Briefly, successful niche websites rely on tapping into underserved topics and niches and using various monetization techniques, such as display advertising, sponsored posts, affiliate marketing, selling digital products or even plugging in eCommerce elements to lay a foundation for a passive income strategy. For some inspiration, read the FoodTruckr story (a website for buying and selling food trucks) and how it found its success online purely by chance.
Wedding photographers command premium rates. After all, you are capturing one of a couple's most important life moments, making it a very lucrative side business idea. Many professional wedding photographers charge between $2,500 - $10,000 (or more) to shoot a wedding, so it's realistic that this side business idea could quickly blossom into becoming a full-time endeavor with the right happy clientele base that's willing to refer you to their friends and family. Check out the Complete Wedding Photography Experience over on CreativeLive to get up to speed on everything you need to launch a successful wedding photography business.
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.
Dreaming up, building and marketing an online store can be tough if you’re in a full-time job (be prepared to sacrifice your evenings and weekends). But once launched, an eCommerce store is one of the best ways to make money from the internet. It all begins with finding a profitable product niche. Something as simple as selling durian fruits online can turn out to be a winner, so don’t scrap any of your ideas without further research. Whether you’re making, manufacturing or sourcing your products from a supplier, it’s a good idea to think about private labeling and branding from the start. If you manage to establish a solid online presence and your side project takes off, you’re looking at an opportunity to earn a six-figure amount from running a branded online business.
Many small companies and startups now outsource jobs that aren’t part of their core business (such as HR, admin, and accounting), which makes this skill set a great opportunity for starting a side business idea that engages your number prowess. Because companies always need to track their cash flow, freelance accountants and bookkeepers can really benefit from the increasing demand for part-time help.
If you’re adept at woodworking and have some basic equipment, it’s easy to get into business making deck furniture. It only requires a few items – a saw, a drill, a sander – and some creativity and passion for working with wood. If you have the tools or just want to turn your hobby into a business, this may be a great small business idea for you. In addition to creating new items, you could also focus on repairing existing wooden furniture or woodwork.
You can sell everything that goes along with scrapbooking; including designs for different themes, stickers for added detail, scissors with a range of blade shapes, books to work in, and more. Make sure to clearly label and display pictures of the different supplies that you are selling. For an additional income source, consider offering guides and themed books.
Although it is called Fiverr, you will only be netting just under $4 after Fiverr takes the first 20% and Paypal takes a few more pennies. However, there are many things you may be able to do quickly for $4. A quick design, a quick voice over if you have that deep sexy voice, or creating a quick intro video for a company in a matter of minutes for you techy type may get you some quick and painless cash. Also, if you sell enough, keep a good rating, and Fiverr likes you, there are levels you can advance inside Fiverr for higher cash payouts and more gig offers.
People drawn to this business have a keen aesthetic eye for the details that make a framed item attractive. They also like to interface with the public and encourage their customers’ personal style and expression in how a customer wants something framed. A custom framing shop is all about serving others to help them make their decorative ideas come true.
Home tutoring allows you to offer individualized lessons to students of all ages regarding any special skill sets that you have. A good home tutoring business is flexible because your students will have very different needs: some are struggling with classes in school, some are studying for college entrance exams, and others may be adult learners who need to master certain skills to benefit their employment.
A person has a better opportunity at building a stable career off of affiliate marketing, blogging, and side hustling alone with the goal of becoming a future “side hustle millionaire.” Side hustles online are by far the best form of job security because you’re using your kinetic energy to build yourself up to ultimate wealth and not an unthankful employer.
I already know what you’re thinking when you read that title, ‘Here comes another one of those get rich quick scams. I don’t blame you. Most titles that begin the way tend to lead to some ebook or sales page. But what I’m about to reveal to you is totally legitimate and involves nothing more than speaking your mind. No I haven’t lost mine! Just be patient.
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.
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 remember staying up until 2am to start my blog on a work night (and I am in bed at 9pm normally!). I was so excited, I couldn’t help myself but go all in and start. This is the type of enthusiasm that works really well with starting a side hustle. The more excited, committed, and focused you are, the more likely you’ll be disciplined and therefore, successful.
Counted amongst the most valuable tech giants, Amazon is also a massive global market where virtually anyone can cash in on the rising tide of eCommerce if you have the right business idea. But, like everything else that involves money, you have to do quite a bit of work to earn it. In this case, you need to do tons of research (looking for generic products such as clocks, key chains and mugs to attach your brand to) as well as developing a sensible inside sales strategy that'll help you generate profits from your private label side business idea. For an incredible deep dive on how to launch this kind of business idea, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
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).