In all honesty, no family can survive with any of the social grants in the current South African economy, yet the government still expects you to not have any type of additional income to qualify for the grants.
While we’re not encouraging you to start a business with the R370 SRD grant, because we know you need the money more, but it’s certainly possible to turn that dependency into a profitable passive income business.
We wanted to share something different, instead of always reminding you about the payment dates and so forth, today we want to inspire you to start something profitable to boost your income avenues.
So today, I wanted to show you profitable passive income ideas you can start today with little to no money, as an alternative to the SRD R370 grant benefit in South Africa.
Most importantly, this list is for hard-working individuals who want to change their lives for the better.
Let’s dive right in.
Start a Blog
Blogging is a great way to make money in South Africa, and you could start with just less than R60 per month to get going with your online business.
If you love writing content or have studied digital marketing, you might want to consider starting a blog and selling advertising space for your passive income.
Blogging requires a lot of effort to start seeing the results, but once you start earning money or passive income, you’ll enjoy the benefits for the longest time and also do less.
The only costs involved here will be to purchase a domain name and hosting for your website/blog. There are cheap shared hosting packages out there, some even cost R35.00 per month.
Then, ask the hosting company to install WordPress for you, it’s a free content management system that’s used globally around the world of the internet. Check out this tutorial on how to effectively use WordPress as a beginner.
As an alternative to the SRD R370 grant, you could potentially earn passive income over R5,000 per month with your blog, if you work hard on it with useful content.
Freelance Writing
Freelance writing can be a fulfilling and profitable side hustle.
It offers the flexibility to work on your terms and choose projects that interest you. However, it requires dedication, continuous skill development, and effective self-marketing.
With the right approach, it can be a valuable addition to your career and income to supplement the current SRD grant monthly benefit.
Here are the types of writing you can offer as a service:
- Content Writing: Writing blog posts, articles, and web content for other clients and businesses.
- Copywriting: Creating persuasive content for marketing and sales.
- Technical Writing: Producing manuals, FAQs, and other technical documents.
- Creative Writing: Storytelling, scriptwriting, or other creative projects.
- Academic Writing: Research papers, thesis work, or educational content.
You’ll just have to choose the type you’re most comfortable with and good at. You don’t need capital to get started with this freelancing job, just your laptop and access to the internet.
Finding Freelance Writing Work
- Freelance Platforms: Websites like Upwork, Freelancer, and Fiverr.
- Personal Networking: Utilizing personal networks and social media.
- Writing Job Boards: Sites like ProBlogger and JournalismJobs.com.
- Direct Outreach: Contacting businesses or publishers directly.
Companies out there prefer hiring consulting writers instead of onboarding a permanent employee, so with your professional services, you can make residual income with this gig.
CV Designing Services
How’s your CV design looking like, is it a basic and boring Microsoft Word document designed with ugly bordered tables?
Without a professionally designed CV, you have less chance of being considered for the job because first impressions, last forever with recruiters.
This is for good graphics designers who cannot find work and still depend on the SRD grant.
Start this business, learn more about the ATS systems that scan and shortlist candidates, and then help people with professional templates and possibly copywriting of the content on the CV.
Check out this company, Elite CV, they charge R3,999 for professional CV design and writing services.
But you’ll start small, offer this service to students in universities to test the market, and eventually, you’ll get to a point where you charge over R5,000 because you know and trust your work helps people get shortlisted for interviews.
Start here with these free CV templates and design more for the industry you’re going to focus on for the business as an alternative for the SRD R370 grant.
Hair Salon
If you have certain skills to work with hair and make other people look good, then you’re sitting on a potential gold mine that could make you a living.
You’ll need just under R250 to get started with this business for passive income to supplement your COVID-19 SRD R370 grant in South Africa.
The R250 capital will buy the tools to get you going such as needles, comps, hair cutting machines, hair sprays, and more than you can afford.
Open your doors for business and advertise on social media to invite customers to your new business.
And we’ll be adding more to this list every week with great ideas you can look to start with some of your R350 grant money.
Shoe Repair
Shoe repairing is another great passive income idea that does not require your full attendance at the business.
People come into your location and drop shoes to be repaired, which you can work on at your availability and have them ready for collection tomorrow or at the time agreed with the customer.
You can definitely start the business with under R370 capital to buy tools including shoe needles, glue, and cloth to repair the damaged shoes.
