4 Income Streams You Can Build Without Quitting Your Current Job

Maximize Your Earnings

1. Start a Service Business

A service business can be things like online services where you find an outsource expert on sites such as Upwork or Fiverr that charge around $20 an hour, but you charge $100-$200 an hour for the service.

Another service business could be more hands-on like offering window cleaning, landscaping, etc.

2. Jump into Consulting

Consulting is where you give expert advice to people working in that profession. You could get paid by the hour or per phone call for teaching people and answering their questions.

One thing people won’t tell you when you start consulting, is that you have to set boundaries. Be clear with your rates and only do the work when it is being tracked.

3. Begin Sitting on Boards

This is where you use your expertise to add another income stream by sitting on the board of a company in an industry. Depending on what level of a board member you are will determine the amount you charge for attending meetings and giving your advice.

How to Become a Better Board Member?

1. Be valuable and share beneficial advice

2. Find someone’s who to solve their how or what (Introduce potential investors)

4. Create an Airbnb Business

When you have an Airbnb business you are buying properties, maybe doing some renovations, and then putting them as Airbnb’s to make money. 

This is a high volatility business and requires management of the properties. You can be the property manager or you can hire someone to do it for you.

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