These days, a lot of people are working a side hustle over and above their 9 to 5. Somewhere in the order of 15 percent of full-time workers in the U.S. have a secondary source of income, according to a 2017 banking survey.
The main reason, probably not all that surprisingly, is to bring a bit of extra spending money into the household. Who doesn’t want to be able to put a little bit extra aside for those optional luxuries?
But how do you begin? The road to a profitable little side hustle can be a rocky one, and it can all seem very daunting if you’re new to the concept. Here are three fun and potentially lucrative ways to bring in a bit of extra cash:
1. Build Up a Freelancing Career
The biggest draw of freelancing is that it’s one of the most flexible secondary sources of income out there. There’s no single way to be successful at it and there are a million flavors of freelancer. Love writing and words? No problem! You can develop a thriving boutique copywriting or editing biz. Got a talent for building great, quirky websites? You’ll also find a solid stream of demand. Pretty much any ability you have will be met with healthy demand somewhere. You just need to find it.
Fortunately, finding the work isn’t that hard, provided you’re willing to start small. Building up a presence on a micro work site like Fiverr or Upwork is a great place to begin. Once you’ve built up a solid portfolio you can think about promoting your skills on professional networking sites like LinkedIn.
2. Moonlight for an Established Company
The one downside of freelancing is that you have to be self-driven and patient to make it work. If you’re looking for an easier and more predictable path to that backup income, working for an established company like Amway makes all kinds of sense. Amway began as a family business over 50 years ago. The business found early success selling cleaning products but rapidly grew its product line to include a vast array of household products. Today they’re a household name.
It’s that immediate brand recognition that makes Amway such a solid prospect for a side hustle. You’re also walking into a biz with a lot of growth potential. Amway reported earnings of over $8.5 billion in 2017, placing it in the top 50 Forbes Largest Private Companies list—a clear sign you’re walking into a business that can shift product.
The clincher though is Amway’s approach to support. The company has invested deeply in a powerful support system for its side hustling sales workforce. New workers receive access to a comprehensive Amway education portal that provides an entire syllabus of lessons and guidance on how to build a prospering business which fits in with your life. Put simply, you can hit the ground running.
3. Sell Your Quirky Travel Experience
For those of you who enjoy discovering the weird and off-beat corners of this planet, you might want to explore a new and evolving kind of entrepreneurial enterprise: online travel consulting. This might at first seem like an odd business avenue to pursue. After all, there are a ton of large, established sites out there like TravelAdvisor and Yelp. Surely, they’ve cornered the market?
Tourism has changed a lot in recent years. A growing number of vacationers are no longer content with those superficial “sandal and long socks” tourist experiences we grew up with. There’s a whole genre of adventure-seeking known as dark tourism, where people look for unusual experiences they simply can’t find in a Contiki tour package. So, if you know a great place to grab a yak curry in Bhutan or even if you have some great tips on great places to see in your home town, you may be able to corner a unique and vibrant market. If an offbeat approach to grabbing some pocket money sounds fun, search for online travel agent courses. There are a bunch of resources out there to get you started.
Find What’s Right For You
Finding the side hustle that is perfect for you doesn’t have to be an onerous experience. There are so many options available, it’s less a matter of settling for what pays and more a matter of finding something which is right for your personality, skills and unique life circumstances. Good luck in your search!