EPISODE 247 SHOW NOTES
Hey there! On today’s episode I am sharing different work from home businesses that are possible to make money online. I also share with you why I believe freelancing is the best way to meet your income goals.
So, I’m going to compare freelancing to some of the most common work from home options out there, as well as share some anecdotes of other people’s experiences as well as may own.
Disclaimer: Yes, my experience in freelancing and helping so many other women build their freelancing careers may make me biased but I just want you to know how possible this is for you too! This episode is in no way to shame others who have gone in a different direction. It’s speaking to the women who haven’t found what they are looking for just yet.
The top 5 common options I see and hear about for work from home moms:
Influencers make money in a couple of different ways through affiliate sales. This is where they link to products and they make a commission on that product. The commissions are around 5%. Some a little more and some even a little less. It would take a LOT of sales to earn $1,000. Brand deals and sponsored posts are another way that affiliates can make money.
E-commerce would be if you had an online boutique and sell other products. You could curate your favorite products and do wholesale and buy them and then ship them from your house. You can do it that way or it can be e-commerce through dropshipping. This would be where you would source the products, but you wouldn’t ever actually buy them and someone else would ship them. You are the go between. You could also have your own products that you create and manufacture as well. Similar to the influencer route, you’re going to need a lot of followers to make consistent enough sales each month and to be consistently creating content.
With this option, not only do you need lots of followers and customers, you’re going to have to buy and invest in the materials to make the product. I tried this route with my bow business and actually lost money.
4. Direct sales / MLM / Network Marketing
This is very similar to the influencer affiliate model, because you’re essentially selling a product and you earn commission on it. A lot of times the commission is very small, unless you recruit people under you to also join in and sell it too.
5. Teachers Pay Teachers Sales
This is similar to Etsy except the difference is you make a product that another teacher could buy and use in their classroom and you sell it on Etsy. You are going to need reset customers with this as well.
The issue with all of these options is that in order to meet your income goals and grow, you’re going to need a lot of customers, not only do you need lots of customers, you need lots of repeat customers, and consistent, constant new customers. I want you to see money coming in and helping your family as fast as possible. I full believe the best way to do that is with freelancing.
I’m not saying that any of these options are wrong, but I am saying that if your goal is to get started making money as fast as possible, with as least friction as possible, with as least amount of upfront investment – freelancing is the thing you’re looking for!
1. You don’t need a lot of customers to hit your income goals
You probably only need a handful of clients anywhere from maybe 3-5 max to meet your income goals each month.
2. You also don’t need repeat clients.
If you offer services that are retainer based and recur monthly, that means you’re going to need 3-5 clients total, not 3-5 clients every single month.
3. You don’t have to become a content creator and post on social media if you don’t want to.
If freelancing is the route you are ready to take, we have a flash sale coming up on the Live Free Academy this month! It will be available April 17-April 19. Sign up for the text reminders so that you don’t miss when the sale goes lie: www.micalaquinn.com/text
If you aren’t quite sure if freelancing is the route you want to take but want to hear more, I will be hosting an open house on April 17 at 12 pm CST and another at 8 pm CST. In this open house, we will have a few current and former Live Free Academy alum to speak on a panel to answer questions and I will be there too! This is going to be a great opportunity for me to share more about the Live Free Academy with you and learn more about how I can help you reach your goals PLUS an opportunity for you to ask questions and hear from previous students. Reserve your spot here: wwww.micalaquinn.com/live
Thanks for listening! Let’s continue the conversation on Instagram: @micala.quinn
In this episode, we cover:
The different types of work from home options there are
Why I believe freelancing is the best option for reaching your income goals the fastest
Info on our flash sale coming up on the Live Free Academy!
Resources and links mentioned in this episode:
- Sign up for the text reminders to know when the flash sale is going live plus extra resources! www.micalaquinn.com/text
- Sign up for one of the two open houses I will be hosting here: www.micalaquinn.com/live
- Head over to www.micalaquinn.com/shop to check out the new template shop!
- Check out last week’s episode here!
- Check out the new resources added to the website to help you kickstart your freelance journey! Check those out at: www.micalaquinn.com/resources
Connect with me on Instagram! @micala.quinn
New to the idea of freelancing? Learn more HERE.
- Loving the show? It would be so helpful if you could write a review HERE! Thank you!
- Enroll in the Live Free Academy HERE!
More about the Live Free Podcast with Micala Quinn:
How do I get started? What if I fail? Who will hire me? Is it really possible to create a consistent, full-time income from home?
Welcome to the Live Free Podcast with Micala Quinn where we will be answering these questions PLUS many more! Whether you’re just starting your freelance business (heck even if you don’t know what freelancing is yet) or you’re looking to scale, this podcast will give you tangible business advice along with inspiring interviews to help you create a life and career that works for YOU and YOUR family.
Your host, Micala Quinn, started out teaching high-school English, but when her first child was born, she immediately began searching for something more. She wanted a way to stay-at-home with her daughter (and future babies), but still needed to bring in a full-time income to help support her family. Micala started freelancing, quickly replaced her full-time income, and now helps other moms (like you) get started and grow their freelance business from scratch to 5K and beyond! She believes that being a working mom or a stay-at-home mom no longer needs to be a black and white decision. You CAN have both. On your terms!
Our motto is Mom Strong, Work Smart, and Live Free. Are you in? We’d love for you to join us each Monday, as well as in our Live Free Podcast Facebook community!
This post about work from home businesses may contain affiliate links, which means if you click one of our affiliate links and decide to make a purchase, we receive a tiny commission from the seller at no additional cost to you. We only share products and services we have used, tested, and love ourselves!**