Munif Ali

Munif Ali Logo

7 Ways You Can Make Money On Side Hustles

Share this content :

how to make money on side hustles

Do you ever feel like the job you have, however much it pays, isn’t enough? Many people in the world want to earn more, even if they have regular jobs. In some cases, they might think of trying to advance their career with further studies or applying for a second job. However, these can take years to accomplish for a worthwhile payoff. Worse, without the right plan, a new degree or another job could be tiring, instead of helpful.

To solve this problem, you might turn to a third option: a side hustle! Many successful people have earned a lot of cash by having a second job on top of their current one. For example, high-profile movie actors and actresses might own businesses that sell cosmetics or food. Some celebrities and athletes handle their coffee shops or energy drinks. 

Of course, just having a side hustle won’t cut it. Like any investment, it takes proper planning and consideration to make it profitable. So, if you want to know how to make money on side hustles, here’s how you can start!

What is a side hustle?

First of all, let’s discuss what exactly a side hustle is. In simple terms, it’s a secondary kind of job that works the side of your main job. Unlike a regular 9-5, side hustles are more flexible and can be managed without risking your entire schedule.

There are many examples of side hustles that people enter, some of which you might have already done yourself. For example, imagine that you’re a doctor who also owns a convenience store that sells everyday products, like toilet paper or toothbrushes. While treating patients is your main source of income, the store acts as your secondary job. It allows you to make money without interfering with your medical shifts.

Now, you might say that a side hustle sounds like a part-time job. Many people assume that it’s the same thing, but a side hustle allows a lot more freedom. For a part-time job, you’d still be working under another boss or authority figure. Someone who works part-time at a pizzeria has to follow the chef’s rules, right? Well, that’s not the case with a side hustle; you’re given control over a business or another income stream. In other words, you’re the boss and the final decision always falls on you.

How can a side hustle help me?

Now that you know what a side hustle is, you might be wondering if it’s worth it. Why would anyone want another type of job, especially if their current one demands a lot? Here are a few reasons why people learn how to make money on side hustles.

It lets you explore and expand your skills.

Firstly, having a side hustle lets you try out new skills and develop more abilities. It’s like on-the-job training, only that you get to do it yourself. For example, people who run grocery stores or fruit stands can use their side hustle to learn about pricing, wholesale, and financing.

It teaches you to manage your time effectively.

Side hustles may be a passive means of income, but it doesn’t mean you simply earn money without trying. If you want to know how to make money on side hustles, you need to learn time management. That’s why many workers with secondary jobs learn about time blocking and prioritizing tasks. It’s how they manage their time and use it to make both career options thrive.

It helps you build a bigger network.

While your primary job can get you connected to the right people, a side hustle can help you expand your network. Dealing with other people doesn’t have to be exclusive to executives or CEOs. A side hustle can help you connect and learn from other successful side hustlers, like those who own farms or manage pet stores. The more you build your network, the faster you can understand how to make money on side hustles.

how to make money on side hustles areement

It allows you to develop your confidence and creativity.

Sometimes, even if you like your current job, you feel the need to explore your boundaries. You might have a passion project or a fun idea that you wish to grow. The problem is that you can’t do so in your current job. With a side hustle, you can do that without issue! 

For example, a teacher might want to learn about gardening, like growing seedlings and selling them on the market. That kind of focus might not be ideal for their day shift duties. However, once they learn how to make money on side hustles, they can use it to see their gardening ideas come to life.

It helps you earn more money.

Lastly, a side hustle can help you earn more money than you currently do. As a secondary job, it won’t force you to quit or leave your current job at all. However, it can help you bring in more profits and keep both occupations alive. In short, learning how to make money on side hustles can help you get more dough without costing you a living.

What kinds of side hustles can I do?

Thanks to the power of the internet and digital communication, there are plenty of ways to make a side hustle nowadays. Whether online or in the real world, you have so many options for what your passive job or secondary income can be. Here are some ways that people make money on side hustles and why they work so well.

Selling used and unused items

Are you someone who has a lot of unused or underappreciated stuff at home? You might take a closer look at your closet and find several different clothes that you don’t wear anymore. Thanks to online shopping, many people have sold their old or unused stuff online to earn some extra cash. Not only does this get you more money, but it also saves you the headache of having too much unnecessary stuff at home. 


Say that you used to be a football player or a writer in your high school or college days. You might have decided against pursuing a professional career or felt it was time to move on. Thankfully, because you had that experience, you carry with you a lot of knowledge and understanding in that field. That’s the kind of insight that people are willing to pay for. You can go online to coach, advise, and monitor those who are trying to learn the same things you used to do. Not only can you use that experience to help yourself get paid, but you can also use it to help them grow.

Renting out your home or other items

If you happen to be a homeowner, renting is one of the most lucrative ways to make money on side hustles. Many people are looking to rent out your garage, extension, or even rooms in your house. Of course, it’s not as simple as finding someone and letting them stay over. You need to see if renting is allowed in your state and what the guidelines might be. That way, once you start letting others rent your property, you won’t have to worry about legal problems or sanctions.

Now, if you don’t want to rent out your home, you can always find other means of renting things. For example, you might be more than willing to let others rent your car for whatever driving errands they have. You could also rent out items like bicycles and scooters for those looking to relax or enjoy a nice ride.

Blogging or vlogging

As technology has advanced, so have cameras and smartphones. That’s probably why there are more bloggers and vloggers today. These mediums allow you to share that same consulting mindset, speaking on and dissecting whatever expertise you have in life. You could host a blog about cooking homemade meals, writing short stories and poems, or making good choices on the stock market trade.

how to make money on side hustles video

What’s even more exciting is that you can use affiliate marketing to boost your income. Affiliate marketing is what influencers use to promote products, programs, and other options to their followers. For example, whatever kind of energy drink an NBA team uses, it’ll likely become a big deal to its fans. You can use that same strategy to make your blog more useful and gain more opportunities in advertising, marketing, and so on!

How can I start running an effective side hustle?

Now that you know why learning how to make money on side hustles is useful, you’ll probably want to start one for yourself. As I said before, it takes the right approach and preparation to make it work. Here’s how you can run an effective side hustle.

1. Prepare your time, patience, and effort.

Preparing for any endeavor is the first and most important part of the process. Getting into a side hustle isn’t as simple as posting a few articles online or making a series of videos. You have to know exactly how to make money on side hustles, whether that’s through building a business proposal or making a to-do list. Whatever you plan to do, you have to be ready to work hard for it, too. It may not be a second 9-5 job, but like any pet or plant, a side hustle needs care and attention to thrive. So, before you start, see how much time and patience you’re willing to put in to make it work.

2. Know what your side hustle focuses on.

Since there are so many ways for a side hustle to thrive, it means there are as many ways for you to market it. Like anything in business, a side hustle needs to have a specific focus and attitude to make it effective. Ask yourself what kind of focus you want for your secondary job. Make it easier by doing something that interests you, like a hobby or a passion project. For instance, you can start a blog about baking tips if you happen to enjoy baking or if you bake under special methods, like a vegan or gluten-free diet.

3. Look for key differences or themes in your plan.

Speaking of special methods, standing out in the crowd is the best way for a side hustle to thrive. Imagine a field of grass, and then a flower blooms in the center. No matter how good or healthy the grass is, people will always be looking at that flower. In the same manner, a side hustle needs some kind of special niche or theme that helps them stand out.

For example, there are so many blogs and YouTube channels about movie reviews. You’ll find so many different people giving their take or opinion on why a movie might be good or bad. However, the channels that stand out often have some kind of special trait or theme that makes them unique. One channel might use jokes to point out a movie’s flaws, while another might do scene-by-scene breakdowns to explain the plot and hidden jokes. In both cases, they sound a lot more interesting and exciting than a standard review.

4. Examine your budget and cash flow options.

To know how to make money on side hustles, you need to consider how your funds are being used. Budgeting will help you know if your side hustle is a brilliant plan or a fruitless venture. Ideally, you should plan out how much money you need to make that side hustle work. It doesn’t have to be complicated either! Some side hustles start with $10 or $50 as a budget, and they’ve since grown to earn ten times as much. 

how to make money on side hustles counting

To know how to make money on side hustles, you need to consider how your funds are being used. Budgeting will help you know if your side hustle is a brilliant plan or a fruitless venture. Ideally, you should plan out how much money you need to make that side hustle work. It doesn’t have to be complicated either! Some side hustles start with $10 or $50 as a budget, and they’ve since grown to earn ten times as much. 

Another issue to consider is the cash flow. How do you plan to earn money through your business? Do you look for influence and name value, which can attract advertisers to your side hustle? Or do you plan on the tried-and-true cash payments, either for your service or your advice? Either way, knowing how you make money is just as important as how you budget it.

5. Research your competitors and other successful businesses.

Lastly, don’t ever underestimate the power of research or your competitors. Many businesses thrive by learning what their competitors do and how they make their money. It’s what can help you learn more about marketing and building a better enterprise. If you want to know how to make money on side hustles, make sure you study what your competitors do.

For example, you might want to start a coffee shop in your local area. However, you don’t know much about marketing beyond your homemade blend and style. One way to improve your approach is by researching how other competitors like Starbucks make their income. Perhaps they rely on special promos or seasonal drinks. Maybe they offer exclusive deals, like a two-for-one sale for the first ten customers. Learning how they attract attention can help you form your plan and style of marketing your side hustle and turning a prospect into a money-making business.

Don’t wait for conditions to be perfect for getting started. Trust that you have everything that you need to get going on the task. You will discover any additional resources that you need once you get started.

Thank you for reading this article! If you found this helpful, please don’t hesitate to share it with your family and friends. For additional knowledge, you can get a FREE copy of my book, which you can download here. I will share practical tips and tricks for becoming a millennial millionaire!

Share this content :

Free Ebook Pop Up