Ways to Earn Extra Money
Do you want to quit your job but have no savings? We tell you how you can save to start your own business.Many people dream of quitting their job, whether it's tomorrow, next year, or in the next decade. However, there is a great gulf between dreaming and acting that seems to be founded on a worldly cause: lack of money .
Obviously, if you want to quit your job, you need to have another source of income to help you pay your bills, save for the future, and enjoy life. But what is the best way to find this capital? How can you earn more money so that in the future you can quit your job and start a business ?
Here are five ways to get some “extra money”:
1. Invest in Real Estate
I learned the concept of “passive income” after reading Rich Dad, Poor Dad by Robert Kiyosaki. Although it is not a real estate book per se, it taught me the importance of having assets that produce money, which led me to the world of property. It is not that it is an easy market, but it can give large profits.
There are many ways to invest in this industry:
Rent a room in your house.
Rent an apartment.
Participate in the vacation rental business ( AirBnB )
This type of business moves like a train - it may take a while to build power, but once it does, it moves without stopping.
2. Write a book
Thousands of people dream of writing a book, but few do. Many think that it is a very difficult task, that they do not have enough time to do it or that they lack the necessary knowledge. The truth is that you can write a book and that text can give you an extra income.
There are several options to publish a work:
You can write a series of short texts on a specific topic and put them on Kindle.
Self-publish through a web page.
Approach a platform or website that has a good audience and write for them.
Use the traditional route and sell your text to a publisher.
Record an audiobook and publish it on platforms like Audible .
Writing a book is no longer the daunting task it used to be. Thanks to technology, the keys to the success of a work are no longer only in the hands of the large publishers.
3. Sell products on Amazon, Etsy, Mercado Libre ...
Never before has it been so easy to sell your products as it is today thanks to electronic commerce. You no longer need to have a warehouse, inventory and employees to participate in digital business.
4. Sell your skills
You are surely good at something. Maybe you know how to handle numbers well, design web pages or write well. The point is that there must be people who are willing to pay for your skills. In fact, many modern entrepreneurs hire freelance services to solve specific business questions.
You could also be a consultant and help entrepreneurs identify what they are missing.
5. Start a blog / vlog
A good way to earn extra income is through a blog / vlog. It certainly takes some time to build an audience of followers who in turn attract advertisers, but once you do, you will be able to monetize your content.
Not only that, these formats can help you build a reputation as a specialist in your field.
To have a good blog / vlog you must:
Have quality content
Make this content known through social networks
Generate a database with the emails of your followers
All the aforementioned tasks have one thing in common: they are not easy. They require discipline, diligence, quality, and time. That's right, you will never achieve the life you want without a little work. However, if you start today, you will be able to raise capital and quit your job sooner than you think.
