It’s no secret I’m not a fan of balance in all areas of your life. This is a perfect example of why. If you’re going to have a side hustle, then by definition, you’re doing it on the side of something else (probably your day job). And if that’s the case, you’re not going to have much time for other things. Take a look at my YouTube video on my daily schedule working full time and blogging to get an idea of how I do both.
If you don’t mind doing other people’s chores, then TaskRabbit may be the right side business idea for you. Earn a little side money doing odd jobs like walking your neighbor’s dog or mowing Mr. Smith’s lawn. Running errands not your style? Tell that to the top taskers on the portal who reportedly earn as much as $7000 a month, making this a full-time business idea for some.
No matter where you're from or what you do for a living, thanks to the conveniences afforded to us by the internet, making money is no longer a constant and never-ending struggle. With the proverbial world at our fingertips, as long as you know how to tap into the vast amount of opportunities found in the digital ether of cyberspace, you can earn some extra income, even if you're in a tight bind.
Download the free App and then find “gigs” in your neighborhood that companies are willing to pay you for. Can you check out the price of milk in a certain store for $6 or snap a pic of a storefront for $5 on the way to work? Note: You will start off with the crappier jobs in the beginning, but prove yourself and you will start getting offered the higher-paying jobs soon enough.
Great list…a few are a bit humorous. Nevertheless, side money is still side money. An I am a firm believer that everyone should have something they do on the side. From my own personal experience, having something on the side helps takes the pressure of the main income source (both mentally and financially). If all you have is a single source of income, and if for whatever reason that source of income is threatened, the news is almost always devastating and life changing.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? Take my friend, Mark Jackson's lead with what he's doing to build a travel consulting side business idea. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals and eventually you could spin this business idea into a full-time consultancy teaching people how to make your dream trip a reality.
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.
Live streaming business owners make money by broadcasting live video gaming footage on popular platforms while making use of ad revenue. Popular websites like Twitch.TV and Smashcast (formerly Azubu) create great platforms for gamers to share their content. By acquiring a large following, (500+ average for Twitch.TV) the player becomes qualified to become a partner for the live streaming site. The streaming site will pay based on the internet traffic for the individual’s channel. Live streaming channels also solicit donations from their fans.
"Chris Guillebeau is back with another book that will teach you not just how to earn more, but ultimately how to live better. He says we can all benefit from a 'side hustle,' work you we do in addition to our day job. And he shows us how to make it happen. In fact, if you follow Chris's guidance, you can establish your own side hustle in just 5 week. What’s stopping you?” — Daniel H. Pink, bestselling author of Drive and To Sell is Human
If you plan on launching an eCommerce startup, eBay is also a great way to test the waters with your business idea. Before launching his vintage T-shirt business Defunkd, James Applegath sold his vintage tees on eBay, as a way to determine if there was a market for the business. “EBay and other marketplace platforms are an excellent way to test how your business will perform prior to launching a startup,” he says, and adds that the funds you generate through this avenue will also help you in starting your business.
I didn't even know if I were capable of "creating a second income," but I feel confident, after reading this book, that yes, indeed, I can do just that. The book is divided by chapters, then sections of chapters, such as "Starting the Right Side Business," and then goes on to list and provide information about common side businesses that one might consider when choosing the right one for oneself.
Blogging Tip: If you’re passionate about blogging, create an online store that you can monetize and add a blog onto it. This allows you to start monetizing your asset before you’ve built your audience. Plus, the combination of content and commerce is a powerful one. As your blog grows, you can use retargeting ads to monetize your blog traffic to land even more sales. If you pump out regular, quality content you’ll quite possibly have a few home run posts that bring you a ton of traffic that’ll be easier to monetize than if you were hoping for a few affiliate sales.
Many people choose to start a side business while still maintaining a full-time job. Maybe you want to generate a little extra income, or you believe you have a good idea for a product or service that's going to take awhile to get up and running. Whatever your reason, starting a side business can be difficult, but you can do it if you test your idea and keep everything well separated from your day job. Spend time researching your idea so you know the need is there to make it worth your time and effort. Once you know your business idea is solid, get your licenses and permits in order and check over your employer's policies to make sure you can start your side business and still keep your day job.
A friend’s son was a member of the Chess Club at his elementary school. He spent one day a week after school for an hour, learning how to play chess. His parents paid $40 for 8 weeks of this club. That money went to the leader who was teaching everyone how to play chess. He paid a small rental fee to the school, but everything after that cost was profit for him. This brilliant idea could be a side hustle for you on the weekends or evenings. This entrepreneur offered these services to four different schools, worked just an hour a day and was able to live on the money he made while going to college. This is definitely not limited to chess and could be offered at a local rec center, a church, or the library.
Not only is Airbnb a great way to make money by renting out your spare bedroom or living room couch as a legitimate home-based business idea, but you also have the benefit of meeting new people and making new friends if that's your kind of thing. You can even rent out an entirely new apartment just to manage as an Airbnb side business idea, but don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, you can take this business idea to the next level by offering your guests add-on and personalized experiences for an extra charge. Take Lauren Gheysens' Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local's only tour of the city, complete with bespoke 18th century costumes.
One huge driver of these price increases, of course, is the growth of WordPress and as building websites have gotten easier, more people have been willing to shell out pretty big bucks to get the exact domain they want. I currently own over 800 domains and a vast majority of them have a “Domain For Sale” landing page where visitors can submit an offer to me. I have them all set-up so unless an offer is over $1,000 then I don’t receive the email. So I don’t have to deal with lowballers.
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.
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.
I can’t say enough about dog walking and pet sitting. I’ve been doing this for over two years, and my business has grown to the point where I was only home 4 days last May. The place I’m at now has a pool, and the next place has a pool table. I love dogs but can’t have one of my own, so I also get all the puppy snuggles I could want. And the startup cost is very low.