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What Is A Startup? Everything You Need To Know

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What Is A Startup

A startup is a small business founded by entrepreneurs to create original and incomparable goods or services. Its goal is to promote creativity and the rapid development of ideas.

A startup differs from a regular business in that its primary goal is to test and refine a business model. A startup is a series of tests that lead to birth or death.

As a result, a startup’s risk profile is high. It’s not worth it to start a business unless you’re willing to put in a lot of work and incur risks. In this article, you are going to understand what is a startup. 

Slush alumni Katariina Helaniemi, Annaleena Kuronen, and Venla Väkeväinen define startups as “a young company that is still searching for its business model and is aiming for high growth.” 

In contrast, Eric Ries defines a startup as “a human institution designed to deliver a new product or service under extreme uncertainty.” Startups are typically tasked with inventing a new sort of service or product to solve a problem.”

A Brief History of Entrepreneurship

What is a startup can be traced back to history. Startups haven’t always been regarded favorably. Many people attribute risky startup investing to the events of the Great Depression, which led to legislation restricting how uncontrolled companies may market for investors. 

Since then, venture capital or “friends and family” investors have given most startup funding (more on this in the following section!)

The modern-day popularity of startups can be traced back to the late-1990s. Investing in small businesses was particularly widespread during the early days of the internet, which is why many people still identify startups with tech companies.

What is a startup and purpose of it?

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Startups are possibly the most intriguing type of business because they provide a once-in-a-lifetime potential for global influence and growth – a possibility that few people could have imagined just a few decades ago.

However, the startup culture generates a variety of viewpoints. People appear to be either excited about startups or despise them. Unfounded arguments frequently target startups. It’s easy to dismiss the hoopla surrounding them as wishful thinking or outright lies. As a result, numerous erroneous assumptions about startups have been made.

Part of the problem could be since startups thrive on hope. Entrepreneurs in the startup world construct stories about how the future might look and make these visions a reality. They are convinced that they can impact the world and that their activities have consequences for improving it. 

In the startup sector, a company still in the concept stage could significantly influence the following five years, possibly even with a billion-dollar turnover. 

What is a startup and why are startups important?

Before learning, what is a startup? The most crucial question is, “Why do we need startups?” The reason is apparent: startups are one of the most effective ways to quickly address problems and execute solutions on a global scale. 

Whether it’s a major global issue like climate change, regional inequality, or something more mundane like cheaper transit or better payment alternatives, startups are often the most significant organizations tackling problems.

While more established businesses are often focused on maximizing existing value, startup entrepreneurs help to keep society moving forward. Both startups and older companies are necessary for today’s society.

One of a company’s most serious drawbacks is increased risk. This is particularly true in the case of long-term success. New businesses must prove themselves and raise funds before producing money. Maintaining investor satisfaction with the startup’s success is critical. There’s always the possibility of losing or not having enough finances to continue operations before generating a profit.

Extended hours are ordinary in startups since everyone is working toward the same goal: to see the company prosper. Because a few businesses usually work on the same idea, competition is always fierce. This might result in high-stress situations and compensation that isn’t always commensurate with the number of hours performed.

The Benefits of Starting a Business

There are a lot of perks to working for a startup. Increased responsibility and learning opportunities are two examples. 

  •  Startups have fewer employees than larger, more established companies; employees are more likely to wear many hats and work in various roles, which leads to increased responsibility and learning opportunities.
  • Startups are more laid-back by nature, with flexible hours, employee engagement, and flexibility, making the workplace more communal.
  •  In addition, startups are more likely to provide more excellent workplace benefits such as child care, free food, and shorter work weeks.
  • Working at a startup can also be more enjoyable since managers encourage creativity and give skilled employees more freedom to pursue their ideas.

Hence, the points mentioned earlier are the perks of starting a startup, which would motivate you to grow in a definite direction.

What is a startup and six compelling reasons to work for it

Now that we have understood what is a startup and how it started. It is now crucial to know the reasons and how Startups open the door to new possibilities and difficulties, not to a to-do list, but to fresh opportunities and challenges that will allow you to grow alongside it. 

Let’s get right to the point: why should you join a startup?

  • A flexible schedule: You’ll undoubtedly have a lot of work to do, but you can organise it according to your preferences. All you have to do now is discuss it with your boss. Another benefit is the ability to work from anywhere in the world. All you’ll need is a steady Internet connection to get started.
  • A wide range of responsibilities: During your time working at a startup, the possibilities and difficulties you will confront will alter regularly. This means you’ll have the opportunity to adjust to the situation and learn new abilities to complete the tasks required for the project’s further development.
  • The environment is conducive to creativity: People who risk starting a new business are considered creative and have many ideas. They experiment with new approaches, products, and services to be unique. That is why you should contact the founders, who will assist you in seeing things in a new light.
  • Professional advancement: Working at a company from the outset allows you to develop a foundation of critical skills and expertise, gain experience in many functional areas, and take on varied responsibilities. Furthermore, as a company expands, you will grow as a professional by gaining additional job prospects.
  • A pleasant group of people: Joining a startup feels like joining a family. Because of the majority of startups, you’ll have the opportunity to know all your coworkers personally. You’ll also share your opinions and ideas with your coworkers to help the company succeed.
  • Possibilities for employment: Occasionally, a significant corporation will pay more than a startup can afford. On the other side, you can develop new talents and incentives in a startup while doing completely different things. In the long run, you’ll have invaluable professional experience.

So, working in a startup can help in Professional advancement. A wide range of flexibility can develop new talents and enhance your skill through your creativity and possibilities.

What is a startup and different sorts of startups

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The market and your business grow every day, and the demand for entrepreneurs to know it is also increasing. However, having a good idea does not seem enough anymore. These days you need to have a clear vision for your company too.

But what about taking the time to find out more about your startup? You might be missing an important step along the way: knowing what type of startups there are!

A good idea isn’t enough to establish a business in today’s market, where everyone seeks to provide innovation. You should explore the following sorts of startups to understand their characteristics better.

If you’re new in this arena or even if you don’t have much time on hand but want to compete with giants like them-you need something innovative; do what makes you happy or maybe seek something different that has a social impact? Finally, decide which one suits yours best from our six types of startups and examples below!

1. Startups with scalability

A scalable startup is like a company that can grow quickly by taking investment from venture capitalists, as with Facebook and Google. This type of business typically wants to be a millionaire in the future- it’s all about having big plans! They are always on the lookout for new employees who are quality-driven and have a tight financial strategy which includes generating revenue while keeping costs low as well. Uber, Airbnb, and other newer startups are good examples of this kind – they want to create an empire!

This category includes a lot of IT companies. Technology businesses can readily access the global market because they frequently have a lot of promise. Investors can help IT companies expand into international corporations. Google, Uber, Facebook, and Twitter are examples of such startups. These businesses hire the most outstanding employees and seek out investors to help them grow their businesses.

2. Beginnings of a small business

These firms are self-funded and started by ordinary individuals. They develop at their own pace and typically have a decent website but no app. Good examples are grocery stores, hair salons, bakeries, and travel agencies.

Your business needs technology, and the fact that it is small doesn’t mean it stops moving the local economy.  Rather than just generating jobs or creating websites and social networks like larger businesses might do, they generate money from their own economies without much intention to expand outside of them.

It can be a virtual store, a small business, a travel agent, or even someone who cuts hair – according to ABSTARTUP’s study “Radiography of Brazilian Startups Ecosystem”, 63% have 5 members or less on their staff

3. A lifestyle startup

Successful lifestyle startups are driven by dreams and usually come from that creator’s lifestyle. This type of startup is based on talents and passions, but doesn’t just rely on the idea of success through money – it aims to make achievements.

 Want an example? Mathew Jones, a former Australian surfer turned his full-time surf teaching gig into numerous useful apps like ” iSurfer “. His business made other surfers join him in creating new innovative apps. All members of this kind of startup share the same purpose and vocation because they work together as one unit for their company’s sake!

There are numerous examples of lifestyle startups. This can be started by people who have passions and are keen to work on them. They have the opportunity to earn a living doing something they enjoy. Consider the case of dancers; they actively build online dancing schools to teach children and adults how to dance while earning money.

4. Large-scale business

Large companies can also be startups. The Large Company Startup has innovation as its main objective, not just in improving yourself but generating truly disruptive innovations and making your business model superior or unique.

These types of businesses start with revolutionary products that quickly become known, but because they need to keep up with changes to sustain themselves, they have the capacity to adapt and grow along with new demands, trends, and transformations- like Apple which was a startup since 1976 when it first launched its computer.

Not only did it follow numerous technological changes; it was responsible for creating them too!

Startups Customers’ preferences, technologies, and rivals change with time; hence large organizations have a limited existence. As a result, startups must be prepared to adapt to changing circumstances. As a result, they create cutting-edge items that meet the demands of modern clients.

5. Social-media startups

Social startups are a type of startup with huge importance for many entrepreneurs because they want to change the world in some way. The founders do not intend to be rich – wealth here is the benefit for communities, workers, or regions where they exist.

A social startup may or may not be for-profit and unite both models but always aims at the human and social side. What matters is contributing positively to society by examples such as charities that fight poverty, provide clean water projects or raise awareness about other issues that need help.

Despite the widespread perception that the primary goal of all companies is to make money, these businesses exist. There are still firms built to help others, known as social startups. Charities and non-profit groups that rely on donations are examples.

For example, Code.org, a non-profit organization in the United States, promotes students to learn computer science.

6. Buyable Startups

The idea is that small groups create a firm from the ground up and then sell it to a larger player in their field.

These kinds of businesses are frequently related to software and technology. You’ve probably seen the news about tech behemoths like Amazon or Uber acquiring smaller businesses. These kinds of mergers and acquisitions happen all the time.

It’s important to remember that companies don’t have to be profitable to be bought out (and many aren’t). This is a significant risk for investors, but it’s even more so for business owners seeking to sell a firm that is losing money. 

These are different sorts of startups, which might help you understand what a startup is and its types, which might help you start the startup and plan accordingly.

Specific Points to Consider

When it comes to getting a business off the ground and running, there are many things that entrepreneurs must consider. Some of the most important ones are given below.

1. Location

Any company’s location may make or break it. It’s also one of the most crucial factors to consider for anyone starting a business. Startups must decide whether to run their business online, in an office, at home, or in a store. The sort of product or service being given determines the location. 

A virtual reality hardware business, for example, might require a physical storefront to provide customers with hands-on knowledge of the product’s complex features. 

2. Structure of the Law

Startups must decide which legal structure is best for their company. Sole ownership is the best option for a small firm owner who simultaneously works as a key employee. Partnerships are legal entities that can be used to run a business with multiple persons with joint ownership, and they’re also relatively simple to set up. A startup’s responsibility can be lessened by forming a limited liability corporation (LLC).

3. Funding

Friends and family are a common source of funding for startups and venture investors. 

This is a group of professional investors who focus on startup investment. Crowdfunding has become a feasible option for many people looking to secure the funds they need to drive their businesses ahead. 

The entrepreneur creates an internet crowdfunding page where people who believe in the business can donate money.

Startups can use credit to get their business off the ground. A startup with a new credit history may obtain finance through a line of credit. This method bears the most significant risk, especially if the startup fails. Small business loans are used by other businesses to help them develop. Small firms often have numerous specialized choices available from banks, including short-term microloans and low-interest loans designed specifically for entrepreneurs. To qualify, a detailed business plan is frequently necessary.

Bottomline

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“What is a startup?” isn’t as straightforward as it may appear. Although certain essential traits apply across the board, the definition of a startup varies depending on whom you ask.

In general, if a business exists for more than a few years, employs more than a handful of people, or generates millions of dollars in revenue, it has likely outgrown its initial period.

Starting a business may be a challenging but rewarding endeavor. Having a fantastic concept and trying to bring it to market comes with a slew of hurdles, including raising funds, hiring personnel, marketing, legal work, and keeping track of finances. However, keep in mind that startups can lead to higher job satisfaction and the opportunity to leave a legacy.

Elena Hudgens is an entrepreneur with 10+ years of experience. She started her journey by building her own e-commerce website on Shopify and turned her $1000 savings to millions in just 2 years. Soon she started different ventures in which she failed and succeeded. And now, she's on a mission to help other entrepreneurs with her life and business lessons.

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Entrepreneurship

How To Make Money On Tiktok: 15 Best Ways In 2022

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how to make money on tiktok

Every day, many influencers earn millions of dollars through their TikTok accounts. Maybe you’ve heard of 21-year-old TikTok star Addison Rae who bought a Tesla Model X. Welcome to how to make money on TikTok. 

TikTok has been ranked as the sixth most popular social media platform, with over 1 billion active users as of January 2022. That’s an extensive customer base. Many people, including some who consider it a full-time job, have already figured out how to make money on TikTok. 

This article will examine the 15 best ways to get paid on TikTok.

How do you make money on TikTok?

There are many opportunities to make some cash on your favorite app. A business may use various business strategies, but TikTok itself must execute some. For example, companies may advertise on TikTok to drive visitors to their e-commerce websites. Still, you’ll need to invest more time on TikTok to earn money via the Creator Fund or become a brand ambassador. 

Let’s look at some of the best TikTok monetization strategies for 2022. 

1. Become a TikTok influencer

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If you’re thinking about how to make money on TikTok, becoming a TikTok influencer is your best shot. The notion that “if you build it, they will come” also applies to TikTok. You can get influencer partnerships with brands worldwide if you generate an account with a loyal and active audience. You can gain endorsements from influencers if you build your account. 

For example, Charli D’Amelio, one of the most popular TikTokbers, is an influencer for P&G, one of the most significant players in the world. Some people don’t consider that you must have millions of followers like Charli to be an influencer, but that’s not true. Many brands prefer to work with micro-influencers or individuals with fewer followers.

A micro influencer’s followers vary from 5,000 to 50,000, depending on the influencer and the target market size.

A niche or a specific topic or theme for your account and posts is a good idea if you want to become an influencer. By doing this, brands will know if you’re a good match for promoting their products and services.

2. Sell products through TikTok shopping

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If you are from the US, Canada, or the UK and thinking about how to make money on TikTok, you may be able to add a shopping tab and product links to your profile. The shopping tab is a new feature resulting from the partnership between TikTok and Shopify.

It helps TikTokers with Shopify stores market their products through the app by redirecting users to the merchant’s Shopify store after clicking a link. 

In addition to sending viewers to your store via tagging products in organic content, you can post your products on your profile regularly without any cost. You can still generate sales for your business without directly earning money on TikTok. 

You can promote your products by creating unique TikTok videos if you don’t have many followers. For example, if you own a restaurant, you can make 30-second video recipes and post them on TikTok. Be creative! 

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3. Grow and sell TikTok accounts

For some time now, people have been able to generate income by developing social media profiles and marketing them. Many businesses want to appear on TikTok but don’t have the time or resources to develop and promote a profile. Here’s a strategy to get them there quickly. You can create Tiktok accounts and sell them to earn money through this app. 

To successfully sell TikTok accounts, you must have more than just an extensive range of videos on your account. It is also necessary to have a focused message and a loyal following. Ramy Halloun, a 23-year-old entrepreneur, makes approximately $30,000 annually using this strategy.

To sell themed or “niche” accounts, you must maintain the same type of content on your account after the sale to keep your followers. It is much harder to sell personal TikTok accounts because followers might be more interested in the person than in the content. 

To know how to make money on TikTok and successfully sell TikTok accounts, you must establish a strong marketing strategy, engage with followers frequently, and help buyers gain more engagement with their newly purchased accounts.

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4. Publish sponsored posts

Figuring out how to make money on TikTok? You can earn money by creating sponsored content on TikTok. Brands approach you (or vice versa) to include their products in your video. You receive a payment in return for showing their products. Smaller companies may be willing to contribute to your portfolio if you reach out to them.

Get in touch with local businesses in your area to see if they would like to be featured on TikTok. It would be a good idea to charge a small initial fee and raise your rate as you gain popularity as a TikTok creator.

You must have more than 100,000 followers, be at least 18 years old, and have received over 100,000 video likes to approach brands. If you’re a new creator, focus on making imaginative TikTok videos so you can collaborate with brands and get some sponsorships.

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5. Go live and collect virtual gifts

TikTok’s live gifting feature is one of the platform’s most significant advantages for monetizing content through live streaming. Even though many social networks have live-streaming capabilities, TikTok is unique in that it allows users to express their appreciation by sending virtual gifts, which you can exchange for money at any moment.

Here are some pointers to help you know how to make money on TikTok through TikTok live broadcast: 

  • The Analytics tab indicates your audience’s activity level in your profile settings. Choose the best time to go live. It would help if you broadcast when your audience is online. 
  • It is essential to stay alive for as long as possible to allow as many users to view your broadcast. You can also post in real-time by uploading a video to your live broadcast. 
  • You can gain more followers by including hashtags in your videos.  
  • Make sure all of your equipment and your internet connection is functioning correctly.

Building valuable relationships with your fans by engaging with them in real-time is excellent. Going live can help boost other monetization streams because audiences strongly connected to creators tend to develop a personal stake in their success.

6. Start a TikTok Talent Management Agency

You might create a company that manages and consults on TikTok accounts for celebrities if you have experience in talent management, social media marketing, or production. Those who have risen to fame overnight would benefit from this service. It’s the same as actors employing their talent managers. 

How to get paid on TikTok? You can assist these celebrities by coordinating and managing their accounts. You can assist them by helping them identify collaborations with brands that match their image and fan interests, negotiate and arrange deals on their behalf, and provide them with direction in creating content to gain the most exposure and interest. 

7. Participate in Affiliate programs

To know how to make money on TikTok, you don’t have to sell your products and services on TikTok. You can use affiliate marketing to drive traffic to other products and services and profit when users click through to them by linking out. 

You can do this by placing an affiliate link in your profile or driving traffic to your Facebook, Twitter, or Pinterest profiles to post more affiliate links there. You can also paste coupons and URLs into your TikTok video descriptions. Users will have to copy and paste the link into their web browsers.

8. Promote songs

Musicians recognize the worth of having their music featured in videos on TikTok. Artists on TikTok lip-sync and dance to background music, and you can, too. How to get paid on TikTok by this? 

Musicians will pay you to advertise their music in your songs if you have a big enough audience and engagement. If your video goes viral, so does their song, which means more album sales, concert tickets, and merchandise. 

You can advertise your music by posting it on TikTok if you are a musician (or aspiring musician). Because TikTok is a place to sing and dance, publishing your beats is only logical. 

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9. Join TikTok’s creator fund

Are you still wondering how to make money on TikTok? TikTok rewards users for creating engaging content through its TikTok Creator Fund program. The more engagement your videos receive, the more TikTok pays you. 

If you’re a legal resident of the United States, 18 years or older, have over 100,000 views in the last 30 days, and post original content that complies with TikTok’s community standards, you may be eligible for the creator fund. 

The Creator Fund is a superb concept if you have already gained a following, but it can be exclusive, and you may not always receive a dependable payment. Even if you have joined the Creator Fund, it is still beneficial to have additional income streams. There are numerous other ways to monetize your account if you are starting.

The image shows the best time to post videos on TikTok:

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10. Become a Brand Ambassador

Being a brand ambassador is similar to creating sponsored content, but you post regularly rather than creating one post. You will likely receive payment and free products in exchange for posting a certain number of videos each week or month as a brand ambassador. The better your content performs, the better your brand ambassador deals. 

Look for brands you love to learn how to get paid on TikTok. You can find a company that helps you build your network, provides you with the gear you love, makes you money, and lets you have fun. 

Most businesses have ambassador application pages on their websites, so look for your favorite brands to see if they have any exciting offers.

11. Become a TikTok Consultant

TikTok is one of the most challenging platforms for many businesses to master. The channel’s trend changes rapidly and is unique. You can become an instant celebrity overnight and lose many of your followers. Due to this, TikTok consultants are in high demand. 

A TikTok consultant is a professional that companies pay to help expand their TikTok presence and boost traffic to their accounts. So if you are wondering how to make money on TikTok being a consultant? You can teach others how to make trend-worthy TikTok videos for a fee if you know how to make them. 

Monetizing your abilities and developing business relationships are excellent benefits of being a TikTok consultant. You’ll need to show your ability to get thousands or even millions of views for your videos. You’ll also need to understand how to leverage the app’s various features.

12. Partner with influencers in the TikTok Creator Marketplace

The creator marketplace on TikTok is one of the most exciting ways that creators can generate revenue. It helps brands and influencers connect fast and straightforwardly so that both parties can collaborate. The marketplace lists creators based on the kind of content they make and allows brands to quickly browse through and choose the right influencer for their campaign. 

The creator marketplace is an influencer agency that helps both sides to signal their interest in collaborating, reducing the awkwardness marketers may feel when using influencer marketing on other platforms. TikTok Creator Marketplace is the perfect answer to how to make money on TikTok.

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13. Create in-feed ads with TikTok ads manager

The TikTok ads manager enables you to make your in-feed ads to expand the reach of your material and advertise your business. There are a lot of organic marketing opportunities on TikTok, but if you’re willing to spend a little, you might want to utilize their ads manager to expand the reach of your content. The ads appear in users’ ‘For you’ feed and play like other TikTok videos. So how to get paid on TikTok using in-feed ads?

You can create in-feed picture ads to drive traffic to your website, e-commerce shop, or TikTok Shopping tab with TikTok ads. You might increase your TikTok following by running TopView ads, which are full-screen takeovers (full-screen takeovers), or you might use the platform to make money by promoting your products. 

You may also use TikTok to build an email list or send SMS messages. This approach can help keep your account from appearing overly sales-y while still being a significant revenue generator.

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14. Raise money through crowdfunding

Crowdfunding is another great option when considering how to make money on TikTok. Crowdfunding is an excellent choice for securing a consistent flow of income since it allows your audience to contribute without fuss. You invest a lot of effort into creating content for your fans, so providing an easy, hassle-free method for them to give back is lovely. 

There are several kinds of crowdfunding, depending on what sort of funding you’re looking for. You might invite your followers to contribute to your startup funding for a particular project by establishing a funding objective and holding live fundraising events. 

15. Start a Patreon

Crowdfunding is excellent for creating massive ventures, and tipping is a simple way to get money quickly—however, what if you need a consistent income stream? You might consider using a creator-funded subscription service such as Patreon

Creator-based subscription platforms are excellent for creating content, as you may keep subscription costs low and focus on increasing your number of followers. Even though it’s an easy sell to a single, dedicated fan, a one-dollar subscription is a bargain. 

If you have a lot of devoted followers, you may quickly accumulate a lot of dollars. The first large platform created to generate income by charging for memberships from their most loyal fans is Patreon. You can create membership tiers that offer exclusive content for your biggest supporters. 

Hopefully, these strategies helped you understand how to make money on TikTok easily with minimum effort. 

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How much money can you earn from TikTok?

Now that you know how to make money on TikTok, the next question is how much money can you make from TikTok. The amount of money you can earn from TikTok varies. 

Some of the world’s most prominent creators earn millions through the service each year. For example, the Digital Marketing Institute estimates that US creator Addison Rae has generated over $5 million from TikTok videos. 

The most popular creators might earn up to $10,000 per post. You can make as much as $80,000 through brand partnerships on TikTok. 

In other words, if you’re a prominent creator (with a sizable audience and a history of success on the platform) and know how to get paid on TikTok, you can earn enough money from a single video to buy a fancy automobile. 

Every 1,000 views on TikTok will earn you between 2 and 4 cents, which means you may expect to make between $20 and $40 after reaching one million views. 

Because most of your videos won’t earn you significant income directly through TikTok, pursuing multiple revenue streams, including partnerships and merchandise, is essential. Using a TikTok monetary calculator, you can estimate your future income.

How many TikTok followers do you need to earn money?

Two essential questions are how to make money on TikTok and how many followers you need to get paid on TikTok. You can make money on TikTok with as little as 1,000 followers, but you need to find brands ready to sponsor your content. The terms micro-influencer and nano influencer refer to those with between 50,000 and 150,000 followers and those with less than 50,000, respectively. 

You can engage with your audience in live videos to become a fan favorite and earn gifts or make money by supporting your favorite creators. If a creator receives a gift on TikTok, it is converted into a diamond on their profile. 

You can trade your diamonds for cash and withdraw the funds through PayPal or another supported payment service once you have enough. You can withdraw up to $1,000 per week through TikTok. 

However, you must meet a minimum follower requirement and have at least 100,000 video views in the last 30 days if you want to make money directly from TikTok Creator Fund.

Tips for making money on TikTok

The TikTok experience is quite diverse. What appeals to one demographic may not connect with another. Your content should reflect your audience’s interests to help you know how to get paid on TikTok and start making money on the platform. There are some common characteristics of TikTok content that likely resonate with users:

  • Be authentic: Being authentic makes the most popular TikTokers so appealing. Whether dancers, comedians, or philosophers, they all seek to express themselves honestly.
  • Be transparent: It’s always better to be safe than sorry when posting sponsored content and disclosing when you receive free stuff. The rules are unclear in this regard, but always play it safe.
  • Engage with the audience: TikTok provides a variety of ways to connect with your audience, including Q&A, duets, and video replies to comments. Because TikTok users prefer a more personal approach, make sure to interact with these elements frequently.
  • Post regularly: By consistently creating content, you can keep your followers thinking about you, enhance the value of your content in TikTok’s eyes, and increase the chances that you will go viral and grow your audience.

When it comes to TikTok, there is no one-size-fits-all strategy, but understanding your audience better may help you figure out how to get paid on TikTok.

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Wrapping Up

Creating content that people love is the key to earning money on TikTok. The Creator Fund, posting sponsored content, and selling products to your audience are all ways to monetize your channel. The tips above can help you understand how to get paid on TikTok successfully. 

The best way to grow your audience is to choose a niche and post original content that addresses your audience’s needs and desires. Creating content tailored to your audience is the fastest way to increase your audience. Posting engaging content is essential because your audience wants to be entertained. 

To stay current on popular sounds, experiment with them. Post frequently and interact with your audience. If you do so, you will be earning money on TikTok in no time.

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Business

How To Start A Digital Marketing Agency + 5 Best Agencies

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Digital Marketing Agency

So you’ve decided to take the plunge and establish your digital marketing agency. That’s Wonderful!

You must, however, do it properly if you are to succeed. Many would-be digital marketing agency entrepreneurs begin with lofty goals only to see them fade away after a few months.

Advanced AI algorithms can now predict every risk you can face when creating a digital marketing agency – this can be a lifesaver for your business.

Only skilled individuals and a small team can build a perfectly sustainable digital marketing agency from the ground up using the correct technologies.

The digital economy is booming, and everyone wants a slice of that pie. This article provides a practical, in-depth look at creating a digital marketing agency.

Prepare to dive in if you’re ready to make your ideal digital marketing agency a financial reality.

Build your skills 

Before you get started, you should educate yourself and learn as much as you can about digital marketing for agencies. 

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You may improve your digital skills and grow your career with online courses and tools from reputable institutions. It would be helpful if you had a good understanding of the industry. Invest your time and money in learning as a result.

You’ll need to know the basics of PPC (pay-per-click marketing), SEO (search engine optimization), email marketing campaigns, and creating funnels. Graphic design and content marketing are equally important skills to have.

Choose a specialization

Finding your digital marketing agency specialty is essential to stand out because of the fierce competition. When a smaller group of people are interested in what you have to offer, you may concentrate on them.

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The field of digital marketing is incredibly vast and consists of:

  • Web development and design
  • SEO Services
  • UX/UI Services
  • PPC Services 
  • Content marketing
  • Social media marketing 
  • Email marketing services
  • Boosting conversions

The most successful digital marketing agency chooses one specialization and excels at it (particularly the most successful small firms). That only represents the shortlist. So, despite the temptation to provide these services, refrain from doing so.

Keep in mind that your current objective is to rely on your skills and keep your costs low. There is a good probability that you’ll lose your way in the process if you attempt to go full-service immediately.

Market research

Considered your position in the competition before establishing any business. You’ll be able to outperform your competition once you have a thorough understanding of your rivals.

You should use the same keyword phrases your company would use to conduct competitor analysis. Reduce the number of rivals you face to 10 to 15.

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Once you’ve identified your rivals, look into their revenue streams (obtaining their money). Then, you may discover their strategies and what works for them.

Make profiles of your target clients

It would be like trying to drive with your eyes closed to try and offer your services without knowing who your target client is. Because of this, you should concentrate on determining your potential customers’ niche.

A client profile is an in-depth description of your target market; it is not an assumption but based on factual information.

But let’s begin with a recommendation for finding the ideal clientele for your digital marketing agency:

It is now your responsibility to comprehend their difficulties and explain how the solutions provided by your company would address them.

SWOT evaluation

The easiest way to accomplish that is to thoroughly analyze your digital marketing agency’s SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis.

It is one of the simplest ways to examine all internal and external factors that may impact your marketing agency’s success in the future and support goal-setting.

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You can greatly improve the clarity of your planning and testing procedures by including SWOT analysis in your strategy. It comes together quickly, is simple to use as a tool, and offers a fantastic foundation for conversations.

Market potential

The market potential is the overall demand for a service in a specific commercial setting.

If you were planning to create a book about marketing, for instance, you would look at all the books that have been written about marketing and the sales they have. That is the size of your market.

Figuring out the genuine values is highly difficult, so you must employ a variety of approaches and conduct extensive research.

Analyzing the data from the past five years of digital marketing can help calculate the market growth rate. You can find the information you need on several trustworthy websites. 

Even newspapers occasionally do regular analyses of the expanding industries and by what percentage.

Develop a business plan

You can establish a digital marketing agency in numerous ways. Over time, how well you run your business depends on the services you offer and the way you charge for your services.

Here are the methods that are most frequently used to charge clients:

Hourly Billing

Many consultants choose to charge their clients per hour. This is because they spend much time talking to clients one-on-one, either on the phone or in person. With longer and more complicated service offerings, this billing model gets murky.

Hours spent on digital marketing for a client can fluctuate over time; this is usual. Setting up and launching new campaigns or promotions, reorganizing accounts, time spent on calls, and keeping something working for them are just a few of the variables at play.

Flat Retainer

The flat retainer fee plan is the most straightforward. You decide on a set monthly cost after determining how much the work and effort for a particular client are worth.

In addition to being straightforward, it also makes it easier to send out invoices by removing any obstacles. The client is fully aware of the cost and will have no trouble making the payment if you live up to their expectations.

Commission based billing

Agencies frequently employ this one to outdo rivals in the marketplace. Essentially, they are compensated when a sale is profitable for the client.

Because you want to establish a client’s trust by showing them that you will do everything you can to ensure they succeed, this initially sounds alluring. 

People who have had negative experiences with agencies frequently mention how much they paid for services only to receive no outcomes or return on investment. An experienced client may find a gun-for-hire strategy like this to be incredibly alluring.

This model’s drawback is that it will be very challenging to bill clients unless you have extensive knowledge of the client’s operational side of their business.

Percentage of spending

Due to its consideration of the client’s capacity for growth and scalability, this price model is particularly well-liked by agencies. When agencies reach a particular level of maturity, they will decline clients with little or no prior spending.

When you first start, this might not be the ideal choice because you’ll want to expand your network, but with time, you’ll understand that having a larger clientele is far more advantageous to you for various reasons.

The drawback is that numerous internal business aspects will determine the budget if you run your company entirely on a percentage of expenditure basis.

Business registration

Before announcing your digital marketing agency, it’s time to tackle the following phases. To do this, you should:

  • Select a name for your company
  • Register your domain name
  • Create a logo for your business
  • Register your company’s legal entity with the authorities
  • Obtain a toll-free number
  • Find a CPA and an auditor
  • Hire a lawyer
  • Make business cards

Even if you don’t need every item right away, it’s important to do this right away and put everything together.

Make your online presence known

Creating a website for your company is the first realistic action thing on the agenda to help you develop your web presence. Ensure that your website reflects your brand because it serves as an introduction to your digital marketing agency.

Your website must have a professional appearance and include all the details necessary for potential customers to decide whether to work with your business.

Be sure to include information about the advantages clients will experience if they choose to work with you, who you are, and what you do. Make them the focal point of your website rather than yourself.

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Make sure you have landing pages for each of your services and make it simple for potential customers to contact you without overwhelming them with questions or filling out lengthy signup forms.

To focus on the leads with the best potential to become customers, you should gather as many leads as you can.

In addition to building a website, you should secure your brand name on all major social media platforms (such as Facebook, LinkedIn, Twitter, Instagram, etc.) and establish company pages.

Avoid skipping this step because prospective customers may check your Facebook page and learn more about your business before hiring, so you need to ensure everything seems clean and professional.

Demonstrate your skills and knowledge

Being able to persuade potential clients to work with you is crucial. The easiest approach to do this is to show off your knowledge and skills.

  • An “about us” page 
  • Success stories
  • Case studies
  • Academic credentials
  • Prior employment
  • Customer reviews
  • Partnership agreements
  • Certifications
  • Website mentions

Understandably, some of the items mentioned above may not apply to you if you are just starting now and lack expertise, but keep them on your to-do list and work to complete them gradually.

Use the outcomes of your efforts on your websites and use them as case studies on your company website. Consider posting as a guest on a few trustworthy websites, and mention it on your homepage.

Select the proper tools

You will eventually require a wide range of tools to manage your digital marketing agency effectively. In fact, after paying personnel, purchasing licensing for tools will be your second-largest expense.

Creating customer reports, billing, accounting, and many other tasks will require the use of tools that you’ll need to enhance your digital marketing efforts.

There are many tools available, but you should choose ones that offer capabilities you’ll use rather than those that are good. Purchasing software features that a company will never utilize is typical, so make an informed decision.

Some marketing tools like SEMrush, Ahrefs, Hubspot, or Moz can help you. These systems provide features that can assist you in managing PPC campaigns, social media marketing, SEO, and content marketing for your digital marketing agency.

Start a blog dedicated to digital marketing

You should carve out some time to launch your blog while working on your first client. A digital marketing agency’s most successful lead generation strategy is an informative blog.

You don’t need to “market yourself” when customers find you on Google search because they already know you can rank websites high, which greatly facilitates the signup process.

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When writing blog posts, attempt to focus on keywords that potential customers would use to search for the kind of services you are currently providing; that way, you’ll attract potential clients.

Your blog’s growth should precede all other considerations because it will help your digital marketing agency develop. You’ll be able to establish your company’s growth more quickly if you are not dependent on advertising.

Assemble a digital marketing team

It indicates that your business is established, profitable, and has proper procedures when you reach the point where you need to hire additional staff.

The following tips will assist you in this process:

  • Initiate by employing individuals for simple tasks. Inform your staff of your expectations and ensure all procedures are documented. Update and make useful the processes you created in the previous stage by refining them.
  • Start by hiring freelancers rather than full-time staff members; this will reduce your expenses and provide you with more flexibility. You can employ the extra assistance as needed and for each assignment.
  • The easiest method to determine whether a freelancer is a suitable fit for your team is to recruit them for a pilot project before moving through with a full-time job because it’s not always simple to comprehend a freelancer’s abilities. 

This will help you avoid wasting money and time by hiring the incorrect personnel. It can be difficult to replace yourself with fresh employees, and many proprietors of digital marketing agencies first struggled to do so.

Top 5 Digital Marketing Agencies In The US

How can you know which agency genuinely delivers on what it promises when there are over 25000+ digital marketing agencies in the USA today? Choosing the right digital marketing agency for you can take some time.

We compiled a list of the USA’s top 5 digital marketing agencies.

1. Performics

Performics claimed to be one of the initial performance marketing companies and was founded in 1998. They were innovators in the fields of search marketing and affiliate networking.

They have a specialty in linking marketing expenditures to consumer intent. They established Growth Solutions to promote innovation.

They are set up to serve clients from various markets at scale on a worldwide scale. Publicis Groupe’s performance marketing agency, Performics, was founded by DoubleClick and acquired by Google.

2. Silverback Strategies

Neil Walsh founded Silverback Strategies. Silverback Strategies is a top-performing digital marketing agency in Alexandria.

They have been included on the Inc. 5000 list of the fastest-growing private companies in the US for more than four years, and they most recently received accolades for having the finest workplaces from Ad Age, Washingtonian Magazine, and The Washington Business Journal.

The Silverback Strategies draws on their knowledge to develop growth-oriented plans for their clients.

Their multi-award-winning culture creates a collaborative atmosphere where performance marketing specialists, creators, and developers produce cutting-edge campaigns that increase traffic, leads, and revenue.

3. Ignite Visibility

Ignite Visibility, a premium full-service digital marketing agency in San Diego, California, was established in 2013 by co-founders John Lincoln and Krish Coughran. They aim to deliver financial outcomes, a high-touch client experience, and the industry’s most effective digital marketing solutions.

One of the USA’s most successful digital marketing companies is Ignite Visibility. Some of the most recognizable brands in the world have collaborated with them.

They currently employ 90 full-time staff members, 100 or more contractors, and 160 or more clients and are recognized as one of the top digital marketing companies in the USA. 

4. Thrive 

Since its founding in 2005, Thrive has become one of Los Angeles’ top digital marketing agency. The company is now based in Arlington, Texas, which was once known as MLB Web Design.

Furthermore, they have additional locations in Texas, Florida, Minnesota, New York, California, and other states. Hong Kong, Germany, and the United States of America are just a few of the countries from which Thrive has worked with clients.

Thrive has evolved into a complete digital marketing agency with a specialized, close-knit team of experts in all areas of digital development, including strategic, creative, and technical.

5. Smart Sites

Alex and Michael Melen, brothers who grew up loving all things digital, launched SmartSites. SmartSites immediately rose to the top of the list of the USA’s fastest-growing digital marketing agency thanks to a creative vision and much effort.

Since their launch in 2011, their unwavering dedication to their customers has earned them over 100 5-star reviews. Smart Sites is a Facebook Marketing Partner and a Google Premier Partner. It is a three-time fastest-growing digital marketing agency on the Inc 5000 list (2017–2019).

Conclusion

Owning your own business involves many ups and downs, and you must be able to handle them to reap the rewards.

You must approach it as a dramatic life event because it is one. Don’t drag yourself along if you know early on that you aren’t up for the task you have set for yourself.

You won’t succeed if you decide anything but don’t firmly believe in it. You must make a decision. After doing that, you might realize how gratifying owning your digital marketing company is.

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Business Ideas

72 Best Side Hustle From Home You Could Start Today

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Side Hustle From Home

Working from home has provided an ideal setting for anyone looking to supplement their income with a side hustle from home. There are dozens of side hustles from home that can help you earn a fair amount of money during your downtime, depending on your individual needs and skills.

Short-term gigs that provide immediate extra cash to longer-term initiatives with the potential to blossom into a full-fledged small business are proven ways that people have created considerable revenue for themselves.

This article will examine various side hustle from home ideas you may start right now and some factors to consider while evaluating the perfect side hustle for you.

1. Sell Stock images

If you have a photographic eye, you can make money by photographing scenes around your home.

Shutterstock, for example, needs stock photographs of nearly everything. You may photograph yourself making a meal, lazing at home, or your children playing with toys, and then sell those photographs for money, making this an excellent side hustle from home.

You could also open a business on Shopify or Etsy and sell mass stock images in any niche.

2. You Can Rent Out Your Home

You don’t have to locate a new place to live because you can rent out parts of your property for various uses.

Photographers and film crews will pay by the hour to hire out your home and will be gone by the end of the day. You can rent out underutilized storage space, parking spots, and common areas for dinner parties and other gatherings.

Whether you decide to market your property on Airbnb or explore hiring a roommate to sign a year-long lease to help pay off your mortgage, becoming a landlord is one of the most lucrative side hustle from home options available.

3. Create and sell educational material

If you know a high-demand field, there are undoubtedly individuals eager to pay for it.

Make a product that teaches someone how to accomplish something worthwhile. This can range from a single ebook to a complete educational course.

4. Teach Cooking Classes Online

Consider offering an online cooking course for extra money as a side hustle from home if you have kitchen expertise.

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Some websites offer a variety of online culinary experiences from around the world. Online cooking workshops, mixology classes, virtual wine tastings, virtual whiskey tastings, and online coffee classes are just a few options.

5. Design Templates that you can sell

For individuals with artistic talent, this might be a profitable side business.

You can make a document, website, and graphic templates and sell them to companies like Canva and Wix. They’re always on the lookout for new designs, and all you’ll need is a computer to get started. You can also create an Etsy shop and sell the templates there.

You can charge a good price for each download and operate this side hustle from home, whether a geometry study guide or a financial planning spreadsheet.

6. Working as a Virtual Assistant

You can earn $60 per hour by working as a virtual assistant.

Your duties as a virtual assistant can include meeting scheduling, research, documentation, hotel, and travel booking, among other responsibilities.

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You can find virtual assistant jobs on websites like CloudPeeps and Upwork.

Another method is to directly pitch to business owners via email or social media, emphasizing the need for virtual assistants.

7. Create a course

Create an online course using a platform like Udemy, Coursera, or Teachable, and use some of your skills to earn additional money.

You could generate a significant side money stream by designing courses that offer tremendous value to the individual buying the class, depending on how much time you invest in them.

8. Teach English on the Internet

You might explore a side hustle from home teaching English online if you have any teaching expertise – or even if you don’t.

Hundreds of families worldwide are looking for native English speakers to virtual tutor their children. Some websites can assist you in finding jobs, but most require you to have at least some teaching experience.

However, a select handful will hire practically anyone who applies.

9. Become an Evaluator for Search Engines

Search engine evaluation is a profitable side hustle from home. It’s an excellent side gig because it requires no specific skills and is relatively flexible.

Evaluators of search engine results employ a set of rules to identify the user’s search intent.

One of the nicest parts about this flexible side job is that you may log on and work whenever you choose, as long as you finish your hours at the end of each workweek.

You complete all of your work from the comfort of your own home. As a result, it’s a terrific career for stay-at-home parents or those looking to supplement their income.

10. Proofreading Gigs

If you get annoyed when people use the wrong verb tense or can’t tell the difference between their/there/they’re, proofreading could be a good side hustle from home.

Bloggers, content writers, website owners, and others hire proofreaders to edit their written content.

Proofreading is a great side hustle because it is both flexible and lucrative. Proofreading is such a lucrative side hustle that Caitlin Pyle of Proofread Anywhere quit her day job to pursue it and then used her knowledge to build a complete proofreading side hustle program.

You can find freelance gigs on Upwork, Freelancer, Indeed, and several company websites. 

11. Work as a Transcriptionist

Working as a transcriptionist is a popular side hustle from home.

Audio files are transcribed into text documents by transcriptionists. They pay close attention and write down what they hear. Legal and medical transcribing are two areas where transcriptionists specialize. 

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They could do general transcription tasks such as podcast transcription, interview transcription, web conference transcription, lecture transcription, or instructional video transcription.

All transcriptionists must type what they hear and then double-check for accuracy. For legal or medical transcriptionists, accuracy is crucial. TranscribeMe, Quicktate, and Transcribe Anywhere are excellent places to look for transcription work.

This side job is popular because it’s home-based, has low startup costs (apart from good headphones), and pays $15-$30 per hour. 

12. Sell services on Fiverr

The Gig Economy was made possible by Fiverr. Although services begin at $5, some Fiverr vendors earn six figures or more yearly.

On this platform, you can sell almost anything, but to thrive and become a Super Seller, you must provide tremendous value, even at lower price points.

13. Advertise small companies on Facebook

Running advertisements for small businesses is digital marketing via Facebook, which remains one of the most effective online venues for small businesses to improve traffic and visibility.

You can earn roughly $1,000-$1,500 per month/client with just a few hours of labor per week.

Because Facebook has a tremendous reach that small company owners are now beginning to tap into, this is hands down the best side hustle from home.

14. Deliver Food

Delivering with PostMates is another fantastic way to supplement your income. You can work whenever you choose, just like with Uber and Lyft. While the salary isn’t great, you do have the opportunity to earn tips. 

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If you live in a high-traffic region like Los Angeles or New York City, this is a terrific way to earn some extra income without quitting your day job, and you don’t even need a car.

15. Create a blog

Another side hustle from home or anyplace else in the world is blogging. It allows you to create your brand while still owning an asset.

You can even write about your hobbies and interests. Starting a blog in any niche you understand allows you to connect with people with similar interests.

Starting a blog has never been easier with multiple hosting services like Bluehost and Flywheel, with 24-hour customer services and an easy user interface suitable for beginners. 

Some common niches for establishing a part-time blog include yoga, business, beauty, and automobiles. Adding affiliate links to your blogs or linking to your online store where you sell dropshipping products are two methods to make money blogging.

You can also employ email marketing, and tools like Active Campaign can help you automate the process and better reach your audience.

16. Participate in online surveys

This isn’t the most successful side business, but it’s worth mentioning because it’s one of the most straightforward ways to supplement your income.

Taking online surveys provides companies with vital market research, and there are a plethora of trustworthy survey sites to choose from.

Survey Junkie and Branded Surveys are two prominent websites. It’s free to sign up and use, and you’ll be compensated in points that you can exchange for PayPal cash, gift cards, or bank transfers.

Survey Junkie pays anything from $1 to $3 for every survey. Signing up with Survey Junkie is free, and you’ll be matched with surveys right away based on the demographic information you supply during the sign-up process.

You earn points you can redeem every survey for PayPal cash, bank transfers, or online gift cards.

17. Get paid to go shopping for groceries

One of the fastest-growing side hustle from home is getting paid to shop for groceries, and Instacart and Shipt are two of the best on-demand grocery services.

Both allow you to choose your hours and offer relatively low requirements for shopping, requiring that you be 18 years old, have a clean driving and criminal record, and have access to a car and smartphone.

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Instacart customers are compensated based on the number of items they purchase in a single order. The remuneration for each order varies and is determined by the order’s size and difficulty. The tips are always kept in full by the shoppers.

Shipt is owned by Target and has significantly fewer locations than Instacart around the United States, although it’s rapidly expanding. A commission of $5 + 7.5% of the order total is paid to Shipt shoppers for each order.

18. Sell printables on Etsy

Etsy, founded in 2005, has become the go-to platform for all things creative. It’s developed into a large store with over $3 billion in sales in 2021, and printables are one of the most popular things to offer on Etsy these days.

Examples of printables include:

  • Printable planners
  • Calendars
  • Business cards
  • Templates
  • Stickers
  • Bookmarks
  • Trackers
  • Wall art

Because the printables are digital files, you only need to make the product once and then sell it unlimited times without incurring any further costs. Furthermore, there is no need to keep or send actual goods.

19. Flip furniture

You’ve probably seen furniture on the curb in your area. The issue is that much of it is sturdy and only requires a fresh coat of paint or new hardware.

You can flip your old furniture for a small profit; try Goodwill, other thrift stores, Craigslist, and garage sales, as they are good places to look for inventory. The goal is to keep your expenses as low as possible so that you may maximize your profits.

20. Walk dogs Or Pet Sitting

Rover connects pet owners with local dog walkers and pet caregivers. This side hustle from home requires a love of animals.

The pay is different depending on where you live. If you live in a city, you’ll be paid more, around $25 per walk or $70 for an overnight stay. Rover can assist you in locating customers, but you can also advertise your services on social media. Referrals are extremely valuable in this business side because trust is important.

21. Rent out your vehicle

If you enjoy the concept of Airbnb, did you know that you can do the same with your car on HyreCar?

HyreCar is a peer-to-peer rental platform that allows you to market your car, specify the available times, and rent it out to prescreened consumers. Don’t worry; HyreCar provides up to $1,000,000 in liability insurance and theft and physical damage coverage.

HyreCar takes a 15% to 25% fee on most of the cars featured on the site. If you don’t drive as much these days, this is a wonderful side income to help offset the cost of your car payment.

22. Housesit 

House sitting entails a great deal of responsibility (you’re looking after someone’s home and possibly their pets while they’re away from town), but it’s still a relatively simple side hustle. 

You can earn anywhere from $25 to $50 per day while housesitting, and you can also do other side jobs.

23. Cashback Options As A Side Hustle From Home

Why not make money on your purchases if you’re already out shopping? 

Because people shop online all the time, this is an excellent side hustle from home. Cashback options allow you to earn money back, and while it isn’t “work,” it is a terrific way to earn back some extra cash.

The following are some of the best cashback apps:

Ibotta: You can get money back when you shop online, in stores, or on your phone with Ibotta.

GetUpside: Earn cash back on petrol, groceries, and restaurant purchases with GetUpside. With GetUpside, you may get up to $0.25 on every gallon of gas you buy.

24. Part-time jobs

Although side hustles are notoriously adaptable, who’s to say that a standard part-time job won’t suffice?

Some of the top part-time occupations include:

  • Working as a waitress
  • Bartending
  • Working at a gym’s front desk
  • Customer service representative.
  • Work as a barista 
  • Local museums, theatres, and zoos
  • An attendant in a golf shop

One method to approach part-time employment is to consider what you enjoy doing or what the job’s rewards may be. Working in a golf shop, for example, may entitle you to discounts on equipment or tee hours.

25. Rent your pool

Pools can be a benefit and a liability for homeowners. There is a lot of care and maintenance, and it may become a major hassle if you don’t use your pool very often.

Swimply was created with this goal in mind. This internet platform allows pool owners to rent out their pool for extra income and to cover operating costs making it the perfect side hustle from home.

Swimply takes 15% of all rentals, so if you list your pool for $50/hour – reasonable pricing — and someone rents it for 2 hours, Swimply receives $15 and earns $85.

26. Run Instragram & Tiktok ads for businesses

If you’re a marketing wizard, look for brands that aren’t communicating with Gen-Z on social media. To start, offer a freebie and work up to $1,000 per month or more without devoting much of your time. You can start running ads for businesses on your Instagram account. 

27. Become a bookkeeper

Bookkeepers record a business’s daily financial transactions, and accountants interpret the transactions. A bookkeeper’s responsibilities include:

  • Collecting money
  • Maintaining financial records 
  • Validating the accuracy of documents and transactions
  • Organize your payroll
  • Expenses and reimbursed

Accountants do tasks such as analyzing data, preparing tax paperwork, and preparing financial forecasts. This distinction makes bookkeeping a low-cost company that can be started with little or no experience.

Freelance bookkeepers can make between $30 and $40 per hour, and many can work from home.

28. Clean houses as a side hustle from home

Cleaning houses pay unexpectedly well if you work for yourself, even if it isn’t the most enjoyable option of side hustle from home. House cleaners can earn $20 to $50 per hour, and you can advertise your services on Care or share your name and services with friends and family.

As you gain your clients’ trust, they’ll begin to refer you to their friends and colleagues, allowing you to expand your business.

29. Work as a social media manager 

This is a fantastic side hustle from home because corporations and companies require someone to manage their social media presence.

New social media managers can work for bloggers, social media influencers, or small businesses. The role entails:

  • Creating accounts
  • Creating and scheduling posts
  • Responding to feedback
  • Creating visuals
  • Developing reporting and evaluating data about traffic, reach, and engagement.
  • Creating advertisements
  • Keeping the brand consistent

Work will vary from customer to client, and you will be able to improve your talents as you go. New social media managers can earn anywhere from $15 to $40 per hour depending on their services, while experienced ones can earn up to $150 per hour.

30. Write an ebook

Creating an ebook and printing a print-on-demand paperback to accompany it is a great side hustle from home.

You can create and sell an ebook that costs nothing to produce and a paperback that only makes you money when it sells using Amazon’s KDP and CreateSpace platforms.

31. Sell online lesson plans 

The reality is that many children worldwide are now learning remotely, which means that teachers and students are searching for innovative ways to keep their children engaged.

If you’re a teacher who has come up with some unique lesson plans or handouts, you could try selling them on Teachers Pay Teachers. There are now many distance learning materials on the site and lessons categorized by subject and grade level.

Because you’re not making and sending out each item you sell, this might become a successful side hustle from home, similar to other passive income streams that entail selling digital things.

32. Create a YouTube channel

Although it isn’t the quickest option to get money, creating YouTube videos can help you earn a decent amount of money if what you give is entertaining and keeps people interested for a long time.

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Free tutorials can also upsell visitors on your products and services.

Making money on YouTube is similar to the beginning and monetizing a blog: you need to pick a topic and expand your audience, and you can earn money through advertising, affiliate marketing, sponsored content, and selling branded items.

33. Freelance content writer

You can undertake freelance writing and earn good money if your writing skills are good. Freelance writing is a broad term that can refer to a variety of jobs, such as:

  • Blog posts
  • Newsletters
  • Sales Pages
  • Resumes
  • Ghost Writing
  • Technical Writing
  • Catalogs

It takes time to create your portfolio and business, but freelance writers can earn an average of $1,000 to $5,000 per month. Advertise your services on platforms like Freelancer and Upwork.

34. Real-estate investment

This side hustle from home will require a considerably more significant initial financial investment, but it can be a very profitable option. Here are a few options for getting into real estate:

Crowdstreet: Accredited investors can start earning passive income through Crowdstreet’s vetted real rate deals. A $25,000 minimum is required.

Fundrise: You can start investing in commercial and residential developments for as low as $10.

35. Provide childcare

There are a few different ways to generate money by providing childcare. Some options include working as an evening babysitter, a regular nanny, or starting an in-home childcare service. Create an account on Care and offer your services there to get started.

Last, you may require a special license, so check with your state’s Department of Health and Senior Services to see what they are. To discover families, you can list these services online or use word-of-mouth.

36. Start a landscaping side hustle from home

Several people are willing to pay a lot to keep their yards in good shape. This is a very physical and hands-on side business that might involve services such as:

  • Mowing
  • Weeding
  • Pruning the shrubs
  • Edging
  • Leaves raking
  • Planting
  • Gutter cleaning
  • Snow shoveling

Local Facebook groups are a fantastic location to advertise your services, and you can also distribute fliers throughout the neighborhood and share your contact information with friends and relatives who are ready to share it.

37. Launch your podcast

Podcasting has increased in popularity to discuss current events, society, history, science, and just about anything else, making it an ideal side hustle from home.

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You’ll require hosting services to get your podcast on platforms like Spotify and iTunes. You’ll need a microphone, an idea, and a little time to choose a podcast hosting provider. BuzzSprout and Spreaker, for example, offer free choices to get you started.

38. Become a mobile notary

The criteria for becoming a notary differ by state. You’ll have to fill out an application and pay a filing fee, but it could also include a training course, a background check, an exam, and the purchase of a surety bond.

Working as a mobile notary is a versatile side hustle from home on this list. You work when you wish and go around notarizing documents at people’s homes.

39. Get paid to watch videos

This isn’t the most lucrative side hustle from home, but it’s a quick and easy method to supplement your income. You should expect to make less than $1/hour watching videos, but consider it a side hustle that can run in the background while you work on other projects.

If you want to learn more, here are a few sites to look into:

MyPoints: Earn money by watching movies, taking surveys, playing games, and more with MyPoints. By signing up today, new users will receive a $10 incentive.

InboxDollars: You can make money viewing videos, playing games, and conducting online surveys with InboxDollars. A $5 sign-up bonus is available to new users.

Swagbucks: Earn money by watching movies, taking surveys, shopping online, and more with Swagbucks. There is a $10 sign-up incentive available for new users.

40. Sewing as a side hustle from home

If you have basic to advanced sewing abilities, you could monetize them and make money by altering clothes, making t-shirt quilts, finishing quilts, performing repairs, and more, making it a perfect side hustle from home.

More and more people are attempting to avoid quick fashion and use their items for as long as possible, and you may assist them by repairing clothing while also earning some extra cash. Share your services on social media or list them on NextDoor.

41. Write & review resumes

People are prepared to pay to have their resumes evaluated or written since a good CV can make the difference between getting a good job and not getting one.

At the very least, you can make roughly $20/hour, but some professionals make six figures a year doing this full-time.

42. Try clinical research trials

Pharmaceutical companies need human volunteers to test new treatments, and you can earn a few hundred to a few thousand dollars by participating. Some trials look for patients with specific ailments or diseases, but many others require healthy adults to participate.

To find trials near you, go to ClinicalTrials.gov, which the National Institutes of Health run.

43. Promote businesses on your car

You could earn an extra $100 per month by advertising your car with Carvertise if you have a 2008 model year or newer automobile and drive at least 30 miles daily. This company wraps your car in professionally designed advertising to increase brand awareness.

44. Sell old devices 

Decluttr is a business that buys moderately used devices and refurbishes them before reselling them. They purchase Tablets, PCs, smartphones, video gaming consoles, and even Legos and textbooks on this site.

The procedure is simple: search their database for the item you wish to sell (for some things, you may use the app’s barcode scanner) and see if you agree to sell at the suggested price. 

Decluttr will provide you with a prepaid printing label so you may ship your item to them once you agree to sell. After Decluttr receives your stuff, payments are handled the next day.

45. Monetize your Instagram account

Using effective hashtags and creating compelling content can help you grow a large social media following. You can start making money by monetizing Instagram posts and bringing on advertisements after you have more than 10,000 followers.

Anyone can start a side hustle from home by becoming an influencer on Instagram. It’s fine if you don’t like being in the spotlight. You can use Instagram to establish a following for your dog or your photos.

Sponsored posts, Instagram takeovers, and selling a product on your website are all ways to monetize your Instagram account.

46. Work as a freelance makeup artist

You can make additional cash by applying makeup to people before big events. This is an excellent side hustle from home as you can have clients come to your house, and you can do their makeup.

It is a trendy field, and if you are good at makeup, you should try it. You can advertise your services on social media and on local Facebook groups.

47. Teach yoga

Working as a part-time yoga teacher after becoming certified is an excellent supplement to your income. You can have clients come to your home or use your garage as a studio. 

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You can also make money teaching yoga online by filming your lessons and uploading them to YouTube.

48. Rent out storage space

Do you have a lot of unused storage space, whether it’s a shed in the backyard or a bonus room in your house? Rent it out for a little monthly charge to make some money.

49. Sell handmade soaps as a side hustle from home

Many people on social media create their products – including handmade soaps. This is an excellent side hustle from home because you can make soaps or other toiletries in your home. 

You can find various resources online and in shops to help you get started. You can purchase a soap-making kit from a local craft store and make sweet-scented soap bars to sell.

You can market your products in local shops, social media, and local Facebook ad groups. Apart from that, you can sell your products on Etsy. 

50. Work as a travel agent

Many people want to go on COVID-free vacations, so make that your specialty.

You can work as a travel agent from the comfort of your home. Basic computer, organizational, and planning skills are required.

51. Buy and sell domains

Buying and selling domains online is another wonderful side hustle from home.

As a completely remote side hustle, you can purchase domain names for a low price, build them up, and then sell them for profit. Few domain names can be sold for six figures, so becoming a millionaire overnight is unlikely.

It is reasonable if you are considering launching a side business where you buy domain names and sell them for a profit.

Flipping domains is never an easy task. In truth, it’s a time-consuming procedure that requires you to invest time and effort into acquiring good domain names before actively seeking out potential buyers.

52. Edit videos from home

It’s no secret that YouTube and online content makers have taken over the entertainment industry. Several online content makers hire video editors to assist them in their work.

You can start a video editing side hustle from home and market your services to local businesses if you’re an expert with digital editing software.

53. Sell used items on eBay

Rather than donating or trashing old objects, such as the out-of-date light fixture you replaced in the dining room, try selling them first on eBay or using an app like Mercari. 

You never know who could be looking for something antique, and you can carry on with this side hustle from home. 

54. Design and sell t-shirts online

Another side hustle from home you can pursue is designing and selling them on platforms like RedBubble

It’s a relatively successful side hustle, and you can advertise your shop on social media. 

55. Sell Cricut-made custom items

With the Cricut smart cutting machine, you can effortlessly create just about anything, including candles, centerpieces, party invitations, totes, wall art, and so much more, which may quickly turn into a lucrative side hustle from home.

56. Help shovel snow

Starting a snow shoveling service in your neighborhood if you live in a particularly snowy area might quickly bring you much business—and extra cash.

57. Data entry

Data entry jobs are the greatest side hustle from home if you want to make money online and work from home.

According to Indeed, the average hourly compensation for a data entry independent contractor is $16 per hour, which is higher than the state minimum wage in most states, but experienced employees can earn $20 per hour or more.

You can find data entry jobs on platforms like Flexjobs, We Work Remotely, Upwork, and Working Solutions

58. Become a hired wedding officiant

Starting a wedding planning side hustle from home in 2022 might be a lucrative business idea if you have the necessary talents and contacts.

59. Become a personal trainer

Find customers you can assist in achieving their weight reduction or fitness goals. Make diet plans or training programs, and you may earn a respectable living for your efforts. 

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First and foremost, ensure that you have the appropriate fitness training credentials.

60. Bake goods and sell them

Baking can be a lucrative side hustle from home if it is your passion. As a fun side hustle idea, set up a booth at a local farmer’s market and sell freshly baked goods.

61. Get funding from Kickstarter for your inventions

Create a Kickstarter page for your fantastic side business concept; your money might be rolling in no time.

62. Join Rent-a-Friend

Rent-a-Friend allows you to choose your price for a “rentable friend” (nothing nasty, promise!) to accompany you to a social event or show you about town.

63. Start a laundry service as a side hustle from home

If you reside in a location where in-home washers and dryers are scarce, starting a wash-and-fold laundry delivery service as a side hustle from home can be lucrative.

64. Sell products on Amazon

You can become an Amazon Handmade seller and sell your hand-crafted creations for cash, similar to Etsy, but with Amazon’s signature accessibility, making it a great side hustle from home.

65. Become a notary 

A state notary license normally costs under $100, and you may start making money right away by selling your notary services.

66. Test Websites

Consider website testing as a side hustle from home if you’re searching for a way to make additional monthly money.

In today’s market, where websites play an important part in both small and large organizations’ capacity to reach, engage, and convert online customers, website testing is essential.

Website testing isn’t meant to be a full-time profession, and it won’t cover all of your expenses. It can, however, supplement your income and provide you with some spare cash for the weekend, a holiday, or a major buy without depleting your savings. 

Most internet testing companies will generally pay you $10 for each test, though you may have the option to make more on occasion. A typical website testing session lasts 10 to 20 minutes. One of the most well-known platforms is UserTesting.

67. Open a food stand

Selling what you prepare is another excellent side hustle from home. Set up a table or a booth in the park and sell your home-cooked meals.

68. Download apps and get paid

Getting paid to download apps is a terrific way to supplement your income. While it is unlikely to make you wealthy, it might be a lucrative side hustle from home or a quick income source.

You get free points every time you download an app, which you can then swap for PayPal money or gift cards. Swagbucks, Boom Gifts, and Grab Points are all popular sites.

69. Calligraphy business 

While wedding invitations, place settings, and envelopes are often hand-lettered, many calligraphers work on various festivities and other projects.

Set up $150 for equipment such as nibs, ink, and paper, but look for calligraphy beginner kits from well-known calligraphers.

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Many calligraphers specialize in event hand-lettering on demand. Some take on one-of-a-kind jobs, such as hand-lettering wedding vows or a speech. Some people are still working on perfecting their lettering style before making it into a digital font.

According to the US Bureau of Labor Statistics, a full-time calligrapher can earn around $50,000 per year. However, this figure may not include side jobs like selling ready-made items or teaching. Trust that your work will pay off if you’ve put your heart and soul into it and enjoy it.

And, as a side hustle from home, your results are bound to vary. Seasonal variations in demand for calligraphy services can result in busy times for your side business, which can help you supplement your income.

70. Garage Sale 

Begin by selling your items as a side hustle from home. Then, to convert it into a legitimate side hustle, offer to organize yard sales for friends and family in exchange for a percentage of the revenue.

71. Graphic design services

When it comes to graphic design, you have a few options. One option is to work as an employee for a traditional marketing firm or corporation. You might even establish your own freelance design company. 

Most in-house organizations will demand you to have a master’s degree, which is why many graphic designers choose to work for themselves.

The top locations for freelance graphic design jobs, part-time work, and remote work are listed below.

You can find freelance graphic design jobs on LinkedIn and Indeed if you wish to work for a design firm or a large corporation. Make sure to include terms such as art director, creative director, UX designer, and visual brand designer in your search.

72. Sell NFTs

Non-fungible tokens aren’t going away anytime soon. NFTs are a possibility to make substantial money in the collectibles and gaming worlds, especially with the growing interest in the metaverse. NFTs can be sold on websites such as OpenSea and Rarible.

Wrapping Up

COVID-19 has transformed the way we work and live. People are now seeking side hustles in addition to full-time jobs.

This is the ideal time to start a side hustle from home and turn it into a full-time gig. Don’t wait for the ideal timing. Try 1–2 side gigs and see what works best for you.

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