5 Side Hustle Ideas to Start In 2020
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Are you looking for some awesome side hustle ideas? Great!
There are plenty of ways to make money on the side in 2020. And this list of side hustle ideas is going to be focused on ways to make money on the weekend, after work, or whenever else you have free time!
Also, these side hustle ideas are aimed at those looking for an active source of income—that offer a flexible schedule.
1. Work For TaskRabbit
TaskRabbit is an American online and mobile marketplace that matches freelance labor with local demand. TaskRabbit was founded in 2008 and allows consumers to find immediate help with everyday tasks like cleaning, moving, delivery and handyman work.
TaskRabbit operates in 47 U.S cities and connects taskers (you) to paying customers. You will be paid either hourly or per task as a Tasker. You may also earn tips while on the job—of which you keep 100%!
TaskRabbit Requirements
There are a few requirements you must meet to start making money with TaskRabbit.
You must be over the age of 21, have a checking account or credit card and pass background and ID checks.
How Much Money Can I Make With TaskRabbit?
You can choose your own jobs, own rates and own schedule when making money with TaskRabbit! So you decide how much money you will make!
TaskRabbit’s vice president of marketing, Jamie Viggiano, mentioned that 10% to 15% of TaskRabbit contractors earn between $6,000 to $7,000 a month!
Brian Schrier was interviewed by Money.com and mentioned that he made $1,500 in his first week with TaskRabbit.
He was soon making over $6,000 a month and believes that he can do even better than that!
2. Make Money With Rover
Rover.com is an online marketplace for people to buy and sell pet care services—including pet sitting, dog boarding, and dog walking. Rover.com was founded in 2011 in Seattle, Washington.
Rover.com takes a percentage of each booking made on its site, from 15-20% for dog sitting/boarding services, and up to 40% for its Quick Match walking service.
Rover's Quick Match dog walking service enables owners to instantly book a dog walker!
How Much Money Can I Make With Rover?
As mentioned on thesimpledollar, “sitters that treat Rover like a part-time job and take two or three dogs for two weeks out of the month earn an average of $1,000 per month. Meanwhile, those that treat Rover like a full-time job, working 4 weeks out of the month and taking 2-3 dogs at a time, earn an average of $3,300/month.”
Rover.com operates in over 14,000 cities, has over 200,000 sitters and has an average review score of 95/100%!
Rover.com definitely has some earning potential, and it’s a great way for animal lovers to make money on the side!
3. Become an Uber Driver
Becoming a rideshare driver is a great way to make money on the side. Side hustlers love ride-sharing apps for their flexibility and frequent pay schedules.
Some of the big rideshare players are Uber and Lyft. I'm going to explore Uber as it has a larger market share in the U.S. (60% for Uber vs 23% for Lyft).
Almost anyone can drive with Uber, here are some of the minimum requirements you must meet to drive with Uber:
- Meet the minimum age to drive in your city
- Have at least one year of licensed driving experience in the US (3 years if you are under 23 years old)
- Have a valid US driver’s license
- Use an eligible 4-door vehicle
Uber operates on a weekly pay schedule—but offers daily paychecks if you use Flex Pay!
How Much Can I Make With Uber?
Uber drivers typically make between $15-$25 an hour. Uber takes a 25% cut of your fares and you make the rest.
Ridester surveyed over 2,600 Uber drivers in 2018 and provided some helpful earnings statistics.
The top earnings cities were Honolulu, Seattle, and Long Island, earning $25.55, $24.98 and $24.88 an hour respectively.
While the lowest earnings cities are Akron, Durham, and Houston, earning $4.94, $6.62 and $8.67 an hour respectively.
4. Deliver for Postmates
Postmates is an American logistics company that operates a network of couriers who deliver goods locally.
Founded in 2011, Postmates operates its service in 550 cities in the U.S. Including places like Lubbock, Texas; Athens, Georgia; Columbia, South Carolina and Albany, New York.
Postmate operates in all fifty states in the U.S.
But what does it take to be a Postmate?
Postmate Requirements
To become a Postmate you must own either a car, bike, scooter or motorcycle. You must also be over the age of 18 and own an iPhone.
Once you have completed your registration (which includes a background check) you are good to go. You keep 80% of your delivery fee, which starts at $5.
During peak order times, delivery prices may surge (or Blitz). Blitz pricing creates a strong financial incentive for Postmates (you) to make yourself available when you are needed the most.
How Much Can I Make With Postmates?
The median hourly rate for Postmates is $19, as CEO Bastian Lehmann mentioned at a TechCcrunch event. Lehmann also mentioned that Postmates is best as a part-time job and not as a full-time commitment.
Keep this in mind if you plan to make money with Postmates!
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5. Offer Music Lessons
If you know how to play the electric guitar, keyboard, piano or another musical instrument, consider offering music lessons in your area.
There are so many great ways to monetize your talent as a musician!
How to Make Money Selling Music Lessons
If you're going to take your music lesson business seriously, I recommend that you build a music teacher website.
A website makes you more accessible, allows you to scale your business—and looks professional! Otherwise, you can simply create a Facebook page and go from there.
Here are a few ways you can make money selling music lessons:
In-person lessons: Offering in-person music lessons for a fee is a great way to start your business. In-person lessons typically last from 30-60 minutes and will earn you anywhere from $15-$60—or roughly a dollar a minute.
Online lessons: Offering in-person lessons is a great way to start earning some income—but is hard to scale. You can expand your business by offering live lessons on Skype, or Facetime to enable you to reach even more clients!
Group Lessons: Group lessons allow you to generate even more money! You will earn less money per person with this method but will see an increase in earnings per hour—by increasing the number of clients you teach at a time!
The Takeaway
Here are five awesome side hustle ideas for you to try in 2020!
If you'd like to learn some other ways to make money on the side visit our work from home jobs article. I explore seven high-paying work from home jobs that allow you to make money with the internet!
Have you tried any of these side hustle ideas?
