Remember my earlier post about breakfast burritos? Making meals in advance is a great way to save money for yourself – but you can often prepare these for others as well and sell them for a markup. Prepare eight casseroles, for example, then sell six of them to cover your costs, and you’ve got two free dinners for your family (and maybe a bit more). You can grow this by taking orders from others and finding out what they like.
You can have your own store up in only a few minutes at eBay. To start, you must have a seller account, must be verified through PayPal. You are even able to give a detailed description of your store with a catchy design to attract customers. I have a friend who will buy all of the unused bras at a last chance type of store and resell them for a profit at her eBay store. Last I heard, she was doing $1,000/month in her first couple of months.
Everybody knows that finding (and landing) your dream job can be tough—especially when you've had the same position for a while and your resume is looking a little rusty. Before jumping in and becoming an expert resume writer, you'll have to learn how to write a resume on your own, and then practice by redoing resume's for your friends and co-workers. Next, you're ready to join a resume writers' association, continue establishing your credibility and you can eventually make your way into more hands-on career coaching opportunities.
Are you an extrovert that loves meeting new people? Selling insurance products—particularly life insurance—may be a great way to bring in some extra cash and build residual income in your spare time. Selling life insurance on the side could quickly generate a consistent $1,000 - $2,000 per month depending on how much time you invest in this side business idea. To get started you’ll likely want to take an online course to brush up on the subject matter, and then pass a state licensing exam. The biggest challenge you'll face as a new agent is generating sales beyond just helping out friends and family. From there, it’s all about networking and lead generation to grow this one. Learn more about this side business idea with this getting started in life insurance guide from the team over at NoExam.
Many gymnasiums will trade membership and often a bit more for a person willing and able to teach an exercise class. You can also find people who don’t want to go to a gym and train them at home as a personal trainer. If you’re in good shape, this is a great opportunity to earn some extra money, plus it can often lead to additional income with one-on-one instruction opportunities.
Aside from an attractive glossy cover, and being extremely critical for today's economy, Running a Side Business is excellent tool for anybody yearning for a second income. Again, NOLO series has teamed up with USA Today for another information-filled book for the public. NOLO is a legal companion for more than 35 years, while USA is the nation's largest circulation newspaper.
Cycling is a popular sport in the United States, with people regularly using bikes for fun, exercise, and transportation. In 2015 alone, 17.4 million bikes were sold in the country. As bikes are used, they occasionally break down -- and most people aren’t well-versed in repairing bicycles. A bike repair business fixes and refurbishes bikes for customers when their rides break down.
Mechanical Turk operates much like TaskRabbit and GigWalk: it’s a corner online where Amazon gathers tasks to be done, people willing to do them, and people willing to pay for them. On Mechanical Turk, you get to do the oddest jobs you can imagine as an online business idea, made possible by a parallel online universe that runs on hits, visits, surveys, reviews, pins, likes, CPCs, reads, and other metrics. But don’t get too ambitious. The small sums being paid out to human Mechanical Turk users rarely add up to anything seriously substantial, even if you invest most of your spare time into it. It's a better opportunity for internationally-based people with internet access and lower costs of living than in the US. Here’s one person’s account of his former life as a Mechanical Turk talking through how he got started with this business idea and what the experience was really like.
If sales and marketing isn’t your forte you can use a platform like Upwork or Freelancer.com who have large active audiences already looking for your skills. The kicker there is that these platforms tend to take a significant cut of your fees. If you want to keep 100% of your dough you can handle the sales process yourself and start by reaching out to local businesses or focus on a specific niche.
If you are looking to spread information, improve the human condition and help others, you should consider starting a YouTube business. YouTube businesses provide informative and helpful videos that benefit others in countless ways. Though anyone can start a YouTube channel, the channels that provide useful and insightful content amass plenty of viewers. Such successful channels are legitimate businesses.
In the strictest situation, you may have signed a non-compete agreement that forbids you from opening a side business that would compete with your employer. Understand that "competition" can be construed fairly broadly by your employer, and may include businesses you think bear no direct relation to your job or your employer's business. This could turn into a legal issue.
Transcription work from home jobs involve listening to audio files and typing out what you hear. While some types of transcription (such as medical) require training, it is possible to break into general transcription with little to no past experience. Before you start digging through the companies below, you may want to read this post about what general transcription involves and this post about the equipment transcribers use.
If you love to travel and find yourself frequently searching for airfare sales or browsing sites like Lonely Planet, why not monetize your knowledge as a private travel consultant? Start with friends and family who know they can already count on you for cheap flights and amazing activity recommendations. Ask for referrals and sign up on a site that connects you with travelers, such as Plansify. As a Plansify Travel Advisor, you can start connecting with a larger audience of people seeking your advice. Most registered advisors charge $12 to $30 to answer up to three traveler questions, and $50 to $75 for a one-hour Skype session.
Becoming a Virtual Assistant Tip: When starting this side hustle, you can find clients on popular websites like Upwork. However, you could start to see better results when you branch out on your own as an independent contractor. Starting up might be a bit harder as you need to find clients but you could earn more money this way. You can join popular Facebook groups for businesses or online retailers to offer your services.
A social media influencer is a lot like an Instagram, with the main difference being the social media platforms you use. As a social media influencer, you can use whichever platform(s) you prefer, or you could use all of them. A social media influencer may spend a bit more time than an Instagram business owner, as they’d have to create posts for multiple accounts and optimize those posts for each platform. This business still lends itself well to being a side business, though, as you don’t have to commit a whole lot of time to it.
When it comes to online businesses, a good website design is one of the defining factors for success. A bit like web development, it is one of the most in-demand skills in the freelance world. With new startups launching every day, finding web design work won’t be very difficult. But you can also explore the possibility of designing and selling WordPress themes or creating custom designs for Squarespace and Wix users, like Designs for Squares are doing.
Obviously, everyone has different things going on in life, so if you’re in a season where you can’t focus on your side hustle, it may not be a good time to start one. You could wait to start one until a better time for you (although I recommend putting a date on the calendar for this if there’s ever going to be a chance you follow through). If you’re just “busy” in life but it’s a normal season, they just go for it and give yourself a set schedule of when you’ll work on it every day.
Car flipping can be a fun way to turn your love for cars into a quick side business idea if you have the capital and a stomach for the inherent risk. Buying and selling cars is similar to other “buy low, sell high” business models, but the profit potential per hour invested can be very high. According to Jeremy Fisher at 3HourFlip.com, the trick is to learn how to make car deals come to you, so you can minimize your time invested and maximize your profit on each flip with this side business idea.
However, suppose you've always been interested in photography and want to start a side business offering your services as a photographer for weddings and other special events. Depending on your work schedule, this could potentially interfere with your day job – and your day job also could interfere with your side business. For example, you might get offered a well-paid and prestigious photography gig to shoot an event that takes place at a date and time when you're scheduled to work.
Incidentally, helping others grow their wealth is also a good way to grow your own financial worth as a side business idea. If you have stock market and finance credentials, then you can earn freelance commissions or consulting fees, advising clients on how to get the best returns for their investments as a lucrative side business idea if you can get results for those clients—otherwise this business idea can be the fast-track to alienating friends and family, so be careful.
An online driving school (also called a “traffic school”) can be started by anyone who has an affinity for creating web-based services, who is also willing to go to the trouble to be legally certified by a state authority. Schools that offer in-class instruction needs certified teachers who are skilled in public speaking. If getting up in front of a crowd of strangers to explain things does not intimidate you, you would be very good at this. Most driving schools also offer on-the-road training, which requires instructors to be both patient and firm with students, so as to help them learn how to drive while avoid making dangerous mistakes.
Many of my readers have started proofreading from their iPads, scanning legal documents for court reporters as a result of the Proofread Anywhere eCourse I recommend. You can read some of their testimonials in the comments on this post. They offer a 7-day intro course free so you can decide if that line of work is right for you before you pursue the training.
It is amazing how this book has covered everything....everything you might need to know about generating income, searching for what may fit you, managing the funds, protecting your income, avoiding legalities, incorporating legalities, marketing, finances, and types of side businesses. You simply cannot go wrong, as there is just too much information.
Instead of having to open up your brick and mortar store, sell your creations on Etsy. Whether you make clothing, crafts, baby toys, or jewelry, you can open up your own store at Etsy. I have a friend selling her awesome clothing line on Etsy and it brings in a very nice income for the family. This is another great side hustle, but don’t expect instant results. You may need to be patient for this one.
Time to get scrappy! Start building it all out yourself with Wordpress or any other free software out there until you can get going and hire/partner with someone. Then you’ll not only have something to SHOW these guys, but it’ll also show *them* that you’re doing what it takes to make this vision of yours a reality and that you’re super passionate about it. Everyone has a million ideas out there and it would be awesome to have partners right fromt he start who believe in it and willing to jump in to build it for free/peanuts, but sadly it doesn’t usually work out that way. Gotta just get out there and start DOING IT and hack it together as you go… If it’s a good idea (and you’re truly passionate about it), you’ll find a way to make it work :)
Detailing cars is a great way to make a few extra dollars. You can start this business with a few supplies and some networking. You can start in your local neighborhood, advertise on Facebook, and offer discounts during holidays. This is a great gift people can give new graduates or dads for Father’s Day so be sure to mention this when trying to sell people on your service.
If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and fund this side business idea. My podcast, The Side Hustle Project is actually my current side business idea, and because I had an existing audience here on my blog at the time I launched the show, I was able to broker a $5,000 sponsorship from Freshbooks to place ads on the first ten episodes before I even got started.
There's a misconception that keeps those with dreams of owning their own business from following their dreams. It's a misconception that's not only false but dangerous to the small business community. It's not true that every entrepreneur sits in a rundown apartment somewhere in Silicon Valley, eats boxes of cheap mac-and-cheese and stays up all night building the next big startup. Most entrepreneurs aren't living in poverty hoping to someday sign the papers for millions of dollars in funding only to see their dreams become the next worldwide craze.
Almost everyone uses Facebook, Twitter, and Pinterest these days, but did you know that many companies will pay people to help them manage their social media accounts — sometimes even part-time from home? To find social media jobs, you can start by contacting businesses with a social media presence and scanning sites like Upwork.com for opportunities.
Entrepreneurs experienced in the restaurant and bar industry who are looking to venture out on their own are best suited for this business endeavor. Mobile bartenders often work nights and weekends. This offers a more flexible work schedule, allowing you more time to focus on building your business during the week, and also spend time with family and friends.
Christy Wright is a Certified Business Coach and Ramsey Personality with a passion for equipping women with the knowledge and steps they need to successfully run and grow a side business. Since joining Ramsey Solutions in 2009, she has spoken to thousands across the country at women’s conferences, national business conferences and Fortune 500 companies. You can follow Christy on Twitter at @ChristyBWright, online at businessboutique.com, or facebook.com/OfficialChristyWright.
According to a report published by the Minister of Agriculture and Agri-Food in Canada, the jam and preserve industry in the United States brings in over $1 billion annually. Most impressively, it’s grown steadily -- even through the Great Recession. The market for jams, jellies, and preserves is strong, growing, and has many opportunities for new start-ups.
If you have a talent for helping people look their best, and know how to mesmerize with eyeliners and turn heads with lipsticks, consider using your beauty skills to pursue this easily profitable side business idea. For under $2000, you can start your own make-up artist business which can make for the foundation of a potentially lucrative side business idea that turns a profit largely by referrals and word-of-mouth from your happy customers.
If you enjoy writing and have a talent for words, then this popular side business idea is right up your alley. Start by creating quality content and building up a subscriber base among your readers. Monetize your blog by featuring advertising, adding products to sell, and setting up affiliate marketing. Between these different revenue streams, you can earn a nice profit from something you already enjoy doing.
Ownership of a live band usually includes the actual musicians. Owners generally have a passion and instinct for music, a great deal of energy and motivation, and a talent for crafting a group style and sound that appeals to audiences. In addition to their performance skills, live band owners must be able to sell their services to booking managers at venues and to the audiences who watch them perform.
A ballroom dance business provides ballroom dance lessons in a well-appointed studio. It can train teams that participate in national or regional competitions and also provide dance lessons for those who simply want to learn how to dance. A ballroom dance lessons business may be associated with a recreational center or a club, and may offer classes for both interested dancers as well as teachers.
It’s also important that other people are already doing it because that means there’s a market for it. Your side hustle needs to be profitable – it has to make money. There is no point in starting a business that won’t be profitable. So, make sure there is a market for it. People mistakenly think that because an area already is filled with people making money that it’s too saturated, but that couldn’t be further from the truth. That just means there’s money to be made in that space.
A side hustle is more than just another stream of income, it’s also the new job security. When you receive paychecks from different sources, it allows you to take more chances in your “regular” career. More income means more options. More options equals freedom. You don’t need entrepreneurial experience to launch a profitable side hustle. You don’t have to have an MBA, or know how to code, or be an expert marketer. You don’t need employees or investors. With Chris as a guide, anyone can make more money, pursue a passion, and enjoy greater security – without quitting their day job.