- How to Make The Stimulus Check Work For You
It’s official some relief is on its way and you are about to receive $600 bucks from the government as part of the massive 2.2 trillion stimulus bill.
This second-round payment will be for $600 per eligible person, plus an additional $600 for each child. The bill was finally passed by Congress and signed by Trump to help stimulate the economy.
Several households will have no choice but to use this long awaited money to put food on the table, or keep a roof over their heads, but if you are not financially distressed consider making this money work for you!
It is a wise move to SPEND THIS MONEY TO MAKE MORE MONEY FIRST!
If 2020 didn’t make you hustle please let this $600 put your butt in gear because $600 is really not shit! Excuse my language! This should open your eyes and prove to you that no one will be coming to your rescue. It is your job and responsibility to play your cards right and envision the bigger picture. Of course be grateful and then see it as an opportunity to start something that can put you in a better position financially speaking.
I’m the biggest fan of leaving the 9 to 5 life and 2020 has taught many unfortunately just how temporary a 9 to 5 job can be. I was once a full time accountant for a million dollar company and I was making a great salary. But working 9 hour days away from my kids for 5 years really didn’t sit right with me anymore and I couldn’t waste another second of my life sitting at my desk wishing I was home with them. This strain to be home with them really lit my fire and fed my entrepreneurial spirit and pushed me to open my eyes to new opportunities.
This is why I believe in helping others see their true potential and also become financially free. Helping them shape a mindset that pushes them towards starting multiple streams of income. Motivating people by showing others where I came from and what my situation looked like and how much it has changed for the better by taking a chance. The possibilities are endless when you see that the 9 to 5 route is not the only path to take just because society told you so.
It’s time to create something that you can be proud of and no one can fire you or take away what you built from the ground up. Pushing yourself to achieve something greater helps you build character and discover your true passions in life.
You need to love what you are doing as a side hustle for it to be successful for you. I always say treat it like it like a high paying job and it will eventually pay you like one.
Creating a new stream of income will be done on your own time and outside office hours if you have a day job, so it will take a lot of energy and motivation to make it stick. Brainstorm side hustle ideas around your interests and skills to discover the best ventures to start or see if you can turn one of your hobby’s into a business. If you need some ideas I’ve listed 5 different routes you can take to make your money work for you.
We have always been taught to trade our time for money and then spend our money on things in order to survive. I have discovered that all along the best thing you can possibly do for yourself is to trade your money for more money in order to grow your wealth.
Start a business that you are passionate about!
Maybe you are so good with fixing your own credit that you feel confident in your methods to also help others by creating a credit repair business.
Let’s say you are really crafty and with a small investment you buy a vinyl cutter to help you make custom shirts, stickers, tumbler cups, and so on. You sell these on Etsy for a pretty profit and advertise on Instagram and Tik tok creating a lot of buzz and converting that traffic into sales. Cha-Ching!!
So many businesses are out there waiting to be created it’s all a matter of who will take the time to plan one out and take action! Starting a new business can be scary and you will second guess yourself, but if it excites you and scares you all at the same time I’m here to tell you it’s probably worth it!
If you are looking to start a business and want to get more in depth with the technical aspects of creating a legal business entity check out the link below where I discuss how to form a Sole Proprietorship, LLC, or Corporation.
Have you seen people around you talking about investing in stocks but really you have no clue what the heck they mean.
Which one do you buy?
Where do you buy it?
How long do you keep it?
How do you make money?
Stocks for one are very risky business and should not be taken lightly.
Only invest in stocks that you have thoroughly researched and only invest money that you will be ok loosing!
I will say though risky business can bring in some serious gains so don’t be afraid to dip your hands into this awesome way to make money work for you!
If you would like to invest in stocks and get familiar with what’s out there to invest in click the link below and sign up for this app that is extremely user friendly and great for beginners.
By using this link you will get a free stock to start you off!
I will also be releasing a blog that goes more in depth into trading stocks, so be sure to sign up for our email newsletter to get the blog directly to your email.
On this app you can look up popular companies like Tesla and Apple and buy shares and hold them. You can watch as your money grows when the stock grows.
Confused on how this stream of income can make you money?
Check out this example:
The stock OCGN was only $0.76 cents per share and a news article was published saying it was going to partner with a larger company to help create the Covid-19 vaccine.
I purchased 1000 shares which came out to $760
The next day the stock went up to $2.53 per share so if you do the math: $2.53 x 1000 shares = $2530!!
I more then doubled my investment by swing trading $760 in this stock and traded it right on time to lock in my profit.
This is how you can potentially make a lot of money in the stock market with 1000’s of stocks to research and choose from.
But be wise and do your due diligence and proceed at your own risk!
With the same idea as investing and trading stocks you can use that same knowledge and strategy to make money trading crypto currency.
My 3 most favorite crypto currencies to trade for profit is of course the infinite Bitcoin, the fast growing Ethereum, and I also enjoy trading litecoin. All 3 of these currencies have been on the rise throughout all of 2020 and have hit all time highs in 2021 as they continue to rise. Invest in some of these currencies at the right time and you can make some major money.
Back in 2010 If you would have invested only $100 bucks in Bitcoin you would now have over 75 million dollars!! How’s that for some incredibly life changing gains to really show you how your money can work for you!
Now on this very same path Ethereum is headed in the same direction and is projected to one day be as expensive if not more expensive as bitcoin, making it a great investment to hold for the long haul.
I don’t know about you but I’ll wait and hold Eth for 10 years if it could possibly bring me 75 million one day!
If your interested in learning more about Ethereum check out my blog below where I explain what the heck it is and how much potential it has.
If you would like to invest and get started trading crypto use this link to sign up.
Crypto.com will give you $25 USD just for signing up!
Resell items for a profit.
This has a low startup cost depending on what you have decided to flip.
By flip I mean buy low and sell high to get a healthy marginal return on your initial investment. You can flip anything from cars, clothes, shoes, sports cards, and so much more. To keep things simple you can use your money to go to the goodwill and look for some name brand items that are in great condition for you to invest in. You will be surprised the type of things people donate!
Research the items and make sure you can resell them at a good price point and list them on Offer up, Mercari, Poshmark, and other selling platforms and watch how fast you can turn a profit off of your investment.
Then rinse and repeat this process to resell just about anything. Give this one a try and I promise you will get addicted!
These 5 ways to make your money make more money really work and I have personally done and mastered them all myself!
I have proven over an over that they can turn a small investment into big money!
But remember it is all about having the right mindset to make a plan and take action.
Consistency is key and you must be focused and willing to give each one everything you got to make it work. Treat it like a business and it will pay you like one!
Here are 3 more bonus ideas that are smart ways to use your stimulus check.
Invest it into a high interest savings account or add money into your Roth IRA. Your future self will thank you for both of these.
Look into opening a Roth IRA so you can enjoy the tax free benefits and retire in style!
Not sure what that is I keep my Roth IRA with the company Ameritrade which you can look into below.
Pay off any high interest credit card debt that could be making you spend more money then you need to.
Becoming debt free is the ultimate goal so get started on that as soon as possible! When you make a plan and do this intentionally you can create a snowball effect until you are completely debt free. This will help boost your credit and put you in a better position financially.
If you have debt on credit cards that are charging you interest at the end of each month, consider applying for a new card with a 0% interest APR and transfer your balances. Wanting to build your credit fast? Always pay more then your minimum payment!
This will help you save money, boost your credit, build credit history, and create a higher credit line.
Start a blog!
Having your own website where you post blogs about what you are interested in such as this one can make you some major cash. By no means is it a get rich quick scheme but through time this can eventually generate a lot of money for you depending on how you monetize your website.
You can make money several ways but here are a few easy ones to try out when first getting started.
Google Adsense is an easy way to make money from your blog. All you need to do is add a script from Google to your website and start displaying ads. You will get paid every time someone clicks on the ad and you will also get paid for how many views the ad gets.
Ebooks are another obvious choice for creating digital products and then sell them for profit. They are relatively simple to write and produce. If you’ve been blogging for a while, then you can collect some of your old blog posts and turn them into chapters of a book.
Get paid via Affiliate marketing which is when you recommend a product or service to your audience using special tracking links, and then get a referral commission for every time someone buys after clicking your link.
These are just a few ways to make you some extra cash utilizing your blog site.
All in all making money as a side hustle really boils down to what you like as an individual and how you choose to spend your time working on it. For me personally having multiple streams of income is really important and more so during this crazy pandemic. I have personally tried and continue to use all of the methods of making money that I have listed above and can vouch for each ones effectiveness. If you are motivated, hungry for a change, and are willing to put wants aside to make things happen I can assure you that you will someday become financially free! Stay blessed and build your empire!
- Form Your Business Entity With Confidence
Making a business is hard but read on and approach it confidently by self educating yourself and reviewing all options.
Many people often talk about what businesses they wish to open and the dream is usually a vision of the successful end result. Several have written some goals down on how to accomplish opening that first business but the next step of actually rolling out a plan and executing it is what gives people cold feet.
Forming the actual business into an LLC, sole proprietorship, or corporation and branding your business is what must be done to proceed with confidence.
Educating yourself and making the right selection when forming your business entity is a vital step to getting your business on the right path to success.
You can have all the ideas in the world but if we don’t take the initiative to take action you will surely stay in the idea phase.
Avoiding that can be extremely simple but make sure you start off with a well researched idea that is ready to be brought to life.
Here are three key things to research before forming your business:
Who is your target market and audience?
Who is considered your competition?
Have you fully researched the market to understand the risk?
Now that you have solidified your business idea make sure you know that you are stepping foot into uncharted territory and failure can be inevitable.
Entrepreneurship is rocky and not for the weak, you can fail many times before you strike that one business that you nurse until it finally turns a profit.
The quicker you realize this the better you will be able to adapt to the gains and losses of entrepreneurship.
It is one big roller coaster ride of a journey but reap what you sow and you will have created something you can be so proud of!
When building the foundation to a successful business you must be prepared to learn to survive in a forever changing environment. I cannot stress enough that you must constantly self educate to keep up with your market.
Talking to an entrepreneur or small business owner before opening your business can also help you better understand that owning a business requires a lot of hard work and non stop dedication. An idea will never come to life without effort but if your willing to put the work in you will be introduced to a whole new type of freedom and reward.
Logo creation and naming your business are important steps when getting established but what about the several steps in between?
Forming your business structure is one of those steps that should not be taken lightly.
Below are some suggestions to help you turn your idea into a legal entity.
Determining which legal business structure to file for your company must be completed BEFORE registering your company. The business structure you choose will effect how you file taxes and how protected your assets are from debts and if a legal issue arises.
Sole Proprietorship is suggested for people who wish to take on full responsibility for the finances and legal obligations of the business entirely.
Meaning that this route can directly effect your personal credit and there will be no legal distinction or separate existence between the owner and the business entity. You can register as a sole proprietor for enhanced credibility and because it is one of the easiest businesses to set up. Unlike the LLC or corporations you do not need to register with the state.
The individual that registers as a sole proprietor is responsible to report all profits and losses on their personal 1040 income tax return utilizing a schedule C which will be filed annually to the IRS.
The owner can operate as an independent contractor, small business, or franchise owner, and file a fictitious firm name when choosing a name other then the owners to do business under.
The name then becomes a trade name that is used under the owners name and does not create a separate entity. This simple structure is often chosen by millions for its low cost and easy set up.
Many entrepreneurs will choose this route when first starting out and then graduate to a more complex business structure as the business foundation solidifies.
In order to be a sole proprietor, you do not have to take any formal or legal steps at the federal, state, or local level in most cases but be sure to do your own due diligence.
As long as you are the only owner, you automatically become a sole proprietor by conducting business and filing your taxes correctly at the end of the year.
However depending on your circumstances and city guidelines you may need to register your business and obtain additional permits or licenses before conducting business.
You are in control of your own destiny make sure you clearly understand your options before making your decision.
If you want to enable yourself to gain important legal protection for your personal assets, without disturbing the management and income flow of your business look into registering your business as an LLC.
If being a sole proprietor didn’t quite cover what you are expecting in your business and you plan to grow exponentially then an LLC might be the better way to go.
I personally don’t want to be held liable for any and all business related obligations so I highly recommend considering the next option on our list which is filing your business as an LLC.
The most obvious advantage to form your business entity as a limited liability company is so you can protect your personal assets from the business itself.
This will protect against debts, claims, and lawsuits if they happen to arise.
Running a business is full of unknowns so it’s better to be safe and protected ahead of time as you form and create your future business.
Under an LLC you have tax flexibility and can choose and change the way you are taxed which can be very appealing to small business owners.
LLCs can choose to be taxed like sole proprietorships, partnerships or corporations. But it’s important to understand the differences between them because the way your business is taxed can affect both your total tax bill and your obligation to pay self employment tax.
If you only have one owner you will be classified and file your taxes as if you are a sole proprietor but will retain all the advantages and protection of an LLC and is referred to as a disregarded entity for tax purposes.
Your income and expenses will continue to be reported on your individual 1040 income tax return utilizing a Schedule C.
If you have more then one managing member you will be taxed as a partnership and the income will flow through to the members themselves. Meaning you will report your profits and losses on your personal tax returns. Specifically, an LLC that’s taxed like a partnership also needs to file Form 1065, an informational tax return that reports all of the partnership’s income and expenses.
The partnership LLC also issues a Schedule K-1 to each LLC member, showing the member’s share of the LLC’s profit.
Your LLC’s operating agreement should list each member’s percentage share of the LLC’s profits and losses. LLC members then report their share of profit or loss on Schedule E of their personal tax returns. The members of LLCs taxed as sole proprietorships or partnerships are considered to be self-employed for federal tax purposes.
A great benefit of having “LLC” or “Limited Liability Company” in your business name can make your business seem somehow more official. It implies that the business is registered with the state and is somehow more substantial as a legal entity.
This is proved great for business reputation, growth, and recognition.
LLCs are great for small businesses because they can adapt to all situations.
No matter whether you have 100 silent investors or are a two person small business operation. The LLC is flexible making it so you can pretty much write the operating agreement to suit your needs.
You can make your own rules and tailor your entity to suit the intricacies of your business.
When you first go into business, chances are your company won’t be profitable right away.
Building up a business takes time, and in the first year, it’s possible to incur thousands of dollars in losses also known as your start up costs, so if you are eager to soften the financial blow of the startup phase, decide to form an LLC.
With an LLC and its default partnership taxation, the losses of the business flow through to the members so that they can use them as deductions when filing taxes.
This can be a major win for an entrepreneur because it offsets the owner’s other nonbusiness income and can also be used to put you in a lower tax bracket.
I recommend choosing one of the options above, but if you wanted to further explore incorporating your business you would prepare and file a document called Articles of Incorporation and also file registration documents with your state.
I don’t recommend going this route because of how much you need to do to maintain your corporation status.
Corporations are required to issue stock, adopt by laws, hold annual director and shareholder meetings, keep minutes of meetings, issue written corporate resolutions for significant decisions, and file annual reports to the state government and pay annual fees.
Failure to do these things can result in the loss of personal liability protection and dissolution of the corporation.
All corporations begin as C corporations. A C corporation may be converted to an S corporation by filing IRS Form 2553 and electing to become an S Corp.
Talk about complicating but if I were to choose one it would be an S Corp.
For tax purposes C corporation profits are taxed, and are reported on the corporation tax return. Any after tax profits distributed to shareholders as dividends are taxed again, and are reported by the shareholders on their personal tax returns. This “double taxation” can be avoided by electing S corp status for your corporation.
An S corp is treated similar to a sole proprietorship or a partnership. Meaning the profits or losses are passed through the S corp then to the shareholders and are only taxed to the shareholders and reported on their personal tax returns.
If this seems like the way to go make sure you consult an accountant and business’s attorney to really weigh the pros and cons of both S Corp and C Corp and to make sure you set up your entity correctly.
If you got this far you should now be fully aware of which business structure will fit your needs. When making your decision don’t be overwhelmed just take it step by step while taking action. You are in charge of the success of your new business proceed with caution but also be confident in the choice you make!
Your ambition and consistency will carry you far and will help grow your business indefinitely!
- 5 Ways to Make an Income During the Covid-19 Pandemic
Have you woken up this week and felt like you are living the same day over and over? If so you are not alone! Life has shifted drastically for many as we all continue to process current events. The hysteria surrounding the corona virus pandemic has effected countless households and continues to create an unforeseeable future.
In the wake of this crisis we are left feeling major uncertainty when it comes to our professional lives and finances. The US economy is forcing businesses to close, lay off workers, and cut hours to maintain overhead. Several families are feeling emotionally exhausted and worried about what lies ahead. The need for fast cash has become so great that it is beyond what strict budgeting can do for you.
If you were effected by such situations or just flat out don’t feel safe leaving the house and would like to start creating additional income streams, i’m here to tell you that you have options. Pour yourself a glass of optimism and remember that mindset is key here..
5 possibilities for you to start generating a supplemental source of income.
Who doesn’t want to enjoy the perks of no long term commitment, setting ones own hours, while capitalizing on a money making opportunity. Have you ever made money while you sleep? Number one on our list is selling your pre-loved clothes and shoes online. This can help you stay afloat when the bills come knocking while keeping a healthy social distance between you and your customer. If you have children chances are they have outgrown several clothes and shoes that can still be worn again. Clothing and shoes are usually small and light weight which make for easy low cost shipping.
With several selling platforms out there to use here are some of my favorites for clothes and shoes
Mercari, Poshmark, Facebook Marketplace, Offer Up, Let go, Thred-up.
Tips When Selling Online:
• Use flat rate boxes that are pre priced and work the shipping cost into your asking price then offer free shipping
• Take several photos of your items and packages including screen shots of messages and tracking numbers. Lots of scammers and you may need this later.
• The pictures you post of your product are extremely important and should be clean, clear, and appealing to your target audience.
• Have fun! Like every side hustle you will need to put in the work in order to see results.
Try this out and you are almost guaranteed to be introduced to a new revenue stream that has infinite growth potential.
Here is a unique way to get some cash for your old and even broken phones while saving the planet.
Almost instantly you can receive some cash by using an Eco ATM Kiosk to recycle your device.
You will need to search for an Eco ATM Kiosk near you by visiting EcoATM.com.
After you have located the Kiosk closest to you take proper precautions by factory resetting your old phone before exchanging it for cash. The price is given based on condition, model, and current value so don’t expect a whole lot out of this side hustle, nothing this easy will do much but it can help. As always don’t forget to wash your hands and avoid touching your face after using the machine. If you don’t have a machine in your area check out these additional options for selling used electronics:
Number 3 on the list is Stock Investing
Before you dive right in, the reality is that trading for a living is a tough job, one that requires a very specific skill set and risk tolerance.
This income stream requires you to spend some serious time educating yourself about everything related to trading. Day trading or swing trading for a living does not fund itself and so you’ll need a significant amount of capital just to get started as a professional trader.
Learning how to make money trading stocks will take time, but is an achievable goal. Getting started and making money trading stocks are two different things. If you’re new to the game, follow these steps to set yourself up for success as you gain experience:
TIPS When Just Starting Out
• Research market trends and focus on a small area of the market as you gain experience as a trader. Look for reputable sources where you can stay current on breaking news and study how the news effects the stock market. Continue doing ongoing research to gain understanding of which companies are worth investing in and why.
• Create a strategy that takes advantage of the short-term fluctuations in the value of each stock. Learn when to invest, how to read the charts, and how to stay emotionally balanced while trading.
• Create an account with a trading website that you feel comfortable with. Research is key here so make sure you do your due diligence and read reviews and BBB ratings to assure the website is reputable. My recommended trading websites are TD Ameritrade and Robinhood to name a few. TD Ameritrade also offers several how to trading videos you can watch to get all the details.
• Practice makes perfect and so before you start using real money you can put your strategy to the test by paper trading first. This will help you get familiar with how trades are placed and what decisions you will make when a stock is up or down.
This can be a little overwhelming so if this just isn’t for you we are moving on to number 4.
Make Money Blogging
Now is the time to start your blogging career! If you are stuck at home and deemed non- essential you have time to be productive.
When you visit any website you will notice several Google ads. These ads are everywhere, and for good reason. Not only are they easy to set up on any basic website, but they can bring in a steady income stream. This is one way to monetize your blog which is the ultimate goal if your pursuing a profit.
Getting started is the hard part when working to blog for profit. You will need to pick a hosting platform for your blog and brainstorm ideas and themes in regards to which direction you want to take. Word press is the current platform many bloggers use today. The number of total active websites is estimated at over 1.3 billion. it is really easy to build your website and it is definitely user friendly. Click here to get you started on word press today!
After choosing your platform you will need to get a little creative here and make an appealing website to attract visitors, keeping them engaged and coming back for more. You can do so by choosing a niche you can get a lot of content out of and begin driving traffic from social media. Also hit the ground running by telling friends and family to subscribe to your blog.
After you have created a website and you have started posting on your blog feed here are some more ways you can monetize your blog to make money.
Tips to MONETIZE your blog
• Add an online course or workshop to create a stream of income by teaching others about a topic related to your niche. People like buying online courses, even when they can find the same information for free. Your online course should be easy to follow and convenient for your target audience.
• Offer life, personal, or business coaching to teach prospects how to set and attain goals, overcome challenges, or avoid risks in ways they can put to work instantly. Prove your expertise through the content you create on a regular basis. Use blogging to increase your prospects success,
• Sign up for affiliate marketing by partnering with brands and businesses that relates to the content of your website. If you mention a product or service, you link to that product or service using a unique affiliate code you receive when you sign up for that program. By doing so you will make money any time someone buys a product or service through your link. Simple as that!
Some other ways to monetize your blog to make money is by selling ad space on your site, advertising yourself as a freelance writer, or selling E-books. Blogging is most useful when you seek to help others with the content you create so make sure your blog is making an impact.
Last on our list of how to make money from home during the covid-19 pandemic is by doing freelance work.
freelancing for profit
Getting started as a freelancer gives you a lot of room for growth and freedom. You work your own hours and choose the type of jobs you will do for someone and how much you will get paid in exchange.
Websites like Fiver offer a great platform to get your work in front of people who are looking for that type of service.
Here are some examples freelancing
• Graphic designing can make money by creating and editing logos, business cards, flyers, and all kinds of advertisements for businesses. You can also create and sell already made websites for a good chunk of change.
• Become a Virtual assistant by helping to perform a variety of tasks for businesses such as scheduling blog posts, SEO, managing social media accounts, accounting/ book keeping, or customer service.
• Offer online tutoring via video sessions or live chat. You can also use this option to teach a foreign language. Due to the pandemic teaching children can be a viable option since home schooling is at an all time high.
The Facts Prove that you have options!
With a ridiculous number of ways to make money online, the ones I’ve listed here are just the tip of the iceberg. If you are passionate in your niche and have minimal creative skill, you may be able to build an online empire with much room to grow. It all boils down to how much time and focus you are willing to put into your goals. If you want to be successful start living intentionally and get your side hustle on!
I hope this list pumped you up and motivated you to get started on building your next stream of income! If you have any questions leave me a comment below and if you enjoyed this blog please share it…I would really appreciate that!
- The Importance of Having Multiple Streams of Income
It’s as important as, stop everything right now and get some goals written down on paper as to how you will tackle this crucial task!
Not only will an extra stream of income come in handy to help you pay down debt faster and live more comfortably, but you will also have the ability to form more streams of income with that additional stream of income.
Crazy talk right? More like the truth serum we all need to hear because more money brings more opportunity. Or as the common saying goes; spend money to make more money. More streams of income equals more ways to create, produce, excel, grow, prosper, and enjoy your deserved freedom. Don’t be afraid to juggle more and add extra things to your plate of responsibilities, especially if you want to be extra! In my eyes this is what’s needed to live your very best life!
An additional stream of income is vital and possibly more important then having an emergency savings. A side hustle can potentially create limitless earnings, while your savings account can easily be depleted.
I feel the best business to create are those that make you feel like the sky is the limit. Starting a business that excites you and gets you all worked up about your next move are the real winners. But don’t be discouraged you may not find or create them right away. As long as you are able to visualize what life could look like while having multiple streams of income should set off a fire in your soul to search for and work toward the end goal.
Not only is having multiple sources a survival technique, it’s also a way to build wealth. If your job suffers, say you lose hours at work, you can have your additional stream of income to pick up the slack. No stress needed! Also keep in mind that the majority of self-made millionaires all have more then 2 sources of income.
Yes we are all guilty at one point in our lives for focusing on that one stream of income that forms the invisible comfort bubble around us. Treating it like a big baby and giving it all of our time and attention leaving you with no additional time seems like. You know the one that pays the bills and pays for the extra guacamole you love. Important I know! But what you should know is that although you have that miracle working stream funding your lifestyle, you also need that money maker that will fund your future hopes and dreams. I hope you have some! (hopes and dreams that is). That awesome 9 to 5 with the cool co-workers unfortunately isn’t going to cut it these days. Not only is it not going to cut it but you should also not settle anywhere near that! As harsh as this may sound, everyone is replaceable at the end of the day. Scary thoughts I know, but don’t get all worked up and stressed, instead take the proper steps to finding out who your inner entrepreneur is.
Maybe you have never even met that side of you yet, or maybe you think that’s just not you, and that’s totally ok, but you will never know unless you try.
I want nothing more then to get you motivated and confident enough to be able to plan for extra streams of income and work on them every single day if that’s the path you chose to take. I want these extra streams of income to be just as comforting as your normal 9 to 5 if not more comforting. Your side hustle can’t fire you or deny you a day off (just saying).
I know your reading this and your thinking well what the heck else can I do? I know because I have been in your shoes and I’m here to tell you that the beginning is tough. No I’m not here to have you join my team and sell any awesome products nor can I help you get rich quick, i’m simply here to share with you the importance of having more then one hustle and share with you my experience in doing so. You dont have to be average and follow the go to college, graduate, get a job routine that is ages old in order to be successful. You don’t have to earn like the average person or experience the same boring routine everyday.
Awaken that money making motivated individual you have built up inside of you. It can be a lot to think about at first and even more so tough because you will now open your mind and start wondering what it is that you are passionate about that could potentially help you build your 2nd stream of income. Some may even be wondering how can I make my first stream of income and quit my 9 to 5 altogether. Which is completely possible with time, effort, sacrifice, and an action packed plan. So possible in fact I am living proof as I quit my boring, well paid accounting job to follow this path. I know it only works if your willing to put in the extra work and do what others won’t.
Change your mindset and lifestyle shift your attitude to fit your future goals. You truly will have to become your own motivator. Your boss is not going to help you build your side hustle, therefore it’s time to become your own boss! Being an entrepreneur by experience is not for the weak minded or easily Influenced. Create your own path and build your own empire. You need to have common sense and a huge sense of humor for the amount of times you will fail, all while pushing yourself to start up once more without giving up. Prove to yourself that you are a winner and you are choosing to stand out from the crowd and do it for your number one cheerleader. Yourself!
While I’m not a millionaire or billionaire yet, I know I will be someday and I know I will give thanks to the multiple streams of income I’ve created over time. I’m proud to say I am self employed, self-made and live comfortably off of the streams of income I have built thus far and I’m driven to say, this is just the beginning.
What initially started as hunger to spend more time with my children and less time sitting at a desk has grown and flourished into something beautiful that is powerful and something I feel should be shared. So I encourage you to start now, allow yourself to grow, and get these streams of income ideas out of your mind and put them to the test. If you fail get back up and start again…You got this!
Below I’ll list some ideas and side hustles I have personally started and have grown from the ground up in order to help get the ideas flowing.
Always remember that you can do anything you put your mind to as long as you have an open mind.
My Top 10 Businesses You Can Start Right Now With Low Start Up Costs:
⁃ Become a reseller and sell used items in good condition on Poshmark, Mercari, EBay, Offer Up, Let go, or Facebook Marketplace
⁃ Create a sellers account on Amazon and Learn the Amazon FBA Business Model (Private Label or Retail Arbitrage)
⁃ Drive for Uber or Lyft
⁃ Deliver for Postmates
⁃ Freelance work on Fiverr (Build Websites, Design Logos, Create Flyers, Make Business Cards)
⁃ Create a blog and monetize
⁃ Sell handmade products on Etsy or create your own website such as Shopify or Wix
⁃ Start your own personal training or group fitness training
⁃ Learn how to invest in the stock market
⁃ Flip cars for profit
Thank you for visiting TheBossMillennialLasVegas.com stay tuned, and keep an eye out for more awesome content and don’t forget to stay motivated!
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- Speak It Into Existence
Let’s get real sometimes you need to talk yourself into things. You need to tell the universe whats brewing in your brain in order to get the idea out and get it in motion. Scream it if you have to but please put it out into the world and work on it every single day and by all means trust the process.
Remember that thing you wanted to accomplish but you were unsure and scared to take the plunge? Whether it was what seemed like a crazy business idea or something that you really wanted. I bet you told someone about it and talked about it a lot to feel more secure about doing it, and eventually you put your foot down and told your self to just do it and boom it actually worked out. Well my friend you spoke about it and put it out into the universe and kaboom it all worked out.
This is a common occurrence in my life because I firmly believe in speaking things into existence. I want to talk about it, teach it, live it, and breathe it. I want to put out into the world what I want and see for myself. I may not be able to see it yet but if I talk about it and allow myself to resonate my mind body and soul in my vision and put my words into actions I can reach for anything.
The sky is literally the limit these days with several directions to go. This is the era where high school, college, then career is NOT the norm any longer. We are a generation of options!! From side hustles, brand building, and making your own company you can really focus on bringing out your inner boss. You can go zero to one hundred quickly from your finger tips if you utilize your phone correctly.
The internet has taken making money to a new level and I don’t know about you but I’m jumping on board and self educating myself with all this free knowledge available to us. You know just fall down the YouTube rabbit hole from time to time.
What really fuels my love and hunger for being a successful entrepreneur personally is all the freedom and time I have to spend with my 3 babies. I’m so proud of this because I spoke about this for many years. I cried for it, prayed hard, and held my faith that one day I was going to have all the time in the world for my kids. It was like a dying wish to stop working my 9 to 5 accounting job and just be home with them. Let me tell you this want had me talking to myself, the universe, and everyone out loud all the damn time.
One day I dove right into the pool without knowing if I would sink or swim and by doing so I now do what makes me feel unstoppable. After everything I went through to become self employed I now make sure I speak my goals into the universe and own them. Why you might ask? Because this time I’m claiming it!! Whatever it is I want in business, in love, in life, or in regards to my kids, I am claiming it and will make that plan to achieve it. No more excuses because if you can think it and you believe in it hard enough you can claim it, the world is yours.
I feel like if you want something bad enough and you are taking all the right little baby steps to get there, well guess what chances are eventually you will. It’s pretty damn simple when you think about it and many times it’s all the over thinking we do that really builds a wall between our reality and our goals. This year take some time to break down your walls because dang you built them!!
This is the year to believe in yourself and your self taught ability to evolve and map out your future. Take some time out to visualize what your future looks like in a year with the same habits. Now say what you want to be different and set yourself up with the goals to be on your way. Speak and believe that you can jump and then learn how to swim along the way because we don’t always have it all figured out.
With today’s opportunities we should live as if we can’t afford to not seek and discover our true potential. So speak your truth, visualize your potential, write down your goals, and repeat after me “I don’t have it all figured out, but pretty soon I will!”