Author Topic: Side jobs utilizing your stuff to increase earnings  (Read 1177 times)

iwantfreedom

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Side jobs utilizing your stuff to increase earnings
« on: June 22, 2017, 10:15:15 PM »
Hi guys,
What kind of money brining activities have you developed based on what you own and skills you have? I am thinking of activities that are built around assets and skills that most people have. What have come to my mind so far is uber driving, Airbnb and being a tourist guide (using one of those apps for travelers finding local guides). Any other ideas?

Cossack

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Re: Side jobs utilizing your stuff to increase earnings
« Reply #1 on: June 23, 2017, 06:27:07 AM »
I had an idea to automate link building and social posting when the website IFTTT first came out. It was just a simple idea. I put together an info product in a few days and sold it on a forum. It made a nice chunk of cash. It had a limited run, but if you get the right idea you could have an evergreen product.
FIRE'd at few years ago. I am 43, DW 39. 5 young kids 10,8,7,4 and a newborn. We have lived in Auckland, Melbourne, Guangzhou, Zhuhai, Suva and currently living in Brisbane.

My new blog lives here: financeliberation.com

anonymouscow

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Re: Side jobs utilizing your stuff to increase earnings
« Reply #2 on: June 23, 2017, 11:58:47 AM »
I am thinking about getting a couple of kayaks and renting them out. I live about 10 min from a dam and I do not think there is anyone doing rentals.

Syonyk

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Re: Side jobs utilizing your stuff to increase earnings
« Reply #3 on: June 23, 2017, 02:12:28 PM »
What kind of money brining activities have you developed based on what you own and skills you have?

My spot welder and electronics background has brought me plenty of income based on analyzing and rebuilding battery packs and doing small electronics teardowns/research/etc.  Though, uh, the hourly rate for my blog work is... mutter mumble handwave divert.  It's a long term investment, though. :)

Quote
I am thinking of activities that are built around assets and skills that most people have. What have come to my mind so far is uber driving, Airbnb and being a tourist guide (using one of those apps for travelers finding local guides). Any other ideas?

Oh...

"Stuff most people can do with stuff most people have" is not a good way to efficiently earn money, because most people can do it.

Focus on the esoteric stuff.  I'm pretty much "the" aftermarket ebike battery pack rebuilder for North America at the moment.
My random project blog - ebikes, DIY, fans, and more: http://syonyk.blogspot.com

ketchup

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Re: Side jobs utilizing your stuff to increase earnings
« Reply #4 on: June 23, 2017, 02:35:13 PM »
"Stuff most people can do with stuff most people have" is not a good way to efficiently earn money, because most people can do it.

Focus on the esoteric stuff.  I'm pretty much "the" aftermarket ebike battery pack rebuilder for North America at the moment.
This.  My GF's business is a niche of a niche, where she has very little competition, and that's where the money is.  It's easy to be an X, but if you're a Y within X that's especially good at Z, you win.

Fuerchtegott

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Re: Side jobs utilizing your stuff to increase earnings
« Reply #5 on: June 23, 2017, 02:42:50 PM »
At the moment I am €313 ebit per hour at my side business, working only 12.9 hours per month.

My normal job is full time and lower pay but safe (government).

I combined 13years of retail experience and absolutely niche online business. I automated everything. Start was in 2013 with €600 starting capital. Best. Investment.Ever.

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Syonyk

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Re: Side jobs utilizing your stuff to increase earnings
« Reply #6 on: June 23, 2017, 04:55:19 PM »
This.  My GF's business is a niche of a niche, where she has very little competition, and that's where the money is.  It's easy to be an X, but if you're a Y within X that's especially good at Z, you win.

Especially if you're easily found on the internet as the Z expert. :)
My random project blog - ebikes, DIY, fans, and more: http://syonyk.blogspot.com