Three Money-Making Ideas

Economy is not doing too good and many people have lost their jobs. If you suspect that you are the next person to be retrenched, then it is time to open a back door to your career. Do not panic because this global crisis might be the opportunity that you need. Did you know that many millionaires emerge from time of crisis rather than good time? Tough times produce tough people.

When your employer gives up on you, you must never give up on yourself. This is not the end but the beginning of a new adventure. You still have the talents and experience. The external situation does not change the internal situation inside you. You are able to ride above the storm if you are willing to trust in all that God has blessed you with.
 

Robert Kiyosaki is correct in saying that the rich people are those who make money from investments and businesses. It is better to be an entrepreneur than an employee.


Let me show you 3 great opportunities during this crisis time. You may be able to make money and maybe even more money than ever before.

1. Launch Your Own Business

When I first started my supermarket business, I did not have much money. With an investor's money of only USD50,000, I started a business that later made millions. Use the OPM approach. OPM means 'Other People's Money'. There are people who have money and they are willing to invest in your talents and business schemes.

What happens if you do not have any investors? You can still launch your business by selling other people's products. Many companies are looking for people like you. They are willing to give you a very good commission if you can move their products. When your business grows, you can recruit others to join you. These small-time entrepreneurs will be willing to sell your products without a salary. Like you, they also work for commissions.

One lady launched her home-grown organic business by selling for an organic wholesaler. She bought a carton of organic apples at wholesales price and sold them to her neighbors, relatives and friends. Her business improved and she graduated to ten cartons. Today, she has workers distributing her organic products in vans to the homes in different housing estates.

2. Start Affiliate Marketing

One of the businesses that needs the least investment is internet marketing. Unlike what most people think, this is not a get-rich-quick scheme. Too many people fail in this business because they have been greedy and unwilling to pay the price of hard and diligent works.

Affiliate Marketing is an ideal internet business for internet newbies to try first. You just need to learn how to create a couple of interesting blogs or websites and promote articles and e-books written by other authors. When a sale is made, the owner of that e-product will pay you commission up to 75 percent of the sales price. Some owners even give as much as 80 percent.

The most exciting thing about this business is that even when you are busy with other things or sleeping, it continues to make money for you. Before you begin, you will need basic education concerning internet marketing. This will ensure that you are not just 'getting a fish but learning how to fish'. I strongly recommend you to join the online course offered by Wealthy Affiliate University.

3. Become A Consultant

You definitely have some skills that the market need. All you have to do is offer these skills to others. Becoming a consultant is easier than you think. One friend who has basic computer skill is teaching retirees at special senior citizens classes. Another who is very good at cooking is teaching basic cooking for new homemakers at community centers. She even sells her own home-made photocopied recipes books. One young man is teaching arts to primary school students.

Many new businesses depend on free-lance consultants to help them develop various aspects of their business. Some projects such as staff development, computer programing, website designs, interior designs, data entry, book-keeping etc. are available in the market. All you need is to make your service available to the public. You can also bid for projects that appear in the daily newspapers. To make a couple of thousands a month by free-lancing is most viable.

Discover Your Market or Niche 

Find your market or niche and you will soon become an entrepreneur or consultant. Everything you need is within you. Never despair because there are many people who need your help and service. Begin learning about internet marketing now because you will be able to offer your talents and service to a wider market. Take the course offered by the world's best internet university.

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