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1- Airbnb. If you have extra room in your house, you can earn money renting it out to visitors on Airbnb.com. Pretty cool way to make money and meet interesting people from around the world at the same time.
With a little bit of traction, you could even cover your entire rent or mortgage by hosting guests on Airbnb. Have you tried it?
I had the chance to sit down with Scott and learn how he lives rent free thanks to the site. Meanwhile, Jasper travels the world while renting out his Amsterdam apartment.
2-Alterations. Handy with a sewing machine? I believe the market for clothing alteration is ripe for disruption because of a lack of transparency in pricing. I’ve had some suits altered from a couple different places with dramatically different rates.
Free marketing tip: Post flyers at the gym or other places where people may have lost a lot of weight and need their clothes altered.
3- App Development. The mobile app market is hot, but one developer likened it to the gold rush — where the ones who made the most money were the ones selling the gear and the shovels. Similarly, an app developer gets paid whether or not the app goes on to become a hit.
To learn more about app development and some useful tips and strategies, check out my podcast interview with Alex Genadinik, the creator of the Glowing Start business app series. And to encourage new developers, Apple has their own in-depth tutorial you can access for free.
In another edition of The Side Hustle Show, Benny Hsu shares how he made $30,000 in 30 days on the app store, with no programming experience!
And more recently, uber successful app-preneur Carter Thomas broke down what he’d do if he had to start over.
4-Baking. Do people love your desserts? Maybe you could provide cake, cookies, or cupcakes to some corporate event in town.
Kathryn, my public coaching volunteer, was hustling hard to start a gluten-free bakery in Portland.
5-Being a TaskRabbit. Task Rabbit is an on-demand errand-running service that enlists regular people to help out. You can earn money in your spare time completing real-world tasks on their unique platform.
One user in Atlanta makes a full-time living assembling IKEA furniture!
The platform also allows for virtual work like online research and other tasks that can be done remotely.
6- Blogging. Blogging is difficult to monetize but can be a fun outlet to practice your writing or build an audience around a particular idea.
Click here to learn how Robert Farrington earns $10k per month blogging in his spare time!
Want more? Jon Dykstra is the master of quickly building and monetizing blog sitesfrom zero to six-figures.
There’s also Lindsay and Bjork from PinchofYum.com, on how they built it up to $17k a month part-time, and Pat Flynn on building a 6-figure fitness blog.
7-Bookkeeping / Accounting / Tax Preparation Service. Help other businesses with their accounting and finances. This can be a great option for people with an accounting background from school or from their day job.
8- Brand Ambassadorship. Big brands are always looking for assistance with their on-the-ground marketing efforts, and pay pretty well for the help.
Kenny Azama explained it’s a relatively easy (and fun) way to earn $1000 a month part-time, and could even turn into a full-time gig. When we spoke he was earning $2k a week on a cross-country RV road-trip as a brand ambassador!
9-Building an Authority Website. While niche sites (see below) get a lot of attention, an authority site has a better chance of withstanding the changes in Google’s algorithm and turning into a long-term asset.
Matt Giovanisci shared how he turned his expertise in the pool industry into a profitable, and often passive, authority business.
10- Building Niche Websites. Building niche sites is a popular side hustle because after some initial research and time investment they can be a relatively hands-off income source. I’m not an expert in this field but I’m happy to refer you to two excellent resources, here and here.
Spencer Haws of Niche Pursuits joined me on a podcast episode and shared his exact step-by-step process for creating and ranking a brand-new niche site.
Later, Freddie Mixell explained how he sells off his profitable niche sites to accelerate his earnings and reinvest in his business.
And finally, Kurt Elster told me about several fascinating one-page microsites that earn money with AdSense.
11- Car Flipping. If you’re a savvy negotiator and know your way around cars, you canbuy low and sell high and turn a profit quickly with this side hustle.
12- Car Wash and Detailing. A mobile detailing service would be a super-low cost startup and you could get clients in bunches at office parks, shopping malls, schools, sporting events, and other places where cars like to gather.
13- Caregiving. This business continues to grow as the population ages.
14- Carpet Cleaning. Carpet cleaning would be a relatively simple and low cost business to start. You could get clients on an annual or semi-annual recurring schedule like the dentist.
15- Catering. If you have a passion for cooking, a catering business has a lower barrier to entry and time commitment than say, opening a restaurant.
16- Child Care. Is it just me, or does “babysitting” sound amateur compared to “child care”?
17- Cleaning Service. It may not be glamorous, but it’s something nearly every business spends money on and usually gets done in the after-work hours.
Cassandre Poblah actually earned $1000 a month doing this part time.
18- Computer Repair Service. There are more computers in this country (including tablets and smartphones) than there are people. The repair market is very fragmented which means there is opportunity for solo-operators to break in.
19- Computer Tutoring. Some of the computer skills we take for granted are still lacking for portions of the population. If you can find them and sell them on the necessity of technical skills for their careers, there might be a business opportunity here.
20-Consulting / Coaching. Consulting is an ambiguously broad field, but there are consultants for practically every area of expertise. What are you a relative expert in that others might pay for your advice?
With platforms like Clarity.fm, you can get started very quickly and earn $60/hour and up.
Interested in starting a coaching business? Check out this side hustle interview with life coach Jeremy Blanchard.
In this episode, my friend Kai Davis breaks down his step-by-step methods of building a consulting business in 20-hours. Later, Jonathan Stark shared his framework for getting a new consulting business from zero to $5k a month.
-See more. http://www.sidehustlenation.com/ideas/