If so, chances are good that you are not earning as much interest on your savings as you could (and should) be earning. At the time of this writing, the average annual percentage yield (APY) on a savings account in the United States is 0.09%. That means that $1,000 sitting in a savings account will only earn $9 in interest if it sits there for an entire year.
Americans don't stay put as much as they used to. Millions of people relocate each year, for new jobs, for retirement, or just because they want or need to. Many of them need help packing up their belongings, loading it all onto a truck, and moving it. You can help with that, if you're strong, whether you have a truck or not. The task of loading and unloading items professionally is known as "lumping" -- and you can do an online search for lumper gigs, or you can check out sites such as SimplyHired.com or Indeed.com.
Ratings. Whenever someone buys a book from you, they will have the opportunity to give the transaction a rating. This is when they’ll tell other potential buyers whether the book was in the condition that you described, whether it was mailed on time, and if your communications were pleasant and helpful. One bad rating can hamper sales, and a couple of them can downright stop them. Excel at customer service and your ratings will help your company grow.
The key is to make the class sound unique and irresistible. Don’t just teach a cooking class; come up with specialty cooking classes. You might teach a class on how to make artesian breads, or cinnamon rolls that rival Cinnabon. The possibilities are endless, and if you consistently offer educational and fun classes, you’ll have people signing up over and over again.
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
Remember the Fuller Brush Girls of yore, selling brushes door to door? They're still around, and you can join their ranks. You might also sign up with a direct-selling company such as Avon, Mary Kay, Tupperware, and The Pampered Chef, which will also have you selling their wares to friends, family, and all the customers you can find. Each company has a different compensation structure, and varying start-up costs. Do some digging online, such as by Googling the term "direct selling companies," to find a bunch of contenders, and focus on the kinds of products that you connect with the most. Some additional companies to look into include Rodan + Fields, Scentsy, doTERRA, Pure Romance, Red Rock Traditions, Stella & Dot, Traveling Vineyard, Thirty-One, Beach Body, Jamberry or Color Street Nails, Kids Bee Happy, Monat, and It Works! You'll often make the most money by enrolling others as salespeople.
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.
Skill. If you’re going to sew for other people, your skills need to be far above average. If you’re a beginner or an average seamstress, wait until you improve their skills before attempting to earn money in this type of business. If people are going to trust their wedding dresses or their favorite sports jacket to you, you must be able to handle them with care and the utmost skill.
For some people, work just has to be in an office, factory, store, or any other environment that’s separate from home. Even a second job would have to be in a separate place. For others, a home office is a welcome place for a secondary or even a primary job. If you’re one of those people, you have some unique opportunities, but you also have some very particular challenges of working from home.
Companies will pay you to virtually sit on mock juries to give attorneys and other jury consultants feedback on cases they are currently handling. Think of these as focus groups. The cases are real, but your verdict will do little more than give those involved a prediction of how things might go when it's time to go to court. You can earn fees ranging from $5 to $60. Be sure to read all the disclaimers and details. If this sounds interesting go to eJury.com or OnlineVerdict.com to find a case.
Katie founded and managed a commercial construction education business for over eight years. It became so successful Katie and her husband sold the business to a larger team. She has an MBA with emphasis in Real Estate and manages her own real estate portfolio in the Dallas area. Katie is the founder of the National Registry for Adoption, which helps those who cannot have their own children adopt embryos and give birth to their adopted child.
Amazon: Many people don’t realize that Amazon is a haven for third party sellers, including regular Joes and Janes cleaning out their attics and garages. If you plan to sell more than 40 items per month on Amazon, consider registering as a professional seller. You’ll need to pay a $39.99 monthly subscription fee, a referral fee that usually ranges from 6% to 20%, and a $1.35-per-item closing fee for media items. You won’t pay the $0.99-per-item selling fee, however. Alternatively, register as an individual seller. The fee schedule is the same as for professionals, except you do have to pay the selling fee and don’t have to pay the subscription fee.
Socialize. Especially when you’re getting started, you need to establish contacts who are already immersed in the business. They can act as mentors, keep you up to date on industry changes, and even help you land your first or subsequent job. Look for the local chapter of the Association for Healthcare Documentation Integrity (AHDI) in your area and join.
A side gig related to web development is web design. While a web developer focuses most on a website's back-end, a web designer will focus on its front-end -- the user experience. They will design the site to be attractive and also functional. Many small businesses need help with web design, and you may even be able to win some business by approaching some and offering to improve their sites.
Make sure your investment portfolio is well-diversified. This means you should invest in both stocks and bonds as well as different sectors like technology, banks, and consumer goods. Also, consider alternative investments like real estate through a platform like DiversyFund. You can also use Masterworks gives investors the opportunity to invest in fine art, which has outperformed the S&P 500 by more than 250% since 2000.
Websites like Care.com connect parents with babysitters. The company does all the background checking and other due diligence to put parents' minds at ease. Of course, you can appeal directly to people in your personal network, but if you're looking to generate recurring revenue sign up with a site marketing to parents looking for child care services.