The clink of coins, the rustle of crisp currency notes, and a life full of luxury – those three things are what most people slog day and night for. They don’t say, “It’s all about the money, honey," for no reason, now, do they?
But when you’re stuck in the same old 9 to 5 for years, barely making ends meet with that meager income, accumulating wealth can seem like a far-fetched dream.
Sharon McCutcheon/Unsplash | Building wealth can be pretty challenging if you have a single source of income. A side hustle can help bring in extra money.
Well, the good news is that it doesn’t need to be just a dream with a side hustle anymore. Side hustles are great for everybody, and they can turn your life around, from ordering pizza at home to fine dining at the classiest places in town. And the cherry on the cake is you can grab those extra dollars without burning yourself out. Plus, there are literally a ton of options out there for gigs you can take on in your free time.
We know you’re pumped up and looking for inspiration. Here are a couple of tried-and-tested side hustles from celebs in the entertainment world to get you started. Yep, even with their hefty bank balances, they're game for more exploration. So, why shouldn’t you try out some ideas?!
Goop by Gwyneth Paltrow
Is there anything this woman can’t do? Keeping aside the fact that she’s a renowned actress, a loving mother, and a caring wife, Paltrow is also an entrepreneur. In 2008 she started Goop, a weekly lifestyle newsletter, and since then, she's worked hard to expand it into a full-fledged e-commerce business. Today, Goop is worth $250 million, and it's working in all sectors, from fashion to wellness.
Tip From the Expert!
Paltrow once said she was afraid of stepping into the wellness space for a side gig. But she believed in herself and gave it a shot, and everything just fell into place. Well, it looks like there's victory at the end of fear.
Gary Gershoff/Getty Images | You could enter the lifestyle and wellness space just like Gwyneth Paltrow
InBloom by Kate Hudson
The adage ‘to be the best, learn from the best’ perfectly suits Kate Hudson. Over the years, she’s built an empire out of multiple successful side gigs, including InBloom (a plant-based supplements venture), Fabletics (an athleisure line), and King St. Vodka (a Californian vodka brand). While all those are incredibly clever ideas, we’re totally in love in InBloom.
Tip From the Expert!
When asked about what motivated her to launch InBloom, Hudson said she was never a fan of taking pills. She always wanted to be in good shape but preferred using healthier products. When she found that healthier options were quite limited in the market, she decided to make some not just for herself but also for others like her. Necessity, indeed, is the mother of invention!
Honest Co. by Jessica Alba
Alba is a natural multitasker. Despite being busy with films, the actress finds time for her consumer goods business, Honest Co. She started the firm in partnership with Christopher Gavigan in 2012. Recently (May 2021), she made a fortune from the venture by going public. On the IPO's closing day, the shares of her company stood at $130 million.
Jason Merritt/Getty Images for Honest Co. | A Jessica Alba-inspired stint with consumer goods could also work wonders
Tip From the Expert!
Alba says social media platforms helped her a lot in marketing her business. They helped her connect with customers and also gave her an idea of their preferences. Don’t wise people always advocate using all available resources – technological or natural?
Now that you've got an idea of the spectrum of options available and a few handy tips, of course, could we see another startup launching soon?