10 Profitable Side Hustles You Should Look Into This Year

The last 10 years has forced many people worldwide to consider getting a side hustle or remote work. From content creation to Dropshipping, pet sitting, and ecommerce, there seems to be an endless list of what people are doing just to complement their income and become financially stable. Some people have gone to the extent of resigning from their regular day job to fully concentrate on their side hustles when they discovered how profitable and sustainable those businesses were. Whether you are struggling financially to meet up with bills, or you lost your job due to company downsizing, there is always a reason to consider a side hustle.

It gives you that added financial strength to take care of your needs and you can set your own time and target. Below are some of the best side hustles you may want to consider, especially if you already have the skills or ready to learn them.

1. Bookkeeping

If you have a knack for numbers and the appropriate certifications, bookkeeping can be a flexible home-based job. Specializing in a niche market and understanding relevant regulations can help you stand out. Platforms like LinkedIn and Paro.ai are useful for finding clients. This is an ideal side hustle for those already into accounting or related profession or those willing to learn the skills to operate as a bookkeeper.

2. Social Media Consulting

For those adept at platforms like X (formerly Twitter), TikTok, and Instagram, offering social media consulting services can be lucrative. By creating engaging content and analyzing engagement metrics, you can help businesses grow their online presence. Upwork and Freelancer.com are good starting points for finding clients. This side hustle also requires some dedication and learning skills but it is simpler than you thought.

3. Virtual Assistance

Virtual assistants handle various tasks, from managing schedules to editing photos for ad campaigns. Depending on your skill set, you can earn up to $50 per hour. Websites like Belay and Robert Half list opportunities for virtual assistant roles.

4. Resume Writing

If you have experience in hiring or recruiting, résumé writing can be a profitable side hustle. Specializing in specific industries, such as IT or healthcare, can make your services more valuable. Consider offering your services on platforms like Fiverr and Upwork.

5. Medical Coding

Certified medical coders can work from home, reviewing records for accuracy and assisting with data entry. Opportunities can be found on LinkedIn, Fiverr, and Indeed, as well as through networking with local healthcare organizations.

6. Online Retail

Starting an online store allows you to sell products without handling inventory, especially if you partner with a Dropshipping company. This setup lets you focus on product development and marketing while the partner handles production and shipping.

7. Participating in Focus Groups

Companies often seek consumer opinions through focus groups, many of which are now conducted online via platforms like Zoom. These sessions can pay hundreds of dollars. Additionally, sites like Branded Survey offer paid surveys that typically take 5 to 15 minutes to complete.

8. Website Testing

Website testers provide feedback on user experience, helping companies improve their sites. Platforms such as Trymata and uTest offer opportunities to earn up to $30 per website tested.

9. Tutoring

While teachers are in high demand for tutoring, individuals with expertise in specific subjects can also find opportunities. Online tutoring allows you to share your knowledge and earn income from home.

Conclusion

These side hustles offer flexibility and the potential to supplement your income from the comfort of your home. Whether you have specialized skills or are looking to explore new opportunities, there's likely a home-based side hustle that suits your interests and expertise.