If you want to increase your earning power as an independent worker, it’s time to get creative about alternative revenue streams. If you have an expertise that people pay for when they hire you, there are other ways you can capitalize on that expertise. Here are some ideas:
I’m a risk taker. Yet this is not so much about my nature, rather I attribute it to the ecosystem where I live and work, the mentors who have shown me the way, and about Sacramento’s new maker culture I find myself enveloped in — where permission to fail is encouraged.
Existing business expansion is the single biggest source of job creation in the United States, accounting for nearly two-thirds of new jobs nationally, according to the Bureau of Labor Statistics. That’s why the Sacramento Metropolitan Chamber of Commerce is bolstering small businesses by kicking off a one-stop shop for regional employers looking to grow and expand.
For the past few years, Sacramento’s been trying to boost its tech cred. That’s not easy when you’ve got Silicon Valley for a neighbor, but one thing the Capital Region can boast is deep agricultural roots. These notable apps prove that innovation can be born right in our backyard. So if you want to support this region’s tech/food movement, be sure to buy local.*
(*The apps are free.)
Kish Rajan is the director of GO-Biz, the California Governor’s Office of Business and Economic Development. Previously, he was the director of North American sales for SanDisk, was an aid to Phil Angelides during his ’94 run for state treasurer and was a legislative aide to California Sen. Barbara Boxer.
A report recently released in New Jersey shows that, of the $4 billion in tax credits the Garden State has given to companies since 2010, a whopping 43 percent have been for jobs that already exist. Kish Rajan, director of the Governor’s Office of Business and Economic Development,says that is definitely not going to happen in California
Users are creating everything from human organs and limbs to handguns and musical instruments. Sales of 3-D printers, including materials and associated services, reached $2.5 billion globally in 2013, according to Canalys, which projects the market will reach $3.8 billion in 2014 and as much as $16.2 billion by 2018. But there remains room to grow.
Thomas Edison is most often credited with inventing a thing, the light bulb. But if you really take a look at what Edison did, you’ll see he was able to envision not only the technology, but also how people would use it and why they would benefit from its use. What he actually created was a product with a fully realized marketplace. Edison’s approach was an early example of a concept that has since been dubbed “design thinking” — a creative manner of problem-solving that places the user at the center of the experience.
It was a question they’d asked themselves time and again. Could Placerville support fine dining? Surely, they thought, the market for their envisioned eatery, The Independent Restaurant and Bar, must exist.
David Garcia, Stockton born and bred, has a background in urban policy and planning and has called cities like Baltimore and Washington, D.C., home. So when he and Tim Egkan co-founded Huddle, a new coworking space in downtown Stockton that held its soft opening last June, he knew change was possible. But that doesn’t mean he thinks it will be easy.
In 2008, John Bissell co-founded Micromidas Inc., a West Sacramento biotech company that has developed a process to convert carbohydrate feedstocks like cardboard into higher-value chemicals, including renewable plastics. The company incorporated in 2009. Bissell, a UC Davis grad who also serves as CEO, was recently included in Forbes Magazine’s “30 Under 30,” a tally of the brightest stars in 15 different fields, and has helped raise more than $20 million in financing for his company.
Whether you are a starving or established artist, we could all use a little mailbox money. Here’s how to get started:
Arcade belts has moved beyond the living room floor.
Thinkers, tinkers, social-changers and entrepreneurs: These are the ingredients necessary to make successful Startup Weekend. On July 18th-20th Hacker Lab will host the area’s third Startup Weekend, connecting local designers, business developers and technical experts who will work together to shape their ideas and compete for prizes. Winners have a chance to win legal advice for their startup, brand consultation or free coffee for those long days.
Casey Marshall is hunched over his phone, furiously scrolling through his Twitter feed in search of a photo of Waste Management’s promotional robot, whose broken axle he fixed back in March. “Someone came into the Hacker Lab and needed his robot repaired,” he says, grinning, “and I was like, ‘I gotta do that.’”
It may seem that landing that New York Times interview, getting featured on the front page of AOL or winning a $135,000 business contest means that, as a business owner, you are set for life. In truth, it’s just the beginning.
Bright orange walls and ergonomic chairs. A black conference table flanked by a half-dozen scruffy-chic men (zip-front sweaters, double-pierced ears, turn-of-the-millennium tattoos) and three times as many digital devices (nobody brought just one).
Every entrepreneur knows that it’s lonely at the top. Jeff Smith is no exception.
As Sacramento gears up to expend precious capital on a new sports and entertainment complex that will bring jobs, outside investment and prestige to the region, I can’t help but ask about other key ingredients needed to guarantee Sacramento a successful future.
Chris Johnson, the man poised to bring nuked noodles to the masses with an instant ramen cooker, occupies a 9th floor office on Capitol Mall that overlooks downtown Sacramento.