How to Make Money If You Can't Find a Job, Part 1

How to Start Your Own Business to Make Money When You Can't Find a Job

Shaw Belt
It's challenging for many people to find jobs in today's economy. "How to Make Money If You Can't Find a Job - Part 1" will provide some tips for making money if you can't find a job by starting your own business. These ideas require some investment expenses and start-up costs, which you can borrow or recuperate quickly. Part 2 of "How to Make Money If You Can't Find a Job" will offer some ideas for making money by starting a business without spending money.

Here's the situation many people are in: in today's volatile economy, many people are having a hard time landing a job-and staying employed once they have a job. While this situation is certainly frightening for many people and can lead to some long-term financial consequences, the good news is that wonderful things can come from challenging situations.

If you are like many unemployed people who can't find a job and are struggling with unemployment, here are some ways to turn your skills into a viable money-making business. You may not earn millions of dollars to start, but all businesses have to start somewhere with even a basic business plan-and your ability to succeed is only limited by your business creativity, desire to work hard, and marketing strategy. Plus, once you start a viable business, you can start deducting your business expenses!

Here are some tips for starting your own business if you can't find a job:

Organize social events for friends and charge a small fee

Let's face it: most people are struggling to earn money-and save money. But just as much as they're struggling with money, many people are also struggling to stay active, manage their time, and stay optimistic. Why not plan a weekly event for your friends that takes them out of their ordinary lives and into something fun?

A chocolate quilting party may be just the ticket. Your guests can work on any sewing or craft projects that they have (many people are doing more at-home repair and craft jobs these days) while enjoying a sweet treat. Charge a $5 entry fee, put on some great music, and spend the evening having a great time with friends! Before long, you'll have a large event circle!

Buy tax liens on real estate and real property

You might be thinking that if you can't make any money because you don't have a job, you certainly don't have enough money to go buying anything-especially something as large as a tax lien! Take some time to learn about tax liens and how they can help you generate an income for years to come.

By taking out a loan to buy a tax lien, you are making a financial investment into either a piece of real estate or into a long-term income generating stream. Speak with a financial advisor about your situation to determine if buying tax liens is the best course of action for you.

Start a scrapbooking business

Photographs and mementos are precious for most people. And many people still have boxes of printed photos that are not stored digitally in their computers. Start a scrapbooking and photo scanning business through which you can help to archive peoples' favorite photos and memories. You'll have fun in the process! Your only initial start-up cost is a scanner.

In Part 2 of "How to Make Money If You Can't Find a Job", you'll learn about some ways to start a business without any money or start-up costs at all (aside from any marketing expenses you might have). Remember: what you start today can blossom into something truly worthwhile and profitable tomorrow.

Published by Shaw Belt

Since 2004, Shaw Belt has been a freelance writer based in Richmond, Virginia. She specializes in feature article writing, search engine optimized Web content, and business writing.  View profile

1 Comments

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  • Theresa Pickett10/9/2010

    interesting, although you don't really explain what a tax lien is.

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