Change jobs.
This is the best way to boost your earnings, as you have the most leverage at the moment that a company wants you but isn’t sure
whether it can get you. Use that to your advantage in negotiations. Another benefit of getting a bump up when you switch jobs is that
the percentage boost will be baked into all your future raises, elevating your lifetime earnings. Here’s how to negotiate your salary.
Request a raise.
Getting a raise is an excellent move because it doesn’t require you to trade more time for more money. You are putting in the same
amount of time, but pulling a bigger paycheck. But, it’s always a bit tricky to ask for a raise when your company already has you at
your current salary. You’ve got to make a strong argument you deserve the increase. Here are the top 10 mistakes to avoid when asking
for a raise.
Freelance.
Freelancing is the next best thing to being paid more for your full-time work, because professional work always pays more than
unskilled. To find opportunities, let former colleagues or other personal connections that you’re available for freelance gigs. (Here
are some ideas on how LinkedIn could be useful for that.) Or, post on marketplaces particular to your field. For instance,
Mediabistro, a journalism site, allows freelancers to post profiles of their experience and services. Though these are more up to
chance, designers can bid on jobs at 99Designs.com or submit a design at Threadless, to see if it will be crowdfunded. Elance-Odesk
also lists many freelance opportunities, and you can also post your own services on Fiverr, although some freelancers say these
services create a race to the bottom on fees and so are not very lucrative. If you’re new to freelancing, here’s how to set your
rates, and here’s how to negotiate raises with clients.
Blog.
If you have an area of expertise, you can create a website with ads and affiliate links, like blogger J. Money did (boosting his net
worth $400,000 in 7 years) in and as Smart Passive Income guru Pat Flynn, who has so far earned $3 million blogging, does. Get Flynn’s
tips on how to create value for your audience.
Coach.
If you have enough experience in your field to coach others with their careers, then create a website — or, if you have one, add a
section describing what you’d offer as a coach. Advertise your services in industry forums and give new clients a discount or other
incentives to refer you.
Tutor.
Whether for high school students or adults, you can monetize your expertise by teaching people with less experience or knowledge than
you in that subject area. You can work with an established group like Kaplan for, say, SAT tutoring, or you could try hanging out your
own shingle and making your services known either to students, parents and schools in your community. If you are targeting adults, you
can create your own website or list your services with adult tutoring companies.
Teach an online course.
If you have an area of expertise, instruct a course through a site like Udemy or Skillshare.
http://businesswithcoachspillman.blogspot.com/
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