It is not at all a bad idea to start a side business in order to supplement your current income.  The problem is that most people are afraid.  The truth is that most articles online talk about how you can quit your job in order to follow your dreams.  This is scary and you should not look at things in this way.  What you have to do is keep your current job and start a side business.  They need to be separate and both handled seriously.

While there are so many options that are currently available, we have to think about the future.  This basically means that we should focus on those ideas that would eventually be considered by larger scale investors like Todays Growth Consultant.  Read a Todays Growth Consultant review to see what we mean.

Social Selling

There are so many companies out there that actually rely on individual sales people in order to generate their income.  You can become one of them.  A startup kit for such a firm is usually around $100 but it also includes training time and material.  In many cases the earning potential is really high, sometimes even leading towards a career change that can be made.

Freelancing

This is one of the great options that appeared thanks to the evolution of the internet.  You can so easily end up making even around $50 per hour for jobs like translations.  Alternatively, when you move away from the internet, you can open the doors towards options like DJ-ing, animal care, lawn mowing and so much more.  Look at the different freelance opportunities that are available and see if there is something you would enjoy doing.  This can bring in so much extra money.

Thin threads by Amir Jina, on Flickr.  This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic License.

Opening Online Stores

Many believe that this is not something that they can do but that is not actually the case.  Remember that your junk may actually be a goldmine for someone else.  You can easily open an eBay store to start with and then try to expand.  It is possible to offer services through an online store and even start a regular business that sees you buying from local manufacturers and selling online.

Focus on Developing Your Side Business

Experts highlight the fact that you can easily start really small, which is what you will want to do anyway since you want to build a side income.  Focus on different ways in which you can expand the business.  As time passes, there will be various different opportunities that pop up and your earning potential will be increased.

On the whole, everything boils down to doing something that you really love doing.  That is not at all easy to do so make sure that you allow yourself enough time to find something that you really like.  When you love what you do as a side business, it can easily turn into a full business that can bring in enough income for you to quit your job and fully dedicate yourself to the side business.