Finance Tips & Tricks

August 27 2022

How To Make Money Flipping Furniture | Side Hustles

Wayne Waldrop Finance Tips, Side Hustles Finance Tips & Tricks, Side Hustles, Supplemental Income

Flipping furniture is one of the most accessible and flexible side hustles out there. While scoring some cheap furniture and flipping it might not make you a millionaire, it can definitely become a reliable form of supplementary income.

When it comes to side hustles, flexibility and time commitment are two of the most common factors people consider being jumping in to the field. So if you want to make some money at your own pace, this might be a fit for you.

In this article I will guide you through exactly how to make money flipping furniture and detail everything involved in the entire process from finding furniture to finding a buyer.

Additionally, I will share the pros & cons of flipping furniture, information on where to sell flipped furniture, and even some tips & tricks for maximizing opportunities to earn additional income. So let’s jump on into how to make money flipping furniture!

Content

Introduction to Flipping Furniture
What is Furniture Flipping?
Why Flip Furniture?
How To Flip Furniture
Risks of Flipping Furniture
How Much Money Can You Make Flipping Furniture?
Flipping Furniture Tips
Pros & Cons of Flipping Furniture
Other Side Hustles

Introduction To Flipping Furniture

Flipping furniture is an underrated side hustle that is only gaining in popularity, and many individuals across the web have shared their success stories. The art of flipping furniture entails finding free or expensive furniture and reselling it for a profit.

Furniture flipping has little-to-no start-up costs and has no mandatory investment of time. This is a side hustle you can do absolutely at your own pace.

People often give up furniture free-of-charge due to the convenience. This is especially true during long-distance moves.

If you do some well conducted search, it is possible to find furniture to flip for free. This is a great opportunity to earn profit because you’re putting in the time to sell and potentially restore furniture that someone else just wanted off their hands.

What Is Furniture Flipping?

Furniture flipping is the art of obtaining furniture at little-to-no cost and reselling it for a profit. This is a great side hustle for those that aren’t afraid to research, hurt, and haggle to get furniture at a cheap cost.

Why Flip Furniture?

Flipping furniture is a great way to make supplemental income with absolutely no time obligation. You can flip furniture on your own time and at your own pace. This includes finding, fixing up, and selling the furniture. There is nothing stopping you from doing this when it is convenient to you.

Another plus is that flipping furniture is a side hustle that has little-to-no start up costs. Furniture is one of those goods that can drastically increase and lower in value based-on their appearance and quality.

It can be easy to find furniture at an affordable rate that needs only a little bit of work to go up in value. This is why flipping furniture can yield high profit margins.

Let’s break down the benefits of flipping furniture.

Here is why you should flip furniture:

No time commitments or restrictions
No barrier to entry
Little-to-no start up costs
Can have high profit margins
It is possible to get furniture to flip for free
Has opportunities for increased revenue

The benefits of flipping furniture lie within the flexibility of the side hustle and the profit margins possible within the field.

How To Flip Furniture

So now let’s discuss how to start flipping furniture.

The first step to start flipping furniture is to find discounted or discarded furniture to flip.

Now let’s break down each of these important factors on how to flip furniture in full detail below.

Requirements To Flip Furniture

There aren’t really any requirements to flip furniture. As long as this isn’t a formal business and you are just flipping furniture on the side, you should have no barriers-of-entry starting this side hustle.

Finding success flipping furniture does have some requirements however. The following would help you find success flipping furniture.

Flipping furniture recommendations:

Have a truck for picking up furniture to flip
Be comfortable haggling prices
Utilize online market places to find furniture at a discount
Learn or know how to refurbish furniture
Must be willing to work with strangers (furniture pickup, visiting yard/garage sales, selling furniture)

Now let’s discuss how to find furniture to flip and sell to begin with.

How To Find Furniture To Flip

The best way to find furniture to flip is to check online market places for discounted furniture. Another great way to find furniture to flip is at yard sales and garage sales. Furniture can often run very cheap at these locations, as typically the seller just wants to get rid of the furniture at their convenience.

It is wise to do your research and analyze whether or not furniture is being sold under value. This is the best way to ensure you aren’t spending more money than you’ll be able to make.

Additionally, you’ll want to research how much you could sell the flipped furniture for right now. This is how you can calculate a potential profit in advance, which will help you know if the whole process is worth your time.

Here are some tips for how to find furniture to flip:

Local garage sales and yard sales
Online marketplaces (Facebook Marketplace, Offer Up, Craigslist)
Facebook Groups
Estate Sales
Thrift Stores
Discarded for free

Some of the best strategies for finding affordable or free furniture to flip is to just get out there in your own community. You’ll be able to learn the best time and place to score cheap furniture.

This only adds to the flexibility of the side hustle, as you’ll be able to score furniture at your own pace as you go about your daily life.

Now that we know how to find furniture to flip, let’s discuss where to sell our findings.

Where To Sell Flipped Furniture

The most convenient way to sell flipped furniture is by utilizing online marketplaces such as Facebook Marketplace, Offer Up, and Craigslist.

These online marketplaces are great because you can set your price and see who bites. You can also search for similar items on the marketplace and see what they are going for. This is a great tool for knowing the market and navigating it.

There are plenty of other ways to sell flipped furniture though, and I find online resources and social media to be the best way. These platforms can allow for some major reach, all while also being an efficient tool that allows for better multitasking. Efficiency is exactly what we aim for with side hustles.

To sum it up, here is a list containing where you can sell flipped furniture.

Here is where you can sell flipped furniture:

Online marketplaces (Facebook Market, Offer Up, Craigslist)
Facebook groups
Yard sales
Garage sales
Facebook page
Instagram
TikTok

Now that we know where to sell flipped furniture, let’s go over some of the precautions one should take when selling flipped furniture.

Risks Of Selling Flipped Furniture

There are a few risks that come with flipping furniture. One involving the furniture itself, and the other involving the safety issue involved with obtaining and selling it.

The first risk involved with flipping furniture is that some furniture – especially discarded furniture – can be infested with pests.

It is common for furniture to get thrown out or labeled with a “free” sign because there is an issue with the piece. There could be bed bugs or termites living within the furniture. So please be careful when working with such furniture.

The next risk is involved with selling the flipped furniture. To make a sale happen, you will have to work with strangers fairly often. This is true for buying and selling the furniture actually.

This side hustle might be best for those who are able to defend themselves or have effective home security. Please be safe and take all precautions possible before dealing with strangers.

Note: It is important to make sure you aren’t finding discarded furniture that was disposed of for a reason. Do not try to just cover up evidence of bed bugs or termites and resell the trashed furniture. Be safe and cautious and retain your integrity when flipping furniture. Leave furniture that requires advanced levels of restoring to the professionals.

Now that we know the risks of selling flipped furniture, let’s discuss something more fun. Let’s go over how much money flipping furniture can make.

How Much Money Can You Make Flipping Furniture?

Flipping Furniture has been known to make anywhere from $200 to $2000 a month. The ability to maximize profits will come from the sellers access to furniture to flip as well as their ability to find a fitting buyer.

Additionally, a furniture flipper can further their profits by restoring or decorating furniture to increase its value. This is where increased skills can come in handy.

Flipping Furniture Tips

Throughout this article we have discussed many tips for selling flipped furniture, so here is a roundup of some of the best tips for flipping furniture.

Restoring furniture can raise profits
Use Google and Youtube to find furniture restoration tips and tricks
Search for free/cheap furniture at garage sales, on Facebook Marketplace, and thrift stores
Use Apps like Offerup and Facebook to sell the furniture
Inspect furniture for pests, mold, and fungus

Flipping Furniture Pros & Cons

Pros:

Doable on your own time
Little-to-no start-up costs
Accessible and easy to start
Requires little-to-no professional expertise
High profit margins

Cons:

Can take time to learn how to restore furniture

Requires a level of extroversion to make sales
Finding buyers can be uncomfortable for some
Pest infested furniture can be a problem

Other Side Hustles

Looking for some more side hustles that can help you bring in some supplemental income? Check out my article on 13 Side Hustles You Can Start Right Now.

Within this article I break down 12 other side hustles that anyone can do. Each side hustle is unique with different amount of time commitment and income potential, but hopefully you find at least one that fits your interests.

Go ahead and check it out if you’re interested in more opportunities to make some supplemental income.

Closing Thoughts

There you have it! That is everything you need to know on how to make money flipping furniture. Overall, I think it is a great way to earn supplemental income on the side. It isn’t a get-rich-quick-scheme by any means, but it is an honest way to make some extra money here and there.

What do you think about flipping furniture as a side hustle? Do you have any experiences to share? Please feel free to start up a conversation in the comments, and I look forward to hearing some other opinions.

Good luck and happy flipping!

August 17 2022

How To Make Money Donating Blood Plasma | Side Hustles

Wayne Waldrop Side Hustles Finance Tips & Tricks, Side Hustles, Supplemental Income

Donating blood plasma may not exactly sound like a side hustle, but it is a great way to gain some supplementary income all while contributing to a good cause. The flexibility involved with donating blood plasma is what makes it such an intriguing way to earn some additional income.

In this article I will guide you through exactly how to make money donating blood plasma and detail everything involved in the entire process from sign-up to receiving compensation.

Additionally, I will share the pros & cons of donating blood plasma, information on eligibility requirements for donating blood plasma, and even some tips & tricks for maximizing opportunities to earn additional income. So let’s jump on into how to make money donating blood plasma!

Note: This article contains descriptions and images of blood and needles.

Content

Introduction to Donating Blood Plasma
What is Blood Plasma?
Why Donate Blood Plasma?
How To Start Donating Blood Plasma
Risks of Donating Blood Plasma
Tips Before Donating Blood Plasma
How Much Money Can You Make Donating Plasma?
Donating Blood Plasma Tips
Pros & Cons of Donating Blood Plasma
Other Blood Plasma Donation Sites

Introduction To Donating Blood Plasma

Pharmaceutical companies – such as Octapharma – that pay for plasma donations often run first-time donation bonuses that are exceptionally worthwhile. These bonuses are often created as incentives to get individuals to start donating their plasma. I would recommend doing your first month at the very least, and see if this is something you wish to continue doing afterwards.

There are often additional promotions involved with donating blood plasma too, such as maintaining a consistent donation streak. So while donating blood plasma is incredibly flexible and at your own convenience, it is important to consider how often you’ll be able or willing to visit a plasma clinic.

Everyone has a different reaction to donating blood plasma. While some people have complications with donating blood plasma, others even report experiencing health benefits. It would be wise to have your health surveyed before trying to donate blood plasma. Don’t worry though, as I will break down all the risks involved with donating blood plasma in an upcoming section of this article.

Let’s take some time to discuss what blood plasma is before we jump into donating our own. If you are familiar with blood plasma and why we should donate it, feel free to click here to skip to the following section of the article.

What Is Blood Plasma?

Blood Plasma is the liquid part of blood that carries antibodies, clotting factors, and proteins throughout the body. This portion of the blood is medically significant because it can be used to help treat trauma emergencies.

Why Donate Blood Plasma?

Donating blood plasma is a great thing to do for humanity and for your finances. It really is a win-win all around!

Your contributions could end up saving lives. This is exactly why pharmaceutical companies are willing to pay for blood plasma donations. There really can never be enough blood plasma available for needing individuals.

That’s why you should donate blood plasma for the sake of humanity, but let’s also discuss how it can help out the donor as well.

Donating blood plasma is a flexible and convenient opportunity to earn supplemental income up to two times a week. The best part is that many donation sites such as Octapharma have Wi-Fi on sight. This means you can still work, communicate, read, or even just entertain yourself during the donation process.

Here is why you should donate blood plasma:

Blood plasma is very useful for treating trauma and saving lives
You can donate any two days (two days apart) of your choice
The process is flexible and convenient
Donation sites often have complimentary Wi-Fi
Donation sites often have convenient apps for keeping track of visits, rewards, and compensation

There are many global and personal benefits to donating blood plasma, so I hope you are able to contribute as well!

How To Start Donating Blood Plasma

So now let’s discuss how to start donating plasma and how to obtain your compensation.

The first step to start donating plasma is to visit a clinic such as Octapharma and sign up in-person. Your first visit will be the longest and can take anywhere from 2-to-3 hours, as you will have an examination to confirm if you are a good fit for plasma donation. Future visits can become progressively quicker (potentially taking only an hour) as you become familiar with the process and all of your records are already in the clinics system.

Some companies, such as Octapharma, have their own apps that are helpful to donators. On the OctaApp you can see your compensation and earn more compensation for repeated visits. This makes it a lot easier to keep track of your visits and compensation, and help make donating plasma a useful source of supplementary income.

Note: Visits can take 2-3 hours at first, but can get shorter on repeated visits. Clinics cannot use your plasma until you’ve donated at least twice. Compensation decreases after the first month, so keep this in mind. Donating plasma is not for everyone, so consider your own health and feelings about donating before committing.

Before you start donating blood plasma, you’ll want to make sure of a few factors. First you’ll want to make sure in advance that you meet the eligibility requirements to donate blood plasma. Then you’ll want to pick a blood plasma clinic to donate at. Next you’ll just need to go in for an initial check-up and then sign-up and start donating!

Now let’s break down each of these important factors on how to donate blood plasma in full detail below.

Eligibility Requirements to Donate Blood Plasma

To be eligible to donate blood plasma you must:

Be at least 18 years old
Weigh over 110 pounds
Be in good health
Have a valid ID

Where Can You Donate Blood Plasma?

There are many blood plasma clinics that will pay you for your time and blood plasma. Pharmaceutical companies such as Octapharma even have an app to help manage your compensation, rewards, schedule, and more.

The Octapharma plasma clinics are equipped with free WI-FI, so donating plasma is a great way to earn some supplemental income with your free time all while doing some good.

I personally have experience with Octapharma, and I recommend them for plasma donation. However, there are plenty of other great options as well. I will go more into this at the end of this article, so stay tuned!

How Do You Donate Blood Plasma?

Fortunately, besides effectively preparing for a donation session and showing up to the donation site, there isn’t much you have to do to donate blood plasma. A trained employee will conduct the blood plasma extraction, and you just have be patient and complete the donation session.

Even better is that many blood plasma donation clinics (such as Octapharma) have Wi-Fi enabled in their donation centers. This means you can even multi-task during blood plasma collection.

Sounds great right? Well let’s jump on into how to get started donating blood plasma, and what a donation session looks like.

Here is everything you need to do to get started with donating blood plasma:

Find a blood plasma clinic to donate at (like Octapharma)
Fill-in your information and sign-up for blood plasma donation
Partake in an initial check-up appointment to assess your health (blood sample and vitals) and eligibility
Complete your first blood plasma donation session
Continue coming in every two weeks for an entire month
Collect your new-donor starting bonus payment
Continue donating blood plasma

The process of donating blood plasma itself is quite simple, and a blood plasma technician will do all the work. You just need to sit down and do your time.

Here is what a blood plasma donation session looks like:

Hydrate and eat a healthy meal before you go
Visit the plasma donation clinic of your choice (such as Octapharma)
Sign-in at the front desk
Be escorted back to the donation area
Allow a trained staff member to insert a sterile needle into your arm
Sit patiently for one – three hours while your blood plasma is collected (this process can speed up upon repeat visits)
Leave the donation clinic
Return for an additional session each week at least two days after the previous session
Repeat this process every week

If donating blood plasma is sounding great to you, than you may be a great fit as a donor! Let’s discuss some of the risks involved with donating blood plasma before you head to a donation clinic.

Risks of Donating Blood Plasma

Side effects that follow plasma donation include:

Small bruising
Slight dizziness or lightheadedness
Mild nausea
Mild dehydration
Slight discomfort

Note: Side effects will vary from person-to-person, so pay attention to your own response to donating blood plasma to confirm whether or not this is for you, and stay mindful of the side effects that can follow donating blood plasma.

For some individuals, these side effects could potentially be avoided by properly preparing for a donation session. I will share some tips that can help you prepare for your donation session.

Tips Before Donating Blood Plasma

Here are some tips you should know before donating plasma:

Have 50 to 80 grams of protein in your diet
Drink water / hydrating juice before and during your donation session
Eat a healthy meal before donating plasma
You cannot drink alcohol up to 48 hours between each donation session
You must donate twice before your plasma can be used
Donors can donate plasma up to two times a week, but donations must take place over two days apart
Compensation deals often require you to donate 8-to-10 times to receive the bonus

How Much Money Can You Make Donating Blood Plasma?

Donating Plasma has been known to make new donators up to $1000 in the first month. However, after the start-up bonus is complete, financial compensation may drop considerably. The ability to maximize compensation will come from the frequency and consistency in which one donates plasma.

Some clinics like Octapharma have reward programs where frequent donators can increase their compensation or win prizes for consistently donating their plasma.

Donating Blood Plasma Tips

Donate twice a week to maximize compensation
Utilize Apps like the OctaApp to manage visits and compensation
Hydrate and eat a healthy meal before each donation
Consider your comfort and health before donating
Develop a consistent donation schedule to stay on-track

Donating Blood Plasma Pros & Cons

Pros:

This is a side hustle that benefits society
You can multitask while donating
The first month has compensation bonuses
Some clinics have useful Apps for managing payments and visits
Consistent donations can lead to more rewards

Cons:

There are eligibility requirements

Pay decreases after the first month
Some people are afraid of needles
You can only donate twice a week
Donating can come with side effects

Other Blood Plasma Donation Sites

I go to Octapharma for blood plasma donations, but there are plenty of other sites worth visiting. Take some time and consider all possibilities when picking your site. Some may be in closer proximity to you or fit your schedule better. Take a look for yourself down below.

Blood plasma donation sites that offer bonus compensation:

Octapharma – $700 – $1000 bonus
CLS Plasma – $1000 bonus
BioLife Plasma Services – $900 bonus
Grifols – $800 bonus

I would recommend doing your research before committing to any of these option when it comes to blood plasma donation.

Additional Side Hustles

Looking for some more side hustles that can help you bring in some supplemental income? Check out my article on 13 Side Hustles You Can Start Right Now.

Within this article I break down 12 other side hustles that anyone can do. Each side hustle is unique with different amount of time and income potential, but hopefully you find at least one that fits your interests.

Go ahead and check it out if you’re interested in more opportunities to make some supplemental income.

Closing Thoughts

There you have it! That is everything you need to know on how to make money donating blood plasma. Overall, I think it is a great way to earn supplemental income all while doing some good for humanity. You won’t make a lot of money donating plasma, but it is flexible and convenient which makes up for the low pay.

What do you think about donating blood plasma as a side hustle? Do you have any experiences to share? Please feel free to start up a conversation in the comments, and I look forward to earning some other opinions.

Good luck and happy donating!

July 15 2022

13 Amazing Side Hustles You Can Start Right Now

Wayne Waldrop Finance Tips Finance Tips & Tricks, Side Hustles, Supplemental Income

Side hustles are typically described as part-time, low-maintenance activities – apart from one’s primary source of income – that can generate supplemental income. These side jobs are of growing interest, with many entrepreneurs taking on such side hustles to get ahead in life or potentially grow to be primary sources of income that allow for financial independence. For this article I spent some time researching successful side hustles across the web so that you don’t have to.

By the end of this article you will know about 13 amazing side hustles that anyone can do. Every side hustle on this list is an accessible way to gain supplemental income, and I hope you can find a couple that fit your interests and needs. Are you onboard yet? Let’s jump on into these 13 Amazing Side Hustles!

Disclaimer: Some of the links in this article are affiliate links where I earn commission from qualifying purchases. However, I will never recommend a product or service I don’t have 100% faith in. Enjoy!

13 Side Hustles For Supplemental Income

I spent weeks reading hundreds articles and comments all over the internet so you don’t have to. Whether you’re on Youtube, Reddit, TikTok or a blog (like mine!) there are always places for people to gather and discuss side hustles, supplemental income, and financial independence.

If you are interested in reading up on 13 successful side hustles that are proven to work, you’ve come to the right place. I have compiled my favorite side hustles that I researched, and each of these projects are accessible and require no advanced skill to conduct.

You’ll have to take the time to learn the trade of course, but that is exactly the kind of advice and knowledge I will share within this article.

Now let’s jump on in to the first entry on this list of 13 amazing side hustles.

#1 – Flipping Furniture

Furniture flipping has little-to-no start-up costs and has no mandatory investment of time. This is a side hustle you can do absolutely at your own pace.

People often give up furniture free-of-charge due to the convenience. This is especially true during long-distance moves. If you do some well conducted search, it is possible to find furniture to flip for free. This is a great opportunity to earn profit because you’re putting in the time to sell and potentially restore furniture that someone else just wanted off their hands.

Restoring Furniture Can Increase Profits

If you have a little bit of money to invest, you can also buy furniture for cheap and flip it for a higher price. Popular places to search are garage sales, Facebook marketplace, and thrift stores.

While this is an accessible side hustle that requires little-to-no special skills, you can make much more profit if you are also able to restore the furniture you’re trying to sell. This can be easier than you’d expect though, as just some simple painting or patching can drastically increase the re-sale value of furniture.

How Much Money Can Flipping Furniture Make?

Additionally, a furniture flipper can further their profits by restoring or decorating furniture to increase its value. This is where increased skills can come in handy.

Furniture Flipping Tips

Restoring furniture can raise profits
Use Google and Youtube to find furniture restoration tips and tricks
Search for free/cheap furniture at garage sales, on Facebook Marketplace, and thrift stores
Use Apps like Offerup and Facebook to sell the furniture
Inspect furniture for pests, mold, and fungus

Furniture Flipping Pros & Cons

Pros:

Doable on your own time
Little-to-no start-up costs
Accessible and easy to start
Requires little-to-no professional expertise
High profit margins

Cons:

Can take time to learn how to restore furniture

Requires a level of extroversion to make sales
Finding buyers can be uncomfortable for some
Bed bugs and termites can be a problem

More Information On Flipping Furniture

If you want to know more on how to make money flipping furniture, check out my more in-depth article on furniture flipping here.

#2 – Freelance Voiceover Work

Freelance Voiceover work is a great side hustle that many have recommended on various forums. Voiceover work is typically a huge change of pace for anyone in the work force, but this is also one of the aspects of it that makes it exciting. You don’t have to already have fantastic voice acting abilities to start your voiceover side hustle either.

However, having a talent voice can increase your options for jobs and potentially even your pay-rate, there are plenty of freelance jobs that will accept any voiceover.

Now the difficult part about voiceover work is that it can be hard to get the initial work experience for your resume. The field is competitive and oversaturated, so it can be hard to get into the stride of things. However if you work hard and increase your network, it is still possible to turn voiceover work into a flourishing secondary source of income.

How To Start Doing Freelance Voiceover Work

I would recommend starting small and working your way up. When you have no voiceover experience yet, you can’t just wait around for appealing jobs to accept you. Work hard and take the work you can get and grow your resume as well as your abilities.

To grow your resume you should pick a niche that you want to build yourself within. There are countless categories that need voiceover work, and if you can find your own niche to operate within, you will be more successful in finding gigs that work well for you.

I highly recommend checking websites like Upwork for freelance voiceover opportunities, and I would also recommend that you create a gig on Fiverr. This is still a competitive and oversaturated market however, but in due time you can get the reviews and ratings that put you above your competitors.

Note: Voice acting is a career of its own, so competition in the voiceover field can be tough. If you are just trying to make supplemental income doing voiceover work it is important to keep your expectations low as you navigate towards finding your fitting voiceover niche.

How Much Money Can Freelance Voiceover Work Make?

Freelance voiceover artists make anywhere from $25 to $400 per gig. The pay for voiceover work often depends on the amount of words required for the job and the experience of the voiceover artist. If the voiceover artist has a solid resume within a niche, it is possible to make over $2000 a month.

Experienced voiceover professionals that work on voiceover work full-time are able to make a full career out of it. However freelance work is often more flexible and well-suited as a side hustle.

Freelance Voiceover Work Tips

Invest in a professional microphone to ensure high-quality recordings
Utilize websites like Upwork and Fiverr to score gigs
Pick a niche and gain experience within it for increased work opportunities
Enroll in classes that can help elevate your voice over potential
While the work is part-time, be sure to invest additional time into building your resume

Freelance Voiceover Work Pros & Cons

Pros:

Flexible workload
Accessible for different voice types
Countless niches to explore
One of the more fun and creative side hustles
Opportunities increase with resume length

Cons:

Voiceover work is an Incredibly saturated field

It can be difficult to score initial gigs
You’ll need to invest in a professional sound setup
Many jobs go to professional voice artists
You need to have the ability to market yourself

#3 – Equipment Rentals

Equipment rental is a fantastic side hustle because literally anyone can do it! No matter what your primary career is or what other side hustles you engage in, there is no doubt that you have some useful equipment that can be rented out for additional income.

Equipment rentals can be anything from an electric buzz saw to a high-quality professional camera. The options you have readily available for equipment rental will vary from person-to-person, but this can be a great way to make money from your tools when they aren’t in use. Not only will your equipment pay itself off in no time, but you’ll be able to make a habit out of this and start generating some monthly income.

How To Get Equipment To Rent Out

If you find yourself short of equipment to rent out, some equipment renters buy equipment and tools primarily to rent them out. By doing this you can add a piece of equipment to your arsenal all while making money off of it.

To maximize profits you should do your research and search for great deals for your equipment. Try to refrain from purchasing equipment on a whim, if you’re patient you’ll be able to find perfect equipment at a decent price. Try looking on Offerup, Shop Goodwill, and Facebook Marketplace for affordable equipment.

Note: If you intend on investing in equipment for renting out, I would recommend purchasing equipment that you’ll find use for, as you don’t want it just sitting around when it isn’t being borrowed. Additionally I would recommend that you slowly buy equipment to lower the burden of start-up costs. If you slowly add more equipment to your arsenal, you won’t find yourself $3000 down with no business.

How Much Money Can Equipment Rental Make?

Equipment rental has been known to make $200 to $4,000 a month. The ability to maximize revenue will come from the amount of equipment the renter has available and the quality or scarcity of the equipment in stock.

Equipment Rental Tips

Rent out the equipment you use when you aren’t using it yourself
Purchase additional equipment for your field and rent it out
Use Facebook Marketplace to advertise equipment rentals
Search Offerup, Shop Goodwill, Facebook Marketplace, and Garage Sales to find affordable equipment to add to your rental selection
Rent out unique equipment that others may not be willing to purchase in full

Equipment Rentals Pros & Cons

Pros:

Make money from already-purchased equipment
You get to keep new equipment purchased for rentals
Your equipment (new or old) can pay itself off
Investing in additional equipment can help out your other side hustles
Money is made passively after renting out the equipment

Cons:

Some individuals lack equipment to rent out

Worthwhile equipment can be expensive to initially purchase
There are safety concerns considering you have to exchange your equipment with strangers
Your equipment’s mileage will add up without you using it yourself

#4 – Discord Community Management

Discord is quickly becoming one of the most powerful community building tools available for brands. The best part is, that many brands don’t exactly know how to utilize Discord as a community building tool. This means that there is an opportunity to be made by managing Discord communities for other brands or individuals.

For those who don’t know, Discord is an application that allows users to create chat servers for their own loyal followers. While Discord was made popular by gaming communities, it is now very common to see influencers, bands, and brands to have their own Discord servers.

Now you’ll want to know a thing or two about Discord before taking on Discord community management, but besides that there is not much of a barrier-to-entry with this side hustle. It will help to have an understanding of social media, but if you’re really interested just take the time to learn about Discord and you’ll be fine.

What Do Discord Community Managers Do?

Discord community managers often moderate the chatrooms, create groups, schedule/host events, manage promotions/giveaways, schedule alerts, and even handle security.

This all may sound like a lot of work, but fortunately it can be easy to manage even multiple discord communities once you get the hang of it. Any of these tasks can also be done from a laptop or smartphone so this allows managers to multitask and even do other jobs while acting as a Discord community manager.

How To Start Managing Discord Communities

This can be a tough side hustle to get into, not because of oversaturation, but because Discord is a newer application and community management opportunities can be scarce.

I would recommend forming relationships with Discord community creators and pitching management positions yourself. Additionally, you could reach out to a brand or influencer that doesn’t have a Discord community, and discuss the benefits of having one. Then you can offer to manage the community yourself.

This side hustle will require some planning and pitching, but if you want to make money online managing Discord communities, you’ll have to earn the opportunity to do so. Sell yourself!

How Much Money Can Managing Discord Communities Make?

Discord Community Management has been known to make anywhere from $100 to $4000 a month. The ability to maximize revenue will come from the managers ability to obtain clients and manage several communities at once.

Discord Community Management Tips

Start with managing one Discord community before taking on more
Maximize your revenue by eventually managing multiple Discord communities
Network and make connections with community owners to get your first opportunity for your Discord community management resume
Learn the ins-and-outs of Discord before taking on a community management job
Master your ability to multitask, Discord community management is a fantastic way to make supplementary income if you can juggle it along side other jobs

Discord Community Management Pros & Cons

Pros:

Easy if you’re good with social media
Incredibly flexible and easy to multi-task with
There is still room for entry
Opportunities to extend your network
Can be done from a laptop or smartphone

Cons:

Typically low pay

Can require networking to get the gig
Some people are unfamiliar with Discord
Requires an understanding of social media
Workload can include more than expected

#5 – Short-Term Room Rental

Not everyone can build a rental property empire, especially not early enough and quick enough to satisfy their current needs. Fortunately that isn’t the only option when it comes making some rental income. That’s right! You might be able to start making some rental income right now!

Short-term room renting is a great way to make some extra money to go towards your mortgage or rent. What short-term room renting entails is temporarily renting out a room in your home. This is a great way to make some rental income and turn your house from a financial liability to a money-making asset.

Some ambitious short-term renters even rent out their entire home for a weekend or week at a time. These individuals take the opportunity to rent out their home whenever they aren’t currently occupying it. Whether this is due to being on a business trip, vacation, or just staying with family.

If you want to maximize your revenue, try strategically renting out your house during big events such as concerts, sporting events, holidays, and graduation season. For those who visit family on the holidays, this would be a great opportunity to rent out your vacant home on the short-term.

How To Rent Out Your House Short-Term

Once you have some tenants booked your home will start making you some income. However, you’ll need to put in some work to book these tenants.

Short-term room renters can find tenants by using services such as Airbnb or even by advertising in local Facebook rental groups.

Short-term rental apps such as Airbnb are typically the best way to go however, as they are often the safer and easier option for finding Tenants.

Note: This side hustle involves letting strangers utilize your permanent residence for a short period of time. This could be a safety concern, so make sure you take the necessary precautions when finding suitable short-term tenants. I personally would recommend investing in a home security system if you haven’t already.

How Much Money Can Short-Term Home renting Make?

Short-term home rentals have been known to make anywhere from $400 to $2000 a month. The ability to maximize revenue will come from the renters ability to find tenants and the properties location and proximity to local hotspots.

Some short-term rentals can even make $1000 in one booking if organized around a special event or holiday, so keep this in mind if you wish to earn some income during these occasions.

Short-Term Home Rental Tips

Occasionally rent out spare space in your own property
Rent out your whole house when you aren’t occupying it
Use apps like Airbnb to keep your short-term rental booked
Add a gimmick to your rental to make it more appealing
Practice careful booking and make sure you keep your property safe and secure

Short-Term Home Rental Pros & Cons

Pros:

Make money from your property
High payments for low workload
Apps like Airbnb can help you book tenants
Your property can make you money when it isn’t being used by you
Holidays and events can drive more traffic at even higher costs

Cons:

Rooms/homes must be reset after each rental period

Strangers will visit your property
Loss of privacy during rental periods
You need to have property to begin with

#6 – Gourmet Mushroom Farming

Home-grown gourmet mushrooms are totally in season, and growing them has never been easier thanks to modern resources! Thanks to the monotub technique, gourmet mushroom growing can be done by anyone, as the technique is space-conscious and accessible to anyone willing to learn.

The monotub technique involves growing mushrooms in a customized plastic tub crafted to match an environment great for cultivating mushrooms. These days you can even purchase monotubs in a pre-customized state ready-to-grow.

Gourmet mushroom growing isn’t simple by any means, but thanks to the wonderful resources of the internet and fantastic creators like Shroom Boomer, anyone can learn how to grow mushrooms at home if they study the process and take the time to learn.

How To Start Growing Mushrooms From Home

I would recommend getting started by watching this start-to-finish tutorial by Boomer Shroomer. As the comments on the video will tell you, this is the definitive video for monotub mushroom growing. Boomer Shroomer details the process in a way that is articulate, educational, but also fun and easy to follow. Her fantastic filming setup and growing time-lapses make her videos massively appealing. She has even recently become a viral TikTok sensation.

Boomer Shroomer also sells her own inflatable monotubs that work perfectly for home growing gourmet mushrooms. You can check it out here if you’re interested.

How To Sell Gourmet Mushrooms

Once you’ve finished growing your mushrooms and cut them into their useable form, it will be time to sell them.

This is the part of the job that requires you to become a salesperson. Fortunately it shouldn’t be too difficult to convince someone to buy your amazingly fresh home-grown mushrooms.

Vegetarian and vegan consumers love to purchase fresh gourmet mushrooms from farmer’s markets, and depending on the type of mushroom you grow, local restaurants and chefs would likely be interested in your product as well.

So get out there and try and secure a spot at the local farmer’s market. Additionally if you’re able to yield a large quantity of crop, I would recommend reaching out to local restaurants and stores and seeing if you can form a relationship and become a local supplier.

How Much Money Can Mushroom Farming Make?

Monotub mushroom farmers can make anywhere from $200 to $2000 a month. The ability to maximize profits will come from the type of mushroom and amount grown.

Mushroom Farming Tips

Do your research and learn proper growing techniques
Practice good sterilization habits to prevent contamination
Different mushroom types can sell for more
The monotub technique can make mushroom farming accessible
Form relationships with restaurants, shops, and farmer’s market patrons to secure consistent sales

Mushroom Farming Pros & Cons

Pros:

Can be easily done part-time
You can eat your own mushrooms
Different types of mushrooms can sell for more
Online resources can make learning accessible
Monotub technique makes mushroom growing possible even with limited space

Cons:

Mushroom growing can be intimidating to start

There can be some startup costs if starting from scratch
Contamination can be common
Mushrooms can require time and effort to sell

#7 – Donating Plasma

Donating blood plasma may not exactly sound like a side hustle, but it is a great way to gain some supplementary income all while contributing to a good cause.

Pharmaceutical companies such as Octapharma that pay for plasma donations often run first-time deals that are exceptionally worthwhile. These deals are often created as incentives to get individuals to start donating their plasma. I would recommend doing your first month at the very least, and see if this is something you wish to continue doing afterwards.

The Octapharma plasma clinics are equipped with free WI-FI, so donating plasma is a great way to earn some supplemental income with your free time all while doing some good. If this sounds appealing to you let’s discuss the eligibility requirements for donating plasma and the risks involved.

Eligibility Requirements For Donating Plasma

To be eligible to donate blood plasma you must:

Be at least 18 years old
Weigh over 110 pounds
Be in good health
Have a valid ID

Risks of Donating Plasma

Side effects that follow plasma donation include:

Small bruising
Slight dizziness or lightheadedness
Mild nausea
Mild dehydration
Slight discomfort

Tips Before Donating Plasma

Here are some tips you should know before donating plasma:

Have 50 to 80 grams of protein in your diet
Drink water / hydrating juice before and during your donation session
Eat a healthy meal before donating plasma
You cannot drink alcohol up to 48 hours between each donation session
You must donate twice before your plasma can be used
Donors can donate plasma up to two times a week, but donations must be over two days apart
Compensation deals often require you to donate 8-to-10 times to receive the bonus

How To Start Donating Plasma

Now that you know the eligibility requirements, the potential side effects of donating plasma, and some pre-donation tips, you should know if donating plasma sounds like a fit for you. So now let’s discuss how to start donating plasma and how to obtain your compensation.

How Much Money Can Donating Plasma Make?

Some clinics like Octapharma have reward programs where frequent donators can increase their compensation or win prizes for consistently donating their plasma.

Donating Plasma Tips

Donate twice a week to maximize compensation
Utilize Apps like the OctaApp to manage visits and compensation
Hydrate and eat a healthy meal before each donation
Consider your comfort and health before donating
Develop a consistent donation schedule to stay on-track

Donating Plasma Pros & Cons

Pros:

This is a side hustle that benefits society
You can multitask while donating
The first month has compensation bonuses
Some clinics have useful Apps for managing payments and visits
Consistent donations can lead to more rewards

Cons:

There are eligibility requirements

Pay decreases after the first month
Some people are afraid of needles
You can only donate twice a week
Donating can come with side effects

More Information On Donating Blood Plasma

If you want to know more on how to make money donating blood plasma, check out my more in-depth article on donating blood plasma here.

#8 – Online Research Study Participation

While many online research survey programs just don’t compensate enough to be worthwhile, there are still a few viable options that can make online research studies a great side hustle. Websites like Respondent, User Interviews, and Recruit and Field are great websites for participating in online research studies.

While many similar sites have users fill out research surveys for 40 cents at a time, research sites such as Respondent have more extensive studies that pay much more. These studies can pay anywhere from $75-$200 per survey.

The downside is that it can be difficult to get scheduled for these type of studies, but I highly recommend occasionally trying your luck and applying for plenty of studies relevant to your being. If you develop your profile well and take some time to apply for studies across a couple of sites, you’re bound to be able to schedule at least a few worthwhile studies per month. This can add up quick and supplement your income all from the comfort of your home.

How To Get Scheduled For Online Studies That Pay Well

Now that we’ve found a few sites with high-compensating research studies, the next step is to participate in such studies. This can be difficult, as many individuals report not being accepted to studies despite being a perfect match for them.

To maximize your appeal as a study participant, make sure you take some time and fill out your profile in a professional and clear manner. This will help studies know if you are a good match for their study or not, and if you are transparent enough you may even be able to join studies for industry professionals.

Studies geared towards industry professionals often pay much more than the average study. Fortunately there is a diverse amount of these studies across these research sites. I would recommend making a habit out of checking for fitting studies. With enough effort and dedication, it shouldn’t be too difficult to join enough studies to make your participation worth your time.

If you are able to stay consistent with your search and applications, being a research study participant can turn into a decent and accessible side hustle that can really add to your monthly income.

Note: While this article is focusing on accessible side hustles, making decent income as a research participant can be a bit inaccessible if you aren’t an industry professional, don’t come from a unique background, nor have a specific condition or illness.

How Much Money Can Online Study Partipants Make?

Online research studies have been known to make participants anywhere from $75 to $800 a month. The ability to maximize profits will come from the participant’s ability to sign-up and qualify for high-compensating research studies.

Online Study Partipation Tips

Take time to put together a flawless participant profile
Consider your expertise and experience, are you an industry professional?
If fitting, search for studies relevant to your background
Make habit out of checking for new research studies on a consistent basis
Stay dedicated and participate in studies frequently to maximize your income

Online Study Participation Pros & Cons

Pros:

Many studies are 100% remote
Participation is often flexible
Studies can pay over $100 for an hour of time
Your other jobs can make you eligible for studies focused on industry professionals
You can join studies looking for participants similar to your background

Cons:

Most studies have low compensation

It can be difficult to be approved for high-compensating studies
Most studies conduct a video interview
Many studies reject participation applications without explanation

# 9 – Fiverr Gigs

This next side hustle is one that I would recommend for anyone and everyone. Creating a Fiverr gig is a fantastic way to gain some supplemental income all while working on something you’re genuinely interested in. I guarantee that any field or talent or hobby can be monetized through Fiverr.

For those who aren’t aware, Fiverr is a freelance website where you can create a gig where you supply a good or service for a set fee. This can range from designing a blog, editing videos, supplying music or beats, developing a smartphone application, doing voiceover work, etc. There is nearly no limit with what you can do on Fiverr.

Fiverr is flexible, as you will be able to set your own hours and completion timelines. So take some time and thing of what useful skills or trades you have, and get creative! The key to success on Fiverr is to use your talents to host a gig that you enjoy doing and do well.

Fiverr gigs are fantastic ways to supplement your primary income, but some even get to transition to working on their Fiverr gig full-time. Now let’s discuss exactly how to start a Fiverr gig and how to find success on the widely used service.

How To Create A Fiverr Account

To create a Fiverr gig, you’ll need a Fiverr account. Go to the Fiverr website and follow the standard account creation process.

To create a Fiverr account you’ll need to submit your name, a profile picture, a thorough description, and possibly even your ID for verification purposes. Additionally you will supply information regarding your occupation, skills, education, certifications, and websites.

Next up you’ll want to link your social media accounts to your Fiverr account. Your gig won’t be live until you meet Fiverr’s gig creation requirements, and a big part of this is verifying who you are and what skills you have.

You need to score a 65% complete rating to create a Fiverr gig. Adding a phone number, certifications, and linking all social media accounts can help put you over that 65% minimum score.

Congratulations! Your Fiverr account should now be complete and you should now be able to create your first gig! Let’s move on over to the Fiverr gig creating process.

How To Create A Fiverr Gig

Once you have your Fiverr account you’ll be ready to create a Fiverr gig. Go to your home page by clicking on your profile in the top left corner of the Fiverr website.

Next you’ll need to click on the “Create a New Gig” button at the top of your home page. After that you’ll be exactly where you need to be to create a Fiverr gig.

Selecting a Fiverr Gig Name and Category

First Fiverr will ask you for your gig name, what category and subcategory your gigs falls under, and what search tags you wish to use. Depending on the category and subcategory you selected, you may have some unique information – related to your field – to fill out here.

Take your time and make sure you fill this information out to the best of your abilities. Fiverr is full of great creators and gigs, so you’ll want to make sure your gig sounds appealing and you’ll want to make sure your tags are well suited for buyers searching for gigs similar to yours.

Customizing Fiverr Gig Packages

Now it is time to customize your packages. Fiverr allows you to create multiple packages for customers to choose from. You’ll to select a name for your package, draft the details, select a deliver time, and submit a price.

Additionally you’ll have options unique to the category and subcategory you selected, so be sure to fill those blocks out accordingly.

Fiverr Gig Description, FAQ, Requirements, and Gallery

Throughout the next few steps you’ll be filling out your Description and FAQ, requirements, and a gallery of your work. Take your time with these steps, as a well-designed and thought-out gig page is what can put you above competing sellers.

Congratulations! You now have a live Fiverr gig! This is a great way to make some supplemental income doing what you love! With any luck you’ll be able to make a name for yourself within your niche and reach higher heights than you could have ever hoped for. Good luck!

How Much Money Can Fiverr Gigs Make?

The amount of money a Fiverr gig can make depends on the good or service being offered. The average Fiverr gig however is known to make anywhere from $100 to $500 a month. The top 1% of Fiverr gigs make up to $2000 a month on average, with some successful gigs becoming even more profitable.

The ability to maximize profits will come from the quality of work produced from the Fiverr gig, and how many customers you are able to reach.

Fiverr Gigs Tips

Take time and develop your account and gig effectively
Create a gig based off something you genuinely enjoy doing
Start off small, and use Fiverr for supplemental income
Offer different packages to capture the needs of different clients
Stay persistent and build the reputation of your gig

Fiverr Gigs Pros & Cons

Pros:

Gigs can be very flexible
You can make money doing something you enjoy
Anyone can make a Fiverr gig
Options for gigs are virtually endless
You have full control over your own gig

Cons:

Only the top 1% of Fiverr gigs make over $500 a month

Many niches can be oversaturated
Other sellers may overly undercut your prices
Growing a gig can be tedious and take some time

Fiverr Affiliates

Fiverr gigs are not the only way to make money through Fiverr. Another great side hustle that revolves around the service is Fiverr Affiliates. With Fiverr Affiliates, you can get paid for referring people to other user’s gigs.

This is a great way to increase your income through Fiverr because you can start making money off of services or goods you don’t typically offer yourself.

For example, say I have a Fiverr gig where I offer to create a blog for someone. Well these bloggers may want to hire a freelancer on Fiverr to continue to create fitting article pictures for them. I can refer bloggers to my favorite graphic designers on Fiverr and earn a commission for it.

Sounds pretty great huh? Let’s jump on into the process of joining Fiverr Affiliates.

How To Become A Fiverr Affiliate

To become a Fiverr Affiliate you need to apply on the Fiverr Affiliates website.

First go to https://affiliates.fiverr.com/ and click on the green “Join Now” button in the top right corner. Alternative you can click here to be taken to the sign-up page immediately.

You’ll need to fill out some personal information and detail how exactly you will be utilizing Fiverr Affiliates. Options include content sites, SEO, social media, blogs, affiliate networks, and more.

Additionally you’ll have to detail the type of content your audience is interested in such as video and animation, business, programming and tech, fun and lifestyle, etc.

After that you’ll be all ready to go! Easy isn’t it? I was approved very quickly, so I am not sure if this varies from person-to-person or not, but with any luck you’ll be able to get started earning some commission through Fiverr immediately.

How Does Fiverr Affiliates Work?

Fiverr Affiliates recommend Fiverr gigs to others in return for a commission. If a purchase is made, you’ll receive a commission depending on the category of the gig you’ve recommended. The consumer purchasing the gig must be a first-time buyer, which means they created their Fiverr account after following your affiliate link.

How Does Fiverr Affiliate’s Commission work?

Commissions from Fiverr are based on a specific rate for different gig categories. For example, recommending a first-time buyer for these Fiverr gigs can earn you the following commission:

all Fiverr pro gigs – $150
mobile app work – $50
website building – $40
SEO – $30
illustrations – $25
and $15 for all other categories not mentioned on Fiverr CPA Commissions list

Additionally you can earn commissions for recommending Fiverr Business, Fiverr Workplace, and Fiverr Learn courses. If someone signs up for these services by utilizing your link, you’ll earn a commission. The commission rates for these services is as follows:

Fiverr Business – $100 + 10% revenue share for 12 months
Fiverr Workplace – 50% on every unlimited plan
Fiverr Learn – 30% on every course order
Fiverr Affiliates – 10% of every referred affiliate’s revenue for life

How Much Money Can Fiverr Affiliates Make?

Fiverr Affiliates have been known to make anywhere from $150 to $3000 a month. The ability to maximize profits will come from the affiliate’s ability to refer high-paying gigs.

Additionally, a Fiverr Affiliate can gain additional recurring income by recruiting other affiliates to the Fiverr Affiliate program.

Fiverr Affiliates Tips

Recommend services you trust and would actually recommend
Be knowledgeable about the type of gigs you recommend
Have a diverse catalog of gigs and gig types to recommend
Become familiar with Fiverr Business, Fiverr Workspace, and Fiverr Learn
Refer others to join Fiverr Affiliates to gain additional recurring income

Fiverr Affiliates Pros & Cons

Pros:

Fiverr Affiliates allows you to make money from other people’s gigs
You don’t need to create or offer a service to make money through Fiverr Affiliates
Fiverr Affiliates have no cap on the amount of traffic they refer to Fiverr gigs
You can gain recurring income by recruiting new Fiverr Affiliates
Fiverr Affiliates income can become 100% passive

Cons:

Commission is only made from first-time buyers

Commission caps at $150 no matter the price of the service referred
Fiverr Business and Fiverr Workspace services can be difficult to sell
You have to depend on the sellers on Fiverr to successfully fulfill the order after you successfully recommend a gig

#10 – Stock Photography

Stock photography is an accessible way to monetize a hobby of photography. Career photographers have to spend time scheduling clients and photoshoots, however stock photographers are free to take photos of anything they desire on a whim.

While stock photos rarely make a ton of income per purchase, if you build up a backlog of a ton of great photos, it is possible to make sufficient supplemental income.

How Does Stock Photography Work?

To start selling stock photos, you’ll want to create an account on many of the popular websites that house stock images. These websites include Unsplash, Getty Images, Shutterstock, iStock, and more.

On these websites you can upload images related to any category or niche and earn revenue in return for purchases or receive compensation following large amounts of downloads.

With stock photography you’ll have the freedom to take photos of anything you want and upload it onto any of the relevant stock photo websites.

This amount of flexibility makes stock photography a fantastic side hustle. Additionally you’ll be able to use your own images for your other projects and side hustles. If you have a decent camera I highly recommend giving stock photography a try.

How Much Money Can Stock Photography Make?

Stock photography has been known to make anywhere from $200 to $1000 a month. The ability to maximize profits will come from the photographers talent, photo catalogue size, and proficiency in using stock photography websites.

Stock Photography Tips

Select a stock photography website that fits your wants and needs the most
Establish an ever-growing catalogue of stock photos to maximize download frequency
Expand your catalogue with various types of photography to diversify your portfolio
Offer additional services on the stock photography website of your choice
Upload images you predict that bloggers and Youtubers could need for thumbnails

Stock Photography Pros & Cons

Pros:

Stock photography income becomes fully passive after photographs are uploaded online
Practicing photography is useful for any niche
One of the most flexible side-hustles as there are no time restraints
There are several great websites for stock images, so you can pick your favorite one to focus on

Cons:

Payouts can be low

Requires some skill in photography
Typically requires having an excellent camera or exceptional phone camera
Many photos will make no revenue at all

#11 – Vending Machines

Vending machine ownership is one of the most underrated side hustles, with many successful vending machine owners swearing by it. Most of the work involved in vending machine ownership comes from getting the vending machine placed in the first place. After that, a lot of the work would come from repairs (which you can have done for you), and restocking and money collection (which can be done during the same visit, or even by someone else).

Vending machine ownership has some start-up costs associated with it, and you’ll also have to pay for inventory. However, outside of stocking and collecting, once your vending machine is in place, it can become a reliable secondary source of income.

Vending Machines Ownership Is Not WHat It Seems

Unfortunately, vending machine ownership is not the passive source of income that it is romanticized to be on the internet. It requires a lot of work to own vending machines, and it can cost you a pretty penny if you don’t do the upkeep yourself. I personally would only commit to vending machine ownership if you will have the time and money to invest into your vending machine business, and if you will be able to conveniently restock your machines yourself.

Now if that all sounds good to you even after having a grasp of the reality behind owning vending machines, then vending machine ownership could be the perfect side hustle for you!

Note: Vending machine ownership is much more profitable if you are able to repair and restock your machines yourself. Additionally, this side hustle can be much more worthwhile if your machines are located among your usual route. This will allow you to restock your machines while going upon your regular day, thus making the job much less demanding.

How Much Money Can Vending Machines Make?

Vending machine ownership has been known to make anywhere from $45 to $2000 a month. The ability to maximize profits will come from the vending machine manager’s ability to secure opportune vending machine placements and secure several accounts.

Additionally, vending machine manager’s can increase profits by securing accounts with less costly rent or commission percentages.

Vending Machine Ownership Tips

Research prime vending machine locations in your area
Do not accept accounts that charge high rent or commission
Create a convenient route for your vending machines
Be patient and slowly form for vending machine empire
Grow and maintain relationships with local agencies to increase opportunities

Vending Machine Pros & Cons

Pros:

Varying machine prices allow for flexible point of entry
Some accounts can allow for little-to-no rent
Vending machine goods can often be found in bulk at affordable prices
Social individuals can have great luck securing accounts
Machines can have a high return on investment

Cons:

Can be more like a full-time job than many side hustles

Difficulty in finding vending machine placements vary from area to area
Machines can require frequent maintenance
Restocking and machine maintenance must be done manually

#12 – Affiliate Marketing

I know what you’re thinking. Affiliate Marketing is ALWAYS on these types of lists. However, I am not here to shove the same generic advice down your throat. I want to explain exactly why everyone should dabble in affiliate marketing, regardless of your field.

Affiliate marketing is a fantastic (and convenient) side hustle because you can use it to supplement literally anything you ever do. You love music? Write up some articles or create some Youtube videos and link some relevant products to your audience. While some niches are more profitable than others (finance vs. art), there is certainly always an opportunity to make at least some supplemental income.

Affiliate marketing isn’t just for bloggers and Youtubers however, as you can use affiliate marketing on any platform of your choice. The flexibility and freedom surrounding affiliate marketing is exactly what makes it one of the best side hustles.

How to Become an Affiliate Marketer

Becoming an affiliate marketer is the easy part, but becoming a successful affiliate marketer is a whole other story. Fortunately, I will teach you everything you need to get started on the path to success.

Here is everything you’ll need to become an Affiliate Marketer:

Accounts on affiliate networks such as Impact and CJ Affiliate’s
A website/blog/Youtube channel
Social media profiles (TikTok, Instagram, Twitter, Facebook, Pinterest)

You can’t do online marketing without an online presence. While you can do affiliate marketing with limited online presence, you’ll want to develop and grow your brand if you really want to achieve success.

I will be publishing an Ultimate Guide to Affiliate Marketing soon, and I will link it here when it is complete. There is much more to becoming an Affiliate Marketer than what I can briefly discuss in this list of side hustles. For now I will keep it short and get to the point, but I highly recommend taking a deep dive into a more detailed piece regarding affiliate marketing.

How to Grow your Audience as an Affiliate Marketer

If you want to market online you’ll want an online presence. Here is a brief rundown on how to grow your audience online so that you can get more engagements and clicks to your affiliate links.

I find that the best approach to affiliate marketing is to focus and diversify at the same time. This entails selecting your main platform for affiliate marketing, but still creating and slowly developing your presence on other platforms. For instance, I primarily focus on my blog, however, I create content on any social media account I am aware of.

Use Social Media To Grow Your Affiliate Marketing Eco System

This is a great relationship because all of my platforms can combine into an ecosystem of content. My blog can link back to my social media profiles, and my social media profiles can link followers to my blog. Brand awareness is really important, and I find that it is easier for me to work when I am surrounded by my own brand.

The best part is, if you have some success on one platform, that success can translate to the others. For example, my TikTok account has over 10,000 followers. This has been great for getting my name out there and getting attention on my website and other social media accounts. So while you likely won’t be a master of all types of content creation, you can get a decent following on a multitude of platforms if you just direct your audience efficiently.

While social media is one of the most powerful tools for affiliate marketing, let me take some time to showcase the effectiveness of having a blog for affiliate marketing.

Affiliate Marketing With a Blog

While I previously mentioned that affiliate marketing can be utilized in a ton of ways, I want to discuss it in the context of blogging. This is because I have extensive experience in this avenue, and I especially recommend giving it a shot. Blogging is a unique avenue that doesn’t get in the way of your social media growth, but it actually can enhance it, and bring a totally different audience with it.

Note: It is important to build trust amongst your followers. Do not mindlessly push products and services just to make a quick buck. Taking the time to build a connection with your supporters is a sure way to develop a following that genuinely cares about what products or services you recommend.

How Much Money Can Affiliate Marketing Make?

Affiliate marketing has been known to make anywhere from $0 to $8000 a month, with the most successful affiliate marketers making tens-of-thousands of dollars a month.

The ability to maximize profits will come from the affiliate’s ability to post content utilizing affiliate links and their ability to grow and maintain an audience.

Affiliate Marketing Tips

Avoid burnout, work at your own pace
Affiliate marketing is a number’s game, stay dedicated to building your portfolio
Build your platform and gain a dedicated following that cares about your recommendations
Utilize blogging, Youtube, and social media platforms to reach more people
Don’t mindlessly shill products. Post quality content and recommend quality products or services your viewers will genuinely enjoy. Don’t recommend anything you wouldn’t use yourself. Trust is important!

Affiliate Marketing Pros & Cons

Pros:

Absolute freedom to work as you please
You can work within any niche that fits your preferences
Great way to add another stream of income to any brand
Successful affiliate markets can make tens of thousands of dollars a month
Truly a source of passive income once the original content is posted

Cons:

It can take months to see any profit

Many affiliate marketers get burned out before finding success
Getting clicks can be difficult without a platform
Affiliate rules and conditions change often
It can be intimidating to get started

#13 – Youtube Content Creation

Youtube is fantastic platform for making supplemental income, and I highly recommend creating a Youtube channel to anyone I speak to. Youtube is a fantastic side-hustle because it perfectly supplements any other job, skill, hobby, or interest you might already have. Let me quickly share what makes Youtube such a powerful side-hustle.

Here is why I recommend that everyone has a Youtube channel:

Youtube is a great way to raise awareness of your person or brand
Any job/hobby/interest can become the niche of your channel
Youtube ad revenue is still one of the best in the business
The platform is perfect for networking and meeting similar creators
Fans from Youtube can often become loyal followers that will support your other endeavors
There are a plethora of ways to monetize a Youtube channel

Youtube is great because it is a search engine and a social platform at the same time. The platform is fantastic for networking and connecting with other creators and likeminded viewers across the globe. There is absolutely no harm that can come from increasing your online presence, and Youtube is a fantastic way to do so.

If you’re interested in creating a Youtube channel, I would highly recommend checking out my Ultimate Guide To Youtube. In the guide I go over creating a Youtube channel, growing a Youtube channel, monetizing a Youtube channel, and I also recommend every tool and service that can help you along the way. You can check out the Ultimate Guide to Youtube by clicking here.

Let’s continue on to how you can use affiliate marketing to maximize your Youtube revenue.

Affiliate Marketing Can Increase Youtube Revenue

In the last section, I mentioned that there are a ton of ways to monetize a Youtube channel. Well one of the best ways to really up the revenue of your Youtube channel is by utilizing affiliate marketing.

I went over affiliate marketing in greater detail in the last section of this article, so I will keep it brief here.

However, let me go over some reasons for why affiliate marketing is specifically great for Youtube.

Affiliate marketing is fantastic for Youtube because you can:

Recommend products and services you mention or showcase in your video
Gain additional income on top of ad revenue and video sponsorships
Form a beneficial relationship with your audience where they trust your recommendations

I highly recommend supplementing your Youtube income with affiliate marketing. This is a powerful relationship that can take your Youtube channel from a side hustle to six-figure business.

Note: As I mentioned in the affiliate marketing portion of this article, it is important to build trust amongst your followers. Do not mindlessly push products and services just to make a quick buck. Taking the time to build a connection with your supporters is a sure way to develop a following that genuinely cares about what products or services you recommend.

How Much Money Can Youtubers Make?

Youtubers has been known to make anywhere from $0 to $8000 a month.

The ability to maximize profits will come from the Youtuber’s ability grow and monetize their channel.

Additionally, Youtube is one of those platforms where you can either see no money at all, or become a multi-millionaire. It really just depends on your ability to grow your brand and utilize the network you create on the platform.

Youtube Tips

Supplement your current side-hustles by forming your Youtube channel around them
Use your Youtube channel to grow your brand and network with likeminded creators and viewers
Utilize multiple revenue streams with your channel such as ad revenue, affiliate marketing, and branded content
Focus on growing a loyal audience that trusts you over “going viral”
Keep your expectations reasonable. You don’t need to become a superstar to gain from Youtube.

Youtube Pros & Cons

Pros:

Anyone can create a Youtube channel
There is little barrier-to-entry
Ad revenue can become completely passive-income
Even small channels can make worthwhile supplemental income
Youtube is a perfect opportunity to build an audience and network with other creators
You can grow your brand by creating videos related to your other side-hustles

Cons:

Many creators give up or experience burnout

It can take a while to see any income
Starting a Youtube channel can be intimidating
Some creators may need to buy equipment to get started
Introverted individuals may struggle to start creating content for Youtube

Closing Thoughts

There you have it! 13 fantastic side-hustles perfect for gaining supplemental income. While not every side-hustle on this list will be a match for any one person, I hope that at least a couple of them were interesting to you.

Whatever side-hustle (or side-hustles) you choose, it is important to do your research and learn the do’s and don’ts of the trade. This can avoid future headaches and help set you on the path of success.

Feel free to share any additional side-hustle ideas in the comments, and reach out to me if you have any additional questions, thoughts, or concerns. I’m always here to help!