Make Money
Earning more is one of the fastest ways to achieve financial independence. Connor has helped launch and grow thousands of businesses during his career, so follow our tips and strategies to help you earn more money in your current employment or through starting a business or side hustle.
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10 Steps to become a millionaire
The goal to become a millionaire in the UK is an awesome achievement, but is it realistic? Well the good news I have for you is that, yes it is and no you don’t need a high paying job to achieve it.
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The hardest part to starting a business is choosing what product or service to sell. To help you get started, we’ve created a list of 94 side hustles you can start at home in the evenings and at weekends. Many have the opportunity to grow into businesses that could replace your full-time income.
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In the digital world we live in, making money online has never been easier. There are many ways to make money online and these include:
- Selling digital images or videos
- Dropshipping
- Providing a remote service
- Amazon FBA
- Kindle Desktop Publishing (KDP)
Building a brand isn’t just about creating a logo. Instead, a brand will include a series of factors that work collectively to strengthen your overall branding position. These are:
- Brand identity
- Language
- Colour choice
- Use of photography / illustrations
- Consistency of use
Regardless of what you might read online, there are very few ways to truly make passive income. However the closest to this is investing in stocks and shares. When you buy a companies stock or shares you do not need to do anything further. The value of the shares may increase as the business grows or you might obtain a dividend because of your investment.
It is possible to create a product once and sell it many times without much work. If for example you write a book, you can sell this via Amazon’s Kindle Desktop Publishing (KDP) service many times over without any additional work from you.
Getting a degree is not the only way to achieve a high paying job in the UK. Below are some well-paid careers you can work in
Sales representative: Many sales roles work on a commission basis and because of this can be extremely lucrative careers.
Trades (electrician, plumber, plasterer): While you don’t need a degree for many trades you will need formal qualifications for plumbing and electrician jobs. With a focus on your trade and building up experience you can command a wage comparable or in excess of other roles that require a university degree.
Software / Web Developer: Many web developers and software developers are self taught and rather than following the traditional route into university, they use that time to gain experience in their trade. Because of the nature of these careers, having experience and a body of work completed is often a huge benefit in gaining a high salary.
Commercial Pilot: Commercial pilots can earn a high income without the need for a degree, however they do need to obtain a commercial pilot’s licence and complete flight training before embarking on this career.
Starting a business can often seem like a daunting process and for those unprepared for entrepreneurship, it really can be. 90% of businesses fail writhing the first 3 years. They ultimately fail because they cannot generate enough profit to keep the business running.
To prepare yourself for running a full-time business, it might be a consideration to start a side hustle. Side hustles are often much lower risk and can be worked on in the evenings and weekends. With enough focus and effort, your side hustle income could become large enough to match or replace your salary.
Making money can be as easy or as complex as you make it. There are a number of mistakes, that if made will make the process all the more difficult. Here they are so you can plan accordingly.
- Not having a well thought out plan
- Expecting immediate success
- Not investing back into the business
- Taking unnecessary risks
- Hiring the wrong people
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Welcome to foundered
This website is focused on business, money and personal development. It is targeted at people like you, ambitious entrepreneurs, business owners and professionals looking to
Increase Your Income and Make More Money
Whether you work for yourself or someone else, your primary goal of employment should be to increase your income. The more we earn (and less we spend), the easier it is to achieve financial independence. We’ll cover all manner of topics here to help you build your income fast and securely: including starting a business, building a business, selling a business, side hustles, remote working, sales and negotiation.
There is no shortcut to long term success, but process and experience will direct you there in the most efficient manner. Learn from our mistakes, so you don’t make them also! We’ve made many…..