5 Surprising Side Hustle Ideas To Make $5,000 A Month
Side Hustle Ideas To Make Money Online
If you’re looking for ways to earn money on the internet, you can start a side hustle business online. The best ideas for a side hustle are ones that have the potential to produce an infinite amount of money without impacting your full-time job.
In general, the side hustles ideas that pay the most money are the ones that need the most technical abilities. Moreover, people are realising that putting money away and working a full-time job can only get them so far. As a result, more people are joining their ranks to start a side business.
Here are five side hustle ideas that do not need a lot of technical abilities yet, have the potential to generate more than $5,000 per month income:
If you’re looking for an easy way to earn money online, freelancing is a great choice. There are many different freelance websites, and some of the most popular ones earn as much as $10,000 per month. Others make much less. And depending on the field, it could be even more lucrative. For example, a freelance website developer may earn over $5000 per month building websites, even though he only does simple enhancements to pre-designed WP themes.
2. Freelance Writing
If you’re looking for a side hustle to earn $5,000 per month, freelancing can be the perfect fit as a side hustle idea. Jorden Roper wrote about what he did to earn $5,000 in one month as a new freelance writer.
Most freelance writing jobs pay on a per-word or project basis, so start small and target small publications. You may have to set a low starting rate to build a portfolio, but you can gradually increase your rates as you gain more experience. And the best part? Freelancing is more affordable than you might think!
3. Selling Digital Products
You can earn money online by selling digital products. As digital products, they are available for download and do not require any production cost. As a seller, you have the opportunity to leverage your skills and knowledge to create something that people will pay money for. Currently, digital products are the most popular product ideas. They allow you to scale your sales and leverage your knowledge. Even if you don’t have a technical background, you can create your own digital product.
In addition to selling digital products, you can also sell physical products. People love buying crafts, DIY projects, and printables. You can sell items like colouring pages, birthday cards, and kids’ workbooks. You can sell these items on various platforms and increase your chances of finding a buyer. There are several benefits of this business model. In addition to earning money, you’ll also be able to help people.
4. Working As A Virtual Assistant
To start working as a virtual assistant to earn money online, you must have a good command of English and be organized. Many business owners and bloggers need help with everything from tech issues to testing new business tools and social platforms. To become a great virtual assistant, you must always keep learning and invest in your knowledge and skills regularly. You can also consider taking classes, listening to podcasts, or reading books about the field.
Depending on the company, you can perform various tasks like data entry, basic bookkeeping, and managing calendars. Other tasks may include writing, graphic design, copywriting, and social media accounts. Some companies also need assistants for customer service and answering phone calls. You can choose the kind of work you do depend on the type of work that you enjoy and can also earn 1000 to 5000 dollars per month.
VAs can charge up to $40 per hour for a few hours’ work. You can earn up to $5,000 per month as a VA if you are skilled in a few areas. Lily May claims she earns £5,000 per month as a virtual assistant and can work from anywhere in the world. According to Lily, the best part about the role is that you don’t need any experience or qualifications to get started.
For example, if you spend two to three hours managing emails five days a week, you will earn $400 per week – or about $40 an hour. Some VA jobs are more quantifiable, while others are less. Most VA professionals make around $400 per month – and a few earn up to $5600 per month.
There is a high demand for virtual assistants, especially in the Philippines. Virtual assistants can help companies cut operating costs and increase profits. Their skills can make them an invaluable asset to a company. And a recent study showed that 13% of Filipino virtual assistants were more productive than their US counterparts. It has also been found that more than a third of small businesses have outsourced business processes. And a third of those companies plan to employ a BPO specialist in the coming year.
One of the secrets to success in dropshipping is finding the right market audience. The dropshipping industry is extremely lucrative. It can generate an average of $1000 to $5k per month for the right person, depending on their goals and the level of effort they are willing to put into their business. You can earn as little as $20 per day or as much as $5000 per month in the first month by selling high-ticket items.
However, it is important to have realistic expectations, be consistent, and adapt to any curveballs that might come your way:
- You can sell a single product or a variety of products on your Shopify store.
- To drive traffic to your store, you can use Amazon ads or social media platforms.
- You can also approach influencers on social media to advertise your products for you.
- You can even pay these influencers a small fee in exchange for their advertising space.
- You can earn thousands of dollars each month in as little as six months, provided that you maintain a good supplier and don’t give up.
You must know what your audience wants, and how to validate it. You can do this by using Amazon’s best sellers, Ebay’s watch count and Terapeak product research. These sites will help you find out what is hot and what is not.
You can also check out online communities like Quora to identify interests. Many people ask questions about various products, and you can respond to their answers.
Another way to generate a good amount of revenue online is by using dropshipping. This type of business allows you to sell any product without having to buy the inventory or ship it to your customers. You can start selling any item that you’re passionate about, and the good thing about this model is that you can begin earning money from it within a day or two. Then, you can expand your business by adding more products to your store.
How Much Can You Earn Dropshipping
While it may seem impossible to earn five thousand dollars a month as a dropshipping business owner, the reality is that it is possible. The key is to develop systems and universal business skills to make your business run smoothly. Your success will greatly depend on how much you can outsource. If you want to make a decent amount of money with dropshipping, you must learn how to outsource everything from product page creation to customer service.
If you choose to sell high-ticket items, you should obtain a business license. Suppliers will only do business with a legitimate company. Make sure that you have one before you start a dropshipping business. It is easy to get a business license. And once you have a license, you’ll be well on your way to earning hundreds of dollars each month! And who knows, maybe you’ll be able to start making five-figure profits as a side hustle.
As with any successful side hustle, reaching a $5,000 per month goal takes time and effort. You are unlikely to be rich overnight, but you can become a millionaire by consistently putting in hard work. As you start, focus on getting better as you go, and never be afraid to change things up if something isn’t working.