Would you like to make money from home? Whether as a full-time career or just to earn a little extra cash, who wouldn’t like to make more money and have some extra cash in their back pocket?
The level of desire will depend on your individual circumstances. If you are in a decent job and leading a comfortable lifestyle, you may want to make some extra cash on odd occasions by selling excess items from around the home.
However, if you find your household income suddenly reduced, as I did a few years ago, the matter becomes more pressing and quick, simple ideas need to be actioned quickly. And with soaring fuel and energy bills at the moment, many of us are looking for ways to increase our income to help with the strain on the household budget.
The best way I have found to make money is to find something you enjoy doing and turn that hobby into something profitable (selling on eBay was not something I enjoyed at all!!!!!).
These days, working from home seems to be what increasing numbers of people are talking about. Working from home seems like a great situation. The problem is trying to find ways to earn money that you enjoy doing and is sustainable for the long term.
Ideas how to make money from home
Sell your skills
Everyone has a skill that someone else either can’t do or doesn’t have the time for. It’s time to start thinking of these skills as a viable way to make money from home. Advertise your skills in your neighbourhood. Maybe you could do the ironing, dog walking, gardening or babysitting.
Create an online course
What do you know that others would love to learn? Create an online course and sell. This can be done in a variety of ways.
- Video yourself teaching your expert subject
- Create a written course or ebook
- Record a PowerPoint presentation with a voice over
Online courses can be a great way of making money from home as once you have your course created, it can be sold repeatedly and with no limit on how many you sell. Also, there will be minimal additional costs once you have the initial set-up done and dusted.
Turn your hobby into a business
What do you love doing in your spare time? What do you never get tired of doing? There are so many hobbies and yours will be personal to you but here are a few ideas:
- Love baking – sell cakes
- Writing – offer blog writing services
- Playing music – teach others online or in person
- Gardening – offer gardening services in your local area
- Photography – offer photography services and sell images to stock photo companies
- Crafting – sell at craft fairs or online on handmade sites such as Etsy and Not on The High Street
Become a freelancer
Freelancers tend to work with business clients rather than the general public. In the same way as thinking what hobbies you love doing above, what aspects of your job, current or previous, did you enjoy the most and/or were best at?
This could be things such as:
- Graphic design
- Writing
- Organising events
- Bookkeeping
- Web design
- Social media
- and the list goes on …..
Think about services you could offer to businesses on a freelance basis. And if you have a wide variety of skills consider becoming a Virtual Assistant.
Sell on eBay
Who doesn’t have a treadmill or box of clothes sitting somewhere collecting dust? Gather up all of the things that you don’t need anymore and sell them on eBay. Some people find that they really enjoy doing this and continue after they’ve cleaned their own house by purchasing things cheaply at garage sales and then reselling them on eBay. You can also buy things at wholesale prices that you can then turn around and sell for a higher cost.
Affiliate marketing
You can make money from home by recommending products. Affiliate marketing pays you a commission every time a person buys a product that you recommend. It’s usually done online so best if you have a website of your own that generates a decent level of traffic. The great thing about affiliate marketing is that once you’ve set up the process, you can keep earning money residually.
Multi-level marketing
Direct sales or multi-level marketing is another popular method to make money or start a home-based business. You will get a commission on products that you sell through direct sales. You can also choose a multi-level marketing (MLM) system which pays commissions through several levels of sales reps. Whichever method of sales you prefer, there are hundreds of products you can choose to sell. You can sell anything from books to vitamins to skin care.
If you decide to go down this route, do your due diligence. There are too many companies that will lure you in with the promise of high levels of income that are highly likely never to materialise.
By now you should have some idea of what you want to do. Don’t forget there will be rules and regulations you will need to follow when starting a home based business that you will need to abide by.
And remember you should always try to have fun when you work from home. It will keep you motivated to keep earning. Good luck with whatever you choose to do.
*Do you need a little help to get your idea off the ground? Become a member of The Small Business Kit today.
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