Websites aren't too dissimilar to stocks. Many are junk, but some can generate value for you, making it a strong potential business idea if you have an eye for spotting the diamond in the rough That’s why, like stocks, they are bought and sold all the time. You can buy and sell websites as a side business idea in the hope of generating future earnings based on their user traffic, current revenue intake, domain name, or some other factors that might be a hidden cash cow everyone else has overlooked. Interested? Check out marketplaces like Flippa and Flipping Enterprises to learn more.
Earning money on GigWalk is similar to working on Task Rabbit—not a bad side business idea if you've got the free time. You get to choose from an amusingly diverse range of jobs from taking snapshots of restaurant menus to counting the items arrayed on supermarket racks. It won’t make you rich though, with payouts tending to congregate in the lower half of their $3-to-$100 range. But, if you're looking for a steady little side business idea, it can't hurt doing a strange but fun errand and getting a tip at the end. When you’re bored or a little short on cash, you can access GigWalk anytime, anywhere via their mobile app. Meanwhile, all the jobs specifically vetted for you will be within reach (ideally, just a brisk walk away).
Consulting is another area in which you can make use of your existing skills. Diana Melencio spent eight years working on Wall Street, and later used her financial background to her advantage, working as an independent financial consultant. This side business enabled her to follow her passion and to start OkMyOutfit, an online styling and shopping platform.
On a more casual level, there are a variety of service businesses that make great side businesses. Sites like Craigslist can be a great way to put your skills to use and piece together revenue. Do you know what interviewers look for? Consider offering resume building help. Know multiple languages? Put your skills to good use and offer tutoring or language conversation lessons. Do you love animals? Advertise yourself as a dog walker for your neighborhood.
If you enjoy making pottery, or just jove using it for creative decor, you could turn this passion into a nice side business idea for yourself. First, narrow down what type of pottery you will sell. Do you want to sell functional outdoor flower pots, or decorative indoor items? Remember, you can always expand your niche later when you are more established.
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.
This business is right for those who enjoy learning about technology and the challenge of restoring damaged items to like-new condition. Professionals in this business help conserve natural resources while helping customers preserve treasured photos and online communications as well as valuable software and digital content such as games, books, and music.
We’ve selected these ideas because they’re always at the top of the list of the most profitable side hustles, but don’t worry if you don’t feel particularly drawn to any of them. There are dozens of other skills that can help you to bring home the bacon. Head to sites like Skillshare, Udemy and GeneralAssembly to see what online classes are trending and maybe you will find your calling!
“The essential guide for anyone who wants to create more freedom, opportunity, and security by launching a profitable side hustle” On his popular podcast, Chris often says, “Inspiration is good, but inspiration combined with action is so much better,” and Side Hustle provides both. It’s packed with practical tips and strategies—illustrated by compelling stories of real-life hustles—that will inspire readers to start their side hustles now. “- Gretchen Rubin, bestselling author of The Four Tendencies and The Happiness Project
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.
Once you have a regular audience (ideally in the thousands), you'll start to develop a lot of value to potential advertisers. Let's say your podcast frequently talks about life as an outdoor photographer. A natural fit would be to reach out to relevant magazines, gear companies, and camera brands to see if they'd be interested in advertising on your podcast of targeted listeners. The more niche your podcast topic, the better for future sponsorship opportunities.
Does your 9 to 5 job pay fluctuate? If you don’t have a predictable income, you might need more money some months and a little less others. If this sounds like you, you might choose to take up side gigs. These could be gigs that you create on Fiverr or the occasional freelance project on Upwork. You might design some wedding invitations for a client one week and help someone build their social media following the next. The type of projects you work on could vary drastically. But if you love variety and switching things up, this side hustle could be perfect for you.
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.
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.
42 Selling lost luggage Auction houses round the country routinely sell off lost luggage that the airlines have failed to match with their owners. "For example, Greasby's in south London sells off BA's lost items every week," points out Birtles. "You bid blind on bags that have had the expensive stuff removed (cameras, iPods etc) and then sell the bag and contents on eBay or at a car boot sale. Bags generally go for between £5-£50. Your profit depends on what's in them!"
You can sign up for free at Rentafriend to be someone else friend both part-time and full-time with pay between $20/hr – $50/hr. Yes, this sounds very strange from the outside looking in, but a lot of times you are helping someone get acquainted in a new town, meet a new group of friends, or simply have a cup of coffee with. Most importantly – friendship is always platonic (no touching).
Companies have different rules about employees working other jobs. Study your employer’s rules regarding what they expect from you if you open a side business. If you intend to offer a competing product or service, you may risk losing your job, particularly if you signed a non-compete clause when you first started. You could even be subject to a lawsuit if you market a product or idea you came up with while working your full-time job.