Virtual reality is a huge field of growth in the tech world, with potential applications in education, medicine, and, of course, entertainment. Everyone wants to explore new worlds, and VR headsets and goggles allow consumers to do exactly that. There are a various types of these products available, so it helps to be knowledgeable about the different brands and how they work.
In the last few years, I’ve created online courses, launched a self-published book (under a fake name—not proud of this one), done marketing consulting, launched an email course, Airbnb-ed my apartment, traded stocks, bought cryptocurrency (my best investment to date), bought a condo and put it on Airbnb, wrote a book (a better one), bought a business, put affiliate links on my site, given paid talks, written book summaries, and built an affiliate site for a basketball dribbling course I never took (also not proud of this one).
Like many of these side business ideas, selling sunglasses is a business you can start by hand-making your own product or outsourcing production to a company. You will need to decide on your niche- do you want to sell a certain kind of glasses, a certain brand, or just a style that speaks to you? Once you’ve settled on this, you will need to market hard.
Dropshipping Tip: Want to start your own dropshipping business? Sign up for Oberlo on Shopify. The Oberlo app allows you to choose from millions of products that you can start selling on your store today. Plus, it automates several parts of the business process. You can add products in a simple one click and process orders with the same swift action.
Similar to selling on Amazon, eBay is a place to make money selling just about anything you can think of as a side business idea, with the added excitement of using the auction selling model to sometimes get way more than you expected for that antique baseball card you picked up at a local street fair. To turn your eBay selling into a legitimate business idea, look for opportunities where you can buy in-demand products at a discount—and later sell them for a profit. Eventually, you can even take the lessons learned from your eBay store and build a full on blog or eCommerce business like what the team over at Gear Hungry has done.
First, decide the composition of your target audience. Are you going to focus on aging skin-care products, or cosmetics for teens and tweens? Do you want to hit the burgeoning natural product market? Once you have a sense of who you are selling to, you will need to decide if you want to make your own products, or work and receive commission from a larger company.
Once you’ve established yourself in any number of freelance verticals online, spending your time focusing just on doing inside sales (booking freelance contracts with high-value clients) and then subcontracting your work out to other freelancers can help significantly grow your client list, and revenue generating possibilities with this business idea.
I struggled with creating spreadsheets to track my progress because it’s the least sexiest thing about blogging (for me, anyways!). But since I started doing it the right way, and checking in to update my progress every Sunday night, I can evaluate what’s working and what’s not. The results have been amazing. I wouldn’t be able to get this type of insight without tracking my numbers.
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.