So many of us think of our paycheck from our 9-5 job as being “secure”. That’s a big reason we don’t want to actually take that leap of faith and start our online business. We love that secure paycheck coming in each pay period.
But is it really as secure as we think it is?
What if your company does mass layoffs suddenly? I’ve seen family members lose a job after 15 years out of the blue. Or what if they limit the hours you can work?
With recent events, like the coronavirus pandemic, having schools and many businesses closed, suddenly the reality of having income and livelihood depend on someone else became very apparent to so many people.
But when you know how to make your own money online, you’re in charge of your own income.
Hearing my friends talk about the uncertainty they felt about their job security during the recent coronavirus pandemic made me realize that I didn’t share their same fear for my income because I know how to make money online.
I want everyone to have the same comfort I experienced.
Here are some things you can do to start your own online business and prepare so you’re the one in control of your income.
Do an inventory of your skills, passions, and abilities
There are plenty of ways to make money online but you aren’t going to enjoy all of them. Just like with any other career options out there, not every online business type is for everybody.
So to make sure that you actually enjoy your new business, do an inventory of what you actually like to do, what you love to learn and talk about, and what are some skills that you already have that could be useful. If you want some guidance on this, check out this free worksheet I created to help you out.
Research ways to make money online doing that
You can pretty much make money doing anything when it comes to online businesses. Now that you’ve done the inventory of your skills, passions, and abilities, you’ll need to research potential business ideas that fit the bill. You can start doing some good ole Google searches for businesses around your passions.
Another way to see what people are successful with is to try searching YouTube for content on this topic. If you see videos talking about your passion with thousands of views, then you know it’s something people are interested in seeing more about.
The caveat here is that just because you don’t see videos doesn’t mean people are interested in your topic. It could just mean they aren’t looking for it on YouTube. In that case, you’ll want to do some more digging online to see what’s out there.
For more ideas on how people make money with their passions, check out this post.