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How to make money from home?

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How to make money from home?

Have you ever wished that you could get away from the daily grind of a 9 to 5 job and instead work from home? Have you wanted to be independent and stop working for others? Your wish can come true! You can stay at home and earn money, allowing you to be independent. It is possible to spend more time with your family and save time commuting for work. You can earn money from home through various ways. Let’s take a look at some of them.

1) Take up freelance work

One of the best ways of earning an income from home is to take up freelance work. This is work in the job area you are proficient. Instead of working for someone, you take up work on a freelance basis and work for more than one employer. You will not be a salaried employee, but would be paid for the work you take up and complete. Since you are a freelancer, you have the freedom to pick and choose the work you can do. This allows you to take up more work when you are free and less work when you have some other commitments. This is an ideal work from home option.

To earn serious money you need to be proficient in one particular area. Some companies outsource work to freelancers. You need to find such companies and convince them of your abilities. The internet gives you access to many freelancing websites where you can find such freelance jobs. Most sites require you to bid for the job. If you get the job, you need to complete it on time and as per the requirements of the client. The more successful jobs you complete, the more is the opportunity to earn.

You can get your first break only if you are skilled and experienced or quote a low price. From then on, you need to prove your proficiency to enjoy success. Web design, Software programming, Content writing, Graphic design, Data Entry, Digital marketing are some of the areas where you can do freelance work. Websites like Upwork, Freelancer, Toptal, and Fiverr can be helpful.

2) Sell a product from home

If you have a product that you can create at home, then there are many ways by which you can sell it and earn money. The product may be anything from flowers that you grow, hand-made toys, bath products, artwork, candles, sweets, clothes and even T-shirts. There are websites that allow you to sell such products anywhere in the world. You can even choose to work with a leading online portal like Amazon to make your work easier. All you need to do is accept orders and keep the product ready. Amazon would take care of delivery and can even store your product at their warehouse. The key here is to have a product for which there is a demand.

3) Tutoring

Subjects like mathematics is a nightmare for many students. They would look for good tutors who can help them with their studies so they can pass their exams. Such tutoring assignments can be done from your home with students dropping in to your home. There are also websites that offer online tutoring services. You can register as a tutor with the website and teach students from your home. All you need is mastery of a subject and internet connectivity. Your tutoring skills decide how much you can earn. Cheggs, Tutor Vista, Buddy School, Happy Tutors, and Tutor are some of the popular online tutoring websites.

4) Take up blogging

A blog is a website where you share your views on a topic. It can be anything from politics to cooking, and technology to fashion. If you can write well and have the ability to connect with readers, you can start blogging. If the content you write is good, you can start getting visitors, who will then promote your blog to others. You can earn from online advertising and also use affiliate marketing to make money. The more the visitors you attract, the more you can earn. The secret of making money from blogging is to be able to write on something that people like.

5) Make videos

Websites like YouTube allow you make videos on just about anything. You can start a cookery show on your YouTube channel or even make video reviews of products. If people like your content, you can earn from advertising. There are people who have become millionaires by posting content on YouTube. There is no reason you cannot aspire to be like them. All you need is to make a video on something that would interest people. Then work to promote the video using social media and wait for success.

6) Online surveys

There are websites like OneOpinion, Swagbucks, and Survey Junkie that allow you to take part in online surveys. For sharing your opinion and feedback on various topics, you can earn points that can translate to cash or gift vouchers. You cannot hope to earn enough to make a living, but you can definitely earn some money.

7) Be a travel agent

You can become a travel agent sitting in the comfort of your home. You can work with hotels across the world and offer booking services for clients. If you have knowledge about travel destinations, you can help travelers and make money through commission on booking.

8) Daycare services

This is popular way of earning money. Provide day care services by taking care of children at your home, while their parents go to work. There is even an opportunity to take care of pet animals and earn money. You need to have the patience and ability to manage kids or pets, as the case may be.

9) Start a B&B

Websites like AirBnB allow you to rent out a part of your home to guests and make money from it. This is a good way to earn money if you can take care of guests well.

You can earn money from home by trying out any of these methods.

Business

Toyota develops fuel cell system to cut carbon footprint

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Toyota develops fuel cell system to cut carbon footprint 1

TOKYO (Reuters) – Toyota Motor Corp said on Friday it has developed a packaged fuel cell system module, as it hopes to expand its usage and accessibility of the zero-emission technology amid the industry’s shift towards electric vehicles (EVs).

The world’s biggest automaker, which launched a revamped Mirai in December, has not been successful in winning drivers over to fuel cell vehicles (FCV).

The FCV segment remains a niche technology despite Japanese government backing, amid concerns about lack of fuelling stations, resale values and the risk of hydrogen explosions.

The new fuel cell (FC) battery system, which has been offered in separate parts, will be available in a compact packaged module to be used as a stationary power generator or in trucks, buses, trains and ships, the company said on Friday.

Toyota said it plans to sell the module to other companies in the spring of 2021 or later, but did not disclose details on price or sales target.

“Toyota has been taking various initiatives toward the creation of a hydrogen society,” the Japanese company said in a statement.

“Through these experiences, the company has learned that many companies involved in FC products in a variety of industries are looking for FC systems that can be easily adapted to their own product.”

The automaker said it plans to offer horizontally and vertically packaged models, weighing about 240kg-250kg, each with a rated output of 60kW or 80kW.

These module models can be combined to flexibly adapt to the output level and amount of installation space available.

The module, which packages individual fuel cell system-related products of the revamped Mirai car with enhanced performance, will be produced at Toyota’s Honsha plant in Aichi prefecture, a company spokesman said.

(Reporting by Eimi Yamamitsu; Editing by Tom Hogue and Sherry Jacob-Phillips)

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Analysis: Hyundai bought chips when rivals didn’t; its assembly lines are still rolling

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Analysis: Hyundai bought chips when rivals didn't; its assembly lines are still rolling 2

By Joyce Lee

SEOUL (Reuters) – Hyundai Motor has so far avoided a chip shortage that has plagued global automakers, largely maintaining its stockpile of chips last year and even accelerating purchases towards the end, three people with knowledge of the matter said.

The shortage has forced production cuts worldwide, including at Volkswagen and General Motors, prompting Germany and the United States to ramp up efforts to resolve the shortage.

Other than Japan’s Toyota Motor, which said this month it had enough chip inventory to last it about four months, Hyundai and its sister firm Kia Corp are the only global automakers to have maintained a stockpile of low-tech chips that helped them keep up production.

If it doesn’t ease soon, though, the shortage could hit Hyundai too, as tight capacity on factory floors starts pressuring production of even high-tech auto chips, said two of the people, who are familiar with the company’s purchases.

The South Korean automaker kept buying chips even as rivals cut orders to reflect diminished demand because of the pandemic.

Analysts said past events that roiled Hyundai’s supply chain and forced it to halt production have shaped this more conservative take on inventory, a departure from automakers’ typical just-in-time approach.

“Like other automakers, Hyundai also planned to cut production at the beginning of the year because of COVID-19,” said one of the people with direct knowledge of Hyundai’s purchases.

“But procurement read the trend of the semiconductor industry cutting auto chips production and said, ‘if we don’t buy them as well, we’ll be in trouble later on,'” said the person, referring to a rush of buying by gadget makers that sucked up most chipmaking capacity.

Chipmakers who supply auto companies outsource most of their production to contract manufacturers like Taiwan’s TSMC, which analysts say often prioritise orders from electronics clients who account for nearly all their revenue.

Hyundai still bought fewer chips in 2020 than it did in 2019, said one of the sources with direct knowledge of auto chip production. But it sharply increased buying in the quarter that ended in December, the person said.

The people declined to be identified because they are not authorised to speak to media.

The fact that Hyundai’s domestic market was relatively solid through the pandemic most likely influenced the company’s plans, analysts said, as did its experiences with China and Japan.

Hyundai took lessons from a diplomatic spat with Japan in 2019 that affected supplies https://www.reuters.com/article/us-southkorea-japan-laborers-chip-analys-idUSKCN1UR3LZ of chemicals at South Korean chipmakers, and in early 2020, when the coronavirus was spreading in China, production was halted in Hyundai and Kia’s plants because of shortages of a part from China.

A spokeswoman told Reuters Hyundai was collaborating with its suppliers to maintain stable production.

RISING CONCERN

Since Hyundai kept buying from chipmakers and global auto parts suppliers such as Bosch and Continental before the shortage worsened, they also managed to keep costs down.

“This has allowed Hyundai to first, secure auto chips, and second, buy them when they were cheaper,” said Kim Jin-woo, analyst at Korea Investment & Securities.

Hyundai also has more local suppliers than rivals.

These suppliers – including Telechips, which contracts fabrication out to Samsung Electronics – are likely to prioritise Hyundai, from whom they get much of their revenue, analysts said.

One person with direct knowledge of Hyundai’s purchasing decisions said the company has diversified suppliers for at least one chip since late last year.

In a statement on Thursday, Hyundai said it plans to halt operations at one South Korean factory for five days in March to adjust inventories of some models.

A union official told Reuters the company was trying to save chips by adjusting production of its weaker-selling Sonata model. Sonata in South Korea sold 67,440 units last year versus 145,463 units of Hyundai’s most popular sedan Grandeur.

According to an internal document seen by Reuters, Hyundai expects the shortage to ease in the third quarter, and Kia said last month that since October it had been reviewing its supply chain to prevent production disruption.

“We would not say we are prepared for the next three to six months, but we could tell you that we are not seeing any immediate production disruption,” Kia said on an earnings call last month.

Still, there is rising concern at Hyundai, two of the three people said. The company is checking inventory more frequently and trying to lock down supply contracts earlier, one of them said.

The union official said Hyundai had told the union this week that Hyundai “had secured a lot of chips” but that the situation was becoming “a bit difficult”.

“Clients are trying to pull all they can, while suppliers are being strategic about which order they meet,” said the source with direct knowledge of auto chip production. “It’s going to get worse before it gets better.”

(Reporting by Joyce Lee and Heekyong Yang; additional reporting by Hyunjoo Jin; Editing by Sayantani Ghosh and Gerry Doyle)

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Kia shares rise after report says still scope for Apple partnership

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Kia shares rise after report says still scope for Apple partnership 3

By Joyce Lee and Heekyong Yang

SEOUL (Reuters) – Shares in Kia Corp rose as much as 8.1% on Friday after a South Korean online news site said there was still potential for the automaker to form a partnership with Apple Inc.

Shares in Hyundai Motor Co and its affiliate Kia were roiled earlier this year after Hyundai initially confirmed early stage talks with the tech-giant on autonomous electric cars, but later said they were no longer in talks.

Online site Chosun Biz said on Friday that Apple and Kia had signed a memorandum of understanding (MOU) last year and had agreed to pursue cooperation in eight sectors, including electric vehicles. It said negotiations on electric vehicles had not been completely cancelled.

“Even if the negotiations on electric vehicles fail, there are many items that can be negotiated in other fields, so we are still optimistic about the possibility of partnership between the two sides,” Chosun cited an unnamed source familiar with negotiations between Hyundai and Apple as saying.

Aside from electric vehicles, Kia and Apple are also discussing cooperation in “last mile” mobility, or transport to complete a final short distance to a destination after using another means of transportation, Chosun said.

A Hyundai Motor Group spokesperson and Apple had no immediate comment.

Analysts said the wording of Hyundai’s statement earlier this month, that it was not in discussions with Apple about developing “autonomous vehicles”, had left open possibilities of cooperation in other fields.

“The media report on Kia-Apple cooperation does not negate Hyundai’s statement earlier this month, since the statement was limited to a certain item,” said Kevin Yoo, an analyst at eBEST Investment & Securities.

“The ‘last mile’ mobility mentioned in the article is similar to Kia’s plan to strengthen its purpose-built vehicle business, which Kia said during its investor day event earlier this month,” he added.

The rise in Kia shares was in sharp contrast to the wider market’s 2.6% drop as of 0221 GMT. Kia was among only about 90 gainers, versus nearly 800 losers, on the KOSPI.

(Reporting by Joyce Lee and Heekyong Yang; additional reporting by Cynthia Kim; editing by Richard Pullin)

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