Hi, I’m Daniel from Finance Flop.
I’m a Chartered Accountant in South Africa giving actionable tips on finance, tech and how to earn money online.
In my opinion, a niche website makes the best side hustle due to the following reasons:
- It doesn’t clash with your 9 to 5.
- You can do it anonymously.
- You can target customers in any country and earn currency
- You don’t need to touch it at all during your normal work day
- Everyone’s online. And people = money
- The income can be fairly passive once it’s established (but keep in mind that there’s a lot of work in getting to that point)
- It can be incredibly lucrative – 6 to 7 figures (in USD)
This website is a niche site. I plan to document my experience as I slowly grow this site, sharing useful advice along the way.
If you’re thinking of starting a side hustle, I highly recommend respecting your current employer and not putting your job in jeopardy in any way. Your full time job is your bread and butter and it’s a blessing to have a job.
But something on the side could teach you a lot, earn you some bucks and even help you to do a better job at work as you’ll understand business better and you will develop many new skills that you might be able to apply at work.