Since the start of the Great Resignation, digital marketing has emerged as another expanding industry. Marketing continues to be a top priority for entrepreneurs as more small enterprises make inroads into mature markets.
After working in TV, journalism, and advertising for five years, Vix Reitano started her marketing company.
Using the abilities she had developed in her prior employment, she developed the business by performing administrative marketing activities like drafting clients' emails and creating their marketing plans. She expanded her services to encompass digital creation, campaign strategy, and public relations outreach.
Reitano recently switched from marketing to counselling for small-business owners and entrepreneurs through her mindset coaching company.
According to a survey conducted by the Employee Benefit Research Institute in October 2022, more than one-fourth of retirees claim to be spending more than they can afford. Savings aren't going as far as they once did, which is hardly surprising given that inflation was 7.1% in November. But it is possible to earn additional money without taking a full-time position.
Here are some ideas to consider.
Pet services can be lucrative and flexible if you have a fenced-in yard and the capacity to look after someone else's furry family members. Dog walking is the best-paid side gig by average hourly pay, per data examined by e-learning platform Preply.
Additionally, having a dog as a companion has numerous positive effects on one's health, according to consumer finance specialist Andrea Woroch. "Pet sitting is a terrific way to obtain it without the expensive costs of owning your own dog," the speaker said.
TEACHING
One of the few positive effects of the pandemic is the growth of online tutoring and instruction. You can open a business on a website that offers online tutoring, like Preply or Wyzant, or an online learning platform, like Udemy. Make time during the weeknights to tutor pupils online, advises Woroch.
Consider developing a college-level course that you may instruct as an adjunct professor if you possess the necessary qualifications.
According to Paul Dillon, president of Dillon Consulting Services, which assists veterans who wish to launch a business, "I established and lecture on veterans' issues at the Sanford School of Public Policy at Duke University. I devote between five to ten hours each week to work relevant to the course whenever it is provided.
CONSULTING/FREELANCING
Many retired people have decades of useful experience. Taking on project work can assist you in remaining competitive on your own schedule.
Jacques Famy Jr., managing partner and chief marketing officer at merchant lending company AdvancePoint Capital, believes consulting is a fantastic opportunity to keep up your relevance in your industry and provide your views and advise without having to return to the office full-time. "You can either create your own side business or provide the services through a company."
FILLING COMMUNITY NEEDS
There may be plenty of options to take up side job with your town or city, depending on where you live. For instance, your neighbourhood school may require temporary (or permanent—flu season!) substitute teachers.
The talents of retirees can be used by many K–12 institutions, according to Janet Heller, president of the Michigan College English Association. In addition to other things, Heller emphasises the necessity of crossing guards, assistant athletic coaches, and recess supervisors. To find out whether any part-time positions are available, get in touch with your neighbourhood school system.
HOSTING GUESTS
Do you have a lot of additional space, and do you reside in a popular
Rent out your recently refurbished basement or extra room on Airbnb, advises Brian DeChesare, the creator of the financial modelling educational portal Breaking Into Wall Street. You can define your optimum availability so that you're never forced to host visitors at inconvenient hours.neighbourhood?
TAXES/BOOKKEEPING
Can you prepare taxes? In the first few months of the year, you may be able to get work working with tax returns; after that, you should take the rest of the year off. Anyone with tax experience should take advantage of this fantastic opportunity, but you may also enrol in a tax preparation course to be eligible for positions at the big-box tax businesses.
If you have experience in accounting or finance, the same holds true for bookkeeping. To become eligible for project employment, you can enrol in an accounting skills course or use your prior financial expertise on a freelance basis.
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