making money in a pandemic

The following is a guest post by Sarah Bull.

If you’re a woman who has been economically impacted by the coronavirus pandemic, you’re not alone. A large percentage of female employees in the hospitality and leisure, restaurant, and health and education sectors have suffered job loss, furloughing, or reduced hours.

The question now is, what can you do about it? No one knows how long the pandemic will last or when certain business sectors will be operating in full swing again. So, it’s critical to be proactive if you are looking for ways to generate income. Fortunately, the internet has a lot to offer when it comes to work-from-home opportunities. To help you get started in your quest for part-time or full-time work, consider these practical tips:

Start Freelancing

Freelancing basically means that you work for yourself and provide services to various clients and businesses. As you build your reputation, you can choose how much work you do each week or month. Freelancing can be a great opportunity for working part-time, full-time, or alternating between the two. You won’t find a career path that offers more flexibility.

Another advantage of becoming a freelancer is that you can work in almost any field. The freelance market is vast, and there’s a demand for design and creative jobs, data science, engineering, IT, customer service, and much more. As long as you’re a self-starter and are OK with forfeiting employee benefits and structure that come with a traditional job, freelancing could be ideal for you. To start getting your feet wet, sign up for an online job platform.

Build a Business

At first, this may sound counterintuitive. After all, you’re reading this article because you are out of work and need to make money. However, many of the world’s most successful businesses started in difficult economic times. A lack of financial cushion can provide extra motivation to take the risks necessary to run a successful business.

Think of any hobbies you have, scour the web for business ideas that may interest you, or consider developing a business idea around your previous industry. If you take the time to craft a business plan around something you’re passionate about, figure out how to satisfy a need for consumers, learn to market yourself, and devote yourself to tirelessly studying business and leadership, you can put yourself in a position to flourish long-term.

Create Online Tutorials

If you like to teach others, consider making online video tutorials. Whether you bake, do home repair, design websites, play a musical instrument, or do any other teachable skill, making how-to videos could be a fulfilling venture. Not only would it allow you to share your expertise and build a solid reputation in your industry, but you could also make money by posting on sites like YouTube, which would allow you to collect ad revenue, paid sponsorships, and so on.

Outfit Your Home

Lastly, make sure you have a space to do your work. When you have kids at home, it can be hard to get anything done, and if you are relying on your job or business to provide for your household, it’s critical that you are able to focus and be productive. Dedicate a spot in your home, and invest in a good desk, chair, computer, and any other equipment you need to complete your daily tasks. And make sure those in your household understand and respect your work routine.

If you’ve fallen on hard times financially, the only way to turn things around is to be proactive. Consider becoming a freelancer in your area of expertise, or start a business out of your home. Also, look into making online tutorials to build your brand and bring in some extra income. Finally, make sure your home accommodates your work needs by dedicating a workspace.