As a budding entrepreneur, it’s best to find new ways to generate more income. Preferably, we want to make the most money by spending fewer hours in a cramped office. Good business investment is one where you can earn enough with less time and effort.
Most people think that working long hours and overtime is the key to success, but that’s not necessarily true. If money is the goal, you can find better ways to work without having to sacrifice your free time and mental health. For those who want to achieve this, you can try getting into these kinds of business ventures.
Mortgage broker
Despite the pandemic, there are still a lot of Americans who are looking to buy houses. In fact, the demand for homes has actually increased as people are starting to see the value of private property. Sales apparently jumped by 43 percent in August of last year, according to studies. Since the rise of remote work, the idea of not having to go to an office has become more and more appealing. However, this is difficult to do when you live in a noisy and uncomfortable apartment.
Becoming a mortgage broker is a great career because you can earn a lot for doing less time. If you enjoy helping people find ways to secure their dream home, then this new career is definitely for you. What a mortgage broker does is find ways for them to finance their homes. Most of your job requires verifying documents and maintaining good connections with potential clients.
If you work for a top mortgage company, you will likely get paid by the lender through a commission. Sometimes, your commission comes from the borrow, or a service fee is charged.
Student agent
A growing trend is the rise of international students in not just the United States but also in the rest of the world. In 2019, international students actually contributed $ 4.7 billion to the United States economy. The exchange of students goes both ways as well. A lot of Americans have also been looking at exploring new educational ventures in foreign countries.
Many of these students have no idea how they can even apply to a college abroad. That’s where student agencies come in. They partner with international schools and help facilitate the exchange of students. Their partnerships mean that the student can directly connect with someone from the institution as well. All the requirements state will be accurate, and they can learn more about the opportunities available to them. The agents earn money by either service fees or commission by the college itself.
This can be an extremely fulfilling job with a big future as the world continues to become more globalized. It won’t be like your regular 9-5 job because the hours aren’t always fixed. Most of what you will be doing is verifying, correcting, and compiling student documents. Student agents are also responsible for handling the visa.
Web developer
If you want a career with flexibility and a good salary, then the tech industry is the way to go. In particular, those in web development can enjoy the benefits of remote work and flexible hours. Studies show that by 2029, the demand for web developers will go up by nine percent. There is a huge market for it because every company today needs an online platform.
Usually, these jobs only require you to deliver the output and make changes asked of you. Many companies don’t necessarily require you to clock in every day or even go into the office. Since all you really need is a computer, you can work from your laptop and move locations whenever you want a change of scenery.
Online retailer
If you have a craft or skill to create something, you can look into selling things online. Nowadays, Americans are looking for better alternatives to what they see in malls and stores. There is strong demand for almost anything these days, and being able to create something on your own means lower operating costs and higher income. Anything that is well-made but also unique and customizable is a great business venture.
When it comes to promotion, you don’t have to worry too much because e-commerce is already fairly common. Advertisement through social media is easy to do, and you don’t have to spend much. For those who want an online shop, free website platforms offer pre-made themes, where you can replace the colors, text, and images. Becoming a full-fledged entrepreneur doesn’t have to be difficult if you know what to do.
