A side hustle refers to any employment or business venture someone does to make an income outside of their regular job. Side hustles are mostly freelance or remote work due to the flexibility and freedom in working hours. Having a side hustle has become popular in Nigeria because many people are looking for multiple skills to sustain their livelihood.
Advantages of Starting a Side Hustle business in Nigeria
There are lots of advantages to having a side hustle today. Some of them include;
- Extra income: This is one of the top reasons why people engage in the inside hustle, to earn extra income aside from the regular salary. You can engage in a side hustle if you give a skill or business that you can introduce to people who will readily need your product or services.
- Learn new skills: Starting a side hustle can help you learn new skills which you can use to make more money for yourself. There are many skills on demand that one can learn online and begin side hustle with. Such skills include. Graphic design, digital marketing, etc. if you do not have the skill to start a side hustle, consider learning one.
- Self-employment opportunity: Side hustle provides jobs for people if they become successful. Owning a successful side hustle can give you the courage to leave your job as an employee and focus on building your own business
- Enhances your career: Apart from the freedom from your regular job, a side hustle allows you to enhance your career and make a name for yourself.
- Increase your network: Side hustle is one sure way of growing your network. A side hustle helps you meet new contacts who can have a great impact on your business. Social media is one of the easiest ways to network and build your skills.
Challenges that come with starting a side hustle include
- It is time-consuming.
- It can distract you from your main job.
- It is energy-consuming.
- The slow rate of growth.
Why an employee needs side hustle business
Employees these days find skills they can turn into a business to make money to get extra income apart from their salaries. Having a side hustle can be beneficial in so many ways.
- Increases creativity: Aside from work, it allows people to discover their level of creativity asides from what they do on regular bases.
- Helps people find their passion: Employees can engage in a side hustle to seek their passion, and find out what makes them happy. Employees who engage in their passion are very productive at work and will boost their attention to working harder.
10 of the best side hustle business ideas
1. Social media manager:
These days many businesses need someone to handle their social media platforms. You can find jobs by contacting local business owners, letting them know of the service you render or finding jobs online. This is very easy to do and you can have time for your regular job. Skills required for the social media manager position include understanding how to use different social media platforms like Instagram, Facebook, and Twitter, creating engaging content, and good communication skills.
2. Youtube tutorials:
With the constant uploading of engaging content on youtube, you can make money from it. All you have to do is to teach or inform people about some things you know well. and how they can understand it too. Some tutorials you can posts can be cooking, baking tutorials, how-to videos, and so on.
3. Writer:
You can earn extra income by becoming a freelance writer if you have a passion for writing. You can write for people or start a personal blog. Some freelance platforms to try out are freelancer, Upwork, or Fiverr.
4. POS Agent:
This business is very common in Nigeria now, it saves people from the stress of going to the bank to make deposits or withdrawals. The job is very flexible, you can start one at your place of work and at home.
5. Event Planner:
If you are good at this, event planning is one of the top ways you can earn money on the side. People love to party, birthdays, weddings, naming ceremonies, church events, and the likes, the only setback here is finding your first client, once you do and you get it done well, you are good to go.
6. Food Delivery:
If you are amazing at cooking, you can start preparing food and delivering it to people. If you run a job you can schedule your food delivery business for weekends or evenings, depending on you. As long as your meals taste good, people will always come back.
7. Gifting Service:
If you are good at suggesting gift ideas to people who find it difficult to get gifts for people you can start by making gift packages and taking pictures of them to attract customers who will like to make one for their loved ones. Always carry out your research when making gift boxes to properly make one.
8. Real estate Agent:
People are always looking for a place to rent or buy. With this demand, becoming a real estate agent is easy, all you have to do is to stand out amongst the rest and be reliable.
9. Resume Writing Services:
If you're great at creating CVs, resumes, and cover letters, you can start marketing this skill as a side hustle using your social media channels.
10. Make-up artist:
If you have makeup skills and love to make people look beautiful. You can start by making up your friends or sisters and posting them online to attract customers who may need your services for birthdays, weddings, or other events.
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