Ever heard of a side hustle? Sounds interesting.
Which is exactly what I thought when I stumbled across an article on 7 Side Hustles to Earn over $10k. If you haven’t heard of a side hustle, its basically something you do on the side from your regular job to make some extra money.
It can be a hobby that you monetize, or it can be something creative that you think of that fills a need or a gap. Side hustles are becoming more and more possible as it becomes harder to live on just a 9 to 5 job. There are plenty of good ideas out there, the hard part is finding an idea and sticking to it. The other hard part? Action. You need to get into action and make your plan a reality.
If you’re exploring this website, you’ve likely already come across plenty of sites listing dozens of ways to make money online. Maybe you’ve already started one of these side hustles and you aren’t sure why you aren’t making more money. It could be that your hustle isn’t scalable to fulltime yet. Here’s how you’ll know if it’s worth pursuing further:
-If the market for your online service is growing or consistent. Don’t bother providing services that will be useless as technology continues to advance.
-If you’re getting return customers, or at least really good reviews. Always ask for feedback from past customers so you know how you can improve.
-If you’re earning what your time is worth. If it takes you a month to provide a service, but you only get paid $100, then it is not scalable. Either speed up your work or increase your rates.
Always assess if the side hustle you’re pursuing is earning you money, or just wasting your time. Maybe it’s time to revamp your rates and services, check if your niche is in demand, and work on the feedback past customers or clients have left you.