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15 Best Side Hustles for Millennials

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Deanna Ritchie


As the cost of living continues to rise and the job market remains uncertain, more and more people are turning to side hustles to make ends meet. In fact, according to a recent survey, 42% of Gen Z and 39% of millennials have a side hustle.

While some side hustles are more traditional, such as babysitting or dog walking, others are unique to the digital age, such as selling items on Etsy or becoming a social media influencer. No matter what your interests or skills are, there’s likely a side hustle out there for you. That’s why we want to give you a few ideas.

To help you get started on your way to financial freedom, we’ve compiled a list of 15 side hustles for millennials. From ride-sharing and pet-sitting to dropshipping and podcasts, these side hustles offer a flexible way to make extra money while pursuing your passions.

So if you’re looking for a way to supplement your income, pay off student loan debt, or simply want to explore some new opportunities, here are some ideas of the 15 best side hustle ideas for millennials.

Become an affiliate

Affiliate marketing is a type of side hustle that can be very profitable. As an affiliate, you promote products and services on your website or blog. When someone clicks on one of your affiliate links and makes a purchase, you earn a commission. There are many reasons why becoming an affiliate is a good side hustle for millennials.

First, it is a relatively easy way to start making money online. You don’t need to create your products or services. You simply promote other people’s products and receive commissions for each sale you generate.

Second, there are a lot of potential customers online. This provides a large audience for you to promote products and services.

Third, you can be your own boss and work from anywhere in the world. As long as you have an internet connection, you can work as an affiliate. This makes it a great side hustle for millennial travelers.

Finally, affiliate marketing can be very profitable. The average affiliate earns $65,800 per year, according to Glassdoor.

What you need

  • A platform – Instagram, YouTube, or your own blog.
  • A niche – as long as you’re passionate about something, go for it. There’s a huge chance that it’s going to bring you profit. For example, Brand Rated is an affiliate site with a section for fashion reviews.
  • An affiliate program – good examples are Amazon and Clickbank.
  • Content – to convince your audience that the product you’re affiliated with is any good, you need proper content.
  • Traffic – if you have a blog, try SEO. Otherwise, keep on making great content, and the purchases will come.
  • Call to action – your posts need to have a way of converting the visitor. Buttons, tables, boxes, and contextual links are some of the most popular types of affiliate CTAs.

Start a dropshipping business

Dropshipping is a type of ecommerce business where you sell products without having to carry any inventory. When a customer places an order on your website, the supplier ships the product directly to the customer’s door.

Dropshipping is a convenient and low-risk way to start an online business, and it’s growing rapidly in popularity. The industry is projected to reach USD 557.9 billion by 2025, with a growth rate of 28.8%.

It is a great option for millennials because it doesn’t require a large investment. Similarly to affiliate marketing, you can operate the business from anywhere in the world, and it’s easy to get started. You can pretty much earn a few bucks in your free time.

Such businesses make between $1000-$50,000 per month. A very lucrative side hustle if done right.

What you need

  • A niche – like with affiliate marketing, you should choose something you’re passionate about.
  • Competitor analysis – identify key competitors to establish the difficulty of the industry.
  • A supplier – the most common choice is AliExpress, albeit the products can sometimes lack in quality.
  • A store – usually, people go for Shopify.
  • Marketing – SEO, paid ads, content marketing, and free media coverage (for instance, through HARO) are some of the best strategies.

Write or edit as a freelancer

When it comes to freelance writing, some major benefits make it a great side hustle for millennials.

For one thing, freelancing is a great way to get started in the writing world without having to commit to a full-time job. You can pick and choose your projects, which means you can work around your other commitments. And if you’re good at what you do, you can start to build up a solid portfolio of work that will make it easier to get higher-paying gigs down the line.

Another benefit of freelance writing is that it’s relatively easy to get started. You don’t need any special qualifications or experience – all you need is a laptop and a good internet connection. Plus, there are plenty of online resources available to help you hone your craft and learn the ropes of the freelance writing world.

A common price point to start from is $0.10 per word, but the best writers can make as much as $1.50 per word.

What you need

  • A platform – Upwork and Fiverr are the market leaders.
  • Writing skills – you have to be confident that you can deliver the project.
  • A portfolio – even private projects just to show off your skills work well here.

Share your car

Car-sharing is a rapidly growing industry that offers an easy and convenient way for people to rent vehicles by the hour or day. For millennials, car-sharing can be an ideal side hustle. It’s a flexible way to earn side hustle income, and it doesn’t require a long-term commitment.

Plus, it’s relatively easy to get started: all you need is a clean driving record and a reliable vehicle. And since most car-sharing platforms allow you to set your own rates, you can control how much money you make.

What you need

  • A parking space – this is essential, as it’s where the car will be stored when it’s not in use. A driveway or a garage
  • A reliable car – it doesn’t have to be new, but it should be in good condition and well-maintained.
  • A clean driving record – this is a must, as car-sharing companies will conduct background checks.
  • A platform – a marketplace like Turo or Getaround is a good place to start.

Deliver groceries or food

With the popularity of apps like Uber Eats and Instacart, there’s never been more demand for delivery services.

Whether you’re looking to make some extra cash on the weekends or supplement your income during the week, delivering food or groceries is a great way to earn some extra money. Plus, it’s a great way to get some exercise and fresh air.

What you need

  • A vehicle – car, motorcycle, and bicycle are the most popular choices for doordashers.
  • A platform – UberEats, GrubHub, and Doordash are the biggest and most populated ones. Instacart and Shipt are smaller, but they pay better, albeit there aren’t as many clients there.

Transcribe audio

Audio transcription is a flexible gig that can be done on your own time, and the earnings can be pretty decent.

TranscribeMe, for example, lists $15-$22 per hour of audio, with top earners making $2200 a month. The average earner, meanwhile, makes $250 a month.

So if you’re looking for a side hustle that won’t interfere with your day-to-day life too much and that could potentially bring in some good money, audio transcription is worth considering. Plus, it’s a skillset that you can build on over time, so it’s a great way to invest in your future.

What you need

  • Quick and accurate typing – the better you are at it, the more money you can make.
  • Excellent grammar, punctuation, and spelling – mistakes are not tolerated with such gigs.
  • Good hearing – some audio files can be difficult to understand, so you need to be able to catch every word.

Start a blog

Not only can you use your blog to share your thoughts and experiences with the world, but you can also monetize your site through AdSense and other advertising programs. In addition, many affiliate marketing programs allow you to earn commission on sales of products that you promote on your blog. And best of all, you can start a blog for very little money.

If you’re feeling like splurging a bit more, then outsourcing the creation of your blog to an agency can be a good idea.

What you need

  • A hosting provider – Siteground and Bluehost are two of the most reliable services.
  • A niche – if there’s anything profitable and you’re passionate about it, you’ve hit the jackpot.
  • A website – either outsource the website to a dedicated team or create it yourself using WordPress or something similar that requires no code. There are tons of resources on the Internet that will help you with it.

Walk dogs

Though it may not sound like the most glamorous job, a dog walking business can be a great way to earn some extra money on the side. For millennials especially, dog walking can be a flexible and convenient way to make some extra cash.

There are a variety of dog walking apps and websites, such as Rover and Wag!, that makes it easy to find clients and get started. And since most walks only last 30 minutes or so, it’s a great way to fit in some extra work around a busy schedule. Plus, who doesn’t love spending time with puppies?

What you need

  • A platform – Wag! or Rover are the most common choices. That’s the easiest way of finding customers.
  • Supplies – a leash, collar, and poop bags. Of course, a treat or two can go a long way in making the puppy love you unconditionally.

Rent your flat as AirBnB

There are plenty of reasons why renting your flat as an Airbnb is a great way to earn some extra money as a millennial.

For one thing, it’s a very flexible way to make money – you can rent out your place for as long or as short as you want, and you can easily control how much you charge.

You’re also in complete control of who stays in your home, so you can screen guests in advance to make sure they’re the right fit. And since Airbnb is such a popular platform, there’s a good chance you’ll be able to attract a lot of guests and earn some great reviews.

The average income per apartment is $924, but it can vary tremendously, anywhere from $10 to $2000+. It depends on how much effort you put in.

What you need

  • A property that meets Airbnb’s standards for safety and cleanliness.
  • A state-issued ID or passport.
  • A bank account where you can receive payments from Airbnb guests.
  • Working knowledge of how to use the Airbnb platform (including creating and managing listings).

Start flipping websites

Website flipping is great to get started in entrepreneurship, and it can be a great source of passive extra income. There are a few reasons why flipping websites is a great side hustle for millennials.

First, it’s a relatively low-cost hustle idea. You don’t need to invest a lot of money in order to get started.

Second, it’s a great way to learn about online business and marketing. Flipping websites gives you hands-on experience with both of these important aspects of running an online business.

And third, it can be a great source of passive income. Once you’ve built up a portfolio of websites, you can start earning money from advertising, affiliate marketing, and other revenue streams.

On average, website flippers make $2000 a month and more. This is arguably one of the best side hustles where you can make some serious money. And you can start a proper small business off of that! Not all side hustles have that potential.

What you need

  • SEO knowledge – if you want to flip websites for a profit, you’ll need to know how to optimize them for search engines. This will make them more appealing to buyers and help you get a higher price.
  • A marketplace such as Flippa — This is where you’ll list your websites for sale. Make sure to set a realistic price and include plenty of information about the site’s traffic, earnings, and niche.
  • A niche – It’s easier to sell websites that focus on a specific topic or industry. This allows buyers to see the growth potential and makes it easier to market the site to their audience.

Launch your podcast

Podcasting is one of the hottest trends in media right now, and it’s no wonder why. Thanks to the proliferation of smartphones and other mobile devices, people are now consuming audio content more than ever before.

And with the rise of popular platforms like Spotify and Apple Podcasts, it’s easier than ever for listeners to find and subscribe to their favorite shows.

For millennials looking for a creative and affordable way to monetize their side hustle, launching a podcast is a great option. Not only is podcasting relatively inexpensive to get started, but there are also several ways to monetize your show, from advertising to sponsorships to product placement.

10,000 downloads can land you anywhere from $500 to $900, which is not too shabby.

What you need

  • A clear idea of what your podcast will be about. What is your story? Who are your listeners? What do you want to share with them?
  • A good microphone. This is important to produce clear audio that sounds professional.
  • Editing software. This will help you to edit out any mistakes or background noise and make your podcast sound polished.
  • A hosting platform. This is where your podcast will live online and where people will be able to listen to it. There are many different hosting platforms available, so choose one that best suits your needs.

Create a YouTube channel

As the world’s largest video-sharing platform, YouTube offers vast opportunities for content creators to connect with audiences and build a following. What’s more, thanks to YouTube’s partnership program, you can monetize your channel by displaying ads or charging for paid subscriptions. So if you’re creative, ambitious, and looking for a way to make some extra cash, setting up a YouTube channel is a great option.

1000 views can make you $3-$5, depending on your partnerships.

What you need

  • A strong sense of what kind of content you want to produce – You need to have a good idea of what kind of videos you want to make before you start.
  • An engaging personality – You need to be able to hold your viewers’ attention and keep them coming back for more.
  • Basic video editing skills – You don’t need to be a Hollywood filmmaker, but you should know how to make your videos appealing.
  • An even stronger work ethic to produce that content consistently – YouTube is a crowded space, and it’s hard to stand out from the crowd.
  • An understanding of both YouTube and social media algorithms – To get your videos seen by as many people as possible, you need to learn how YouTube and social media work.
  • Patience – it takes a lot of time and dedication to growing a successful YouTube channel.
  • Thick skin – you will face haters and trolls no matter how great your content is.
  • A willingness to learn and evolve as both a YouTuber and as a person – The YouTube landscape is always changing, and you need to be able to change with it.

Resell thrift pieces

For many millennials, the search for affordable, stylish clothing can be a never-ending quest. However, one way to score great deals on fashionable clothes is to shop at thrift stores.

While some thrift store finds may need a little TLC before they’re ready to wear, with a little creativity, it’s easy to find hidden gems. And, for millennials looking to make some extra cash, reselling thrifted items can be a great side hustle.

Thanks to sites like eBay and Depop, it’s easy to reach a wide audience of potential buyers. Plus, by reselling thrifted items, you’re helping to reduce waste and keep gently used clothes out of landfill sites.

There are many voices that proper reselling can make you as much as $100 a day. Of course, this will not always be the case. The average profit is $28 per clothing item.

What you need

  • Research what items are selling online. Compare prices on similar items to get an idea of what you can charge.
  • Inspect the items thoroughly before listing them. Look for any damage or flaws that could affect the value.
  • Clean the items thoroughly before shipping them out. This will help them sell faster and for a higher price.
  • Take great-quality photos of the items. This is important to show potential buyers what they are getting
  • Write well-written descriptions of the items, including any pertinent information such as measurements, materials, etc.
  • Choose an appropriate shipping method based on the item’s size, weight, and value. You don’t want to overcharge or undercharge for shipping.

Become a user tester

User testing is a process where companies test out new products or features with a group of target users before releasing them to the general public.

As a user tester, you’ll be given tasks to complete using the product or feature, and you’ll provide feedback on your experience. User testing is a great way to earn some extra money, and it’s also a great way to learn about new products and technologies, which makes for a great side hustle.

On top of that, as a user tester, you’ll have the opportunity to shape the development of new products and features.

UserTesting.com pays an average of $10 per 20-minute video. It varies from $3 to $60.

What you need

  • A laptop or desktop computer with an internet connection – all user testing is done online.
  • A microphone and webcam, or a smartphone/tablet with a camera and microphone – you’ll need to be able to record your voice and video while using the product or feature.
  • A quiet place to test from where you will not be interrupted – user testing sessions can last up to an hour, so you’ll need a quiet place where you can focus.
  • The ability to follow instructions and provide clear feedback – during the user testing session, you’ll be given specific instructions on what to do. You must follow these instructions and provide clear and concise feedback.

Complete online surveys

There are a number of different companies that offer online surveys, such as Swagbucks and LifePoints, and they’re a great way to make some extra money.

The best part about taking online surveys is that they’re relatively quick and easy to do, and you can do them anywhere – so whether you’re taking a break from work, on a lunch break, or just want to kill some time, you can easily make some extra cash. Plus, most companies offer some sort of reward for completing surveys and earning some extra bucks.

What you need

  • A computer or mobile device with an internet connection.
  • A valid email address – all online surveys will require you to sign up with an email address.
  • A list of reliable survey sites – there are a lot of survey sites out there, but not all of them are reputable. Make sure you only sign up with companies that have a good reputation. Swagbucks and Lifepoints are known to be reliable.
  • A willingness to answer questions honestly and thoughtfully. – surveys are designed to collect data, so you should answer questions honestly, even for your own peace of mind.

Published First on Due. Read Here.

Featured Image Credit: Helena Lopes; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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Fintech Kennek raises $12.5M seed round to digitize lending

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Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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