No matter what stage of your career, diversifying your income is always a good idea. The internet has made it 10x easier to start working on easy side hustle ideas that can potentially replace your 9-5 job income.
In this blog, we will learn about 4 easy side hustles and a brief roadmap to get started on each. Let’s get into it:
Side Hustle Ideas in 2024 to Earn 6 Figures
1. Build a service business
A service business is the easiest side hustle to set up, and you can start earning an income from day one. All you need is a skill (that solves a problem or delivers value) and a payment to get paid.
Examples of skills that can turn into a lucrative service business and earn money online:
- Copywriting
- Graphic design
- Fitness instructor
- Accounting and finance.
A roadmap to get started and master this side hustle:
1st Step: Pick a skill you know or learn one.
2nd Step: Write about it online. (Twitter or LinkedIn).
3rd Step: Reach out to people and offer to help for free.
4th Step: Deliver results and turn them into case studies.
5th Step: Reach out to more people, share your previous work and the results you have delivered.
6th Step: Start charging.
Here are some resources to get started the above side hustle ideas:
- For website use → Carrd
- For payment use → Stripe
- For client acquisition use → Twitter and LinkedIn
2. Build and sell digital courses
Digital courses are great if you want to maximize your time. You can share your knowledge with thousands without spending hours teaching each person.
Simply create recorded modules for all the key components and package it as a digital course.
How to get started:
1st Step: Pick a skill you already know.
2nd Step: Break it into modules (to teach that skill to others).
3rd Step: Record or write the course content.
4th Step: Publish it.
5th Step: Content creation about the skill and drive traffic to the course site.
Resources to get started:
- For course site use → Gumroad
- For course creation use → Notion
3. Create a paid newsletter
Are you an expert in a specific field but don’t like the idea of courses and teaching? A paid newsletter is one of the best ways to share your knowledgeable insights.
Instead of one-time payments like digital courses, paid newsletters generate recurring revenue.
Here are the two ways you can opt to start this side hustle:
Organic:
Create content on Twitter + LinkedIn and share bite-sized content of your newsletter. Then, drive people to the newsletter to view the full content.
Paid:
- Create lead magnets and run ads to acquire subscribers.
- Combine both, and you have a robust growth system for your newsletter.
4. Start a paid community
Think of it as an online social club and people pay you to connect with like-minded individuals. Building a paid community is the hardest among the 4 side hustle ideas. However, it is also the most powerful one.
The following are the platforms to build a paid community and you can use them to start instantly:
- Skool
- Patreon
- Circle
Wrap Up
To start working on any of the above side hustle ideas requires planning, dedication, and perseverance. It’s about what side hustle project you pick. After deciding the hustle idea, follow the step-by-step process, and boom! You are on course for a six-figure business.
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