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Nairaland Forum / Nairaland / General / Jobs/Vacancies / The Best Side Hustles (328 Views)
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The Best Side Hustles by newbox3030(m): 6:27pm On Jul 06, 2021 |
The best side hustles of can help you increase or diversify your income. Some of them can turn into a full-time business, but all of them can help you work towards your financial goals. But, the thing about side hustles is that not all of them are created equal. For example, answering online surveys for $1-$4 per hour is a mindless way to make money, but it’s trading time for an incredibly small amount of money. Another would be MLMs (multi-level marketing), they usually have a huge buy-in, like hundreds of dollars. Plus, they have questionable business practices that can put you in danger if you’re a partner. So, what does make for a good side hustle? Great question! The best side hustles have a few things in common: == Scalability. The goal is to have a side hustle that can grow, and grow when you have the time to invest in it. You might have a few extra hours one week that you can use to increase your earnings, but you won’t hurt your business if you can’t work as much the following week. == Bootstrapping. This just means that you can start your side hustle with skills you already have, or the skills needed are easily accessible to all. == Flexibility. Side hustles are notorious for happening outside of normal business hours, where the “side” part comes from. The idea is that they should fit into your life, whether you have kids, multiple jobs already, are in school, etc. == Low cost of entry. A good side hustle is one you can get off the ground with a minimal financial investment. We’re big fans of investing in yourself, but when it comes to side hustles, you want to know that you can turn that investment around quickly. The higher the cost, usually the longer it takes. The majority of the side hustles on this list will check all of those boxes, and as you read on you’ll understand why the ones that don’t are still listed. Here are 8 of the best side hustles https://www.websupportmail.com/the-best-side-hustles/
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