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Published on July 23, 2018

How to Work from Home to Add Supplementary Income to Your Life

How to Work from Home to Add Supplementary Income to Your Life

You’ve had enough settling with your current income. Your boss isn’t willing to give you a raise and you don’t have enough time to drive back and forth to multiple jobs.

Having extra income would allow you to pay off debt faster, enjoy a longer vacation, or quit your soul-sucking job. Afterall, life is too short.

But how could you earn additional income and fit it around your busy schedule?

In today’s online world, you have the ability to earn money working from your laptop. There are hundreds of income-generating opportunities but it boils down to choosing one that’s the most appealing to you.

The problem is, choosing your ideal “side-job” is only half the battle. You’ll have to understand how to market your service, build your reputation and treat your side-job as a business if you hope to succeed.

Most importantly, you’ll need to have the right mindset.

1. Set clear goals to be successful

By this point you already know that you want to start a side-job, but before you start you need to know your “why”.

The going will get tough and you’ll need to be clear on why you started in the first place if you hope to succeed. Start by asking the following questions:

  1. Do I love my current job?
  2. Am I content with my work/life balance?
  3. What will I use the extra money I earn from my side-job for?

Write these questions down somewhere you’ll constantly see them to be reminded on why you’ve started in the first place.

Goals without deadlines rarely get accomplished. Don’t believe me?

If you were like most people back in high school you procrastinated until the last minute before you started working on your essay. Now imagine if there wasn’t a deadline. Your essay would take longer to get completed.

It will be challenging when you’re first starting off to know how long different tasks will take to finish, but you’ll need to set an end date.

Start by breaking down your goal into smaller tasks, and use journals to help you review your daily progress.

2. Set clear expectations from the start

“Give me six hours to chop down a tree and I will spend the first four sharpening the ax” – Abraham Lincoln

Before you start working on your side-job, you need to understand what to expect. Here are the most important key things to consider:

Build patience

Once you’ve chosen your idea, it’ll be easy to find others who are succeeding.

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This is where most people run into trouble because they’ll believe they can reach similar success in a short period of time.

Your side-job can take a few months or even years for it to take off. Most people won’t tell you this because it’s not sexy to hear.

If you plan to succeed in building your side-job you’ll need to have patience. Instead of chasing the money, chase the journey.

Choose a side-job you love, so when the going gets tough it’ll be easier to stay committed.

Make time in your busy schedule

Make time to fit your side-job around your busy schedule. This means waking up earlier and staying up late to build your side-job.

Build systems to maintain consistency. Use tools like Google Calendar to block out time throughout your week and follow them with the same importance you do with your current job’s schedule.

Don’t be afraid to fail

It’s tempting to look at other successful people and assume they knew which job they were going to enjoy working with the most.

The reality is that most failed with their initial ideas before they landed in one they loved. So what’s my point?

Stop overthinking which side-job to start with and allow yourself to fail.

Take Jim Carey for example, he was booed off stage in a comedy club in Toronto and failed to land a part in Saturday Night Live. Nevertheless, he didn’t give up and be eventually became the star we know today.

It boils down to this, pick a job you’re curious about and start working. If you realize that this job isn’t for you, move on to your next idea. Eventually, you’ll find a job that you enjoy working with the most.

3. Increase your odds at being successful

There are no shortcuts to success, but you can avoid wasting time. In certain circumstances, it’s worth spending money to save you time and unnecessary headaches.

You can always get by with the “free” route, but be prepared to spend more time and make more mistakes. Through trial and error, I’ve discovered which types of resources are worth investing in the early stages of your side-job.

These resources include:

Website

Nowadays, if you’re running a side-job, you’ll need a website to showcase your skills and build credibility.

With a simple Google search, you’ll easily find dozens of free website alternatives. The problem with this route is that your domain won’t feel professional (i.e. example.wordpress.com), and you’ll need to understand basic HTML to make your website look professional.

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Instead, purchase a unqiue domain name, and build your website with a professional WordPress theme .

You’ll still have to invest some time in building your website with the paid route, but you’ll have access to premium themes that are easy to install.

Be prepared to invest 1 to 2 weeks to build your professional looking website. Don’t aim for perfection, and focus on your main objective.

Mentors

The best way to learn is from those who are already in the position you’d hope to be in one day.

This is why mentors are a valuable resource to have as you’re building your side-job. They’ve already learned from their mistakes and know how to overcome the obstacles you’re currently facing.

But where can you find mentors? Mentors come in different forms. You can access them by reading books, listening to podcasts, joining paid masterminds, or paying for one on one coaching.

Start by reading books on your chosen field and gradually work your way up to purchasing your mentor’s premium resources.

Take a look at this guide if you want to learn about how to pick a good mentor for yourself:

A Good Mentor Is Hard to Find: What to Look for in a Mentor

Premium courses

When you’re looking to learn specific skills or overcome a specific struggle, courses are a great option. Why? Because they’re often cheaper than hiring a mentor, and still provide tailored guidance on how to reach a specific goal.

The best courses will come from your mentors. Often times they have courses in their blog or recommend ones that have helped them achieve results.

Once you’re at a mentor’s website, be on the lookout for their “products” or “resources” page.

Network with like-minded people

“Your network is your net-worth”

As you’re starting your side-job, it’s important that you surround yourself with like-minded people. You’ll benefit receiving support from others experiencing the same challenges, and continue to stay motivated.

Think of starting a side-job similar to starting a business, you’ll be marketing your product/service, handling incoming orders, managing your accounting and so on. In other words, you’re an entrepreneur running your small business.

Often times, the entrepreneurial journey is a lonely one. Even if your spouse or kids support you, they won’t fully understand what you’re experiencing. That’s why attending conferences, joining masterminds and attending local meetups can help you reach higher levels while staying motivated.

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4. Be so good you can’t be ignored

By this point, you already know that starting a side-job isn’t easy.

Most people fail because they’re not prepared, but not you. You’re already equipped with setting clear goals, what to expect, and the different ways to increase your odds at succeeding.

What if you still want more guidance with choosing a stable side-job? Here are some popular side-jobs that are in demand and that may be a good fit for you:

Blogging

Blogging has become more popular these past few years.

Today roughly 6.7 million people blog on blogging sites,[1] and 23% of online time is spent on a blog or social media. This number will continue to increase as new technology makes it easier to stay connected online.

Pros:

  • Easy to build
  • Multiple ways to earn income (i.e. affiliate marketing, advertising, courses, etc.)

Cons:

  • Slow at building income (i.e. it can take months or years before you earn sustainable income)
  • Time-consuming to create content with little to no audience

Helpful resources:

Freelance writer

Freelance writing is similar to blogging except you’re strictly writing for other businesses. As blogs continue to grow in popularity, the demand for freelance writers will also rise.

Pros:

  • Strong demand for freelance writers
  • Ability to increase your rate as you gain more credibility

Cons:

  • Challenging to find your first customers
  • You may need to write for free or for a low rate when first starting off

Helpful resources:

Virtual assistant

Roughly 69% of U.S. entrepreneurs build their businesses online.[2] As online businesses continue to grow, they’ll need virtual assistants to help them manage their website, marketing, etc.

Pros:

  • No experience required to start
  • Gain exposure in a wide range of tasks

Cons:

  • Competing with offshore workers can force you to charge low rates
  • Work on many tasks you dislike until you specialize in one or more tasks

Helpful Resources:

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Facebooks Ad consultant

Roughly 80% of Americans use Facebook[3] and almost 1/4 of your time online is spent on social media. That’s why more businesses are starting to invest more money in Facebook Ads.

For the businesses who don’t want to invest time to learn how to manage Facebook Ads, they’ll hire Facebook Ad consultants.

Pros:

  • Many FREE resources available to learn how to manage Facebook Ads
  • As low as $5 entry cost to test ads

Cons:

  • Facebook’s algorithm and policy are constantly changing, making it difficult to keep up.
  • It can take a few weeks or months to view ad progress

Helpful resources:

Amazon FBA

Amazon has grown into one of the largest online retailers and accounts for 43% of all online sales.[4]

Amazon FBA (fulfillment by Amazon) allows you to resell items online without shipping to the buyers directly. You’d go to different stores to find profitable items, and ship them back to Amazon. Since Amazon ships about 1.6 million packages per day, you’ll many opportunities to earn a profit.

Pros:

  • Low-cost entry barrier
  • Amazon Seller App makes it easy to determine if a product is profitable

Cons:

  • Pooled inventory means the product you ship may not be the one your customer receives
  • Not all of your items will sell

Helpful resources:

Start earning additional income!

Imagine working from home and earning enough additional income to pay off your debt faster than ever before!

But that’s not all, you’re earning just as much income from your side-job than you are with your full-time job. You’re empowered knowing that you’re not obligated to work in a job you hate.

You’re surprised to what happens next, your relationships improve, and you’re more motivated than ever to wake up each morning.

All after working long hours, setting clear goals and investing in yourself.

Amazing isn’t it? You know you have the resources you need to build a sustainable income working from home. It won’t be easy but anything worth pursuing isn’t.

Start learning additional income and see how your life begins to change.

Featured photo credit: Pexels via pexels.com

Reference

More by this author

Christopher Alarcon

Content Marketer and Finance Analyst

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Last Updated on April 17, 2019

10 Essential Soft Skills That Will Help Advance Your Career

10 Essential Soft Skills That Will Help Advance Your Career

What’s the secret of professional success? Some of it lies in the mastery of your discipline and all the technical skills you have to carry out your job; but a much bigger part lies in the soft skills list you possess.

Soft skills are your people or relationship skills—how well you get along with others and your ability to communicate and collaborate—as well as the personal characteristics you bring to the job, such as optimism, a can-do attitude and the motivation to work hard. These skills are not always easy to point out, but their absence can cause serious problems and negatively affect the whole work atmosphere.

They say that hard skills will help you get the job, but soft skills will help you get along—and get ahead. With that in mind, here’s the top-10 essential soft skills list to help you advance your career.

1. Communication Skills

Communication skills are hands-down the most sought-after soft skill that bosses want, and this one ability covers a lot of ground.

To communicate well, you have to listen carefully, interpret the context of the conversation, express yourself clearly, persuade others of your point of view, check your body language and use an engaging presentation style that won’t intimidate or bore your audience. That’s a big ask!

Your personality traits can influence the way you communicate with others. For instance, some people get straight to the point and center their arguments around facts and logic; others are cooperative and sensitive to how others feel. Both these approaches are equally valuable but there can be misunderstandings if you don’t understand where the other person is coming from.

Taking a comprehensive personality test can help you understand why you communicate the way you do and where your blind spots are. It can also help you understand other communication styles is so you can tailor your communication to the person you’re dealing with.

After all, connecting with your conversation partner is the hallmark of good communication.

2. Flexibility

Change is an essential part of any business. Companies need employees who are flexible enough to work with new initiatives, open to new ideas, and generally are able to tough it out when things don’t go as planned.

Research has found a link between job performance and flexibility over the long term because there will be times when you have to step outside your routine and rise to fresh challenges that didn’t exist before.

Being flexible doesn’t mean you have to hop into a new task or job role like an expert. Rather, it’s about showing you’re willing to accept new responsibility and learn different things.

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Bosses look for people who are prepared to step outside their comfort zones and are open to alternative solutions when their first idea doesn’t work.

3. Being a Team Player

Working on a team can be challenging but learning to do it well can definitely help you get ahead in your career. Employers look for people who can negotiate, cooperate and manage conflicts with other people to achieve a common goal. That includes the ability to build lasting relationships with customers and clients.

What makes a good team player? Essentially, it’s someone who knows the goal and knows her role. Employers look for evidence that you know your strengths, your responsibilities and how you can best contribute to the team, then put those skills into action by sharing ideas and communicating in a respectful manner. That’s the definition of being a good team player.

This is another area where taking a personality test can help you get ahead. When teams work together, each member brings a unique set of skills and qualities to the group. Research has shown that different combinations of personalities affect how teams collaborate and how productive they are.

Knowing who you are, and how you work on a team, can drive new insights and open the door to better teamwork.

4. Positive Mental Attitude

There are plenty of things you can’t change at work, like the people you work with or the fact that the printer is broken again. The one thing you can change is how much you let these things bother you.

Bosses like people who are calm, rational and upbeat—those who diffuse tensions in the workplace, not get all grouchy and go around slamming doors.

Studies show that people who maintain a sunny disposition have better relationships at work, are happier in their jobs and make better decisions than those who whine and complain. Some suggest that a positive mental attitude can also make you live longer—which means it’s beneficial for every area of your life![1]

It’s not always easy to keep a “glass half full” mentality when work is stressful and the deadlines are piling up. But there are some things you can do to help maintain a positive attitude. Laughing at your unfortunate circumstances keeps the work environment positive, and taking “sanity” breaks can help you keep your cool in high-pressure situations.

Managers look for positive mental attitude in a team member that is ready for a promotion, so it really does pay to keep your cool in challenging situations.

5. A Strong Work Ethic

People with a strong work ethic are committed to the role, persevere when things get tough and are inspired by challenge. These people are ambassadors for the organization, and will always be seen as top talent and ideal candidates.

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If you can exhibit this skill, then expect to be seen as a great candidate, eligible for new opportunities and positions throughout your career.

Since a strong work ethic can mean different things to different people, it helps to show specific examples of your exceptional work ethic during a performance appraisal or interview. For instance, you might talk about:

  • A time when you persisted in the face of challenges and did not shy away from hard work.
  • How you volunteered to help with projects even though these tasks did not form part of your job description.
  • The networking, workplace learning and skills betterment you’ve undertaken, which shows ambition and drive (people with a strong work ethic have those qualities in spades).
  • How you own your mistakes and never, ever point the finger of blame at others.

For help with building a strong work ethic, check out these tips: How to Build a Reliable Work Ethic

6. Public Speaking

Who’s terrified of public speaking? Pretty much everyone, since public speaking is America’s number one fear, ahead of death at number five and loneliness at number seven.

Yet, according to Warren Buffett, mastering this one skill you could increase your personal value by 50 percent.[2] That’s huge!

If you’re not natural at public speaking, you’re in good company. Buffett had to work hard to overcome his stage fright and once dropped out of a public-speaking course before it started—because he was afraid of public speaking! He eventually realized that he needed to build up his confidence by just doing it; over and over in front of small groups.

For a more structured approach, Toastmasters International teaches public speaking and leadership skills through a variety of pathways. Membership of this non-profit looks good on your resume but the real payoff will come when you can put your newfound skills to use on the job or in the interview room.

Or, you can check out this advice: The Ultimate Public Speaking Tips to Hook and Impress Any Audience

7. Integrity

From a manager’s point of view, the two integrity skills that will set you apart are:

  • Always doing what you say you will do
  • Owning an error instead of minimizing or hiding it

…even when no one is around to check up on you.

There are lots of people who have climbed the ladder without scruples, but they are not the people who others trust, respect and support when promotion time comes around.

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Behaving with integrity is a safe and consistent way to enhance your reputation and achieve your professional goals.

8. Managing Your Time

Phone calls, texts, Slack pings, meetings, huddles, side projects, multitasking—we are busier today than any generation before us. There’s no denying the workplace is an incredibly distracting place to be.

A lot of us have traded effectiveness for busyness which we wear as a badge of honor, both as a proxy for productivity and to show our value to the company. But what bosses want, what they really, really want, is someone who actually gets stuff done on time.

Time management is not merely the art of being on time, but of managing your time so you focus on the projects that really matter and add value to the business. This means prioritizing well, sticking to schedules, delegating, and not getting distracted by tasks that are easier to perform or less important. It means planning ahead and learning when it’s appropriate to say no.

Time management can be a tough skill to maintain, but not a difficult one to pick up. Monitor your actions for a few days—how long do your tasks take to finish? What’s interrupting you? What causes you to lose focus? Once you have the answers to these questions, you can set a schedule for yourself to make sure you’re spending your time wisely and this valuable asset is never wasted.

These 20 Quick Time Management Tips to Super Boost Your Productivity are also great to try.

9. Assertiveness

In any workplace, you typically will find people with the following conflict styles:

  • Passive: Those who go out of their way to avoid conflict.
  • Passive-aggressive: Those who express their negative feelings through actions rather than words.
  • Aggressive: Those who respond to conflict in a hostile and rude manner. These people get their opinion heard but they won’t make any friends in the process.
  • Assertive: People who stick up for their rights while still respecting the rights of others.

Managers look for assertiveness above all other styles because it allows decisions to be made without conflict or alienating people.

How do you use this information for yourself?

It starts with understanding your personality so you can anticipate how you will react when conflict arises and address your own shortcomings. Then, you can start influencing the team for top results, and securing your own career advancement in the process.

Learn how to be assertive and gain respect:

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How to Be Assertive and Stand up for Yourself the Smart Way

10. Creative Thinking

LinkedIn recently analyzed over 50,000 skills that employers search for when looking for candidates to find out what skills are currently in demand.[3] Taking the number-one slot on the 2019 soft skills list was creativity: the ability to solve problems and think outside the box.

Creativity is about bringing fresh, and sometimes unorthodox, ideas to the table. This helps companies to innovate, and companies that do not innovate will not survive very long.

How do you showcase your creative thinking skills? The golden rule is to participate.

Be brave and share your ideas during group brainstorming sessions. Volunteer to run a society, networking event or recruitment drive. Ask “what if” questions: “What if we add this information to the client welcome pack?” “What if we eliminate step 3 from the process?”

These activities demonstrate that you’re prepared to go beyond “business as usual” towards creative problem solving—an ability that will serve you every day, all throughout your career.

You can learn to unleash your creativity power:

What Is Creativity? We All Have It, and Need It

Final Thoughts

The good news? Every item on this soft skills list can be learned. Although you may feel lacking in certain areas, taking an inventory of your strengths and weaknesses will allow you to focus in on the areas that you’ll benefit from developing.

So take an inventory of your personality, skills, and talents. This will give you a baseline for your communication style, attitude to change, conscientiousness and more. You can then identify your weak areas and develop strategies for improving your team-building, assertiveness and conflict skills.

The better news? The effort is worth it. Developing your soft skills opens the door to a new job or a promotion, and helps you succeed once you get there.

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Featured photo credit: Rachael Gorjestani via unsplash.com

Reference

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