6 Side Hustles Students Can Start in 2024
Are you a student looking to make some extra money? Side hustles can be a great way to earn additional income and gain valuable skills. In this article, we will discuss six side hustle ideas specifically tailored for students. These ideas can also be applied by anyone looking to make extra money. But before we dive into the side hustle ideas, let's talk about the philosophy behind making money.
The Value of Providing Value
The key to making money is providing value to others who are willing and delighted to pay for that value. This is the first law of making money. It's important to understand that there is no magic bullet for making money. It requires developing a skill and understanding the principles of how money works. While it's easy to skip ahead and look for side hustle ideas, it's essential to recognize the skill of making money as a whole. Once you grasp these principles, you'll be able to apply them to your own skills and create your own sources of income.
Why Side Hustles?
Side hustles offer the opportunity to generate additional income and gain financial freedom. Relying solely on one source of income can be risky, especially in uncertain times like the recent pandemic. By starting a side hustle, you unlock the ability to live life on your own terms and have more freedom to pursue your passions. Remember, side hustles aren't just about the money; they provide the flexibility, fulfillment, and enjoyment that traditional jobs may not offer.
The Three Vehicles for Providing Value
When it comes to side hustles, there are three main vehicles for providing value: services, products, and content. In services, you offer a service to customers, in products, you create and sell physical or digital products, and in content, you create free content that attracts an audience and monetize through platforms or advertisers.
For this article, we will focus on side hustle ideas within the services and content categories.
Side Hustle Idea 1: Writer
If you enjoy writing, becoming a writer can be a rewarding side hustle. Start by creating a blog or newsletter where you can share your insights or expertise on a particular topic. Build an audience and monetize your content through sponsorships or consulting calls. Jack Reigns, who started a popular newsletter while still a student, now earns $5,600 per month through sponsorships and consulting calls.
Side Hustle Idea 2: Content Curator
If you prefer curating content rather than creating it, consider becoming a content curator. One example is Eduardo Morales, who curates and sells enamel pins through his Instagram account, Pinlord. With over 100,000 followers and sponsorships, he earns $3,500 per month. Another approach is to curate insights and book summaries, similar to Alex and Books on Twitter and Instagram.
Side Hustle Idea 3: Thumbnail Designer
For those with design skills, offering thumbnail design services for YouTubers can be a lucrative side hustle. Many YouTubers understand the importance of eye-catching thumbnails and are willing to pay for quality designs. Drew Bernie started as a student and now earns over $250,000 a year by designing thumbnails for YouTubers.
Side Hustle Idea 4: Research Assistant
If you enjoy research and have strong analytical skills, becoming a research assistant can be a valuable side hustle. A research assistant helps authors and content creators by conducting research and providing valuable insights. Drew Bernie and Billy Oppenheimer landed jobs as research assistants for well-known authors by showcasing their research skills and providing value.
Side Hustle Idea 5: Remote Sales Rep
Remote sales representatives are in high demand, especially for startups and companies looking to sell their products or services. If you excel at communication and enjoy sales, becoming a remote sales rep can be a profitable side hustle. Some companies offer commissions based on sales, ensuring a consistent income. Wouter Tui toy Nissan sold $250,000 worth of ads in just 60 days while studying full-time.
Side Hustle Idea 6: Web Designer
Web design is a skill that is in high demand, and startups are willing to pay top dollar for talented designers. Chris Mrreck started web design as a side hustle and now earns over $3,000 per month. By learning web design skills and building a portfolio, you can attract high-paying clients or work as a freelance designer.
- Side hustles
- Income generation
- Providing value
- Content curator
- Thumbnail designer
- Research assistant
- Remote sales rep
- Web designer
- How long does it take to start earning money from side hustles?
- Side hustles require time and effort to build, so it can take several months or even years to start making a consistent income. Patience and persistence are key.
- Are side hustles only for students?
- No, side hustles can be pursued by anyone looking to make extra money or gain additional skills. Students, freelancers, and professionals can all benefit from side hustles.
- Do I need prior experience to start a side hustle?
- While prior experience can be helpful, it's not always necessary. Many side hustles can be learned on the job or through online resources. The most important factor is a willingness to learn and provide value.
- How can I market my side hustle?
- Utilize social media platforms, build an online presence, and network with potential clients or customers in your desired industry. Creating a portfolio or website can also demonstrate your skills and attract clients or customers.
- Can I have multiple side hustles?
- Yes, it's possible to have multiple side hustles, depending on your time management skills and availability. However, it's important to prioritize and ensure you can commit enough time and effort to each side hustle.
Starting a side hustle as a student or anyone looking to make extra money can provide financial freedom, flexibility, and personal growth. By exploring these side hustle ideas, you can find the opportunity that aligns with your skills, interests, and goals. Remember, success may not come overnight, but with dedication and persistence, your side hustle can flourish.