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Startup Business Ideas In India
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Unique Business Ideas For You To Try This Year (2023)
A side business is something you do outside of your day job to earn extra money. According to Zapier, 40% of Americans have one and another 36% plan to start one in 2022.
Those with hustling spend 13.4 hours each week earning $12,869 a year from their side business. You can use the money you earn to pay off debt, invest, or buy treats for yourself.
Financial gain aside, pursuing an outside business idea gives you the opportunity to build a new skill set. Entrepreneurs also enjoy the satisfaction of starting a business while creating a new career path that provides greater security amid layoffs.
Want to start a side business but not sure what you can do to make money? Here are 22 outside business ideas you can start today.
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Turn your passion for photography into a side business. Advertise your photography services in your area and earn a few hundred dollars per photo session. Alicia Ho of Precious Ones Photography turned her hobby into a gratifying business. “Being able to get the creative juices flowing while creating heirloom pieces of art that will last families a lifetime is such an incredible feeling,” she says. You can follow his example and:
Expand your horizons (and make more money) by selling your photos online. Sites like Stocksy, Shutterstock and Alamypay photographers when their photos are ordered, downloaded or sold. This can be a very profitable business if local people don’t usually pay for photo shoots.
The clothing industry is big business. Global consumers spend $775 billion on fashion each year. You can get some of that cost by using a print-on-order model.
The best part about this side business idea is that you don’t need to invest a lot of money up front. Every time you receive an order through your online store, print-on-demand suppliers print your design and ship it to the customer – no need to keep inventory yourself.
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Selling your skills is a profitable business idea if you have the budget. Most skill-based businesses are free because you don’t need inventory. You can also do free marketing by asking if someone in your network needs help.
Look at your skills and find out if they are in high demand – either as a service or as advice through a consultancy.
Ashley R. Cumming followed this approach when starting her own side business. “I worked full-time as a corporate trainer and also taught Russian at university,” he says. “My background was in English and I had always liked to write, so I slowly started working on projects. Eventually I had enough clients to replace my full time income from 9-5 and teaching. So I quit and started my own freelance writing business.
Do you have incredible organizational skills? Deal with them for money by becoming a virtual assistant. You can manage the administrative side of the business remotely, making it one of the best home business ideas to do on the side of your day job.
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Ariana Rodriguez started her virtual assistant business in April 2021. It took $2,000 to start the side business. This included a website, a business course, and the technology she needed to run a virtual assistant business.
“In April, I started making $700 a month,” Ariana says. “By December, I was making $6,000 a month and working full-time. I was able to hire a subcontractor to make the work more sustainable.
The online language learning market is estimated to be worth $25.73 billion by 2027. If you speak two (or more!) languages, monetize your skills by starting a side business that teaches other people how to do the same.
Create your own website and offer one-on-one virtual classes. Or join an online language learning platform like Skooli, VIPKid or Qkids. Tutors can earn up to $23 an hour teaching English.
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You could also hold group lessons in a free-to-rent space, such as a community centre, many of which aim to make education accessible to local residents.
The Bureau of Labor Statistics reported that nearly 800,000 maids and cleaners worked in the United States in 2020. This is an inexpensive business idea that is easy to implement. A $100 investment in cleaning supplies can be quickly recouped.
Take it from Brian Winch, author of Cleanlots, who started a cleaning business on the side with “little money, skill and education, but a lot of passion, patience and perseverance.
“I offer parking lot trash removal services to real estate management companies. I perform my service on foot using simple hand tools. Almost as easy as going for a walk! We go outside the business premises and sweep the litter into our collection equipment, then empty into bins on site.
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It cost Brian $250 to start the business. Eight weeks later, the side business idea was making more money than his full-time job. It now makes between $650,000 and $700,000 a year.
“I started my business on the side because I wanted the security of my day job income to pay the bills while I gained experience growing my business,” says Brian. “The income I made from my side hustle was invested back into it to grow.”
People spend over $3 billion a year in the event planning industry. From weddings and birthday parties to corporate events, taking on the organizational aspect of organizing an event can earn you extra cash.
Amber Sironen-Massey took this approach when she started her side business, Epic Elopements. A wedding planning company handles everything from legalizing the marriage, organizing vendors and signing contracts.
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“I knew I wasn’t going to be able to make a full income and I needed more money to get the business going, so quitting my day job wasn’t an option,” says Amber. “I also wanted to make sure I was on track with my market audience and building traction before jumping in head first.”
Amber’s event planning business is doing so well that she plans to quit her full-time job in a few months: “By the end of this year, I’ll have tripled our sales from our first year, so our growth rate is strong . I know I can’t continue this type of growth if I’m committed full-time to someone else’s business.
“It’s a little scary, but I’m in demand and I know if I can focus full-time on my business, I’ll grow even more.”
More than 80 million people in the United States own pets. Many of these people also vacation without their pets, which means they need someone to look after them while they’re away.
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Owners often look for a dog walking company or pet board on platforms like Rover. It’s an added bonus if you have a pet-related qualification such as first aid or animal behaviour. But most of all, you need to reassure potential clients that their pet is safe in your care.
If you’re not sure about pets, offer to babysit someone’s home while they’re on vacation. Housekeepers can earn $25-$30 per day, although this increases with overnight stays, house size and location. Combine this with a full-time job that allows you to telecommute to earn extra income with minimal disruption.
A user tester provides feedback on a website, app or product. Companies are looking for user testers to improve software before releasing it to the general public and are compensated for their time.
Tests can last from 10 to 30 minutes, so this is a side business idea that is worth developing if you have free time. One user per day can quickly add up to a few hundred dollars per month.
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Dropshipping is an e-commerce business model with minimal start-up costs. Find products to sell through dropshipping apps like DSersorSpocket. Then create an online store to sell them. Your service provider automatically picks, packs and ships the products to your customer when the order arrives.
Thomas Sleeth, founder of Dropshipping Hustle, “worked full-time for 14 years as a disability support worker before trying dropshipping as a side hustle. I was fascinated by the business model and completely immersed myself in it, spending all my free time and even some of my work time learning everything I could.
It took Thomas five months to start seeing consistent profits through his small business. “But I didn’t leave my full-time job for almost a year,” he says. “At the time I found it extremely stressful to leave a long-term job, but in hindsight I should have left months earlier.
“I was in the dropshipping and e-commerce industry for four years and I was making more than I could if I continued my regular job.”
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If you don’t have a lot of time to invest in a side business, consider renting a space in your home. More than two million people rent vacation rentals through Airbnb
