The problem with traditional conferences is that they can be super expensive to run. You need to rent the venue, buy the catering, pay the speakers, hire event staff – those costs add up fast. What if there was a way to host the conference without all of the unnecessary costs? Well, a few smart people figured out that by running the conference virtually you effectively mitigate all of the expenses allowing you to discount ticket prices while still turning a profit and delivering massive value to your audience!
With nearly 100,000 different custom extensions both free and paid available in Google Chrome's marketplace, there's a huge opportunity for creating a useful extension for people to use while browsing the web as a low effort business idea. One of my favorite Chrome extensions, Yet Another Mail Merge, which enables you to send bulk customized emails from within Gmail, gives you 50 free credits to send emails and gives you the chance to upgrade to a paid account to unlock more sending—a great upsell for the people who are getting value from the extension. Even free Chrome extensions like SVRF Tabs by SVRF, which replaces your new tab with stunning VR and 360º images, have the potential to bring in new users and eventually drive revenue for the startup's core business. Another fun example from a friend of mine, Kathleen Garvin, is Hide images with NOPE, a Chrome extension that hides images on the web pages you're browsing—to help eliminate distractions and keep you from seeing images (like those of certain politicians) that you may want to hide. This side business idea is particularly great because it also allows you to showcase your development skills—which can be put to work as an adjacent side business idea on a freelance basis alongside the Chrome extensions you launch.
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.
Affiliate marketing is the ideal way for any side hustle or to prosper. All they have to do is start a blog or website, preferably a self hosted WordPress blog, and start discussing a niche topic they’re passionate about. One thing I tell people about starting up a business online is a side hustle is that you have to be passionate about what you’re doing and not look at it as a second job. If a person loves doing what they’re doing as a hobby, it’ll transform into a full-time business and not only be more successful than hoped for, but will most likely end up becoming a millionaire and inspiring others to follow their lead. Becoming a millionaire is one thing. Appreciating the process and being thankful for the learning experiences is another.
This blog currently makes over $10,000 per month on advertising and affiliate revenue. If you want to dive deeper here’s more information on how much money you can make blogging. This is money that I have to do nothing to get – readers just reader, they sometimes click, and then sometimes they sign-up or try a service at no cost to them. Here’s a guide I wrote on how to start a blog and make money.
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.
However, it is when I tried to get some hard info out of it that I ran into trouble. For example, the one website that was recommended for doing little IT jobs on the side turned out to be a depressing place where people desperately bid for jobs for extremely little money ("$12 if you configure my email software"). Also, the tax chapter didn't seem to really belong: I had to read it multiple times and still couldn't figure out whether I'd have to pay self- employment tax as a day trader or be subject to schedule C, etc...
A recent Bentley University study found that over 66% of millennials want to start their own businesses. Yet, as of 2013, only 3.6% of businesses in the U.S. were owned by those under the age of 30. Clearly, there’s a large disparity between the number of young people wanting to be their own bosses, and those who are actually managing to pull it off. Many young people are naturally entrepreneurial, but without a steady flow of income it could prove challenging to jump into starting a new venture. There’s where side hustles come in.
Starting a business while keeping your day job can be just the strategy you need to turn your dream into reality. You can propel yourself into the world of Web Development or Web Design easily, for example, with such high demand in the marketplace for both. You can do the work at your own pace with all of these opportunities and build a new career while maintaining your present job.
A test prep business often helps prepare customers for tests such as the SAT, ACT, GRE, MCAT, and LSAT. The business may also help customers prepare for other tests. You may instruct clients by themselves or as part of a group. Your business may be located in a separate office, or you may visit clients; alternately, you may conduct lessons entirely online via services such as Skype.
Companies these days are expanding their office boundaries to incorporate the idea of working from home. These companies offer employees flexible working hours, better pay and freedom from office walls. Even though the internet is flooded with many online jobs, there are some that offer better pay. Here is a list of companies that pay $16 per hour or more to work from home.
It's a frightening statistic that nearly half of U.S. adults don't have the cash on hand to pay for a $400 emergency. That's what the Federal Reserve Board discovered when it surveyed a wide range of working Americans. Furthermore, according to a Pew study, more than 50% of households say they don't have enough savings on hand to cover a full month of expenses. And that's just playing with fire.
An Amazon drop shipping business is essentially a middleman between customers who want to purchase products and businesses that sell them. A drop shipper will receive orders from customers, purchase those products from a separate retailer, and then ship those products directly to customers. This helps eliminate some of the costs and time associated with traditional distribution channels.
Valentine's day. Birthdays. Weddings. The list goes on and on—throughout the course of a year, there are dozens of occasions when people need to order flowers. What's more is that once you're up to speed with this business idea, your costs can stay relatively low if you know where to source your flowers, and typical margins are in the neighborhood of 300% (or more) on cut flowers which makes this a particularly profitable side business idea in the right geographic area. Check out this amazing interview with floral designer, Sara Tedford of Ladybird Poppy to hear about how her floral design company started out as a side business idea of doing weddings and events for her friends and family.
The remote workforce is increasing, and if it’s something you’re interested in, you have more than enough options for whatever suits you and your career path. These are just the top-paying remote jobs — Check out job search sites to find the remote job that works for you. After all, who wouldn’t want to be more productive and cost effective, less stressed, and more engaged overall? The average American will spend one-third of their lives at work. It’s time to make your job work for you!
Let’s say that your friend has a product. They want to sell a million units on their website but there’s one little problem…They have ZERO idea how to market online. Being the digital marketing guru that you are, you offer to help drive traffic to your friend’s product on the condition that he pays you 2% of each sale that you influence. That is affiliate marketing.
As for other tips, all I can say is “a penny saved is a penny earned”. If you are running out of ideas to make money, start saving. Some quick “low hanging fruit” tips to save some quick cash include – switch to MetroPCS or Boost for cellphone (I only pay $20/month), switch auto insurance to Insurance Panda ($25/month), and start using GasBuddy (saves me like $100/month at least. I drive a lot).