Wednesday

Would You Like to Reduce Those Office Hours While Working Part-time from Home?

Take a look at your expenses, do you really need to spend most of your time at a single job that you may not like to obtain all your wealth?  Why not make this year the one that you receive money in additional ways like offering your service(s) independently while you work part-time for "The Man" or "The Woman"?  You can actually pull this off!

1)  Take a look at how much money is being spent or given away each day, week and month on things you, your spouse and children really don't need/like/want or feel at peace about.

2)  Add up the cost of the expenses you must spend each day, week, or month (groceries, rent, utilities, telephone, etc.)  Check to see if competitors are offering those services at better prices.  If you don't want to shop around, there are apps and virtual assistants online that can help with that.  Otherwise, ask a relative to do it for you.

3)  Now find out how much you could potentially make if you were to offer a product or service independently on a part-time basis.

4)  Create a business plan highlighting the key elements that might make your business successful.
Think of where you might obtain customers. List the highs and lows of the business.  Note who you already know who could aid you in your business endeavors.  Spend break and lunch hours in addition to weekend and evenings at least for a few weeks cultivating your plan.

5)  Plan to reduce your hours in about six months or more when the business is showing potential since you had already reduced some expenses.  Notice how much money you have saved and use that to assist with future marketing campaigns.

6)  Create your marketing plan based on the kind of product or service you are offering.  There is no one size fits all in marketing that is how so many people fail at business.  Be sure the plan brings traffic!  You should have business inquiries via email, phone, word of mouth, etc. and those inquiries should turn into sales sooner or later if your business is that good.  If it falls short, revise your plan, but don't give up!

7)  Don't share the details of your plan with skeptical relatives and friends, consult with professionals in your industry.  As long as bills are getting paid, there is no need to involve everyone in the infancy of your business.  Be selective of the company that you keep!

Nicholl McGuire is the owner of this blog and author of What Else Can I Do on the Internet? and other books.  She is also a speaker and part-time virtual assistant.

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