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Hi!
I have 7+ years of experience in small business management and operations within the Hospitality Industry (franchised motels).
For these last four years, I've been a technician in semiconductors (to have health insurance and actual income).
What side job can I start that can bloom into a real business? Is there a way to get an online business that I can manage from home for 3-4 hours every day?
Amway/MLM is not being considered as I am not a good salesperson.
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When business plans are tested they are done so from a high level down. Make sure your numbers make sense at a high level (reasonable growth, steady market share, etc.) and then you can back calc the detail to work.
E.g., for me to grow at 5% p.a. That’s 10m of revenue in 5 years.
That will come from 100 clients
Phase that over five years, more at the start from your pipeline, less at the end (or opposite of you are in growth phase)
These clients will be from XYZ regions / verticals
Make sure no region or vertical is growing faster than another, unless you have good reason to
Etc