Hello and thank you for the great article. I have been reading where you can use side hustles to contribute to self-managed retirement plans (aka Self 401k). Many of these gigs seem cash based – anyone out there contributing to their own Self 401k/Sep/Easy accounts? If so, what documentation is required to support the connections between the side hustle and the contributions to the self managed retirement plan?
For example, you can promote yourself as someone who is available when others usually aren’t – after regular business hours and on weekends. Get your clients used to your schedule by listing your hours on your business cards, stationary, website, and voice mail. If they know in advance not to expect a return call until after five, they won’t be irritated when it happens.
A large proportion of homeowners and small businesses have lawns to tend to. Many turn to independent providers of yard work services to take care of their lawn care woes. To start and sustain a yard work services side business idea, you need training, equipment, and a growing network of customers. In the U.S., a full-time landscaping and groundskeeping worker reportedly earns a median wage of around $25,000, while those working on this as a side business idea largely during evenings and weekends can expect to make substantially less.
Web designers are incredibly valuable for technology companies—which is why becoming a freelance web designer is a top side business idea today. Web design is all about mastering the art of creating a beautiful, value-driven experience for the people using a website or app. There are always new websites popping up in need of professional web design, and foundational books like HTML & CSS: Design and Build Websites by acclaimed web designer Jon Duckett and Don't Make Me Think by user experience legend Steve Krug will get you started down the right path to quickly determining whether or not becoming a web designer is a viable side business idea for you.
As a soapmaker, you'll formulate soaps and perhaps other personal cleansing and beauty products according to your own recipes. You will market your offerings along sales channels that might include ecommerce, farmers markets, arts festivals, wholesale placement in spas and boutiques, and even door-to-door sales. You'll explore a range of options to see where you can find a loyal customer base.
Hey Grant! This is a great post! It’s so refreshing to hear of side hustles other than the typical options like Uber, Lyft, etc. I’ve been selling concert tix for over a year and have made some good money….I’ve also lost my ass a couple of times. There’s a definite learning curve! I’ll check out writing white papers since I loved writing in college. Thx for the tips!
As for the questions an Amazon recruiter might ask, Bezos himself offered guidance for hiring standards 20 years ago in his 1998 letter to shareholders. He encouraged decision makers to think about three guiding questions: "Will you admire this person? Will this person raise the average level of effectiveness of the group they're entering? Along what dimension might this person be a superstar?"
Another option for earning a side income is to deliver for PostMates. Similar to working for Uber and Lyft, you can work whenever you want. While the pay might not be enormous, you do have the ability to earn tips. If you're in a highly-trafficked area such as Los Angeles or New York City, this is a great way to earn some cash and you don't even need a car.
On a more casual level, there are a variety of service businesses that make great side businesses. Sites like Craigslist can be a great way to put your skills to use and piece together revenue. Do you know what interviewers look for? Consider offering resume building help. Know multiple languages? Put your skills to good use and offer tutoring or language conversation lessons. Do you love animals? Advertise yourself as a dog walker for your neighborhood.
Client-based: These photographers are hired by different clients and charge a certain rate per hour or per session. Their clients range from individuals, couples, families, advertisement companies, fashion brands, travel agencies, schools and corporations, etc. For instance, wedding, portrait, and headshot photography are all client-based business models.
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.
There’s a big difference between drinking beer and learning how to brew it. But, with patience and a bit of persistence, brewing it yourself could result in something special over time as you perfect your craft. Pick up a starter kit, like one from Mr. Beer and get creative about finding a winning flavor combination. Start small by setting up a booth at a local street fair and networking with local restaurant owners. Be sure to brush up on local regulations and proper licensing before you start selling.
It’s always great to get new sheets, blankets, pillow cases, and comforters, but going to the store and picking through options can be tough, especially for consumers with limited time. This is where your online store can come in, providing customers with quality products and the convenience of purchasing online. This is a win-win situation for the customer, and for you.
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.
The first obstacle everyone encounters when starting a side hustle is the idea. There have been a lot of articles published with “business ideas you can start this weekend.” The problem is, these “business ideas” consist of things like delivering groceries, babysitting, getting a minimum wage job or even becoming a barber (I kid you not, that was a real suggestion). Those are all incredibly lame options!
How can you avoid that? Start a side hustle you can fund through savings -- or better yet, that you don't need to fund. Provide a service that only requires the tools you already have. Sell products you either make or can procure by consignment. Prove to yourself that there is a market -- and that you can serve that market -- before you take on any debt.
I am very skeptical of most MLMs (#55) but I really like the model of Melaleuca. This is an MLM that does not require any purchasing of items to sell upfront like most MLMs. Money is earned by enrolling others in their online shopping club and receiving a monthly commission on their purchases. Plus there are plenty of monetary and product incentives for enroller and customer. The products are great, ‘green’, non toxic items that replace what you are already buying at stores (cleaners, bath and body, vitamins, shampoo, weight loss, etc.). Check it out for yourself and as your side hustle business!
I struggled with creating spreadsheets to track my progress because it’s the least sexiest thing about blogging (for me, anyways!). But since I started doing it the right way, and checking in to update my progress every Sunday night, I can evaluate what’s working and what’s not. The results have been amazing. I wouldn’t be able to get this type of insight without tracking my numbers.
That’s my plan. No kids, no spouse, parents deceased. I’ll never be able to retire. On PSLF, but forgiveness not approved until 120th payment. Many are not being forgiven now. I take courses to stay in deferment. FedLoan bases payment on gross; not net. How does that make any sense?! After bills I can’t afford the payment. I have 3 grad degrees. Was supposed to be a psychologist. APA & NCE won’t accept my 15yo degrees for the national exam. So I teach at a CC. Over 180,000 in debt now and it grows monthly.
I was a flower girl when I lived in Hawaii, I would work evenings after my 10 hour shift at a resort as a manicurist. The Flower business owner would cut and prepare gardenias, orchids. carnations in a water vial. I also carried Hawaiian Leis . I would drive to restaurants and clubs that she had prearranged permission with the business owners, I would walk around without being salesy carrying my pretty basket of flowers and smile at everyone. The flowers would sell out in a couple of hours and I would go home with an extra 300 to 500 a night. if I lived in a big city now I would do this on my own. it was the easiest money I ever made. some nights I’d sell out in an hour!