The Best Side Hustle Ideas that you can Apply Now

Many people who want to start a side business tend to get stuck on one thing: the idea. Without a good idea jumping out at them, most aspiring entrepreneurs feel like they have a barrier preventing them from beginning to earn on the side.

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The best way to develop a successful business idea we first need to answer these series of questions. Can you solve customer’s problems with your side business? Are you proficient in all the skills needed to create, run, and market your side business? Do you have the time and money to create this side business? Is there a large, accessible, customer base for this business? If you can answer these questions you are far more ahead of the rest.

With that said, here's a list of potential side businesses that you can begin today. They're organized into six types of categories with a number of the best small side business ideas to considering starting with.

1. Online Shop or E-commerce

One of the best side business ideas is to create an online shop and putting various items up for sale. We will explain below the type of online shop to be developed online.

- Arts and Crafts

There are many success stories of entrepreneurs who have turned their arts and crafts hobbies into successful online stores. Some of these shops can even become million-dollar successes after a few years. Many shops started via little sales tests, with the artist sharing their work with friends and family, then getting small orders from them. You can sell almost anything from artwork to accessories to items for the home. You can use online stores like Etsy or Craiglist to market your homemade products.

- Drop-Shipping

Unlike the above example, in drop shipping, you rarely have the product in your hands. You’ll be working with a wholesale supplier. It works like this: you set up an online store, a customer buys from the store, their order is sent to the supplier, and the supplier fulfills the order. What makes drop shipping an attractive idea for a side business is that its low risk. You don’t purchase inventory until someone has made an order. Most of the grunt work, such as the packaging and the shipping, is also done by the supplier, so you don’t need to invest too much time in it. Most online stores for dropshipping involves Shopify, Alibaba, and Amazon.

- Affiliate Marketing

Another way to sell online is through affiliate marketing. In this business model, you’re selling the products of other businesses, promoting them, and earning a commission when you make a sale. Commissions for most products tend to be small, though higher-end products can give higher commissions. To increase your profits, you’ll have to sell higher volumes. Since your success relies on your ability to promote, affiliate marketing is ideal for people who are already very skilled at online marketing.

2. Freelancing

If selling products isn’t your thing, perhaps you can package your skills as freelancing services. As a freelancer, you’ll need to find clients who will pay you for the work you produce. Most freelancing works include writing, designing, photography, bookkeeping, and many others. You can find freelance jobs on popular websites like Upwork, freelancer, Fiverr, Flexjobs, etc.

- Design. This can include designing for graphics, websites, or for print. You can custom design everything and create a professional logo for your clients or landing pages.

- Writing. You can write articles, blog posts, eBooks, and whitepapers. You can also provide the option to ghostwrite for those clients who want to put their knowledge and experiences into words but find it difficult to do so. You can also look into becoming a copywriter, which specializes in writing sales text, such as those found in brochures, ads, or sales letters.

- Photography. If you’re interested in photography, you can opt to be a freelance photographer. Pick a niche to specialize in such as weddings, pets, school functions, commercial and product photography, or portraits. This might have some startup costs included, especially if you don’t have a professional camera yet.

- Bookkeeping. It is for those who have some basic knowledge of accounting. Bookkeeping is a profitable business especially since your main task will involve recording accounting information for clients such as sales reports.

3. Consulting

If you already have some business experience or training, you can offer up your services as a consultant. Your clients will be paying you not just for your advice, but for your direct help in accomplishing a goal.

- Career Consultant

As a career consultant, you’ll be assisting people with job-related issues. This may include finding a job, planning their career path, improving their resume, and helping them negotiate better compensation.

- Business consultant

Unlike career consultants who work with individuals, a business consultant works with organizations. You can specialize in marketing, strategy, IT, leadership, recruitment, or finances.

4. Teaching

Another quick way to earn from your expertise is by directly teaching it to others. As a small side business, teaching can be a bit time-intensive, but it's a great way to capitalize on existing skills without investing too much money. Here are some ways you can teach on the side:

- Online Tutoring

If academics are your thing, becoming an online tutor might be a good fit for you. You can teach students who are struggling in subjects you excel at. Common tutorial subjects are math, physics, chemistry, and languages.

If you’ve excelled in professional tests such as law admission tests, board exams, or medical licensing exams, you can be a test prep tutor for those too. Since you'd be teaching skills that you already have, you can get started right away and focus on looking for students to tutor.

- Online Courses

Rather than doing one-on-one teaching, you can sell courses that serve several people at a time. This is a more scalable approach than one-on-one teaching since you can sell the same materials to a larger number of people. These courses can be live or on-demand. You can provide course materials in a variety of formats, including audio, video, or written modules. You can teach anything, including art, writing, programming, business, and even sports.

Depending on the length of the course, you’d need to invest some initial time producing materials. Additionally, you might need to purchase extra tools such as video and audio hosting, or a course platform for your students to access it. Alternatively, you can use sites like Udemy or Skillshare.

- Life Coaching

If you have some background in psychology or counseling, you might be a good fit for life coaching on the side. As a life coach, you’ll be helping clients work through the challenges they feel in their personal lives.

5. Online Platform

While this isn’t directly a business idea, having a platform of your own such as a blog or a podcast can help you market your products and services by reaching more people. Plus, if you have a large enough audience, you can sell advertising space. Affiliate marketing also works well as an additional revenue stream for a blog or podcast.

Though having a popular platform can give you many opportunities, it takes a lot of hard work to get there. It’s possible that you’ll be spending months blogging or podcasting and not see any income for quite some time. For those who already have considerable marketing experience, building that audience and generating revenue from it will be much easier.

- Blogging

If you’re a good writer, you can consider setting up a blog. You can sell your products and services there. You can also sell ad space in some areas of your blog, such as the sidebar, header, and footer. You can sell the ad space directly by contacting existing businesses or by using a service such as Google AdSense, which automatically partners advertisers with publishers.

- Podcasting

There are considerable startup costs that come with podcasting since you’ll need a good quality microphone and possibly editing or recording software. You’ll also need to learn the basics of editing and recording audio. But if you already have the equipment and have some audio recording experience, you can easily create your own podcast.

6. Offline Services

Most of the small business ideas listed above are applicable both online and offline. Online businesses tend to be convenient for side gigs since you wouldn’t have to spend time or money on travel. Most offline services include Yard or garden work, pet sitting, renting your car, renting your house, and establishing a storage store.

At the end of the day, the best side business idea is the one that would be a great fit for your skills. Not all the above ideas are a good fit for everyone, but all you need is to find one profitable idea that works for you.

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