We live in a digital world and increasingly people are feeling overloaded by information and news from different channels. T.V, newspapers, FB, emails, the internet – wherever we turn it seems we are bombarded by information.
If the average person feels like this, imagine how much worse it must be for journalists whose jobs require them to research and check out various sources for their reporting.
It’s a fact that it can be incredibly overwhelming for them and even lead to burnout.
A survey from the European Journalism Centre’s News Impact Network showed that “Journalists are overwhelmed by the information they process in their working day and want to explore solutions with third-party providers and management to make it more manageable”.
Consider also the findings of a national survey of journalists in the U.S. that shows that “as trauma coverage frequency and intensity increases, so does the severity of post-traumatic stress disorder symptoms.”
The struggle is real and it’s a reason Journalists are looking at side hustle options.
There are awesome side hustle options available to journalists that can provide them with the opportunity to work as a journalist flexi-time thereby cutting down on stress and potential burnout.
So read on for some great ideas that can help you generate a viable income!
A great place to start is with affiliate marketing. Consider the following statistic:
“15% of the total digital media advertising revenue is attributed to affiliate marketing”.
It should give you an indication of the incredible opportunity and potential to make money through affiliate marketing.
Let’s take a look at what affiliate marketing is, for those who are unfamiliar with it.
Affiliate marketing is when you market and promote a product online and receive a commission for doing so. You do this by signing up with them as an affiliate and when anyone you refer purchases from them, you receive a commission.
As a journalist, writing is your thing! You have hard-earned knowledge and experience in this so you can build a website and blog around this and share that knowledge with other would-be writers.
Within this context, you can promote a product like Freelance Writers Den as an affiliate product.
Freelance Writers Den is a community that is focused on helping freelance writers become successful writers who make money. It has a flourishing community made up of more than 1200 writers.
By joining up with them you will have access to freelance writing boot camps (which cover everything from setting your website up to writing appealing content and SEO guidelines).
In addition to the boot camps, as a member, you also have access to the forum where you can ask advice on any topic relating to freelance writing. You also get feedback and critiques on your writing as well.
It’s a wonderful resource for someone who is determined to build a career as a freelance writer. At just $25 per month with the option to cancel any time it’s a lucrative product to promote as an affiliate.
Let’s take a closer look now at the advantages and disadvantages of affiliate marketing.
When you consider that Amazon is the largest online retailer, then it’s clear that this is one platform not to be overlooked when choosing a side hustle.
“According to recent industry figures, Amazon is the leading e-retailer in the U.S. with close to 232 billion U.S dollars in 2018 net sales”.
That’s substantial and an excellent reason to look into Amazon FBA.
So what exactly is Amazon FBA? Amazon offers a platform where anyone can sell their products and they also offer the option of FBA (Fulfilment By Amazon).
It works in the following way: You send your products to be stored at an Amazon warehouse. When you make a sale Amazon will see to the entire process of packaging, shipping the product and providing 24/7 customer care.
While you pay a fee to Amazon for this service, it takes all the headache out of having to ship products to your customers and provide aftercare and deal with refunds as necessary.
It’s a great way to run your business more effectively and have the Amazon brand backing you and building trust with your clients.
Let’s take a look now at the advantages and disadvantages of Amazon FBA.
As a journalist, you have knowledge and expertise that you can sell to others in the form of an online course.
According to Statista, “Projections show the e-learning market worldwide is forecast to surpass 243 billion US dollars by 2022”.
Clearly, this is a very viable way in which to raise an additional source of income for yourself.
Udemy is the world’s largest online learning platform. It provides a wide range of courses for adults and students. They have more than 40 million students and 50, 000 instructors, teaching 130 000 courses in more than 60 languages. (Wikipedia)
You can design and write your own course and sell it on Udemy. Their payment structure works as follows:
Clearly, this is a viable way to make some additional income but you may be wondering what course you could offer?
If you have experience with self-publishing, for example, you can put that together into a course and offer it on Udemy. You’d be surprised how many people dream of self-publishing a book but just have no idea where to start.
You could put together a clear guide that can show them the ins and outs of how to do this in simple, layman language. An invaluable tool for anyone trying to navigate the world of self-publishing blindly.
What then are the advantages and disadvantages of creating your own online course?
Here is another fantastic avenue through which to pursue a side hustle – become a private tutor.
According to Technavio “The private tutoring market in the US will grow by USD 5.80 billion during 2018 – 2022”.
You may be wondering what avenues you can pursue with this but consider for a second how much value parents and kids alike place on going to College and gaining entrance to College.
So a possible example of what you can do as a private tutor is tutor high school kids in essay writing skills so they can pass the SAT.
Another avenue you can pursue is to provide tutoring to help students prepare to write their entrance essay for their college application.
With the value that parents place on a college education, they will be more than willing to invest in tutoring to help their kids achieve this!
You can find clients by working closely with local High Schools or even through an avenue like Craigslist. You set your fee and can charge between $50 – $200 per session.
Let’s look a little closer look now at the advantages and disadvantages of offering private tutoring.
Now, this side hustle option should be right up your alley as a journalist. After all, writing is your thing! So why not consider writing a book and publishing it on Amazon Kindle.
“Based on data collected by authorearnings.com, Amazon is the biggest player in the U.S. field. Including Indie books, Amazon accounts for 83% of U.S. ebook purchases”.
This is not an opportunity to overlook so don’t miss out on making your books available through this platform!
So how does Kindle publishing work? Amazon Kindle Direct Publishing provides you with a platform through which you can market ebooks you have written.
And the best part of all? It’s free! And you as the author will receive royalties between 35% to 70% of the sale price.
Perhaps consider using your knowledge of writing to write a book that can teach kids the writing skills they will need to write their college entrance exams.
Whatever you ultimately decide on as a subject for your book just know that you can generate a good side income through publishing ebooks on Amazon Kindle Publishing.
Let’s take a closer look now at some of the advantages and disadvantages of Kindle publishing.
All the knowledge and expertise and writing skills you have accumulated through hard-won experience can be used to help others in a consulting capacity.
“In 2018, the consulting market in the U.S. amounted to around 68.5 billion U.S. dollars”. Taking this into account, this is without a doubt an idea to weigh-up as a side hustle option.
So what does it involve being a writing/publishing consultant? As a consultant, you can share all your writing skills and publishing knowledge and experience with others for a fee.
By setting up a website for yourself you can assist others in a variety of ways by providing critiques of their writing, answering specific questions and giving guidance as a consultant and coaching them on how to publish their works.
And all this can be offered for an hourly consulting fee! You can advertise through avenues like LinkedIn.
Let’s take a look at the advantages and disadvantages of working as a consultant.
The perfect fit for a journalist already accustomed to writing daily!
Based on data collected by ZipRecruiter, the average hourly rate paid to writing freelancers in the U.S. is $48. That’s significant and a great incentive to investigate the option of becoming a copywriter as a side hustle.
Examples of places you can find online work are FlexJobs and Behance Jobs to name just two but there are plenty more options so spend a little time researching your options.
Let’s take a look now at the advantages and disadvantages of working as a copywriter.
So there you have it! Some of the best ideas to consider as a side hustle for a Journalist. Whatever your reason for needing a side hustle, don’t delay!
Start today and begin to build additional streams of income for yourself and a better future too!
We're An Affiliate - We are reluctant to allow advertising on this blog, which we believe will spoil the user experience. Instead (so that we can continue sharing our knowledge and expanding our content), we have decided to include affiliate links for the products that we use and/or rate highly.