The first step to building your side hustle is figuring out what you will offer the market. Today we explore two strategies to help you generate ideas and choose one or two areas to focus.
Make a list of skills or other things you can use to generate additional income. Separate them into three groups as follows:
- Things you can do/monetise right now
- Things you can improve or build, then monetise
- Things you can learn how to do
Look at what tasks and products people are already using to generate income. Browse gig websites like Fiverr and Upwork to see what people are paying for. You may consider joining the gig / freelance economy through these channels to get some experience, or launching your own distribution channel.
Question of the day: What’s something you want to monetise? (Comment below or on twitter)
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Essential career advice for ambitious young professionals.