What’s up you guys, it’s Joel here! A lot of people, especially in Ghana struggle to keep up
with their daily expenses with the meagre salary they earn. In fact, research has shown that while
inflation has gone up over the last five years by 27%, salaries have remained the same.
So today,
we are going to talk about 5 online side hustle gigs you can start right now in Umuofia to earn
some extra income. But before we begin, a quick word from our video sponsor, the like button!
Guys, it was recently discovered by scientists that tapping the like button
burns 2 calories and contributes to a healthier and longer life. No joking! So tap, tap, tap. Tap
the like button and drop a comment ‘I tapped’ right after doing so! I’m waiting 1,2,3
Straight off the bat, let’s talk about online Freelancing: Those who have been on this channel
for a long time will be familiar with this as I have made so many videos on the topic. If
you’re new, freelancing is simply working as an independent contractor rather than being tied or
employed by a company. The idea is to sell your skills and services to companies and individuals
who need them as and when they need them. This way, the potential to scale up and make so much
money is only limited by your ability to work for an infinity number of clients per month.
There are some people who have quit their fulltime jobs to freelance online because the money is
just better. I know a subscriber to this channel who took my free course. He was previously
employed as a Graphic Designer for a company in Accra for a little over 1000 cedis. Having
switched to an online freelance career, he now makes 5000-10000 dollars every single month. To
put it in perspective, that is almost 80,000 cedis a month doing exactly the same thing he was doing
for his previous company. If you’re interested in learning how to do what he did, I’ll link my
previous videos in the description for you to check out. When it comes to online freelancing,
the market is vast because it’s a global market. You only have to improve your skills
to be very good at what you do and beat the competition. And it could be any skill at all.
I continue to make $1000 converting audio to text. Others sell Graphic Design Services,
Voice Acting Services, Spokesperson Videos, Legal Services, Dating Advice, Video Editing and Data
Entry services and many more. Your question might be how can you do this? There are platforms that
allow you to sell your services such as fiverr, upwork, freelancer and many more. I’ll share links
in the description below. What makes this very lucrative is the fact that
being resident in Africa, you can sell services at a cheaper price to beat global competition
and because of the dollars value to many of our local currencies, cash out big time. Additionally,
there is no barrier to entry and no startup or maintenance costs except your internet data. So
you might want to try online freelancing out. Our next online side hustle is vlogging or
blogging: This simply involves creating a blog, website or YouTube channel to create articles
or videos on topics you are most passionate about. Once you have a blog or channel that
receives consistent traffic, you can apply to have it monetized for google ads. This means that
Google will begin to show adverts on your blog or channel and pay you for that. Beyond that,
you can also secure brand deals and sponsorships from companies that sell products or services
related to the stuff that you talk or write about. I could do a whole indepth video about this hustle
alone so type interested in the comments if you want to see me make one. This is a side hustle I
have been doing for the past three years and as you can see, I’m talking to you about money – a
subject I am most passionate about. If you think youtubing isn’t for serious people, check this
out. Youtubers and Bloggers in Ghana make between 500-80000 cedis a month and you could join in on
this. I know someone is going to run to the comments section and start typing, but Joel I
don’t have a camera so I can’t start YouTube. I don’t know how to write so I can’t start a blog.
Here me out. I started this channel with my iPhone 5, graduated to an iPhone X and this is the first
video I am actually shooting with a professional camera. I know people running bigger channels
still using their phones or cheap cameras. What is important is the value you give out. Use what you
have and scale up as you grow. If you cannot write, contract ghost writers to write for you.
You’ll just manage the blog and pay them at the end of the month. There’s no excuse to get started
on this one so sharp sharp, get started. Our next online side hustle is Affiliate
Marketing: This is a performance-based marketing technique where a business pays you a commission
for bringing them new customers. The main thing you’d need to succeed here is a ready audience
with purchasing or buying power. It could be subscribers on youtuber, followers on tiktok,
Instagram or twitter or eve your own circle of friends on facebook. While there are special
websites where you can copy affiliate links from and share, if you have created a channel or blog
on a particular niche or topic, you can find affiliate links from companies or businesses
in that space to share to your audience. Since starting this channel,
I have shared affiliate links for companies like exness, Tigerwit, fiverr, and the achieve app and
made over 100,000 cedis in affiliate commissions. Before you come chasing me for money, 98%
of this has all been spent! However, let me use the opportunity to disclose that anytime you see
a link in my video description, it’s very likely an affiliate link and when you register with it,
I earn a commission. I want to say a big thank you to all those who have used my link to buy products
or register for services. You could have done so without my link but you chose to use it and
it is because of people like you that this channel is currently where it is. So thank
you. If you want to have an in-depth video on affiliate marketing, leave it in the comments
and I’ll do one featuring industry leaders to show you exactly how you can go about this side hustle.
Now, before we jump into our next gig, here’s our side hustle shout out for
today. Fiifi is a young dynamic online entrepreneur and a gym
enthusiasts. He runs … business and sells products that range from
1. Led light strip that can be controlled by a smart phone via Bluetooth
2. Starry light projector that has an inbuilt speaker
3. RGB & white light Ring light
4. Tripods 5. Airpods 2 & pro
6. Smart watches 7. Ring light selfie stick
8. Abs toners You can check him out
on Instagram @ or call him to do business. Keep up the grind bruh, and a hand to head salute to you!
The next thing we want to talk about is transcription which can be offered online
or offline as a freelance service to different markets. Transcription simply involves concerting
audio to text. Video editors use transcripts to generate subtitles or translations for videos,
transcripts are also used by courts and police prosecutors. They are also used by students who
are conducting interviews for their research projects. And the good thing is that there are
online software that help you speed up this work so you don’t have to spend long hours
typing. As I mentioned earlier, I make money selling transcription services on fiverr
and this has put me in the virtual boardrooms for some of the biggest companies in the world,
it’s impossible to quantify how much I have learnt working on transcripts for my clients. You can do
it too and I have a full tutorial on my channel playlist to guide you through the process. If you
want to do this side hustle offline, you’d have to use platforms like LinkedIn and Twitter to network
with researchers and video editors who might need your services. There are no costs involved in this
side hustle. All you need to do to grow and scale up is deliver quality transcripts to your clients
so they refer you to colleagues in their industry. The last thing we want to talk about is crypto
trading. And I actually get uncomfortable when I have to talk about this because 70% of the crypto
space is laden with scammers of different shapes and sizes. But if you do it the right way, you can
make so much money buying low and selling high. I decided to include this hustle because I recently
had a chat with Kwame Pianim, a friend of mine, and he shared with me how he grew a small fortune
buying alt coins and selling them off at their peaks. But this side hustle requires you to learn
a lot about cryptocurrency and the right way to invest. My plug for this is Elvis Justice Bedi,
one of the best crypto and forex traders I know of in Ghana. I’ll leave a link to his
channel and his course in the description so if you’re interested you can learn more about this.
With crypto trading, the barrier to entry is a good understanding of cryptocurrency and
there are costs involved. If you do not learn well, you WILL lose all your money.
So festina lente, make haste slowly and if you’re interested in this side hustle, get started asap
So we’ve come to the end of today’s video. I want to thank you all for hearing me out. On this
channel, I talk about innovative ideas for making money online and offline so that you can break out
of the cycle of poverty and meet all your dreams and aspirations in life. If this interests you,
be sure to subscribe a check out my other videos. Also check me out on twitter and Instagram
@thejoelsam. I post there pretty much daily so follow me for updates. I’ll catch you next time.