Tiffany Dow’s PLR ATM Review – Part 1

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plratm

Recently I purchased Tiffany Lambert’s (previously Dow) PLR ATM course. This product is an information course designed to help you setup and run your own PLR store or private label rights store. PLR is content that can be purchased and used by various individuals. It can come in the form of articles, eBooks, videos, templates, etc.

I was drawn to this product because it didn’t make any grand promises that I would be a millionaire overnight or I could quit my day job in 2 weeks. Tiffany seemed like a real person who, had bills just like me, and had found a way to make a decent living online. I also liked that I could do the majority of the work myself or outsource it if I wanted to.

Another benefit of this course is that Tiffany takes you step by step of what you need to do and where to go to get started. There are also video tutorials that come with the program.

Step 1 – Pre-launch

My goal for this month is to outsource part of the content creation and create articles myself. I’ve research several keywords and wanted to select something that had decent search volume and but not too much competition. Hopefully I’ve done this correctly. Either way, as time goes on, I’ll continue to add different topics.

By the end of the year the site should be up and running with the following:

20 articles (5 packs of 5 articles each)

Automated payment and delivery service

Email autoresponder setup to capture new content ideas

Setup social media accts on Youtube, Facebook and Twitter

Next month I’ll be back to discuss my promotion plans for the store and what goals I’ve been able to complete.


Benefits of Turning Your Hobby Into A Side Hustle

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side hustle

Many people feel overwhelmed with the thought of coming up with a brand new business venture. They often overlook the potential business that is right in front of their eyes. If you already have a hobby that you’re good at and enjoy doing, why not try to develop it into a business. Below are six advantages of turning your hobby into a successful side hustle.

No need to learn a new skill

Oftentimes when you’re starting a new business, there is going to be a learning curve. If you want to become a personal trainer but don’t have a certification, you’ll have to take steps to meet the needed requirements. Not so with a hobby. More than likely, you’ve already been working on your hobby for years. You know what to do and how to do it. If you need to brush up on your skills, you probably already know where you can find free resources.

Tax benefits

While I’m not an accountant or tax attorney, I do know there are certain tax benefits you can receive from having a business and even a home based business. There is a wealth of free information on http://www.irs.gov that discusses what deductions are available and who qualifies. If you’re still unsure, seek the assistance of a trusted professional.

You get paid to do something you enjoy

If you have a day job, you may not be doing something you really love or enjoy. But when you transfer your hobby into a business, you now get to do something that is meaningful and enjoyable. When you’re working on your hobby, it might not seem like work at all because you love doing it so much.

Minimal startup costs

Depending on how much you work at your hobby, you probably have everything you need to begin making some sales. One of my hobbies is sewing and I already have the sewing machine, a few patterns, thread and materials. If I decided to turn this into a side business, I would have enough supplies to make a sample outfit. Look around your supplies and see what you already have and what would be required to make a few samples if you don’t already have any.

Work at home

Many of us already have a set place in our home where we work on our hobbies. If that’s the case, you can use that space for your home office. Working from home not only has tax benefits, but it saves on renting space, driving to and from your office and helps if you have family responsibilities you need to care for while working. Using my sewing example for instance, I could start dinner, help with homework and then get right back to working on my business without having to leave home.

Built in clientele

How many times has someone asked you if you sold your creations from your hobby? I know people have asked me before if I could make someone for them when they found out I could sew. Most likely people already know about your hobby. When you begin your business, you can reach out to them and let them know you’re now in business and you’re ready to start taking orders. Even if they aren’t ready to buy, they may know of someone else who may be interested.

These are just a few benefits of turning your hobby into a side business. Naturally there are more benefits of starting your own business. Take the time out and make a plan to see if it’s possible to turn your hobby into a successful side hustle.

Have you already taken the leap? What hobby did you turn into a business?


Should you look for a new job or start your business?

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Many people have different reasons or motivations for starting their own business. You may desire more money, more freedom or just want to be in better control of your finances.

Regardless of your reason, if you’re still working a full time job, there may come a time when you need to decide if you should stay in your current position until you can get your business up and running or if you should change jobs or careers.

When it comes down to staying at the job you hate or moving on, you have to assess your current and future goals as well as your tolerance level.

For me, I don’t necessarily hate my job, but it’s way too stressful and dreadful to go to everyday. It’s not that I mind working for someone but I’m at the point where I feel my work may suffer because I’m growing to dislike what I do very much. However, since finding out I was expecting my first baby, I’ve decided to suck it up and stick it out until he’s born.

If you can tolerate you current job, I would advise staying for the following reasons:

Time:

You can use the time you would be searching for a job to focus on your side business. When looking for a new job, some people recommend spending hours each week applying for a job. Imagine all that you can get done in those hours each week if you focused on your side business.

Job history:

Depending on the type of business you want to start and if you’re going to need a loan to finance it, it’s better to stay at your current job so you can include the job history. Creditors not only review your credit report and income but how long you’ve been at your job.

Distraction:

Looking for a new job is not only time consuming but’ its mentally distracting. Your time and attention is split. The focus you could be directing toward your business, you are now directing toward a job search or how much you hate your job.

But if you feel you can’t stand being at your current job one more day, let alone however long it’s going to take to find another job, then it’s best to move on.

Have you decided to stay at your current job and work on your side business or devote all your time to a new job?