College is a great time to start a side hustle, and the pandemic — which resulted in lost internships and jobs — made exploring money-making options now even more important for students.
In 2021, one in three Americans had a side hustle, according to a recent survey by workflow automation platform Zapier. And among the millions still “hustling” by 2022, Side Hustle Nation found that 24% were between the ages of 18 and 24.
A side hustle can be anything, like tutoring, being an Uber or Lyft driver, selling clothing, testing products or being a virtual assistant.
Recent UC Berkeley graduate Kiana Kazemi, who majored in data science with an emphasis in environment, resource management and society, co-founded her business Circularity during the height of the Covid-19 pandemic. The multimedia platform, which includes a social media presence, published resources, workshops and a mobile application (coming soon, she says), is dedicated to helping people tackle “eco-anxiety,” or a fear of environmental doom.
Kiana Kazemi is a spring 2022 graduate from UC Berkeley and co-founder of the multimedia platform Circularity.
Source: Moe Sumino
“There are many ways to make money,” Kazemi said. But working on something that she saw a need for in the world provided “motivation in a lot of difficult moments.”
Now, with a team of six part-time workers including engineers, researchers and designers, Kazemi’s side hustle is on its way to one day becoming a main hustle.
And, according to financial advisor Winnie Sun, Kazemi is going about it the right way: Start a side hustle that you are passionate about and dedicated to being the best at.
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Sun is a member of CNBC’s Financial Advisor Council, a founding partner of Sun Group Wealth Partners and a lifelong entrepreneur. At seven years old, she sold avocados in her front yard, and in high school she started a tutoring service that paid for her first year of college. Sun even founded a television audience consulting company while studying full time at UCLA, signing hit shows like “America’s Funniest Home Videos” and “Jeopardy,” recruiting thousands of people each week and selling that business by age 24.
“Entrepreneurship is the new job security for, I used to say my generation, but now I believe it is for [Generation Z],” said Sophia Bera Daigle, a second CNBC Financial Advisor Council member, who calls Gen Zers “young” and “scrappy.” It has become easier than ever in the 21st century to forgo …….