Right now, as an employee, your skills are being used for one thing. The benefit of the company you work for.
But your life doesn’t have to be this way.
You can use your skills for the good of the world, and in doing so have a life of freedom. This is called a Freedom Based Business. Anyone and everyone has skills, knowledge or experience that people are willing to pay for.
And selling services knows no boundaries. Unlike corporate employment.
Corporate employment means you have to clock in and clock out at a time dictated by your boss.
Selling your skills means you can control your working hours, as you are your own boss. (Think being available for schools runs or only working 4 day weeks!)
Corporate employment means you have a specific role and this is all you do day in and day out.
Selling your skills means that you can be creative and change the way you work and what you do at the drop of a hat. (Think of the ideas you have buzzing in your head, and implementing them with ease).
Corporate employment means you work in an office.
Selling your skills means you can work from anywhere! (Think Bali or your local coffee shop, the choice is yours).
Corporate Employment means your salary is capped.
Selling your skills means that you have an uncapped earning potential. You can even get others to work for you and increase your earnings.
Corporate Employment means you’re not free.
Selling your skills means you create a life of freedom.
So what are your options for a freedom based business?
1. Selling your skills part time.
This is a low risk option and can be done whilst keeping your day job. It allows you to test the waters, and start to research the market and get clients without fear of not having enough money. As things go well you can transition smoothly into running your own business full time, and have deep foundations for lasting success.
2. Selling your skills full time.
This is a high-risk option and I only recommend it if you have 6-12 months money in the bank to live on. If you don’t have a job be mindful that if you need money fast, starting a business is the wrong way to go about raising cash with speed. There is nothing wrong with starting off full-time, it can be a catalyst for action taking and quick implementation. But you must have a robust business and marketing plan, and not pay yourself until the business is profitable.
3. Selling services seasonally.
This is a great option for those who want to make a bit of money on the side to pay off a mortgage or pay for a holiday. Ideas can include income tax preparation service in spring, holiday rental agent, or an idea for those who live outside the UK and somewhere cold, you could run a snow removal company! There are so many options! The downside of a seasonal business is that you still have to market your business year round, or you will lose business to your competitors. It is hard work to run a seasonally based business.
4. Selling services in your retirement.
We now live long lives and the days are gone where pensions cover our living expenses, let alone enable us to have fun and stay active. The older generations have something special up their sleeves too. They have more experience and knowledge than the younger generations. Many people who reach retirement age start consulting businesses selling their experience, knowledge and skills for the benefits of their clients.
Once you decide the kind of life you want to lead, then you can decide on the kind of business you want to run. The first step to running a successful business is to do what you love.
To find your top 3 passions click here and start the free Passion Challenge where you can find your passions in 5 days or less. Only when you know your passions can you start to live a life of freedom.