Tips on how to Earn a Living in Times of Global Layoffs
Unemployment is a very difficult time in one's life. While in the past people have gone from cradle to gave in the same job with a generous retirement plan and healthcare to boot, these days it's a totally different story.
Unemployment doesn't just strike at the pocketbook. It is a very emotional and insecure time in a person's life, with the sudden disappearance of healthcare coverage, work friends, and salary. So how can a person earn a living while unemployed?
Freelance Job Websites
Numerous sites on the web pair companies seeking help on their projects with freelancers who would like to earn income. Sites such asiFreelance,oDesk,Sologig, andGurumay prove to be a source of income for those who are unemployed.
However, the freelancer should keep a couple of things to keep in mind. Although initial registration is free for most freelancing websites, some sites (such as Guru) restrict freelancers from submitting bids for higher-paying projects until they upgrade to a paid account.
Furthermore, freelancers must bid very low for their first few projects in order to establish a good reputation on the site. At that point, the freelancer can win more freelance jobs at the regular pay. The only exception is Sologig, which does not require an up-front bidding process.
Revenue Sharing Paid Content Websites
Other sites on the web pay people to submit content in a model called revenue sharing. Essentially, each member earns a small portion of the advertising revenue generated by the site. This creates a stream of passive (residual) income that continues to make money for the person by day and by night.
However, members of revenue sharing paid content websites must keep a couple things in mind. First and foremost, members must realize that creating residual income through these revenue-sharing websites isn't a get rich quick-type scheme by any means.
Realistically speaking, the process takes time and effort, knowledge of search engine optimization (SEO), and a general knack for writing quality content for the web. But with hard work writing content on a daily basis and lots of patience, the writer will eventually see an increasing amount of money every month.
Sites such asHelium,HubPages,Squidoo, andeHoware great websites where members can make money by writing short articles.Associated Content,Triond, andBukisaallow users to make money by submitting various forms of content including articles, video, audio, slides, and pictures. Members of the websitesFlixyaandRevvercan make money simply by posting and sharing videos.
The key to success on revenue sharing paid content websites is to submit content to three or four of these sites daily, which will create multiple streams of revenue.
All of these options to earn a living while unemployed have their challenges, and some (such as revenue sharing websites) take a long time to build income. That's why these options are to be thought of as things to do while the person is looking for a job rather than a job replacement.
However, with patience and hard work, these options to earn a living while unemployed can turn into income-generating opportunities that begin to pay the monthly bills and perhaps even provide the person with additional spending money.
