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What Equipment Can I Buy To Make Money? 13 Great Ideas for 2023

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What Equipment Can I Buy To Make Money? 13 Great Ideas for 2023

Have you been thinking about starting a money-making side hustle? Then you might have asked the question what equipment can I buy to make money?

The reality is that there are tons of machines and items you can buy to make extra cash on the side.

While some equipment will require manual operation and a bit of your time, other items can be set up to make money on autopilot or rented out to make passive income.

Read on to learn about the best machines to buy to start a business on the side.

What Equipment Can I Buy To Make Money?

Take a look at this list of equipment and tools you can purchase easily to earn extra cash.

1. A Drone

Drones are cool pieces of equipment that have many different functions.

They’re used by government agencies for natural disaster search operations and monitoring climate change.

Plus, they’re used by everyday people to film holiday videos, take aerial photos, and film events.

If you wanted to make money from a drone, you’d need a commercial drone license, and then you could start offering niche drone services.

A few potential customers can be found at events and weddings, selling drone footage to stock sites, offering aerial surveying, and providing inspection footage for electrical, gas, or water lines.

Drones cost between $600 to $3,000 or more for a professional-level model.

However, the good money potential makes the initial investment worth it in the long run.


2. Vending Machine

If you’re still wondering “what equipment can I buy to make quick cash”, a vending machine is another worthwhile option.

Vending machines offer snacks and drinks and are usually situated on commercial premises such as a gym, doctor’s surgery, shop, railway station, or office.

Basically, anywhere you have an active footfall or steady stream of people waiting to do or see something or someone.

You can buy a second-hand vending machine on sites such as eBay for a few hundred dollars or you could invest in a vending franchise like what Tubz Vending offers.

You can place your vending machines on a property you own or negotiate a monthly rent and a profit share to have your machines on someone else’s commercial site.

Once your vending machine business is set up, all you have to do is keep it stocked each month.


3. Pool Table

what equipment can I buy to make money

Investing in a coin-operated pool table is another simple way to make quick cash on the side.

These are even easier to manage than vending machines because you don’t have to fill them up with stock.

You’ve probably seen pool tables in bars, sports clubs, and community centers. And you might have also noticed that it can be hard to get on the table some nights!

This is where you could come in and provide your own tables. If you don’t have your own commercial premises, try negotiating a deal with a leisure site where you provide and maintain the table in return for having your table there free.

Second-hand pool tables cost around $1500, and you’d need to pay for a van to deliver it to a venue.

After that, all you need to do is replace balls or cues if they go missing and enjoy a relatively passive income stream.


4. Sticker Printer

Another piece of equipment worth buying to make money is a sticker printer.

Stickers are hugely popular items that sell well online on sites such as Ebay, Redbubble, and Etsy.

Students and kids love to put stickers on their pencil cases, desks, laptops, books, and more.

While you can use a print-on-demand site such as Printful to print and deliver your stickers, getting your own sticker printer gives you increased quality control and a higher profit margin.

Check out this guide on how to start a sticker business for more information.


5. DJ Equipment

If you have a passion for music and a knack for creating your own tunes, why not get your own DJ equipment and make extra money?

You could set up your own YouTube channel and earn money from adverts and sponsorships when you get enough subscribers.

Another idea is to sell your own merchandise, such as t-shirts, hoodies, and hats under videos with your DJ name on them.

Plus, if you have the time, you can market your DJ services for hire at weddings, events, and clubs.

When you’re not using your DJ equipment, you could rent it out on a site like Fat Llama and make passive income by letting someone else use it for an agreed period of time.


6. Ice Cream Machine

what equipment can I buy t make money

Everybody loves ice cream in the summer!

You could buy an ice cream machine and rent it out to a business or set up your own ice cream business.

The first option of renting it out will bring in a nice chunk of passive income after you’ve found an interested party and negotiated terms.

This is the best idea if you want a hands-off approach to earning on the side.

If you have extra time, you could start selling ice creams from a rented property or from an ice cream van you rent or buy.

In busy times, this will make more cash, but you’ll need to give up time to run the business.


7. Sports Equipment

Sports equipment can also be rented or sold to make extra cash.

If you have sporting equipment already, you could create an online store on a platform like Shopify and rent out your items.

It’s important to do your research, though, and find out what sports equipment is sought after in your area by the public or leisure venues.

Or, if you don’t want to spend time building a site, sporting equipment can be rented out on Fat Llama.

If you have a little more time, you could scour yard sales and second-hand stores for old sporting equipment.

These places often have cheap old sporting goods for sale, which you could flip and sell for a profit.


8. Arcade Machine

Another great answer to “what equipment can I buy to make money” is investing in an arcade machine.

These take up less space than a pool table and can still turn a profit if placed in the right area.

Again, arcade machines do best in areas with people waiting around, such as an airport or a bus station. They could also do well in an establishment where people go to have fun, like a bar or shopping center.

Have a look on eBay or Facebook marketplace for used arcade machines that cost anywhere between a few hundred dollars to a few thousand.

Negotiate a deal with the owner of an establishment you want your machine put into.

Once it’s going, all you have to do is keep it running and collect the profits, which could be between $20 – $50 a day in a busy venue.


9. Cryptomining Machine

crypto currency mining

Cryptocurrency miners make billions of dollars worldwide.

And the good news is that anyone can start mining cryptocurrency from home in their spare time.

Do your research to learn about cryptocurrency, and when you feel ready, invest in a cryptocurrency mining machine, which can cost between $1,000 – $4,000 or more.

One thing to remember here is that start-up costs are relatively high, and there are no guaranteed returns.

A high-spec cryptocurrency mining machine will eat up electricity, so you need to minus electricity costs when working out projected revenue to see if it will be worth it for you.


10. 3D Printer

A 3D printer is another great piece of equipment to buy to make money.

It’s possible to learn how to use a 3D printer online for free, and then you can open your own Etsy store to start selling your designs.

A few ideas for items to make with your 3D printer include:

  • Coasters
  • Bottle openers
  • Cup holders
  • Cookie cutters
  • Egg cups
  • Fruit baskets
  • Unique cutlery

While 3D printing can take a while to master, a small to medium sizes printer only costs around $300, which is affordable.

Take a look at these 3D-printed desk plaques on Etsy for inspiration.


11. Lawn Mower or Leaf Blower

Using a lawn mower or leaf blower to make money requires effort, but it’s simple work.

A second-hand lawn mower should cost no more than $100, and you could make that back in a week, charging $20 – $30 per lawn mowed.

You could do this type of work in your spare time or, eventually, make it into a full-time business.

Start picking up clients by talking to your neighbors and handing out flyers around town.

You could even set up a social media account, showing off your gardening achievements.

After getting a few good reviews, word will spread, and new customers will start approaching you.


12. Electric Bike

electric bike

Working as a delivery driver is a top part-time job to help grow your income on the side.

On any night, you can bet there are hundreds of hungry bellies making food orders on some of the major food delivery sites such as DoorDash and Deliveroo.

By investing in an electric bike, you can join the gig economy and make money delivering food.

This type of work is flexible, as you can choose to work in the mornings, at lunchtime, or at nighttime.

Plus, you can work as many or as few hours as you like to fit this side hustle in around your main job.

Electric bikes cost a minimum of $600. However, you can start off with a pedal bike which is more affordable.

This type of work has minimal overheads, and you can earn $100 – $200 a day at busy times.


13. A Van

One type of heavy equipment to buy to make money is a van.

Investing in a good-sized van simply gives you so many opportunities to make money.

A few van-specific ideas to earn cash include:

  • Helping people move
  • Work as a courier or delivery driver
  • Earn by advertising on your van
  • Rent out your van to businesses
  • Turn it into a food or drink truck
  • Flip old vans for profit

A decent second-hand van could be found for around $4,000+.

But remember that fuel, insurance, and running costs must factor into this side hustle.

If you’re renting out your van, you could easily earn $20 – $30 an hour or charge a monthly fee.

You can double this charge if you include manpower to help people move.

Final Thoughts – What Equipment Can I Buy to Make Money?

Now you know the best equipment worth buying to make money. The tough part is deciding which machine is right for you to invest in.

This listicle has given you a broad range of options, with something for everyone.

If you prefer a more hands-off side hustle, opt for one of the automated machines that just need setting up, such as a vending machine or a pool table.

These will always make money as everyone likes to snack, and we all want entertainment when waiting around.

If you’re happy to get more active, consider investing in a lawn mower, DJ equipment, or a van.

The 3D printer and cryptomining machine will take a little longer to get the hang of, but it can turn a good profit over time.

Consider your skills, passions, and budget, and in no time you’ll decide which equipment you want to buy to earn cash on the side.



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10 best pet gifts that dogs and cats will love (and their owners, too)

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ByAmanda Saintina

Sunday, December 3, 2023 6:19PM

10 best pet gifts that dogs and cats will love

This is an image of a goodybox from Chewy, a pet carrier, pet necklaces and a Furbo video camera.

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As a participant in multiple affiliate marketing programs, Localish will earn a commission for certain purchases. See full disclaimer below*

Our pets are companions we hold near and dear to our hearts. Chances are, you or someone you know refers to their dog as their fur baby or cherishes their cats. Our pets keep us company and provide unconditional love, which is why they should be celebrated. Finding gifts for your four-legged friend can be difficult (especially if they’re picky), which is why we have your back. From holiday boxes full of toys and treats to functional gifts that will make pet care easy, there is something for any pet owner.

Best Gifts for Cats and Dogs

1701694565 821 10 best pet gifts that dogs and cats will love

Goody Box Holiday Dog Toys & Treats

I love this Goody Box of Holiday Dog Toys and Treats because you get more value for a lower price. The toys are a great way to bond with your pet and try out popular holiday-themed treats before you commit to buying the full-size product. It also comes in two different sizes for small and large dogs.

1701694565 608 10 best pet gifts that dogs and cats will love

Goody Box Holiday Cat Toys & Treats

This holiday-themed Goody Box has a great selection of tasty treats for your feline fur baby. I love that you get a lot of value for your money. The box includes: a penguin plush toy; a pack of 10 bouncy, holiday-colored spring toys; a foldable play tunnel; and delicious treats from Temptations and Hartz Delectables. Plus, all three toys include catnip, which is a nice treat.  

10 best pet gifts that dogs and cats will love

Merry Makings 12-Day Cat Toy Advent Calendar

This cat toy advent calendar is sure to make your cat feel special this month with plush toys filled with catnip. We love the variety of items available in this calendar in different shapes, sizes, and colors to keep your feline friend engaged.

1701694565 560 10 best pet gifts that dogs and cats will love

Frisco Flip Sequin Naughty/Nice List Dog & Cat Hoodie

Is your four-legged friend naughty or nice? If you love dressing up your pet this is the perfect hoodie to keep them in festive fashion.

1701694565 692 10 best pet gifts that dogs and cats will love

K&H Pet Products Cat & Dog Bed Warmer

My pup loves curling up under the sunny spots near my window. If your pet does the same, a bed warmer will be the perfect gift to keep them cozy this winter. This bed warmer comes in sizes ranging from small to giant and can be easily placed in any pet bed.

Best Gifts for Pet Lovers

1701694565 251 10 best pet gifts that dogs and cats will love

Leaving your pets at home can be stressful, especially if you have an anxious pup or a pup that likes to get into trouble. This 360-degree dog camera is Amazon’s choice for pet cameras and a pet owner favorite. This camera rotates to keep your dog in view at all times, so you can be home even when you’re not.

1701694565 981 10 best pet gifts that dogs and cats will love

‘Tell Your Dog I Said Hi’ T-Shirt

For the person who loves your fur baby more than you, lol. I love this T-shirt because it is lighthearted and something a friend or pet lover would appreciate.

95oz 2 8L Pet Fountain Cat Dog Water Fountain Dispenser with Smart Pump Blue d0dd2b12 9596 448e 8606 3cc6e567df8e.406f272a5d217eb755685da578ea8cf6

2.8L Pet Fountain with Smart Pump

It can be hard to keep your pet interested in their drinking bowl or even make sure they are getting the hydration they need. This pet fountain has two different flows: a flower waterfall (similar to a faucet) and a gentle fountain. This is perfect to keep your pets hydrated and engaged.

1701694565 945 10 best pet gifts that dogs and cats will love

Anavia Personalized Pet Portrait Necklace

This sentimental gift is a #1 best seller on Amazon. A personalized gift can mean the world to the person receiving it. What I love about this necklace is the unique sketch style of the portrait and how it can be used as a keepsake for a friend who may have lost a pet.

1701694565 921 10 best pet gifts that dogs and cats will love

ROVERLUND Airline-Compliant Pet Carrier

These carriers make life easier for jet-setting pet owners. These carriers are stylish and come in six different colors, but that’s not even the best part about this bag. They have a leak-proof bottom, so you won’t have to worry about any accidents, and the shoulder strap turns into a durable leash for your pup.

*By clicking on the featured links, visitors will leave Localish.com and be directed to third-party e-commerce sites that operate under different terms and privacy policies. Although we are sharing our personal opinions of these products with you, Localish is not endorsing these products. It has not performed product safety testing on any of these products, did not manufacture them, is not selling or distributing them, and is not making any representations about the safety or caliber of these products. Prices and availability are subject to change from the date of publication.

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The AI Video Industry Disruptor

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The AI Video Industry Disruptor

In a world where generative artificial intelligence (AI) is the talk of the town, you can’t afford to overlook the revolutionary role it’s playing in our lives. From large language models (LLMs) being used to draft blog posts and diffusion models for image generation to AI coding assistants for code generation, the productivity potential that generative AI unlocks is staggering. If you are looking to know how to invest in Synthesia, this is the right place for you!

This piece will shine a spotlight on Synthesia, its stocks, investment options, and how to make the most out of this tool.

How to invest in Synthesia stocks: Navigating the basics

Introducing Synthesia – Image via Synthesia

Investing in the stocks of cutting-edge technology companies like Synthesia can be an attractive proposition for many investors. However, the process and availability of investing in such companies, especially those that are not publicly listed, can be complex. 

Here’s a guide to help you navigate the potential avenues for investing in Synthesia.

Step 1: Understanding the company’s status

Synthesia is a private company, which means its shares are not available on public stock exchanges. Investing in private companies is typically more challenging than investing in public companies due to limited availability and higher investment minimums.

Synthesia has raised significant capital through Series A, B, and C funding rounds from notable investors. These rounds have contributed to its high valuation and growth but are generally not open to individual retail investors.

If you’re curious about the cost of using Synthesia, make sure to check out our in-depth guide on “Is Synthesia Free to Use?” for valuable insights.

Step 2: Explore avenues for investment

Before investing, take a look at the wide range of investment avenues available to you:

  • Venture capital funds: One indirect way to invest in Synthesia is through venture capital funds that hold Synthesia in their portfolio. Investors can look for venture capital firms that have backed Synthesia, like Kleiner Perkins, Accel, or GV, and explore investment opportunities in those funds.
  • Secondary market platforms: Platforms like Forge Global or EquityZen provide a marketplace for buying and selling shares of private companies. However, these transactions often require significant minimum investments and are typically available to accredited investors.
  • Direct private investment: For high-net-worth individuals or institutional investors, direct private investments in Synthesia might be a possibility. This would generally involve directly contacting the company or participating in future funding rounds, subject to the company’s approval and investment terms.
  • Initial public offering (IPO) watch: Keep an eye on Synthesia’s public announcements for any potential IPO. An IPO would allow public investors to buy stock in Synthesia through stock exchanges. However, as of now, there is no public information about an impending IPO.

Step 3: Assess eligibility and requirements

Determine if you meet the criteria for an accredited investor, as many such investment opportunities are limited to accredited investors due to regulatory requirements.

Understand the minimum investment requirements, which can be significantly higher for private companies compared to public stocks.

Step 4: Consult financial experts

Before proceeding, consult with financial advisors, especially those experienced in private equity or venture capital investments. They can provide personalized advice based on your financial situation and investment goals.

Step 5: Monitor your investment

Keep track of Synthesia’s business progress, market trends, and any public announcements, especially regarding future funding rounds or a potential IPO.

Additionally, if you’re interested in exploring AI-driven creativity, our guide on Deep Dream Generator provides five valuable tips for creating stunning images.

Considerations before investing

  • Risk assessment: Investing in Synthesia carries a different risk profile compared to investing in other companies. Understanding these risks is crucial, including the lack of liquidity and the long-term nature of such investments.
  • Due diligence: Conduct thorough due diligence on Synthesia’s business model, market potential, financial health, and growth prospects. This information may be limited compared to publicly traded companies.
  • Investment horizon: These investments often come with a longer investment horizon. Assess whether you are comfortable with tying up your capital for an extended period, as it may take years to realize returns from these investments.
  • Diversification: Evaluate how an investment in Synthesia fits into your overall investment portfolio. Diversification is a key risk management strategy, and it’s important to consider how this private equity investment aligns with your other assets.
  • Exit strategies: Understand the potential exit strategies for your investment. Private equity investments typically involve strategies like mergers and acquisitions (M&A), IPOs, or secondary sales. Familiarize yourself with these options and their associated timelines.

For a more comprehensive evaluation of Synthesia’s capabilities, we recommend reading our detailed Synthesia AI review.

how to invest in synthesia

Considerations before investing in Synthesia

Investing in Synthesia’s services: An alternate approach

An alternative approach to investing in Synthesia is by availing its services. Take a look at the various ways through which you can make the most out of this AI tool:

1. Creating commercial videos for brands

One lucrative revenue stream with Synthesia is leveraging its video creation capabilities to produce commercial or explainer videos for brands. Businesses often require visually engaging content to promote their products or services. 

As a Synthesia user, you can offer your video production services on freelancing platforms, catering to companies in need of high-quality videos for marketing campaigns or internal use. By delivering professional and compelling videos, you can establish a steady client base and earn income from your creative video production services.

2. Affiliate marketing with AI videos

Another innovative approach to generating revenue with Synthesia is by creating AI-generated videos optimized for affiliate marketing. Instead of relying solely on ad revenue from platforms like YouTube, you can leverage the power of Synthesia to craft engaging and informative videos. Within these videos, strategically embed affiliate links in the video descriptions. 

By promoting products or services through these links, such as those available on e-commerce platforms like Amazon, you have the potential to earn commissions for every sale generated through your affiliate marketing efforts. This revenue stream diversifies your income sources and capitalizes on the popularity of video content in affiliate marketing.

Unlock the mesmerizing world of AI-generated artistry and unleash your creativity with a brushstroke of innovation by exploring our curated list of cutting-edge AI art tools.

3. Comparison and review videos

Synthesia can also be employed to produce valuable comparison and review videos, further expanding your potential revenue streams. For instance, you can create videos that compare two or more products or services within a specific niche, such as “MailChimp vs. SendinBlue” in the email marketing sector. 

In these videos, you can provide insightful analysis and recommendations. To monetize this content, include affiliate links for all the products or services discussed in the video description. This approach allows you to earn commissions regardless of the viewer’s choice, as they might click on any of the provided affiliate links based on their preferences. 

By delivering informative and unbiased comparisons, you can attract a dedicated audience interested in making informed purchasing decisions.

4. Targeted content creation

An effective strategy for generating revenue with Synthesia involves conducting thorough research to understand the specific queries and comparisons that people are actively searching for online. 

Armed with this valuable insight, you can create Synthesia videos that directly address these queries or comparative analyses. Within these videos, strategically embed relevant affiliate links that align with the content’s focus. 

Looking for alternatives to Synthesia? Explore our article on five AI video editors for quick and professional video editing solutions.

how to invest in synthesia

Navigating the right ways to invest in the services of Synthesia

Conclusion

Investing in Synthesia presents a unique opportunity to participate in the growth of the AI video industry. However, like any investment, it comes with its own set of risks. By conducting thorough due diligence and seeking professional advice, investors can make an informed decision.

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5+ High-Earning High-Ticket Affiliate Marketing Programs

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Plus, How I earn full-time income on part-time hoursContinue reading on ILLUMINATION »

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