Briefly, successful niche websites rely on tapping into underserved topics and niches and using various monetization techniques, such as display advertising, sponsored posts, affiliate marketing, selling digital products or even plugging in eCommerce elements to lay a foundation for a passive income strategy. For some inspiration, read the FoodTruckr story (a website for buying and selling food trucks) and how it found its success online purely by chance.
While the barriers to entry for a retail shop can be very high, one way to keep costs down and limit your time investment while you keep your full-time job, is to set up a weekend popup shop as a side business idea. More of whatever it is you’re selling—donuts, clothing, antique baseball cards, or anything else—will stay in your pockets instead of going to pay for operating expenses such as rent or utilities by choosing to pursue retail as a side business idea with a short-term rental. This guide from Shopify will give you a step-by-step process for getting your popup shop off the ground.
If you're toying with the idea to pad your income with a side job, this book is a decent start. It gives you some suggestions about what to do, links to further resources (often other Nolo books), and some good tips on topics as diverse as marketing or how to deal with various types of business people, including lawyers. I went through the book easily and found it well- written and understandable.
Wow that is really inspirational and a breath of fresh air compaired to the typical drive an uber, di gigs on fiverr advice. This brought some new insight. I’m wondering how you handlle taxation on side husttles. Can you just add that income to your tax declaration in the U.S. or do you need to set up some sort of company to be able to do your invoicing etc… ?
If you have marketable skills as a developer, designer, or online marketer, there's an online audience who’d be willing to pay for your expertise, in order to become experts, too. Start by testing your way into the market on Udemy or Skillshare, where there’s already an existing audience for career-related courses. As you build your brand, aim for teaching on higher-visibility online education platforms like CreativeLive.
If you already have a sizable Instagram following, or a knack for getting followers, you could be approached by major brands, gear companies, and other relevant businesses with products and services your audience may be interested in. Take 25-year-old Liz Eswein for example, who charges a fee to brands for taking the photos she posts on her account @NewYorkCity, and an additional $1 per like on top of that. Not bad, considering most of her photos get well over 20,000 likes.
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.
There are amazing benefits to working remotely, from decreased stress to higher engagement. It’s definitely easier to show up to work if you’re not dreading the commute, or if you’re in an environment that fosters your creativity and motivation. Remote work benefits employers, too — They report lower costs, higher productivity, and more productive employees.
Now that I've been blogging for almost seven (!!!!) years, built the blog into my full-time job, worked for myself for two years, then went back to work, I can look back on the whole process and pinpoint what I did right and where I went wrong. This makes me the perfect person to tell you the biggest things you need to know when considering this kind of transition.
11 Computer repairer/troubleshooter Despite the proliferation of technology in our lives, many people still find computers complicated to maintain and terrifying if they go wrong. If you have a reassuring manner and are not fazed by the inner workings of a PC, offer your services locally and let word of mouth do the rest. "I had some success doing this in the past," says Hamm.
I just had to double back one more time and really take time to read your post here on side hustle business ideas. I really love the fact that your blogging about the side hustle which is my line of work just like yours. I’m one of those people that don’t believe working for a company for 20 to 40 years and retiring on a can of beans. Where so much more than that, right? Entrepreneurs a full of creativity. Thought leaders. Leaders for change. Leaders that are positive in your thinking process and inspire people to unleash their full positive potential by getting into side hustle entrepreneurship. And with all of this said, anyone can put their creative ideas they’ve had on the back burner into action at full strength and start a side hustle business just like us and become more successful than hoped for. Isn’t that right, Nick? :-)
Though illustrating can sometimes be a slow process, if you’re capable of making high-quality images in a short time, you can supplement your income with an illustration business. Cartooning, sketching, and such are in-demand and being able to provide these services can set you up with a steady stream of clients while you work a limited number of hours a week.
We all know you can buy and sell stuff on Craigslist, but have you ever thought about offering a service you can provide. If providing a service isn’t your thing, you can scan Craigslist for great deals and then later resell items for a profit. This takes persistence and patience, but I have a friend who went from a $4k truck to a $24k in truck in 18 months by flipping cars from Craigslist.
Gig Economy Tip: Platforms like Fiverr are dependent on reviews. If you’re just starting out, pay a friend to buy your gig and review it after you complete the project. This will allow you to have a high star rating which will allow you to get your next few customers. Without a rating, it can be hard for a client to trust you enough to give you your first opportunity.
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.
Be sure to consider your concept thoroughly, to test it out among friends and family members, and to secure their business as well. Be organized, commit to your plan, and hold yourself accountable. Remember, you’re your own boss in this endeavor, and need to discipline and commend yourself accordingly. And last of all, if you don’t succeed the first time around, try, try again!
With nearly 100,000 different custom extensions both free and paid available in Google Chrome's marketplace, there's a huge opportunity for creating a useful extension for people to use while browsing the web as a low effort business idea. One of my favorite Chrome extensions, Yet Another Mail Merge, which enables you to send bulk customized emails from within Gmail, gives you 50 free credits to send emails and gives you the chance to upgrade to a paid account to unlock more sending—a great upsell for the people who are getting value from the extension. Even free Chrome extensions like SVRF Tabs by SVRF, which replaces your new tab with stunning VR and 360º images, have the potential to bring in new users and eventually drive revenue for the startup's core business. Another fun example from a friend of mine, Kathleen Garvin, is Hide images with NOPE, a Chrome extension that hides images on the web pages you're browsing—to help eliminate distractions and keep you from seeing images (like those of certain politicians) that you may want to hide. This side business idea is particularly great because it also allows you to showcase your development skills—which can be put to work as an adjacent side business idea on a freelance basis alongside the Chrome extensions you launch.
One bonus is that I got to learn about so many different industries, including for example hydroponics, which I would have probably never learned about had I not had to build WordPress site for the second largest (at the time) online hydroponics store. Another cool thing about building WordPress websites is that my clients then wanted to buy on-going website maintenance services from me. These services included things like keeping the website secure and uploading content. This is where the real gold was, especially from larger law firms. I was able to get some maintenance contracts at $1,000/month – which is a tiny expense for a big firm. Building WordPress websites really added up.
Who doesn’t love a good t-shirt? This is one of our favorite online side business ideas, because you have the opportunity to be as wildly creative or tactfully simple as you want. Start out with a specific niche and build your business from there. When you have a sense of your personal niche, sketch out some designs (if you already have them, great!), decide the type of material you want to use for your shirts, and have your branding implemented.
Think about websites like Udemy, which gives teachers a platform to teach online courses. A business like this allows people to share their expertise with students while making a living—all without the need for a physical location, or even a set schedule. Or maybe you prefer to approach things a little more creatively. If you’re crafty, you might consider a custom phone case business, which helps you lets customers add personal flair to their phones.
Having an adequate amount of cash flow in a business can make the difference between success and failure. That’s why it’s important to have serious cash reserves when you launch full-time. But many people don’t have the months of operating expenses needed to do this. So they start small with a side business and use profits to beef up cash reserves for a future full-scale launch.
Use a platform like ACX to create and sell audiobooks on platforms like Audible and iTunes. If you have a great idea for a non-fiction audiobook where you can teach a difficult skill like stock trading, foreign currency investing, accounting, online marketing or others, you can easily create a five-figure monthly income with the right volume of audiobooks.
A proofreader reviews the written word in its various forms for clients and corrects for spelling, punctuation, and typos. To start a proofreading business, you must have a strong command of language usage, spelling, and punctuation. Depending on your clientele, you might be reviewing and correcting the language used in books, magazine articles, web content, ads, packaging, student assignments, or virtually any other vehicle of written communication.
From crafting to home repair to website design and more, if you've ever wanted to turn your hobby into a business and watch your passion generate cash, Running a Side Business is the book for you. Packed with tips, legal resources, start-up success stories and USA TODAY snapshots and infographics, you'll learn the life cycle of a business and get answers to important questions along the way. Find out how to:
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.
If you had a knack for standardized tests and had no trouble acing the SAT, ACT or other college exams, why not start tutoring high schoolers as a side business idea? Parents of all economic backgrounds are more than willing to shell out upwards of $100/hr to the right tutor, if it means their son or daughter will get admitted to the college or university of their choice. See this quick checklist for starting an SAT tutoring business from the Work At Home Mom. Whitney over at Rookiemoms also has a cool story to share about a stay-at-home mom making $40/hr helping kids out with homework and turning it into a profitable side business idea.
Successful ghostwriters must like to work in the background and have no interest in gaining popularity through writing. They need to be adaptable and flexible, both in their writing style and their work schedule. At the same time, ghostwriters require the self-discipline to remain on task and see a project through by delivering exactly what they promise.
iSecretShop is real mystery shopping. They have a web site and app. Don’t get discouraged with the first few. It’s based on a points system. The more points you get, the better the shops. You have to take a few little ones and work your way up. Another one is Jancyn. I’ve shopped apartment communities, car dealerships, local yogurt/ice cream shops, restaurants, etc.