Could an AI Assistant Be Your Next Best Business Decision?
As side hustlers, a lot of our time is spent on stuff that, while important, is not very glamorous. So, why not let AI do the menial tasks for you instead?
As side hustlers, a lot of our time is spent on stuff that, while important, is not very glamorous. So, why not let AI do the menial tasks for you instead?
Hussein Hallak is a seasoned entrepreneur, prolific advisor, and thought leader in the tech space with a career spanning over 25 years. He’s the founder and CEO of Next Decentrum, a …
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Whether you’re a freelance designer, a budding entrepreneur, or a part-time consultant, your side hustle’s vitality depends on your ability to attract and retain clients.
This isn’t just about increasing revenue; it’s about validating your skills, expanding your professional network, and, most importantly, turning your passion into a sustainable venture.
Trying to get more clients can seem daunting, especially in a market brimming with competition. However, with a blend of strategy, perseverance, and creativity, you’ll find yourself with a waiting list in no time!
In this week’s newsletter, we’ll delve into practical, innovative strategies that can catapult your side hustle to new heights.
From leveraging digital platforms to harnessing the power of word-of-mouth, we will explore a spectrum of approaches suited for various industries and personality types.
Whether you’re at the beginning of your side hustle journey or looking to scale up, these insights will equip you with the tools needed to thrive in business. So let’s get started!
If you’ve started an affiliate marketing side hustle but haven’t seen much success yet, you’re in good company. Many of us have been right where you are, figuring things out …
We’re betting that when you think of social media influencers, the Kardashian-Jenner gals, and their respective Instagram posts immediately popped into your minds.
In truth though, social media influence goes far beyond celebrities like Kim!
Consider these Statista findings:
– Influencer marketing was worth $13.8 billion worldwide in 2021, double the market value from the year before.
– Instagram is the most popular platform for influencer marketing. With 6.12 million sponsored posts on Instagram in a year, the platform’s influencer marketing value is about $2.3 billion.
– Companies are known to spend their marketing budget on YouTube posts featuring influencers (While YouTube is technically a search engine and not a social media platform, it’s another important channel used by influencers)
– TikTok is another popular platform for influencers.
– For every $1 spent on influencer marketing, the average return on investment (ROI) is around $18.
So, what is the relevance of all this to your side hustle?
The experts have spoken: According to a study by Influencer Marketing Hub in 2021, 90% of marketers give influencer marketing a big thumbs up.
This is probably the foremost reason why you should, too.
And that’s what we’ll be talking about inside this newsletter!
For a hustle to really take off, you need either a lot of dumb luck or an effective marketing strategy.
Sure, you might have the best thing since sliced bread in your hands, but if nobody hears about it, who’s going to buy it?
If you are like me when I started, you might have a limited budget, and marketing can cost a lot. Luckily for us, there are a lot of great marketing channels out there that either won’t cost you much or are entirely free!
But cheap or free don’t come without downsides. I’ve tried pretty much every channel out there, and while you can achieve a lot of success, your mileage may vary. In order to get the most out of these channels, you have to put in the work.
Inside this newsletter we’ve brought you the research so you can choose the cheap marketing channel that fits your hustle best.
Having a side hustle can be extremely rewarding…
It gives you extra money to pay your bills or spend on really cool stuff. You get to meet awesome people, too. Best of all, you get to do your thing without a boss breathing down your neck.
However, it comes with its challenges!
Is your side hustle something you see doing long-term? And if you decide to do it full-time, is it possible to turn it into a business?
Taking a side hustle to the next level is not easy, especially if you don’t have the budget to turn it into a legitimate business. But you can explore various growth hacks that will not cost you an arm and a leg.
Side hustle growth hacks can range from easy (DIY-level) to tricky (need-more-study-and-practice-level), but all of them are worth at least exploring. While some “growth hacks” may be doable or even easy to accomplish, it still requires focus and dedication to truly grow your side hustle.
Keep reading to discover the latest side hustle growth hacks, trends, and tools.