We’ve got a lot of such question which is a really good question!
I believe most of us have had our own jobs that provide income for our living. But how if, it is just not enough or we simply want to earn more so we can enjoy more? The answer to this is by starting a side business. Let’s start by earning $1,000 to $2,000 a week, which sums up to $52,000 to $104,000 a year. It is good money, considering it’s a side business. And when we said side business, let’s assume it will be no more than 20 hours work a week.
There are abundance ways to make $1,000 to $2,000 a week. You just need to think of the ideas that spark within you, You need to have passion, spirit, vision, innovation and strong motivation because side business can be quite challenging as it adds up your working time.
You also need to know that side business is a business anyway, so you have to stay focused and be inspired in the same way as running a full time business. Don’t just start and leave it unmaintained it after a while.
You have to have a very good knowledge, experience and skill too. Otherwise, you could be running nowhere with your side business. There are risk somehow, losing time and losing money. So get yourself together. After you have assured yourself, let’s look for these 12 side businesses that can earn you $1,000 to $2,000 a week.
1. Freelance writer
If you know how to write, you can try getting in this business. You can earn up to $50 per hour or even more if you have excellent skill in this area.
2. Selling ebooks online
Beside being a freelance writer, you can write a book and sell it online. There are some channels you can use such as Amazon Kindle and Smashwords. Or another way, build your own website to sell your own books.
3. Start a blog
Though blogging is not the best option for fast money, but it can offer passive income in the long run. It doesn’t require much of your time either and you can have lots of financial freedom if it is successful. You need to look for monetization alternatives to earn passive income. Some that you can try are Google Adsense and by joining affiliate program provided by many companies out there. You need to provide useful contents or knowledges, build your website traffic and earn income when the ads are being clicked by your website visitors. Some bloggers can earn more than $10,000 each month with this business model.
4. Online courses
This is one of the fun ways to make money online. Simply build your website to offer specific courses within your knowledge. The average online course instructors can earn up to $5,000 each month. The main thing is you need to offer something useful and wonderful to your viewers or communities.
5. Computer hardware and software supplier
You need to work with the computer wholesalers selling hardware and software in town. You can earn fees by reselling them, mostly to businesses and home offices. Besides, you can charge setup and installation fees for the first time and maintenance fees each month. You might require some time to visit the client on-site or getting a partner to cover the work when you’re not available.
6. Professional Consultant
You can be a business consultant, financial consultant, marketing consultant, digital marketing consultant, social media consultant and other professional consulting, which very much depend on your skill and experience.
7. Online retailer
Launch your own ecommerce store. You can choose from dropshipping or setting up your own brand. Dropshipping requires much less capital while selling your own brand requires much more cash to start. Ecommerce store runs 24 hours a day which allow you to sell anytime and anywhere. Your market is bigger but you might need assistant to help out in fulfilling order.
8. Web designer and web developer
There are many businesses out there that need professional website, either it is a new startup or an existing website revamp. The good thing is you can do this job anywhere and your market is very big as well. The not so good thing is you need to spend pretty much time in completing the job. But still, it’s a good side business.
9. Design your own t-shirt
This is one of the most profitable businesses you can start. It requires low investment but your profit margin is quite high. If you don’t have design skills, you can get someone to do the design for you. Print out the design on t-shirt and sell them online. Be prepare to receive order worldwide.
10. Selling photo online
If you like photography and own a good mastery of shooting great photos, you can try this side business. In fact, it is a fun business which are not taking much of your time and quite flexible in term of working hour. You can sell it online at some stockphoto websites or you can build your own online shop. You can sell them in various dimension and price.
11. Produce and sell crafts
Creating your own crafts can be an alternative to choose from. You need to have specific skill in creating the crafts. Try fashion accessory, jewellery, wood crafts, crafts made of recycled materials and other type of handcrafts. You have to be creative in producing good products. The best thing in this side business is when you receive orders in big quantities.
12. Reselling old furniture
You may require a bit of capital to start this business. You can buy unused furnitures, fix them and resell them in higher price. As they are mostly old furnitures, they are less likely to be found anywhere. So, you might be able to sell them in much higher price.
There you have it. 12 awesome side businesses that make you $1,000 to $2,000 income each week. Who knows these side businesses can be your main businesses in the future. There should be many other ways to earn this amount of income and if you know it, please share them in the comment below.
Wahidin Wong is a digital marketer at Adkomu.com and an editor at Tobeeko.com. He is also a jazz and bossa lover.