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

Pavan Sathiraju
14 Dec 202313:19

Summary

TLDRThis 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.

Outlines

00:00

💼 Supplementing Income with Side Hustles

The speaker introduces the concept of side hustles as a means to supplement primary income rather than replace it. They emphasize that these hustles should not be a burden and can help alleviate financial stress in a challenging economic climate. The speaker also highlights the importance of personal motivation in choosing a side hustle and promises to provide practical examples and insights into the potential income and effort required to maintain them.

05:02

💻 Tech Support and Tutoring as Side Hustles

The speaker discusses two specific side hustles: providing tech support to individuals in the US who need help with skills like React, Java, or Adobe Experience Manager, and tutoring kids in hobbies or subjects. They explain that tech support can be lucrative, with potential earnings of $500 to $1,000 per month, but caution that it might not be suitable for everyone due to potential conflicts with employment agreements. Tutoring, on the other hand, is described as a more meaningful and conflict-free option, with opportunities available for teaching hobbies, math, or English. The speaker also mentions platforms like Vedantu for tutoring and the potential for independent tutoring as confidence grows.

10:03

🏆 Becoming a Mentor and Exploring Video Editing

The speaker introduces the idea of becoming a mentor in one's area of expertise, highlighting platforms like Project Pro and GLG that value such expertise. They explain that mentors can earn between 2,000 to 8,000 rupees per hour, depending on their experience. The speaker also touches on video editing as a side hustle, sharing the story of KV who started as a freelancer and eventually moved into a full-time job. They mention that video editing can be a profitable side hustle, with charges ranging from 2,000 to 3,000 rupees per video and 500 rupees per thumbnail, and that it has the potential to become a main career.

🎥 Content Creation and Building Websites

The speaker discusses content creation on platforms like YouTube, Instagram, and LinkedIn as a side hustle, noting that while it may not yield immediate income, it can significantly boost one's personal brand. They also mention the benefits of building a personal brand for future job opportunities and studying abroad. Additionally, the speaker talks about building websites for boutiques as a side hustle, suggesting that a group of software engineers could approach local businesses to offer their services. They highlight the potential for international clients and higher earnings as the team gains experience.

👔 Executive Assistant Roles and Motivation for Side Hustles

The speaker concludes with the idea of becoming an executive assistant to founders or creators, sharing personal experiences with interns who support various projects. They mention that these roles can be rewarding, both in terms of monetary gains and networking opportunities. The speaker also emphasizes the importance of understanding one's strengths and interests, suggesting that if a skill is not immediately monetizable, one should invest in further education to refine it before starting a side hustle. They encourage viewers to be motivated and practical, assuring them that these side hustles are feasible and not just theoretical.

Mindmap

Keywords

💡Side Hustles

Side hustles refer to part-time or supplementary activities done alongside one's primary job to earn extra income. In the video, the concept is central as the speaker discusses various side hustles that can be taken up immediately. The script mentions that these hustles should not replace one's primary job but act as a financial supplement, especially in a challenging economic climate.

💡Supplement

In the context of the video, 'supplement' is used to describe how side hustles can add to one's primary income. The term implies an additional source of funds that helps in reducing financial burden and provides a safety net in case the primary job is affected. It is exemplified when the speaker says side hustles act as a supplement to primary income.

💡Personal Motivation

Personal motivation is highlighted as a key factor in successfully engaging in side hustles. It refers to the drive and enthusiasm an individual has to pursue activities outside their regular job. The video emphasizes that side hustles are not just about money but also about personal growth and finding fulfillment in one's skills and interests.

💡Income

Income, in the script, is discussed in relation to the potential earnings from side hustles. The speaker provides specific figures for different side hustles, illustrating the financial benefits of engaging in these activities. For example, supporting technology skills can earn one approximately $500 to $1,000 per month, which translates to 40,000 to 80,000 rupees.

💡Effort

Effort is mentioned in terms of the time and energy required to maintain a side hustle consistently. The video script outlines the expected commitment for each side hustle, such as spending 2 to 3 hours daily for technology support or dedicating time in the evenings for teaching hobbies to kids.

💡Technology Skills

Technology skills are specific abilities in areas like software development, web design, or digital tools. In the video, the speaker mentions supporting individuals in the US with technology skills such as React or Java, which can be a lucrative side hustle. This is particularly relevant for those who have expertise in these areas and can offer remote support or training.

💡Teaching

Teaching is presented as a meaningful side hustle in the video, where individuals can share their knowledge or skills with others, such as teaching kids a hobby or a subject. The script provides an example of a skating trainer who earns a substantial income by teaching in the evenings, emphasizing that one does not need to be a professional to teach a hobby.

💡Mentorship

Mentorship is discussed as a side hustle where individuals with expertise in a particular area can guide and teach others. The video mentions platforms like 'Project Pro' where one can register as a freelance expert mentor, offering sessions in data science, analytics, AI, or Big Data, and earning a significant income for their time.

💡Video Editing

Video editing is highlighted as a creative and potentially lucrative side hustle. The speaker shares the story of KV, who started as a freelancer and eventually built a career in video editing. The script explains that editing a 10-minute video can earn an editor between 2,000 to 3,000 rupees, with the potential to increase earnings as they gain speed and experience.

💡Content Creation

Content creation is described as a side hustle involving the production of original content for platforms like YouTube, Instagram, or LinkedIn. While the monetary gains can be long-term and variable, the video emphasizes the benefits of building a personal brand and the potential for significant earnings once growth is achieved.

💡Building Websites

Building websites is presented as a collaborative side hustle for groups of software engineers with skills in front-end, back-end, and devops. The script suggests approaching local boutiques to offer website development services, which can start at a modest income per project but has the potential to scale up, especially with international clients.

💡Executive Assistant

An executive assistant in the context of the video is someone who supports a founder or creator in their business or content creation efforts. The speaker shares personal experiences of hiring interns who have become long-term assistants, emphasizing the value of building a network and gaining experience in this role, which can offer monetary and non-monetary benefits.

Highlights

Side hustles are meant to supplement primary income, not replace it.

Personal motivation is key in choosing a side hustle.

Side hustles can provide financial relief in a negative economic climate.

Supporting US individuals with technology skills can be a lucrative side hustle.

Offshore support can help individuals fake resumes in the US job market.

Earning potential for tech support side hustles ranges from $500 to $1000 per month.

Teaching kids a hobby or subject is a meaningful side hustle with no corporate conflicts.

Local trainers can earn significant income by teaching kids hobbies like skating.

Teaching math or English through platforms like Vedantu is a viable side hustle.

Becoming a mentor in your area of expertise can be a profitable side gig.

Platforms like Project Pro and GLG value expertise and offer high earnings for mentorship.

Video editing is a growing field with potential for significant earnings and career growth.

Content creation on platforms like YouTube and Instagram can lead to substantial monthly earnings.

Building a personal brand through online content creation has long-term benefits beyond monetary gains.

Building websites for local boutiques can be a profitable group side hustle.

International clients can pay significantly more for website development services.

Becoming an executive assistant to a founder can offer networking opportunities and personal growth.

Identifying your strengths and interests is crucial before starting a side hustle.

All mentioned side hustles are practical and implemented by real people, not just theoretical.

Transcripts

play00:00

hello everybody in this video I want to

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highlight seven practical side hustles

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that you can pick up immediately and a

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few points to remember number one is

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side hustles is not about replacing your

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primary source of income job Etc this is

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only to act as a supplement to your

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primary income so that you don't have a

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lot of financial burden on your primary

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job and with all the negative economic

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climate Etc you don't have to take so

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much pressure if things go south the

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second thing is these side hustles are a

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lot about your personal motivation well

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I will give you a few practical examples

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through which you can pick up these side

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hustles and I hope you will figure out

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many more such opportunities and you

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won't limit to only one side Hustle the

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third thing is I will highlight for

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every side hustle what is the income

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that you will make the money that you

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will make and also what is the effort

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required to sustain this this side

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hustle on a consistent basis so let's

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get started with the first one this is a

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little bit edgy but this is about

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supporting the folks in the US on

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technology skills that you might have

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yes a lot of people in the US are always

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looking out for support with respect to

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technology skills such as react Java

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Adobe experience manager etc etc and the

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reason is pretty straightforward when an

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individual goes from India to us for

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their masters right even without any

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kind of work experience it's difficult

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to get a job in the US because the US

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employers don't prefer for these kind of

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software roles any kind of freshers so

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they look for experienced candidates but

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folks completing their masters don't

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have any expertise or experience so

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rather they will try to put on a fake

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resume and they need that support

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desperately to go ahead and do that job

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that they get into and that is where a

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support from the offshore counterpart

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would help them pick up that skill for

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an year or two and then get on with

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themselves well this is definitely edgy

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and I would recommend for you to go

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ahead and apply your own discretion

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before going and picking up these kind

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of jobs now you might say that hey P my

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employer doesn't allow me to Moonlight

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that is true for almost every single

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employer but you tell me if your CEO or

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CFO or any of the top leadership is able

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to do two or three jobs

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why not you if there is no kind of clash

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with the work that you are doing if

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nothing of that sort go ahead and pick

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it up if you need to disclose it if you

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don't want to do it it's absolutely fine

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we can move on to the next one but the

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typical money that you can make through

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these kind of side hustles is

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approximately $500 to $1,000 every

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single month which translates to 40,000

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to 80,000 rupees every single month and

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you need to spend approximately let's

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say 2 to 3 hours on a daily basis this

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this is a good amount of money you are

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supporting a few people and this is

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already a skill that you have so you

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don't need to go and pick up a new skill

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again another word of caution please

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make sure that you are completely on

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board if you want to pick these kind of

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side hustles the second side hustle that

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I want to talk about is much more

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meaningful and you don't have any kind

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of clashes with your corporate work that

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is going and teaching kids a hobby or a

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subject well this is coming from

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personal experience because my kids who

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are 4 years old and 6 years old we are

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constantly searching for different

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opportunities options to engage them

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every single evening for example my

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4-year-old daughter schloka we are

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always looking for what activities she

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can engage in between 5: in the evening

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and 7 in the evening the latest activity

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that we picked for her is skating and

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this is a small small activity a group

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of 15 to 20 people come every single day

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close to our apartment and a trainer

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comes over all we know about the trainer

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is he comes and trains these young kids

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on skating well it sounded like a super

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sophisticated sport when we got into it

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but it is actually not the trainer

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doesn't even skate he just tells the

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process how these kids should learn

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skating that's all and we don't know

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what the trainer does rest of the day

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all he needs is 1 Hour 1 to 1 and a half

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hours every single evening Monday

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through Friday and he's charging roughly

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2.5000 for every student and he has

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close to 15 students so he's making

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close to 35,000 rupees easily every

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single month and you already know the

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time commitment now the interesting part

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about teaching kids any hobby is that

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you don't need to be a pro and the

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opportunity is definitely available

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because a lot of parents work with one

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single constraint that they don't want

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the kid to go out for a very long

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distance so if there is something that

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you can do within your one to2 kilm

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radius from your house you should pick

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it up now you might say hey P I don't

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have any such skill neither skating nor

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painting nor Arts nothing then that's

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fine go ahead and teach these kids

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either math or English you can get

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started on platforms like vedantu you

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can get paid anywhere between 20 to

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30,000 and once you get that confidence

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you can start independent tutoring

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within your apartments or within your

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neighborhood a lot of people are doing

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that I know personally people doing

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these kind of side hustles and and I

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meet them regularly the third side

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hustle that I want to talk about is

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actually becoming a mentor in the area

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of your expertise there are again

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platforms which value your expertise all

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you need to do is go and search for

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these platforms I will give you a quick

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example look out for a platform called

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as project Pro these guys teach students

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data science data analytics and

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artificial intelligence or anything

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related to Big Data and if you have

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expertise in any one of these areas you

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can go yourself and register as a

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freelance expert Mentor these guys pay

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approximately 2 to 3,000 rupees for

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every 1 hour and you can easily take up

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to 10 sessions every month which equates

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to 20,000 rupees now the interesting

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part about this kind of side gig is you

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can schedule these sessions at your own

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convenience you can do it Saturday night

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Wednesday early morning Thursday

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afternoon nobody questions you all you

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need to do is you need to show up on

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time and show your commitment so that

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students can actually learn once you

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start doing slowly you can become an

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expert there are again multiple other

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platforms which will value your

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expertise for example GLG if you have 10

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years or 20 years experience in one

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single industry you can almost charge up

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to 40,000 to 80,000 rupees for 1 hour

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session absolutely no questions about

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that I know people who do that so please

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don't ignore this path as a side hustle

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going forward you know the time

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commitment required and you also know

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how much you will make the fourth side

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hustle that I want to talk about is

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video editing yes this video that you

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are looking at is edited by KV and KV

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started as a freelancer after his

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undergrad he slowly started getting

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small assignments he worked in a small

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agency and then he quickly moved into a

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full-time job he now employs a few

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people so you can see this can become a

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career content creation itself is a

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growing field so if you can be a part of

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it even as a side hustle you don't know

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if this itself will become a main gig

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going forward and how much can you earn

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the charge is approximately 2,000 to

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3,000 rupees for every single video

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let's say a 10-minute video and for

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every thumbnail you will be charging

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approximately 500 rupees in the initial

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few months it might take you 3 hours to

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edit one video so it is 10 videos 30

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hours per month but as you g gain the

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speed you will charge more and also you

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will do it in a shorter time frame and

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you can earn anywhere above 30,000

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rupees as well this is a proper side

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hustle that has the scope for becoming

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an agency and becoming the main hustle

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for you in the near future I know people

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who are doing it and everybody who has

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edited my videos on this channel started

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off as a freelancer the fifth side

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hustle that I want to talk about is

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content creation on YouTube on Instagram

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on LinkedIn well how much can you earn

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this particular side Hustle the range is

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huge you might not be earning anything

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in the first few months or even years

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but once you hit that growth trajectory

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you'll be earning anywhere between 2 to

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three lakhs a month but there is a very

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well high possibility that you will

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never hit that curve but the additional

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advantage of creating content online is

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that you are creating your personal

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brand now you might say hey P what's the

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point of building personal brand I'll

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tell you a few benefits number one is

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when you want to go ahead and recruit

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for a new job going forward you need not

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even give an interview or you need not

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submit a resume your online presence

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speaks for itself the second thing if

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you want to go study abroad where it is

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not just about cat or GMAT to crack an

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MBA or gr to crack a masters your online

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presence will be of a lot of help so

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please build that online presence and it

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can help you build your personal brand

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which has lot of other benefits beyond

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the monetary gains as well so don't

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ignore this side hustle just because the

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monetary gains are super long-term is

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and you might not earn anything and all

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you need to do is spend 1 hour a day

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consistently on creating content the

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sixth side hustle I want to talk about

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is your ability to start building

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websites if you are a group of three to

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four software Engineers somebody who has

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expertise in front end back end devops

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three to four people coming together and

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you can go approach a lot of boutiques

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in your city town all these boutiques

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have good generic offline presentence

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but they do not have any kind of online

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presence at best they have some social

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media presence you go ahead offer to

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them that hey I will build a website for

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you why not they'll take it up the only

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problem is you cannot charge one lakh so

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that each one of you will earn 30,000

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rupees you start off with 30,000 rupees

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each one of you will earn 10,000 rupees

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but there is a possibility that you can

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go to multiple boutiques after you have

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that first experience again I know

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people who got into small groups and

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start doing this again and again now a

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few of my friends are doing these

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activities for international clients as

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well and they charg anywhere between 3

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to four lakhs for each of their

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projects the seventh and the last side

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hustle that I want to talk about is

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becoming an executive assistant to a

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found

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to a Creator Etc I personally have

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multiple interns supporting me for my

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LinkedIn for my YouTube for my content

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creation and a bunch of other startups

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that I run I'm nothing without the

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support of these interns and these guys

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also some of them have full-time jobs

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and they reached out to me through just

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cold emailing I loved their passion I

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started as a one Monon trial gig and

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some of them are with me now for more

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than 2 years can you imagine that and I

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pay them approximately 20,000 rupees per

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month you will find these opportunities

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all you need to do is go ahead and look

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out for that founder in the area of your

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own interest so that you are passionate

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you are learning and also when you are

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working with these Founders you build

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your own network and that also has a

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high value beyond the immediate monetary

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gains and how much time do you need to

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spend well at least in my case folks

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spend roughly 1 hour a day they work 9

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to 10 p.m. 10 to 11:00 p.m. doesn't

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really matter for me but they just get

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the work done and I know a lot of

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Founders who hire interns on a regular

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basis go figure out who is hiring who

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you can reach out to who you consider as

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a role model so that it becomes an added

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advantage in your profile going forward

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as well now to close off the

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conversation I want to highlight two

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things number one is you need to

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understand what is the area of your

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strength or you might have some interest

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if it is not monetizable go pick up on

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that skill polish those rough edges

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spend some money take a course and then

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go ahead and start with the side Hustle

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the second thing all these side hustles

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are practically implementable I know

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people who are doing who are executing

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on all these side hustles so please

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don't say to anybody that I don't know

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what to do and this sounds like Theory

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no it does not sound like Theory people

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do that every single day all you need is

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the right motivation

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thank you so much guys if I missed any

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side hustle please do go ahead put it in

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the comments box and I will pin it we

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look forward to seeing you again in the

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next one

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bye-bye

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