9 side hustles you can start to kick off the new year

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9 side hustles you can start to kick off the new year

Are you ready to make 2023 your best year yet? Why not kick things off by starting a side hustle?

The beauty of a side hustle is that it allows you to explore your passions and interests, while also bringing in some extra cash. And the best part? You can work on your side hustle as little or as much as you want – it's completely up to you.

Extra income: The most obvious benefit of a side hustle. By working a few extra hours per week, you can earn extra money that can be used to pay off debt, save for a rainy day, or simply enjoy life a little more.

Flexibility: Work on your own schedule and at your own pace. Evenings, weekends or even on your commute!

Opportunities for growth: It can be a great way to gain experience and build new skills, which can lead to new opportunities and career advancement. Whether you want to eventually turn your side hustle into a full-time business, or simply use it as a stepping stone to something else, the opportunities are endless.

Fun and fulfillment: Last but not least, it can be a rewarding and fulfilling experience. Spending more time on something you're passionate about is always great. Plus, creating something that brings value to others is a pretty amazing feeling.

If all that sounds exciting to you, check these great side hustle ideas you can start (backed by real case studies):

#1. Create an online course ($6K – $3M per month)

This one ticks all the right boxes:

A space that’s experiencing crazy growth.

It can be about anything you’re passionate about.

Virtually zero initial investment is needed.

👉 This stay-at-home dad launched a $6K/month online course.

🔎 Check out 49 more online courses success stories.

#2. Become a freelance developer ($20K – $75K per month)

Do you know how to code? This one is a no-brainer then.

Being one of the most sought-after skills, you’ll easily find jobs left and right.

👉 This self-taught developer started a $148K/month web development agency.

#3. Start an affiliate website ($4K – $500K per month)

The closest you can get to a truly passive income source.

Huge market, almost every business in the world has an affiliate program. So you can really focus on something you like.

👉 This guy earns $500K per year in profit (without any employees).

🔎 Check out 26 additional affiliate marketing success stories.

#4. Launch a Youtube channel ($800 – $4M per month)

Educational content, entertainment, tutorials, how to fix your wifi,... you can create videos about anything you can imagine. And people will watch them.

Are you a shy person? Don’t worry, you don’t need to be on camera!

This video is just white noise to help babies fall asleep and has 184M views. So yeah, you can create videos about anything and don’t need to be on camera to make a killing.

👉 This woodworker gamed Youtube’s algorithm and hit 25M views.

🔎 Check out 20 extra Youtube success stories.

#5. Build an online community ($1,5K – $415K per month)

People who share a common interest like to hang out together, right?

Today is easier than ever to tap into this opportunity. There are so many great and free tools to this (Discord, Slack, Telegram, Patreon), that you only need to focus on convincing people to join and keep them engaged.

👉 This guy started a $1,5K/month online community for early-stage entrepreneurs.

#6. Host people on Airbnb ($1K – $270K per month)

Short-term rentals like Airbnb hosting can be a profitable side hustle if you have an extra room that is not in use. You can list your room on Airbnb for $40 per night and generate enough income to pay your recurring bills.

Don’t have a spare room to rent? That’s alright! You can still make money managing other people’s properties.

👉 This guy made an extra $16K in a year by renting out a spare bedroom.

👉 This founder bootstrapped a $35K/month Airbnb management service.

#7. Create a candle brand ($500 – $500K per month)

The candle industry is one of the fastest-growing industries in the world.

There’s a huge demand for handcrafted, high-quality candles.

You can start your own brand with supplies available in a store near you and make them at home with equipment you already have.

👉 This starter launched a candle brand with $100 in just 30 days.

#8. Become a coach ($10K – $120K per month)

The truth is, you’re probably a global top 5% expert at something.

Don’t let that imposter syndrome hit you.

Music nerd? Curate playlists for businesses.

Hardcore gamer? Coach young players.

3-times entrepreneur? Guide others.

Now you need to market yourself as so.

👉 This trainer yields $30K/month with an online fitness coaching business.

#9. Organize stuff professionally ($8K – $100K per month)

This is something you could start today.

Become a professional organizing consultant by teaching others how to organize their spaces neatly.

Grow the hustle by sharing videos on Instagram or TikTok with tips.

Make more money by creating an online course.

👉 This woman makes $96K/year decluttering people’s homes.

Are you planning to start a business in the new year? Reply to this email and let me know, I'd love to hear from you.

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Quick hitters

👔 This founder makes $240K/year with a super niche gig. She went super niche… and still faced a highly saturated space. This is how she beat it: (1) strong brand, (2) productized service, and (3) added some cool products that were not common.

👃 How this brand reached $30M/year. Spotted an increasing consumer demand for sustainable products. Built an email list before launching; result: the first month, they made $200K in sales.

☎️ From call center agent to starting a $20k/month agency. Biggest takeaway: Seems kinda counterintuitive, but growth was the result of starting to say “no” to many jobs that weren’t profitable or the business core activity. Focus on what you do best and stop trying to do everything for everyone.