What about things like selling insurance or real estate? I certainly don't intend to imply that either are easy money and don't require hard work, or that any person off the street could be successful in either, but there are a few things that are very attractive about them. It seems 40K and another household income could provide some freedom for a while to get started in sustaining one of these paths-

Experience with insurance has been on the consumer commercial side, not selling.

More knowledgeable about real estate than anything (although that might not be saying much). Have had some success with a couple investment properties, and I know the market, just have to learn the actual hard parts-contracts/deeds/etc....

This post was edited on 9/24/15 at 10:18 am

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Posted by JamalSanders

On a boat

Member since Jul 2015

12135 posts

Posted on 9/24/15 at 10:27 am to AUjim

Now is a great time to start studying and talking with people. The first two things you need to figure out is what you can provide that people will give you money for and why people will give YOU money for that.

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Posted by Ace Midnight

Between sanity and madness

Member since Dec 2006

89731 posts

Posted on 9/24/15 at 10:37 am to AUjim

quote:
Experience with insurance has been on the consumer commercial side, not selling. More knowledgeable about real estate than anything (although that might not be saying much). Have had some success with a couple investment properties, and I know the market, just have to learn the actual hard parts-contracts/deeds/etc....

Well - real estate or insurance, you're not just going to jump out with your own agency - you're going to go to work for someone else - at first. Now, being on commission, that $40k may provide some cushion, but we're already talking about living on the spouse's income for 18 months. There should be little to no overhead in working as a realtor or insurance agent for someone else.

Certainly $40k isn't going to buy someone out of their agency or realty - at least not one worth buying.

This post was edited on 9/24/15 at 10:38 am

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