Week’s Top Picks
Quick Entrepreneurial Tales, Investment Stories, Interesting Stuff & Resources to Spark Your Fire
First up, the most popular news stories and top AI tools to accelerate your entrepreneurial journey:
(1) Sam Altman and Jony Ive recently recruited iPhone design chief to build a new AI device (link)
(2) 3 friends tell their story of how to flip $3,000 into $250 million with a t-shirt brand (link)
(3)A 28-year-old shows how he snowballed a side hustle into making over $180 per hour (link)
Top AI Tools This Week 🔥
🤖 Findly AI – This tool helps you make better data-driven decisions through its powerful data analytical AI (link)
🤖 Tailwind AI – A foolproof marketing AI tool that feels like having a marketing team in your pocket (link)
🤖 Collab – An all-inclusive AI tool to manage projects, plan campaigns, generate to-do lists, and craft blog outlines (link)
🤖 LogoFast – Creating logos doesn’t have to be difficult or expensive with LogoFast (link)
Hey Cashflowers,
Since 2024 is right around the corner, and the holiday season is coming to an end, it’s time to get back to the grind. Now maybe that’s a grind you’re already on, or maybe that’s a grind you’re looking for. Either way, starting a side hustle or business in 2024 should be your first step. Along with that, choosing the right business is one of the most crucial parts of defining how much you’ll be “hustling”.
So today we’ll be going over the top 5 side hustle businesses to start in 2024 that’ll make sure you’re cashflowing more than you’re hustling.
Let’s get into it!
Diet Coaching
Become An Online Diet Coach
Maybe you’re getting into working out and dieting yourself, or maybe you’re a complete expert on the subject, either way, you can still be an online diet coach.
See exercise is great, and can help your body in many ways to look and feel better.
But that’s not important.
Remember how every year these crazy things called New Year’s resolutions pop back up?
Exactly. New gym memberships, weight loss goals, and strength goals are all immediate things coming January 1st and the second thing on that list is…
Diet
What you put your body through is just as important as what you put in your body, and a lot of people need help with that.
It isn’t rocket science to do research and understand how to help people achieve their goals, especially with a flush of new prospects in the market looking for a new diet guide.
The first thing that comes to mind is using AI, which is fact-driven and gives instant answers, there’s your first idea!
SaaS
Connect Things With Software
Look at it this way:
A SaaS is a nearly perfect business model.
What does every business need to do?
Solve a problem. Here you’re just solving a problem with software. If you can create a SaaS that solves an important and big enough problem, you’ll be bringing in more clients than you can count with AI.
Now some people are scared away of SaaS’s because of their seeming complexity, but we can assure you that if you put effort into learning, YouTube can teach you everything you need to know.
Do you know what else can teach you everything you need to know?
Our Newsletter 101 shows you exactly how to start a SaaS that gives pointers from an expert!
Copywriting
Words Don’t Type Themselves, And Can Pay
Copywriting has been in a sense blown out of the water in early 2023, and it seemed like a saturated market, but at this point, it’s not.
Copywriting is something every business and individual needs.
Busy business owners don’t have time to call their loved ones at times, what makes you think they have the time to write long emails or informative sections of their website, or even social media captions?
Exactly our point, being a copywriter doesn’t always mean being the best copywriter to dominate the market and make money, but rather being a reliable writer who can continuously do the work.
Obviously, skill is important, but nobody is good at anything from the start, just like every other side hustle on this list.
Say out of your first ten clients you retain one, and learn something from the other nine going forward. Now you have one client you can provide solid work for, 9 previous payments, experience from them, and a solid skillset to offer future clients.
Look at it this way: It’s not about learning then taking the test, it’s about taking the test and then learning from you’re mistakes, with opportunities to keep taking it.
Copywriting was overhyped once, but now it’s slept on, and it’s a great skill to have going into 2024.
Auto Detailing
Wash Expensive Cars Charge Expensive Rates
Now we know washing cars isn’t something everyone wants to do or can be proud of, but auto detailing isn’t the same.
Detailing out of a van can make serious money as a side hustle and can easily be done post-work in the afternoons or on the weekends.
It isn’t a skill that’s hard to learn, everybody has cleaned once or twice in their life.
It’s more necessary to have the right tools, products, and knowledge to detail for the right clients who are going to pay you properly, which you will learn with time.
Detailing is a great side hustle as it is recession-proof, as people always want their cars washed, and especially wealthy people always want their luxury vehicles detailed no matter the circumstance.
Pressure Washing
There’s More to Clean Than What Meets the Eye
Sure many people might like a clean driveway or a clean house that is rid of all the organic growth that can accumulate on them, but that’s not what you should go for when pressure washing.
See having all that organic growth gone from a house and its driveway makes it look newer and nicer, making it more desirable.
More desirable homes mean they will sell for more when listed on the market.
Pressure washing a home is shown to bring the appraised price up by nearly $10,000, which is a significant amount of money.
Think about what a seller would tell you when you offer to wash their house and driveway for $2,000, and it could add an extra $10,000 to their house’s worth.
Now that’s a deal that’ll get you paid well and bring in happy customers.
Now all side hustles are worth considering, but these 5 are the ones that are our favorites and have the most potential, so take the advice with a grain of salt.
With that, Until next time Cashflowers
Cheers!
Cashflow Chronicles
