
Dear readers,
Let’s face it. Nobody is indispensible to companies!
In such times of uncertainty where even giant corporations suffer in a sea of red in the stock market and dark clouds cover the economy, one has to make contingency plans and create escape routes.
So what are you going to do, should your company collapse or if the top management decides that you are redundant and gives you the sack?
Instead of looking at making money for the short-term, I always advocate to aim at sustainability. That is, having long-term money making plans.
Here’s what I may do for the next three months if I get retrenched.
Expanding clientel in my Webhosting Business
I’ve been running a webhosting business for the past two years and revenue has been consistent. It’s high time that I focus on expanding my clientel to generate more revenue for the business.
Make more money online
My approach to internet marketing has always been passive. Build well-designed websites with good ad placements, that are more or less self-generating in terms of content and visitors. With little or no work needed, passive amounts of income would pay for my bills. With more time in, I could take on a more active approach.
Turn my hobbies into cash cows
Having always been interested in photography, I’ve always been thinking of taking up a full-time photographer role. Having little flair for designing, I’ve also been accepting long-term content management jobs for both static and flash websites.
Yup, so that’s pretty much me. What are your plans?