There are several ways to make a little extra cash through side hustles. If you have the drive and passion, you can definitely do it. Whether you have a full-time job but you’re still struggling to pay off student loans or a credit card debt, or just saving toward a down payment or vacation, making extra money on the side is a smart strategy to achieve your goals.
Host Nicaila Matthew Okome, the founder of podcast Side Hustle Pro, tells entrepreneurs to understand their passions and interests. Her podcast is the first and only digital audio program to spotlight black women entrepreneurs who have scaled from a side hustle to a profitable business.
Okome recommends taking the smaller steps to start your side business. Even though you’re not knowledgeable enough in this field, taking the risk and starting somewhere is better than nothing at all. Only a few successful entrepreneurs started out as a pro, most of them started from the bottom of the ladder and got better with time.
You too can make your dream possible as long you put your mind to it. You can start your side business now in the comfort of your home without spending much money upfront.
To help you decide on what jobs to consider, here are 4 great ideas to make quick extra bucks on the side:
- Become a Digital Marketer
With how accessible the internet is, a job that involves connecting with your customers online is one of the easiest ways to make extra cash. Digital marketing encompasses all marketing efforts that include the use of electronic devices and the internet.
Grant Sabatier, the Millennial Money creator, named digital marketing as one of the best ways to earn a new revenue stream. At the age of 30, Sabatier was able to achieve financial independence by combining smart investing and side hustles.
However, to be able to become a successful digital marketer, it is recommended that you get first a certificate in digital marketing to learn the fundamentals to back your name up with some credentials. Nowadays, certification is low-cost, or sometimes it comes with no fees at all, such as Google AdWords.
- Invest in Selling Domain Names
In addition to becoming a digital marketer, you can also make a significant amount of money by selling domain names. Sabatier also made money through buying and selling domain names. Popular websites such as Hotel.com and Business.com were reportedly sold for $11 million and $7 million, respectively.
Buying and selling domain names is an excellent way to earn extra money. Although it might not make you wealthy in an instant, it can be your steady source of extra income if you know the primary process of how it works.
Domain flipping is the practice of purchasing domain names from sites, such as NameCheap and Godaddy, and resell them for a profit later on. You can buy a domain at a lower price and sell them at a higher price.
However, buying and selling domains might be a risky job but can pay off big if the investment is significant. But if you get ownership of some good quality domains and choose the right marketplace to sell them, then this side hustle can be profitable for you.
- Sell Your Skills
Good side hustles, like blogging or posting know-how videos, allow you to earn money by trading your skills. If you are knowledgeable at writing, cooking, foreign language or DIY crafts, then make those skills to good use and start earning money on them from home.
Blogging is probably one of the best side jobs. You can write about beauty, yoga, business, or about your passions. Earn through blogging by monetizing your blog in a few ways such as sponsored posts, affiliate links or adding a shop link and some ads on your post.
You can also create informative videos and post it online on a site that pays you every time someone accesses your content. Chris Haroun, founder, and CEO of Haroun Education Ventures has sold more than 500,000 of his online business and personal development courses. He earns money by posting videos on Udemy, an online teaching platform.
- Start Selling Online
One of the best ways to start a lucrative side business is to sell products online. You can make money through online auctions of products on eBay, Poshmark or Etsy.
On what types of products to sell, Okome recommends picking something you naturally gravitate to. If your passion is to electronics or clothes, then explore more on them to develop your skills in online business.
Okome reminds new entrepreneurs not to be overwhelmed by their goals. You don’t have to be an expert to excel well in your side business. Start now with a mindset that you’re achieving goals one step at a time. “Done is better than perfect,” Okome said.