You don’t need to have a degree in journalism to be a reporter these days (and pursue this business idea). Plus, there are many news websites that can always use a bit of help on getting local coverage. Some of them, such as The Examiner or HuffPost, will compensate contributors based on ad revenue generated per article written—a great incentive to provide compelling content to news organizations as your side business idea.
Obviously some of these small business ideas have more earning potential than others, but what they all share in common are relatively low barriers to entry and the flexibility to work at them for a limited amount of time per week. I also tried to focus on side business ideas that have some sort of online component to them, since that's what I love most.
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.
Consider your business plan to develop a picture of goals and timelines. For instance, if you want to turn a side business into a full-time venture later on, come up with a rough idea of when you’d like to begin this transition. Create a schedule by mapping out yearly, monthly, and weekly goals, and keep track of them along the way. Making and meeting goals will help you stay on your timeline, which will help ensure your business’ success. On the other hand, if you don’t intend to leave your full-time job, determine how much time you’re willing to put into it on a daily and weekly basis, and then create a plan to help you stick with it.
40 Selling ad space on a personal blog This is not a big money-earner to start with but could be if you work at it, reckons Birtles. "Set up your own blog (do it for free with blogger.com) and fill it with great writing, photos, videos and anything else you're passionate about," she advises. "Get ads automatically through Google Adsense and make a few pence every time someone clicks on an ad."
While the barriers to entry for a retail shop can be very high, one way to keep costs down and limit your time investment while you keep your full-time job, is to set up a weekend popup shop as a side business idea. More of whatever it is you’re selling—donuts, clothing, antique baseball cards, or anything else—will stay in your pockets instead of going to pay for operating expenses such as rent or utilities by choosing to pursue retail as a side business idea with a short-term rental. This guide from Shopify will give you a step-by-step process for getting your popup shop off the ground.
Did you major in a subject like English, history, or math in college, or do exceptionally well on the SAT exam? Do you have patience with children? If so, you likely have what you need to tutor kids in particular subjects. Seek out parents or teachers and let them know that you tutor students in a certain subject, and offer materials for them to share, and phone calls will often trickle in. You can get going locally or expand across the country by offering to tutor online.
20 Making greetings cards If you're the kind of person who loves making things, why not try your hand at cards? Ask a local shopkeeper what kind sells best and follow their advice, working to a distinctive style of your own. Then try selling to family, friends and local businesses. Be mindful of material costs and time taken though, as wastage can be expensive in such a low-value product.
The items you are selling should have some type of certification or grade so customers know that they are the real deal. You will want to have a professional storefront, which you can easily put together using the Selz store builder. Reviews are also very important in this line of business, so don’t hesitate to ask previous customers to drop you a line with their thoughts.
A ballroom dance business provides ballroom dance lessons in a well-appointed studio. It can train teams that participate in national or regional competitions and also provide dance lessons for those who simply want to learn how to dance. A ballroom dance lessons business may be associated with a recreational center or a club, and may offer classes for both interested dancers as well as teachers.
It’s a big risk to leave a stable job and venture out into territory unknown, which is exactly why many people decide to test the demand for their new business while still enjoying the benefits of a full-time salary. This works particularly well if the idea is new or you aren’t sure whether or not the product will go over well in your area. By not committing full-time to the business, you can maintain a safety net in case it doesn’t go as well as you hope.
As I already mentioned, I started a blog while working full time, babysitting, and freelance writing. Eventually, I wanted to build a scalable business, so I quit babysitting and freelance writing, but I initially used money from those jobs to help grow my blog. I needed that income for the side jobs (babysitting and freelance writing) to help me grow my side hustle (my blog). So, you can find ways to grow your side hustle by adding in a side job to the mix while you need it. I highly recommend it!
42 Selling lost luggage Auction houses round the country routinely sell off lost luggage that the airlines have failed to match with their owners. "For example, Greasby's in south London sells off BA's lost items every week," points out Birtles. "You bid blind on bags that have had the expensive stuff removed (cameras, iPods etc) and then sell the bag and contents on eBay or at a car boot sale. Bags generally go for between £5-£50. Your profit depends on what's in them!"
Coming up with a good idea isn’t a static process; it involves a lot of trial and error. The best way I’ve found to generate ideas is to write and write often. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them. To help, here’s a list of 50 business ideas you can begin building as you continue plugging away at your 9-to-5.
Do you love to write? Are you an expert in a certain field? Is there a topic that you are particularly passionate about? People love the ability to carry knowledge around with them on their phones, tablets, laptops, and Kindles! Making eBooks is an excellent way to get your work out into the world and make a buck on the side. In fact, self-published eBooks account for 22% of all eBooks purchases in the United States (source). In time, writing eBooks could even replace your 9-5, but you’ll need to find a place to market and sell your work where it will get maximum exposure.
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.
The good news about starting a side hustle online is there’s no age cut off, no employment reference check, no having to get dressed for a job interview, no having to ask for a raise, no having to work around people, no having to get dressed for work, and you can take as many breaks as you desire all while still getting paid. Only thing is, you have to put away your own money for retirement (if you do decide to later on), pay your own healthcare, and money for additional costs.
A person has a better opportunity at building a stable career off of affiliate marketing, blogging, and side hustling alone with the goal of becoming a future “side hustle millionaire.” Side hustles online are by far the best form of job security because you’re using your kinetic energy to build yourself up to ultimate wealth and not an unthankful employer.
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).
If you’d rather trade time for money you might choose to get a part-time job. Side jobs to make money include: dog walking, babysitter, restaurant server, receptionist, administrative assistant, or barista. You can also find part-time jobs within your industry. Maybe you’re a full-time marketer who takes on a part-time social media gig. The only downside to a part time job is that you need to invest your time for money. And time is your most valuable luxury. Part time jobs don’t scale as well as an online business would. Meaning, your total earnings get capped.
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.
Have you ever dreamed about writing a best selling book? Well, Amazon’s self-publication platform Kindle Direct lets you do just that. With the right market research you can write your category killing book and sell it to the masses without dealing with the cost and bureaucratic hassles of traditional publishing. The best part is, once you’ve published the book, it will continue to bring in revenue month after month with little effort on your part! People are earning anywhere from a few hundred dollars to well over $100,000 publishing on Amazon.
Photography Tip: If you plan on selling your photography on a stock photo site, it’s a numbers game. The more pictures you take and upload, the better chance you are to be found. You’ll need to make sure you use the right tags so that people can easily find your photos. The more pictures you take, the faster you’ll develop your photography skills over time. So it’s an all around win.
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.
I’ve always been interested in the idea of self-publishing, but I am not entirely sure how to do that. I’ve researched it and created an account on Amazon, but how do I know that I can trust the cite with my bank account. I’m also not sure how to know what price I should sale my book at. The tax information is confusing for me too. I am not a numbers person. Just getting through reading all the terms and conditions of publishing on Amazon took me a while. Any advice?
This doesn’t mean that if you’re busy you can’t find time to side hustle, it just means that you should calibrate the difficulty of your side hustle based on the amount of time you have. I know many families who work side hustle at night after their kids go to bed and some who even bring their kids along on the weekend. They are able to do it, because they schedule their time well and they just really want it.
Transcription work from home jobs involve listening to audio files and typing out what you hear. While some types of transcription (such as medical) require training, it is possible to break into general transcription with little to no past experience. Before you start digging through the companies below, you may want to read this post about what general transcription involves and this post about the equipment transcribers use.
Similarly, if you have a particular financial goal in mind, working a side hustle can help you get there more quickly. Imagine you're aiming to buy a home and need $20,000 for a down payment. If your current salary and expenses only allow for $300 a month in savings, and you manage to earn another $300 a month from a side hustle, you'll reach your goal in half the time.
Let’s say that your friend has a product. They want to sell a million units on their website but there’s one little problem…They have ZERO idea how to market online. Being the digital marketing guru that you are, you offer to help drive traffic to your friend’s product on the condition that he pays you 2% of each sale that you influence. That is affiliate marketing.
When your readers click on a link, they will be directed to the company’s site, and you will earn a commission either from the traffic you direct, or from a purchase they make on the site. Besides links, you can also put visual ads for the company in the sidebar of your page. Your job is just to continue producing original, relevant content, and you will be able to gradually establish a profitable side business.
It’s very important to set boundaries with your clients in order to maintain your schedule. For instance, if you only want to work one day a weekend so that you can spend the other with your family, be prepared to lose some business when you don’t cater to the more demanding clients. With a set goal in mind, it will be easier to stick to your guns and not compromise your other priorities. Remember, if you know where you’re going before you start, you’ll have a much easier time getting there.
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.
The remote workforce is increasing, and if it’s something you’re interested in, you have more than enough options for whatever suits you and your career path. These are just the top-paying remote jobs — Check out job search sites to find the remote job that works for you. After all, who wouldn’t want to be more productive and cost effective, less stressed, and more engaged overall? The average American will spend one-third of their lives at work. It’s time to make your job work for you!
If trends hold steady, there will be an estimated 6 billion smartphones in the world by 2020. This is an incredible opportunity for those who want to break into this market, as there will be increased demand for products to protect these expensive investments from dents, scratches, and breaks. The majority of phone cases are sold online to decrease overhead costs. However, retail storefronts can be a good investment for entrepreneurs depending on the target customers.
Have you been spending hours upon hours searching through job boards for a legit work at home typing or data entry job but keep running into jokers asking you for money to work for them? Shouldn't it be the other way around? After all that's usually how a job works. Well if you're fed up with the scam artist lying to you, you should read the following article to discover companies ready to hire you for typing and data entry. Don't worry, it won't cost you a dime. And to help you further, I'll also reveal a way to make money at home that will pay you more than you've ever earned with a job if you're interested.
"Chris Guillebeau is back with another book that will teach you not just how to earn more, but ultimately how to live better. He says we can all benefit from a 'side hustle,' work you we do in addition to our day job. And he shows us how to make it happen. In fact, if you follow Chris's guidance, you can establish your own side hustle in just 5 week. What’s stopping you?” — Daniel H. Pink, bestselling author of Drive and To Sell is Human
Stress management training can increase a business’ profitability by giving employees the tools they need to manage difficult emotions or particularly taxing situations. Hiring a counselor who can impart the wisdom employees need to keep their cool and maintain their quality can be a huge boost to their bottom line and it can even increase employee loyalty.
If you love to travel and find yourself frequently searching for airfare sales or browsing sites like Lonely Planet, why not monetize your knowledge as a private travel consultant? Start with friends and family who know they can already count on you for cheap flights and amazing activity recommendations. Ask for referrals and sign up on a site that connects you with travelers, such as Plansify. As a Plansify Travel Advisor, you can start connecting with a larger audience of people seeking your advice. Most registered advisors charge $12 to $30 to answer up to three traveler questions, and $50 to $75 for a one-hour Skype session.
Whoa! This list is massive. There are so many awesome side hustle ideas out there. Thank you, Nick, for bringing so many to light! You have done a lot of research here and it shows! This is a topic I love to talk about myself. I even have a list of side hustles for millennials to start this weekend here: https://missmillmag.com/career-alternatives/7-easy-side-hustles-weekend/ I would love for you to check it out.