Here Are the Best Side Hustle Ideas That Can Lead to Full-time Income
There are tons of extra money making gigs, but many probably won’t generate a massive income for you or become a full-time business.
That doesn’t mean you shouldn’t actively pursue them if you are looking for extra cash. And some people may make really good money off those (think mowing lawns, walking dogs, etc), but it’s not the norm.
For me, side hustle ideas are ones that can become a valuable financial asset, generate a full-time income, or let you become self-employed.
It also requires patience, passion, and the right mindset to succeed.
Here are a few side hustle ideas that have huge full-time income potential.

1. Starting a Blog

Invested Wallet is now the third blog I’ve started, but only the second one I’m taking seriously as a potential business in the future.
Blogging has become a lucrative gig and has become one of the most popular side hustle ideas people gravitate towards.
However, growing it and making money does not happen overnight.
Building an audience takes time. Writing great content takes time and patience. Plus, you’ll have to learn some marketing basics to help you succeed.
And it also may take spending some money upfront just like any business but will cost much less to start.
However, the asset you create for yourself by starting a blog on WordPress is completely worth it.
I started this blog quickly and easily on Bluehost, with less than $200. That included the domain, SSL certificate, and three years of web hosting paid. I’ve already made that money back in a few weeks.
However, I did invest in a proper WordPress designer to ensure a pristine website. But that’s up to you. There are plenty of themes you can buy for under $60.
You also don’t have to choose Bluehost as there are other great hosting platforms, it’s just the one I choose because:
A. I get paid an affiliate that also offers you a discount if you sign-up.
B. I genuinely have had nothing but great service from the team.
How your blog can make full-time income:
I’ve seen tons of people quit their 9-5 and work on their blogs full-time. Even in the personal finance space look at examples like Making Sense of Cents, Millennial Money, etc. Countless others, doing six to seven-figures a year!
Here are a few ways your blog can make money:

  • Sponsored posts
  • Affiliate income
  • Ad placements
  • Brand partnerships
  • Sell courses or ebooks
  • Freelance work from your site
  • Consulting/Coaching
  • Business opportunities (book deals, speaking gigs)
  • Can sell the website or be acquired


2. Dropshipping Business

A dropshipping business also has massive potential to generate full-time income, without working 40 hours a week. Yet, similar to blogging, this requires some patience and some upfront costs.
What is dropshipping? It’s where you have a store that doesn’t keep the products it sells in stock.
Instead, when you sell a product, you purchase the item from a third-party and then that third-party ships directly to the customer. As a result, you never have to handle the product.
But for you to be able to work with legit wholesalers or manufacturers, you’ll need to legitimize your business. By that, I mean getting an LLC and a tax ID number, otherwise, these third-party vendors won’t take you seriously.
There are tons of advantages of this model and of course some disadvantages too.
Two friends of mine do this via their eBay store and do over a million in sales per year. It took them about 2 years before they could quit their jobs and do their dropshipping business as their main gig.
I’ll tell you this, they certainly are not working 40 hours a week now to make a comfortable living.
Other people who have explored dropshipping create their own stores via Amazon, Shopify, WordPress, BigCommerce, etc.
If you are looking for more about dropshipping and how to get started, this massive free guide from Shopfiy covers everything you need to get started as a beginner.

3. Amazon FBA

I mentioned in the dropshipping section that people use Amazon to make their stores, just like on eBay. However, there is another full-time income opportunity with Amazon called Amazon FBA.
This side hustle idea has gained a lot more traction in the least few years, but still has plenty of room for people to succeed.
The “FBA” stands for Fulfillment by Amazon and it is a service that lets you store your products in Amazon’s fulfillment centers. They then pick, pack, ship, and provide customer service for these products on your behalf.
Many people do this with their own products, but you can actually do this similar to a dropshipping method.
Essentially, you can find products from wholesalers you like, purchase those products in bulk, send to Amazon, and then sell those products via Amazon.
If it sounds like a money-scheme to you, trust me it did to me at first too. But the more you dive into the process, the more you realize it can be an incredible money opportunity.
This is not a get-rich-quick side hustle either.
An Amazon FBA business takes time, there may be some trial and error to find viable products, and can be a lot of work upfront.
But, once you get it working and figure out your process, you can be rewarded nicely and have an asset you can flip if it becomes profitable.
If you are interested in the idea and building an FBA business, I’d start there. Also, you can find plenty of success and failure stories online and on Youtube.

4. Website Domain Flipping

I’ve personally owned and invested in a few domains, but none that were really worth flipping. Most were ideas for websites I had that just never developed.
But a great side hustle that can be relatively easy and fetch you full-time income is flipping domain names.
You can literally make five-six figures in a couple months off one domain name. And the return percentage you can get for your investment can be over well over 500%. You are not going to find that in stock investing.
The Internet has opened so many doors to make money. Plus, more people creating blogs or opening up online stores means more people looking for the ideal name.
Whether you buy a domain relatively cheap or get a good deal from a domain marketplace, that domain can be very valuable to a big brand or other entrepreneurs.
However, the short “.coms” are the most attractive, yet are also getting harder to find good available ones to invest and hold.
Yet, there are many other variations like .org, .co, .io, .biz, etc. that are also popular. I still don’t know how Invested Wallet was available when I started this blog! But glad I nabbed it because it’s an ideal domain name.
But many web registrar companies also have their own marketplace to sell domains or buy from others.
There are also other places like Flippa where you auction off your domain. Take a look at the prices of some domains that are selling on there, some big money in domain selling.
Again, this is not something you’ll get rich overnight. But if you do your research, purchase good names, and make smart investment choices in the names, you can start to pull five-six figures a year in passive income.