Almost everyone has a side hustle nowadays. Whether it's driving for Uber, teaching lessons, or making homemade lip balm, it's just too damn expensive to exist now for most people to get by on one salary (or even two!). And with the Internet and technology enabling everyone to reach out and do business with basically the entire world now, it's easier than ever to work outside of work. But there's a difference between making enough money to buy a couple extra pairs of pants and making enough to quit your "normal" job. Seems like a pretty key thing to know, so let's take a look at how to land yourself a high end side hustle!
Here are Five Fast Facts on high end side hustles:
- 😀 Common Sense - About 36% of Americans with full-time jobs also have a side business. Join the club, fellow side hustler!
- 🥜 Mostly Peanuts - Most side hustles don’t make much money - 41% earn $5k or less and 32% earn $20k or less- but a small group (about 7–8%) crush it and rake in upwards of $100k per year!
- 🤔 Starting Point - Successful side hustlers usually start by taking inventory of their skills and talents...ALL of them, no matter how insignificant they might be. Basically, what are your superpowers (and your everyday normal powers, too)? Lean into those, and figure out how you can get someone to pay you for doing them.
- 🧪 Experimenting Encouraged - Trying things out little by little is the way to go. It's low risk, lets you see what works and what you like before going all in, and it builds the confidence that is critical when you decide to launch for real. And lean into tools that make you more efficient or that work when you're not. Text dictation, AI, and online portals can multiply your efforts even when you’re not engaged, meaning you land more sales with less effort and time.
- 🐈 Copycats Welcome - It can be very helpful to study how other winners do things. There are a zillion side hustlers making scraps, but an elite few have figured out a way to go big. Learn how they did it, and you'll have a huge head start on doing it yourself.
🔥Bottom line: A side hustle is one thing, but creating a high end side hustle is a different beast. But if you start small and safe, you can experiment your way up until you find that one thing that you do like no one else. Doing specialized, high-paying work in the right niche - YOUR niche - may be just the thing to amp up your paycheck and give your wallet a major boost!
Got any ideas for a high paying side hustle?
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