Christy Wright is a Certified Business Coach and Ramsey Personality with a passion for equipping women with the knowledge and steps they need to successfully run and grow a side business. Since joining Ramsey Solutions in 2009, she has spoken to thousands across the country at women’s conferences, national business conferences and Fortune 500 companies. You can follow Christy on Twitter at @ChristyBWright, online at businessboutique.com, or facebook.com/OfficialChristyWright.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time personal trainer as a side business idea can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out these tips to a successful personal training business by the American Fitness Professionals and this interview with several fitness blog owners who are making a living online, from MonetizePros. Finally, I'd recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today.
Because watch repair is very specific, general repairmen may not be fit for the watch repair business. Those who’re experienced with repairing small mechanical items, however, may find watch repair to be incredibly fun. Those who enjoy collecting watches and clocks, too, may enjoy the art of watch repair. As a business owner, a watch repair shop owner will need to have a good handle on management, accounting, and marketing.
Know someone who rents out property to others? Perhaps they could use a hand managing their property. If so, you can make a decent amount of money on this side business idea with relatively little work on your part (most of the time). It'll take some hustling and the willingness to be flexible with your schedule, as you'll be responsible for collecting rent checks, managing repairs and improvements, and simply being on call for emergencies. But, a property manager is essential for most real estate investors that have a large enough portfolio, so there's definitely merit to this business idea.
Next you will want to create and display your pins. The Selz store builder makes it easy to show off your work, while the stylish web design options will help your store to stand out from the competition. You can choose to sell hard enamel pins or soft enamel pins, or both if you desire. In the beginning, though, it’s generally best to choose one or the other to avoid being overwhelmed.
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:
Do you enjoy fast food or going into retail shops? Many companies hire mystery shoppers to test the customer service of their stores. A common one is Subway, which hires mystery shoppers to ensure that "Sandwich Artists" are following all the franchise guidelines. If you have time and can travel to different places, this could be a good side hustle.
Happy days are here again – or so you might assume from a recent wave of optimistic reports about the economic outlook and rising consumer confidence. But while unemployment is down, the latest labour market figures reveal a surge in part-time jobs as employers remain anxious about long-term recovery prospects, suggesting it may not be time to hang out the bunting just yet.
Get a tax ID number. If you're starting your side business in the US, you need to apply for an Employer Identification Number (EIN) for your business from the IRS, even if you don't plan on having any employees. You typically need a separate tax ID for your business in most countries if you want to keep your side business legal and above-board.
Do you love being outside, planting flowers and pulling weeds? Many people find this a chore but others (myself included) love doingyardwork and planting. If this is you, then you could think about starting a landscaping and yardwork business on the side. You could offer to design beds, plant flowers and shrubs, cut grass, pull weeds, and rake leaves.
However, suppose you've always been interested in photography and want to start a side business offering your services as a photographer for weddings and other special events. Depending on your work schedule, this could potentially interfere with your day job – and your day job also could interfere with your side business. For example, you might get offered a well-paid and prestigious photography gig to shoot an event that takes place at a date and time when you're scheduled to work.
That’s my plan. No kids, no spouse, parents deceased. I’ll never be able to retire. On PSLF, but forgiveness not approved until 120th payment. Many are not being forgiven now. I take courses to stay in deferment. FedLoan bases payment on gross; not net. How does that make any sense?! After bills I can’t afford the payment. I have 3 grad degrees. Was supposed to be a psychologist. APA & NCE won’t accept my 15yo degrees for the national exam. So I teach at a CC. Over 180,000 in debt now and it grows monthly.
Good side hustles, like freelance writing, allow you to make money by trading your time. Since you’re trading time for money, you’re capped at how much you can make. Still, if you’re looking to hit, say an extra $1000 a month, freelance writing is a side hustle that can allow you to predict how much you can make. You can have a contract set up with a client or two that’ll allow you to know exactly how much money you’ll be able to make. The secret to succeeding as a freelancer writer is to charge based on the value you’ll bring. Most freelance writers undercharge which results in fast burnout with little pay off.
Do you have good writing skills and the ability to build a reputation for yourself within a specific industry? Then launching a blog could be an ideal side business for you. Once you have a regular audience of readers, you'll have countless options about how to monetize your site with ad support, your own e-books, online courses, sponsored content, and personalized consulting services.
I created an “Every Day I’m Hustling” shirt and sold enough for the campaign to ship, but didn’t earn much on the experiment because of some not-very-effective Facebook advertising. Still, some opportunity here and a friend of mine is doing REALLY well with this. If you can create awesome designs and reach the right people with good Facebook targeting, Teespring can be very profitable.