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sidebusiness

Link Roundup #16: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. Here’s How You Can Start a Side Business in 10 Minutes Per Day – Inc

I don’t agree that 10 minutes per day is enough to start and maintain a side business, but I like the idea behind the article – even if you’re swamped with work and chores, spend some time on your side business on a consistent basis because the effort adds up.

Some never get past Step #1 – decide what skills you have and what you can sell. Here are my 2 cents, for what it’s worth. Make your decision based on:

  • Something you’re good at, according to friends and family (if they never mentioned it, ask them)
  • Noticing problems that do not have solutions yet (protip: hang out with complainers for a bit and you’ll know)
  • Something you’ve always wanted to learn (I wanted to know how to build websites; RoR was born this way)
  • Skills that you learned from your job or hobby (easiest example: doctors who moonlight on the side)
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