How many senior managers are there at your place of work? And
how many others are there? The ratio is likely to be anywhere from
40:1 to 200:1. So if you have their education, background, ability,
contacts and perhaps luck, those will be your odds of making that
kind of money also. If you lack any one of those parameters, the
odds increase exponentially.
Then ask yourself how long you would have to wait before you
started earning that sort of cash? By the time you start making
enough money to relax with, it's nearly time to retire.
Pah! You want the cash NOW, just when you need it most - when
you want to build a home, raise a family, do stuff, take activity
holidays, drive a fast car or whatever.
So what do you do about it?
Well, you could look to get into one of the more lucrative and
growing business sectors such as computing, finance or recruitment.
Or one of the traditional ones such as law or accountancy. Any of
these may mean re-training. And you must be sure you are going to
at least enjoy it a bit. Alternatively, you could put your efforts into
Number 1, above, which may take years to develop, or…
Have outside interests! This is much more fun. Don't fall for getrich
quick schemes (because they are anything but) or homeworking
schemes. And be wary also of MLM (multi-level marketing)
Keep your eyes and ears open. Talk to friends. Can you club
together and start something? Think about what interests you; what
you already know something about. What have you learnt from your
employer than you can apply outside? Can you trade your skills
elsewhere? Are there certain elements of what your employer does
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that you could do better or cheaper? You certainly won't have the
overheads they have and that will make you cheaper. Are there
ideas and suggestions that would work but which they have failed to
or refuse to take on board? "Ripping off" your employer in this way is
probably the most common way of doing your own thing.
Accumulate everything you can from them that you think might help.
Keep these questions in your mind and sooner or later ideas will
start to flow, often in the most unexpected places.
I'm always on the look out for good part-time business ideas
myself to pass onto ProFile members. Perhaps I will have the
opportunity to divulge some to you in the future.