1. Become a virtual assistant
How Much Money Can You Make? $1,000-$10,000 a year
Side Hustle Effort Rating: 4.5/5
The term “virtual assistant” was relatively unheard of outside of certain industries before the pandemic, but as lockdowns were implemented by governments across the world, many PAs swiftly turned into VAs, while many others took up full-time jobs as virtual assistants.
“Virtual assistant” is a job title that can encompass all sorts of duties, from event planning and diary organization to social media management. Some virtual assistant jobs will require you to be available during the 9-5, while others might be more light-touch. However, it’s worth seeing if there’s a job of this nature that suits your timetable.
If you want a high-paying role as your side hustle and you’re prepared to do the hard yards for some cash, search for a VA job in a country that is in a different time zone to you. Make sure you peruse social media sites like Facebook and LinkedIn too, which have groups that feature callouts for assistants with specific skills.
Belay, a hiring site for virtual assistants, says that virtual assistants who use their platform to connect with clients make between $18-21 per hour. Other job listing sites like Monster have roles listed for $30 per hour.
2. Sell printables on Etsy
How Much Money Can You Make? $1,000-$10,000 a year
Side Hustle Effort Rating: 4/5
A “printable” is a 2D, digital asset – which can be anything from a worksheet to a poster – that you can design with tools like Canva or Photoshop. Once you’ve created one, you can sell it online.
It’s possible to make quite a lot of money by selling printables on Etsy – one seller who spoke to CNBC makes $10,000 a year – but others have made even more. Creating seasonal printable products, such as Christmas coloring sheets for children – as well as being generally aware of trends that could affect your sales – will help you increase your profits.
You can set up an Etsy Store really easily – all you have to do is provide a little bit of information about where you’re based and what your business is selling. You don’t need any sort of special business license to sign up for Etsy because customers are protected by Etsy’s payment protection scheme.
This is an ideal side hustle for people who have an artistic background or some experience with graphic design tools – this will greatly affect how quickly you can get going, and how much you can charge for the products you’re listing. Plus, there’s very little in terms of overheads, especially if you already have a subscription to a graphic design platform or a tool like Canva.
3. Create and publish an Amazon eBook
How Much Money Can You Make? $2.99 – $9.99 per book sold
Side Hustle Effort Rating: 3/5
Writing a book doesn’t sound like a quick and easy way to make money online, but compared to some other side hustles, it actually is – largely because you can ask ChatGPT or Bard to help you with it.
First, ask ChatGPT to write you a short story for children. We’d recommend specifying an age group (e.g. 8-10-year-olds) you’d like the book to be geared toward and making sure your prompt includes a story outline and information about the characters you want to be included. You can dictate the length you’d like the book to be by the way you ask ChatGPT to write it. It’ll produce a longer story if you request your book chapter by chapter.
Once ChatGPT has written your book, you should edit it to make sure it’s accurate and makes sense. Then, you can start selling it through Amazon’s Kindle Direct Publishing (KDP) program which allows anyone to sell and market a book. You’ll need a cover image too – some people pay a small fee for one, while others make them using Canva.
4. Build and monetize a website
How Much Money Can You Make? N/A (dependent on site type)
Side Hustle Effort Rating: 3.5/5
Building a website and then using one of the various ways to monetize it is one way to make money online. Plus, once you’re finished setting it up and you’re making revenue, maintaining it is something you can fit around your main job/source of income.
There are various ways you can make a website from scratch, such as a website builder like Wix, which is what you should opt for if you want to build an online store. However, you will have to pay upfront for a premium subscription plan if you want ecommerce features.
You can ask ChatGPT to help you generate the code for a basic HTML website for free, and then you’ll have to monetize a different way if you’re not selling products. Along with selling products and services on an ecommerce store, there are several ways you can monetize your traffic:
- Google AdSense: You can monetize your website traffic by running ads on your site, and the easiest way to do this is through Google AdSense. However, you’ll need quite a lot of traffic (50-100K+) to make any considerable monthly profit.
- Affiliate partnerships: some products, like VPNs, can provide you with links that you can put in your content (such as a review of their product) that will tell them people are reaching their site via your site. They will then pay you for this.
- Drop-shipping: drop-shipping involves building an online store, but the products you’re selling are manufactured, stocked, and shipped by a third-party company.
5. Become a mystery shopper with Field Agent
How Much Money Can You Make? $3-25 per hour, job dependent
Side Hustle Effort Rating: 2/5
Mystery shopping is one of those side hustles you often hear a lot about – although not that many people take advantage of what is relatively easy work, compared to some jobs.
In a nutshell, mystery shoppers are paid to enter a store and then report back on their experience while there. Companies will often pay for mystery shoppers to attend their stores so they can get honest feedback.
Field Agent is one of the best Mystery Shopping services around, and there’s an easy-to-use app you can download on your mobile device. Taylor Hayes, CEO of personal development company Imperfect Taylor, told Yahoo News in July of this year that he used Field Agent as “a side hustle to pay off [his] debt.”
6. Start freelance writing or editing
How Much Money Can You Make? $10-40 per hour, skill dependent
Side Hustle Effort Rating: 3.5/5
There are lots of sites online where you can start writing and editing for clients on a freelance basis. You can make yourself a free profile on websites like Upwork and Fiverr and apply for editing, writing, and proofreading jobs instantly.
If you have English as a first language and/or a university degree in an essay-writing subject, and don’t charge quite as much as the full-time freelancers, it can be quite a lucrative endeavor. Some clients on UpWork spend hundreds of thousands of dollars on freelance contracts. If you’re fluent in another language, you’ll also have the capacity to provide translation services.
Another option is writing product descriptions and smaller pieces of copy via sites like Crowd Content, which take new writer sign-ups all the time. You have to work up a bit of a reputation as someone who produces good work to get paid well, but if you’re already an accomplished enough writer, you might find this a good option.
7. Become a retail arbitrage guru
How Much Money Can You Make? N/A (effort dependent)
Side Hustle Effort Rating: 3.5/5
If setting up an online store and selling original products sounds like too much effort for you, why don’t you just buy items from someone else, resell them for more money, and then just keep the profit?
This is called “retail arbitrage” – which is essentially just buying products during clearances or periods where they’re marked down, and then selling them when they become more expensive again.
This does require you to put quite a lot of effort into understanding the ecommerce platforms that you’re working on, selecting a vertical/category of products that you’re prepared to become familiar with, as well as finding tools needed to track prices.
However, if you’re someone constantly on the hunt for a deal and spend most of your time online comparing prices anyway, then you could put your skills to good use.
8. Sell your old clothes on marketplaces
How Much Money Can You Make? $1-$100 per item (but potentially more)
Side Hustle Effort Rating: 1/5
If you’re one of those people who has heaps and heaps of clothes boxed up in their attic or an ever-expanding wardrobe, selling your clothes could be a way to make a lot of money. Depending on the size of your collection, you might end up making money pretty quickly – especially if you’re prepared to put things you haven’t worn for years on sale for cheap.
It’s actually never been easier to sell your clothes or old items online. Along with sites like eBay that have existed for years, platforms like Vinted make the sale and postage process simple, and it’s easy to build up a good reputation by being punctual and communicative.
9. Participate in focus groups
How Much Money Can You Make? $50-150 per focus group
Side Hustle Effort Rating: 2.5/5
Companies need focus groups to get a good gauge of how products or services might go down with the public before they’re released. They’re also used by governments to understand how policies might be received by the general public, and digital content companies use them for UX research.
In a focus group, you’ll simply be asked for your opinion on a website, or a product, or for your perception on specific job roles or political issues.
Userinterviews.com is a good place to start if you’d explore this as a potential side hustle – you can start applying to participate straight away. Some of the focus groups listed on the site will pay upwards of $100 for just 90 minutes of your time.
Source: 13 Side Hustles That Can Make You Money Online Explained