Making Money While In Between Jobs

By Ina Hikmatullah

Finding the courage to start out on a new financial endeavor is always difficult, but even more so in the current economic climate. However, thanks to the internet, you can find ways to supplement your income which were not available before. One of the most popular business opportunities online is developing residual income. Residual income is a unique business opportunity that can give you steady income with very little effort on your part and includes revenues such as rent and royalties.

There is no such thing as a right time to start on a new business opportunity; any time can work if you have the proper mindset. Instead of worrying whether or not the time is right, consider whether or not you are ready to pursue a goal. To be able to turn your thoughts into dollars, you must have a clear plan on how to make it work. It does not matter if you are seeking a new business opportunity or want to find a new job. Residual income opportunities require a dedicated focus, no matter your reasons.

Creating an Atmosphere of Success

Whenever you start a new project, you may find it difficult to obtain the proper motivation to begin. Outside factors can make it even more difficult, such as having financial difficulty or relationship troubles. Keep in mind that you are your own biggest obstacle. While this may have become clich thanks to self help books and life coaches, the theory still holds true.

Consider the success of the most recent self help trend at the center of which lies the documentary, "The Secret." One of the most prominent teachers featured in this work, Bob Proctor, is a proponent of the Law of Attraction. According to this Law, you need to recognize your desire, ask the universe for your desire, then act as if this desire will be achieved. While this may seem ambitious, in fact, it mirrors the advice of philosophers throughout the ages. You should recognize your goals and then strive to achieve them with all your being. In the words of another popular scholar and teacher: "Do, or do not. There is no try." This, of course, comes from Yoda.

Finding Motivation and Creativity

Many of those that seek the wisdom of sages are looking to achieve one main goal " the creation of residual income. If you are open to the consideration of new business opportunities, then the possibilities are endless. For instance, real estate investment is a proven method of earning residual income if you have enough startup cash and desire to get started in the market. Finding the perfect rental is not easy, as it requires time and money. But if you choose your investment wisely, you will be able to earn a steady monthly income.

If you do not have disposable income at the moment or are not ready to venture into the murky waters of real estate investing, then it is time to take stock of your assets. This includes your experience, your passions and your knowledge. Perhaps now is the time to sink your teeth into that project you had been putting off: writing that book, starting up a blog and earning money from advertisements, or even inventing the next "best mousetrap." If you have an idea, use your motivation to earn residual income and throw your energy behind it. There are literally millions of business opportunities out there for those willing to pursue them. Self help may have become a catchphrase, but in today's tough economy, it is time to put those ideas and your skills together to create a steady of stream of income that will last for years to come.

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