Side Hustle Investments To Boost Your Earnings For Life





If you still rely on just one means of earning money, then you are very wrong and prone to having financial crisis. You don't really have to save for the rainy day, what you should do is to invest against the rainy day and that's exactly what side hustle is meant for.
Before we go into the real type of side hustle, let's talk about what side hustle actually means.
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What is side hustle?
Colloquially, side hustle could be legal or illegal, therefore it has no precise definition. It's just a concept used by money seekers to describe a secondary work performed in supplementary to their primary or official work. Based on this, it can be said that there is no generally accepted definition of the concept "side hustle". So if you are already into a job that doesn't pay you well or help you meet your desired financial standards, here is a working side hustle plan that you can do to earn extra bucks and possibly turn it from a side hustle work to a real hustle.

Game programming investment
If you are not a programmer, you don't need to skip this part because you don't necessarily need any programming skill to use this option as a side hustle.

Let me give you an instance of an entrepreneur "Trey Smith" founder of Buildbox. He hired a developer (who happens to be the current CTO of Buildbox) and started working on a new game. His idea was simple and strategic, all he did was to look for a competitor's game, find the unmet gaps in that competitor's game and improve his own newly made game upon that of her competitors. A few months later he came up with a game called Jump Pack which cost Trey Smith $5000 investment in total but eventually converted to $120,000 return on investment within a short period of time. Trey Smith's side hustle became a real hustle with over 60,000,000 downloads and now, Buildbox is worth over $16,000,000.




So how do you go about making games for a side hustle? 

It's simple, just sign up with any freelancing network or site, place your ads and request for a good programmer who is good at making games. Negotiate and agree on a price, however, its is important you know that after the game must have been made, you may still need to spend little bucks on advertising and proper SEO, but keep it in mind that after the initial spending, and you start getting downloads, you won't have to spend much on anything again. Even if you are required to do some upgrades, you would have started earning good amount of money from the game software that will be enough to maintain its standards on the app stores.

Where can I get a good programmer?

There are many outsourcing sites online where you can get good freelancers to do your programming works. However, it is not advisable to engage with programmers that you met on a community forum or through the social media. The best places to get proficient games and software programmers are
1. Guru.com
2. Fiverr.com
3. Freelancer.com

How much will it cost to hire a programmer?
Well, its all depends on the type of game you want, the type of programmer you are dealing with, and your ability to negotiate well as an investor. But game programming could cost between the range of $50 to $10,000

How to monetize a game?
Basically, there are two ways in which you can monetize mobile games. First is by placing ads on the game by registering as a publisher with ads companies like Google Adsense, media.net, Infolinks etc. The second method is by doing a premium version of the game that won't contain any form of ads but will require the game users to pay for downloads. Whichever way you choose will surely pay off in the long run.

In conclusion, before you engage in any kind of side hustle, make sure that you are sure of it and you understand the market status quo of that side hustle. Failure to do this might get you spending more than you should spend and you may end up giving up the side hustle for something else after losing your initial startups. Don't forget to click the share buttons after reading.



Side Hustle Investments To Boost Your Earnings For Life Side Hustle Investments To Boost Your Earnings For Life Reviewed by sidex Jay on September 21, 2017 Rating: 5

10 comments:

  1. Ok, you got me, I think I give it a try since we had an idea for a game to build

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  2. very interesting article keep it up :)

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  3. Great point. I like to tell everyone I have my hands in too many cookie jars hahaha

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  4. I like the points you raised, I suppose the game programmer example could be applied to pretty much anything.

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  5. i was trying to monetize my game i didnt know and now after reading this, i know it, thank you for sharing!

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  6. informative article keep it up

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  7. This is a really good hustle investment, nice article. there are nice informations for those who wants to vendure in this kind of investment in life that can really earn a lot of money

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