If you're just starting your side hustle, making $300 a day might seem out of reach. It's ambitious, but with the right approach (and an internet connection), it's attainable.
And thankfully, there are multiple ways to make it happen. You can freelance using skills you already have and start building a client base. Or, if you like driving, consider delivering during peak hours and taking surveys or playing games while you wait. Getting creative with how you earn money can help keep you engaged and help you reach your earning goals.
Although you may not make $300 a day immediately, with time and consistency, you can develop your side hustle into a profitable business.
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How to potentially make $300 a day
While it's possible to earn $300 a day using the methods below, it may take some time and multiple income streams to build up to that level.
Instead of relying solely on one method to earn more, get creative about ways to make money. Consider using multiple ways to achieve your income goals, such as delivering for Uber Eats, completing surveys, and working on freelance projects.
Whatever methods you choose, be persistent and strategic in your approach. Set goals for yourself and realize that you won't start making big money right away.
Instead, take a long-term approach that allows you to build something sustainable. Be sure to factor in time to rest and to spend time with family or friends to help you stay consistent.
Deliver during peak times
When I think of starting a side hustle, ridesharing services like Lyft and Uber come to mind quickly. But if, like me, you aren't excited about having to make small talk with an endless stream of strangers, there are other options. For instance, consider driving for delivery services like DoorDash or Uber Eats.
Making deliveries can be a great way to earn extra cash, especially if you can drive during peak hours like during lunch or dinner time. However, driving is time intensive, and you'll need to factor in gas, insurance, and the wear and tear on your vehicle when calculating your net profit.
Both Uber Eats and DoorDash offer a base pay rate, tips, and any promotions that the apps are running to help you earn more. You can set your schedule and choose which orders to take. In some cities, you can even deliver via scooter or bicycle. However, you must be at least 18 years old (19 in some states and for Uber Eats), have a valid driver's license, pass a background check, and provide proof of car insurance before you can sign up.
Both companies pay weekly via bank transfer. If you want to access your money faster, they both have programs that give you near-instant access to your funds for a small fee.
Offer freelance services
I've found freelancing to be one of the best side hustles and the fastest ways to start earning more money outside of my day job. If you have skills and experience in copywriting, marketing, or graphic design, you may already have a side hustle ready to go; you just need to find clients.
Similarly, if you have a background in web development or technology, you can find clients eager for help in designing websites, setting up online stores, or writing code.
Multiple sites can help you find freelance opportunities. Two of the most popular are Upwork and Fiverr. Both job boards offer freelancing gigs in various areas like software development, accounting, writing, administrative and customer support, and IT, to name a few.
You can create your profile for free. However, if you want to reach the most clients, you may have to pay an extra fee.
Both Fiverr and Upwork have a lot of competition. You may find that you have to set rates much lower than you'd like to get work, especially when you start. Additionally, both sites charge freelancers a fee for any work found through their sites. Upwork charges a variable fee of up to 15% on all earnings. Fiverr charges a 20% service fee. You'll also need to set aside money for taxes when you use either platform.
Rent out assets
Sites like Airbnb and VRBO enable you to rent out a second home or spare bedroom that might otherwise remain empty. However, you might not be comfortable with strangers staying in your home, especially your primary residence.
If you have space but don't want strangers in your home, consider using a site like Neighbor.com. Neighbor.com allows you to rent out your storage or parking space to individuals seeking to store their extra items, vehicles, trailers, or even boats and RVs. Neighbor offers hosts liability coverage and will handle payment processing. You get to choose who rents, how frequently people can access their items, and the items stored on your property.
Similarly, a site like Turo can help you earn cash by renting out your vehicle instead of keeping it in a garage. Although Turo isn't available everywhere, if you live in a major city and drive a cool or luxury car, it may be a great way to earn an extra $300 a day.
Turo offers up to $750,000 in liability insurance to hosts along with additional protection plans. You can manage bookings through the Turo app and set pricing.
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Do tasks and take surveys
While taking surveys, playing games, or completing tasks online may not earn you $300 a day on its own, it can be a good way to fill in any downtime you have between your larger side hustles.
Survey Junkie is one of the best survey sites available. It connects users with brands seeking feedback on new products and market research companies looking to identify trends. Survey Junkie awards points that can be redeemed for e-gift cards or sent via bank transfer or PayPal. I appreciate that Survey Junkie doesn't clutter its interface with distractions and only offers surveys. It's a legitimate option for taking surveys and making money, and it only requires $5 (500 points) to cash out.
Visit Survey Junkie | Learn more in our Survey Junkie review
Freecash primarily focuses on games, but it also offers surveys and other tasks. It pays users to download game apps, and you earn specific amounts by reaching certain levels in each game. As one of the few legit game apps, Freecash allows users to cash out via bank transfer, PayPal, gift card, and other methods, but it charges a 5% processing fee on withdrawals made via PayPal or bank transfer.
Visit Freecash | Learn more in our Freecash review
Content creation
If you already have a social media presence, especially on YouTube or another popular platform, consider monetizing it to help you meet your earning goals. Building a following on social media can be a lengthy and challenging process. Still, depending on the number of followers you have and their level of engagement, you may qualify for brand partnerships or affiliate marketing opportunities.
Additionally, most social media sites offer monetization programs for creators, such as the YouTube Partner Program. While you typically need to demonstrate eligibility through metrics such as watch time and subscriber count, growing your following to participate in these programs may be worthwhile.
Similarly, if you enjoy writing and have something to share, consider starting a blog or a Substack newsletter. Substack is free to use as long as your content is free. If you enable paid subscriptions, a 10% fee will be charged, plus credit card processing fees.
Digital products
If you're creative and comfortable with computers, consider creating and selling digital products. Although people generally think of Etsy as a platform for selling physical items, it also offers a range of digital products, including printable art, digital planners, and teacher printables. Etsy can also help you design e-books or courses. Be aware that Etsy charges transaction, setup, and other fees, so be strategic about your pricing and offerings.
Similarly, if you have a background in graphic design or photography, designing and selling custom invitations on a site like Etsy or Shopify helps you earn more. Shopify charges a monthly fee to sell on its platform, so ensure your designs are viable and in demand before signing up.
Tips for success
Starting a side hustle provides greater flexibility and can offer more earning potential than some traditional jobs. However, it's essential to start strong and avoid side hustle mistakes, especially if you have a big goal like earning $300 a day.
- Leverage your interests and skills: Use your existing skills to help you start earning faster. Choose side hustles that you're interested in to help you maintain momentum, even when it gets boring or difficult.
- Value your time: Some opportunities pay more than others, and some take longer than you may be willing to commit to. Be strategic in the tasks you choose to maximize earnings.
- Set up your business properly: Depending on the type of side hustle you choose, you may need to establish an LLC or an S-Corp. Research the available options and consider consulting with an attorney or accountant to ensure that everything is correct.
- Prepare for taxes: Remember, most side hustles or freelance opportunities don't withhold taxes on your earnings. Set aside 20% to 35% of your earnings in a separate bank account and pay your estimated taxes quarterly to help you avoid fees.
- Set clear goals and track your progress: Earning $300 a day takes time and effort. Set smaller earnings goals for yourself and track your progress to help you stay motivated.
FAQs
How do I avoid scams?
Avoiding money-making scams can be tricky. If an opportunity sounds too good to be true, it likely is. Thoroughly research any company and steer clear if there are multiple reports of scams or other freelancers not getting paid. It can also be helpful to stay up-to-date on current scams, so the red flags are easier to spot when they appear.
Can I really make $300 a day without special skills?
You can earn $300 a day without specialized skills, but it requires a significant amount of effort. You will likely need to combine several side hustle opportunities, like delivering food, renting out extra space, and taking surveys or playing games, to help you reach your goals. Don't be afraid to get creative, but be aware of the time commitment required.
How long does it take to make $300 per day?
The time it takes to build up to $300 a day depends on various factors. The type of work you do, the time you spend doing it, and the rate you charge all determine how much you can earn. Begin with small projects and gradually expand or add new opportunities over time.
Bottom line
There are multiple ways to make $300 a day. If you need cash immediately, consider signing up to deliver food or other items. If you have a little breathing room, consider what interests you most and how you can create an income from it.
Using multiple methods simultaneously, like taking surveys, freelancing, and renting out unused space, can help you earn more and also give you more stability by using various revenue streams. Research different industries and try to put the skills you already have to use in your quest to make $300 a day.