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Cash Flow: How do you make money to survive while you are building a business? What are some quick ways to make money with less time commitment?
KN
KN
Kannan Nair, “I am Me. answered:

When you're building a business and need to generate income quickly with minimal time commitment, here are some effective strategies:

1. Freelancing or Consulting: Leverage your existing skills or expertise to offer services on platforms like Upwork, Freelancer, or through personal networking. This can include writing, graphic design, marketing, consulting, or IT services.

2. Online Tutoring or Teaching: Offer tutoring services in subjects you excel at, or create online courses on platforms like Udemy or Teachable.

3. Renting Out Assets: If you have spare rooms, parking spaces, or equipment, consider renting them out through platforms like Airbnb (for rooms), JustPark (for parking), or Fat Llama (for equipment).

4. Part-Time Gigs: Explore part-time or gig work opportunities that offer flexibility, such as driving for Uber or Lyft, delivering groceries with Instacart, or completing tasks on TaskRabbit.

5. Selling Products Online: Utilize platforms like eBay, Etsy, or Amazon to sell items you no longer need or products you can source inexpensively.

6. Online Surveys and Market Research: Participate in online surveys or market research studies that offer compensation for your time and opinions. Websites like Survey Junkie and Swagbucks provide such opportunities.

7. Offering Services Locally: Provide services in your local community, such as pet sitting, lawn care, tutoring, or handyman services.

8. Affiliate Marketing: Promote products or services through affiliate links on your blog or social media channels. Earn commissions when people make purchases through your links.

9. Temporary Work: Register with temporary staffing agencies that can place you in short-term assignments matching your skills.

10. Cashback and Rewards Programs: Use cashback apps and websites like Rakuten (formerly Ebates) or Ibotta when making purchases online or in stores.

These methods can help you generate income quickly while allowing flexibility to focus on building your business. Tailor your approach based on your skills, available time, and financial goals.

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