Now that we’re into the last month, it’s time to start planning for the new year. Don’t wait until the end of the month. Spend the next thirty days really looking inside as to what you want and where you want to go.
Is this the year you start your business?
Some people need to keep their current job while they start their business. And that may be a bit tough at first. But keep visualizing your end goal which is to own your own business.
It makes it easier when you’re trying to decide if you should blog or if you should watch some mindless television. Spending even an hour a day will help you build up your business and increase your income.
You should work your business for some time even after you’re making good money. Put the cash in a special account and call it your Freedom Account. You should have at least six months of expenses saved up. Sometimes being a small business owner can have cyclic income. And you don’t want to get into debt if you can help it. So build up that cushion.
Good Part Time Businesses
There are quite a few businesses you can start up and work on part time. They won’t need much attention.
This is where you would set up an online store using a platform like Shopify or FreshStore. Or you can set up a blog site. You obtain products through affiliate sites like Amazon, ShareASale, Clickbank or others. Then you can either stock your store with products, or write detailed reviews. When people click and buy the product, you get a commission for the sale.
You will have to regularly update and drive traffic. That’s the downside. The upside is that you can earn money while you’re at your other job.
Plus, if you can capture email addresses, you can send regular emails with additional affiliate product recommendations. This increases your lifetime customer value. Then some day, you may create your own product, and you’ll have a list of people who could be your first buyers.
Do you enjoy writing but don’t want to take the time to set up your own blog? Write articles for other people. You can sign up at sites like iwriter, hirewriter, textbroker and fiverr. With fiverr, you would write when someone hires you. With the other three sites, you can select a gig and write it. The more experience you have, the more money you make.
You could earn $10/day writing one or two articles that are less than 1000 words in total. That may not seem like much, but banking $300/month will help build up your buffer easily. And once you start writing regularly, you’ll get better at it.
If you need to practice, you can publish articles at ezinearticles. Then you can put something in the footer that you’re a freelance content creator and you may get hired by people wanting to pay a lot more money.
Some day, you may get hired to write ebooks which pays quite a lot more.
Go check out the sites and see what you think.