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M$3 February 04, 2009 01:37 PM

Creative money-making opportunities?

Yes, I've been thinking a lot about the economic situation lately.

What with it being very hard to get a job these days, in certain markets, I was hoping people could share any thoughts they have about non-traditional income streams.

I've got a few ideas to start.

1. Tips via Mahalo Answers ($40 at a time)
2. Donating plasma ($20 per donation, 3 times a week max)
3. Selling stuff "garage-sale" style on eBay (variable)
4. Entering online contests
5. Lab rat (varies)
6. Busking, e.g. playing music on street corner (varies)

Anyone else willing to share ideas they've had, and how much income they might be expected to bring in? Or if they've had any positive or negative experiences with the items listed above?
Interesting Question?  Yes (0)   No (0)   
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February 07, 2009 03:13 PM
In your profile, I see "food geeking".

Also, since you're a Mahalo guide.... I'm going to guess that you're into the web and enjoy it.

So, Philipy's idea, "Start a specialist online store in some foodie niche" is a good one. It's the sort of thing that I was thinking.

Traditionally, the best side-projects (read the ones that make you money and you enjoy) are built on the things you actually love.

So, short of quick "walk dogs for people" ideas, you'll need to think deeply about what you love and how you can apply your skills to it.

I too am a "food geek" and through traveling have come to enjoy cuisine almost as an art. Here are some of my ideas along this line:

1)
Develop a local restaurant review product. Quite simply, develop a bit of marketing material (brochure, a tiny website, etc) and promote yourself to local restaurants. Tell them that you'll write professional reviews for them ALL over the web. After 3 restaurants, earn some restaurants about how you "increased business by 20%" and build.

2)
Do you happen to have a DSLR camera? If so, food photos can be used in portfolios of aspiring Chefs, in restaurant promotional material and of course in menu's. Talk directly to Chef's about this one - offer your first 2 clients free shots for your own promotional use and maybe a free lunch after you're done shooting.

3)
Niche local review websites can make money. If you know your local cuisine, write reviews on them. In every city there is a dedicated core of foodies who desperately need to know what's good where. Cater to this need by directing them only to the best meals at the best places.

I would setup a site like http://www.teefury.com/ for food. Every Thursday, I would highlight 1 meal at 1 restaurant. A single outstanding photo with a clear thoughtful review, location, directions, chef information, backstory, etc. All the stuff Foodies crave.

Restaurants will pay (a small) fee to be highlighted. Maybe start at $20. Even with one additional cover, this will break even. Then, as statistics can be proven, increase your rate.

Produce small window stickers highlithing the fact that the resturaunt was featured to give the place a badge of honor and a community identifier.

Ask restaurant owners for a small patron discount to break through traffic plateaus.

CONCLUSION

Do you see where I'm going with this, Carrie? I don't know anything about you. What I do know (from your profile) is that you're into food and like to write. This same thought process takes creativity but could be applied to any of your skills and interests.

The only rules with this sort of thing: Don't get greedy. Don't let it effect your full time paycheck. Don't get married to an idea until it starts to make money.

Hope this helps!


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February 04, 2009 02:13 PM
I like your question because I'm also interested in making extra money from time to time. While Ebay can be a lot of work (packing, shipping, listing, etc.) I've from time to time been able to take advantage of my ability to find good deals on the internet and monetize that. For example, at one time the Virgin Mobile outlet was selling their cell phones cheaper than anywhere else (presumably to get people signed up to their service). I decided to try to list one of these for sale for $10 more than the price on the website. It sold within 24 hours. Now, I never owned the product, so what I did was once I received payment I used the payment to buy the product and have it shipped out as a gift. These started selling very fast. I then decided to try listing different phone models and once I had made some profit, I thought it was a good idea to purchase one of each phone model to keep at home in case they ran out of any particular model. I rode the wave for a while and made a little profit that way. If you're a really good bargain shopper, this might end up being a good way to make extra money with little effort (once your listing is created, you just keep on using it over and over again once it sells). Good luck!

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February 04, 2009 02:14 PM
Dumpster diving.
eBay garage sale.
(combine above with) Flea Market finds.
Play the penny stock market.

All of the above vary in risk and return.
Source(s):
personal experience


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February 04, 2009 02:24 PM
Create a website.
Add (interesting/funny/informative) content.
Sell advertisement.

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February 04, 2009 10:30 PM
The best ways I make money online and that is legit is from selling items on Ebay (dropshipping, wholesale, and saling items I dont need) and writing article from Associated Content (they can be strict sometimes but if you take your time and write articles, you will get great money)
Source(s):
www.ebay.com
www.associatedcontent.com


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February 05, 2009 04:09 AM
I just ran across an article discussing ways to pick up extra cash by working. The site I am trying out is odesk.com. They also listed Elance.com. So stay out of the dumpsters! Also, www.savemoneydaily.wordpress.com has some great ways to save money on a daily basis. Who knows! Maybe you won't have to pick up any extra cash by just saving!

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February 05, 2009 09:21 AM
I am glad you asked this question. I am always looking for new ways to make some extra money. The ones you listed are great starters. I will list some of my own

Transporting people from and to airports: I live in South Florida, where a lot of people of northern states come back and forth. I charge $50 per trip. Also you can offer them to take care of their homes until they come back.

Snow Shoveling: I used to do over $ 200 per day when I lived in Virginia. All you need is a snow shovel and start knocking doors. Better yet, put flyers door to door before the snowstorm.

Delivery of goods: I work for a furniture store, now the store charges 100$ per delivery, regardless if it just a chair or whole room of furniture. If it fits in my truck I price them 75$ or less. With Valentine's Day getting closer, there a demand for delivery drivers

Newspaper Delivery: Never tried this, but people who did told me it depends a lot in the route you had assigned. Can make good money or just enough for gas and car maintenance.

Leverage your knowledge: Everyone have a hobby, skill or ability which can be used to earn some extra money, even if you are not an expert. I'm a far cry of being a computer guru, but I'm the one my family and friends call when they have computer problem or question. I cannot charge the same rate as a technician, but always end with some extra money. ; ).

I can think of some others...

- Dog walking
- Babysitter
- Lawn mowing
- Windows cleaning
Source(s):
My own experiences, friends


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February 05, 2009 01:05 PM
Well have you ever heard of earning money by just stumbling,digging sites and social bookmarking sites.

Well this idea looked very good to me as there no other sites accept it.
The traffic generated by the sites which are submitted to social bookmarking sites is awesome and way better than any other type of advertisements.

The users get 0.75$ for just 2 minute work and that includes social bookmarking the sites like digg, stumble upon, making you tube videos favorite .
Its a very easy task and you make good money from it.
you get paid when made 104 in your account.

The site is http://www.subvertandprofit.com

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February 05, 2009 06:53 PM
The best results for anyone are probably going to be something that draws on their skills and interests to address a market that values those skills.

From what I can see about you on your profile, you are smart, good at writing and researching, and love food. If you can find ways to leverage all of that, you could be in business. Some ideas that might fly for you:

- Freelance writing - maybe reviewing restaurants, writing about kitchen gadgets, etc
- Develop your own site or blog that capitalises on you love and knowledge about food, maybe making money from affiliate sales of products you recommend
- Start a specialist online store in some foodie niche

Things like running a small catering business might also be an idea. Though that would perhaps not draw on some of your best skills, and also your earnings would be closely tied to how much time you can put in.

I'm sure you also have many other skills, interests and resources. Often we can't see them ourselves because we're so familiar with them, so it might be an idea to brainstorm with someone else who knows you well.

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