With these side jobs, you can make money until you fall asleep
It’s no secret that we are changing programs in the gig economy. The typical 9-5 working day is slowly becoming a thing of the past with the rise of skilled freelancers able to generate six different income streams with flexible working hours.
If you are looking for a job or have a full-time job but need other sources of income, I highly recommend taking an additional job. Before I started working on our startup Due, I mixed four or five different projects at the same time. I could work calmly and directly control my potential income. Even now that I am working full time, I will not stop looking for new opportunities. If you’re looking for an alternative income, take a look at these four part-time jobs anyone can start today.
Start your blog
One of the most popular ways to earn extra income is to start your own blog. Generating significant income from a blog (or any other income) takes a significant investment of time. If you are looking to make money fast, this is probably the best place to start. If you’re willing to put in enough time, the investment is well worth it.
To get started, I recommend that you choose a theme that you really like. This way, you can create meaningful and stunning content. Next, select a domain name and buy a server. WordPress offers many options when you want to create and customize your own blog. It is best to focus on content that is useful and grabs the attention of your audience. For example, if you’re writing a travel blog, focus on the best attractions or places to eat rather than how much you miss your dog and home. Here are some ways to improve your blog:
Find sponsors: Whether it’s a logo or a standalone page, sponsorship is a great way to create a steady stream of your blog. For example, if you have a fitness blog, look for sponsors from brands related to the topic to get more attention.
Crowdfunding of shares
Unlike reward-based crowdfunding, equity crowdfunding allows investors to purchase real securities for their investments. I suggest checking out some of the stock crowdfunding platforms to get familiar with the process. Crowdfunder is a platform that acts as a marketplace for investors and startups. Indiegogo also offers stock crowdfunding opportunities. Both platforms also provide a ton of informational materials so you can learn before investing.
If you’re already in a startup, this is a great way to learn about other companies. Plus, it gives you insight into both sides of the fundraising process. As an entrepreneur, you need to constantly discover new facets of business. Equity crowdfunding is a great learning experience and earning potential.
Peer-to-peer loans allow individuals to obtain loans without having to deal with banks or other institutional lenders. Platforms like Lending Club and Prosper allow just about anyone to become a lender. These platforms are highly demanded by individuals and companies looking to get a quick and easy loan. That being said, interest rates on these platforms are usually higher. The average interest rate for LendingClub in 2016 was about 12 percent, with over $ 300 million in interest received. If you have money to spare, peer-to-peer loans are a great way to make it work.
These platforms also help lenders by researching and evaluating borrowers. A general rule of thumb when investing is to hedge your bets, so never put all your eggs in one basket. Before you start, check out some of the stats provided by Lending Club.
Transfer of microbusiness to outsourcing
This is one of my favorite part-time jobs as it tests your true entrepreneurial skills. An entrepreneur must be resourceful and create opportunities out of thin air. I remember working on my first startup. I had a friend who asked me if I knew how to develop a website. Not knowing anything about web development, I answered him shortly: Yes, of course I do. In the end, I found a developer and helped my friend create his website. Since he was a good friend, I didn’t blame him, but I realized that he created a potential opportunity.
Whether it’s web development, graphic design, or even marketing, there are many opportunities for connecting buyers and sellers for profit. Platforms such as Fiverr and UpWork provide access to thousands of freelancers with diverse skills and backgrounds.