The traditional way of working is way dead.
According to Henley Business School, 1 in 4 people is already running a business as a side project contributing to an estimated £72 billion to the economy.
Professor Bernd Vogel, Founding Director of the Henley Centre for Leadership explains:
“With 25% of adults side-hustling today, there is no way back. The genie is let out of the bottle. Those who are underwhelmed and under-financed by their work, but have the appetite, if not the confidence, to go it all alone as an entrepreneur, will not let the chance slip. We can expect growth in side-hustling, possibly even doubling, in the next ten years, especially if Human Resources in organizations makes the side-hustling elements of its toolkit and facilitates outside and internal side hustles instruments for purpose, rewards, and innovation.”
Side hustles can mean different things to different individuals, and that's okay as long as they bring in good profits. No matter where you're from or what you do for a living, thanks to the conveniences given to us by the internet nowadays, making money is no longer a constant and never-ending struggle.
Below you will find top 3 Side Hustlesthat offer a quick fix for making good money, which fortunately doesn't require too much of your time. You can simply select one of these strategies that suit you and ensure that you deliver a good level of commitment. At the end of the day, that's what it's all about.
1. Source property for wealthy investors
Property sourcing is the activity by which property deals are negotiated and packaged by a property source, to then be sold on to a property investor.
We all know how much money there is in real-estate, but superficially you might be thinking this market is off-limits, especially when taking into consideration how high the price of a house is. Truth is, lots of people make a great deal of money only by sourcing suitable properties for wealthy investors who simply have no time. The key is to find properties below market value (BMV) by avoiding real estate agents and instead flyering your area with your contact details offering to buy houses. Then you can approach investors yourself with a no-brainer offer to pass on the details of cut-price property in exchange for a % of the sale value. Most countries will have monthly networking events for landlords and property investors. Track them down, sign up, put on the best suit in your wardrobe and go along with lots of business cards. Or you could start on social networks like LinkedIn to build some initial contacts. As you might imagine, this isn't necessarily a quick way to make millions overnight, but once you've got a few investors in your phonebook, it can prove to be very lucrative in the long run.
But it doesn’t end here. Hang on to see different ways you can make profits from Real Estate Business.
Like anything in life, the more you get into real estate investing and the more experienced you become, the easier it will be in the future.
After establishing yourself with a lender, financing for future buys will be much simpler. Real estate agents will also bring more deals your way when they are confident that you will buy. You will also find out that others want to invest more after you have a profitable recording real estate. It will also become much easier to attract tenants through word-of-mouth from present or previous renters. You will also be able to determine what type of real estate investing is best for you, whether that is renting to students in a college town or leasing out rooms.
Regardless of the type that works out for you, now is the time to start.
It is much better to make a mortgage payment to the bank rather than send the rent check to a landlord. It is vital in all investment opportunities to acquire assets and hold on for the long-term. As history has proven, with a side hustle of a real estate business, it can be especially rewarding to those who start at a young age.
2. Online Trading
The self-made millionaires aren't necessarily smarter than anyone else, but they have mastered some important principles that have helped them stay ahead. Most importantly, they treat building wealth as a learnable skill — and it’s something that you can learn, too. If you’d like to join the ranks of the super-wealthy, start Online Trading and see what financial freedom truly feels like.
Confused about what Online Trading is and how it works?
Online trading is the act of buying and selling financial products through online trading platforms, which are normally provided by internet-based brokers and are available to everyone who wants to make good money from the financial markets. Most brokers provide a variety of financial products including Shares, Stocks, Commodities, Indices, and Forex. While trading Shares like Google or buying and selling commodities like Gold and Silver are extremely familiar, Forex and Stock trading have gained extreme popularity over the last couple of years due to some of their major features.
If you are concerned about not having too much free time, worry no more.
You only need to trade those 2 hours/day that you spend watching “Friends” for the 27th time, for a few-minute into online trading.
Earning Income potential is huge in the financial markets. Several traders make millions of dollars every year by trading part-time! There is nothing as high-paying as the financial market business. How much you can make depends on how much capital you have when you start trading. Typically, the top traders can make as much as 200% in profits per year! Sounds like zillions are rolling out there! The good thing is, you can also start with a reasonable amount of investment if you don't want to fall short of money at the end of the month.
Are you still wondering why is Online Trading a great opportunity for Side Hustling?
First of all, it is Accessible to Anybody!
People can become traders from all walks of life. You don’t have to know anything before you get started.
Some of the world’s most famous traders came from humble beginnings.
Take George Soros, for instance: he survived the Holocaust and immigrated to the United Kingdom in the 1950s. He went on to become famous for being “the man who broke the Bank of England”. He now has a net worth of over $8billion.
Another trader who came from simple origins is the founder of the world’s largest hedge fund. He’s named Ray Dalio. The Queens-born trader made his first investment the stock market at just 12 years old with money he'd earned as a golf caddy.
Secondly, you can do it Everywhere.
Fortunately, anybody can get into trading. It’s just about believing in yourself! And yet, nowadays, in the era of the internet, you don’t need anything else to start trading. Nope, you don’t need to set up your office anywhere or get yourself kitted out with lots of expensive equipment. All you need to do is grab yourself a computer or mobile device and connect to the internet. Then, you’re off. You can trade stocks and share wherever you are. You can be a stay-at-home parent, a college student, or a busy lawyer. Get started with trading wherever you are. You can even become a “digital nomad” by trading on the side of your other online businesses.
3. Selling on Amazon
Since 2000, selling in Amazon has been helping individuals and businesses increase sales and reach new customers. Today, more than 50% of Amazon’s total unit sales come from third-party selection. Consider all the benefits of Selling on Amazon, then choose a selling plan and to find out how selling on Amazon works. All sellers can list products in more than 20 categories. Professional Sellers can apply to sell in at least 10 additional categories. Manufacturers and distributors who are new to Amazon or are existing Professional Sellers, now have a targeted way to reach business customers on Amazon. With a specialized suite of tools to enable B2B e-commerce, small businesses to large enterprises will find new ways to engage incremental business customers through a trusted Amazon experience.
What's so good that you can find it on Amazon?
• Zero upfront cost- There are no startup charges, no monthly subscription fees, and no advertisement costs.
• Real jobs - No more chasing leads. You get real customer jobs.
• Leverage the trust of Amazon – Reach Amazon customers in your area and grow your business.
With the Selling Services on Amazon app, you can see every new job in your area and only choose the ones that fit your schedule. Take a risk by starting a business or pursue a new hobby you’ve always been curious about.
A side hustle is your best opportunity to live life on your terms. And with some extra money in your pocket, nothing is stopping you from making your dreams come true.