As we continue to settle into 2023, many of us are looking for ways to supplement our income, to better cover our expenses, or to move us closer to financial freedom. One way to do this is through a side hustle – a part-time gig that can bring in extra cash while still allowing you to keep your day job. Here are eight side hustles that are poised to be hot in 2023.

 

1. Online Tutoring

When major examinations are imminent, or if children are struggling in school, parents tend to be prepared to invest in extra lessons and tutoring to give their children the extra help they need. Thanks to the pandemic, there is now a greater appreciation that these services can be accessed remotely, and so the demand for online tutors is on the rise.

If you are interested in offering such services, there are a variety of options from which to choose, ranging from getting attached to larger international online tutoring platforms that will secure the students and address all of the administrative and operating requirements, to operating independently. Regardless of how you decide to offer your services, it is important that you are suitably qualified to tutor and are familiar with the curriculum and testing requirements your students may need to satisfy.

 

2.  Social Media Management

Small businesses and entrepreneurs are always on the lookout for help managing their social media accounts. If you have a knack for crafting engaging content and building a following, this could be the side hustle for you.

Having said this, it is important to note that in working with businesses, understanding the various social media platforms, the important metrics that ought to be tracked, and being able to devise cogent strategies, will be crucial. Some businesses may be looking for advice or consulting services, whilst others, someone to devise and implement a strategy. There may thus be some flexibility and variety in the types of services you can offer to meet the needs of clients.

 

3.  Virtual Event Planning

If you check your social media feeds, not a week goes by without a business event being held. Before the pandemic, events were considerably fewer, as they would be held in person. The number of online events has exploded, and this trend is likely to continue in 2023.

However, although the number of events has increased considerably, in many instances, the quality of the events is lacking. The management of the event and the associated logistics can be problematic, which can undermine the quality of the content that is being delivered. So, if you’re organised and have a creative eye, planning virtual events for clients could be an excellent side hustle.

 

4.  Graphic Design

Branding and images have become vital in our increasingly digital world, and for businesses to stay competitive. If you have a talent for creating visually appealing designs, you can make money designing logos, flyers, and other materials for businesses and individuals.

Having access to the requisite software that can produce designs in popular formats for print and digital use is crucial. However, being able to use the software is not enough to really add value to your clients. Being able to translate and extrapolate from the brief the client gives you to produce a variety of options from which they can choose will really set you apart from most of the other graphic designers in the market.

 

5.  Online Personal Shopping

Shopping can be a form of relaxation and therapy for many, but it can also be a source of stress and time consuming. So, although more and more people are shopping online, the stress and time-consuming nature of the experience still exists.

As a result, there’s a growing demand for personal shoppers to help people find the perfect items whilst freeing up their time to focus on other things. The demand tends to increase when gifts or lots of buying is expected, such as around holidays, important commemorative dates, such as Valentine’s and Mother’s Day, back to school, and major sales periods.

 

6.  Virtual Assistant

Micro and small businesses and entrepreneurs are often overwhelmed by the administrative requirements that go with running their businesses. They may not have the revenue to employ someone full-time to attend to administrative tasks, and it may not even be enough to keep someone occupied on a part-time (20 hours per week) basis.

Offering your services as a virtual assistant can be an excellent side hustle, which can be crafted to suit your strengths. Entrepreneurs and business owners tend to need a variety of services, including bookkeeping, clerical/secretarial support, and basic marketing/social media support. Depending on the client and their needs, you can agree on the types of tasks and the number of hours per week that would be allocated to them, thus allowing you to manage several clients at the same time.

 

7. Freelance Writing

With all the images and videos there are online, there is still a demand for text-based content: for blogs, articles, long-form posts and instruction manuals, to name just a few. The basic requirement would be to have excellent written communication skills, but having more specialist knowledge of one or more fields may allow you to charge more for your services.

The trick with freelance writing is to know how to write effectively, to get your point across, and efficiently, in terms of your writing process. If the quality of your writing is good, and readers respond to it well, you may easily be able to build up a loyal client base and enjoy steady demand.

 

8. Handmade Goods

Although almost everything we need can be commercially manufactured, there is still a premium on homemade and handmade products. If you are crafty, you can make money not only selling these homemade items, but also items you have custom designed. You may also be able to charge a premium for items you make based on customers’ specifications.

From jewellery and clothing to home decor and artwork, there’s a market for all types of handmade items. To have access to the widest market, items can be sold online via social media and/or in online stores.

 

These are just a few of the many side hustles that could be considered in 2023. No matter what your interests or skills are, there is a side hustle that’s a perfect fit for you. All you need to do is to spend some time figuring out what that might be. Our list is just to give you a headstart.

Happy hustling!

 

 

Image:  Garrhet Sampson (Unsplash)