Have you recently lost your job because of downsizing, budget cuts, or another vaguely infamous reason? Stuck in a career rut and unsure of where you're headed next? Don't worry. Most of us have been there before. Right on the cusp of deciding whether we want to hop back into another full-time job, pick up a side gig, or take our current side hustle to the next level. No matter where you are in your career or side gig search, the following ideas can help give you a better idea of what you might want to do to earn a decent supplemental income.
1. BEAUTY INDUSTRY
One of the few industries seemingly unaffected by recessions or down economies is the beauty industry. So, if you're looking for a side gig with a stable source of income, selling beauty products like skincare products and makeup might just work for you. If you're concerned that you might not be able to sell enough products because you live in a small town, consider traveling to the nearest big city, or even moving there. Big cities offer ample opportunities to interact with thousands of strangers every day. Those interactions have the potential to turn into opportunities to sell independent products from companies such as Amway. If that sound of that excites you and now you're thinking, "I want in! How does Amway work?" research it and other direct sales opportunities to find the right fit for you.
2. BATH AND BODY INDUSTRY
Self-care is becoming much more of a priority for people these days, which is why bath and body products are a great industry to invest in. Personal care products like lotions, soaps, deodorants, hair products, and oral care products are essentials for most families, which means it shouldn't be too difficult to succeed with these kinds of products. People need them anyway, so make a compelling case about why they should buy them from you instead (i.e., better ingredients, cheaper, etc.) and you should have no problem selling out.
3. HOME CARE PRODUCT INDUSTRY
How long can you go without cleaning your home? Probably not very long if you're like most people. At least once a week is mandatory in most households, which means people are running to the store every week to buy more. That's why selling home care products can be a great way to generate additional income. From surface cleaners and disinfectant cleaners to dish detergents and water treatments, there's a wide array of products to choose from when considering selling in this industry. And if you're really committed to the industry, why not start your own side business cleaning homes or connecting house cleaners with clients who want their homes cleaned? It could be as simple as creating an app and relying on word of mouth to spread the news about your side hustle.
4. FOOD AND BEVERAGE INDUSTRY
The food and beverage industry is a great option no matter the state of the economy. Just think about how many times you've reached for a piece of candy in the grocery store line after a hard day or a long week. Whether you're selling healthy treats or satisfying someone's sweet tooth, the food and beverage industry can provide great supplemental income when you partner up with a trustworthy, stable company that's been in the business for years. And you don't have to go the traditional brick and mortar route — consider setting up shop as a vendor at local pop-up events or taking orders strictly online.
5. HEALTH AND FITNESS INDUSTRY
The health industry is another sector that seems to thrive no matter what the economy is like because people are always going to look after their health no matter what their finances look like (as long as they're able to). That's why selling health products like vitamins and supplements, sports nutrition products, and weight-management products are great options to consider. Or if you're a gym rat, why not post your workouts online? You may garner a YouTube or Instagram following that leads to sponsorships and more, and find yourself among the ranks of fellow fitness influencers such as Michelle Lewin, Joe Wicks and Kayla Itsines.
Now that you've got a better understanding of what your options are when it comes to side work, you can start thinking about which direction you want to take in your career or side hustle.