{"id":15747,"date":"2022-06-16T08:26:00","date_gmt":"2022-06-16T13:26:00","guid":{"rendered":"https:\/\/theamericangenius.com\/housing\/?p=15747"},"modified":"2023-06-19T12:43:40","modified_gmt":"2023-06-19T17:43:40","slug":"5-side-hustles-that-could-turn-into-your-next-career","status":"publish","type":"post","link":"https:\/\/theamericangenius.com\/housing\/editorials\/5-side-hustles-that-could-turn-into-your-next-career\/","title":{"rendered":"5 money-making side hustles that could turn into your next career"},"content":{"rendered":"<p>When you think of finding side hustles, you might picture yourself finding obscure jobs as a bike courier three nights a week or maybe even walking your neighborhood dogs. Both of these positions can be fun and pay extremely well depending on who you work for.<\/p>\n<p>There are endless opportunities for part-time, enjoyable, <a href=\"https:\/\/theamericangenius.com\/business-news\/will-fare-uber-game\/\" target=\"_blank\" rel=\"noopener noreferrer\">profitable side hustles<\/a>. However, if you take on any of the following side gigs, you could end up with a new career.<\/p>\n<p><strong>1. Day trading<\/strong><\/p>\n<p>Day trading is the purchase and sale of a stock, bond, or security all within the same day. Many entrepreneurs are drawn to day trading because it\u2019s fast-paced and risky, but with the right skills, day trading presents a potential for serious profit.<\/p>\n<p>If you\u2019re curious about day trading, RJO Futures published <a href=\"https:\/\/rjofutures.rjobrien.com\/learning-center\/futures-trading\/how-to-day-trade-futures\" target=\"_blank\" rel=\"noopener noreferrer\">a guide on how day trading works<\/a>. RJO\u2019s article explains that whether you trade from a large firm or on your own, you\u2019ll need three tools:<\/p>\n<ul>\n<li>Access to a trade desk. This will give you instant order actions the moment your trades are placed.<\/li>\n<li>Analytical software. Analytical software will help you identify key indicators to inform your next move.<\/li>\n<li>Access to news outlets. Day trading \u2013 specifically day trading futures \u2013 is volatile. Prices move by the second and having access to news outlets will give you a heads up if your market might be affected.<\/li>\n<\/ul>\n<p>Be aware that if you enjoy day trading and get good, you might want to go full-time. It\u2019s possible to turn day trading into a career, but the learning curve is steep.<\/p>\n<p><strong>2. Investing in real estate<\/strong><\/p>\n<p>Real estate is a lucrative industry, but it\u2019s not for everyone. Popular among entrepreneurs, investing in real estate requires long hours of study, extensive research, and getting your hands dirty.<\/p>\n<p>Usually, real estate investors have side hustles to supplement their income. However, many people get into real estate as a side hustle and end up turning it into a career.<\/p>\n<p>If you want to get started in real estate, don\u2019t jump to investing right away. Take the <a href=\"https:\/\/www.biggerpockets.com\/blog\/2014-08-06-4-real-estate-side-income-streams-sustain-pursue-investing-full-time\" target=\"_blank\" rel=\"noopener noreferrer\">expert advice from the folks at Bigger Pockets<\/a> and start by learning about the industry. Get a part-time job as an assistant property manager to pick up industry knowledge and learn your local landlord-tenant laws. If you\u2019re going to invest in real estate to rent out, you\u2019ll be a landlord at least for a short period of time until you hire a property management company.<\/p>\n<p>If you know someone who can help you make your first investment, you don\u2019t need to wait. However, to be successful you have to think outside the box to gain a full spectrum of industry experience.<\/p>\n<p><strong>3. Content writing<\/strong><\/p>\n<p>Every business needs content writers and many are willing to settle for any level of proficiency. If you have any writing skills, you can easily pick up some content writing gigs on job listing sites.<\/p>\n<p>If you love writing, you might start out writing one blog per week and decide you want to pursue writing full-time. If it\u2019s truly your passion, stick with it and you\u2019ll find the right clients who will pay you generously for your work.<\/p>\n<p><strong>4. Coaching<\/strong><\/p>\n<p>Whatever people are struggling with, there\u2019s a coach to save the day. Life coaching and business coaching are the most popular, but you can coach people on anything you\u2019re passionate about.<\/p>\n<p>Being a coach isn\u2019t easy. Even people who intentionally start a career as a coach struggle. What most people don\u2019t realize about coaching is that <a href=\"https:\/\/theuncagedlife.com\/life-coaches-dont-quit-day-job\/\" target=\"_blank\" rel=\"noopener noreferrer\">passion does not equal profit<\/a>. Coaching is a hard sell, but life coaching is especially difficult. Running a coaching business requires more than business skills \u2013 you need to be proficient at helping people solve their problems.<\/p>\n<p>If you\u2019re good at helping people solve their problems, there\u2019s a chance you might get addicted to being a coach. There\u2019s nothing more satisfying than helping people grow and transform their lives.<\/p>\n<p><strong>5. Thrifting<\/strong><\/p>\n<p>It\u2019s not hard to find sellable items at your local thrift stores. However, you need an eye for what people want to buy. If you\u2019ve got that eye, you could end up with a new career.<\/p>\n<p>For example, Natalie Gomez, a former merchandise planner at Macy\u2019s, took on thrifting as a side job and <a href=\"https:\/\/www.cnbc.com\/2017\/10\/16\/35-year-old-has-made-over-100000-reselling-clothes.html\" target=\"_blank\" rel=\"noopener noreferrer\">wound up making thousands of dollars<\/a>. Gomez was interviewing for a new job when she realized she was already making a good living selling clothes.<\/p>\n<p><strong>Enjoy your side hustles<\/strong><\/p>\n<p>Even if you don\u2019t turn your side gigs into a career, take on gigs you enjoy. Money is necessary, but it\u2019s never worth sacrificing your happiness.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The job market is out of whack &#8211; maybe now you can explore something new and actually make a career change. Here&#8217;s 5 side hustles to try!<\/p>\n","protected":false},"author":335814,"featured_media":20911,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"wds_primary_category":0,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[254],"tags":[253,1953,1234,2150],"class_list":["post-15747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editorials","tag-editorial","tag-hustles","tag-real-estate-news","tag-side-job"],"jetpack_featured_media_url":"https:\/\/theamericangenius.com\/housing\/wp-content\/uploads\/sites\/2\/2023\/06\/Daytrade.png","jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/15747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/users\/335814"}],"replies":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/comments?post=15747"}],"version-history":[{"count":6,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/15747\/revisions"}],"predecessor-version":[{"id":20074,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/15747\/revisions\/20074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/media\/20911"}],"wp:attachment":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/media?parent=15747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/categories?post=15747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/tags?post=15747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}