Freelance web developers are some of the most sought-after experts online. No business imagines its future without a well-functioning website and let’s not forget about growing market for apps based on artificial intelligence. If you have the right skills and experience in place, then this is your golden ticket to kicking off a successful online side business. Use freelance marketplaces like PeoplePerHour or Upwork to generate leads and pick up freelance projects, but be sure to have your own website with a balanced portfolio that you can show when pitching to new clients. If you’re only thinking about acquiring web development skills, there’s a ton of free resources that you should explore.
Knowing your goals for your side business enables you to prioritize your side business and your day job more easily. If you intend to grow your side business to the point that you can quit your day job, you might take a day off work so you can shoot the event. However, if you need the stability of your day job and its benefits more, you'd probably want to turn the event down.
Okay, so you won't make money that fast with a blog. But, if you start a blog and deliver enormous amounts of value, you could set yourself up with a platform for ending a tremendous amount of passive income. This is something you can easily build on the side with just a few hours of work per week, but you need to stay consistent and post great content regularly.
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.
I’m sure you’re familiar with newsletters so I’ll skip the intro and dive right into the juicy stuff. Newsletters are a fantastic vehicle for driving revenue. Every single successful business in 2016 has some type of newsletter. Why? Because they are the only way to build, store and directly reach your audience. Facebook can change its policies, Google’s cost-per-click can go up but if you have someone subscribed to your newsletter you own all of the messaging.
Carpentry businesses build, maintain, repair, or renovate residential and commercial buildings. Structural carpentry, such as framework, contributes to community safety by ensuring the structural integrity of homes and businesses. Finish carpentry, such as restoration of historical buildings, contributes to the environmental beauty and increased real estate values of the community.
Hello and thank you for the great article. I have been reading where you can use side hustles to contribute to self-managed retirement plans (aka Self 401k). Many of these gigs seem cash based – anyone out there contributing to their own Self 401k/Sep/Easy accounts? If so, what documentation is required to support the connections between the side hustle and the contributions to the self managed retirement plan?
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.
For individuals who enjoy sewing or seamstress work, have some artistic talent, or have an eye for patterning and organizing ideas into a tangible object, quilting can be the perfect career. A background in sewing is preferable, although some quilters started because of a love or passion for creating and quickly found their niche in the quilting community.
Blogging is often the first idea that springs to mind when the conversation turns to online side businesses. And rightly so. Thousands of bloggers around the world are successfully making money off their talent to write, and the best thing about this hustle is that there’s no right way to do it. First, let’s establish the fact that blogging itself is rarely profitable. Bear with me. Blogging is like a train station – the more trains you have running, the better are your chances of turning a profit. Establishing several streams of income is key to turning your blog into a self-sustaining side business. So let’s back up a little.
Being a wedding specialist works well for top-notch players, but being a generalist also has its benefits. Event and party planners leverage their network of service providers to cover not only weddings, but also seminars, corporate events, birthdays, baptisms, concerts, conferences, holiday parties, and other events, making it a relatively diverse business idea. Here are some tips if you want to run a part-time event planning business at home as a side business idea. And here’s a very honest look into the upside and downside of the trade.
Oh man, I haven’t experimented with those myself, but I’m all about trying out new things! I feel like you really have to just give these things a shot to really find out if it’s something worthwhile or not, as too many people have skewed opinions and situations. Worse case you can always just stop and/or sell your car, right? So I say give it a shot for a month and then report back your findings ;)
Crafts are a great way for parents to entertain their children and encourage them to be creative, but it’s not always easy to come up with new projects in the moment. Selling templates of images that children can trace or attempt to draw on their own can be a fun side business and a popular product. You can put together themed template-books, along with guides that teach children how to make various types of crafts.
“A Side Hustle isn’t about making a few extra bucks selling lemonade to your neighbors. Chris Guillebeau has created a step-by-step methodology for imagining, building, and launching side projects that can earn real, serious cash. In my years investing on Shark Tank, I’ve seen firsthand how side hustles can take off and grow into some major profits. Whether you want to supplement your pay check, or jumpstart a full-fledged business, Guillebeau will show you how to get your hustle going in just 27 days flat.” - Daymond John, star of ABC’s Emmy Award winning business show Shark Tank
Whoa. Epic list! I love the Chick-fil-a cow mascot :) Makes me think of all the side hustles I’ve had… my favorite was when I used to introduce myself as a commissioned painter and ended up closing a few deals that way. When I got to the point where I was painting portraits of people’s dogs that had passed away, I realized that I no longer enjoyed what I did :P
Make sure your intended market is broad enough to sustain the business. Many new business owners mistakenly offer a product or service that only a select few want, without specifically targeting that market. Especially with a side business, it helps to have a broad audience. But even if your market is niche, make sure it’s large enough to sustain your business. Remember, your marketing efforts may be limited and you’ll need to reach more people with less effort.
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
Aside from an attractive glossy cover, and being extremely critical for today's economy, Running a Side Business is excellent tool for anybody yearning for a second income. Again, NOLO series has teamed up with USA Today for another information-filled book for the public. NOLO is a legal companion for more than 35 years, while USA is the nation's largest circulation newspaper.
Working a side hustle is a great way to generate extra income, regardless of why you need it. If you're behind on savings (whether of the emergency or retirement variety), and your living expenses currently eat up your entire paycheck, then taking on a second gig could be the least painful means of catching up to where you need to be. (Your other choice, for the record, is to seriously cut back on your existing expenses, which could result in some serious lifestyle upheaval.)
This list offers some great ideas and inspiration for folks looking to increase their income. There’s really no reason that anyone with some ambition, a good work ethic, and “people skills” can’t earn some extra money (or a full-time income) pursuing some of these self-employment ideas. I’ve done a little research, myself, to compile a list of small business ideas, and stumbled upon a few possibilities which you didn’t cover: