ย 
Search

6 Ways To Generate More Income In A Time Of Need

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


Whether youโ€™re self-employed, a small business owner, or even work a salaried job, weโ€™ve all been hit hard.


Weโ€™ll look at some ways to create some extra income during this period of isolation and work-loss.

๐Ÿญ. ๐—ฆ๐—ฒ๐—น๐—น ๐˜†๐—ผ๐˜‚๐—ฟ ๐˜€๐˜๐˜‚๐—ณ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—ป๐—ผ ๐—น๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐˜‚๐˜€๐—ฒ.


If youโ€™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 youโ€™re a bit stuck. Thatโ€™s why I recommend the next one.


๐Ÿฎ. ๐—™๐—น๐—ถ๐—ฝ๐—ฝ๐—ถ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€.


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 ยฃ5 extra per product to ยฃ50-100 or more depending on the value of the product and how low itโ€™s been sold for.


๐Ÿฏ. ๐—ฅ๐—ฒ๐—ณ๐˜‚๐—ฟ๐—ฏ๐—ถ๐˜€๐—ต๐—ถ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€.


Know how to refurbish an older laptop with new parts? Buy 5 โ€œbrokenโ€ 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!


๐Ÿฐ. ๐—–๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ผ๐˜„๐—ป ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€.


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!


๐Ÿฑ. ๐—–๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€.


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.


๐Ÿฒ. ๐—–๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ ๐—ฎ๐—ป ๐—ผ๐—ป๐—น๐—ถ๐—ป๐—ฒ ๐—ฐ๐—ผ๐˜‚๐—ฟ๐˜€๐—ฒ.


Share your knowledge with the world and create an online course. These can range from ยฃ15 to ยฃ2000 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 ยฃ50-100 (profit) onto those and you sell 10. Youโ€™ve got ยฃ500-1000 sat in your pocket.

๐—ฌ๐—ผ๐˜‚ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ฟ๐—ฒ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜ 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 ๐˜๐—ฎ๐—ธ๐—ฒ ๐˜๐—ต๐—ฒ ๐˜๐—ถ๐—บ๐—ฒ ๐˜๐—ผ ๐—น๐—ผ๐—ผ๐—ธ ๐—ถ๐—ป๐˜๐—ผ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐—ถ๐—ป๐—ด, and everything that comes with creating a little side business.


Who knows - this could even ๐—ฏ๐—ฒ๐—ฐ๐—ผ๐—บ๐—ฒ ๐˜€๐—ผ๐—บ๐—ฒ๐˜๐—ต๐—ถ๐—ป๐—ด much more!


Feel free to ๐˜๐—ฎ๐—ด ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐˜„๐—ต๐—ผ ๐˜†๐—ผ๐˜‚ ๐˜๐—ต๐—ถ๐—ป๐—ธ ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—ฏ๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐˜ from this, or even just get a ๐—น๐—ถ๐˜๐˜๐—น๐—ฒ ๐—ฏ๐—ถ๐˜ ๐—ผ๐—ณ ๐—ถ๐—ป๐˜€๐—ฝ๐—ถ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป 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!


Iโ€™ve also created a ๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐—ต๐—ฎ๐—ป๐—ฑ๐˜† ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐—ฒ๐—ฏ๐—ผ๐—ผ๐—ธ that helps you if youโ€™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 Iโ€™ll be sharing why you should just get started with something - that applies to anything, work, hobbies, that bookโ€ฆ


Anyway, make sure you get outside (even just in your garden if you canโ€™t leave the house) and soak up some of that spring sun.


Ciao for now!


P.S. Check out my ebook here

11 views0 comments

Recent Posts

See All
ย