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.
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.
One thing I tell people about the online side hustle is that it’s going to take a good while until they start seeing good money by working from home or anywhere on their laptop with their side hustle business. This is why a bridge job is good for some people to have while they’re working on side hustle entrepreneurship. I’m so happy to hear that some side hustlers that started out with next to nothing online with very little to their life savings ended up becoming Internet millionaires. Some Internet millionaires world on food stamps, unemployment, living at home with their parents, unemployable, and the list goes on.
I live in Phoenix where it will hover at 116°F during the summer. I also see a guy selling snow cones and water for a premium. I asked him how business was recently – he smiled and said “Business is gooooooood”. Buy a case of water at Costco for $0.12 a bottle and resell them for $2 wherever it is HOT. Who wouldn’t pay $2 for ice-cold water during the dog days of summer?
Do you love to write? Are you an expert in a certain field? Is there a topic that you are particularly passionate about? People love the ability to carry knowledge around with them on their phones, tablets, laptops, and Kindles! Making eBooks is an excellent way to get your work out into the world and make a buck on the side. In fact, self-published eBooks account for 22% of all eBooks purchases in the United States (source). In time, writing eBooks could even replace your 9-5, but you’ll need to find a place to market and sell your work where it will get maximum exposure.
A great way to increase sales is to host an online spa party. This allows potential customers to join in from the comfort of their own homes with no obligation to buy. During this online party you can set up giveaways and offer free shipping on any purchases made within a specific time frame. This business has the potential to grow rapidly, and also to be a lot of fun!
I’ve actually fielded requests from others looking for people willing to do this, so the demand is out there. To put it simply, some people are willing to pay others to get a vegetable or flower garden started for them in their yard so they can have access to ultra-fresh produce without all the legwork. If you have a green thumb and some knowledge about the vegetables that grow well in your area, this would be an easy business to start.
The best and worst thing about side hustling is you can literally make money doing anything. It’s the best because you can find and make money doing something you love, and it’s the worst, because most people think there are no rules to side hustling, so they end up making some money on the side, but not as much as they could be making and end up wasting time doing it.
Everyone (even kids and retirees) need to have some level of technical know-how to stay competitive and appreciate the marvels of the digital age. Just observe how learning sites like Codecademy, Treehouse, and Udacity continue to grow and you’ll understand the urgency of getting computer training for our generation (thus making it a great business idea to train others if you already have the skills). If you’re a techie, you can cash in on this need by offering lessons and tutorials within your neighborhood or across cyberspace through portals like YouTube or Udemy as a side business idea. You can even set up your own tutorial site with an interface for online payments.
1 Antiques/collectibles dealing Know your stuff when it comes to certain kinds of collectibles? If so this can be a great way to make money from a hobby. Trading sites such as eBay make it easier than ever to reach your target market, according to Trent Hamm, author of US money-saving blog thesimpledollar.com. "I had some success with this myself in the past, trading cards and video games," he says.
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.
This business is great for those who like to work at their own schedule and pace. While certain transcription services, such as court reporter, may require stricter scheduling requirements, most of the work involves transcribing audio or video that has been provided to you. As such, the job is also ideal for those who type fast and are comfortable using computers and other related software and technology.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time personal trainer as a side business idea can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out these tips to a successful personal training business by the American Fitness Professionals and this interview with several fitness blog owners who are making a living online, from MonetizePros. Finally, I'd recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today.
Selling real flowers is where things can get tough. Many people already have a green thumb, and often they already supply flowers to friends and family. You will need to figure out which flowers will survive the shipping process, and decide how great of a distance you are willing to deliver across. Again, clear, attention-grabbing images will be key for successful selling.
Ahh the wonderful world of freelancing. Freelancing is a bit different than many of the other options on here, but it is equally as lucrative and there are many different ways to go about it. If you have a specific skill that you excel at, you can make money freelancing. And I’m not just taking about coding here. You can earn money formatting Kindle books, as a photographer, as a copy writer, as a virtual assistant or even playing Pokemon Go!.
Are you passionate about making some extra money online? Do you have a talent that you would like to share with others? If so, then we can help you get rolling on some side business ideas that you can start today. Sometimes the things we love the most, our hobbies or favorite past-times, can become a source of income. Who doesn’t want to make money from something they love to do?
Before we go here, just wanted to share with you a great mindset to get into to help motivate your side hustlin’ even more. I call it the “Gigs For Goals” mindset and the idea behind it is that you attach all gigs of yours to a specific bill or a future want/need. If you can match them up to break even, you’re golden! If you fall short, you need to re-arrange your wants and/or start bringing in higher income streams to match ’em. It looks like this:
Carpets make your home warm and cozy. But they also tend to gather dust, grime, stains, allergens and bugs over time. You can tap into this opportunity by launching a carpet cleaning side business idea or serving as an independent contract cleaner in your free time. Either way, you’ll need to invest in proper equipment such as vacuum cleaners, carpet brushes, and cleaning chemicals in order to launch this business idea. Look into the possibility of renting equipment for a full weekend and lining up 5-10 clients to service, to offset your rental costs. If you turn a healthy profit, you'll eventually be able to invest in owning your own equipment and increase your margins, thus going from side hustle to serious business.
Do you love being outside, planting flowers and pulling weeds? Many people find this a chore but others (myself included) love doingyardwork and planting. If this is you, then you could think about starting a landscaping and yardwork business on the side. You could offer to design beds, plant flowers and shrubs, cut grass, pull weeds, and rake leaves.
Develop a travel concierge service to help people when they miss their flights. Become a home, office, or life organizer for busy or disorganized people. Buy and sell used textbooks to university students. Start an online course in some quirky subject you know a lot about. Visit jumble sales and buy items to resell. Start an Airbnb, but for dogs, so their owners can travel and leave the dogs somewhere better than a kennel.
If writing is something you put down as one of your passions, it can definitely work. The first step in this long journey is to discover your niche – a specific theme or topic that most of your content will focus on. The three really broad but most profitable niches are money, relationships, and health and fitness. You can, of course, choose to write about anything that excites you – whether it’s walking as a hobby or upcycling. Just keep in mind that the niche you select needs to be narrow enough to keep your writing efforts focused on building authority and, at the same time, broad enough to capture the interest of a large audience.
Because watch repair is very specific, general repairmen may not be fit for the watch repair business. Those who’re experienced with repairing small mechanical items, however, may find watch repair to be incredibly fun. Those who enjoy collecting watches and clocks, too, may enjoy the art of watch repair. As a business owner, a watch repair shop owner will need to have a good handle on management, accounting, and marketing.
Investing in domains is one of the easiest side hustles. There is no other place where you can get a 1,000%+ return on your money in a pretty short amount of time (less than 90 days in some cases). I buy and sell them at $400+ profit regularly and have been doing so for over 10 years. Domains are the real estate of the internet and they are only getting more and more valuable. I have seen the average price for a mid-tier domain jump from $400 to $3,3000 in the past 3 years alone.
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.
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.
Have a talent for crafting or creating other handmade goods? From bracelets to phone cases, rings, furniture, and more, Etsy is one of the world's largest independent marketplaces that’s perfect for anyone who is creative and willing to sell their handmade creations. As long as you have the space, this can make for one of the best home business ideas that can be started as a side hustle with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology. Then, after you're able to build your brand and grow your own audience, you can start an eCommerce site of your own and retain a larger portion of the revenue from your product sales—making this a very lucrative potential business idea if you're able to find an audience that loves your products.
There are a huge range of themes to personalize your store, giving it a unique edge that will stand out from the competition. The Selz builder is simple, fun, and easy to use. In-depth tutorials and helpful 24/7 customer service can get your fully-hosted store up-and-running in no time. Selling online opens you up to a huge range of customers that will have immediate access to your work.
You will want to research your shopper and go in with a very clear sense of your target audience. Are you looking at hip, young parents; or excited grandparents? Will your products be cute, funny, or simply stylish? Narrow down exactly what you want to sell, then market your online store hard. Getting shares and testimonials from happy customers will be huge.
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.
In addition to being a meticulous writer from a mechanical standpoint, you must be the kind of person who pays close attention to detail. Keep in mind, a proofreader is not the same as an editor. You’re not reviewing what your clients are trying to communicate, but rather how they write it in terms of spelling, punctuation, typographical errors, and word usage.
Those with a thirst for knowledge and who are passionate about helping others will excel in this profession. Your team’s primary focus will be to get to know these young adults on a personal level, using this knowledge to identify their strengths and weaknesses. Once you’ve tapped into this, you’re equipped to assist them in determining what schools are best for them and how best to proceed from there. Since colleges consistently change their admissions process, you must be committed to keeping up with these changes. A love of traveling is also important, as you’ll want to spend a portion of your time visiting college campuses, building relationships with individuals in the admissions office.
People love their pets, and many pet owners want to memorialize their non-human friends through artwork. Pet portraits businesses create custom portraits of pets for customers. Many businesses are run by a single artist, but businesses can also have several artists on staff. The mediums these artists create offer a different feel than photographs -- which pet owners can take themselves -- provide.
Don’t freak out about not being able to code just yet – you can build and sell websites on Flippa without any coding experience. Flippa is a marketplace for buying and selling web businesses, apps and domain names. It’s a godsend for savvy entrepreneurs that are always brimming with ideas for new hustles. In essence, this is how it works: you brainstorm a startup idea, secure a catchy domain name, use a WordPress theme to build it out and make it look appealing, and then sell it in an auction on Flippa. Alec Larson has been doing this for some time, and claims to be making $1,000 to $1,500 on Flippa every month. There’s no clever secret behind this – you come up with compelling ideas, flesh them out and sell them to eager entrepreneurs. The essential upfront investment is minimal: starting a website will cost you $2.45 a month, including a free domain name registration, plus your time and effort to put the pieces together. Certainly worth a try.
Whoa. Epic list! I love the Chick-fil-a cow mascot :) Makes me think of all the side hustles I’ve had… my favorite was when I used to introduce myself as a commissioned painter and ended up closing a few deals that way. When I got to the point where I was painting portraits of people’s dogs that had passed away, I realized that I no longer enjoyed what I did :P
We’ve all dreamed about having a massive social media following and it’s actually much easier to achieve that you think. There are plenty of automated tools to help you grow, all you need to do is post consistently (that’s how I built my Instagram account to >10,000 users in 3 months!). Once your following is large enough you can begin to charge for shout outs, product promotions, etc. and drive traffic to a blog or email list.
Gig Economy Tip: Platforms like Fiverr are dependent on reviews. If you’re just starting out, pay a friend to buy your gig and review it after you complete the project. This will allow you to have a high star rating which will allow you to get your next few customers. Without a rating, it can be hard for a client to trust you enough to give you your first opportunity.
Consulting is another area in which you can make use of your existing skills. Diana Melencio spent eight years working on Wall Street, and later used her financial background to her advantage, working as an independent financial consultant. This side business enabled her to follow her passion and to start OkMyOutfit, an online styling and shopping platform.
50 Writing letters to magazines You can make between £10-£200 for a good letter or photograph to a weekly magazine such as Take a Break or Pick Me Up, suggests Birtles. "If you have a really juicy story you can make even more, and you don't even have to write it, she says. Women's magazines particularly are usually desperate for items for their letters' pages, and even quite tame stuff often gets in.
This job is primarily successful for those who already use eBay extensively. At the end of the day, eBay is like any other market, and success requires being competitive in a market filled with other sellers. As such, being familiar with how other sellers price and describe similar products to your own merchandise will help you hit the ground running when you begin selling. The business is also ideal for those who enjoy a flexible schedule and are motivated self-starters.
The good news about starting a side hustle online is there’s no age cut off, no employment reference check, no having to get dressed for a job interview, no having to ask for a raise, no having to work around people, no having to get dressed for work, and you can take as many breaks as you desire all while still getting paid. Only thing is, you have to put away your own money for retirement (if you do decide to later on), pay your own healthcare, and money for additional costs.