How do I make more money? Key steps to increasing your revenue

| August 31, 2010 | 0 Comments

ANYONE who says they don’t need more money is simply not telling the truth. We all need more money. In these tough economic times, when wages have been cut and jobs have been lost, it is harder to pay all the bills. More money is on all wish (and need) lists.

IT is hard to give a set amount of definitive tips on how to increase the amount of money coming into the house each week but the following ten tips should help get you thinking about all the opportunities you could be missing out on.

Believe in yourself. It may not seem like a money making tip but believing in yourself is one of the most important tools of success. Countless of studies have shown that self confidence one of the key factors of success and when we are confident and believe in ourselves we perform better in both our work and our life.
Trust in yourself. This is an important key step closely linked with tip number one. There are many people who will question you on whether or not your doing the right thing, whether or not you have thought it through. Have enough self belief to trust yourself. If you have decided to take something on and you believe that you have the talent and the work ethic to succeed then, trust yourself. You CAN do it.
Ask for a raise. This might not be possible in every situation and for many people money is an awkward subject but in tune with step 1 and 2, believe in yourself. You are an asset to your company and they are all the better for having you on board. Talk honestly with your supervisor/manager about the possibilities of increasing your salary. Make sure to have your homework done before hand and check out if your contract or employers handbook states whether or not your entitled to a raise in pay.
Identify your talents. If asking for a pay rise yields no profits, turn your attentions to the things you are good at. John Fitzgerald in his TV programme Rising After Redundancy, gave great advice to people, that I continue to endorse. He says you should ask yourself: “What are you really good at?”. We all have different talents. Some of us are good with constructing things, others are good at sewing or baking. More of us are better at computers or cleaning houses. Whatever it is, identifying your talents is a key step to a bigger income.
Offer help one day or a couple of hours a week. With this new talent, think about the opportunities in your community/town that could benefit from your help once a week or even just a couple of hours a week. Maybe there are people who need a little help with house work or minding children, your services could end up being very valuable. Maybe you’re handy about the house, you can fix household appliances, hang shelves or cut lawns? You’re help may be more needed than you think!
Set up an evening class. You may be in a position to teach people. Many people make a new year resolutions in January or decided to do something different for the winter months, you could have a skill other people want to learn. Talk to your local VEC or Education Centre and find out if you can use one of their rooms to offer a valuable course to people. Make sure, however, that you have a good plan worked out first and outline exactly what you are going to teach the course participants.
Become a Sales Rep. Tupperware is back in fashion, among other things. Many companies in Ireland advertise sales jobs weekly on many newspapers. These jobs often require you host in-home sales nights and sell goods. Considering that entertaining-in is the new going-out, these jobs are a great excuse to have the girls over and to meet new people. Having an out-going personality is essential and the commission is often very good.
Car Boot Sale. To you it may be junk, but to others it may be just what they were looking for. Car Boot Sales are a great way to get rid of your surplus ware at home and get paid for it. Details of a car boot sale close to you are often found in your local paper.
Listen to what other people can’t afford and see if you can provide that help for less money. Many small companies could benefit greatly from various services but can’t afford it. Maybe you have the service they need but can offer it after hours for a lot less money. You might be pleasantly surprised by the demand for you!

If you have any steps that you feel are important for other people to consider when trying to increase their revenue, leave a comment below.

Tags: ,

Category: Family Finance

Leave a Reply




If you want a picture to show with your comment, go get a Gravatar.