If you’re particularly adept at a subject and you find teaching to be a rewarding experience, a home tutoring business is a great way to supplement your income without taking up too much time. Tutors often charge between $30 and $40 an hour and with 3 students a day for 5 days a week, you can supplement your gross income in the amount of $450-$600.
Suzanne lives in Texas and has been a full-time freelance writer for 20 years. She’s written for numerous business and financial publications, both online and in traditional print media. She also owns her own small business and has a passion to help others achieve their dreams of financial independence. Her goal is to eventually work from a remote island that is equipped with Wi-Fi.
Incidentally, helping others grow their wealth is also a good way to grow your own financial worth as a side business idea. If you have stock market and finance credentials, then you can earn freelance commissions or consulting fees, advising clients on how to get the best returns for their investments as a lucrative side business idea if you can get results for those clients—otherwise this business idea can be the fast-track to alienating friends and family, so be careful.
If you enjoy graphic design and love creating unique pieces of art, then this side business idea could be perfect for you. You will need to work with a range of color palettes and use different fonts to your advantage. Look into providing your services for weddings, business events, parties, and really anything that needs professional, eye-catching invitations.
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.
The type of business that requires active owner participation at all hours of the day may not be the best if you’re working a full-time job. For example, if you open a service business and customers want to see you during daytime hours, you’ll be limited to only your lunch break. In addition, it’s typically a bad idea to take phone calls during your full-time job or communicate via email. The best type of side business is one where you can dictate your own hours. After all, you don’t want your side business to endanger your full-time job or vice versa.
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If you start babysitting when you’re younger and gain experience, you can charge more. Parents love to be able to go out to dinner and know that they’re leaving their kids with someone trustworthy. Start small by offering to babysit your friends or neighbors’ children and then make sure you advertise your services on Facebook as well. Do a great job, and your business can grow simply by word of mouth.
Martial Arts, huh? I teach too, and have found that when I want to offer a new class I give a free workshop. If you went around to the non-profits, churches and other type of groups and offer a free 1 hour talk on self defense with a question and answer period you’d get your name out there as the go to person to learn self defense. Set up a page on facebook, instagram on tips for self defense and invite people to follow you. 80% good info and 20% Hey hire me to train you. Bet you’d get a large following within 6 months. Let us know how it goes. Good luck