Earning cash on the side
Side hustles can be a quick way to turn your skills into extra cash. Getting started, however, is easier said than done. Here are some thought starters you can use to help yourself get on the path to success.
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This content reflects the real-life experiences of individuals. Participants received compensation for sharing their stories. Venmo is not making any recommendations regarding finances. Consider seeking advice from your financial advisor.
Earning cash on the side
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Side hustles can be a quick way to turn your skills into extra cash. Getting started, however, is easier said than done. Here are some thought starters you can use to help yourself get on the path to success.
This content reflects the real-life experiences of individuals. Participants received compensation for sharing their stories. Venmo is not making any recommendations regarding finances. Consider seeking advice from your financial advisor.
What’s right
for you?
The best side hustle comes from a skill or passion. It helps if it’s one you enjoy, but the focus is finding something that can turn into extra cash.
What’s right
for you?
The best side hustle comes from a skill or passion. It helps if it’s one you enjoy, but the focus is finding something that can turn into extra cash.
Think over any hobbies, interests, or talents you have that could grow into a revenue stream. Love thrifting? Keep an eye out for vintage pieces ready for a new life on the second-hand market. Work as a graphic designer? Get paid exploring new creative territory with your own personal projects.
If you’re having trouble thinking of something, make a list of soft skills you’ve acquired through your main gig or ask friends and family to describe your strengths.
Where do you get started?
Once you have an idea, it’s time to do some research. Getting familiar with the space you’re entering will help create a plan, identify opportunities, and more.Say you want to sell handmade ceramics at a local flea market.
First – Find your customer
This will help decide everything from pricing to the products or services you provide, so it’s important to know who you want to reach.
This will help decide everything from pricing to the products or services you provide, so it’s important to know who you want to reach.
Then – Look at the cost of materials
Buying in larger quantities, or from another supplier, could mean more money in your pocket.
Buying in larger quantities, or from another supplier, could mean more money in your pocket.
Finally – Size up the competition
Examining the market itself can inform much of your approach. For example, an expensive booth in a highly competitive space could mean an online store is more effective. Alternatively, high potential demand could turn into a big payday.
Examining the market itself can inform much of your approach. For example, an expensive booth in a highly competitive space could mean an online store is more effective. Alternatively, high potential demand could turn into a big payday.
What's your goal?
Career steppingstoneCareer steppingstone
Your side hustle doesn’t have to be the next billion-dollar idea but remember it can still turn into something more. Knowing you have bigger plans can allow you to focus on growth, prioritizing what will get you ahead with the time and resources you have available.
Your side hustle doesn’t have to be the next billion-dollar idea but remember it can still turn into something more. Knowing you have bigger plans can allow you to focus on growth, prioritizing what will get you ahead with the time and resources you have available.
Extra cashExtra cash
Just in it for another paycheck? Take the time to set up boundaries and plan working hours around not only your main job, but anything else going on in your life. This will help protect you from overworking or investing more than you had planned.Just in it for another paycheck? Take the time to set up boundaries and plan working hours around not only your main job, but anything else going on in your life. This will help protect you from overworking or investing more than you had planned.
Fuel a passionFuel a passion
A side hustle can have benefits beyond money as well. Supporting causes you care about or finding outlets for new hobbies and talents can be more effective when you have, and are able to focus on, work that puts them front and center.A side hustle can have benefits beyond money as well. Supporting causes you care about or finding outlets for new hobbies and talents can be more effective when you have, and are able to focus on, work that puts them front and center.
Take your side hustle to the next level
Sign up for a business profile on Venmo and get access to features that can help make running your side hustle even easier. From managing payments to making connections, it’s as simple as sending money and splitting bills with friends.
Keep more of your money
There’s no cost to start, plus a low seller transaction fee of 1.9% + $.10, no monthly fees, and the ability to accept tips.
Stay organized
Switch between your personal and business profiles with only a tap, making it easier to manage cashflow and keep personal transactions separate.
Easy checkout
Take payments virtually through the app or in-person with a unique QR code.
Get discovered
Grow, expand, and find new customers with customization options that help you stand out in the feed.