Let’s agree on something before getting into this post: having more money coming in each month is better than having less money coming in each month? Agreed?
When approaching the question, “How can I make more money?”, the answer will potentially come from two different sources: your 40 hour a week job or a side hustle.
Instead, I have 5 side hustle ideas for you to make money this year.
These side hustle ideas are not recommending on how to start a business (there’s no guarantee of making money in a business ever…). Rather, the side hustle ideas I will present are for different skills small business owners need help with and will pay you hourly, or by project, to fill their need.
Let’s get into these 5 side hustle ideas so that you can get thinking about your next money making endeavor, and take action to make more money this year! 🙂
5 Side Hustle Ideas to Make Money This Year
There are so many different ways to make a little extra money on the side of your day job. Some of these are more time intensive, skill intensive, or focus intensive than others, but through providing more value, you should be able to demand a higher wage.
While I believe action is the best way to make things happen, an idea has to pique your interest before getting started. Here are my 5 ideas for making more money through side hustling this year.
- Website Developer
- Social Media Manager
- Small Business Content Manager
- Graphic Designer
Below, I go into more detail on each of these potential money making ideas. I will describe what each of these ideas entails, talk about what the details behind what you could charge, and discuss why business owners are looking to hire these sorts of roles.
Something to note here – the wages I’m describing below are from being an independent contractor.
Website Developer Side Hustle
Side hustle idea: Web Developer
Starting Hourly Wage: $25/hour (but commonly quoted as project)
Possible Hourly Wage: $200/hour
For many websites, the goal is to sell the user on some product (information, a physical or digital product, or a service).
There is a lot of technical information you need to know, but website design is a skill not many small business owners have. With that said, if you are a small business and you don’t have a website, good luck!
Small business owners are always looking for an edge over their competition. A nice looking and functional website can be the difference between a deal and a lost deal.
This is one of my side hustles, and over the past 18 months, I’ve completed designs on over 10 different websites. Starting off, I was just learning how to manipulate HTML and CSS. I went through a tutorial on Code Academy, and then started messing around with The Mastermind Within’s home page, and another website I had made.
Over time, I’ve become more confident, and now I understand WordPress and web design/development on a much deeper level. Starting off, my skills were bad, but proving my worth and building up a portfolio has proven to be a great choice.
Web development could be a great side hustle for you if you enjoy programming, design or marketing, as these skills all lead to a great looking website!
Bookkeeping Side Hustle
Side hustle idea: Bookkeeper
Starting Hourly Wage: $15/hour
Possible Hourly Wage: $25/hour
When I was in college, I worked as a bookkeeper for a hotel management firm. It wasn’t sexy work, but it was extremely necessary for the business.
All small businesses need to have tax records, receipts, and documentation on their various financial activities, and many small businesses owners do NOT want to do this work.
It is tedious, it is a grind, but it is completely necessary and really only requires organization, data entry skills, and some finance and accounting knowledge.
Bookkeeping would be a great side hustle to get into for someone who is currently, or is looking to go towards, working in corporate finance or accounting in the future.
Social Media Management Side Hustle
Side hustle idea: Social Media Manager
Starting Hourly Wage: $20/hour (but commonly quoted as monthly package)
Possible Hourly Wage: $100/hour
Similar to websites, social media is another one of those must haves for small business owners. If you do not have a social presence, then the business brand will potentially look less desirable.
There are many different social platforms, each with a unique strategy and feel for connecting with potential customers and users.
The main social media platforms I will focus on discussing here are Pinterest, Facebook, Twitter and Instagram.
Managing the social media accounts for a business involves coming up with a strategy for engagement, scheduling out posts and content on the different platforms, interacting with followers and potential customers, messaging any potential partners, managing paid advertising campaigns, and executing on the engagement plan.
Many small business owners want to focus in on what they are good at, and social media might not be their expertise.
I’m one of those people who do not do an amazing job on social media, so I’ve hired out some work to others. I currently work with a woman running my Pinterest, and she has done a great job coming up with a plan, creating new content, managing existing content, and focusing on growth on the platform.
These are things I don’t want to focus on, and I’m happily paying her to grow my presence for me. Other roles that could come from this idea are Facebook ads managers, Google Adwords Manager, and Twitter and Instagram profile building.
Social media management could be a great opportunity for someone who is talented at marketing.
Small Business Content Management Side Hustle
Side hustle idea: Small Business Content Manager
Starting Hourly Wage: $15/hour (but commonly quoted as monthly package)
Possible Hourly Wage: $75/hour
Going back again to how important a strong website is, content is king when it comes to showing your brand is knowledgeable and worth trying.
Many small business owners are not experts in writing content, or determining which content is best for their audience.
A small business content manager is responsible for helping manage the existing content on the website (optimizing and cleaning up old posts), ensuring new web pages are strong, and communicating with all authors, editors and social media managers to make sure the message is consistent across platforms.
Some of the roles that come out of this idea could be website manager (webmaster), content site auditor, editor, and writer.
I currently have 3 contractors who are working for me on The Mastermind Within who fall into these roles. They are all doing great work and I love working with them – they make my life a lot easier because I’m able to focus on the future, while they are cleaning up my old content and making it relevant for today.
If you are good at writing, or enjoy some of the technical aspects of WordPress/posting online, content management could be a great side hustle for you.
Graphic Design Side Hustle
Side hustle idea: Graphic Designer
Starting Hourly Wage: $20/hour (but commonly quoted as project)
Possible Hourly Wage: $75/hour
Every website needs a logo, every social media platform is image heavy, and how well printed and digital content is received is based on how visually appealing it is.
If you are good at graphic design (either in Canva, Photoshop, Illustrator, etc.), helping small businesses with their image creation could be a decent way to earn extra money on the side of your day job.
I’ve paid $20 for logos in the past, and now that I’ve also created a few logos myself, I could imagine myself being able to do 1-2 logos an hour.
If you can get involved with managing multiple pieces of the business and become responsible for a number of designs, this side hustle could easily scale up to a handful of hours per month.
I’m not too familiar with this side hustle idea, but it could be worth a shot!
Make More Money This Year!
There you have it! 5 money making ideas on the side of your day job for these next 12 months.
One thing that I will say is important once you find your calling is to get out and network. Building a portfolio of work is tough, but after the first 3 clients, it becomes much easier (speaking from personal experience).
It is definitely okay to get your foot in the door with coming in a little bit low on price, but it is also very important to charge what you are worth.
For my web design work, I’m still struggling with the confidence to charge what I’m worth…. but I’m getting there!
For you, I’d like for you to take a step back from this post, reflect on some of these ideas, and see if any of these might make sense for you and your side hustle goals.
Thank you for reading! 🙂
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