Considering the current state with the COVID 19 pandemic we are all facing it is becoming more and more obvious that we need to look into adding additional income streams to support our financial needs and to mitigate our personal risks.
It's actually a no-brainer, no matter what financial state we are in, to add a little extra income from other sources as this could really change the direction of our lives. You could use it to save up for your dream trip or consider this ~ what if I told you that if you invested $200 a month toward your retirement you could turn it into $5million? You will have to adjust the figure based on your age but even with adjustment the figures and potential value and what that could mean for your life is staggering - see below:
To understand how this is really a probable outcome check out the full article here.
Ok so let's say you're are convinced, we could all use a little extra cash right? Here are 5 side hustle ideas you can easily implement to add a little extra cash to your life. Bonus, I chose these 5 because if you get good at them they are easily side hustles that can earn more money and over time replace for your full time income source ~ FREEDOM.
1. Notary Public Service
If you live in the United States or Canada you can become a certified notary with an average cost of less than $100. Once you do become certified you are able to set your own fees and can notarize the signature of documents in your spare time. This can bring in up to &1500-$2000 per month if you play your cards right. Also, a notary looks good on your resume so win/win.
2. Teaching Online
Everyone has had their unique set of life experiences that makes them who they are and let's face it an expert in something. Whether that is related to your current profession (ex. Finance, business, marketing, etc) or personal (ex. Relationships, divorce, meditation, recipes, etc) it could even be something super niche (ex. Making sweaters for cats, everything you need to know about peanut butter, pink nail polish, etc) everyone has something they know about or are passionate about that they can teach.
With that said why not take that knowledge and build a course around it to teach it to others. There are multiple ways that you could earn from the course, you could sell it through an online platform such as Udemy and make a percentage on every sale or you can position yourself as the expert on this topic and sell it privately making the full profit for yourself.
What's more is that you do all of the work upfront to create a great course and then you're done and it can earn you passive income for years to come. Now that is a good investment!
3. Selling on Etsy
Do you have a hobby or a craft that you like to do on the side? Why not make some money with it using the largest online marketplace for hand made goods Etsy.
You can make craft supplies (glitter a laundry pin or make a pretty envelope) or candles or paintings or jewelry, really anything. Now Etsy even allows print on demand, digital and drop shipped products so there really are no limits to what you can do.
Think about it, if you wanted to make an extra $200 a month all you would need to do is sell 8 products valued at $25 each.
This can easily turn into a full time gig over time if you are passionate about what you are doing and providing value through your products.
4. Affiliate Marketing
Affiliate marketing is where you can refer customers online to buy products and earn a commission on that sale.
There are literally a ton of companies and platforms available out there where you can sign up for free and promote products that you actually love and care about and make money on each sale.
You will need to invest some time into building an online presence for best results. You can promote these products in various way, ads, giving online reviews of the products, writing an article, adding a link to your website etc. And what's better, in a lot of cases when you sign up to be an affiliate you will get a discount code that you can share with your audience should they buy the product which adds value to them (and in a lot of cases you get an even larger personal discount along with a commission for the sale)
Again, with this example the amount you can earn is really up to you and this can be turned into a full time, high earning business overtime.
5. Online Mastermind
Further to the teaching online example, using your knowledge, the sky is really the limit as to how much you can make by teaching others through a mastermind. The self-education industry is huge and growing expected by Forbes to reach over $1 billion by 2025, why not take a piece of that action? And let's face it the current school system as it is failing us and it is not preparing us for how life will be in the future. It was made for a time after the industrial revolution where everyone had one career, worked for one company for their whole lives, got a gold watch when they retired and that's it. But that's not how it works anymore and the future is in self-education!
Not sure how or where to start? Try out the Knowledge Broker Blueprint (KBB) course. It is offered by Tony Robbins and Dean Graziosi (Can't have more trusted names that that) who teach to thousands of people on the daily, so they know what they are talking about. They walk you through each and every single step to running a successful mastermind online or in person. Don't know what it is that you can teach or what is your expertise? They also walk you through how you can figure this all out, plus you get software that essentially runs the whole Mastermind meetings for you. One added bonus, you can link your online course as an upsell to your Mastermind from point 2 and increase your earning potential.
The digital economy is here and only getting bigger. This is the perfect time to jump into the self education movement with confidence, with guidance from those who have done it combined for over 60 years and with the support to help make this real in your life.
What are you passionate about? Wouldn't you love to create success doing THAT? You can! And that's exactly what the KBB course and software will allow you to do. Click HERE to join the webinar and training and find out all that you need to know about the KBB program and how you can start running your own mastermind as a side hustle and one day a full time very lucrative business!
Plus there are so many testimonials out there of people making over 6 figures each year (in some cases each month) by teaching masterminds. All done by giving people value, in something they actually want to learn about and that you can teach them. I call that a win for everyone. Check out some real testimonials below if you're not convinced and link here to for FAQ's.
Plus they've created maybe the best bonus package I've ever seen! If you enroll today, here's all the details on what you'll get:
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For a full list of 99 side hustle ideas check out this article.
For a small dose of inspiration each day check out the Side Hustle School Podcast with Chris Guillebeau. Where each and every day he highlights a different story of someone who has started a side hustle. I found this one particularly interesting and another great example of a side hustle that anyone can do and that this women turned into a success, you will want to check this out here:
Check out these books:
As always, I would love to hear your feedback, do you have other great side hustle ideas to share, did you put any of the above into action, what do you think about the above? Please leave a comment or each out to me via email, I'd love to hear from you while you…..
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