Are Online Side Hustles Worth It?

counting money

Online side hustles are tempting, especially if you could do with an extra couple hundred bucks a month and want to fill up a few extra hours. What’s more, there are plenty of ways you can (theoretically) make money online.

However, before moving on I would really like to get one thing straight:

There’s no such thing as ‘quick’ money.

The Internet is full of promises and most of them are bogus. Generating cash isn’t impossible but having a plan is still paramount. Even as a fulltime worker, you’ve got to think of yourself as a business. Naturally, that means having a business plan.

Sounds boring, doesn’t it?

Or maybe it’s a lot more effort than it’s worth…

Well, tough luck. That’s business.

Not to discourage you, of course. Having an online side hustle can mean exercising your abilities in a totally different area. If you’re particularly talented at something, it could mean making “easy” money (to an extent) just for doing something you love.

Anything is possible, but where to begin?

Online Side Hustles: Finding one that suits you

What are you good at? If you’re only so-so at coding/programming, even intermediate coding tasks/jobs won’t bring in much profit. Sure, you’ll learn and practice (not at all a bad thing – in fact, I’d encourage it if you want to perfect your skill) but you won’t see much financial return on your time investment.

On the flipside, if you’re a whizz at Photoshop there may be quite a few lucrative side gigs for you.

Can you throw together a couple of images to a high standard within a short space of time? That’s an online side hustle that can prove to be very profitable. Are you great at creating snappy headlines or writing killer blog posts within minutes?

What about explainer videos: can you shoot/edit one in less than hour – a well-made one, that is?

In short, the best online side hustles are those that can net you a reasonable sum of money in a short amount of time.

If you are stuck for ideas, maybe consider the following (online) roles:

  • Writing advertising copy for small companies and businesses who need it. Since people need copy that converts, this will always be in demand.
  • Social media management is great if you’re good at planning, strategizing and implementation. You may also have to engage with customers. You can do it for prolific bloggers, companies, start-ups…etc.
  • Creating simple websites can definitely be lucrative if you’re able for it and can do it in accordance with a customers’ needs.
  • Basic or advanced video & image editing work is always in demand. Creating/editing a video here and there can land you a few dollars in your account.

What about paid online surveys and other sources of side income?

Now I have to be blunt. The vast majority of these online side hustles are shit. The likes of Amazon’s Mechanical Turk, Paid Online Surveys and “micro tasks” (whatever…) pay an absolute pittance. You are better off investing time setting up a more specialized and in-demand side hustle and doing some basic marketing (go on Upwork, Fiverr etc.). It won’t bring you money straight away, but then again “get cash quick” will always remain a pipe dream.

Conclusion

With online side hustles, you become a mini-freelancer. You’re setting up a small side business and you need to let people know about it. You should also consider your network. If you’re on social media, ask around and say that you’re offering your skills in a certain area. You may be surprised by the response.

So are they worth it? Absolutely: if you play your cards right and know when and where to hustle.

Author: TheFinalMonsoon

Liam is a digital strategist and copywriter, passionate about the fast-paced world of digital media and remote working. See his portfolio at liamhennessy.co

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