Looking for a side-hustle as a part-time business? Perhaps to boost your retirement income?
Not everyone wants to create information products, build email lists or act as an affiliate. All three of those things can be extremely lucrative, and I'm doing two of them: building an email list and acting as an affiliate.
I DID create my own information product as one of my first online ventures and it was extremely hard work, cost me a lot of time, money and stress – and never even recovered the cost of the coaching program that was supposed to help me on the way.
If none of those 3 appeal, here are some other directions, and I’ve compiled this list of proven side hustles that all have the potential to earn $5,000 per month, or more.
There might just be a million-dollar idea in here for you. Or if you do enjoy creating information products, most of these would make an awesome how-to course, book or information product, too.
1: Niche E-commerce Store – Sell unique niche products that appeal to a specific audience. Imagine walking through a big store that sells everything – what’s the one product section that really catches your attention? Maybe it’s funny t-shirts, colorful socks, fishing lures or natural beauty products. Now imagine creating a niche store that sells just that single line of products.
2: Virtual Interior Design – Use 3D design software to create virtual models of rooms, and work with clients to create custom designs for their spaces. You could literally work with anyone in the world from the comfort of your own home.
3: Online Course Creation Partnerships – Maybe you don’t want to create your own courses, but what if you teamed up with experts to create courses with them? They bring the topic knowledge, and you use your marketing knowledge to create fortunes for both of you.
4: Subscription Box Business – Curate and send out monthly boxes of unique and interesting products related to a specific theme to earn a steady income from subscribers. For example, dog treats, cat toys, chocolates, craft kits, baby stuff, specialty foods, wines, beers… the list is endless.
5: Online coaching or consulting in person – Provide personalized coaching or consulting services in your specific area of expertise, such as the business or profession in which you were successful before retiring, life, marketing, health or personal development. Use an online platform such as Skype or Zoom to conduct your coaching sessions.
6: Virtual event planning – Plan and manage events for clients, such as webinars, virtual conferences, and online workshops. The key here is choosing good software that does the heavy lifting for you and then targeting businesses that simply don’t want the bother of organizing these events themselves. You might even create all of their marketing materials for them, too, so they can focus on other things while you handle every detail of their event.
7: Customized meal plans – Offer customized meal plans based on individual dietary requirements, preferences, and health goals. Use software to enter their needs and restrictions and let it create the meal plans for you.
8: Language tutoring – Provide one-on-one language tutoring services to students around the world. For example, you might teach English as a second language. Or you can act as a go-between, putting language tutors together with students.
9: Listening – People need someone to really listen to them and they will pay good money for this. You could start a listening service that pairs listeners with people who need to be heard.
10: Photography – Selling original and AI generated photographs to businesses and individuals for use in marketing materials, websites, and other media.
11: AI Art – Even if you’re not an artist, you can use AI to create art. Sell the prints online and even license them to others for their own use or to resell.
12: Online language translation -You can offer professional translation services for businesses and individuals, and even start a service that pairs translators with clients. Or you might create a service that connects language learners with native speakers for conversation practice.
13: Start a blog – This can be an enjoyable way to start an online business, maybe blogging about a favorite hobby, or a holiday. It takes time and patience to be a successful blogger, but if you follow a proven training course you'll have a much better chance of success.
Also, the course I recommend (Wealthy Affiliate) includes the expenses that you may not realise you need when you start out, and support from expert bloggers.
Some friends I know have stayed with their membership for 7+ years, so the company must be getting something right!
I wish I'd started out using this system, instead of making so many mistakes when I tried to ‘go it alone'.
14: Bookkeeping – Using software such as Quicken, you can provide bookkeeping and accounting services to small businesses and entrepreneurs. Choose a system with an affiliate program, and you may be able to train your clients to use the software themselves and then earn a monthly income as they continue using it. The loss of THAT client can be replaced by your next one – recommended by earlier clients if you've done a good job.
15: Social media management – Manage social media accounts for businesses and individuals to help build their brand and online presence. Start with just one social media channel and expand from there. Or specialize by focusing on social media management for just one type of business, such as accountants or restaurants.
16: Social media influencer – When you build a large following on social media platforms such as Instagram or YouTube, you can earn significant amounts of money by partnering with brands and promoting their products. Become a master at what goes over well on your social media channel to build your audience quickly.
17: Online tutoring – If you have an in-demand and highly specialized skill, you can tutor professionals in that skill via Skype or Zoom. For example, you might be an expert at getting on TED talks. Many professionals would love to have the exposure and credibility a TED talk would give them, and they will pay you handsomely to learn how to get one.
I recommend a very smart system where I just introduce students, they are trained up by a highly experienced leader, and supported by a whole community of successful students (including myself). All the hard work is done for you – all you have to do is find students.
You can earn commissions on purchases by your students, and any that they subsequently introduce when they have learned the system. The image shown is of a sale I made using this system. >> Click here << to learn more.
19: Sell health and wellness products from an online shop – but without the hassle of hosting your own sites, sourcing products and dispatching them, plus customer service, which is all done for you. But this is different from any similar venture you may have been ‘drawn into' in the past.
- There are no overpriced products to pay leaders' commissions (in fact these products are discounted in comparison to many other companies.
- You don't have to buy products every month – just buy them when you want to.
- There's absolutely no need to try and recruit family and friends, although you can earn a higher income if you do.
- Work when you want to – or be completely passive.
No massive start-up cost. There's a simple membership fee. Your first month costs $49.95 and subsequent monthly fees are just $9.95 a month. (If you pay for the year up front, two months are free.)
>> Click here << to learn about opening your own / buying products at wholesale price.