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It’s high time individuals think creatively to make money. People are suffering the loss of their jobs due the full-fledged impaction of the COVID-19 coronavirus pandemic. Nowadays, the worst financial situation around the world has prevailed. In that turn, it is so essential to think outside the box.
This might be starting a business or taking a part-time job while you’re hunting for a full-time employment. Read this list of ideas to get inspired, maybe you’ll find something suitable.
Assess the situation
Think about the stuff that you are good at. Maybe people have complimented something you’ve done? You can also ask people directly about what they think about your skills or try taking an online skills test. It’s crucial to find something you really enjoy doing.
Find the opportunities for remote work
Obviously, during the lockdown, remote jobs have become much more common. Now you can find both part-time jobs online, as well as permanent gigs.
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One of the biggest advantages of remote part-time jobs is that the hiring process is usually much quicker. With a part-time job, you can work for a few hours a week and up to 30. In case you are on unemployment, look into the state policy on getting partial benefits while working part-time.
When it comes to part-time work in general, the demand for it has increased in data entry, customer services and sales, health-care and medical support, and some other spheres. There are creative jobs available, too, like writers, graphic designers, digital stylists, copy editors, photographers, etc. To find a job, type in keywords instead of job titles; this way you’re more likely to find something good. Also, beware of scams.
Time for independence
Making money on your own doesn’t necessarily mean starting a business.
If you have a special skill or hobby you can use, consider making money with its help. First, do research on what people are charging for the same thing (per item or per hour). For instance, how much do people pay for a batch of cookies in bakeries?
Then think about how you will reach your customers. A good idea is to start out small – talk to your family members and friends, use social media to show samples of your work.
A good example of this is the story of comedian Matt Levy. When he was fired from his job (he worked at a New York comedy club), at first he didn’t know what to do. So, he tweeted offering to write profiles about people’s careers, comedy or “whatever you want”. As of now, he has written about 20 profiles and has increased the price for his services significantly. Now he’s thinking about developing in this sphere, maybe starting his own company in the future.
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Starting a business
With the difficulties the small business owners are facing at the moment, starting your own company may seem crazy. However, there are lots of successful businesses that started during times of economic downturn.
Start with the information you have about your skills and hobbies, and then form a solid brand identity, which you’ll use when working with clients and social networks.
Finally, create a thorough plan. Remember that business empires aren’t built overnight. It will take you some time, but giving time something you love shouldn’t be a problem. If you have nothing to lose, it’s definitely worth trying.
The Best Way to Make Money During and After the COVID-19 (Remotely)
The coronavirus pandemic has caused unprecedented changes in the global economy and upended our daily routines. With physical distancing measures in effect, many are now working remotely, while others have had to face job losses. As a result, it may seem difficult to make money during this tumultuous time. However, despite all the challenges, there are still plenty of ways to make money remotely both during and after the pandemic.
Freelance Work
One of the most popular ways to make money remotely is through freelancing. There are many professions that are suitable for freelancing, such as web development, graphic design, writing, and virtual assistant work. Increasingly, traditional freelance and side gig markets, such as Upwork and Fiverr, have started to accept remote workers. Additionally, the gig economy has seen an explosion during the pandemic with companies such as Amazon, Uber, and Instacart.
Selling Online
Another way to make money is to start an online store. With websites such as Shopify, you can easily start an online shop and start selling products or services. Additionally, platforms such as Etsy allow you to sell handmade items such as jewelry and art. You can also start a blog and generate revenues through ads or sponsorships.
Sharing Economy
The sharing economy is an emerging trend in the current economic climate. Companies such as Airbnb and Uber have developed a platform to allow people to rent out their homes or cars to others. Additionally, you can use sites such as Task Rabbit to make extra money by completing tasks such as grocery shopping and dog walking.
Investing
Investing is a great way to make money in the long-term. With low-interest rates, putting your money into stocks and bonds can generate significant returns in the future. Additionally, investing in cryptocurrency, such as Bitcoin, Ethereum, and Litecoin, has become increasingly popular during the pandemic.
Frequently asked questions about “The Best Way to Make Money During and After the COVID-19 (Remotely)
- What are the best ways to make money during the pandemic? The best ways to make money during the pandemic include freelancing, selling online, participating in the sharing economy, and investing.
- How can I start investing? To start investing you will need to open a brokerage account with a bank or online platform. Once opened you can buy stocks, bonds, mutual funds, and cryptocurrency.
- Is freelancing a viable option? Yes, freelancing is a viable way of making money during and after the pandemic. There are many platforms and websites such as Upwork, Fiverr, and Amazon that allow you to find freelance work.
Summary
Despite the challenges the pandemic has created, there are still ways to make money both during and post-pandemic. Those looking to generate an income during this trying time can look into freelancing, selling online, participating in the sharing economy, and investing. With the right resources and guidance, anyone can make money remotely and build a successful career.