How do I set up a small passive side hustle to bring me $20k monthly?

Question from Dan K. on Reddit

Top AI-Powered Side Hustles and Seamless Payments

In today’s digital age, starting a small business or side hustle has never been easier, especially with the power of artificial intelligence (AI) and reliable payment solutions like Wise. We have been looking for the perfect online invoicing and money transfer method for some time now, and we can tell you Wise knocked it out of the park. So, whether you’re looking to supplement your income or turn a passion into a profitable venture, AI tools can streamline your operations, and Wise can help you collect your money. Here’s a step-by-step guide to some top AI-powered side hustles and how to set them up seamlessly to earn $10k monthly.

1. AI-Powered Content Creation as Service

Step 1: Choose Your Niche

Decide what type of content you want/can create. Popular niches include blog posts, social media content, video scripts, and e-books. Use AI to prepare a draft email with an offer to do content for companies in your space. First, try local companies with older staff or classical business practices that could benefit from your digital knowledge.

Step 2: Select AI Tools

– Jasper (formerly Jarvis): For writing engaging blog posts and social media content.

– Copy.ai: For generating marketing copy and product descriptions.

– Synthesia: For creating AI-driven video content.

Step 3: Set Up Your Workflow

– Use the AI tools to generate content ideas and drafts.

– Edit and personalize the content to fit your style and audience.

– Schedule and publish your content using platforms like Buffer or Hootsuite.

Step 4: Receive Payments with Wise

– Create a Wise account to receive international payments with low fees.

– Integrate Wise with your invoicing software (like QuickBooks or FreshBooks) to streamline payment processing.

2. AI-Driven Graphic Design Services

Step 1: Identify Your Services

Determine the types of design services you want to offer, such as logos, social media graphics, or marketing materials.

Step 2: Leverage AI Tools

– Canva: For creating stunning designs with ease.

– Looka: For generating professional logos.

– Designhill: For crowdsourcing design ideas and inspirations.

Step 3: Build Your Portfolio

– Create a portfolio showcasing your AI-assisted designs.

– Use platforms like Behance or Dribbble to display your work and attract clients.

Step 4: Manage Payments with Wise

– Set up a Wise account to handle payments from international clients.

– Include your Wise account details in your invoices to ensure swift and cost-effective payments.

3. AI-Based Language Tutoring

Step 1: Choose Your Language

Decide which language(s) you are proficient in and want to teach.

Step 2: Utilize AI Tutoring Tools

– Duolingo for Educators: To track student progress and create custom lessons.

– Speakly: For creating personalized language learning plans.

– Rosetta Stone: For offering a comprehensive language learning experience.

Step 3: Find Your Students

– Advertise your services on social media, language learning forums, and tutoring platforms like Italki or Preply.

– Use AI tools to create engaging lesson plans and interactive learning materials.

Step 4: Simplify Payments with Wise

– Sign up for a Wise account to facilitate easy payments from students worldwide.

– Offer payment plans and subscriptions, ensuring all transactions are processed through Wise for minimal fees.

4. AI-Powered Virtual Assistance

Step 1: Define Your Services

Outline the virtual assistant services you can offer, such as email management, scheduling, or social media management.

Step 2: Employ AI Tools

– Grammarly: For editing and proofreading communications.

– Trello: For project management and task organization.

– x.ai: For AI-driven scheduling and calendar management.

Step 3: Market Your Services

– Create a professional website or profile on platforms like Upwork or Fiverr.

– Highlight how you use AI to enhance efficiency and provide top-notch service.

Step 4: Handle Payments with Wise

– Open a Wise account for smooth international transactions.

– Ensure your clients can pay you through Wise to benefit from its competitive exchange rates and low fees.

How to set up your payments

Setting up Wise is straightforward and beneficial for any side hustle:

1. Sign Up: Visit the Wise website and create an account.

2. Verify Identity: Complete the verification process to ensure your account’s security.

3. Link Your Bank: Connect your local bank account to transfer and receive funds.

4. Invoice Clients: Use your Wise account details in invoices to facilitate direct payments.

5. Enjoy Low Fees: Benefit from Wise’s transparent fees and real exchange rates, keeping more of your hard-earned money.

By leveraging AI tools and Wise, you can efficiently manage your side hustle, maximize productivity, and ensure seamless payments. Embrace these technologies to transform your small business ideas into successful ventures today! Earn 20k a month from home by just using AI! 3, 2, 1, go!