Wednesday, March 15, 2017

Giving yourself a Pay Raise with Extra Income

Giving yourself a Pay Raise with Extra Income

Extra Income opportunities are basically work-from-home opportunities
that help augment your regular income. Many people are opting for
these work-from-home opportunities for the following reasons:

1. Most people think they are losing the battle to balance work and
family, time wise and income wise. If they are going to work 12 hours
a day outside home and just manage to scrape the bottom of the vessel
for survival, finally coming home to family too tired to spend any
time with them, is it worth the effort?

2. A burning desire to be financially independent and successful by
adding that extra income to their regular income with popular
work-from-home opportunities.

The very fact that these extra income churning work-from-home
opportunities have become popular is due to the above mentioned
factors. These opportunities present a lot of flexibility in spending
time with family and children, social commitments and of course
financial liberation. These extra income generating opportunities also
give you a chance to be your own master and work your own times.

How to find a suitable extra income generating opportunity? Here are
some dos and don'ts:

1. Analyze yourself and find out what your core competency is.
Marketing, Writing, Programming or anything else that you excel in.
2. Analyze what your friends and family see in you, what they praise
you for and what they criticize you for. This will help in narrowing
down your options.
3. Try and find out how different or relevant it is to your regular
job or work that you do today.
4. Ask yourself about the job satisfaction that you have today and you
might have if you get a suitable extra income generating opportunity.
5. Analyze the skills that you possess but have gone unused since you
have been working. Ask yourself, if you would be comfortable bringing
them out to generate that extra income?

After doing the above, research and analyze the opportunities
available by talking to people who already have extra income coming
their way or use the internet to find opportunities that match your
skills. Make a list of opportunities in descending order of your
preference with at least 5 entries.

Get going in a small way, spending about an hour a day. Try it out
before you commit to something.
Analyze if you like doing the work after a period of about 1-2 months
and see the extra income you earn. If you think that the work is
suited to you and the work has enough potential to earn you the extra
income that you were targeting for, try to spend more time and energy
on it to increase that extra income. If you see that you really don't
enjoy it, shift the focus to the second opportunity on the list.
Remember these opportunities are basically work being done for other
professionals and they have to be treated with professionalism and
care. You cannot take them lying back and expect returns. The only
advantage is that you will be doing what you love to do and get paid
handsomely for it.

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