Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.
Are you a creative entrepreneur looking to diversify your income streams in 2024? If you are, you’re in luck because you can take advantage of the many opportunities to turn your passions into profitable businesses. For example, you can try graphic designing, writing, or artistry.
The bottom line is that there’s a side hustle out there that can help grow your skill set and income. This article shall focus on seven lucrative side hustles you can do to boost your income.
Selling custom-made apparel is one of the most exciting side hustles you can do as a creative entrepreneur. With the rise of print-on-demand eCommerce platforms like Printful, it’s now easier to start a clothing line by creating unique designs.
For example, t shirt printing companies or brands looking to get into selling custom apparel can take advantage of this side hustle without having to worry about upfront inventory. The great thing about this side hustle is that you only need custom designs; Printful handles all the production and fulfillment to your customers.
Modern businesses and entrepreneurs always need talented designers to create logos, websites, and marketing materials. Platforms like Upwork and Fiverr provide a marketplace for freelancers to connect with clients.
Success with freelance graphic and web design depends on having a good portfolio that markets your services to potential clients. You can also use social media marketing to attract and land clients.
Are you a bookworm? If you are, you can capitalize on that and make money from reading and reviewing books. This is a great side hustle for the right person because you only need a love for reading and the ability to form honest opinions about the books you read. Several sites can pay you to review books, including Online Book Club, Book Browse, Reedsy, and Instaread.
If you’re a digital artist, selling your work online can be a highly profitable side hustle. Some good places to sell digital art and prints include Etsy, Redbubble, and Society6.
Besides reaching a global audience, this side hustle can also generate passive income. After listing your art and prints for sale, you can generate income even as you sleep—assuming you ace the marketing part of the business.
Photography services are another creative side hustle you can try. For starters, offer your services for weddings, corporate events, or family portraits.
Another option is to sell your photos on stock photography websites like Shutterstock and Adobe Stock, which can help you generate a steady stream of passive income. It is important to stay active on social media and have a professional portfolio website that can help you attract more clients and grow your business.
If you enjoy working with your hands, crafting and selling handmade goods can be a rewarding side hustle. After creating your designs, you list them on marketplaces like Etsy. Some examples of craft products you can make include jewelry, home decor, personalized gifts, and even sown outfits.
If you’re eager to turn your hobby into a profitable side hustle, crafting will allow you to do that while offering your customers unique products. However, marketing yourself well is the secret to success with this, which you can do using online marketing strategies or participating in local crafting fairs.
Creating and selling e-books can be a lucrative side hustle. You can write fiction ebooks, non-fiction e-books, or even instructional guides. Platforms like Amazon Kindle Direct Publishing and Selar make publishing and selling your e-books to a global audience easy.
Like some side hustles we’ve looked at, publishing books is a great, creative side hustle because it has the potential for passive income, especially if you publish books that establish you as an authority in your niche.
Marketing-wise, promote your e-books through social media like Instagram, Facebook, TikTok, and your website.
This year has aligned in your favor as a creative entrepreneur because it has brought about several opportunities you can use to generate an income. All you have to do is identify a niche that aligns with your talent, specialize in it, and leverage the power of social media to advertise and gain a strong audience and customer base.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.