Side hustle ideas, part 5

It is time for another installment of the awesome side hustle ideas series. Here is the link to part 2, part 3 and part 4 as well if you missed them. And today I have got some more for you! If you want to share your unusual, weird, unheard of or well paying side hustle with my readers, please drop me a line at tdmpauline at gmail dot com, thank you!

 

Formatting eBooks

I format ebooks for independent authors. I started because I was frustrated that bloggers tend to offer a PDF and I prefer reading on my tablet or eReader. Since then, I’ve pivoted more towards fixing formatting errors in ebooks on Fiverr. Fiverr doesn’t pay as well as doing it through my website, but you have to be where your customers are looking for you and they are deffinately looking for me on Fiverr.  Income seems to go up and down, but in a good month, I pull about $100.

– Edward Antrobus from SEAM Publishing

 

 

Teaching business classes

Since my goal is to pay off my mortgage by 2017, I’m always looking for ways to make more money.

In addition to my full time job and my side income from my blog, MonicaOnMoney, I teach undergraduate business classes. I love teaching because I teach classes at night, one day per week, and usually to adult students who work all day too. They want to be there and they work hard for their degrees! It makes reaching fun and less stressful because they really want to learn. There’s also a lot of autonomy on teaching classes and most of my classes are less than 10 students so I really get a chance to get to know my students.

The money ranges from $1,000 – $1,500 for a 5 week undergraduate course, depending on experience and the professor’s degree. Those with PhD get more than those with a Masters but there is an opportunity to make more after teaching longer aaa and gaining experience. I start teaching for side income about a year ago and the extra money certainly adds up fast.

The best part is that 100% of this extra money goes straight to my mortgage! Maybe I can pay it off before 2017 🙂

– Monica Iannacone from Monica On Money

Buying local, selling on Amazon

My best side hustle is selling on Amazon. I started in 2013 and basically buy products at local retailers and send them to Amazon to be resold. I make money doing this by taking advantage of price differences. I concentrate on one product type that I know well – electronics – and spend about an hour a week hunting for deals and prepping the packages to send to Amazon. Once Amazon has the items, they take care of the rest. I am averaging a 20% return on my investment. Last year alone I made a few thousand dollars.

– Jon from Money Smart Guides

 

 

Mechanical Turk

One of the weirdest ways that I was earning extra money while I was in college was to do tasks on Amazon’s Mechanical Turk.  Amazon’s MTurk is a place where people post odd jobs for small amounts of money.  For example, for $0.02 you had to identify whether an image had a person in it or not.  However, because the tasks were so easy, you could do a lot of them very quickly.  Using the same example, even at 2 cents each task, you were basically getting 2 cents per mouse click.  So, you could reasonably do 20-30 images in a minute, which is now more like $0.60 per minute.  I would do this in lectures that were boring in college, and I could earn about $25 per class.  During one quarter in college, I earned about $500 on Mechanical Turk.  Not bad considering I did it while bored in class.

– Robert Farrington from The College Investor

 

Helping Others Sell on eBay

When I was in college, I was on the eBay train.  I had a seller account and would find random items to sell here and there.  It was a great way to earn some extra cash on the side to pay for whatever I wanted.  After some time, I started getting asked by others to help them sell some of their stuff.  I would take their items, list it, sell it, and ship it to the buyer.  After all of the fees were paid, I would take a cut of the sale price and give the rest back to the original owner.  Over time, I grew my client base and I was selling regularly on eBay.  It was a good hustle and an easy one.  People came to me because they didn’t have time or knowledge to sell their items and I loved earning the money.  It was easy for me.  I did this throughout college and earned close to $5,000.  While this was not a huge amount, it was great for a college student.  I had no overhead and didn’t have to pay anyone.

– Grayson Bell from Sprout Wealth

 

 

 

 

How do you hustle? Please share in the comments below or drop me a line to be added to the series!