In today’s era, everyone has some or the other side hustle that they are working on. Having a side hustle has become very popular since some time. This is because a lot of people are not happy with their jobs and want to start their own businesses where they can earn more for themselves. Side hustles can be a perfect way to build a business while you already have a job that does not pay you enough. And if you pick up one of the best side hustle ideas, you can build a business and then leave your job to work on it full time once you are all set with it.
This article would help you with the best ideas to start your own side hustles online. Keep reading!
People who hustle a lot love to boast about it. But if you have not yet started a side hustle and do not know where to begin from, then we are here to help you. Maybe, you are not even sure what kind of side hustle is right for you. Whatever the issue, we have put together a list of side hustle ideas that can help you. But before we can talk about the best side hustles, let us understand what a side hustle is all about.
What is a side hustle?
A side hustle is an extra employment that is undertaken by a person who already has a full-time job. This is usually freelance work or any work that adds to their income. It acts as a supplement income. The best side hustles are the things that the person is already very passionate about. But just to be clear, side hustle is not a part-time job. This is because a part-time job entails a person to see what you are doing (you will have an employer), side hustle usually involves you calling all the shots.
Due to the financial security issue that many people face, side hustles have become common and have proven to be a viable option for many people who are working to get out of debt. It also works in helping those who want to become an entrepreneur soon. The side hustle is when the person completes their day 9-5 job and then works on something else in the evening, weekends or vacation breaks.
It is very easy to start your own side hustle and complete work on contract, freelance, part-time or on-call easily for any company. In fact, for those who are not ready to quit their jobs or are scared to move ahead with their business plan with full attention, side hustles can offer a great way to start off without anything to lose.
Pros and Cons of Side Hustle
Although the best side hustles can be great, there are many things that you need to keep in mind. It has many positives and negatives which also need to be considered if you are about to start with it. All has been shared below:
The pros of having a side hustle include:
- There are many great side hustle ideas.
- You can meet new people while working for something new.
- It can help you grow your professional network.
- Side hustles would keep you motivated.
- It would help you grow as a person.
- You can work on your side hustle around your passion.
- It is very easy to quit a side hustle.
- Having a side hustle can help you become more resilient,
- You can work for as long as you want.
- Online side hustlers are location-independent.
- The best side hustles would give you flexible job opportunities.
- You will be able to learn so much.
- It would help you make a lot of extra money.
- You will become financially independent in the long run.
- Financial pressure would reduce.
- It is the best way for you to get out of your cubicle.
- The side hustle can be turned into a full-time business after a while.
- You can build your personal brand using the side hustle ideas.
- It can offer you many strengths and a way to move out as well, if you hate your current job.
- It can be helpful if you are not completely occupied in your current job.
- You will become more independent from the corporate world.
And you can add many more pros to this. Having the best side hustles is actually a great thing not just for you financially but also for your growth.
But with the positives, comes the negatives too. Here are the cons for having a side hustle:
- Your performance in your day job might suffer.
- The side hustle can fail.
- People might try to bring you down.
- Having a side hustle can be hard if you are living with your family.
- A few people quit their day jobs way too soon for their side hustle that causes issues.
- Your side hustle can feel like a job in the long run.
- Some people underestimate the challenge that comes with the side hustle.
- You might have to move out of your comfort zone to succeed.
- You would have to give up your leisure time to focus on your side hustle.
- They can be time-consuming.
- You will have to put in a lot of work.
- It is important to have patience for this to work.
- A lot of people give up on their side hustles early.
- Some employers do not allow you to have a side hustle.
- It might lead to a burnout.
- The side hustle can become stressful.
- It can be exhausting.
Although there are some cons for this, if you are ready to take up a side hustle and handle all the challenges that come your way, then go ahead. Pick up one of the best online business ideas and turn it into your hustle.
Best Side Hustles in 2021
With all this clear, which are the best side hustles that you can easily be successful in? Here is a list that we have put together for you:
Online freelancing is one of the easiest and best kinds of side hustle ideas that you select. There are many ways for making money online with freelancing. In short, if you can make videos, program, write, read or are open to learning new skills, you can easily make money by offering these services online. If you are into accounting and bookkeeping, or anything that can be done online, these can be also turned into your side hustle online. You can work on online transcriptions, or offer online virtual assistant services, and even become a social media manager. In short, the freelancing potential is limitless. You can pick up anything and work on it easily.
#2 Start a Blog
You can also start your own blog and share your views there. Although, you need to know that you will not get immediate income through this. But as you grow, you will begin to earn through this as well. It would take some time from about a month to 12 months. Pick up topics that would entice the audience and advertise your blog on social media platforms so that people come and read it. Also, you will need to work on this consistently if you want it to work. Just that it starts slow.
#3 Online Tutoring
In case you are a teacher, or someone who holds a degree, you can be paid to be a tutor online. This is actually one of the biggest growing areas online right now. A lot of people are looking for tutors online. In fact, teaching English online is the one that has the most demand at the moment. A great benefit in this is the difference in the time zones. Night time in the US is day time on the other side of the world. This just makes the hustle much easier. You will have to look for websites online that you can join. Or, you can also tutor students near you in your house or by visiting them.
#4 Create online course
Creating an online course is another one of the best side hustles that you can take advantage of. Use platforms like Teachable or Udemy to sell them. It would help you leverage your skills and create a healthy income through it. Based on how much time you invest in your course, you would be able to make a good amount of revenue from creating courses and delivering them.
#5 Food delivery
Delivering food and groceries have become quite popular. It has grown a lot, especially since the pandemic started. And it is one of the best side hustles that you can have. If you have a car and want to make some extra money, then this is a great idea. The only negative thing about this is that you cannot do this all the time since restaurants are not open beyond 2 am. And due to this, you might not be able to make as much as you would have with other ideas.
#6 Ridesharing (Uber/Lyft)
You would have heard a lot of people talking about ridesharing. Well, this is the new thing that many people are opting for. Some people love doing this, while others despise it. However, if you want to earn a bit extra and you have a car, you can start this side hustle. It is one of the best side hustles that you can pick and is one of the jobs where you can literally do anytime, and anywhere. Want to earn some money by 3am? Well, you can do it with this. With this, you can earn on your terms, where you want and when you want.
Do you love kids or have you had enough experience babysitting your siblings? Would you love making some extra money by babysitting in your spare time? Well, there are many applications that allow you to connect with people online who are looking for babysitting services. Using these applications would help you be found easily and also helps with the trust factor. So, you would not have to wait much before you begin to work after joining these applications. If you want to do this and have the time to do it, you can easily earn enough from it.
#8 Be a local tour guide
Another one of the best side hustle ideas is becoming a local tour guide. If you live in a place where tourists come a lot, you can become a local tour guide. In fact, you can also offer your services for free and ask to be tipped at the end. This would draw a lot of attention to what you do. And when people learn about how you are doing, you will begin getting more requests for being tour guide by agencies as well.
#9 Social media management for startups/small businesses
A lot of small businesses need a social media manager since social media is the place where you can now reach out to your audience easily. And this means that every business has to have a social media presence to reach out to more people. To have a social media presence means that they need a dedicated social media manager. Many small businesses do not have the time to constantly keep up with the social media posting. So, if you know how to do this, you can take it on yourself to help some local businesses stay online for a little fee. This is an easy way to make money no matter where you live.
#10 Get a part time job
The last option is obviously to get a part-time job. If you are in dire need of cash and you already have a full-time job that is not helping you, then get a part-time job. Also, if you are not able to handle a side hustle now and focus on it but just want something that can help you get instant money for your work, getting a part-time job is the only way out.
Need any Help in Starting Your Dream Business?
Fortunately, these are some of the best side hustles you can choose for your business. You can select the side hustle ideas that best suit your skills and resources as well. If you want to start off as a business, then it is better to register it with the government. IncParadise can help you with everything. Our team will help you with setting up your business easily and even help you with other details like mail forwarding, business address service, opening a business bank account and so on. Contact us to have your business registered and incorporated in the state of your choice!