The Top 3 Spare-Time Biz
Opps for 2010, and Why

I hesitated before signing on with AWAI last year to write Spare-Time Biz Success. My gut reaction was "Oh no … another biz-opp newsletter." You may have felt the same the first time you came across it.

Yet as I learned more about it and as you've read each issue, I'm sure we've come to similar conclusions. Yes, Spare-Time Biz Success is about business opportunities. But with a different slant than most "biz opp" publications.

It's not about envelope stuffing or home assembly or one of the one-million-and-one different so-called "opportunities" that tend to make the "teacher" a whole lot richer than the student.

Instead, AWAI tracks down legitimate, repeatable ways you can make anywhere from a couple hundred to a couple thousand dollars a month in your spare time. And covers those opportunities from A-to-Z in their programs. The pricing is fair too – yes, AWAI makes a profit on every sale (that's business), yet you can easily recoup your investment in the first few months of seriously applying what you learn from the courses. (That's more than can be said for a college degree!)

So with the new year I decided to look back through AWAI's catalog with you in mind. I asked myself … with everything going on in the world today, what are the top opportunties for this year? Three jumped out at me.

Noting this list is based on my extreme personal bias (with some reasoned analysis and research built in), I want to share with you what I think are the top 3 spare-time business opportunities for 2010, and why.

1. Resume writing

Today's market for resumes is bigger than it's been in decades. According to the Bureau of Labor Statistics official reports, a full 10% of the employable American population is unemployed. The real number is probably higher. More Americans are without jobs now than at any other time since World War II, other than during a brief period in the early 1980s. (It could get worse before it gets better, too.)

Not only are there more people who need resumes, there's more competition to get noticed. 10% unemployment means most job openings have more applicants. The stack of resumes being sorted through is bigger. Employers are looking for every reason to throw out a resume, because they have their choice of more applicants. Clients need your services to make their resume stand out and to get the interview.

If you'd like to quickly fill up your pipeline with plenty of resume-writing work, you could offer a free workshop at the local library in conjunction with the local unemployment office, or for employees of a local business you know is closing down. They'll love that you're offering this service. You have the content right there in The Pro Resume Writer Program. And because doing this workshop positions you as an expert, some percentage of your students will be quick to pay you to write their resumes for them. It's win-win-win all around.

2. Money-making websites

What's cooler than getting paid to spend time exploring your passions, without any boss, clients, or customers? Well, that's the promise of a money-making website.

With today's tools, it's gotten much easier too. You don't need "geek" skills to create a complete website around your hobby. Most web hosts have software that manages all the site creation stuff for you, so you just plug in the content. Link to merchants who sell products around your passion, and you can get paid when someone clicks through from your site to make a purchase on the merchant's website.

This way you don't have to worry about a boss or clients, or even deal with customers and order fulfillment. You're completely free to do what you want with your money-making website, on your own schedule. You just create content for your website and build a following. Before long you could have as much as a few hundred dollars per month in passive income coming in from a website around your passions.
I proved this for myself with my website I started building last May – and that was just doing it on my own.
2010 will be even better though. Starting January 18th all owners of How to Write Your Own Money-Making Websites will have an opportunity to participate in ongoing training with Nick Usborne – and a mastermind group with other students – as we all start new money-making websites together. I predict this up-to-date information plus ongoing feedback from the mastermind group is going to make a lot of people a lot more successful with their new money-making websites.

3. Self-publishing

Self-publishing holds a perpetual spot on my list of top spare-time biz opportunities because it gives you so much leverage. Let me explain. Your start up costs are primarily in the time it takes to create the content you wish to sell. You can start very small, marketing to just a few hundred or a few thousand people. Reinvesting profits, you can continue to grow. Soon you get to a point where each incremental sale doesn't take much more effort, yet it generates quite a bit more profits. So your initial investment of time and energy keeps paying itself back over and over and over again.

You don't have to be a "guru" either. Just do your homework and make sure you're delivering high-value content to improve the lives of your clients and customers. If you publish around something you're interested in and do your research when developing your content, you'll be able to include plenty of new information that'll make your customers more than happy.

Here's what's going to get you ahead with self-publishing in 2010. Begin. Make your first sale. This transforms you from just putting together information, to self-publishing professionally. This first sale is your biggest hurdle. Once you've made your first sale though, you're on your way.

Most entrepreneurs I've met who've replaced their full-time income with a spare-time biz have done so with some variation on Self Publishing: Your Complete Business Plan for Creating a Life Without Borders. It is, in my view, one of the best opportunities today to start small and begin creating a mostly-passive income even a doctor would envy. If you're looking for a spare-time biz that will eventually be your ticket to full-time freedom, self-publishing may be the way to go.

What's your single-biggest question about these opportunities?

So there you have it. Those are what I think are the top 3 spare-time biz opportunities for 2010. That's not all though – I have a surprise for you.

Over the next 3 weeks I'll be going straight to the source on each of these programs to ask more about why these represent the top spare-time biz opportunities for 2010, and how to ensure 2010 will be your most successful year to date.

I have a number of questions I'll get answered for myself. But I want to have your questions answered too. If you have questions for Julien Sharp about resume writing, Nick Usborne about money-making websites, or Gary Scott about self-publishing, email me at immediately and let me know. Then watch your inbox for my interviews, and the answers to your questions.

The Professional Writers’ Alliance

The Professional Writers’ Alliance

At last, a professional organization that caters to the needs of direct-response industry writers. Find out how membership can change the course of your career. Learn More »

Click to Rate:
Average: 5.0
Published: January 12, 2010

2 Responses to “The Top 3 Spare-Time Biz Opps for 2010, and Why”

  1. Roy, I love reading your e-mails. You seem pretty sincere. My question for you is, how do you rate photography in terms of a good spare-time or full-time business? It didn't make your top 3. Also, if one were to start a resume writing business, how would he/she get past not having experience or a degree in something akin to human resources? Surely prospective clients would want to know your credentials and might not be impressed that you just "took a course in it". Thanks, Roy, and great job!

    Jeff Trewhella

Guest, Add a Comment
Please Note: Your comments will be seen by all visitors.

You are commenting as a guest. If you’re an AWAI Member, Login to myAWAI for easier commenting, email alerts, and more!

(If you don’t yet have an AWAI Member account, you can create one for free.)

This name will appear next to your comment.

Your email is required but will not be displayed.

Text only. Your comment may be trimmed if it exceeds 500 characters.

Type the Shadowed Word
Too hard to read? See a new image | Listen to the letters

Hint: The letters above appear as shadows and spell a real word. If you have trouble reading it, you can use the links to view a new image or listen to the letters being spoken.

(*all fields required)