Summary of The Best Side Hustles Ideas To Make $1000/month
Main Financial Strategies and Business Trends:
- Service-Based Side Hustles:
- Start with low-cost or no-cost services to build foundational skills.
- Examples include Video Editing, Graphic Design, writing, and coaching.
- Attention-Based Side Hustles:
- Leverage online attention to create income streams.
- Key examples include affiliate marketing, content curation, and content creation.
- Product-Based Side Hustles:
- Focus on digital products and eCommerce.
- Emphasizes the importance of branding and providing value to customers.
Step-by-Step Methodology:
- Level 1: Service-Based Side Hustles
- Identify services you can offer (e.g., Video Editing, Graphic Design).
- Focus on building skills and a portfolio.
- Create a professional online presence (website).
- Level 2: Attention-Based Side Hustles
- Understand the importance of capturing attention online.
- Engage in affiliate marketing by promoting products.
- Start content curation or creation by establishing a niche and building a community.
- Level 3: Product-Based Side Hustles
- Explore creating and selling digital products (e.g., eBooks, courses).
- Consider eCommerce, either through dropshipping or traditional inventory management.
- Build a brand that stands out in the marketplace.
Side Hustle Ideas Presented:
- Video Editing
- Graphic Design
- Writing (copywriting, online articles)
- Coaching (various niches)
- Affiliate Marketing
- Content Curation (social media pages)
- Content Creation (YouTube, TikTok)
- Digital Products (info products, templates)
- eCommerce (dropshipping vs. traditional)
Presenters/Sources:
- Mark Tilbury (presenter)
- Hostinger (sponsor for website building tools)
Notable Quotes
— 08:16 — « Attention is honestly one of the most valuable things to have as long as you can use it correctly. »
— 10:10 — « It's like when I tell you you can get a free stock worth up to £100 with a link in the description, you're interested in a free stock, why wouldn't you be? »
— 15:43 — « I like to press the flesh. »
Category
Business and Finance