There Goes Dave
Home

7 Ways to Make Money from Home

Considering the global economic situation, it is essential to note that you cannot predict the right business that will effectively thrive in any market. If you search “make money from home,” you will find thousands of sites proclaiming that you can make hundreds of thousands from the comfort of your bedroom. However, these sites require you first to subscribe, buy a book, watch a video, or pay some fee to learn how. There is a lot of such rubbish, so it might frustrate you when looking for legitimate ways to make money from home. Here are seven legitimate ways to make money from home.

They won’t make you the kind of money Ben Mallah has, but they’ll certainly help.

  1. Trading stock, forex, and options

If you are afraid of losing money, you should avoid trading stocks, forex, and options. However, if you want to make passive income like professional traders, you can start by investing a small amount of money to gain experience. Forex trading with CMC Markets provides an excellent opportunity for traders to trade 24 hours a day, five days a week. So, if you are interested in trading in this niche, you must learn how to trade using the trading guides.

  1. Blogging

Blogging is one of the popular ways to make money from home. You can create a blog to promote some products or ideas to bring traffic to your blog. You don’t need to be an established writer to write blogs, but you need the knowledge of the topic and a bit of creative thinking to come up with a great blog post.

  1. Creating niche websites

Considering your time and expertise on specific topics, consider creating a niche website. Niche website owners make money from home by selling adverts and products and posting affiliate links. Your niche website can focus on anything provided it features content your readers want. These websites can earn you a lot of income for an extended period, providing you regularly update the content related to the site topic.

  1. Virtual office

Traditional brick-and-mortar jobs are an excellent way to boost your income, but they come with restrictions: the job versus your physical location; the hours needed versus the hours required. However, there are many opportunities for making money from home, providing you with a computer and a high-speed internet connection. You can create a virtual office to perform various administrative duties, accounting work, customer service, etc.

  1. Surveys

Businesses of any type and size rely on surveying customers to determine whether their products or services meet the preferences and needs of the people they target. You will get a full-time income by completing such surveys online from home. Hundreds of online sites pay you to complete surveys to help them obtain their targeted data; make sure the site is free. You could make a passive income if you work with various survey companies. You can do this piece of work from home or anywhere else you have an internet connection. Register today with msg.passbrains to work with us in market research, on app tests, and user experience studies for new apps, websites, and digital services!

  1. Become a freelancer

If you have writing talent or are an expert in a given profession, there are numerous opportunities available online that you can join to make money from home. Don’t let your talent go to waste; you will find people who want to pay you for your skills. Visit freelance sites and post your skills to let them find you, or look through jobs already posted to see if you can do them. Most of these freelance sites will let you set your project rate or hourly rate before you start applying. The pay may vary from a few pounds to several hundreds of pounds, depending on the project you work on.

  1. Affiliate marketing

Another way to make money from home is via affiliate marketing. Here, you make money selling the products and services of other people. You don’t have to hire any employee, store any product, handle the payment process or deal with customer service. Create a website, start advertising, and you will earn a commission on every product sold. Affiliate marketing has a meager overhead cost, and you won’t have the braid to sell your products or services.

by
Keep Reading
Business

3 Mentoring Rules that Should Never be Broken

Mentoring is an excellent way to enable employees to benefit from the knowledge and expertise of their colleagues. When done correctly, mentoring enables team members to share their experiences, learn about new challenges, and uncover unique ways of getting things done that might never have been tried before. However, not all businesses get mentoring right.

So, what are the golden rules of mentoring? Let’s discover 3 guidelines that your business needs to follow to make mentoring a worthwhile experience for everyone involved.

Define Clear Mentoring Goals

From the very beginning of a mentoring program, it is vital that all parties are privy to what will be involved and how mentoring will work. It can be useful to think of this stage of the process as establishing a contract outlining expectations and boundaries to help avoid any misunderstandings throughout the mentoring relationship. A mentee might have plenty of ambitions and articulate a range of aspirations, which is by no means a bad thing, but it is still important for a mentor to define these goals into achievable targets.

Spend time together breaking down objectives into measurable and manageable achievements that can be completed as a direct consequence of the mentoring program. Aiming to accomplish approximately one goal every 3 months should give mentors and mentees a realistic expectation of progress that can be made. Check in with these goals regularly and do not be afraid to tweak them as you both develop on your mentoring journey.

Match Mentors to Mentees Appropriately

Pairing the right employees is vital if your mentoring program is to be a success. An effective mentor should challenge, motivate and support a mentee, without explicitly telling them what they need to do. When it comes to a modern approach to mentoring, there are now HR software programs such as Together that can make pairing employees easier. By using an algorithm to match mentors and mentees, your business can save time and money that would normally be spent on administrative duties.

The role of a mentor is not necessarily that of a new line manager. Instead, this responsibility should involve asking open questions, listening to feedback, and challenging thought patterns. Encouraging development is all about supporting a mentee’s short-term goals, so a talented mentor must have empathy, awareness and interpersonal skills in abundance. Try not to restrict matches to employees who have mentored in the past or simply have the time and aim to include staff from all levels of the company hierarchy for maximum impact. 

Keep It Confidential

In order for mentoring schemes to be a success, the mentee must have total faith in the confidentiality of the process. Building trust and rapport requires a great deal of respect for privacy and dignity. The trust and shared vulnerability involved in a mentoring relationship allows for the discovery of how to approach and achieve real, actionable progress.

As a mentor, employees can often come into contact with sensitive information that must be kept secret. Upcoming projects might be legally protected by patents so it important that mentors take extra care when disclosing information. If there are any situations where maintaining confidentiality would not be possible, for example if there are allegations of harassment within the workplace, then it might be best to consult with an expert or HR for guidance and advice on how to proceed.

One of the most exciting qualities about mentoring programs is that they can be honed and refined through experience. In order to provide true value to a mentee, it is crucial that mentors adapt mentoring sessions appropriately to make the experience worthwhile for everyone involved. Understanding the strengths of your employees is key to running a successful business. For more tips on organizing successful business projects such as mentoring schemes, check out this blog about the importance of planning and effective communication.

by
Keep Reading