Live bands are paid to perform music professionally before audiences in bars, nightclubs, concerts, private parties, corporate events, and other public venues. Peripheral revenue can be generated through the sale of recordings and merchandise. In addition to the group’s musicians, ownership in the business can include its manager and anyone else with a financial stake.
As you can see, you don't have to spend thousands of dollars to start a side business. The 11 ideas above only scratch the surface of the types of side business you can start to make extra money. Plus, who knows? You might even be able to turn your side hustle into a full-time career today. Start small with an equally small investment, and see where it takes you!
If you have something you're skilled at and very passionate about, you can turn that winning combination into offering your services with one-on-one online coaching as a solid side business idea. Just be sure to implement your own opportunity management system so you don't get caught up working with clients that you can't measurably help. Elmira Strange will give you a step-by-step plan for putting your skills and experience to work by developing an online coaching business—even as a side business idea in the time around your full-time job—so be sure to check out her course on Udemy for a jump start on this side business idea.
Live in a destination where travelers frequently visit? If you love meeting new people from around the world and also love the city you live in, starting your own local tour company is arguably the best business idea that will give you both of those perks. Take a unique spin on your local tour business like Erik from Vantigo. He was starting his VW van tour business in San Francisco as just a side business idea while he was still working a full-time job, and grew it to being a sustainable source of full-time income before quitting—now he's running a multiple van tour company on the back of what originally began as a crazy side business idea.
Many gymnasiums will trade membership and often a bit more for a person willing and able to teach an exercise class. You can also find people who don’t want to go to a gym and train them at home as a personal trainer. If you’re in good shape, this is a great opportunity to earn some extra money, plus it can often lead to additional income with one-on-one instruction opportunities.
Suzanne lives in Texas and has been a full-time freelance writer for 20 years. She’s written for numerous business and financial publications, both online and in traditional print media. She also owns her own small business and has a passion to help others achieve their dreams of financial independence. Her goal is to eventually work from a remote island that is equipped with Wi-Fi.
Investing in domains is one of the easiest side hustles. There is no other place where you can get a 1,000%+ return on your money in a pretty short amount of time (less than 90 days in some cases). I buy and sell them at $400+ profit regularly and have been doing so for over 10 years. Domains are the real estate of the internet and they are only getting more and more valuable. I have seen the average price for a mid-tier domain jump from $400 to $3,3000 in the past 3 years alone.
However, it’s important to understand that working from home doesn’t mean relaxing in your pajamas all day. In fact, you will probably end up working more from home than in-office. And be careful when searching online for remote work, though. There are an estimated 60 to 70 scam jobs for every genuine one. Only use vetted sites such as FlexJobs to ensure you’re not being taken advantage of.
I know of a guy who started out as a handyman. He then took that idea as a handyman and started his own blog to teach people how to fix things themselves through blogging and video tutorial. At the end of every post or video, he would tell you what tool he used to get the job done and would provide a link directly to Amazon for you to purchase that product.
Have a good understanding of how search optimization works? Put those skills to use. SEO consulting is booming and many online businesses are prepared to pay handsomely for expert advice and actionable tips that can help increase traffic and revenue. Many businesses take to Google when looking for a SEO consultant, so your first challenge is to establish a solid online presence and get your own website ranked high in the search results. Have a look at Gareth Bull’s website to get a better idea of what services you could offer and become a certified Google partner to get free access to a host of free training resources and promotional offers.
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.
If you have a way with words and know how to make the keyword-friendly, beautifully designed, SEO-optimized landing pages, why not charge other companies for your services and turn it into a money-making side business idea? Even a short landing page is worth a couple hundred bucks in most cases, and so much more if you know how to pitch your prospects well. If you want to get started with your business idea of becoming a landing page specialist or freelance copywriter, check out Len Smith and Sean Kaye's awesome course on Udemy, Copywriting Secrets: How to Write Copy That Sells.
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 don’t know about that working for free thingy. Even if an affiliate bought from me, I would still make them an offer on something highly discounted, such as a downloadable .pdf file, an informative YouTube video with AdSense in it included in a pdf file or ask them to share the video with everyone so clicks could be accrued, and the list goes on. Working for free online is not an option. lol
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.
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)!
I've long been drawn to the passive income supplied by creating an ebook and publishing an accompanied print-on-demand paperback. By using platforms like KDP and CreateSpace, both by Amazon, you can create an easily create and sell an ebook that costs nothing to produce, and a paperback that earns you money only when it sells, removing much of the prior friction it took to get published.
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. Just take a look at what Jacob Huss of Soteria Designs is doing wit his hobby of hand-building furniture and wood jewelry. With more and more people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. Not only is the real estate sector regaining its footing, the number of style-conscious customers is also on the rise, creating plenty of room for growth into this business idea.
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.
Once your following becomes large enough you can begin implementing any of the other strategies in this article. You can drop in links to affiliate products, you can market a course, a podcast or even sell a product. The poster child for this model right now is The Hustle – a newsletter geared towards millennials that focuses on the tech space. Sam Parr, its founder, was able to drive 100,000 subscriptions in 5 months and leveraged that audience to create HustleCon, a startup conference for non-techies. During his first year of the conference, he sold 400 tickets and made $50,000.
First, decide the composition of your target audience. Are you going to focus on aging skin-care products, or cosmetics for teens and tweens? Do you want to hit the burgeoning natural product market? Once you have a sense of who you are selling to, you will need to decide if you want to make your own products, or work and receive commission from a larger company.
A survey company creates, distributes, and analyzes surveys for a variety of businesses or special interests. The purpose is to collect feedback before deciding to alter policies or processes to improve efficiency and overall satisfaction. Owners may either work on a per-case basis, or choose to specialize in a specific niche. For example, a survey company that only administers surveys to students about their professors.
The first person to develop an Uber type business plan was brilliant. And now, if you have a car (usually newer models), you could be making a side hustle income as a driver with Uber or Lyft. You can work on your own time. Pick up someone on your way home, during our commute to work, or on the weekends as you are running errands. Uber drivers can make $9-11 an hour – for more information on how to drive for a living, check out TheRideShareGuy.com
Look specifically for how your competition built their side hustles. Use Google, Pinterest, and Amazon for this. Try to find out exactly what they did, or take a look at their websites and analyze their business models. There’s no need to re-invent the wheel. Of course, you’ll make it your own – you’re not stealing anything from them. But everyone learns business from everyone else (something this took me a long time to learn). So, take a nod from the best in your niche and start there to research how you can start your side hustle.
Whichever route you choose, you’ll want to make an appealing, professional Selz store. Images and descriptions really need to paint a picture for the customer, as they will not be able to touch the handbag or try it out. Remember to include the measurements in your description so the customer knows exactly what they are receiving and if it works for their specific needs.
As for the questions an Amazon recruiter might ask, Bezos himself offered guidance for hiring standards 20 years ago in his 1998 letter to shareholders. He encouraged decision makers to think about three guiding questions: "Will you admire this person? Will this person raise the average level of effectiveness of the group they're entering? Along what dimension might this person be a superstar?"
However, it is when I tried to get some hard info out of it that I ran into trouble. For example, the one website that was recommended for doing little IT jobs on the side turned out to be a depressing place where people desperately bid for jobs for extremely little money ("$12 if you configure my email software"). Also, the tax chapter didn't seem to really belong: I had to read it multiple times and still couldn't figure out whether I'd have to pay self- employment tax as a day trader or be subject to schedule C, etc...
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."
Anyone who has been able to achieve their own goals and would like to help others may be well-qualified to be a life coach; however, there are courses available to teach coaches the most effective strategies to use with clients. Coaches typically have strong interpersonal skills, as the success of a life coaching business depends entirely upon the business owner’s ability to connect with and assist other people.
It's a frightening statistic that nearly half of U.S. adults don't have the cash on hand to pay for a $400 emergency. That's what the Federal Reserve Board discovered when it surveyed a wide range of working Americans. Furthermore, according to a Pew study, more than 50% of households say they don't have enough savings on hand to cover a full month of expenses. And that's just playing with fire.
Many of my readers have started proofreading from their iPads, scanning legal documents for court reporters as a result of the Proofread Anywhere eCourse I recommend. You can read some of their testimonials in the comments on this post. They offer a 7-day intro course free so you can decide if that line of work is right for you before you pursue the training.
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.
Selling Information Product Tip: With this side hustle, focus on niches where people have a huge problem they need to solve. If you’re in the fitness niche, you can create a fitness workout course or a diet plan with recipes ebook. If people are desperately trying to solve a burning problem, there’s an opportunity to provide value by helping them solve that problem. The content you create can guide them towards a solution. Best part: you could make money while helping people.
Affiliate Marketing Tip: Ask the affiliate program or content creator for assets you can use to help you market their product. For example, there may be a lead magnet or free tool you can use to incentivize people to purchase the product. Often times, a piece of content can help ease a potential customer from a cold lead into a warm one. Thus, giving you a better chance of succeeding with this side hustle.
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.
I've been listening to the Side Hustle School podcast since the beginning and look forward to Chris' insight each morning. So when he announced he was publishing a book, I jumped at the chance for an advance copy so I could devour even more of his brilliant guidance. (The cover on the advance copy is different from the final version, so don't get confused by the photos.)
Becoming a Virtual Assistant Tip: When starting this side hustle, you can find clients on popular websites like Upwork. However, you could start to see better results when you branch out on your own as an independent contractor. Starting up might be a bit harder as you need to find clients but you could earn more money this way. You can join popular Facebook groups for businesses or online retailers to offer your services.
It’s funny that you put baking of all things on this list. I’d often considered the idea of baking cookies and things and selling them on Facebook garage sale sites and things like that – until I made Christmas cookies last week and found out how difficult it is. Let’s just say it gave me a healthy appreciate for the people who make all the tasty desserts I regularly enjoy!