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Amy Coulston: From Full-Time Employee to Side Hustle Superstar

Introduction

In a remarkable career pivot, an Australian woman named Amy Coulston made the bold decision to leave her full-time administrative job to dedicate her energy to various side hustles. What began as a search for supplemental income has blossomed into a lucrative venture that has the potential to reshape her financial future.

The Tipping Point

Before her leap into full-time side hustles, Amy was comfortably earning a stable wage in her admin position. However, as she explored different projects and gigs in mid-last year, she gradually realized the financial opportunities that were available. In a conversation with Yahoo Finance, she recounted her journey: "When I started making nearly double from social media and side hustles than I was at my full-time job, it just didn’t really make sense to spend more time working at that job," she explained, underscoring the eye-opening realization that prompted her departure.

Initial Success

Just before the end of October, Amy officially resigned, and many awaited the results of her newfound focus on side hustles. Surprisingly, despite being away on two trips for about ten days, she managed to rake in an impressive $10,800 for the month of October. Projecting these earnings over the year, she could potentially make nearly $130,000—significantly higher than the average Australian wage of $100,016 and nearly double the median salary of $67,600.

Earnings From Side Hustles

Last financial year alone, Amy reported earning $72,000 from her side hustles, all while still managing a full-time job. What’s even more fascinating is that she could work from virtually anywhere, allowing for flexibility and travel, a refreshing change from conventional office work.

A Growing Trend

The rise of side hustles is supported by recent figures from the Australian Bureau of Statistics, indicating that approximately 961,400 individuals are now juggling multiple jobs throughout the nation. Particularly appealing to younger generations, the desire for side income is notable; 51% of those under 25 and 49% of individuals aged 35-44 are eager to start their own side gigs, according to findings by Small Business Loans Australia.

Daily Hustle Routine

For Amy, each day is distinct as she navigates her side projects. Tasks such as mystery shopping and participating in market research calls often require planning and advance bookings. However, she makes time for spontaneous opportunities like user testing, which can occur daily. "I usually dedicate either time in the morning or the afternoon to just smash out a few of those," she shared.

Earnings Strategy

Shifting gears, Amy disclosed her routine in managing her time with side hustles. Depending on the project, her daily commitment could span anywhere from a few hours to over ten on busier days. Yet, even with this heavy focus, she sometimes finds it hard to step away from work when enticing opportunities arise.

Setting Ambitious Goals

Amy’s ambitions don’t stop at her current earnings; she aims to achieve $15,000 monthly, which would amount to a staggering $180,000 annually. Acknowledging the plethora of side hustles available, she has meticulously honed her focus to about eight specific projects to maximize her productivity.

Types of Side Hustles

1. User Testing: Testing products and websites for functionality.
2. Market Research: Engaging in consumer surveys and feedback sessions.
3. Surveys: Earning money by participating in various online surveys, which she often completes while watching TV.
4. Mystery Shopping: Offering feedback on customer service experiences.
5. Collecting Cans: Utilizing environmentally friendly initiatives for profit.
6. Affiliate Marketing: Earning commissions by promoting products.
7. Selling Digital Products: Creating and marketing online products for income.

“I think for the time you have to put in, market research is the most profitable,” Amy noted, sharing her preference for its ease and rewarding compensation.

Maximizing Revenue Streams

Amy actively utilizes multiple survey sites, adapting her strategy based on availability. For her, surveys often serve as a backup activity; if one site doesn’t offer lucrative opportunities, she simply shifts to another. In a personal challenge, she sought to earn $100 daily through beginner-friendly surveys, frequently achieving around $50.

Enjoyment in the Work

Mystery shopping has also captured Amy’s interest as it allows her to interact with the community while fulfilling her earning potential. From answering questions about store experiences to engaging with various merchants, she relishes the tasks and their rewards.

Conclusion: The Role of AI legalese decoder

As Amy navigates her diverse side hustle projects, understanding contracts and terms of service is paramount. This is where tools like AI legalese decoder can come into play. Designed to simplify legal jargon, the AI legalese decoder helps users like Amy comprehend the complexities of legal documents, ensuring that they make informed decisions and protect their interests. Whether they’re signing agreements for collaborative projects or understanding obligations for freelance gigs, having an AI-powered tool at her disposal could contribute to her ongoing success in this burgeoning gig economy.

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