How to Use These 4 Side Hustles to Passive Wealth | Entrepreneur


No longer just a weekend passion project, side hustles have become a way of life for many. In fact, as of the beginning of 2023, nearly 50% of Americans have a side hustle — even if they’re making $100k annually at their traditional 9- 5 jobs.

So why has it become such a critical aspect of life for such a large population?

One of the important reasons people tend to gravitate towards side hustles is the freedom they offer; the opportunity to be our own bosses and choose our own business path is just too good to pass up. However, according to Bankrate, 41% of those with a side hustle are doing it to make ends meet.

For most, what comes to mind at the mention of “side gigs” are driving for Uber or Lyft, delivering for Door Dash, GrubHub and Instacart, or running errands for TaskRabbit. While these are all viable options, the truth is that there’s actually a wide variety of different side business paths you could pursue. Let’s take a look at four passive streams of income that make great side businesses.

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