In today's fast-paced world, many women are seeking ways to generate additional income without compromising their work-life balance.
Whether you're looking to pay off debts, save for a dream vacation, or simply boost your financial security, having a side hustle can be the perfect solution.
In this post, we'll take a deep dive into the top five side hustles that are not only flexible but also tailored specifically for women, empowering you to make extra money from the comfort of your own home.
So, if you're ready to unlock new opportunities and increase your earning potential, read on to discover the best side hustles for women in today's digital age.
5 Best Side Hustles For Women To Make Extra Money at Home
There are many side hustles you can venture into with little to no experience or capital. Here are a few benefits you can reap from a side hustle:
1. Source of extra income
2. Provides a chance to explore your creativity
3. Expands your social network
4. Improves time management skills
5. Flexibility on where and when to work from
6. Great chance to pursue your passion
Let's go over our top picks, shall we?
1. Virtual Assistant Jobs
Did you know you can offer office administration services from the comfort of your home? As a virtual assistant, expect to work on tasks similar to what you handle at your 9-5
The difference is you don't have to deal with morning traffic or uncomfortable heels at the office. Did I mention you’ll never have to see Debby from the finance department?
A virtual assistant is an independent contractor that provides support services to clients. They operate outside offices.
Your skills will determine the services you'll offer to your clientele. Here are a few core skills that will put you ahead of the game:
- Lead generation
- Social media management
- Email management
- Calendar management
- Travel management
- Expense reporting
Before diving into the process of finding clients for your services, it's essential to determine which specific tasks or niches pique your interest.
Consider various options such as administration, real estate, bookkeeping, e-commerce, and graphic design. By narrowing down your focus to a particular niche, you can tailor your skills and offerings accordingly, increasing your chances of finding clients who specifically require those services.
How Much Can I Earn as a VA
In the world of remote work, virtual assistant services have become increasingly popular as companies seek efficient and cost-effective ways to handle administrative tasks.
If you're considering venturing into the realm of virtual assistance, it's essential to have a clear understanding of the earning potential in this field. Mentioned below are a few VA staffing companies that will help you understand how much you can earn as a virtual assistant.
Time etc.: Provides companies with VAs of about 12 years of experience. They charge their clients monthly packages ranging from $360 to $1,980 for 10 to 60 work hours.
BELAY: Provides qualified VAs with college degrees and at least five years of experience. They charge a flat rate of $43 per hour.
Fancy Hands: Provides VAs for short tasks that take less than 20 minutes. They charge monthly packages ranging from $29.99 to $199.99 for 5 to 50 tasks.
WoodBows: Provides VAs with at least three years of experience. They offer a service guarantee and charge monthly packages ranging from $599 to $1,999 for 40 to 160 work hours.
Based on the monthly packages charged by Time etc, Fancy Hands, and WoodBows, being a virtual assistant seems lucrative. You can consider the factors below before you set your hourly or monthly rates:
- Your skills and experience level
- The type and complexity of the tasks
- The market demand and competition
- The value you provide to your clients
- Your expenses and income goals
Now that you know what's required of you to become a virtual assistant, here are a few tips on how to find your clients:
To establish yourself as a successful virtual assistant, it's crucial to adopt effective strategies that will help you stand out in the competitive market.
One such strategy is creating a professional website or portfolio where you can showcase your skills, services, and past work experiences.
This not only provides potential clients with a glimpse of your capabilities but also enhances your credibility.
Additionally, leveraging the power of social media and networking with other virtual assistants and potential clients can open doors to new opportunities.
Engage in online communities, participate in relevant events, and build connections that may lead to referrals or collaborations.
Furthermore, platforms like Upwork, Fiverr, and Freelancer offer a plethora of job opportunities for virtual assistants. Take advantage of these platforms by creating compelling profiles and submitting proposals that highlight your expertise.
Lastly, don't underestimate the value of referrals and testimonials. Request feedback from your existing or past clients and showcase their positive experiences on your website or portfolio. These testimonials serve as social proof and can greatly influence potential clients' decisions to hire you.
Dropshipping is an e-commerce business model that allows you to receive orders and make sales without inventory. You become the middle-man between the customer and the wholesaler or manufacturer of the product.
Here's a list of common websites for third-party suppliers:
There are many types of products that you can sell through dropshipping. They include clothing, accessories, electronics, home decor, and beauty products.
Here are some examples of popular dropshipping products and their average selling prices:
- Wireless earbuds: $15-$30
- Magnetic eyelashes: $10-$20
- LED ring light: $20-$40
- Weighted blanket: $50-$100
- Dog bed: $30-$60
You can start a dropshipping business as a side hustle by following this simple step-by-step guide:
Step #1: Identify a product
Pick on a product that is profitable, in demand, and not too competitive. You can use tools like Google Trends, Amazon Best Sellers, or AliExpress to research potential niches and products.
Step #2: Conduct a competitors' analysis
Carrying out an eCommerce competitive analysis will help you gauge market pricing. You'll also understand the market needs based on customer reviews on competitor websites.
Step #3: Find a supplier
You can use platforms like AliExpress, Spocket, or SaleHoo to find and contact suppliers.
Step #4: Build an eCommerce store
Platforms such as Shopify, WooCommerce, or Wix are a great aid in building and hosting your online store.
Step #5: Promote your store and products
Your first sale will probably not happen the same day your online store goes live. Your patience will be tested, but these tricks we'll help you crack the code:
Tip #1: Optimize your store for SEO and conversions
You can use tools like Google Analytics, Google Search Console, or Shopify SEO to improve your site's performance and ranking.
Tip # 2: Use social media platforms
You can engage with your audience through platforms such as Facebook, Instagram, or Pinterest. They'll also be helpful in promoting your products. Use tools like Buffer, Hootsuite, or Later to schedule and manage your posts.
Tip #3: Use paid advertising
Platforms like Facebook Ads, Google Ads, or Instagram Ads can help drive traffic and sales to your store. You can use tools like Ad Espresso, WordStream, or Shopify Marketing to create and optimize your campaigns.
Step #6: Provide customer support
Good customer service will help you retain and attract new clients. In most cases, clients tend to refer their allies to a seller with great customer service.
3. Teaching Classes Online
Side hustles should feel comfortable and fun. So why not earn doing something you are passionate about? Start offering classes online.
Online classes are often a great way to share your passion. You also help others achieve their health and wellness goals. In turn, you earn money from your skills and expertise.
What's even better is that these classes are often flexible. You only need to set your own schedule and choose your own platform. With a bit of consistency and patience, you'll be able to reach a wider audience.
Fortunately for you, there are many platforms that you can use to host or join online classes. These include:
Uscreen: Uscreen allows you to create your own branded streaming service. You can also sell subscriptions or pay-per-view access to your content. You can set your own prices and keep 100% of your revenue.
OnZoom: OnZoom allows you to host live or on-demand classes on Zoom—no pun intended. You can also sell tickets to your events. OnZoom lets you set your prices. However, you only keep 80% of your revenue after fees.
Wowza: You can also live stream or sell on-demand classes on your website using Wowza. The platform lets you set your own prices. You also keep 100% of your revenue.
Brightcove: Brightcove allows you to stream live or on-demand classes on your website or app. It uses a video hosting and management service. You can also set your own prices and keep all the revenue.
DaCast: DaCast allows you to stream live or on-demand classes on your website or app. It also uses a video streaming service. It lets you set your own service prices. Furthermore, you can keep 100% of your revenue.
Looks promising, right? Well, here's what you need to get your classes up and running:
- Equipment: A Reliable internet connection is invaluable during live streams and recording sessions. You also need a good camera, a microphone, and a tripod.
- A suitable space: You need a conducive environment to conduct your classes. Go for a room with enough space, light, and ventilation.
- Essentials: You also need the equipment or props necessary for classes. For something like a fitness class, They would include include mats, weights, or bands.
Tips on How to Create Engaging Classes
When it comes to creating engaging and impactful classes, these tips will help you deliver an exceptional experience for your participants.
First and foremost, proper planning is key.
Take the time to outline a clear structure, goal, and theme for each session. This will provide direction and coherence to your classes, ensuring that your participants have a meaningful and enjoyable experience.
Additionally, carefully selecting music that aligns with the mood and tempo of your classes can enhance the overall atmosphere and keep participants motivated. Just remember to use royalty-free music to avoid any copyright infringement issues.
Clear communication is essential in guiding your participants through movements and modifications. Utilize both verbal and visual cues to ensure everyone understands and can follow along effectively.
Moreover, interaction is crucial for engagement. Encourage your participants to provide feedback, ask questions, and share their comments. This fosters a sense of community and involvement, making the class experience more interactive and personalized.
Lastly, don't be afraid to diversify your classes. Introduce new exercises, variations, or themes to keep things fresh and exciting for your participants.
By implementing these tips, you'll be well on your way to creating engaging and dynamic classes that leave a lasting impression.
How to Grow Your Audience
You'll need to:
- Promote your classes on social media. Use email newsletters, blogs, and podcasts. Hashtags, keywords, and tags also increase visibility.
- Offer free trials, discounts, referrals, or giveaways. This attracts new customers and retains the existing ones.
- Collaborate with other online instructors or influencers. You can cross-promote each other's classes.
- Reviews, testimonials, or ratings also go a long way. Ask your customers to rate and review your services. Then you can display them on your website or platform.
4. Product Flipping
Flipping is the process where you purchase items at a cheap price and later sell them locally or online at a profit. Flippers mostly buy items from flea markets, yard sales, thrift stores, or auctions.
Besides the profit you can get from selling items to your buyers, flea market flipping can be a rewarding hobby. You can repair, repurpose or upcycle items and make them new. You could keep them, but hey! We need the extra money! Upcycled items tend to fetch more market profit than items sold in their original form.
There are many types of items that you can flip for a profit. They include:
- Sports jerseys
- Concert t-shirts
- Vintage sportswear
- Lego sets
A flair for style will come in handy when making your purchases. Vintage styles are now trendy, but most people are sleeping on that fact.
Here are some examples of profitable flips and how much they've made:
- A vintage dresser bought for $40 and sold for $550
- A mid-century modern chair bought for $50 and sold for $650
To source items, you can use various methods, such as:
- Visiting flea markets, thrift stores, yard sales or auctions. You need to look for items that are underpriced, rare, and in good condition.
- Using online platforms like Craigslist, Facebook Marketplace or Freecycle. You can look for free or cheap items that people give away or sell on these platforms.
- Networking with other flippers, sellers, or collectors. You'll get referrals or leads on potential deals.
You can use various platforms to flip items, such as:
Take precautionary measures before making a purchase or sale of any item. This way, you'll avoid being scammed out of your money. Some people might not be honest in their dealings. Here are a few things you can work on:
- Researching the value of items before buying or selling them and comparing prices from different sources
- Checking the authenticity and condition of your items and looking for signs of damage or counterfeit
- Using secure payment methods like PayPal or cash on delivery and avoiding wire transfers or money orders
- Meeting buyers or sellers in public places or safe zones and bringing someone with you if possible
5. Creating Niche Properties (Blogs)
Blogging refers to the creation of articles and images that are shared on the world wide web. Bloggers create writeups for a target audience. They aim to share experiences or information, usually in an informal text style.
Here's a list of the popular types of blogs you've probably come across:
- Travel blogs
- DIY crafts blogs
- Health and fitness
- Personal finance
- Food blogs
- Photography blogs
Content websites can be a lucrative side hustle, as you can earn money from various sources. You can incorporate adverts, affiliate marketing, or digital products in your blogs.
There are many female bloggers who make a fortune from their blogs. Michelle Schroeder-Gardner from Making Sense of Cents is a great example. She started a personal finance website in 2011 and now earns about $100,000 monthly from blogging.
Other examples of well-known female bloggers include:
- Abby Lawson from Just a Girl and Her Blog. She earns $41,000+ per month from space organization blogs
- Joanna Goddard from Cup of Jo. She earns $20,000+ per month from women's lifestyle blogging
- Lindsay Livingston from The Lean Green Bean. She earns about $10,000 per month, blogging on health and nutrition.
Unbelievable, you say? Here's how the figures came about:
Advertising: You can display ads on your blog using services like Google Adsense or Mediavine. You'll earn money every time someone clicks or views them.
Affiliate marketing: You can recommend products or services you use or trust. By adding special links to your blog, you'll earn commissions every time someone makes a purchase through them.
Sponsored posts: You can write posts that feature or review a brand or product. Strike a deal with the company to pay you for the exposure.
Digital products: You can create and sell your own products. Consider selling ebooks, courses, or printables that provide benefits to your audience.
Not so fast, though! To start a blog, you'll need a domain name, a web hosting service, and a blogging platform. You can use Wix.com to create your own blog easily and affordably.
Go ahead and choose a niche. Be guided by your interests, passions, skills, and audience. You'll want to pick a topic that you enjoy writing about. Go for topics that have enough demand and profit potential. Writing recipe blogs would be a walk in the park if you're a chef. Get the drill?
The seemingly hard bit of blogging is coming up with content. That's where you'll need to research your topic. To some extent, you'll need to comprehend SEO. Assume you're a part of your audience. That way, you'll have an easier time figuring out what value your blogs would offer.
What's next for you after we've discussed the five best side hustles for women? They all seem doable and easy but don't be a jack of all trades and a master at none.
Go for what's innate to you.
Before you know it, you'll be making money from the comfort of your home, doing what you love.