10 Side Hustles That Could Replace Your Job

Summary

This video script details the speaker's journey with side hustles, starting with a sticker business that grew into a significant monthly income. They then launched a YouTube channel, despite no video-making experience, which also became successful. The speaker shares and rates various side hustle ideas, including digital art for frame TVs, QR code displays, Notion templates, personalized labels, and educational printouts. They also covers non-Etsy side hustles like user-generated content, short-form video editing, retail arbitrage, teaching online, and YouTube. Each idea is evaluated on startup costs, required skills, and the level of passivity, offering viewers a comprehensive guide to potential side hustles.

Takeaways

• 😀 The speaker started a sticker business as a side hustle, investing $300 and earning between $2,000 to $5,000 a month.
• 🎥 They then began a YouTube channel to share their side hustle journey, despite having no prior video-making experience.
• 📈 The YouTube channel grew to 100,000 subscribers, becoming another significant source of income.
• 🎨 The script discusses the potential of selling digital art for frame TVs on Etsy, highlighting the low startup costs and high profitability.
• 🏢 The demand for QR code displays is increasing, requiring specific skills and equipment, but offering a high revenue potential.
• 📊 Notion templates are a growing market, with one creator earning over $10,000 a month, indicating the viability of digital product sales.
• 🍅 The market for personalized product labels, like ketchup bottle stickers, is surprisingly large and profitable.
• 📚 Educational printouts and activities are in demand, with low startup costs and high passiveness due to digital sales.
• 📱 User-generated content (UGC) is a growing field where brands pay for authentic reviews and experiences, accessible even without a large following.
• 📹 Short-form video creation is a booming market, offering opportunities for those skilled in video editing and content creation.
• 🏬 Retail arbitrage, particularly with used goods, can be profitable for those who enjoy shopping and have a knack for finding deals.
• 👨‍🏫 Online teaching, whether through tutoring or creating courses, can be a lucrative side hustle, especially for those with teaching skills.
• 🌐 Starting a YouTube channel remains a viable side hustle with the potential for significant income, despite the platform's age and competition.

Q & A

What was the initial investment for the sticker business mentioned in the script?

The initial investment for the sticker business was about $300 into a cutting machine and some sticker paper on Amazon.

What was the monthly income range for the sticker business?

The monthly income for the sticker business ranged between $2,000 and $5,000, depending on the season.

Why did the speaker start a YouTube channel as a second side hustle?

The speaker started a YouTube channel to share their story online after friends found it cool and encouraged them to share it with a wider audience.

How many subscribers does the speaker's YouTube channel have?

The speaker's YouTube channel has managed to get 100,000 subscribers.

What is the estimated revenue for the Etsy shop selling art for frame TVs?

The estimated revenue for the Etsy shop selling art for frame TVs is $13,932.80 in less than a year, based on 34,848 sales at $4 per digital file.

What are the startup costs for creating digital art for frame TVs?

The startup costs for creating digital art for frame TVs are low, with a rating of 2 out of 5, requiring only access to a computer or a tablet.

What is the skills requirement rating for making digital art for frame TVs?

The skills requirement rating for making digital art for frame TVs is 3 out of 5, averaging between the difficulty of becoming a proficient artist and the ease of using AI to generate art.

How passive is the business of selling digital art for frame TVs?

The business of selling digital art for frame TVs is highly passive, with a rating of 5 out of 5, as the art can be sold as digital files with minimal ongoing work.

What is the estimated total revenue for the QR code display shop mentioned?

The estimated total revenue for the QR code display shop is $2,379,850 over the past 4 years, with 43,270 sales at an average price of $45 to $55.

What are the startup costs for creating QR code displays?

The startup costs for creating QR code displays are high, with a rating of 5 out of 5, due to the need for an engraving machine or laser cutter.

What skills are required to make QR code displays?

To make QR code displays, one needs a mix of digital and physical skills, including design software proficiency and basic woodworking skills, resulting in a skills requirement rating of 4 out of 5.