Whether you are a student looking for additional income or working full time looking to supplement your income, having a side hustle is always a good idea. It helps you maintain multiple revenue streams, which is useful in case you find yourself out of a job for reasons beyond your control like a recession or a pandemic.
So without further ado, here are 7 creative ways you can make money -
#1. Try print on demand
A print on demand model essentially means that you just have to take care of the design and marketing while the print on demand service manages order fulfillment. There are several websites that offer this service. Each of them works slightly differently, so it is recommended that you spend time figuring out the exact service. For instance, you could make money selling t-shirts with Printify.
Even if you do not have the necessary graphic design skills, you can hire a freelancer and put them in charge of coming up with t-shirt ideas while you focus on promoting the business.
T-shirts are a great choice for print on demand, and it makes sense given how the market is growing. The custom t-shirt market worldwide is expected to cross 10 billion dollars by 2025.
#2. Sell photos online
If you have a penchant for photography, you can sell your photos online. Websites like Getty Images, Adobe Stock, and 500px buy photos. Some also pay photographers a commission based on the engagement on the photo or license it for commercial use.
Obviously, this method is not for everyone. It does require some initial investment of a camera and editing software.
#3. Offer courses online
If you are an expert in a subject matter, you can offer courses online. You can do this through course aggregators like Udemy or start selling on social media. The format can be pre-recorded or live videos. You can also set up a basic website to host a dashboard that allows people to learn at their own pace.
The easiest way is to get started with a course aggregator. Your investment required is time and effort. Even a decent smartphone with an average microphone can help record your videos.
#4. Rent on Airbnb
If you have an unused space or room in your house, you can also put it up for rent on Airbnb. You will have to comply with their rules and take some aesthetic photos, but once that’s done, you have a passive income generator.
Set your availability, and you will have inquiries flying in, especially if you live in a busy touristy area.
The good thing about Airbnb is there is a lot of flexibility in terms of pricing, so there is a huge chance of making a profit.
#5. Become a mystery shopper
Mystery shopping is conducted by third-party sites that help brands conduct audits on their services. You basically get paid to pose as a customer and try out their services which is later reimbursed in exchange for a detailed report on the service. There are plenty of websites that offer this service - just search for mystery shopper + your country’s name, and you will find several.
#6. Test websites for a fee
Just like mystery shoppers, website testing is also conducted by third-party services for brands. You are given a set of instructions to follow on a website and follow them to the best of your abilities. There are no wrong answers in this type of testing since the aim of the test is to determine how user-friendly your website is.
You will have to test several websites to make a substantial amount of money from this, but it doesn’t require a lot of time or effort, so it is an easy way to make money.
#7. Try freelance writing
If you like writing and want to make an income from it, there are several websites that give you the opportunity to make it a lucrative side business.
You will have to determine what kind of writing you want to do and can handle since every niche has its own requirements. One of the most important qualities across industries is good research skills, without which you will not be able to write a comprehensive article.
Learn SEO online, and you can offer this as an added service to your clients that are looking to optimize their content for search engines.
There are several other creative ways to make money. What you have to consider is how much of your time and money is required as an initial investment and ongoing investment and how easy it is to earn money. The right side business is one where you have to put in fewer hours and can still earn a huge profit margin.