11 Best Side Hustles for Women Over 50, According to Career Coaches
These days, it can seem like nearly every millennial or Gen Z person out there has a side hustle to help them generate some additional income outside of their main jobs. But contrary to popular belief, side hustles aren't just for 20-somethings and 30-somethings. In fact, they can be a great way for people in their 50s—especially women—to save extra money before retirement and find a new source of fulfillment.'It's beneficial because more people want to retire early as corporations and the corporate sector are less appetizing,' says Brooke Taylor, a career coach and the owner of Brooke Taylor Coaching. '[My clients in their 50s] are tired, they wanna spend more time with their family, they wanna wind down. So finding additional revenue streams is a good way to be able to support themselves before they can access their retirement.'Although starting a side hustle can be intimidating, it doesn't have to be. Many draw from skills that middle-aged women have already utilized in their careers and personal lives for decades, allowing them further flexibility and the option to maintain a source of revenue even after eventually leaving the traditional workforce.Below, career coaches share the 11 for women over 50, why side hustles are a good idea for this age group, and some tips for getting started.Related:
Chris Guillebeau, author of the book Side Hustle: From Idea to Income in 27 Days, points out that if you're a woman in your 50s, you have a competitive edge when it comes to side hustles 'because you bring so much experience, judgment, and resilience to the table.''You already know how to solve problems, work with people, and manage your time — things that often trip up younger people,' he tells Parade.Laura Koepsell, a career coach and the owner of Koepsell Career Counseling in Washington, D.C., agrees.'Women in their 50s have such an impressive background and so much life experience that they can pull from,' Koepsell explains. 'They are trusted a lot in certain professions due to that area of expertise, and it allows them to keep their brain sharp and explore some activities outside of their traditional 9-to-5 that they can continue once they're retired, as well.'Related:
If the cost of starting a side hustle has held you back from taking the plunge, don't worry! Not all side hustles require a substantial upfront investment.To keep spending low, Koepsell recommends mapping out your expected costs for the first year or so and setting aside money for certification or other start-up fees.'I would recommend doing informational interviews, so that [newcomers] can talk to someone in these roles and get an idea of [the job],' she says. 'That way, they have time to do upscaling if they wanna build towards it for a couple of years, and get some actual expert-level information.', a career and intuitive life coach, adds that these jobs 'require a lot of experimentation before you find what works best for your schedule and desired income stream.''Start small with little experiments to see what products or services appeal to your customers,' she says. 'Don't fall for advertisements and emails promising to help you make six figures in the first few months with their 'perfect system.' It's a scam.'Guillebeau adds that it's best to rely on organic marketing rather than wasting money on things like social media advertisements.'Reach out through your network, tapping into communities and using free tools,' he notes. 'You want to validate your idea first before spending anything significant.'Related:
Taylor notes that although consulting is an umbrella term for being a sole proprietor and selling your business expertise, there's real value in drawing from your past professional experience to work with others in your field.'Take your expertise that you've gleaned over the course of your long career and monetize it, give it back,' she says. 'You don't necessarily have to go out and create something new. Just repurpose what you have. You can flex it up, you can flex it down, and it doesn't require any money upfront to launch.'Related:
Experience in writing and editing can make you a great candidate for freelancing, especially if you have expertise in a niche area.'I recently had a client that was focused on meteorology, and we talked about how they could do some specific proofread[ing] in meteorology-focused papers,' Koepsell says. 'Really target audiences so that your expertise can be highlighted.'
Doing project management and executive assistant work can be a particularly accessible option for women looking to start a side hustle since it can typically be done remotely.'[Doing it] for small businesses is really helpful. It keeps things interesting,' Koepsell notes. 'You're able to dedicate more time, and it's something you can typically do virtually.'Related:
Outside of property rentals, renting out other items can also be an easy source of extra income. As Taylor points out, this can be anything from party equipment to a vehicle to AV equipment.'Find something that's really affordable that has that kind of recurring revenue stream that doesn't require a lot from you upfront,' she says.
Are you an animal lover? Then caring for other people's pets while they work can be a great way to enjoy time with furry friends, all while earning some extra cash.'Since COVID, everyone got a pet,' Koepsell says. 'Now, with a return to office, there's more of a need [for pet sitters] than ever. That's something that's good for the current environment.'
Do you know someone with a summer house or second property? Offering to manage upkeep and repairs on their home when they're out of town might be right up your alley.'[Homeowners] especially trust people that are older for that as opposed to young people,' Koepsell notes. 'Because they trust that they've owned homes or seen enough.'Related:
Whether you're a teacher or simply have expertise in a field like biology or economics, tutoring younger people can be a great way to give back and share knowledge that you're already applying to your career.'At this stage of life, there's a real advantage in offering maturity, trustworthiness and personal connection—qualities that many clients are specifically looking for,' Guillebeau says.
If you have a knack for detail and enjoy the planning that goes into gatherings, consider becoming an event planner. As Koepsell points out, the possibilities for what type of events you take on are endless.'That could be either part-time things like different networking events, maybe weddings,' she says. 'They could help with corporate planning for events. That's especially popular here, [in the D.C. area].'Related:
Women with a background in finance are particularly well-suited for taking on additional bookkeeping duties.'I've seen [that] some bookkeeping companies prefer people that already have a CPA,' Koepsell says. 'So if there's anyone in accounting or finance in some capacity, that's a very easy transition for them.'
If you already have a second property that you're not using, renting it out on sites like Vrbo and Airbnb can be a great secondary source of income. Of course, if you don't already have another property, acquiring one can obviously come with a more significant up-front cost. In that case, Koepsell recommends conducting informational interviews and talking to a realtor before making any major purchases.'It might also help to work with folks like stagers or interior designers [who] are just getting started, so you can get some discounted pricing if you need additional help,' she adds. 'Or use things like Facebook Marketplace for acquiring items. That way, it's not as cost-heavy.'
Have you traveled the world and come away with plenty of travel advice? Consider turning that into a secondary career.'These side hustles work well because they tap into real skills and experience, they're flexible, and they don't require massive startup costs,' Guillebeau says.Koepsell notes that although A.I. services might replace certain travel planner tasks like itinerary making, other facets of the job still require a human touch.'There's always going to be a need for people that say, 'I wanna use all of my credit card points, and I don't know how to do it efficiently,'' she notes. 'A.I. can only do so much in terms of specific financial advice.'Up Next:Brooke Taylor, of Brooke Taylor Coaching
Chris Guillebeau, author of Side Hustle: From Idea to Income in 27 Days
Laura Koepsell, of Koepsell Career Counseling
Mandy Steinhardt, career and intuitive life coach
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Browse the report and understand how it can benefit your business strategy- Key Growth Determinants – Reusable Water Bottles Market Environmental Awareness and Plastic Waste ReductionGrowing environmental concerns have significantly influenced consumer behavior toward reducing single-use plastics. Government bans and restrictions on disposable bottles in many countries have propelled the shift toward sustainable, reusable alternatives. Health and Wellness TrendsRising awareness about hydration, fitness, and overall wellness has increased demand for water bottles that can be used in gyms, outdoor activities, and offices. Consumers prefer reusable options that align with their active lifestyles and health-conscious routines. Product Innovation and Material AdvancementsManufacturers are offering reusable bottles with features like temperature control, leak-proof designs, and eco-friendly, BPA-free materials. 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Key Growth Barriers – Reusable Water Bottles Market High Initial Costs and Price SensitivityReusable water bottles, particularly those made from premium materials like stainless steel or glass, often come with a higher upfront cost compared to single-use plastic bottles. This price disparity can deter cost-conscious consumers, especially in developing markets where affordability is a significant concern. The elevated production costs associated with sustainable materials and advanced features like insulation or filtration contribute to these higher prices, potentially limiting widespread adoption. Consumer Habits and Convenience of Single-Use BottlesDespite growing environmental awareness, many consumers continue to favor the convenience of single-use plastic bottles. These disposable options are readily available in various public settings, such as vending machines, events, and retail outlets, making them a more accessible choice for on-the-go hydration. Changing established consumer behaviors and encouraging the consistent use of reusable bottles remain significant challenges for market growth. Limited Public Refill InfrastructureThe scarcity of public water refill stations in many regions hampers the practicality of using reusable water bottles. Without adequate infrastructure to support easy refilling, consumers may find it inconvenient to rely solely on reusable options, particularly during travel or in areas where tap water quality is questionable. This limitation can discourage the consistent use of reusable bottles, especially in urban and developing areas lacking sufficient facilities. Market Saturation and Quality VariabilityThe influx of numerous brands and products into the reusable water bottle market has led to saturation, making it challenging for consumers to distinguish between high-quality and substandard options. The presence of counterfeit or low-quality products can erode consumer trust and satisfaction, potentially hindering repeat purchases and brand loyalty. Ensuring product quality and safety standards across the market is essential to maintain consumer confidence and support sustained growth. Segmentation Based on Material Type Glass Stainless Steel Plastic Silicon Others Based on Distribution Channel Specialty Stores Convience Stores Supermarkets and Hypermarkets Others Based on region North America Europe Asia Pacific Latin America Middle East & Africa Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today- Regional Analysis – Reusable Water Bottles Market Asia-Pacific stands as the dominant force in the reusable water bottles market, commanding approximately 40% of the global share in 2024. This leadership is propelled by heightened environmental awareness, governmental initiatives promoting sustainable practices, and the affordability of reusable bottles in densely populated nations like China and India. The region's robust e-commerce infrastructure further facilitates market expansion, with countries such as China projected to experience a CAGR of 7% from 2025 to 2032. North America maintains a significant market presence, accounting for about 27.6% of global revenue in 2024. The U.S. market, in particular, benefits from stringent environmental regulations, widespread health consciousness, and a strong inclination toward sustainable products. Europe is anticipated to witness the highest CAGR among all regions, driven by the European Union's rigorous policies against single-use plastics and a cultural shift toward eco-friendly lifestyles. Latin America and the Middle East & Africa (MEA) regions are emerging markets with considerable growth potential. 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These industry leaders focus on developing durable, BPA-free products with advanced features like insulation and ergonomic designs to meet the evolving preferences of environmentally conscious consumers. Their extensive distribution networks and emphasis on product quality have solidified their positions in the global market. In regional markets, companies adapt their strategies to local consumer behaviors and regulatory environments. In North America, brands like S'well, Thermos LLC, and Hydro Flask have gained prominence by offering stylish, functional bottles that align with the region's health and sustainability trends. In India, domestic players such as Cello and Milton dominate by providing affordable, high-quality options tailored to the local market's needs. The competitive landscape is further intensified by emerging startups and SMEs introducing innovative designs and materials, challenging established brands and driving continuous product development across the industry. Tailor the report to align with your specific business needs and gain targeted insights. Request Full Report Here- Key Player Analysis Tupperware Corporation SIGG Switzerland AG, GmbH CamelBak Products, LLC Klean Kanteen Contigo Aquasana Inc. Hydaway Nalgene S'well Recent Industry Developments January 2024 – Petainer, in collaboration with Oonly, launched Hungary's first reusable PET bottle for mineral water. This initiative supports the country's new deposit return program and aims to enhance circular practices in the beverage sector. January 2024 – Bottle Up introduced a fully reusable, pre-filled, plant-based water bottle in the UK, positioning it as a sustainable and recyclable alternative to single-use plastic bottles. August 2023 – PathWater partnered with toy manufacturer Mattel to release a limited edition Barbie-themed refillable bottle. These vibrant pink bottles are available through PathWater's website and retail outlets across the U.S. and Canada. April 2024 – Nalgene, a New York-based company, announced its transition to manufacturing reusable bottles using Tritan Renew by Eastman, a material made with 50% certified recycled content through mass balance methodology. February 2024 – SIGG Switzerland AG provided custom reusable bottles to participants of the ABN AMRO Open tennis tournament held at Rotterdam Ahoy in the Netherlands, reinforcing its presence in global sustainability efforts. Reasons to Purchase this Report: Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion). Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region. Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years. Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning. Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions. Benefit from Porter's Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics. Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years. Browse the report and understand how it can benefit your business strategy - Discover additional reports tailored to your industry needs UK Reusable Water Bottles Market - Collapsible Water Bottles Market - Water Bottles with Filters Market - Middle East and Africa Reusable Water Bottles Market - Europe Reusable Water Bottles Market - Asia Pacific Reusable Water Bottles Market - Australia Reusable Water Bottles Market - India Reusable Water Bottles Market - North America Reusable Water Bottles Market - U.S. Reusable Water Bottles Market - Smart Water Bottles Market - Sports Water Bottles Market - 5-Gallon Water Bottles Market - Follow Us: About Us: Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. Contact Us Mitul DeanTower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, Indiasales@ Logo: View original content to download multimedia: SOURCE Credence Research Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
