Looking To Earn A Bit More Cash While Managing A Full-Time Job? Here Are 5 Side Hustle Ideas From 'Rich Dad Poor Dad' Author Robert Kiyosaki

Diversifying income streams or fancy for finding a side hustle, can offer not just financial security but also an exciting outroad to develop new skills and careers.

Robert Kiyosaki, the renowned entrepreneur and author of “Rich Dad Poor Dad,” has recognized the increasing appeal of side hustles across various demographics. From his wealth of experience, he suggests five lucrative side hustle ideas that anyone can start from virtually anywhere, accommodating both beginners and those looking to transition into full-time business ownership.

Online Tutoring Services

You don’t need a formal education background to start tutoring online. You can teach a variety of subjects including languages, business, or even hobbies via video calls, audio, or chat. Platforms can connect you with students, but going independent allows you more control over your rates. Kiyosaki notes that tutors can earn between $15 to $80 per hour depending on the subject and setup.

Transcription Services

If you have good listening and typing skills, transcription could be a profitable avenue. This involves converting speech from videos or audio files into written format. Basic tools like a computer, headset, and word-processing software are essential. Transcription jobs, especially those outside legal or medical fields, often don’t require formal education and pay about $10 to $30 per hour.

Sell Products Online

The digital marketplace offers immense potential to sell physical or digital products. From crafts on Etsy to vintage items on eBay, or even digital products like ebooks and art, the possibilities are endless. Kiyosaki highlights a case where an entrepreneur made $15,000 by selling masks online during the pandemic. Dropshipping is another option that minimizes the need for inventory and shipping.

Virtual Assistant

For those who are organized and enjoy administrative tasks, becoming a virtual assistant offers flexibility to work with businesses or individuals around the world. Responsibilities might include handling communications, bookkeeping, or scheduling. Virtual assistants can find opportunities on freelancing platforms or by marketing their services directly, with earnings ranging from $100 to $1,000 per month.

Teaching English As A Second Language (ESL)

Native English speakers have opportunities to teach ESL to students globally, either locally or online. While some platforms and schools may require a degree and certification, there are paths to teach informally or start your own teaching service, especially if you possess strong ESL teaching skills.