How to Make $10k Every Month 38 Best Ways Side Hustle Ideas
As an entrepreneur myself, I am only too aware of the need to juggle many different hats. It comes with the territory, being an entrepreneur means juggling multiple responsibilities: managing a team, raising funding, marketing, and most importantly, ensuring that your business is profitable. However, with side hustles, cash-strapped entrepreneurs can generate extra income beyond their primary business, making it a good way to earn some extra cash while developing new skills and networking with potential customers. In this article, I’ll share with you my top 20 side hustle ideas that you can use to earn at least $10,000 per month.
How to Make $10k Every Month 38 Best Ways Side Hustle Ideas
1. Freelance Writing: Freelance writing is a great side hustle for entrepreneurs with excellent writing skills. Entrepreneurial bloggers, small business owners, and PR companies require content regularly. The market for content writing is tremendous, and with good networking skills, a freelance writer can charge above-average rates and make a decent side income. The best part is that there are numerous free tools available to help you make this a reality. You can list your services online and operate the business from your cell phone or computer.
2. Virtual Bookkeeping and Accounting: Many small businesses require knowledgeable accountants and bookkeepers to keep their finances in check. If you have experience with bookkeeping or accounting, you can set up a virtual office to manage their books and bill rates average around $60/hour.
3. Social Media Management: This side hustle requires intimate knowledge of the different social media platforms and how to use them effectively to drive results. Social media managers can earn a significant income by managing the social media accounts for their clients. For many businesses, building an engaged following to increase sales, and handling social media advertising is challenging. A good way to find these clients is by researching the Facebook ad library for businesses in your niche. You can also take advantage of the different AI Tools that are available to streamline your business processes and schedule postings on the different platforms.
4. E-commerce: Selling on platforms like Amazon, Shopify, and Etsy is an excellent way to make money online. E-commerce is a rapidly growing industry, and any entrepreneur can sell products online to generate significant income. Several platforms offer zero monthly fees or low-cost web service plans. Reach out to us if you would like to learn more about these low-cost options.
5. Stock Market Trading: The stock market provides many opportunities for investors. If you have good knowledge of the stock market and can identify the top-performing stocks, you can trade stocks to earn good profits. Some brokerage firms also offer referral incentives that include significant potential bonuses if qualifying conditions are met.
6. Real Estate Investment: This is one of my favorites. Investing in real estate is an excellent way to make passive income. Investing in multifamily properties is a good way to build a passive income stream and reduce your taxes at the same time. Many entrepreneurs invest in properties, flip them for a profit, and gain from rental income. Owning and renting real estate is similar to operating a business as you can write off expenses incurred in operating the rental properties.
7. Web Design and Development: With the increasing demand for websites, web designers and developers are in high demand. If you have the right skills, you can work as a freelance web designer and developer and earn a steady income. The good news is that advancements in technology and artificial intelligence have made this a lot easier.
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8. Driving for Uber/Lyft: With ride-hailing apps like Uber and Lyft becoming increasingly popular, being a driver for either of these companies can be a lucrative side hustle. Drivers can make up to $20/hour driving for these gig-job apps. These platforms also represent a ready-made market for you to create your online restaurant and leverage the infrastructure that is already in place.
9. Online Tutoring: Online tutoring has become increasingly popular over the years. Online tutors can custom design courses in various topics, including business, academics, and other helpful guides that solve pain points for their customers. This is a great opportunity to generate significant passive income as once the courses are created and stored online you only have to drive traffic to your courses. The key is to create a system that will generate organic traffic to your online courses. Pinterest
10. Graphic Design: Talented graphic designers are in high demand, making it an excellent opportunity to earn some extra cash. Applicants should ensure they are familiar with design software, including Adobe Photoshop, Illustrator, and InDesign. Keeping abreast with the latest developments in AI tools will serve you well with this side hustle as there are many text-to-imagine tools currently available on the market that require very little knowledge about code or design software.
11. Consulting: Consultants with industry-specific expertise can advise clients for a fee. Areas of expertise can be from taxes, finance, digital marketing, technology, product development, etc..
12. Photography: Many events and businesses require professional photography services. Entrepreneurs with experience and skills in photography can earn good money by taking photographs for clients. The best part is that you don’t need to buy a lot of expensive equipment, a decent camera and your phone can get you started with this business idea.
13. Translation: Many businesses require translation services for their global audiences. Entrepreneurs with fluency in multiple languages can work as freelance translators and make a decent side income.
14. Affiliate Marketing: Affiliate marketing is an effective way to make money through promoting products. Companies offer a commission for the sale of each item through your affiliate link. This is another great way to build a passive income stream. A well-executed affiliate marketing strategy is built around four essential pillars. We will discuss this further in a future post.
15. SEO Consultant: Search engine optimization is a complex but essential part of online business. Entrepreneurs with SEO knowledge can offer consulting services to businesses to improve their search engine rankings. This is a premium service and entrepreneurs who spend the time to develop this skill will benefit immensely.
16. Podcasting: Podcasts are increasingly popular. Entrepreneurs with expertise in specific areas can create podcasts and generate revenue through advertising and sponsorship. The advent of video podcasting offers an opportunity to design your content systematically, allowing you to leverage available technology to re-purpose your content across different social media platforms. Developing competence in this skill could be a very profitable side hustle.
17. Videography: Videography for business events, or personal video production can be a profitable side hustle. Video production tools are extremely affordable, and with platforms like Vimeo and YouTube, distribution is widespread.
18. Event Planning: Entrepreneurs with good organizational and communication skills can take on event planning as a side hustle. Event planners can charge a fee for coordinating events, including weddings, corporate events, and holiday parties.
19. Personal Training: Personal trainers can work with individuals to create fitness goals, and charge for personalized programs. Entrepreneurs who are passionate about fitness can earn good money by offering one-on-one services.
20. Online Course Creation: Many entrepreneurs have knowledge of different industries they can create and promote online courses. This is an excellent way to generate a healthy side income that you can eventually automate to earn passive income.
21. Become a virtual assistant
A virtual assistant (VA) provides clients with administrative services from a remote location, such as a home office. They handle various responsibilities for their clients, like making travel plans, performing online research, and checking emails. They may also travel with their clients or work with them at their offices, completing essential tasks.
22. Pet sitting
If you enjoy animals, you may consider pet sitting. This is a good way to earn money directly from your home by watching someone’s pets at your home. However, most sitters perform their duties at the pet owner’s home.
You may consider investing in marketing and insurance if you operate out of your own home. Further, you also might want to speak with an accountant and/or bookkeeper and a lawyer to discuss liability.
23. Sell your possessions online
Survey your home and look for items you no longer use, such as furniture, clothes, books, electronics, and toys your children have outgrown. You can then list those items on different e-commerce sites to find interested buyers. It’s important to take clear, high-resolution photos of your pieces. Perform research online to find how much similar items sell for and then price your items competitively.
24. Tutor students online
Leverage your experience in specific subjects or your SAT/ACT knowledge to offer online tutoring to high school and college students. Promote your services in area schools and find students who need your services. You can apply to work only for established online tutoring services.
25. Start a blog
If there’s a topic you’re particularly interested in, you could start a blog and promote it on social media to attract an audience who wants to learn about that topic. If you draw a large enough audience with your blog, you can make money from advertising. For example, you may start a blog rating local restaurants or comparing various drinks.
26. Sell services online
There are lots of online sites where specialists offer their services on a contract or per-project basis. Some different types of services you could offer are graphic design, website design, link building, programming, animation, or video creation. Many sites can assist you in selling expert services to local and international clients.
27. Sell consulting services
Another way to make money online while working from home is through consulting. If you’re particularly skilled in a certain field, you may be able to find people who would pay you to offer them advice on their business or personal goals. One way to show others how much knowledge you can offer is to launch and promote your blog. Another way is to create regular content on professional networking sites.
For example, you may help business owners develop their social media presence as a digital marketing consultant. You can use social media to promote your expert content for a low cost or even for free. After gaining a few clients, you may be able to rapidly grow your business through word-of-mouth marketing. You can meet with clients virtually and schedule those appointments at times that meet your own needs.
28. Launch an online store
E-commerce is very popular right now. While major e-commerce retailers have the majority of the market share, consumers are also looking for great deals online. Consider launching a sales funnel for yourself to drive traffic and buyers to your products and services. For example, you may start an online pet supply store where you source the best pet products and curate them for customers on your site.
29. Create webinars
Webinars are a great way to sell products or provide advice, as they typically follow a specific format and template that’s easy to understand. For example, they may show visual representations of specific steps and provide clear instructions for beginners. Once you learn how to deliver effective webinars, you can start making money from home. Webinars allow you to demonstrate directly to your audience how much additional value they’d receive if they purchased your product or service.
30. Manage social media accounts for small businesses
Small businesses often need help managing their social media accounts, and many prefer to pay someone to help for only a few hours per week as opposed to having someone manage social media full-time.
Learn about the different social media sites and identify one or two that you want to specialize in. Then identify a specific industry that you want to work in. Finally, reach out to different businesses in your area that you recognize you can most help.
31. Create online courses
If you have a marketable skill that others would be interested in mastering for themselves, then consider making your online course. There are many sites you can use to build your course. Once it’s created and launched, online courses can be a great source of passive income.
32. Sell affiliate marketing offers
Affiliate marketing is a simple, established way to make money from home by selling the products and services that other people create, particularly if you have a website with a large amount of quality traffic already. There are several websites available that promote affiliate offers. Take the time to understand your audience and what they’re most interested in and then search to identify the right offer and present it to your audience.
33. Launch a podcast
A podcast is another great method for sharing your expertise with a virtual audience. The key to success with a podcast is to find a specific niche and then provide great content to grow your audience. Once you have built a large audience and are receiving a large number of downloads per episode, you can then look for ways to monetize your podcast, such as selling ads.
While you may consider doing some research to learn how to create, edit, and promote a podcast, if you’re an expert on a particular topic, it’s an idea that’s worth considering.
34. Get a babysitting job
Babysitting is another option for making money from home. Word-of-mouth referrals are a great way to get started babysitting, although there are also several websites that you can use to promote your babysitting services for free.
Keep in mind that most families would want their children to be cared for in their homes. To make yourself more appealing to families, you may want to consider getting relevant certifications, such as a CPR certification.
35. Test websites
Another way to make money from home is by using sites that pay you for your insight into how well a specific website works. In most cases, you pass a test to be accepted and then you receive payment for each test you perform. You may even have the option of earning additional compensation to participate in a video discussion with the customer after completing the test.
36. Perform data entry
If you have quick, accurate typing skills, then you may want to consider taking an online data entry job to earn money from home. These positions can usually be performed easily online and can offer consistent income. Data entry positions may involve using a word processor or spreadsheets to enter various types of words and numbers in a specific order and format.
37. Work as a freelance writer
Companies big and small are often aiming for high-quality content to boost their ranking in search engines. If you have strong writing skills, this may be a path you want to consider. If you don’t already have an online portfolio of published writing, you may consider offering to write a few pieces for free to build a portfolio.
37. Offer proofreading services
If you enjoy reading, you might want to consider working from home as a freelance proofreader. Depending on whether you have a degree currently, you may want to consider investing in a proofreading course to earn more credibility with potential clients. You could offer your services to clients independently or you may want to search for companies hiring full-time, remote proofreaders.
38. Rent out a room in your home
Listing a spare bedroom on a vacation rental website can provide easy income you can make at home. If you do so, it’s important to spend time keeping your property and home clean. To ensure you maintain 100% occupancy, consider renting your home on multiple sites.
As an Entrepreneur looking to diversify your income streams, these 38 listed side hustles can be an excellent way to make an extra $10K per month. By spending time on the side hustles beneficial to your primary business, you can generate a significant amount of money and improve your skills at the same time.
Other ideas to make money from home
Here are 44 more ideas for making money from home. Keep in mind the amount you can earn may vary depending on the task and potential. Also, before starting a home business, make sure you’re qualified, certified, or licensed as required by your industry, city, or state.
- Participate in online surveys
- Review products (movies, products, music, etc.) for online sites
- Work for online retailers
- Become an online travel agent
- Sell lesson plans to other teachers
- Offer calligraphy services for wedding invitations, cards, and other stationery
- Participate in online focus groups
- Write and sell a book
- Sell social media posts or ads for online companies
- Evaluate search engines for companies that want to know about user experiences
- Create videos and earn money through advertising
- Provide transcriptionist services
- Rent your music equipment or studio space
- Sell home-baked goods (check city and state requirements)
- Rent your parking space (check city and state requirements)
- Buy items from a flea market or yard sale, restore them, and sell them online
- Sell your old electronic devices, such as phones, monitors, etc.
- Sell your troubleshooting skills
- Sell your photography on stock photo sites
- Start a dog-walking business
- Launch a virtual bookkeeping business
- Sell translation services on freelance platforms
- Sell your crafts online
- Obtain a remote technical support role
- Start an alteration or custom sewing business
- Rent out your car to travelers or people who don’t own their vehicle (check city and state requirements)
- Refinish furniture and sell it online
- Test mobile applications
- Become a social media influencer
- Sign up as an online mystery shopper
- Work virtually for a company
- Grow and sell produce (check city and state requirements)
- Become a voice-over artist
- Create your mobile application
- Teach online music lessons
- Design and sell T-shirts or other crafts online
- Pursue a medical coding and billing position
- Manage a website
- Offer online or social media advertising services
- Create and sell woodworking projects
- Cook for special occasions or prep meals for others (check city and state requirements)
- Create an audiobook
- Create a dropshipping business
- Buy and sell domain names
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