If you aren’t familiar with the term, bootstrapping, also known as “self-funding,” refers to the various methods entrepreneurs can use to fund their startups beyond funding sources like small business loans. The phrase, based around the popular idea of individuals “pulling themselves up by their bootstraps,” refers to doing something without outside help—in this instance, funding your business.

Knowing your goals for your side business enables you to prioritize your side business and your day job more easily. If you intend to grow your side business to the point that you can quit your day job, you might take a day off work so you can shoot the event. However, if you need the stability of your day job and its benefits more, you'd probably want to turn the event down.


Sometimes it seems like there’s an app for everything. Yet somehow, new ones keep popping up and selling for lots of money, all the time. If you spot a niche that hasn’t been filled to its potential just yet, and you can learn the coding skills (or know someone who already has them), you could be on to something with this side business idea. Today, it's even possible to build an app without any coding skills whatsoever. Just make sure you validate your app idea before jumping too far in. Even if your app business idea doesn't pan out to be a best-seller, you'll still pick up valuable skills.

After you have exhausted your skill set, consider what you may have to offer others. Think about what others want to have done in their life that you are willing to do. Consider all the things people pay for professionally, but would love to save money by paying you a bit less. These 5 examples are awesome in that they come from someone thinking outside the box.
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.
Growing up most people dream of being famous. But truth is, not everyone can sing or act. Fortunately, you can still build a personal brand around yourself based on what you can do. Maybe you have a really cool fashion sense or can bake an awesome cake. On Instagram, anyone can start a side hustle by becoming an influencer. If you don’t like the spotlight, that’s cool. You can build an Instagram following around your dog or your photography. You can monetize your Instagram account in a couple ways: sponsored posts, Instagram takeovers or selling a product on your website.
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:
You can choose to do custom gift baskets, or have a few themed options for customers to pick from. Make sure your baskets are aesthetically pleasing, and build your store to include high-quality photos and clear descriptions of each product. Consider offering promotions for holidays, and giving discounts to repeat customers. Most importantly, get creative and have fun.
Websites aren't too dissimilar to stocks. Many are junk, but some can generate value for you, making it a strong potential business idea if you have an eye for spotting the diamond in the rough That’s why, like stocks, they are bought and sold all the time. You can buy and sell websites as a side business  idea in the hope of generating future earnings based on their user traffic, current revenue intake, domain name, or some other factors that might be a hidden cash cow everyone else has overlooked. Interested? Check out marketplaces like Flippa and Flipping Enterprises to learn more.
Wow that is really inspirational and a breath of fresh air compaired to the typical drive an uber, di gigs on fiverr advice. This brought some new insight. I’m wondering how you handlle taxation on side husttles. Can you just add that income to your tax declaration in the U.S. or do you need to set up some sort of company to be able to do your invoicing etc… ?

That's why I'm a huge advocate of always starting a side business while working full-time, so that you can test your way into your new product or service, get feedback, validate the business idea, and start generating income before you quit your job. If you can master the art of scaling a side business idea while keeping your day job, you'll have no trouble succeeding once you're fully self-employed.


31 Online trading Sites such as eBay and Amazon make it easy for people to dabble in e-commerce. "Start with a clearout of your attic," suggests Dan Wilson, author of Make Serious Money on eBay. "If you start to sell other goods, focus on things you can get hold of easily, or are passionate about. And have an eye on the Christmas market: think about what will be selling well in a few months' time."


Time to get scrappy! Start building it all out yourself with Wordpress or any other free software out there until you can get going and hire/partner with someone. Then you’ll not only have something to SHOW these guys, but it’ll also show *them* that you’re doing what it takes to make this vision of yours a reality and that you’re super passionate about it. Everyone has a million ideas out there and it would be awesome to have partners right fromt he start who believe in it and willing to jump in to build it for free/peanuts, but sadly it doesn’t usually work out that way. Gotta just get out there and start DOING IT and hack it together as you go… If it’s a good idea (and you’re truly passionate about it), you’ll find a way to make it work :)
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.

I started this blog in February of ’08 simply as a hobby, and two years later it became my full-time “job.” when I realized there was money to be made (a total fluke that I jumped all over!) Now, 4 years after that, here we still are and having the time of my life. So you really never know what opportunities are around the corner when you start hustling. But you do need to grab them when they cross your path.
Ahh the wonderful world of freelancing. Freelancing is a bit different than many of the other options on here, but it is equally as lucrative and there are many different ways to go about it. If you have a specific skill that you excel at, you can make money freelancing. And I’m not just taking about coding here. You can earn money formatting Kindle books, as a photographer, as a copy writer, as a virtual assistant or even playing Pokemon Go!.
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That’s my plan. No kids, no spouse, parents deceased. I’ll never be able to retire. On PSLF, but forgiveness not approved until 120th payment. Many are not being forgiven now. I take courses to stay in deferment. FedLoan bases payment on gross; not net. How does that make any sense?! After bills I can’t afford the payment. I have 3 grad degrees. Was supposed to be a psychologist. APA & NCE won’t accept my 15yo degrees for the national exam. So I teach at a CC. Over 180,000 in debt now and it grows monthly.

Consider whether you'll need to lease office or retail space, or whether you can operate your business from your home. If you're thinking of running your side business out of your home (whether long-term or just at first), you need to check the zoning regulations in your city or county and make sure home-based businesses are permitted. This may be a problem particularly if you plan to invite customers or clients into your home on a regular basis.
Before we go here, just wanted to share with you a great mindset to get into to help motivate your side hustlin’ even more. I call it the “Gigs For Goals” mindset and the idea behind it is that you attach all gigs of yours to a specific bill or a future want/need. If you can match them up to break even, you’re golden! If you fall short, you need to re-arrange your wants and/or start bringing in higher income streams to match ’em. It looks like this:
It’s not the sort of side business idea that’s covered in glory, but someone needs to make sure all the numbers add up at the end of the year. Every business and most individuals need someone with the domain expertise to help prepare tax returns, especially time or resource-strapped small business owners. Majo Jacinto in his Udemy course provides an in-depth foundational understanding of how to prepare tax returns (and stay current with ever-changing laws) that'll certify you with tax prep skills in as little as a few hours of training and practice.  Then once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, according to CNBC.
There’s a huge online demand for English teachers who have the patience and willingness to regularly coach people over Skype. What’s more, is that you can easily make upwards of $25 an hour from people in places like Hong Kong or the United Arab Emirates, and it can even open doors to travel the world. While full ESL (English as a Second Language) accreditation is recommended, you can qualify as long as you’re a native speaker. Sites like Indeed, Learn4Good and Remote.co often post remote English teaching jobs, but stay abreast of the latest postings because available opportunities and fees vary.
Did you know you can rent your room or house out at Airbnb? They have been around since 2008 and millions of people have been renting out their rooms or entire homes to travelers from all over the world. If you do this right, you may be able to cover your entire mortgage! If you’re going to be gone for a month or two, you may as well allow your space to make money while you’re gone.
A while ago, I argued the best company for me isn’t necessarily the best company for you. I still stand by that statement. But many of you have been pounding at my email door and practically twisting my arm asking me for my personal favorite legitimate work at home companies. I was apprehensive about revealing this information because I really want you guys to take action on any legitimate work at home opportunities. But after giving it some thought, it made sense for me to provide you with a few of the ones I do actively work with, to get your started. But keep in mind I still believe that you should make decisions based on what's best for you. So with that said, check out my latest video on one of my favorite BBB listed work at home companies. I’ve been working with this company for years and have made some great money and also acquired a lot of free gadgets such as TVs, Ipods, and much more. (The gadget thing will become a lot clearer when you watch the video.) In either case this company has consistently made me money and has a good standing among work at home seekers that are smart enough to join the company and take advantage of all the ways to earn with them. Hopefully you’ll enjoy the video and will decide to join the company I’ve recommended.
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.

Hello and thank you for the great article. I have been reading where you can use side hustles to contribute to self-managed retirement plans (aka Self 401k). Many of these gigs seem cash based – anyone out there contributing to their own Self 401k/Sep/Easy accounts? If so, what documentation is required to support the connections between the side hustle and the contributions to the self managed retirement plan?

It sounds too good to be true—getting paid to represent your favorite brands at events across the nation. But, if you have a friendly and outgoing personality (a growing social media following helps too), you can forge a potentially paid relationship as a brand ambassador with companies who want to reach other people within your community with this  side business idea. As a Brand Ambassador, you do anything from demoing the latest technology, to passing out free swag at music festivals, to going on nationwide tours, to pumping people up as a mascot, and more. Depending upon the gig, you can expect to earn anywhere from $18-$100/hr. You can get started as early as this weekend by joining the Brand Ambassador Facebook group for your nearest major city (e.g. join the "Brand Ambassadors of Seattle" group if you live in/near Seattle). Once you've been approved to the group, you'll get access to daily job postings from big brands and agencies with opportunities in your area. All you need to do is submit your resume and headshot to apply. For a step-by-step guide on how to get hired for the best gigs and the highest pay rates, I recommend checking out The Brand Ambassador Blueprint.


Being a Loan Signing Agent is a great side hustle because you can make $75 to $200 per hour-long appointment working for yourself on your own schedule. Retired people, working professionals, and students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!
Are there people at your full time job who come in with an expensive coffee each day? If you have a machine at home that could recreate that same beverage each day, offer your services at a reduced rate. I knew a woman who provided coffee for four of her coworkers every day. She bought travel mugs inexpensively and made coffees to her coworkers specifications. They were available every morning, hot and perfect for just $1 a day. This saved her coworkers $3-4 each day and made her money on the side. Plus, she was already making her own coffee, it didn’t ake much extra time in the morning to make a few more.
Fitness trackers can help to monitor steps, heart rate, calories burned, sleep, and much more. You don’t have to actually design your own fitness tracker- you can display the types of trackers you want to sell, then find a dropshipper. Basically, this means that the product is ordered from your store, the shipped directly to the customer from the dropshipper (or company).
We’ve all dreamed about having a massive social media following and it’s actually much easier to achieve that you think. There are plenty of automated tools to help you grow, all you need to do is post consistently (that’s how I built my Instagram account to >10,000 users in 3 months!). Once your following is large enough you can begin to charge for shout outs, product promotions, etc. and drive traffic to a blog or email list.
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A drone photography business is a wonderful opportunity for anyone who wants to make good money by combining their love of photography or videography along with their passion for flying. There is a high technical barrier to the business, so it is critical that potential business owners are dedicated to achieving a high degree of technical fluency. A drone photography business usually requires a lot of traveling to clients, so you will need to be comfortable with possible overnight travel.
This product has really exploded onto the market over the last few years, and new kinds are coming out all the time. This is an item that is popular with a huge portion of the population. The branding you use will depend on whether you sell your own product or partner with a larger company. Regardless of your choice, you will need an appealing storefront, which Selz can help you achieve.

Job description: "Join a technology-first team dedicated to building the greatest recruiting software available. You'll enjoy working on the latest web technologies in our ever-evolving stack and have significant input into product direction, technology decisions and development priorities. You'll be adding features to our ATS product and growing our services, as well as helping to maintain our application, write automated tests, work with other developers remotely and deploy code to production regularly."
If you know a thing or two about paid internet marketing and are comfortable with Google, a great way to make some extra income as a side business idea is to sign a freelance contract to manage a company’s Google Ad Campaigns, and gradually start bringing on more clients as your consulting business grows. Just be sure to brush up on all the right business slang and industry jargon that's pervasive in the online marketing world before you launch unprepared into this side business idea.
Many small businesses need a social media manager and simply don't have the time nor the expertise to be constantly posting on social media platforms like Facebook, Instagram, SnapChat or Twitter. Take it upon yourself to contact local businesses and offer up your services for a contracted monthly fee. This is an easy way to make money no matter where you live.
Use a platform like ACX to create and sell audiobooks on platforms like Audible and iTunes. If you have a great idea for a non-fiction audiobook where you can teach a difficult skill like stock trading, foreign currency investing, accounting, online marketing or others, you can easily create a five-figure monthly income with the right volume of audiobooks.
Job description: "Join a technology-first team dedicated to building the greatest recruiting software available. You'll enjoy working on the latest web technologies in our ever-evolving stack and have significant input into product direction, technology decisions and development priorities. You'll be adding features to our ATS product and growing our services, as well as helping to maintain our application, write automated tests, work with other developers remotely and deploy code to production regularly."
I created an “Every Day I’m Hustling” shirt and sold enough for the campaign to ship, but didn’t earn much on the experiment because of some not-very-effective Facebook advertising. Still, some opportunity here and a friend of mine is doing REALLY well with this. If you can create awesome designs and reach the right people with good Facebook targeting, Teespring can be very profitable.
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