It may be that when you think in terms of expanding your efforts to earn extra money from home, that you only consider opportunities in the same genre as the ones you already have. This has its good points organizationally and logically – it will also help you as you won’t need to duplicate your efforts across the board.
However, it may also be a good idea to do something totally different that doesn’t fit together with anything you are already doing. This could be fun and offer some variety for you. For example say your home business is one that is centered around affiliate marketing programs. One way to expand might be to offer services for affiliates and to help them promote their business, such as list builders, solo ads, etc. This fits easily into your existing portfolio.
However wouldn’t it be fun to take up a craft that involves your hobbies or interests? For example have you always wanted to try your hand at making something like natural soaps and candles, or baking? This could be fun and may also become another source of income. A business based on arts and crafts is a lot more labor intensive than Internet marketing; but remember it is for fun and variety as well as extra income eventually.
Don’t do it unless you think it would be fun, as if not you may see it as one-too-many- things to do. You may be surprised that even when someone is totally focused to one thing, that you will find people that are more than willing to change the subject. They may actually be tickled by finding something they want out of the clear blue sky.
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One example is a gas station where obviously selling gas is the primary source of income. Usually gas stations have mini-marts where you can buy convenience items while you are there. These mini marts are a good little source of extra income.
However, this could go farther, possibly if the owners for example also make some delicious home-made fried chicken to sell to their customers. Nobody would be expecting this in a gas station or mini-mart and therefore it has some attraction as a novelty.
You can see how this could go on and on and eventually the gas station becomes incidental to all the other things that were added.
In my experience, even if related to your original concept, try and limit yourself to about three related concepts and do them well. It will pay you handsomely.
Common question for me when I tell people that I would love to live there. What do I see in Costa Rica? Well, let me tell you…
It’s the beauty of the place for starters. Volcanic mountains with some activity like Hawaii. It’s beautiful beaches like most caribbean islands. It’s tranquility. It’s happiness. It’s adventure!
I’m hardly an expert on the place and I have a tendency to be impulsive but a ten year plus history of saying that someday I would like to live there is hardly impulsive. I’ve been there. I’ve looked at real estate in different provinces. My preference is the mountainous northern Pacific area, although some friends recently stayed in the Manuel Antonio area in Puntarenas. I haven’t seen that area yet, so it’s next. [ Photo by: D.Convertini]
Currently, I am vicariously enjoying a book by Nadine Hays Pisani that could my eye in the Amazon Books site: Happier Than A Billionaire: Quitting My Job, Moving to Costa Rica, and Living the Zero Hour Work Week
This is the first book in the series and I fully intend to do more than just show you pictures of pretty beaches over the next few blog posts.
I also want to explain why I’m learning internet commerce and creating multiple streams of income. There are some residency requirements involving income in order to live there and I don’t speak enough Spanish to pass their medical boards. Although, this too might change. I currently think that I may wish a brick and mortar business related to health care or lifestyle improvement, but you never know until you actual get both feet in the water (or sand) and just do it.
Stay tuned and like and comment. Appreciate suggestions too.
My guitar instructor told me last week that despite the fact that I was away and only was able to play a couple of days, that I was continuing to improve and that if I would only find some time to practice, I could be really “good”. Now I don’t know if Derrick was just doing his best to encourage me or was telling the truth. It did seem to me that he was, however, telling a universal law that simply stated is that we become what we practice. It’s true in music, it’s true in marriage, and it’s true in business. If we want success in any endeavor, we need to practice the skills that characterize that endeavor.