Wednesday, July 11, 2007

Make Money, What can i do?

To help you figure out what you can do to make money, think about these things: your talents, your interests, your resources, and the market.

Your talents

Before you think seriously about some moneymaking ideas, think first about yourself. You’ll do better at your job if it’s something that “plays off your strengths,” meaning it involves the things you’re naturally good at. Here are some talents and skills. Which ones describe you most?

Physical strength
Good at sports
Good with directions
Good memory
Creative
Outgoing personality
Caring and patient
Reliable (people can count on you)
Punctual (always on time for things)
Good organizational skills
Strong attention to detail
Good with money or numbers
Good with your hands
Good with machines or technology
Good at school subjects

Your interests

So you’ve thought about what you’re good at…now, what do you like to do? Some people think that a job isn’t something you’re supposed to enjoy, but imagine how cool it would be if you could make money doing things that make you happy anyway? The money would just be a bonus!

Here’s an idea: think about what you would have fun doing even if you didn’t get paid for it. Then, try to come up with a way you could do it for money. If you can’t, think of something else you enjoy, and keep on going until you find something that works.

Or, you could do the opposite. First, think of a way that kids try to make money. Then, picture yourself doing this. Is it interesting? Is it exciting? Are you having a good time? If so, it may be a good choice for you.

Your resources

Resources are the materials you need to do a job, like equipment or supplies. Take a look around your home and make a list of the things that could be used to make money. You might have a video camera, a great computer system, a shed full of lawn and garden tools, or a closet full of art supplies. Once you have your list, try to picture what kinds of jobs these things suggest. How could you use the computer to make money? Or the video camera? Or the garden tools?

The market

In the business world, “the market” doesn’t mean the grocery store. It means how well a certain product (say, lemonade) or a certain service (say, lawn mowing) is doing. If the market for something is “good” or “strong,” you stand a good chance of doing well and earning money as long as you work hard. If the market is “bad” or “weak,” it may be more difficult to do well.

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