online side hustles

Finding online side hustles that actually work (2019)

Finding online side hustles that actually work (2019)

If you want to identify online side hustles that actually work its’ best to look at those categories which have stood the test of time online. So what are those categories?

Research has shown there are five main categories which have proven successful for people to start their own side hustle.

Gigs.

This is by far the easiest and cheapest category to start because you don’t need to create your own product because it’s you. Search for freelance sites, there you’ll find they have hundreds of mini projects or task-based work (often referred to as ‘gigs’) that you can pitch for. All you need to do is to find the gigs that match your own skills and submit your proposal thereby getting people to pay for your services.

Affiliates, partners, joint ventures.

This is an almost free online side hustle, again because you don’t need your own product. Affiliation, partnering or JV ’s is all about promoting others’ products that you know and trust. Although you don’t need to develop a product you will need to build an audience, most likely through social media, blogging or review sites or videos so that people will act on your recommendation.

E-commerce.

Unless you live on a desert island, almost everyone knows about e-commerce. In its simplest form it’s opening a retail business online. There are many courses that you can invest in, there’s also an abundance of free tutorials and online courses available if you know where to look.

3640330_1552483754UYXgigs.jpeg

One of the main issues of running an e-commerce business is managing all the various parts of the business such as branding, marketing, getting products to the customers, and keeping control of stock to name but a few.

Sites like Amazon and Shopify make this look easy and when you scale up your e-commerce business it’s possible to automate pretty much the full end-to-end business model.

Courses and programs.

Information products can be a great side hustle that over time can become your full-time income stream. It takes time to be established and it’s important your potential customers recognise and associate you as an expert in the information you are promoting.

Your course should demonstrate and deliver the solution that your audience struggles with. Get this right and you will have an evergreen source of income.

SaaS.

SAAS or software as a service is essentially the development of a software application that can be used offline or online. It’s a program that helps to solve a problem or help to leverage specific other resources.

A great example of a SAAS is Sumo, which helps solve the problem of generating leads for businesses. The hardest part of running a SaaS business is to stay competitive because frankly, anyone can just copy your software idea nowadays.

These are the main categories where you will find a good audience reach for your side hustle. They each require different resources, skill sets, and experience.

If you haven’t yet decided on your side hustle but want to make money from it quickly. Then the easiest one to start will be offering a service or services, by way of Gigs.

When you are ready, MyBizTips has collaborated with a top-tier, highly successful online entrepreneur to offer you this how-to-start-a-business course for only $27! It’s a one-time payment; no hidden charges.

Take advantage of this offer now at PASSIVE SCHOOL.  🤑💸💲💰

Till next time… 

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

coaching tips newbies

5 Business Coaching Tips for Newbies (2019)

5 Business Coaching Tips for Newbies (2019)

When you start out on the long road to running a successful business, be it online or from your own home, you’ll come across challenges and personalities you’ll wish you could have avoided.

But after all, everyday’s a school day and there are always life lessons to be learned.

I thought I’d share with you some “coaching tips for newbies” things I wish I’d known when starting out….

Overcoming adversity, through tenacity.

Ploughing through adversity is one of the very best personal development experiences I’ve had. I always used to put my ‘never give up’ attitude to me just being pig-headed. But no, it turns out it’s a very good personal skill to have, I only discovered later that what I thought was being a bit stubborn – not letting go until something is either done or broken, is actually tenacity.

Everyone starting their own enterprise goes through some degree of hardship, the more you do and the more you don’t stop will build valuable personal and professional skills.

Tenacity, perseverance, adapting to and managing change, agility, resilience, humility and grit all help to equip you for success. 

Take time to think – but don’t procrastinate

Thinking time, you need this, especially in the early days/weeks/months of starting your business. Go for a walk sometimes, just to clear your head before taking action can even help you see a different way of approaching a situation or a perceived blocker.

But be careful that you don’t let thinking turn into non-action.

There are many ways to procrastinate so be aware and conscious of what you are focussing on and what your end-game is.

We are all in the values business.

There’s a saying, people don’t care what you know (or offer) until they know how much you care. Taking a look at your business and knowing what it offers is just one side.

Try to think of your business from that of your ideal customer. Look at what he/she wants to receive, how they feel when their desires are met, conversely – when they aren’t. What value do your customers place on the different channels or services that you offer?

Find and nurture your best talent.

I don’t mean talent in a team / network way, although that is important as you grow. No, I mean your personal talent. Are you good at writing, do you prefer one-to-one meetings, telephone, maybe you enjoy being in front of a camera?

These are all talents, some lend themselves better to your enterprise than others. Some work better as a channel for you to find customers.

Find your talent and build on it.

The final tip I can give for now is

finding a small group of good people who can help you build your team.

These can be assistants, part-time help, friends or mentors. People you know, some you may have to pay, others will volunteer their time and skills for you – depending on your relationship.

Pick people who want you to succeed, keep away from negative people and doomsayers. Build a team of positive influence and your business will almost certainly succeed. 

When you are ready, MyBizTips has collaborated with a top-tier, highly successful online entrepreneur to offer you this how-to-start-a-business course for only $27! It’s a one-time payment; no hidden charges.

Take advantage of this offer now at PASSIVE SCHOOL.  🤑💸💲💰

Till next time… 

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

small business consulting

Small business consulting: Why I don’t do coaching

Dictionary description:-

Coach: is a person who supports a learner, or client, in achieving a specific or a set of specific personal or professional goals by providing training and guidance.

Mentor: a mentor is a knowledgeable and experienced person who assists another (the client, or student) in developing specific skills and knowledge that will enhance the less-experienced person’s professional and personal growth.

Image by TheDigitalArtist on Pixabay

What does a mentor do?

The following are among the mentor’s functions:

Teaches the student / client about a specific issue

Coaches them on a particular skill

Facilitates the client or student’s growth by sharing resources and networks

Challenges the client/student to move beyond his or her comfort zone

Creates a safe learning environment for taking risks

Focuses on their total development

Is mentoring and coaching identical?

No, not really.

People often confuse mentoring and coaching or they consider them to be one and tha same thing. Although they are related, they are not the same.

A mentor may be a coach, but a coach is not a mentor. Mentoring is “relational,” while coaching is “functional”.

There are other significant differences.

Coaching characteristics:

Managers coach all of their staff as a requirement of their job

Coaching takes place within the confines of a formal manager-employee relationship

Coaching often focuses on developing individuals within their current job roles

Interest is functional, arising out of the need to ensure that individuals can perform the tasks required to the best of their abilities

Any coach/student relationship tends to be initiated and driven by an individual’s manager

Relationship is finite – it usually ends once an individual learns the skill or is transferred to another job role

Mentoring characteristics:

Takes place outside of a line manager-employee relationship, at the mutual consent of both the mentor and the student/client

Is most often career-focused or it focuses on the professional development that may be outside of the client/student’s current area of work

The relationship is more personal – a mentor provides both professional and personal support

A relationship may be initiated by a mentor or created through a match initiated by an organization

The mentor/client (student) relationship crosses any job boundaries

The relationship may last for a specific period of time (nine months to a year) in a formal program, at which point the pair may continue in an informal mentoring relationship. Or it can be open-ended, where the relationship continues with time period as the student matures and the mentor becomes more of an observer / friendly ear for advice.

Image by Tumisu on Pixabay

I’ve been asked often to coach people on small business consulting, I don’t like to do that. For me, coaching is too much like teaching. I much prefer to provide mentoring support, why?

Because it’s that much more personal, it’s more broad and the results are so much more satisfying, seeing a person grow in both knowledge and personal skills and self-confidence are so much more worthwhile than simply teaching someone to complete a set of skills that will only improve one part of their life.

Mentoring small business owners and entrepreneurs is a great way to help them in their early stages of development. A friendly ear to listen, a knowledgeable and experienced expert that can help. Someone who will not only support you when you are almost ready to quit but someone who will make you accountable so that you stay on track. We all need someone we can look to for support, a mentor – at least a good one, can do that for you too.

By the way, MyBizTips has collaborated with a top-tier, highly successful online entrepreneur to offer you this how-to-start-a-business course for only $27! It’s a one-time payment; no hidden charges.

Take advantage of this offer now at PASSIVE SCHOOL.  🤑💸💲💰

Till next time… 

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

What is a side-hustle?

What is a Side-Hustle? 🤑💸💲💰

The concept of having a side-hustle is not something new. This is because as people experience an increase in the cost of living, they tend to find other ways of ramping up their income.


Image from Pexels

Therefore, passive income is basically income that you can earn with little effort so as to grow your financial portfolio. Many at times this income can be generated on your free time which gives you an opportunity to work on other tasks.

If you want to get started on your side hustle and you are a newbie don’t worry below are some tips you can follow: 


-Find something that you are passionate about


-View your side as a potential income generating opportunity


-Be patient and persistent


-Dedicate some amount of time and stick to it.


Let us look at some of the home based business ideas that you can make a living out of it:


1) Handyman


This is a person who is skilled in home repairs, maintenance, plumbing fixing leaky taps and cisterns. You can make real money out of it because you just need to learn the technical skills that requires from it and can solve the problems. 


2) Online writing


Do you want to make a stable income through writing? Well, nowadays there are reputable organisations that are offering freelance writing and they pay well. Some of these fields include blogging services, educational content, SEO articles, business content and many more. Just search on Google and you’ll find out lots of them! 


3) Social media management


This is another field that you can make a good money. It includes three social media disciplines such as social engagement, analytics, and listening. You can learn and develop some of these skills and you will be paid for working. This is highly in-demand these days, so I suggest to start learning this skill! 


4) Bookkeeping


This is a systematic recording of financial transaction for a certain company. It is also a field that you can be paid by a decent amount of money to do bookeeping. Just make sure you have the skills and if they require licence, then you should be able to provide it. 


5) Drop shipping business


This is another massive field that you can generate good money. It involves having a store that sells products using a fulfillment service. Therefore, it is important to look for legit manufacturer or wholesalers and you will make your money without necessarily working for 40 hours a week.


If you want some free business tips subscribe to www.mybizztips.co.uk and you will receive a weekly (once or twice) newsletter to help you grow your side hustle.

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Additionally, you can utilise the coaching course from Passive School and you can start planning and launching your side hustle in a few weeks! 

Till next time… 

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

P.S. Do you want to get help with your online business, but have a small budget? I have partnered with a very successful online entrepreneur to provide a low cost but high-value coaching course, go and get your access to the course right now click here.

brexit and what you should do

{CANT BE UNSEEN} 3 Start up tips you need to know

😉 3 Start up tips you need to know

I’ll keep this short today after my epic article about Getting other people to pay your kids through college.

Here’s a short list of tips on how to keep your new business on track….

To get your startup going – you have to START! Obvious right, well yes, but lack of action will keep you where you are now, best case, or worse – you’ll slide backwards. You’re enthusiastic about your idea get moving on it.

Make sure it’s legal. Obvious, but I just had to say it.

Check whether you need a licence, insurance or qualification to be able to start your business. You should already be aware of this as part of your due diligence.

Fail forward. Get going with your new business, make mistakes as you go.

Unless you are VERY lucky, in the first few months of building your new business you won’t have many customers, sadly it’s true. Now is the best time to learn the ropes so that when you make mistakes, believe me, you will, you will only upset a few people at the most, if anyone actually spots it. When you do, you can correct it the mistake and ‘fail forward’.

Get the tax facts and know where you stand.

Sorry, the dreaded inland revenue will want their cut for doing nothing, when you start out, don’t worry too much about this.

You should be able to get by on having an accountant do your numbers at the end of the year. Just keep simple financial records and keep every receipt – let your accountant figure it out at the end of the year.

Once you engage the services of an accountant, be aware that an accountant is qualified to do your financial statements, they are not tax experts or be able to offer you good tax advice on how to fully tax efficient.

As a suggestion, I recommend you employ a tax adviser at the same time you engage an accountant. It’s more important to discuss your business plan with a tax adviser than your accountant.

Until next time…

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

https://mybiztips.co.uk/

PS. Let me help you with some really excellent coaching to get you started, I have partnered with a very successful online entrepreneur to provide an entry-level, but high-value online marketing coaching course, you can take a look here

8 occupations that won’t exist by 2030

What have you done in 2018 that makes your future self proud?

Amazingly it’s the end of yet another week, we just slipped quietly from October into November, that’s 10 months of 2018 gone, if like me, it seems it went in the blink of an eye – right?

We’re now less than 60 days from 2019, soon we’ll be celebrating Christmas with friends, families and co-workers, for those of you still in paid work anyway.

Inevitably the conversation will come round to 2019 and ‘your New Years resolution’.

But, I want you to look back to last New Years Eve.

Did you make any resolutions? Did you write them down? Did you review them every day? Did those resolutions come to fruition?

I’m guessing very few of you did anything past making a resolution or two. I’m willing to wager almost no-one has fulfilled a single one of them. If I’m wrong let me know, you know how to contact me.

So where you are right now is a result of everything you’ve done in the past, what you do now can and will change your future. Today is ‘the future self’ of the last New Year, is today’s ‘future self’ from then, proud of what you’ve achieved? If it is, I’m proud for you too, but what if it isn’t? What will you do today that will change your direction and provide velocity to your goals and dreams?

online business startup

Don’t wait for New Years Eve to make some fluffy resolutions. Sit down now and look at where you want your business and your life to go, write it down, start a plan – an action plan. Start with small steps and tasks and I guarantee that by the time New Years Eve comes around these 60 days will make your 31 DEC ‘future self’ proud.

If you are serious about becoming financially free and secure, stop working to someone else plan and work to your own. Commit to doing something every day in your business that moves it forward, however little it seems, every step forward is growth. Do it so your future self will be proud of you.

Until next time, thanks for reading.

PS. If you’re working to a tight budget but would still like to get some excellent coaching to get you started, I have partnered with a very successful online entrepreneur to provide an entry-level cost, but high-value coaching course, you can take a look here.

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

https://mybiztips.co.uk/

BREXIT and what you should do?

BREXIT and what you should do?

If you’re in the UK or Europe this has to be the biggest topic of discussion and discontent (outside of the Spanish / Catalan independence fight).

Whoever you listen to, whichever side you fall on personally, neither seems to have a happy ending or a silver bullet that puts this right.

I don’t want to be too political here or offer my opinion on the pros and cons of in or out. I do know that it’s confusing and has created levels of uncertainty wherever you turn.

So, what can YOU do about it?

Stop looking outside to the politicians or big corporations, even to your own employer, it is – and always has been, in your own hands.

If you haven’t already started your own business or looked at strategies to create multiple streams of income, you better do it now.

In or out of the European Community, the UK economy can’t be your only market, do what the Global Corporations do – and go global. The world wide web is your access to the global economy, if I were you, that’s where I’d start!

brexit and what you should do

What’s the use of having traditional bricks and mortar business and you have to rely on people walking into your store? The internet opens up the global stage to you where potentially millions of people can find your business if you know how to get them to it!

Think about that for a minute.

Until next time, thanks for reading.

If you’re working to a tight budget but would still like to get some coaching to get you started, I have partnered with a very successful online entrepreneur to provide an entry-level coaching course for only $27 one-time-payment, you can take a look here.

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team

https://mybiztips.co.uk/

work from home

Your Must Have 8 Essential Tools To Start Your Home Based Business

Here we are again, the end of yet another exciting week!

Hope yours has been as productive as mine!

If you’re new to this whole home based business idea and you’re still finding your feet, remember that it doesn’t matter whether you have a traditional real-world brick and mortar type business or an online one, in both cases the digital age pretty much forces us to have a presence online.

UK home business timesuck

With that said, and knowing how daunting it can be when first starting out, I thought I’d list 8 tools you can use in the first weeks of establishing your home-based business or your online presence to support your traditional one. Here goes…..

1 – Your own website domain and hosting using Hostgator

2 – An autoresponder (WTF is that? ) take a look at AWeber

3 – Squeeze Page / Optin page using the tool welcome.ly

4 – if you’re in e-commerce a shopping platform, you can use Shopify

5 – A Lead magnet ( pdf ebook creator) made using Designrr

6 – Video Production course; iPocket Video

7 – Helping hands; through freelancers/outsourcing  –  http://bit.ly/mbt5r  

8 – Confidence / motivation …..  ( http://bit.ly/mbtcoach )

Not that long an article today, it’s the weekend – take a chill pill, then start working on your future.

Until next time, thanks for reading.

If you’re working to a tight budget but would still like to get some coaching to get you started, I have partnered with a very successful online entrepreneur to provide an entry-level coaching course for only $27 one-time-payment, you can take a look here.

Commit To Success – We Are Part Of Your Team,

Peter Bright and the MBT Team