Handbook to Nursing Side Hustles

Nurses are fortunate to have a career with a generally great salary and benefits. Nursing is also said to be least impacted by rising inflation since the demand for nursing is on the rise just the same. Numerous nursing opportunities are available, catering to every preference and work style. You can find well-paying jobs for every type of nurse, whether you are relaxed, workaholic, or seek flexibility. If you aim for the big bucks, there are always travel nursing or crisis response positions that take your pay to the next level.

Since earning an extra dime is rarely something we mind, many nurses still take a step toward greater financial freedom by doing side hustles for an additional source of income. Like everything in life, it has its fair share of pros and cons, and it’s certainly not made for everyone. If you love easy, scheduled, or relaxed, you’ll probably stay put. But if you have the extra energy, enjoy exploring new stuff, have a creative flair, or simply want to earn additional income, the good news is that nurses possess many transferable skills you can tap into to produce extra dollars. If you are wondering how to turn ideas into a reality, we’ve got you set with a detailed guide on starting with profitable side hustles!

Step 1: Get set on your Side Hustle idea

When deciding on a side hustle, you need more than an idea. Setting clear goals and understanding your motivations is crucial to finding the right opportunity. Consider whether you want to pursue a side hustle as a potential full-fledged business or aim for something simple that generates additional income with minimal effort and investment. Be realistic about the time you can dedicate to your side hustle and thoroughly research the required resources. Successful side hustles often stem from activities you genuinely enjoy doing. Reflect on your skills and passions to identify potential business ideas that align with your strengths.

Need Side Hustle Inspiration? Here are Some Popular Side hustle ideas!

Sell Your Scrubs and Nurse Gear

Many nurses have a collection of scrubs, jackets, books, and equipment they no longer need. Instead of letting these items gather dust, consider selling them to earn extra money. Selling gently used nursing gear helps declutter your home and allows other healthcare professionals to save money. Here’s how to make the most out of selling your items:

• Use preferred platforms like eBay, Poshmark, Mercari, or Facebook Marketplace.
• -Research similar items to determine competitive pricing
• -Consider the condition, brand, and demand for your items
• Take clear photos in natural light from multiple angles
• Write detailed descriptions, including brand, size, color, and condition
• Be honest about any signs of wear or defects
• -Respond promptly to inquiries for better buyer communication

Rent your home or spare room on Airbnb.

Do you have a spare bedroom, garage, or storage room? Renting out your space on ARBN or Furnished Finder can be a substantial source of additional income.

‍How to get started today:

• Provide details about your space, its location, and its size.
• You can list your area on the website for no charge.
• Choose your preferred hosting method
• After your listing goes live, guests can begin reaching out to you.

You will receive your payment within one day of a guest’s arrival at your property. Numerous individuals worldwide make their primary source of income simply by renting out their additional space every month.

Become a Nurse Influencer

To become a nurse influencer, you can start by establishing a solid presence on social media platforms where you can share your knowledge, experiences, and insights about the nursing profession. An influencer does not need to be known on a large scale, such as a major celebrity, to make money. Many companies prefer to work with nano-influencers who have 1-5k followers and can target their specific audience to boost their brand.

How to become a Nurse influencer:

• Start on Social Media Platforms such as Instagram, TikTok, YouTube, Facebook or Twitter.
• It’s important to publish high-quality content consistently your followers can count on.
• Distinguish yourself by sharing your own thoughts and being authentic.
• Interact with your audience by responding to comments and engaging with direct messages.
• As you build your influence, connecting with other influencers in your industry can help expand your audience. Engage with their content by commenting and sharing regularly. You can also approach influencers for private collaborations.
• Once you gain a fellowship, you can set up your own website, newsletters, and blog.

How to Market yourself as a brand ambassador

As you build a significant following, you become an attractive prospect for brands. At this point, you can contact brands directly via email or social media to propose a partnership. It might be surprising, but contacting brands by phone and expressing your interest in collaborating is still most effective.

Creating a free profile on sites like collabstr.com https://collabstr.com/creator lets you showcase your skills and connect with potential collaborators. The exposure may help generate leads for profit.

Join Affiliate Programs

You can join affiliate programs and earn a commission for every sale or lead generated through your unique affiliate link. To start with affiliate marketing, you can begin by researching and identifying reputable affiliate programs that align with your niche or audience.

Some great programs would include:

Some popular brands with good affiliate programs include Amazon, eBay, Target, Best Buy, and Shopify. Many travel and lifestyle brands will also boast phenomenal opportunities.

Dollars with Direct Sales

Direct Sales programs are one of the easiest ways of starting a business with minimal to no investment. If you have the delicate touch for makeup, beauty, or wellness, there are many lucrative options. While affiliate programs typically offer a 5% commission, direct sales companies like Mary Kay can provide commissions close to 50%, along with the ability to build a team for additional earnings. You can participate in multiple programs to boost your income!

The Most Paying Opportunities Include:

• Mary Kay: A cosmetics company known for its skincare and beauty products.
• Avon: Renowned beauty and cosmetics company with a diverse product range.
• Arbonne: Specializes in natural and botanical-based beauty and wellness products emphasizing sustainability and healthy living.
• Scentsy: Known for flameless candles, wax warmers, essential oils, and home fragrance solutions.
• Beachbody: Offers fitness and nutrition programs, supplements, and meal plans designed to support wellness goals.
• Herbalife: Global nutrition and weight management company providing protein shakes, snacks, and supplements for a healthy lifestyle and weight management.

Create your own

Thought of something needed in your community? Take your entrepreneurial spirit and go after your calling, most successful businesses started this way!

Now that you have your idea, let’s go on to the next steps!

Step 2: File for your Employer Identification Number

To do business efficiently and to enable you to get paid and pay taxes, you will need an Employer Identification Number (EIN). An EIN is like a social security number for your business, and it’s important for tax purposes and establishing business credit. For starters, you can apply for an EIN for sole proprietors. Setting up an EIN is a simple process that can be done online for free. Here are the steps to set up an EIN:

• Go to the official IRS website. https://sa.www4.irs.gov/modiein/individual/index.jsp
• Access the “Apply for an Employer Identification Number (EIN) Online” tool.
• Choose the entity type and fill out the online application.
• Review and apply.
• Obtain your EIN immediately upon submission.

Step 3: Sign up for business banking and credit cards

As a business owner, it’s crucial to stay on top of your spending and keep a close eye on your income and expenses. Consider signing up for a business bank account and credit cards. Business credit cards offer increased credit limits and come with significantly higher benefits than personal credit cards.

The Winning Credit Card for New Business:

The Chase Ink Business Unlimited is an excellent choice for new businesses. It comes with no annual fees and a 0% intro APR on purchases for the first 12 months, providing flexibility in managing your expenses. Besides the initial bonus of $750 you can earn when opening the card, it offers unlimited Cashback on all purchases without any hidden prints. However, you will need a decent credit score to be approved for this card.

About the Ink Business Unlimited Credit Card

Cash Bonus: Earn $750 Bonus Cash Back!

After you spend $6,000 on purchases in the first 3 months after account opening.

Annual Fee: $0

Intro APR: 0% intro APR on Purchases for 12 months

Cash Back Rewards: Unlimited 1.5% cash back on every business purchase with no limits to your earnings.