What are some “slash” jobs I can use to make money while I transition into full-time entrepreneurship?
— Aimee T., Tacoma, WA
The following answers are provided by the Young Entrepreneur Council (YEC). Founded by Scott Gerber, the YEC is an invite-only nonprofit organization comprised of the country’s most promising young entrepreneurs. The YEC promotes entrepreneurship as a solution to youth unemployment and underemployment and provides its members with access to tools, mentorship, and resources that support each stage of a business’s development and growth.
Consult on Whatever
Being a consultant is surprisingly easy: all you have to do is know more about something than someone else.Then it’s just a matter of figuring out how to help that person achieve their goals within the space you’re familiar with. Consulting can be time-consuming, but it can also be quite lucrative, if you possess valuable knowledge others want access to.
Consult Cragislist as an Extra Income Dartboard
The Craigslist-as-Dartboard approach involves some high-tech trial and error: browse the services section (“lessons & tutoring” is a good subset within services), keep a list of any services that sound fun and that you might be qualified to do (keep it legal!). Bookmark or copy posts you like, then write 2-3 of your own for different areas. Post them and see which ones take.
Create Forms of Passive Income
“Passive income” is a misnomer, as these things usually take time to set up. But if you can use your knowledge to create a high-quality, high-value information product — like an ebook, worksheet, or case study — you can collect income on that product for years to come.
There are tons of sites to make quick money. For example: Amazon Mechanical Turk, eBay, Microworkers, Zaarly, Student Of Fortune, 99 Designs, Fiverr, TaskRabbit and more. Just find whatever fits you best.
Freelance Web Development
If you have web development skills, take on some freelance work. Everybody needs web work done nowadays, so finding some clients to get started shouldn’t be too hard after looking around your existing networks.
Become a Virtual Assistant for Easy Cash
Virtual Assistants (VAs) are a commodity on the rise. The growing market for Virtual Assistants comes as solopreneurs, entrepreneurs, startups and small businesses grow and look for alternative options to fulfill secondary duties and tasks in their online enterprises. Zirtual is a great company that places and hires Virtual Assistants, check them out!
Assist a Successful Entrepreneur
While you’re building your business, find a successful entrepreneur who’s doing what you want to do and ask to assist them or take odd jobs at their company. Not only will you earn cash, you’ll also be earning valuable experience and building a great relationship with a possible mentor.
‘Future Mentor’ for Young People
As you build your business you can also work with young people as a career or “future mentor.” This is where you help teens and college students build their resumes, applications and find passions. This can be great for extra money and can be done on evenings and weekends. Plus you can get motivated by talking to the young people.
Get Paid to Play on Facebook
While networks like Facebook and Twitter may be social for you, they mean big business to small companies. Market yourself on Craigslist or UrbanInterns.com as a social media consultant and offer to help business owners build their follower bases by creating compelling profiles and content. As an added service, help your clients keep track of their social media stats, too.
Become a “Relative Expert”
You don’t need to know everything about a topic, you just need to know more than the people hiring you. You can learn the basics of all sorts of freelance-able skills in a weekend. SEO and copywriting are two great examples of this. Will you be the world’s best right away? Of course not, but you can add significant value to small businesses, and get paid for it, in very little time.
Got any other ideas we should add to this list? How are you bringing in extra income?