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.
Do you have good writing skills and the ability to build a reputation for yourself within a specific industry? Then launching a blog could be an ideal side business for you. Once you have a regular audience of readers, you'll have countless options about how to monetize your site with ad support, your own e-books, online courses, sponsored content, and personalized consulting services.
This is a wonderful business for gardeners, tree aficionados, stay-at-home workers, and lovers of miniature objects. Business owners can start off selling starter plants to earn a living while they grow two to five-year-old trained bonsai trees for a larger income. It's a great opportunity for someone who doesn't have a lot of space to work with. This is also a great opportunity for someone to combine their growing skills with their Internet sales skills.
If sales and marketing isn’t your forte you can use a platform like Upwork or Freelancer.com who have large active audiences already looking for your skills. The kicker there is that these platforms tend to take a significant cut of your fees. If you want to keep 100% of your dough you can handle the sales process yourself and start by reaching out to local businesses or focus on a specific niche.
The pros of starting a music lessons business as a side business are very similar to a foreign language business. Assuming you know how to play an instrument and enjoy teaching others, you have everything necessary to start giving lessons. Music lessons businesses are easy to run out of your own home, according to your own schedule, so doing it on the side will not hinder the success you may find.
An effective social media strategy that’s focused on attracting new prospects and nurturing leads can take a lot of time to develop and implement. Let alone all the automation, optimization and engagement tools and tactics that a good social media manager needs to master. So while the majority of business owners will strive to have a presence on social media channels, only a few will know how to get the best ROI and tie their social media efforts to the bottom line. Tapping into this need and helping businesses manage their social media accounts could turn out to be a very profitable side business idea.
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I’ve heard this (okay, I’ve been that person) so many times. There is so much mythology and complexity around what it takes to go from idea to income. In the world of entrepreneurship, the lore has become, “you’ve gotta be all-in, all the time” if you want to succeed. Truth is, that’s a complete fiction. And, what if you don’t so much want to built the next mega-company, but instead would love to just do something you enjoy on the side that also happens to generate a nice bit of extra cash?
Last year the online learning industry hit $107 billion dollars. That’s billion with a B. Tons of 9-5ers are realizing they have unique skills sets that other people want to learn. Getting started is simple too, all you need is a copy of Powerpoint, a pair of headphones with a mic and some screen recording software. Then you can either drop your course on Udemy or you can build your own site and save the royalty fees!
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.
There are two basic ways how to find the best affiliate partners. You can make a list of products or services that add value to your content and check the company websites to see if they have an affiliate or referral program, or you can join an affiliate network to browse offers from hundreds of advertisers and find the right match there. For example, you can become an “Amazon associate=” and promote any of their products on your site to earn up to 10% in advertising fees or join Hostinger’s Affiliate program to earn cash and special rewards.
Do you play a musical instrument well enough to teach it to others? How about taking your skills at producing music or sound design and teaching others as a service-based business idea based on your experience? Private music instructors in all disciplines charge upwards of $20-100/hr (or more depending upon skill and experience), and you don’t necessarily have to do them in person, either. This makes for a great side business idea that can channel your passion for music into profits.
On top of just the skill and experience components to being a successful online coach, this side business idea is all about building a community around the help you're offering and fostering trust with members. Plus, your community members will learn from each other along the way. Creating the space for that community can be as simple as setting up a private Facebook group or choosing a community-building platform like Ning.com that has even more capabilities like using your own custom URL, having internal forums, customized designs, and more.
Amazon offers the opportunity to work in Fulfillment by Amazon (FBA). Working as an Amazon FBA Seller has many benefits. Your sole job is to find inventory that can be re-sold. You can easily shop for bargains during your off time after work. From there, you send your items to Amazon and they store them. The company ships them, as well, after a sale has been made. They provide customer support on your items, too. You collect the remaining profits.
You can choose to do custom gift baskets, or have a few themed options for customers to pick from. Make sure your baskets are aesthetically pleasing, and build your store to include high-quality photos and clear descriptions of each product. Consider offering promotions for holidays, and giving discounts to repeat customers. Most importantly, get creative and have fun.
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 own a car but barely use it, you can make some easy cash as an effortless side business idea by renting it out on Turo. Before you freak out, know that there’s a $1 Million insurance policy on all cars, plus drivers are prescreened, so you can have peace of mind. Closely related to renting out your car is another new service I recently came across (available only in the UK at the moment) called YourParkingSpace where you can sign up to list your available parking space through the app, and earn when people decide to use your spot.
Companies of all kinds are looking for mystery shoppers. Mystery shoppers buy in secret, documenting their experiences with the retailer. This can be done at a physical store or an online store. If you do a simple search on becoming a mystery shopper, you can likely locate several services that will assist you. Or, you can simply contact companies directly to pitch your mystery shopping services to them.
Stop driving for Uber and wasting your time. I’ve talked with too many people who tell me that they want to be career Uber drivers, despite that fact that Uber is clearly trying to replace all drivers with robots. Also, I see too many people trying to side hustle on Fiverr and websites where the only way they can compete is on price – essentially offering a commodity product. It is very hard to get ahead in life if you offer a commodity product at a low price.
Yoga is getting ever more popular, which means yoga instructors are more in demand than ever—making this another physically rewarding side business idea. Link up with a local yoga studio to teach nightly classes or offer personalized yoga in-home at a higher rate to pursue this kind of emotional and physical balance with others, during your free time while helping your bank balance, too.
"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
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.
Another flexible non-phone option in the educational field is test scoring. There are a few reputable companies that do hire home-based workers to score everything from standardized tests to essays. Before you apply, you should know that ETS and Pearson (listed below) do require that you have certain qualifications and/or past teaching experience before they'll let you become a scorer. WriteScore on the other hand requires just a two-year college degree.
How much money can you make as a virtual assistant? Most virtual assistants trade their time for money so you might get capped based on the number of hours of work you can do each week. You can choose to set a total monthly earning or get paid by the hour. Some make minimum wage while others might make $35 an hour depending on their skills and experience.
There isn’t one way to bootstrap your business—and this can be both a positive and a negative. Bootstrapping can offer entrepreneurs an opportunity to be flexible, creative, and fund their business on their own terms. It often results in cobbling together a variety of revenue streams in order to establish a solid financial platform to get a business going. However, this can also be a risky, unstable endeavor, which is a potential downside to consider.
In the book, Chris draws upon his deep well of experience starting different side hustles, then blends that knowledge with the experiences and case-studies of people from many walks of life to distill a step-by-step methodology based on what actually works in the real world. He offers a roadmap that takes you from idea to tested and implemented side hustle in a remarkably short period of time.
Think blogging is no longer a viable source of income? Think again. Tens of thousands of bloggers (including yours truly) are creating profitable content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, business, personal finance and more. And we're growing our blogs into six-figure businesses thanks to a combination of email subscribers, affiliate marketing, blog sponsorships, and other revenue streams. Your first step with starting a blog is quickly getting the technical side of things handled (my free master course on blogging will show you how), and then both understanding what your audience craves and learning how to attract those readers online.
You can buy your stock from a wholesaler and list them on your online Selz store for customers to purchase. You will need to describe the features of each product in detail, and, since headphones are something of a fashion statement, include photos. Because this product is in high demand, with the right prices and marketing, it should sell fairly easily.
This is a fun, exciting job to add to your work week! Giving real-time online tours of cities and historical landmarks gives you the opportunity to make money while sharing your knowledge with people looking to explore new locations. You need to be upbeat, well-informed, and passionate about what you are doing. Your job here is to create an amazing online experience and convince someone who is on the fence about visiting a certain location to book their ticket right away.
While this suggestion could not be further from the standard small business loan, it cannot be denied that the strategy paid off. The company has now earned around $1.65 million in seed funding from Andreessen Horowitz, CrunchFund, Spark Capital and Chicago Ventures, and has been named one of the Top 5 Silicon Beach Startups to Watch by Entrepreneur.
The remote workforce is increasing, and if it’s something you’re interested in, you have more than enough options for whatever suits you and your career path. These are just the top-paying remote jobs — Check out job search sites to find the remote job that works for you. After all, who wouldn’t want to be more productive and cost effective, less stressed, and more engaged overall? The average American will spend one-third of their lives at work. It’s time to make your job work for you!
This business is right for those who enjoy learning about technology and the challenge of restoring damaged items to like-new condition. Professionals in this business help conserve natural resources while helping customers preserve treasured photos and online communications as well as valuable software and digital content such as games, books, and music.
Mechanical Turk operates much like TaskRabbit and GigWalk: it’s a corner online where Amazon gathers tasks to be done, people willing to do them, and people willing to pay for them. On Mechanical Turk, you get to do the oddest jobs you can imagine as an online business idea, made possible by a parallel online universe that runs on hits, visits, surveys, reviews, pins, likes, CPCs, reads, and other metrics. But don’t get too ambitious. The small sums being paid out to human Mechanical Turk users rarely add up to anything seriously substantial, even if you invest most of your spare time into it. It's a better opportunity for internationally-based people with internet access and lower costs of living than in the US. Here’s one person’s account of his former life as a Mechanical Turk talking through how he got started with this business idea and what the experience was really like.
The book did not disappoint (of course). I love the step-by-step layout of the book with a very specific 27-day roadmap for how to discover your side hustle mission all the way through to launch date and beyond. The advice is practical and down to earth with direction like "launch before you think you're ready and adjust as you go." You can't let perfectionism hold you back if you want a side hustle to be a success. And don't worry if things don't work out the first time, Chris gives you lots of tips on how to evaluate your launch and make changes for the next iteration.
This is a great business for those who enjoy interacting with people while treasure-hunting for bargains at flea markets or estate sales. Those who have a talent for finding bargains and negotiating prices can transform that talent into a successful resale business. It’s also a good choice for recycling enthusiasts who want to save usable items from landfills and help conserve natural resources. Community-oriented people who want to help provide necessities for low-income residents at reduced prices are also good candidates for this business.
Any good idea will work online for a blog or website topic. And here’s why. As long as you’re creating lots and lots of content, engaging with people meaningfully, bringing people together online, and offering a quality product or service will help your blog or website grow beyond imagination. You just have to stay on track with creating quality content and showing up on social networks. This way, people will feel compelled to share your content on their social profiles which will in turn give you free advertising and increased revenue potential from the energy of others.