RM20,000- RM40,000 per year
At least RM 5- RM15 per article (full abstract with index)
Solicit database publishers, corporations, respond to newspaper ads for abstract work
Knowledge in the areas you are abstracting, ability to research a wide range of topics,ability to organize and consolidate data, good writing and communication skills, knowledge of databaseservices and CD-ROM publishers
Computer and modem, fax, printer, software, office furniture, business cards,letterhead, reference books, dictionaries
Keep an eye on on-line time if using these services
Abstracters read articles from various publications, summarize them, and store the data on a computer.Some abstracters also index the articles by key words or terms that help the computer locate themquickly. Often abstracters specialize in areas such as engineering, science, and other technical fields;some work in medical and legal fields. A keen interest in reading is very important to your success, as isthe ability to retain what you read. Good writing skills and knowledge of the topics you are abstracting isessential, especially for condensing the material. This business could also fit well with an existing editorialservices or technical writing business. If you don’t have actual paid experience as an abstracter, you canselect articles of interest to certain potential clients, make up a portfolio of samples, and pitch your services to them. You might also talk with database publishers to discuss how you might help them, andvice versa.
In addition to basic computer equipment and a word-processing package, you don’t need much beyondoffice furniture and reference books. Your business can be launched for as little as RM2,500. ChargeRM5-RM15 per article.
Many larger corporations, in particular, rely on abstracting services to keep them updated aboutcompetitors and innovations in products and services relating to their businesses. This work allowsconsiderable flexibility in your schedule and requires only a modest investment. Abstracting demandsgreat concentration and careful organization, but also exposes you to a wealth of knowledge andcontacts. You also will have the satisfaction of knowing that your work provides a valuable service to your clients.
RM75-RM150 per hour, a monthly retainer, or a per-job basis
Networking, trade publications, teaching at a community college or adult school
Knowledge of design, layout, and typography; writing skills; experience
Computer with modem and high-resolution printer, presentations, desktoppublishing, and photo software, scanner, CD-ROM, fax, copy machine, business card,
Organizational dues and schmoozing may get costly
You’re probably not going to be doing ads for Cellcom, but if you are motivated and highly skilled you canbuild up a home-based ad agency serving clients in a specialized area. To get a foothold, you’ll need tohave experience from a larger agency, or a source of clients who know you and respect your interest inwhat they do. Activities such as collecting or participating in a special sport could be your lead-in to asmall but profitable market. Or you could specialize in one type of store, one product, or a type of service.You will get to know your client organizations well, and you will draw on all of your creativity, both verbaland graphic. New ways of getting a commercial message out to the public are revolutionizing theadvertising field, so creativity extends into the nature of the business itself as well. Very few businessescan succeed without advertising in one way or another, so your creativity and awareness of market needshas many possible customers. You’ll need to educate your clients about the value of advertising—even