avatarGeorge Blue Kelly

Summarize

8 Profitable Side Hustles to Consider in 2021

Work from home is the new normal

Photo by ThisIsEngineering from Pexels

Whenever anyone says to tell me, “money isn’t everything”, I hiss and walk away. If the last fifteen months has taught me anything, it's that money rules the world. It's as vital to man in this day and age as air itself.

But what has become increasingly vital as well, as the pandemic has revealed to us, is how we earn money.

The traditional way of working is slowly revealing its weakness. Thanks of course to the pandemic. This is why many have started looking towards the internet. It would amaze you to know while so many lost their jobs due to the lockdown and restrictions, many others were simply earning three to four figures simply working from home.

On this platform, over 5% of its users earned between 100$ to over $40,000 in one month.

If you’ve been wondering how you can start your own side hustle especially at an uncertain time like this, then I got you covered. These 8 side hustles are legit and with discipline and ingenuity, they can become something you can go all in.

1. Blog

A blog is s webpage of catalogued information. Blogging is the logging in of thoughts, ideas and information on the Web.

It can be owned and run by individuals as well as companies.

Medium is a blog — an online publishing platform where writers catalogue their ideas, stories and experiences.

It is designed in such a way that creating a profile on Medium is like having a sub-blog section on a wider blogging platform.

In many years blogging has proven itself to be one of the most lucrative means to make money online and from the comfort of your home. By buying a domain for a fee as small as a coffee fee, per month, you can set up your own platform where you dish out valuable content to users.

As you grow your fan base and garner readership, you have the option of monetization by selling ads and selling your own contents and services.

2. Tutoring

There are millions of people who are looking for someone to tutor them on a specific topic or skill.

Take writing for example, due to the rise of online content writing and online self publications, which the likes of Amazon have made remarkably easy, more people are growing the need to learn the art of writing from the comfort of their home.

The internet has become virtually an entire world of its own where everything, I mean literally everything is and can be done online.

During the pandemic last year, Italy was among the countries that got hit the most. Nearly all the provinces were declared Zonal Rosso. Our classes had to stop as restrictions became more severe.

As the lockdown progressed, we got emails from our school that lessons will be taking place on WeSchool, and exams will be done online through Zoom.

Tutoring is a good and lucrative online venture that if done properly, you can start earning handsome sum in no time.

3. Freelancing

Sites like Fiverr, UpWork, and Freelancer has greatly affected, in a positive way, how skill and services can be marketed and sold in the online space.

Fiverr, for example, that stands as one of the giants in the freelance sphere boasts of millions of active users, and a revenue of $189 million for 2020 alone.

I don’t see freelancing going anywhere soon.

In fact, it is the opposite. I believe that freelancing is the future. The pandemic has made this probably even more clearer. With job security becoming a thing of the past, more users are logging on to the internet in search of alternatives.

What skill do you have? What service can you offer?

Freelance can be the next big thing for you — whether it is web designing, coding, graphic creation, and writing — these are all high-demand skill you can market as a freelancer.

4. Publish a Book

Amazon and few other platforms have made it very easy to become a published author.

Although there is still significant financial benefits to get from traditional publishing, it does not, however, remove the effectiveness of online publishing.

From the comfort of your home, you can write a book, get an editor on a freelance site — with a couple of dollars, get a good designer to help with the cover and as easy as hitting a few buttons and clicks on your keyboard, get it published online, into an already setup market of willing buyers, thanks to the likes of Amazon, Kobo and many others.

Though this may not roll in the big checks in the early stages, however, it stands as one of the surest sources of passive income.

5. Market Digital Contents

Basically, most sources of passive income or working from home is one form of selling a digital product or service online.

Marketing digital content is also termed affiliate marketing. And there a few ways to do this.

You can either market other people’s products, by sharing their links on various social media platforms or creating an ad campaign to drive traffic to said products, while you get paid per either sale made, or per lead.

The other way to do this is to sell your own product.

You can create a product, which could be a course or a book, then market these products or services to users on social media.

It’s safe to say, most online enterprise requires a little bit of marketing, as that's the only way to drive traffic to your products, so learning how to market products online is of itself, a vital skill to have.

6. Ghostwriting

Ghostwriters, basically are writers who write literary pieces, with no intention of having their names credited as the author.

The work of ghostwriters can be anything from writing books to articles, speeches, screenplays, and even songs.

Upwork and Fiverr brims of ghostwriters from all parts of the world.

If you feel you’re a good enough writer and would love to have a writing side gig, then this is a good option for you.

There are companies like Business Insider, Forbes and many others that have employed the services of ghostwriters.

7. Dropshipping

Some years ago dropshipping hit the roof as one of the most sort-after online ventures. While many may think dropshipping is dying, but that isn't the case.

What makes dropshipping stand apart is determined by what product you're selling and how you're targeting your ads.

So basically, what is dropshipping?

Dropshipping is simply acting as a middle man between the manufacturer and the consumer. I'll give you a simple structure of how this works.

Say you want to sell a certain type of product, what you have to do is contact an online store that sells such said product, and let them know you are interested in helping market and sell that particular product. However, you'll want the product not to be shipped with any brand name.

You could even take it further by requesting a custom brand logo and details to be shipped alongside.

A good place to find such a service is Aliexpress. There are companies that are very interested in dropshipping because of the revenue involved.

8. Print On Demand

All you need to start a print on demand online store is a domain on Shopify and a print on demand account with the likes of Printful,

What this business model really is, is to sell fashion products online without having to deal with the work of actually handling the material and physical products themselves.

Companies such as Teespring and Printify will handle the production, designs, and shipment of your orders.

Your only job is basically, to create the platform to showcase your chosen products, which is a webpage hosted on Shopify. And then create ads to drive traffic to your online shop.

Immediately orders are made, the companies will take those orders, create the designs, and ship out the orders to the buyers. As they deduct their profit, you pocket what's left of the sale.

Working from home has never been easy. If you are very much interested in finding a side gig to do from the comfort of your home, then these are a good place to start.

Disclaimer

These short details are meant to just give you an idea of what is out there. Please do endeavour to make diligent research into any of your choices before investing your finance.

Business
Entrepreneurship
Ideas
Work From Home
Personal Finance
Recommended from ReadMedium