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10 Easy Ways to Increase Your Income in 2023



10 Easy Ways to Increase Your Income in 2023

Are you ready to earn extra money through a side hustle or a new career move? In today’s world and with the right skills, you can boost your monthly income or make a steady stream of passive income relatively quickly. And so if you’d like to know how to make 5K a month working from the comfort of your couch, we’ve got you covered.

Earn some extra cash with these methods. They may require an initial investment of your time and energy, but they can yield huge dividends when you want to start making money online. 

Let’s dive in!

Top 10 Ways to Make 5K a Month

Here are ten creative ways to boost your monthly income starting right now. 

Freelancing with Skills You Already Have

Chances are you have a few talents you started to hone at your current job. Whether you have a knack for words or a way with graphic design, you have a skill that other people might be willing to pay good money for. You can easily find freelance gigs in online marketplaces such as Upwork or Fiverr


Keep in mind that freelancing is not a chance for passive income though. Instead, you will be working to earn that extra cash.

That being said, a freelance gig is still great because you can complete it around your other hobbies, family commitments, or responsibilities. It’s a great way to earn more money during evenings and weekends when you need a little cash infusion. 

You can even complete your work from anywhere in the world, making it great for people who want to travel and afford a luxurious life abroad. 

A few skills that you might be able to make a living with include: 

  • Writing or copywriting
  • Graphic design
  • Search engine optimization (SEO)
  • Transcription
  • Translation
  • Web design

Blogging or Content Creation

10 Easy Ways to Increase Your Income in 2023

Chances are that you have already seen how much monthly income successful bloggers make. You can earn money through blogging by paid advertising, affiliate marketing, or starting your own affiliate program for products that you might sell on your site. You can even write a sponsored blog post for another company and watch the income start to stack up! 

And there are lots of great courses that teach you step by step how to start and grow a profitable blog like The Authority Site System (TASS). It’s a blueprint developed by SEO and affiliate marketing experts with the exact direction you need to kickstart your online business journey.

Of course, blogging isn’t the only form of content creation to consider. 


If you feel comfortable on camera, then it might be time to consider starting a YouTube channel. Once you reach 4,000 watch hours and 1,000 subscribers, you can apply for their YouTube Partner Program, where you earn money based on ads that run on your videos. 

Important to note here is that this a long-term strategy to earn 5k a month. It will take time to build up an audience and start amassing gross income from these avenues. However, if you start now, you could have a nice source of passive income into the future.

Virtual Assistant

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Have you worked as a receptionist or an executive assistant? Maybe you just have great organizational skills and want to experience financial freedom. You can start your own online business as a virtual assistant. 

Virtual assistants make almost $25 per hour on average which means you would need to work 50 hours per week to make a $5,000 monthly salary. 

While it may not be the fastest path to bolstering your savings account, it can be great if you have experience in this area that allows you to command top dollar. The more you can charge per hour based on your experience, the more lucrative this position could be. 

Most virtual assistants will want to specialize their skills and charge a per-project rate. For example, you may charge a monthly fee for managing social media accounts or keeping an email inbox clear. This keeps you from trading hours for dollars and grants you a bit more financial freedom. 

Start an Amazon FBA Business

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Amazon is easily recognized as the go-to place for most people to make a purchase. Take advantage of their name brand recognition and start selling your own wares on their site. Fortunately, this is even easier when you start an Amazon FBA business. 

FBA (Fulfilled by Amazon) is just that: an order that is fulfilled by Amazon while you pocket the profit. How does it work? 

  • You find an item on sites like Alibaba or Jungle Scout that has profit potential. 
  • Set up an Amazon FBA account. 
  • Send the products to Amazon fulfillment centers. 
  • Someone orders your product. 
  • Amazon packages and ships it for you (for a fee). 

For more information on Amazon FBA businesses, here is our case study on starting an Amazon FBA business

Taking Pictures and Selling Stock Photos

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Do you have an eye for taking good pictures? Even a beginner can make good use of YouTube channels and the library to learn more about the art of taking a great photo. Plus, with the improvement in the quality of smartphone cameras, you may not even need to invest in any new equipment.

Instead, you can sell your pictures online to stock photo websites for extra cash. There are tons of places where you can upload your pictures to earn money, including Shutterstock, iStock, Getty Images, and more. 

This is a great passive income idea, as you earn more money based on the number of downloads you have. If you have lots of photos available, the odds are that you will get more downloads over time, snowballing your potential income.

Of course, if you have a knack for photography and some good selling skills, you can also make a living as a freelance photographer. You can take pictures for businesses, couples sessions, maternity sessions, and newborn photographs, just to name a few times when a professional photographer could be involved. 

If you have some equipment and a little bit of creativity, photography is a great side hustle (or main income source). 

Proofreading or Editing

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While most people think of becoming a freelance writer, this isn’t the only area where your skill with words could prove useful. There are lots of different ways to approach a career as a freelancer. Proofreading and editing are also highly sought-after skills for those with a strong command of the language and an eagle eye for technical details. 

You will spend your days reviewing documents for spelling, punctuation, and grammar errors. While it may not necessarily be glamorous, and it isn’t a source of passive income, it can be a great online business idea. 

You can learn proofreading through online courses to give you the confidence to start charging what you’re worth. A good proofreader can make up to $70,000 per year – well above 5k per month! 


Facebook Marketing

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Many people want to use social media to advertise their goods and services. Unfortunately, few business owners have the time or energy to keep up with their Facebook ads. This is where you can come in: earning up to $85,000 annually as a Facebook ads manager. 

Perhaps the best part of managing Facebook ads is that you don’t have to trade hours for dollars. Instead, you can charge a flat monthly fee based on the services you specialize in.

You could charge $1,000 per client – meaning you would only need five clients to make 5k a month.

If you can sell your services to local businesses, you’ll be well on your way to bolstering that savings account in no time at all with the extra income you’ll earn. 

The best part is that you don’t need a degree in marketing to be successful here. You can learn through the free and extensive library of resources offered by Meta

Learn more about whether this is right for you by learning some Facebook ad tips from expert Monica Louie.


Self-Publishing Books on Amazon KDP

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If you truly want to bolster those retirement savings, then it might be time to think about what you can do with Amazon KDP. You can self-publish several short books or even short stories to earn a solid income, mostly passively. The more books you can publish, the higher the likelihood of making money with this passive income idea. 

It’s similar to being a freelance writer, but you’ll be working completely for yourself. 

The best part is that your business will grow exponentially with the more books you publish. When a reader finds one book and enjoys it, they are likely to seek out your backlist and purchase others.

What do you do if writing isn’t your strong suit? You can still self-publish on Amazon KDP by publishing low content books like notebooks, journals, and more. For more information on how to start a self-publishing business with low content books, see our complete guide here. 

Creating a Course

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Do you have a marketable skill that other people would pay to learn? You can market an online course that will help you earn passive income monthly. Plenty of platforms, such as Teachable, make creating your online course a breeze. 

If you want to know how to make 5k a month, creating a course is one of the best ways to go. Some course creators can earn up to $50K per month – a great way to supplement your income. 

The best part is that you can set it and forget it. Once the content is created, you can have a completely hands-off way to earn money. You can even set up an affiliate program for your course, allowing others to advertise for you in exchange for a cut of the sales.

Given that you have to do minimal work for this, it’s a great way to start a thriving online business. 


Real Estate Crowdfunding

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If you have some money upfront to invest, you may want to consider real estate crowdfunding. Using apps like Fundrise, you could see a return on your investment as high as 22 percent (the actual returns for 2021 were 22.99 percent).

You purchase a share of a real estate investment trust, where the property may be used differently. Some might be flipped for profit, while others are established as rental properties. Either way, it generates solid returns month over month. 

The best part is that you don’t have to be an accredited investor to start investing in real estate. You can get started with just $10 per month, but you must invest a pretty significant amount to earn $5K per month. 

Final Verdict: How to Make 5K a Month 

Are you ready to achieve a new state of financial freedom? Whether you want a side hustle or a full-time income, these different ways of going about it will help spark your creativity. With a little hard work, you can start earning serious extra cash to save money, pay your bills, and afford the lifestyle you have always dreamed about. 

You can even stack several of these strategies on top of one another for compounded effects.

So ask yourself – which method will you try first? 

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AI Will Transform the Workplace. Here’s How HR Can Prepare for It.



AI Will Transform the Workplace. Here's How HR Can Prepare for It.

Opinions expressed by Entrepreneur contributors are their own.

Our workplaces are about to undergo an unprecedented level of transformation, and HR will take center stage. Artificial intelligence will dramatically reshape HR in a way that goes beyond recruiting, hiring and talent management. Leadership teams at all levels need to embrace this change to transform and lead their organizations forward.

It’s the people, and not the technology, that makes AI initiatives a success. Intrapreneurs, in particular, are the driving force behind it. As I shared in Fearless Innovation, I noticed this when I was working on the innovation agenda for the Great Places to Work study — the most innovative companies were those that had a leadership team that was embracing intrapreneurship and were open to change.

HR is the beating heart of any organization, and as such, it needs to take center stage in both adopting and leading ethical and innovative AI transformation across the organization.

Related: How Artificial Intelligence Is Reinventing Human Resources


4 tectonic shifts AI will drive in HR

1. A new wave of massive reskilling

As AI becomes more prominent across business functions, the need for new skills will only grow. Forty percent of enterprise leaders believe that their workforce would need to reskill as a result of AI and machine learning. In fact, research shows almost a third of all hours worked in the U.S. could be automated by 2030.

All of us need to reskill to some extent to be relevant in the AI era. Not only would people need to re-train, but generative AI is introducing a whole host of professions that have been non-existent until recently, from AI ethicists to human-AI interaction designers. Some of these roles might sound futuristic, yet they are becoming increasingly relevant as technology advances.

2. The great restructure

As automation takes center stage across more business functions, there will be the inevitable need for organizations to restructure and rethink how they work. This transition will not only involve the integration of new technologies but also introduce a shift in the workforce dynamics. Intrapreneurs will need to identify gaps both in skills and operational processes and forge brand-new roles for themselves and those they manage. HR must play a key role in enabling a smooth and easy transition in this regard. The transition will not be smooth or easy, and it’s only HR that has the capability to make it impactful.

3. Arrival of “digital humans”


“Digital human” may sound like an oxymoron, but that’s the term that’s starting to appear in business and operational plans. More roles, regardless of industry, are becoming digitally enhanced where some form of AI assistance is embedded in their everyday work. A real-life example is the introduction of the digital nurse — AI-powered healthcare agents which have already been proven to outperform human nurses in certain tasks.

Imagine the impact these digital roles will have on the workforce the more sophisticated and prevalent they become. Eventually, HR will need to create policies and systems in place that account for this new type of “staff augmentation.”

4. Regulating the robot

The threat of AI bias and misuse is serious. Not only can the technology put many jobs at peril, but potential improper implementation can expose organizations to serious liability and negatively affect the workforce. From avoiding bias to inclusivity, HR teams play a critical role in the ethical deployment and management of AI technologies.

HR professionals will be tasked with navigating the delicate balance between leveraging AI for efficiency and ensuring that its application upholds fairness, privacy and non-discrimination.

Related: How to Successfully Implement AI into Your Business — Overcoming Challenges and Building a Future-Ready Team


What HR intrapreneurs must do to embrace AI the right way

The future of work is being shaped by AI adoption, and its success hinges on the right approach from the outset. My experience shows that for successful organizations, one universal trait stands out: the presence of change agents. Every organization, regardless of size, benefits from intrapreneurs who are open to change and committed to spearheading transformation efforts. These intrapreneurs are pivotal in driving the future of work, as they help orchestrate the integration of new technologies into their business models.

HR and talent leaders should harness this dynamic, encouraging a symbiotic relationship with intrapreneurs to develop customized solutions for AI adoption, ensuring that they are not just keeping pace with technological advances but are actively shaping their trajectory.

Securing a seat at the table:

HR should take a proactive stance in the adoption of AI, even if it is still in its early stages within your organization. By securing a position at the forefront of the AI initiative, HR can and should facilitate and guide the entire organization in embracing this significant change.

As AI has the potential to impact every facet of the organization, it is imperative for HR to not only understand and advocate for this technology but also lead its integration across all departments. HR should encourage and support intrapreneurs and all employees to leverage AI in their daily tasks, demonstrating its value not just for operational efficiency but for personal and professional growth as well.

Master the technology:


To effectively navigate and regulate AI, HR must first understand it thoroughly. Grasping the full potential of this technology is crucial for reaping its extensive benefits. HR plays a vital role in identifying the necessary tools and skills that employees must acquire and then integrating these learnings into daily work practices.

Before implementing AI more broadly, HR should initiate comprehensive training programs that not only educate but also reassure employees about AI’s role in the future of the business. By leading these educational initiatives, HR can shape the structure and effectiveness of these programs, ensuring they meet the needs of the organization and its workforce.

Related: 3 Ways to Prepare Your Business For an AI Future

Looking ahead

Generative AI has the transformative potential to redefine the business landscape, but realizing this vast potential hinges on more than just the adoption of technology. It critically depends on the talent within the workforce, driven by HR and bold intrapreneurs. These visionary leaders don’t just implement new tools; they exemplify their use, demonstrating the profound impact of AI across every level of the organization.

HR plays a pivotal role in fostering this environment, enabling intrapreneurs to guide and inspire every individual they touch. Together, they turn each employee into a catalyst for change, igniting a widespread passion for innovation that deeply resonates and sustains long-term success.


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Samsung: 6-Day Workweek For Execs, Company in Emergency Mode



Samsung: 6-Day Workweek For Execs, Company in Emergency Mode

Four-day workweeks might have all the buzz, but one major tech company is going in the opposite direction.

Samsung is implementing a six-day workweek for all executives after some of the firm’s core businesses delivered lower-than-expected financial results last year.

A Samsung Group executive told a Korean news outlet that “considering that performance of our major units, including Samsung Electronics Co., fell short of expectations in 2023, we are introducing the six-day work week for executives to inject a sense of crisis and make all-out efforts to overcome this crisis.”

Lower performance combined with other economic uncertainties like high borrowing costs have pushed the South Korean company to enter “emergency mode,” per The Korea Economic Daily.

Related: Apple Is No Longer the Top Phonemaker in the World as AI Pressure and Competition Intensifies


Executives at all Samsung Group divisions will be affected, including those in sales and manufacturing, according to the report.

Samsung had its worst financial year in over a decade in 2023, with the Wall Street Journal reporting that net profit fell 73% in Q4. It also lost its top spot on the global smartphone market to Apple in the same quarter, though it reclaimed it this year.

Though employees below the executive level aren’t yet mandated to clock in on weekends, some might follow the unwritten example of their bosses. After all, The Korea Economic Daily reports that executives across some Samsung divisions have been voluntarily working six days a week since January, before the company decided to implement the six-day workweek policy.

Entrepreneur has reached out to Samsung’s U.S. newsroom to ask if this news includes executives situated globally, including in the U.S., or if it only affects employees in Korea. Samsung did not immediately respond.

Research on the relationship between hours worked and output shows that working more does not necessarily increase productivity.

A Stanford project, for example, found that overwork leads to decreased total output. Average productivity decreases due to stress, sleep deprivation, and other factors “to the extent that the additional hours [worked] provide no benefit (and, in fact, are detrimental),” the study said.


Related: Samsung’s Newest Galaxy Gadget Aims ‘To See How Productive You Can Be’

Longer hours can also mean long-term health effects. The World Health Organization found that working more than 55 hours a week decreases life expectancy and increases the risk of stroke by 35%.

The same 55-hour workweek leads to a 17% higher risk of heart disease, per the same study.

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John Deere Hiring CTO ‘Chief Tractor Officer,’ TikTok Creator



John Deere Hiring CTO 'Chief Tractor Officer,' TikTok Creator

This article originally appeared on Business Insider.

Agriculture equipment company John Deere is on the hunt for a different kind of CTO.

The brand on Tuesday announced a two-week search to find a “Chief Tractor Officer” who would create social media content to reach younger consumers.

One winning applicant will receive up to $192,300 to traverse the country over the next several months showcasing the way John Deere products are used by workers, from Yellowstone National Park to Chicago’s Wrigley Field and beyond.

“No matter what you do — whether it’s your coffee, getting dressed in the morning, driving to work, the building you go into — it’s all been touched by a construction worker, a farmer, or a lawn care maintenance group,” Jen Hartmann, John Deere’s global director of strategic public relations, told AdAge.


To kick off the search, John Deere tapped NFL quarterback Brock Purdy (who will presumably be a bit busy this Fall to take the job himself) to star in a clip in which he attempts to set out on a road trip in an industrial tractor.

Suited up in the obligatory vest, work boots, and John Deere hat, Purdy’s progress is interrupted by teammate Colton McKivitz hopping into the cab while a string of messages floods in from other athletes and influencers expressing interest in the job.

The clip also represents the first time that the 187-year-old company has used celebrities to promote itself, Hartmann told AdAge.

According to the contest rules, entrants have until April 29 at midnight to submit a single 60-second video making their pitch for why they should be the face and voice of the company.

In addition, entrants must live in the 48 contiguous states or DC — sorry Hawaii and Alaska residents. Interestingly, any AI-generated submissions are prohibited, too.

Videos will be judged against four categories — originally, creativity, quality, and brand knowledge — after which five finalists will be chosen and notified after May 17.


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