These 5 Simple lucrative side hustles can help your net worth

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Over the years people have continued to make new discoveries and it is no longer a secret that you can grow your income from severely broke to comfortable just by the side hustles you choose to engage yourself in.

Side hustles ranging from drop shipping, affiliate marketing, CPT marketing, Amazon Publishing, product testing and the likes have helped people transform their lives, settle embarrassing debts and even launch business which today have a million dollar valuation.

This write up opens everyone up to some of these highly lucrative opportunities which you must understand are in demand side hustles which can transform you. To top it all up some of these side hustles can earn you up to $3000 every month if done diligently.

1. Selling unwanted Items

Most home owners over time collect lots of unwarted items in storage. These may range from old furniture to abandoned appliances but one thing is certain sooner or later we tend to practice “out with the old, in with the new” philosophy. Instead of allowing such items to take up space in the house, you can dispose them on platforms like eBay and OfferUp for decent pay. The best part is that you can make a profession out of this by doing it for others for a commission. How hard should it be to help your neighbors get rid of their unwanted home items.

2. Trading stock photos

This is particularly a green field for those who love photography or collect great photos. Do you realize you can earn good money posting these photos on stock photo platforms? Photography is a broad “culture” and these photos can be of anything from the regular photos you have saved up on your phone to the scenic travel photos or photos appreciate nature.

There is a ready market for your photos as online marketers, and bloggers alike are constantly searching for the right copyright free photo to graphically express the contents on their website.

You will find platforms like Depositphotos and Shutterstock always willing to grow their portfolio with the appropriate free images and this is a massive opportunity for even an amateur photographer. Distinctiveness, quality and quantity of photos is however the deciding factor for how much you can earn from these platforms but this may range from $100 to $500 a month.

3. Babysitting & pet-sitting

This is a highly competitive side hustle for obvious reasons. However by building a good reputation getting decent reviews and referrals from your client base will guarantee you never run out of work. Whether you rely on online or offline platforms ensure you maintain an upstanding reputation to secure loyal clients and regular referrals. Babysitters and pet-sitters may earn up to $20 per hour and $18 per hour respectively.

4. Product testing and research studies

Lots of people are still yet to realize that they can get paid for their view and opinions. Market research companies dealing in consumer goods are constantly seeking for users to carry out product testing, surveys to understand the opinion of customers and improve products and customer experience.

This side hustle can generate anywhere from $10 to $500 based on consistency. There are also lots of sites such as Survey Junkie offering up to $150 an hour to its participants through paid focus groups.

5. Transcription

A decent typist could earn from $20 per hour for transcription of audio. These pricing ultimately increases for the more advanced disciplines such as medicine and law where professional experience counts.

There are lots of online platforms regularly hiring transcribers such TranscribeMe, Speakwrite etc. These platforms offer transcriptionist opportunities to transcribe at their own pace. Workers on a platform like Speakwrite can make as much as $3000 a month based on the level and volume of work done.

As originally reported in (https://www.cnbc.com/2022/08/10/earn-extra-income-with-11-lucrative-side-hustles-says-millionaire-some-can-pay-you-3000-a-month.html)

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Andy Jacob, Founder and CEO of The Jacob Group, brings over three decades of executive sales experience, having founded and led startups and high-growth companies. Recognized as an award-winning business innovator and sales visionary, Andy's distinctive business strategy approach has significantly influenced numerous enterprises. Throughout his career, he has played a pivotal role in the creation of thousands of jobs, positively impacting countless lives, and generating hundreds of millions in revenue. What sets Jacob apart is his unwavering commitment to delivering tangible results. Distinguished as the only business strategist globally who guarantees outcomes, his straightforward, no-nonsense approach has earned accolades from esteemed CEOs and Founders across America. Andy's expertise in the customer business cycle has positioned him as one of the foremost authorities in the field. Devoted to aiding companies in achieving remarkable business success, he has been featured as a guest expert on reputable media platforms such as CBS, ABC, NBC, Time Warner, and Bloomberg. Additionally, his companies have garnered attention from The Wall Street Journal. An Ernst and Young Entrepreneur of The Year Award Winner and Inc500 Award Winner, Andy's leadership in corporate strategy and transformative business practices has led to groundbreaking advancements in B2B and B2C sales, consumer finance, online customer acquisition, and consumer monetization. Demonstrating an astute ability to swiftly address complex business challenges, Andy Jacob is dedicated to providing business owners with prompt, effective solutions. He is the author of the online "Beautiful Start-Up Quiz" and actively engages as an investor, business owner, and entrepreneur. Beyond his business acumen, Andy's most cherished achievement lies in his role as a founding supporter and executive board member of The Friendship Circle-an organization dedicated to providing support, friendship, and inclusion for individuals with special needs. Alongside his wife, Kristin, Andy passionately supports various animal charities, underscoring his commitment to making a positive impact in both the business world and the community.