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3 Business Ideas That Will Lead You to Financial Freedom

3 Business Ideas That Will Lead You to Financial Freedom

Most of us work to earn money and improve our living standards. However, the sad truth is that we need money in order to make money. However, not everyone agrees with this notion anymore.

Nonetheless, you cannot expect to live a luxurious life in the US with what most jobs pay. For example, teachers earn around $29,000 in some states, preventing them from living their lives the way they’d like to.

So, what do you do in such a scenario? The easiest option is to start a small business and see where it takes you. Now you may say, “I need money to start a business”. Worry not. There are some non-conventional business ideas that you can start without much savings. Also, they don’t require you to quit your job, as you can concentrate on both, your office job and your new business.

So let’s have a look:

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1. Use The Free Space that You Have

If you have a big house with free space you can use it in a number of ways. You may welcome a tenant, and enjoy monthly rent.

If you do not wish to bear the trouble of dealing with a tenant, you may use the empty space as a warehouse and rent it out. There are a number of companies and individuals looking at hiring space to keep their goods or just to hold business meetings. You will not have much of a trouble finding people interested in your space.

And not just this, you may even use your porch. If you live in a populated area, you may rent out your parking space at an hourly rate. This is a quickly growing business that doesn’t require much from you.

There are many websites where you may get registered and let people enjoy the benefit too. Plus, there are no expenses. You can post an add online, sign up at a website that helps you get in touch with tenants or just set up a banner outside of your house.

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2. Provide Training

If you are good at anything, you can use it to earn money. People all around the world are willing to learn, all they need is a tutor and you can be one.

For example, if you are good at makeup, you can start to teach makeup at your place or even online. This is a fast growing industry and some makeup artists are making millions. Some like Huda Beauty have started their own fashion line even, so the potential is unmatched. You may even become an MUA and offer your services to others.

However, makeup is not the only thing that you can teach. If you’re good at art, driving etc., you can start teaching that in your free time. However, some of these may require proper education and licenses so make sure to check with your local authorities before you begin your new business.

3. Start a Virtual Business

The Internet has billions of users, and the best thing is that you’re not limited in any way. It doesn’t matter where you live, you can reach everywhere with the help of the internet. All you have to do is come up with a saleable idea and go with it online.

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The good thing is that you do not necessarily have to sell a product to earn online. You can just have a blog and share your thoughts online and turn it into a business. There are several ways of doing so, they include:

  • Earn from advertisers
  • Become an influencer
  • Become an affiliate

All these ideas have a lot of potential, however, the right option largely depends on what you are capable of. For example, you can earn thousands from advertisers like Google Adsense, however, it’s beneficial only if you have a large number of visitors.

And to be able to reach a wide audience you will have to spend on online marketing and provide your users with quality content. On the other hand, being an influencer requires a lot of time and effort. It’s about getting so big on the web that people are willing to pay you to speak about them.

Lastly, the option to become an affiliate doesn’t require much. Concepts like multi-level marketing are also quickly growing and have changed people’s fate. The concept revolves around selling products using your website and even offline means to earn a commission. This may not look like a very good idea on paper, but a number of people have turned it into a successful business.

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Conclusion

These three small business ideas are non-conventional and anybody can start them. However, don’t get confused, concentrate on one that you think you can do the best.

For example, if you like to be on the web then you should consider going online and start doing something in the virtual world, and if things go great you should consider streamlining your business by setting up a sole trader or limited company, but before that you should be aware of advantages and disadvantages of forming a company, and be sure of what works for you in a given situation.

Lastly, if you think you work better as an entrepreneur, then consider other options. They may not look like major ideas, but they have the potential to be big if you work hard.

Featured photo credit: newsweek.com via s.newsweek.com

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Ahmed Raza

CEO of Samurais.co

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Last Updated on September 20, 2018

How to Be Happy at Work and Find Fulfillment in Your Career

How to Be Happy at Work and Find Fulfillment in Your Career

If you’re going to spend 1/3 of our life at work, you should enjoy it, right?

Trust me, I know that’s easier said than done. Difficult coworkers, less-than-desirable tasks, or even just being in the wrong position can all lead to a lack of enjoyment and fulfillment in your work.

But what if I told you it doesn’t have to be this way? Or better yet, if you struggle with all of the above (and then some), what if I told you that enjoying your work and finding fulfillment regardless of those obstacles is possible?

Don’t believe me? I don’t blame you because I was there too. Before implementing the tips below, I struggled to get through each day, much less find real fulfillment, in the office. Now, even after the toughest days on the job, I still come away with feelings of pride, accomplishment, and fulfillment. The best news is, so can you.

If you’re ready to make those hours count and find happiness and fulfillment in the office, then read on to find out how to be happy at work and find fulfillment in your career:

1. Discover the root(s) of the problem

For this first step, we’ll need to think back to 8th-grade physics (humor me). We all know Newton’s 3rd law, “for every action, there is an equal and opposite reaction.” When you think about it, the same can be said outside of physics, and we see this law play out in our daily lives, day after day.

Simply put, all the issues we deal with in the office (and life in general) affect us in a noticeable way.

If you’re appreciated at work, like the work you do and receive frequent praise, promotions, or raises, then this will probably have an altogether positive effect on your life in the office.

But what if we reverse this? What if you feel under appreciated, get passed up for promotions, or get denied raises? This is sure to affect the way you feel at work on a negative level.

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So, before you can implement the steps of feeling happy and fulfilled at work, we first have to discover the reasons why you don’t feel that way already.

Think about it, write a list, or make a mental note. Run through all the reasons you’re dissatisfied in the office, and don’t hold back. Knowing the exact obstacles you’re facing will make overcoming them that much easier.

In fact, as a side-challenge to this article, I recommend picking the top three reasons contributing to your dissatisfaction at work and using the following tips to tackle them.

2. Practice gratitude for an instant uplift

Did you know the simple act of feeling grateful can increase your happiness and make you more fulfilled at work?[1]

Well, it’s true, and it’s scientifically proven.

Dr. Lisa Firestone notes that practicing gratitude “reminds us of what we lacked in the past.” Meaning, it serves as both a boost to happiness and a bit of a wake-up call that things have been or could be, much worse.

Trying to conjure up feelings of gratitude can seem almost impossible when your work situation seems bleak, but hear me out: There are incredibly easy ways to get started and it doesn’t involve trying to “force” yourself to feel grateful about things that stress you out.

For an instant pick-me-up, try this:

Find a loose piece of paper, a blank sticky note, or anything you can write on, be it physical or digital. List just three things that you are absolutely without-a-doubt thankful for in your life.

Now here’s the trick: Don’t just list what you’re grateful for, you have to list why you’re grateful for them, too.

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For example, simply saying “I’m grateful for my kids” will probably make you feel good, sure, but what if we could amplify the warm, fuzzy feeling into real, lasting motivation?

Instead, write the reason you’re so thankful for your children. Is it because they make you laugh and forget about other stressors? Or maybe they help to remind you of why you go to work every day in the first place?

Whatever your reasons may be, jot them down and keep your list somewhere you can see it while you work. A quick glance at your gratitude list throughout the day can provide powerful, positive motivation to keep going.

Bonus:

If you can find just three things to be thankful for that specifically relate to your job, and list why those things make you grateful, your list can also help you find fulfillment in your work itself which can give you an even bigger boost of positivity throughout the day.

3. Take meaningful time for yourself

We all know creating a strong work-life balance can be crucial to feeling satisfied in our jobs, but rarely do we ever address how we’re spending our time outside of work.

Many of us survive a 9-hour work day and commute home only to find ourselves busy with our personal to-do lists, running a household, and taking care of a child (or 2 or 3, and so on).

If you spend all your time working, whether in the office or within your household, you’re going to feel drained at some point. This is why setting meaningful time for yourself every day is highly important.

Look, I get it: I don’t know anyone in the working world who can shun all responsibility for a 3-movie marathon or happy hour with friends whenever they feel like it. But finding time for yourself, be it just 30 minutes to an hour, can really make a difference in how you feel at work.

This works because you’ll have time to actually relax and let the day’s stress melt away while you enjoy something just for you. The to-do lists and stressors will still be there after you’re refreshed and ready to tackle them.

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No time for me-time? Try this:

If you have a busy household, you’ll need to capitalize on a block of time you know will be completely uninterrupted. The easiest way to do this: try waking up 30 minutes to an hour earlier than usual (or push bedtime back an hour if you’re a night owl, like me) and take time to do something you enjoy.

This could be reading with a cup of tea, catching up on Facebook, spending time on a passion project—anything! As long as it’s meaningful to you, it works!

Bonus:

Starting your day with meaningful time for yourself can set you up to have a positive mood that lasts well into office hours, and having your me-time in the evening can give you something positive to look forward to during the day.

4. Get productive and feel accomplished

Don’t you just love the feeling of checking the last item off of a hefty to-do list? That’s because self-motivation can be a huge driver of positivity and success.

When we accomplish something, no matter how small, it makes us feel good, plain and simple. Applying this tactic to your daily work can be the motivator you need to find fulfillment during the daily office grind.

While there are tons of steps to get more done at work, I’ll share my personal favorite: Prioritizing.

Now, many people handle prioritizing differently. Some like to tackle the little tasks first so they can spend focused time on the big to-dos. Others like to knock out the big items first and get to the smaller ones when they can.

No matter which camp you’re in, you may be missing one crucial step: Time management.

So how’s this work? When you factor in the amount of time your priorities will take, it can transform your productivity ten-fold.

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Say you have three top priorities for the day. You might jump into the smaller ones or the bigger ones depending on your preferred method, and then find yourself out of time and bringing work home with you at the end of the day.

This is prevented when you factor in time. Knowing how long each item will take, or deliberately setting specific blocks of time for your priorities can help you accomplish more in the same 8-9 (or 12) hours that you typically spend at work.

Try this:

Take a look at your priorities and consider how long they should take. Pop into your Google calendar (or Filofax, whatever works for you) and schedule time to work on your priority items around any important meetings or events of the day.

The most important thing to remember is to stick to your dedicated time.

Often, when we know exactly how long we have to work on something (and honor this time limit), we’re motivated to get more done on time to avoid taking work home at the end of the day.

The bottom line

There’s no need to waste 1/3 of our lives feeling unsatisfied at work. Luckily, you now have the tools to get started, take back your time, and become happy and fulfilled at work again.

The only question is — which tip will you try first?

Featured photo credit: Ellyot via unsplash.com

Reference

[1]Psychology Today: The Healing Power of Gratitude

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