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.
There isn’t one way to bootstrap your business—and this can be both a positive and a negative. Bootstrapping can offer entrepreneurs an opportunity to be flexible, creative, and fund their business on their own terms. It often results in cobbling together a variety of revenue streams in order to establish a solid financial platform to get a business going. However, this can also be a risky, unstable endeavor, which is a potential downside to consider.
To market yourself as a consultant, you will, of course, have to be an expert in something. But, as Brett rightly says, “most people starting a business are.” What are you good at? What skills from your career can translate over into a viable consulting business? Think about your previous duties and areas in which you have excelled, and go from there.
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.
Obviously, this business is good for those who are great at taking tests and have already taken many standardized tests. It is a great business for a current or former educator, as this helps you in teaching fundamentals of test-taking to customers. Above all, it is great for those who want to improve their local community by helping people get into the universities and programs of their dreams and better themselves.
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!
As a freelance illustrator, you can take your skills in a number of directions. You might work for advertising agencies, stock image houses, magazine or book publishers, record labels, greeting card companies, digital properties, merchandisers, or other businesses. Some illustrators serve such narrow specialty niches as courtroom sketch artists, or niches in fashion, medicine, or technology. Or you might primarily work in fine art to be sold to customers directly or through galleries or agents.
Like birthdays, marriages happen all the time. Which means you can treat weddings as a recurring fountain of business opportunities: wedding dresses and coats, jewelers, food caterers, venue providers, photographers and videographers, performers, flower shops, travel agencies, souvenir crafts, and a host of other ventures. Now imagine if you can form a network of these service providers so you can offer engaged couples a range of hassle-free wedding packages as a turnkey business idea. The process is certainly fun (and time-consuming), but as a side business idea, the pay can be pretty great.
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.
Grant, you’ve got a lot of info in here that I LOVE! I swear to god, if I read another blog post telling me about a side hustle and I read the word “fiverr” I’m going to implode. You bring up an AWESOME point about not trying to compete in market places where your only advantage is price; eventually you’re profit will be ground down to 0. I’ve heard of domain reselling before; there might be a course there for you… (I’d buy). Great post!
This is a great business for animal lovers who enjoy walking and staying active. It’s ideal for people who prefer lower stress levels, since spending time with pets has been shown to reduce stress. Those who are compassionate and responsible, yet prefer to work alone and be their own bosses as well as make their own schedules thrive in this type of business.
Dropshipping Tip: Want to start your own dropshipping business? Sign up for Oberlo on Shopify. The Oberlo app allows you to choose from millions of products that you can start selling on your store today. Plus, it automates several parts of the business process. You can add products in a simple one click and process orders with the same swift action.
If you’ve got a camera and some basic Photoshop skills, photography can become your side hustle. If you like taking pictures of your city, you can sell your photography to your local publications such as city newspaper or blog. Sites like Foap allow you to sell your phone pictures on their platform and you can earn money with every photo you sell. If you’d rather not make money with your pictures, you can add your photography to products like canvases, t-shirts, and phone cases to make even more money. And if that’s not enough, you can even seek clients to venture into wedding photography, pet photography or product photography.
Ownership of a live band usually includes the actual musicians. Owners generally have a passion and instinct for music, a great deal of energy and motivation, and a talent for crafting a group style and sound that appeals to audiences. In addition to their performance skills, live band owners must be able to sell their services to booking managers at venues and to the audiences who watch them perform.
Stop driving for Uber and wasting your time. I’ve talked with too many people who tell me that they want to be career Uber drivers, despite that fact that Uber is clearly trying to replace all drivers with robots. Also, I see too many people trying to side hustle on Fiverr and websites where the only way they can compete is on price – essentially offering a commodity product. It is very hard to get ahead in life if you offer a commodity product at a low price.
Designing a website requires some upfront knowledge and skill. However, you’d be surprised just how much you can learn in a short amount of time. There are numerous courses on Udemy and even free tutorial videos online that can teach you the basics. If you have a knack for design and love being creative, this could be a great budding business for you.
When it comes to our mother tongue, most of us don’t give language a second thought. However, without language, almost all aspects of life as we know it would break down. Teaching foreign languages gives others access to a completely fresh perspective on human life, as seen through the lens of a new language. With today’s growing rate of globalization, starting a foreign language instruction business can offer you an exciting and profitable career.
Someone out there is remodeling their kitchen and needs to know which shade of granite will match best with mahogany flooring. That someone will often be happy to pay you for your advice, especially if you’re the kind of person that subscribes to websites like Contemporist and you have the motivation to turn this business idea into a money-making enterprise.
Incidentally, helping others grow their wealth is also a good way to grow your own financial worth as a side business idea. If you have stock market and finance credentials, then you can earn freelance commissions or consulting fees, advising clients on how to get the best returns for their investments as a lucrative side business idea if you can get results for those clients—otherwise this business idea can be the fast-track to alienating friends and family, so be careful.
Christy Wright is a Certified Business Coach and Ramsey Personality with a passion for equipping women with the knowledge and steps they need to successfully run and grow a side business. Since joining Ramsey Solutions in 2009, she has spoken to thousands across the country at women’s conferences, national business conferences and Fortune 500 companies. You can follow Christy on Twitter at @ChristyBWright, online at businessboutique.com, or facebook.com/OfficialChristyWright.
Not only is Airbnb a great way to make money by renting out your spare bedroom or living room couch as a legitimate home-based business idea, but you also have the benefit of meeting new people and making new friends if that's your kind of thing. You can even rent out an entirely new apartment just to manage as an Airbnb side business idea, but don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, you can take this business idea to the next level by offering your guests add-on and personalized experiences for an extra charge. Take Lauren Gheysens' Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local's only tour of the city, complete with bespoke 18th century costumes.
Amazon offers the opportunity to work in Fulfillment by Amazon (FBA). Working as an Amazon FBA Seller has many benefits. Your sole job is to find inventory that can be re-sold. You can easily shop for bargains during your off time after work. From there, you send your items to Amazon and they store them. The company ships them, as well, after a sale has been made. They provide customer support on your items, too. You collect the remaining profits.
If you've got the attitude (and look), there should be a product or service out there on the hunt for the right model to promote their brand as a side business idea. You can sign up with a large agency, find a freelance agent, or look for your own modeling gigs as an independent talent. Since modeling is a complex field, get all the advice you need before jumping right in and find a mentor who can guide you through some of the early challenges it'll take to establish your brand. Depending on your preference, you can specialize in a single media format such as video or still images, to build a compelling portfolio and grow this into a business idea that has the potential to scale.
Once you have a regular audience (ideally in the thousands), you'll start to develop a lot of value to potential advertisers. Let's say your podcast frequently talks about life as an outdoor photographer. A natural fit would be to reach out to relevant magazines, gear companies, and camera brands to see if they'd be interested in advertising on your podcast of targeted listeners. The more niche your podcast topic, the better for future sponsorship opportunities.
15 Become a DJ It goes without saying that you need a deep love of music and an extensive collection of tunes before you can even consider DJing, but as much of the work is at evenings and weekends, it could make a perfect side business. Be ready to cater for a range of crowds and musical preferences, not just your passion. Learn the ropes by concentrating first on weddings and birthday parties or by doing roadie work for an established DJ, which will gain you useful contacts.
A greeting card business sells greeting cards to customers. These greeting cards can be for a number of occasions, including birthdays, holidays, reunions and even funerals. Cards can either be sold directly to customers or to retail dealers. If they’re sold to a retail dealer, the dealer then sells the cards to customers. Some greeting card businesses operate online, selling cards to shoppers and shipping them.
Do you live in a destination where others frequently visit? If you know your city well and enjoy meeting new people, get the best of both worlds by starting your own local tour business. Make it unique like Erik Hormann’s Vantigo, a company that takes you around San Francisco in a stylish VW van, and you’ll be able to command anywhere from $55 to $600 depending on the tour.
Anyone can sell goods on Amazon, provided you have products to sell (or buy low, then resell). If you’re the type to hit all the local garage sales each weekend, there’s all sorts of valuable things that can be resold online as a side business idea. If you want to step your Amazon selling game up, check out this detailed guide to Amazon and eBay retail arbitrage on Entrepreneur featuring an interview with Julie Becker and several drop-shippers who've grown this home based business idea from side business idea into a lucrative money-maker.
If you have experience with marketing, SEO or a knack for getting people excited about the products and services you use on a regular basis, think about refining your skills and putting them to work as a small business marketing consultant in your region—especially if you can become a local SEO expert and can help local clients rank higher in their search results as your side business idea. Businesses of all sizes are in constant need of bringing in more customers, which is where you come in with your business idea. Start by pitching some of these small business marketing ideas by Brian Downard and you'll be sure to impress the first set of clients you begin working with in your area.
Right now my side hustles are selling on Ebay, a bit on Amazon and Mercari and doing phone work as an independent contractor (customer service). I have a daughter with autism in high school that I have to be available for and I have some illnesses that prevent me from working full time or doing anything physically strenuous. One of my problems is that I have a partially paralyzed vocal fold. I just had a cold and am still trying to get my voice back! So I need another hustle to add to the list for when I cannot work my $10. per hour phone job. Ebay slows down in spring and summer also. I am interested in the Notary service, how do I get started and what is involved? Also, I am interested in Prosper. What else am I missing? I tried blogging but when I’m not well I am not good at putting words together! I wish i knew how to build websites, seems like a good income there.. where can I learn without going back to school? Thanks for this blog.. very helpful and cool!