It’s easy to unintentionally undervalue your skills, which means it’s also easy to do things for free or very little that you might otherwise use to rake in the dough.
Partly, this is because we tend to take the things we’re highly competent at for granted. Since it’s easy for us to do them, we assume that others could do them just as easily.
But that’s rarely the case. » Read more
For many people who want to start a side business, the goal is to do something quick and easy that’s going to bring in money without then having to expend too much effort. And who wouldn’t want that? I’d like to have money magically roll in too » Read more
Have you ever thought about starting a small business? If so, did you immediately start thinking about how to fund it?
Trying to get a small business loan or using credit cards or a home equity loan to fund their startup is the route that people often go when they’re getting started in business.
But it doesn’t have to be that way. You don’t have to start out in debt or have a lot of capital in order to start a business. You can do so on a shoestring. » Read more
Ask people to name things that are stopping them from making extra money in a side business, and you’ll hear stuff like this:
- I don’t have enough time
- I’m not sure what I could do
- I need to be able to care for my kids
- I don’t have any startup money
- I don’t know how to write a business plan
But those aren’t the biggest barriers to making extra money. » Read more