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The opinions expressed by the entrepreneur's contributors are their own.
It's no secret that we run the aisles Gig economy The typical 9-5 working day is slowly becoming a thing of the past, with the advent of qualified freelancers that are able to generate six different sources of income flexible work Hours.
If you are looking for work or have a full time job but want other sources of income, I highly recommend getting one additional job . Before I started working on our startup Due, I mixed four or five different projects at the same time. I could work in peace and I had direct control over my potential income . Even now that I work full time, I won't stop exploring new opportunities.
If you're looking for alternatives for a different income, check out these four part-time jobs anyone can start today.
1. Start your blog
One of the most popular ways to generate extra income is to start your own blog. Generating any significant income from a blog (or any income) takes a lot of time. If you want to make money fast, this is probably the best place to start. If you're willing to invest enough time, it's worth the investment.
To start with, I recommend that you choose a topic that you are very passionate about. This is a great way to create meaningful and amazing content. Next, choose a domain name and buy a server. WordPress offers a variety of options if you want to create and condition your own blog.
It is best to focus on content that is useful and that will grab your audience's attention. For example, when writing a travel blog, focus on the best places to see or eat out instead of how much you miss your dog and home. Here are a few ways you can improve your blog:
Find sponsors: Whether it's a logo or a dedicated page, sponsorship is a great way to create constant flow to your blog. For example, if you have a fitness blog, look for sponsors from brands related to the topic to help you gain more appeal.
Sell advertising space: This is a problem because you don't want to scare off your readers by cluttering a blog with ads. Try to use native advertising strategies to edit the ads from the content.
Invite contributors: Other bloggers in your industry may want to pay for guest ads or paid content. This is a great way to make extra money while producing more content.
2. Equity crowdfunding
Unlike premium-based crowdfunding, crowdfunding stocks allows investors to purchase real securities for their investment.
I suggest checking out some stocks crowdfunding platforms to familiarize yourself with the process. Crowdfunder is a platform that acts as a market for both investors and startups. Indiegogo also offers crowdfunding opportunities for stocks. Both platforms also provide plenty of information so that you can educate yourself before investing.
If you already work for a startup, this is a great way to meet other companies. It also gives you an overview of both sides of the fundraising process. As an entrepreneur, you have to constantly expose yourself to new facets of the business. Equity crowdfunding is a great learning experience and potential income opportunity.
3. P2P loans
Peer to peer Loans enable individuals to obtain loans without having to deal with banks or other institutionalized lenders. Platforms like Lending Club and Prosper make it possible for almost anyone to become a lender.
These platforms are very popular with individuals and businesses looking to get a quick and easy loan. However, the interest rates on these platforms are usually higher. The average interest rate for LendingClub in 2016 was around 12 percent, with interest payments of more than $ 300 million. When you have a little extra cash, peer-to-peer credit is a great way to put your money on work.
These platforms also help lenders by researching and rating borrowers. The general rule of thumb when investing is to hedge your bets. So never put all your eggs in one basket. Before you begin, check out some lending club stats.
4. Outsource a micro business
This is one of my favorite part-time jobs as it will test your true skills as an entrepreneur. Being an entrepreneur means being resourceful and creating opportunities out of nowhere.
I remember when I was working on my first startup. I had a friend who asked me if I knew how to develop a website. Since I didn't know anything about web development, I gave him a short answer: "Yes, of course I do." I ended up finding a developer and helping my friend build his website. As this was a good friend, I didn't charge him, but I realized that he had created a potential opportunity.
Whether it's web development, graphic design, or even marketing – there are many ways to make buyers and sellers profitable. Platforms like Fiverr and UpWork give you access to thousands of tons of freelancers with diverse skills and experience. Once you are able to block some projects, I suggest finding a virtual collaborator to whom you can delegate most of the work. You can create a virtual development store without leaving your home.
No matter what yours is current financial situation is It is always important to look for new income opportunities, especially those Make money while you sleep . If you are a run-of-the-mill business owner, try one of these part time jobs so you can get ahead and limit your earning potential.