Match Your Day Job Income With A Side Project
I never get why people who want to start a business don’t just start a side project and see what happens — they can keep their day job and see what happens in regards their idea and income.
My advice — keep your day job, start a side project — which means if you have an idea then use this. Try and build it up so that it matches your income. I call this income match — I always recommend that you leave it running for 6 months and see if you can continually bring in the income for 6 months so you know it’s sustainable. You don’t want to quit your job and find out the idea was seasonal or just a lucky month!
So here I want to detail several side projects that people around the world are starting that are bringing in income — some are at starting point where they are earning an extra $50 per month and others are way up in the $10,000 per month band.
The only reason you are not matching your income now and working for yourself is because you haven’t started. I will test several ideas over the first quarter of 2016.
Let’s start! Hint hint…
Erica Douglass sold her first business Simpli Hosting for over $1,000,000 at the age of 26. She is now working on her second startup but still has time to earn $1,000 per month just from a few affiliate ads on her personal website.
Nathan Thom used his passion for Lego and technology to create a site Rebrickable that allows Lego fans to use a LEGO database that does some number crunching and tells you what you can build by combining parts from all your sets. Lots of user submitted content that is also searched and can be built, everything with instructions. He makes well over $1,000 per month from affiliate links on Lego products.
David Cook founded Missionary Bags — a bag designed specifically for religious mission trips, handing out flyers etc and they are now easily doing over $1,000 per month.
The founder of Postertext not only does a consistent $1,000+ per month but has also used this business to fund a 3 year trip around the world.
How about sending a giant cardboard dick to someone for their birthday or Christmas? ShipADick consistently does $1,000+ a month!
A software developer built some helpful plugins for Delphi developers and does over $1,000 every month with doing any further work.
One guy launched a great tool that helps people interview coders over the phone but collaborate in a web browser at the same time — again $1,000+ every month.
Spektrum Media made this as a side project to their business and within days of launching we’re doing over $1,000 in revenue.
An built for project managers regularly brings in $1,000 per month in revenue and growing.
A simple website that provides templates for iOS apps that saves app developers time does $3,000 per month.
I could go on and on listing peoples side projects here but that would delay you starting your own side project so take inspiration from these ideas above and no that it is perfectly achievable to start a side project and build it up so it matched your income — give it 6 months and then you have the option to continue as you are, quit and push the business or sell it!
Don’t know how to start business? Need ideas for start? Read my blog posts on my website www.wpdemand.com
Let me know what your side project is going to be in 2015 in the comments.
Originally published at wpdemand.com on September 20, 2015.