Side business ideas while you are working
Whether you need to earn some extra money to support your family or want to see what it’s like to work for yourself before giving up your full-time job, there are plenty of opportunities to earn an additional income stream.
The sad truth is, that these days, the day job sometimes doesn’t pay enough. Setting a budget and sticking to it (if you haven’t already done this, this list of personal finance apps is a great place to start) can be difficult, especially if your outgoings are much larger than what you have coming in each month. Earning some money on the side is often the only option.
Not sure where to begin? Here are some side business ideas to get you started.
If you have a skill or in-depth knowledge about a certain subject, then why not teach others what you know?
One great side business that you can do from the comfort of your own home is teaching English as a foreign language. There are people all over the world who are willing to pay by the hour for you to help them learn English.
You could even use your skills to create an online course that you could sell to others. Teachable is one of the more well-known websites that enables you to do this.
Get in touch with your creative side
Do you enjoy crafts such as knitting or sewing? Why not turn your hobby into a way to earn some extra cash by selling your creations on websites such as Etsy or Ebay?
Good quality, handmade items can demand a high retail price. Yes, it may take time to make something sellable. But if you enjoy doing it anyway and you can make money out of it, surely it’s win, win?
Start a blog
If you enjoy writing and sharing your experiences with others, a blog is a great way to earn some extra money. Although there are a number of different ways to earn cash through a blog, affiliate marketing (where a retailer pays commission to you for generating traffic or sales to their website) is one of the most common.
Write about what you enjoy or you’ll find that it’s much more difficult to carry on. There are successful bloggers writing about everything from films to cooking.
If you like meeting and talking to different people, commission-only sales could provide you with some extra income on the side. Keep a eye out for roles on online job boards.
In this article, we’ve just covered a few of the many side business possibilities out there. Whether you want to teach others a skill that you’ve mastered or spend your evenings knitting scarves, earning a little extra on the side may not be as difficult as you first thought! And you never know, one day your side business may be so successful that it becomes your full-time job…