Yes, you can turn your car into a money-maker by driving for Uber and Lyft, but there are other ways to convert mileage into money as a clever side business idea. One way is to do vehicle advertising, a potential side income source of anywhere between $100 to $600 per month. Whether you own a compact sedan or a full-sized bus, your vehicle’s exterior space is prime real estate for ads. Check Wrapify, carvertise, and similar sites for more details about getting started with this business idea and for being paired up with local advertisers.
There is a subscription box for just about anything you can imagine these days. As an entrepreneur getting started, this means you will have some stiff competition. Think about a unique niche that consumers want and need in their lives, and consider ways to make your product stand out from the competition. Are your prices lower? Is your shipping quicker? Do you include goodies and bonuses that other businesses don’t?
If you can attract a regular audience for your podcast, there’s good money to be made from sponsorships and other digital product offerings. At my own day job, we regularly pay $250 to $500 for 30-second advertisements on relevant business podcasts. Check out this episode of the Conscious Millionaire Podcast for an interview with John Lee Dumas, the host of Entrepreneur on Fire, for more tips on how to make money podcasting, including selling online courses, eBooks, and coaching sessions.
If you're operating your business as a sole proprietorship in the United States, you don't technically need an EIN for the business – you can file taxes for your business along with your personal taxes. However, you may want one if you want to open a bank account for your business, or if you don't want your Social Security number to appear on business documents.
If you have the gift of gab, public speaking is a worthwhile side business idea for you to pursue. Many authors, medical practitioners, scientists, artisans, politicians, and other subject matter experts earn extra income by delivering speeches, seminars, and presentations. Professional motivational speakers earn an average annual salary of around $90,000 with just that portion of their income, making this a very realistic side business idea while you continue practicing your craft.
The photo booth business is perfect for any person who likes photography. Whether you’re a photographer, a framer, a painter or simply love taking pictures of others, you can establish a photo booth business to give customers the chance to take their own pictures. Operating a photo booth does take some familiarity with camera settings like ISO, aperture, and shutter speed. The ideal photo booth business owner will also have a solid software foundation. It takes time to hook everything up, but it’s certainly worth the effort when customers are satisfied.
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.
You don’t need to have a degree in journalism to be a reporter these days (and pursue this business idea). Plus, there are many news websites that can always use a bit of help on getting local coverage. Some of them, such as The Examiner or HuffPost, will compensate contributors based on ad revenue generated per article written—a great incentive to provide compelling content to news organizations as your side business idea.
A lot of car owners simply don’t have time to personally care for their vehicles, much less make them sparkle. With simple equipment such as car shampoo, polishing wax, tire black, sponges, a pail and a sturdy hose, you can start earning a decent side income by making cars look fresh in your free time after work and on weekends. Not bad for an easy business idea that'll keep you outdoors and moving your body on the weekends.
Many small businesses in your community could use a very basic web presence to tell others about their business. Quite often, these businesses don’t have a large budget for such things. That’s where you come in – get a bunch of clients from the local community by beating the pavement, create sites for them, and maintain them for a small fee. Get enough businesses and you have a nice side business of your own that doesn’t require a ton of maintenance time.
Consider whether you'll need to lease office or retail space, or whether you can operate your business from your home. If you're thinking of running your side business out of your home (whether long-term or just at first), you need to check the zoning regulations in your city or county and make sure home-based businesses are permitted. This may be a problem particularly if you plan to invite customers or clients into your home on a regular basis.
Freelance writing is one of the most flexible of the non-phone options, and it's an easy field to break into without any experience at all! This is also an industry that can pay well, especially if you forgo content sites (such as the ones below) and work on finding private clients that will agree to the rates you set. The content sites don't pay that well, but they can still help you get valuable writing experience and earn a weekly paycheck.
So where does the money come in? As your audience starts to grow and you begin attracting more and more traffic, a whole array of different blog monetization options will open up to you. It’s best to choose the most organic ways that won’t detract from your blog’s reputation. For example, if you’re blogging about walking as a hobby, start selling custom walking trail plans or promoting walking boots. As mentioned earlier, it’s best to have multiple sources of income, as any one of them can shrink unexpectedly. The five main categories of income streams that bloggers tend to adopt are:
There’s a huge online demand for English teachers who have the patience and willingness to regularly coach people over Skype. What’s more, is that you can easily make upwards of $25 an hour from people in places like Hong Kong or the United Arab Emirates, and it can even open doors to travel the world. While full ESL (English as a Second Language) accreditation is recommended, you can qualify as long as you’re a native speaker. Sites like Indeed, Learn4Good and Remote.co often post remote English teaching jobs, but stay abreast of the latest postings because available opportunities and fees vary.
Side hustles are my jam. Seriously, I wouldn’t be a millennial millionaire and have achieved financial independence at the age of 30 without side hustling. I’ve always been hustling. It’s in my blood. I can’t help it. Everything I look at in life I see a business opportunity. Sometimes it’s a blessing and sometimes it’s a…. well I guess it’s always a blessing. #gratitude
If you’re offering a service, do you need to be licensed and registered for it? Research the product or service you’re going to offer to determine exactly what you’ll need to do according to state law. If you’re going to help people with their taxes, for example, you’ll not only need to be licensed, registered, and bonded in some states, but you’ll also need to carry errors and omissions insurance.
While this suggestion could not be further from the standard small business loan, it cannot be denied that the strategy paid off. The company has now earned around $1.65 million in seed funding from Andreessen Horowitz, CrunchFund, Spark Capital and Chicago Ventures, and has been named one of the Top 5 Silicon Beach Startups to Watch by Entrepreneur.
Like birthdays, marriages happen all the time. Which means you can treat weddings as a recurring fountain of business opportunities: wedding dresses and coats, jewelers, food caterers, venue providers, photographers and videographers, performers, flower shops, travel agencies, souvenir crafts, and a host of other ventures. Now imagine if you can form a network of these service providers so you can offer engaged couples a range of hassle-free wedding packages as a turnkey business idea. The process is certainly fun (and time-consuming), but as a side business idea, the pay can be pretty great.
This business is great for veterans of yard sales and thrift shops—basically, anyone with a good eye for finding surprising items at low prices. It's also good for those with an eye for style and design, so you are able to see not just what the worn down furniture is but what it could be after some modifications. Finally, it's good for those with sales experience, as the job may involve a lot of individual interaction with a variety of customers.
Thank you so much for this list. I have been deliberating on starting a consulting/coaching business for so long now (2 years). I am not working at the moment as I took a career break after my MBA to start a family and now look after my child. Consulting for SME’s has always been my passion, it was actually my MBA long term goal but since I am yet to attain my short term goal (getting a job and more experience) I am hesitant to start my coaching business. My fear of not starting has been around how a new employer will perceive me when I am ready to go back to work. Are there people who openly run a side hustle and their employers know? I am in the UK and currently starting to look for a job but it is taking longer than expected, I also would like to know how this applies in the USA as I will be moving over in two years. Can you advice, anyone with experience in both markets please advice.
If you don’t mind parading yourself around in public places as a side business idea, and enjoy a little attention, then working as a human billboard can pay a surprising amount of dividends. Renting out your beard, for example can earn you as much as $5 a day while having a brand logo tattooed on your shaven head for five years could pay as much as $7,000—though this type of earning opportunity is admittedly rare. This business idea is definitely not for the faint of heart, and is a little extreme for me, but nonetheless it's been done as a side hustle for many people. You can start by holding a placard or wearing a sandwich board. If you think this is a good side business idea, you can go all the way and turn it into a full on small business idea with enough hard work—plus you won't have to deal with all the issues other more complex businesses have to constantly think about (like reducing churn).
You can buy your stock from a wholesaler and list them on your online Selz store for customers to purchase. You will need to describe the features of each product in detail, and, since headphones are something of a fashion statement, include photos. Because this product is in high demand, with the right prices and marketing, it should sell fairly easily.
Okay, so you won't make money that fast with a blog. But, if you start a blog and deliver enormous amounts of value, you could set yourself up with a platform for ending a tremendous amount of passive income. This is something you can easily build on the side with just a few hours of work per week, but you need to stay consistent and post great content regularly.
But before you can graduate from side business idea and start earning a full-time living as a graphic designer, you'll need to build your skills—I recommend starting with reading the foundational book Graphic Design School and Steal Like an Artist, the incredible book by Austin Kleon about how to become more creative. To accelerate your education in becoming a graphic designer even quicker, check out the online courses Graphic Design Fundamentals and The Graphic Design Bootcamp. Then once you're an expert at your craft, you can further your education and move up to offering more hands-on experiences like design sprints for higher-value clients around the world.
This list offers some great ideas and inspiration for folks looking to increase their income. There’s really no reason that anyone with some ambition, a good work ethic, and “people skills” can’t earn some extra money (or a full-time income) pursuing some of these self-employment ideas. I’ve done a little research, myself, to compile a list of small business ideas, and stumbled upon a few possibilities which you didn’t cover: