Additional income ideas

[J_K]

Hi all,

I am looking for ideas for additional income to my full time job.

I am a 30 something male with two small children (2 and 4 years)

I have more than 15 years of experience in HR - currently full time working as a Head of Human Resources.

My partner also has her own full time job.

The job pays well. We're not rich by any means, but we can still save a little bit at the end of each month. But, having an additional income would always be good.

I am looking for ideas for additional income that I could fit around a full time job and also having a family.

For example, in my previous job where I was for a few years both HR Directors seemed to be MDs of their own management consultancies.

Any ideas would be much appreciated.

 

[fisicx]

Get a job pulling pints in the evenings.

Do gardening at the weekends.

Run evening classes.

 

[Mark James]

How about writing fantasy novels.

 

[Socio South West]

Why why why????? You have the kids at the best and most interesting time of their lives now.... The greatest gift you can give your kids is TIME.
With both of you in full time jobs your kids will struggle to get enough time from you as it is, without you disapearring to other occupations at weekends or in the evenings.

Look closely at your work/life balance.

When the kids are off here there and everywhere in maybe 10 or 15 years time and you are Dad dancing at their parties and that sort of stuff..... then thats the time to be looking for a second income stream if you still feel the need.

 

[BusterBloodvessel]

What amount of money are you thinking would be handy? An extra £50 a week here and there or more significant sums?

 

[skaracay]

Are you an HR head of a company, or do you work for a company that provides talent pool services?
Thank you.

 

[J_K]

Are you an HR head of a company, or do you work for a company that provides talent pool services?
Thank you.

I'm a Head of HR in a company.

Not sure how much money extra, yet. Just an idea of wanting to have a side hustle.

Why am I doing this?

Additional income is never a bad thing. It's probably an age thing, but as I am approaching 40, I've recently started thinking about retirement and how financially secure we might be, so my goal is to start building a nest egg over the next 20 years or so that would allow us to slow down a bit as we're getting older. I don't want to wait until I am nearly 70 to be able to retire.

So, any additional income would go to a savings account/ISA to build up interest.

I am also mindful of the fact that I want to spend as much time as possible with the family and any additional income cannot be just directly correlated with working extra hours somewhere.

If I wanted to that, I could easily find an evening job somewhere.

Any passive income ideas?

 

[JEREMY HAWKE]

Window cleaning I have a few spare buckets in various colours if required .

You will need a ladder and a wiper

 

[Martin Patfield]

Personally I signed up to just eat/deliveroo/uber eats for a bit of side money.

Self employed alongside the main business hours.
£1,000 income a week when I can be bothered.
£500 when I can't be arsed.
Log in and out when I want.

I don't have kids or any other dependents so my time is used a little differently to others.

I'd like to change this to an organic income with selling items online instead but that's a work in progress.

 

[fisicx]

Any passive income ideas?

Far and few between and difficult to make much money out of unless you are the originator.

You could create an HR website where people can get advice. documents, read case studies and so on. Or you could create training material and upload to online learning academies. These would generate a passive income but would require a lot of initial work.

Or you could learn a new skill, become proficient and then sell the results. For example, learn to paint and upload your portfolio. People can pay for prints. Not totally passive but simple to manage.

Or train up to become and instructor on whatever hobbies your children follow and get paid to teach.

If you want to make a bit of cash on the side you have to put in the hours.

 

[Mark T Jones]

I'm a Head of HR in a company.

Not sure how much money extra, yet. Just an idea of wanting to have a side hustle.

Why am I doing this?

Additional income is never a bad thing. It's probably an age thing, but as I am approaching 40, I've recently started thinking about retirement and how financially secure we might be, so my goal is to start building a nest egg over the next 20 years or so that would allow us to slow down a bit as we're getting older. I don't want to wait until I am nearly 70 to be able to retire.

So, any additional income would go to a savings account/ISA to build up interest.

I am also mindful of the fact that I want to spend as much time as possible with the family and any additional income cannot be just directly correlated with working extra hours somewhere.

If I wanted to that, I could easily find an evening job somewhere.

Any passive income ideas?

From the information given it's really hard to work out what your interests and motivators are?

Are you looking to get out and do something, to sit at a computer or to get on the phone? (Just some examples)

"passive income' will typically bring the MLM crowd running. That will involve selling stuff to friends and family and - to have any real success selling the idea to others.

Beyond earning, what are your aims?

 

[WaveJumper]

Become an equities trader

 

[ctrlbrk]

Personally I signed up to just eat/deliveroo/uber eats for a bit of side money.

Self employed alongside the main business hours.
£1,000 income a week when I can be bothered.

Are you really saying that doing a gig for just eat/deliveroo/uber eats can provide an income of £4,000/5,000 a month?

 

[fisicx]

Are you really saying that doing a gig for just eat/deliveroo/uber eats can provide an income of £4,000/5,000 a month?

You have to put a lot of hours:

How Much Does Deliveroo Pay?

We interviewed Deliveroo drivers and riders to see how much they really earned. Here's what they had to say.

www.nimblefins.co.uk

 

[Martin Patfield]

Are you really saying that doing a gig for just eat/deliveroo/uber eats can provide an income of £4,000/5,000 a month?

I have joined a facebook group for "just eat/deliveroo/uber eats drivers" and a lot of the contributors to that group moan they've not earnt much in a day or at the weekend or whenever they've chosen so I'm surprised when I've earnt what I feel is a fairly considerable amount.

I guess it depends on your area of course.
Maybe I'm just lucky in my area.

I earn £100 an evening say 6-10/11pm ish - have to deduct expenses out of that.
On a Saturday and Sunday £250 each day. Or more on a Saturday and less on the Sunday.
Rinse and repeat.

As Fisicx said, you have to put the effort in, it doesn't just happen. I was pretty ill in September and didn't work at all - business or delivery - got back to work from October onwards, without the driving. Finally got my arse back into gear on Boxing Day and since then on - still easy money out there in my area.

My friend who is a few years older than me lost his job in Covid and made redundant took up the delivery driving. He's still at it now doing what he needs to between child care and school runs because he's so used to the flexibility it gives.

These companies are now only just starting to report a profit after all these years... So maybe there is hope out there that it can continue for the foreseeable.

 

[Mark James]

Make neon door number signs

 

[BusterBloodvessel]

Are you really saying that doing a gig for just eat/deliveroo/uber eats can provide an income of £4,000/5,000 a month?

There was a heyday during Covid and the following period where people were making this. Extremely difficult to do so now, in my experience.

I started doing it around 18 months ago, only with UberEats. Already I was hearing by then that things were dropping off, but for me I found it worthwhile for some extra £ especially at times when I'd basically be doing nothing else except perhaps sitting in front of the box. I used to do a couple of midweek evenings from say 4:30 til 8 and earn perhaps £35-£40. Sunday afternoons and evenings could be quite good, say 3:30 until 7:30 ish for £50-£60 sometimes.

It wasn't megabucks and once you took out petrol and insurance I reckoned it was *close* to minimum wage for the time spent out of the house. But what I enjoyed about it was how stress free it was. You're not working constantly for the time you're out of the house - inbetween jobs you're sat reading a book, browsing social media, doing a bit of work, whatever. I took a flask of tea with me and couple of snacks. For doing the Sunday and perhaps a Tuesday and Wednesday during the week I was quite regularly pulling £120 ish each week which at the time was a big help to me and as I say didn't feel like it was having an impact on anything else I wanted to do, it was just filling a bit of otherwise dead time (and stopping me going standing in the pub instead!)

I took a break from it but did try to pick it up again about 8 months ago and found it disastrous by that point. Jobs extremely few and far between and I was giving up after 2-3 hours perhaps and earning less than a tenner. As Martin mentioned I am on a couple of Facebook groups for delivery drivers and plenty saying the same. It could well depend on area though, ours is heavily saturated with drivers - Deliveroo and Just Eat won't even accept new applications for our area which says it all.

I guess it depends on your area of course.
Maybe I'm just lucky in my area.

I would say so, compared to my experience! Probably also helps if you're doing multi-apps though, I only ever did Uber and as I say couldn't get onboarded with JE or Deliveroo.

 

[HFE Signs]

I have to agree with @Socio South West you time with your kids is so precious, don't be on your phone or working when they are around, try cutting your expenses rather than working more

 

[skaracay]

I have an idea regarding human resources and how talented people can access companies more easily. As a job candidate myself, I have experienced the difficulty of finding the right job and I believe there is a solution to this problem. In the fields of software, artificial intelligence, and IT, I think that candidates should be able to apply directly to companies and showcase their talents.

With over 15 years of software engineering experience, I have lost faith in recruitment companies and prefer to examine companies and their products myself. When I find a company or product that excites me, I develop a code to solve customer complaints and apply for a job by sending a code and product demo directly. I have received excellent feedback from doing this and I hope to create a product that enables talents to apply directly to companies.

I would love to discuss this idea with you.

 

[JEREMY HAWKE]

I have an idea regarding human resources and how talented people can access companies more easily. As a job candidate myself, I have experienced the difficulty of finding the right job and I believe there is a solution to this problem. In the fields of software, artificial intelligence, and IT, I think that candidates should be able to apply directly to companies and showcase their talents.

With over 15 years of software engineering experience, I have lost faith in recruitment companies and prefer to examine companies and their products myself. When I find a company or product that excites me, I develop a code to solve customer complaints and apply for a job by sending a code and product demo directly. I have received excellent feedback from doing this and I hope to create a product that enables talents to apply directly to companies.

I would love to discuss this idea with you.

Is there a way of monetising this. How would it generate any profit.

 

[JEREMY HAWKE]

PS If the just eats boy is making such much then how come he is riding everywhere on a bicycle and shopping in Primark

If your on here talking about doing Kabab delivery work then you might need to consider what you are even doing on this site
As a long term member here I would like to see people building good long term businesses ,improving their all ready established business and using the knowledge and advice to help get a s33t load of money in the bank for themselves and their families.

Not talking about delivering pizzas until the early hours of the morning in the rain

 

[fisicx]

PS If the just eats boy is making such much then how come he is riding everywhere on a bicycle and shopping in Primark

If you on here talking about doing Kabab delivery work then you might need to consider what you are even doing on this site

Because he is sending all his money home to his family in wherever.

 

[skaracay]

PS If the just eats boy is making such much then how come he is riding everywhere on a bicycle and shopping in Primark

If your on here talking about doing Kabab delivery work then you might need to consider what you are even doing on this site
As a long term member here I would like to see people building good long term businesses ,improving their all ready established business and using the knowledge and advice to help get a s33t load of money in the bank for themselves and their families.

Not talking about delivering pizzas until the early hours of the morning in the rain

Software, DevOps and AI roles

 

[JEREMY HAWKE]

Software, DevOps and AI roles

I dont think the above posts mentioned app and software development and the ongoing future business generated from these ventures

They only mentioned delivering on a bicycle and next week they will probably be offering a free list for the best food banks

 

[skaracay]

I dont think the above posts mentioned app and software development and the ongoing future business generated from these ventures

They only mentioned delivering on a bicycle and next week they will probably be offering a free list for the best food banks

opened the topic declared he was a human resources manager. Connecting the dots, as Steve Jobs would say.

 

[JEREMY HAWKE]

opened the topic declared he was a human resources manager. Connecting the dots, as Steve Jobs would say.

HR manager means very little to me I have done all that myself and once it involved chasing someone out of the yard with a split down railway sleeper
I'm not really a corporate jobs type person

 

[ctrlbrk]

I have an idea regarding human resources and how talented people can access companies more easily. As a job candidate myself, I have experienced the difficulty of finding the right job and I believe there is a solution to this problem. In the fields of software, artificial intelligence, and IT, I think that candidates should be able to apply directly to companies and showcase their talents.

With over 15 years of software engineering experience, I have lost faith in recruitment companies and prefer to examine companies and their products myself. When I find a company or product that excites me, I develop a code to solve customer complaints and apply for a job by sending a code and product demo directly. I have received excellent feedback from doing this and I hope to create a product that enables talents to apply directly to companies.

I would love to discuss this idea with you.

I haven't had a job interview for the last 23 years but I don't think the mechanics have changed much. Recruiting companies aren't in it to be the best matchmakers, they're in it to maximise profits, just like anyone else.

Matching the best company to the best person for the role is, of course, the Nirvana of recruitment, and making it work would literally change the world, although I doubt that a Head of HR such as @J_K deals with recruitment much. These roles tend to be involved with employment law and protecting the company from labour disputes more than anything else.

You may want to try @IanSuth who's had recruitment industry experience.

 

[fisicx]

opened the topic declared he was a human resources manager. Connecting the dots, as Steve Jobs would say.

That makes no sense at all. How on earth do you think an HR manager is going to have the skills to take on Software, DevOps and AI roles?

 

[JEREMY HAWKE]

That makes no sense at all. How on earth do you think an HR manager is going to have the skills to take on Software, DevOps and AI roles?

He would be feckin useless
Hey you did ask!

 

[japancool]

shopping in Primark

Nowt wrong with Primark underwear.

 

[IanSuth]

I have an idea regarding human resources and how talented people can access companies more easily. As a job candidate myself, I have experienced the difficulty of finding the right job and I believe there is a solution to this problem. In the fields of software, artificial intelligence, and IT, I think that candidates should be able to apply directly to companies and showcase their talents.

With over 15 years of software engineering experience, I have lost faith in recruitment companies and prefer to examine companies and their products myself. When I find a company or product that excites me, I develop a code to solve customer complaints and apply for a job by sending a code and product demo directly. I have received excellent feedback from doing this and I hope to create a product that enables talents to apply directly to companies.

I would love to discuss this idea with you.

I am happy to talk to you give you my 27 years recruitment experience and my 3 years recruitment assessment experience dealing with the inhouse recruitment community

I think you have some preconceptions about the marketplace and it's drivers which may be wrong

will pm you a mobile number

 

[Lucan Unlordly]

Not talking about delivering pizzas until the early hours of the morning in the rain

One step away from working as a subby for a courier and competing with you??

 

[JEREMY HAWKE]

One step away from working as a subby for a courier and competing with you??

Bring it on your Lordship ???

 

[datagatherer]

I have a couple of options for you, especially if you have 2 computer screens, although splitting the screen is an option too.

Would mostly be sourcing data from websites and popping it into excel - nothing exciting but an hour or two here and there once the kids go to sleep or when they're out with friends.

No expenses, use the tools you've got, your own hours - but we agree a timeframe that is achievable.

Let me know

 

[Banksbroo]

Why why why????? You have the kids at the best and most interesting time of their lives now.... The greatest gift you can give your kids is TIME.
With both of you in full time jobs your kids will struggle to get enough time from you as it is, without you disapearring to other occupations at weekends or in the evenings.

Look closely at your work/life balance.

When the kids are off here there and everywhere in maybe 10 or 15 years time and you are Dad dancing at their parties and that sort of stuff..... then thats the time to be looking for a second income stream if you still feel the need.

Yes this! Seriously, time with your kids, and partner, at this point is worth more than a little bit extra income created by never being fully present in their lives, then over-compensating by spending extra on treats for them and yourself to make up for it.

 

[datagatherer]

Some children are in bed by 9pm, giving a couple of hours time to earn £25 perhaps 3 evenings a week, or when the kids are at a club or lesson, doing homework, watching TV or having a day out with another friend and their family. Sometimes kids pop off to the supermarket with one adult and can be gone for a couple of hours. You don't HAVE to be with them every second of every day, they'll never learn to become independent and will always expect parents to sort out their problems.

Everyone's family functions differently. No reason why you can't manage 5 or 10 hours a week. I can offer you that if you don't mind data research and entry work and have a computer with Excel.

 

[fisicx]

@datagatherer - what’s your hourly rate? Is it above NMW?

 

[Paul Kelly ICHYB]

I'm a Head of HR in a company.

Get a job that pays more?

 

[japancool]

I'll do it. My hourly rate is £250.

 

[datagatherer]

I'll do it. My hourly rate is £250.

If you're unemployed, that'll be why