(StatePoint) In today\u2019s tumultuous economic times, extra income is not just a luxury, but a necessary safety net, according to many financial experts.
\n\u201cRelying solely on a single employer to make ends meet is a surefire way to end up struggling, as so many Americans do,\u201d warns Kimberly Palmer, senior money editor for U.S. News & World Report and author of the new book \u201cThe Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life\u201d (AMACOM). \u201cBeing your own boss, part of the time, can be a fulfilling way to overcome job insecurity.\u201d
\nBut do you have what it takes? Whether one\u2019s passion is baking cupcakes or designing logos, Palmer discovered when researching her book that there are certain qualities that successful entrepreneurs tend to have in common:
\n\u2022 They know exactly what motivates them, and it often starts with a big loss or other major event in their lives.
\n\u2022 They choose entrepreneurial pursuits that line up with longstanding interests, and skills.
\n\u2022 They minimize their expenses in both their professional and personal lives, while finding ways to invest in their venture.
\n\u2022 They rely heavily on online communities of similarly minded people.
\n\u2022 They actively promote their brands through social media and other grass-roots marketing efforts.
\n\u2022 They master time management strategies that enable them to maintain full-time jobs along with their side ventures (and the rest of their lives).
\n\u2022 They find ways to be resilient in the face of inevitable setbacks.
\n\u2022 As their businesses grow, they support other small shops and start-ups by outsourcing tasks, which further enhances their own businesses. And they often find other ways to give back.
\n\u2022 They derive a deep sense of financial security and fulfillment from their businesses, far beyond money.
\nMore information about \u201cThe Economy of You\u201d can be found at www.byKimberlyPalmer.com.
\nThinking about taking the plunge? Saying \u201cyes\u201d to today\u2019s money-earning opportunity without over-planning or over-investing at the outset is a low-risk way to get started.<\/p>\n","protected":false},"excerpt":{"rendered":"
(StatePoint) In today\u2019s tumultuous economic times, extra income is not just a luxury, but a necessary safety net, according to many financial experts. \u201cRelying solely on a single employer to make ends meet is a surefire way to end up struggling, as so many Americans do,\u201d warns Kimberly Palmer, senior money editor for U.S. News […]<\/p>\n","protected":false},"author":4,"featured_media":2372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-2371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web-exclusive"],"_links":{"self":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/2371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2371"}],"version-history":[{"count":1,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/2371\/revisions"}],"predecessor-version":[{"id":2373,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/2371\/revisions\/2373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/media\/2372"}],"wp:attachment":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}