How to Fund Your Entrepreneurship
There's a growing trend amongst the millennial generation--a move toward the startup culture and away from more traditional eight to five o'clock jobs.
People are growing tired of jobs that limit creativity (and wardrobe) and are in search of something new--but entrepreneurship is not without it's challenges.
If you're interested in saying goodbye to your boring office job, you'll want to have a significant amount of money in savings.
This is certainly easier said than done--getting enough money to protect yourself and your business can be quite a chore.
There are ways though--lots of smart and talented people have found ways to both pay their bill and live their dream! Think about investment opportunities There are a ton of great ways to invest, but the best are those which exclude risk.
By becoming an entrepreneur, you're already undertaking at least one risky thing (no matter how thoroughly you think you've planned)--don't undertake another.
Instead, focus on investments that make sense.
The stock market is little more than a gamble, and you're turning over a lot of money to other people.
Instead, stick with investments like real estate.
Look for investments that will be around a long time.
People are always going to need a place to live, so real estate is generally a pretty safe bet.
You don't have to live in the house you buy--in fact, you shouldn't.
Use it as a rental and easily generate income.
If you don't want the hassle of managing a place, you don't even have to do that--hire someone else (for a reasonable fee) and they'll take care of it for you.
Learn to share The economic recession forced us all to go back to the very basic things we learned in kindergarten--sharing.
The sharing economy can be a great help if you're trying to fund your passion project, so embrace it.
Sites like Airbnb allow you to rent out your house (or even a room in it).
If you're traveling or have a spare bed, list it! You'll collect fees from guests with little to no effort and generate income that will help cover any unexpected expenses.
Find that drive Sure, you need to be driven in order to even venture into the life of entrepreneurship, but we're talking about another kind of drive altogether.
Uber (and other services like it) offer the opportunity to do a little bit of driving for extra cash.
Like a taxi but without the fees and regulations, Uber drivers simply pick up clients as they're notified by phone and drop them off.
Their fee is preset and no tips are accepted--so you don't have to worry about cheap college students.
Driving for Uber is great because you can do it as much or as little as you like--and whenever you choose.
If you've got a commute already, why not make it pay by picking up a willing passenger? Be passionate about your dreams and work toward them in whatever way possible--it's definitely doable.
By thinking outside the box, we're sure that you'll be a huge success!
People are growing tired of jobs that limit creativity (and wardrobe) and are in search of something new--but entrepreneurship is not without it's challenges.
If you're interested in saying goodbye to your boring office job, you'll want to have a significant amount of money in savings.
This is certainly easier said than done--getting enough money to protect yourself and your business can be quite a chore.
There are ways though--lots of smart and talented people have found ways to both pay their bill and live their dream! Think about investment opportunities There are a ton of great ways to invest, but the best are those which exclude risk.
By becoming an entrepreneur, you're already undertaking at least one risky thing (no matter how thoroughly you think you've planned)--don't undertake another.
Instead, focus on investments that make sense.
The stock market is little more than a gamble, and you're turning over a lot of money to other people.
Instead, stick with investments like real estate.
Look for investments that will be around a long time.
People are always going to need a place to live, so real estate is generally a pretty safe bet.
You don't have to live in the house you buy--in fact, you shouldn't.
Use it as a rental and easily generate income.
If you don't want the hassle of managing a place, you don't even have to do that--hire someone else (for a reasonable fee) and they'll take care of it for you.
Learn to share The economic recession forced us all to go back to the very basic things we learned in kindergarten--sharing.
The sharing economy can be a great help if you're trying to fund your passion project, so embrace it.
Sites like Airbnb allow you to rent out your house (or even a room in it).
If you're traveling or have a spare bed, list it! You'll collect fees from guests with little to no effort and generate income that will help cover any unexpected expenses.
Find that drive Sure, you need to be driven in order to even venture into the life of entrepreneurship, but we're talking about another kind of drive altogether.
Uber (and other services like it) offer the opportunity to do a little bit of driving for extra cash.
Like a taxi but without the fees and regulations, Uber drivers simply pick up clients as they're notified by phone and drop them off.
Their fee is preset and no tips are accepted--so you don't have to worry about cheap college students.
Driving for Uber is great because you can do it as much or as little as you like--and whenever you choose.
If you've got a commute already, why not make it pay by picking up a willing passenger? Be passionate about your dreams and work toward them in whatever way possible--it's definitely doable.
By thinking outside the box, we're sure that you'll be a huge success!
