Over the course of 13 years, I went from being a broke artist to ending up being a self-made millionaire. One of the essential methods I had the ability to grow my wealth was through side hustles.
My side hustles, which varied from affiliate marketing to offering products online to item screening, not just assisted me settle almost $495,000 in financial obligation, however they made me sufficient cash to start my multimillion-dollar monetary education business.
I’ve assisted numerous customers get on extremely rewarding chances. Here are my preferred sought-after side hustles– some can make you approximately $3,000 a month– and where to discover them:
1. Selling stock pictures
If you like photography or have terrific pictures, you can earn money to publish them on stock image platforms. They might be picturesque travel images or simply daily shots that you currently have actually kept in your phone.
Bloggers and online marketers are constantly looking for pictures for their sites that comply with copyright policies. As an outcome, websites like Shutterstock and Depositphotos are constantly looking to expand their portfolios of copyright-free images.
Depending on the quantity, quality and uniqueness of your photos, you can make up anywhere from $200 to $500 a month.
2. Transcribing audio
Are you an excellent typist? If so, you can earn at least $20 per hour transcribing audio — and possibly more if you have legal or medical experience.
3. Renting out your car
If you don’t want to drive others around as a Lyft or Uber driver, you can rent out your car on sites like Turo and Getaround, just like you would your house or apartment on Airbnb.
You become the competition for the car rental company. There are obvious risks, but depending on. your situation, it can become quite lucrative. A client I worked with rented his car out two to three days a week and generated more than $3,500 a month.
4. House-sitting, babysitting or pet-sitting
This area has a lot of competition, but it’s possible to post your services, grow a client base and a build a reputation with reviews on the platforms you use or through referrals and word of mouth.
The goal is to maintain a solid list of loyal and reliable clients. Depending on where you live, house-sitters can make up to $100 a day; babysitters up to $20 an hour; and pet-sitters up to $18 an hour.
5. Product testing and research studies
Yes, you can get paid for giving your opinions. There are many market research companies looking for people to test their products, take surveys and provide thoughts on a wide variety of consumer goods.
One mom’s product testing side hustle earns her between $3 to $500. I also recommend checking out Survey Junkie; the site offers paid focus groups where participants can earn up to $150 an hour.
6. Mystery shopping
Some people consider this a dream side hustle, which is one reason why it’s in such high demand. You’re shopping anyway, so why not get paid for it?
Mystery shoppers are hired by market research companies to rate the quality of service in various restaurants and stores. Check out sites like Elite CXS and Market Force to find opportunities.
According to ZipRecruiter, the average pay for a mystery shopping side hustle is $23 per hour.
7. Selling unwanted stuff
If you have a storage locker with lots of old furniture, appliances or collectibles, you can get rid of them on apps like OfferUp and eBay. You can even do it professionally for others and make a commission.
One medical student in Rochester, Michigan made between $5,000 to $6,000 a month selling used clothes on Poshmark.
8. Junk hauling
Just about every city or town seems to have multiple services offering to haul away junk. This is one side hustle that can grow into a sizable business too.
Estimated average earnings are $35 an hour.
9. Resume writing
If you are the person that your friends come to for resume and cover letter help, consider starting a resume writing service. I recommend posting your services on sites like Fiverr and Upwork.
This is one of those side hustles where you can start to build a track record and increase your rates over time. One woman’s resume writing company, The Writing Guru, started out as a side hustle. She initially charged $150 per hour, and later increased her prices to $500 per client.
10. Creating playlists
Every party needs a feel-good playlist. The money-making process is simple: People will pay for access to well-curated playlists, and musicians who want to get their work out there will pay to get their songs on playlists.
11. User testing
Clients want to see and hear you interact with their website. If you are thorough in your testing and provide feedback that client finds useful, opportunities may arise to do live tests where you can interact with clients in real-time.
Estimated earnings are $10 per 20 minutes of testing, or up to $60 for longer, live tests.
Jeff Lerner is a self-made millionaire and founder and Chief Vision Officer of ENTRE Institute, an education platform which enrolled over 200,000 users in its first three years. He is also the author of “Unlock Your Potential: The Ultimate Guide for Creating Your Dream Life in the Modern World.” Follow Jeff on Twitter @thejefflerner
Don’t miss out on: