I Speedran the $0.01 Challenge

Summary

In this penny challenge speed run, the protagonist starts with just a penny and tries to make as much money as possible in one hour in New York City. He sells a pen, plays rock-paper-scissors, buys and resells water bottles, and eventually rents a bike to make food deliveries. Along the way, he faces funny challenges and engages with locals. His final hustle involves drawing quick caricatures in Times Square, earning him a total of $20.60. The challenge highlights creativity, persistence, and the unpredictable excitement of New York City.

Takeaways

• 💡 The penny challenge involves starting with just one penny and using creative money-making methods to survive and thrive.
• 🏃‍♂️ The goal of the challenge is to see how much money can be made in one hour in New York City, starting with one penny.
• 🖊️ The challenge begins with the narrator trying to buy a pen to sell it for a dollar.
• ✌️ The narrator plays Rock Paper Scissors with strangers to double his dollar, succeeding in making $2.
• 💧 He buys three water bottles with the $2 and plans to sell them for $2 each to make a profit.
• 🚴‍♂️ After selling the water bottles, the narrator rents a city bike to start delivering food and makes more money.
• 🎨 He eventually switches to drawing caricatures in Times Square, which has been one of his most successful methods in past challenges.
• 💵 The narrator uses a combination of quick thinking, humor, and hustle to maximize his earnings within the limited time frame.
• ⏰ The challenge is completed within one hour, earning him a total of $20.60.
• 🌭 With his earnings, the narrator celebrates by getting a classic New York hot dog, reflecting on the experience of hustle in the city.

Q & A

What is the 'Penny Challenge' described in the video?

The 'Penny Challenge' involves starting with just one penny and attempting to make as much money as possible within a limited time frame using various money-making methods like selling items or performing tasks.

What was the creator's initial plan in the penny challenge speed run?

The creator's initial plan was to sell a pen for one dollar, then play Rock Paper Scissors to double the money to two dollars. With two dollars, he planned to buy three water bottles to sell for more money.

What were the creator's methods for making money during the challenge?

The creator used several methods, including selling a pen, playing Rock Paper Scissors, selling water bottles, renting a bike for food delivery, and later drawing caricatures in Times Square.

How did the creator handle setbacks during the challenge?

The creator handled setbacks by remaining calm, adapting his strategy when necessary, and staying persistent despite previous failed attempts or running out of time.

What did the creator plan to do after selling water bottles?

After selling water bottles, the creator planned to rent a bike for $3.99 to do food deliveries, using the money earned to continue the challenge.

Why did the creator choose Times Square for caricature drawings?

The creator chose Times Square because it is a major tourist hub, offering a high potential for foot traffic and customers for his caricature drawings.

What challenge did the creator face when buying water bottles?

The creator encountered workplace drama at the discount store where he bought the water bottles, involving confusion over pricing and taxes.

How much money did the creator make from selling caricatures?

The creator earned four dollars from caricature drawings, charging based on donations and completing each drawing in under 60 seconds.

How did the creator make use of a sponsorship in the video?

The creator incorporated a sponsorship by PayPal Honey, explaining how he used it to save $40.06 on personal shopping before the challenge and encouraging viewers to download the tool to save money.

What was the total amount of money the creator made in one hour during the speed run?

The creator made a total of $20.60 in one hour, which was enough for a New York hot dog and other small purchases.