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Top 5 Skill-Building Side Hustles for University Students

19th November 2017

You want money. You want skills. You don’t want to work in a fast food restaurant.

The solution? A side-hustle that will give you money and skills, and not leave you smelling of over-calorific oily fries everyday. Yes it exists.

University is the perfect place to start a side-hustle because you have more time (if you know how to manage it), you have less responsibilities and you’re a knowledge sponge (i.e. you’re always learning).

I’ve compiled a short list of these lil jobs to get you started on some cash and joining the job market. With these hustles you’ll learn VERY valuable skills that many employers ADORE and you’ll get to experience more of the adult world (yay to that). I’ve personally done every single one on the list, so they’re all doable and effective.

 

Teaching English/your native language

A classic side-hustle in university. There is a HUGE market for teaching languages, especially English. Students range from Asia to South America to even your next door neighbour. Whether it’s online or face to face, you will always find someone who is willing to learn. Post some flyers around your university (if that’s allowed), post ads on Craigslist and similar websites looking for people who want to learn a language. If you want to check out teaching online, here is a list of companies looking for teachers. If that doesn’t work, hop on to Upwork and Fiverr and post your ads all over the place.

It’s important that you put in the effort. Make lesson plans, listen to their requests and deliver well. However, once you start getting better, charge more. I charged $5 (and Fiverr gets $1) per hour, and didn’t realise how much I was being underpaid considering the quality of my classes until much later. Don’t make that mistake and take into account your value.

Skills acquired: Empathy and dealing with clients. As a teacher you have to put yourself in your students’ shoes. You have to learn how to explain as clearly as possible, and be patient with their learning. You also learn a lot about your own language and what foreigners struggle the most with.

If you do English lessons at the right place with the right clients, you can earn good money. I was earning $40 an hour in Shanghai just because English teachers are in huge demand there, no kidding.

Yep, that’s me

 

Selling products

This could be selling extra clothes on eBay, owning an online shop (Wicked Chokers I miss you) or simply selling your own products (pet portraits?).

Skills acquired: Learning how to sell! VERY VALUABLE SKILL. Employers will be begging you to join their company if this is a skill you master. Selling products online allows you to get started on understanding the whole trading business. You learn how to market your products, how to deal with customers and how to adjust according to demand. Very cool skill.

My number one lesson from owning an online shop: Focus on capturing their attention. Do something so weird and so different that they have to check it out. Then, provide valuable content.

 

Promoter

Not an easy side-hustle, but it will change you. Who are promoters? They’re the younglings who hand you flyers on the streets, want to convince you to sign up for a charity or to come join them to some discounted party. It’s a hard job because you basically get 100 rejections a day. People will ignore you, treat you like dirt and you’re paid very little. But the skills make it worth it.

Skills acquired: Being rejected that many a times makes you totally immune. Ok maybe not quite, but you learn how to deal with rejection and how to accept it. At the beginning you might get a little discouraged, but you slowly start to learn how people react to different things. You really force yourself out of your comfort zone and try to convince the stranger to join your party. These kind of situations give you amazing interpersonal and communication skills.

In Barcelona I worked as a party promoter, trying to get people to sign up and go clubbing with me (it’s not as dodgy as it sounds). It was so hard at the beginning. I was a shy 18 year old who had to morph into an extroverted, organised and exciting leader (try managing 30 drunk people into clubs). I learnt how to talk to strangers, how to start conversations and how to get people excited and join the list. Good times.

 

Me practicing my interpersonal skills (photo: runningmagazine.ca)

Blogging and the online Freelance world

Of course I had to add this one. However, different to others, I don’t have a blog post on ‘How to start a blog’ with Bluehost affiliate links (sorry I’m using something else).

Blogging is a great skill building job for university students. You get to work when you want and how you want, which is effectively the beginnings of a business. Yes, you probably won’t see the cash returns immediately, but if you start blogging in first year of university, you’ll definitely be earning money by the time you graduate (and it’s doing something you love!).

This also applies to freelance work, whether it’s writing, programming or even virtual assisting, you’ll be earning money doing something that can easily fit round your university schedule.

Skills acquired: Working with clients and managing your own ‘business’. Both freelancing and blogging involve hard work and a lot of hustling. You learn how to discipline yourself, how to work with clients and most important of all, how to sell yourself.

One of my current side-hustles is blogging (surprise, surprise), and I have to say it’s my favourite so far. I love writing and I love finance, so it’s a great combo.

 

 

Building a network

This isn’t exactly a job, but boy will it pay off! You don’t realise the importance of having a good network until an amazing opportunity lands on your lap literally just from knowing someone.

Networking means building connections and friends to open up as many doors as possible. And university is THE place to get started with networking. You have clubs, sororities, societies, conferences, lectures, etc. It’s much easier in university to go out there and meet people, simply because universities know how important networking is. Now is your time to get started.

Skills acquired: AMAZING people skills. You learn how to be interested in people, how to make them notice you and how to keep the connection. If you’re shy, networking is a great way to slowly get out of your comfort zone. Think that many people at these clubs and meetups are just like you: trying to meet people and make friends.

I was quite scared at first. On my gap year, I didn’t have university to help me make connections, so I went to social events on Meetup. At first I went with friends, so it made the process a bit easier. But honestly, it wasn’t until I went completely on my own that I really put in practice my ‘people skills’. These events taught me how to approach strangers, how to start conversations and how to really make a networking connection. Another very valuable skill.

the student version of networking

 

All of these jobs have given me great skills and valuable opportunities. The number one lesson I learned was: you really have to put yourself out there. Want to earn money doing something you love? Work for it, look for opportunities. Scared of meeting new people? Make a job out of it. If you constantly want to improve yourself and your skills, you need to go out there and get out your comfort zone. Studying at university is a journey and a challenge, so make the most of it!

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Financially Mint is on another break! ☕ I will Financially Mint is on another break! ☕
I will be living in Kuala Lumpur, Malaysia for the next few months, and then hopefully heading to Australia. 
My plans for the next year:
I'm putting the career testing theory into practice. My next career test is working for an NGO here in Kuala Lumpur. This week will be my first week. I will be working with sex trafficking survivors and I've also been asked to do some financial education presentations to help the staff.
After that the plan is to move to Melbourne, Australia, and do my next career test: consulting. If that doesn't work out I will try another career test which may be more achievable: business development in a startup. Thanks to the amazing career books that I've read, I'm pretty confident I can get an interesting job. We'll see how it rolls. 🏀
How am I funding this? I'm very excited to say that I've managed to grow my part-time freelancing income to a full-time income that can sustain me in South East Asia (I would need to work full-time in Europe). I'm calling myself a 'Freelance FinTech Writer'. Rent is crazy cheap (like 300€/month) and it's literally cheaper to eat out than cook. I'm still able to save 15% of my income. 🎉🎉 The increase in clients and pay has been thanks to all the effort I put into Financially Mint, and to some crazy cold emailing and networking in the past few months. 
After some thought, I concluded that learning mark-up language (HTML + CSS) was a more efficient use of my time than writing blog posts and working on FM... so I am now taking a break to learn some basic coding and decide what to do next.
I will still be podcasting and taking part in the FI community on Twitter and everywhere else... so I'll still be seeing you around 😉
To our success 🎉🎉
Only 30% of jobs are posted online. 🙄 Let's sa Only 30% of jobs are posted online. 🙄
Let's say you've got a list of career paths to test. You've figured out a direction, you know which sector you want to work in and you've got some cool companies in mind.
But then what? How do you get an internship in the company you really want to work for? How do you get a job in that specific NGO? How do you get them to notice you? 🤔
In FM's latest post I share a strategy that I am still testing but seems to work - copied from a book titled 'Designing your Life' by Bill Burnett and Dave Evans:
The strategy: Conducting 'Life Design' Interviews. .
A Life Design Interview is basically meeting the person that has your 'dream career' for coffee. ☕
You find someone who is working at the company you want to work for, in the sector you want to work for or simply has a position you're interested in, and you reach out to them (LinkedIn helps). You ask about their story, their position, how they got to where they are and their advice to people starting out. 
This is what I've been doing for the past month in Edinburgh, and of the 40 people I contacted, I met 8 of them for coffee, my goal to simply learn about their story.
With an added bonus: Trust. ✅
Not only did I learn stuff about working in a startup, or as a content writer or working in an NGO, but I also built a trusted connection. It's those connections that help you find the hidden jobs, the dream careers and the best opportunities.
Check out FM's latest post for a proper run down on Life Design interviews. 💪 (Last week we organised the FI Europe podcast retreat! An amazing 4 days doing speeches, masterminds, debates, boat trips, beach and surfing. Post on this coming soon 🔥)
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #careerbuilding #skillbuilding #career #selfimprovement #inspiring #fieurope #lifedesign #interviews
Investing in yourself now will return bucket loads Investing in yourself now will return bucket loads in the future. 🔮
I talk a lot about this on Financially Mint - how taking the time to build career capital and explore career paths will allow you to find a career of best personal fit, which will then make you the money you need.
But it is true that I am personally at the very start of this journey, and so can't offer many examples of this working. 🤷‍♀️ Well today, this changes as I interview the Financial Gladiator, who did exactly that.
He went to university to study business in Poland, and finished his masters in Australia. In the meantime, he was doing internships, making connections, building skills and beefing up his portfolio. 
He says it himself: ' I always looked to add experience and skills to my repertoire rather than dollars' 💸.
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7 internships later in several different countries and industries and a lot of hustling, moving around and learning about what career fitted him best, FG ended up in a job that paid him a six figure salary. This kept on snowballing, and in his early thirties he hit a salary of over $500,000. .
That goes to show how much investing in yourself can return in the future.
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$500,000 annual salary doesn't need to be your goal, but it still goes to show that you'll make the bulk of your money after investing in your own career. 📈
A great interview filled with actionable career advice and FG's complete story, check out FM's latest blog post! (Edinburgh castle 🔥)
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #studentmoney #studenthacks #studentlife #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #careerbuilding #skillbuilding #career #selfimprovement #inspiring #work
Most of us don't know what we want to do in our tw Most of us don't know what we want to do in our twenties 🤷‍♀️. And that's absolutely normal.
But that's why we don't want to be committing to one thing - who know what you might want to do in 5 years? 🧐
Instead of committing, why not be exploring, investigating and testing career paths. But how can you do this cleverly without being a typical 'millennial-career-hopper'? By building career capital at the same time.
This means that every career test you do will help you build skills, connections and a more solid portfolio. If you have no idea where to start, here are some examples of jobs/activities that can help you build career capital:
1. Working for a growing organisation with a growing performance: this could be consulting, a startup - anywhere with a good mentor and team 👨‍👩‍👧‍👦
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2. Graduate studies - for those who want to work in research, a think tank, etc.
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3. Building a valuable and transferable skill - skills such as writing, programming, designing, data science, etc will always be useful in the future 💻
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4. Creating content - you don't always need a shiny piece of paper or a medal to show that you've done something. Creating your own thing can be just as useful.
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And much more amazing career advice... in FM's latest blog post 🤓
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(I’m running out of pictures to post so here’s one of a beautiful evening in Edinburgh) .
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#financiallymint #budget #budgeting #personalfinance #savinghacks #makemoney #savemoney #money #studentmoney #studenthacks #studentlife #shoestringbudget #moneyhacks #moneysavinghacks #financialeducation #financialfreedom #adulting #savingtricks #earnmoney #lifeadvice #counsel #careeradvice #retirement #investing #peoplemanagement #skillbuilding #career #selfimprovement #inspiring #work
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