(This is the third part in a 3 part series on side hustling for parents: 1) Why Parents Need a Side Hustle and 2) Finding the Time to Side Hustle)
Now that we have discussed why parents need a side hustle and we discovered parents do have time for a side hustle, let’s talk about some side hustle ideas!
When you are trying to think of something you want to do on the side to earn an income, you want to do something you enjoy. The last thing you want is another job you dislike. Here are five things to consider when deciding on a side hustle:
1) What are You Good at Doing
Mark Cuban says passion comes after you discover what you are really, really good at doing! This makes sense because when you are good at something then you typically enjoy it. That makes you want to become better at it! Then you become passionate about it.
Write down at least 10-20 things you are really good at doing. After you have your list, narrow that list to five. Then ask a friend if they agree.
2) What are Your Interests
What interests you? Is there something you read about all the time that isn’t related to your day job? Are you always reading about finances? Or do you have a unique way that helps you win your fantasy football league every year?
Write down all the things that interest you. After you write those down, then, again, narrow those down to the top five.
Then, as James Altucher, says start having idea sex with them. For example: Maybe you have in the top five you are really good at marketing and love creating football plays/practice outlines. Well do them both…create a web site and market football practices and plays to coaches across the country! Combine what interests you and what you are good at doing…that is the recipe for success.
3) How Long Will it Take You to Make Money
If you are badly in debt, then you want to find something that makes money quick! If you are looking to side hustle because you want more flavor in your life, then try to create a plan to make money within the first three to six months. If it takes longer than that, chances are you will become uninterested.
4) Don’t Put Much Money into Your Side Hustle
Today you can start many businesses for almost nothing. If you think I’m crazy, then read Chris Guillebeau’s book the $100 Start Up.
5) Get Advice
Talk to people who have started side hustles or who are side hustling. Ask them how they got started and how it’s going.
When you ask parents who are side hustling, most of the time they will tell you they love it! It excites them, it gives them extra money, and it is a release. This will also get you excited.
I am going to give you 30 side hustle ideas to get your idea muscle working:
1) Sell items on Amazon (this is what I do and make up to $4k/month)
2) Create a video course using Udemy
3) Write a book
4) Create a blog and market your services
7) Start a neighborhood workout program and charge them $10-$20 week for your programs
9) Personal shopper
10) Give people cooking lessons in your home
11) Clean houses
12) Do oil changes in customer’s driveways
13) Clean out dryer vents ($75/house)
14) Secret shopper
15) Teach at a local school/university
16) Build web sites for business
17) Create/teach local businesses how to utilize You Tube videos
18) Help businesses create internal podcasts
19) Dog walker
20) House sitter
21) Help realtors market their houses
22) Power wash houses
23) Plow drives/cut grass
24) Coach a sport
26) Teach less tech savvy people how to use computers
27) Freelance write
28) If you can design – join 99 Designs or Logo Tournaments and make money designing logos for people
29) Start a gig on Fiverr
30) Style Consultant
I hope this series has helped you learn parents do have time for a side hustle. It’s possible and now it is just up to you!
If you found this helpful, please share!