5 Lucrative Side Hustles You Can Start Today

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StrategyDriven Entrepreneurship Article | 5 Lucrative Side Hustles You Can Start Today

Who couldn’t do with making a little bit of extra money? Times are tight for everyone right now, and it’s understandable you may be looking for a side hustle to fit around your full time career. There are countless people that have found highly lucrative ways to earn some passive income on the side, using their free time to start businesses, sell goods, or work second jobs.

Whatever your current situation may be, there are ways you can boost your bank balance and make the cost of living crisis a little bit easier for you and your family.

Here are five lucrative side hustles you can start right away.

Create products

If you have a creative eye, there is no reason you can’t put your skills to good use in making a bit of money. Plenty of people make significant earnings by creating products and selling them through online marketplaces like Etsy. If you know how to make jewelry or household ornaments, the markup on these items can be enormous. Alternatively, if your skills are more practical, such as carpentry, you could help homeowners by creating furniture or other essentials.

Become a delivery driver

Delivering takeout food is easy work, and the great thing is, anyone can do it. Some companies will provide a vehicle, while others may require you to have your own. But either way, it is easy enough to earn money from driving around in the evenings to hand people delicious pizzas and Chinese food. Not to mention the huge amount you can make in tips, especially around Christmas.


Register as a notary public

Becoming a notary public may not be something you’ve ever considered, but it can be an incredibly rewarding way to earn a passive income. A notary public serves as a witness to the signing of official documents and records. Your main responsibilities are to be present for the signatures and ensure each party knows exactly what they are signing. Notary publics are often called in for the signing of marriage records, birth certificates, death certificates, and real estate contracts. You can pick and choose your hours around your current schedule, and you’ll have a whole load of notary supplies with you to command respect and authority.

Sell a service

Do you have a particular skill you are good at? Maybe you’re handy with a set of tools, or you’re a keen gardener. Or perhaps you are knowledgeable about hairdressing or looking after animals. Whatever your particular talent, maybe you can find a way to sell your service to people within your community. Put up ads in public spaces and post on local Facebook groups to attract interest. Let people know the services you are offering as well as your rates and soon the requests will come flooding in.

Blogging

Making money through blogging is a bit of a long game, but it can really pay off if you’re a skilled writer. If there is a topic you are knowledgeable and passionate about, why not create a website and start blogging right away? Your blog could be on any topic of your choice, from travel to beauty to sports. Once you gain enough popularity, you can start earning money through advertising, sponsorship, and paid promotional opportunities.

How to Make Money from an Empty Home

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StrategyDriven Entrepreneurship Article |Make money from an empty home|How to Make Money from an Empty HomeThe property market is in a terrible state right now because of economic factors. But there are still some viable ways you can make money from an empty home between waiting for tenants.

Consider Selling It in Its Current Condition

An empty property, residential or commercial, will lose you money. And you still have to pay your mortgage whether it’s engaged or not. Therefore, consulting with Altona conveyancers might be worth considering before biting the bullet and selling a property, rather than holding on to it and potentially facing greater losses. Property law firms can help you with the conveyancing side of things. And your real estate agent can take care of other formalities and advise you moving forward.

Use the Land for Parking

If your home is in a great spot and has its own land, you can create profit by renting out the land around it for parking. This can be done for offices or services in your area. Still, even neighbors might be prepared to pay to park close to their own homes. In some places, parking is hard to find, so if you have the land, parking can be a profitable business. But you will need parking enforcement agencies that may be able to help you out when people park without paying.

Make Money from an Empty Home with Storage

A property that is for sale has something you would never think of. It includes space. And space is a valuable item that can bring in a significant amount of money. Most folks have too many belongings and are constantly searching for places to put them. You can give a friend or family member the sole use of your home to store their things. Or you could put in safe lockers and turn rooms into secure units. Of course, there will be a cost for things like security cameras.

Rent it Out as a Vacation Home

Depending on how it looks, it could take more than a year for a house to sell. You can, of course, get help attempting to sell it or wait for a tenant if you want to rent it out. Property management services know how to set up homes for rent, find tenants, and keep track of rent. But there are a lot of people looking for places to stay near attractions, national parks, and beaches. With sites like Homestay, you can make money in the vacation rental market.

Use Your Property for Good Causes

If your house is safe and well-kept, you can consider letting various support groups or charities use it for good causes. This is a great way to prevent losing a lot of money on a property while you wait for a bid or a new tenant. You could, for example, give your property to a charity that helps people who are being abused leave their relationships. Or, it can be used as a place for Foster children and wards of the state to stay in between finding a permanent placement.

Summary

You will lose money when a home is empty. But you can make money from an empty home in various ways. These include selling “as is,” renting parking spaces, and assisting local charities.

How To Make Money Online With No Or Little Money

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StrategyDriven Entrepreneurship Article |Make Money Online|How To Make Money Online With No Or Little MoneyYou must have heard or know people making a living from working online. You may also want to do the same but don’t know where to start. The sea of information out there may be doing you more harm than good and only adds to your confusion. The truth is that hundreds of companies offer legitimate online work, and some are even looking for people to recruit.

The good news is that many online work platforms don’t require you to invest. You just need to be skilled. Some strategies to make money online require self-motivation, while others do everyday office tasks remotely.

Below are some ways you can legitimately earn online with little or no money:

Participate In Online Surveys

Money earned doing online surveys can’t replace a full-time job’s income or provide you with instant financial freedom, but it can give a slight financial boost to pay small debts. Start by researching the best survey sites that have the most positive feedback. After deciding which online site to opt for, you need to register, and you’re in. The survey companies will then pay you to express your thoughts on numerous topics, products, or services. However, you should reach the specified threshold to cash out your earnings.

Be A Virtual Assistant

If you’re good at planning and organizing, then a virtual assistant job is right for you. Being a virtual assistant involves various tasks for individuals or businesses, such as making and receiving phone calls, managing their social media pages, and responding to emails.

As businesses continue to grow and new work trends emerge, there has been a sharp rise in virtual assistants’ demand. You can apply for these jobs through online platforms like Indeed and Upwork. If you want to make it as a virtual assistant, you must market yourself effectively.

Sign Up For Transcription

With the development of AI, it may seem that speech-to-text transcription no longer requires human involvement. Indeed, nothing could be further from the truth. Artificial intelligence in that area is still far from perfect. That’s why many companies still rely on transcriptionists to convert audio from video and speech files to accurate text. Typically, as an online transcriptionist, your earnings will be determined by your speed.

Transcription jobs are paid by an audio hour. The length of time it takes to transcribe an audio file depends on factors such as the volume level, the clarity of the recording, and the speaker’s accent and speaking speed. Most employers will accommodate your scheduling preferences, and you won’t have to pay anything upfront to get hired. All you really need is access to a computer and stable internet. However, you should have top-notch communication, writing, and typing skills.


Join An Affiliate Program

If you have marketing skills, you can earn commission by promoting services, brands, or products on various online platforms. Once you’re hired, you’ll share your affiliate link with others, and when someone purchases through your link, you earn a commission. Being an affiliate marketer, there’s no limit to the products you can promote. The more you sell, the greater your earnings will be.

You’re also free to partner with multiple companies. However, each business will provide you with a special affiliate link. Creating a blog with high-quality content can drive traffic in your direction. You can then advertise your products in your blog posts and strategically place your affiliate links on the blogs’ pages. To be an affiliate marketer, you’ll just be required to sign an agreement with the companies whose products you promote.

Start A YouTube Channel

Nowadays, launching a YouTube channel dedicated to virtually any interest is free. Just upload content regularly to educate or entertain your viewers. The greater a video’s subscriber count and overall views, the more money it can make. Once you get a specific number of subscribers, you can monetize your channel by partnering with brands on sponsored content and retail sales.

To build a loyal and robust audience, focus on a specific niche. There are many topics to choose from, including travel, fashion, product reviews, or even sharing knowledge on a subject you are well conversant with. To keep your business successful, you need to stay abreast of consumer trends and preferences. Though you might not gain followers right away, you can expect your fanbase to expand rapidly if you remain consistent. As you become a monetized YouTuber, you’ll make passive income consistently.

Conclusion

Be wary that there are just as many scammers, bogus agencies, and fraudsters as there are legitimate ways to generate money online. So, it would be best if you were more cautious of online job sites requiring you to pay registration fees upfront or insist on having your personal information before accessing it.

However, you shouldn’t let this stop you from taking advantage of the possibilities. Therefore, before committing to any online service, ensure you do a thorough background check to be safe.

From Starter Home to Passive Income: How and When to Sell Your Real Estate Investment

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StrategyDriven Entrepreneurship Article |Passive Income|From Starter Home to Passive Income: How and When to Sell Your Real Estate InvestmentThere are a lot of factors to consider when deciding whether or not to sell your real estate investment. In this blog post, we will discuss some of the pros and cons of selling, as well as when is the right time to make the sale. We will also provide some tips for making a successful sale. So, whether you are just starting out in real estate investing or you have been at it for a while, read on for information that will help you make the best decision possible!

Pros of Selling Real Estate Investments

The primary benefit of selling real estate investments is that you can turn a profit from them. Depending on the market and other factors, this could be substantial. Additionally, if you have been investing for a while and are ready to move onto something else or diversify your portfolio, selling can allow you to do so without taking an enormous loss.

Cons of Selling Real Estate Investments

On the flip side, there are some drawbacks to consider before putting your property up for sale. First off, finding a buyer may take longer than expected; it’s not like flipping a switch and getting instant cash! Furthermore, depending on where your property is located and what condition it’s in, you may not get the full worth of your investment back. Finally, there are closing costs and taxes associated with selling real estate that you need to factor into the equation.


When is the Right Time to Sell Your Real Estate Investment?

The right time to sell a real estate investment depends on your individual circumstance, but generally speaking, it’s wise to wait until market conditions are in your favor before listing a property. This could mean prices have gone up significantly or even that interest rates are low so potential buyers can afford more. Of course, if you are feeling overwhelmed by managing an investment or want to diversify a portfolio quickly, then it might be best to pull the trigger sooner rather than later.

Tips for Making a Successful Sale

When the time comes to sell your real estate investment, there are a few tips you can use to maximize profits and make sure the process goes smoothly. First off, make sure all of your paperwork is in order so that everything from inspection reports to mortgage payments is documented and ready for a potential buyer. Additionally, if you’re feeling overwhelmed by the process or don’t have the right skillset, it may be beneficial to hire an experienced agent who can handle negotiations and market your property effectively. Also, the help of Sunnyside Title agents can simplify the process and make sure everything is handled legally. Finally, set realistic expectations – understanding what buyers will pay in the current market will ensure that you don’t get disappointed with any offers that come in.

As you can see, there are a lot of considerations to make when deciding whether or not to sell your real estate investment. Weighing the pros and cons, waiting for the right market conditions, and utilizing helpful resources are all important steps in the process. With that being said, it’s never a bad time to seek professional advice.

Simple Ways To Modernize Your Business Now

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StrategyDriven Entrepreneurship Article |Modernize your business|Simple Ways To Modernize Your Business NowModernizing your business should always be one of your main priorities, as you need to make an effort to keep up with your competition if you’re going to stand any chance of thriving long term. Fortunately, this guide contains some of the best steps that you can follow to ensure your company can remain on top of its game for years to come, and it couldn’t be easier to get started today.

So, what are you waiting for? If you need to drag your business into the 21st century but just don’t know how to begin, then simply read on to discover some of the most effective tips and tricks that you can make the most of now! You’ll be so glad you did.
Upgrade Your Tech & Systems

One of the best ways to ensure your business can become as modern and up to date as possible is to upgrade your technology and systems on a regular basis. Maintaining the same computers that you and your team have used for more than 2-3 years will no doubt cause you unnecessary problems, as you’ll be stuck with slow processing speeds and an increased likelihood of crashes and subsequent time loss. Unfortunately it’s all too common for tech giants to maximize built-in obsolescence, meaning that their devices or systems are made to have a short lifespan that breaks or fails around the same time a new version pops onto the market. Though this is totally unethical and is essentially the reason why we are being troubled with so much pollution and chaos across the globe, it’s something that you can’t change as an individual or business, so you simply have to ensure that you don’t fall into the trap of being stuck with low quality tech for decades. It’s a good idea to get your tech on contract hire or leasing rather than buying devices outright, as this way you tend to have an option within your contract to upgrade when a new option with new features gets released. This is harder when you own all of your tech, as you’ll have to sell it before you can go about sourcing a newer, better alternative.

Change The Way You Hire

The staff that you hire for your business can either help you to drag your company into the 21st century, or force you to remain in the past. You need to take the opportunity to change the way that you hire, as things just aren’t the same as they were as little as 5-10 years ago. From digital transformation recruitment to an increased focus on accessibility and equality, there are new rules and recommendations that you should look into to ensure your team is one that’s ready for whatever the future may throw at you. Changing the way that you hire doesn’t mean that you need to do nothing but choose going staff as this isn’t the solution!

Modernizing your business today has never been so easy with these informative ideas pointing your in the right direction.