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6 Ways To Generate More Income In A Time Of Need

I’d like to share some positivity, and hopefully help people reduce the stress they are under at the moment due to losing income.


Whether you’re self-employed, a small business owner, or even work a salaried job, we’ve all been hit hard.


We’ll look at some ways to create some extra income during this period of isolation and work-loss.

𝟭. 𝗦𝗲𝗹𝗹 𝘆𝗼𝘂𝗿 𝘀𝘁𝘂𝗳𝗳 𝘆𝗼𝘂 𝗻𝗼 𝗹𝗼𝗻𝗴𝗲𝗿 𝘂𝘀𝗲.


If you’ve got extra time on your hands, go through all of your stuff you have hoarded away in cupboards, and see what can be sold. Take some bright and clear photos and put them up on eBay, Gumtree, and Facebook marketplace. This good for a quick fix but once you run out of things you want to sell, then you’re a bit stuck. That’s why I recommend the next one.


𝟮. 𝗙𝗹𝗶𝗽𝗽𝗶𝗻𝗴 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀.


Check out the usual places online to buy things for types of products that are being sold low. Get them at those low prices and put them up for what they are worth. This could be from £5 extra per product to £50-100 or more depending on the value of the product and how low it’s been sold for.


𝟯. 𝗥𝗲𝗳𝘂𝗿𝗯𝗶𝘀𝗵𝗶𝗻𝗴 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀.


Know how to refurbish an older laptop with new parts? Buy 5 “broken” laptops. Wipe them and upgrade the parts. Want to try your hand at carpentry and furniture refurbishment? Sand down some old tables, paint and revarnish. Sell them on for a 25-50% profit!


𝟰. 𝗖𝗿𝗲𝗮𝘁𝗲 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀.


Have you got an idea for a product? Make it and put it up on Etsy or Shopify and sell, sell, sell! Your own products can range from any price - look at the market and see where others are positioning their work. Remember, be unique!


𝟱. 𝗖𝗿𝗲𝗮𝘁𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀.


Are you a photographer? Created some unique presets for your work? Create your own set of presets and sell them online. Are you a graphic designer? Create some t-shirt designs and coffee mug designs and sell them on Etsy.


𝟲. 𝗖𝗿𝗲𝗮𝘁𝗲 𝗮𝗻 𝗼𝗻𝗹𝗶𝗻𝗲 𝗰𝗼𝘂𝗿𝘀𝗲.


Share your knowledge with the world and create an online course. These can range from £15 to £2000 or more, depending on how much work you put into it.


Look at all these listed above and work out the kind of income you could potentially make from it. Refurbishing laptops and selling them?


Adding £50-100 (profit) onto those and you sell 10. You’ve got £500-1000 sat in your pocket.

𝗬𝗼𝘂 𝗰𝗼𝘂𝗹𝗱 𝗿𝗲𝗶𝗻𝘃𝗲𝘀𝘁 half to buy more unloved computers and continue refurbishing, buying more expensive laptops, upgrading with more expensive parts and selling for a higher profit.


A lot of people have much more time on their hands now, so 𝘁𝗮𝗸𝗲 𝘁𝗵𝗲 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗹𝗼𝗼𝗸 𝗶𝗻𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴, and everything that comes with creating a little side business.


Who knows - this could even 𝗯𝗲𝗰𝗼𝗺𝗲 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 much more!


Feel free to 𝘁𝗮𝗴 𝗽𝗲𝗼𝗽𝗹𝗲 𝘄𝗵𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝘄𝗼𝘂𝗹𝗱 𝗯𝗲𝗻𝗲𝗳𝗶𝘁 from this, or even just get a 𝗹𝗶𝘁𝘁𝗹𝗲 𝗯𝗶𝘁 𝗼𝗳 𝗶𝗻𝘀𝗽𝗶𝗿𝗮𝘁𝗶𝗼𝗻 to find their own thing to start.


If you are struggling to think of something to sell, drop me a message and I can help point you in the right direction!


I’ve also created a 𝘃𝗲𝗿𝘆 𝗵𝗮𝗻𝗱𝘆 𝗳𝗿𝗲𝗲 𝗲𝗯𝗼𝗼𝗸 that helps you if you’re struggling to think of a niche for an online course. It helps you come up with your own topics that you are knowledgeable in, and realise that anything can be taught.


Feel free to check it out here:


https://www.lukestratta.co.uk/7-results-driven-ideas-ebook


Tomorrow I’ll be sharing why you should just get started with something - that applies to anything, work, hobbies, that book…


Anyway, make sure you get outside (even just in your garden if you can’t leave the house) and soak up some of that spring sun.


Ciao for now!


P.S. Check out my ebook here

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© 2020 Luke Stratta