Isn’t it interesting how your financial expenses seem to increase with your income? The truth is, no matter how much you earn, you could need more streams of income. If you’re looking to increase your savings, resolve specific needs or just boost your income, a ‘side hustle’ may be your answer.
Your ‘side hustle’ is a job that allows you to make more money and ideally, it’s flexible enough for you to manage with your full-time job.
Not sure what to do for a ‘side hustle’? The first step is to check your skill set. Many of the skills you use in your “hobbies” and your regular job can be leveraged to make some extra cash.
Here are 10 ‘side hustle’ ideas you can start to earn extra income from today;
1. Teach private tutorials
Are you great at teaching professional and preparatory examinations like ICAN, ACCA, CIPM, CIS, GMAT, GRE, IELTS and so on? Do you work as a teacher or have experience as one? You can start making some extra money with your academic skills today. Platforms like Prepclass allow you to connect with people in need of tutors.
2. Freelance Writing
Leverage on your writing skills by offering your services on platforms like Fiverr. You could personally reach out to online publications anywhere from The Huffington Post to Pulse Nigeria with writing samples. You’ll never know who will say “Yes” until you try.
3. Host A Masterclass
If you work as a skilled personnel, you have a great chance of passing the knowledge to people who are just starting out or looking to apply these skills to areas of life. Everything from organizational skill, presentation skills to more specialised skills like Graphics Design, Digital Marketing, Microsoft Applications usage, Customers Engagement Skills, can be sold as classes to the public.
4. Photography
If you have photography skills and you’re not already making money from it, you need to get on this pronto! You don’t need to be a TY Bello before you start earning from your skills. You can start taking stock photos today. Or offer your services for events on weekends or free days.
5. Drive Uber/Taxify
If you own a car, the least you can do is make it pay its own way. Seriously, a few hours driving on weekends can go a long way in supplementing your income.
6. Event Planning
Here’s a skill many people take for granted. But if you’re the ‘go-to person’ in your family or group of friends when it’s time to plan that Christmas party or surprise birthday bash, you might want to organise your skills and make it a business. You could start with small events until you’re confident with balancing it with your regular job.
7. Provide Solutions For Small Businesses
Today, small business owners need a range of support services that they may not be able to get someone on a full-time basis. You could be an Accountant, a Digital Marketer, Graphic Designer, Lawyer etc. These skills can be offered to small businesses for a fee that is mutually beneficial.
8. Start An Online Business
The beauty of an online business is you can pace yourself while incurring very minimal overhead and there is no shortage of ideas. You could start a thrift store for clothes, sell hair and hair accessories, fabric and so on. Affiliate marketing is another option. Online shopping platforms like Jumia and Konga; have easy setups that you can join today.
9. Hair and Related Accessories
Whichever way you slice it, Hair is big business. Sell it, Make it, Groom it, the possibilities are endless. You could open a hair accessories business or a mobile hair grooming business, provided you have the skills.
10. Cook/Bake
Who says you can’t enjoy cooking or baking on weekends while making money from it?