Jan 27
Now as the baby boomers focus on retirement planning, the solution to maintain two incomes into the future is to develop a "profitable hobby" to complement your corporate pension, superannuation or government welfare.
A profitable hobby is essentially a home based small businesses, and are generally easy to start - however the true difficulty before success is achieved is discover the art of marketing.
The key to developing this second income stream for retirement is to develop innovative marketing plans for your "profitable hobby".
Now as the baby boomers focus on retirement planning, the solution to maintain two incomes into the future is to develop a "profitable hobby" to complement your corporate pension, superannuation or government welfare.
A profitable hobby is essentially a home based small businesses, and are generally easy to start - however the true difficulty before success is achieved is discover the art of marketing.
The key to developing this second income stream for retirement is to develop innovative marketing plans for your "profitable hobby".
And one of the easiest home-based businesses is cooking.
Do you have a love for cooking...and are people are always ranting and raving about your food?
You have all the qualities to create a personal chef business. You just need to find a market.
A proven solution is to market yourself to people who are sick and need to have their meals prepared for themselves and family.
Within a few days of startup, you are likely to have one or two clients.
You will find a cluster of potential clients in private hospitals near where you live. You can reach them through the leaflets that you leave at the kiosk just inside the front door at the hospital.
A profile of a typical client that you will attract is a woman who has had surgery and needs meals prepared for her family. Her husband can probably only cook sausages and the kids want mum back in the kitchen yesterday!
Test the market. Your client will know that the weekly shopping for her family is around $150, so your professional fees to prepare meals could well appear to be modest if you charge $150 plus groceries. Make your minimum contract two weeks and when you get two or three clients simultaneously you will be able to be in production mode. Perhaps she will hire you to cook for her family everyday for three weeks.
You will be able to prepare the meals over the weekend at home then deliver the week's meals on Monday. Your local $2 shop has the inexpensive food containers you'll need.
You'll soon be making $2,000 per month!
Eventually you will find other clients - such as family reunions where you could do a spit-roast with all the trimmings for 60 guests. However once you start, you will find that doors will keep opening.About Bernard Kelly: Bernard Kelly BEcon MBA CRPC Australia's Retirement Strategist�, is a highly sought-after property advisor, retirement authority, thought-leader, author and radio commentator because he makes the complicated and mundane topics of investing and retirement fun! http://www.retirelaughing.com.au/blog/make-money-with-my-hobby/ Article Source: [http://EzineArticles.com/?Profitable-Hobby---Cooking&id=5719198] Profitable Hobby - Cooking
Profitable Hobby - Cooking
In the fifties, one income was adequate to support a family. Then the need became two incomes to support a family.Now as the baby boomers focus on retirement planning, the solution to maintain two incomes into the future is to develop a "profitable hobby" to complement your corporate pension, superannuation or government welfare.
A profitable hobby is essentially a home based small businesses, and are generally easy to start - however the true difficulty before success is achieved is discover the art of marketing.
The key to developing this second income stream for retirement is to develop innovative marketing plans for your "profitable hobby".
Now as the baby boomers focus on retirement planning, the solution to maintain two incomes into the future is to develop a "profitable hobby" to complement your corporate pension, superannuation or government welfare.
A profitable hobby is essentially a home based small businesses, and are generally easy to start - however the true difficulty before success is achieved is discover the art of marketing.
The key to developing this second income stream for retirement is to develop innovative marketing plans for your "profitable hobby".
And one of the easiest home-based businesses is cooking.
Do you have a love for cooking...and are people are always ranting and raving about your food?
You have all the qualities to create a personal chef business. You just need to find a market.
A proven solution is to market yourself to people who are sick and need to have their meals prepared for themselves and family.
Within a few days of startup, you are likely to have one or two clients.
You will find a cluster of potential clients in private hospitals near where you live. You can reach them through the leaflets that you leave at the kiosk just inside the front door at the hospital.
A profile of a typical client that you will attract is a woman who has had surgery and needs meals prepared for her family. Her husband can probably only cook sausages and the kids want mum back in the kitchen yesterday!
Test the market. Your client will know that the weekly shopping for her family is around $150, so your professional fees to prepare meals could well appear to be modest if you charge $150 plus groceries. Make your minimum contract two weeks and when you get two or three clients simultaneously you will be able to be in production mode. Perhaps she will hire you to cook for her family everyday for three weeks.
You will be able to prepare the meals over the weekend at home then deliver the week's meals on Monday. Your local $2 shop has the inexpensive food containers you'll need.
You'll soon be making $2,000 per month!
Eventually you will find other clients - such as family reunions where you could do a spit-roast with all the trimmings for 60 guests. However once you start, you will find that doors will keep opening.About Bernard Kelly: Bernard Kelly BEcon MBA CRPC Australia's Retirement Strategist�, is a highly sought-after property advisor, retirement authority, thought-leader, author and radio commentator because he makes the complicated and mundane topics of investing and retirement fun! http://www.retirelaughing.com.au/blog/make-money-with-my-hobby/ Article Source: [http://EzineArticles.com/?Profitable-Hobby---Cooking&id=5719198] Profitable Hobby - Cooking
