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5 Ways Young Entrepreneurs Can Increase Their Income

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As a young entrepreneur, you’re always looking for new ways to make income through side hustles or a consistent business. With more people doing their business over the internet there are dozens of ways to start making an income online.

There are a lot of different ways to make money online but I’ll go over a few that I think have a high earning potential as well as being very passive. If you can put in the work upfront, these internet side hustles will continue to pay handsomely for years to come.

1. Invest In cryptocurrency

This is a great option if you already have some money saved up as you make quick profits by doing swing trades. That being said, trading is a skill and takes some time to learn and get really good at but can pay off handsomely if you know what you’re doing.

Don’t put all of your savings into it as some people did a few years ago as you never know what the market is going to do.

Even if you don’t know how to day trade long-term investing in crypto is still a solid strategy that can pay off down the road. Whichever strategy you use can still make you a lot of money in the long run.

2. Build a blog

Building a blog is one of the best ways to make passive income, it continues to make money well after it is built and is one of the best methods of passive income you can build. When you own a blog you can talk about whatever topic you want, whether it’s fitness and strength or home brewing coffee. Whatever it i,s you can provide your expertise and fill your site with some well-placed affiliate links to products that help your reader achieve their gold and you literally make money by helping people do what they love. For example, when you sell on both Shopify and Amazon, building blog on Shopify to encourage your audience to buy your products with several promotions from Amazon is necessary to boost sales.

“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett

3. Affiliate Marketing

Relating to the blog, affiliate advertising is when you advertise a company or someone else’s product and get a commission for it. This is a great way to start making some money if you don’t have your own product or service that you can offer.

You can use this method on your blog or email list if you use one and send offers for an affiliate product that adds value to your viewers/customers’ lives.

You can also make an email list where you put the links for affiliate products on your subscriber list and email it to your customers which is great for retention and keeping people coming back.

4. Dropshipping Products

This is a method that became popular in recent years, that requires you to have a little money saved up to start with, the potential for success is very high if you’re willing to put in the work.

If you have some money saved up, you could buy a domain site and some bulk inventory and start selling products hosted through a Shopify store. There are kids in high school that make some good money using this method.

If are wondering how to set up dropshipping to increase your income, feel free to check this guide on how to setup a drop shipping business quickly by Ecommerce-Platforms.

You can research trends and make a niche store that sells specific products and items that are entertaining or useful like coffee mugs or coffee-related items if you’re into coffee. The point is you can buy some cheap inventory in bulk and sell them for profit if your marketing skills are good this one is easy as pie.

5. One on one coaching

This method is good if you are knowledgeable or skilled in a certain area like health and fitness and you can charge a fee to help some achieve a certain result like get in better shape or make more money.

Whatever it is you can host this option to contact you on your own website or make a profile on a website like Fiverr or Upwork and charge a fee for helping your customers get the result they’re looking for.

This one has its drawbacks like it’s not as passive as some of the other methods on this list and has you rearranging your schedule to accommodate someone else’s. Assuming you have one or two of the other side hustles going mentioned on this list, it can be a great way to supplement your income with some extra money.

Harrison Deal is a blogger and online entrepreneur who enjoys sharing tips and information on succeeding in business and self-improvement. You can read my blog here at greennootropics.com Read this list on the ultimate guide to nootropics on the blog for free.

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Business

The Entrepreneur’s Reading List That Transforms Ideas Into Empires

These must-read titles and writing insights reveal how entrepreneurs turn bold ideas into empire-level success.

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top entrepreneurship books for business growth
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Entrepreneurship is powered by stories—of accomplishment, failure, and decision moments that define businesses. Books are maps, providing insight from individuals who’ve traversed the road ahead. (more…)

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Entrepreneurs

The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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Bridging the gap between employees and employers
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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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Entrepreneurs

What Makes an Entrepreneurial Leader? Traits of the World’s Best Innovators

Inside the mindset of entrepreneurial leaders who transform risk, passion, and vision into world-changing results.

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When you think of Richard Branson (Virgin Group), Bill Gates (Microsoft), Steve Jobs (Apple), Rupert Murdoch (News Corporation), and Ted Turner (CNN), one thing becomes clear: they are not just entrepreneurs, they are entrepreneurial leaders. (more…)

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Entrepreneurs

Building a Business Empire: Lessons from the World’s Boldest Entrepreneurs

Learn essential lessons, success strategies, and mindset shifts every aspiring entrepreneur needs to overcome challenges and build a thriving business.

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Back in July 2017, I attended a business seminar on entrepreneurship in India. With my appetite for learning and meeting new people, I wanted to explore the latest developments in the entrepreneurial world. (more…)

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