5 side hustles to upskill and earn money as a student! 💰

Summary

This 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.