What are Good Side Hustles in the Philippines?
What are the good side hustles in the Philippines?
- Virtual assistant
- Online seller
- Content creator
- Online course developer
- Food or logistics courier
- Real estate ventures
- Social media manager
Overview
- In the Philippines, 60% of workers, notably the youth, engage in side hustles amid economic challenges.
- Data from the 2021 Survey shows 18.1% of Filipinos below the poverty threshold, highlighting the need for extra income sources.
- Options for side hustles in the Philippines include virtual assistance, online selling, content creation, online courses, courier services, and real estate.
In the Philippines, many young workers are turning to side hustles, with 60% actively seeking extra income. Economic challenges and a 6.1% inflation rate in September add urgency to this trend.
According to the 2021 Family Income and Expenditure Survey, 18.1% (around 19.99 million) of Filipinos live below the monthly poverty threshold of PhP 12,030 for a family of five. Additionally, 5.9% face difficulties meeting basic food needs.
This data highlights the importance of exploring side hustles for financial stability. In this article, we’ll feature some good side hustles in the Philippines, considering the current economic landscape and its impact on individuals and families.
Virtual Assistant
In the era of remote work, being a virtual assistant goes beyond routine tasks, playing a crucial role in streamlining business operations. Notably, Christine Carrillo, a Hawaii-based executive, praises her Filipino assistant for saving 60% of her time. Angela Monta, a 25-year-old from the Philippines, showcases the adaptability of virtual work as she serves as an executive assistant for a California venture capitalist.
Filipino virtual assistants, exemplified by Monta, thrive on global job platforms. They handle various jobs like managing emails, helping with customer inquiries, running social media, conducting research, basic bookkeeping, content creation, project management, and more.
Despite their successes, challenges, particularly in job security, highlight the need for industry attention and regulation. This emphasizes why virtual assistance stands out as an excellent side hustle in the Philippines, offering diverse global opportunities.
Online Seller
Venturing into online selling presents a lucrative opportunity to navigate the dynamic e-commerce landscape, especially during the pandemic-induced surge in online transactions.
Entrepreneurs can explore diverse industries and products, from handmade crafts, clothing, and accessories to digital offerings like e-books, online courses, and virtual services.
The rise of dropshipping allows for efficient logistics management without extensive inventory. Whether delving into tangible or digital products, the online selling venture accommodates various industries, enabling entrepreneurs to carve a niche and thrive in the evolving e-commerce landscape.
Content Creator
Online platforms like YouTube, blogs, and podcasts not only provide a canvas for creative expression but also serve as avenues for monetization through ads, sponsorships, and affiliate marketing. For those skilled in content creation, these sites offer a promising path to a rewarding side gig.
To thrive in content creation as a side hustle, certain qualities are paramount. Kickstart with creativity—innovate for engaging content, drawing inspiration from success stories like Leadership Stack, recognized as the best leadership podcast in the Philippines.
Effective communication, adaptability, and consistency are vital for connecting with your audience and building a following. Patience and resilience are essential on the journey to success, requiring time and dedication.
Online Course Developer
Engaging in online course development is a profitable side gig for Filipinos seeking extra income. Crafting global content offers accessibility and scalability, meeting the rising demand for online education.
Your responsibilities include creating engaging content, adapting for a global audience, optimizing platforms, collaborating, and ensuring continuous improvement—providing a meaningful and profitable learning experience.
Food or Logistics Courier
Eligible individuals, such as those with a valid driver’s license and access to a vehicle, can explore the rewarding role of a ride-sharing driver or food/logistics courier.
Leverage your transportation resources to meet the growing demand for convenient services, whether it’s transporting passengers or delivering meals. This side hustle, designed for those meeting the necessary criteria, aligns with modern mobility preferences, offering a viable and adaptable source of part-time income.
Real Estate Ventures
Transform your spare rooms or properties into a money-making opportunity with platforms like Airbnb. Airbnb’s clever online platform has changed short-term accommodations, getting strong reactions from established accommodations and regulators.
As a host, manage your property well, keep it clean, communicate with guests, and create a welcoming atmosphere. This side hustle not only brings in extra income but also adds to the evolving world of modern accommodations.
Social Media Manager
For those proficient in platforms like Facebook, Instagram, and Twitter, a rewarding side hustle opportunity exists as a social media manager. Businesses highly value individuals who can adeptly navigate these channels to enhance their online presence.
Your role includes creating appealing content, managing campaigns, and analyzing analytics to enhance digital marketing strategies. Ideal for those with a good grasp of social media, creative minds, and an interest in digital marketing and analytics.
Key Takeaway
There are numerous good hustles in the Philippines. Find a gig that aligns with your skills and passions, providing not just financial benefits but also avenues for personal and professional growth.
Start your side hustle journey today! Infuse the spirit of Leadership Stack to enhance your leadership skills and make informed decisions, propelling yourself towards sustainable success. Contact us to help you not only excel in your entrepreneurial pursuits but also contribute positively to the broader business ecosystem.
