As a senior I can’t think of a better reason why you should start a home online business then coronavirus. If you’ve been thinking about starting a business, or making more money, this should be enough to get you off the fence.
As the vaccines are rolling out different parts of the country are doing very well while others seem to be lagging behind. I did read an article “Many seniors are having trouble getting to COVID-19 vaccine sites” where vaccinations in Jacksonville, Florida we’re going great for the people that could make it down there. Of course, if you are a senior citizen it’s going to be tough to get vaccinated if you can’t get down to the coronavirus vaccination site.
It’s also tough for seniors to work part time jobs. It’s tough to start and run a business where they have to go out of their house. Thanks to the Internet starting your own online home business doesn’t require that.
Outsource the Work
You’re gonna need some basic computer skills. If you’re willing to learn those you can start at home online business just like Team Schuman is doing here on our blog.
If you have a small amount of money, you can actually outsource virtually everything you need done in your home online business. Websites such as Fiverr.com are fantastic for that.
I’ll let you in on a little secret. As an information publisher here on our home business tips for senior’s blog there’s no way I can write all of the content myself. I do outsource some of that and I do it in a fairly and affordable way.
Shoot me an email if do you want more specifics.
List of Business Ideas
4. Affiliate Marketing
5. Monetize A Hobby
6. Publish a Newsletter
7. Publish a book on Amazon
We have a lot of content that goes into more detail on this list of business ideas and much more. Check out our Home Business Category to find more in-depth articles.
You might want to read our article on how to start your own online home business for under $100. I can tell you that you can run your business for under $200 well if you want to get into the information publishing strategy. I like this because you can use Google AdSense as an income stream and you don’t have to sell anything to make any money. You can read more about that here as well.
Senior Entrepreneurs – Can You Really Be Bored of Working For Yourself?
Seniors are you tired of waking up early with nothing to do? I know I am!
Covid got everybody locked in their home. The good news is that there is a way to solve this problem.
Automate Your Business
The biggest obstacle is that when you are working for yourself, you need to set up your business on automatic. What this means is that your business needs to be generating cash flow and you need to be generating cash flow – every single day! So, you are essentially working for yourself 24/7. To make this work, you must have some kind of schedule.
One way to do this is to set yourself a ‘business day’. Every business day, you must be generating income for your business. The best way to do this is to set your account to generate income on Monday, Wednesday and Friday. So, your business day is on Mondays, Wednesdays and Fridays. When you are working on your business, you will need to work for your business. When you go out, you need to go out to make money.
What you need to do when you are working on your business is to find a way to filter your work. In other words, figure out how to prioritize your work. What work should you do first? What work should come next? This is not as difficult as it sounds. The trick is to prioritize your work so that you work on the pieces of the business that have the highest priority.
Hire A Staff?
Do you need to hire people. Outsourcing is one idea. Hire a Virtual Assistant is another.
Maybe you want salespeople and others working for you. This is thinking big!
Your key staff – your sales force, your accountants and your lawyers should be working for your business every single day. When you work for yourself, you will have the time to do this, so give them your full attention.
If your accountants and lawyers also work for your business, then keep them in constant touch with what is going on with your business. If they are working for your business, then they will know what is going on with your business. This will enable them to give you advice on what to do when you are running the business and to give you information on developments in the market that may affect your business. Always put them in touch with new developments that may affect your business. It will enable you to make sound decisions that will benefit your business.
Be A Micro Business
A micro business has 1-5 employees. This is what most of us seniors are.
1. Buy a domain name
2. Host your website.
3. Choose a niche.
4 Find products.
5. Build out our website.
6. Use the training provided.
7. Promote your website like crazy.
Cost? $49 a month. Plus, you can host up to 50 websites a month with no price increase. If you are looking for a way to start a home business of your own thanks to Covid join Wealthy Affiliate for free and check them out!