Starting a Side Business: How to Make Money Freelancing

Penny Hoarder

You’ll find a lot of ways to make money on The Penny Hoarder, but one of the best ways to make extra money is to jump in with both feet and start a freelance business.

Whether you want to become a full-time freelance solopreneur, or you simply want to use your mad skills to earn some extra cash, here’s what you need to know about starting a freelance business.

Choose Your Business Carefully

You’re going to be spending a lot of time with your freelance business, so choose it carefully. A popular Venn diagram suggests your ideal business should be a combination of:

Image: Your Freelance Business

If you aim for that intersection, you’ll be positioning yourself towards success. However, keep in mind that some of the best businesses come out of left field, so if you feel like your gut is propelling you in a certain direction, you can always choose to follow it and see what happens.

With the Internet, Setup Is Easy

How do you set up a freelance business? Often, it’s as simple as creating a website. Whether you want to be a freelance writer, a photographer, a clothing designer, or a life coach, all you really have to do is grab a domain name and hang out your online shingle.

Program and platforms like WordPress can help you create a professional website quickly, and when you work with PayPal, taking payments from customers becomes a matter of a few clicks.

Read the full article here.