A carpentry business is ideal for those who enjoy working with their hands and building things. It’s ideal for those who enjoy preserving and restoring historic landmarks as well as creating new ones for future generations. Those who take pride in their work and a sense of satisfaction in helping customers utilize space more effectively will enjoy this type of business.
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.
Choosing the path of entrepreneurship, and working on your side business idea, is without a doubt riskier than being content with holding a 9-5 job. It requires way more sacrifice. However, once you’re reaping the lifestyle benefits of being your own boss and hustling your way into making significantly more money with your business idea than you ever could at your day job, the hard work will have all been worth it. So, let’s talk business ideas.
Coming up with a good idea isn’t a static process; it involves a lot of trial and error. The best way I’ve found to generate ideas is to write and write often. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them. To help, here’s a list of 50 business ideas you can begin building as you continue plugging away at your 9-to-5.
My events are seasonal (May-December here in Massachusetts) and some vendor fees need to be paid months ahead of time to secure a space in a well attended show. This is a great opportunity for peer to peer lending! My best fairs cost between $125 to $250 to get in, but I can make $1200 or more at those shows. My 2 sisters invest in my biz early in the year so I can pay those vendor fees during my slow season (Jan-May) when I don’t have much income from my biz. I pay 10% interest on their investment, which is usually about $1500, and pay them back by the end of December. 10% is much more than they would get leaving that money in their bank account. If I had the funding, I would go to farmers markets and fairs and talk to the crafters/vendors about my peer to peer lending services because most of the vendors I know struggle with paying those fees which are due during their slow season.
Network marketing (sometimes referred to as multi-level-marketing) can sometimes have a bad connotation if you have ever been scammed in the past. However, there are very reputable companies out there that you can start working for today with very little buy-in or overhead. A member of our family started off her network marketing business as a side hustle and has turned it into a part-time gig with full-time income. Warning: if you are told it doesn’t require any actual work – run away!
It’s also important that other people are already doing it because that means there’s a market for it. Your side hustle needs to be profitable – it has to make money. There is no point in starting a business that won’t be profitable. So, make sure there is a market for it. People mistakenly think that because an area already is filled with people making money that it’s too saturated, but that couldn’t be further from the truth. That just means there’s money to be made in that space.
What Employees Say: “VIPKID pays between $14-22 an hour, plus more in incentives some months. Most kids are fun and well behaved. You create your own schedule and work as little or much as you want. The materials are already provided, you just have to review them beforehand and plan out how you want to teach the materials and which props you want to use.” —Current ESL Teacher
As I’ve already covered with TeeSpring, the T-shirt retailing business is worth millions of dollars. But what if you want to do the manufacturing side of things? T-shirt printing turns out to be quite a rewarding business idea for many each year, but can quickly consume much of your side business idea time—so know what you're getting into before diving in. This multi-billion dollar industry counts big corporate factories as well as home-based part-time entrepreneurs.
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.
A social media influencer is a lot like an Instagram, with the main difference being the social media platforms you use. As a social media influencer, you can use whichever platform(s) you prefer, or you could use all of them. A social media influencer may spend a bit more time than an Instagram business owner, as they’d have to create posts for multiple accounts and optimize those posts for each platform. This business still lends itself well to being a side business, though, as you don’t have to commit a whole lot of time to it.
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.
If you would like an editor for articles such as this, I would be happy to be employed in that capacity. The truth is that whether you would like an editor or not, you need one. Take number thirty-nine for example. I believe the word meant to be used was “connotation.” “Annotation” has an entirely different meaning. Whether you hire me or not, I do enjoy your articles and will continue reading them. Thanks!
This business is good for someone who understands how and why we use formal behavior to signify the meaning of certain events. An instructor can be successful though even if they only specify in one event, such as teaching Americans how to eat continental style. To really exceed and expand the business, entrepreneurs should have a background and interest in their chosen field to give the best possible advice and instruction to their students.
When your readers click on a link, they will be directed to the company’s site, and you will earn a commission either from the traffic you direct, or from a purchase they make on the site. Besides links, you can also put visual ads for the company in the sidebar of your page. Your job is just to continue producing original, relevant content, and you will be able to gradually establish a profitable side business.
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.
If you’ve got a camera and some basic Photoshop skills, photography can become your side hustle. If you like taking pictures of your city, you can sell your photography to your local publications such as city newspaper or blog. Sites like Foap allow you to sell your phone pictures on their platform and you can earn money with every photo you sell. If you’d rather not make money with your pictures, you can add your photography to products like canvases, t-shirts, and phone cases to make even more money. And if that’s not enough, you can even seek clients to venture into wedding photography, pet photography or product photography.
If you enjoy writing, find a topic you’re passionate about and start a website dedicated to covering that topic and anything else interesting you want to talk about. All you need is a computer, some time, and some energy to consistently write. It can start as a hobby and turn into a business over time. And blog hosting can cost less than $12 per month.
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 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.
Have a knack for staying organized? If you're a jack of all trades, you should consider working as a virtual assistant as a side business idea. You can find great gigs on Elance, Indeed, or Upwork. It can be an awesome way to rub shoulders with some very important people, build up your professional network, develop in-demand new skills (like creating GIFs and VR videos), grow your side business idea and you'll have the added perk of being able to start this as a home based business idea. Becoming a virtual assistant can be a particularly great side business idea if you're hoping to travel the world while making money online as a digital nomad.
If you’d rather trade time for money you might choose to get a part-time job. Side jobs to make money include: dog walking, babysitter, restaurant server, receptionist, administrative assistant, or barista. You can also find part-time jobs within your industry. Maybe you’re a full-time marketer who takes on a part-time social media gig. The only downside to a part time job is that you need to invest your time for money. And time is your most valuable luxury. Part time jobs don’t scale as well as an online business would. Meaning, your total earnings get capped.
There you go! These are the first five things you need to do to get started. And notice not one of them was “go buy a bunch of equipment and materials” or “pay $10,000 for a professional website.” Those things aren’t a bad investment later down the line when your business revenues justify it. But when you’re starting out, the problem isn’t the design of your website; it’s your fear, doubt, and hesitation.
Many small companies and startups now outsource jobs that aren’t part of their core business (such as HR, admin, and accounting), which makes this skill set a great opportunity for starting a side business idea that engages your number prowess. Because companies always need to track their cash flow, freelance accountants and bookkeepers can really benefit from the increasing demand for part-time help.
This job is ideal for someone who is good with both technology and people. It is necessary to be good with technology because you must know your way around the hardware and software necessary to print onto a variety of different surfaces. You must be good with people because your clientele is potentially very diverse—the professional who needs new business cards may be very different from the college student who wants to order an ironic t-shirt.
Hey Grant! This is a great post! It’s so refreshing to hear of side hustles other than the typical options like Uber, Lyft, etc. I’ve been selling concert tix for over a year and have made some good money….I’ve also lost my ass a couple of times. There’s a definite learning curve! I’ll check out writing white papers since I loved writing in college. Thx for the tips!
The type of business that requires active owner participation at all hours of the day may not be the best if you’re working a full-time job. For example, if you open a service business and customers want to see you during daytime hours, you’ll be limited to only your lunch break. In addition, it’s typically a bad idea to take phone calls during your full-time job or communicate via email. The best type of side business is one where you can dictate your own hours. After all, you don’t want your side business to endanger your full-time job or vice versa.
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.
“There's a great temptation to assume that side hustles are just for "special people," like artists, dreamers, and 17-year-old computer geniuses. But Guillebeau deftly proves everyone can (and should) have a side hustle. More than that, he shows you how. He is living proof that this book works, and so are the many people who have followed his roadmap.”- Jon Acuff, New York Times Bestselling Author of Finish
Whoa! This list is massive. There are so many awesome side hustle ideas out there. Thank you, Nick, for bringing so many to light! You have done a lot of research here and it shows! This is a topic I love to talk about myself. I even have a list of side hustles for millennials to start this weekend here: https://missmillmag.com/career-alternatives/7-easy-side-hustles-weekend/ I would love for you to check it out.