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The Honest Truth: Out of the five online side gigs I tried, only one was successful.

Introduction: The Dream of Simple Online Income

By Farida KabirPublished about a month ago 3 min read
The Honest Truth: Out of the five online side gigs I tried, only one was successful.
Photo by Kajetan Sumila on Unsplash

The Honest Truth: Out of the five online side gigs I tried, only one was successful.

I sought independence, adaptability, and additional revenue. Instead, I discovered disappointment, broken promises, and one unanticipated victory.

Introduction: The Dream of Simple Online Income

I was attracted to the potential of internet side gigs, just like millions of others.

You've read the headlines:

Earn $10,000 from home each month

Passive income while you're asleep

Anyone can do this; no expertise is needed.

Everything sounded so alluring at first. I had no intention of becoming wealthy overnight. All I wanted was a steady side gig that I could do in addition to my daily obligations.

I therefore made the decision to test reality.

I experimented with five well-known online side projects that are frequently advertised as profitable and accessible to beginners over a period of several months.

I experimented with five well-known online side projects that are frequently advertised as profitable and accessible to beginners over a period of several months. I kept track of my actual earnings, learning curve, time and effort.

Just one of them was really effective.

This is the unvarnished truth.

Online surveys are the first side gig that is the biggest let-down.

What It Said

Fast cash

No expertise is needed.

Work anywhere, at any time.

What Really Took Place

Online surveys are frequently promoted as the simplest way to earn money online. You register, respond to enquiries, and receive compensation. It sounds easy.

In actuality:

Most surveys disqualified me in the middle.

For fifteen to twenty minutes, many paid less than $1.

Some never made any payments at all.

I only made a few dollars after clicking, responding and waiting for hours.

The Actual Issue

There is hardly any time left.

In this model, your time is practically worthless. There is no way to scale, and you are exchanging attention for pennies.

Conclusion

Not worthwhile

Excellent for spare change, awful for actual money.

Drop shipping (High Hype, High Stress) is the second side gig.

What It Said

Absence of inventory

Automated revenue

Manage a company using a laptop

What Really Took Place

On social media, drop shipping is ubiquitous. Influencers display screenshots of their opulent lifestyles and massive sales.

However, the concealed reality consists of:

Paid advertisements that quickly deplete funds

fierce rivalry

Customer complaints that are beyond your control

Low profit margins

I researched products

ran advertisements

and set up a store for weeks. My meagre sales hardly paid for expenses.

The Actual Issue

These days, drop shipping is crowded and reliant on advertisements. It's very hard to succeed without substantial funding and marketing know-how.

Conclusion

Too dangerous for novices

Inconsistent outcomes, excessive stress, and poor control.

Third Side Business: Freelance Websites (Skills Are More Important Than Promised)

What It Said

Quick clients

Work from home

Get compensated for your abilities

What Really Took Place

Fiverr and Upwork are examples of freelance platforms that can be effective, but only in specific circumstances.

I soon came to the conclusion:

Thousands of other freelancers compete with new ones.

Customers frequently select the least expensive option.

It takes time to develop trust.

Although there was fierce competition, I did land a few small gigs. Progress was sluggish without a solid portfolio or speciality.

The Actual Issue

Easy money is not what freelancing is. Success in this business is contingent upon:

Skills that are marketable

Interaction

Placing

Conclusion

Doesn't work for inexperienced people.

There is potential, but it takes time to manifest.

Affiliate marketing (long game, slow rewards) is the fourth side gig.

What It Said

Income from passive sources

Make money while you're asleep

Promote goods you adore.

What Really Took Place

The idea of affiliate marketing seemed ideal. You make product recommendations and get paid when customers use your link to make purchases.

However, the reality is as follows:

Traffic is crucial.

It takes months, not weeks, to get results.

Patience is necessary for SEO and content production.

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