Tips on How to Earn Money from Home

January 2, 2014 | By | 1 Reply More

how to earn money from homeAre you looking for ways to supplement your income, or find other means to make a living? One option is to look for ways to earn money from home, whether part time or full time.

There are many opportunities for earning money from home – from buying into a turnkey business opportunity system, finding work at home employment, starting a home-based business, or even buying a home-based franchise. Some of them will pay off well, while some are just enough to give you additional cash that you can use. Some of them will require more investment, while others just involve your time. The key is to know what interests you, what you’d like to do, and what your resources can allow you to do.

Here are some opportunities for earning money from home:

Start a home business.

One option to earn money from home will be to start a home-based business. Your home can be the location of your full-time job and the primary source of income. Or it can be a part-time venture providing for an extra income for the family. A home business allows you to make your own hours, commute to work in seconds, make your own choices and become your own boss. Our business ideas channel offers a number of possible businesses you can start from home.

Read the article 21 Steps to Starting a Home Business and choose the right business idea for you.

Start a home-based franchise.

There are a number of franchises that you can operate from your home, from business consulting to home-based pet services to home services. Home-based franchises typically have lower cost to entry compared to traditional franchises given the lower franchise fees. The fact that these franchises can be operated from home allows you to save on the overhead costs of running a storefront.

Start an online business.

The Web offers huge opportunities for those who want to earn money from home. You can gather all your junk and sell them on eBay or Craigslist. You can also sell online and open your own Web storefront. There are also many business opportunities that are available on the Web where you buy into their system of making money (just beware of the scams out there, though). If you love to write, you can also earn from blogging and monetize your web site with online advertising. Read the article How to Earn Money on the Web.




Turn your hobby into a revenue source.

It’s great to delve into an interesting hobby such as artwork, photography, or crafting paper jewelry. It’s even more exciting (and financially rewarding) to turn your special talents and passion for your hobby into a successful home-based business. If you are an amateur photographer or simply someone who loves to dabble in photography, you may be able to earn money from your stock photography images. If you have created a blog or web site to talk about your hobby,consider turning the web site into an income generating vehicle by putting ads or affiliate programs. If you love to shoot videos, consider turning this hobby of video production into an income-generating opportunity.

Turn your skills into an income-generating opportunity. The skills that you employ (or used to employ) in your day job can be used to help you earn money on the side. Whether you are doing web design , writing, desktop publishing , or computer repair , you can use these skills and work on the side, possibly on a part-time basis. However, be sure to read the policies of your employer particularly if you have a non-compete agreement (just make sure that you are not touching their clients and that you find your own customers).

Read the article How to Turn Your Hobby into a Successful Business.

Participate in market research.

Companies DO pay to get people to do surveys and testings. You can get paid from participating in marketing research panels and studies, including focus group discussions. You can also get paid by doing usability tests for websites. Sure, there are many scams out there pretending to pay you but will simply make you fill up an endless batch of surveys for a chance to “win in a raffle.”

But there are real ones out there — legitimate market research companies hired by big businesses to conduct research for them, and get data from actual users. Companies go to market research firms to test various things affecting their products — e.g. finding the right name for the product, placement of logo in the packaging, how the consumers are using the products, finding the right taste for a product, among other things. Big businesses rely on data before making any marketing decisions — and they get that data from extensive market research that they do. These market research companies in turn need to have a large user panel base from which they will draw a sample of the client’s target market.

You can be part of the user panel base of these market research firms. However, you need to be “pre-qualified” first before you can get into their user panel. Legitimate market research firms don’t just accept anybody and then pay them for taking surveys. If the market research firm has a big client for a baby product, chances are they market research firm will looking for moms who’ve given birth in the last 12 months. This approach is also the same for focus group discussions.

Earn Money Testing Websites

Unless you’re living under the rock, you’ve probably heard about the debacle of Obamacare’s website. When the site was launched in October 2013, it crashed and couldn’t handle the load of users trying to sign up for healthcare insurance. Part of the reason cited was that not enough testing was done on the website before it was launched.

One way to earn a little money is through testing websites. User testing is an important process in website, app and game development. Companies do not simply unleash the websites they’ve created once it is done. Instead, they spend time testing the website to determine whether the navigation is clear, whether the website works across platforms and different browser versions, whether all links are working, whether the app or website is functioning as it is designed. Companies use the data to troubleshoot and finetune the website or app before the launch. Check out sites such as UserTesting.com or  Userlytics.com and start earning money testing websites.


 

 

Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages Women Home Business, Starting Up Tips and Learning from Big Boys. Connect with her in Google +.

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Category: Earn Money

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  1. geraldo says:

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