Many professionals in the tech sector are worried about how they will make ends meet after being let go from high-paying positions, as the job market is volatile at the moment. Due to longer interview structures, hiring processes have slowed down, making it difficult to find new jobs.
If these professionals were able to start a business as a side hustle, they would be able to monetize what they know from their previous jobs. This unpredictable time may be the perfect time for creatively acquired education, experience and expertise, as many have long wanted to become entrepreneurs.
Professionals can make more money by doing just that.
1. Become a paid speaker
Thousands of fertile minds are being paid to speak at conferences. It's important to create two to three signature speaking topics that hit high points of your experience and what service you can provide, as well as semi- detailed descriptions for each. A speaker media kit with video examples of presentations is required for a professional website. Live audience clips are included in the video section after the first few gig. For both this field and those listed below, it's a good idea to create an limited liability company and get a business tax number.
Exposure to new job opportunities is another benefit of the speaking business.
2. Consider an adjunct professorship
Many industry executives who have master's degrees are affected by company layoffs and are able to teach. There are some who teach just a few times a week. It is possible to give back to the next generation of professionals while getting paid to teach a subject that is aligned with professional expertise. Being a professor is great for personal branding, as well as landing consulting and other opportunities.
3. Create paid content
Selling content can be an enduring and lucrative way for professionals to make extra money by creating courses, books and coaching programs. Career-related paid content has done well over the last three years. To get the word out, I recommend using social media, email marketing lists and professional online communities.
4. Seek a part-time remote job
It's amazing if you can get a good hourly rate. Flex schedules can be offered in the evenings or on the weekend. You can begin the search by using websites. Since companies are cutting back on full-time roles, there's always the chance that a part-time opportunity turns into full-time.
