Entrepreneurs are always looking for new ways to make extra money on the side. While many side hustles like driving for a rideshare or food delivery service can provide steady part-time income, entrepreneurs often seek out more unique and scalable opportunities. If you’re an entrepreneur looking to start an interesting and profitable side business, here are some non-trivial ideas to consider:
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Live Stream Funerals
Live streaming funeral and memorial services has become increasingly popular, allowing distant friends and relatives to remotely partake in the ceremony. As an entrepreneur, you could start a business offering high-quality live streaming services for funerals using a platform like EventLive. This requires owning professional video equipment like cameras, tripods, microphones and lighting as well as reliable high-speed internet access. You would need to be able to sensitively market your services to local funeral homes and cemeteries and coordinate timing with them. EventLive makes it easy to manage live streams. There is great potential to expand this kind of business by also offering to record memorial videos, photo montages, and other keepsakes for family members. With the aging population and more people living far from relatives, live streaming funerals can be a viable and meaningful business concept.
Run Errands for Busy Professionals
Entrepreneurs can start a business running errands and completing everyday tasks for busy professionals, the elderly, and others short on time. Services can include grocery shopping, dry cleaning, package pickup and drop off, waiting for repairmen, organizing tasks and more. Market yourself as providing flexible, reliable assistance with real-life chores that take up valuable time. Set competitive rates and focus on excellent customer service. While this requires diligent scheduling and driving/transportation, a task-services business can build up steady demand.
Flip Domain Names
Savvy entrepreneurs can earn money by purchasing catchy, high-potential domain names, developing the sites, and then reselling them later at a profit. This requires you to have a keen eye for recognizing valuable domain names that businesses would want to own. Do thorough research and look for short, memorable, descriptive phrases that could work well as a web address.
Be ready to purchase these domain names even if you have no immediate plans for them. Once purchased, you can develop basic websites or landing pages for the domains to make them more attractive and optimized for relevant keywords. Then list and market the domains you’ve optimized on domain sale marketplaces like Flippa or EmpireFlippers. Patience is key as it may take months or years for the right buyer to purchase at your asking price. Substantial profits can be made with this side hustle if you have the dedication to slowly build domain value.
Offer Video Editing Services
Entrepreneurs skilled in video editing can offer their services to businesses, content creators, YouTubers, and video production companies. Services include cutting and splicing raw footage, adding transitions and graphics, color correcting, importing/exporting different file formats, and more. Build a portfolio website showcasing your video editing work. Reach out to potential clients through freelance sites, social media and networking. While competitive, you can build a stable flow of clients as an entrepreneur by providing quality video editing services.
Offer Virtual Assistant Services
Entrepreneurs with great organizational and administrative skills can capitalize on the booming virtual assistant industry. Virtual assistants provide remote professional support and task management for busy clients ranging from executives to small business owners. The tasks you can offer include scheduling appointments, managing emails, coordinating projects, researching topics, booking travel, data entry and more. Build a profile on sites like Upwork or Fiverr to start obtaining clients, and promote your services through your own website and social media. While the work itself involves actively assisting clients, virtual assistant services allow you to earn money on a flexible schedule from anywhere.
In summary, exploring creative real-world task oriented business ideas like these can be quite rewarding for entrepreneurs looking to make money outside their main startup or company. With the right combination of skills, effort and patience, side hustles like live streaming funerals, running errands, flipping domains or offering video editing services allow you to turn niche abilities into profitable income streams. The key is identifying untapped markets and providing real value as an entrepreneur.
