Obviously, this business is good for those who are great at taking tests and have already taken many standardized tests. It is a great business for a current or former educator, as this helps you in teaching fundamentals of test-taking to customers. Above all, it is great for those who want to improve their local community by helping people get into the universities and programs of their dreams and better themselves.
Obviously, this business is great for those who are already fit and have worked hard to create an exercise and health regimen that works, as they can use their personal experience to help educate others. It's good for someone who is a “people person,” as the entire job revolves around regular interaction with a diverse clientele. It is also good for someone who is a natural leader—just as a good manager or coach helps people to visualize and then actualize success, a good personal trainer helps clients visualize a healthier self and provides a pathway to achieving that goal.
Yoga is getting ever more popular, which means yoga instructors are more in demand than ever—making this another physically rewarding side business idea. Link up with a local yoga studio to teach nightly classes or offer personalized yoga in-home at a higher rate to pursue this kind of emotional and physical balance with others, during your free time while helping your bank balance, too.
Believe it or not, this freelance bike messenger makes more money than some people glued to their office desks. You won't rake in a whopping $50,000 as this guy does by just doing this in your free time as a side business idea only, but you’ll surely get a piece of the action. Even Uber is trying out a blueprint for a delivery service, and companies like WunWun and Amazon are stepping up their efforts to expand same-day delivery, increasing the demand for more to jump in on this business idea. If you have a decent bicycle, those pair of pedals might just earn you a healthy side hustle income.
Make extra money providing a simple service that’s like going for a walk! For over 30 years I’ve been cleaning up litter outside retail, office and industrial properties. I simply walk the property and clean up litter with inexpensive hand tools. Great side hustle as the work needs to be done before the businesses open for the day. I’ve written a book, Cleanlots, that details how to get started.
Counted amongst the most valuable tech giants, Amazon is also a massive global market where virtually anyone can cash in on the rising tide of eCommerce if you have the right business idea. But, like everything else that involves money, you have to do quite a bit of work to earn it. In this case, you need to do tons of research (looking for generic products such as clocks, key chains and mugs to attach your brand to) as well as developing a sensible inside sales strategy that'll help you generate profits from your private label side business idea. For an incredible deep dive on how to launch this kind of business idea, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
But that was 2007, and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. According to the Bureau of Labor Statistics, freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here. The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020.
With made-to-order fashion going mainstream, this industry is fueling a lot of side hustle opportunities. If you know how to mend clothes, then you have a growing market of budget-conscious and personalization-obsessed customers readily available. As long as you can get your hands on a commercial-grade sewing machine, start by offering to partner with local drycleaning and laundry services in exchange for referral fees every time they send you a new customer.
The most important lesson here is not to leave too early. Take it from someone who got all excited about her income potential and left a great job she probably should've kept working for a few more months. You not only want a healthy amount in savings for the transition, but you want to have a business that makes close to your same level of full-time income.
Job description: "As a member of our front-end engineering team, you'll have the opportunity to enhance our users' experience by proposing and implementing improvements and new features in a variety of apps. We are looking for highly communicative, auto managed, hard-working guys with great tech skills. You are expected to learn from and contribute to team knowledge. As part of a successful growing startup, you will be involved in the whole product development flow, and your voice will be heard!"
If you speak like James Earl Jones or Scarlett Johansson, quite a number of digital publishers (including game developers, animated film-makers, and training video producers) pay good money for voice talent and the time investment isn't too intensive—making this a great side business idea. You can find these publishers looking for voice-over artists on sites like PeoplePerHour, Freelancer and Upwork, as well as their calls for talent directly on their websites or through voiceover agents. If you do pursue this as a side business idea, be prepared to invest for the long-haul as it can be a very competitive industry.
On top of just the skill and experience components to being a successful online coach, this side business idea is all about building a community around the help you're offering and fostering trust with members. Plus, your community members will learn from each other along the way. Creating the space for that community can be as simple as setting up a private Facebook group or choosing a community-building platform like Ning.com that has even more capabilities like using your own custom URL, having internal forums, customized designs, and more.
Don’t freak out about not being able to code just yet – you can build and sell websites on Flippa without any coding experience. Flippa is a marketplace for buying and selling web businesses, apps and domain names. It’s a godsend for savvy entrepreneurs that are always brimming with ideas for new hustles. In essence, this is how it works: you brainstorm a startup idea, secure a catchy domain name, use a WordPress theme to build it out and make it look appealing, and then sell it in an auction on Flippa. Alec Larson has been doing this for some time, and claims to be making $1,000 to $1,500 on Flippa every month. There’s no clever secret behind this – you come up with compelling ideas, flesh them out and sell them to eager entrepreneurs. The essential upfront investment is minimal: starting a website will cost you $2.45 a month, including a free domain name registration, plus your time and effort to put the pieces together. Certainly worth a try.
A test prep business often helps prepare customers for tests such as the SAT, ACT, GRE, MCAT, and LSAT. The business may also help customers prepare for other tests. You may instruct clients by themselves or as part of a group. Your business may be located in a separate office, or you may visit clients; alternately, you may conduct lessons entirely online via services such as Skype.
Have some extra space in your home? Turn that extra bedroom into a “bed and breakfast” room. If you live near any sort of tourist destination, you can try your hand at renting out a room through Airbnb or CouchSurfing.com. You may also find paid hosting opportunities in your community: Sign up to host exchange students, visiting professors to a nearby college, or hospital patients receiving long-term treatment.
If editing and advising college students on how to write compelling 500 word essays on topics such as "You were just invited to speak at the White House. Write your speech," seems like a compelling business idea to allocate your free time towards, trust me—tons of parents will pay you to edit admissions essays and offer constructive feedback for their children. Be careful not to blur the ethical line of actually writing their essays, but serving as an editor to help them convey their message can become a great side business idea that has the potential to spread by word-of-mouth referral in your community.
Someone out there is remodeling their kitchen and needs to know which shade of granite will match best with mahogany flooring. That someone will often be happy to pay you for your advice, especially if you’re the kind of person that subscribes to websites like Contemporist and you have the motivation to turn this business idea into a money-making enterprise.
This article is excerpted from U.S. News money senior editor Kimberly Palmer’s book, “The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life,” which was released this month. Copyright © 2014 Kimberly Palmer. Published by AMACOM Books, a division of American Management Association, New York, NY. Used with permission. All rights reserved
How can you avoid that? Start a side hustle you can fund through savings -- or better yet, that you don't need to fund. Provide a service that only requires the tools you already have. Sell products you either make or can procure by consignment. Prove to yourself that there is a market -- and that you can serve that market -- before you take on any debt.
Here’s how it works: some parents (more than you might think) are incredibly busy with the demands of work. And often, their kids miss out on important skills like learning how to ride a bike, pee in the potty, or throw a baseball. So these busy parents hire a child life coach to fill in; the coach teaches their kids these important skills. You don’t need sterling credentials, and the amounts parents are willing to pay for a quality coach is incredible!
I have been considering trying number 5, baking cookies and desserts for people. I have a huge sweet tooth so its already something I like doing. I just wonder how much time this would consume and how much money someone could actually make. I could put an ad online or in the paper and offer to bake goods for parties and events. Maybe one day I’ll actually try it.
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.