What side hustles have you personally seen work pretty well?
Corporations taking over side hustles seems to be screwing over people, since they take such a large cut and flood the market for that hustle.
But the ones I've personally seen people do that work pretty well (in USA) are:
Stay at home mom watching another kid (legally dubious depending on state/situation. But I ain't no narc.)
A neighbor of my mom's sends out a menu saying what she plans on cooking each night for that week, and for $X will deliver you some as well (Legal in Utah due to special laws, other states could be dubious. )
People who go pick up free furniture that is pretty trashed, and then refurbishes it and sells it. Or people with trucks who are like "Will deliver furniture for $30 in X area" is also pretty life saver for people without cars/trucks. Was able to get a super cheap/nice coach because of this.
People who just flip free stuff or stuff from thrift stores without doing any improvements annoy me greatly though. We broke and you're just driving up the price!
None of these generate a ton of cash, but I like that they take very little up front cost, aren't disruptive, and mostly take labor.
Churning. The art of spending money in a circle using accounts that offer rewards.
I knew a guy who had like 50 credit cards and 25 bank accounts. He could move money in circles all month, and get like $100k/year in cash back rewards on top of his $100k/year job. His credit report said he spent $8M a year on credit cards. His credit score was 845.
He also pretty much flew for free, and he flew all the time. There were a few mileage programs in his little scheme.
As far as I can tell, 100% legal. The banks just make frequent changes to their offerings to make it hard to do.
Knife sharpening. Not hard to learn how to do it decently, and hard to find someone who can do it decently. The equipment is not too expensive either. 40$ for a good coarse stone (you will need one!!!) And 40$ for a decent combo stone of medium and fine. You probably want a good flattening stone too.
DONT use amazon, all of the stones there are scams. A good coarse stone is a Naniwa lobster 220. A good combo stone is the KING KDS 1000/6000.
I wish I had some good ones but I'll be watching this thread.
What I can say is that anyone on youtube that's got a channel dedicated to a particular hustle is no longer making their money doing that hustle. They are an influencer now.
I don't want to start it yet because of the obligation and enjoyment of free time. Once it starts reputation is everything, especially with the demographic.
You need patience, kindness, and a general enjoyment in helping others.
Have seen the need. And will increase as time goes on.
Support extending to personal traxjing sessions as well as just fixing basic shit.
Buddy of mine picked up old washers and dryers for free or close enough. Fixed and flipped 'em on eBay marketplace. Made several hundred a week.
The genius is that those appliances are easy to work on and usually have compatible parts. I went over to get a part from him and there were only 2 that fit all American washers.
I used to pick up vacuum cleaners on my paper route. Got stoned at night and cleaned them, maybe added a new belt and bag, perfect. Sold for $20 a pop. (This was in the 90s).
Another friend used to go out with her husband early on trash days and pick up free stuff by the road. Had a garage sale every Saturday, 6-7 hours tops, made $300-$400. "We take our neighbor's trash and sell it back to them!"
My wife does the furniture flipping thing. I don't think we make any money on it — but we have much nicer furniture than we could afford otherwise and between reselling the items we get rid of the low prices we pay for the incoming, we're certainly not spending money on it, either, and that's counting the cost of renting trucks to move it around.
Scrap metal. I always leave my scrap metal out on trash day next to the trash can. A guy in a pickup will come around and get it. I would have to save it up for years for it to be worth a single trip, but he's getting a full load or two every day. I'm sure I've lost out on a few hundred bucks over the years.
I'm sure if you started an electronics recycling company or a clean out business you could get people to pay you to take their stuff.
My side hustle is real estate photography. Very flexible timing and I already had all the equipment. If I didn’t already own the equipment I wouldn’t have done it.
I haven't known anyone to do this but I always thought managing social media accounts for small businesses would be a good side hustle. A steakhouse restaurant nearby went out of business in a year. They spent a ton of money on remodeling and a billboard with a logo but weren't even listed on Google Maps. I'll wager some businesses would be willing to barter in order to keep things simple
Photographer seems like a good one. I've a friend who works four days a week, and occasionally fills in the extra day or weekend with a quick professional photo shoot.
Edits in the evenings while rewatching movies.
It's pretty chill. That one day off actually earned them more than if they worked five days a week, even if they only work it once in a while.
Graphic design of print on demand products. I started it in 2017 when I was between jobs, put in serious effort for about two years, I still make around $200 a month passively from it. Doesn't pay all the bills but it does give me a decent chunk of beer money.
I'm now exploring choice mushroom growing, as there is a shit ton of money to be made in oysters and lions mane rn.
A close friend sells a product on eBay. A product most households have & my friend collects when it's no longer wanted which is cleaned, sorted & resold. Has now left 9-5 job to run it as a business.
This friend is exceptional at exploiting niches & will likely become amongst leading sellers of this type (is well on the way already having done it before with a particular collectible). Interestingly, reading through the suggestions here, previously collected & sold scrap before pivoting.