If you have the gift of gab, public speaking is a worthwhile side business idea for you to pursue. Many authors, medical practitioners, scientists, artisans, politicians, and other subject matter experts earn extra income by delivering speeches, seminars, and presentations. Professional motivational speakers earn an average annual salary of around $90,000 with just that portion of their income, making this a very realistic side business idea while you continue practicing your craft.
I can’t buy tickets to an in-demand concert without buying 4 extra tickets to sell on the side to pay for mine. Sometimes if I can get a pre-sale code I’ll buy 12 tickets just to make the money. I bought 12 Beyonce tickets and made over $5,000 just from less than 3 clicks on my computer. “Buy” “List in Stub Hub” “Confirm Purchase”. What did I do with the money? I used it to make my annual IRA contribution.
Obviously, everyone has different things going on in life, so if you’re in a season where you can’t focus on your side hustle, it may not be a good time to start one. You could wait to start one until a better time for you (although I recommend putting a date on the calendar for this if there’s ever going to be a chance you follow through). If you’re just “busy” in life but it’s a normal season, they just go for it and give yourself a set schedule of when you’ll work on it every day.
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.
What are your skills, what is your knowledge base, and how can you channel your areas of expertise into revenue-generating side businesses? A great side business is one that allows you enough flexibility to pursue your dream startup, while still bringing in a sufficient revenue stream. Maybe, like Lori Cheek, you can sell unwanted items on eBay while also renting out a room via Airbnb, or follow Joseph Howard’s example and keep your corporate job while offering freelance services.
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.
The antique market is not as lively as it used to be. But there’s still money to be had from the industry if you love rare old stuff and possess the skill of restoring them to their former glory. To start an antique refurbishing business at home, you’ll likely need a few thousand dollars to build out a basic workshop and stock it with all of the right treatments and materials in order to truly excel with this side business idea. Start small by borrowing around what you can, and learning the basics of the trade as a side hustle before investing in a ton of equipment.
When you’re on the path of frugality, you’ve basically got two options when it comes to padding your bank account: you can either trim expenses to save more money, or you can try to earn more money. Doing both will, of course, greatly increase the chance you’ll achieve your long-term financial goals, whether that’s to pay back your student loans or save up for your dream vacation.
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.
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.
Not to be confused with hoarding, this business idea takes a lot of time, patience, and passion. If you have an eye for good art, it’s easy to get in on the ground level by visiting the studio department at your local university—though don't expect to get rich overnight with this side business idea. Many art students are more than happy to sell their work for a bargain, and in as little as a few years, there's a chance that piece you bought for a couple hundred bucks may be worth well into the thousands. Beware though, this business idea will take a whole lot of patience (and storage space for all that art).
Having an adequate amount of cash flow in a business can make the difference between success and failure. That’s why it’s important to have serious cash reserves when you launch full-time. But many people don’t have the months of operating expenses needed to do this. So they start small with a side business and use profits to beef up cash reserves for a future full-scale launch.
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.
Additionally, business owners who start this type of business are in good company. Not only do many people have successful children’s book businesses today, but one of the most successful children’s authors in modern history began by self-publishing her work. Beatrix Potter funded the first runs of both Peter Rabbit and The Tailor of Gloucester. The two stories are popular even to this day.
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.
You will need to find a niche for the different types of jewelry that you will be selling. For example: if you mostly make wedding and event jewelry, start there and then branch out. If you want to sell everyday jewelry, or specific pieces like necklaces, bracelets, or earrings, you can divide these into separate categories in your store for ease of browsing. When selling jewelry online, you will need great pictures, and you will also want to include detailed descriptions.
28 Market research Get paid for your opinions by signing up with sarosresearch.com and taking part in focus groups, suggests Birtles. "You get between £50-£100 cash, plus food and drink for saying what you think about products or services for a few hours. Or be the one asking the questions. Ipsos Mori offers flexible hours to people willing to do phone interviews or knock on doors to ask people questions. You make between £8-£10 an hour on average."
It’s always great to get new sheets, blankets, pillow cases, and comforters, but going to the store and picking through options can be tough, especially for consumers with limited time. This is where your online store can come in, providing customers with quality products and the convenience of purchasing online. This is a win-win situation for the customer, and for you.
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.
One bonus is that I got to learn about so many different industries, including for example hydroponics, which I would have probably never learned about had I not had to build WordPress site for the second largest (at the time) online hydroponics store. Another cool thing about building WordPress websites is that my clients then wanted to buy on-going website maintenance services from me. These services included things like keeping the website secure and uploading content. This is where the real gold was, especially from larger law firms. I was able to get some maintenance contracts at $1,000/month – which is a tiny expense for a big firm. Building WordPress websites really added up.
This blog currently makes over $10,000 per month on advertising and affiliate revenue. If you want to dive deeper here’s more information on how much money you can make blogging. This is money that I have to do nothing to get – readers just reader, they sometimes click, and then sometimes they sign-up or try a service at no cost to them. Here’s a guide I wrote on how to start a blog and make money.
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.
One of the most widely-available ways for making money is to drive for Uber or Lyft. The sharing economy has quite literally exploding, and both Uber and Lyft are at the forefront. The best part? You can turn on and off your availability through these networks with the simple click of a button, effectively allowing you to make money no matter what time of day or night it is.
If you own a camera, starting a freelance portrait photography business could be a very natural way to turn your skills and passions into a profitable business idea. Start with doing free shoots for friends and family to build up a strong online portfolio, get familiar with your gear and the editing process, then you'll be able to get paid for photographing professional head shots and celebratory family moments as your side business idea. Get started by checking out this men's portrait photography class that regularly broadcasts for free on CreativeLive. Plus, once you have all the photography gear, you can earn a little extra side income by renting it out when you're not using it through online marketplaces like Fat Lama.