Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Many of us have hobbies which we’re good at. The thought may cross your mind at some point though if that hobby can be turned into a side hustle. The following contributed post is entitled, Is A Side Hustle Right For Your Hobby?
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Side hustles are nothing new, people have always looked to earn extra money, even from a young age. You clean your parent’s car for pocket money, shovel snow from neighbours yards for money and look to complete menial tasks in return for a monetary reward. This mindset follows us up to adulthood and people are always searching for new and exciting ways to increase their revenue. From making and selling their own products, offering their time and expertise to simply taking part in a multi-level marketing programme.
Over the course of the pandemic, a lot of people found themselves losing their jobs or having their hours reduced. This in turn meant they didn’t have a lot of income and were starting to fall behind on their payments. We saw a rise of side hustles and small businesses arose over the pandemic which some people carried on, some people gave them up and went back to work and some people who were lucky and got huge success from it ended up turning it into their main source of income. It doesn’t have to be a service based company, if you are a fashionista, you could look to get one of the commercial embroidery machines so you can design and customise your own clothes to sell.
Many small and independent enterprises seek the services of a virtual assistant. It assists them in delegating work so they may focus on the broader picture. Basic administrative activities, such as dealing with various paperwork, making phone calls, responding to emails, and anything else that an assistant may perform are typical. Distinct firms have different jobs that need to be completed, so it’s a good idea to outline them at the start. If you have the time, you could take on a few clients and earn a decent living.
Social media managers are one of the latest and most fashionable careers available right now. Your job entails managing social media accounts, engaging with others, and assisting with the growth of the accounts. It may appear simple, but there’s a lot more to it than just publishing on it once in a while. There’s a lot of planning involved, as well as hashtag research, editing, copywriting, and research. There are a plethora of free online courses available that will teach you the fundamentals of social media management so that you may study and expand your expertise in that area. There are also a variety of tools available, such as planners and graphics apps, to assist you in performing the position more effectively.
Childcare isn’t just for teenagers anymore. When it comes to child daycare, there are many various roles you can play. Babysitting is on the simpler end of the spectrum. Because babysitters are not required to have professional qualifications, this could be something you start doing on the side. There are numerous childcare organisations that match clients with babysitters. Childcare can entail caring for extremely young children for the entire day, but you could also provide wraparound support for students if you may not want to work as many hours.
Tutoring is another fantastic activity you can do in your free time. Depending on the circumstances and subject, this can be extremely profitable. If you are extremely gifted in mathematics or Languages, you can teach students in order to assist them in passing their examinations. You can even do it as a video conference from the convenience of your own house, eliminating the need for commuting or travelling. Positions like these spread through hearsay, so if you assist a child to learn and flourish in an area where they formerly faltered, parents will refer you to others who can help them.
Side hustles can develop in value based on how skilled you are at what you do, and some individuals make enough money from it to make it their sole form of revenue. One of the benefits of earning money digitally is that you may work just about anywhere in the world as long as you have a computer and access to the internet. You may travel abroad and work while relaxing on a beach. As you develop and get faster at what you do, it will take less time for you to accomplish projects, allowing you to earn more money while working less. It very much depends on you as to how far you take your side hustle. You may want it to grow to eventually take over your normal job or you could also just want to do a few things a month for a bit of extra cash.
