The Trump Blog

The Trump Blog

Ideas and Opinions from Donald Trump and TrumpU Faculty.

More People Moonlighting

Whether or not you believe we’re in a recession, a lot of people are taking a hit to their wallets and bank accounts and have to deal with it in some relatively old-fashioned ways.

For one, moonlighting seems to be back in style. But it certainly isn’t because people are testing the waters of new careers or trying to expand their horizons beyond their boring day jobs. Now, when people work two jobs, it’s almost always motivated solely by financial need - either they really need the funds now or they’re afraid they’ll lose their primary source of income.

According to the Department of Labor, the number of Americans who work a full-time job and have a part-time job on the side has risen to more than 4 million. It’s being called “moonlighting by fear” and is most prevalent among workers in industries that are struggling.

Some people are getting second jobs not just to stay afloat but to keep up the supersize lifestyle so many Americans have grown accustomed to. If they want to keep the big house, the fancy cars and all the trappings, in today’s economy that often requires a second job.

If you’re going to moonlight - for whatever reason - be smart how you go about choosing that second job. Either find something that can help with your real career or take a job that you’d enjoy. And by all means, get a job that pays enough for all your trouble.

In any case, be careful that your second job doesn’t jeopardize your main job or you’ll be defeating the purpose of moonlighting in the first place. I know it’s not easy. The country’s in a major recession and everybody has to do what they can.

Donald J. Trump is Chairman of Trump University.

Permalink |  Email this |  Add to Del.icio.us  Digg it!  Add to reddit  Add Newsvine  Add to Technorati  Add to FURL

7 Comments   Post a comment

[-] Posted by member1792715 on 05/05/2008 11:22 AM
Hi There,

We are currently having the same 'penny pinching' here in South Africa with high and ever increasing interest rates and fuel prices. I was retrenched in June 07 and decided it was time to take the advice of all those wonderful books I had read and started my own retail store. However being a high end product niche market, my products have now become last on my customers shopping lists. I gave up a lot for my business , fancy car etc, however I will not give up my business. I am now considering going back into the corporate field so as to be able to finance my store through this tough time. However this makes me feel as a bit of a failure. However I do cosider this as a move to save my business and not to keep up with the neighbours. Am I making a wise move? If anybody has been through the same and can offer some advice it would be apreciated
[-] Posted by Tammie Lynn Coffey on 05/05/2008 6:06 PM
Moonlight Writer

As a freelance writer I write everything I wish. If I obtained a job to write "exclusively " for a publication, or, if I wrote a book with a big shot, I would still be an essayist with feelings and imaginings irrelevant in scope to the scenery of that project. The naked truth about the life of a writer is that no matter what I work on, it almost always inspires depth in something else I am working on, and gives me a brand new sheet to my work or thesis. This is useful if you’re a writer, dire if you are a computer programmer working for a bloodthirsty company. In my observation of concept of moonlighting is simple: go into each job with honesty, let the people know who you are, and if you want to work on other projects while you are working for that company, make that point unambiguous. The mediocre moonlighter is dishonest, even worse than that is the case where you are rendering your own intellectual property. In my work, my views and ideas need to be published in more than one place, and then copyrighted in order to assert ownership over them. However, the publishing world is just dirty, and they play grubby poker. I have learned to understand that I am my own boss and publish where I wish till I sign a contract and the contract reads otherwise! As a author, who loves to write, on so many topics it would be difficult to imagine being sheltered into one contract- I guess I could do it, but I would have to see the money first! My husband is an electrician, and in his line of work this sort of thing is commonplace, the difference in his line of work has to do with the supplies used on the job, and where the client referrals come from. This is a tricky area that you won’t want to be on the wrong side of the employment laws on. An employer has the legal right to sue you for taking a "side job" if that "side job" resulted in his or her advertising or expense in most states. As with most employment issues the laws will vary from state to state and it is wise not to steal customers from your boss, they tend to get nasty when they learn that you did that! Besides, what reason would anyone have for calling on the company if they can call the electrician directly and get the job done for less? Moonlighting inside the same industry can be like shooting yourself in the foot with your existing employer, and you will want to be honest about this if and when you play that game of poker- greed motivates people to do things, that they later regret, and they find that they gain was not worth the risk. Similarly, if you have a curiosity about an industry or a culture and want to explore it, go for it, just tell everyone what your up to and don’t step on toes, or take revenue away from the employer who is spending money to attract a client base! Most people who own businesses want independent thinking well-rounded people working for them, and they want to know you can be trusted. They want you to be true to yourself, content, not reckless, because they know if you’re desperate you’re more likely to embezzle from them. Under the moon, anything is possible, it lures people to do the darkest things, be sure you want to go there, be honest with people about where your going- the moonlight can at times light the way to new stimulation, but it can cast a silhouette of doubt on your reputation if you do not disclose you are dancing under the moon after you leave your 9-5!
Best to you all,
Tammie L Anderson Coffey
Author, scholar, researcher
[-] Posted by member1696811 on 05/06/2008 1:29 AM
You're right...a lot of people work two jobs, and for varying reasons. Some people have just overextended themselves to please everyone else, so they really have to "pay" in spending all of their time working, to pay for their out of control spending habits. Time is money...who said that? Benjamin Franklin, maybe? Time is money, so spend it wisely.

Then, others have to work two jobs because they have too many children. I spoke to a gentleman on the phone today who has five kids; two of them handicapped. He said that the Bush administration has really cut benefits for those who are disabled. Unfortunately, unless those politicians have been affected, personally, by people w/disabilities...they don't care. Luckily, people like you, Mr. Trump, raise money for Autism. People have to understand, that in many cases, kids w/extreme learning disabilities will never be able to care for themselves. For all of the taxes that we pay, it would be nice to know that some of the money that we pay into FICA was really going to help those families with learning disabled children and truly disabled adults. (In most states, obtaining disability is incredibly difficult...a drawn out process because there are too many able-bodied people who "pretend" to be disabled. The process weeds out the fakers, but, really makes things difficult for those who deserve benefits. I would love to work in one of those offices...I could tell in two seconds if someone was bulls****** or not).

And, ladies, don't get too excited about the money that hookers, or, so-called "escorts" make, and think that that would be a nice/fast way to supplement your income. Hey, it's worth mentioning because those girls from that Emperors' Club (Spitzer's stupid choice) escort service were supposedly business professionals, as well. They had degrees in this and that, and, were well educated (probably trumped up resumes). But, still...some young girls might see that and say, "Wow! $4300 an hour. Ok. I'll do that." Lemme tell you something that I have theorized about that whole high dollar hooker stuff...Most of their clientele must be politicians because I have worked for a lot of businessmen...and, regardless of their moral behavior...they're too conservative to pay that kind of money for sex. And, they are usually in a position of power, so, they would never dream of paying for sex. Who, in their right mind, would pay that much for sex? (Someone with serious emotional issues). They wouldn't...but, they don't mind spending tax-payer's money to do it. My point is...if most of these guys are politicians...because that's the trend with them, then, that means that "we" the taxpayers are paying their salaries, so, "we" are the ones paying for their escort sex! That's just not right. That money could be going to those kids with disabilities. That's one reason not to be an escort to politicians...besides the fact that it's just plain disgusting. And, another reason is that they "always, always, always" get caught. You know what's next, once you get busted...jail-time, fines, and, generally suicide...or, a homocide made to look like a suicide. And, you know what? Nobody cares if it wasn't really a suicide. They figure...well, she shouldn't have been a greedy slime-ball, taking money away from disabled children and our elderly senior citizens. Those idiots (politicians) are supposed to be serving us - PUBLIC SERVICE, not...let's get elected and completely ignore our citizens & brazenly spend time with hookers that we should have spent getting rid of pork barrel spending and upholding the law...and get paid for it, too.

In essence, crime does not pay. Short-cuts wind up making you take an even longer road to get to where you're going. However, if you are really desperate and into that sort of thing, go to Nevada where it's legal.

I've heard of people moonlighting as a means of networking, as
[-] Posted by *Gopi* 'Where Quality becomes Reality' on 05/06/2008 2:44 AM
I see recession as a powerful seed of Remarkable Society that is about to be born.
http://www.noglassceilingmovie.com/

Ina Matijevic
**Video shared by Larry Gesner**
[-] Posted by member1697219 on 05/06/2008 5:08 PM
Well said, Mr. Trump

Thanks.






Turn your annuity into instant cash
http://SDI.Financial.officelive.com
[-] Posted by Cheryle on 05/07/2008 6:05 AM
Are they paying taxes on the money they are making?

When I was a young child, my brother and I started an after-school lemonade stand. In the summer, this was a full time business. The motivation: ice cream. We always made enough money to buy the flavor of the day from the truck that came around our neighborhood.

At the time, we were not registered with the town, incorporated, didn't collect sales tax, hire an accountant or keep receipts for any of the business sales and expenses.

Adults in the neighborhood thought we were cute, ambitious kids staying out of trouble.

Today, kids are starting their own internet businesses and many are making more money than their parents who work full time jobs and pay taxes. Selling games online and youth products is a lucrative money machine for many teenagers.

This is a fun way to make money, but is it legal?
[-] Posted by Mary Rose's Garden on 05/07/2008 8:18 AM
Whenever I have moonlightted for necessity, I've moonlighted with my own business. This does several things. First it brings in the cash. Second you can control how much business that comes in for your available time and resources. Third, if you do very well- you are setting yourself up to be able to jump out of a job that is obviously not meeting your full needs. My biggest problem with this form of moonlighting is keeping the business down to a size that I could manage with my energy resources. When I was doing this, I saw this as a problem. With my new Trump University mentality- I see this as opportunity!
Get the Feed
AddThis Feed Button

Please send me Trump University's weekly e-newsletter Inside Trump Tower and let me know about special offers.


See how you stack up against Donald Trump take our FREE entrepreneurship test.

Blog Roll

Trump's Official Apprentice Blog

Trump U's Marketing Blog

Common Sense Guy

Seth Godin's Blog

How to Change the World

Tom Peters

Pogue's Posts

Beyond Branding

Freakonomics

Marketing Excellence Blog

Clear Blogging

Rajesh Shakya

 

TrumpU Books

Trump Wealth Building 101 Trump University Wealth Building 101 Your First 90 Days on the Path to Prosperity

Trump 101 Trump 101 Author: Donald Trump Publisher: Wiley

Trump Marketing 101 Trump University Marketing 101 How to Use the Most Powerful Ideas in Marketing to Get More Customers

Trump Real Estate 101 Trump University Real Estate 101 Building Wealth with Real Estate Investments

Trump Entrepreneurship 101 Trump University Entrepreneurship 101 How to Turn Your Idea into a Money Machine

Trump Asset Protection 101 Trump University Asset Protection 101 Tax and Legal Strategies of the Rich

 

HACKER SAFE certified sites prevent over 99.9% of hacker crime.