Hello dear readers in the last post you were asked to take a good look at all your capabilities and decide what you do best and enjoy doing most. When evaluating your abilities, don’t eliminate anything as too minor or insignificant. List everything you feel you can do with a fair amount of skill.
You got to this point because you did what was requested in the previous five posts. If you missed these posts here are their titles:
- Finding what you want in life & in a part-time enterprise
- I feel as if I’m meant to do something I just don’t know what it is
- Everyone has a passion – discover yours
- Do you have the assets to pursue your passion
- Personal assets you have
Now look at your list of everything you feel you can do with a fair amount of skill and decide which fits the following considerations best:
- 1. Is there a demand for this? This you can determine largely from observation.
Many people are so caught up in their careers; they don’t have enough time to do the regular things that need to be done around the house. They are willing to pay others to do it for them. Some examples are cutting grass, cooking, washing cars, and running errands along with taking the kids to ball games, etc.
Many people getting up in age can’t do the above things, along with other simple things that are easy for most people, like washing windows, dusting, washing the dishes, driving to the grocery store or library, watering the flowers, and sending out birthday and holiday cards. Just use your imagination about the kinds of things you could do that other people can’t do anymore, and you will be on your way to earning a large extra income. The best thing is, once you start these services, they will need and want you to do more and more.
(Remember to be good to your customers and give them what you have promised) Happy Customers are your best advertisement, and their word-of-mouth is free advertisement.
2. Inquire among people you know and can become acquainted with through businesses or organizations about the marketability of your service or product. Wherever possible, try it out on a small scale and see for yourself how it sells. As long as you are starting this as a second income, you can afford to try it out cautiously in the beginning. You should do this as thoroughly as possible before you invest a great deal of your time or money.
3. What is the income potential from this? You will need to figure as nearly as possible what your cost per sale will be for your product or service. Take the cost of the material you must use; then compute the time it will take you to complete it. Charge double that amount for your profit. When you decide how much time you can give to the operation, you will have a fair estimate of its future financial potential.
4. How long will it take to reach this potential? This should not be too difficult to estimate when you have worked out the details of step 2. Once you know how much time you can give to the operation and what your profit is for that time, it should be a matter of simple addition to determine when you can hope to reach your goals.
5. How can I maintain myself while reaching that potential? This will probably depend largely on how much work you can handle—after hours and for how long. You may want to take a look, also, at the possibility of turning this into a full-time operation somewhere along the line before it has reached its top potential.
All these considerations must be handled by each prospective business owner in his own way, but they should be carefully answered before the actual Part-Time Enterprise is undertaken.
Please spend some time on this step because it will answer several questions you may have about perusing you Part-Time Income Enterprise.
TIME is what we will be talking about in the next post. So please take some time to think about and answer the above questions.
Here’s To Your Success,
Until next time!
Prosperously yours,
Jerry
P.S. Remember The Buck $tarts Here
Jerry Scicchitano
Jerry Scicchitano 