Do you want to turn your medical expertise into money? Side hustles are a great way to make extra cash while managing your on-site job.
Although medical professionals earn pretty well globally, most have a lot of student debt to pay off. In this rising inflation, getting rid of these loans seems far-fetched. So, here is an easy way out: make extra income through a profitable side gig.
Side hustles not only make you financially independent but also keep you on top of your professional life. Some easy yet lucrative options include posting YouTube videos, starting a blog, freelance copywriting, real estate investment, and more.
The best part?! You can make a great deal of money with these side gigs by spending only 2 to 3 hours daily. Sounds great? Let’s check out 6 side hustles for medical professionals that can help you keep your boat afloat!
1. Build a YouTube Community
In this digital era, it will be a smart move to start your money-making journey through social networking platforms like YouTube. You might have seen social media influencers posting their daily YouTube vlogs, earning thousands of dollars daily.
So, what’s stopping you from creating your own YouTube channel? It will help you build an online community where you can share informative videos about different health issues to create awareness. It could be:
- Do’s and don’ts in varying health conditions
- Signs and symptoms to look for
- Treatments you think are best for specific issues
- Q&A sessions
- Product reviews, etc.
However, your success depends on how well people take your YouTube videos. For that, you should consider the viewers’ preferences for a video’s length. While it varies from person to person, the average attention span lies between the 3 to 6-minute range. So, keep your videos between 10 to 15 minutes.
Another thing to consider is the fun element. While medical-related info may be exciting for you, a layman usually gets bored comprehending those complicated terms. So, why not make your YouTube videos entertaining as well?
A great example of such a YouTube channel is “Doctor ER,” owned by Jordan Wagner — a New York-based emergency room doctor. He posts reaction videos to funny clips, answering different health-related questions in an entertaining way.
Dr. Wagner also gives useful tips and self-help instructions. With thousands of views on each video, he surely makes a lot of money every month. Indeed, one of the most interesting and fun side hustles for medical professionals!
A bonus point: a YouTube channel also introduces prospects to your medical skills and expertise. As a result, your practice gets more exposure, helping you extend your clientele side by side.
1. Start a Blogging Website
Blogging is a great side hustle for people from different backgrounds, including medicine. All you have to do is create your website and post informative, well-researched blogs on it. Once your content gains enough traffic, you can monetize it to start making some extra money.
However, to be successful in this field, you must have a knack for creativity and storytelling. Your blogs must resonate with the reader, or they’re as useless as a product sitting idle on the shelf.
You can make this side hustle fun and profitable by adopting the right techniques. Here are some steps to help you out:
- First, identify your target audiences (people interested in your content)
- Find the topics your target audience searches the most
- Write a unique piece of content with no grammatical errors
- Incorporate your personal insights and recommendations into the blog
- Backup your medical claims through authentic studies
- Promote the blog on online platforms, such as social media (Facebook, Instagram, and Twitter) and networking platforms (LinkedIn)
- Monetize your blog through advertising, affiliate marketing, and launching your own health product line. Pure Encapsulation Discount Code 466760 for 10% off high-quality supplements https://patientdirect.pureencapsulationspro.com !
- An example of such a website is Dr. Chatterjee’s, an experienced medical practitioner who has worked in the field for nearly two decades. He has posted many blogs on his website, featuring the insights of many doctors and medical professionals.
Remember, making money through a blogging website requires consistency, hard work, and dedication. If you are up for all these things, your blogs will surely make a mark in no time!
1. Become a Remote Research Respondent
Ever heard of getting paid $700 an hour just for sharing your opinions? Yes, that sounds like a scam at first glance, but some research participant recruiting platforms do pay for such side hustles for medical professionals.
One great example is Respondent. Here is how the platform works:
- First, sign up on the platform and verify your credibility through your work email.
- The platform’s algorithm will assess your professional capabilities and send you a research study accordingly.
- The researchers will connect with you and ask you a few online questions. Answer them correctly to qualify as a participant in the project.
- You will be paid at the end of the project through PayPal.
The pay rate varies between $100 and $750 an hour, depending on your professional background.
Since medical professionals are busy 24/7, their time is quite valuable. So, you can expect to get paid well just for sharing your opinions and reviewing upcoming health-related products. We call it a win-win situation!
1. Try Medical Copywriting on Freelance Platforms
Don’t want to start your own blogging website? Try searching for medical copywriting jobs on freelance platforms to make extra cash at your convenience.
Copywriting is one of the highest-paid side hustles for medical professionals. These projects pay per word, hour, or article. Generally, you can expect to make around $50 to $350 for 1000 words, depending on how well you negotiate with the client.
Here are some places where you can find high-paying medical copywriting jobs:
Once you land a job as a copywriter, you will have to transform your medical knowledge into informative copies for websites. The client will transfer you the project pay if they are satisfied with your work.
1. Invest in Real Estate
Real estate investments work for everyone wanting to make passive income. After all, it is partly inflation- and recession-proof, posing only a few risks of loss.
As a medical practitioner, investing in real estate won’t be as hassle as dealing with patients the entire day. The builder will take care of everything, allowing you to focus on diversifying your income and building long-term wealth with a free mind.
In fact, many platforms allow people to buy shares of investments in properties and earn rental income from them. These include Arrived and Fundhomes.
Both these platforms let you begin your property investment journey with small amounts, ranging as low as $50 (Fundhomes) to $100 (Arrived Homes). It’s also a great option if your local real estate market is too expensive.
6. Start a Medical-Exclusive Podcast
If your long-lost dream is to become a public speaker, it’s still not too late to be one. You can start an online podcast, share your medical insights, and monetize it to make money. Undoubtedly, starting a podcast is one of the most lucrative side hustles for medical professionals.
A podcast will help you create an online presence in the global market. You can’t only connect with common people, but also with other doctors and experts. This will assist you in building worldwide connections, leading to exciting job opportunities.
You can take inspiration from Dr. Nii Darko’s Docs Outside the Box podcast series. He targets a very attractive niche, “earning and investing for medical professionals,” which not many people discuss.
With more than 1M+ downloads on 250+ podcast episodes, Dr. Darko would have definitely made a lot for himself as well!
Conclusion
Side gigs are the best way to increase wealth while doing what you love the most. For the above 6 side hustles, you don’t have to spend extra effort or resources since you’re just getting paid for your knowledge and opinions. Something that you already have!
So, whether you want to become a copywriter, YouTuber, or real estate investor, you’re free to try different things and see what works for you. Consider the sky as your limit!
