Scorecard

At Honest Hustles we don't just talk shit, we talk shit and stand by it (most of the time). So with that in mind we developed a scorecard to test the side hustles we investigate. Where a score is semi-subjective or has considerations, we will do our best to point them out so you can keep them in mind while deciding if the hustle is worth your time.

Our scorecard includes three categores: Accessibility, Efficiency and Profitability. Each category has three sub-categories worth 5 points each, for a total of 15 points per category and 45 in total. Where money is cited assume this is Australian Dollars.

The section titled 'Frustrations' has more variance in the score given. This is because frustrations can be big or small, numerous or few. For example a minor frustration in set up could be a sign up paging glitching and requiring to be filled in twice, only a minor frustration but may score a 4 for issues in set up. A major frustration could be the sign up page glitching, not being able to sign up and having to contact support to create an account, a process taking multiple days. This is a huge frustration, but it would seem unfair to score it a 4 also as it is a bigger frustration than just having to reenter data an additional time.

• Accessibility /15
  • Upfront Cost /5
    • 5 = Costs nothing to start, 4 = $1-$10, 3 = $10=$49, 2 = $50-$99, 1 = $100-$499, 0 = $500+
  • Skill requirements /5
    • 5 = Can start with no knowledge, 4 = Can pick up in an afternoon, 3 = Can pick up in a weekend, 2 = Limited knowledge of subject required, 1 = Moderate knowledge of subject required, 0 = Need to be an expert in a subject
  • Constraints /5
    • 5 = Can be done from anywhere in the world with no checks, 4 = Only available to certain regions (i.e. North America, Asia etc.), 3 = Phone number or Facebook/Google account required, 2 = Only available to certain countries (i.e. Australia, Canada etc.), 1 = Phone number and Facebook/Google account required, 0 = ID verification required (i.e. driver's license or passport)
• Efficiency /15
  • Effort /5
    • 5 = Only setup required then runs passively, 4 = 10 minutes or under a day, 3 = 30 minutes or under a day, 2 = 1 hour or under a day, 1 = Over 2 hours a day, 0 = Full time job
  • Frustrations /5
    • 5-4 = No issues with setup or making money, 3-2 = Issues with setup but not making money, 1 = No issues with setup but issues making money, 0 = Issues with setup and making money
  • Flexibility /5
    • 5 = Can be done from any device and able to start/stop, 4 = Can be done from any device but in one sitting, 3 = Has to be done on a specific device (i.e. mobile phone or desktop PC) and able to start/stop, 2 = Has to be done on a specific device (i.e. mobile phone or desktop PC) in one sitting, 1 = Requires specific equipment but no monitoring, 0 = Requires specific equipment and needs to be monitored
• Profitability /15
  • Hourly rate /5
    • 5 = $30 per hour (above minimum wage in Australia), 4 = $26.44 per hour (minimum wage in Australia), 3 = $15 or less per hour, 2 = $10 or less per hour, 1 = $5 or less per hour, 0 = $1 or less per hour
  • Reliability /5
    • 5 = No issues with having money transferred, transferred the next day, 4 = No issues with having money transferred, transferred within 2-6 days, 3 = Only able to cash out in gift cards or transfer/cash out took 7 days, 2 = Money transfer or gift card cash out took between one and two weeks, 1 = Transfer or gift card cash out took a month or more, 0 = Wasn’t able to cash out or make money
  • Growth /5
    • 5 = Unlimited growth potential/ongoing opportunities to make money, 4 = Ongoing opportunities but only at a limited rate (i.e. caps out at $100 per month), 3 = Limited opportunities but no cap (i.e. 2 jobs a month but no cap on earnings), 2 = Limited opportunities and large cap (i.e. 1 or 2 jobs a month with an earning cap of $500 per month), 1 = Limited opportunities and limited earnings (i.e. 1 or 2 jobs a month at $50 per job), 0 = Limited market/only one or two opportunities to make money