7 side businesses that could make you $10,000 or more in 2023

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Put your skills to use for additional income in the coming year.

Key points

  • Side hustles allow you to make money outside of your full-time job or career.
  • You can use your skills and experience to build your own side business.
  • Many side gigs require no previous experience.

If you want to earn extra income outside of your 9 to 5, a side hustle might be the solution. Side hustles are typically part-time jobs that fit your schedule, skill set, and lifestyle. Finding the right gig often depends on your interests and how much time and energy you have to devote to a further endeavor.

More freedom these days to work remotely has opened the door to making money during off hours from almost anywhere. Some side hustles require special skills, education, and experience, while others are relatively easy to start with no previous experience. Not all side hustles are created equal, with some offering the opportunity to add substantial income each year. Read on to learn about seven side hustles you can start in 2023 that can net you $10,000 or more.

1. Freelance writer

Not everyone is cut out to be a freelance writer, but if you have strong writing skills,

You could make quite a bit of money creating content for websites and other media. You can take on as much work as you want as a freelance writer based on your clients and your schedule. Naturally, you’ll have to contend with deadlines, changes, and other demands, so plan only enough work to fit your available time.

The first step to becoming a freelance writer is building a portfolio to attract clients. You set your own rates, negotiating with clients to ensure you are compensated enough for your time and experience. As you grow your freelance business, you can move on to higher paying clients to increase your income.

2. Virtual assistant

You don’t have to live near a business or individual to provide services. A virtual assistant is one of the most in-demand side jobs today. As a virtual assistant, you provide administrative support and other services from your home or wherever you want to work. Services may include taking phone calls, scheduling appointments, managing social media accounts, answering emails, booking travel, and more.

Virtual assistants control what services they provide and their rates. You can find virtual assistant jobs through online job search sites, but there are also VA networks you can join to find work. You can also create a portfolio highlighting your services to attract clients.

3. Chart

Businesses always need graphic design jobs. If you have graphic design skills, you can earn a lot of money by working as a freelancer. Services like Fiverr and Upwork can connect you with clients looking for design jobs for long-term or one-time projects. Keep in mind that jobs on these sites often go to the highest bidder, so it may not be the best way to generate significant income.

Another way to use your graphic design background is to create printables and other digital products to sell online. Also, you can earn passive income multiple times with the same projects.

Social media is a must for anyone doing business in 2023. You can make money as a social media manager, working with companies or individuals to create social media content, schedule posts, respond to comments, and other tasks.

Other tasks include interpreting analytics to increase engagement, creating social campaigns, collaborating with other creators or influencers, and more. If you plan to spend your free time on social media, why not get paid for it?

5. Ride sharing driver

If you own a car and have a driving license, you can use it to make money as a rideshare driver. One of the biggest benefits of working as a driver for Uber, Lyft, or other ridesharing companies is that it’s one of the few jobs you can do anytime, anywhere. People need round-the-clock rides, especially if they live near large cities or high-traffic areas.

Ridesharing drivers do not have a set work schedule to follow. You can choose your hours and work when you want. Unfortunately, there are only a certain number of hours in the day, so there’s a limit to how much you can earn as a pilot.

6. Medical scribe

Most healthcare professionals have switched to electronic health record (EHR) retention. If you’re considering a career in healthcare, working as a medical scribe can help you get your foot in the door while earning decent money. A medical scribe works like a personal assistant to a physician, collecting and documenting information in the EHR for the physician.

Becoming a medical scribe often requires some training, but your employer usually covers it. It is possible to work as a scribe remotely, but may need to be in-person at a medical facility.

7. Photographer

Put aside your photography skills as a photographer. There are several ways to make extra money with photography. You can earn money by providing in-person photography services for weddings, engagements, family portraits, and other events.

Stock photo sites pay photographers for their photos. Typically, you get paid for downloading an image that you provide. You can also make money teaching others how to take better photos through workshops or by creating an online course.

Is a side hustle right for you?

You might be a prime candidate for a side hustle if you have time to spare and want to make more money. Determine what type of side job you want to do, whether it requires additional equipment or training, and how much time you need to spend setting up a side job. Getting a business credit card can help cover start-up expenses. With most side hustle, you’re trading leisure time for income, so make sure the side hustle earns enough to make it worthwhile.

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