Business Ideas and Tips 15 Business Ideas You Can Start in 2021 (and Make Money) on the Side of Your Day Job or Full Time.
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1. Start a Blog.
Recent blogging statistics show that tens of thousands of bloggers are creating profitable content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, business, personal finance and more. The best part? It doesn’t cost much to blog. And more people are growing their blogs into six-figure businesses thanks to a combination of email subscribers, affiliate marketing, blog sponsorships, and other revenue streams. Your first step with starting a blog is quickly getting the technical side of things handled, and then both understanding what your audience craves and learning how to attract those readers online.
If you want to speed up the process of launching your blog, I recommend setting up quick, affordable and easy website hosting with a company like Bluehost or one of the other best web hosting plans for bloggers, working through the process of creating a blog business plan and choosing a simple WordPress theme and working on your first post—in order to set the precedent of prioritizing your time on creating content, connecting with (and building) your audience. You’ll also need to employ the right blogging tools to grow your blog along the way.
Then once you’ve been able to build a community around your blog, you’ll want to invest in really understanding your readers—so that you can give them more of what they want.
Using your skills for profit is a common trend with all of the best side business ideas. If you’re an expert at something, there’s likely an audience of people online who would be willing to pay to become an expert in your field—just like you. If you want to take your skills and turn them into an online course that teaches others how to get the same results you’ve achieved in your life, career, or business, start with How to Create an Awesome Online Course on Udemy, where instructor Miguel Hernandez covers how he makes over $90,000/yr teaching online. You’ll learn from more than 8 hours of video instruction.
- Create Awesome Online Courses by Miguel Hernandez on Udemy
Once you’re ready to start teaching your own online course, I recommend using Teachable, the easiest and most affordable platform to use for creating, hosting and selling your online courses. They also have a ton of free educational resources about how to get started with creating an online course when you sign up right here.
3. Amazon or eBay Reselling.
Anyone can sell goods on Amazon or eBay, provided you have products to sell (or buy low, then resell). If you’re the type to hit all the local garage sales each weekend, there are all sorts of valuable things that can be resold online as incredibly lucrative side business ideas. If you want to step your selling game up, check out this detailed story about Amazon and eBay retail arbitrage featuring an interview with several successful drop-shippers who’ve grown this home-based business idea from a side business into a lucrative money-maker.
4. Catering Business.
EatWith is a great way to test the waters as a chef for your side business idea, and if you have enough rave reviews you might be able to turn your knife skills into a full-time endeavour where you’re leveraging your network to book catering events. This side business idea is built heavily upon getting happy referrals, so be sure to over-deliver for your first customers, and ask if they know anyone else who could be in need of your catering services. Plus, if you play your cards right and start to build a social following over time, you could parlay your success as a caterer into starting a food blog that can open up additional revenue streams for your business.
Fiverr is a great place for first-time freelancers who might not have tons of experience and want to build up a portfolio of their work. You’ll be able to complete simple tasks ranging from logo design to creating animations or even drawing a company logo on your forehead. While this side business idea likely won’t be growing into a million dollar startup for you, it can still be a platform for funding one of your next big business ideas.
6. Brew Your Own Beer.
Like drinking beer? Why not try making it yourself as your side business idea? With enough patience and skill, you might end up brewing something that others are willing to pay to drink. Pick up an easy-to-use starter kit from Mr. Beer online, invest the time it’ll take to perfect your craft, make a unique brew and start shopping it around to friends & family to see what they think of this side business idea.
7. Airbnb Host.
Not only is Airbnb a great way to make money by renting out your spare bedroom or living room couch as a legitimate home-based business idea, but you also have the benefit of meeting new people and making new friends if that’s your kind of thing. You can even rent out an entirely new apartment just to manage as an Airbnb side business idea, but don’t make the mistake of thinking this will be a passive source of income-you’re on call whenever you have a guest and you’ll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, you can take this business idea to the next level by offering your guests add-on and personalized experiences for an extra charge. Take Lauren Gheysens’ Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local’s only tour of the city, complete with bespoke 18th-century costumes.
8. Contract Customer Service.
Some firms outsource their customer service operations and many of these companies accept home-based contractors. You can start by signing up on freelancing sites such as Upwork to test the waters with this business idea first. If you’re already a CSR specialist with management skills, then you can form and lead a virtual team online and engage clients as a bona fide customer service company or provide customer service training to such teams as well as individuals.
9. Pet Sitting.
I mean come on, who wouldn’t be interested in business ideas that let you spend time with puppies? Getting paid to take care of a cute pup sounds like a dream. The prevalence of unattended pets is another side effect of busy life, creating job business ideas and opportunities for people with time, patience, and affection to spare. Just check out DogVacay and Rover to see what I mean. Would the payout be worth it if you try? One person in New York earns $3,300 a month just pet-sitting for busy animal lovers as his side business idea.
10. Selling on TeeSpring.
T-shirts can be a viable path toward creating an automated side business idea that makes money for you while you sleep. Even Bloomberg and Forbes feature stories from entrepreneurs who’ve done just that. Bring business ideas like this to life by setting up a simple store on TeeSpring, coming up with a few novel designs, creating some targeted t-shirt mockups and working hard to drive traffic to your store.