Side hustle provides extra income on the side when you do something you’re passionate about or that leverages your existing skills and experiences.
2023 has started. If you are fed up with your job or if you are finding ways to build something part-time with a side hustle here are the 7 best side hustle ideas for 2023.
7 Best Side Hustle Ideas for 2023
#1 Virtual Assistant
In an era when businesses are going online, virtual assistants are in high demand. Virtual Assistant jobs can make you $10 to $30 per hour. You require various skills to perform the job of a virtual assistant. Different types of virtual assistant jobs are bookkeeping, customer services, email management, data entry, graphic design, website design, social media management, technical support, etc.
You can make use of Fiverr, Flexjobs, Freelancer, Upwork, or Zirtual to get starting-level jobs.
#2 Online Tutoring
For those with expertise in a particular subject, online tutoring can be a great side hustle. You can easily earn $15 to $22 per hour via online tutoring. You can start this on your own or make use of various online platforms.
Platforms like VIPKid and Chegg allow you to connect with students from all over the world and teach them remotely. In case you are starting on your own you can connect to your students via Zoom.
#3 Etsy Shop Online
Etsy offers you the facility to create your creative store online. Yes, If you are creative and love making handicrafts and creative art items this side hustle idea is for you.
Etsy offers the facility to sell everything from custom T-shirts to homemade soaps and jewelry. Everything is very easy with the click of a button. You can manage inventory, and set the price of a product. You can make money part-time easily on Etsy.
Dropshipping is the method to sell products of others without keeping inventory. Dropshipping can be done online as well as offline.
To set up dropshipping business online you have to establish your online platform or you can make use of Shopify online platform and connect with suppliers to fulfill your orders. You have to be very good at communication and deal closing to start this business.
#5 Monetize a Website
A website is not just a website. Website is a digital asset or virtual real estate today. You can either build a website from scratch or buy a website that already exists. This side hustle can help you to make money in multiple ways.
You can do affiliate marketing, display ads, product reviews, and sponsorship as well as sell digital products online. I know this side hustle works for sure from my personal experience.
#6 Build Youtube Channel
You can also earn more money if you like to talk on camera and don’t mind appearing on video through a YouTube channel. The interesting part about YouTube is that you can also repurpose your recorded video content into a podcast.
You need to be consistent in making videos on your channel. Once you reach 1000 subscribers and 4000 hours of watch time you can get the approval of the YouTube channel partner program.
#7 Online Surveys
There’s no doubt that paid surveys are one of the fastest ways to make money. During your free time, you can work on your phone and take surveys. The earnings in the case of an online survey would be less in the range of $1 to $10 per survey.
While each online survey platform does things differently, you can consider Survey Junkie, Swagbucks, or Inbox Dollars to do online surveys to make money online.
Do your own research and choose a side hustle that aligns with your interests, skills, and lifestyle. Each side hustle has its own requirements, costs, and challenges.
Additionally, make sure you have a plan to manage your time and balance your side hustle with your full-time job and personal life.