Robert Kiyosaki, the renowned entrepreneur and author of “Rich Dad Poor Dad,” recently highlighted the increasing popularity of side hustles in a Facebook post. Side hustles are a great way to supplement your income, explore new opportunities, or prepare for a transition to full-time entrepreneurship. Kiyosaki suggested five side hustle options that offer flexibility and the ability to earn money from anywhere.
1. Online Tutoring Services:
One lucrative side hustle option is offering online tutoring services. Even without a background in education, you can tutor students in various subjects over video conference, audio calls, or online chat. You can choose to work independently and market yourself or sign up for tutoring platforms that connect you with potential students. The hourly rate for online tutoring can range from $15 to $80, depending on the subject, experience, and other factors.
2. Transcriptionist:
If you have good listening, computer, and writing skills, becoming a transcriptionist can be a profitable side gig. As a transcriptionist, you’ll listen to audio files or watch videos online and transcribe the content accurately. While some transcriptionist jobs may require certification for legal or medical assignments, you can find opportunities without formal education or experience. The pay for transcriptionist work typically ranges from $10 to $30 per hour.
3. Selling Things Online:
Selling products online is another popular side hustle that can generate extra income. You can sell in-demand products, create custom items, or resell used goods on platforms like Etsy, eBay, or your own online store. Additionally, selling digital products such as e-books, online courses, or digital art can be a scalable option with lower costs and less effort.
4. Virtual Assistant:
If you enjoy helping others and have administrative skills, working as a virtual assistant can be a rewarding side hustle. Virtual assistants perform tasks like handling calls, answering emails, bookkeeping, data entry, and marketing support for individuals or businesses. The pay for virtual assistant work typically ranges from $100 to $1,000 per month, depending on the tasks and clients.
5. Teaching English as a Second Language:
For native English speakers, teaching English as a second language can be a lucrative side hustle. You can teach English locally or online to individuals or groups, either through a platform or independently. While some teaching platforms may require a bachelor’s degree and ESL certification, being a native speaker with good teaching skills can allow you to teach independently. The pay for teaching English online can range from $10 to $40 per hour.
In conclusion, finding the right side hustle can provide you with additional income, flexibility, and the opportunity to explore new interests. Whether you choose online tutoring, transcription work, selling products, virtual assistance, or teaching English, there are numerous options available to help you earn money from anywhere. Robert Kiyosaki’s suggestions offer a starting point for anyone looking to embark on a side hustle journey.
