Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off (Insure.com went for $16 Million in 2009) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea. But beware: some experts doubt the long-term viability of this business idea, so you shouldn’t quit your day job just to put all your effort into this one without some successes already in the bag. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names. Imagine owning desirable domain names for the next decade's most innovative companies.
A survey company creates, distributes, and analyzes surveys for a variety of businesses or special interests. The purpose is to collect feedback before deciding to alter policies or processes to improve efficiency and overall satisfaction. Owners may either work on a per-case basis, or choose to specialize in a specific niche. For example, a survey company that only administers surveys to students about their professors.
1 Antiques/collectibles dealing Know your stuff when it comes to certain kinds of collectibles? If so this can be a great way to make money from a hobby. Trading sites such as eBay make it easier than ever to reach your target market, according to Trent Hamm, author of US money-saving blog thesimpledollar.com. "I had some success with this myself in the past, trading cards and video games," he says.
There's a huge growing market for mobile phone accessories, and plenty of handmade sellers are raking in 6 and sometimes 7 figures from their phone case businesses. You can get your own phone case business up and running as a side business idea in a matter of days with turnkey solutions from Case Escape, my previous company, and you can now get ready-to-go kits that'll give you everything you need to start a phone case business. Once you're up and running, you can sell cases on Etsy, Amazon Handmade, and Fancy. During our first year of selling phone cases as a side business idea on our Etsy store, we made around $60,000 in revenue from that selling channel alone—not to mention additional sales from fairs, trade shows, promotional products vendors, parties, events and other online marketplaces. From there, the sales only continued growing and we graduated from side business idea to full-time company that I ran with my best friend for multiple years.
With made-to-order fashion going mainstream, this industry is fueling a lot of side hustle opportunities. If you know how to mend clothes, then you have a growing market of budget-conscious and personalization-obsessed customers readily available. As long as you can get your hands on a commercial-grade sewing machine, start by offering to partner with local drycleaning and laundry services in exchange for referral fees every time they send you a new customer.
Yes, even the PowerPoint presentation requires outside consulting every now and then—especially if it's not your forte. I know I would happily outsource the visual layout of my presentation decks for work meetings, investor pitches and lectures. Tobias Schelle of 24Slides is living proof that you can turn your skills at slideshow presentation design into a legit side business idea—and potentially earn up to $20 a slide for your time and talents.
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 ...
Fifty-one percent of millennials have at least occasional side hustles that they rely on for a cash stream outside their primary source of income, finds Bankrate. The personal finance site surveyed a little over 1,000 people across various age groups and income brackets and found that roughly 37 percent of Americans overall engage in a regular side hustle, including 28 percent who perform their side hustle at least once a month, if not more often.
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).
This list offers some great ideas and inspiration for folks looking to increase their income. There’s really no reason that anyone with some ambition, a good work ethic, and “people skills” can’t earn some extra money (or a full-time income) pursuing some of these self-employment ideas. I’ve done a little research, myself, to compile a list of small business ideas, and stumbled upon a few possibilities which you didn’t cover:
Finding a legitimate work at home typing job is a full time career! You search high and low and all you find is people asking you for money that you're trying to make, not give away! Well I'd like to share my story of how I secured my very first and only legitimate work from home typing job. I'm sure after you read it, it will help you secure one too!
According to a Gallup poll, more than 43 percent of employed Americans spend some time working remotely. This share is likely to increase over time in part because of the ways in which it can save workers and employers money. Remote job site FlexJobs estimates that working from home can save workers as much as $4,668, while Quartz calculates that telecommuters can save $2,524 a year.
Ideally, individuals with photography experience and an eye for architectural detail will be the best fits. Contacts in the real estate industry are an added bonus. It is also beneficial for the person to enjoy working outside or away from an office setting. Being in the field requires reliable transportation and an ability to transport gear, sometimes on foot for extended amounts of time, as well.
Anyone can sell goods on Amazon, provided you have products to sell (or buy low, then resell). If you’re the type to hit all the local garage sales each weekend, there’s all sorts of valuable things that can be resold online as a side business idea. If you want to step your Amazon selling game up, check out this detailed guide to Amazon and eBay retail arbitrage on Entrepreneur featuring an interview with Julie Becker and several drop-shippers who've grown this home based business idea from side business idea into a lucrative money-maker.
If you’ve always wanted to publish your own book as a side business idea, there never been a better time than now. That’s because access to self-publishing tools and marketplaces has never been easier and more affordable. This eBook writer currently earns up to a couple of thousand bucks each month from six ebooks she published; while you can reportedly demand around $1000 per eBook project serving as a ghostwriter. My good friend, Caroline Beaton used freelance writing as her side business idea to eventually go from secretary to self-employed, while focusing on her own personal development and looking inward to discover what she's truly passionate about.
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.
Obviously, this business is great for those who are already fit and have worked hard to create an exercise and health regimen that works, as they can use their personal experience to help educate others. It's good for someone who is a “people person,” as the entire job revolves around regular interaction with a diverse clientele. It is also good for someone who is a natural leader—just as a good manager or coach helps people to visualize and then actualize success, a good personal trainer helps clients visualize a healthier self and provides a pathway to achieving that goal.
Many families with kids, including single-parents, have very limited time resources, creating a demand for part-time child care providers (and a business idea opportunity for you). If you love kids and have some spare time, you can earn plenty of side income by looking after children while their parents are away. Just be sure to identify the particular age group you're comfortable caring for and you’re all set after any necessary certifications. Establishing a home-based daycare center capable of servicing six or more kids is also a lucrative way to really expand upon this business idea if you have the right environment for it.
Forget content marketing, video is the new king. Creative and video agencies charge gazillions of dollars for high-end production, so there’s a lot of demand for budget services. If you know your way around video editing software, this is a great opportunity to make some extra cash. Combine this skill with a voiceover service and you have the beginnings of a promising online venture. Many businesses and private clients are looking for video editors on freelance marketplaces, such as PeoplePerHour, Upwork and Freelancer, but you can also get extra exposure and generate profit by setting up a YouTube channel and creating some value-driven video content.
Some firms outsource their customer service operations and many of these companies accept home-based contractors. You can start by signing up on freelancing sites such as Upwork to test the waters with this business idea first. If you’re already a CSR specialist with management skills, then you can form and lead a virtual team online and engage clients as a bona fide customer service company or, provide customer service training to such teams as well as individuals.
While I recommend you start with one side hustle at first so you don’t spread yourself too thin, because you are your own boss, you can test out a lot of different side hustles to find one you really love and/or that makes you the most money. That’s the beauty of side hustling – you aren’t stuck with any idea. Use every opportunity to learn, build new skills, and make new connections. You can’t even begin to imagine the doors that will open as you explore new ways to make money.
If you're toying with the idea to pad your income with a side job, this book is a decent start. It gives you some suggestions about what to do, links to further resources (often other Nolo books), and some good tips on topics as diverse as marketing or how to deal with various types of business people, including lawyers. I went through the book easily and found it well- written and understandable.
For many, beekeeping starts as a hobby. It doesn’t take them long, however, to realize what a fascinating and fulfilling career it can be. Beekeeping isn’t just about collecting honey; it’s about getting to know your bees, their behaviors, and their response to the natural environment around them. How rewarding would it be to parlay your passion into a career?
If you’re still not having any luck with the jobs I've shared above – check out FlexJobs. The company has a A+ rating with the Better Business Bureau, along with a money-back policy if you are unhappy with the website. FlexJobs guarantees that every single job is hand-screened for legitimacy. This is a great way to search for legitimate work at home jobs without the hassle of dealing with scams.
When setting up your online store with Selz, you can customize your products by choosing the perfect font from hundreds of options. At Selz, we know that choosing the right font is a key method of branding your product. We also know that the first option you try likely won’t be your final choice; so make sure to preview multiple fonts, and keep in mind the ways that this design choice enhances the product you are selling. Soon you will be making some side-income from your passion.
Does your job offer you the flexibility and adequate revenue to help you fund your startup? If so, you might be set. While you can certainly supplement your income by combining your day job with one of these side businesses, consider thinking of your full time employment as a means to an end, and focusing any extra income after living expenses into your startup.
While this is not technically “at home,” you can still earn great money without ever getting on the phone using your personal car, bike, or scooter to deliver food, give people rides, and even picking up groceries. The great thing about these companies is that it's also very flexible work. No one is telling you when to start and stop. You just do as much work as you can, when you can.
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 keeping your home organized comes naturally and you enjoy helping other people, consider becoming a professional organizer as a side business idea. As the need for baby boomers to start downsizing grows, you can use your organizing and decluttering skills to start making an industry standard $50-125 an hour with very little startup costs and some free expert advice from Jen Kilbourne. Believe it or not, pro organizers don't just work with hoarders. More and more people are hiring professional organizers in order stop wasting time and money due to the stress of everyday disorganization. What's even better, is that you can take this on as a side business idea during the nights and weekends when your clients will be at home.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? Take my friend, Mark Jackson's lead with what he's doing to build a travel consulting side business idea. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals and eventually you could spin this business idea into a full-time consultancy teaching people how to make your dream trip a reality.
Okay, so you won't make money that fast with a blog. But, if you start a blog and deliver enormous amounts of value, you could set yourself up with a platform for ending a tremendous amount of passive income. This is something you can easily build on the side with just a few hours of work per week, but you need to stay consistent and post great content regularly.
Blogging is a great side hustle because you can do it at your own pace anywhere you want. It's not a quick and easy way to make money, but there are a lot of ways to make money side hustling while blogging. You can sell advertising, become an affiliate for other people's products, sell your own online product, and more. It does take time to build up an audience to be able to make a decent amount of money, but once you have a large following, you could earn over $15,000 per month or more (we do).
Enamel pins are back and they are popular! Selling enamel pins online is one of the side business ideas we are most excited about. The first step will be figuring out your audience- who are you going to sell these pins to? Next, you will need to come up with a unique design. Think long term here. You want a design that will still be popular six months down the road, or your hard work will have been for nothing.
Thank you so much for this list. I have been deliberating on starting a consulting/coaching business for so long now (2 years). I am not working at the moment as I took a career break after my MBA to start a family and now look after my child. Consulting for SME’s has always been my passion, it was actually my MBA long term goal but since I am yet to attain my short term goal (getting a job and more experience) I am hesitant to start my coaching business. My fear of not starting has been around how a new employer will perceive me when I am ready to go back to work. Are there people who openly run a side hustle and their employers know? I am in the UK and currently starting to look for a job but it is taking longer than expected, I also would like to know how this applies in the USA as I will be moving over in two years. Can you advice, anyone with experience in both markets please advice.
When I set out to start in on a new business idea, I always make sure it aligns with both my core competencies and my interests. It starts with learning how to discover your strengths as an entrepreneur, and it's how I make sure I'll be engaged, even when the going gets rough. I learned this the hard way when I decided to start a freelance business a few years ago to offer my freelance content marketing services.
Obviously some of these small business ideas have more earning potential than others, but what they all share in common are relatively low barriers to entry and the flexibility to work at them for a limited amount of time per week. I also tried to focus on side business ideas that have some sort of online component to them, since that's what I love most.
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.
Think about websites like Udemy, which gives teachers a platform to teach online courses. A business like this allows people to share their expertise with students while making a living—all without the need for a physical location, or even a set schedule. Or maybe you prefer to approach things a little more creatively. If you’re crafty, you might consider a custom phone case business, which helps you lets customers add personal flair to their phones.