Giving yourself a Pay Raise with Extra Income
Extra Income opportunities are basically
work-from-home opportunities that help augment your regular income. Many people
are opting for these work-from-home opportunities for the following reasons:
1. Most
people think they are losing the battle to balance work and family, time wise
and income wise. If they are going to work 12 hours a day outside home and just
manage to scrape the bottom of the vessel for survival, finally coming home to
family too tired to spend any time with them, is it worth the effort?
2. A
burning desire to be financially independent and successful by adding that
extra income to their regular income with popular work-from-home opportunities.
The very fact that these extra income
churning work-from-home opportunities have become popular is due to the above
mentioned factors. These opportunities present a lot of flexibility in spending
time with family and children, social commitments and of course financial
liberation. These extra income generating opportunities also give you a chance
to be your own master and work your own times.
How to find a suitable extra income
generating opportunity? Here are some dos and don’ts:
1. Analyze
yourself and find out what your core competency is. Marketing, Writing,
Programming or anything else that you excel in.
2. Analyze
what your friends and family see in you, what they praise you for and what they
criticize you for. This will help in narrowing down your options.
3. Try
and find out how different or relevant it is to your regular job or work that
you do today.
4. Ask
yourself about the job satisfaction that you have today and you might have if
you get a suitable extra income generating opportunity.
5. Analyze
the skills that you possess but have gone unused since you have been working.
Ask yourself, if you would be comfortable bringing them out to generate that
extra income?
After doing the above, research and analyze
the opportunities available by talking to people who already have extra income
coming their way or use the internet to find opportunities that match your
skills. Make a list of opportunities in descending order of your preference
with at least 5 entries.
Get going in a small way, spending about an
hour a day. Try it out before you commit to something.
Analyze if you like doing the work after a
period of about 1-2 months and see the extra income you earn. If you think that
the work is suited to you and the work has enough potential to earn you the
extra income that you were targeting for, try to spend more time and energy on
it to increase that extra income. If you see that you really don’t enjoy it,
shift the focus to the second opportunity on the list.
Remember these opportunities are basically
work being done for other professionals and they have to be treated with
professionalism and care. You cannot take them lying back and expect returns.
The only advantage is that you will be doing what you love to do and get paid
handsomely for it.
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