Enter: The Side Hustle. I’ve created an entire podcast to talk about the side hustle, featuring interviews with the world’s top entrepreneurs right here on—The Side Hustle Project. Listen to my episode about How to Find a Profitable Business Idea right here…
While licensing requirements for massage therapy can vary from state to state, the National Certification Board for Therapeutic Massage and Bodywork can help any budding masseuse fulfill their local requirements. Massage therapists can either work out of their own home or make house calls with a portable massage table. Median salary: $34,900.
4. Failure: You will fail, a lot. You will fall flat on your face. You will wish you had a steady paycheck. The more you can fail and learn, the faster you will gain experience. Failure doesn’t mean you’re not good enough. It just means you’re learning, which is essential to success. Remember this:
Cigar shops can bring in decent and steady revenue. Better yet the profit margins are good, so you can be very profitable without hitting sky high sales levels. This is a relatively easy business without too many headaches. But choose your location carefully…then roll out your wooden Indian!
If you’re familiar with the ever increasing traffic in EDSA, guess what that means? More and more cars are now deployed not just in manila but in other nearby provinces as well. This is a good opportunity for you to put up a car wash business.
Decide whether to trademark your name. If your name is very original or creative, you also may want to consider registering it as a trademark. This can distinguish your product or service from those of competitors. Trademarking your company name also can protect you from trademark infringement by other companies.
The holidays do bring cheer, but when winter comes, so does the snow. Thick, traffic-hindering piles of it. Snow can be fun for a while but somebody has to get rid of it for our lifestyles to continue onward. Make extra money with this side business idea from home by offering snow and ice removal services.
If you’re good in any musical instruments, why not make business out of it? You can make business while doing the things you love specially with today’s technology! Here’s a list of business you can do as a musician:
In my experience, I have found the best way to get decent sales for a new product on a new Amazon FBA business is to do a short sharp burst and try get as high up as possible on the best-seller rankings.
One of the best ways to keep a grocery budget—and a waistline—in check is to do meal planning. But for some, this kind of planning is a mystery wrapped in an enigma. A meal planner could put together a list of a week’s recipes, along with a grocery list, for a harried but budget-conscious shopper.
If you love baking and are able to keep your hand out of the proverbial cookie jar, making gourmet cookies is a great side hustle with plenty of long-term potential. Start by learning how to execute unique and tasty gourmet cookie recipes, then seal the deal by creating or purchasing professional-looking packaging. Sell your cookies online or to people in your local community.
Do a little competitive analysis (don’t let it lead to competitive paralysis though!) to see what they doing and more importantly not doing? Where are they falling down? What are they doing right? What makes customers go to them over you?
As mentioned earlier, venturing into the food industry is almost always a profitable move. Scores of working professionals today prefer to ‘eat in’ but do not have the time to make and carry home-cooked food to work. This is where you could come in. Since the cooking will probably be cooked in your own kitchen, there is no need to pay for extra space. Thus, the only big investment you’ll need to make at this stage is in a middle-man to deliver these services.
It’s not exactly a way to make consistent great money, but housesitting—exactly what it sounds like—is a fantastically easy business idea that can fund your ability to live in exciting locales around the world (or your city) without paying a dime in rent. Did I mention it’s a way to travel and live rent free? Here’s a list of four great websites from the legendary Nomadic Matt, to start your housesitting side business idea search.
Another key thing to remember about starting an ecommerce site is to choose the right software, and then design the website to look unique to your brand. My company, VenturaWebDesign.com, specializes in building ecommerce stores.
Generally speaking the legal barriers to entry for a grounds maintenance company are very low. You should get a county business license as well as liability insurance. Your liability insurance will run you between $400 and $700 dollars depending on where you live. Some services you may be contemplating offering will come with more stringent requirements. Sprinkler repair or low voltage lighting in many states necessitate a separate licensing procedure as well as testing along with proof of time spent working in the industry. Pest control is highly regulated in most areas as well. However, most landscapers repair irrigation and lighting and spray RoundUp with no problems and it pays very well.
Another good small business that’s always in-demand is bookkeeping. It is one of the profitable businesses which you can start as a part-time while being in your home. If you’re good in organizing financial information, and able to perform general accounting duties, this is perfect for you.
Whether it be for a client or your own project, you can make a serious business developing apps for mobile devices such as android and ios. You can develop games, utility apps, self-help apps, create your own social networking app, and a lot more.
An exclusive distributor, on the other hand, typically has much higher gross profit margins and may sell goods to wholesalers as well as directly to retailers or end industrial users. Sometimes the exclusive distributor imports a foreign product.
Let’s say you can earn around P200 – 300 per container. How much more if you can sell in different places at once? Just hire somebody to sell for you for P100 pesos a day and get the remaining profits. Just learn how to use the power of leveraging.
You can succeed with a specialty food store but it is tricky. You must be ruthless in your research, in both what the market can support, and which competitors currently have overlapping offerings. I would also look at what specialty food stores have succeeded in nearby markets.
There is no formal education required to start your own business. Many successful business owners created their companies when they had little or no formal education. There is still value in formal education and, in addition to business classes, many schools now offer courses on innovation and entrepreneurship.
Candles are used in many different occasions and even in this age of technology, people still use candles for different purposes. With low cost investment you can start your candle making business where you can workout on a part-time to full-time basis.
The majority of us don’t have the luxury of being able to quit our day jobs to pursue starting a business idea today, without having to worry about how we’re going to meet our financial obligations moving forward with no immediate income.
Once you have narrowed down your search to your favourite 3 or 4 factories, ask them to send you out a sample. Some places will send you one for free, others will charge you but then take the cost off any large order you eventually make. A few will ask you to pay full price.
With all my experience in book publishing I am not going to tell you that this is an easy business, especially with the domination of players like Amazon. But if you pick a defensible niche, keep your overhead low, you could develop a decent business.