Five Lucrative Side Ventures

We all could do with some extra cash, right? That’s where a side venture comes in. It’s a part-time gig you engage in for that extra cash, but which does not affect your main income.

A side venture is often flexible and shouldn’t affect the productivity of your main job, unless of course, you are testing the waters with the side venture, before shifting careers or perhaps changing jobs. A part-time job or a side venture (whatever you call it) is a good way to use your free time and earn some extra money.

Here are five common lucrative ventures to make some money on the side:

Become a tutor

Tutoring is a great way to share the knowledge you already have and get paid for it. There is always someone in need of the skills you possess and who is willing to spend some money to be taught those skills. It is a good way to spend your free time, as by becoming a tutor, you also develop your communication and interpersonal skills, and your ability to teach becomes a whole lot better. The Job Explorer goes into detail regarding what you could expect if this is a venture you are considering.

Develop websites and applications

If you have web development and programming skills, you can use this to your advantage in terms of making money. Small businesses are always emerging, and these businesses need their websites to be developed at affordable costs. If you have basic computer science knowledge or you are proficient in web design and development, you can take advantage of this and make some money on the side. It also doesn’t take much time and money to learn basic web development on the internet and how to use CMS to build websites easily. You can learn this skill and start making money from it. The opportunities are limitless.

Consulting

You can become a consultant in your industry. With sufficient experience, you can start consulting for small businesses and companies in your locality and offer them your professional advice. You don’t even have to quit your main job and form a company to do this. All you have to do is position yourself as an industry leader, and people will want to tap into your vast wealth of knowledge.

Virtual assistant

A virtual assistant does basic front office duties but remotely. From your home, and with a laptop, you can become a virtual assistant and help individuals and companies get organized for extra cash. 

Online Writing/Blogging

If you have a good grasp of English and you love writing, there are innumerable opportunities for writers and bloggers online. You have an array of writing to choose from depending on your interests and how much time you have. There are article and blog writing gigs, academic writing, short stories, proofreading and editing jobs online. The payment often depends on the platform you are on, the amount of work the clients have, the reviews you get and how long you have been on the site. Experienced writers with great reviews earn better than beginners.