It's hard to make $1 million dollars through a single source. You'll need multiple streams of income in hopes to hit your goal of $1 million dollars. The fun part is thinking of ideas of how to make money. The hard part is actually taking action and seeing your concept through. Further to that, it's about believing and not losing sight of your goal. Sure, people can chuckle at your claim to make $1 million dollars but the thing is - you never know unless you try! We can all dream of making $1 million dollars but if there's no action, and it's just talk, you'll never get there. It'll always be a dream. You have to believe that you can do it, take action, and perhaps it might just happen!
As an entrepreneur, I'm always thinking of new ideas. I'm often guilty of thinking of new ideas but not moving forth with the concept. I guess it's a matter of time, resources, and money most times! Since my goal is to make $1 million dollars, I need to start moving forth with some ideas I've had in the past, and also looking at opportunities where I can earn some extra cash.
In thinking about ideas on ways to make money, think about your own skills. Do you have a skill that people could benefit from? Perhaps you are a skilled artist, someone who can play the piano, a handyman, a creative marketing person? Why not try and market your skills to earn some extra cash?
For myself, I have a passion for business. I love coming up with new ideas and I suppose it's time to start taking action with some of my business ideas to perhaps generate other streams of income.
Below are some of my general thoughts and business ideas of how I will generate other streams of income. I realize some ideas will not fly but then again, you have to put it out there and see how people respond. It's all about taking action and doing it!
1. Participate in a focus group in your area and get paid for your opinions. I found a company in Calgary called www.estyle.biz.
2. I have been in the barter business for 10 years now. I think it's time to write a book about barter and how businesses can leverage barter as a marketing alternative. I will look at publishing an e-book for sale.
3. My passion and skill sets are in business - primarily in sales and marketing. I love helping people and I can offer my time for business consulting services.
4. I have been using Constant Contact for the past 10 years. I can help people create e-newsletters to help businesses save their time!
5. If people don't have the time to do groceries, I can be their grocery runner and pick up and drop off their groceries.
6. Build a business whereby parents can shop for unique baby or toddler items.
7. Build a business whereby aspiring musicians or artists can upload their portfolio, and major recording labels would be able to view their portfolio.
8. Build a business whereby companies can create their own short video advertisement that can easily be shared via social media (i.e. Facebook, Twitter, LinkedIN).
9. Build a business where people can get paid for referrals when referring business that closes
10. Continue to put aside money from my own business
11. Create infomercials for local businesses
I guess the above is a start, and now I have to start implementing and building each one of those ideas.
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