If you’re like most Americans you were probably watching the Super Bowl last Sunday. If you weren’t watching for the game you may have been watching for commercials. One commercial that struck me was a commercial by E-trade. While it was entertaining it was also a bit alarming. Towards the end of the commercial they flash a statistic that states 1/3 of Americans aren’t saving for retirement.
The truth is, it’s becoming harder to put money away every month. If you want to truly build wealth you need to earn an income outside of your standard salary. Luckily for you, there are plenty of opportunities out there where you can earn some extra money on the side. If you’re looking to earn some extra cash but don’t want to leave the comfort of your home, then you’ve come to the right place.
Here are five online business ideas you can launch as a side hustle:
Website Builder
It’s no secret that we live in a digital world. This makes it extremely important for a business to have a website so they can drive more online sales. Regardless if you have technical experience, this can be an industry you can enter that will likely never die.
Website builders like WordPress, Squarespace, and Wix give you tons of tools to create beautiful websites. In addition, these platforms are much easier to manage and edit compared to custom built websites (for non-technical business owners).
Graphic Designer
Business of all sizes need graphic designers to help them establish and build their brand. If you think you have a knack for design then it may be worth it to familiarize yourself with a graphics program. The most common one is Adobe Photoshop or Illustrator. If you use an Apple computer and want to design for the Apple OS, then you should look into Sketch.
Online Tutor
If you consider yourself an expert (or close to it) in a certain area of knowledge, then you may want to consider becoming an online tutor. Tutoring platforms like Chegg allow you to get set-up online and will do most of the matching for you. Online tutoring is much cheaper and easier to get setup doing compared to tutoring in person. Just make sure you’re also an expert in patience!
Meal Planner
Health and fitness is a booming industry right now. It seems like everyone wants to start that diet or get those abs they’ve always dreamed of having. Have you ever heard the term abs are made in the kitchen? Well it’s true.
The majority of people either don’t have the time to meal plan or just don’t know where to start. There’s tons of free knowledge online about what foods are best for fat loss and muscle building. Your success here will be almost all results driven. If you can create success stories out of your clients, you’ll have more work than you can handle.
Cryptocurrency Trader
Disclaimer: This author holds BTC, ETH, IOTA, ADA, XLM and TRX. Nothing in this article is to be construed as investment advice. Invest at your own risk after doing your own research.
If you’ve been on the internet in the past three months or so you’ve probably read some crazy stories about people making money trading cryptocurrencies. While they are definitely crazy, most of them are probably true. If you’re interested in getting started with cryptocurrencies I suggest you do a ton of research. First and foremost you should understand the technology that underpins these currencies called the blockchain.
You should really understand all the implications of these digital tokens before investing. When you’re ready, I suggest opening up a Coinbase account to get started. Coinbase offers a great user interface and is best for first time crypto traders. You can use this link for a free $10 in credit.
Launching an online business these days is easy. Making it worth your while is the tough part. If you’re interested in making some cash on the side I suggest exploring one or all of the opportunities listed above.
