You can always think about business opportunities from the perspective of creating something. You create a new company that does something. You create a new product that you sell. But, there are plenty of business options to participate in that start on the outside of an idea and just allow you to join along with a stream of income.
Consider activities like investing in apartments, crowdsourcing ideas, finding advertising possibilities that lead to income, and even muscling your way into leadership roles. In all of those cases, someone else was the one who started something, and you are just adding your energy into the system from the outside to gain some financial advantage.
Investing In Apartments
Generally speaking, people are going to want to live in houses and apartments. Which means to a degree you always have a captive audience if you rent or sell places to live. If someone else has already done the purchasing and working with details of leasing and property management, and you want to get in on it, all you have to do is invest in those apartments. If you trust the people who are working the management, you just have to give them money in a way that implies your investment or ownership level.
Crowdsourcing Ideas
You can always crowdsource ideas as well. If you tell people on a social media platform that you are looking to invest in a plan that’s already in play, you will probably get an intense amount of immediate replies. People are always looking for investors for their next great invention or idea. If you have the cash flow, why not look for people who are willing to put in the effort but just don’t have that baseline of financing yet.
Finding Advertising Possibilities that Lead To Income
Generating passive income is a fantastic way to add to your financial bottom line as well. A simple way to do that is to have some online presence that you invest in that gets money automatically through advertising. If you create a website that has some market specialty, many different advertising agencies will make automatic payments to your base account.
Muscling Your Way Into Leadership Roles
Finally, if you see a business that is running fairly well, but you want a part of it to come back to you as income, consider pushing your way in as a leader. You have to be able to convince their management that something that you do benefits them. But at that point, you can pretty much create whatever job you want. If you can provide any statistics that suggest that your input will create a benefit for them, then they would be crazy not to hire you in.
Originally posted on August 31, 2017 @ 1:23 pm