Hi friends I'm Laura Adams and you're listening to the Money Girl

podcast. If you're ready for a brand new career or just want to make some extra money on the

side, starting a home-based business might be the answer.

Today I'll give you tips to find and launch a business that's right for you.

Saving more of your current income is great,

but the upside potential of making more money is unlimited.

Creating a second income can be the key to dramatically improving your financial life.

So you can invest more, pay down debt faster, or accumulate a healthy emergency fund.

In addition to earning more, a side business gives you an entirely new source of income that can keep you safe if you lose your day job and if the

business really takes off you might even have the freedom to quit your main job and

become a full-time entrepreneur.

That's exactly what happened to Donna,

who I recently interviewed about her six-figure home-based business

that you could easily start.

I'll tell you where to go for that great interview at the end of the show.

When you're trying to decide what business to start, ask yourself these three questions.

Number one, what are people willing to pay me for?

Number two, what do I have a passion for?

And three, what work fits my skills and talents?

Providing a product or service that you know people are already

paying for like cosmetics, house cleaning, website design or music lessons is a

smart way to limit the risk of starting a new venture.

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