5. Fiverr – Fiverr is a great place to make a few bucks or spend a few bucks if you need some of the services people offer. Basically, everything is $5. You either pay $5 or charge $5. They call them “gigs.” You can offer your services however you choose. If you sell art and you’re fine selling pieces for $5 each, that’s a gig. If you’re a graphic designer and you want to offer your services for $10/hour, simply offer a 30 minute gig. If they need two hours of graphic design, they pay you $20, or $10/hour by buying four gigs.
If you're an artist and have a knack for graphic design, you could do online design work for websites and businesses. This could be everything from making small graphics for advertisements to full site redesigns. To get started, check out a site like 99Designs, where you can enter design competitions and if you're selected as the winner, you get paid.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
Have you ever seen those roadside stands around Valentine's Day and Mother's Day? You know, the ones selling flowers and treats? Well, that could be you. As a college student, just head down to Costco and buy some flowers and holiday candy. Then, get permission to setup a stand near a busy intersection or on the side of a road. You'll double or triple your initial investment every holiday.
Maybe you prefer to take pictures versus creating a painting? That's fine, and there are ways to sell your stock photos as well. The Penny Hoarder has a great guide to selling stock photography, and it breaks down step by step how to sell on iStockPhoto or Shutterstock. When you start out, you will earn roughly 15% of the selling price, but it can go up to 50% over time.
There are plenty of offers that claim to provide you with the opportunity to make thousands of dollars a week. Unfortunately, none of these businesses will provide that sort of income, but they aren’t scams either. They were chosen because they all require a minimum investment to get started — some require nothing more than a flyer advertising your business. Even better, if you do enjoy any of these businesses, there is a potential with most of them to continue to expand — perhaps even to the point of going full time.
But that was 2007, and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. According to the Bureau of Labor Statistics, freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here. The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020.
Online “gigging” — Like freelancing but for one-off tasks as opposed to ongoing work, these sites let you offer individual “gigs” for people looking for a particular task. You won’t make as much money as you would with freelancing, but using these gig sites also gives you some work without requiring the commitment of running a freelance business. Check out sites like Fiverr, Upwork, and People Per Hour for ideas of what you could do.