Out of a job may be, tired of slaving away for the benefit of others, well this is for you. 5 ideas to get you on your way to financial freedom and a bit more peace of mind. The internet has created an endless possibility of career opportunities that people are yet to realise.
Benefits of working at home are plenty. You control your time, choose your working hours and there’s simply no rush to get to work in the morning. You have your own personal space and clearly a better environment because well, you’re at home. You’re only as comfortable as you’d like to be but don’t let that distract you. A lot more money is forthcoming since you choose what to work on and what to invest in. You’re not going to get rich by renting out your time. You must own equity, a piece of a business, to gain your financial freedom. Finally, when you start your home business you’ll get exposure to the many different sub-niche working areas, increasing your revenue streams all around.
You control your time, choose your working hours and there’s simply no rush to get to work in the morning
Possibly one of the easiest way to start earning right from the comfort of your home. Dropshipping is a retail fulfilment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly. You simply have to look up what sells best in what location, have a strategic market plan for penetration and reach to the target market. Purchase your goods and sell them online. No sweat at all, if you get enough research in. All you need is starting capital, which varies hugely on the product you choose to sell. You can get started with Shopify or BigCommerce.
2.Set Up an E-Commerce Website
E-commerce websites are getting a lot more traction as each year passes. There are various approaches you can take with this such as affiliate marketing and advertisements. Affiliate marketing is a type of performance-based marketing in which a business rewards you for any traffic brought to its company or service. Traffic refers to visitors to your website. It is simply promoting a product and earning commission from it. This requires quite a bit of traffic to your site, which goes hand in hand with your work, marketing and time spent on building your site. Advertising companies need your site’s traffic for a wider reach. Build your website and register for advertisements from Google Ad-sense and get earning from home. By all means, getting people to visit your page isn’t a joke, but you determine what your site features, get a niche where people would be interested and constantly visit your site, for example, a news blog.
3.Become a blogger/vlogger
Nowadays you have access to all sorts of streaming services enabling every small interest and niche to be put out in the open. Everyone wants on-demand personal content that he/she relates to the most. Find your target market and write or create videos suiting your viewers and voila, you’re earning. Writing and vlogging are free, you don’t pay taxes to the government, at least in my country(Kenya) so take advantage. Get creative. Youtube starts paying after a certain number of followers or subscribers. As for blogging, choose everyday content for traffic and once you’ve caught on, focus on your niche or interest and make it work. Companies pay for articles to be written on their product or service.
4.Learn Basic Digital Marketing
Learn and master Search Engine Optimization. This refers to getting a website to rank higher for certain “search terms” in search engines like Google. The higher the website ranks the more relevant traffic in brings in resulting in higher revenue. A very high valued skill in internet marketing. Get freelancing jobs in SEO, companies pay highly to get the service. Google is always changing algorithms so it’s a fairly difficult skill set to acquire. Facebook is an ever-growing social media platform, making businesses spend more and more on Facebook ads. Put in mind Facebook, Instagram and Whatsapp fall under the same company and are all influential thus having additional knowledge in advertising will have added benefits in the coming years. A lot of companies don’t know the in and outs of social media handling thus take up the opportunity. You can learn this relatively quickly.
This is being self-employed and hired to work for different companies on particular assignments. Freelancing ranges from graphic design to consultation on different fields, the list is endless. Do what you love doing, or simply build yourself as a brand and work on your career on your terms. Build your online platform on different freelancing sites:
Freelancing is a great way to start if you’re looking to work at home since it doesn’t really derail you from your career. Most of the freelance websites also have material to help you learn different skills, take advantage and acquire new skills every day.
Additional ideas are:
- Sell products on eBay and other e-commerce sites.
- Become a web developer
- Start a consultancy business
- Create SaaS(Software as a service)
- Technical Writing
- Self publish a book on Amazon