Side hustles are my jam. Seriously, I wouldn’t be a millennial millionaire and have achieved financial independence at the age of 30 without side hustling. I’ve always been hustling. It’s in my blood. I can’t help it. Everything I look at in life I see a business opportunity. Sometimes it’s a blessing and sometimes it’s a…. well I guess it’s always a blessing. #gratitude
Many small companies and startups now outsource jobs that aren’t part of their core business (such as HR, admin, and accounting), which makes this skill set a great opportunity for starting a side business idea that engages your number prowess. Because companies always need to track their cash flow, freelance accountants and bookkeepers can really benefit from the increasing demand for part-time help.
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.
If you love baking and are able to keep your hand out of the proverbial cookie jar, making gourmet cookies is a great side hustle with plenty of long-term potential. Start by learning how to execute unique and tasty gourmet cookie recipes, then seal the deal by creating or purchasing professional-looking packaging. Sell your cookies online or to people in your local community.
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After you have exhausted your skill set, consider what you may have to offer others. Think about what others want to have done in their life that you are willing to do. Consider all the things people pay for professionally, but would love to save money by paying you a bit less. These 5 examples are awesome in that they come from someone thinking outside the box.
In the last few years, I’ve created online courses, launched a self-published book (under a fake name—not proud of this one), done marketing consulting, launched an email course, Airbnb-ed my apartment, traded stocks, bought cryptocurrency (my best investment to date), bought a condo and put it on Airbnb, wrote a book (a better one), bought a business, put affiliate links on my site, given paid talks, written book summaries, and built an affiliate site for a basketball dribbling course I never took (also not proud of this one).
Many of my readers have started proofreading from their iPads, scanning legal documents for court reporters as a result of the Proofread Anywhere eCourse I recommend. You can read some of their testimonials in the comments on this post. They offer a 7-day intro course free so you can decide if that line of work is right for you before you pursue the training.
Fiverr is a great place for first-time freelancers who might not have tons of experience and want to build up a portfolio of their work. You'll be able to complete simple tasks ranging from logo design, to creating animations, or even drawing a company logo on your forehead. While this side business idea likely won't be growing into a million dollar startup for you, it can still be a platform for funding your next big business idea. Want to learn more about Fiverr's history and how to get the most out of selling on the platform? Listen to my interview with Fiverr CEO Micha Kaufman.
A pet waste removal business eliminates pet waste from customers' yards. This is an essential service that beautifies properties, improves cleanliness, and reduces the chances of illness. Though most pet waste removal business owners remove dog waste from yards, services can extend to emptying cat litter boxes and the waste spaces of other animals.
College counsellors come in all shapes and sizes. Their primary duty is to help guide students through an important period in their lives. Some counselors focus on admissions, career advice, financial aid, athletics, extracurricular activities, and other concerns. There are institutions looking out for part-time college counselors, making this a fantastic side business idea, or you can even start your own practice and charge anywhere from $25-$100+ per hour for your consultative services if you're well-versed on the subject.
Affiliate Marketing Tip: Ask the affiliate program or content creator for assets you can use to help you market their product. For example, there may be a lead magnet or free tool you can use to incentivize people to purchase the product. Often times, a piece of content can help ease a potential customer from a cold lead into a warm one. Thus, giving you a better chance of succeeding with this side hustle.
As an online marketer and a software engineer, I am obsessed with sales funnels. However, many people struggle with creating the proper funnel that converts. It takes a high degree of technical and marketing knowledge. However, ClickFunnels, a SaaS business with over 40,000 customers, which was started by Russell Brunson, takes all the guesswork out of that. Build a sales funnel and automate your selling with a platform like this.
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.
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.
6 Car boot sales This is a part-time occupation that increases earnings and broadens horizons as you make sales and get to travel, says Emma Jones, author of Working 5 to 9: How to Start a Successful Business in your Spare Time, and founder of the website enterprisenation.com. "Consider selling specialist items and building a reputation for being the go-to person; offering your knowledge and expertise with the product can increase the price you're paid," she suggests.
Med Trans, Inc. provides medical transcription services to doctors' offices and healthcare facilities across the US We recruit and train contractors to work from home either full-time or part-time as ... Work at home and at your own pace; You make your own schedule; Ability to work day or night depending on your preference; High demand in several industries for transcribers; Ability to spend more time with ...
This product has really exploded onto the market over the last few years, and new kinds are coming out all the time. This is an item that is popular with a huge portion of the population. The branding you use will depend on whether you sell your own product or partner with a larger company. Regardless of your choice, you will need an appealing storefront, which Selz can help you achieve.
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.
Although babysitting is not a new business venture, the earning potential, as well as the technical aspects of the business have increased exponentially in recent years. Demand for qualified and reliable individuals to monitor and interact with children is growing daily. This service is generally provided either at the client’s residence, but can be offered in hotels, event venues, or in the babysitter’s home.
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.
If you’re stuck here, research your competition again and talk to people already doing what you want to do to see how their first six months went. People love to talk about themselves and share their stories, so don’t be afraid to reach out to someone and ask to talk with her only to hear about her story (don’t ask for anything in return, though, just ask to hear her story).
If you’re forced to disclose the fact, it might make your employer suspicious of your on-site activities and cause them to watch you more closely. On the other hand, it may make them see you in a new light and open opportunities for you with the company. Either way, you’ll have to carefully consider whether or not your employer has the right to know what you’re doing, and what, if anything, is at risk if you don’t tell.
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.
Selling Information Product Tip: With this side hustle, focus on niches where people have a huge problem they need to solve. If you’re in the fitness niche, you can create a fitness workout course or a diet plan with recipes ebook. If people are desperately trying to solve a burning problem, there’s an opportunity to provide value by helping them solve that problem. The content you create can guide them towards a solution. Best part: you could make money while helping people.
Affiliate marketing is the ideal way for any side hustle or to prosper. All they have to do is start a blog or website, preferably a self hosted WordPress blog, and start discussing a niche topic they’re passionate about. One thing I tell people about starting up a business online is a side hustle is that you have to be passionate about what you’re doing and not look at it as a second job. If a person loves doing what they’re doing as a hobby, it’ll transform into a full-time business and not only be more successful than hoped for, but will most likely end up becoming a millionaire and inspiring others to follow their lead. Becoming a millionaire is one thing. Appreciating the process and being thankful for the learning experiences is another.