Have you recently lost your job due to the closure of a business? Pandemic? Or you are short of money because of a salary cut? As there are fewer and fewer jobs in the market, with hundreds of applicants for each job, your new job options are limited.
It’s time to step out of your comfort zone and explore ways to work from home or make money under strict restrictions. First ask: what can you do? how is it? where is it? How much can you make?
Rent your time. Have you realized that renting out your time in exchange for money is the basis of all formal work? By freeing up time, apply the same principles to self-employment or earning a small amount of income from many customers.
The easiest is to complete tasks for others as a freelancer. You can find customers and tasks on websites such as Upwork and Freelancer, where you need to set up a payment account. By cooperating with startups or friends’ businesses and providing services such as data entry, remote customer service, or recording sales leads, you can gain greater continuity through time commitments.
A better version of lease time is to sell skills.Write a list skill You are better than an inexperienced employee. Now find individual customers, aggregation platforms, or small businesses who are willing to pay for any of your skills.
You will be paid for achieving results or investing a lot of fixed time in translating documents or content in another language, transcribing recordings, or helping small businesses with accounting entries.If you like diversification and have more time, then do a remote Office assistant For busy founders or small business owners, you can handle multiple small tasks in it. If you set up a tiffin service, even regular skills like cooking can make money.
Improve the value chain with in-depth knowledge and communication skills. You can share your expertise as a mentor, consultant or teacher. You will get regular or hourly payments. With experience, you can guide business owners in exchange for money or part of their business. As a financial or marketing expert, you can consult companies on projects or issues.
When you create potential customers through recommendations in the network, guidance or consultation is the best. Or, consider online tutoring, or teaching alone, or teaching through platforms such as Vedantu and WhiteHat Jr.
Use your funds to create income through your own financial knowledge. By understanding mutual funds and growth or dividend stocks, you can make better use of your funds than a savings account. Or, invest in creating and selling products through e-commerce marketplaces such as Amazon or Flipkart.
You can also sell your work through distributors such as Meesho or Shop101, where you can use their existing catalogs without investment. If you feel comfortable, you can consider lending money to a family member’s business, because the money is safe and you can earn higher monthly interest. With greater risk appetite and time investment, you can consider lending through a P2P lending platform like Faircent.
You can also unleash your creativity through an Internet connection. If you like photography, you can upload high-quality pictures in image libraries such as ImagesBazaar. When people download your work, you will get paid. Like to make videos? Use video sharing platforms such as Youtube.
If you are a writer or blogger, please create a readership through platforms such as blogs or Medium. You can also make money by creating content based on assignments: baking cakes, drawing on demand, online music lessons. You can learn how to build social media followers and target major leagues. As an influencer, you can make money through advertising, sponsored posts, and brand ambassadors.
Any technology-related skills are enough to get you forward. If you can code or are willing to learn, then there are individuals and small businesses that need your services to run a website, automate tasks, or build part of a solution, and they lack the technology. If you are good at social media, you can help develop strategies and efforts or enhance your brand. Learn affiliate marketing to earn commissions by generating traffic or sales through client websites or your own website. In each space, start with a freelance platform, then use your own network to add new clients.
The biggest revenue growth comes from the use of two multipliers. The first is your connection ability. Discover and use the connections between different situations and people to find new solutions or form a team that can find solutions. Look! You are an entrepreneur. Look for tasks, projects, or internships that can accelerate the learning of new skills through the scope of the problem or the types of people involved. Even if you work for free, you are creating cash flow and wealth for your future!
How to lose money faster
First, stop losing money faster than making money. Idle at home? You may receive various reminders about the next big thing in the stock market or consumers. Instead of buying blue chip stocks or basic reliable technology for your new business, you invest in the hottest stocks or the most expensive technology and lose a lot of money.
Do you trust the shopkeeper’s mathematical calculations and pay the bill without checking it? If not, then why give your money to someone who promises 10 times the return in 10 months, his efforts and your money? Do your own calculations instead of betting your money on yourself. Don’t let your brain deceive you with the temptation to make easy money.
I feel very lucky. I took a loan. And lost everything in online poker. Or it may be illegal. If there is no work time commitment to keep busy, there will be more mood swings. This can lead to dangerous behaviors related to money, time or health. Keep your feet on the ground by investing time in regular communication with friends and family.
Fear of the future and temporary cash difficulties can lead to poor long-term commitments. It is okay to choose what meets your current needs, as long as you can walk away when better long-term options emerge. Don’t lock yourself with someone or something too quickly until you are sure of your immediate and future rewards.
I didn’t hear the chance knocking because I was wearing headphones! Without being forced to commute to work and socialize in the office, it is easy to spend several weeks at home and fall back into an empty shell. When you no longer meet people or go out to seek relationships, you will miss employment opportunities and stifle future income.
(The author is the author of professional coaches, mentors and sorting hats.)