As we’re moving towards the futuristic world, we can understand that technology is growing rapidly. Appropriately using the technology could be effective. Using the AI tools or developing these tools is worth bringing yourself fit in this industry. If you’re a data scientist and want to earn more as a side hustle, then you’re at the right platform. Today, we’ll be seeing different ways of earning money being a data scientist.Â
In the changing market, as the prices are increasing and you require a supplemental income to fulfil needs, you can opt for the various methods discussed below if you’re a data scientist.
- Freelancing: This method, you might already know, as you can opt for different projects being a freelancer. There are various companies hiring freelancers on a project basis for a Data Scientist. Being a freelancer has multiple benefits, as there’ll be time flexibility and you will be your own boss. You can find multiple freelance gigs on different platforms that include Toptal, Fiverr, LinkedIn, Upwork, etc. Using these platforms, you build your profile and add your past experiences with projects. Once people look into your portfolio, you’ll start getting the projects. It’ll be helpful for your profile as well if you work as a freelancer. You work on different types of projects that will improve your skillset, and you’ll be versatile as well.
- Technical Writing: One of the best methods that you can use to earn passive income along with your job. If you have a technical background, then it would be good to choose. There are various applications available that pay you well if you publish good articles, and people tend to read your blogs. Having a good audience on these platforms grows your income accordingly. Some of the platforms that you can use are Medium, Substack, and many more.
- Creating dashboards and reports using data: If you’re good with the dashboard creation tools that include Tableau and Power BI, then you can use them as a side hustle for creating dashboards for different businesses. As we know, dashboards are better for visualisation of the data and tracking the organisation’s growing matrix. Based on the data, it’s easy for any organisation to answer the decision-making questions quickly.Â
- Providing online training and career guidance sessions: You might be surprised by the number of people taking sessions, as there’s a huge number of people taking training. This could be one of the best options as a side hustle. You have to show your online presence with the experiences so that people can reach out to you. Not only can you use different online platforms where you can create your online sessions that including Teachable, Udemy, and Skillshare, etc. These online courses could be related to the basics of Python, data analysis using Python, and many more.Â
- Market Research using Data analysis: There are ample opportunities that different businesses are providing as they need to look out for the market analysis for a better understanding. You can serve them with data analysis services that can help the company increase its business. With the help of the analysis, they can figure out what exactly is in demand and what to serve for better results.
Skills to learn as a freelancer to succeed as a Data Analyst:
Wondering what can be learnt to be successful as a Data Analyst to earn money as a side hustle. You can go through the essential skills mentioned below:Â
- Technical Skills: You can start with several skills that can be learned at the basic level to start with. These skills include Excel, Python, SQL, and Power BI.Â
- Communication: Soft skills are crucial if you’re seeking freelance work from home prospects. You can acquire communication skills that will facilitate your interactions with clients.
- Logical and problem-solving skills: once you have the projects, it becomes important to finish them in time. Learning logical and problem-solving skills could be helpful. These skills can save a lot of time building a logic or an algorithm for a project.Â
- To be updated with the technology, it becomes important for a freelancer to be updated with the technology. You can learn about the upcoming new technologies that can help you get a lot of projects, as they would be in higher demand. Most people don’t focus on this as a freelancer, and they lag in getting the right projects.Â
Where to find the projects for a side hustle?
Well, talking about the right platform to find the projects as a side hustle related to Data Analytics could be time-consuming and a bit difficult. Talking frankly, it’s not easy nowadays to get highly paid projects easily. But I’ve mentioned some of the platforms that can be explored to understand how it works, and you can find some projects for yourself as well.Â
- Freelancing websites: To start with the side hustle as a beginner, you can look out for different platforms such as Fiverr, Upwork, and Freelancer. Apart from these, there are other useful websites available, and not just these; you can also get free resources that can help you complete your projects quickly.Â
- Building the right Network: to grab more projects, you can go for building the Network by opening and creating your profile on LinkedIn and connecting with others, you can also join Kaggle and Reddit’s Data Analytics groups. Apart from these, you can search for the local business that needs Data analytics or Data Science services.Â
On the contrary, getting the right projects related to Data science or Data analytics could be easy. But it needs a lot of effort and hard work to create an extra source of income. As a side hustle, it’s a great thing to do as it’ll also improve your skillset. You work diversely with different projects that can help you as well, not just with the income but also with skill growth. There are various platforms that you can explore, and you can also learn the basics to start earning.
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