The Side Hustle Economy: 25 Ways to Make Extra Money on the side

Popularized in recent years by people like Gary Vaynerchuk, the “side hustle” has quickly become a preferred mentality for aspiring entrepreneurs to make additional money on the side.

The gist of it is: by working hard outside the traditional hours of a 9-to-5, a side hustle allows you to build a business around what you are truly passionate about. And if that endeavor is successful, it can also help you make the full transition into permanent entrepreneurship later on.

Enter the Side Hustle Economy

Today’s practical infographic from Quid Corner highlights 25 different ways to dip your toes into the side hustle economy.

Some of these side hustles, like building courses or writing eBooks on your area of expertise, are great ways to begin building your personal thought leadership brand.

Meanwhile, other hustles listed here are more appropriate for supplementing your regular income. Getting extra cash in your pocket – and on your own terms – can help give you the confidence to start a business, or invest in further education.

Going From 0 to 60

If you are ready to make the dive into entrepreneurship, we previously posted 5 Ideas for Online Businesses in 2017.

If you’re still just getting your feet wet, it’s side hustle time. Work on the side for additional capital, get a proof-of-concept for your idea, or find ways to build your personal brand.

Even if your ambitions are huge, start slow, start small, build gradually, build smart.

– Gary Vaynerchuk, Serial Entrepreneur

Side hustling allows you to get a start while still having two feet on the ground. However, that’s not to say that side hustling is easy – it takes lot of work and commitment, and you have to be prepared to spend evenings and weekends to pursue your passion, with no guarantee for immediate results.

Here’s a few other infographic resources to help you get started or motivated:

Good luck out there.

www.money-au.com

Henry Sapiecha

Warren Buffett’s Berkshire invests $US1 billion in the Apple group.

Warren Buffett’s Berkshire Hathaway Inc on Monday revealed a new stake in Apple Inc, in a bet that the stock’s price could rebound after iPhone sales fell for the first time.

Berkshire held 9.81 million Apple shares worth $US1.07 billion ($1.47 billion) as of March 31, according to a regulatory filing detailing most stock holdings of Buffett’s Omaha, Nebraska-based conglomerate.

It is unclear whether the Apple investment was made by Buffett or by one of his portfolio managers, Todd Combs and Ted Weschler, who each invest about $US9 billion.

apple corp building logo image www.profitcentre.net

Apple shares look ‘stunningly cheap’: Wallman Investment Counsel founder Steve Wallman.

Buffett typically makes Berkshire’s multibillion-dollar investments, while Combs and Weschler make smaller wagers.

The investment deepens Berkshire’s commitment to the technology sector, which Buffett has largely shunned apart from a big stake in International Business Machines Corp, which grew slightly in the first quarter.

Apple last month reported its first quarterly decline in revenue in 13 years as an increasingly saturated market hurt iPhone sales.

apple share chart image www.profitcentre.net

Apple shares have taken a beating over the past month.

Chief Executive Tim Cook is looking to develop other technologies, and last week unveiled a $1 billion investment in Chinese ride-hailing service Didi Chuxing.

Shares of Apple have fallen by nearly one-third since April 2015. They were up $US2.13, or 2.4 percent, at $US92.65 in Monday morning trading, likely because of Berkshire’s imprimatur.

“The stock is stunningly cheap, and it has a massive pile of cash,” said Steve Wallman, founder of Wallman Investment Counsel in Middleton, Wisconsin, who has owned Berkshire since 1982 and Apple since 2003. “Apple is not getting credit for research and development it is doing behind the scenes, which will eventually show up in new products.”

An Apple spokeswoman did not immediately respond to requests for comment.

Despite his aversion to technology sector, Buffett told CNBC on Monday, he offered to help Dan Gilbert, the chairman of Quicken Loans and owner of the Cleveland Cavaliers basketball team, finance a bid for Internet company Yahoo Inc.

Reuters first reported Buffett’s support on Friday.

The Apple investment may have been made with proceeds from the sale of AT&T Inc stock, as Berkshire exited what had been a $US1.6 billion stake in the quarter.

Berkshire’s investment also puts it at odds with investors that have retrenched from Apple.

Last month, billionaire activist investor Carl Icahn said he sold his entire Apple stake, on concern that China could make it harder for the company to do business there.

David Tepper’s Appaloosa LP also shed his Apple stake in the first quarter, while Ray Dalio’s Bridgewater Associates cut its investment by two-thirds.

In Monday’s filing, Berkshire also reported higher stakes in Bank of New York Mellon Corp, Deere & Co and Visa Inc, and lower stakes in MasterCard Inc and Wal-Mart Stores Inc.

Reuters

SMS

Henry Sapiecha

LARGEST REVENUE EARNING COMPANIES IN THE WORLD SHOWN AS AN INFOGRAPHIC

MILLIONS of $$ BANK NOTES IN PILE IMAGE www.profitcentre.net

This chart shows Largest Companies by Revenue.

A company is an association or collection of individuals, whether natural persons, legal persons, or a mixture of both. Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.

The largest public, state-owned, and private businesses by its consolidated revenue. The list is limited to companies with annual revenues exceeding $110 billion US. The most common industry is oil and gas, with nearly one third being classified as such.

The availability and reliability of up-to-date information on prior state-owned companies is limited and varies from country to country, thus this list may be incomplete. This list is shown in U.S. dollars, but many of the companies on it prepare their accounts in other currencies. The dollar value of their revenue may change substantially in a short period of time due to exchange rate fluctuations.

STUDY

Henry Sapiecha

Largest Companies by Revenue

TEN TOP RICHEST COMPANIES IN THE WORLD SHOWN IN THIS GRAPH

Top 10 Richest Companies in World

This chart shows the Top 10 Richest Companies in World.

A company is an association or collection of individuals, whether natural persons, legal persons, or a mixture of both. Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.

Companies take various forms such as:

   1.Voluntary associations which may include nonprofit organization.

 2.A group of soldiers.

 3.Business entities with an aim of gaining a profit.

   4.Financial entities and banks.

Rank
Company
Networth in Billion
Corporation
Headquarters
1 Exxon 486.429 Multinational Oil and Gas corporation Irving, Texas,US
2 Welmart 446.9 Multinational Retail corporation Bentonville,Arkansas,US
3 Chevron 253.706 Multinational Energy corporation San Ramon,California
4 Toyota 236 Motor Corporation Toyota,Aichi,Japan
5 Apple 185 Multinational Technology Company California
6 General Electric 147.3 Multinational conglomerate corpporation Fairfield,Connecticut,US
7 Berkshire Hathaway 143.688 Multinational conglomerate holding corpporation Omaha,Nebraska,US
8 AT & T 126.723 Multinational telecommunication corporation Dallas,Texas,US
9 IBM 112.5 International Business Machines Corporation Armonk,New York,US
10 Procter and Gamble 82.55 Multinational consumer goods company Cincinnati,Ohio,US

OOO

Henry Sapiecha