Earn Extra ₹30,000/Month with 2-4 Hours/day - 7 Best Side Hustles that actually work 2024

Summary

This video outlines seven practical side hustles to supplement primary income, including tech skill support, teaching hobbies, mentorship, video editing, content creation, website building, and executive assisting. It emphasizes the importance of personal motivation, skill utilization, and the potential for these side hustles to become lucrative careers.

Takeaways

• 💼 Side hustles are meant to supplement, not replace, your primary income, providing financial cushion during economic downturns.
• 🏋️‍♂️ Personal motivation is crucial for successfully picking up and maintaining a side hustle.
• 💡 The script provides practical examples of side hustles, encouraging viewers to explore and identify opportunities that suit them.
• 💻 Tech skill support for US-based individuals can be a lucrative side hustle, with potential earnings of $500 to $1,000 per month, but it's considered edgy and requires discretion.
• 👦 Teaching hobbies or subjects to kids is a meaningful side hustle with a flexible schedule and potential earnings of up to 35,000 rupees per month.
• 👨‍🏫 Becoming a mentor in your area of expertise can be highly rewarding, with platforms like 'Project Pro' offering hourly rates for mentorship.
• 🎬 Video editing is a growing field with the potential to earn 30,000 rupees or more per month, and can evolve into a full-time career or agency.
• 📹 Content creation on platforms like YouTube and Instagram can have long-term benefits, including personal branding and potential high earnings.
• 🛍 Building websites for small businesses can be a collaborative side hustle for software engineers, with increasing earnings as experience grows.
• 👩‍💼 Executive assisting for founders or creators can provide networking opportunities and a monthly income of around 20,000 rupees, with flexible working hours.
• 🔍 Identifying and leveraging your strengths or interests is key to choosing a side hustle that is both enjoyable and potentially monetizable.

Q & A

What is the primary purpose of side hustles according to the video?

The primary purpose of side hustles is to supplement your primary income, not to replace it. They help reduce financial burden and provide a safety net in case the economic climate worsens.

Why do some people in the US need support in technology skills like React or Java?

Some people in the US, particularly those who have recently completed their masters without work experience, find it difficult to get jobs in software roles because employers prefer experienced candidates. They might need support to build skills for their roles, often by creating a fake resume.

What is the potential monthly income from supporting technology skills in the US?

The potential monthly income from this side hustle is approximately $500 to $1,000, which translates to 40,000 to 80,000 rupees.

How many hours per day is recommended to spend on this technology support side hustle?

It is recommended to spend approximately 2 to 3 hours per day on this side hustle.

What is the second side hustle mentioned in the video about?

The second side hustle is about teaching kids a hobby or a subject, which can be a meaningful way to earn extra income without clashing with corporate work.

How much can a tutor expect to earn by teaching kids a hobby like skating?

A tutor can expect to earn close to 35,000 rupees every month by teaching kids a hobby, assuming they have about 15 students and charge roughly 2,500 rupees per student.

What is the third side hustle discussed in the video?

The third side hustle is becoming a mentor in the area of your expertise, using platforms like Project Pro, where you can teach students data science, data analytics, artificial intelligence, or related fields.

How much can one earn per hour as a mentor on platforms like Project Pro?

One can earn approximately 2 to 3,000 rupees for every 1-hour session as a mentor on platforms like Project Pro.

What is the fourth side hustle mentioned in the video?

The fourth side hustle is video editing. It can start as a freelance job and potentially grow into a full-time career or even an agency.

How much can one charge for editing a 10-minute video?

One can charge approximately 2,000 to 3,000 rupees for editing a 10-minute video.

What is the potential monthly income from content creation on platforms like YouTube, Instagram, or LinkedIn?

The potential monthly income from content creation can vary greatly, from nothing in the initial months to potentially earning 2 to 3 lakhs a month once growth trajectory is achieved.

What is the sixth side hustle discussed in the video?

The sixth side hustle is building websites for boutiques or other businesses that lack an online presence. This can be done as a group of software engineers.

How much can a group of software engineers charge for building a website for a boutique?

A group of software engineers can start off charging 30,000 rupees each for building a website, potentially earning 10,000 rupees each after dividing the fee.

What is the seventh and final side hustle mentioned in the video?

The seventh side hustle is becoming an executive assistant to a founder or a creator, supporting them in their business ventures or content creation.

How much can an executive assistant expect to earn per month supporting a founder or creator?

An executive assistant can expect to earn approximately 20,000 rupees per month supporting a founder or creator.

What are the two key takeaways the video emphasizes for someone considering a side hustle?

The two key takeaways are understanding your area of strength or interest and being motivated to learn and polish those skills, and recognizing that all these side hustles are practically implementable and are being executed by people every day.