Lucrative Side Hustles for Men to Make Extra Money
Having just a job for most people is no longer enough to continue their journey toward financial freedom. The cost of living, transportation, housing, feeding, and basic amenities is at an all-time high.
If you are in this shoe and can relate to this point, chances are; you must be wondering what you can do. Simple, get a lucrative side hustle.
Well, important to note is that a side hustle is not only an escape route to earning more money, it can also be a way to pursue passion and long-term interest. Hence, you will not be wrong to say that side hustles also offer opportunities for personal growth and skill development.
In this article, we will consider practical lucrative side hustles you can do, especially if you are a man.
What Are Lucrative Side Hustles?
A lucrative side hustle is an additional means of income pursued by people alongside a primary job or occupation. This extra means of income may be born from passion, necessity, or natural entrepreneurial instinct. You could also describe side hustles as gigs that usually involve the use of your skills, interests, or resources, to make extra money.
Usually, the hope of people is to increase their earnings well enough from side hustles to quit their main jobs and retire young. What also makes side hustles special and different from the traditional 9-5 job is the flexibility of time and control that comes with it.
Typically, the activities of side hustles can be categorized into: online and offline enterprise. Each type provides unique opportunities and challenges to cater to different skill sets, interests, and gadgets.
Online side hustles often include a wide range of digital activities that can be done remotely from the comfort of your own home. They range from freelance writing and digital marketing to creating content for platforms like YouTube. These businesses offer flexibility and scalability, allowing people to work on their terms and potentially earn a passive income stream. However, success in the online market is competitive and hence requires knowledge, experience, and self-discipline to win.
On the other hand, the offline side hustles include more traditional businesses and services that operate from a physical location. An example would be working as a salesperson at a retail outlet, organizing events, or providing rental services.
While offline hustle often requires upfront investment and hands-on management, it can also provide an opportunity to build a local network and establish a strong presence in the community. While they don't offer the same level of scalability as online businesses, offline activities can be rewarding in terms of personal interaction and community involvement.
Why Is It Important to Get a Lucrative Side Hustle?
There are several economic and personal reasons that make side hustles needful to get. First, the cost of living in most part of the world is on a steady rise. The result of this is that minimum wage is quickly being overrun, causing huge financial constrain on people and their families. In this regard, side hustle serves as a supplement to the income and provides more resources to cover expenses.
Also, lucrative side hustles aside from being just another source of income, offer a certain amount of financial security, especially as there is no job security anyway. Side hustle empowers individuals to take control of their financial future by creating another source of income instead of relying on one single source of money.
Lastly, side hustles provide opportunities to learn new skills, stir up old passions, and expand knowledge and networks. It comes with the freedom to pursue a work that aligns with your interests and values, giving you more chances for fulfillment and satisfaction.
Lucrative Side Hustles for Men to Make Extra Money
It is important to point out that the side hustles highlighted here are not entirely secluded to men, hence opportunities are open to women just as there are to men. However, either because of the strain and stress of these works, discrimination, or societal opinion, men are more likely to engage in them. It however doesn't mean women cannot or are not also doing them. Now let’s dive in.
1. Uber and Transportation Services
This is one of the easiest side hustles is to turn a chore into a business. Driving to work is a chore, but as a man, you can easily turn this chore into a profitable business. You either offer your car to be used by a professional driver for transport, or you drive it yourself doing your free time, either by freelance or registering with an official platform like Uber.
It is important to note that, before you put out your vehicle for rent, you should do enough background checks on the person you are giving the vehicle to, and after that draft out a very detailed contract. Ensure the person comes with a guarantor, especially if you are dealing with the person directly and not through Uber.
Steps to get started:
- Understand the requirements and rules for providing transport services in your region.
- If you use your vehicle, make sure it meets safety standards and is properly insured. If you rent your car, do a thorough background check on potential drivers.
- Register with a reputable platform such as Uber or Lyft, if applicable, and complete the registration process.
- Promote your transportation services through word of mouth, social media, and local advertising to attract customers.
- Provide superior customer service to build a positive reputation and ensure repeat business.
2. Website Building
Another side hustle Men can do is website building. Coding is a high-income skill that requires intelligence and years of practice. Some men do coding as their job, while some just practice it as a hobby. With the skill of coding, you can start a side hustle helping small and medium-sized businesses have a digital presence, by offering to build websites for them. The audience and demand for this niche is huge because the world is becoming more and more digitized, and most businesses realize that if they don't adapt to the changes of modern times, they will be left behind.
Steps to get started:
- Improve your programming skills through self-study, online courses, or formal education if necessary.
- Create a portfolio showcasing your previous website projects or designs to showcase your skills to potential clients.
- Reach out to SMBs in your network or local community to offer you website development services.
- Establish an online presence through a professional website or social media profiles to attract clients.
- Stay up to date with the latest web development trends and technologies to provide cutting-edge solutions to your clients.
3. Fitness or Gym Coach
A gym coach is another lucrative side hustle Men can do in their free time, and this can happen during weekends. In the area of demand and audience, the health niche is the third most popular niche in the history of marketing. Hence, this is an opportunity for men who are passionate about fitness and health to inspire, guide, and nurture others to achieve their fitness. You can either do group lessons sessions, personal lessons sessions or even provide online training sessions, the possibilities are endless, just as your opportunities to make money are. You can even add more products to your service by selling supplements to your customer base. Another cherry on the cake is you also get motivated to keep fit yourself.
Steps to get started:
- Obtain relevant training or coaching certifications from accredited institutions.
- Identify your niche in the fitness industry, such as personal training, group fitness, or online coaching.
- If you offer in-person training, make sure you have access to appropriate fitness equipment and a suitable training space.
- Promote your services through social media, local advertising and referrals to attract clients.
4. Freelance Writing
Writing as an opportunity is very broad. You can become a freelance writer, thereby writing sales copies, content, emails, landing pages, etc. for different businesses and industries. You could take a step forward and start writing search-engine-optimized content for websites, blog posts, or even guest writing on someone's website. Also, you could go into the entrepreneurial lane, write books, and sell them in both online and offline bookshops. Your book could be frictional, educational materials, personal experiences, etc. whatever catches your fantasy and has a huge market. Finally, you can mix it all, combining all the options and doing a little bit of all. No law says you can't.
Steps to get started:
- Improve your writing skills through exercises, online courses, or workshops.
- Choose a writing niche based on your interests, experience, and market demand such as content writing, content writing, or authorship.
- Create a portfolio to show potential clients or publishers samples of your writing.
- Connect with potential clients or publishers through freelance platforms, professional networks, or writing communities.
- Promote your writing services through your website, social media, and online profiles to attract clients and opportunities.
5. Graphic design or Photography
If you have a passion for capturing moments or creative visual imagery, you can create a lucrative side hustle by offering your photography and graphic designing skills.
Whether it's freelance, where you get gigs of events, personal pictures, modeling, flyers, carousels, logos, etc., or it is the entrepreneurial route where you take pictures of nature, portraits, and events and sell them online for a fee, there is no denying the fact that photography, its child; videography and graphic design are awesome side hustles that can be very lucrative.
Steps to get started:
- Acquire graphic design or photography skills through internships, webinars or formal training.
- Create a portfolio showcasing your design or photography work to showcase your style and skills.
- Connect with potential customers or partners through social media, online platforms, or local events.
- Promote your services through a professional website, social media profiles, and targeted advertising to attract customers.
6. Forex Trading
Currently one of the most popular and lucrative side hustles out there, is Forex trading. It involves the buying and selling of currencies to make a profit. In the area of flexibility in time, the market is open 24 hours a day, so you can trade anytime anywhere, except on weekends. The potential for high returns is huge in the Forex market, and it even has what is called leverage, which can help you triple your buying capacity, thereby increasing your potential profit. Additionally, it doesn't require a lot of capital to buy in, and all you need is a good phone and laptop, an internet connection, and an account on a forex trading platform.
Steps to get started:
- Learn more about forex trading through online courses, books, or mentoring programs to understand market dynamics and trading strategies.
- Open a demo trading account to practice trading with virtual money and gain practical experience without risking real capital.
- Develop a risk management strategy to protect your trading capital and minimize losses.
- Open a live trading account with a trusted Forex broker and fund it with an amount you can afford to lose.
- Create a trading plan that outlines your goals, trading strategy, and risk management rules to guide your trading decisions.
7. Marketing
One of the oldest, yet lucrative side hustles out there is affiliate marketing. The whole idea is to refer a friend, family, or other people to a product, service, or website you enjoyed, and get paid a commission when they purchase that same product or service. With affiliate marketing, not only do you not have to create anything, but you also don't need to store or house any product. Although not recommended you don't even have to have used the product or service, you just need to look for a great product or service with lots of reviews and promote it. The more people buy through your affiliate link; the more money you make.
Steps to get started:
- Identify a niche or industry you are interested in and search for affiliate programs within that niche.
- Choose high-quality products or services with affiliate programs that offer attractive commissions and match the interests of your target group.
- Create valuable content such as blog posts, reviews, or videos to promote affiliate products and attract potential customers.
- Share your affiliate links across various channels, including your website, social media, email newsletters, and online communities.
- Monitor your affiliate marketing efforts with tracking tools and analytics to optimize your strategies and maximize conversions.
Frequently Asked Questions On Lucrative Side Hustles
How to make money fast?
There are a lot of ways to make money fast, with 10 of them being listed above. However, others can include taking care of other people's pets for a fee, selling goods online, and running tutorials (online and offline). It is important to note that there is however no easy way to make money, each route has its challenges and difficulties.
How to make money without a job?
This is simple. What you need to do is turn your side hustles into main hustles, and invest a good amount of time and dedication to make your side hustle successful.
How can guys make extra money?
Extra money can be easily made by doing one or more of the side hustle mentioned above. With side hustles come extra money.
What side hustles make the most money?
This will be based on personal experiences. While all the side hustles outlined are very lucrative, you will likely not be able to do all of them at the same time, for that reason, the amount of money anyone can make from any of the side hustle is dependent on them.
Bottom Line
Side hustles have become indispensable in man's search for financial freedom. Whether through freelancing, entrepreneurship, or other means, many guys are leveraging their skills, passions, interests, etc., as a lucrative side hustle to not just increase the source of income stream but also become better professionally and personally. With this detailed guide, you can do so too. Have any questions on a side hustle you can start today? Contact Foundeck today for answers to all your questions.