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How to make money from side hustles

Business & Side Hustles 0

Side hustles are a great way to supplement your main source of income. Plus, they let you explore potential business ideas and learn new skills along the way.

In Singapore however, side hustles are usually frowned upon by employers, particularly those working in civil/public service. Although the official narrative is to declare and seek permission from higher management to commit free time to side hustles(especially when working for the government), many believe it is often tough to obtain permission due to possible conflict of interests.

There are a variety of successful side hustle opportunities, whether in-person or online, so chances are there is a side hustle that could work for you.

1. Driving Grab

You can choose to drive for Grab, or even as a taxi driver. Although many have declared different levels of earnings, this article claimed a Grab driver was able to make about $3,000 a week (driving full time of course)

However, on average, it is probably possible to make a few hundred dollars a week if you only drive during weekends.

You must first obtain your PDVL(Private Hire Car Driver's Vocational License or TDVL (Taxi Driver's Vocational License) of course.

2. Deliver food and parcels

You can sign up with Grab or Deliveroo for delivering food.

There are some courier services like uParcel and Pickupp which are always on the lookout for delivery riders as well

This allows you to make use of whichever means of transport you have to deliver food and parcels. Driving, cycling or even walking can be an option if the distance is nearby

3. Do freelance work

You can provide tuition or impart other skills (such as music or wushu) if you are good and have a penchant at teaching. The more obscure the skills, the higher paid you are for per hour basis. Higher demand also comes with more supplies. Skills that are in demand would be viewed more favourably than others.

You can also take up side projects (for example, web design or mobile app development), however, this may have conflict of interests with your day job

4. Online Surveys, tasks

Some websites offer paid surveys in which you provide your opinions and they will give you a gift voucher at the end of the session. There are often conducted by market research firms looking for responses from their target audience.

Examples are OpinionWorld or inFocus Group. However, these jobs dont come often as you may not always be the people they are looking for.

5. Content Creation

This is what many have dabbled into since 2000s with the start of blogging. Nowadays more people are into creating videos for youtube, tiktok and other video/social platforms.

You will need to be good with speaking and also creating storyboards, scripts and producing/editing videos and they have to be able to draw in audiences so that you will get advertising dollars. You may require to get more professional equipment for producing or streaming videos.

This usually takes a longggg time but you will be generating long term income if people like your videos

6. Selling things online

Although many consider this to be a sunset industry, this is still a viable means to make some money. Some people choose to use drop shipping (which means you dont hold any physical stocks of the goods), however there is more significant lead time which may irk the consumer (whoever doesnt want to receive their goods fast?)

Also, many have pivoted to livestreaming or auctions in order to reach out to a wider audience. Needless to say, you must have the showmanship in order to draw people in and for them to make purchases from you.