5 Ways To Work For Yourself – Choosing Your Alternative To The 9-5

There are plenty of ways of setting up in business, and they don’t all involve running a cafe and/or bookshop – often the #1 ‘start-up’ day-dream scenario!

This blog explains the main 5 main ways you can work for yourself. Which would suit you best?

1. Freelancing

Typically freelancers will offer a business-to-business (B2B) service, selling to clients your skills in a more traditional area of business, such as:

  • Accountancy
  • Project Management
  • Marketing
  • HR
  • Web Design

For you if…

You have gained a solid chunk of work experience in a traditional business discipline.
You are happy working without support and are confident you can secure new business from clients.
You enjoy the work you did as a day-job!

2. Selling Products

You don’t have to be an artist, maker or designer to create and sell products, although that is of course one of the ways to do it! Product-led businesses also include:

  • eBay selling/upcycling
  • Buying an existing product wholesale, and selling retail
  • Inventing an entirely new product that solves a problem for customers

For you if…

You have a new product idea, have an eye for a bargain or a strong idea for a way to brand and sell an existing product.
You do have a creative skill or talent that you can use to make or design products
You like the idea of the challenge and reward of selling a real, tangible item.
You have the spare room to store products if needed, and some cash to invest upfront in stock too – although this could be a very small amount to start with, it doesn’t need to be thousands!

3. Franchising

Examples of popular franchises that target the female and family markets include:

For you if…

You have a chunk of money to invest upfront in a business (franchisee fees are typically from £3k-£15k annually/to start), and want a tried and tested formula that you can manage yourself.
You’d like support and a strong structure around you.

4. Network Marketing / Multi-Level Marketing

I’m going to be straight with you here – my opinion is AVOID this one! Examples include:

  • JuicePlus, YouNique, Avon, Anne Summers… the list goes on.

The reason I say this? Statistics show that only a tiny % of reps actually make serious income from MLM businesses. Articles like this explain some of the many downsides of the many MLM/networking marketing opportunities around.

For you if…

Well… I really don’t want to suggest this as an option – I’ve included it in the list as they are so prevelant, it can feel like a legit alternative. But I’m just gonna say: its for you if you like working really hard potentially earning under minimum wage, and having to sell to all your mates on FB. Okay?!

5. Providing a Service

Typically a service is offered business-to-consumer (B2C). You can offer any service you like that meets an individual’s need, or solves a problem for them:

  • photographer
  • life coach
  • wedding/party planner
  • home de-clutterer
  • hairdresser/make-up artist
  • doula, florist, counsellor… the list is endless!

For you if…

You don’t have a traditional skill set that could be offered to businesses, so freelancing isn’t for you. You are instead either willing to retrain (professional development courses can cost anywhere from £200-£5000) or have an unusual or in-demand skill set gained from life experiences or an interest/hobby/talent.
You have the imagination and creativity to start-up your own unique offer, and market yourself too.

Let me know which of these are up your street in the comments below!

On your own start-up adventure?

I’m Lucy. I’m a Business Coach helping women who work for themselves to create beautiful businesses that make a positive impact on the world – sharing their skills, talents and creativity in a way that feels good AND makes great money, too.

I offer free 30-min Consultation Calls to enable you to get a handle on where you are now, gain clarity on your goals for your business and figure out what you need to do to get there, too. You can book your complimentary call with me here: www.calendly.com/Lucy-Green/30min

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