Of all the suggestions on our list, driving for Uber has unique perks: no time spent on your feet, and not all that intellectually challenging. There is a lot to be said for a side business that still enables you to focus your mental and physical energy into your dream startup, so if you are concerned that a side business like freelancing may stretch you to capacity, driving for Uber might be a good fit.
I didn’t launch Millennial Money to make money. I launched it because I really like thinking and writing about money. I also feel like it’s my personal mission to share sound financial advice and spread financial literacy. It just so happens that pretty much everything I get interested in turns into a business opportunity. The money from the blog is simply a by-product of my passion for writing. If you don’t enjoy writing then don’t start a blog – you really have to love writing.
If you keep your money hidden in the attic or earning close to nothing in a savings account, you might want to consider putting it to better use through smarter investing as your side business idea. Sure, there are plenty dangers to look out for, but most personal finance experts will advise you to start learning about the stock market if you want to grow your wealth, and to avoid jumping too heavily into trends like Bitcoin and other cryptocurrencies without proper understanding.
If you want to speed up the process of launching your blog, I recommend setting up quick, affordable and easy website hosting with a company like Bluehost, choosing a simple WordPress theme and working on your first post, in order to set the precedent of prioritizing your time on creating content, connecting with (and building) your audience. Then once you've been able to build a community around your blog, you'll want to invest in really understanding your readers—so that you can give them more of what they want.
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.
But that was 2007, and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. According to the Bureau of Labor Statistics, freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here. The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020.
You will need to find a niche for the different types of jewelry that you will be selling. For example: if you mostly make wedding and event jewelry, start there and then branch out. If you want to sell everyday jewelry, or specific pieces like necklaces, bracelets, or earrings, you can divide these into separate categories in your store for ease of browsing. When selling jewelry online, you will need great pictures, and you will also want to include detailed descriptions.
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?
“There's a great temptation to assume that side hustles are just for "special people," like artists, dreamers, and 17-year-old computer geniuses. But Guillebeau deftly proves everyone can (and should) have a side hustle. More than that, he shows you how. He is living proof that this book works, and so are the many people who have followed his roadmap.”- Jon Acuff, New York Times Bestselling Author of Finish
This is where you decide on your target audience. Do you want to come up with plans for people who are concerned about their cholesterol; people who follow a certain type of diet (vegan, etc.), or do you want to go in the direction of weight loss? Eventually you can cover a range, but when you are first building your business you want to focus on one particular niche. Once this is established you can build your business to include other niches as well.
Fitness trackers can help to monitor steps, heart rate, calories burned, sleep, and much more. You don’t have to actually design your own fitness tracker- you can display the types of trackers you want to sell, then find a dropshipper. Basically, this means that the product is ordered from your store, the shipped directly to the customer from the dropshipper (or company).
A friend’s son was a member of the Chess Club at his elementary school. He spent one day a week after school for an hour, learning how to play chess. His parents paid $40 for 8 weeks of this club. That money went to the leader who was teaching everyone how to play chess. He paid a small rental fee to the school, but everything after that cost was profit for him. This brilliant idea could be a side hustle for you on the weekends or evenings. This entrepreneur offered these services to four different schools, worked just an hour a day and was able to live on the money he made while going to college. This is definitely not limited to chess and could be offered at a local rec center, a church, or the library.
I receive at least 2 emails a day asking me for my expert opinion on a given company or website. Is so and so a legitimate company? Should I pay $49.95 to work with DataEntryBlahBlah.com? Honestly I'm not that much of an expert. I just know how to do a little research. If you're currently thinking about joining a work at home company and a fee is one of the requirements, put your wallet or purse down. Before you make a decision that you might regret, watch the video we created. By the end of watching this video, you'll never question whether or a not a company is a scam. You'll know with certainty if it is!
Have a knack for staying organized? If you're a jack of all trades, you should consider working as a virtual assistant as a side business idea. You can find great gigs on Elance, Indeed, or Upwork. It can be an awesome way to rub shoulders with some very important people, build up your professional network, develop in-demand new skills (like creating GIFs and VR videos), grow your side business idea and you'll have the added perk of being able to start this as a home based business idea. Becoming a virtual assistant can be a particularly great side business idea if you're hoping to travel the world while making money online as a digital nomad.
Obviously, this business is ideal for veteran, practicing artists. It is also educational in nature, so it is good for those who have formal or informal experience with being a teacher or teacher's assistant. Finally, it's a job that is best for a “people person,” as your entire business model revolves around prolonged contact with strangers, so being able to engage and connect with them immediately is crucial.
I’ve had other acquaintances buy the rights to unpopular songs or jingles and collect on royalties, others who buy Youtube channels or Instagram accounts, and still others who buy Amazon businesses. The list of existing assets you can buy are practically endless, and if you have one or two ideas for improving an asset, you could have a winner on your hands.
Sometimes it seems like there’s an app for everything. Yet somehow, new ones keep popping up and selling for lots of money, all the time. If you spot a niche that hasn’t been filled to its potential just yet, and you can learn the coding skills (or know someone who already has them), you could be on to something with this side business idea. Today, it's even possible to build an app without any coding skills whatsoever. Just make sure you validate your app idea before jumping too far in. Even if your app business idea doesn't pan out to be a best-seller, you'll still pick up valuable skills.
Knowing your goals for your side business enables you to prioritize your side business and your day job more easily. If you intend to grow your side business to the point that you can quit your day job, you might take a day off work so you can shoot the event. However, if you need the stability of your day job and its benefits more, you'd probably want to turn the event down.
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.
This article is excerpted from U.S. News money senior editor Kimberly Palmer’s book, “The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life,” which was released this month. Copyright © 2014 Kimberly Palmer. Published by AMACOM Books, a division of American Management Association, New York, NY. Used with permission. All rights reserved
Whether you are looking to boost your income, pay off debt, or increase your savings, side hustles might be exactly what you need. A side hustle is a second job that not only brings in money but also allows you the flexibility to work your full time, regular job. Any of these 24 awesome side hustles can give you the income you need while also working a full time job.
Nothing beats playing your favorite game. But getting paid for coaching a sports team and staying close to the action is the next best thing. Not only will you learn new skills, you’ll earn money getting your team into shape with this side business idea. The median pay for sports coaches clocks in at $30,400 according to the US Bureau of Labor Statistics. Expect to have only a slice of that if you’re signing up for part-time coaching as a side business idea only.
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.
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?
Furniture flipping is actually a really fun business. I’ve dabbled in this myself a time or two, and it’s a great way to make a few extra bucks if you don’t mind putting in the time. What you do is scour garage sales, Craigslist, or even the side of the road on trash day looking for furniture that’s in need of a little TLC. Then, take the time to fix, refinish, or paint the furniture, and resell it for a profit.
The firm wants to look smart on a topic and then use the white paper as part of their sales strategy. The funny thing about these reports is that very few companies actually write them – they hire freelancers to do it. If you were good at writing college papers then you will be awesome at writing white papers. I’ve written papers on all kinds of things and even hired my own researcher in India to do most of the fact finding for me. Always be hustling! A great place to look for these gigs is on Craigslist or through networking at local corporate events. If you go in expressing interest in white paper writing you can find likely find some gigs.
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If you don’t mind doing other people’s chores, then TaskRabbit may be the right side business idea for you. Earn a little side money doing odd jobs like walking your neighbor’s dog or mowing Mr. Smith’s lawn. Running errands not your style? Tell that to the top taskers on the portal who reportedly earn as much as $7000 a month, making this a full-time business idea for some.
In many states, completing a driver’s education program is a requirement for getting a new driver's license or a learner's permit. Every state has different driver’s education requirements. Instead of paying a fine for a traffic infraction, many states offer the alternative of attending traffic school and the courts may also mandate that a person must attend a driver’s education program. Moreover, attending a defensive driving program may also entitle a driver to have lower vehicle insurance premiums.
It’s funny that you put baking of all things on this list. I’d often considered the idea of baking cookies and things and selling them on Facebook garage sale sites and things like that – until I made Christmas cookies last week and found out how difficult it is. Let’s just say it gave me a healthy appreciate for the people who make all the tasty desserts I regularly enjoy!