Imagine earning side income from a smart business idea that doesn’t require much investment while you sit in front of the TV and have a bowl of cereal. Sounds too good to be true, doesn’t it? In reality, this incredible money-making opportunity does exist and you can make the most of it to earn a target monthly income.
According to ‘The Four Hour Workweek’ author Tim Ferriss, a muse business is an automated business that gets you a target monthly income without making a huge investment and requires minimal effort.
With that being said, are you ready to get on the entrepreneurial roller coaster? In this blog, we will discuss in detail how to discover your muse and successfully start up your very own muse business
Think Of What People Want, Not What You Want
Generic products are dime a dozen and the profit margin for creating such products is significantly lower than niche products. Discovering your muse has got nothing to do with finding your passion or doing something that interests you. Your muse business idea requires extensive research so you can tap into a niche opportunity and create a product that appeals to the people i.e. your target audience.
A smart trick to discover your muse is to find out what’s trending on Kickstarter and which products are people willing to spend their money on. Focus on creating a solution to a real problem and you’ll have a solid muse business idea to work on.
Don’t Jump To Conclusions Just Yet
Don’t quit your job as soon as you find a great muse business idea. Create a prototype of your product and test it with real users before you launch it. The last thing you want is to create a product that people are not willing to buy.
Learn from your customers and the reviews you get on Kickstarter to make adjustments to your product before launching the perfect product.
Take The Plunge
The future is uncertain and you cannot afford to miss out on the window of opportunity so launch your product once you’ve completed your survey and research and then listen to what your customers have to say. Once the product is launched and you realize one aspect of the product is more desired by the customer, take this as a learning opportunity and make necessary adjustments accordingly.
Remember, you cannot force your will on the market, you will have to go with the flow as you learn more about the niche market.
Design Is The Key To Success
Initially, entrepreneurs don’t focus on the design and that is one of the factors that inevitably lead to product failure. We’re humans and we’re hardwired to judge a book by its cover so it is important to make your product look awesome.
Design your product in a way it is minimalist, sleek and modern without any compromise on quality and you have a winner.
Being an entrepreneur is all about taking the leap before the window of opportunity is slammed shut. Follow these steps, think of an idea and start working on your muse to make easy side income. To learn more about starting a muse business, refer to Tim Ferriss’ ‘The Four Hour Work Week’.
The traditional office setting is becoming obsolete as more and more people give up their 9-5 jobs to earn money while travelling or in the comfort of their own homes. Just because you’ve bid adieu to your corporate job doesn’t have to mean you’ll have to compromise on efficiency and productivity.
The use of technology has tremendously changed the way we live, work and most importantly, do business. Whether you’re running your small online business or freelancing, read on to know all about the 5 incredibly amazing tools every digital nomad should try.
Managing projects was never this easy! A great new alternative to conventional project management softwares, Trello lets you create several boards and notes to keep your ongoing projects on track. This app is compatible with iOS and Android, so you can stay connected on the go. From collaborating with your clients to maintaining files, comments and exchanging ideas, Trello has got it all.
Managing multiple applications for communicating with clients and team members can be a daunting task but Slack makes this time consuming process a breeze. This clever messaging platform integrates with your existing communication channels so you can send instant messages, have group discussions and share files - all in one place.
The best part yet, you can download the Slack app on your iPhone or Android device so you can communicate with your team effortlessly, no matter where you are.
The one common problem that all digital nomads face is keeping up with deadlines. Proper time management often becomes a struggle and that’s where Rescue Time steps in to solve all your time management woes. With Rescue Time, you will be able to set more realistic deadlines for completing all your tasks of the day.
All you have to do is install it on your laptop or mobile device and it will tell you exactly how much time you spend on the internet doing certain activities such as browsing, reading articles, etc.
You’ll never be late for your conference calls and Skype sessions once you start using Schedule Once. Create your very own sleek, pre-set calendar and prepare to be amazed.
With this amazing app, you can schedule online meetings and conferences in an interactive manner by sending a link of your schedule to your team members or clients to select a suitable time to connect.
When your Skype calls keep dropping and there’s no other way to connect, use Spaxtel. What’s even more surprising is, you don’t need have internet access or download any software to use this cool service.
You can make landline quality calls with crystal clear sound via callback. Also, the rates are quite Skype-affordable for an overall better calling experience.
These 5 tools are designed especially for digital nomads. Once you start using them, you’ll be amazed at how it will increase your productivity and help you manage time better than before.
Making a logo for your business could be a nightmare for a person without any design skills or even Adobe suite to begin with. But having a great logo is extremely important for your business. This is a blog on some tools you could use to get started.
1. Design Mantic- https://www.designmantic.com/
Plug in your company name and bam, you get pages of logos to choose from. The great thing about this is that once you choose your logo, you can get a branding toolkit to keep your branding consistent for all your marketing material.
Below is an example when we typed in Treehouse Space.
2. Logo Makr- https://logomakr.com/
You can play around with this tool until you are happy with the result. It is free unless you want to download it as a vector image.
3. Graphic Springs - https://www.graphicsprings.com/
Same idea as Logo Makr, but a bit more graphics to choose from and it is $19 to download the vector image.
4. Canva - www.canva.com
This is one of the best design tools for non designers out there. In fact, this is my favorite tool. They have templates from logo to fliers to social media templates. You could choose free designs or designs that cost $1 or $2. If you are subscribed to a plan, you could add teammates as well as your marketing kit all the same way.
Try it out!
5. 99 Designs - https://99designs.com/
I first learned about this service from Tim Ferriss's 4-Hour Work Week. If you go to 99designs.com/tim , you could even get a special deal on a package.
This is one of the more affordable ways to get your logo outsourced. Basically, you describe your product, and 99 Designs run a contest for you to pick. You will pay when you pick your favorite design out there.
6. Cloudpeeps https://www.cloudpeeps.com/
Quality freelancers you can depend on. Cloudpeeps comes with a concierge service to make sure that you are matched with the best designer for your company. They are really a great community of talents to get your business to the next level.
Kanye West's pop up shop in San Francisco is happening in our alley. If you are unsure of what a Kanye West pop up shop is, check here.
The store is currently bringing people into Chinatown. Most people in line had never even been to this side of the city. It is a way not only to put vacant spaces to use, but also bring people into our neighborhood.
August 18th, 6pm
Fans were camping and chilling in our alley.
August 18th, 9pm
August 19th, 10am
August 19th, 11am- The line wrapped around Washington Street, and it is now wrapping around Grant Ave.
If you have been watching the Olympics 2016, you gave seen red marks on all the swimmers' bodies. What is that?
For more info, check here.
In fact, Michael Phelps swears by cupping! http://www.huffingtonpost.com/entry/michael-phelps-swears-by-cupping-should-you-try-it_us_57a8c9e0e4b0aae2a5a0ad06
Of course, since cupping originated from China, you could get it done in Chinatown in San Francisco. Try one of these places next time before you attend an event or after you cowork out of Treehouse Space.
1. Helen Health Restoration Clinic Center
2. Ching's Chinese Medicine and Therapy
3. Golia Beauty Center
Thank you KTVU, KQED, Singtao, and World Journal for covering this story! Below was the original press release with a map of vacancy stores.
For Immediate Release: Chinatown Community Expressing Needs for Revitalization
While the rest of the Bay Area seems to be prospering, Chinatown’s economy has been decaying for the last 5 years. While the median income in San Francisco is around $77,000, in Chinatown it is less than half of that at $36,000. All it takes is a quick walk through to see how worn down and dilapidated this neighborhood has become. Our research found at least 46 storefronts that were vacant or about to become vacant on the main streets of Chinatown including Stockton, Grant, Kearny, and Powell in the 1.34 sq miles radius of the neighborhood. The median age in Chinatown is 50 years old, by far the oldest in a city where the median age is only 36. Current shop-owners are retiring, and there have been only a handful of young shop owners who are currently opening stores in Chinatown. Adrian Chang, whose family owns one of the vacant storefronts will be speaking at the conference. It is imperative to revitalize the area to make sure it will survive the 21st century.
We at Treehouse Space are committed to creating an initiative to revive Chinatown while still making sure it retains its proud and beautiful Chinese American heritage. We have been holding Diversity Panels to discuss current issues that resonate with current residents. There are also monthly art shows which we partner with local artists to add to the culture scene of emerging Chinese American artists. Alfred Twu, who has held a few art shows at previously 1920C, and will hold an art show on September 9th, titled FRESH, will be speaking at the press conference. We are also working on a community initiative called Chinatown Codes, which will empower local kids by providing technological education, including Internet of Things. Given the increase of the income inequality, it is important to educate the next generation of low income minorities.
“Chinatown needs to change now. I have lived here for over 60 years. I’ve seen the golden days of Chinatown. We used to have a great nightlife, more than 6 theaters. Now we are left with a theater that is barely standing. I am excited on the life that Treehouse Space had brought back to Chinatown,” stated Richard Ow, a long time resident of Chinatown.
1.34 square miles
Biggest chinatown outside Asia
Most densely populated place in America other than Manhattan
30% of residents below the poverty threshold
Median age is 50 years old, oldest neighborhood in SF