6. Teaching Online Courses
If you’re an expert at something—coding, online marketing or, ahem, starting side businesses without sacrificing your day job—there’s likely an audience of people who want to become experts, too.
Get a quick start by launching on a marketplace like Udemy or Skillshare, where there’s already an existing audience of people interested in consuming educational courses. As you build your reputation, aim for being accepted to teach on higher-exposure education platforms like CreativeLive and MasterClass.
7. Instagram Marketing
Build up a big Instagram following, and you could be approached by major brands, gear companies and other relevant businesses selling products or services related to the type of content you share. (Fashion, fitness and food are big categories in this space.)
With 100,000-plus followers, Brian DiFeo of The Mobile Media Lab says you could earn between $5,000 to $10,000 a month. With hundreds of thousands? You could charge between $500 to $5,000 (or more) per post.
If you can attract a regular audience for your podcast, there’s good money to be made from sponsorship deals. At my own day job, I pay $250 to $500 for 30-second advertisements for my employer on relevant podcasts like “The Tim Ferriss Show,” the No. 1 business podcast right now.
(Want more detail? In this episode of the “Conscious Millionaire,” “Entrepreneur on Fire” host John Lee Dumas offers specific tips on how to make money podcasting, including selling online courses, eBooks and coaching sessions.)
9. Brewing Your Own Beer
Like drinking beer? With patience and a bit of skill, brewing it yourself could result in a product others will pay to drink.
Pick up a starter kit from Mr. Beer ($43), then get creative about how to tweak your flavor combos into something unique. Test the market demand and build a rep within your community for your brew on a budget by setting up shop at a local street fair.
10. Presentation Design Consultant
Yes, even the lowly PowerPoint requires outside consulting every now and then. Plenty of people would happily outsource the visual layout of presentation decks for work meetings, investor pitches and lectures.
11. Tax Prep
It’s not the sort of job that’s covered in glory, but someone’s got to make sure all the numbers all up—so why not you? The Income Tax School provides an array of training programs that’ll certify you in as little as 10 weeks, which makes this a particularly appealing option.
Once tax season rolls around, you could potentially charge $229 per return.
12. Refurbishing Used Electronics
Many people give up on their faulty laptops, mobile phones or cameras without even looking into the cause of their malfunctions. If you have the skills to fix them, consider starting a side hustle refurbishing and reselling other people’s discarded electronics on sites like Glyde or NextWorth.
What’s more, most electronics stores toss out everything from unused printer cartridges to tablets, so if you’ve got the stomach for it, you can make a ton of cash rummaging.
March 23, 2016
March 23, 2016