**This is a collaborative post
Full-time parenting offers many benefits. For example, you can watch over your child as they grow up and be there for all the important moments of their life. The downside, though, is that you don’t have your own income since you don’t have a job.
Luckily, it’s not impossible to make money while being a stay-at-home parent. From starting a business to finding home-based gigs, here are four profitable hustles for full-time parents.
Start an Online Business
With your flexible schedule, you now have more time to invest in starting an online business. When you talk about starting a business, people used to think about finding a venue, hiring people, etc. Establishing a shop now isn’t as time-consuming or as expensive, especially when you can just do it online.
Anyone can earn money by selling unique products online using e-commerce platforms or marketplaces. The first thing you need to do is to find your niche and market. Next is to look for product suppliers. When you have your business plan ironed out, you can either launch your own e-commerce website or use an online marketplace to sell your products.
If you don’t have space at home to store product items, try a drop-shipping business model. In drop-shipping, the third-party supplier will take care of manufacturing the product and fulfilling customers’ orders. Your only responsibility is to forward orders to the supplier, process payments, and market the products. Because the supplier takes care of the whole fulfillment process, it’s vital to find one that is able to deliver consistent quality products and services.
Try Freelance Work
If you’re a writer, editor, designer, or developer, use your creative skills to earn money. There are tons of companies, organizations, marketers, and individuals who are looking for freelancers. You can find job listings on freelance platforms like the following:
- Envato Studio
You can also create a profile on professional platforms like LinkedIn so that employers can find you. Prepare your portfolio in advance to show employers. Decide your rates. You can look into the rates of other freelancers to find a benchmark for your own.
There are cases when employers don’t pay freelancers what they’re due, so be meticulous about choosing jobs. Check the company’s website, and don’t hesitate to ask questions. If you have freelancer friends, try to ask them for referrals first.
Start a Blog / Vlog
If you love creating content, you can make money by starting a blog or vlog. First, choose a niche that you’re passionate about and have some considerable knowledge of. For example, many stay-at-home parents start blogs or vlogs to catalogue their parenting journey and connect with people who are going through the same challenges.
They earn money through their blogs or vlogs by amassing a large audience. Then they monetize their blogs through the following ways:
- Affiliate marketing
- Email marketing
- Getting sponsorships
- Publishing sponsored content
- Selling digital products
- Selling coaching services
To get more followers or subscribers, it’s essential to publish great content consistently and engage your audience all the time. Earning money through this method takes time, so you need to be patient and continue to build a presence, promote yourself, and produce more excellent content.
Publish Courses or E-books
Got expertise in a relevant field? You can earn money by sharing your expertise with other people. Right now, one of the most lucrative ways to use your mastery in a field is to create and publish courses and e-books and teach your skills online.
There are many platforms, like Udemy, Teachable, or Podia, where you can publish courses and educational material you create. People who want to learn a new skill or further their education on a certain subject buy and take these courses.
If you’re an expert in fields like financial planning, medical billing, college applications, and SEO marketing, you can also conduct talks and offer consultations to companies, organizations, and individuals. You can charge a fee per event or consultation.
The internet has created many opportunities for moneymaking. Now, you don’t need to go out there and find a job to earn a steady income. This is a huge benefit for many stay-at-home parents. If you’re a full-time parent, it’s no longer impossible for you to make money at home. You start a home-based business, do freelance work, or create content to make a living. And you get to do this while being there with your child every step of the way.