Supplement
Income
Ideas for Stay at Home Moms
Supplement Income
"How do
I earn supplemental income so I can stay
home with my kids? I
really want to, but I don't think
we can afford it."
Supplementing our husband’s
income is very important.
Before adding more income, however, we need to make sure that we know
where our money is going, and we have done everything in our power to
keep our expenses small.  For
this reason, before getting started on earning more money, you need to:
Do
Steps 1 and 2 necessary to be a successful stay at
home mom.
You need to:
If you haven’t fully examined these sections yet, I highly suggest
doing so before moving on.
It is Far Easier to Spend Less
Than it is to Earn More
It is completely
pointless
to spend all our time trying to earn money to spend when we haven’t
first taken the time to plug the leaks caused by wasting money.
As
a
stay at home mom, it is our job to closely monitor
our spending
and this should be done long before we attempt to add more money to our
households.
Please take the time to go through
these sections and
implement whatever money saving strategies your family can benefit from
first. The supplement income section will still be here when you return.
This
site is about options. There will be many people
out there
that will try to fill your head with the thought that the only way to
make additional income is to open a home based business through Direct
Sales or Network Marketing.
These people
are wrong.
While both can be extremely profitable and life changing, they are only
extremely profitable and life changing for those who are suited to this
type of industry. If you are uncomfortable speaking to people, or
selling or recommending products, stay away from these industries.
While
I am not in any way trying to discourage you from starting out in these
industries – in fact, I highly recommend them- I
want you to realize that I am here to be honest with
you.
All of the ideas and resources here are
designed to assist you in helping your family. None
of the ideas presented are “Get Rich Quick”
methods; in fact, all take a great deal of time and dedication.
Every
opportunity that is legitimate out there takes time and dedication.
Anyone who tells you differently is selling something.
If
you want to “Get Rich Quick”, play the lotto and cross your fingers,
but please, leave this site now.
No
matter where you are in your life, no matter your education, situation,
or interests, there is the perfect opportunity
out there for you.
It is completely possible to
earn supplement income
at home without returning to the workforce. All you really need to do
is find out what you will be good at and go do it.
Offline
Income
There are many opportunities for earning supplement income available in
the offline world.
There are
simple things, requiring no skill, preparation, or much of an
investment of time, such as Research Studies,
and
there are more complicated, time consuming projects like
Surrogacy
and Egg Donation.
You can put your skills to good use and branch off into an offline
income source that is personal to you, or you can jump into a turnkey
operation, where you simply follow instructions and watch the money
roll in.
Online
Income
Many mothers have found the advent of the internet and the various
opportunities available online to be a lifesaver.
Mothers
who have babies at home, who lack
transportation, or
who have limited time available to dedicate to supplement income are
able to use the internet to gain income easily, and at their own pace.
The internet is a wonderful opportunity for those
who are homebound due
to disease or injury as well.
The online
opportunities list is expansive and growing everyday. Everything from selling
on eBay to online surveys to doing
customer service phone calls
is available online.
Do you write? The
possibilities are endless for
you. Like to take pictures? Wouldn’t it be nice to earn perpetual
royalties on them?
Website
Profits
 I am a firm believer that if you are alive, you
need a website.
Everyone needs a website.
And it doesn’t matter what the website topic
is.
Any hobby, skill, interest, or experience that
you have can be
turned into a profitable content based website.
You
do not need
to sell a product or service, or join a business opportunity in order
to form a successful site.
You also do not need to
know any technical
jargon or need design skills whatsoever.
Even if
you choose another route as your supplement income source, it is a good
idea to consider building a website in addition to
it.
Your supplement income source might be home
daycare.
You could parallel a website on that topic, and profit on your
knowledge of kid friendly snacks, preschool activities, or legal forms
for others wanting to open a home daycare.
This
section is
also a valuable resource for those who already have a website. Learn
helpful tips on how to gain more traffic and monetize your website.
Create
a Website and Earn Website Profits
Direct
Sales
Direct Sales companies are the home party plans. These are the Tupperware
parties and the AVON lady
that you are familiar with.
The Direct Sales
industry has grown to
encompass hundreds and thousands of different companies, where you can
find everything from clothing to bath products to tools.
While
traditionally these types of businesses have been done exclusively
offline, it is now possible to successful run a Direct Sales business
exclusively online, to supplement income, without ever having a home
party. Many consultants and managers in this industry do both.
The
Direct Sales section goes into detail about the industry, various
companies and opportunities, and even has a section full of valuable
tips and resources for those who are already involved in direct sales.
Network
Marketing
Network Marketing is very different from Direct Sales.
This
is a business model that focuses on recruiting others
to become distributors in your organization.
You
earn a monthly residual income
based on their purchases, and the purchases made from those they
recruit.
Like Direct Sales, Network Marketing has
traditionally been
done offline, but is now becoming an online and offline business
opportunity.
You have the ability to make
substantial money in this
industry, more than probably any other opportunity offered on this
site, but it is not the right opportunity for every person.
You
need to
be a self-starter, determined, dedicated, and able to see the big
picture in this industry in order to be successful.
The
Network Marketing, aka MLM or Multi Level Marketing section will
explain to you everything you need to know to get started in this
industry, and will give you tips and resources on how to be successful,
whether you choose to run your business online, offline, or both.
Even though these methods of earning supplement income are sometimes
not considered “real” jobs, make sure that you do
not treat them as hobbies.
Treat them as the
most important position
you have ever had. When you become an independent contractor, and go
into working for yourself, it is even more important for you to follow
the two fundamental rules for employment:
Show Up on Time and
Do What
You’re Told
When working
for yourself, the most valuable asset you have is
your reputation.
Your future income sources will depend on this reputation.
If
you do
not take your reputation and responsibilities seriously, you will find
yourself in a bad situation, unable to earn supplemental income in your
chosen field.
This might be the World Wide Web,
but those in your
respective niche do talk to one another, and everything you do online
is permanent.
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