Your guide to mystery shopping success

Moneymagpie's exciting new eBook reveals how you could be earning £££s and enjoying freebies as a mystery shopper. Enter the code MAG10 at checkout and pay just £3.49 (usual price £7!). Order here..

  • Jasmine: consumers pay over £9 billion a year in fees and lost interest on their current accounts a/c Which? (24th May 2012 - 10:27)
  • Moneymagpie: Good morning Moneymagpies! We know how keen you all are to pull in a bit of extra cash, so we've been coming up... http://t.co/uBIx1X0W (24th May 2012 - 08:37)
  • Moneymagpie: Fancy a cheap weekend away?: I can’t believe the prices of holidays this summer. What with the Olympics, the Jub... http://t.co/asHubKep (24th May 2012 - 08:30)
  • Jasmine: Good idea of Consumer Focus promote Credit Unions through Post Offices. We need to use Credit Unions a LOT more http://t.co/Hl2Vl7Os (24th May 2012 - 07:01)
  • Moneymagpie: Did you see Jasmine Birtles on Sky News this morning? We will let you know next time she's on the box! (23rd May 2012 - 14:05)
  • Jasmine: @mokbeehive Oh well, thanks for trying! Hope all good with you :) (23rd May 2012 - 14:04)
  • Jasmine: @RetirementAngel Sure tweet the link (23rd May 2012 - 13:58)
  • Jasmine: @TiraLondon Yes there should be a law against it! (23rd May 2012 - 12:42)
  • Jasmine: Lots of people having shouting arguments on mobiles outside my window today. Lighten up! This is not the weather for shouting! (23rd May 2012 - 10:53)
  • Jasmine: @EamonnHolmes :) X (23rd May 2012 - 09:48)
  • Jasmine: @EamonnHolmes and you are uniquely the one and only EamonnHolmes :)) (23rd May 2012 - 09:43)
  • Jasmine: @DronfieldShell :) (23rd May 2012 - 09:42)
  • Jasmine: Good fun on the Sky sofa this morning with@DelaneyMan @SkyCharlotte @EamonnHolmes :) (23rd May 2012 - 08:42)
  • Jasmine: @Ghostof1724 Thank you! (23rd May 2012 - 08:40)
  • Jasmine: @thegriffter Thank you! (23rd May 2012 - 08:40)
  • Moneymagpie: Good morning Moneymagpies! Picture your telly. Is it balanced on table or have you got it secured? It might not... http://t.co/Ih4NHMx9 (23rd May 2012 - 08:01)
  • Jasmine: RT @money2themasses: A map of Europe highlighting who is & isn't in recession - http://t.co/LzlGL9VN (23rd May 2012 - 07:54)
  • Jasmine: Doing the papers on sky news in a mo (23rd May 2012 - 05:28)
  • Jasmine: More people now own shares than belong to trades unions #greshamlecture (22nd May 2012 - 17:56)
  • Jasmine: RT @mrchrisaddison: Just One Book #librarypop #coalitionremix (22nd May 2012 - 16:09)
  • Jasmine: A Loan Again Naturally #librarypop (22nd May 2012 - 16:09)
  • Jasmine: The Book of Love #librarypop (22nd May 2012 - 16:08)
  • Jasmine: Good. The OFT's sticking it to Wonga http://t.co/w6qc8etr (22nd May 2012 - 15:33)
  • Jasmine: Paris most expensive place for a Club Sandwich at £20.43 a/c http://t.co/6xZRwOda. London is tenth on the list. (22nd May 2012 - 14:19)
  • Moneymagpie: Today's newsletter's got a fantastic holiday discount, a FREE money magazine and abrand new online survey site for... http://t.co/x2litxMA (22nd May 2012 - 13:34)
  • Moneymagpie: Banks need to lend or the economy will cease up: So far I haven’t been one to complain about the banks not lendi... http://t.co/nto2CDQG (22nd May 2012 - 10:22)
  • Moneymagpie: Good morning magpies! Today's money maker is all about how you can make money by answering the phone. Find out... http://t.co/qK9HYjej (22nd May 2012 - 08:13)
  • Moneymagpie: You’ll never buy salad again…: …or spinach, or chard, after you’ve read this. I’ve been on a guided foraging wal... http://t.co/XRQaaMrR (21st May 2012 - 23:25)
  • Moneymagpie: Confused about Cash Isas? You don't have to be. Here's Jasmine's video explaining them... http://t.co/RTJzdrsS (21st May 2012 - 14:21)
  • Moneymagpie: Payday loans used for food: Over 60% of people who took out payday loans were using the money to pay for househo... http://t.co/iFIiSfWF (21st May 2012 - 11:49)
  • Moneymagpie: Got a burning question about money?Now you can ask Jasmine what she thinks, through Jasmine's World: http://t.co/Tz48Qf4f (21st May 2012 - 11:14)
  • Moneymagpie: Win the ultimate street party collection! http://t.co/3wGpBIMI via @pinterest (21st May 2012 - 11:08)
  • Moneymagpie: Everyone who spends £40 or more at ASDA bet 21st May and 17th June can get a £5 off £40 bonus voucher online (21st May 2012 - 10:07)
  • Moneymagpie: #Win this gorgeous street party collection from Lakeland. Simply RT this and follow @moneymagpie for a chance to win! http://t.co/ZNPxDgJv (21st May 2012 - 09:27)
  • Moneymagpie: Good morning Moneymagpies! Did you all have a nice weekend? Kick start your week by swapping your greedy... http://t.co/TSTr37ph (21st May 2012 - 08:44)
  • Moneymagpie: National Vegetarian Week 21-27th May: It’s National Vegetarian Week, so here are some of my favourite veggie mea... http://t.co/xhsrBwqi (21st May 2012 - 00:15)
  • Moneymagpie: RT @Jasmine: My 'Smarter Living' challenge in the Telegraph http://t.co/xXdyujYZ (19th May 2012 - 11:48)
  • Moneymagpie: Make money with an oven-cleaning business: Your very own oven-cleaning business – how does that sound? Cleaning ... http://t.co/Yz3HQH7b (18th May 2012 - 16:30)
  • Moneymagpie: New article! Make money with an oven-cleaning business - http://t.co/6ZwLdZhP (18th May 2012 - 16:17)
  • Moneymagpie: What do I do if my bank won't give me an overdraft? The latest 'Ask Jasmine' question http://t.co/YBN6SHi2 (18th May 2012 - 15:09)
Small Business

Working 5 to 9…

May 12, 2010

There are over 5 million people doing it and now a book is launched to help many more follow in their footsteps. We’re talking about ‘Working 5 to 9’ which involves holding down a day job and building a business at nights and weekends. The book’s author, Emma Jones, offers 8 steps showing how you can do the same.

Don’t give up the day job (just yet) start by ‘Working 5 to 9’

If you are in a job but not sure for how much longer, or wanting to turn a skill/hobby/passion into a way of making some extra cash, then you’re a perfect candidate for becoming a 5 to 9’er. This is the name I apply to the millions of entrepreneurial people who are employee/Mum/student by day and working on building a business, in their spare time. It’s a great way to become your own boss as you give yourself time to build confidence – and the all-important cashflow. Here’s how to get started:

1. Find an idea – in the book I offer 50 ideas for businesses you can start in your spare time and they range from book publisher to personal trainer, toymaker to rare breed pig farmer, and all else in between. Come up with an idea that is a) connected to your hobby/passion/skill or b) fills a gap in the market or c) is something you see someone else doing and think you can do better yourself.

2. Make a plan – with your idea in mind, make a plan. It only need cover 4 pages or so to include your idea, how you’re going to promote the business, ways of getting your product or service to market and the financials that show a profit at the end of the day. There’s a template in the book for a basic business plan that will help you draft this.

3. Promote thyself! – promote the business and watch sales roll in. Issue a press release, host an event, enter an Award and have profiles on well populated platforms such as Twitter, Facebook and LinkedIn. Your marketing will set you up as an expert in your field, and in the book I show how you can do this without spending a single penny.

4. Make the most of technology – the book carries a good number of tips on this topic. Have the business work whilst you’re at work with a website that attracts an audience and makes it clear and easy to buy. Time is your most important asset when Working 5 to 9 so make the most of it by using web based email systems, time tracking software and Sky + to ensure you catch up with all your favourite shows!

5. Create space – have space in the house that is reserved as your office/work area and adorn it with furnishings and items that increase productivity; a vision board, decent sound system, and a sturdy desk and chair.

6. Tell the boss – so long as you’re not doing anything that is in competition to your day job (and out of all the 60 profiled 5 to 9’ers in my book, not one of them was) then it is wise to tell your boss you’re earning outside office hours. In the book I outline how to go about this conversation and conclude that most employers see Working 5 to 9 as a good thing as you are gaining new skills, with the employer realising the benefits, without having to pay for the training.

7. Tell the taxman – we have a duty to inform the tax man of activities within three months of trading. Registration is straightforward and the book will guide you if you’re at the point of considering whether you should set up as a sole trader, partnership or limited company. It also shows how to keep the tax bill as low as possible by claiming business and homeworking expenses.

8. Do what you do best and outsource the rest – a strategy that applies throughout your business life, from starting up to growing into a full time venture. Stick to the activity you know best and get help from others in areas such as accounting, admin, sales, fulfilment, PR and marketing. Keep in touch with partners using free or low-cost tools such as Basecamp, Huddle, Glasscubes or Tinychat and the business will run smoothly, and profitably.

As well as 50 ideas for businesses you can start in your spare time, the book profiles 60 successful 5 to 9’ers. All of them speak about how exciting (and busy!) life has become since they started their part time venture; I hope you will read their stories and be inspired – and then take the tips and advice to become your own boss, in your own time.

Visit Working5to9 to learn more about ‘Working 5 to 9 – how to start a successful business in your spare time’

Emma Jones is founder of Enterprise Nation, a business expert, and author of ‘Spare Room Start Up’ and ‘Working 5 to 9’.

Leave a Reply