Profitable Passion Projects, work from home gigs, laptop or lifestyle businesses; call them what you like, but they are becoming part of the norm these days. It's not just the tech geeks, entrepreneurial millenials or university graduates who are making the most of the internet and technology to get their new enterprises up and running. People facing redundancy, stay at home mums, retired baby boomers and many younger employees from a range of industries are having a go at creating a sideline business.
At a time when job security is at an all time low, creating a sideline business is a great idea as it offers another income stream which could be built up over time to replace your full time job. This is an appealing alternative for those who feel trapped in jobs they don't like, working for employers they don't share the same values with, or just feel their skills are not being appreciated or utilized properly.
Starting your own profitable passion project provides opportunity for you to express your creativity, develop your skill base and network with a different mix of people.
The internet is a level playing field. A woman can make as much as any man through their internet business. A small sole trader can achieve the same positioning on a Google search as a large corporation thanks to search engine optimization and social media networking.
I believe that one of the most valuable skills we can learn today is that of digital marketing. I was about to say that this would be one of the best skills for a school leaver to learn, however, I believe these skills could be just as valuable to someone facing a mid life crisis such as redundancy or even someone about to enter retirement. Developing digital marketing skills can open up so many opportunities for anyone with an once of drive and some spare time to start exploring the seemingly endless possibilities for freelancers or contractors.
Having skills in digital marketing is not a prerequisite to entering the online world of business though. You don't even need to have your own website, thousands of people have developed extra income streams from selling on platforms such as ebay, Gumtree, Craigs List or Trade Me.
If you don't wish to go through the process of creating your own website, researching viable niches, sourcing product or creating a brand etc, then you can purchase a website business that has already been set up for you.
There really are so many ways of creating extra income. You just need to be open to the possibilities and prepared to take action.
I hope this post has been thought provoking.
Become a member
By joining, you get: