How to Get Side Revenues When You Have a Job
Having side revenues has become increasingly popular in the Philippines. Now that the pandemic has caused a tremendous shift in our daily lives, many people are looking for ways to get extra income while maintaining their 9-5 jobs.
Side revenue is extra income or additional money that you get from a side gig, part-time job, freelancing, or a small business.
Before you get started, you need to know what skills you have that you can leverage to start earning income from the side. For example, if you’re a digital marketer but are good with logo designing, you can sell your services online for a great fee.
There are so many possibilities for earning side revenues that you can take advantage of. On top of that, you don’t have to quit your full-time job. How interesting is that?
In this article, I will provide you with some ways to get side revenues while having a full-time job.
1. Freelancing
Freelancing has been around for quite some time. This activity allows you to provide services to clients for a certain fee. Rates for freelancing depends on the industry you’re in, your expertise, and your experience. The more experience you have, the higher your rates.
The common types of freelancing opportunities in the Philippines include:
- Content writing
- Virtual assistant
- Digital marketing
- Web and software development
- Transcription
- Data entry/ encoding
In freelancing, you have the freedom to choose your work schedule – whether that’s what time you start to work or how many hours you spend working, everything is up to you to manage. You can find freelance work on job portals such as; Onlinejobs.ph, Upwork, Fiverr, Indeed, LinkedIn, JobStreet, and more.
2. Start a blog
If you have a hobby or topic that you’re really passionate about, you can start a blog to share what you love with people on the internet. You’ll be surprised at how many people share the same interest as you.
There many avenues for monetization that you will find in blogging. These include:
- Google Adsense
- Affiliate marketing
- Selling your own physical or digital products, e.t.c.
Although earning money from blogging is slow initially, once you establish a loyal following, making money from blogging gets a little easier. Nowadays, it’s straightforward to start a blog thanks to cheaper hosting services and the availability of social media platforms for marketing.
3. Start a service business
There are plenty of service businesses that you can start at the comfort of your home. You can run some on your own, or you could hire someone to manage your business for you while you’re away at work.
Examples of service businesses you can start on your own include:
- Printing and photocopy
- Designing logos and calling cards
- Delivery of goods
- Business consulting
- Typing
4. Online selling
Online selling is a lucrative side hustle that will give you side revenues while you have a job. It’s easy to start an online store. All you need is an e-commerce website/ an online selling platform and products.
E-commerce platforms for online stores you can use are; Shopify, Bigcommerce, Magento, Woocommerce, and big cartel. You can use free platforms like Lazada, Shopee, and Carousell.
You can sell your products or buy from a wholesaler and sell the products on your website.
If you’re on a tight budget, you can start a dropshipping business. In dropshipping, you don’t need to buy products or ship them to your customer because your supplier will handle that for you. All you have to do is market your products.
5. Rent on Airbnb
If you have a room in your house that you’re not using, you can decide to rent it in Airbnb. Travelers nowadays are looking for cheap alternatives for hotels, and Airbnb gives them the luxury to save more money on the road.
If you can offer affordable boarding with other amenities for renters, you can make this your side hustle while keeping a full-time job.
6. Teach a language
There are many reasons people want to learn a new language. Some want to learn because they want to communicate with their business clients; others learn for the purpose of school. If you’re fluent in a language, you can make money teaching that language to others.
The Philippines is known for having the highest English literacy rates in South East Asia. Many ESL companies hire Filipinos to teach English to children online. One of the most popular companies that hire Filipinos to teach English to Chinese students is 51Talk, ABC 360, and Acadsoc.
7. Drive for Grab
If you have a spare ride, you can apply to a TNVS (transport network vehicle services) and drive people around after work. One of the leading TNVS companies you can apply to is Grab.
Full-time grab drivers make about 15,000 – 30,000 pesos. You can apply for a part-time grab driver and earn revenue while maintaining a full-time job.
8. Start a home baking business
If baking is an area of interest for you, you can start your own home baking business.
The advantage of a home baking business is that you save more money because you have the tools needed for baking right at home. You don’t need to rent a separate place or buy equipment for the business.
But before starting this business venture, you need to research the regulations and codes for setting up a home baking in your region. Baking is a great way to earn side revenues while working.
Conclusion
With the vast amount of opportunities provided to us – whether online or offline, making side revenue while maintaining a full-time job is possible and within our reach. We have to take advantage of the skills we have or the things we love to do.
In this list, I provided some of the ways you can get side revenues when you have a job. Some may apply to you, while others may not. Find that one that you think applies to your skill set and resources. Read our blog for more business tips and also learn the basics of blogging.