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.
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.
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.
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.
So where does the money come in? As your audience starts to grow and you begin attracting more and more traffic, a whole array of different blog monetization options will open up to you. It’s best to choose the most organic ways that won’t detract from your blog’s reputation. For example, if you’re blogging about walking as a hobby, start selling custom walking trail plans or promoting walking boots. As mentioned earlier, it’s best to have multiple sources of income, as any one of them can shrink unexpectedly. The five main categories of income streams that bloggers tend to adopt are:
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off (Insure.com went for $16 Million in 2009) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea. But beware: some experts doubt the long-term viability of this business idea, so you shouldn’t quit your day job just to put all your effort into this one without some successes already in the bag. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names. Imagine owning desirable domain names for the next decade's most innovative companies.
When I used to work at CreativeLive, I regularly paid $250-$500 (or even much more depending upon audience size) per episode for 90 seconds worth of advertisements on relevant podcasts like The Tim Ferriss Show, the #1 business podcast right now from the 4-Hour Workweek author, Tim Ferriss. The podcast has even helped Tim launch his latest New York Times bestseller, Tools of Titans to a wider readership.
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.
If you are looking to make a positive impact on the environment and animals, a pet waste removal business is for you. This is your chance to eliminate unsightly and potentially dangerous animal waste. Your services will add to the visual appeal and safety of local properties. If you have a passion for animals and cleanliness, this is the ideal business.
Entrepreneurs experienced in the restaurant and bar industry who are looking to venture out on their own are best suited for this business endeavor. Mobile bartenders often work nights and weekends. This offers a more flexible work schedule, allowing you more time to focus on building your business during the week, and also spend time with family and friends.
Companies of all kinds are looking for mystery shoppers. Mystery shoppers buy in secret, documenting their experiences with the retailer. This can be done at a physical store or an online store. If you do a simple search on becoming a mystery shopper, you can likely locate several services that will assist you. Or, you can simply contact companies directly to pitch your mystery shopping services to them.
As I already mentioned, I started a blog while working full time, babysitting, and freelance writing. Eventually, I wanted to build a scalable business, so I quit babysitting and freelance writing, but I initially used money from those jobs to help grow my blog. I needed that income for the side jobs (babysitting and freelance writing) to help me grow my side hustle (my blog). So, you can find ways to grow your side hustle by adding in a side job to the mix while you need it. I highly recommend it!
As a freelance writer, you are largely in control of the amount of work you do and the time you put into writing. Whether you use an online writer platform or another system for getting clients, you have a say in the number of pieces that you do, and, as long as you meet any deadlines set for you, you can work on these pieces whenever you have time. Therefore, it is easy to successfully manage a freelance writing business on the side of whatever else you spend time doing.
I mean come on, who wouldn't be interested in this side business idea? Getting paid to take care of a cute pup sounds like a dream. The prevalence of unattended pets is another side effect of busy life, creating job business ideas and opportunities for people with time, patience, and affection to spare. Just check out DogVacay and Rover to see what I mean. Would the payout be worth it if you try? One person in New York earns $3,300 a month just pet-sitting for busy animal lovers as his side business idea.
All you have to do is create the product, upload it to your custom website, and let people know you are selling eBooks on your new online store! Marketing your online store and building up a consistent flow of traffic will create buzz as your customers pass the word along about how good your store looks, and how helpful your eBook content is. With a little elbow grease, you’ll increase traffic, downloads, and start making money on the side.
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.
Almost a quarter of working Americans spend some time working from home. But according to the American Time Use Survey, working from home is a perk mostly reserved for the college-educated. In 2017, just 12 percent of workers with a high school degree did some work from home, while 46 percent of those with an advanced degree occasionally telecommuted.
We're all guilty of spending too much time on Facebook, Twitter, or Pinterest sometimes, so why not get paid to put your expertise to work as a side business idea? Lots of companies, especially startups or those in retail and travel—even influencers have heavy social media presences and are constantly in need of people to help build their brands online. You can find these types of opportunities on sites like Flexjobs and CareerBuilder and most employers on these websites are conditioned to working with people who operate these services as their side business idea. Over time as you grow in your ability to leverage various social channels, you can add more service offerings like running high-return Facebook Ad campaigns or hosting lucrative sweepstakes competitions for the brands you want to work with.
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A proofreader reviews the written word in its various forms for clients and corrects for spelling, punctuation, and typos. To start a proofreading business, you must have a strong command of language usage, spelling, and punctuation. Depending on your clientele, you might be reviewing and correcting the language used in books, magazine articles, web content, ads, packaging, student assignments, or virtually any other vehicle of written communication.
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.
Domain trading has been around for decades, and while the best ones have long been sold off (Insure.com went for $16 million in 2009), there’s plenty of others you can get your hands on for relatively cheap. Earlier this year, I registered thelaunchformula.com for $11.95 because it was a catchy title for an upcoming course I’m filming. Since then, I’ve already received two offers to purchase it for just under $1,000.
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.
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!
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.
Firewood!!! I live in a semi-rural area about 1/2 hour North of Newcastle, Australia (houses on normal blocks, 1/2 acres blocks, “lifestyle” type blocks). A few people here will deliver a trailer load of cut up firewood for various amounts of money locally and into the more residential areas in the city. If you have the room to store firewood to season and a log splitter, its a good side income (for winter). I also know a lady who was struggling to find work after moving here. She started doing before and after school care and earns more doing that, than she did working full time in an office previously.