Side hustles can be an excellent way to earn extra income and reduce debt, making a side gig even more helpful if your goal is debt reduction. Before embarking on any side gig, consider your motivations and whether it can become your full-time occupation in the future.
Social media platforms like social media have become an invaluable way of building an online presence and earning extra cash while doing what they love. Social media side hustles offer great ways to monetize a passion.
Streaming on Twitch
If you enjoy playing video games and have an engaging communication style with viewers, streaming on Twitch could be an excellent social media side hustle for you. While promotion may require significant time investment on all social platforms, if done well you could gain a substantial following and audience for future endeavors.
Twitch was founded in 2011 as a live-streaming service to foster communities around a common interest, such as gaming. Though popular among gamers, Twitch can also be used by music festivals, professional sports teams, and TV shows to broadcast their content livestreamed to them via Twitch.
Streamers can earn income via subscriptions, advertisements, affiliate deals and donations. Those with more than 100 subscribers regularly have the potential of making thousands per month in earnings.
Photography
Photography is an art that captures moments, creating works of art or documenting real-world events. Photography serves many uses in business and marketing such as social media marketing and advertising.
If photography is something that captivates your passion, and you want to turn your hobby into a side hustle, consider offering photography services through your own website, microstock photo sites or Etsy. By targeting a niche market segment and offering photography services tailored specifically to them, clients who appreciate your style and expertise may come your way.
Photographing requires technical and compositional knowledge that allows photos to look engaging and captivating, which you can learn via online courses or shadowing experienced photographers.
One way to make money from photography is offering editing services to other photographers. You could give advice on how they can improve their photos or sell presets specifically tailored for use with their equipment.
If you’re planning to launch a photography business, be sure to set realistic goals and divide them up into manageable steps. By setting more manageable targets than just reaching your ultimate objective quickly and increasing revenue.
Freelance Designing
Freelance designing can be an ideal way for budding freelancers looking to establish themselves while earning additional cash. Graphic designers typically take on projects such as logo design, business cards, flyers and other marketing collateral for various clients.
Freelance designers may select either fixed-rate or hourly rates depending on their skill set and preferences; it is wise to establish an initial minimum amount for any given project prior to beginning any work.
Building your portfolio of work is an integral step towards finding clients. Your portfolio should be well-organized and straightforward for prospective clients to navigate while also showcasing your expertise in your niche area.
Communication is of utmost importance when working with clients. Always speak clearly and professionally to avoid misinterpretations or missed deadlines, and use appropriate tools such as video calls or screen sharing software so both parties can observe one another’s work in real-time.
Social Media Management
Social media management requires strong written and verbal communication skills, which can help companies effectively convey their mission, offerings and brand voice to target audience members in a persuasive manner. Writing skills also allow your company to establish an identity that resonates with people while setting it apart from its competition.
Maintaining the rapidly shifting world of social media can be challenging even for experienced managers. From algorithm updates that cause posts to slip through the cracks to new platforms delivering better results, social media is ever evolving and moving fast.
Thanks to technology, there are tools and services that make managing marketing strategies simpler than ever. Apps and services streamline this process by making it easy to schedule posts, create content and analyze metrics – they’re an invaluable way to reinvigorate marketing efforts and bolster bottom lines!
