Having a YouTube business is a great way to make some extra money without having to dedicate too much time. There’s a number of celebrities who owe their fame to YouTube and an even larger number of people who have made money with less recognition. A large number of subscribers and interesting content can help you monetize your content. This business only really requires as much time as it takes you to create and upload your videos.
If you're operating your business as a sole proprietorship in the United States, you don't technically need an EIN for the business – you can file taxes for your business along with your personal taxes. However, you may want one if you want to open a bank account for your business, or if you don't want your Social Security number to appear on business documents.
Oh man, I haven’t experimented with those myself, but I’m all about trying out new things! I feel like you really have to just give these things a shot to really find out if it’s something worthwhile or not, as too many people have skewed opinions and situations. Worse case you can always just stop and/or sell your car, right? So I say give it a shot for a month and then report back your findings ;)
I didn't even know if I were capable of "creating a second income," but I feel confident, after reading this book, that yes, indeed, I can do just that. The book is divided by chapters, then sections of chapters, such as "Starting the Right Side Business," and then goes on to list and provide information about common side businesses that one might consider when choosing the right one for oneself.
Blogging Tip: If you’re passionate about blogging, create an online store that you can monetize and add a blog onto it. This allows you to start monetizing your asset before you’ve built your audience. Plus, the combination of content and commerce is a powerful one. As your blog grows, you can use retargeting ads to monetize your blog traffic to land even more sales. If you pump out regular, quality content you’ll quite possibly have a few home run posts that bring you a ton of traffic that’ll be easier to monetize than if you were hoping for a few affiliate sales.
The good news is, remote work can actually be high paying, and allow you to live the lifestyle you crave. Maybe you want to travel the world and be able to take your work with you, or maybe you find you work better from your home. Whether you’re an independent contractor or an employee at a company that allows for remote work, you have the option to shift your lifestyle to fit your needs and desires.
As traditional media declines and social media emerges, marketers are increasingly incorporating social media influencer marketing into their strategies. Ste Davies reports that this is both a smart and popular advertising strategy, with 94 percent of marketers saying it’s effective and an increasing number of companies planning on using it through 2020.
While the barriers to entry for a retail shop can be very high, one way to keep costs down and limit your time investment while you keep your full-time job, is to set up a weekend popup shop as a side business idea. More of whatever it is you’re selling—donuts, clothing, antique baseball cards, or anything else—will stay in your pockets instead of going to pay for operating expenses such as rent or utilities by choosing to pursue retail as a side business idea with a short-term rental. This guide from Shopify will give you a step-by-step process for getting your popup shop off the ground.
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.
EatWith is a great way to test the waters as a chef for your side business idea, and if you have enough rave reviews you might be able to turn your knife skills into a full-time endeavor where you're leveraging your network to book catering events. This side business idea is built heavily upon getting happy referrals, so be sure to over-deliver for your first customers, and ask if they know anyone else who could be in need of your catering services.
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.
But before you can graduate from side business idea and start earning a full-time living as a graphic designer, you'll need to build your skills—I recommend starting with reading the foundational book Graphic Design School and Steal Like an Artist, the incredible book by Austin Kleon about how to become more creative. To accelerate your education in becoming a graphic designer even quicker, check out the online courses Graphic Design Fundamentals and The Graphic Design Bootcamp. Then once you're an expert at your craft, you can further your education and move up to offering more hands-on experiences like design sprints for higher-value clients around the world.
Did you major in a subject like English, history, or math in college, or do exceptionally well on the SAT exam? Do you have patience with children? If so, you likely have what you need to tutor kids in particular subjects. Seek out parents or teachers and let them know that you tutor students in a certain subject, and offer materials for them to share, and phone calls will often trickle in. You can get going locally or expand across the country by offering to tutor online.
An eBay entrepreneur is free to specialize in the kinds of products that they love in order to establish themselves as part of a niche market. It is attractive because the job involves very little start-up costs or ongoing costs and the minimal training required for this job is provided directly by eBay. It is also possible to begin such a job in one’s spare time and then transition to full-time entrepreneur if the part-time gig is successful.
We’ve selected these ideas because they’re always at the top of the list of the most profitable side hustles, but don’t worry if you don’t feel particularly drawn to any of them. There are dozens of other skills that can help you to bring home the bacon. Head to sites like Skillshare, Udemy and GeneralAssembly to see what online classes are trending and maybe you will find your calling!
Says Abbey Finch, who used freelance writing to help fund her startup Scribe Space, “I also surprisingly got a lot of luck using Craigslist and Odesk to find new work. I did everything from writing for a local, free newspaper covering town council meetings to writing how-to guides for eBay. I’ve written for lawyers, doctors, home improvement specialists, a wedding band, and so much more.”
Right now my side hustles are selling on Ebay, a bit on Amazon and Mercari and doing phone work as an independent contractor (customer service). I have a daughter with autism in high school that I have to be available for and I have some illnesses that prevent me from working full time or doing anything physically strenuous. One of my problems is that I have a partially paralyzed vocal fold. I just had a cold and am still trying to get my voice back! So I need another hustle to add to the list for when I cannot work my $10. per hour phone job. Ebay slows down in spring and summer also. I am interested in the Notary service, how do I get started and what is involved? Also, I am interested in Prosper. What else am I missing? I tried blogging but when I’m not well I am not good at putting words together! I wish i knew how to build websites, seems like a good income there.. where can I learn without going back to school? Thanks for this blog.. very helpful and cool!