How can you avoid that? Start a side hustle you can fund through savings -- or better yet, that you don't need to fund. Provide a service that only requires the tools you already have. Sell products you either make or can procure by consignment. Prove to yourself that there is a market -- and that you can serve that market -- before you take on any debt.
It’s one thing to make a few extra bucks on the side so you can go out to a nice dinner or buy a nice pair of shoes, but if you want to walk away as quickly as possible you’re going to need to up your side hustle game. You need to move beyond simply trading your hours for a limited amount of money, and transition to thinking about side hustling as a way to become your own boss and create financial freedom.

But that was 2007, and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. According to the Bureau of Labor Statistics, freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here. The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020.

If you already have a sizable Instagram following, or a knack for getting followers, you could be approached by major brands, gear companies, and other relevant businesses with products and services your audience may be interested in. Take 25-year-old Liz Eswein for example, who charges a fee to brands for taking the photos she posts on her account @NewYorkCity, and an additional $1 per like on top of that. Not bad, considering most of her photos get well over 20,000 likes.
The demand for dolls has fluctuated over time, but they do continue to withstand the test of time. A custom doll maker will handcraft dolls for clients based on either public demand or personalized requests. For example, they may create dolls that reflect current pop culture or political icons, or they may handcraft dolls that resemble the client who ordered it.
This business is great for veterans of yard sales and thrift shops—basically, anyone with a good eye for finding surprising items at low prices. It's also good for those with an eye for style and design, so you are able to see not just what the worn down furniture is but what it could be after some modifications. Finally, it's good for those with sales experience, as the job may involve a lot of individual interaction with a variety of customers.
When I set out to start in on a new business idea, I always make sure it aligns with both my core competencies and my interests. It starts with learning how to discover your strengths as an entrepreneur, and it's how I make sure I'll be engaged, even when the going gets rough. I learned this the hard way when I decided to start a freelance business a few years ago to offer my freelance content marketing services.
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.
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!"
Business owners’ calendars need to be able to accommodate meetings with clients, but these meetings can be scheduled during business hours, evenings or weekends. Many life coaches have started their businesses by working as a coach part-time during non-business hours while remaining employed part- or full-time, and then transitioned to coaching more as their business grew.

You can upload different designs for customer to choose from to your Selz store, arranging the information so it is easy to process for the customer. Make sure to include a chart that shows the measurements for different sizes, and clearly mark the prices for each item. Make sure your t-shirts are something you would want to purchase and wear, then sit back and watch your income grow.
Find an audience for your passion or hobby and you’re all set to monetize something you love via a niche website as a side business idea. That of course, is easier said than done, something not intended for the faint of heart. Prepare to invest a lot of your time, but if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it.
Hi J. Money! Any thoughts or experience with renting your own personal paid-off car with Zipcar or Turo ? I’ve started using public transportation exclusively and would like to have my car put to use since it is now just sitting in the driveway. There is a lot of negative feedback out there regarding these type of companies, was hoping to hear from some first hand experience!
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:

Web designers are incredibly valuable for technology companies—which is why becoming a freelance web designer is a top side business idea today. Web design is all about mastering the art of creating a beautiful, value-driven experience for the people using a website or app. There are always new websites popping up in need of professional web design, and foundational books like HTML & CSS: Design and Build Websites by acclaimed web designer Jon Duckett and Don't Make Me Think by user experience legend Steve Krug will get you started down the right path to quickly determining whether or not becoming a web designer is a viable side business idea for you.

Can you draw, paint, or create another form of art that others would be willing to purchase? Create a Facebook or Etsy store to create works of art commissioned in your preferred medium. I know someone who draws Valentine’s cards, Christmas cards, and even birthday invitations for extra money for her family. With that money, she helped fund an international adoption. Another friend draws beautiful portraits of babies and children from pictures that are sent to her.
Blogging Tip: If you’re passionate about blogging, create an online store that you can monetize and add a blog onto it. This allows you to start monetizing your asset before you’ve built your audience. Plus, the combination of content and commerce is a powerful one. As your blog grows, you can use retargeting ads to monetize your blog traffic to land even more sales. If you pump out regular, quality content you’ll quite possibly have a few home run posts that bring you a ton of traffic that’ll be easier to monetize than if you were hoping for a few affiliate sales.

This business is great to run as a side business due to the lack of additional preparation needed and the great flexibility is holds. If you already speak a foreign language fluently and have a good, encouraging personality, you already possess the tools needed to find success in this type of business. In addition, you can run this business out of your own home or even a public space, as long as you have permission, and you can offer lessons at times that are best available to you. This means that regardless of your other obligations, you can make a foreign language instruction business work for you.
Drop shipping is an eCommerce model where you buy products from a supplier who then ships the items directly to your customer. This is ideal because it mitigates the age old problem of sinking $5,000 in your first batch of inventory that may end up collecting dust in your garage (while you eat the cost). Instead, you list your supplier’s inventory on your site and when an order rolls in they handle all of the shipping and logistics while you collect the profits.

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."
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.
Any good idea will work online for a blog or website topic. And here’s why. As long as you’re creating lots and lots of content, engaging with people meaningfully, bringing people together online, and offering a quality product or service will help your blog or website grow beyond imagination. You just have to stay on track with creating quality content and showing up on social networks. This way, people will feel compelled to share your content on their social profiles which will in turn give you free advertising and increased revenue potential from the energy of others.
Detailing cars is a great way to make a few extra dollars. You can start this business with a few supplies and some networking. You can start in your local neighborhood, advertise on Facebook, and offer discounts during holidays. This is a great gift people can give new graduates or dads for Father’s Day so be sure to mention this when trying to sell people on your service.
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.
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.

11 Computer repairer/troubleshooter Despite the proliferation of technology in our lives, many people still find computers complicated to maintain and terrifying if they go wrong. If you have a reassuring manner and are not fazed by the inner workings of a PC, offer your services locally and let word of mouth do the rest. "I had some success doing this in the past," says Hamm.

If you had a knack for standardized tests and had no trouble acing the SAT or ACT, you’ll find that many parents are eager to shell out upwards of $100 an hour for the right tutor to help their kids gain entrance to the college of their choice. Begin with this checklist for starting an SAT tutoring business and look into taking the route of tutoring student for their regular coursework, which will net you closer to $17 an hour. If you’re a credentialed teacher, or have special certifications, you’ll be able to charge much higher rates for the right students.
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.
The firm wants to look smart on a topic and then use the white paper as part of their sales strategy. The funny thing about these reports is that very few companies actually write them – they hire freelancers to do it. If you were good at writing college papers then you will be awesome at writing white papers. I’ve written papers on all kinds of things and even hired my own researcher in India to do most of the fact finding for me. Always be hustling! A great place to look for these gigs is on Craigslist or through networking at local corporate events. If you go in expressing interest in white paper writing you can find likely find some gigs.
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.
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.
If you have an idea and can help people, pay attention. Whether it is motivating someone, helping them pass a class, or teaching them how to build a website, this can all be done online. Setup you’re pricing, terms, and accept payment through something as simple as PayPal and you are on your way. I recommend using Skype or Google Hangouts since it is 100% free. Help someone and get paid – genius.

You can buy your stock from a wholesaler and list them on your online Selz store for customers to purchase. You will need to describe the features of each product in detail, and, since headphones are something of a fashion statement, include photos. Because this product is in high demand, with the right prices and marketing, it should sell fairly easily.


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.
Happy days are here again – or so you might assume from a recent wave of optimistic reports about the economic outlook and rising consumer confidence. But while unemployment is down, the latest labour market figures reveal a surge in part-time jobs as employers remain anxious about long-term recovery prospects, suggesting it may not be time to hang out the bunting just yet.

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.

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.
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.

The most popular side hustles for millennials are "home repair/landscaping" (12 percent), according to Bankrate. A total of 9 percent of millennial respondents make additional money babysitting and 8 percent selling or reselling goods online, including via sites like Ebay, according to the survey. Other millennial side gigs include substitute teaching or tutoring; doing hair or makeup; earning money by finishing online surveys or completing tasks for people online; or doing freelance photography and videography (4 percent each).
Your side hustle can help you make some extra money each month. But it can also help you develop new skills, build your personal brand or portfolio and help you achieve more freedom. So, have fun with it! Take a risk by starting a business or pursue a new hobby you’ve always been curious about. A side hustle is your best opportunity to live life on your own terms. And with some more money in your pocket, there’s nothing stopping you from making your dreams come true.
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.
If you already have a sizable Instagram following, or a knack for getting followers, you could be approached by major brands, gear companies, and other relevant businesses with products and services your audience may be interested in. Take 25-year-old Liz Eswein for example, who charges a fee to brands for taking the photos she posts on her account @NewYorkCity, and an additional $1 per like on top of that. Not bad, considering most of her photos get well over 20,000 likes.
With the rise of online craft marketplaces like Etsy, people with decent artisanal skills like sewing and woodworking have an always-open market to sell their products as a side business idea. If you’ve always wanted to design and make clothes by hand, then you can start turning those fashion ideas into real, hand-sewn garments and earn a little bit with this side business idea while you sleep and customers from around the world browse your Etsy & Amazon stores.
38 Rent out your stuff You can rent pretty much anything now, although space is still the most profitable "item", says Birtles. "Rent your driveway on parkatmyhouse.com if you live somewhere popular, or your possessions from a baby bath to your lawnmower on sites like rentnotbuy.co.uk and Zilok ," she advises. "Currently there are more items on offer than requests to lease things, but it's worth a try."
A dried flower business will sell dried flowers to hobbyists or craft stores. A flower preservation business will save important flowers, like wedding bouquets, for interested parties. Owners may do one or both of these services, but they are separate. Dried flowers do have a demand amongst a variety of people who use them to finish their craft projects. Flower preservation is perfect for those who want to scrapbook their memories, or fill boxes and chests with important mementos. Demand has increased for dried flowers over the past few years, as more people discover easy and fun DIY challenges.

Great post, MM! Incredibly inspiring, I really only grasped the side hustle concept since starting my blog about 6 months ago, after reading sites like yours. Already, apart from my blog, I’ve put my personal recording studio into use and started a music production side hustle, and a friend and I have launched a boutique logo design start up, called BroGoLogo, as an quality alternative to commodity products/services that you mention in this post.

According to FlexJobs, the top fields for at-home work are healthcare, customer service, sales, information technology, and education. By taking Glassdoor’s list of 2018’s top-paying jobs and comparing it to their list of remote jobs, FlexJobs was able to compile a database of the top-paying remote jobs of 2018. Here are six of 2018’s highest paying jobs that you can do from anywhere in the world.
Job description: "As a member of our front-end engineering team, you'll have the opportunity to enhance our users' experience by proposing and implementing improvements and new features in a variety of apps. We are looking for highly communicative, auto managed, hard-working guys with great tech skills. You are expected to learn from and contribute to team knowledge. As part of a successful growing startup, you will be involved in the whole product development flow, and your voice will be heard!"
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.

A feasible idea is one you can start very soon, and that will earn you money in a short period of time. If it is a grand idea that will require great dedication, significant capital, it is not a side hustle. It is useful to see the hustle as much like a hobby, but with one huge difference. Most hobbies cost money, but your side hustle makes money. If you would have difficulty explaining the idea in a sentence or two, you should rethink the idea.
#24 – Magoosh – If you are good at GMAT, GRE, TOEFL, SAT, and ACT, and tests, Magoosh is looking to hire online test prep experts to help students prepare for these papers. As a requirement, you must be an experienced BA or BS holder with high scores in GRE, SAT, GMAT. The standard pay for weekdays is $20 an hour and shoots up to $25 an hour over the weekends.
Thanks Steven. I’m all about fresh air! I run all of my side hustles through an LLC, so I can also take some deductions come tax time. It’s a win-win. I also do my best to pay quarterly taxes on the income, but sometimes really misjudge based on cash flow. I’ve gotten stuck with a few pretty big tax bills, but now I’ve gotten a better handle on it. LLCs are pretty amazing.
There are at least three teenage entrepreneurs who’ve already earned astonishing amounts of money by launching hand-made jewelry business ideas: M3 Girl Designs’ Maddie Bradshaw, Bella Weems of Origami Owl, and the girl behind DesignedByLei. With the industry set to shine in the near term via a brisk annual growth rate of 5-6%, the market is ripe for new entrants to this business idea who can offer sparkling new takes on how to craft appealing handmade goods.
Credibility is critical, so it’s imperative that you have a connections in the entertainment business. You do not need to be famous, but you need to have relationships with others in the industry, so they can verify that you have the knowledge needed to teach others the art of acting. If your specialization is in film acting training, you should be a current or retired film or television actor, director, casting director or have similar industry experience. If you’re teaching commercial acting, you should have experience as a commercial actor, director or on the ad agency commercial production side. Your reputation in the acting community and how you promote your credentials will be critical to your success.
Having a YouTube business is a great way to make some extra money without having to dedicate too much time. There’s a number of celebrities who owe their fame to YouTube and an even larger number of people who have made money with less recognition. A large number of subscribers and interesting content can help you monetize your content. This business only really requires as much time as it takes you to create and upload your videos.
On a more casual level, there are a variety of service businesses that make great side businesses. Sites like Craigslist can be a great way to put your skills to use and piece together revenue. Do you know what interviewers look for? Consider offering resume building help. Know multiple languages? Put your skills to good use and offer tutoring or language conversation lessons. Do you love animals? Advertise yourself as a dog walker for your neighborhood.
If you're toying with the idea to pad your income with a side job, this book is a decent start. It gives you some suggestions about what to do, links to further resources (often other Nolo books), and some good tips on topics as diverse as marketing or how to deal with various types of business people, including lawyers. I went through the book easily and found it well- written and understandable.
A sports photography business owner should find excitement in watching all types of sporting events. An owner should get a thrill from capturing awesome action shots that freeze important moments in sporting history. If you share these passions and would like to share your excitement with all those who see your photos, then starting a sports photography business is perfect for you.
Most people, even those many won’t admit it, love moving their bodies. It's also a great workout. If at some point in your life, you had to hang your dancing shoes for a more sensible office job, there's nothing stopping you from earning money with this side business idea as a passion project around your day job. Part-time dance instructors get a fraction of the pie that their full-time peers enjoy, but it can add up to hundreds each week if you're consistent—making for a great side business idea to those with the skills and drive.
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?
×