Top 5 Side Hustle Business Ideas to Launch in 2024 for Extra Income
Key Side Hustle Business Ideas for 2024
Source: Forbes
1. Virtual Event Planner
- Manage online and hybrid events, including scheduling and technical support.
- Earn hourly rates or package fees; average is about $60/hour on platforms like Fiverr.
- Leverage prior experience in event planning and remote work tools.
2. Sell Soaps and Candles
- Create handmade soaps and candles as unique gifts, particularly during holidays.
- Use eco-friendly and vegan ingredients to appeal to niche markets.
- Sell through platforms such as Etsy or Amazon; start with low ingredient costs.
3. Print-on-Demand
- No inventory required, reducing upfront costs and environmental waste.
- Earn commissions on products like t-shirts and mugs without storage hassles.
- Utilize platforms like Teespring or Shopify to set up your store easily.
4. Personal Training/Virtual Exercise Classes
- Capitalize on the growing health and wellness sector, expected to exceed $6 billion by 2027.
- Teach live classes on Zoom or upload pre-recorded workouts to apps.
- Engage clients globally while standing out in a competitive market.
5. Ecommerce Chatbot Development
- Create custom chatbots for ecommerce businesses to enhance customer experience.
- Hot demand as online shopping rises; can command several hundred dollars per project.
- Target small to medium-sized ecommerce companies for opportunities.