3 Profitable Side Hustles People Are Neglecting
If you read any article about side hustles, it usually begins with something like this:
Start a blog
Become an Uber, Lyft, or Instacart driver
Sell items on eBay or Etsy
Amazon FBA seller
Most of the time, you can just read the bullet points of these articles. But it's still good to browse through these articles, cause they are accurate. Starting a blog can be extremely profitable if done right.
But the world is evolving, and there are so many other ways to find income that is more lucrative.
Why don't we take a look and see what OTHER options there are to making income?
1. Turn your expertise into a consulting service
What are you really good at? How about your current job? Are you a superstar?
If yes, you can turn this expertise into a consulting service.
To begin with, you want to define your target audience and industry.
For example, if you are really good with social media growth or advertisement. You would focus on an industry.... say restaurants/cafes. So you would then reach out to all the cafes and offer your services. Or if you are a programmer, then you look for series A start-ups.
Then this is the fun part. Whatever you do, you want to be branded/known as the expert in this field. Be confident that you provide the best! And you want to become the best!
Create a 5-star website or landing page to market your skills and services.
And because you are an expert in your field, make sure you charge accordingly. If you charge too low, it may hurt your credibility.
The easiest way to drive sales is word of mouth, social media, and email outreaches.
Find what works best, rinse and repeat.
Next thing you know, you are a consultant!
And be sure to always keep learning, keep improving these skillsets so you can grow yourself as well as a team in the future.
You may need a little capital for this, but it's a terrific way to have money work for you. The best way to start is not to invest right away. You want to invest your time into knowledge and really understanding how investing works. The most well-known and established platform is the stock market.
There are plenty of websites that can teach you the basics of reading charts, understanding financials, trends, and so on.
Then try out stock simulators before you play with real money and see how you do.
From there, slowly get involved once you feel comfortable.
It could start with as little as $1000 and slowly increase if you believe in the company you invested in. Think of it like a savings account that provides a higher interest return.
3. Make memes
Start with creating an Instagram account.
Then see what is trending in pop culture and what memes are gaining traction.
Create these memes to post on Instagram, rinse and repeat.
If you are talented and funny, this will slowly go viral and build a following much faster than anything else.
Once you've gained enough REAL followers, then you can start selling your products because you have a fan base that will support your style.
There was a meme network headed by flagship account @daquan that was sold to Warner Music Group for a mind-blowing $85 million. That's crazy!
If you invest the time and effort into building a business and a business that is a brand, you have the potential for much larger growth.
Find what you are passionate about, and build a community, product, or service around it.
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