Technology

How to make the most money with a part-time job

During start a side job allows you to pursue interests and hobbies outside of your 9-5, ultimately using them as a way to monetize those interests and earn an extra income.

Many hope their side hustles will grow into full-fledged businesses, but how do you make that financially viable? How can you make the most money with your part-time job?

Here we have collected the best tips on how to make the most money with your part-time job. With comments from the following professionals…

  • Clare McKeeve – CEO at Talenthouse
  • Michael Zall – Founder and CEO of YellowBird
  • David Ciccarelli – Founder and CEO of Voices.com
  • sea ​​watts – Founder of Siddhi Yoga
  • Lyle Solomon – Principal Counsel at Oak View Law Group
  • Michael Jonca – Community Manager at PhotoAiD

For questions, comments or features, please contact us directly.

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Clare McKeeve

Clare McKeeve Talenthouse CEO

Company: talent house

Website: https://business.talenthouse.com/

“In recent years we have seen a shift in people’s priorities as they spend more time at home and invest time and money in their passion projects and side hustles. While side hustles typically provide extra income or a no-cost hobby, for many the ultimate goal is to turn a side hustle into a full-fledged business. It is therefore crucial that entrepreneurs carefully consider the platforms they choose to set up, operate and monetize their business.”

“Although side hustles are a side income, it is important that entrepreneurs choose a platform that supports their financial needs. Creative people, for example, are poorly served by traditional financial institutions, and as such, those who have a side creative job should seek a platform that gives them the tools to efficiently manage their billing and bookkeeping. This gives them both the freedom to focus on their creativity and the ability to scale the side business if they wish.”

“At the same time, it is important to work with a platform that offers well-paid and interesting jobs. Often the largest companies offer the highest financial rewards, while other fast-growing companies are known for their innovative and forward-thinking approach. It’s important for entrepreneurs to review the platform’s client list to ensure that the opportunities presented to them not only pay them well, but also help them learn and grow.”

“Finally, entrepreneurs should work with a platform that supports their broader community and business needs. On some platforms, entrepreneurs can build their own profile and network with like-minded people. This can be tremendously valuable, both for those who are breaking into an industry and for those who are positioning themselves and their sideline activities for the future.”

Michael Zall

Michael-Zalle-YellowBird

Company: yellow bird

Website: https://www.goyellowbird.com/

“In order to make the most money from a side job, individuals will want to leverage their most valuable professional skills, whether it’s safety assessments, graphic design, computer modeling, or accounting. The gig economy is no longer just for delivery drivers and dog walkers. As the Great Retirement drags on, employers have begun to turn to freelancers and contract workers for highly skilled professional work, and they are willing to offer higher wages, flexibility and, in some cases, even insurance.”

“Many professionals market their part-time jobs on social media platforms or job boards to find project work. But that wastes time and money creating posts, searching for listings, and responding to job offers. There is also always the question of when and how they will be paid.”

“To find your own career path, find the highest-paying jobs, and learn new skills, professionals are encouraged to look for dedicated gig economy platforms that target specific industries. The best professional services gig platforms use artificial intelligence to match an individual’s skills and certifications to specific projects in minutes, then automatically contact the individual to see if they’re open for work. One example is YellowBird, which brings together risk management and environmental, health and safety professionals with companies in high-risk sectors such as construction, manufacturing, mining and insurance. YellowBird’s EHS professionals make an average of $65/hour and can accept or subcontract any project without compromising their ability to secure future business. Unlike other labor platforms, YellowBird takes the extra step of liability insurance, pays workers directly and doesn’t charge them a fee.”

“Nowadays there are many opportunities, even LinkedIn has announced that they will come to market. But not all platforms are created equal, so I encourage individuals to try multiple platforms that offer a wide range of specialized project work, high-paying jobs, remote opportunities, and insurance.”

David Ciccarelli

David Ciccarelli Voices.com CEO

Company: Voices. com

Website: https://www.voices.com/

“The simple answer is to find something you really enjoy and can see yourself doing for the next year or two, hopefully longer.”

“In the beginning, you probably won’t be making enough to cover the rent or the mortgage, but over time you’ll get more clients who will come back to you month after month, year after year.”

“By delving into an area that you’re not only good at but also enjoy doing, you can attract clients who are looking for your expertise, and you can also develop a portfolio of work to match, which in turn attracts other clients. In short, success breeds success!”

sea ​​watts

Meera-Watt

Company: Siddhi Yoga

Website: https://www.siddhiyoga.com/

“Saving money and increasing it over time takes a lot of patience and time. So start investing the money you earn from your part-time job. But I won’t recommend jumping straight onto it. Take advice and lessons from your friends or family who have done it in the past. If possible, you can also enlist the help of a financial advisor who knows how to handle your money. So you are in safe hands.”

“No matter how much you save, turning it into a big number is a time game. That is why it is best to invest in it. This way you not only increase your savings but also save for your future that will only help you one day.”

For questions, comments or features, please contact us directly.

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Lyle Solomon

Lyle-Solomon

Company: Oak View Law Group

Website: https://www.ovlg.com/attorneys/lyle-david-solomon/

“Working from home has opened up many avenues for us. Sometimes when the 9-to-5 job isn’t enough, we look to the skills we have that can easily bring us extra money if used properly.”

“As…”

Self-employed: “Freelancing is a great way to make extra money. As a freelancer you can use your skills and your creativity for yourself. Here you can write, paint and do graphic design or digital art. You can also become a virtual assistant or try to become a consultant to provide information on subjects about which you have extensive knowledge. There are lots of jobs out there just waiting.”

Airbnb: “You can try hosting for Airbnb. Airbnb is a fantastic resource for people who want extra living space or even rent out their entire home. If you need money fast, AirBnB offers you a way to build a good part-time job. To avoid problems or potential scams, you get paid 24 hours after a guest checks in. Some people make a living just renting out a room or residence on Airbnb.”

Get into wholesale: “If you like the idea of ​​running an online business but want to be more involved in the process, opening an online store through wholesale may be the best route for you. This is a business model where you buy many things in bulk at a low cost and then sell them to your customers at a higher price.

Michael Jonca

Michal Jonca PhotoAiD

Company: PhotoAiD

Website: https://photoaid.com

“I believe that anyone can make money with a part-time job. And if you invest some time in planning, you can make the most of it!”

“First of all, you have to keep in mind that developing your skills is ‘only’ part of maximizing your income with a side job. The essential but often underestimated factor is how well you can sell yourself. Believe me, people judge a book by its cover. Once you’ve created a profile on a gig site like Freelancer.com, Upwork, or Fiverr, spend a few hours making it look as professional as possible. Make an impressive copy, take a good photo and fill in all the text fields. It seems obvious, but most people really don’t care about their profiles. What a waste of opportunities!”

“Second, take care of your customers. According to many statistics, acquiring a new customer is up to five times more expensive than maintaining the existing one. Provide them with quality work, reply to messages, and let them know you understand their needs. Remember, you should care about customer experience just like businesses do.”

“Third, think economically. The point is that any side hustle requires work and time to get done. Keep track of how long it takes you to complete a specific task and how much you earn in that time. This will give you an idea of ​​how much your work is worth. Because if you can earn more at the same time by doing another part-time job, why waste your resources on unprofitable things?”

For questions, comments or features, please contact us directly.

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Fry Electronics Team

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