How to earn extra income for my family?

How to earn extra income?

• hi all,im a Information Technology lecturer in a college.is ther any way i can earn extra income in a good way not to mention quick rich scheme.im not good either approaching people to buy things from me like AVON, Cosway, insurance or anything like that and there is NO market for me to do home tuition on IT.i feel im wasteful as i have no talent in anything.but i need extra income as my son is growing.i dont have cash money for me to invest in any shares or something like that.i woudlnt say i want to be rich ...but just to earn some extra income to have some cash flow on every month.

• Answer:

  I know a lot of different people who needed to make extra money on the side for different reasons. What a lot of people did was start a small business on the side to generate the income that they needed. They worked it around their current careers right from their homes. Home based business are not difficult to do. The income opportunities are incredible. A lot of people find it's better economically speaking to make money on the side this way, then spending the driving time, gas and the hours and the low pay. Home based business, you have the opportunity to make as much money as you want, depending on how much effort you put into it. If your going to get a part time job, it's more Practical to have your own business and put the same amount of time and effort as you would a normal job, but get more out of it. Not just the income part of it, but once you start a home based business, just about everything in your home that you use every day becomes a tax write off as well. Things like your telephone, electricity, Gas, Internet, cell phones, auto expenses etc etc. There are so many different home based business to start up. Things from Child Daycare Centers (you would really need to make this a full time job though), catering, kitchen appliances, Telecommunications, fishing charters ( You'd need to make this a full time job), Candle Making, Travel agents, Tax Preperations, Health etc. Most home based business cost under $500 to start, which should include all your billing, customer service, Inventory, Accounts payable, payroll, accounts receivables, employees, workman's comp, licensing, etc etc. You usually don't make money the first day you start a business. Just like you don't bring cash home from a job on your first day. You have to build up your business, no matter what business you get involved in. The more effort you put into it and how hard your willing to work it, will depend on when you start making a sufficient amount of income. The more you put into it, the more you will get out of it. Depending on which one you get involved in, it usually takes about 2 to 4 weeks to start making an average income. This is about the same time frame as a pay roll period in a normal job. Then it's about 4 to 6 weeks to increase that and 3 to 6 months to be self sufficient. If you put the time and effort into it. That's the key thing right there, is you need to put some effort into it. A few hours a day is all you need to do. Most people start their business on the side of their current careers and build their business. When their business reaches the income level they desire, they put their normal jobs down and continue working out of their homes with an industry. This can take from six months to a year to be able to do. Some people have done it in less, but they put a lot of effort into it. My husband and I started our home based business over six years ago. We both work out of our home around our children's school and sports activities. We got involved in an International telecommunications service provider that was started back in 1993. It's a 15 year old, world wide company that's in numerous countries. It's the largest direct selling telecommunications service provider in the world. With headquarters in Farmington Hills, Michigan, Charlotte, Amsterdam, Sydney and Montreal. They have been featured in several magazines like USA Today, Success, Fortune etc. Inc 500 rated them the 22nd fastest growing company in revenue in it's first five years. They are registered with the BBB as well. They market in services people use every day and pay for anyway. Services like Local and Long Distance telephones, Internet, Digital, video phones, Satellite TV, and all the major cellular phone companies like T-Mobile, Verizon, AT&T, Sprint, Nextell, Altell etc with the latest plans and most popular equipment. You help put them on a new 2 year contract plan or upgrading and extending an existing contracts through all the major cellular phone providers. You also help them save money on all their other telecommunication needs as well as Satellite TV. Every single month these people pay their bills, you make a percentage over and over again each month. That's just one way we make a living off of. There is a lot of other different ways to make money in this industry. This is one idea for you. If you'd like some more ideas, I created a blog on my 360 page on home based business opportunities. Your more then welcome to take a look and have a few more options for you. If you have any questions feel free to email me at [email protected] Good Luck! Tiffany