Logo

648: The 10 Best Side Hustles of the Year

en

December 26, 2024

1Ask AI

In this episode of The Side Hustle Show, host Nick Loper reflects on the standout side hustles from the year, sharing insights and practical applications that can inspire anyone looking to boost their income. This comprehensive summary highlights the key takeaways, expert opinions, and strategies from the podcast episode titled "648: The 10 Best Side Hustles of the Year".

Key Themes and Highlights

1. $100 Per Day Challenge

Jackie Mitchell's challenge, discussed in Episode 594, stands out as a major highlight. Jackie earned over $10,000 in just 100 days by taking on various manageable side hustles, including:

  • Paid Surveys: Utilizing platforms like Prolific, which often pays well for short surveys.
  • Data Annotation: Training AI models by editing and fact-checking responses for companies, with payment rates around $15-25 per hour.
  • Focus Groups: Participating can be lucrative, with earnings ranging from $50 to $200 per hour.

2. Website Rentals (Rank and Rent Model)

Mao Rios' segment from Episode 597 focuses on building niche service websites. The process involves:

  • Creating a local SEO-optimized site.
  • Renting it to businesses seeking leads, often for $500 to $1,500 per month. This strategy allows for passive income generation once established.

3. Vending Machines

In Episode 599, Mike Hoffman explains the passive income potential of vending machines. Key insights include:

  • Finding ideal locations with foot traffic, such as senior centers or apartment complexes.
  • The importance of modern amenities, including accepting credit card payments.
  • Profit potential can reach $500 per machine per month, making it a scalable side hustle.

4. Billboard Business

Chris Brown's experience, shared in Episode 608, reveals the profitability of investing in billboards, focusing on:

  • High-traffic locations with minimal competition.
  • Monthly earnings can exceed $2,400 from a billboard depending on location.

5. Photo Organizing

Cheryl Defranx, featured in Episode 619, offers a unique service that charges around $100 an hour for:

  • Organizing both digital and print photos.
  • Helping clients tackle emotional burdens associated with their memories, leading to consistent demand.

6. Software Consulting

Christie De Silva, in Episode 627, emphasizes expertise in popular software tools like Honeybook and ClickUp. Key points include:

  • Creating valuable content helps in acquiring clients organically through search.
  • Specializing boosts credibility and allows for raising hourly rates significantly (up to $300/hour).

7. Window Washing

Jack Linebach, from Episode 630, demonstrates how he turned a window washing business into a success by utilizing social media ads. Highlights include:

  • Instagram ads that led to thousands in revenue, showcasing the ROI of targeted advertising.

8. Junk Land Flipping

Wayne Seminoff, in Episode 629, shares insights about transforming vacant, unwanted land into profitable assets. This involves:

  • Understanding zoning laws and using legal avenues to make land buildable.
  • Profits can spike from $1,000 to $500,000 through strategic investments.

9. Digital Products on Etsy

Debbie Gartner, in Episode 637, grew a digital products shop with low overhead. Key strategies include:

  • Using interests and hobbies to develop relevant products.
  • The gradual build-up of income through consistent effort that leads to earnings of around $4,000 monthly.

10. Remote Cleaning Services

Skylar Sullivan's business model discussed in Episode 645 exemplifies matching service providers with customers. Key insights are:

  • Building a brand and handling logistics while outsourcing work to qualified cleaners can lead to $60,000 monthly.
  • Emphasizing professionalism attracts more customers and ensures quality service delivery.

Conclusion

The variety of side hustles discussed in this episode demonstrates that diverse opportunities exist for anyone willing to explore different avenues for income. From high tech approaches like software consulting to traditional services like photo organizing and cleaning, there's something for everyone.

These insights can empower listeners to take actionable steps this year, whether they're looking for passive income streams or hands-on side tasks. Reflect, choose a hustle that resonates, and start your entrepreneurial journey today!

Was this summary helpful?

Recent Episodes

The Sweaty Startup: How to Start a Local Service Business (Greatest Hits)

The Sweaty Startup: How to Start a Local Service Business (Greatest Hits)

The Side Hustle Show

Do you know how much cash flows through your hometown on a monthly basis? In this episode we explore how to get some of that cash flowing toward you! I'm joined by Nick Huber, co-founder of Storage Squad and host of The Sweaty Startup podcast. Storage Squad, a student storage service, has grown to over $3M in sales since starting it as a little part-time project back in 2011. I invited Nick on The Side Hustle Show to help walk us through his "sweaty startup" framework. That is, how you can start a low-risk, low-overhead, local, service-based business, set it up for success, and let that be the vehicle that drives you away from a lifetime of cubicle slavery. Tune in to hear Nick’s thoughts on generating service business ideas you could start today, evaluating the market and competition, and scoring your first customers. That’s why I think this is pretty exciting -- it really doesn’t take many customers to begin to make a meaningful income here. Full Show Notes: The Sweaty Startup: How to Start a Local Service Business New to the Show? Get your personalized money-making playlist here! Sponsors: Airbnb — Discover how much your home could be worth and find a professional co-host today! Mint Mobile — Cut your wireless bill to $15 a month! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! OpenPhone — Get 20% off of your first 6 months! Gusto — Get 3 months free of the leading payroll, benefits, and HR provider for modern small businesses!

January 13, 2025

650: 7 Proven Ways to Generate New Business Ideas, with Real-Life Examples

650: 7 Proven Ways to Generate New Business Ideas, with Real-Life Examples

The Side Hustle Show

How do you come up with a business idea? Aspiring entrepreneurs often get stuck in the business idea phase — that is, they’re confident they could run a killer business, make a ton of money, and live the good life — if they could only come up with the right idea. If that’s you — the idea seeker — I’ve got good news for you: coming up with new business ideas is actually pretty easy. It’s what comes next that’s hard! But today, let’s go through some of the proven methods you can use to come up with your first (or next) business idea. Full Show Notes: 7 Proven Ways to Generate New Business Ideas, with Real-Life Examples New to the Show? Get your personalized money-making playlist here! Sponsors: Mint Mobile — Cut your wireless bill to $15 a month! Airbnb — Discover how much your home could be worth and find a professional co-host today! OpenPhone — Get 20% off of your first 6 months! Gusto — Get 3 months free of the leading payroll, benefits, and HR provider for modern small businesses!

January 09, 2025

649: This Firefighter’s Side Hustle Grew to $1M in Sales

649: This Firefighter’s Side Hustle Grew to $1M in Sales

The Side Hustle Show

Mike Ettenberg spent 10 years as a firefighter, but was constantly losing or breaking his sunglasses on calls. Frustrated, he decided to take matters into his own hands. Frontline Optics makes durable sunglasses for first responders with a no-questions-asked replacement policy. Despite having "no business experience," the Side Hustle Show listener took Frontline from side hustle to full-time venture, selling over $1M worth of sunglasses along the way.  Tune in to episode 649 to learn: How Mike found his first customers The "microinfluencer" strategy that generated consistent sales When he felt comfortable quitting his firefighting day job His plans for the future Full Show Notes: This Firefighter's Side Hustle Grew to $1M in Sales New to the Show? Get your personalized money-making playlist here! Sponsors: Mint Mobile — Cut your wireless bill to $15 a month! Airbnb — Discover how much your home could be worth! OpenPhone — Get 20% off of your first 6 months! Gusto — Get 3 months free of the leading payroll, benefits, and HR provider for modern small businesses!

January 02, 2025

The Side Hustle Snowball: How to “Erase” Your Expenses with Extra Income Streams (Greatest Hits)

The Side Hustle Snowball:  How to “Erase” Your Expenses with Extra Income Streams (Greatest Hits)

The Side Hustle Show

I want to introduce a concept I call The Side Hustle Snowball. If you’ve heard about Dave Ramsey’s “Debt Snowball” framework, this may sound familiar. Here’s how The Side Hustle Snowball works: You itemize out your expenses and then aim to come up with side hustle income to cover them, starting with the smallest and working your way up. Once you reach the bottom of your list, you don’t need your job anymore! The reason I like this framework is setting out to replace your income with a side business can be a daunting task. The Snowball approach breaks it down into mini-victories and lets you celebrate your progress along the way. And just like a real snowball, it picks up steam, size, and momentum as it gets rolling. Let’s look at some real-life examples of how you can make extra money. What follows are some of my actual monthly expenses*, and how we mentally zero them out with job-free income. Full Show Notes: The Side Hustle Snowball: How to “Erase” Your Expenses with Extra Income Streams New to the Show? Get your personalized money-making playlist here! Sponsors: Airbnb — Discover how much your home could be worth and find a professional co-host today! Indeed — Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Mint Mobile — Cut your wireless bill to $15 a month! Gusto — Get 3 months free of the leading payroll, benefits, and HR provider for modern small businesses!

December 30, 2024

AI

Ask this episodeAI Anything

The Side Hustle Show

Hi! You're chatting with The Side Hustle Show AI.

I can answer your questions from this episode and play episode clips relevant to your question.

You can ask a direct question or get started with below questions -

Sign In to save message history