HOW DANIEL MAKES EXTRA MONEY & YOU CAN TOO!

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MAIN TOPIC: How Daniel Makes Money

Imagine this, you just got your Master’s degree in chemistry along with a teaching certificate and you need 3 jobs just to make ends meet; teaching at a community college, working part time at a lab, and substitute teaching at a high school. You may be thinking, wow, this guy has a masters degree so his future is set, no worries, smooth sailing ahead. I’ll admit, I kind of thought that myself.

Actually, he had no other options, because the employment market in S. California was so tight that those 3 jobs were the only way he could make a living at that time. Flash forward a couple of decades, the same guy has a well paying salaried job at a major Medical School doing exactly what he loves. Then why is he still working 3 or MORE jobs?

Today, in addition to his salaried job, he works for a temp agency doing chemistry projects on the week ends, writes books (6 at present count), scholarly articles and book chapters, lectures at national conferences, and trains others in his field. Most of these activities bring in additional income!

You may be thinking, so what. What does this have to do with me? I have no graduate degree, nor do I intend to get one, and no one cares about what I know or would pay me for anything. Plus, I hate chemistry. Anyhow, this guy must be working 24-7.

Well, you are wrong.

First off, yes, he does work on the week-end mornings. But when he gets home from work, he relaxes and watches TV, reads, or exercises. On the week-ends he has plenty of time for friends and fun. How does he do it?

PRACTICAL APPLICATION: Anyone can make Additional Income

Before I continue, anyone who tells you it is easy or quick to make additional income is LYING! It takes persistence, discipline, follow through, and delaying gratification. In fact, learn to welcome stress and failure, because there is no success without those situations.  This quick article will get you started on the path to make more money. Additionally, although education usually increases your ability to boost income, so does having specialized skills. You may even take for granted what you have that someone will pay for.  

Here’s how Daniel started out. Many years ago, when he wasn’t making too much money, he sent out dozens of resumes offering to speak and train others in his field of expertise. After about 1 year of letter writing, he was hired by a professional training organization to be one of their presenters. They took care of all the arrangements and sent Daniel around the country to deliver seminars and workshops for chemists. This was a nice boost to his income, even though it was tiring and he had to take vacation days from his work to make the presentations.

Simultaneously he began writing his first book. After a long time and lots of letters, that book got published. Meanwhile, he continued to grow his reputation by writing scholarly articles and presenting at conferences in his field.  Over time, he became more and more well known. His next book didn’t take quite as long to get published. And after a while more requests for training came his way.

Initially, the extra income was not too much, but he kept at it and each book delivers on-going and increasing royalties; and his speaking fees grow. Over the years, Daniel has honed his ability to make Chemistry entertaining and engaging, further increasing his opportunities!

HERE’S WHAT YOU CAN DO TO MAKE ADDITIONAL INCOME:

1. List everything you can do that someone might pay for. Think creatively. I have a friend who babysits one night a week for a wealthy family and makes $15.00/hour. Do you play an instrument; know computers or social media; what about carpentry; landscaping or gardening; basic auto repair; scrapbooking; EBay selling; Spanish; or cooking? The list is endless.  
2. Advertise your services or teach a course at a community college or continuing education facility. Don’t be shy. You may think everyone can do what you do, but they cannot!!
3. Make flyers and post them around your area advertising your services.
4. Put an ad on Craig’s List and update it every week.
5. Consider advertising in the newspaper or a community paper.
6. Market, market and market yourself some more. Brainstorm the ways you can advertise your skills. DO NOT BE SHY. You are offering to help someone!      
7. BANISH these thoughts from your mind, “What if no one hires me, what if I’m no good; what if I don’t like it.” Because if you let those thoughts in, you will do NOTHING!                 

ACTION STEPS:

Get a notebook and label it: “(your name) Personal Finance” and keep it by the computer. Use it to keep all of your personal finance goals, thoughts, activities, and plans.

• Write your plan out IMMEDIATELY. List all of your skills, NOW.
• Make list #2, all of the ways you can market your services.
• Ignore any fear or apprehension you have.

How have you made extra money?  What worked the best for you?

YAKEZIE SHORT CARNIVAL

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