5 side hustles to upskill and earn money as a student! 💰
Summary
TLDRThis video script outlines five scalable side hustles for students, emphasizing the potential for part-time earnings and full-time scalability. It suggests roles like talent or influencer managers, digital item sellers on Etsy, freelancers specializing in Excel, PowerPoint, and Word, content strategists for social media creators, and web designers. The script stresses the importance of skill development over immediate earnings, highlighting the long-term benefits of upskilling.
Takeaways
- 📈 Scalability: The side hustles mentioned can start part-time earning 20-30k, but have the potential to scale to earning 2-3 lakhs full-time.
- 🤝 Influencer Management: Students can become part-time talent or influencer managers, helping creators with brand communication and collaborations.
- 💼 Commission-Based: Influencer managers earn a commission on brand deals, offering no fixed commitment to creators and aligning earnings with success.
- 🎨 Digital Products on Etsy: Selling digital items like printables on Etsy can be highly profitable, with a focus on foreign markets like the US.
- 📚 Skill Development: Side hustles should also focus on learning skills beneficial for future careers, such as Excel, PowerPoint, and Word.
- 🔍 Freelancing on Fiverr: Opportunities exist for outsourcing work in Excel, PowerPoint, and Word processing, providing a price advantage for Indian students.
- 📝 Content Strategy: A side hustle as a content strategist involves researching and crafting content for creators, requiring skills in copywriting, SEO, and social media management.
- 🌐 Social Media Management: Coordinating content across platforms like Instagram, YouTube, and LinkedIn is part of a content strategist's role, which can be scaled to multiple clients.
- 💻 Web Design: Learning web design can be a side hustle with potential for upskilling, though it may not be as profitable initially due to competition.
- 🛠 Skill-Based Earning: The script emphasizes the importance of choosing side hustles that not only earn money but also develop valuable skills for future career growth.
- 🚀 Long-Term Growth: The focus should be on upskilling during early career stages, as this can lead to exponential growth and higher returns in the future.
Q & A
What are side hustles and why are they beneficial for students?
-Side hustles are part-time ventures or jobs that one can do alongside their main job or studies. They are beneficial for students as they offer a way to earn extra income, gain practical experience, and develop new skills that can be valuable in their future careers.
What is the potential income range for part-time side hustles mentioned in the script?
-The script suggests that part-time side hustles can earn a student between 20,000 to 30,000 rupees, with the potential to scale up to two to three lakh rupees if turned into a full-time endeavor.
Why is upskilling recommended over earning a small income from a side hustle?
-Upskilling is recommended because it can lead to higher returns in the future. Learning new skills and gaining expertise can provide long-term benefits and open up better opportunities, which might not be possible with a side hustle focused solely on immediate earnings.
What is the role of a talent manager or influencer manager as described in the script?
-A talent manager or influencer manager is responsible for managing brand communication for creators or influencers. This includes negotiating with brands for collaborations, conducting due diligence on brands, and ensuring they are a good fit for the creator.
How can a student become a successful talent manager or influencer manager?
-A student can become successful by understanding social media trends, having good communication skills, and being able to add value to the creator's brand. They should also be knowledgeable about brand deals and the creator's category to effectively manage their profile.
What is the concept of selling digital items on Etsy as mentioned in the script?
-Selling digital items on Etsy involves offering printables and other digital products that customers can purchase and then print themselves. This can include activity books, coloring books, or digital comic books, which are sold to a foreign audience primarily in the US.
Why are digital items on Etsy a scalable side hustle?
-Digital items on Etsy are scalable because once created, they can be sold multiple times without additional costs for production or shipping. This allows for potential high earnings as the audience and sales grow.
What are the benefits of freelancing on platforms like Fiverr for students?
-Freelancing on Fiverr allows students to develop skills in Excel, PowerPoint, and Word, which are valuable in many jobs. It also provides an opportunity to earn money by offering services such as data entry, document structuring, and visual presentations.
What is the role of a content strategist in the context of social media and influencers?
-A content strategist researches and crafts content for creators or influencers. They may also handle social media management, SEO, and coordination with video editors and graphic designers to ensure content is uploaded at the right time and on the right platforms.
How can a student get started with web designing as a side hustle?
-A student can start by learning web designing skills and offering their services to clients on a part-time basis. This can help them gain experience and upskill, which can later be expanded to offer more comprehensive digital marketing services.
What are some channels to learn the skills required for the side hustles mentioned in the script?
-The script suggests looking for educational channels where students can learn about talent management, digital product creation, freelancing skills, content strategy, and web designing to prepare for these side hustles.
Outlines
🚀 Side Hustles for Students: Talent Management and Beyond
The first paragraph introduces five scalable side hustles suitable for students, which can be part-time to earn a modest income or expanded into full-time ventures with higher earnings. The focus is on talent and influencer management, where students can leverage their understanding of social media and trends to manage creators' brand communications and negotiate collaborations. The potential for growth is highlighted, with examples of individuals who started small and expanded into successful agencies. The importance of adding value and charging a commission rather than a fixed fee is emphasized, as is the need for knowledge in brand deals and social media.
🌐 Digital Side Hustles: Etsy and Freelancing on Fiverr
The second paragraph delves into two specific side hustles: selling digital items on Etsy and freelancing services on Fiverr. The Etsy opportunity involves creating and selling printables and other digital products to a foreign audience, which can yield significant earnings but requires patience and skill development. Freelancing on Fiverr involves offering services in Excel, PowerPoint, and Word, which are in demand by foreign clients looking for cost-effective solutions. The paragraph underscores the value of these hustles not only for potential earnings but also for the skills gained that can be beneficial in future jobs.
Mindmap
Keywords
💡Side Hustles
💡Scalable
💡Talent Manager
💡Influencer Manager
💡Etsy
💡Digital Items
💡Freelancing
💡Content Strategist
💡Web Designing
💡Upskilling
Highlights
Five scalable side hustles for students with potential to earn 20-30,000 part-time and up to three lakhs full-time.
Talent manager or influencer manager is a popular side hustle, helping creators manage brand communication.
Students are preferred for influencer manager roles due to their understanding of social media and trends.
Starting with one creator and scaling up to a full-blown agency with potential high revenues.
Commission-based payment for influencer managers, with no fixed commitment for creators.
Etsy as a platform for selling digital items like printables to foreign audiences.
High earning potential for simple digital items like scheduling templates on Etsy.
Freelancing on Fiverr for skills in Excel, PowerPoint, and Word with a price advantage for Indian students.
Learning valuable skills for future jobs through freelancing, even if the side hustle doesn't work long-term.
Content strategy as a side hustle, involving research and crafting content for creators.
Importance of understanding copyrighting, SEO, and social media management for content strategists.
Potential to automate and scale content strategy work for multiple creators.
Web designing as a side hustle for upskilling, with potential to expand to digital marketing services.
Competition in web designing, making it more about skill development than immediate earnings.
Recommendation to focus on upskilling in early 20s or teens for exponential growth in the future.
Channels suggested for learning skills related to the side hustles.
Advice to test the market slowly without spending on promotions for long-term side hustle success.
Transcripts
five side hustles that you can do as a
student and remember all of these side
hustles will be scalable which means you
can start with these side hustles earn
20 30,000 if you're doing it part-time
but in case you decide to expand it
scale it later on full-time then you
should be able to earn two lakh three
lakh out of these skills and if not this
you should be learning certain skills
that will help you later on in your
career and if the idea is to just do a
side hustle to earn 20 30,000 rupees
then I would definitely recommend you
not to do it rather focus on upskilling
yourself during this time because that
will give you much higher returns in
future so let's start with the five side
hustles that any student can do and we
will start with a side hustle that is
getting very popular these days and that
is around talent manager or influencer
manager as you know there are a lot of
creators coming up these days and all of
them are looking for certain managers
who can manage the brand communication
for them and definitely they are looking
for part-time managers because the work
does not involve full-time role so
that's why they looking for part-time
Talent managers part-time influencer
managers and students are preferred in
this particular role because they should
be able to understand social media
understand the recent trends that are
happening and at the same time be able
to communicate with the brand as well so
you can start emailing the creators that
you want to manage their profile
basically your work will be to manage
the brand communication negotiating with
the brands on behalf of the creator for
the collaborations also doing the due
diligence for the brands to make sure
that the brands are the right fit for
the Creator and the reason I call this
scalable is because a lot of individuals
started with this kind of a model only
they started with one creator that
Creator got big that individual started
getting big and launched a full-blown
agency which is doing revenues of crores
now and when you reach out to any
Creator make sure you clearly Define how
you can add value to that Creator so you
should have understanding of how the
brand deals happen the category of that
particular Creator and also basic
understanding of social media in general
and the reason the Creator might agree
to work with you is if they do not have
a manager already you do not charge them
any fixed fee rather you only charge
them Commission on the brand deals that
you bring to the Creator so basically
there's no fixed commitment that the
creator has to make they only pay you a
commission from what they earn so I can
also tell you that even a 5% Commission
on the brand deals can get you good
earning and we'll come back to social
media because it is so popular and
relatively easy as well but let me open
another side hustle for you that is
relatively difficult but the scale can
be absolutely huge and that is Etsy
before I move ahead this is my YouTube
Studio analytics and as you can see a
lot of my regular viewers do not
subscribe to the channel this is
something which is free for you but
definitely helps me a lot so in case you
are one of the regular viewers and
finding the information useful do
consider sub subscribing to the channel
so thank you for considering it and
let's move ahead so you would be selling
items on Etc but you would not be
selling any physical merchandise that
requires supply chain Transportation
anything of that sort people sell a lot
of items on Etsy and you would basically
be selling digital items so these
digital items are basically printables
that you sell to a foreign audience and
I know people who are earning million
dollars a month by selling these
printables and these can be very simple
things I know a lady who just sells
templates for scheduling Wednesday so
basically those are like templates for
planning your day and we're selling
those trees earning more than million
dollar a month and you can also make
certain things like activity books for
children coloring books for children
even comic books a digital version of
comic books that the consumer will get
it printed at their end and these things
with the Advent of AI making these kind
of activity books have also become
really easy and how this works is
suppose you have made a coloring book so
the consumer will buy the digital rights
from you and go to a wmart store and get
it printed so this is a model that works
really well in Us and other foreign
countries as well in India definitely
there's no audience for this currently
so that's why you have to sell it on ety
your major audience will primarily come
from us but remember it's very difficult
to earn money from the side hustle
because the scale is massive but you
start earning very late as well so you
can definitely do the side hustle more
to develop your skills your selling
skills and everything as well and you
can expect to get returns later on so if
you want to continue it for a longer
period of time definitely you can give
this a try the returns will be massive
obviously if people want to speed up
their process they can spend money on
promotions and everything but I would
recommend go slow do not waste money on
promotions just test the market and keep
doing it in case you have a longer time
Horizon and next let me tell you about a
side hustle which if it does not work in
the long term as well you will learn
valuable skills for your job as well and
that too for any job and that is
freelancing on Fiverr and the kind of
work that you'll be doing on Fiverr
would be around Excel PowerPoint and
word so basically a lot of forign
clients Outsource these kind of work to
cheaper markets and obviously because
you're sitting in India you have a price
advantage as well so a lot of modeling
work in Excel goes is outsourced and a
lot of visual presentation work on
PowerPoint is outsourced as well and a
lot of work around typing as well as
structuring documents is outsourced for
msword so you can grab these
opportunities I know for a fact I was
working in a consulting firm so we used
to Outsource for the translation
services that we required and they used
to charge crazy amount for just
translating a deck from one language to
the other so these are the kind of work
that you can definitely do a lot of
freelancing opportunities are there but
definitely pick up skills that will be
helpful for you in future Excel
PowerPoint word will be very very
helpful in any job that you take up
after this next we come back to social
media and the next side hustle is on
content strategist and it is very
different from an influencer manager
here basically you would be researching
on content for a particular Creator and
also crafting content for the Creator
but if you want to work with a Creator
only being able to research will not
help you have to know a lot of skills
these days because you have to know
copyrighting so that you can probably
help the Creator with LinkedIn as well
and in writing certain material writing
captions descriptions as well you have
to know SEO so that you know how to
write titles descriptions on a YouTube
video so that video can rank on the
basis of keywords and you can complement
this with social media management as
well as basically helping the creators
with their upload coordinating across
three different platform Instagram
YouTube and Linkedin coordinating with
video editors graphic designers and
making sure the deliverables are
uploaded at the right time in the right
channels so you can start with this and
once you get comfortable you can
automate this process and start working
with a a lot of creators doing the same
thing for different creators and that
can get you a lot of money and as I said
if you are thinking about starting an
agency and a full-blown influencer
marketing agency as well along with
talent management content strategy
social media strategy this is also
something that is definitely going to
help you so basically you can deliver a
complete package to any Creator any
influencer and you can do content
strategies for Brands and businesses as
well so you can make a full-blown agency
that caters to businesses Brands so this
can be a very scalable model obviously
you have to start developing the skills
now but but if you really want to work
with Brands and businesses they would
require digital marketing agencies that
can offer them full range of services so
one important service that these Brands
would require is around web designing
web development and website management
and that's the next side hustle around
web designing so web designing I can
tell you it takes a lot of time there's
a lot of competition these days so you
will not be able to earn a lot through
this particular freelancing work
definitely you can earn some amount from
this particular work but it will be more
about upskilling so that you can expand
it to other services mostly as a digital
marketing agencies when they offer
services around web development that
also has minimum fees but they want to
make sure that the other kind of
services they do not lose in the process
in case they do not provide web
development so make sure you learn this
particular skill obviously you can keep
the skill very low if you're doing it
parttime you can work for one or two
clients but that is more than enough so
I'll put some channels on the screen
from where you can learn these skills
definitely if you're creative you will
be able to pick it up so you can learn
these skills start freelancing for a few
clients see if you're enjoying the work
because I know it will take a lot of
time and there'll be a lot of two and
fro with the client as well so in case
you're enjoying it part-time and if you
want to continue it longterm as well or
not and you can figure it out for
yourself so these are the five side
hustles remember whenever I talk about s
side hustles I always talk about
upskilling especially if you're in your
early 20s or in your teens you should
definitely focus on upskilling because
you might earn a little bit less at this
point of time but the growth will be
exponential if you focus on upskilling
rather than the money
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