Many are interested in the question: how it is best to work — for yourself, or as an employer. There is no definite answer here. As hard as it is to admit it, not all people are good entrepreneurs. For many, it is simply more comfortable and pleasant to do what they are told, and not to rack their brains. The majority are “led” people. But there is nothing wrong with that.
If to consider external reasons, then the standard method of making money on a salary has an undeniable pro — stability. You know how much you will get in one month of work, and you can plan your budget. Another thing is that the overwhelming majority of salaries are now of such a level that this money is enough only to cover permanent needs. But if you want, for example, to buy a car or a flat, you will have to use credit money and redistribute the monthly budget.
Working for yourself allows you to go beyond this circle of stability and get more money. However, if someone says that you can do this without straining — do not believe it. Any income is hard work. And often in work for yourself you have to work many times more. What is the point then? The answer is a threshold. Working for a company, you cannot, no matter how hard you try, exceed your threshold (only in the perspective of advancement, and even that is not guaranteed). But working for yourself gives opportunities. How to take advantage of these opportunities is up to you.
Three Options to Consider
Consider the three main ways to make money. Interestingly, all of these areas can overlap. Many people succeed, starting with small things, for example, some home business, to gradually advance and move to a qualitatively new level, organizing their own successful business.
1. Online earnings
For such work, in fact, only a laptop and sometimes a phone is required. But now there are so many different employment options online that it makes sense to separate them into a category. Activities for making money on the Internet:
- Online store. It is easy to create your own small online store. And you can sell through it both your own product and someone else’s (buy and sell).
- Forex trading. It is better to start from demo trading, learn the main peculiarities of the financial market in Nigeria, develop your own strategy and earn money. And do not forget to read the Forextime blog, there is a lot of useful information for novice traders.
- Investing in projects. The Internet allows you to become a member of many investment programs. However, you need to understand the case, because you can easily lose money.
2. Own business
The essence of your own business is not that it frees you from something, but that it gives you opportunities. And how to use these opportunities is up to you. But for starting your own business, the only idea is not enough. There is a lot of preliminary work to be done before you start. This work can be divided into several stages:
- creation of a competent business plan;
- business study;
- staff recruitment;
- business registration.
3. Work from home
Owning a business or a franchise activity is certainly good, but many people want something less risky and less costly to start with. Therefore, a frequent request is how to make money at home. Moreover, this option may be transformed into something larger in the future. This type of employment includes:
- home procedures — manicure, hairstyles, massage;
- sale of handmade products;
- growing of plants for sale and breeding of rare animal breeds;
- growing agricultural products;
- cleaning of premises on request;
- nanny employment;
- dog walking;
- keeping a house, flat, or garden plot on request;
- courier services for different organizations.
There are many such activities. And all of them are characterized by the fact that you do not work for a company, but offer your services one-time, choosing which offers to accept and which not and at what time of day to work. To determine what you can do in this area, you must understand what skills you have and what you can offer the market.
How to Make Money Fast? Top 5 Additional Ways to Earn Money
Most often, when a person asks how to make money, they mean how to make it quickly. And often effortlessly. You cannot do it without effort. But quickly is quite possible, especially if you do not count on millions of dollars in profits but adequately assess the situation. It is even better if you have any skills at the same time. Even the ability to communicate with people. Possible ways to make money quickly:
- Selling unnecessary things;
- Offering paid training and consultations;
- Intermediary services for the sale;
- Advertising on the Internet;
- Resale of digital objects.
Most of these methods require certain skills or “property” in the form of, for example, a promoted website. But you have to get used to the idea that, in any case, you are wasting something (at best, time).
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