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- 6 Side Hustle Ideas (with actual examples)
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In this email, I show you 6 side hustle ideas that actually work.
The video is much more detailed and I show you actual examples of how people are doing them.
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1. Start a Newsletter Business
A newsletter business is a fantastic way to build an audience and generate income. You gather emails and send valuable content on a specific topic. Whether it’s daily updates or weekly guides, the possibilities are endless. Examples include Tim Ferriss’s “5-Bullet Friday” and James Clear’s “3-2-1” newsletter. Platforms like Beehive offer ad networks, making monetization easier than ever. Additionally, you can earn through newsletter referrals, affiliate marketing, selling your own products, sponsorships, and high-ticket services.
2. Launch a Digital Product Business
Creating digital products can be highly lucrative. Once the product is made, delivery is automated, allowing for high margins. A prime example is Justin Welsh, who teaches solopreneurship and has built a substantial income through his digital products. He monetizes his newsletter with sponsorships and offers various products catering to his audience’s needs.
3. Influencer Marketing with Sponsors
Leverage your social media presence by partnering with brands. By consistently posting engaging content like reels and carousels, you can attract sponsors willing to pay for promotion. The key is to reach out to companies and offer promotional packages. The Wayers, who post in the software niche, is a great example of this strategy in action.
4. Copywriting Services
Copywriting is a versatile side hustle that can be done remotely and anonymously. Beginners can start with retainers ranging from $500 to $5,000, eventually progressing to revenue share deals. This business can be tailored to your lifestyle, focusing on writing emails or the entire marketing funnel for various niches like e-commerce or software.
5. Create Educational YouTube Content
YouTube offers a platform to share knowledge on high-value topics and monetize through low and high-ticket products. Shane Hummus, who creates content on the best jobs, has grown his channel to earn $300,000 a month by offering coaching programs. The focus should be on solving painful problems and offering solutions through your products and services.
6. Content Creation with Email List Monetization
Creating content around a high-value topic and directing the audience to your email list can be incredibly rewarding. By sending valuable emails and videos, you build trust and can promote your paid products. A great example is Easlo, who monetizes his email list with Notion templates.
I go into much more detail about how to grow and monetize a newsletter business with digital products via Instagram, in the Digital Creator 2.0
These side hustle ideas offer various ways to generate income, build a brand, and achieve financial freedom. If you’re interested in learning more or have any questions, feel free to reach out!