Welcome back! Today is Day 6: Increase Your Income
The average millionaire has roughly 7 million streams of income. Now, not everyone has desires to be a millionaire, but there is value in knowing that those who are well-off see the importance of diversifying their income. There are many ways to increase your income, but this email will focus on my favorite method which is to start a side hustle.
Download the Epic List of 70 Side Hustles here.
Anyone can start a side hustle, and anyone can make money from a side hustle. It is a great way to increase your income and you can always work to scale your hustle to a full-time income.
In addition to the list of side hustles you can download, I have also compiled a list of my 10 personal favorite ideas to increase your income.
1. Start a Blog
Blogging is not dead. I repeat, blogging is not dead! There are so many people that make a sustainable and comfortable living just from running a blog. Start by finding a niche that you want to blog about (make sure it’s something you can talk about over and over again), get a hosting platform, start cranking out blog posts, and when you’re ready, monetize!
2. Amazon FBA
Amazon has basically taken over the world. Might as well join them. To sell on Amazon FBA, you do need a good chunk of change up front (don’t trust anyone telling you that it’s possible to start FBA with less than $1,000). If you have the money to start this lucrative side hustle, all you need to do is source a product (likely from China) and get a seller account on amazon.
3. Become a Virtual Assistant (VA)
Virtual Assistants are in high demand lately and there are great perks in becoming a VA. You can make your own hours, work from home, set your own rate, and choose your clients. Also, once you get established, you can advertise through word of mouth.
4. Teach Online Courses
Education doesn’t just mean going to school and sitting in a classroom. Many people are turning to online courses for learning various topics. If you are a master at a specific topic, literally any topic, create a good quality online course to sell. Some platforms that you can advertise your course on are Teachable and Udemy. If you create an online course, you get to decide how detailed you will be and the amount that you will charge.
While the podcast market might already have a podcast on virtually every topic, no one can copy your voice. If you have something you are passionate about, start a podcast and find your own raving fans.
6. Professional Organizer
Did you know there was such a thing as a professional organizer? If you love to clean, tidy, and organize, this is the perfect side hustle for you. If organizing is something that excites and delights you, start your side organizing business with these easy steps.
7. Edit Videos
Popular content creators are finding that they need to hire editors to make their videos. If you can learn how to edit on a professional software such as Final Cut Pro, you can offer services for editing videos. There are plenty of courses and tutorials out there to help you gain skills at editing.
8. Vacation Property
If you own a property, or can afford to invest in one that is in a prime vacation location, you can be making good money by renting it out during travel season. There are plenty of logistics that go into this, and various cities have rules on vacation homes, but once that’s all figured out, it’s a passive income side gig.
9. Background Actor
If you live in an area where they film movies, TV shows, or commercials, look into background acting. A great site to get these gigs is Central Casting or Backstage.
10. Sell DIY Bodycare Products
The DIY movement is so powerful. If you are a part of that movement, try making your product in bulk and selling it. You can go to farmer’s markets or list them for sale online.
To see the entire list of side hustles that can help increase your income, download the Epic List of 70 Side Hustles here.
Tomorrow we will wrap everything up and talk about how to best take control of your finances for your future.
THE LIFE HUNT
Hi, I’m Alyssa Hunt. A few years back I decided that I don’t want my money to control me, I want to be in control of my money. That’s why I’m committed to creating a lifestyle that allows me to be my own boss and have the freedom to travel the world. So, I’m mastering my finances while building multiple streams of income, and I want to help you do the same. Join me and let’s succeed together. MORE