Want to START a business? Go here: https://bizwebjournal.com
Want to GROW your business? Go here: https://dominoleads.com
FREE Ways to support me:
- Like this video
- Subscribe for more
- WATCH all the way to end
DISCLAIMER: Some of the links I share are affiliate links, meaning I may earn a small commission if you make a purchase (at no extra cost to you). Rest assured, I only recommend what I use, trust, and pay for myself. The information in my videos is for entertainment and educational purposes only. I am not a financial advisor. There are no guarantees of income or success, and any results mentioned are not typical. Always do your own research before making financial decisions.
Video transcript:
In this video, I'm going to share 10 of what I believe are the best side hustles for the year ahead, and I've categorized them into digital, service-based, and creative side hustles. I've also given each idea a ranking in terms of the amount of time you need to invest, and how hard it is to earn your first $100. Let's start with digital side hustles.
These are perfect for you if you want to make money online without leaving your home. To do this, here are the strongest ways I've found. 1. Digital products Creating and selling a digital product is such a good way to earn passive income with very little upfront investment.
It could be an ebook about something you're passionate about. It could be social media templates, or it could be a budget tracker. There are so many ways to turn your skill into an income.
I have seen some great examples on Etsy, with people selling digital products and making over $1,000 in the span of 30 days. It might not sound like a groundbreaking amount, but knowing that you've just earned that completely passively with location and time freedom, it's such a great feeling to have. I remember when I first sold my first digital product about 10 years ago, which was an ebook about marketing, I was selling it for $27.
And I still remember to this day when I made my first sale, I was in my backyard scrolling my phone when I saw the checkout. And I thought to myself, I just made that completely passively. I wasn't even at my desk, I wasn't even doing anything.
Someone just saw my ebook and bought it. And the profit margins are so high because you just need to create it once and then you just keep on selling it. In terms of time intensity, I'd give this a 3 out of 5. It's pretty easy to create a digital product with the help of AI if you know what you're doing and you're utilizing your skill.
In terms of earning your first $100, I'd give this a 4 out of 5. If you're using a platform like Etsy or Amazon KDP, you are competing with pretty much millions of other sellers. But if you have your own marketing strategy and you know exactly how you're selling your product, it gets a lot easier. Secondly, AI content creation services.
I specifically mentioned AI because it has massively lowered the barrier to entry for creating content. It's now easier than ever for people to create high quality content for other businesses without having years of experience. There's tools like Koala Writer, Mid Journey, or Leonardo that allow you to create articles, social media posts, marketing copy, and even product descriptions very quickly.
And this is where the gap is. There's so many businesses that need content but simply just don't have the time or the expertise to create it themselves. Small business owners in particular, they're juggling so many tasks at once.
They know how important good content is to bring in customers, but it's just not a priority when they're so busy running the business. So this is where you could step in and do this for them. In terms of time intensity, I give this a 2 out of 5. Setting up and mastering AI tools might take a little bit of time at the start, but content generation after the initial setup can be done fast.
For the difficulty to earn your first $100, I give this a 3 out of 5. The key is to find your client that you could then use to build your portfolio, and that will require some outreach to start with. 3. An online course Online courses are a really powerful side hustle because they leverage your existing knowledge and let you turn it into passive income. And there are so many tools such as HighLevel that let you do it without having an audience.
Even before I had a sizable audience, I had courses, which I was earning money from. Nowadays, I give all my courses and marketing training away for If you want to check that out, go to the first link in the description. So in terms of how to get started, first, start by identifying a skill or an area of expertise that you feel confident about teaching, that people come to you for advice on.
Secondly, I'd validate your idea by researching popular courses on popular platforms like Skillshare and Udemy, and also use surveys and have conversations with your followers on social media. Ask them what they want to refine your topic. Then once you finalize your idea, you need to actually create your course material.
So that means brainstorming your curriculum, scripting your lessons, and recording your content. In terms of time investment, I give this a 3 out of 5. Creating a high quality course could take several weeks or months, but once you've done it once and set it up, it could generate passive income for you continuously. In terms of difficulty to earn your first $100, I give this a 3 out of 5. Success really depends on the demand for your topic and the marketing efforts you put in.
You don't need to have an audience. You can also run targeted ads on Facebook or create a course and put it on a platform that already has an audience looking for your topic. But having your own audience still fast tracks this.
Moving on to number 4, virtual assistant services. More and more businesses are looking for virtual assistants. And it's not just online businesses anymore.
It's also physical businesses that are outsourcing. I was recently speaking to a friend who owns a roofing company and he told me that they have a virtual assistant handling all of their customer follow-ups completely remotely. As a virtual assistant, you take on tasks like scheduling appointments, managing emails, handling customer service, or even running social media accounts.
The role is really quite flexible and allows you to tailor your services to your strengths. In terms of time needed, I give this a 3 out of 5. You'll need time to manage clients, but work can be flexible. And in terms of difficulty to earn your first $100, I give this a 2 out of 5. If you put your services on the right platform, such as Fiverr or Upwork, it could be quite easy to find your first client.
Now moving on to service-based side hustles. And this is for those of you who prefer connecting with others and being a bit more hands-on and working with other people. First is coaching or tutoring services.
People are always looking to learn and improve their skills and offering personalized coaching service. One-to-ones is a really good way to monetize your expertise. It can be one of the most lucrative side hustles when it's scaled because people pay a lot for one-to-one coaching.
So to do this, think about the topics that you are passionate about. What are you always talking about? What is the content that you keep consuming? What are the things that your friends and your family and your colleagues always come to you for? Then do some research to see if there is product market fit. I'd recommend to start simple by offering a booking calendar link where people can tick your brain for just 30 minutes about your niche topic for $50 to $100.
Launch it to your following on your Instagram or LinkedIn account. And you'll quickly find out if there is a demand for this. And if there is, and you've got enough happy clients, that's evidence of an existing market and also gives you testimonials for the value you can provide.
In terms of time needed, I give this a four out of five. These sessions can take up a lot of your time. It is active income.
And in terms of difficulty to earn your first $100, I give this a three out of five. You want to price it correctly, especially when you're starting out to not scare people off if they don't even know you can deliver on what you say you can offer. You can turn it into group coaching over time so you can scale and make more money within the same amount of time.
Next up, we have event services. People are constantly organizing events from personal milestones like birthday parties to weddings to business focused corporate meetings and conferences. As an event planner, you're essentially taking away all the organizational stress for that company or that person.
And people are willing to pay a lot to outsource the work and stress involved, especially when it comes to weddings or huge events. For this, I would start small, offer to plan events for families or friends to build your portfolio, to get some photos and be able to showcase what you can do. Then build your networks to collaborate with local vendors, caterers, photographers, florists, create reliable contacts that can make your event planning smoother and more efficient.
And then offer and expand your services. Once you've established a portfolio, take on larger events, weddings, community functions, gatherings, and market your services along the way, sharing your photos and testimonials on Instagram, Pinterest and LinkedIn. If you like event organizing, then this can be a really fun way to turn your passion into a side hustle.
In terms of time needed, I actually give this a five out of five. Event planning can be very time consuming unless you hire a team and outsource the work. In terms of difficulty to earn your first $100, I give this a two out of five.
It's possible once you've built up your portfolio and landed your first couple of clients. And if your services are good, this is something that you can grow fast through word of mouth. Now let's move on to creative side hustles.
If you're inspired by the idea of getting to express your creativity through your work, then creative side hustles are for you. First, let's start with video editing because the more people I speak to, the more I'm hearing that people want to get into content creation and are looking for a good editor. With the explosion of content creation comes the demand of video editing.
And in fact, this was one of the first things I hired for. Businesses, creators, influencers all over the world are willing to pay for good, edited, polished, engaging videos. Personally, my video editor reached out to me with a sample of one of my videos re-edit.
He sent me an email. I gave them a shot. And I've used that editor for several projects.
To start with, you can apply a similar approach. Reach out to your favorite YouTuber or to other small businesses and offer them a sample of the editing work that you can do for them. In terms of time intensity, I give this a four and a half out of five.
Video editing projects can take a long time, especially if you're looking for more advanced graphics. In terms of difficulty to earn your first $100, I would say two out of five. There's a really high demand for entry level video editing gigs depending on the market.
Next, we'll move on to web design. Every business needs an online presence, and not everyone has the skills or the time to create a professional looking website. Web design is a lucrative side hustle with potential for recurring revenue by also having maintenance services attached to it.
You can start a web development company with only like $30 in initial costs, and you can grow it organically through referrals and SEO. In terms of time intensity, this is a three out of five. Designing and testing used to take a lot of time, but now with tools like Webflow and Framer, it can be done much faster using AI.
In terms of difficulty to earn your first $100, I'll also rank this a three out of five. Local businesses are often open to hiring depending on how you approach this. It essentially comes down to how you market and sell yourself.
Let's move on to graphic design. Graphic design is at the heart of branding, marketing, digital content creation. Businesses all need logos, they need social media graphics, they need promotional materials, and it makes graphic design a reliable and a rewarding side hustle.
It used to take a long time to become good at it with tools like Photoshop, which took a long time to learn. Fast forward to today, and you have so many AI tools and software available. So in terms of time needed, I would say a three out of five depending on how complex the project is.
For the difficulty to earn your first $100, I would say a two out of five. There is a really high demand, especially for entry-level services. The last one up is copywriting.
Writing for businesses can be highly profitable with the right approach. Businesses of all sizes need quality content to engage with their customers, build their brand, and drive sales. But again, most people don't have time to do this.
If you can offer your writing services in terms of website copy, product descriptions, email marketing. Now with the rise of AI, I would say that the demand for copywriting has reduced. But if you can offer this as a service combined with research, or with marketing and proof how your previous writing has increased conversion or increased open rate for emails, that's what's going to really make you stand out when it comes to finding a client.
In terms of time needed, three and a half out of five depending on the project and the research required. In terms of difficulty to earn your first $100, I would say a three out of five. So those are some of what I believe are the best side hustles to try out.
Now, if you want to start your own real business instead of a side hustle, check out the first link in the description where I give away all my training for free to get you started. Thanks for watching and I will see you in one of the next videos that should pop up right about now.