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.
Starting a podcast and building authority within your specific niche is an exciting way to grow a personal audience of listeners who regularly engage with your content. Since Apple's podcast store has a built-in audience and ranking system, you may be able to launch your podcast with a high volume of listeners. If that's the case, you'll rise to the top of the rankings and gain a huge amount of exposure.
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.
28 Market research Get paid for your opinions by signing up with sarosresearch.com and taking part in focus groups, suggests Birtles. "You get between £50-£100 cash, plus food and drink for saying what you think about products or services for a few hours. Or be the one asking the questions. Ipsos Mori offers flexible hours to people willing to do phone interviews or knock on doors to ask people questions. You make between £8-£10 an hour on average."
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. Just take a look at what Jacob Huss of Soteria Designs is doing wit his hobby of hand-building furniture and wood jewelry. With more and more people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. Not only is the real estate sector regaining its footing, the number of style-conscious customers is also on the rise, creating plenty of room for growth into this business idea.
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?
I remember staying up until 2am to start my blog on a work night (and I am in bed at 9pm normally!). I was so excited, I couldn’t help myself but go all in and start. This is the type of enthusiasm that works really well with starting a side hustle. The more excited, committed, and focused you are, the more likely you’ll be disciplined and therefore, successful.
Suzanne lives in Texas and has been a full-time freelance writer for 20 years. She’s written for numerous business and financial publications, both online and in traditional print media. She also owns her own small business and has a passion to help others achieve their dreams of financial independence. Her goal is to eventually work from a remote island that is equipped with Wi-Fi.
Side Hustles are one of my favorite methods of making extra money, and I love encouraging my readers to start up a side hustle. This blog originally began as a side hustle and l never imagined that it would become my full time job. (Click here to see how to start a blog, or here to learn how I made $160k from my blog side hustle.) But side hustles don't start from nothing. 99.9% of “side gigs” have to be actively managed (and grown!) “on the side” – often on top of full time work. Balancing a full-time job and a side business is not for the “faint of heart”, but it can be done. Below is my guide for how to make it happen and how to (eventually) quit your job and do your side hustle FULL TIME.
From the inside looking out, I want to see the world as clearly as possible. And so do a lot of homeowners and particularly office managers. Now that creates a demand for window cleaners to step into this business idea, especially if you can land a contract cleaning windows for an office building. If you want to try it out as a side business idea, here’s a step-by-step guide on how to start a window-washing business at home.
Photography Tip: If you plan on selling your photography on a stock photo site, it’s a numbers game. The more pictures you take and upload, the better chance you are to be found. You’ll need to make sure you use the right tags so that people can easily find your photos. The more pictures you take, the faster you’ll develop your photography skills over time. So it’s an all around win.
Find an audience for your passion or hobby and you’re all set to monetize something you love via a niche website as a side business idea. That of course, is easier said than done, something not intended for the faint of heart. Prepare to invest a lot of your time, but if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it.
I have worked as an SEO and digital marketing consultant for over 10 years and booked side gigs ranging from $500 to over $100,000. This has been by far my most successful side hustle. And even though SEO has become more of a commodity service – it feels like everyone and their mother does SEO these days, I have built a referral network that continues to generate new clients.
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?
A greeting card business sells greeting cards to customers. These greeting cards can be for a number of occasions, including birthdays, holidays, reunions and even funerals. Cards can either be sold directly to customers or to retail dealers. If they’re sold to a retail dealer, the dealer then sells the cards to customers. Some greeting card businesses operate online, selling cards to shoppers and shipping them.
The demand for dolls has fluctuated over time, but they do continue to withstand the test of time. A custom doll maker will handcraft dolls for clients based on either public demand or personalized requests. For example, they may create dolls that reflect current pop culture or political icons, or they may handcraft dolls that resemble the client who ordered it.
I was babysitting and freelance writing to make extra money while I built up my blog. I did all three at once while working full time. I had a lot going on, and I’m so glad I stopped babysitting and freelance writing, because I was barely making any money blogging at the time. It took stopping these other side gigs to be able to focus on my one side hustle, blogging.
Hi J. Money. I graduated from college about a year ago. I am work as a sales man in a pharmacy store. I am passionate about getting credible information about managing my finances.I just stumbled on your site. I observed that you respond to comments from each one of your readers. I confident you site will be enriching. Let me mention that I am Nigerian, and resident in Nigeria.
Countless small businesses start out their web presence using a WordPress hosted website (myself included) before needing to upgrade to other solutions for various reasons. Many of them will pay several hundreds of dollars for someone to get their business idea set up online. If you have the patience to learn how to do it yourself, it's an extremely valuable skill and can be turned into a very lucrative side business idea—especially if you sign up for affiliate programs with companies like Kinsta, who offer high quality managed WordPress hosting plans that allow you to collect fees from the clients you refer their way. Plus, with the skills you pick up from this side business idea, you'll be able to spin up other profitable website ideas like my friend Andy's been able to do with his site, AwesomeStuffToBuy.
In the strictest situation, you may have signed a non-compete agreement that forbids you from opening a side business that would compete with your employer. Understand that "competition" can be construed fairly broadly by your employer, and may include businesses you think bear no direct relation to your job or your employer's business. This could turn into a legal issue.
Though illustrating can sometimes be a slow process, if you’re capable of making high-quality images in a short time, you can supplement your income with an illustration business. Cartooning, sketching, and such are in-demand and being able to provide these services can set you up with a steady stream of clients while you work a limited number of hours a week.
Freelance Writing Tip: The best freelance writing opportunities are on ProBlogger. It’s the platform I used to find freelance work here at Oberlo. I also landed a few other top clients from the side job website. On average, the best paying freelance jobs are on there. However, if you’re just starting out, you might want to focus on building your portfolio and skillset on Fiverr, Craigslist or Upwork first as it’s easier to land your first few clients on those websites.
As for other tips, all I can say is “a penny saved is a penny earned”. If you are running out of ideas to make money, start saving. Some quick “low hanging fruit” tips to save some quick cash include – switch to MetroPCS or Boost for cellphone (I only pay $20/month), switch auto insurance to Insurance Panda ($25/month), and start using GasBuddy (saves me like $100/month at least. I drive a lot).