50 Online Business Side Hustle Ideas (Tier List)
the most popular online business models and side hustles right now ranked in a top tier list this is going to be a fun one today it's been requested by you guys many times in the comments section and we're finally getting around to it now I'm going to be putting these business models in one out of five categories today we have crash waste of time okay I would start it and of course top tier now this is my opinion you might not agree with where I put all these business models but I've made multiple Millions from various online business models already so you could say my opinion is somewhat educated so the first category of business models I've got today is what I would call time trading side hustles right you're trading your time for this side hustle you don't need any education you don't need any knowledge at all and the first one is online surveys okay so pay being paid to fill in online surveys I'm gonna call this a waste of time right you generally get paid pennies for these survey websites sometimes dollars or pounds if you're lucky but anytime you're trading your time for money it is not scalable whatsoever sure you could argue okay well I'll hire some family for friends to watch these or fill in these surveys as well but these companies don't pay anywhere near enough for you to be able to do that so I would call it the waste of time same can be said by being an app tester downloading apps testing them out checking their functionality being a beta tester same you can do this for games as well we're just limited by our time though it is not scalable so if you want to earn some easy money sure try it out but it's a waste of time if you want to be long term successful and that's how I'm really going to be ranking this tier list today if you want to be long term successful you want to build something of real worth you want to make potentially Millions that's what I'm going to basis on next thing we have is the e-commerce category okay now the e-commerce is an industry where you sell products online they're a whole different bunch of business models that come under that roof so the first thing we have is Shopify okay so actually it's starting an e-commerce store this can be Drop Shipping which is where you don't actually need to hold stock and you send items straight from China from the warehouse or this could actually be whitelabing your own product getting your own warehouse and managing your own fulfillment I think e-commerce is a top tier business model for the right person you need to make sure you invest in your education you're probably going to launch a couple of stores that won't really work and it really is product and brand dependent and the most important thing and one of the main reasons I see so many Commerce stores fail so you do not allocate enough money for their advertising when they're first starting out gonna need a few thousand pounds or a few thousand dollars to invest in your advertising but for the right person top tier business Amazon FBA okay so fulfillment by Amazon this is simply where you again get products from places like China from other manufacturing plants all over the world and you would take a product you would white label it which is the process of putting your brand on that okay so you're going to package it all up and put it your brand or on that item and you're going to get listed on Amazon Amazon will then actually fulfill that which means they will store ship pack and send out to your customers and you get to make the most out of the traffic that the Amazon platform has I'm gonna put this in would start for now hypothetically okay if I didn't have my businesses I would maybe start one okay I'm gonna put it there for now I might change my mind later on good business model people make millions from it for the right person though and it does require more upfront investment than most others okay flipping on eBay okay eBay is just a Marketplace uh flipping lots of people buy and sell products on eBay uh this isn't really scalable okay it is maybe in a very rare instance we've all heard stories about people flipping trainers maybe that's going to be on this list as well I don't know uh I would say it's flipping on eBay it's not really scalable it's it's a waste of time um it's okay if you're just starting out right if you're just starting out you want to just make your first bit of money it's okay I'm probably going to change my mind on that one right I'm gonna do a refresh at the end what have we got print on demand okay starting a clothing brand and actually printing things on demand uh this is not necessarily going to be starting a proper clothing brand this is maybe going to be slogans or logos or for a football team uh waste of time really it's been done so many times I've really wouldn't go for it in fact I'm gonna call this a waste of time I'm going to put survey down into trash like not don't even bother okay what do we got uh Etsy Etsy Etsy selling handmade Goods on Etsy this is okay actually uh actually you know what I'm gonna say Woodstock this is a good business model if you've got a skill if you've got a niche if you've got a craft that you're good at some Etsy stores make huge amounts of money uh yeah I'm all for it uh flipping on Facebook Marketplace okay we're gonna put it underneath the eBay category as well like okay it's you're buying sell it products for low money on Facebook and you're selling them for more and you're not going to break the bank like depop selling clothes on apps such as depop yeah okay I mean these aren't business models this is just more of like a kind of a way of making money if you're selling your clothes on on depop it's okay if you're doing it as a business it's a waste of time okay so it's somewhere in here okay so the next category we'll go through is agencies this is simply a business model where you will provide a service to another person and a whole bunch of things that comes under that roof so smma social media marketing agency this is actually the business model that I made my first million with at 25 years old uh top tier absolute god tier business social media marketing is simply the act of you learning a skill like Facebook ads or email marketing or web development approaching business owners helping them to increase their revenue providing that service charging them thousands of pounds on a monthly basis on reoccurring retainers once you get a customer it compounds you get case studies it's a beautiful business model still running business to this data profits over one hundred thousand dollars a month and it's called affluent.com that's our agency top tier business if you want to learn about that there'll be a link in the description somewhere okay uh social media management this is just the process of actually managing the organic side of companies okay so their Instagram Pages their their Tick Tock pages and so on and so forth this is a good business model I would start one in fact I did I just transitioned from organic to paid ads Consulting a Consulting agency very good business model this is a top tier business model actually Consulting agency is a top tier business model if you have experience so there is a caveat to that one you need to be able to consult on something you need to have knowledge around something if you're going to consult about business you need to have had a successful business in that industry beforehand if you're going to consult a mindset your mindset better be pretty good so the caveat Consulting being a top tier business is you have to have some kind of experience okay lead generation business now this is not a digital marketing lead generation business what I'm referring to here is a company where you're going to scrape leads online okay you're going to go out there and you're going to generate leads for other people this is a service that we pay people thousands of pounds for on a monthly basis this can be a really really great business because there are many companies out there that need leads for the company to survive leads are just essentially people that other agencies other companies are going to actually sell to okay so I would say yeah would start not a bad business model at all sales agency or sales closer good business very much in demand so many businesses are useless at sales so many businesses have no idea how to sell their services effectively or they just need to scale their sales team and don't have enough people in recruitment in their company to actually get good talent massively in demand I'm gonna call this a top tier business okay regardless of whether you start a sales agency where you have tea people that work for you or you just start off as a closer top tier closers and companies are making multiple five figures on a monthly basis it's good if you've got the right skill set and you feel confident in your communication skills but bear in mind when I first started sales I was useless I used to walk to the end of the office trembling in fear I was a massive introvert I learned that skill we're in three months I was the top three performer in the company and I've now made Millions multiple Millions selling products and services tens of Millions for other people as well in the previous companies that I've worked for SEO agency yeah Woodstock uh SEO agency okay it's okay because it would have been a wood start or a top-tier business 10 years ago but SEO is still something that people need the problem is with SEO it's a very slow burner SEO or search engine optimization is simply where as a business you're going to provide services to other companies and help them to get ranked higher on search engines like Google for example the problem is is that there are quicker ways for people to make money these days so for example Facebook ads is going to make a restaurant more money quicker than SEO would so I'm going to say it's an okay business model email marketing agency yeah Woodstock this is good like this is more of a direct response business so yeah I would say uh would start an email marketing agency a tour in between top tier and would start You're simply creating email campaigns on behalf of companies and so on only fans agency this is an interesting one so it'd be you approaching other people having them create profiles on only fans and you would essentially Talent manage those individuals and take a commission from their earnings this can be very very lucrative if you get the right people and their Pages absolutely blow up it's a hard one to start though you need the right Network need the confidence to approach those people you need to know how to do so without just approaching a load of women in the streets hey when you take a picture with your tits I want to manage your profile like that's probably going to get slapped straight in the face don't do that if you have the right Network already maybe you're an influencer marketing maybe you're in the adult space very good business model I'm going to call it okado for the average person just because of the fact that it's not going to be easy for the average person to start up but if you do it right you're going to make it kill him Airbnb marketing agency now this is a good business model there are a lot of airbnbs out there that need management photos videos they want promotional content need to have their Pages managed right that is a job for somebody to come in and do that you need to make sure you can get hold of those people the lead generation isn't going to be that easy but for the right person I would say this is pretty good and I would say do you know what I would start that do you know what caveat that I would add to this and now I'd extend this business model and an industry that I think would do really really well is Hotel marketing as well and I would probably do that if I had an Airbnb agencies so there are so many hotels out there that have bad images bad photos okay they're taking on rubbish cameras that don't make the room look very big they have no promotional content they had really good content we are in the content age they will get so many more bookings so yeah I'd say there's a good opportunity then affiliate marketing agency I'm gonna say okay for the average person in my position we make multiple five figures on a monthly basis from affiliate marketing alone great but we have a good following that we've worked on for a long time it's not just because we've created this affiliate marketing business so for the average person it's okay it's not going to get you rich overnight next category content creating influencing whatever you want to call it the first one we have is YouTube now YouTube in my opinion is the platform with the most Longevity if you want to start a personal brand or a business that piggybacks off your YouTube um or you want to become an influencer dare I say apparently being a YouTuber is the most uh desirable job in the whole of America there was a survey that put out to Kids In America and the number one job that came back was YouTuber crazy right but YouTube's a long game it's not easy I've uploaded videos every single week for four and a bit years to get to where I am right now but the audiences on YouTube are incredibly loyal thank you guys appreciate each and every one of you genuinely and also YouTube pays the best cpms I think we get like 15 000 pounds a month from YouTube just by uploading a video a week which is pretty amazing right you can't complain at that and I'd never get that from Tick Tock or Instagram equally Brands will pay a lot more to sponsor your videos on YouTube than anywhere else and if you've got a business that can lean on YouTube and you've got a relevant audience who are acts great as a top of funnel something called YouTube a top tier but don't just think you can just rely on YouTube it's not a standalone side hustle business model for the majority of people your not brand is not going to blow up overnight for the majority of people it is an aid to some other business that you may be running in my opinion so next thing we have is tick tock tick tock obviously the algorithm is crazy on Tick Tock right now cpms they pay famously their their influencers whatever um stupidly low rates so they don't pay very well at all but if you get a good following then you can get brand deals and so on and so forth so I'm going to say yeah would start that on Tick Tock cool same thing with Instagram would start right it's been around for a long time yeah uh actually do you know what I'm gonna say okay on Instagram Instagram's algorithm must tend to [ __ ] recently so yeah and they haven't verified me yet which I'm getting pissed off about Instagram I have so many fake accounts it is ridiculous and we pay our intellectual property lawyers like free grand a month just to manage it just give me a Blue Tick so people stop getting spammed they can stay down there for that one I'm not having it I'm not having it the Instagram platform's not very good right now let's let's not let's not even butter it up so what have we got creating a Blog okay as a business waste of time it's a waste of time as a business it's okay if it's aiding your company right but as a standalone business side hustle waste of time um unless you've got something really like controversial to speak about just going to blow up but most people don't podcast creating a podcast yeah would start creating a podcast great thing trending right now Evergreen content would recommend it for anybody who's already creating content if you haven't got one you should get one at the very least just repurpose your videos into audio format so yeah that's good creating theme pages on Tick Tock YouTube or Instagram so these are like let's say a dog page on Instagram or on YouTube uh or on Tick Tock for example now these are good if you are leveraging a business behind scenes all right so you don't want a dog page unless you haven't got dog products to sell if you've just got one then yeah you're not gonna really get anywhere with it so I'm gonna say this is okay on the caveat that you have another business to prop it up with only fans okay security agencies start profile yourself my opinion if you're a straight guy don't bother this is trash you're gonna get pics of your thing in group chats you're going to kill your reputation you're not going to make any money you're a gay guy on the other hand apparently gay guys make more money on only fans than women so if that's you and you don't care and you kind of a [ __ ] you mentality then do it because you'll make some cash and it's top tier for the right person like this I can't be biased right if this business if this tier system is for making money it's undeniable how much money is made for the amount of work that has to go into it take a few pics and videos bang people are making millions the right people I don't think it's as easy as people think it is though okay so freelance creative okay this is gonna be various different things under this okay so becoming a copywriter is the first one copywriter just writes copy okay that could be emails that could be website copy that can be for ads this is a good business model okay being a freelancer you can install a a copywriting agency I'm gonna say this is a wood start there are so many different areas of copywriting you can go into branding designer okay low logos and so on and so forth uh okay okay I don't think that's good enough on its own to start as a business I would say that's okay if you're a full-fledged graphic design agency maybe I'd say would start but just logos on its own design and build websites or and or funnels yeah okay like again like lots of people make websites for themselves these days it's so easy to make funnels for yourselves which is simply just landing pages so I think it's an okay business model YouTube thumbnail designer waste of time way too competitive I'm just saying that as a YouTuber I get so many emails every single day from people who are trying to make something else for me nine times out of ten are [ __ ] so if you're good then do it but I just I think there's too many people trying to do it to be honest uh video editor uh yes would start video editor good quality video editors hit me up video editors good video editors with an eye for detail are few and far between and yes would start video editing business money especially for YouTube specializing in the YouTube Niche maybe even short form content as well YouTube scriptwriter yeah I think this is a good one I would say would start on this one YouTube scriptwriter so actually writing scripts on behalf of YouTube so they don't have to do all the research and everything themselves that is in demand photographer okay that's quite generalist videographer yeah Woodstock okay self-explanatory SAS product SAS product software as a service that's what that means I mean this is a top tier business but there's a massive caveat to this nine people out of 10 people that start a software company have no idea what they are getting themselves into absolutely no idea they didn't have a clue about service they don't have a clue about developers they literally just think they can come up with an idea pay someone in India to create this product and like it's all gonna work software as a service is one of the hardest business models for you to run if you get it right it is top tier and you can sell it for multiple Millions but there's a big caveat on that one there is for most of these things it's hard to just rank these like with with no caveat but yeah not this is not for for everyone the right person for an experienced business owner yeah software is top tip this by the way is a new category software right so different types of software so next thing we have is developing an app okay so not just like a web app software as a service would be something like I don't know like uh click funnels or go high level or notion uh but we could go go and create a mobile app as well okay now I would say this is for me okay like I would rather create a SAS product than an app like technically speaking it's the same thing but an app would in on this relative list would just be creating a mobile app right create widgets okay like a Google Chrome extension and so on this is a good business model if you have a good idea so I'm gonna put Woodstock if you have a good idea you can make a lot of money from a widget but again you need to be experienced okay next category trading and investing so uh trading on the stock market yeah would start but it's not going to make you rich unless you've got experience and time to invest into it some of you might but the majority if you won't cryptocurrency yeah would start okay but very volatile make sure you educate yourself don't immerse yourself too heavily like I wouldn't make this a full-time gig nfts okay I just have a bad experience of nfts nfts are great people make millions from nfts I lost a lot of money on nfts that's my fault so I refuse to put nfts on Woodstock because I've got a sour taste in my mouth becoming a cryptocurrency miner waste of time these days for the average person just don't even bother in your position buying and selling domain names generally waste of time you're not going to make any money quick but it's good if you ever see a good domain name come up hold it as an asset great asset but waste of time as a business model online betting and gambling trash I've even got that on there it's I'm not recommending you guys to online bet and gamble right some of you will make money some of you won't I've personally got two friends at a mast one lost 30k one lost 50k literally their life earnings they're not in business either like their lives earnings from a job in trading and gambling trash don't get yourself into it go to the casino if you want to with rent and set a limit to yourself I've done it on multiple occasions but as a business like for the most people just no you're going gonna trash your life creating an online course caveat caveat caveat caveat this is a top tier business that depends on this that depends on sales it depends on the brand it depends on so much more an online course is a top tier business for the right person selling your knowledge can make you an awful lot of money but people again think it's a lot easier than it actually is the profit margins aren't incredible you have to advertise at very high costs if you don't have a personal brand it's going to cost you a bomb to get started and you need knowledge in the first place to even think about creating an online course because if not you're just a scammer right you can't create a course about something you don't fundamentally understand you can't teach someone a business model that you haven't decided yourself so again caveats with this one okay uh write and publish an ebook Okay like an ebook unless it's amazing if you're an author and you're really good then great but like for the most people okay yeah you have to be a good writer okay so now we've got our final category it's like a bow bonus category and first thing we have is Airbnb rental Arbitrage and this is essentially approaching airbnbs or the property owner and convincing them to increase their price and you manage their listing for them get the content for them you essentially make it a lot higher quality and you're taking that little bit of extra increase from the property I mean in theory that sounds okay right but like I don't think that'll be very easy to pull off for most people you're gonna have to come from the property Market to really make that work to have any kind of authority you're gonna have to have done that with your own Airbnb to have any kind of authority to get them to convince you to do that Community moderators wasted time you're not going to be earning enough as a community moderator you can do it part-time but if you started the business for it you might make some money but yeah generally speaking I would say that's a that's a waste of time okay because you're just not going to earn enough money from it sure the demand is there but it's not going to pay enough online tutor okay so if it's like one-to-one online shooting or so on and so forth okay if you've got a skill this is okay again you're not going to get rich but it'll do okay so if you're teaching a skill one to one with someone by video calls and stuff you could scale it out and build a team that could be good but they value you if you're in this position I would just start an online course or start a Consulting business you can make more money from that and it's more scalable what else we got uh virtual assistant okay if you're just getting started waste of time if you want to make loads of money and final one is joining a multi level marketing company why is this on my list trash don't start an MLM like join an MLM like waste of time like Herbalife and all that I've had a lot of them come up over the years uh just don't even bother like the only people that make the money are the guys at the top I it's a pyramid scheme basically so yeah don't get yourself involved in it let's have a look at this list and just see if there's anything what's moving around I think I'm pretty good with this I'm happy with this obviously most of these things have got caveats and this is my opinion based on my experience with the business balls I've worked on and you've got to bear in mind I've worked with thousands and thousands of people and helping them start their own businesses as well I've spoke to people that have come from all of these business models so my perception of these business models is actually based on real people that have tried them themselves doesn't mean this is fact though but it's pretty well educated anyway if you think I'm wrong tell me I'm wrong drop comment down below and tell me what you think I put in the wrong place and why and if I've missed any online business models tell me which and I'll tell you what tier I think it deserves to be in also if you're watching this video and you're trying to come up with ideas you want to work for yourself you want to quit your job you want to be financially free all the good stuff then watch the video I'm gonna put in the description which is the best online business models that you can start right now in a recession because I give you actionable steps on how you can actually get started today so watch that video subscribe to the channel make sure your notification Bell is turned on and I'll see you all soon cheers
2022-10-06 13:38
