It’s clear that the current economic climate is stressful for many people. With the threat of redundancies, banks going bust, big companies going into administration, and poor pension performance, no wonder the global economic mood is a little pessimistic.

However, rather than wait to be made redundant (if you’re in full time employment) or wait for a job (if you’re looking for a job), I recommend investigating how you can work for yourself and earn an extra income. Sure it’s a difficult time to make money, but it’s worth being proactive to make some cash to prepare for the worst. You never know, your sideline might even become a full business!

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I’ve alluded to the point that trying to earn some extra cash from a venture online is not that difficult, and that you can start with virtually zero investment. Assuming you aren’t making excuses for yourself, have you got what it takes to start an online venture? Exactly what skills do you need for an online business?

In this article, I highlight some of the useful skills you need to be successful when trying to earn some extra cash from a website or other online venture. I’ll also explain where I think my own skills fit into the picture, or where I need to develop my skill-base.

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