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I tried 5 side hustles in 1 year
Introduction
In the past year, I experimented with five different side hustles to assess their profitability and viability. Here’s my detailed review and rating of each hustle:
Helium Mining
Helium mining involves purchasing a mini-computer that connects to other local devices to earn a cryptocurrency called HNT. During the first week, I generated almost seven dollars. Despite upgrading my antenna, my daily earnings did not significantly increase.
Rating: 3 out of 10
Sneaker Flipping
Sneaker flipping is all about buying shoes from outlets like Nike and reselling them online for a profit. I bought Nike Free Runs for $ 50 each, which regularly sell for $ 100 on eBay. This method does work, but it requires good knowledge of the market.
Rating: 7 out of 10
Amazon Affiliate Marketing
As an Amazon affiliate marketer, you earn a commission for selling Amazon products through your custom links. I managed to generate over 6,000 clicks and $ 1,000 in revenue, but my commission was only $ 54 due to the low commission rates.
Rating: 5 out of 10
Thrift Store Flipping
Thrift store flipping involves buying items from thrift stores and reselling them for a profit. This is my personal favorite because it’s fun and rewarding once you know what to look for.
Rating: 9 out of 10
Print on Demand
Print on demand requires creating shirt designs and partnering with a fulfillment company that handles production and shipping as orders come in. I started a Christian clothing brand, and in the first week, I generated $ 300 in sales, followed by $ 240 in the second week.
Rating: 7 out of 10
Keywords
Keywords:
- Helium Mining
- Cryptocurrency
- HNT
- Sneaker Flipping
- Amazon Affiliate Marketing
- Thrift Store Flipping
- Print on Demand
- Side Hustles
- Profitability
FAQ
FAQ:
What is Helium mining?
Helium mining is the process of using a mini-computer to connect with local devices and earn a cryptocurrency called HNT.How does sneaker flipping work?
Sneaker flipping involves purchasing discounted shoes and reselling them online for a higher price.Is Amazon affiliate marketing profitable?
Amazon affiliate marketing can be profitable, but the commission rates are generally low, making substantial earnings challenging.Why is thrift store flipping highly rated?
Thrift store flipping is highly rated because it can be very rewarding and enjoyable once you learn to identify valuable items.What is print on demand?
Print on demand is a business model where you design products, and a fulfillment company produces and ships them as orders come in.