Today, more than ever, side hustles are not just about extra income. They offer a creative outlet, a chance to pursue your passion, and an opportunity to learn new skills. In the age of the gig economy and remote working, the prospect of launching a side hustle has become increasingly appealing and feasible. Here are ten side hustles you can start in 2023 for under $1000:
Freelance Writing:
If you have a knack for words, consider becoming a freelance writer. With businesses constantly needing blog posts, articles, and website content, the demand for writers remains high. Initial costs might include a website and marketing, but with dedication and consistency, it can prove to be a lucrative venture.
Holly Johnson, a professional freelance writer, makes over $200,000 per year writing for various online publications. She even created a course, Earn More Writing, to help others follow in her footsteps.
Graphic Design:
In the digital age, good design is more crucial than ever. Businesses, bloggers, and even individuals frequently need logos, promotional materials, or digital graphics. All you need is a good laptop, design software, and a creative mind.
Rob Janoff, the man behind the iconic Apple logo, started his career as a freelance graphic designer. His simple yet powerful designs illustrate the potential for profitability and recognition in this field.
Virtual Assistant:
Many businesses and entrepreneurs are willing to outsource tasks such as email management, scheduling, or social media posting. A virtual assistant business requires only a reliable internet connection and good organizational skills.
Gina Horkey started her career as a virtual assistant and was earning $4,000 per month within six months. She’s turned her knowledge into a course, sharing her expertise with others looking to enter the field.
Domain Trading:
Investing in domain names can be a highly profitable side hustle. The initial investment can vary, but with savvy purchases and sales, it can be done for under $1,000. The key is understanding the market and predicting which domain names might be in high demand in the future.
In 2007, Page Howe sold the domain ‘seniors.com’ for $1.5 million, just a year after purchasing it for $100,000. This illustrates the lucrative potential of wise domain investments.
Online Tutoring:
If you have expertise in a particular subject or skill, online tutoring can be a rewarding side hustle. Platforms like Zoom make it easy to connect with students all over the world. Initial costs might involve advertising or website fees.
Gillian Perkins, a business strategist, started her entrepreneurial journey by teaching piano lessons. She has since expanded her tutoring skills into other areas, launching several successful online courses.
Blogging or Vlogging:
With the right niche and consistent content creation, blogging or vlogging can be a profitable side hustle. While it may take time to build an audience, revenue from ad shares, sponsorships, or affiliate marketing can be significant.
Michelle Schroeder-Gardner started the personal finance blog “Making Sense of Cents” as a side hustle. She now consistently makes over $100,000 a month, primarily from affiliate marketing.
Handmade Crafts:
If you’re artistically inclined, consider selling your handmade crafts on platforms like Etsy. Whether it’s jewelry, home decor, or customized items, there’s a market for unique, handcrafted goods.
Alicia Shaffer’s Etsy shop, Three Bird Nest, began as a side project but quickly grew into a multimillion-dollar business. She creates and sells handmade accessories like headbands and scarves.
Drop shipping:
If you’re interested in e-commerce but worried about the logistics of stock and shipping, drop shipping could be the answer. You can start an online store and partner with suppliers who will ship the products directly to your customers.
Irwin Dominguez from San Diego started his drop shipping venture as a side hustle and made $1 million in sales in his first 8 months, demonstrating the profitability of this e-commerce model.
Pet Sitting or Dog Walking:
For animal lovers, pet sitting or dog walking can be a rewarding and profitable side hustle. Depending on your area and the services offered, startup costs may include advertising and supplies.
Melodi Landi started a dog walking side hustle that grew into a full-time business, Fetch! Pet Care, one of the largest pet care companies in the U.S.
Personal Fitness Trainer:
If you’re passionate about health and fitness, consider becoming a personal trainer. With a certification course and basic equipment, you can start offering online training sessions.
Kayla Itsines started as a personal trainer before creating the Bikini Body Guide. Her fitness empire now includes an app, equipment, and a community of millions worldwide.
Conclusion
These are just a few examples of side hustles you can start in 2023 for under $1,000. The most important aspect is to choose something you’re genuinely interested in. That passion will not only keep you motivated but also help attract and retain customers or clients. Good luck!
