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By Meggie Nahatakyan
Special to the Financial Independence Hub
Divorce is not the end of the world. Well, not for you. Being newly divorced signals the beginning of a brand new life and the opportunity for you to redesign and fine tune your life, now as a single person, living under your own terms: the way you want it.
Studies show that many newly divorced women are often left off facing worse financial issues right after divorce. Many are struggling to cope with the demands of being able to provide for themselves and their families, single parenthood, and suffering low self-esteem as well as feeling emotionally battered.
Take stock of your life
Instead of focusing on all the negativity a divorce brings, it is crucial that you take stock of your entire life and place yourself in a positive frame of mind by being grateful for all the great things in your life: like your career, health, family, children, friends, and other support systems you have. After that, make a firm decision to make today the very ‘first’ day of a brand new and better life, looking forward to the future and achieve your fullest potentials in a way that fortifies your core values and beliefs.
Take your time
Take the time out of your usual routine and set your mind free. Relax. Think about how you want your life to look 3 to 5 years from now and what you really need in your life. What if you no longer have to work? What will financial freedom, abundance, wealth, and stability really mean to you?
To bounce back from your past broken relationship and face the future with confidence, you need to be financially stable. You can do this by starting a business that you can juggle while working at home and tending to the kids.
Here are 5 business ideas you can start post-divorce to start empowering yourself:
1.) Start Freelancing
There are websites like People Per Hour or Fiverr that allow you to sell your services for a price. If you are a good writer, bookkeeper, transcriber, or you have specific skill sets that can be outsourced, you can always telecommute and work online. The positive side of freelancing is the work time flexibility; you can work in the given timeframe but the exact hours of work will be up to you.
2.) Start a YouTube Channel
With videos booming these days, people are glued to YouTube and social media. There’s no denying that the future is video. Why not start your own YouTube video channel? Are you a good cook? Start a cooking channel. Are you an expert home DIY hobbyist? Then, let the world know through your very own video channel. There are no limits to what you can do so as long as your channel offers interesting and useful content, you are sure to get viewers and subscribers. Join the bandwagon!
3.) Become an Affiliate Marketer
All you need is a computer and stable connection for this. Set up a website and your blog and start promoting affiliate products in your spare time. You can check websites such as ClickBank or Commission Junction to get started. There is no initial capital outlay but the returns are potentially great.
4.) Become a Reseller
There are many online merchants selling their products on social media today. Head to Facebook or Instagram and you will see tons of products being sold from baby, home, food, beauty, and DIY: you name it they have it! These merchants are looking to grow their sales and they are taking in resellers to promote their products and services. You can top up depending on your agreement or by following their suggested retail price. It will cost you nothing to get started, but it will guarantee a steady income for you and your family if you are serious about your marketing. You don’t have to leave home, so you can do all the chores and at the same time tend to your online reselling business.
5.) Start a Customized T-Shirt Printing Business
People love everything customized these days. On Etsy, you can see merchandise ranging from custom-made bags, shoes, wallets, slippers, mugs, to customized t-shirts being sold online. You can start a business customizing t-shirts using laser printing technology.
Use your creative juices to come up with really funny, witty, interesting, and highly relatable catchphrases in your shirts to attract the young millennial online buyers. Leverage from the online market and create your own brand of customized t-shirts.
Divorce is not the end of the world; it is an opportunity where you can easily stand up, dust yourself off, and show the world that you can survive and thrive!
Meggie Nahatakyan is a marketing expert and a data junkie at the UK-based OmnicoreAgency with more than six years of experience in the field. Aside from being a marketing nerd, she is a mom of 2 and loves taking her life to the extreme with bungee jumping and skydiving when she needs some freedom.
