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How Can I Make Money During This Recession?

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How Can I Make Money During This Recession?

How can I make money? That is a common question during this recession˳ But people like to make extra money or better money in the best of times˳ But during a recession, it is a serious matter indeed˳ I was born in 1932 which was the worst year of the depression˳ As I remember so was the next year and the next˳ It really didn’t end until the economy of WWII started to kick in˳ Nobody knows when this one will end even though it is “officially” over˳ With the deficits maybe never˳

To answer the question, “How can I make money?” I have tried to break it down in to a few general categories as follow:

Find a Job

The immediate way to gain or increase income is to get a job, or a better job, or an extra job˳ I notice on sad stories on TV that many have two or three jobs˳ These are usually low-paying jobs that don’t quite bring in the bacon˳ Usually the person lost a good high-paying job and then had to take what he or she could find to support the family and to pay off all those bills created when times were “good˳”

If you need a job learn this: Most all jobs are obtained through contacts˳ So to answer your question, “How can I make money?” then renew your contacts and make new contacts˳ For example you might call an old friend and tell him that you are out of work˳ Ask if he knows where you might find a job˳ Ask if he can help you˳ Then till him to let others know you are out of work and would appreciate any help he might give you˳ Ask if he knows a person who might be able to help you˳

I am not going into the details of obtaining a job but I will list some thoughts on the matter:

1˳You need an appointment for a job interview˳ Say you write a note to a manager you know in a local company˳ Ask for an interview˳ In your letter give some details of your educational details and employment background but mainly say how you think you could help the company if you were employed˳ Always give a phone number where you can be reached˳ Ask in your letter for the person to call you at the number for further discussion and to set up an appointment˳

2˳Have a resume˳ That is were the nitty-gritty goes˳ But be careful what you write˳ Don’t put things in there that would not be discussed in a business-like interview˳ Keep your religion and political activities out of the resume˳ Also, your hobbies are not that interesting˳ The purpose of a resume is to focus on the job you are trying to obtain˳ If you are looking for work in more than one area, then you need more than one resume˳ Give your vita (birth date, etc˳) and contact information, the job you are applying for, the experience you have in that area, your education, any publications and activities in organizations that support your request˳

3˳Even if you go to an interview for a construction worker, dress like you are going to church right after the interview˳ Make sure you are shaved if you are a man, have your shoes polished, and that your tie is straight, not gaudy, and that you shake hands with a firm but not too-strong grip, and that you have a big smile on your face˳

4˳During the interview, listen carefully to what is being said˳ Pickup on things you can elaborate on˳ Avoid areas that are not of interest to the interviewer˳ Be enthusiastic but not overly so˳

5˳Ask for the job˳ Don’t start off asking about the salary before you get the job˳ Even then wait for the offer before you respond˳

There are many resources to help you improve your chances of obtaining a better-paying job˳ Go to your library and search the net˳ Resume formats are readily available˳ Also don’t neglect employment services in your areas including resources your church or club might have available˳ Spread your wings!

Start a Local Business

Many new businesses are started during recessions˳ People are desperate to get something going˳ The self-reliant rely on there own skills or expertise˳

There are many resources to help you get started in a new business˳ First start by talking to your banker˳ Ask him if he knows of business start-up opportunities in your area˳ Are there business that you might be able to take over?

Go to your local colleges and university and talk to people who are assigned to help small businesses˳ Talk to your Chamber of Commerce and local business clubs˳ Most important, talk to other business owners˳ Tell them that you are thinking of starting a business and ask for pit-falls to watch for, how to get financing, how to choose a location, what local business cost are, how he got started, what help he received on start-up, and let him do most of the talking˳ Who does he know that could help you?

Once you have decided which business you would like to start, write a business plan˳ Your local resources will help you prepare it˳ Some colleges and organizations offer classes to help you get going˳ These are usually taught by retired business people who know what they are talking about˳ One you have your plan, have your banker look it over˳ Ask your banker for help with financing˳ The Small Business Administration may insure your loan˳ To get such a loan, start with your banker˳

In your business plan, state the objectives of your business in regard to your suppliers, your customers, and the community˳ Describe what you plan to provide to your customers including good service˳ Your business plan should not only discuss products, manufacturing, and financing but also how you are going to promote your business˳ After all is said and done, you must get customers in your door˳ After you get things going, you may want to offer products and services on the Internet but don’t get the cart before the horse˳

Work at Home Using Online Sources

The question, “How can I make money?” is loved by Internet gurus˳ They make millions every year by providing get-rich-quick schemes that don’t work˳ Most all Internet marketers I know have been scammed in this way˳ But scams are rampant in all kinds of businesses so you must be vigilant˳ You can always check out a program on the Internet if you think it is scam˳ Just remember that if you put “Is the Joe Blow plan a scam,” Joe Blow himself will be in there still, trying to sway you˳ Look for an independent review who link does not lead to Joe Blow’s landing page because the writer is an affiliate of Joe Blow˳

Remember that if you are going to be an Internet marketer that Joe Blow is your competition, not your friend˳ He will bleed you dry˳ He first give you a gift˳ That puts you on his mailing list˳ Then he sells you his scheme˳ You find the scheme does not work˳ He sells you additional products that are sure to work but don’t˳ Then he offers to mentor you on a personal until he has your last penny˳

Although many folks go into Internet marketing, most fail˳ The reason is that it takes training to become an Internet or affiliate marketer˳ The process is free for the most part˳ You need a web page and an affiliate link˳ Free methods of marketing are available but most marketers use article writing˳ You can get your affiliate links by the dozens at no charge at Click-Bank, Commission Junction and other such sites˳ It’s all about traffic and pre-selling˳ Here is the process in a nutshell:

1˳You decide what areas or markets to enter based on your knowledge and experience˳

2˳You make sure the markets you select are producing income to Internet marketers˳ To do this, you find keywords that people are searching for by using a keyword tool of which there are several good ones on the Internet˳ You see how much advertising is paid out for each keyword, how many visitors there are, and how much competition there is˳

3˳You choose products to promote˳ You make up an information page on the keyword subject˳ You do not try to sell on this page˳ You just try to warm the reader up so he will click on your affiliate link˳ If the keyword is “fishing for trout,” then you must give relevant information on fly fishing˳ You put your link at the end of the article˳ It might say, “Click Here for information on great fishing lures that I use myself˳”

4˳You write an article about fishing and in your resource box you link to your web page˳ You promote your article on your blog and on social sites and in emails˳

5˳You give something away on your web page˳ To get the free item the reader leaves his or her first name and email address˳ You use a code from Aweber or such that provides the free product, and then sends scheduled emails to the reader about fishing˳ You suggest your products in your emails˳

It takes more training then I have given you here, but you have the idea˳

Conclusion

This article is too short to give definitive answers to the question, “How can I earn money,” but I hope I have given you an idea of things you can pursue˳

Good Hunting!

Fly Old Glory!



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