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.
Live in a destination where travelers frequently visit? If you love meeting new people from around the world and also love the city you live in, starting your own local tour company is arguably the best business idea that will give you both of those perks. Take a unique spin on your local tour business like Erik from Vantigo. He was starting his VW van tour business in San Francisco as just a side business idea while he was still working a full-time job, and grew it to being a sustainable source of full-time income before quitting—now he's running a multiple van tour company on the back of what originally began as a crazy side business idea.
Regardless of your status, you can become a virtual yoga coach. Consider offering private lessons online via Google Hangouts or Skype; or even making and selling pre-recorded videos that your clients can follow at their own convenience. With so many people traveling for business or pleasure these days, this is a great way for them to stay connected with their practice, regardless of their physical location.
It’s funny that you put baking of all things on this list. I’d often considered the idea of baking cookies and things and selling them on Facebook garage sale sites and things like that – until I made Christmas cookies last week and found out how difficult it is. Let’s just say it gave me a healthy appreciate for the people who make all the tasty desserts I regularly enjoy!
This business consists of an individual, or a team, who are hired to take quality pictures of properties for sale. The purpose is to attract potential buyers who view the property online. Due to the competitive nature of the real estate industry, the demand for quality property photos is elevated and perpetual. Proper lighting and point of view helps a property stand out above the competition, driving potential buyers to view the property.
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.
This list offers some great ideas and inspiration for folks looking to increase their income. There’s really no reason that anyone with some ambition, a good work ethic, and “people skills” can’t earn some extra money (or a full-time income) pursuing some of these self-employment ideas. I’ve done a little research, myself, to compile a list of small business ideas, and stumbled upon a few possibilities which you didn’t cover:
Cycling is a popular sport in the United States, with people regularly using bikes for fun, exercise, and transportation. In 2015 alone, 17.4 million bikes were sold in the country. As bikes are used, they occasionally break down -- and most people aren’t well-versed in repairing bicycles. A bike repair business fixes and refurbishes bikes for customers when their rides break down.
Nothing beats playing your favorite game. But getting paid for coaching a sports team and staying close to the action is the next best thing. Not only will you learn new skills, you’ll earn money getting your team into shape with this side business idea. The median pay for sports coaches clocks in at $30,400 according to the US Bureau of Labor Statistics. Expect to have only a slice of that if you’re signing up for part-time coaching as a side business idea only.
Everyone that buys a painting or has a nice photograph or a portrait made of their family may also need to have that work framed. Framing requires a specialized skill set that includes having craft-person talents, the ability to do simple carpentry, to know how to safely run a table saw, and have a good eye for pleasing aesthetic designs. You will need to understand color combinations and how to make a painting or a photo nicely framed to fit in well with the intended surroundings.
I’ve heard this (okay, I’ve been that person) so many times. There is so much mythology and complexity around what it takes to go from idea to income. In the world of entrepreneurship, the lore has become, “you’ve gotta be all-in, all the time” if you want to succeed. Truth is, that’s a complete fiction. And, what if you don’t so much want to built the next mega-company, but instead would love to just do something you enjoy on the side that also happens to generate a nice bit of extra cash?
In fact, many business owners start their businesses as side ventures. They don't quit their day jobs, but instead use the skills they've learned to start that side business. They aren't expecting these businesses to pay the bills, but they don't limit themselves on growth either. Starting small keeps the startup costs low. If it does fail, they have lost very little. How do you start a side business? Here are a few tips.
If you’re stuck here, research your competition again and talk to people already doing what you want to do to see how their first six months went. People love to talk about themselves and share their stories, so don’t be afraid to reach out to someone and ask to talk with her only to hear about her story (don’t ask for anything in return, though, just ask to hear her story).
People who are passionate about music and can play at least one instrument well may be interested in starting a music lessons business. Music teachers in schools and band members are especially qualified, as they both have credentials and connections to people who love music. People don’t have to be a music teacher or in a band to start a music lessons business, though.
A portrait photography business provides high-quality, professional photos of individuals and families. Many businesses offer specialized services for things such as school photos, holiday cards, and family portraits. Because of the ability to offer these useful services year-round, portrait photography businesses play a vital role in the communities that they are located in.
The first obstacle everyone encounters when starting a side hustle is the idea. There have been a lot of articles published with “business ideas you can start this weekend.” The problem is, these “business ideas” consist of things like delivering groceries, babysitting, getting a minimum wage job or even becoming a barber (I kid you not, that was a real suggestion). Those are all incredibly lame options!
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.