Listen to my interview with serial entrepreneur and investor, Michele Romanow about how she built an app that earned $500,000 in 3 months (as a side business idea outside of her day job) and how she eventually sold the company to Groupon. It’s seriously incredible.
Hi Aira. I have tried this 2 x and its nearly impossible to get known and followers – let alone people to participate. Its so hard. I really began because I hoped they would lead to people advertising on my Blogs and earning an income – and overcoming my depression by being busy.
Yes, graphic design is hyper competitive. But everyone wants a little different style. So, if you get a highly appealing design in front of your prospective audience you can be successful. For this business, I would go crazy having a fabulous looking website with a totally “kickass” front page! Then I would use SEO techniques, social media, and every other marketing tool I could think of to drive traffic to it.
People love to be organized but often they never find the time to make it happen. And a lot of people just aren’t very good at it either. You can help people organize their house. And in the process, you can make them feel more organized about their life! What a great service!
If you don’t want to go the Airbnb route, but still have a room or private area to rent, then you can always become a landlord or start your own bread and breakfast. The real money is if you live in tourist areas, but I’ve known plenty who have purchased homes in emerging neighborhoods when purchasing homes were cheap and now making a ton of cash renting out these homes or apartments.
I guess we should start with the one that I am MOST familiar with. I have been making a full-time living blogging for almost 10 years now, and it isn’t a get-rich-quick scheme, but it can definitely make you some money.
A business that’s struggling to define its value proposition, for example, has little concern for refining processes and writing manuals. However, one that’s trying to scale will view those as a priority.
If you’ve developed valuable skill sets or certifications within your industry over the years, consider putting your skills to use in your free time by offering your consulting services to local business owners as a potentially lucrative side business idea. Whether you’re an expert marketer, business strategist, or manufacturing aficionado, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company—if you can craft an effective cold email that convinces them to hire you. Start with this 18-step checklist to becoming a local business consultant as a side business idea, from Karyn Greenstreet. When you’re ready to get serious about becoming a consultant, check out all of my picks for the best online business courses to keep building your skills and learning how to land your first consulting clients. Personally, I think this is one of the best business ideas you can get started with today.
Will it affect my council tax? It may. Businesses are liable for business rates rather than council tax. If you work from home, depending on the level of use, the part of the property used for the business may be liable for business rates while the remainder of the property remains liable to council tax. You can get advice from the Valuation Office Agency.
You could run this as a seasonal camp during the summer. But I find it’s tougher to make lots of money at seasonal businesses, so instead I would first consider offering a creative arts day camp after school or on weekends. I suggest doing surveys to find out what age groups of kids and what specific art activities have the most appeal.
Are you an extrovert that loves meeting new people? Selling insurance products—particularly life insurance—may be a great way to bring in some extra cash and build residual income in your spare time. Selling life insurance on the side could quickly generate a consistent $1,000 – $2,000 per month depending on how much time you invest in this side business idea. To get started you’ll likely want to take an online course to brush up on the subject matter, and then pass a state licensing exam. The biggest challenge you’ll face as a new agent is generating sales beyond just helping out friends and family. From there, it’s all about networking and lead generation to grow this one. Learn more about this side business idea with this getting started in life insurance guide from the team over at NoExam.
Here’s an example of someone who picked the right home business, using the power of online marketing: Operating out of her home, Ming Friedman imports fine linen tablecloths and sells them to party rental firms. Ming doesn’t need a store, a warehouse, factory or marketing organization. She has her products manufactured in China, uses her garage for storage, has a terrific website for marketing and hires FedEx for shipping. Ming operates her business full-time, but this is an example of the kind of business that can be operated either full time or as a moonlight operation.
Do you love sports? Officiating non-professional games held at community parks and college sport fields can be an exciting way to turn your love for outdoor activities into a profitable side business idea you can engage on nights and weekends.
Mild spoiler alert: Viewers of the TV drama Orange Is the New Black might remember that the show’s main character made amends with one of her fellow prison inmates by making her a soothing lotion. Hopefully you won’t find yourself in prison, but if you find yourself wanting to start a home-based business, consider hand-making soaps and lotions yourself.
Twice I have heard Jim Koch, founder of Sam Adams beer, talk about how he started his business. I find this to be a tough business. First you need a brew master with deep expertise. Then you have to get your beer taste to be very distinctive and very pleasing. You need consistent quality. You need to stand out versus the many other small brewers, build a clientele, and arrange for transportation. Nonetheless the market is huge and because of the success of micro-breweries, established beer distributors are increasingly willing to take on smaller labels.
Many direct sales companies offer a FREE starter kit if you meet certain milestones during your first 30 – 60 days. In fact, Angie Nelson has a great list of companies that have an earn your kit option. Need even more ideas? Here are some internet businesses in the fashion industry that allow you to set up shop for FREE!
Bridal consulting/wedding planning seems like a lot of fun to get into, but it is also a lot of work, stressful at times and competitive. Nonetheless an established bridal consultant can earn very good money.
A personal concierge handles everything from managing schedules to running errands like taking clients to the airport or their dog to the vet. In a nutshell, it’s being someone’s personal assistant. But, depending on the market, it can make you some serious bank.
Getting started in the sport fishing charter business may not be as expensive and difficult as you think. Unless you are going into particularly rough waters you don’t need to start with a large cabin boat. Furthermore, you can finance much of your purchase. And if your fishing skills are a little weak, hire a boat hand with some strong local fishing knowledge. In the right location, you can charge some serious money in this business.
This is a good solid service business. But it is competitive, you need to have fully qualified service providers, and you need to look into licensing. No matter how good a service you run, when you deal with the elderly especially there is always legal risk. You can mitigate the risk by incorporating, by getting insurance and by being sure your staff follows accepted medical protocols.
This is a good solid business. Everyone needs their house inspected before they buy it. Network with real estate agents. Become known for being a meticulous home inspector. Leave you clients with a thorough, detailed report.
One of my friend’s mothers offered art lessons in her home after school. She had a steady clientele and they made some really cool art! You may already have an art specialty that you want to teach to others. Or you may find that you are better off learning the basics of a new art skill and teaching that, or offering a survey course covering a number of art skills—most of the market will likely be beginners anyway.
You can make good money at this business but you need great locations that provide enough volume to make it worthwhile to service provide a decent return on your investment. I have even seen some entrepreneurs try selling snacks at companies without any machine at all…totally on the honor system. Still another variant you could do is provide coffee, soft drinks or basic snack food for a company location and try to get the company to pick up the cost as a benefit for its employees.
One-on-one sports coaching is the obvious play here. But you could set up sports clinics or sports camps. You could build up a business based on your expertise in a particular sport or you could offer more general fitness training for athletes of many sports. Often sports coaches get started with a part time job coaching a school sports team, which then leads to private coaching work.
Yes, you can compete with the Starbucks and Dunkin Donuts of the world! However, these chains have raised the bar, so your coffee or tea must be not just good, but awesome! Your ambiance better be good too. Your location needs to be good as well. Plus, you need to be distinctive. One way to stand out is to compliment your world class beverages with some fabulous foods. So yes, you can compete, but you’ve gotta be firing on all cylinders in this competitive space!
Your county or city will require a business license. The form takes minutes to fill out. Use your EIN instead of your Social Security number to identify your business (for privacy reasons if nothing else).
Obviously some of these small business ideas have more earning potential than others, but what they all share in common are relatively low barriers to entry and the flexibility to work at them for a limited amount of time per week. I also tried to focus on side business ideas that have some sort of online component to them, since that’s what I love most.
I am 3 years away from full retirement but would love to do it earlier and get out of the rat race and learn new skills. I have plent of office experience and working wiith numbers and pc’s. Can anyone give me an estimate of the cost of the online schools for certificates in medical billing? I looked at some of your links to the schools and I know I can ask them for info, but woud like to get an idea of the cost before I have someone contacting me without knowing first if I can afford to pursue this. I am very interested and thank you for wanting to help others.
There could be some investment necessary in equipment, and the biggest challenge might be getting your hands on the antiques you plan to refurbish. (Hint: Get to know some auctioneers.) Once you’ve turned a few pieces around, take some high-quality photographs for promotional purposes and go from there.
Maybe it is just me, but I feel like I have had way too many experiences with mechanics not be truthful with me that I would gladly pay more and give all my business to an honest one. If you know your way around a car and have a few tools, this could be a great business idea for you.
You can sell whatever you want on eBay and make profit. You need to find the right niche, build yourself reputation, and learn the system, but generally speaking if you buy in bulks, through eBay or through someplace else, and sell every piece of the bulk for a higher price, you will eventually make money. It’s not difficult to make money, the difficulty is to make enough money and sustain a proper cash flow line to be able to buy stock, and make a living at the end of the month.
Do you love the holidays? Are you great at curating gifts? Then consider creating, writing, and publishing holiday gifts guides – this will involve collecting articles, recipes, and features, as well as editing, formatting, and obtaining advertisers to purchase ad space. This post talks more about getting started.
A lot of people make some really neat crafts. But to be able to make money at it, you also need to be able to price your products reasonably—and allow yourself enough money to bring your product to market. That being said, there are more markets than ever for your products! In addition to local retailers and craft fairs, you can sell them online, on your own website, or through third party sites like Etsy or EBay.
Are you a math whiz? Do you speak a second language? Tutoring can be a wonderful home-based business opportunity, especially for those people who have an extensive knowledge of a subject; such as a college student who is majoring in math, a school teacher, or a person who is fluent a foreign language. Companies like VIDKID and Cambly hire native English speakers to teach English to international students.
With the rise of online craft marketplaces like Etsy, people with decent artisanal skills like sewing and woodworking have an always-open market to sell their products as a side business idea. If you’ve always wanted to design and make clothes by hand, then you can start turning those fashion ideas into real, hand-sewn garments and earn a little bit with this side business idea while you sleep and customers from around the world browse your Etsy & Amazon stores.
Photography: generally, everyone I know who has a camera thinks they’re now able to shoot professionally, either with micro stock or wedding. Aside from skill issues, wedding photo requires a lot of gear: 2DSLRs, 3-4 pro grade lenses, lights, and photoshop….and you have to know how to use it all under pressure.
Not everything is just a Google search away. Media organizations hire fact checkers to make sure that items in stories are accurate and that sources quoted really exist. Other organizations need people to find statistics and other data for presentations and reports. There are plenty of opportunities online to get started researching at home. Just be prepared to get into some really esoteric topics that will take you way beyond Wikipedia.