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  • Before we get into this video, I have something very exciting I want to share with you.

  • It's around this time of the year where everyone starts setting their New Year's goals.

  • But only 80% of people actually go on to achieve them.

  • Whether it's starting a side business, saving more money, learning a new skill, they end up in this frustrating cycle of setting new goals every year but never quite reaching them.

  • Why?

  • Because it's not just about hard work or willpower.

  • And more often than not, their money system is completely out of sync with their goals.

  • And that quiet misalignment is what's ultimately holding them back.

  • That's why on Sunday, January the 5th, I'm hosting a completely free 75-minute workshop to show you exactly how to use your money to achieve your goals this coming year.

  • If you want to join, it's completely free.

  • And you can reserve your spot by going to nisha.me forward slash design your 2025.

  • Now let's get into the video.

  • I recently made a video on nine income streams that I started in the past two years.

  • And since then, I've received so many comments and messages for more side hustle ideas.

  • And so in this video, I'm going to share 10 of what I believe are the best side hustles for the year ahead.

  • And I've categorized them into digital, service-based, and creative side hustles.

  • I've also given each idea a ranking in terms of time investment and how hard it is to earn your first $100.

  • Plus, I'll share real-life examples along the way so you can get a realistic idea of what's possible.

  • Let's start with digital side hustles.

  • These are perfect for you if you want to make money online without leaving your home.

  • To do this, here are some of the strongest ways that I've found.

  • Firstly, AI content creation services.

  • I specifically mentioned AI because it has massively lowered the barrier to entry for creating content.

  • It's now easier than ever for people to create high-quality content for other businesses without having years of experience.

  • There's tools like Jasper AI, Mid Journey, ChatGPT that allow you to create blogs and social media posts and marketing copy and even product descriptions very, very quickly.

  • And this is where the gap is.

  • There's so many businesses that need content but simply just don't have the time or the expertise to create it themselves.

  • Small business owners in particular, they're juggling so many tasks at once.

  • They know how important good content is for bringing in customers but it's just not a priority when they're so busy running the business.

  • So this is where you could come in and step in and do this for them.

  • In terms of time intensity, I give this a two out of five.

  • Setting up and mastering AI tools might take a little bit of time at the start but content generation after can be fast.

  • Difficulty to earn your first $100, I give this a three out of five.

  • The key is to find your first client that you could then use to build your portfolio and that would require outreach to start with.

  • Number two, an online course.

  • Online courses are a really powerful side hustle because they leverage your existing knowledge and let you turn it into passive income.

  • And there are so many tools and platforms that let you do it without having an audience.

  • Even before I had a sizable audience, I had courses on Skillshare which I was earning money from.

  • So in terms of how to get started, firstly, I'll start by identifying a skill or an area of expertise that you feel confident about teaching that people come to you for advice on.

  • Secondly, I'd validate your idea by researching popular courses on popular platforms and also using surveys and having conversations with friends and family to refine your topic.

  • And then once you finalize your idea, you need to actually create your course material.

  • So brainstorming your curriculum, scripting your lessons and recording your content.

  • In terms of time investment, I give this three out of five.

  • Creating a high quality course could take months but once you've done it once and set that up, it could generate passive income for you continuously.

  • In terms of difficulty to earn your first $100, I give this a three out of five.

  • Success really depends on the demand for your topic and the marketing efforts.

  • You don't need to have an audience.

  • You can also run, for instance, targeted ads or create a course and put it on a platform that already has viewers coming to it.

  • But having an audience still fast tracks this.

  • Number three, virtual assistant services.

  • More and more businesses are looking for virtual assistants and it's not just online businesses anymore.

  • It's also physical businesses that are outsourcing.

  • I was recently speaking to my dentist and they told me that they have a virtual assistant handling all of their customer follow-ups completely remotely.

  • As a virtual assistant, you take on tasks like scheduling appointments, managing emails, handling customer service, or even running social media accounts.

  • The role is really quite flexible and allows you to tailor your services to your strengths.

  • In terms of time needed, I give this a three out of five.

  • You'll need time to manage clients but work can be flexible.

  • And in terms of difficulty to earn your first $100, I give this a two out of five.

  • If you put your services on the right platform, it could be quite easy to find your first client.

  • Number four, digital products.

  • Creating and selling a digital product is such a good way to earn passive income with very little upfront investment.

  • It could be an ebook about something you're passionate about.

  • It could be a CV template.

  • It could be a budget tracker.

  • There are so many ways to turn your skill into an income.

  • A great example here is this person called Tim who experimented with selling digital products on Etsy and in the span of his first 90 days, he earned a total of around $800.

  • It might not sound like a groundbreaking amount but knowing that you've just earned that completely passively with location and time freedom, it's such a fulfilling feeling.

  • I remember when I first sold my digital product, which was a CV template and I was selling it for $20 or the equivalent.

  • And when I made my first sale, I was in a car when I saw the first checkout and I thought, I just made that completely passively.

  • I wasn't even at my desk.

  • I wasn't even doing anything.

  • Someone just saw my CV template and bought it.

  • And the profit margins are so high because you just need to create it once and then you just keep on selling it.

  • In terms of time intensity, I'd give this a three out of five.

  • It's pretty easy to create a digital product if you know what you're doing and you're utilizing your skill.

  • In terms of earning your first $100, I give this a four out of five.

  • If you're using a platform like Etsy, you are competing with pretty much millions of other sellers.

  • But if you have your own marketing strategy and you know exactly how you're selling your product, it's a lot easier.

  • And that is where I wanted to also introduce today's sponsor, Build Your Store AI.

  • If you've been wanting to start your own online business but you're getting stuck on the technical setup or the complexity of managing an e-commerce store, Build Your Store AI removes those barriers.

  • It automates the hardest parts of launching an online business from setting up your store and design to product optimization.

  • Everything is done for you and you just need to focus on the marketing.

  • Head over to Build Your Store AI.

  • I'll leave a link in the description as well.

  • Click Build Your Free Store to get started.

  • The first step is to enter your name and email.

  • Then choose your niche.

  • Choose the one that aligns with your interests so that's easy for you to promote in the long run.

  • Next, pick your design from the available option and tailor it as you need.

  • And then once you're ready, connect it to Shopify which currently offers a three-month free trial.

  • And then start selling with your own or pre-selected proven winning products.

  • What's even better is that Build Your Store AI comes with an app that can automate inventory management and fulfillment.

  • So you can spend more time focusing on growing your business rather than handling all the logistics.

  • What I love about this is that the platform walks you through everything step by step so you don't need much time or technical knowledge to get started.

  • Just go to buildyourstore.ai or click the link in the description below.

  • Thank you Build Your Store AI for sponsoring today's video.

  • Now moving on to service-based side hustles.

  • And this is for those of you who prefer connecting with others and being a bit more hands-on and working with other people.

  • First is coaching or tutoring services.

  • People are always looking to learn and improve their skills and offering personalized coaching service one-to-ones is a really good way to monetize your expertise.

  • It can be one of the most lucrative side hustles when it's scaled because people pay a lot for one-to-one coaching.

  • For example, Joanna Lott who's a business coach who instead of attracting a big audience to sell her coaching to she's gone for a very niche approach.

  • She sells a mix of personalized coaching programs and digital marketing strategies and she now charges £6,000 for one of her six-month one-to-one coaching programs where she helps people turn their passion into a profit.

  • And she's creating content around this for people to find her.

  • So to do this, think about the topics that you are passionate about.

  • What are you always talking about?

  • What is the content that you keep consuming?

  • What are the things that your friends and your family and your colleagues always come to you for?

  • Then do some research on if this has a market.

  • So I'd recommend to start simply offer a candidly link where people can pick your brain for just 30 minutes about your niche topic for $50 or $100.

  • Launch it to your friends and family on your Instagram account or on your LinkedIn account and you'll quickly find if there is a demand for this.

  • And if there is and you've got enough happy clients that's evidence of an existing market and also testimonials for the value you can provide.

  • In terms of time needed, I give this a 4 out of 5.

  • These sessions can take up a lot of your time.

  • It is active income.

  • And in terms of difficulty to earn your first $100, I give this a 3 out of 5.

  • You want to price it correctly, especially when you're starting out to not scare people off if they don't even know you can deliver on what you say you can offer.

  • Then we have event planning services.

  • People are constantly organizing events from personal milestones like birthday parties to weddings to business-focused corporate meetings and conferences.

  • As an event planner, you're essentially taking away all the organizational stress for that company or that person.

  • And people are willing to pay a lot of this to outsource that stress, especially when it comes to weddings or huge events.

  • For this, I'll start small, offer to plan events for families or friends to build your portfolio to get the photos and be able to showcase what you can do.

  • Then build your networks to collaborate with local vendors, caterers, photographers, florists, have reliable contacts that can make event planning smoother and more efficient.

  • And then offer and expand your services.

  • Once you've established a portfolio, take on larger events, weddings, community functions, gatherings, and market your services along the way, sharing your photos and testimonials on Instagram, Pinterest, LinkedIn.

  • If you like event organizing, then this can be a really fun way to turn your passion into a side hustle.

  • In terms of time needed, I actually give this a 5 out of 5.

  • Event planning can be very, very time intensive and fully active income, unless you hire a team to do or outsource that for you.

  • In terms of difficulty to earn your first $100, I give this a 2 out of 5.

  • It's possible once you've built up your portfolio and landed your first client.

  • And if your services are good, this is something that you can grow fast through word of mouth.

  • And then we're moving on to creative side hustles.

  • If you're inspired by the idea of getting to express your creativity through your work, then creative side hustles are for you.

  • I'm going to start with video editing because the more people I speak to, the more people I'm hearing want to get into content creation and are looking for a good editor.

  • With the explosion of content creation comes the demand of video editing.

  • And in fact, this was the first thing I hired for as my channel grew.

  • Businesses, creators, influencers all over the world are willing to pay for good, edited, polished, engaging videos.

  • Personally, my video editor reached out to me with a sample of one of my videos re-edited, sent me an email, I gave them a shot, and I've been with the same editor for nearly two years.

  • They started part-time and now work for me full-time.

  • To start with, you can apply a similar approach.

  • Reach out to your favorite YouTuber or to other small businesses and offer them a sample of the editing work that you can do for them.

  • In terms of time intensity, I give this a four and a half out of five.

  • I used to edit my own videos and it can take a longer time, especially if you're looking for more advanced graphics.

  • In terms of difficulty to earn your first $100, I would say two out of five.

  • There's a really high demand for entry-level gigs depending on the market.

  • Next, we'll move on to web design.

  • Every business needs an online presence and not everyone has the skills or the time to create a professional-looking website.

  • Web design is a lucrative side hustle with potential for recurring income through also having maintenance services attached to it.

  • Link started his WordPress development and SEO company with only $30 in initial costs and grew it to generate $263,000 by 2021.

  • His business grew organically through referrals and SEO, basically showing how your small startup can scale even with a very minimum upfront investment.

  • In terms of time intensity, this is a four out of five.

  • Designing and testing can take a lot of time.

  • In terms of difficulty to earn your first $100, I'll rank this a three out of five.

  • Local businesses are often open to hiring depending on how you approach this.

  • It essentially comes down to how you market and sell yourself.

  • Then graphic design.

  • Graphic design is at the heart of branding, marketing, digital content creation.

  • Businesses all need logos.

  • They need social media graphics.

  • They need promotional materials and it makes graphic design reliable and a rewarding side hustle.

  • Will Patterson, for example, his journey began as a teenager teaching himself Photoshop.

  • He learned logo design and branding and started sharing his work online while studying business admin.

  • Fast forward to today, he runs a branding agency that is all based on his design services.

  • In terms of time needed, three out of five, depends on how complex the project is.

  • Difficulty to earn your first $100, two out of five.

  • There is a really high demand, especially for entry-level services here.

  • And writing.

  • Writing for businesses can be highly profitable with the right approach.

  • Businesses of all sizes need quality content to engage their customers, build their brand, drive sales.

  • But again, most people don't have time to do this.

  • If you can offer your writing services in terms of website copy, product descriptions, email marketing.

  • With the rise of AI, I'll say that the demand for writing has reduced.

  • But if you can offer this as a service with research or with marketing and prove how your previous writing has increased conversion or increased open break for emails, and that's what's going to really make you stand out when it comes to finding a client.

  • In terms of time needed, three and a half out of five, depends on the project and the research required.

  • In terms of difficulty to earn your first $100, three out of five.

  • There's higher earning potential with recurring clients.

  • So those are some of what I believe are the best side hustles to try out.

  • If you like this video, you might also enjoy this video right here, which is more of a step-by-step guide in how to start a side hustle without quitting your nine to five.

  • Thank you so much for watching.

  • Don't forget to subscribe.

  • If you haven't already and see you there.

Before we get into this video, I have something very exciting I want to share with you.

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