Self-publishing is thriving, eBooks and online guides are slowly but steadily making a lot of online authors richer every day and, to the surprise of a number of cynics, people are still reading! So here’s another golden nugget for you – write a book or a long-form guide and sell it online. Whether you have a great personal story to tell, a valuable, educational piece cooking up in your head or have accumulated a wealth of resources or knowledge on a particular topic that could prove invaluable to others, you can start making money off it as soon as it gets online. If you publish your eBook through Amazon Kindle Publishing and continuously promote it on your blog or website, the sales will keep on trickling in.
It’s not the sort of side business idea that’s covered in glory, but someone needs to make sure all the numbers add up at the end of the year. Every business and most individuals need someone with the domain expertise to help prepare tax returns, especially time or resource-strapped small business owners. Majo Jacinto in his Udemy course provides an in-depth foundational understanding of how to prepare tax returns (and stay current with ever-changing laws) that'll certify you with tax prep skills in as little as a few hours of training and practice. Then once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, according to CNBC.
Do you live in a well-traveled area, preferably with room to spare? Consider offering up your accommodations through Airbnb, the web and app based service that connects travelers with hosts, who then open their house as an impromptu hotel. Airbnb makes a great side business for the social butterfly who enjoys making connections and meeting new people.
Sometimes it seems like there’s an app for everything. Yet somehow, new ones keep popping up and selling for lots of money, all the time. If you spot a niche that hasn’t been filled to its potential just yet, and you can learn the coding skills (or know someone who already has them), you could be on to something with this side business idea. Today, it's even possible to build an app without any coding skills whatsoever. Just make sure you validate your app idea before jumping too far in. Even if your app business idea doesn't pan out to be a best-seller, you'll still pick up valuable skills.
One thing I tell people about the online side hustle is that it’s going to take a good while until they start seeing good money by working from home or anywhere on their laptop with their side hustle business. This is why a bridge job is good for some people to have while they’re working on side hustle entrepreneurship. I’m so happy to hear that some side hustlers that started out with next to nothing online with very little to their life savings ended up becoming Internet millionaires. Some Internet millionaires world on food stamps, unemployment, living at home with their parents, unemployable, and the list goes on.
If you’re offering a service, do you need to be licensed and registered for it? Research the product or service you’re going to offer to determine exactly what you’ll need to do according to state law. If you’re going to help people with their taxes, for example, you’ll not only need to be licensed, registered, and bonded in some states, but you’ll also need to carry errors and omissions insurance.
What are your skills, what is your knowledge base, and how can you channel your areas of expertise into revenue-generating side businesses? A great side business is one that allows you enough flexibility to pursue your dream startup, while still bringing in a sufficient revenue stream. Maybe, like Lori Cheek, you can sell unwanted items on eBay while also renting out a room via Airbnb, or follow Joseph Howard’s example and keep your corporate job while offering freelance services.
This business is right for an individual who has an affinity for the written word and language in general. If you are a voracious reader, enjoy expressing yourself, and have a way with words, you should give consideration to working as a freelance writer. This line of work is also ideal for those who enjoy autonomy. The typical freelance writer does not have to deal with an overbearing boss. However, freelance writers must meet tight deadlines, satisfy clients' nuanced demands, and create captivating content.
This is a wonderful business for gardeners, tree aficionados, stay-at-home workers, and lovers of miniature objects. Business owners can start off selling starter plants to earn a living while they grow two to five-year-old trained bonsai trees for a larger income. It's a great opportunity for someone who doesn't have a lot of space to work with. This is also a great opportunity for someone to combine their growing skills with their Internet sales skills.
I’ve had other acquaintances buy the rights to unpopular songs or jingles and collect on royalties, others who buy Youtube channels or Instagram accounts, and still others who buy Amazon businesses. The list of existing assets you can buy are practically endless, and if you have one or two ideas for improving an asset, you could have a winner on your hands.
I started this blog in February of ’08 simply as a hobby, and two years later it became my full-time “job.” when I realized there was money to be made (a total fluke that I jumped all over!) Now, 4 years after that, here we still are and having the time of my life. So you really never know what opportunities are around the corner when you start hustling. But you do need to grab them when they cross your path.
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!
It’s funny that you put baking of all things on this list. I’d often considered the idea of baking cookies and things and selling them on Facebook garage sale sites and things like that – until I made Christmas cookies last week and found out how difficult it is. Let’s just say it gave me a healthy appreciate for the people who make all the tasty desserts I regularly enjoy!
I surprisingly get a lot of people asking to detail their car. I never intend to make a business of it, but I love doing it to my cars and people ask me to do it to theirs. All it takes is a cheap orbital buffer (mines a used craftsman) and a shop vac. I normally get easily $100 for a basic wash/wax/vac, or $200 to remove scratches and polish then wax the car.