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.
Investing in domains is one of the easiest side hustles. There is no other place where you can get a 1,000%+ return on your money in a pretty short amount of time (less than 90 days in some cases). I buy and sell them at $400+ profit regularly and have been doing so for over 10 years. Domains are the real estate of the internet and they are only getting more and more valuable. I have seen the average price for a mid-tier domain jump from $400 to $3,3000 in the past 3 years alone.
Taking the Internet by storm, dropshipping is an eCommerce model that allows online entrepreneurs to open online shops without any upfront investment. The basic idea behind this concept is that you find a profitable product idea, set up an online store and partner with a supplier who handles the inventory, packing, shipping, and returns for you. You don’t need to buy the products in advance – once you receive an order online, you pass the request to your supplier and take a cut on the margin. It’s a passive income technique that has a lot of potential and has already made many online entrepreneurs richer than they ever expected to be.
I no longer build WordPress sites, but back in the day I easily built over 100 of them and worked on even more. I was an OG WordPress adoptor and loved building websites for anyone who needed one. I got my early clients from Craigslist and eLance (now UpWork) and started building websites for law offices, consulting firms, non-profits, churches, real estate companies, and e-commerce startups.
A screen printing business specializes in printing images on t-shirts or other items of clothing. There is flexibility to operate such a business completely online or via a traditional store. The store may also offer pre-set options for images and phrases as well as allowing customers to submit their own designs. The ability of such a store to create t-shirts for schools and businesses also provides a great way to build community spirit.
Starting a new business online requires much less risk than investing your dollars into a brick-and-mortar storefront or downtown office. Because your business is based online, you can reach more potential customers, work from virtually anywhere and make money online without large overheads. When I start to blogging, I have some problem with writing texts. And guys from essayforme.org helped me and I was happy. Even if you have a regular nine-to-five job, a side business or a part-time gig means you’ll have extra money for traveling, shopping, or saving an emergency fund.
I can’t say enough about dog walking and pet sitting. I’ve been doing this for over two years, and my business has grown to the point where I was only home 4 days last May. The place I’m at now has a pool, and the next place has a pool table. I love dogs but can’t have one of my own, so I also get all the puppy snuggles I could want. And the startup cost is very low.