I’ve heard this (okay, I’ve been that person) so many times. There is so much mythology and complexity around what it takes to go from idea to income. In the world of entrepreneurship, the lore has become, “you’ve gotta be all-in, all the time” if you want to succeed. Truth is, that’s a complete fiction. And, what if you don’t so much want to built the next mega-company, but instead would love to just do something you enjoy on the side that also happens to generate a nice bit of extra cash?
1 Antiques/collectibles dealing Know your stuff when it comes to certain kinds of collectibles? If so this can be a great way to make money from a hobby. Trading sites such as eBay make it easier than ever to reach your target market, according to Trent Hamm, author of US money-saving blog thesimpledollar.com. "I had some success with this myself in the past, trading cards and video games," he says.
I mean come on, who wouldn't be interested in this side business idea? Getting paid to take care of a cute pup sounds like a dream. The prevalence of unattended pets is another side effect of busy life, creating job business ideas and opportunities for people with time, patience, and affection to spare. Just check out DogVacay and Rover to see what I mean. Would the payout be worth it if you try? One person in New York earns $3,300 a month just pet-sitting for busy animal lovers as his side business idea.
If you already have expertise in the technical and artistic sides of web development from your day job, then picking up extra clients on the side is a relatively easy way to start earning extra cash. Since everyone from large corporations to small-time freelancers need websites these days, web designer services are in hot demand. According to the Bureau of Labor Statistics, 28,500 web developer positions will need to be filled by 2022.
Everyone (even kids and retirees) need to have some level of technical know-how to stay competitive and appreciate the marvels of the digital age. Just observe how learning sites like Codecademy, Treehouse, and Udacity continue to grow and you’ll understand the urgency of getting computer training for our generation (thus making it a great business idea to train others if you already have the skills). If you’re a techie, you can cash in on this need by offering lessons and tutorials within your neighborhood or across cyberspace through portals like YouTube or Udemy as a side business idea. You can even set up your own tutorial site with an interface for online payments.
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.
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.
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.
You will want to research your shopper and go in with a very clear sense of your target audience. Are you looking at hip, young parents; or excited grandparents? Will your products be cute, funny, or simply stylish? Narrow down exactly what you want to sell, then market your online store hard. Getting shares and testimonials from happy customers will be huge.
This business is ideal for current and former teachers, which is why many teachers begin their home tutoring business as a part-time job. You must be a people person, as most of the business regards direct, one-on-one interaction with others. It helps to be good with children of all ages, as they comprise the vast majority of your customers. Finally, it helps to be organized and self-motivated: conducting home tutoring as a full-scale business means managing many contacts, reaching out to local schools, and making sure you have enough time during each session for your various clients.
Do you live in a well-traveled area, preferably with room to spare? Consider offering up your accommodations through Airbnb, the web and app based service that connects travelers with hosts, who then open their house as an impromptu hotel. Airbnb makes a great side business for the social butterfly who enjoys making connections and meeting new people.
Firewood!!! I live in a semi-rural area about 1/2 hour North of Newcastle, Australia (houses on normal blocks, 1/2 acres blocks, “lifestyle” type blocks). A few people here will deliver a trailer load of cut up firewood for various amounts of money locally and into the more residential areas in the city. If you have the room to store firewood to season and a log splitter, its a good side income (for winter). I also know a lady who was struggling to find work after moving here. She started doing before and after school care and earns more doing that, than she did working full time in an office previously.