Paid Skills

Going from a Wantrepreneur to an Entrepreneur takes a lot of hustling. Regardless of who you are, either a striving college student to a single mother raising her family. It will take lots of time and dedication to obtain your goals.

We’ve noticed that starting a side hustle to help raise your income is an important step in improving your own lifestyle. Of course, with todays growing economy and technology advancements the opportunities are endless. Some take more utilizing than others, however we’ll leave it up to you to find what works for you!

A few opportunities for those newbies out there…

  1. Amazon FBA – Private Labeling

Breaking into the ecommerce sector can often be nerve wracking for someone with little to no business experience. Even for someone who has years of business experience, the process can still be a little tricky. That being said, it doesn’t actually have to be that way. The Amazon FBA (Fulfillment By Amazon) service is a great business model to start off with to ease the learning curve of starting an ecommerce business from scratch.

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2. Shopify – Drop Shipping

Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers the customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.

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3. Freelancing on Fiverr

Fiverr helped give birth to the Gig Economy. Although services start out at $5, some Fiverr sellers are earning six-figure-plus revenues annually. You can sell just about anything on this platform, but to succeed and become a Super Seller, you need to deliver massive amounts of value, even at those lower price-points. You can be the consumer or producer in this case where you become a freelancer to offer others your skills.

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4. Rent your spare house/room on Airbnb

Offering flexibility and an added revenue stream, Airbnb hosting can be a tempting opportunity for homeowners. Make money off space you’re not using? It seems like an obvious way to get the most from your home buying investment.

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5. Become a driver (Uber, Lyft, etc..)

Those of us looking for a way to escape the mindless rat race have found sanctuary in the rideshare business. Being able to set your own hours and answer as many rideshare requests as you wish is liberating. Other perks, such as taking a break whenever and earning as much as you need, are simply icing on the cake compared.

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6. Stock Market

Stocks have offered the most potential for growth. US stocks have consistently earned more than investment-grade bonds over the long term, despite regular ups and downs in the market.

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7. Real Estate

Everyone should own at least one house or a piece of property. One of the many benefits of investing in real estate is being able to generate wealth through appreciation, building equity, and hedging against inflation. It can also provide cash flow with passive income from rental properties.

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Hope this helps get you guys started, or at least helped you find your own starting base. Remember these tactics are not get rich quick schemes. These take lots of hard work and dedication.

Good luck and hustle on!