|Jitin Chawla, Director, JUMP|
There’s much to be said for working from home—no traffic jams, no need to leave home early, no bickering with auto-drivers, no office politics... If you have the discipline to dedicate a few hours every day to work, there are plenty of opportunities to earn from home. Some might involve a little travel, but it’s not a daily affair. Be prepared to earn a little less—but the quality of life should make up for the loss of income. Take a look at some options for home-birds.
Online tutoring: You can earn anything from Rs 8,000 to Rs 30,000 a month if you’re a qualified teacher with computer and communication skills. The subjects in demand these days are math, English, physics, statistics, chemistry and biology. The advantage is that you can teach part-time (4 hours a day) or full-time (9 hours).
Placement agency: If you network, you can earn up to Rs 1 lakh per assignment. Many booming sectors in the economy, particularly IT, ITES, insurance, retail and banking, have manpower scarcity. If you tie up with institutes to organise their campus placements (like www.campusconnect.com) or get databases of people looking for jobs and help organisations find the right people, you can make a fat packet.
Resale: Buy cheap, mark up the prices, make a profit. Depending on what you decide to sell (and your neighbourhood), you can make anything upwards of Rs 10,000 a month. And the buying need not be a problem; frequent auctions, garage sales and sales by embassies or large companies can get you almost anything for half the value.
Wrap it: Offer a gift-wrapping service, either in association with a neighbourhood retailer or on your own. You can earn Rs 8,000-30,000 a month, depending on the demand and your offering.
Event planning: It is a good business idea especially if you manage everything. All the extras such as invitations, banners and balloons can be prepared at home. Networking with the business community can help you get a lot of work. You could make up to Rs 1 lakh for every event.
This list is indicative; many other jobs can be done out of home. Decide on what you can do and how much time you can spare, and then go for it. You’ll not miss the 9-to-5 grind.