Tag: Education

  • Ten “If You Dare” Part-time Businesses

    Since it is almost Halloween, today’s weird Wednesday post is adapted from the book 1001 Ways to Make Money If You Dare.  All these businesses have risk factors and they all can potentially provide some income. On a personal note, I would not be willing to do any of them!

    FYI: Question marks (?) indicate the risk factor and dollar signs ($) indicate potential monetary reward.

    Clean Out Attics, Cellars, and Barns
    OK, you will have to deal with cobwebs, dust, and debris, but folks are willing to pay so they don’t have to do it themselves and haul the trash away. It is also quite possible that you might find things of value in their junk.   ?? $$

    Be a Gardener – Plant Flowers and Tend Gardens
    Flowers can brighten anyone’s day, but planting seeds or transplanting seedlings can do in a lady’s nails. Get the word out in your town that you will plant the flower gardens and tend them all summer. ….
    Get more customers who have vegetable gardens. These folks start out with high green ideals as they plant the seeds or transplant the tomatoes, squash, and eggplants. Only problem is their green zeal quickly disappears as the weeds appear. Go doubly green and save their gardens for a price.        ?  $$

    Breed Feeder Animals                                                                                                                      Where do pet stores get those little mice that get fed to pet snakes? These mice are spawned for one purpose. Talk to local pet stores and see if you can under-price its feeder animal supplier.         ?? $$

    Farm Emus
    If you have some space, you can raise emus. The market for these big birds in the U.S. is growing, The birds are adaptable and do not take up as much space as livestock. Their meat is low in fat, but the entire animal is valuable. Not only the meat, but the claws, skin, oil, and feathers can be used and sold.        ??  $$$

    Build Solar Panels and Windmills
    Sunlight and wind are free. Construct and install solar panels or build windmills and help people bring their electric bill down to almost $0. To find out how visit http://www.earth4energy.com/video or http://www.makeyourownwindmill.net      ?? $$$

    Sell Write-It-Yourself Term Papers
    It’s not ethical to sell term papers to students but you can do the research and give them an annotated outline! You can do research on subjects you love then write the outlines for  papers on this topic. Provide the excerpted research and annotated outline to desperate students who can now legitimately write their term paper. Advertise on Craig’s List in college towns.             ? $$

    Home School Other People’s Kids
    Maybe you don’t want to home school your kids but if you have the teaching skills you can hire yourself out to teach on a one-on-one basis, so overprotective parents who have no idea how to teach can still home school their child.        ? $$$

    Deliver Nondelivery Take Out
    Some of the best restaurant food is take out only. Make money picking up the foods from restaurants and delivering it to apartments and dorms.         ? $$

    Be a Belly Dancer
    Secretly you watch Bollywood movies and imitate the dance moves. No one needs to know who you are. With a veil over your face you can get paid for your hip-shaking dance routines. Post your ads online and get paid for entertaining.      ? $$

    Become a Boudoir Photographer
    Scantily clad photos of oneself make the perfect Valentine Day present, but women need someone they feel comfortable with to get au natural in front of a camera. Help them relax. Use aromatherapy candles and serve some chamomile tea then start the photo shoot.         ??? $$$

    Happy Halloween

     

  • Entrepreneurs and Education

    Is it necessary to have a degree to start a business?  No.   And contrary to popular opinion, a fulfilling career is also quite possible without a degree.   The issue is that we have become a credentialed society and many people believe that a BA is essential to achieving a middle class standard of living.  Until very recently, having a four year degree usually ensured higher earnings during one’s working life.  With the “college bubble”*  this idea is being questioned.  Still, parents and guidance counselors urge high school students to go to college. Two out of every three high school graduates will enroll in college right out of high school, but only 30.7 percent of them will have a four year degree by their mid-twenties.

    Going straight to college may not be a good idea if:

    •  You are burned out before even starting college.
    • You received average grades but are not really interested in academics and don’t see yourself excelling n college.
    • You are only going to college to figure out what you want to be when you grow up.
    • Finances are a problem and you or your parents will be taking on huge loans to fund your education.

    A four-year degree is not necessary for many jobs, neither is a degree necessary for starting a small business.  For some careers and some types of self-employment you do need the credentials.  You cannot claim to be an accountant or a counselor without the appropriate degree.  A career or a part-time business may require some training: on-the-job, mentoring, certificate, apprenticeship or an associate’s degree.  The weekend dog groomer or fitness consultant will need some training before setting up their business.  Does this mean you can be a halfpreneur while attending college or even start your own business right out of high school?  Yes!

    Now, I am not opposed to going to college. College teaching is a major part of my halfpreneurial career.   I am a part-time instructor at three different colleges:  a community college, a private college that specializes in business education, and a state university.   There are excellent reasons to attend college and if finances are tight, community and state colleges and universities are often a good deal.  However, there are still those individuals who are not interested in or ready for college, but have a passion, talents, or skills that they want to use.  For these individuals starting a business may be the way to go.

    I would strongly recommend that the young entrepreneur or any potential entrepreneur take some classes, even if they do not get a degree. My short list of recommended courses includes:

    • English 101 and 102 – writing skills are essential in business.
    • Public Speaking – you will be talking to people –  can you persuade, convince, educate?
    • Basic computer skills – Word, Access, Excel, PowerPoint, html.
    • Accounting and Business – Introduction to Business, Marketing, Advertising, Business Law.
    • Applied Arts –  Digital photography, graphic arts, and web design may be helpful.
    • Foreign languages – Spanish, Chinese, any other language used by a large number of people in your community.
    • Courses in any program relevant to what you want to do – Criminal Justice, Hotel Management, Education, Holistic Health, Fine Arts, Communication.
    • Self Assessment and Career Planning – helps students of any age figure out what they what to be when they grow up.

    With or without degrees, entrepreneurs are usually life-long learners, so you might as well get started at a community college or in a program that provides certification in your field of interest.

    If you want to be a halfpreneur or full time entrepreneur, there are advantages to stretching your entrepreneurial wings while still young – you may still be living at home, have little or no debt, and no family obligations.

    What about “paying your dues” and having a job first so you develop a work ethic?  Anyone who wants to start a business will need a work ethic, as well as reliability, academic skills and the “job” skills to succeed against the odds facing a beginning entrepreneur.   As for the would- be- entrepreneur, a first job is great if it is teaching you the skills you will need to start your business.

    What types of businesses can you or any other potential entrepreneur consider?  Pay attention, this  video has 101 suggestions. 

     

    If you are not sure of what you want to be when you grow up but you think you might like to own your own business, check out Profiting from Your Passions Coaching, the Services tab on this page OR take the Self Directed Search www.self-directed-search.com.  The SDS is psychometrically sound career test that more than 35 million people have used.  It is suitable for high school students through bored retirees.  The cost is $4.95 and you get results sent to your email almost instantly.  If you would like to discuss how your results match up with self-employment, call me or send me an email to set up an appointment.  

     

    *The College Bubble

    There is controversy over the existence of the College Bubble.  Is it a Bubble that can burst like the housing market did or should the problem should be given some other name?   Students are taking on “good debt” for their education that will enable to make more money later, but many students now have high debt and several years out of college they are not finding positions that pay enough for their loans, housing, a car, etc.    85 percent of college graduates now return home after graduation because they cannot find a job.  Most of these individuals will eventually find jobs and some will discover that there are plenty of positions in their field provided they are willing to move hundreds of miles away to areas with lower standard of living and less pay than they were expecting.

    Research indicates that the price of college tuition has increased more quickly than housing and medical care in recent years.   Check out this chart from AEI’s Mark Perry showing the rising cost of tuition outpacing basically every other good in American society for nearly two decades:

    College Tuition & Fees
    College Tuition & Fees

    Mark Perry

     Read more: 

    http://www.businessinsider.com/college-bubble-has-burst-2013-5#ixzz2YxmdE5Ac

    http://mjperry.blogspot.com/2011/07/higher-education-bubble-college-tuition.html