Turn the Skills You Have Into an Income Source
/by Chelsea Lamb
So you need to find a new source of income to improve your financial situation. You may be considering training for a new job or even taking classes. While there are certainly times when career training can be useful, it may not be necessary, if you can use your existing skills for a money-making venture.
You might be able to freelance.
If you’re out of work with no job leads, consider working as a freelancer. More and more companies are outsourcing to freelance talent, especially when it isn’t a long-term or full-time gig. While freelancing does require some hustle, you can choose which projects to take on, and even write your own contract. Some freelancing abilities in high demand include accounting, web design, copyediting, and transcription.
You could sell a digital product.
Digital products such as software, themes, and plugins can be a great source of side income. But you don’t even have to be a tech wiz to craft a digital product for sale online. Educators, consider putting together an online workshop or eBook. If you have hands-on skills, you can sell tutorials instructing others in your area of expertise. Whatever your talent, there may be a way to translate it into an ecommerce offering.
You could even start your own business.
If you have a sizable demand for your product or service, starting your own business could be the best move for you. This might not mean altering how you market or sell your products, but it could mean moving to a more professional website, purchasing business insurance, and creating a business account. You should also register your business as an LLC, both to save money and for better liability protection. Zenbusiness.com can help you set up an LLC quickly and painlessly.
See? You may have all the money-making skills you need already! A little ingenuity, and a little research, can take you a long way towards a better financial situation. If you feel you might benefit from money coaching, reach out to Lynn for a discovery session.
Lynn Telford-Sahl, Certified Money & Business Coach writes the PowerUP Your Money blog for women in sales and small business. www.lynntelfordsahl.com
