8 Solid income streams to Utilize while building your business

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Being a start-up entrepreneur is synonymous with being financially unstable at times. While you’re growing your company, it’s important to be focused.

But what if you could get a side hustle that would help bring in a healthy secondary income to alleviate some of that financial stress? And, best case, what if this side hustle could also help you grow your core business?

The good news is that there are a lot of companies that create opportunities for entrepreneurs that don’t require full-time work and can become a great companion to the work you’re doing. Better yet, they take out the hassle of having to create a second company to supplement your income because they do the legwork and allow you to plug in your skills and time.

Here are SOME  examples of opportunities that might be the perfect side hustle for you as you continue to grow your company.

SIDE INCOME STREAMS WHILE BUILDING A BUSINESS.

1 . Invest in real Estate

There are a lot of methods for making money in real estate, many of which don’t require your full time effort.

Josh Dorkin, CEO and founder of BiggerPockets says you should consider land lording, flipping houses or wholesaling. 

His company’s website will help you manage and understand all of the different state laws and regulations, as well as leverage the largest worldwide network of real estate investors who come to his site to ask questions and help one another.

He also recommends finding people in your area with skill sets and expertise that you don’t have, and to partner with them or use them as a place to park your investment cash. 

You can join BiggerPockets for free
and he recommends reading its Ultimate Beginner’s Guide, a free eight-chapter book on real estate investing for novices.

2. Start Investing Online

The Internet has made things a lot easier that one can actually earn online by just investing.
This is a huge topic as the internet is flooded with scam offers and mouth watering offers from several companies.

Investing online can actually earn any serious entrepreneur from 10% up to 20% monthly with no risk, and by this I'm talking of Investing into Legit businesses, not some scam company promising 5% daily.
While building a business any wise entrepreneur will set aside some savings just incase. Well don't just keep it in the bank, invest it and use it to grow your business overtime.
Investing on Cryptocurrency mining can earn you on a monthly basis between 10% up to 25% for years.

Click HERE to Get Started with no risk 👌🏽

3. Drive a Taxi

Most of us are familiar with Uber and Lyft, the companies that took limo and town car services and gave them riders in their down time, and then expanded into recruiting regular citizens to utilize their free time to become taxi drivers.

Have you considered being one of them? I’ll never forget one of my rides where the driver told me that he uses his spare time to make money driving as well as to leverage the networking he can do with each of his passengers as he grows his new business -- genius.

"One of the greatest things about the Uber platform is that it offers economic opportunity for a variety of drivers -- full time, part time, teachers in summer, full-time students, military spouses, etc. -- in more than 260 cities around the world,” says Molly Spaeth, an Uber spokesperson.

So if you’re in one of the 260 cities, you could be making your car into a money-generating experience and a networking opportunity on wheels.

4. Host the next-gen of tupperware Parties

There are many companies that do at-home parties and trunk shows where you can utilize the company’s products, marketing and operations infrastructure to build a side income by plugging in your network.

One that has proven to be very successful is Stella and Dot, where you become a jewelry consultant and host parties at friend's homes, local boutiques or events.

Other popular brands include Rodan + Fields and Pure Romance.

5. Outsource your Skills

Can you do graphic design, data mining, website development, video editing, software development or customer service? Then you can parlay those skills by
signing up on sites such as TaskRabbit or ODesk and get hired by their members to do jobs in any of these areas.

You can pick and choose how often you want to work and what jobs you take.

Read Also: Airtasker.com Review: Earn Up To $1000 Daily Offering Simple And Professional Services On AIRTASKER

6. Rent out your Pad

Are you traveling for a business meeting and leaving your home empty?

Do you have a spare room or guest house? 

It’s time to put them to work and list them on Airbnb or VRBO and make money on your property when you’re not using it.

7. Rent out your Car

If you can get on board with renting out your home, you’ll certainly understand the model created by companies such as RelayRides and FlightCar, which allow you to rent out your personal vehicle to their
users.

8. Don’t just buy on ONLINE shops, sell There

You can simply sell your own items, or you can make it into a side business.

“I run an eBay franchise in which I teach people how to run a re-sale business on eBay," says Garrett Brustein. 

"I do one-on-one training to show themwhere to get their inventory and how to list and ship items the same way I do so they can emulate the process and take all of the guess work out of the business. They are then able to do this as a part-time job in their free time."

Just think, You can unload the stuff you don't want and go shopping to resell items all in the name of making money.

If you’re looking to make some money on the side or find channels through which you can build your primary business, it’s time to look into some of these options.

Hope this was helpful?