These days, there are myriad opportunities for making extra money online via apps and through part-time in-person work. But not all side hustles are created equal or will fit your goals appropriately. So before you get started, do some soul-searching. "You need to keep three things in mind: your priorities, strengths and deal breakers," says Julia Pollak, labor economist for online employment marketplace ZipRecruiter.
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. With more and more people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. Not only is the real estate sector regaining its footing, the number of style-conscious customers is also on the rise, creating plenty of room for growth into this business idea.
Perhaps the easiest form of business to delve into and operate is freelancing. Whatever your skill – writing, web design, marketing, tax advisor, or photography – freelancing affords an enormous amount of flexibility and freedom, and can be started with little cost or paperwork. Many freelancers get their start by approaching a former employer or customer who could benefit from their services, then branch out as their body of work and reputation grows.
Try affiliate marketing. This means promoting someone else’s products or services for pay without actually carrying an inventory. There are many ways of incorporating affiliate marketing into your website/blog/page including banner ads (which are generally ineffective, as people tend to avoid these), linked articles (which are quite successful when the article content is thoughtful and doesn’t appear spammy), and product-placement videos (which can be very successful when done by people with charisma or a good sense of humor). You can even become an affiliate marketer without a website. Basic ways of making money through of affiliate marketing include:
This line of work applies to those who are interested in learning new and diverse things online. However, to make money as an internet research assistant, you need to carve out a highly specific niche – one that is willing to pay you to find out information that cannot be easily found by a simple Google search. Notable examples of the kind of services you could offer include things like:
Have you ever looked at sites like Google or Facebook and asked yourself… “How can they make so much money when they aren’t even really selling any products?!” The truth is Google and Facebook are cashing in on their platforms. They’re taking advantage of the millions of people who come to their sites… Then view and click the ads on their pages. Those sites have turned into billion dollar companies by getting paid to send traffic to businesses. That’s why I’m excited to share Traffic Authority with you today. You can drive more traffic, leads and sales for YOUR business by STEALING the same business model as FB and Google (legally and ethically of course) How it works >
Valentine's day. Birthdays. Weddings. The list goes on and on—throughout the course of a year, there are dozens of occasions when people need to order flowers. What's more is that once you're up to speed with this business idea, your costs can stay relatively low if you know where to source your flowers, and typical margins are in the neighborhood of 300% (or more) on cut flowers which makes this a particularly profitable side business idea in the right geographic area. Check out this amazing interview with floral designer, Sara Tedford of Ladybird Poppy to hear about how her floral design company started out as a side business idea of doing weddings and events for her friends and family.
This can include advertising, but many businesses also need help just filling up their social media profiles with relevant (and consistent) content. If you enjoy learning about social media and want to take things a step further and make extra money, social media management is a great option. If you’re good at it, it can also open up a lot of doors for you down the road. This is a great article from Small Biz Trends on How to Start Your Own Social Media Business.
Also, make sure you’re up-to-date on CPR, first aid and other emergency procedures. Then make sure your own kids are OK with sharing their home every day. Once all of that is wrapped up, go to your friends and neighbors, your kids’ teachers, your place of worship and anywhere else busy parents are looking for day-care services, and get your word out.