Tuesday, November 4, 2008

Weekend Entrepreneurs

Moonlighting is working on a second job that is not declared to the tax authorities. Another definition is monnlighting is a situation wherein an employee gets hired by one or more employer at a time. The reason why its coined moonlighting is most probably because this type of work is mostly performed during your spare time at night, under the light of the moon.

The term weekend entrepreneurs is synonymous to moonlighting. This, however, is converting your hobby and talents into profitable business during weekends. The kind of businesses weekend entrepreneurs have vary in substance, but mostly are made possible with the help of the Internet. An advanctage in being a weekend entrepreneurs is that you do not have to risk a large amount of money as business capital; and if the business becomes successful enough, one can quit their main job and devote themselves full time to their own business.

Of course this is no easy task. Most moonlighting can be in many forms, most of them are..

selling items at auction sites
freelance jobs making websites and softwares
taking pictures and selling them online
write a blog, generate traffic. or write a book and have it published
bake pastries and sell at tiyange or fairs
setup a garage sale
buy old items and resell them at higher price

These are just a few examples of what kind of moonlighting you can do. It will depend on what you want to do, your hobbies and your talents, use them wisely and earn money from it. A word of advice though, make sure that your employer is alright with moonlighting. Check your employment contract if it disallows you to engage in another job. If you do not do this, you might get into trouble in the end.


Written by Maureen Jane Tan

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