If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and fund this side business idea. My podcast, The Side Hustle Project is actually my current side business idea, and because I had an existing audience here on my blog at the time I launched the show, I was able to broker a $5,000 sponsorship from Freshbooks to place ads on the first ten episodes before I even got started.
No matter what method you choose to make money online, understand that you might be able to make some money fast, but for the sizable returns, you'll need significant sweat equity. However, a year from now, you'll be happy you started today. Remember, time is far more valuable than money. Focus on creating passive income streams that will free up your time so that you can quit the rat race and focus on the things that matter.
If you had a knack for standardized tests and had no trouble acing the SAT, ACT or other college exams, why not start tutoring high schoolers as a side business idea? Parents of all economic backgrounds are more than willing to shell out upwards of $100/hr to the right tutor, if it means their son or daughter will get admitted to the college or university of their choice. See this quick checklist for starting an SAT tutoring business from the Work At Home Mom. Whitney over at Rookiemoms also has a cool story to share about a stay-at-home mom making $40/hr helping kids out with homework and turning it into a profitable side business idea.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
If you are a budding photographer and would like to be paid for your craft then you should consider setting up your own photography website. This is a great way to not only promote your services as a photographer but also to sell your images. You can charge visitors a fee to download your images. Or, if you’d rather, turn your site into a paid membership site, with free downloads of all images for paying subscribers.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
Infographics are like diagrams with text and images to tell some type of story/give advice/explanation. You can find many examples on visual.ly. They are becoming more and more popular especially as Pinterest grows as an excellent source of internet traffic. It is possible to make good money designing infographics. You can advertise your services and find work on freelancing sites.
Yes, companies will pay you to install apps (or place ads) on your cell phone and leave them there. These apps often run in the background and track your spending/purchasing habits but if you’re not one to really care who knows what groceries you’re buying that week then this is seriously the easiest way to make upwards of $300 per year for no reason.
If you don’t mind parading yourself around in public places as a side business idea, and enjoy a little attention, then working as a human billboard can pay a surprising amount of dividends. Renting out your beard, for example can earn you as much as $5 a day while having a brand logo tattooed on your shaven head for five years could pay as much as $7,000—though this type of earning opportunity is admittedly rare. This business idea is definitely not for the faint of heart, and is a little extreme for me, but nonetheless it's been done as a side hustle for many people. You can start by holding a placard or wearing a sandwich board. If you think this is a good side business idea, you can go all the way and turn it into a full on small business idea with enough hard work—plus you won't have to deal with all the issues other more complex businesses have to constantly think about (like reducing churn).
While you may be protected in Australia, there is always the potential that you may still be sued in another country. You can and should include a clause in your Terms & Conditions to say that such cases should be heard in Australia – though this clause won’t always be valid for every country. You may still be required to defend a claim in another country depending on what was sold and where. Unfortunately the risk of having to defend yourself in another country’s court is an unavoidable part of doing business online with people from other countries.
Maybe you're not very good with computers, or don't want to sit behind a desk? Well, here's a side business idea that has more of a physical component to it. If you also like working with others, then becoming an on-call mover will likely fit the bill. When someone's moving, they always need a helping hand (or three). You can provide that service and make some cash with this side business idea. Whether it's helping someone who's moving apartments or linking up with a local mover who needs an extra set of hands, working as a mover can be a pretty good gig.
Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
One of the best places to sell unwanted personal possessions is Decluttr, a website that buys used items directly from consumers. Unlike trade-in marketplaces such as Gazelle and auction websites such as eBay, Decluttr doesn’t act as a middleman between buyers and sellers. Rather, it’s best understood as a bulk buyer: an enterprise with deep pockets and an unsatiable appetite for used consumer products.
These websites will usually cover a sub-section of a niche. For example, a niche website might cover information about rowing machines including reviews, buying guides and user information. People visit the website looking for this information and then the niche website owner makes income through placing blocks of advertising on the website pages or through commissions by referring visitors to the website to other websites that sell the products being covered.
Yes, even the PowerPoint presentation requires outside consulting every now and then—especially if it's not your forte. I know I would happily outsource the visual layout of my presentation decks for work meetings, investor pitches and lectures. Tobias Schelle of 24Slides is living proof that you can turn your skills at slideshow presentation design into a legit side business idea—and potentially earn up to $20 a slide for your time and talents.
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.
At its core, dropshipping involves becoming a distributor of a third party's products, taking on the costs of marketing (time and money) to be rewarded with the margins when you make a sale. This can make your products a commodity in many cases with limited opportunities to brand your customer experience. Luckily, there are a few different ways you can still compete even when there’s no shortage of your products in the market you’re selling in:
Simply put, you should have a Website Disclaimer as soon as you launch your website. The very nature of the Internet means that you never know who’s going to visit your site, or whether they’ll try to come up with a reason to sue you. You are exposed to litigation from the moment you start your online business – so put a stop to it with a strong Website Disclaimer.
Some firms outsource their customer service operations and many of these companies accept home-based contractors. You can start by signing up on freelancing sites such as Upwork to test the waters with this business idea first. If you’re already a CSR specialist with management skills, then you can form and lead a virtual team online and engage clients as a bona fide customer service company or, provide customer service training to such teams as well as individuals.
If you want to find a profitable online course idea in the next 3 days, join my free online course Find a Profitable Business Idea today. It'll walk you step-by-step through the process I've used to generate more than $15,000 in online course sales in a single week. Then once you're ready to start teaching your own online course, I recommend using Teachable, the easiest and most affordable platform to use for creating, hosting and selling your online courses. They also have a ton of free educational resources about how to get started with creating an online course (yes, even as a side business idea) when you sign up right here.
Ghostwriting pays pretty well, and if you're talented at researching and creating great content within a certain subject domain, you can quickly build a roster of high-paying clientele with this business idea. Ghostwriters like Jeff Haden have created very lucrative careers for themselves by writing for business executives and CEO's—and Jeff also started his ghostwriting career as a side business idea outside of his full-time job as a factory manager. Listen to his interview with me on The Side Hustle Project (podcast) right here. It's a grind getting to a place where you can earn a full-time living from ghostwriting, but if you stick with it and bounce back from your defeats, you'll make it.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can't recommend it enough.
Have a talent for crafting or creating other handmade goods? From bracelets to phone cases, rings, furniture, and more, Etsy is one of the world's largest independent marketplaces that’s perfect for anyone who is creative and willing to sell their handmade creations. As long as you have the space, this can make for one of the best home business ideas that can be started as a side hustle with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology. Then, after you're able to build your brand and grow your own audience, you can start an eCommerce site of your own and retain a larger portion of the revenue from your product sales—making this a very lucrative potential business idea if you're able to find an audience that loves your products.
If you’re able to import interesting and saleable products from overseas, source them locally or make them yourself, you might want to consider starting your own online shop. This is like a website, but with a storefront where people can buy goods from you that you will ship to them all over the world. It can be a big job to have an online store, often requiring the same effort or more as having a bricks-and-mortar establishment, but many find that it’s worth it.
This is a term often used in internet marketing circles to define a large website within a certain niche. Using the niche website example above where a website on rowing machines would be deemed as a niche website, an authority site would be a broader fitness website, perhaps one that provides information above various types of exercise equipment, not just rowing machines.