From personal experience as a freelance content marketer, I can vouch for the profitability in this industry. I grew my side hustle into a $160,000/yr business before quitting my day job to pursue this business idea full-time; all you need is the right skills and experience to back it up. With startups, established brands, and even notable influencers needing to build credibility and grow their brands, professionals who can serve up compelling content enjoy a huge demand for their services. And, since brands will always need high quality content to bring in new customers, your skills will always remain an asset to invest in—especially since the nature of creating a content marketing strategy is an ever-evolving one. Start by tapping into your existing network with this business idea and begin tracking down local small business owners who could benefit from your marketing tactics, do a bang up job, ask for referrals and grow from there to the point where you're doing blogger outreach and spreading out to a wider market.
Now that you’ve thought through the myriad of reasons to start a business on the side, the next step is to know what to expect. Some people think a side business will be easy and won’t take much effort. After all, it’s a side business right? Unfortunately, that’s simply not the case. A side business has many of the same challenges and issues a full-time business has. Here are a few considerations to keep in mind.
I live in an apartment complex, and there is a husband and wife team who do valet trash pickup outside everyone’s door 3 nights a week. We have to take our trash to the compactor ourselves on the other days of the week, but on those 3 nights it’s very nice to just put it outside our door! They just have a pickup truck & when it’s full they drive to the complex compactor to unload all of it then head back to the next building. It takes them 2-3 hours. The cost is figured into our rent so they are paid by the apartment complex. Smelly but nice side gig!!
Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast (like I did), but that hasn't stopped thousands of people from building successful side business ideas into lucrative podcasts—including Alex Blumberg, founder of Gimlet Media who teaches how to use storytelling and launch a podcast. You can also check out this class from podcaster and entrepreneur, Lewis Howes, about how to make money podcasting as a side business idea, which regularly broadcasts for free on CreativeLive.
As traditional media declines and social media emerges, marketers are increasingly incorporating social media influencer marketing into their strategies. Ste Davies reports that this is both a smart and popular advertising strategy, with 94 percent of marketers saying it’s effective and an increasing number of companies planning on using it through 2020.
Renting out an extra room sounds like a pretty smart idea. App development also sounds like a pretty good idea, I found the link you left about how Benny Hsu made 30000 in 30 days quite useful. I have always been unsure on how you can start a blog but the 6-part video that you left was very helpful to understand how better. I also liked the idea of car flipping. I think it could work quite well especially here in Hawaii. I have personally found that dividend investing to be very useful in increasing income. I was also completely shocked that you can be paid to be someone’s friend. That is crazy that you found that.
×