Military service is a noble profession. Every year about 150,000 people enlist in the military and their families effectively become a “military family”
However, just like regular families, there are times when military families may find it difficult to make ends meet.
Military Income: How to Start a Business While in the Military
If you have been looking for ways to supplement your military income. The good news is there are many ways you can do that. The only concern is that you should find a business venture that suits your particular lifestyle and needs.
Here are some ideas for supplementing your military income.
1. Become a Freelancer
One of the best ways you can make money is by becoming a freelancer. If you are creative then you are in demand. If you can edit videos, do graphic design or even write blog posts then more than ever businesses and services are looking for your help.
You can advertise your services on Craigslist, or bid for projects on freelancing sites. However, you can also send cold emails to businesses to find out if they are interested in your services.
If you craft your cold emails correctly and personalize them towards the companies needs, you will find that some people will respond to you.
If you take the cold email approach, make sure you set up a website with a portfolio and at the very least a Facebook page. Businesses want to find out more about you before they commit.
You can also network with other military families and veterans who have started businesses via this website.
2. Try Virtual Assisting
If you can compose emails, do web research, data entry and manage schedules then someone out there needs your help.
There are two approaches you can take to get your business started, you can sign up for a company that hires virtual assistants or you can launch out on your own.
Create a website about your services and advertise on social media to increase your traffic.
3. Become a YouTuber To Supplement Your Military Income
Becoming a YouTuber is big business these days. There are several ways to approach YouTubing, you can become a daily vlogger who vlogs about your life, you can create information videos or you can use your creative skills to make video tutorials.
The best thing is that it is easy to get started on YouTube. Most cell phones have great cameras these days that record video and capture audio quite well, so there is no need to buy equipment in the beginning.
Post regularly and start advertising your YouTube channel on other social media platforms.
Once you get a certain amount of views, you can monetize your videos with ads. When you have a certain amount of subscribers businesses will start contacting you or you can contact them about sponsoring your videos for a price. In fact, sponsorship is the way most successful YouTubers make the most money.
Supplementing your military income with a business venture is not very difficult these days with the advent of online second jobs. It is easy to make money in your free time as long as you are willing to do so.
Choosing the right business is the most important thing. Once you have done so, you will be well on your way to successfully supplementing your income.
If you would like more information about how to market your business as well as other finance tips please visit our blog.