10 Business ideas to generate #income.

Looking to escape your day job? Or just looking to increase your disposable income with a side hustle.

Check out my 10 favorite #moneyideas that could let you fire your boss.

(Thread) 👇
1. Re-selling goods

Look on local #Facebook groups for items that you could add a markup on and re-sell. Most people selling are looking for extra cash, so you could even negotiate a cheaper price. You don't even need to buy the product before you advertise to sell it.
2. Tutoring
Technology has fast tracked our ability to connect. Target a specific niche. You could teach English online, science, math, or even music. I personally use this to increase my income each month. There is a global audience wanting to learn. #onlinelearning
3. Ecommerce Store Owner
Global retail ecommerce is expected to reach $27trillion. Why not grab your share of that market. Select a niche and utilize drop shipping until you can find our own supplier.

You can see what I mean by visiting this link:
shopify.com
4. Photographer
Create a portfolio of your best photographs for clients to view. Upload them on sites like shutterstock.com for exposure. Find your niche; weddings, birthday parties, and start building clientele. #photo
5. Moving services
Help people move houses, target those that are down sizing, they will most likely need to sell items too, like furniture. Offer to sell for them and include delivery. You don't even need to buy the items, just advertise, add a mark up and flip.
6. House watching
Offer to watch your friends and family's houses while they are away, many of them could potentially have pets that will need taking care of, step in to fill this demand. Offer to run errands while they are away. Grow your name and become a reputable house sitter
7. Tour Guide
Who knows your local area better than you? Contact local businesses and offer to bring them customers for a fee. Then advertise a tour package that offers various local activities/treats and sell tour packages at affordable prices targeting locals.
8. Translator
Consider learning a new language. It's an #investment at the end of the day. Learning a new language sets you apart from the rest and opens up doors for you. Working at embassy's in different countries or you could just translate legal documents at a premium.
9. Consultant
Have a specialized skill? Then why not set up your own company and outreach to established businesses. Many businesses outsource skilled work because they want to reduce fixed costs for themselves. #Engineering #architecture #IT #b2b
10. Ebooks
Create ebooks with sought out information. Utilize your ebook to capture emails and then retarget your clientele with future offers/specials. Ebooks can be a great source of #passiveincome.

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More from @talkcentss

25 Jun
How I Eliminated Debt and Grew My First $6000:

• Taxed Myself
• Made Debt Visual
• Stuck to a Budget
• Recorded my Expenses
• Built an Emergency Fund

(Thread)👇🏽 Image
•Taxing myself

My favorite hack, If governments use it as a way to increase revenue, then we can use it as a tool to boost personal savings.

Add tax onto every purchase you make, then divert the tax into a savings account.

You end up;

“Spending and Saving Simultaneously”
•Make debt visual

Although it’s not a tool to save money, it creates awareness of your debt and brings you closer to paying it off, so you can begin saving more.

If you don’t know what you need to pay, then it’s hard to track, and easy to fall back into a debt trap.

#debt
Read 8 tweets
24 Jun
The Changing Landscapes:

•Digital Currency
•Fintech Evolution
•Cashless Society
•Disrupting Incumbents

Look closely and you’ll see where trends move.

The South African environment is on 🔥 with innovation.

(Thread) 👇🏽 Image
• Introduction:

Everything in hindsight seems obvious, and most look like geniuses. But, there are players who anticipate trends, and they tend to do well in the long run.

Think: Vusi Thembekwayo
Think: @MichaelJordaan

Absolute legends in their fields of play.
•Story 1 (Digital Currencies)

@VALRdotcom Is already changing the landscape.

Things like:

• High Fees
• Transaction Fees
• Slow Transactions

must become redundant,
hence the potential for disruptors like VALR.

moneyweb.co.za/moneyweb-crypt…
Read 20 tweets
22 Jun
Purple Group $PPE

Everyone’s’ favorite overvalued share.

Let’s look behind the curtain.

(Educational Thread)👇🏽 Image
•Introduction

Purple group is a financial service company.

Operates and runs:

-@GT_247
-@EmperorAsset
-@EasyEquities

We’ll look at their TTM earnings and point out some key things that may be of interest to investors. #DYOR Image
•Revenue

Total Revenue = R207 208 000
(207 million 208 thousand )
Read 20 tweets
20 Jun
Educational Thread

Dissecting the Financial System:

• Money
• Economics
• Markets

“The hidden secrets of money”

(Thread)👇🏽 Image
- Introduction:

The financial system exploits the working class for the benefit of the elite.

Why is it that money(currency) loses value?
It’s simply a tool to exploit proletarians. A system to rob us of our time and freedom.

This is a must watch series, by
@mike_maloney
• Money Vs Currency

Currency = a promissory note, backed by a promise of government to pay.

Money = has value, this is the proposition behind #Bitcoin.

Properties of money:

-durable
-portable
-divisible
-limited supply
-acceptable

Episode 1:
Read 15 tweets
18 Jun
Housing your investments and doing business the most efficient way.

How do the rich do it?
Let’s learn some secrets.

• Individuals
• Companies
• Trusts

(Thread)👇🏽
• Introduction

I want to start by saying this; the system isn’t designed for you to win this game if you operate as a sole proprietor.

You’re eventually going to reach all your thresholds and it won’t be tax efficient anymore.

The rich know this, this is how they do it 👇🏽
• Individuals

• Easy to set up
• One man capital
• Single entity
• Risks are yours
(unlimited liabilities)

Sole Proprietor = alone

It could look like this. 👇🏽
(Pty Structures look similar)

A S/P doesn’t need a business set up, there’s no tax benefits.
Read 17 tweets

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