a knack for writing resumes in general, you can write profiles for professionals and bank an additional $1,000 to $1,500 a month.
Tax preparation
Everyone could use a little assistance when it comes to taxes. (Note: make sure to file a 1099 when you do this.) Some professional tax companies need seasonal help when they are in tax season ,Side Hustle Ideas.
eBook publishing
Another way to make extra cash through your writing is to publish eBooks in either your field of expertise or whatever you’re passionate about. This goes back to #6 and you can often combine a blog and an eBook, by taking all of your blog posts and making an eBook with them ,
“Frequently Asked Questions”
The amount of money you can make from side hustling will vary. You may only make a few dollars a week or you may find yourself making hundreds or thousands of dollars a month.
The way you get paid depends on who your client is and how you want to get paid. you may choose to get paid via check, cash, PayPal, credit card, direct deposit, etc
If you don’t think you have time, I want you to add up the amount of time you spend watching TV, on social media sites, hours that you can’t even remember what you did, and so on
There are many ways to grow your side hustle idea. Whether you eventually want to turn it into a full-time business or if you just want to start making more money, growing it is possible!
Got a question? We’re here to answer you! if you don’t find your answer here, drop us a line on our Social Pages.