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Freelancing can be an excellent way to take your existing skills and channel them in a direction that can generate income. Are you a writer? Consider using freelance writing to fund your startup. Flexible hours, ability to work from anywhere, and virtually no materials needed beyond your computer and internet access—freelancing is a dream side business.
Mechanical Turk operates much like TaskRabbit and GigWalk: it’s a corner online where Amazon gathers tasks to be done, people willing to do them, and people willing to pay for them. On Mechanical Turk, you get to do the oddest jobs you can imagine as an online business idea, made possible by a parallel online universe that runs on hits, visits, surveys, reviews, pins, likes, CPCs, reads, and other metrics. But don’t get too ambitious. The small sums being paid out to human Mechanical Turk users rarely add up to anything seriously substantial, even if you invest most of your spare time into it. It's a better opportunity for internationally-based people with internet access and lower costs of living than in the US. Here’s one person’s account of his former life as a Mechanical Turk talking through how he got started with this business idea and what the experience was really like.
If you start babysitting when you’re younger and gain experience, you can charge more. Parents love to be able to go out to dinner and know that they’re leaving their kids with someone trustworthy. Start small by offering to babysit your friends or neighbors’ children and then make sure you advertise your services on Facebook as well. Do a great job, and your business can grow simply by word of mouth.
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.
Then you can move on to more immersive sales education through online courses like Sales Training and Prospecting on Udemy, The Guide to Pitching and Selling Clients on CreativeLive. Once you're ready to put your selling skills to the test, check out Angel List and see if any sales position opportunities align with your interests—the last thing you want to do is get stuck selling products or services you're not interested in. However, by starting out your sales career as a side business idea, that gives you the flexibility to easily change courses if you ever need to.
Dreaming up, building and marketing an online store can be tough if you’re in a full-time job (be prepared to sacrifice your evenings and weekends). But once launched, an eCommerce store is one of the best ways to make money from the internet. It all begins with finding a profitable product niche. Something as simple as selling durian fruits online can turn out to be a winner, so don’t scrap any of your ideas without further research. Whether you’re making, manufacturing or sourcing your products from a supplier, it’s a good idea to think about private labeling and branding from the start. If you manage to establish a solid online presence and your side project takes off, you’re looking at an opportunity to earn a six-figure amount from running a branded online business.
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.
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.
One thing I tell people about the online side hustle is that it’s going to take a good while until they start seeing good money by working from home or anywhere on their laptop with their side hustle business. This is why a bridge job is good for some people to have while they’re working on side hustle entrepreneurship. I’m so happy to hear that some side hustlers that started out with next to nothing online with very little to their life savings ended up becoming Internet millionaires. Some Internet millionaires world on food stamps, unemployment, living at home with their parents, unemployable, and the list goes on.
Client-based: These photographers are hired by different clients and charge a certain rate per hour or per session. Their clients range from individuals, couples, families, advertisement companies, fashion brands, travel agencies, schools and corporations, etc. For instance, wedding, portrait, and headshot photography are all client-based business models.
Money. Who couldn’t use a little bit more of it? Whether you’re saving for a down payment, planning a wedding, trying to pay down debt – ugh, will those student loans ever go away? – or putting some savings aside for a rainy day, a little bit of extra cash can go a long way. Your day job might help you pay for the essentials. But a side hustle, that’s the game changer that’ll make a difference in your wallet while giving you the freedom you’ve always wanted. So here are the best side hustles that’ll help you make more money.
Great read Lauren, always looking for extra ways to make cash. I just wanted to share something I’ve been doing recently. I run an office and have noticed that unused toner was piling up in storage. Looked into returning but that was no good. Tried out the site http://www.tonerconnect.net/ and was impressed. They had quick service and that payout was nice.
While this suggestion could not be further from the standard small business loan, it cannot be denied that the strategy paid off. The company has now earned around $1.65 million in seed funding from Andreessen Horowitz, CrunchFund, Spark Capital and Chicago Ventures, and has been named one of the Top 5 Silicon Beach Startups to Watch by Entrepreneur.
I also recently wrote a blog post on Free SEO Tips for Bloggers that has been viewed over 100,000 times and is bringing in an additional stream of SEO clients. If you happen to want to take your traffic to the next level, hit me up if you are are in need of SEO consulting. This is a really in demand side hustle and can be done from anywhere in the world. In total the SEO work I’ve done has resulted in hundreds of millions of additional traffic, which I’m super proud of.
EatWith is a great way to test the waters as a chef for your side business idea, and if you have enough rave reviews you might be able to turn your knife skills into a full-time endeavor where you're leveraging your network to book catering events. This side business idea is built heavily upon getting happy referrals, so be sure to over-deliver for your first customers, and ask if they know anyone else who could be in need of your catering services.
For instance, if you need a website, why not contract with the tech guy from your day job? Need an accountant? Someone in the accounting department may need income on the side. However, make sure they understand to keep the work separate from their day job, just like you do, and that they’re working for you on a contractual basis. Your agreement should be professional and incorporate a timeline. You should also receive a work order or receipt just as you would from any other contractor.
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.