Did you know you can rent your room or house out at Airbnb? They have been around since 2008 and millions of people have been renting out their rooms or entire homes to travelers from all over the world. If you do this right, you may be able to cover your entire mortgage! If you’re going to be gone for a month or two, you may as well allow your space to make money while you’re gone.
Growing up most people dream of being famous. But truth is, not everyone can sing or act. Fortunately, you can still build a personal brand around yourself based on what you can do. Maybe you have a really cool fashion sense or can bake an awesome cake. On Instagram, anyone can start a side hustle by becoming an influencer. If you don’t like the spotlight, that’s cool. You can build an Instagram following around your dog or your photography. You can monetize your Instagram account in a couple ways: sponsored posts, Instagram takeovers or selling a product on your website.
Don’t freak out about not being able to code just yet – you can build and sell websites on Flippa without any coding experience. Flippa is a marketplace for buying and selling web businesses, apps and domain names. It’s a godsend for savvy entrepreneurs that are always brimming with ideas for new hustles. In essence, this is how it works: you brainstorm a startup idea, secure a catchy domain name, use a WordPress theme to build it out and make it look appealing, and then sell it in an auction on Flippa. Alec Larson has been doing this for some time, and claims to be making $1,000 to $1,500 on Flippa every month. There’s no clever secret behind this – you come up with compelling ideas, flesh them out and sell them to eager entrepreneurs. The essential upfront investment is minimal: starting a website will cost you $2.45 a month, including a free domain name registration, plus your time and effort to put the pieces together. Certainly worth a try.
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.
If you love baking and are able to keep your hand out of the proverbial cookie jar, making gourmet cookies is a great side hustle with plenty of long-term potential. Start by learning how to execute unique and tasty gourmet cookie recipes, then seal the deal by creating or purchasing professional-looking packaging. Sell your cookies online or to people in your local community.
Dropshipping Tip: Want to start your own dropshipping business? Sign up for Oberlo on Shopify. The Oberlo app allows you to choose from millions of products that you can start selling on your store today. Plus, it automates several parts of the business process. You can add products in a simple one click and process orders with the same swift action.
Once you have a regular audience (ideally in the thousands), you'll start to develop a lot of value to potential advertisers. Let's say your podcast frequently talks about life as an outdoor photographer. A natural fit would be to reach out to relevant magazines, gear companies, and camera brands to see if they'd be interested in advertising on your podcast of targeted listeners. The more niche your podcast topic, the better for future sponsorship opportunities.
If you know a thing or two about paid internet marketing and are comfortable with Google, a great way to make some extra income as a side business idea is to sign a freelance contract to manage a company’s Google Ad Campaigns, and gradually start bringing on more clients as your consulting business grows. Just be sure to brush up on all the right business slang and industry jargon that's pervasive in the online marketing world before you launch unprepared into this side business idea.
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.
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.
Great post, MM! Incredibly inspiring, I really only grasped the side hustle concept since starting my blog about 6 months ago, after reading sites like yours. Already, apart from my blog, I’ve put my personal recording studio into use and started a music production side hustle, and a friend and I have launched a boutique logo design start up, called BroGoLogo, as an quality alternative to commodity products/services that you mention in this post.
Health insurance for the self-employed is not cheap. This is especially true for the would-be entrepreneur who has a family to consider. Many people who can’t afford the high cost of insuring themselves keep their day job solely for this purpose. Then, once their business becomes profitable enough to afford insurance, they leave their job and become a full-time business owner.
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.
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...
32 Personal organiser/assistant If you are good at filing and managing tasks, and know someone who isn't, why not offer to share your expertise with them for a small consideration? Being organised is a valuable skill, and whether it's for a small company or a friend there may be more of a market for this than meets the eye. Ask around friends or look on listings websites including gumtree.com.
If you love to create art of any kind, you could be making a little side-income with your talent. Custom, one-of-a-kind paintings are popular decorations, and many people are willing to pay for unique works. This side business idea is great, because it takes something you love (and would probably be doing anyway) and turns it into a source of income.
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.
Car flipping can be a fun way to turn your love for cars into a quick side business idea if you have the capital and a stomach for the inherent risk. Buying and selling cars is similar to other “buy low, sell high” business models, but the profit potential per hour invested can be very high. According to Jeremy Fisher at 3HourFlip.com, the trick is to learn how to make car deals come to you, so you can minimize your time invested and maximize your profit on each flip with this side business idea.
Pet photography, like many other types of photography, can be done on one’s own schedule. You will have to be flexible in order to work with clients and find times that work for both parties, but you can pretty much set your own availability in a pet photography business. Best of all, there aren’t many ongoing expenses, so you could run a pet photography business from your home without very much upfront investment.
Starting a new business online requires much less risk than investing your dollars into a brick-and-mortar storefront or downtown office. Because your business is based online, you can reach more potential customers, work from virtually anywhere and make money online without large overheads. When I start to blogging, I have some problem with writing texts. And guys from essayforme.org helped me and I was happy. Even if you have a regular nine-to-five job, a side business or a part-time gig means you’ll have extra money for traveling, shopping, or saving an emergency fund.
Employed techies planning to earn some extra side income can leverage their software and hardware skills by offering home-based computer repair services as a business idea that engages their passion. If this rings a bell, you can start with a modest one-man tech team before envisioning a scaled-up operation as massive as Geek Squad. Remember, you can provide home service locally as a starting point to this business idea, as well as offer remote support through online messaging and video calling services before making your way into a retail setting.
Everyone (even kids and retirees) need to have some level of technical know-how to stay competitive and appreciate the marvels of the digital age. Just observe how learning sites like Codecademy, Treehouse, and Udacity continue to grow and you’ll understand the urgency of getting computer training for our generation (thus making it a great business idea to train others if you already have the skills). If you’re a techie, you can cash in on this need by offering lessons and tutorials within your neighborhood or across cyberspace through portals like YouTube or Udemy as a side business idea. You can even set up your own tutorial site with an interface for online payments.
Whether in the classroom, at the grocery store, or on a job site, there’s always the potential that someone could need immediate, life saving medical assistance. Many SCA victims require defibrillation within 4 minutes of an attack, yet it takes emergency medical personnel 8-12 minutes to arrive after an emergency call is placed. Your assistance in training individuals and workplace teams will, undoubtedly, save someone’s life.
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.
15 Become a DJ It goes without saying that you need a deep love of music and an extensive collection of tunes before you can even consider DJing, but as much of the work is at evenings and weekends, it could make a perfect side business. Be ready to cater for a range of crowds and musical preferences, not just your passion. Learn the ropes by concentrating first on weddings and birthday parties or by doing roadie work for an established DJ, which will gain you useful contacts.
Business owners’ calendars need to be able to accommodate meetings with clients, but these meetings can be scheduled during business hours, evenings or weekends. Many life coaches have started their businesses by working as a coach part-time during non-business hours while remaining employed part- or full-time, and then transitioned to coaching more as their business grew.
Obviously, this business is good for those who are great at taking tests and have already taken many standardized tests. It is a great business for a current or former educator, as this helps you in teaching fundamentals of test-taking to customers. Above all, it is great for those who want to improve their local community by helping people get into the universities and programs of their dreams and better themselves.
Free work from home jobs are becoming more and more plentiful now a days. Around 40 million people are working at home in one way or another. Most of the free work at home jobs are based on using a computer. This is a result of the Internet being such an vital part of our lives. You may want to consider starting a home business because it can help you enter in the expanding market of e-commerce. Free Work At Home Jobs continued...
The antique market is not as lively as it used to be. But there’s still money to be had from the industry if you love rare old stuff and possess the skill of restoring them to their former glory. To start an antique refurbishing business at home, you’ll likely need a few thousand dollars to build out a basic workshop and stock it with all of the right treatments and materials in order to truly excel with this side business idea. Start small by borrowing around what you can, and learning the basics of the trade as a side hustle before investing in a ton of equipment.
Hello and thank you for the great article. I have been reading where you can use side hustles to contribute to self-managed retirement plans (aka Self 401k). Many of these gigs seem cash based – anyone out there contributing to their own Self 401k/Sep/Easy accounts? If so, what documentation is required to support the connections between the side hustle and the contributions to the self managed retirement plan?
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.
If you speak like James Earl Jones or Scarlett Johansson, quite a number of digital publishers (including game developers, animated film-makers, and training video producers) pay good money for voice talent and the time investment isn't too intensive—making this a great side business idea. You can find these publishers looking for voice-over artists on sites like PeoplePerHour, Freelancer and Upwork, as well as their calls for talent directly on their websites or through voiceover agents. If you do pursue this as a side business idea, be prepared to invest for the long-haul as it can be a very competitive industry.
If you’re looking for side jobs to make money, why not trying selling information products? This side hustle requires some research, invested time and marketing skills for you to flourish. Are there topics that are really popular right now that you know a lot about? Did you find a popular topic that there isn’t enough information about? Monetize these opportunities by creating content around it. You can publish books on Amazon or sell courses on Udemy.
Cycling is a popular sport in the United States, with people regularly using bikes for fun, exercise, and transportation. In 2015 alone, 17.4 million bikes were sold in the country. As bikes are used, they occasionally break down -- and most people aren’t well-versed in repairing bicycles. A bike repair business fixes and refurbishes bikes for customers when their rides break down.
I love creating new business forms and have recently been thinking about putting my forms out on the internet for some passive income. I was thinking free “as is”, $5 to have company information added in a header, and more dollars for a custom made form. I’m looking to learn the best way to get it out there. I just found your blogs this evening and look forward to reading many of them. Thank you in advance for all the excellent information that I will be using.