Many Americans are finding success with side businesses, as a 2024 Bankrate survey reveals one-third of the population pursue this path for extra income, with an average earnings of $891 per month. It not only provides financial benefits but also aids in developing new skills and career security—especially during uncertain times. (source).
When contemplating which side business to start, options range from low-investment ideas, like becoming a virtual assistant or usability tester, to turning hobbies into income streams, such as photography or event planning. Each offers scalable opportunities depending on personal interests and resources. Have you considered starting a side business? If so, which type intrigues you the most?