The cost of living in Malaysia has gone high and most of us are in search of other ways to earn more income. Freelancing is now the new trend among people who wish to earn some more money while still holding their regular jobs. Here are five side hustles you can begin with little to no money to make some extra cash.
1. Freelance Writing and Content Creation
Freelance writing is one of the best side hustle business ideas for those who have a flair for words. There are always many companies and blogs seeking for writers to produce content from articles to social media posts.
Investment: Internet connection and a laptop.
Earnings: It costs between RM50 and RM500 per article depending on the niche and the number of words.
Tip: First, try to find freelance jobs in sites such as Upwork, Fiverr, or even local sites like MauKerja.
2. Dropshipping Business
Selling products online without having to own the stock is known as dropshipping. You are the link between the supplier and the buyer and you make your profit from the difference between the price you sell the product at and the price you bought it for.
Investment: Creating a website which costs between RM100 to RM300 or using the Shopee or Lazada platforms.
Earnings: The profit margins can be between $20-$50 per product.
Tip: Concentrate on popular products such as phones accessories, fashion accessories or home decor to increase the number of customers.
3. Food Delivery Rider for GrabFood and Foodpanda
It is a flexible job opportunity for people to become a delivery rider if they already own a motorcycle. This gig lets you decide when to work and take advantage of the busiest times of the day for meals to earn more.
Investment: Your car, your mobile phone and your fuel.
Earnings: RM10-RM30 per hour depending on the number of delivery made.
Tip: Register with several sites to get more employment chances during rush time.
4. Social Media Management
If you are good at social media, then businesses require assistance in handling their social media accounts. This could include writing blog posts, planning posts and interacting with the followers.
Investment: Some of the simplest social media tools include Canva for graphics, which has free versions.
Earnings: It costs between RM500 and RM2,000 per month per client depending on the amount of work done.
Tip: It is possible to build a portfolio by taking over accounts of friends or small businesses for free at first.
5. Online Tutoring
Due to the current situation where most learning is done online, online tutoring is prevalent. You can teach subjects such as English, Mathematics, or even skills such as coding and digital marketing.
Investment: Internet connection, a laptop and a quiet environment.
Earnings: It ranges from RM30 to RM100 per hour based on your experience and the topic you are teaching.
Tip: You can easily find students through the help of online platforms such as TeachMe, MyPrivateTutor, and Superprof.
