Finance tip: Extra income
Baby-sitting. Offer your baby-sitting services to friends, family and colleagues to earn some extra money in the evenings or over weekends. There are plenty of parents out there who are working night shifts or second jobs in the evenings, who need peace of mind about their little ones. Most people have some form of experience with looking after small children (whether their own children or small siblings), so translate this experience into earning potential. You can choose to do it every now and again for a little extra here and there, or take it more seriously and perhaps set up an evening child-care service at your home. The beauty of having more than one child to look after is that your earnings can multiply substantially, with only a small amount of extra effort. And if you’re any good, word of mouth spreads faster in the child-care industry than almost any other, so prepare to become popular!
Business tip: Innovation
Read anything and everything. Whether you’re looking for an industry to get into, an idea to expand your product range, or just a spark to rejuvenate your business, read whatever you can get your hands on. Personally, I read newspapers, men’s magazines, women’s magazines, business magazines, billboards, pamphlets, wall-posters, anything! You never know where your next idea or inspiration will come from, so be open to anything. And always remember to read between the lines, and make the leap to the next logical step. Say, for example, you read an article about how many mothers are being forced back into the workplace to make ends meet. More mothers at work = fewer mothers at home = children still need to be cared for = start a babysitting service! This is reducing the entrepreneurial thought process to its barest, but the point is that there is generally always something behind what you are reading at face value – dig deeper and find out what it is.
nice one I enjoyed that
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