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.
Remember, side hustling is also about the time/money tradeoff, so it’s up to you to decide how much time you are willing to trade today to make more money to invest in the future. But, just like saving, I viewed the time I was prioritizing for my side hustles, as an opportunity, not a sacrifice. When I was hustling super hard, I did have to turn down offers to hang out with my friends or go to certain events.
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.
Build up a following on your Instagram account and you could quickly be approached by major brands, gear companies, and other relevant businesses that sell products or services related to the type of content you share on Instagram—creating multiple potential side business ideas that'll come to you. If you have the right marketing skills and hundreds of thousands of followers, you can easily charge anywhere between $500 to $5,000 per post (or more)—which makes for a very profitable side business idea. Check out this fashion Instagrammer on ThePennyHoarder, making a significant income from brand sponsorships. Once you get some traction, to cut down on the amount of time you spend uploading images, you can make your entire workflow more efficient by posting photos from your Mac or PC.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What's more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Upwork, which makes this a high-demand side business idea.
Successfully starting a blogging business requires a lot of passion for a particular subject and a desire to share that passion with others. The passion is often more important than what the subject itself is, as there are blogs on all kinds of topics -- and readers interested in all kinds of subjects. Creating content for a blogging business requires a significant amount of time, but the tasks can easily be arranged around a full-time job or other obligations.
Have some extra space in your home? Turn that extra bedroom into a “bed and breakfast” room. If you live near any sort of tourist destination, you can try your hand at renting out a room through Airbnb or CouchSurfing.com. You may also find paid hosting opportunities in your community: Sign up to host exchange students, visiting professors to a nearby college, or hospital patients receiving long-term treatment.
Aside from an attractive glossy cover, and being extremely critical for today's economy, Running a Side Business is excellent tool for anybody yearning for a second income. Again, NOLO series has teamed up with USA Today for another information-filled book for the public. NOLO is a legal companion for more than 35 years, while USA is the nation's largest circulation newspaper.
A drone photography business is a wonderful opportunity for anyone who wants to make good money by combining their love of photography or videography along with their passion for flying. There is a high technical barrier to the business, so it is critical that potential business owners are dedicated to achieving a high degree of technical fluency. A drone photography business usually requires a lot of traveling to clients, so you will need to be comfortable with possible overnight travel.
A real estate appraisal business can be operated from home, on a part-time basis, making for a fun side business idea if you have the credentials to back it up. A perfect option if you want to keep your day job while earning a little extra on the side. You won’t need a college degree to start in on this business idea, but you’ll need bankable appraiser credentials (including relevant training and professional licenses), strong knowledge of the sector, and a growing network of industry players including mortgage brokers, real estate agents, banks, and fellow appraisers that'll want to utilize your services.
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.
Etiquette training gives lessons to people of all ages on the proper way to conduct oneself in a variety of settings, especially in the professional world. Etiquette can cover how to act in both international and domestic settings, from a formal dinner in Japan to a debutante ball in Georgia. As globalization becomes more common, these types of lessons can be invaluable for many companies and professionals. Etiquette trainers may give online lessons or in-person lessons, depending of their budget and location. The instructions may be anything from cell phone etiquette for teenagers to the best way to send a thank you letter after a job interview.
Though certainly not for everyone, recycling the containers from products left strewn around on the ground can become a surprisingly decent side business idea if you put in the time. Attending events like street fairs and outdoor concerts can be a great starting place. Put on a clean shirt, jeans, apply your sunscreen, grab a cheap pick-up tool like this one, sturdy plastic bags, and you can sell them for upwards of $4.00/pound on eBay.
To start an affiliate marketing business you’ll need a strong online presence. The most successful affiliate marketers run blogs, websites or newsletters that enjoy high levels of readership. This passive income technique is based on the idea that the products and services you recommend are strongly targeted and relevant to your audience and don’t feel like outright selling. It’s also essential to always be transparent about your relationship with the affiliate partner to avoid losing your reader’s’ trust.
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.
Like many of these side business ideas, selling sunglasses is a business you can start by hand-making your own product or outsourcing production to a company. You will need to decide on your niche- do you want to sell a certain kind of glasses, a certain brand, or just a style that speaks to you? Once you’ve settled on this, you will need to market hard.
I’m sure you’re familiar with newsletters so I’ll skip the intro and dive right into the juicy stuff. Newsletters are a fantastic vehicle for driving revenue. Every single successful business in 2016 has some type of newsletter. Why? Because they are the only way to build, store and directly reach your audience. Facebook can change its policies, Google’s cost-per-click can go up but if you have someone subscribed to your newsletter you own all of the messaging.
All you have to do is create the product, upload it to your custom website, and let people know you are selling eBooks on your new online store! Marketing your online store and building up a consistent flow of traffic will create buzz as your customers pass the word along about how good your store looks, and how helpful your eBook content is. With a little elbow grease, you’ll increase traffic, downloads, and start making money on the side.
If writing is something you put down as one of your passions, it can definitely work. The first step in this long journey is to discover your niche – a specific theme or topic that most of your content will focus on. The three really broad but most profitable niches are money, relationships, and health and fitness. You can, of course, choose to write about anything that excites you – whether it’s walking as a hobby or upcycling. Just keep in mind that the niche you select needs to be narrow enough to keep your writing efforts focused on building authority and, at the same time, broad enough to capture the interest of a large audience.
It’s no secret I’m not a fan of balance in all areas of your life. This is a perfect example of why. If you’re going to have a side hustle, then by definition, you’re doing it on the side of something else (probably your day job). And if that’s the case, you’re not going to have much time for other things. Take a look at my YouTube video on my daily schedule working full time and blogging to get an idea of how I do both.
Your customers will need a reason to buy your tea, and not your competition’s. You will need an inviting storefront to catch their eye and make them stop and check out what you have to offer. Selz can help you create a unique store design that will stand out from the crowd. Consider offering packages of similar teas, or seasonal options- i.e. the best teas for a cold winter.
When your readers click on a link, they will be directed to the company’s site, and you will earn a commission either from the traffic you direct, or from a purchase they make on the site. Besides links, you can also put visual ads for the company in the sidebar of your page. Your job is just to continue producing original, relevant content, and you will be able to gradually establish a profitable side business.
From crafting to home repair to website design and more, if you've ever wanted to turn your hobby into a business and watch your passion generate cash, Running a Side Business is the book for you. Packed with tips, legal resources, start-up success stories and USA TODAY snapshots and infographics, you'll learn the life cycle of a business and get answers to important questions along the way. Find out how to:
A lot of car owners simply don’t have time to personally care for their vehicles, much less make them sparkle. With simple equipment such as car shampoo, polishing wax, tire black, sponges, a pail and a sturdy hose, you can start earning a decent side income by making cars look fresh in your free time after work and on weekends. Not bad for an easy business idea that'll keep you outdoors and moving your body on the weekends.
Live in a destination where travelers frequently visit? If you love meeting new people from around the world and also love the city you live in, starting your own local tour company is arguably the best business idea that will give you both of those perks. Take a unique spin on your local tour business like Erik from Vantigo. He was starting his VW van tour business in San Francisco as just a side business idea while he was still working a full-time job, and grew it to being a sustainable source of full-time income before quitting—now he's running a multiple van tour company on the back of what originally began as a crazy side business idea.
Stylish new plates and silverware can really elevate a dinner party to the next level, but most people don’t want to spend a fortune on them. You store can carry quality dinner supplies at a great price, and can also include napkins and other decor that fit the theme. Photos and excellent descriptions are vital here. You want to make sure that your items are superb, and that guests compliment the host on their taste. When this happens, you will not only bring your initial customer back to your store, you will acquire more customers in the process.
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.
To market yourself as a consultant, you will, of course, have to be an expert in something. But, as Brett rightly says, “most people starting a business are.” What are you good at? What skills from your career can translate over into a viable consulting business? Think about your previous duties and areas in which you have excelled, and go from there.
Those with a thirst for knowledge and who are passionate about helping others will excel in this profession. Your team’s primary focus will be to get to know these young adults on a personal level, using this knowledge to identify their strengths and weaknesses. Once you’ve tapped into this, you’re equipped to assist them in determining what schools are best for them and how best to proceed from there. Since colleges consistently change their admissions process, you must be committed to keeping up with these changes. A love of traveling is also important, as you’ll want to spend a portion of your time visiting college campuses, building relationships with individuals in the admissions office.
Believe it or not, having expert advice and getting insightful help for navigating Tinder, OK Cupid, and Coffee Meets Bagel is something many people are willing to pay for. Take dating coach, Virginia Roberts of The Heartographer, who charges a whopping $200 an hour for her one-on-one video coaching. If you can put together an enticing profile, select flattering photos, and craft messages like a pro, your friends are probably already asking you for advice. Now it’s time to cash in on your skills.
Software drives businesses today. This is a fact not lost on individuals and companies attempting to earn a profit, make a name for themselves, or simply get things done. As a result, the job outlook for software developers will be much sunnier than prospects for many other occupations—creating massive opportunities for this business idea well into the future. In fact, it won’t take you long to find a good-paying software development project as a side business idea on sites like Upwork, Guru.com, and Freelancer. LinkedIn also recently launched their brand new freelancing platform, ProFinder which has a dedicated section just for hiring talented software developers.
Wow that is really inspirational and a breath of fresh air compaired to the typical drive an uber, di gigs on fiverr advice. This brought some new insight. I’m wondering how you handlle taxation on side husttles. Can you just add that income to your tax declaration in the U.S. or do you need to set up some sort of company to be able to do your invoicing etc… ?
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.
Check out Christy Wright’s Business Boutique Podcast! In each episode you will hear from experts on topics like marketing and social media, plus inspirational stories from women just like you. You’ll also get practical advice and encouragement on how to run a successful side business without getting overwhelmed. Subscribe on iTunes today or listen online at BusinessBoutique.com!
Similarly, if you have a particular financial goal in mind, working a side hustle can help you get there more quickly. Imagine you're aiming to buy a home and need $20,000 for a down payment. If your current salary and expenses only allow for $300 a month in savings, and you manage to earn another $300 a month from a side hustle, you'll reach your goal in half the time.
I also buy and sell moped – little 49 cc Italian and Austrian mopeds made in the mid 1970’s to the 1980’s. These are super cool and command premium prices in cities since they are easy to ride and get 100+ mpgs! I have Craiglist alerts set up in Chicago for mopeds and pounce quickly on the deals. I actually have a storage facility just for my mopeds and still love buying and selling them. These two hobbies of mine are actually great side hustles that I don’t ever imagine stopping.
A life coach is there to speak with clients about any issues the clients have, help clients set motivating goals for themselves, navigate through important personal and professional decisions, and much more. Though most life coaches help coach clients in various aspects in their lives, it is possible to specialize your coaching to an area about which you are really passionate. A few examples of specialized life coaches include health coaches, special needs life coaches, relationship coaches, career coaches, and executive coaches.
#24 – Magoosh – If you are good at GMAT, GRE, TOEFL, SAT, and ACT, and tests, Magoosh is looking to hire online test prep experts to help students prepare for these papers. As a requirement, you must be an experienced BA or BS holder with high scores in GRE, SAT, GMAT. The standard pay for weekdays is $20 an hour and shoots up to $25 an hour over the weekends.