Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off (Insure.com went for $16 Million in 2009) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea. But beware: some experts doubt the long-term viability of this business idea, so you shouldn’t quit your day job just to put all your effort into this one without some successes already in the bag. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names. Imagine owning desirable domain names for the next decade's most innovative companies.
I have repeated this many times over the years and it’s actually pretty easy to do when you are already planning on buying tickets for an event. A piece of advice, there are a ton of people who try to do this so it’s hard to make a full-time business out of it, but I do know one guy who makes over $200,000 every year simple buying and reselling concert tickets to the big name shows. Something about ticket reselling has always felt a bit skeezy to me, but good tickets get bought up immediately anyway. Might as well make a few bucks doing it.
One thing I tell people about the online side hustle is that it’s going to take a good while until they start seeing good money by working from home or anywhere on their laptop with their side hustle business. This is why a bridge job is good for some people to have while they’re working on side hustle entrepreneurship. I’m so happy to hear that some side hustlers that started out with next to nothing online with very little to their life savings ended up becoming Internet millionaires. Some Internet millionaires world on food stamps, unemployment, living at home with their parents, unemployable, and the list goes on.
If you have a knack for connecting with people and the willingness to take on some risk, a commission-based freelance sales role could be a great side business idea for you. Many startups seek part-time and commission-only salespeople, especially when they're just getting started, which means you'll often be able to make this a home based business idea. Develop your sales strategies, become an inside sales rep and perfect your cold calling skills on the side in your free time for nothing but commission, negotiate a little equity and you could profit big time if you're pitching a solid product and the startup succeeds. Start your sales education with the acclaimed books, Secrets of a Master Closer and To Sell is Human by famed bestselling author Daniel Pink and you'll be well on your way to getting this side business idea off the ground.
Piano tuners are generally mobile service technicians that complete simple repairs and routine tuning for a wide variety of pianos at the piano owner's home, business, or school. They are knowledgeable in the construction of pianos, and they can repair felt, keys, minor wood damage, and replace wire as needed to maintain action and sound. Pianos used in a commercial or academic setting can be tuned after being moved or on a regular four month, six month, or yearly basis. It is a service that relies on the tuning technician’s expertise and experience.
I’m not saying that walking dogs for a few hundred extra bucks a month so you can invest isn’t worth doing. It definitely is and you don’t have to side hustle to scale – any additional money you make and invest will help you walk away sooner. I’m just saying that before you start side hustling or pick your next side hustle, just understand that you really can make a ton of money doing it with the right mindset and strategy.
However, it’s important to understand that working from home doesn’t mean relaxing in your pajamas all day. In fact, you will probably end up working more from home than in-office. And be careful when searching online for remote work, though. There are an estimated 60 to 70 scam jobs for every genuine one. Only use vetted sites such as FlexJobs to ensure you’re not being taken advantage of.
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.
Starting a website can be a great way to build some side income in a fairly passive manner. Start a blog if you have interesting, unique, and informative stuff to tell your readers. You can then make money on advertising or having people pay for educational products or tools you produce. Or create a website that brings together buyers and sellers of a niche product from which you can charge a subscription or transaction fee. The key is to think outside the box and come up with an idea that can provide a unique solution for people. And even if you want to produce a website that is similar to ones already out there, do it bigger and better and find a way to differentiate yourself!
According to a Gallup poll, more than 43 percent of employed Americans spend some time working remotely. This share is likely to increase over time in part because of the ways in which it can save workers and employers money. Remote job site FlexJobs estimates that working from home can save workers as much as $4,668, while Quartz calculates that telecommuters can save $2,524 a year.
Any adult who looks after another person's child for more than two hours on any one day in a location other than the child's home (so excluding most babysitters and nannies) needs to register with Ofsted – it's not a particularly complicated process but does include medical, criminal and domestic safety checks. Nannies can look after the children of up to two sets of parents, in one of their home environments, without being Ofsted-registered.
It’s not on this list but Brand Ambassador/Promo work is another very flexible, fun, and lucrative side hustle! Basically you promote your favorite brands at awesome events (e.g. handing out Red Bull or demoing new products at high foot traffic areas). I created an entire resource website on how to succeed in this industry called “Brand Ambassador World”. It has everything from resume designs, to super helpful tips and tricks, to where to find promo gigs, to a comprehensive list of agencies, etc.