How to Divorce Your Job and Keep the House – 3

In part 2 of the #DivorceYourJob how-to series, we talked about direct sales.

4salepostit“But Ms. ME, I’m not a salesperson.” “I’m not pushy enough to be good at sales.”

Well first, you don’t have to be pushy to be in sales. In fact in my opinion, the most successful people in sales are NOT pushy because they are that good at it.

Secondly, you can have a side-hustle by using others to sell stuff for you. Remember that little site eBay? Yes, if you’ve collected a lot of stuff or have a good eye for spotting under-priced items, reselling through your chosen medium be it eBay, swap meets, or a local consignment store could be the thing for you.

A couple of things to consider if you do go into sales:

  • Have a plan.
    Yes you do need to have a business plan as soon as possible if you plan to eventually divorce your job. As the old adage goes, if you fail to plan you’re planning to fail.
  • Create a budget.
    You should already have a personal budget. If you don’t, inbox us at ms.me@ecvtalks.com for free professional help with that.

    To divorce your job and keep the house, you need to make sure that the profit (money left after paying your business expenses) will be sufficient for you to pay yourself enough to cover your personal expenses.

  • Know the competition and carve out a niche.
    Do your research while your sales side-hustle is still in its infancy. Another key to being successful and reaching your end goal is to carve out a niche within a niche – target a smaller segment of a specific market that share a similar need or habit. Experts say this is a good way to ensure the long-term survival of your business.

Next Divorce Your Job post covers sharing what you know.

 

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