As a mom, you probably know all too well that having kids is expensive. You don’t even need to dress up your kids in the newest fashion to need some savings: you never know when your kids need new shoes or need to go to the doctor’s because they broke their leg. To get some extra money, it’s always a good idea to start a side hustle. The good news is that for some of those hustles, you don’t even need a lot of time! We’re in the digital age, so a lot of money can be made online. In this article, we’ll tell you more about the possibilities and what you need to know.
More money is made online than ever before
You might think you don’t have anything in common with Jeff Bezos, but once you’ve started your side hustle, you’ll both be entrepreneurs that know that everything people do online is the future. Especially since the pandemic, the percentage of online sales versus normal sales in stores, has skyrocketed.
You can make a lot of money online – without even leaving your house! We’ll gladly tell you a few things you could do. For instance, to mention our good friend Jeff again: you can become an Amazon (re)seller. If there’s anything you love making and always get compliments on, such as kid’s clothes, why not put them on Amazon? Or Etsy? There’s also good money to be made with buying products that are in high demand and then reselling them on Amazon.
You can often also make good money with blogging and getting partnerships. You can blog about kids, cooking, travelling… The choice is yours!
What you need to know to become an entrepreneur
While making money is great, there are a few things you need to focus on. For one we recommend you to hire an accountant. When you’re busy making money, you don’t want to spend all your time doing your taxes – and you also don’t want to get sued for unpaid taxes of course! Having an accountant will make your life so much easier.
Another specialist we recommend you to have on “stand-by” is a contact at a reliable debt collection agency (Dutch: incassobureau). Unfortunately every entrepreneur will come upon clients that won’t pay their bills. Instead of worrying day and night, it’s nice to know you have a partner that will hunt them down to pay. A collection agency can even enable a bailiff (Dutch: deurwaarder inschakelen) if needed.
If your side hustle isn’t bringing in the big money yet, it might also be handy to hire a marketing agency. They can update your SEO strategy, push out ads for your products and more.
Good luck with your side hustle!