The 5 Best Online Side Hustles That Will Generate You 6 Figures In 2023

That you can start with zero capital, time, or previous knowledge.

Many people want to make extra money monthly, but few actually start finding the right ways to do it.

There are several reasons for this behavior. Many feel that it’s too late to start anything because they feel that everything already exists, that they need good capital to start anything, or that they do not have enough time to develop anything.

The reality is that you don’t have to reinvent the wheel.

Many current millionaires are rich because they decided to follow an already proven path. And if you want to make money, all you need is an established idea that worked well for others and execute it with your personal touch.

I asked on Twitter the best way to make extra income for 2023, which could make people six figures per year, and I was lucky to receive several responses and proof. Here are the five best of them.

I chose them because they don’t need capital or much effort, they can take you less than 4 hours to complete, and you can start learning now and be successful with it in less than two years.

Software developer: The key piece of people’s millionaire ideas.

No matter how wonderful your idea is, you will need to have an app at some point in any startup if you want to take it to the next level.

Right now, the tech industry is one of the biggest markets in the world, and from a financial point of view, it has become as necessary as the basic need of the people, like health care, education, and food.

I have been a Software Developer for more than six years, and without any doubt, I can tell you that the market is growing every day, and there are many jobs in the area.

The salary range for a Software developer goes from $40,000 a junior developer to more than $200,000 annually in the United States.

The good news about this side hustle opportunity is that you don’t need years of study to start it, and you don’t even need to be an expert in the field to make money. I got my first job right after school with only some courses of experience.

Right now, pages like Udemy, Code Academy, Coursera, and even Youtube can make you a developer in 6 months. After that, you will only need a portfolio of personal projects to find a job. So you can start making thousands of dollars monthly with a $10–$ 15-course investment.

Also, another good thing that this career has is that it has a lot of freelance opportunities, so it is the perfect job to be treated as a side hustle.

Along with copywriting, software development is one of the greatest needs for freelancers in companies. Pages like Upwork, LinkedIn, and Fiverr are full of recruiters and job opportunities, from two hours and single projects to part-time opportunities.

Any form of content creation.

Blogging on any platform is still the best way to make money online, and the best part is that no matter when you want to start, you are early in practically any platform you decide is popular.

Every day new influencers are popular because they have something fresh or new to show to an audience. And right now is the best time to start because people now want to follow regular people like you rather than celebrities with whom they don’t identify.

One of the good things about this area is that there is a platform for every type of personality.

If you are extroverted and like to talk and show yourself, there is YouTube, Tiktok, and Facebook. If you like to talk more privately, there are many podcast platforms. If you want to share ideas in a writing format, there is Twitter, LinkedIn, and Medium.

Also, you don’t need much time to develop this side hustle. With just 15 minutes a day, you can start something big.

Content creation is a billionaire industry that is growing every year. Marketers spent $2.23 billion on influencer marketing on Instagram, $1 million on Youtube, and $775 Million on Tiktok in 2022, and they are planning to keep growing next year.

Many companies now exist thanks to this type of marketing, so it is proven that it works to create a brand and make money with it.

If you already have a phone, you don’t need any money to start. You only have to choose the platform that suits your personality and start making content regularly until you have an audience.

UI/UX design: Where ideas and projects take form.

A career that is experiencing exponential growth as a freelancer, side hustle, and a potential permanent job is UI/UX design. This is basically de design of any application interface and the first step of software development.

You can find courses to specialize in the tools and the workflow even for free on the internet, and it could potentially give you jobs starting from $15 per hour.

I believe that it is one of the side hustles that could give the greatest potential for 2023, thanks to the demand for application development worldwide. This career has become a necessity for companies that want to launch something of quality.

Video Editor

One thing that prevents me from growing my YouTube channel is the time I have to dedicate to video editing. A video of 10 to 15 minutes only takes me 1h-2h to edit, but since I already have too many things in the day, I can’t get that time weekly.

For that reason, one of the things that I decided to test was to pay someone else to edit my videos. In this way, I only have to worry about creating them. To my surprise, freelance video editors charge up to $50 an hour to edit a video, and beginners have packages of $150 for just 10–15 minutes of video editing.

All freelance platforms are full of job offers from companies and content creators who need a video for their brands but don’t have time to develop it.

Basic video editions can be learned for free on Youtube, and you can start testing it with software already on your computer or phone, like iMovie.

You can make four figures monthly with only six videos a month (12 hours of the editing process). And the more experience you gain, the more you can charge for those videos you edit.

Become a guru and create online courses and books.

When you are an expert in something, you have the power to make money with it in different ways, not just by developing that skill. One way that has caused many people to make even five figures in a single month is by teaching others that skill.

The good thing about this side hustle is that with only a few hours of effort in creating the book or video course, you can consistently make money with that single product every month. And just one product has the potential to make you from $100 to even $10,000:

For example, those three courses at $9.99 made those three people earn $373,491, $361,358, and $8,301 if we only consider the people who bought the course and wrote a review and the offer price.

If you already have an audience on any platform, it’s easier to make money with it. You will only have to promote it there.

But there are also people who didn’t have any followers but started making content about their course to promote their services, like Giulia Chilin, who started a Tiktok account to promote her course and is making four figures monthly thanks to it.

Final thoughts

You don’t need to focus on a passion, invent something new, or be one of the 1% lucky people to invest in the next social media. You will only need a proven path already working for others and find your personal touch to start working on it.

There are many good ways to make money as a side hustle. Focusing on what works and learning the correct ways to achieve it can help you earn six figures for 2023.

All the businesses mentioned above are good options for 2023 because you can start with no startup capital, with whatever skills you already have (or can get in the next six months), and can do it from home. Also, they have the potential to make you succeed.

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