The Increasing Need for Extra Income in Today’s Economic Climate

In recent years, the economic landscape of the United States has faced a series of tumultuous shifts. From the unpredictability brought on by political changes, including the election our new president, to the ongoing challenges of job security and inflation, Americans are navigating a complex financial environment. These factors underscore the growing necessity for individuals to seek additional sources of income beyond their traditional 9-to-5 jobs.

Economic Uncertainty and Job Insecurity

The reality is stark: economic instability has become a norm with fluctuating markets, rising living costs, and the looming threat of recession. These conditions have intensified the importance of financial resilience. Job security, once relatively dependable, now hangs in a delicate balance as industries adapt to new economic pressures and technological advancements.

The Case for Extra Income

The concept of relying solely on a full-time job for financial security is increasingly becoming outdated. Diversifying income sources can not only provide a financial cushion but also offer an opportunity to explore personal passions or professional interests that could be monetized. In times of economic downturn, having multiple income streams can mean the difference between financial stability and hardship.

Empowering Yourself Through Side Hustles

Recognizing the critical role of extra income, I am developing a side hustle course designed to equip you with the tools and knowledge to launch your own income-generating projects. Whether it’s freelance writing, online tutoring, or starting an e-commerce store, the potential to create sustainable secondary income sources has never been more accessible.

Join the Side Hustle Course Waitlist

In response to the increasing need for financial independence and security, I invite you to join the waitlist for my upcoming side hustle course. This course will provide you with step-by-step guidance on identifying viable side hustle opportunities, setting up your business, and scaling it for success. Join the waitlist here to start your journey towards financial empowerment.

The necessity for extra income in today’s economy is clear. With the right mindset and resources, you can build a more secure financial future, making yourself less dependent on the whims of the broader economy.

5 Tips for Scaling Your Side Hustle into a Successful Enterprise

A guest post by: Myrtle Bautista

With the gig economy booming and traditional employment models evolving, side hustles have become a lifeline for many individuals seeking financial security and professional fulfillment. From freelance writing and e-commerce ventures to consulting gigs and creative pursuits, there's no shortage of opportunities to turn your skills and passions into profitable ventures on the side.

But while starting a side hustle is relatively easy, scaling it into a thriving business requires a whole new level of dedication, strategy, and vision. As your side hustle gains traction and momentum, you'll inevitably face the question: "How can I take this to the next level? How do I turn my side gig into a full-blown thriving business?"

In this article, we'll explore the answers to these questions, diving deep into the art of scaling your side hustle into a flourishing enterprise while maintaining an impressive work-life balance. 

1. Define Your Vision

First things first, you need to have a crystal-clear vision of what you want your business to become. Defining your vision is not just about setting arbitrary goals. It's about crafting a compelling narrative that inspires you and your stakeholders. Consider conducting a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to gain a better understanding of your business's current position and future prospects. This analysis can help you identify areas of improvement and potential growth opportunities.

Furthermore, think about the impact you want your business to have beyond just financial success. Are you passionate about environmental sustainability? Social justice? Community empowerment? Integrating your values into your business model can help differentiate you from competitors and attract like-minded customers.

2. Build a Solid Foundation

Every successful business is built on a sturdy foundation. As you work on scaling your side hustle, it's crucial to lay down the groundwork for sustainable growth. Here are some essential steps:

• Legal and Financial Setup: Register your business, obtain the necessary licenses, and set up a separate bank account. Consider consulting with a lawyer or accountant to ensure compliance and financial stability.

• Branding and Identity: Develop a strong brand identity that resonates with your target audience. Allocate resources towards professional logo design, website development, and cohesive branding components.

• Systems and Processes: Optimize your operations by introducing streamlined systems and processes. This could include project management tools, invoicing software, and customer relationship management (CRM) systems.

Additionally, prioritize building a diverse and talented team that shares your vision and values. As you progress, connect with peers, mentors, and advisers who can provide direction and encouragement. Foster a culture of collaboration, creativity, and continuous learning to drive innovation and excellence within your organization.

If your side hustle operates as a remote business, finding the right coworking space becomes increasingly important for maintaining productivity and fostering connections. Even when traveling, you should seek out coworking spaces that offer networking opportunities, like spaces that host regular events, workshops, and networking sessions where you can connect with other remote professionals and exchange ideas.

3. Focus on Customer Satisfaction

Your customers are the lifeblood of your business. As you scale up, don’t lose sight of the importance of customer satisfaction. Here are some tips to keep your customers coming back for more:

• Personalized Service: Get to know your customers personally and tailor your offerings to meet their unique needs. Show genuine appreciation for their business and go the extra mile to exceed their expectations.

• Feedback Loop: Value customer feedback and apply it to enhance your products and services. Whether through surveys, reviews, or direct communication, listen attentively to what your customers have to say.

• Exceptional Support: Provide prompt and helpful customer support to address any issues or concerns. Invest in training your team members to deliver exceptional service and resolve problems effectively.

4. Embrace Innovation

Innovation is key to staying ahead of the curve, but it doesn’t happen in a vacuum. Create a culture of innovation by encouraging experimentation, collaboration, and risk-taking. Dedicate time and resources for research and development to explore new ideas and technologies. Here are some more ways you can foster innovation within your business:

• Stay Curious: Keep learning and exploring new growth opportunities. Attend industry conferences, read books and articles, and network with other entrepreneurs to gain fresh perspectives and insights.

• Experimentation: Take calculated risks and try out new strategies. Whether it's launching a new product line, entering a new market, or experimenting with digital marketing tactics, embrace the spirit of experimentation.

• Collaboration: Collaborate with like-minded individuals, businesses, or organizations to foster innovation and drive mutual success. By pooling resources and expertise, you can achieve more together than you could alone.

5. Cultivate a Growth Mindset

Cultivating a growth mindset is essential for navigating the inevitable challenges and setbacks that come with scaling a business. Join networking groups, attend industry events, and seek educational opportunities to expand your knowledge and skills. Instead of viewing failures as roadblocks, see them as opportunities for learning and growth. Celebrate your successes, but also be willing to pivot and adapt when things don't go as planned.

Final Word

Scaling your side hustle into a thriving business is no small feat. But with the right mindset, strategies, and dedication, it is entirely within your reach. By following the principles in this article and staying true to your passion, you'll be well on your way to transforming your side gig into the business of your dreams.

About the Author:

Myrtle is a journalism major, a social media marketer and is now exploring freelance writing. She's fond of anything related to health and wellness, and when she's not writing, you'll find her doing long-distance cycling, ultramarathons, hiking, or in a local cafe enjoying a good cold brew

11 Extra Income Streams For Young Professionals: Fresh Perspectives on Financial Freedom

As the financial landscape continues to evolve, the pursuit of extra income streams, or as it's popularly known, the "side hustle," has become more crucial than ever for young professionals navigating the challenges of student loan debt and escalating living costs. This is especially vital for gaining financial freedom, as additional income provides the means to invest, reduce debt, increase savings, and ultimately achieve financial independence.

While the term itself has gained notoriety over recent years, the concept of supplementing a 9 to 5 job with additional income has been a longstanding practice. As a young professional, I myself leverage my “free time,” nights and weekends to carve out supplementary incomes through real estate investing, blogging, my candle company, digital products and monetizing my influence on social media.

In today's dynamic economy, not all side hustles are created equal, and the array of options can be overwhelming. This post aims to provide a fresh take on this concept, presenting 11 diverse and contemporary “side hustles” or extra income streams that go beyond traditional norms.

1. Blogging

Blogging has transcended from a hobby to a proven online business model, offering a flexible avenue for young professionals to build passive income, expand networks, and explore numerous opportunities. While the journey may demand commitment and consistency, the potential for substantial rewards awaits those willing to offer value and cultivate an engaged audience. I have documented my blogging journey since it’s inception. What began as a way to document my experiences and offer information, inspiration and advice to my readers has become a lucrative income stream for me. A few months ago I was interviewed by LinkedIn to talk about the process, you can find that interview here.

2. Advertising & Affiliate Marketing: Monetizing Your Influence

Affiliate marketing remains a lucrative industry where income is generated through commission-based promotion of products. Young professionals can leverage their social media presence to become brand ambassadors, opening doors for sponsored posts, takeovers, or product sales.

3. Become a Brand Ambassador: Turning Passion into Profit

Social media platforms, particularly Instagram, offer a unique space for young professionals to become influencers and brand ambassadors. Aligning with products or brands that resonate personally ensures authentic endorsements, fostering trust and potential monetization.

4. Freelance Writing/Services: Flexing Creative Muscles for Income

For those with creative skills, freelancing presents ample opportunities, ranging from web development to graphic design, writing, or editing. Utilize platforms like Upwork, Freelancer, or Fiverr to advertise your services and cater to a broad market.

5. Start a Podcast: The Rising Trend in Passive Income

Podcasting has emerged as a powerful medium for passive income. Young professionals can explore avenues like sponsorships, advertising, affiliate marketing, coaching, and public speaking events to monetize their podcasts.

6. Write an Ebook: Transforming Expertise into Revenue

Writing an ebook offers an accessible route for young professionals to share expertise and passions. With minimal upfront costs, ebooks can be sold online, providing an additional stream of income.

7. Locum Tenens: Flexible Options for Medical/Dental Professionals

Medical professionals, like dentists, can embrace locum tenens positions, offering services on off days or weekends in other practices. This flexible approach allows professionals to control the extent of their involvement and supplement their income.

8. Invest In Real Estate: Navigating Lucrative Yet Risky Waters

Real estate investment provides an opportunity to diversify income streams. Whether through property flipping, rentals, or fractional ownership via crowdfunding, young professionals can explore real estate ventures with careful research and professional consultation.

9. Rent Space In Your Home or on Airbnb: Maximizing Your Living Space

Leveraging spare bedrooms or vacant homes on platforms like Airbnb can turn unused spaces into lucrative income streams. Young professionals can maximize their living arrangements, transforming underutilized areas into profitable assets.

10. Create a Product and Sell Online: Monetizing Creativity

Creativity can be monetized by creating and selling products online. Whether through personal websites, e-commerce platforms like Shopify, or marketplaces like Etsy, young professionals can turn hobbies into profitable side hustles.

11. Create a Mobile App: Tapping into the Digital Economy

For those with coding skills or innovative ideas, developing a mobile app can open new income streams. With the potential for widespread usage, successful apps can generate substantial passive income.

Your side hustle is not just a means of making extra money; it has the potential to replace your 9 to 5 income. It can also help you develop new skills, build your personal brand or portfolio, and most importantly, contribute significantly to your journey towards financial freedom. More income translates to more opportunities for investment, accelerated debt repayment, robust savings, and the ultimate goal of financial independence. Take the risk by starting the business or pursuing that new hobby you’ve been curious about. A side hustle is your best opportunity to live life on your own terms. And with more money in your pocket, there’s nothing stopping you from making your dreams come true, all while securing a pathway to financial freedom and independence.

Side Hustle: 5 Ways to Increase Your Skillset with Skillshare

Personal development is an important topic to me and one of the ways I work on myself is making sure that I hone my existing skills and gain new ones. I love learning! Here’s the thing about diversifying your skills - you become an asset. You become an asset to your place of employment and also to yourself. When you know how to do many things your skills become transferrable which could mean an increase in salary. It could also mean a new way for you to make extra money on the side.

If you’re in that boat where you are looking to increase your skillset and make some extra money on the side then I am going to recommend to you Skillshare. Skillshare is a great platform for both learning new skills and teaching them to others. With a membership, you can access thousands of courses, tutorials, and workshops to enhance your existing knowledge, while also having the opportunity to become an instructor and start earning money. In this blog post, we’ll discuss five different ways to increase your skillset with Skillshare, so you can start a successful side hustle.

1. Join Skillshare

   With a Skillshare membership, you join a growing community of millions of passionate learners and start acquiring skills you need to reach your goals. All you need to do to get started is create an account on the platform. It is subscription-based and offers classes from the world’s best instructors in topics ranging from design, marketing, photography, blogging and business. Each class includes short video lessons, projects and resources to help you build your skills and potentially unlock a new source of passive income.

   With my link you can get a Skillshare membership this month for 30% off it’s original price.

2. Take Classes

   Once you have signed up and become a member, you want to start taking classes. Find topics that you are interested in and just have fun with it. They have over 27,000 classes in their library, you can explore different topics and find what interests you. If you have a skill you already know, you can take courses to deepen your knowledge or even teach that skill yourself.

   You don’t even have to sign up for classes right away. Browse the library and save classes that look interesting to watch later. That way, you can get an idea of the types of classes available and decide which ones will be the most beneficial to your career.

   Taking classes on Skillshare should be fun. Don’t feel pressured to sign up for a course that doesn’t interest you just because it’s popular. It’s important to take the time to explore and find something that speaks to your passions. You will get the most out of the experience if you choose something that excites you. I am a skillshare member and it has helped me over the years to learn about various things related to blogging and social media. What I have learned on skillshare has been invaluable.

3. Teach a Class

   As you gain proficiency in new skills, you can take the next step to become an instructor on Skillshare and start teaching others. Teaching classes on Skillshare provides a great opportunity to earn passive income, while also giving you the chance to learn even more new skills. Plus, you’ll get the satisfaction of helping others acquire knowledge and become more proficient in areas they’re interested in.

   Setting up an account to become an instructor is easy and straightforward. You simply sign up as a teacher, and then create classes by uploading pre-recorded video lectures. You’ll also need to provide students with helpful resources and give them timely feedback.

   Once you’ve published your classes, Skillshare takes care of the promotion for you and shares your class with the millions of potential students on its platform. You can even choose to make your class free or premium so that you can earn money for your hard work.

4. Promote Your Classes

   Even though Skillshare will promote your classes for you, you may want to share your classes with people on different platforms for a wider reach. To share your classes directly on skillshare, just share your class link with fellow teachers and students in the comment section of a course or via direct messages. I encourage you to also share your classes directly on social media like Twitter, Facebook, Instagram and other platforms that may be relevant to your target audience.

   When creating content to promote your classes, make sure to highlight the topics covered in the course and emphasize the practical application of what students will learn. You can also create short videos and tutorials to show off your teaching style. Lastly, if you’re a part of any online communities or forums, you can share your classes there as well.

   Promoting your classes is one of the best ways to make more money from Skillshare. When you reach more people, you’ll have more potential students and more chances to earn money. With this strategy, you’ll be able to start making passive income in no time while also giving others the opportunity to learn new skills.

5. Earn Money

   By teaching your own classes on Skillshare, you can earn a passive income from your creative endeavors. After your classes have been published, Skillshare pays you for each student enrolled in them. The best part is that you don’t have to be constantly monitoring your classes since you get paid even after the course has finished. So why not give Skillshare a try and start earning money from your creative side hustle?

   If you would like to give Skillshare a try, sign up for a membership and use this link to get 30% off the original price.

How I Make Close to $25,000 from Blogging

Blogging has been a long time hobby of mine. I have been blogging since around 2008 and each of my blogs have always served as sort of a diary of my experiences, lessons learned and things picked up along the way. One great thing that has always come from it, is the help that it offers to people who read it - whether it is inspiration, a lesson from an experience of mine, a how-to guide, an industry contact or something more tangible. My inbox is filled with people thanking me for helping them in some way or another - this to me is quite fulfilling.

I do believe that if I were to give up working as an Orthodontist, one thing that would replace it is blogging. Many people do not know this or wouldn’t believe, but I am a true introvert. I am forced to have extroverted tendencies/personality because of the nature of my career and the way I have used my platforms (i.e social media), but my preferred method of communicating will always be in written form. Seriously, text me instead of calling.

What I hadn’t set out to do was actually make money from my blog. If this is something you have been wondering about I have written a few articles on how to start a blog and how to monetize the blog. I have also written articles on different kinds of side hustles - I have many ideas when it comes to this - and what I do know how to do is turn a hobby into a business. I have done this with my candle company, have helped numerous people get their side business off the ground and have written an e-book as a guide on how someone like you can do it too. I have written several articles on making money from a blog but I never went full throttle down that path myself. I simply welcomed a few opportunities that landed in my inbox with the added bonus of making an income from my monthly operations on this site.

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In 2022 I made roughly $25,000 from my blog. I consider the income from my blog as passive income. The income came from affiliate links throughout my articles and resources page, my digital products and a few sponsored posts.

One of my goals for 2023 is to increase my blog income by actively pursuing opportunities to make money with it. If I am being honest, I want to see what might happen if I actually try, and thinking long-term I want to see if I can turn this blog into a viable business. This way, I will not only gain another source of income but also (potentially) recession-proof my income. As an Orthodontist, my income is not recession-proof. If, God forbid, we should have another pandemic or the economy takes a nose dive, my current income would also be on that trajectory.

Here are my blog income sources for 2022:

• Affiliate Links - $9045.42

• Digital Products - $4800.50

• Sponsored Posts - $10,150.00

  $ 23,995.92

I am not including income from my candle company because it involves putting in extra time. I hand-pour and package each candle that is purchased and it does carry some overhead costs. However, running a candle business is another lucrative side hustle!

I will be sharing specific resources, articles and how-to guides in the member area, which is the paid portion of this site. You will get a chance to know everything I know. If you want to level up both personally and professionally, If you’re considering starting a side hustle/business I invite you subscribe to The Climb - my paid members only area. Here’s what you get:

• Unlimited free access to all e-books, planners and other digital products

• Member only blog posts with exclusive resources not available to the public

• Access to member exclusive discounts from trusted brands

• Guidance with starting a side hustle or passive income stream

• As a gift, one free UnOrthoDoc Candle per year (for yearly members)

• Monthly
• Yearly

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You already read The Climb letters. Now take the next step. This members-only space is for those ready to move beyond inspiration to practice intentional growth in real life.

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Starting a Successful Blog: My Feature in LinkedIn News

Recently I was chosen and interviewed as an expert by LinkedIn News for an article they were working on for tips on starting a successful blog. This was such an honor because while I think of myself as an expert in the field of Orthodontics, I hadn’t quite given myself that title when it came to blogging, until now.

If you ever had the thought of starting a blog but it felt daunting, this article will shed some light on how doable it is. Anyone can start a blog, but a successful one takes a lot of time and effort. Here is an excerpt from the article.

Creating a blog can be the beginning of building your brand or a way to attract a larger audience to your business and expand it. You can also monetize your blog, providing an additional stream of income for your business or yourself. 

But it is important to remember that building a successful blog takes time and effort. This is why, before building a blog, you should choose a topic you enjoy with room to grow.

Identifying your niche is critical, orthodontist and The UnOrthoDoc blogger Dr. Patrice Smith said.

“It has to be something that you have a little bit of expertise in,” Smith said. “It has to be something you are interested in, otherwise you are not going to blog consistently. Once you figure all that out, narrow down your niche and then narrow it down some more, because there are a million blogs out there. 

“Once you figure that out, write your first 10 blog posts. You can put them in word documents. and then as soon as you have your blog set up, publish all 10 so that it looks like your blog is established. 

“You don't want to drive traffic to your blog with just one or two blog posts. You want to take readers on the journey.” 

I chatted with Charles and Dr. Smith for more about how to start a successful blog.

How to Start Building Your Blog 

Choose a template, blogging platform, and hosting site for your blog after you decide on your niche.

“There are many platforms out there,” Smith said. “I use Squarespace, but one of the most popular ones is WordPress and there are other sites like WiX, Weebly, and some even blog on Medium.”

Select a hosting site after you select your blogging platform. Hosting costs generally range from $5-$25 a month, according to “Age of Influence” author Neil Schaffer.

“Some platforms already come with a hosting platform built-in,” Dr. Smith said. “I know WIX does not, but Squarespace does. For some WordPress users, some popular options include Bluehost or GoDaddy or DreamHost, but for Squarespace, mine was built-in. That is another reason why I chose Squarespace.”

Meanwhile, Charles first launched her blog with a template she found on WIX. Once her business grew, she upgraded, worked with a website designer, and they moved her blog to Squarespace.

“Start off with [a platform] that is relatable and you feel comfortable with, but then as your business grows, it is OK to invest in yourself and tap into somebody who specializes in that work,” Charles said. “I don't think the investment needs to come immediately because the problem is if [you invest] immediately there will be pressure to work to pay off your investment. 

“You don't know if people are going to be as interested in your material as you think it is because micro-blogging, i.e. Instagram is free.”

Also, consider aesthetics when choosing your blog template.

“Aesthetic is an important factor,” Charles said. “People want to click and look at what they enjoy versus if it is ugly, why would they spend their time there? I don't think you have to have the most beautiful [blog], but I think you have to give some effort.”

Keep SEO (Search Engine Optimization) in mind, too, as you build your blog. If you don’t know much about SEO, consider taking a LinkedIn Learning course, watching YouTube expert videos or searching online for the info. 

“I Googled everything pertaining to SEO even down to the title of your blog post that could be optimized to reach your target audience,” Smith said. “You can utilize keywords. So, you want to do a lot of research before you choose a blog topic because it has to be something that will be picked up by keywords. 

“For example, if somebody Googles ‘How to start a blog’ you want to have those keywords in your title. Somebody might Google how to start a blog in 2023, and if your blog title isn’t optimized for that search, then you are not going to be the one that is reached.”

Top Takeaways on How to Start a Successful Blog:

• Choose a niche you are passionate about.

• Select a blogging platform and hosting site that is easy to use and inexpensive.

• Incorporate SEO into your blog posts and use social media platforms to build your audience.

• Monetize your blog with affiliate links, digital products, and ads.

Start Making Money Online Full-Time or Part-Time in 4 Actionable Steps

This is a guest post by Marjorie Jones

The search for new and flexible ways to make a living begins differently for everyone. Perhaps you are out of work, looking to make some money on the side, or simply feel the need for a career change. The modern work climate empowers people from any background to work remotely online in almost any field of choice. Once you know the online money-making options available to you, you will be ready to start the next chapter of your professional life.

1. Evaluate Your Skills and Passions

There are many ways to make money online. Choosing the right path is a matter of assessing your skills and following your unique passions. You will have an easier time committing and succeeding in your new profession if it is relevant to your interests. You might even decide to start an online degree program to foster additional skills that make you more marketable to employers and clients. Some potential online jobs you might pursue can include:

•       E-commerce specialist

•       Web designer

•       Social media manager

•       Freelancer

•       Photographer

•       Virtual assistant

2. Know Where to Find Work

There are potentially millions of work-from-home jobs available online. The biggest roadblock between you and them is knowing where to look. Accepting jobs from prominent online job boards is a great way to get started and earn some experience in your new field of work. Platforms like FlexJobs and Freelancer have many listings, but it's best to cast a wide net across multiple platforms to increase your odds of landing a great gig. Make sure to only use trustworthy websites that verify the legitimacy of job postings before displaying them to users like you.

 3. Start Your Own Business

After finding some initial success with your online work, it may be time to think about establishing a formal business. Even if you are running a relatively small side hustle, registering under an official business structure can benefit you greatly. For example, forming an LLC can grant you tax advantages and limited liability. Your future clients might also take you more seriously if you operate as a legally registered business. Keep in mind that states have different rules regarding the formation of an LLC, but you can use a reputable formation service to ensure you meet compliance.

4. Grow Your Social Media Marketing Efforts

The long-term growth and success of your emerging business depends upon your ability to market your services to as wide an audience as possible. Business experts explain that social media plays a key role in raising brand awareness and customer satisfaction for enterprises of all sizes. You can also use an ad maker tool to spread the word about your business with an easily-customizable Facebook ad template. After making the perfect ad with your company logo and a wide assortment of colors and fonts, you can instantly download it for personal use.

 Remember that social media is not the only aspect of your web presence that contributes to marketing. Starting a blog to work in tandem with your social media is a strong method for driving traffic on two fronts.

Starting a remote work career can be liberating in so many ways. It's a trajectory that can even lead you into the fulfilling role of an entrepreneur. By using online job boards, social media marketing, and other modern career techniques, you can find success in a full-time job or a part-time side hustle.

Visit UnOrthoDoc Candle Co. for hand-crafted and hand-poured candles made from organic wax!

About The Author

Marjorie Jones created Working Class Wow because she knows you don’t need a big budget to make your business look like a million bucks! From a well-designed logo and a carefully-crafted website to grammatically-correct copy and professionally-printed marketing materials, it is entirely possible (and surprisingly affordable) to bring a little “Working Class WOW” to your small business to build your brand, improve relationships with customers, and benefit the bottom line. WorkingClassWow.com can show you how.

Over $10K Blog Income for June 2022

This month I am on track to make over $10K from blogging. That is, money coming in to do exactly what I would normally do - publish one blog post per month.

When I started this blog I was pretty inconsistent with my posting schedule. When I realized it was directly affecting my SEO (the way it showed up in internet searches) that’s when I decided to put some strategy in and start posting more consistently. For the greater part of 2 years I posted once per week consistently. That greatly improved my ranking in google searches and thus the blog’s visibility. This also strengthened brand’s trust in me. Because of this combination, my blog has been making steady residual income.

I don’t do blog income transparency posts often but when I do, it is to show that blogging can be a lucrative side hustle if that’s what you desire. I did a similar post last summer where my blogging income over 8 months was $12,201.67. Roughly a year later and that 8 month income is close to the monthly income. This is the power of consistency. If this income remains consistent, that will be over $120K/year - a 6 figure income from blogging alone!

I have said this before but it is worth mentioning again, blogging didn’t start out being a money making venture for me (still isn’t the aim) but has been a welcomed side effect of doing what I love to do. When you love something, I mean love it, you don’t see it as work.

It’s why I can get up at 6am work until 8:30am, go to my 9–5 and then work from 6–10pm (if I want to). It’s joyful and I love to do it. Here are some of the benefits of a side hustle you love:

• It’s free therapy

• It gives you clarity

• It builds your confidence

• It gets you motivated

None of those things are about money, the money is a bonus.

If you create something you love regardless of the money, the money feels like you’ve won the lottery.

This month alone (June) my blog is on track to make roughly $10,180.05

My blog makes passive income with affiliate links and sponsored posts. This month alone (June) my blog is on track to make roughly $10,180.05 (this does not include income from my candle company). There are no overhead costs (besides the annual cost to keep the site up and running) and I don’t have to do anything differently. For me, blogging is a good side hustle.

Here is the breakdown:

1. Sponsored posts $6,000.00 - a sponsored post is an article you write on behalf of a company that would like to get in front of your audience. The key for me where this is concerned is to only agree to write such articles when it is a product or service that I have personally used or can get behind.

2. Affiliate links $4,180.05 - On the resources page of this blog I have products and services listed that I have used myself and even carry in my practice. I like giving my patients options especially when it come to oral care products and I extend the same to my readers. When I promote a company’s products as an affiliate I earn a small commission for the referral.

I am not including income from my candle company because it involves putting in extra time. I hand-pour and package each candle that is purchased and it does carry some overhead costs. However, running a candle business is another lucrative side hustle!

Invest in a side hustle.

It’s a way to have a job and do the work you really want to on the side with zero risk. Once the side hustle starts to become a bigger part of your income, you can slowly transition from a job to work you love, if that’s what you want.

I invested a lot of time before and after work to make it happen. I can now say it’s one of the best investments I’ve ever made.

Do this:

Work on a side hustle between 6-10pm. Commit for at least a year. Invest time into learning about online income streams. Experiment until you find your sweet spot.

Here are some Side Hustle blog posts and a Side Hustle Guide to get you inspired. Want to take things a step further? Purchase my e-book: From idea To Profit.

How To Launch Your Side Business Successfully In As Little As 14 Days

No one gets wealthy from having a job. Read that again!!!

Having a job is great, you receive a paycheck in exchange for time spent completing tasks related to your work. That paycheck affords you the lifestyle you live, you pay your bills, go out to dinner or brunch with friends and you may even be able to squeeze in a vacation with the 2 weeks paid time off you negotiated in your contract. It's the American Dream!

But, that American dream is flawed. With your job, you're exchanging your most valuable asset - your time. Meanwhile, your boss has time to spend with his/her family, take 4-6 vacations per year (maybe more), owns homes in Miami and Fiji (which he flies to in First Class or on his private jet) and host dinner parties on his/her yacht.

There's absolutely nothing wrong with having a job. Some people genuinely love what they do, where they work and the people they work with. But, what if you had more time to spend on the things that you are truly passionate about?

I've always had an entrepreneurial mindset. Both my parents were business owners and growing up I never saw them work for anyone. They were always their own boss. I remember distinctly how my dad lectured me on the dangers of mediocrity and somehow my 10 year old self formulated the conclusion that if you worked for someone you were mediocre. That may not be what he meant, but that's the conclusion  I reached at the time. 

My dad has always been a self employed businessman that wears many hats. He is an engineer by trade, a lawyer, he owns businesses in a myriad of industries and has time to be involved in politics. It seemed to me that he did whatever he pleased at whatever time he felt like doing it . He employed competent individuals who managed the daily activities of the businesses and allowed himself the freedom to spend most of his days as he saw fit. He is a very shrewd man but I could never figure out how he made money but never went to work at a scheduled time. As a kid  I decided, perhaps subconsciously that this too would be my life - wearing multiple hats and being financially independent to live the life I pleased.

As a dental student I loved scented candles and always had a passion for creating things by hand so I decided to merge the two. I started making candles in my kitchen as a way to relax and be creative and I've kept this passion alive till this day. Over the years it has transformed into a steady income earning business. My vision for the company has always been to become a staple in dental offices throughout the U.S (and the world) as well as homes, boutiques, yoga studios, restaurants, etc.

The candle company, my blog and other passive income streams remain my 6-10 (what I focus on when I'm not in my private practice being an Orthodontist and creating smiles between 9-5). However, during the pandemic in early 2020 when we were forced to quarantine I put my full focus into the candle business and was able to grow it over 300% in three short months. During this time I put 100% focus on my side businesses and they flourished! Now, I want to help you do the same.

Mindset Mastery

A lot of people have genius ideas that never get off the ground because they get stuck on turning those concepts into reality. Starting any kind of business is challenging! Despite those challenges, a well thought out idea can become a full time career (if that’s what you want).

Did you know it could take as little as 4 days to slingshot an idea into reality? I am speaking from experience. It involves a little mindset mastery, planning and execution.

Let’s face it, in life your mindset will make or break you. Business is no different. The truth is there is no better time than now to start that side hustle you’ve been thinking of. The Internet has created an environment where anyone can become successful once they have a great idea, fill a void or solve a problem.  Those ideas are not serving a purpose in your head or in your notebook. They are worth nothing unless acted upon. This is the first step to starting your side hustle journey.

Mindset Master 1 - Believe in yourself and your business

Mindset Master 2 - Cultivate a mindset of abundance

Mindset Master 3 - Form Profitable Habits

Mindset Mastery 4 - Think 2-3 steps ahead

In my e-book: From Idea to Profit, I go over each mindset mastery step and get into the nitty gritty of launching your business. It includes 7 fundamentals steps every person has to go through to get their business going, in addition to all the steps necessary to get your business set up and fully running. The great part, all of this can be accomplished in as little as 2 weeks!

from idea to profit e-book

$12.99

You have absolutely nothing to lose! For the cost of two cups of coffee you can get all the steps to get a profitable side business up and fully running that will continue to make you money for years to come. Not only that, but you also receive not one, not two but three free bonuses inside!

How My Blog Made $12,201.67 in 8 Months

I speak quite frequently here on the topic of Side Hustles. This is probably one of the reasons you were lead to my blog in the first place. When I talk about different ways you can generate additional income, I almost always mention blogging. So, in the spirit of transparency I am sharing my year-to-date blogging income (that is, January-August, 2021).

I must preface by saying that when I started this blog my intention was never to make money from it. The goal has always been to educate and inspire young professionals to lead a balanced, purpose filled “UnOrthoDoc” lifestyle while on the path to personal, professional and financial development. As it turns out, while trying to do just and providing my audience with services and products that will help make life easier/better a positive side effect was that I indirectly pulled in some cash.

From January-August 2021, my blog has generated a total of $12,201.67

Here is the breakdown:

1. Sponsored posts $3,700.00 - a sponsored post is an article you write on behalf of a company that would like to get in front of your audience. The key for me where this is concerned is to only agree to write such articles when it is a product or service that I have personally used or can get behind. One such article has been this one for the company molekule. I personally use the molekule air purifier in my practice, love it and can get behind it.

2. Affiliate links $3,399.38 - On the resources page of this blog I have products and services listed that I have used myself and even carry in my practice. I like giving my patients options especially when it come to oral care products and I extend the same to my readers. When I promote a company’s products as an affiliate I earn a small commission for the referral.

3. Products $5,102.29 - A large percentage of this number comes from sales from my candle company. I love scented candles and started making them for myself, family and friends back when I was in dental school. Eventually as interest grew I turned it into a business. UnOrthoDoc Candle Company started as a hobby that over time became a side hustle for me. A much smaller percentage of this number comes from the sales of digital products.

I have shared this to show that it is indeed possible to generate money from your blog. Even though I have had to do some work in generating this money, I consider some of this income passive since I don’t actively seek out sponsored posts and I get the benefit of a small commission from products I recommend because my readers get the benefit of purchasing said products at a discounted rate.

Blogging however is not easy and it’s certainly not for everyone. It requires you to work for free for a long time while you build up your audience. I have been writing o this blog since 2017 and was only able to start generating income from it in 2020 (excpet for the candle company).

Read This If You’re Thinking About Starting a Small Business

[This is a guest post from Alyssa Strickland of millennial-parents.com]

So, you have an entrepreneurial spirit and aren’t exactly sure what to do with it. You know that you want to start a business, but what kind will you start? And what exactly does it take to get a company off the ground that succeeds long term?

The UnOrthoDoc has some information to help you start your entrepreneurial journey strong. Here’s an overview of some of the simplest small businesses you can launch as well as some tips for the early stages:

 Explore the Options

These days, there really is no limit to the types of businesses you can start, whether you want to work from home or at a designated location. Evaluate your interests and expertise, and research all the ideas that could bring you fulfillment and success. Here are a few of the easiest small businesses to get off the ground:

●      Virtual assistance

●      Social media management

●      Web development or design

●      Handyman services

●      Landscaping

●      Woodworking

●      Personal training

●      Videography

●      Property management

●      Massage therapy

●      Consultant

Handle the Legal Matters

 Once you’ve determined what type of business you will start, it’s time to begin preparing for the legal side of things. For example, you’ll need to create a unique and catchy business name and register it with the state. And you’ll need to choose a business structure that fits the needs of your company, whether that means an LLC, sole proprietorship, corporation, or partnership.

Use Tech Tools

 There are so many technologies on the market today specifically designed to help small businesses succeed. The earlier you start researching these tools, the better able you’ll be to decide which ones will help you achieve your goals.

 For example, you’ll need an effective payroll system when you start hiring staff. Don’t make the mistake that many other companies make of mismanaging payroll. This can lead to a variety of financial and legal problems.

 Learn the ins and outs of processing payroll, and implement software that simplifies tasks like paying your employees, tracking time, and reporting your taxes. And as you put your payroll system in place, be sure to factor in federal and local labor laws as well as state overtime laws.

 Furthermore, research all the other tools available that can help you successfully launch and grow your company. Many small business owners benefit from using software and apps for project management, collaboration, marketing, and human resources.

Constantly Improve Your Plan

 You will have to take a lot of different steps when starting and managing your business. Embrace the mindset that you can always improve.

 For instance, you’ll need to conduct market research to ensure that your business idea is viable, and you’ll need to continue doing research so that you can make informed decisions as your business grows. Also, prepare to create a thorough business plan before launching your business; this business plan will need to be modified over time as your goals and circumstances change.

 Your business plan not only will help guide you through challenges on your journey but will also help you secure the funding you need to achieve your goals. As such, you should always keep re-strategizing as needed.

Stay Connected

 =Lastly, networking is crucial for any type of business. Look for networking events in your area as well as in different states. Attend virtual industry conferences. Join your local chamber of commerce, and always look for opportunities to meet other business owners and professionals in your community. Building a strong network of support will prove invaluable through the ups and downs of entrepreneurship.

 If you have a passion to be a business owner, take the time to determine what type of company you could thrive in the most. Then, plan and prepare diligently to lay a solid foundation upon which you can build your company. In no time, you could be leading a more fulfilling life while also fostering your career and financial health!

If you found this article helpful, you can read loads of other content on theunorthodoc.com!

A Step-by-Step Guide To Establishing a Gig-Based Business

[This is a guest post by Courtney Rosenfeld]

The gig economy is booming. From for-hire drivers to freelance ghostwriters, you can find people working all kinds of odd jobs all over the world. According to Brodmin, the global gig economy is expected to grow to $455 billion by 2023. Want a piece of the pie? Establishing a successful gig-based business can give you extra money and greater financial stability. The UnOrthoDoc invites you to learn how to establish your own gig-based business.

Choose a fitting business based on your skills, knowledge, and resources.

 Keep your overhead costs low when you're starting your new business by utilizing existing resources, skills, and knowledge. Career Addict provides a list of gig-based jobs that can inspire you as you choose a fitting option. Possibilities include food delivery, pet sitting, personal shopping, virtual assistance, and more.

 You can also scope out online platforms where gig-style jobs are advertised to get a sense of what skills are currently in demand. Small Biz Trends has a guide to gig platforms catering to diverse niches. Examples range from Uber and Lyft for driving to Airbnb for renting accommodation and ToolLocker for renting out equipment.

 So what option is right for you? It depends on what resources you have at your disposal. If you own a car, enjoy driving, and love meeting people from all walks of life, Uber or Lyft can be a great pick. Alternatively, if you prefer a more active job that allows you to get outdoors, you might like something like dog walking.

 You could also decide to go back to school to learn the ins and outs of business. Fortunately, you don’t need to drastically change your schedule to accommodate a course load; you could always further your education through an online school, one that offers bachelor’s and master’s programs designed to help you excel at your new venture.

Establish your brand and create a website.

 Once you have a business idea in mind, transform it into a brand. Hubspot explains that a brand is basically the "face" of your business — the main way for people to recognize it. A strong brand like Coca-Cola can be identified by people around the world. From your logo to color palette to slogan, many components make up a brand.

 With an idea of how you want to present your brand to the world, go ahead and create a website. According to Forbes, every business needs a website. A great website can help attract clients and boost return on investment (ROI). Don't stress: It's not too complicated to make a website with today's modern technologies.

WordPress is one option. This free website platform allows for custom coding, so you can create a site that reflects your unique brand. If you aren't a web pro yourself, you can find WordPress development experts on work-for-hire platforms like Upwork. Browse profiles based on criteria that matter to you, from price to delivery time.

Get creative with your marketing tactics.

 Your website is technically a marketing tool. It introduces people to your gig-based business and encourages them to buy your products or services. You can promote your website using digital tactics like pay-per-click advertising and social media. However, there are many other creative ways to raise your startup's profile. Get creative with your marketing ideas.

 WordStream offers a list of more than 60 marketing concepts to jumpstart your brainstorming. For example, you can try old-school urban marketing tactics and pass out flyers on the streets or create sidewalk ads with chalk writing. You can also run fun competitions like photo contests.

 Collaborating with other creatives can help you find more ways to enhance your brand's success. For example, a do-it-yourself photo shoot with a local model can help show off your products or services.

 The gig economy offers many chances to increase your earnings. The key to success is finding a business model that fits your skillset. Follow the above steps to help pave the path toward successful entrepreneurship.

Find Time for Self-Care While Balancing a Side Gig with This Guide

Finding time for ourselves is crucial these days, but it can be a challenge to do so when you have a lot on your plate. Those who are running a business and/or starting a side gig often feel pressure to hustle day and night, leaving little room for personal care. There are a few simple ways to work it in, however, if you get creative. You can always take some cues from The UnorthoDoc, a blog by Dr. Patrice Smith that helps professional individuals find balance in their lives. It also helps to think of ways to save time — and energy — so you can focus on the big picture and take a few minutes for yourself. Here are some ideas to help you get started.

 Give yourself peace of mind

 Sometimes self-care is as much about your mental and emotional health as it is physical, and when you’re busy with professional tasks, it’s easy to forget the importance of protecting yourself from legal ramifications. Starting an LLC, or Limited Liability Company, is a great way to ensure that your personal assets are covered no matter what happens within your business, and it also offers tax benefits and allows you to run things your way. The regulations and formation steps vary from state to state, so read up on how to properly file for an LLC in your area. Keep in mind that you can save money by utilizing a formation service rather than an attorney.

Just breathe

Mental health, emotional health, physical health — it’s all connected. Side gigs come in many shapes and forms, but no matter how you choose to earn extra money, it’s easy to push yourself to the limit in order to make the most of every hour in the day. Slowing down and learning to relax in your current surroundings can help you banish stress or anxiety, so consider learning some breathing techniques such as those associated with yoga and meditation. If you can take five minutes out of your day to be mindful, you might be surprised at how much better you feel, especially when you’re being pulled in several directions.

Rest well

When you stay busy it can be difficult to get enough rest, but a lack of sleep can lead to problems with concentration, memory, and anxiety as well as a host of physical issues. Set limits for yourself when it comes to completing tasks, especially if you work from home; it’s often easy to put in unintentional overtime when you don’t punch a clock, so give yourself guidelines for answering emails and phone calls. Eliminate foods and drinks that can keep you awake, and set up your bedroom to maximize comfort by utilizing blackout curtains and soft bedding. 

 Make your workspace work

 Your bedroom isn’t the only place that could benefit from a makeover. Take a look at your office or workspace and make sure it works for your needs. If possible, make it a place that’s distraction-free and comfortable, and give yourself all the tools you require to create a smooth workday. This might be anything from a wireless printer to software that helps you stay on track, so think about which resources you’ll need to make the day as stress-free as possible.

For busy professionals, it can be difficult to strike a good balance between work and life responsibilities. Self-care can help you find those little moments that allow you to feel recharged and reinvigorated so you can focus on what comes next.

 [This is a guest post by Courtney Rosenfeld]

Have a question for The UnorthoDoc, or interested in a collaboration? Get in touch today.

How to Make Residual Income From Blogging

Some of you may not know this, but I have been blogging since 2008 and have had several blogs since. As an introvert, writing has always been my form of expression. My first several blogs ranged from inspirational and motivational pieces (perhaps because that’s what I needed for myself at the time) to chronicling my pre-dental and dental school experiences. It wasn’t until I was in dental school and approached by fellow students who expressed how my blog positively impacted their journey in applying to and getting accepted into dental school that I realized I was making an impact. That blog grew quite popular among pre-dental students and soon after different brands began reaching out to me for advertising space. At the time I knew nothing about calculating an advertising rate based on the analytics, metrics and reach of my platform. So I decided to charge each advertiser a flat monthly fee for the space and they gladly paid. Now I realize I was woefully undercharging.

The aim of any blog that I’ve started was never to make money from it but it sure is a plus since a lot of time and effort goes into planning and writing posts. Blogging has become very popular and quite a number of people have reached out to me asking questions on how to start a blog or how to monetize one. I’ll focus on ways to monetize a blog in this post.

One of the great things about a blogging side hustle is that there are endless possibilities. You can start a blog on any topic that you like. I’ve been blogging since 2008, and most of my blogs have fallen into areas that I consider hobbies. I will say this about blogging, don’t go into it with the sole purpose of making money. You will get bored of it and possibly find that it takes too much effort for the ROI. If you enjoy the topic that you’re writing about, blogging is a lot more fun and you’ll be more likely to stick with it.

There are a number of different ways you can go about making money from your blog:

1. Affiliate Income: You could promote products and offers as an affiliate and earn a commission for conversions. If you find a product or service that you like, you can link to it from your blog, and when people click and buy something from your link, you’ll get a small commission for referring them.

2. Create and sell your own product: This is a great way to monetize your blog, especially if your product fulfills a need or solves a problem. You can opt to sell physical or digital products so I decided to do both with my blog. The candle company has a special spot on the blog and is where most of the income for this platform is generated, followed by my “unorthodoc” apparel. I also produce digital products in the form of e-books, planners, and journals.

3. Publish sponsored content: Companies are interested in reaching your audience. Some companies will pay you to write product or service reviews. Be sure their brand is in line with your values because the content you write will be broadcasted to the masses. Others will provide content for you to place on your site at a cost so they can reach your audience. Be sure to thoroughly read and understand the content.

4. Sell a Course: As a blogger the more you know and can explain about a topic can make you an “expert”. If your blog is getting enough readers and visitors and they enjoy your content, they’re going to want more. Producing a course to give more detailed information is the way to go. The key is to provide helpful and insightful information to your audience beyond what you have written. There will be a segment of your followers who will happily buy the course you create.

5. Consulting: If you have a blog on a specific marketable topic/subject, you can offer yourself as a consultant for different businesses. Landing clients is the hardest part, but if the content on your blog is attracting the right people, it can be done.

Blogging presents a big upside, but to be honest it’s not for everyone. The potential to make good money and turn it into something bigger than a side hustle is there. However, the downside to blogging is that you’ll almost definitely need to put in a lot of work and effort before you start to make money. If you’re looking for a way to start making money right away, creating a blog is not your best option.

For great tips on how to start a blog, there are lots of resources on skillshare. I am a VIP member and I learn so much on a variety of topics. You can give it a try by signing up for a 7 day free trial, if you like it get 40% off your annual membership fee with this link.

How To Grow a Successful Side Hustle

The truth is, there’s no one secret to running a successful business. But, there are methods that have been proven time and time again to reap successful outcomes. These are the same methods I used to grow my Side Hustle into a successful business in a short amount of time and what helped me to triple my yearly profits during a pandemic. Here are some tips:

• Just Start - Doubt kills more dreams than failure ever will. By all means, go through the planning stages but you must execute. Don’t spend too much time lamenting on every little detail because in my experience, things usually work out along the way. Keep in mind also that everything doesn’t have to be perfect in the beginning. Get things out there and build momentum. Done is better than perfect.

• Starting doesn’t mean expensive - Starting a business doesn’t need to be expensive. You may feel as if you have to invest a lot to get off the ground but the reality of it is that you don’t. Depending on the type of business you are looking to start, the first things you will you need is a solid plan, a little creativity, your laptop, and a WiFi connection.

• Serving others is what matters - when running a successful business, regardless of what type it is the emphasis should be on how you are helping your ideal client/customer. The way you serve your clients and audience determines your success. Make sure that you know what they want and find a way to give it to them.

HERE IS HOW I GREW MY SIDE HUSTLE:

1. Identifying Ideal Clients & Customers - Who is your target audience or Ideal customer? Who does your product serve? Answer these questions and you will have won half the battle. I started out thinking my ideal customer was going to be the 18-34 year old female that loves all things social media and self care so in the very beginning stages I spent most of my resources marketing to them. However, they weren’t the ones purchasing my products. It turns out that my ideal customer is the 30-60 year old female who values relationships, a personal touch and great customer service - many of which are not on popular social media channels like Instagram but favor Facebook, email or text message and thus my marketing shifted.

2. Being Consistent & Staying Fresh - There are so many things vying for our attention these days that not showing up is simply not an option. If you’re not present, showing up and being consistent for your customers they will not remember you. As the popular saying goes, “Out of sight, Out of mind.” I used to think posting consistently on social media, sending emails and reaching out to people to update them on products and sales were annoying. But I have come to realize that it is crucial. I am not saying inundate people with your content, but set up a system whereby you consistently show up. Perhaps that looks like posting to your social channels three times per week or sending out a weekly newsletter or monthly emails. Either way, you want to ensure that you are consistent. You also want to keep things fresh and not push the same exact thing, in the same way over and over. For my candle company it meant periodically revamping our fragrances, adding accessories to our store, introducing seasonal fragrances ( a scent for every season or occasion), adding pops of color to our normally classic white candles and offering discounts and free items to show appreciation.

3. Blogging - By creating content around your side hustle you are able to attract clients or customers who may also be interested in the product or service you are offering. For example, I have a blog where I often times speak on having a side hustle. I also offer my readers a Side Hustle Guide that can be downloaded for free, which comes with Side Hustle Ideas and 5 weekly emails that help the reader go from point A to point B in their side hustle journey. Throughout these posts and guides I make reference to my own journey with my Candle Company. My readers have not only gained valuable information on how to start a side hustle but have also become customers.

4. Collaboration - It is amazing the results that you get when you collaborate. Many people believe a collab has to be with “influencers,” or a large company backed by a PR group. Nothing could be further from the truth. Are there people you follow on social media who’s content, personality, product or service you love? Reach out to them and just ask the question. Collaboration comes in many forms and It’s a lot easier than you think.

5. Customer Service is KEY - It goes without saying, be kind, courteous and swift to respond to customer inquiries. I spend a fair amount of time responding to customer questions and reviews. If there is a question about a particular product, accessory or how to care for their candles we respond promptly and/ or direct them to resources accordingly. Every now and then we get customer requests for special orders which we try to accommodate. Our customers are why we are here and we earnestly thank them for their purchases and support.

If you are looking to start your Side Hustle Journey, Grab The Side Hustle Guide Below.

When you sign up for the guide, you will receive:

• 10 page Side Hustle Guide

• Side Hustle ideas

• Side Hustle Workbook

• 5 weekly emails to Guide You

from idea to profit e-book

10 Side Hustle Ideas for Young Professionals

The ever increasing cost of living and educational tuition has given rise to hefty student loan debt for many new graduates. It is evident that we must become more financially aware and create more avenues to improve our financial stability. One term that has gained a lot of notoriety lately is the “side hustle”. Everyone seems to have one or are trying to figure out a way to get one. A side hustle is a way to produce extra income outside of your 9 to 5 job that will give you a bit of freedom to pursue your passions, purchase things you need or want, lower any financial worries or help you to become financially independent.

While the term may be new and trending, the concept of a “side hustle” has been around for a long time . I remember growing up and seeing my friends and family who had regular 9 to 5 jobs utilize their nights and weekends to make extra income. One worked at the local bank but baked cakes and catered out of her home on weekends, another operated an at home car wash on Saturdays. After graduating college I worked as a Chemistry Lab Tech and tutored Chemistry after hours and on weekends for $20 per hour. Truth be told it was with this “side hustle”income that enabled me to rent my first apartment in Washington DC, purchase furniture and have a small savings prior to starting dental school in 2010.

All side hustles aren’t created equal. There are some that will make you a little bit of money and others that can potentially produce enough to replace your 9 to 5 job . Either way, there are different types of side hustles that everyone can take advantage of. Here are some ideas:

1. Create a Blog

Blogging is a proven online business model and just might be the perfect side hustle. You can do it on your own time, build passive income streams, meet new people, build a network and ultimately unlock a lot of opportunity. There are a lot of individuals that are making a significant income from blogging. However, it does take time - you have to commit a certain percentage of your week to it. I like to call it my 6-10 (opposite of a 9 to 5). You also have to offer enormous amounts of value, be consistent, build an audience to begin the monetization process.

2. Advertising & Affiliate Marketing

Affiliate marketing is an extremely attractive industry. Income is produced through commission based marketing of another person’s or company’s products. Your followers represent a consumer market for the targeted brand. Many bloggers have been able to generate substantial revenue through affiliate marketing—and this trend doesn’t seem to be going away anytime soon.

3. Become an Brand Ambassador

A brand ambassador is a person who is hired by an organization or company to represent a brand in a positive light and by doing so help to increase brand awareness and sales. On social media, mainly Instagram, anyone can start a side hustle by becoming an influencer. You can build an Instagram following around anything such as your dog or even your photography. You can then monetize your Instagram account by doing sponsored posts, Instagram takeovers or selling products on your website. Tip: be sure that you believe in the product or brand that you’re advertising. For example, I’m a dentist and I really love Quip and Risewell products and regularly recommend them to my friends, family and patients - so I have no problem being their brand ambassador.

4. Freelance Writing/Services

If you’re looking for something relatively simple that can draw from your existing well of experience, you can’t go wrong with providing a service on a freelance basis. From web development to graphic design, writing or editing, there are countless opportunities for you to flex your creative muscles and earn a substantial side income. You can use sites like Upwork, Freelancer or Fivverr to advertise your services.

5. Start a Podcast

Podcasting is another great way to earn passive income and is becoming increasingly more popular. I personally listen to a lot of podcasts and I learn a lot from them all. Typically podcasts make money through sponsorship, advertising, affiliate marketing, coaching & consulting, public speaking events and many more.

6. Write an Ebook

You can write on an area of expertise or an area that you’re passionate about, turn it into an ebook and sell it. It costs nothing to produce but time. You can even go a step further and sell it as a paperback that earns you money only when it sells, removing much of the prior friction it took to get published.

7. Locum Tenens

For example, if you’re a dentist you can offer your services on off days or even on the weekends in someone else’s practice. Usually with a locum tenens position you can do as much or as little as you like. You can choose to do simple oral hygiene exams only or as much as a typical day at the office. Locum tenens positions usually do not require a contract and pays either a flat rate (per diem) or an hourly wage. I don’t know about you, but it doesn’t get much simpler than making an extra $600-$1000 per day checking behind the hygienist after they’ve done a prophylaxis treatment. I am sure there are avenues for other medical professionals.

8. Invest In Real Estate

You can purchase property, flip it and then sell it. You can purchase a home and use it as a rental. You can get into a commercial real estate venture as a fractional owner via crowdfunding. This allows you to put up a small percentage of the total cost and own a percentage of the property which entitles you to a equal percentage of the rental profits. Real Estate can be lucrative but remember nothing comes without risks. Do your research and consult a real estate professional for more information.

9. Rent Space In Your Home or on Airbnb

Airbnb has rapidly changed the game when it comes to options of where we stay when on vacation. More people than ever are choosing Airbnb for their hospitality needs instead of traditional hotels. If you have a spare bedroom in your home that your aren't using, instead of just using it as storage you can put a bed in it and a few other pieces of furniture and rent it out on Airbnb. If you don’t have a spare bedroom, you can consider renting your home when you go on vacation rather than having it sit empty. Additionally, you can purchase property and use them as Airbnb properties (another form of real estate investing).

10. Create a Product and Sell online

If you are creative and have developed a product, you can sell it on online and generate substantial income. If you have a website you can create a shopping page and sell the products there or sell via an e-commerce website such as Shopify or BigCommerce. Alternatively, you can sell crafts and hand-made items on Etsy. Download my FREE guide on how to turn your hobby into a lucrative side hustle.

Your side hustle can help you make some extra money each month and potentially replace your 9 to 5 income. It can also help you develop new skills, build your personal brand or portfolio and help you achieve more freedom. Take the risk by starting the business or pursuing that new hobby you’ve been curious about. A side hustle is your best opportunity to live life on your own terms. And with more money in your pocket, there’s nothing stopping you from making your dreams come true.

Some relevant podcasts that I listen to:

The Side Husle Show

Smart Passive Income

Side Hustle Pro

Side Hustle School

Some Side Hustle books I’ve read that I recommend:

from idea to profit e-book