Many of us dream about becoming our own bosses. We want control over our time, finances, and schedules.
Unfortunately, many people are drawn to the idea of starting their own businesses to achieve this end. A few high-profile entrepreneurs have done it, so they believe they can do it, too.
Statistics don’t support that argument, though. Most small business owners fail because it’s hard to do. Furthermore, getting there is often a multi-year journey spanning decades. It doesn’t happen overnight.
The good news is that there are other ways you can become your own boss and change your lifestyle. You don’t have to start a company from scratch. Here’s what you can do instead:
Become A Freelancer
Becoming a freelancer is perhaps the easiest way to become your own boss. This route offers multiple opportunities.
Most freelancers become writers or designers, or enter some other creative field. However, the approach you choose is highly dependent on you. You could get into essay writing or join a house-sitting network: it’s really up to you.
Start As An Independent Publicist
Becoming an independent publicist is another compelling option. Advances in technology mean that it’s easier than ever to gain clients and win their attention.
The purpose of a publicist is to enable individuals to build their brands and become the best at what they do in the industry. You can often work with individuals who go on to become high-profile, helping you earn even more money. In fact, many success stories will credit their achievements to you.
Join A Franchise Network
Starting a business from scratch takes years and only a small minority are ever successful. However, when you join a franchise network, you are much more likely to make money while becoming your own boss at the same time.
The list of opportunities on sites like Franchise Direct is extensive. Franchisors can experience virtually every industry, including retail, business services, children’s services, and automotive. This flexibility makes franchising interesting for virtually anyone who enjoys work.
Become A Tutor
If you have a degree and/or are a really good educator, you might consider becoming a tutor. Here, you’ll help young people get good grades and can even coach university students.
Tutors also sometimes sell courses online to students. Because this approach is scalable, the amount of money you can make is extremely high.
Become A Speaker
Another option is to become a speaker. Here, you can share your story with other people or communicate an important message. Functions, events, weddings, and companies often look for people who can address a crowd and deliver a particular message.
Landlord
Lastly, you might want to consider becoming a landlord. This approach to making money doesn’t involve starting a business in the traditional sense. Instead, you leverage your existing capital to generate more income.
How you do this is very much up to you. You can start with just a single property and slowly transition over time or you can commit your life’s savings to it.
Thank you for reading!
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