The opportunity to cash in on this adventure is still valid but only if you play smart. Buying and selling domain names is a great side business idea for entrepreneurs with strong research skills. Understanding the audience you want to sell to and being able to recognise valuable domain names are the key drivers behind the success of this business and the knowledge comes only with careful research and testing. Check out Sedo, one of the most popular domain marketplaces, to get a better insight into pricing and trends.
If you can attract a regular audience for your podcast, there’s good money to be made from sponsorships and other digital product offerings. At my own day job, we regularly pay $250 to $500 for 30-second advertisements on relevant business podcasts. Check out this episode of the Conscious Millionaire Podcast for an interview with John Lee Dumas, the host of Entrepreneur on Fire, for more tips on how to make money podcasting, including selling online courses, eBooks, and coaching sessions.
Work at home transferring data from one source to another. Most of these companies do not require past experience, although with few exceptions the pay may not be enough to consider it a stable income. Before you begin applying to any of the companies below (many of which sadly are almost never hiring), you might want to read the post I wrote about data entry jobs from home. It explains what your expectations should be prior to pursuing a career in this industry.
Credibility is critical, so it’s imperative that you have a connections in the entertainment business. You do not need to be famous, but you need to have relationships with others in the industry, so they can verify that you have the knowledge needed to teach others the art of acting. If your specialization is in film acting training, you should be a current or retired film or television actor, director, casting director or have similar industry experience. If you’re teaching commercial acting, you should have experience as a commercial actor, director or on the ad agency commercial production side. Your reputation in the acting community and how you promote your credentials will be critical to your success.
Do you play a musical instrument well enough to teach it to others? How about taking your skills at producing music or sound design and teaching others as a service-based business idea based on your experience? Private music instructors in all disciplines charge upwards of $20-100/hr (or more depending upon skill and experience), and you don’t necessarily have to do them in person, either. This makes for a great side business idea that can channel your passion for music into profits.
If you have the gift of gab, public speaking is a worthwhile side business idea for you to pursue. Many authors, medical practitioners, scientists, artisans, politicians, and other subject matter experts earn extra income by delivering speeches, seminars, and presentations. Professional motivational speakers earn an average annual salary of around $90,000 with just that portion of their income, making this a very realistic side business idea while you continue practicing your craft.
So where does the money come in? As your audience starts to grow and you begin attracting more and more traffic, a whole array of different blog monetization options will open up to you. It’s best to choose the most organic ways that won’t detract from your blog’s reputation. For example, if you’re blogging about walking as a hobby, start selling custom walking trail plans or promoting walking boots. As mentioned earlier, it’s best to have multiple sources of income, as any one of them can shrink unexpectedly. The five main categories of income streams that bloggers tend to adopt are:
If you have a knack for connecting with people and the willingness to take on some risk, a commission-based freelance sales role could be a great side business idea for you. Many startups seek part-time and commission-only salespeople, especially when they're just getting started, which means you'll often be able to make this a home based business idea. Develop your sales strategies, become an inside sales rep and perfect your cold calling skills on the side in your free time for nothing but commission, negotiate a little equity and you could profit big time if you're pitching a solid product and the startup succeeds. Start your sales education with the acclaimed books, Secrets of a Master Closer and To Sell is Human by famed bestselling author Daniel Pink and you'll be well on your way to getting this side business idea off the ground.
According to FlexJobs, the top fields for at-home work are healthcare, customer service, sales, information technology, and education. By taking Glassdoor’s list of 2018’s top-paying jobs and comparing it to their list of remote jobs, FlexJobs was able to compile a database of the top-paying remote jobs of 2018. Here are six of 2018’s highest paying jobs that you can do from anywhere in the world.
Because watch repair is very specific, general repairmen may not be fit for the watch repair business. Those who’re experienced with repairing small mechanical items, however, may find watch repair to be incredibly fun. Those who enjoy collecting watches and clocks, too, may enjoy the art of watch repair. As a business owner, a watch repair shop owner will need to have a good handle on management, accounting, and marketing.
AirBnB offers a great resource for people that are willing to rent out a spare room or even their entire home. If you're in a bind for some fast cash, AirBnB offers you an avenue for creating an income. You'll get paid 24 hours after a guest checks in, which is to avoid any problems or potential scams that might arrive. Some people earn their primary income just by renting out rooms or homes on AirBnB.
I also buy and sell moped – little 49 cc Italian and Austrian mopeds made in the mid 1970’s to the 1980’s. These are super cool and command premium prices in cities since they are easy to ride and get 100+ mpgs! I have Craiglist alerts set up in Chicago for mopeds and pounce quickly on the deals. I actually have a storage facility just for my mopeds and still love buying and selling them. These two hobbies of mine are actually great side hustles that I don’t ever imagine stopping.
I also found especially helpful the section on earning "money with ads and affiliates online," and how to run a home business online. Once you have chosen your way to go, the book tells you how to get there with chapters such as "Managing your Money", "Protecting Personl Assets" and even "Working from Home." Especially important also would be the chapter on "Taxes and Deductions."
A relationship coach offers helpful, actionable tips about how to strengthen relationships with romantic partners. A relationship coach may work with husbands and wives, boyfriends and girlfriends, or single people. It's unequivocally different from couple's therapy in that it focuses more on the behavior patterns of the relationship and not as much the thought patterns. It doesn't require couples to delve into their past, or to open up about their innermost desires and fears. It is not designed to address serious underlying issues like mental illness or domestic violence. It’s a method of helping couples or individuals find the motivation they need to tweak their habits, so they can survive and thrive. It helps single people identify what they need in a relationship, and separate those needs from what they want. Coaches help communities by resolving conflict, promoting domestic harmony, and establishing healthier coping skills.
As a result of urban growth, and more people moving to the city where their yards are small (frequently only a balcony), the bonsai tree business has boomed. There is a great appeal in owning tiny bonsai trees, which might be only 18" high instead of 60' high. Business owners can be very successful since both local sales and Internet sales are becoming extremely popular.
Take the time to develop your skills at either making your own music, or becoming a pro at mixing, and your side business idea of dj-ing local events could turn into a much bigger endeavor. Though you'll first need to command a solid knowledge of sound design, mixing and music production before expecting to land your first gig with this business idea, as developing an entirely new skill set is not for the faint of heart.
If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and fund this side business idea. My podcast, The Side Hustle Project is actually my current side business idea, and because I had an existing audience here on my blog at the time I launched the show, I was able to broker a $5,000 sponsorship from Freshbooks to place ads on the first ten episodes before I even got started.
I was a flower girl when I lived in Hawaii, I would work evenings after my 10 hour shift at a resort as a manicurist. The Flower business owner would cut and prepare gardenias, orchids. carnations in a water vial. I also carried Hawaiian Leis . I would drive to restaurants and clubs that she had prearranged permission with the business owners, I would walk around without being salesy carrying my pretty basket of flowers and smile at everyone. The flowers would sell out in a couple of hours and I would go home with an extra 300 to 500 a night. if I lived in a big city now I would do this on my own. it was the easiest money I ever made. some nights I’d sell out in an hour!