If you enjoy making pottery, or just jove using it for creative decor, you could turn this passion into a nice side business idea for yourself. First, narrow down what type of pottery you will sell. Do you want to sell functional outdoor flower pots, or decorative indoor items? Remember, you can always expand your niche later when you are more established.
Create a formal business structure. Even if you're just starting a side business that you don't think will ever grow large enough for you to quit your main job, you still need to treat it as a serious business and follow the necessary formalities to keep it separate from your personal income and assets. In the United States and many other countries, you have the option of organizing your side business as a corporation, a limited liability company (LLC), or a sole proprietorship.
I am a somewhat longtime reader and subscriber, but you can say that I am one of the biggest failures here. I need money, I am unemployable, and I have no (ABSOLUTELY NO) marketable ideas. Any idea I might have falls in one of three categories: 1.) Too specialized in too esoteric a field, 2.) Workable if I could just get other people’s interest, which I can never do–I have tried, several times, and 3.) Stuck in a chicken and egg dilemma–I have no idea where to start. So, to restate, either the work would be useless, nobody wants it, or I have no clue what the work is. How can I even manage? Is it too late? Am I truly worthless? I hope not, because I can never get up the nerve necessary to end it all.
A recent Bentley University study found that over 66% of millennials want to start their own businesses. Yet, as of 2013, only 3.6% of businesses in the U.S. were owned by those under the age of 30. Clearly, there’s a large disparity between the number of young people wanting to be their own bosses, and those who are actually managing to pull it off. Many young people are naturally entrepreneurial, but without a steady flow of income it could prove challenging to jump into starting a new venture. There’s where side hustles come in.
If that isn’t enough, you can expand your services to include pet grooming as an extra side business idea. To do that, you'll need to have relevant training, an operating license depending on your location, and pet grooming equipment. According to PayScale, pet groomers have an average salary range of $17,600 to $48,500. Not bad as a side business idea if you can find a way to get in most of your clients on the weekends.
I also found especially helpful the section on earning "money with ads and affiliates online," and how to run a home business online. Once you have chosen your way to go, the book tells you how to get there with chapters such as "Managing your Money", "Protecting Personl Assets" and even "Working from Home." Especially important also would be the chapter on "Taxes and Deductions."
A test prep business often helps prepare customers for tests such as the SAT, ACT, GRE, MCAT, and LSAT. The business may also help customers prepare for other tests. You may instruct clients by themselves or as part of a group. Your business may be located in a separate office, or you may visit clients; alternately, you may conduct lessons entirely online via services such as Skype.
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You can sign up for free at Rentafriend to be someone else friend both part-time and full-time with pay between $20/hr – $50/hr. Yes, this sounds very strange from the outside looking in, but a lot of times you are helping someone get acquainted in a new town, meet a new group of friends, or simply have a cup of coffee with. Most importantly – friendship is always platonic (no touching).
There’s a good chance you’ll underestimate how much time your activities will take and overlook additional tasks. Be organized and document your time, so that at the end of the day you’ll know exactly what you got accomplished and how long it took. If you find that the goals you set yourself are too aggressive, be flexible and adjust them to be more practical. For more tips, see these small business time management tips to increase productivity.
I struggled with creating spreadsheets to track my progress because it’s the least sexiest thing about blogging (for me, anyways!). But since I started doing it the right way, and checking in to update my progress every Sunday night, I can evaluate what’s working and what’s not. The results have been amazing. I wouldn’t be able to get this type of insight without tracking my numbers.
If you are looking to spread information, improve the human condition and help others, you should consider starting a YouTube business. YouTube businesses provide informative and helpful videos that benefit others in countless ways. Though anyone can start a YouTube channel, the channels that provide useful and insightful content amass plenty of viewers. Such successful channels are legitimate businesses.
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!
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If you already have expertise in the technical and artistic sides of web development from your day job, then picking up extra clients on the side is a relatively easy way to start earning extra cash. Since everyone from large corporations to small-time freelancers need websites these days, web designer services are in hot demand. According to the Bureau of Labor Statistics, 28,500 web developer positions will need to be filled by 2022.
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.
Packaging your skills and knowledge into a downloadable eBook that delivers value to those seeking to learn a skill, advance in their careers, or start their own businesses, makes for a strong value proposition if you target the right audience. Check out Leslie Samuel's great guide to selling eBooks online and start building your strategy around this side business idea. This class with Tara Gentile on CreativeLive will also show you how to use your existing body of work to write an eBook within the next week. Put in some serious work with your eBook, build an audience and you'll have a platform to pitch traditional publishers on landing a book deal—then you can write one of the best business books and really build your personal brand.
It’s funny how much baking can relate to making money. Start bringing in some side income by kneading flour, mastering the oven, and appeasing everyone’s sweet tooth. While some experts have already turned baking into their sole “bread and butter,” you need not leave your day job to pursue this business idea just yet. Depending on your experience, you can start by doing something simple on the side like perfecting Grandma’s nostalgic cookies before heading on to offer exquisite artisanal fare.
I didn’t launch Millennial Money to make money. I launched it because I really like thinking and writing about money. I also feel like it’s my personal mission to share sound financial advice and spread financial literacy. It just so happens that pretty much everything I get interested in turns into a business opportunity. The money from the blog is simply a by-product of my passion for writing. If you don’t enjoy writing then don’t start a blog – you really have to love writing.
Next, let’s tackle one of the most popular online business ideas – affiliate marketing. So what is it, exactly? In a nutshell, you recommend products or services offered by a chosen company to your readers, followers or people you know. If they buy something as a result of your recommendation, you get a commission (either a percentage or a flat fee). Easy, right?
Being a Loan Signing Agent is a great side hustle because you can make $75 to $200 per hour-long appointment working for yourself on your own schedule. Retired people, working professionals, and students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!
Maybe you’ve always had a knack for repainting old thrift store furniture. Or maybe you’re a gifted musician who could coach other young aspiring talent. Maybe you have a specific education, training, experience or skill that you could develop into a freelance business such as financial planning or graphic design. Whatever your “thing” may be, there are plenty of good reasons to get going.
A life coach is there to speak with clients about any issues the clients have, help clients set motivating goals for themselves, navigate through important personal and professional decisions, and much more. Though most life coaches help coach clients in various aspects in their lives, it is possible to specialize your coaching to an area about which you are really passionate. A few examples of specialized life coaches include health coaches, special needs life coaches, relationship coaches, career coaches, and executive coaches.
Anyone can start a blog, but monetizing it is a different story. However, if you are experienced and passionate about a certain subject, or have an existing blog that you can turn into a money-making endeavor, consider focusing your energy there. Blogging can be a great way to turn your passion into a side business, and blogging is—you guessed it—incredibly flexible. With no time constraints, the ability to work for as long or as little as you wish, and the freedom to work from virtually anywhere, blogging is an excellent side business option.
Consider your business plan to develop a picture of goals and timelines. For instance, if you want to turn a side business into a full-time venture later on, come up with a rough idea of when you’d like to begin this transition. Create a schedule by mapping out yearly, monthly, and weekly goals, and keep track of them along the way. Making and meeting goals will help you stay on your timeline, which will help ensure your business’ success. On the other hand, if you don’t intend to leave your full-time job, determine how much time you’re willing to put into it on a daily and weekly basis, and then create a plan to help you stick with it.
If you’re looking for side jobs to make money, why not trying selling information products? This side hustle requires some research, invested time and marketing skills for you to flourish. Are there topics that are really popular right now that you know a lot about? Did you find a popular topic that there isn’t enough information about? Monetize these opportunities by creating content around it. You can publish books on Amazon or sell courses on Udemy.
The items you are selling should have some type of certification or grade so customers know that they are the real deal. You will want to have a professional storefront, which you can easily put together using the Selz store builder. Reviews are also very important in this line of business, so don’t hesitate to ask previous customers to drop you a line with their thoughts.
An Amazon drop shipping business is essentially a middleman between customers who want to purchase products and businesses that sell them. A drop shipper will receive orders from customers, purchase those products from a separate retailer, and then ship those products directly to customers. This helps eliminate some of the costs and time associated with traditional distribution channels.
Even if you have an income stream that makes up to 90% of the money. When working for yourself, you'll need something different for that other 10%. This not only provides an outlet for creativity but diversifies your income in the event something happens with that primary revenue source. Again, this may not work for everyone but for ME and MY EXPERIENCE, being able to branch out into other ways of making money besides freelance writing made my time as a solopreneur a lot more bearable.
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.
Anyone who has been able to achieve their own goals and would like to help others may be well-qualified to be a life coach; however, there are courses available to teach coaches the most effective strategies to use with clients. Coaches typically have strong interpersonal skills, as the success of a life coaching business depends entirely upon the business owner’s ability to connect with and assist other people.
We’ve selected these ideas because they’re always at the top of the list of the most profitable side hustles, but don’t worry if you don’t feel particularly drawn to any of them. There are dozens of other skills that can help you to bring home the bacon. Head to sites like Skillshare, Udemy and GeneralAssembly to see what online classes are trending and maybe you will find your calling!
Have a good understanding of how search optimization works? Put those skills to use. SEO consulting is booming and many online businesses are prepared to pay handsomely for expert advice and actionable tips that can help increase traffic and revenue. Many businesses take to Google when looking for a SEO consultant, so your first challenge is to establish a solid online presence and get your own website ranked high in the search results. Have a look at Gareth Bull’s website to get a better idea of what services you could offer and become a certified Google partner to get free access to a host of free training resources and promotional offers.
I don’t know about that working for free thingy. Even if an affiliate bought from me, I would still make them an offer on something highly discounted, such as a downloadable .pdf file, an informative YouTube video with AdSense in it included in a pdf file or ask them to share the video with everyone so clicks could be accrued, and the list goes on. Working for free online is not an option. lol