Retirement Jobs Evaluation Worksheet

The following Retirement Jobs Evaluation Worksheet is designed to lead you through the evaluation process as you evaluate the various possible online retirement jobs. It is not intended to include all possiblies, but to start you thinking about each one.

Some of the Pros and Cons may be different for you depending on your personal needs and situation.

The starting information is presented from the author's perspective: no customer service, no inventory, low risk, flexible schedule. It is the author's concept of the ideal retirement job.

You can either use your browser's print function to print this page or you can copy the table and paste it into MS Word or MS Excel.

Retirement Jobs Evaluation Worksheet
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Retirement Job Pros

Cons

Turn Hobby into Business

1. It is a subject about which you are familiar and enjoy

2. Your knowledge gives you an advantage over competition

3.

 

1. Can ruin a great hobby

2. May require customer interface and customer schedule requirements

3.

Sell Your Skill

1. It is a subject about which you are familiar and expert

2. Your knowledge gives you an advantage over competition

3.

 

1. May be tired of this field and want to acquire new skills

2. Must meet customer's scheduling requirements

3. Requires direct interface with customer

4.

 

Provide a Service

1. If you are familiar with service, it is using your knowledge well

2. Your knowledge gives you an advantage over competition

3.

 

1. Requires direct interface with customer

2. Must meet customer's scheduling requirements

3.

Create and Sell Your Own Product

 (Hardgoods)

1. If you are familiar with products, it is using your knowledge well

2. Your knowledge gives you an advantage over competition

3.

 

1. Must keep inventory

2. Must package and ship items

3. Must deal with customer service issues

4. Business might run you

 

Create and Sell Your Own Product

 (eGoods)

1. If you are familiar with products, it is using your knowledge well

2. Your knowledge gives you an advantage over competition

3. Publication costs are very low

4. Distribution costs are low

5. Profitability is high

6.

 

1. Considerable personal time to develop product

2. Must advertise and create traffic to sell product

3.

 
Create Local Service

1.If you are familiar with service, it is using your knowledge well

2. Your knowledge gives you an advantage over competition

3.

 

1. Requires direct interface with customer

2. Must meet customer's scheduling requirements

3.

 

Sell Using a Dropshipper (ebay)

1. You keep no inventory

2. Can use eBay for auction

3. Dropshipper handles all fulfillment issues

 

1. Must depend on dropshipper for customer service

2. Dropshipper can let you down

3. May find competition fierce

4.

 
Publish an eZine

1. Cheap publication cost

2. Build readership and mailing list for selling products

3. Personally rewarding

 

1. Publishing deadlines

2. Must build traffic to develop readership

3. Time to build credibility

4. Requires considerable personal time

 
Publish a Blog

1.  It is free and easy to set up.

2.      You do not have to worry about setting up a website

3.      You can include AdSense or affiliate advertising on your blog to generate revenue

4.      Readers can leave comments about your issues and interact with you

5.      Search engines see your new content quickly

6.

 

1. Publishing deadlines (if you set a publication schedule)

2. Must build traffic to develop readership

3. Time to build credibility

4. Requires personal time

5.   Readers can leave comments about your issues and interact with you

6.  Have to deal with blog SPAM

7.

Publish a Website

1. Most mature image on Net (.com)

2. Establishes solid identity

3. Give flexibility to do many things on site (blog, post videos, sell products, etc.)

4. Sell advertising

5.

 

1. Cost for hosting

2. Must build traffic to site

3. Requires considerable personal time

4. Depending on web host, will require some technical knowledge

5.

 
Affiliate Programs

1. Affiliate handles all customer interaction

2. No customer interface

3. Can be done on own schedule

4. Virtually risk free (except for personal time)

 

1. Usually you do not establish own identity for future business

2.

3.

 
Other Ideas-1

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3.

 

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3.

 

Other Ideas-2

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2.

3.

 

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2.

3.

 

 

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Copyright 2007 John Howe, Inc.


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