The secret to making money isn’t working at a high-paying job, it’s finding creative solutions to people’s problems, and it doesn’t take a fancy degree to do that. To get your creative juices flowing, check out these common and not-so-common ways of lining your pockets. Below that, you’ll also find more general financial advice as well as some money-making ideas for kids.
18. Catering – Do you want to side hustle just on Friday and Saturday nights? Well, you should team up with a catering company, as they often need servers and wait staff just for the events they host on the weekend. Many companies are “call-in”, which means you can work when you choose to.
This is another heavily regulated business and it’s competitive. But companies that need security need it on an on-going basis and typically they need more than one person. That means every assignment you get can be an annuity stream as long as you service the customer well.
What’s more, on the off chance that you are excessively lethargic, making it impossible to remain on your bed for a long time, it won’t take so ache for your to state those two words: “You’re Fired!!”. In any case, telecommuting has a very surprising side. You can work whenever as you need.
Watch out for inflation chipping away at your assets. We’ve all heard an elderly person describe the purchasing power of a coin in their day. Inflation continues to make today’s money worth less in the future. To win the race against time and inflation, learn to invest your money in the right places. A savings account might help you to keep up with inflation; however, to stay ahead of the game you’ll want to invest in bonds, stocks, or some other investment that returns above the average rate of inflation (currently 3%-4%).
You can start as a personal trainer at a local gym. Then try going out on your own. Being known for a particular expertise can help. Then someday you can open your own gym. Maybe even franchise it and go global!
All of these are excellent ideas, and really go to show that you don’t need some groundbreaking new idea to start a business. Just pick one of these ideas that appeals to you and put yourself out there, and you’re already ahead of all the other people who are still in the “thinking about starting a business” phase (a phase that never ends for most people).
Launching a side business that makes money even while you’re sleeping has never been easier. Lawrence Cawood of Vinewave explains how it’s possible to build a multi-million rand business completely on your own, in your spare time, with nothing more than a computer.
As a TTEC@Home associate, you’ll use our technology to support and assist customers with a variety of customer service and technical needs. This could include helping customers over the phone, via chat, or on social media. Best of all, you can do it all while wearing your slippers or flip flops! (To get started, you’ll need internet access and a home phone. Bunny slippers are optional.)
Motivational speakers can earn a lot of money for even a short presentation. But you need to be awesome! And you need to market yourself. I’ve hired motivational speakers for large group business retreats, and I can tell you that once you start giving stand-out presentations that word of mouth travels quickly!