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Author Topic: These Are the Top 10 Most Profitable Side Hustles in 2023  (Read 413 times)
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January 12, 2023, 02:06:39 PM
 #1

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As Americans try to save more money, these are the best jobs for those seeking extra income.

With pay raises set to disappoint and almost 40% of Americans resolving to save more in 2023, some are looking for new ways to generate extra income with a side hustle.

Even as the US job market remains strong, so does inflation, leading some to seek more money. While Labor Department data shows that wages rose 4.6% in December compared to a year earlier, that still lags inflation, which rose 7.1% in November from last year. Labor force participation ticked up in December and the unemployment rate dropped to 3.5%, a five-decade low.

“Given rising interest rates, inflation and other rising costs, people are more inclined to sign up for a side gig to cover the increasing cost of living,” said Sinem Buber, lead economist at ZipRecruiter. Side hustles also become more common in strong labor markets — like the one we’re in now — when opportunities are plentiful, Buber said. Lining up a second part-time job may also provide a cushion in case layoffs spill over from big tech into the rest of the economy.

ZipRecruiter analyzed listings to identify jobs that can be done part-time with few or no starting requirements and ranked them by average hourly wages. Some popular side hustles like blogging or content creation didn’t make the list because they’re typically freelance and not listed on job sites.

These are the 10 most profitable side-gigs, according to ZipRecruiter:



Image link:  https://i.ibb.co/spfp7Qf/side-hustles-avg-pay.jpg

1.  Family assistant

Coming in at number one is “family assistant,” which usually involves some combination of cooking, cleaning, childcare, running errands, coordinating schedules and handling other household administrative tasks. Though many family assistants live with their employers and work full-time, part-time positions are available.

2. Craftsman

Craftsmen include specialists like carpenters, metal workers and glass blowers. Certificate programs, trade schools and community college offer training.

3. Sales specialist

Sales specialists work in a range of industries from tech to real estate to insurance. A sales representative reaches out to potential customers and manages those relationships.

4. Quality assurance reviewer


Quality assurance reviewers monitor, inspect and test products to ensure the company’s standards are upheld. QA reviewers can work in a wide range of sectors like food safety, pharmaceuticals, manufacturing and software.

5. Care coordinator

Care coordinators oversee and monitor patient care, usually in hospitals or long-term patient care facilities. The job involves coordinating schedules, working with patients and their families and organizing documentation and medical records.

6. Event representative

Event representatives organize special events for clients and help promote, set up and run the campaign. For example, event representatives could staff tradeshows or festivals, talking to potential customers and marketing products or services.

7. Driver

Many types of companies need commercial drivers, including construction, health care and retail.

8. Customer service

Customer service representatives resolve complaints and help clients with technical issues over the phone or via email.

9. Nursing aide

Nursing assistants support health-care staff by administering medication and providing basic care in hospitals, rehabilitation centers, nursing homes and assisted living facilities.

10. Lead generator

Commonly known as telemarketers, lead generators reach out to prospective clients by phone, email and social media, answering questions about services and scheduling appointments.

https://www.bloomberg.com/news/articles/2023-01-06/10-best-side-hustles-in-2023-to-make-some-extra-money


....


Our recent slew of high job quitting statistics could correlate with uptrends in freelance work and side hustles.

Quote
This past year, 39% of American professionals participated in freelance work, either part-time or full-time, according to Upworks new survey of 3,000 adults. Thats equivalent to 60 million Americans, up 3 percentage points since 2021 and a record high since Upwork has performed said survey starting in 2014.

https://bitcointalk.org/index.php?topic=5428782.msg61444572#msg61444572

While it is not mentioned which income bracket the majority of quit jobs fall into. It is entirely possible the largest segment of quit jobs occur at the minimum wage level.

There was a study published many years ago which could not determine how minimum wage earners pay their bills off of their income. With mandatory spending rising at fast rates. These negative trends could significantly have worsened. Which could define a trend whereby many quit their jobs as their salaries no longer allowed them to afford to cover basic bills.

It is known that many seeking help have high difficulty finding workers. Looking at the above chart where side hustle jobs with salaries as high as $20 can be had at an entry level with "few or no starting experience". Perhaps we begin to see why workers are abandoning minimum wage employment opportunities at high percentages.

While I don't think this illustrates the entire picture. There are perhaps a lot of things going on which are not being defined. Perhaps it is a step in the right direction.
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January 12, 2023, 02:15:44 PM
 #2

What a complete mix of professions. Funny that there is almost similar demand in nurses and drivers. A person must study years to become a real nurse (not just clean-feed-repeat kinda of person). Persons needs proper education, experience, be responsible. When you only need few weekends with your dad to learn how to drive, a book of traffic laws and few hours to pass tests.

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January 12, 2023, 02:22:09 PM
 #3

A person must study years to become a real nurse (not just clean-feed-repeat kinda of person).


The job title is nursing aide.

The qualifications are similar to a lifeguard afaik. They only have to know CPR and other basics which do not have a serious learning curve to them.
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January 12, 2023, 03:10:30 PM
 #4

A person must study years to become a real nurse (not just clean-feed-repeat kinda of person).


The job title is nursing aide.

The qualifications are similar to a lifeguard afaik. They only have to know CPR and other basics which do not have a serious learning curve to them.

Does that mean those who don't go through health/nursing school can enter to become the nurse assistant you mean?
 
I call it job vacancies where the impact of the resignation of workers in America makes it difficult for a company or a business to operate optimally due to a shortage of workers.
I thought I was interested, but I am not an American and of course far outside America, so it requires a fairly complicated administrative process and I have to leave my hometown to try my luck in America.
Can people outside of America get it?
In advance, I would like to thank you for the information.

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January 12, 2023, 03:28:38 PM
 #5



Does that mean those who don't go through health/nursing school can enter to become the nurse assistant you mean?
 
I call it job vacancies where the impact of the resignation of workers in America makes it difficult for a company or a business to operate optimally due to a shortage of workers.
I thought I was interested, but I am not an American and of course far outside America, so it requires a fairly complicated administrative process and I have to leave my hometown to try my luck in America.
Can people outside of America get it?
In advance, I would like to thank you for the information.



Nursing jobs are categorized as being inside the healthcare industry in the USA. I think most have heard healthcare is expensive in america. Which might give one the impression of nurses being highly paid in the country. Which is accurate as certified nurses in some US states can earn near to $100,000 a year or close to $50 an hour.

The $16 an hour nursing aide position is considerably lower due to it not requiring nursing school credentials, (as far as I know). Although, it might require long hours. And jobs that many would not want to do. Such as cleaning bedpans, mopping blood and similar tasks. There is a shortage of nursing staff in many areas of the USA, which could mean there are many job openings. But to be honest, I can't say that I have looked or checked to see if such is the case.

When I worked in construction, there were illegal immigrants on the job. Starting pay can go as high as $100 a day. Although the work isn't necessarily something most would want to do. There is usually no healthcare to fallback on in case you get injured. Sometimes, you might end up handling aesbestos and other harmful materials without the benefit of a safety mask.

Every good prospect usually has its negatives which causes others to not want the job.

At the moment, I think US jobs are easier to find than normal. I have seen contractors in the construction industry on social media and youtube complaining no one wants to work. Despite generous offers of good salary. It is strange.

To someone living outside the USA, $16 an hour might sound like a lot of money. But you have to consider that everything from rent to food is much more expensive in the USA, than it is abroad. Many americans are moving to places with average lower cost of living, or paying for their monthly expenses on credit card. Due to their salaries not covering expenses.
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January 12, 2023, 03:49:33 PM
 #6

A person must study years to become a real nurse (not just clean-feed-repeat kinda of person).


The job title is nursing aide.

The qualifications are similar to a lifeguard afaik. They only have to know CPR and other basics which do not have a serious learning curve to them.

But a person still must be familiar with medicine and etc. Coz people that require such person by their side usually are old and on an edge "when everything unexpected can happen". They might ask for, I dont know, stretching, massage, pills, medicine shot. Inexperienced can only do things worse. Usually relatives hire nursing aide for their old family member and expect that this nurse will do everything and is "doctor-friend-cook-collegue" all-in-one person.

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January 12, 2023, 03:56:58 PM
 #7

Almost all of them require training, so the first paragraph of that article is misleading and they even mention the requirements themselves:

Quote
ZipRecruiter analyzed listings to identify jobs that can be done part-time with few or no starting requirements and ranked them by average hourly wages

  • Craftsmen include specialists like carpenters, metal workers and glass blowers. Certificate programs, trade schools and community college offer training.
  • Sales specialist
  • QA reviewers can work in a wide range of sectors like food safety, pharmaceuticals, manufacturing and software.

So, first you need training, so it's not like you have no clue you start working, you must go through training and learning, and if you're not good at it, then you don't get the job, just as QA, it's not like you go in the first day and they hand you a food bag and you're delivering pizza, you need to know how to do it and you might be a total wreck so you get kicked out before actually working even 1 minute.
As for the "sale specialist" how the hell can one be a sale specialist when he has no experience in sales whatsoever?
In order to be a sale specialist you must have at least basic knowledge so this is more like getting a better job than your past one!

"Few" requirements, to be a specialist, lol!

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January 12, 2023, 07:00:44 PM
 #8

Content is king on this era and anything related to social media is one of the most profitable side hustles that one can make. I've worked before related to #10 and it's not lucrative before since social media wasn't that big before. But I'm starting to see that money is everywhere on this niche and someone has just to know the area of expertise that they need to focus with. And if somebody is aware of SMM (Social media marketing/managing), this should need a place on that list but that's okay if it's not there but many knows that it's very lucrative these days to get involved with.



 

 

 

 

 

 


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January 12, 2023, 07:59:35 PM
 #9

A person must study years to become a real nurse (not just clean-feed-repeat kinda of person).


The job title is nursing aide.

The qualifications are similar to a lifeguard afaik. They only have to know CPR and other basics which do not have a serious learning curve to them.
Not a licensed nurse really but they should also act as a responsible nursing aide as they can also part of saving lives. Even if he/she gets only to assist the licensed nurse, but at least his knowledge should also be not limited to being a nursing aide only because there are really some instances that their knowledge and skills will be tested especially for those hospital establishments who lack the manpower. But as long as the licensed nurse is there, he/she should remain a nursing aide.

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January 12, 2023, 08:59:09 PM
 #10

What a complete mix of professions. Funny that there is almost similar demand in nurses and drivers. A person must study years to become a real nurse (not just clean-feed-repeat kinda of person). Persons needs proper education, experience, be responsible. When you only need few weekends with your dad to learn how to drive, a book of traffic laws and few hours to pass tests.
Probably needs a lot of trainings and seminar, though a nursing degree might not be a requirement since you’ll just be the assistant of the real nurse, maybe you only have to know the first aid and you can be good just like the volunteers. Family assistant might not be a good idea, because in my country of you’re too helpful they will abuse you and use your service for free for their own sake, so this one might not be a good idea for a side hustle or maybe depends on the country you’re living.

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January 12, 2023, 09:18:09 PM
 #11

Almost all of them require training, so the first paragraph of that article is misleading and they even mention the requirements themselves:

Quote
ZipRecruiter analyzed listings to identify jobs that can be done part-time with few or no starting requirements and ranked them by average hourly wages

  • Craftsmen include specialists like carpenters, metal workers and glass blowers. Certificate programs, trade schools and community college offer training.
  • Sales specialist
  • QA reviewers can work in a wide range of sectors like food safety, pharmaceuticals, manufacturing and software.

So, first you need training, so it's not like you have no clue you start working, you must go through training and learning, and if you're not good at it, then you don't get the job, just as QA, it's not like you go in the first day and they hand you a food bag and you're delivering pizza, you need to know how to do it and you might be a total wreck so you get kicked out before actually working even 1 minute.
As for the "sale specialist" how the hell can one be a sale specialist when he has no experience in sales whatsoever?
In order to be a sale specialist you must have at least basic knowledge so this is more like getting a better job than your past one!

"Few" requirements, to be a specialist, lol!

Well, everything comes with process and definitely have no shortcuts, so trainings are very much essential so that you will suit to the job title and you will know eventually the do’s and dont’s of the job. These type of jobs will only be profitable if you also do them with experience and skills, otherwise you will not be an effective worker so you end up messing around than working to be productive.

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January 12, 2023, 09:25:16 PM
 #12

Family assistant might not be a good idea, because in my country of you’re too helpful they will abuse you and use your service for free for their own sake, so this one might not be a good idea for a side hustle or maybe depends on the country you’re living.

The decision is up to you if you want your service for free.  After all, they can't force you to work if you do not want to and do not agree to the term.  And I think this is one good side hustle because there are lots of families that need this kind of service and the demands actually pile up so there is no shortage of demand orders if you are known to offer this kind of service.

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January 12, 2023, 09:44:56 PM
 #13

Food delivery as a part-time hustle is also not a bad idea; I see a lot of people on social media claiming that it's capable of providing a decent side income. However, don't all these jobs require you to work quite a few hours per week? These are supposed to be side hustles, not a main source of income; thus, if you're working about 40-50 hours a week, isn't it a bit too much to add another 10-20 hours on top of that? I'm sure that this varies from country to country, but I'm referring to the general rule. 

Delivering for large corporations, for instance, could be a side hustle since you're basically a freelancer and you choose how many deliveries you do in a day. The exact same rule also applies to drivers, such as Ubers.

R


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January 12, 2023, 10:21:52 PM
 #14

Among all of these, I guess being a craftsman will take you to more places if you do it more often. They are very in demand in the US afaik, specially those who are experts in woodworking because there aren't many professionals left that are practicing this. Also, it's one of the hardest side-hustle to do initially because you will be needing to allot time and effort to study the craft before earning something off of it.

The list as a whole is very doable to the common folk. What lacks, perhaps, is the dedication and motivation to do more than the normal 9-5 job. My current job already puts me on a spot of comfort financially, but I still prefer having a second job just to keep me busy because I don't have anything else to do anyway. But for other people, having a second job is very crucial because it helps pay the bills and put food in the table. Sadly though, we are in a time when having a second job is no longer an option but a necessity that people should take if they want to live comfortably.

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January 12, 2023, 10:59:15 PM
 #15

Content is king on this era and anything related to social media is one of the most profitable side hustles that one can make. I've worked before related to #10 and it's not lucrative before since social media wasn't that big before. But I'm starting to see that money is everywhere on this niche and someone has just to know the area of expertise that they need to focus with. And if somebody is aware of SMM (Social media marketing/managing), this should need a place on that list but that's okay if it's not there but many knows that it's very lucrative these days to get involved with.
I would agree to this that social media these days are the best resort to find a profitable side hustle since almost all of the audience are already active in social media. Especially if you are doing it with your skills and expertise, people will eventually love your craft and would end up trusting you and giving you their full support.

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January 12, 2023, 11:00:50 PM
 #16

It's quite unusual to me to see people quitting their jobs because of how low the salary is (and is not even increasing), which I think is the right thing to do. But, in a country like where I am situated at, people are suffering and forcing themselves to stay in a job with a low minimum wage because it is hard for them to find another job. I knew some if these people tried to find a side hustle, sacrificing their bodies with a 12-15 hrs of working time. IMO, one of the thing that people failed to realize that being in the sales could potentially give you less extended working time and more income, because everything can be posted and advertised in the internet/social media these days.

R


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January 13, 2023, 01:06:12 AM
 #17

I'm surprised this is also what's happening here in my country. I don't have the statistics, but based on my experience on the ground, minimum wage employment opportunities, although a stable source of income, are now ditched. Side hustles become a more attractive choice to many. I can name a number of friends who are graduates in the university but also didn't pursue employment. The same goes to people who don't have degrees. They simply aren't interested in employment opportunities. Perhaps I, too, am one of the examples.

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January 13, 2023, 02:35:19 AM
 #18

The job title is nursing aide.

The qualifications are similar to a lifeguard afaik. They only have to know CPR and other basics which do not have a serious learning curve to them.
Really?  I know there are different levels of nursing, e.g., APRN, RN, and CNA.  The last is certified nursing assistant, and I think it requires certification at least which means you'd have to get some kind of education. 

Anyway, these don't seem like side hustles (except perhaps for driving) so much as regular jobs.  Are we calling a second job side hustles these days?  I don't think that term was meant to describe what's listed here.  You'd think Bloomberg would make the distinction with their listicles, but journalism these days has standards so low that an ant wouldn't be able to crawl underneath them.  Yeesh.

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January 13, 2023, 03:45:27 AM
 #19

intersting, and here i think most profitable is still digital marketing lol
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January 13, 2023, 04:53:59 AM
 #20

I think in my area one of the most popular side jobs is lowballing the hell out of people on Craigslist or Facebook market place and eventually getting a lead on some product and selling it at a higher mark up. You would not believe the one of times I had one dude say stuff like “Instead of $100 how about $20 and I’ll pick up right away” and if you go to his profile you can see he already has what you are selling for $120.

Cars are the worst. So many curb siders. Basically it’s a pain to sell a car because they will offer you usually $1-2K under market and it’s a pain to buy from them because they have a sketchy looking title which obviously wasn’t signed by them.

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