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Online Side Hustles: Maximizing Your Income Streams

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With the way that technology continues to evolve, there’s a wealth of opportunities for individuals to harness the power of the internet and maximize online income streams. With the right tools and a goal in mind, picking up a few online side hustles to supplement your cash flow is possible.

With a diverse range of gigs that offer flexibility and financial potential, it’s easy to find the perfect option that fits your needs. Discover how you can turn your spare time and skills into extra income with these lucrative online ventures.

Sell Things Online

This side gig is a fantastic choice for individuals aiming to clear out household clutter while also earning extra income. Doesn’t the idea of decluttering become even more enticing when it leads to some extra cash? Take a weekend to tidy up your home and part ways with any items you no longer need or desire. You can sell these unwanted items on different platforms like:

Sign up and provide your banking information. Once done, you’ll have a personalized page featuring advertisements for the items you want to sell. The potential for substantial earnings exists in selling old things, and the best part is there’s no initial investment required to kickstart this venture!

Start a Blog

Blogging is one of the most versatile online side hustles you can embrace. Its beauty lies in the freedom to write about virtually anything. For instance, if you are passionate about cooking, you could create a blog to share recipes and kitchen mishaps and offer tips for aspiring chefs.

Steps To Start a Blog

Here are the essential steps to kickstart a profitable blog:

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  1. Discover your niche: Determine what subject matter resonates with you.
  2. Secure a memorable domain name: Opt for budget-friendly options like Namecheap.
  3. Set up your blog: Consider reliable hosting services such as Lyrical Host.
  4. Attention to detail: Choose a fast and attractive theme.

With consistent writing, you can monetize your blog through basic advertising like Adsense and lucrative affiliate marketing partnerships, such as those with Amazon.

The earning potential for starting a blog varies widely and depends on several factors. Some successful bloggers generate a full-time income ($45,000 on average), while others may earn very little or nothing at all. 

Factors influencing earning potential include the blog’s niche or topic, content quality, audience size, monetization methods (such as ads, affiliate marketing, product sales, or sponsored content), and the blogger’s marketing and business skills.

Become a Freelance Writer

Freelance writing is similar to blogging in that it involves writing but offers a broader spectrum of possibilities. As a freelance writer, you can tackle diverse writing assignments spanning various topics. A significant distinction is that you receive immediate compensation, unlike the delayed earnings from blogging.

Some of the more popular working niches are:

  • Editing and Proofreading
  • Technical Writing
  • Resume Writing
  • Copywriting
  • Content Writing

Numerous freelancing opportunities await on platforms like People Per HourUpwork, and Fiverr, and the best part is that joining is free. While pay rates may fluctuate, your earning potential increases as you accumulate experience, enabling you to command higher project fees.

Start an E-Commerce Store 

Starting an e-commerce store is a fantastic choice for stay-at-home moms and dads seeking flexibility and a substantial income stream.

You may need to research to understand concepts like dropshipping, but with this knowledge, you can establish your online store and cultivate your brand through platforms like Shopify

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Your store doesn’t have to feature products of your own creation; you can source items from manufacturers and sell them under your brand.

This approach is known as private labeling, wherein you collaborate with the manufacturer to customize products according to your specifications. As the retailer, you control details such as packaging, labeling, and product contents. You then arrange for the items to be shipped directly to your store. 

Alternatively, white labeling involves selling products without alterations, save for replacing the manufacturer’s logo with your own.

Become a Virtual Assistant

In the current landscape, the demand for virtual assistants has skyrocketed. Business owners require a wide range of services, from managing schedules and reservations to handling phone calls and emails on their behalf.

As a virtual assistant, you can earn a competitive hourly rate, typically from $35 to $50, contingent on your services. This role offers exceptional flexibility, allowing you to complete many tasks at your convenience, particularly if they are straightforward.

Expect to handle tasks such as client follow-ups, making travel bookings, bookkeeping, setting reminders, and making online purchases for the business.

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Platforms like Pinterest offer abundant opportunities for virtual assistants; explore them to learn more and find suitable positions. Numerous online virtual assistant opportunities offer diverse roles to suit your skills and preferences. 

Fill Out Surveys Online 

Participating in online surveys ranks among the simplest and most adaptable ways to earn extra income. By registering with survey platforms, you can share your opinions with companies keen on understanding consumer feedback and preferences. While each survey typically takes just a few minutes, compensation ranges from $0.50 to $5.

To maximize your earnings, consider joining multiple survey sites, increasing your chances of receiving survey invitations. Payouts are typically processed monthly.

Here are some of the top survey sites worth considering:

Event Planner

Event planning offers a delightful blend of creativity and profit potential, allowing you to showcase your unique style. With the freedom to tailor your services to your availability, this role is exceptionally flexible. 

You can expect to curate everything from decorations and invitations to food and specialty elements, depending on your desired level of involvement. Promote your skills by creating a website or utilizing your social media presence to spread the word.

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The typical hourly wage for a meeting or event planner falls between $26 and $33, with an average hourly pay of $29.

Become a Social Media Manager

If you’re already an avid user of social media platforms like Twitter, Facebook, Pinterest, and Instagram, transitioning into a Social Media Manager role can be a seamless and profitable choice. Leverage your familiarity with these platforms as you plan, execute, and monitor content calendars and marketing strategies for clients.

You’d oversee a company’s social media presence, design and implement marketing initiatives, ensure consistent content uploads, and promptly engage with prospects.

If you possess strong organizational skills and a love for social media, this side hustle is definitely worth exploring. Beginner freelance social media managers often set hourly rates ranging from $20 to $50.

Niche Newsletter 

Developing a niche newsletter can be a rewarding side hustle for those passionate about specific topics like food, travel, or technology and with strong writing and communication skills.

Basic design and marketing abilities come in handy when crafting and promoting your newsletter. Prior research on market dynamics and competition is crucial to confirm a demand for your content. You can present your expertise through email newsletters, downloadable PDFs, or exclusive website subscriptions.

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To transform your niche newsletter into a productive endeavor, contemplate offering paid subscriptions, with potential monthly earnings ranging from $5 to $10 and possibly more as your venture gains popularity.

Invest In Dividend Stocks 

Investing in dividend stocks can provide investors with an excellent passive income stream. Explore user-friendly platforms such as Robinhood or Webull, which offer commission-free trading and a diverse selection of dividend-paying stocks.

Conduct thorough research and select stocks with a track record of consistent dividend payments and strong financial performance. Alternatively, consider investing in exchange-traded funds (ETFs) or mutual funds specializing in dividend-paying stocks.

Your potential income hinges on the amount you invest, the dividend yield of your chosen stocks or funds, and the frequency of dividend payouts.

Online Tutoring

Online tutoring presents a solid option for individuals well-versed in specific subjects. Online tutoring platforms like Wyzant and TutorMe simplify student connections and schedule management. A robust grasp of your subject and effective communication skills are essential to excel as a tutor.

On average, online tutors can earn between $15 and $50 per hour, depending on their experience and subject proficiency.

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Affiliate Marketing

Affiliate marketing involves promoting products or services to your audience and earning commissions on subsequent sales.

Register for affiliate programs via platforms like Amazon AssociatesCommission Junction, or ShareASale. Once approved, you may start endorsing products through your website, blog, or social media channels.

To thrive in affiliate marketing, cultivate an engaged audience and produce valuable content that resonates with your followers. This may encompass product reviews, tutorials, or content highlighting the advantages of the products or services you endorse.

The income potential varies based on the products, audience size, and commission rates. With a dedicated following and effective marketing strategy, earning a substantial income, even up to $60,000, is attainable.

Computer Repair or IT Support

Providing computer repair and IT support services to businesses and individuals can be a profitable sideline. You can offer various services, including virus removal, software installation, hardware repair, and IT consultations. These services can be conveniently delivered online through consulting.

To promote your expertise, consider advertising your services on platforms like CraigslistTaskRabbit, or social media. You can also offer your skills via freelance websites such as Upwork or Fiverr, where clients seek IT-related assistance.

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Consulting in this field can command hourly rates ranging from $100 to $300, offering substantial earning potential for your IT support venture.

Start a YouTube Channel 

Starting a YouTube channel is amongst the most popular online side hustles if you’re comfortable in front of the camera.

You can produce videos covering a broad spectrum of topics, from cooking and travel to gaming and beauty. As your audience grows, you can monetize your content through various means, including advertising revenue and sponsored content partnerships.

To initiate your YouTube journey, create a Google account, register for a YouTube account, and establish your channel. Collaborating with brands to craft sponsored content and retailing merchandise to your viewers are additional avenues for income.

Estimates suggest that YouTube creators earn roughly $0.01 to $0.03 per view from advertising revenue. Consequently, a video garnering 100,000 views could yield earnings ranging from $1,000 to $3,000.

Dropshipping 

Dropshipping offers the opportunity to sell products online without managing inventory directly.

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Instead, you collaborate with suppliers who handle the product shipment directly to your customers.

Begin by setting up an online store via platforms like Shopify or Oberlo and select products from suppliers aligning with your chosen niche.

When a customer places an order, the supplier handles the shipping, and you retain the difference between the retail and wholesale prices. Dropshipping’s advantages encompass low initial costs, operational flexibility, and the ability to work from virtually anywhere.

Success hinges on effective store marketing, product selection that resonates with your target audience, and top-notch customer service. While the average income hovers around $43,000, businesses in full bloom can earn as much as $100,000 annually.

Graphic Design Service

Graphic design is a versatile skill that can be one of the best online side hustles. You get to provide graphic design services to clients, including logo creation, business card design, and website layouts. Numerous platforms, such as Fiverr, Upwork, and 99designs, are available to connect with potential clients.

To excel in this field, a robust portfolio showcasing your design prowess and proficiency in software like Adobe PhotoshopIllustrator, and InDesign are essential.

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Earnings fluctuate based on the platform and project complexity. For instance, on Fiverr, you can offer packages ranging from basic designs for $5 to more intricate creations for several hundred dollars. On 99designs, you can engage in design contests, potentially earning a few hundred to several thousand dollars for winning designs.

Elevate Your Earnings

Online side hustles offer near-limitless chances to reach your income goals. Whether you seek a flexible endeavor or a chance to pursue your passions, these digital gigs offer pathways to financial freedom and self-expression.

As you embark on your journey, remember that dedication, innovation, and perseverance are your trusted companions on this exciting route to financial empowerment.


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Cut Costs, Not Features with This Microsoft Bundle Deal

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Cut Costs, Not Features with This Microsoft Bundle Deal

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Software subscription fees can quickly add up, and for small-business owners, entrepreneurs, or freelancers, these costs can eat into profits. Businesses spend approximately 29% of their IT budgets on software, according to a 2023 survey by Gartner.

For business professionals who are looking to streamline workflow without paying steep subscription fees, the Ultimate 2019 Microsoft Bundle might be the perfect solution. For just $71.94 (regularly $927), this comprehensive four-part bundle offers Microsoft Office Professional Plus 2019, Windows 11 Pro, Project 2019, and Visio 2019.

While it’s not the newest version of Microsoft’s software, it can deliver tremendous value for anyone seeking tools to manage their business, boost productivity, and work efficiently. The bundle offers a lifetime license, meaning you’ll get all the functionality you need without the recurring costs associated with subscription services like Microsoft 365.

However, it does come with Windows 11 Pro, which includes the recent AI updates. Windows 11 Pro delivers a modern, intuitive interface with enhanced security features such as biometric login and Smart App Control, making it ideal for professionals who prioritize privacy and usability. It’s also equipped with tools that support multitasking, such as Snap Layouts and Virtual Desktops.

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For companies looking to reduce overhead without compromising essential functionality, making a one-time purchase of slightly older software is a smart financial move. This includes Office’s most popular productivity tools, Word, Excel, PowerPoint, and Outlook.

Project 2019 is a must-have for anyone who is managing large or small projects. It helps track tasks, timelines, and resources, making it easier to stay on top of deadlines and ensure your team moves in the right direction. Project 2019 gives you the tools to streamline processes and manage tasks efficiently.

Visio 2019 is ideal for creating professional diagrams, flowcharts, and organizational charts. It’s particularly valuable for visualizing complex data or workflows, which is essential for business owners looking to improve operational efficiency.

If you need a productivity boost without eating into savings, take a closer look at this bundle.

Get the Ultimate 2019 Microsoft Bundle with Office, Project, Visio, and Windows 11 Pro for $71.94 (regularly $927).

StackSocial prices subject to change.

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3 Trends That Will Change the Future of Entrepreneurship

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3 Trends That Will Change the Future of Entrepreneurship

Opinions expressed by Entrepreneur contributors are their own.

The most recent data from the new Global Entrepreneurship Monitor report reveals a powerful trend for the future of entrepreneurship.

Young adults, aged 18-24, had both the highest entrepreneurial activity and entrepreneurial intentions in the United States, according to the Global Entrepreneurship Monitor 2023-2024 United States Report. With similar results in 2022, this is not just a minor shift — it’s a fundamental change that could have lasting impacts on the economy and society.

I serve as the chair of the board for the Global Entrepreneurship Research Association, the entity that oversees GEM, which was founded in 1999 as a joint venture of Babson College and the London Business School. As the GEM U.S. team co-leader and a professor of entrepreneurship at Babson, I see firsthand the impact of the research created by the Global Entrepreneurship Monitor.

Here are three entrepreneurship trends from the new GEM report that are changing the landscape for the future.

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Related: 21 Success Tips for Young and Aspiring Entrepreneurs

1. Young entrepreneurs on the rise

For years, entrepreneurship has been dominated by older, more experienced individuals, but this year’s report shows that the youngest adults are now at the forefront. According to GEM, 24% of 18- to 24-year-olds are engaged in some form of entrepreneurial activity, a higher rate than any other age group. What’s driving these young entrepreneurs is equally remarkable: They aren’t just starting businesses to make money; many are deeply committed to making a positive impact on society and the environment.

These young entrepreneurs make sustainability a key priority. They are more likely than entrepreneurs from older generations to build businesses with sustainability as a core focus — whether that means reducing their environmental footprint or focusing on social causes. This shift toward impact-driven entrepreneurship isn’t just anecdotal. GEM data shows a significant number of young entrepreneurs taking real, measurable steps to create businesses that align with their values. With sustainability as their north star, young entrepreneurs appear to be simultaneously pursuing societal impact as well as profits.

However, it’s not all smooth sailing. While young people are leading the way in starting businesses, they are also discontinuing them at higher rates than their older counterparts. The discontinuation rate for 18- to 24-year-olds is 15%, the highest among all age groups. This is not surprising, given the challenges of inexperience and more limited access to capital. Starting a business is tough, and sustaining one is even more challenging. But despite these hurdles, the enthusiasm and energy that young people bring to entrepreneurship are undeniable, and with the right support, this generation has the potential to drive substantial change.

2. Tech gender gap narrows

One of the most promising findings in the GEM report is the narrowing gender gap in the technology sector. Historically, tech startups have been dominated by men, but 2023 saw a record-low difference in the number of men and women starting tech companies. The gap has narrowed to just 1%, with 8% of women compared with 9% of men launching businesses in the Information and Communication Technology (ICT) sector.

This is a significant step forward and reflects broader efforts to support more women technology startups. Still, it’s important to recognize that while progress is being made, continued focus on providing equal opportunities is essential to ensuring this trend continues.

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3. Optimistic outlook for Black and Hispanic entrepreneurs

Another highlight from the report is the optimistic outlook among Black and Hispanic entrepreneurs. These groups showed stronger confidence in their entrepreneurial abilities and lower fear of failure compared to their white counterparts. Black respondents, in particular, demonstrated high levels of resilience and self-assurance, which is vital in overcoming barriers faced in starting and sustaining businesses. This optimism is encouraging, but there’s still much work to be done in assuring ecosystems offer equal opportunities for all aspiring entrepreneurs, regardless of their background.

Related: I Wish I Received This Advice as a Young Entrepreneur

A promising future

Reflecting on the key findings of this year’s GEM report, it’s clear that the entrepreneurial landscape is changing in meaningful ways. The rise of young, sustainability-driven entrepreneurs signals a future where business is not only about profit but also about making a difference. These young entrepreneurs are launching businesses at a time when the world is looking for solutions to some of its most pressing challenges — climate change, poverty and economic recovery.

Yet, to fully realize the potential of this next generation, there must be more focus on addressing the challenges they encounter. Young entrepreneurs need access to the right resources — whether it’s funding, education or mentorship — to turn their innovative ideas into sustainable businesses. The narrowing gender gap in tech is encouraging, but we must continue to foster environments that support women and other underrepresented groups in entrepreneurship.

The GEM report paints a picture of an entrepreneurial future driven by purpose, diversity and innovation. But it also reminds us of the work that lies ahead in making entrepreneurship more accessible and sustainable. If we can provide young entrepreneurs with the tools and support they need, we will not only see more businesses being created — we’ll see businesses that are making a lasting, positive impact on the world.

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These Are the Top Side Hustles to Work Less, Make More Money

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These Are the Top Side Hustles to Work Less, Make More Money

In the best-case scenario, a side hustle could turn into a multimillion-dollar business that generates a passive income stream — but at the very least, starting a side gig could help pay some bills.

A new survey from personal finance software company Quicken shows that almost half (43%) of Americans with a side hustle, or an extra source of income added to a primary income, make more money and clock in fewer hours overall than those without a side hustle.

The three most popular side hustles pursued by those who work less and make more money were personal assistance (20%), cooking and baking (16%), and caregiving (16%). One in five people with side hustles said they were business owners, too, selling products online or offering services like photography.

The majority of people with side hustles (82%) said starting a side gig helped them financially, and kept them from living paycheck to paycheck. Most with side hustles (57%) had savings equal to at least four months of living expenses.

Related: Side Hustles Are Soaring as Entrepreneurs Start Businesses Working Part- or Full-Time Elsewhere, According to a New Report

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The survey also found that, for younger side hustlers, a way to an extra income doubles as a path to becoming more employable. 44% of Gen Z (born between 1997 and 2012) choose to start a side hustle in order to obtain skills for long-term careers, much higher than the overall 18% of Americans who started a side hustle with the same motivation.

Quicken conducted the survey online, gathering responses from more than 1,000 Americans.

Additional research on side hustles, released in August by NEXT Insurance, showed that three out of five people bring in less than $1,000 monthly in side income, while 22% make $1,000 to $10,000 a month, and 15% make more than $10,000.

Related: Starting a Side Hustle Should Come With a Warning Label — Here’s What You Need to Know

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