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

Ananta Chhajer
19 Aug 202408:00

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

00:00

🚀 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.

05:00

🌐 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

Side hustles refer to part-time or flexible jobs that individuals take on alongside their primary employment to earn additional income. In the context of the video, side hustles are presented as opportunities for students to earn money while also potentially learning valuable skills that can be scaled up for higher earnings in the future. Examples from the script include becoming a talent manager or influencer manager, selling digital items on Etsy, and freelancing on platforms like Fiverr.

💡Scalable

The term 'scalable' in this video denotes the potential for growth and expansion of a side hustle. It suggests that what starts as a small part-time endeavor can be developed into a larger, full-time business. The script mentions that side hustles can start by earning a modest income but have the potential to scale up to earning 'two lakh three lakh' if pursued full-time.

💡Talent Manager

A talent manager is a professional who oversees the professional development and brand communication of artists, performers, or other creators. In the video, the role of a talent manager is presented as a side hustle opportunity for students, emphasizing the importance of understanding social media trends and being able to negotiate brand collaborations on behalf of the creator.

💡Influencer Manager

An influencer manager is similar to a talent manager but specifically works with social media influencers. The script suggests that students are preferred for this role due to their familiarity with social media and trends, and their ability to communicate with brands for potential collaborations.

💡Etsy

Etsy is an e-commerce platform known for handmade, vintage items, and craft supplies. The video discusses using Etsy as a platform to sell digital items, such as printables, to a foreign audience, which can be a scalable side hustle for students with creative skills.

💡Digital Items

Digital items in the context of the video refer to non-physical products that can be sold online, such as printable templates, digital activity books, or coloring pages. These items can be created once and sold multiple times without the need for physical inventory or shipping.

💡Freelancing

Freelancing is the act of offering services on a self-employed basis, often on platforms like Fiverr. The video mentions freelancing as a side hustle where students can offer services in Excel, PowerPoint, and Word, gaining skills that are valuable for future employment.

💡Content Strategist

A content strategist is responsible for planning, creating, and managing content for various platforms. In the video, this role is presented as a side hustle where students can help creators with research, crafting content, and SEO, which can be scaled into a full-service digital marketing agency.

💡Web Designing

Web designing involves creating the visual elements and layout of a website. The script suggests that while web designing can be a side hustle, it is more about upskilling for future opportunities in digital marketing agencies, where web development services are often bundled with other digital marketing offerings.

💡Upskilling

Upskilling refers to the process of learning new skills or improving existing ones to enhance employability or business potential. The video emphasizes the importance of upskilling over immediate earnings, suggesting that the skills acquired through side hustles can lead to exponential growth in the future.

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

play00:00

five side hustles that you can do as a

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student and remember all of these side

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hustles will be scalable which means you

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can start with these side hustles earn

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20 30,000 if you're doing it part-time

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but in case you decide to expand it

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scale it later on full-time then you

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should be able to earn two lakh three

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lakh out of these skills and if not this

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you should be learning certain skills

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that will help you later on in your

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career and if the idea is to just do a

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side hustle to earn 20 30,000 rupees

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then I would definitely recommend you

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not to do it rather focus on upskilling

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yourself during this time because that

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will give you much higher returns in

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future so let's start with the five side

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hustles that any student can do and we

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will start with a side hustle that is

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getting very popular these days and that

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is around talent manager or influencer

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manager as you know there are a lot of

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creators coming up these days and all of

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them are looking for certain managers

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who can manage the brand communication

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for them and definitely they are looking

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for part-time managers because the work

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does not involve full-time role so

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that's why they looking for part-time

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Talent managers part-time influencer

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managers and students are preferred in

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this particular role because they should

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be able to understand social media

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understand the recent trends that are

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happening and at the same time be able

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to communicate with the brand as well so

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you can start emailing the creators that

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you want to manage their profile

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basically your work will be to manage

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the brand communication negotiating with

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the brands on behalf of the creator for

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the collaborations also doing the due

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diligence for the brands to make sure

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that the brands are the right fit for

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the Creator and the reason I call this

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scalable is because a lot of individuals

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started with this kind of a model only

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they started with one creator that

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Creator got big that individual started

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getting big and launched a full-blown

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agency which is doing revenues of crores

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now and when you reach out to any

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Creator make sure you clearly Define how

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you can add value to that Creator so you

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should have understanding of how the

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brand deals happen the category of that

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particular Creator and also basic

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understanding of social media in general

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and the reason the Creator might agree

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to work with you is if they do not have

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a manager already you do not charge them

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any fixed fee rather you only charge

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them Commission on the brand deals that

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you bring to the Creator so basically

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there's no fixed commitment that the

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creator has to make they only pay you a

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commission from what they earn so I can

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also tell you that even a 5% Commission

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on the brand deals can get you good

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earning and we'll come back to social

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media because it is so popular and

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relatively easy as well but let me open

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another side hustle for you that is

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relatively difficult but the scale can

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be absolutely huge and that is Etsy

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before I move ahead this is my YouTube

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Studio analytics and as you can see a

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lot of my regular viewers do not

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subscribe to the channel this is

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something which is free for you but

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definitely helps me a lot so in case you

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are one of the regular viewers and

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finding the information useful do

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consider sub subscribing to the channel

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so thank you for considering it and

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let's move ahead so you would be selling

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items on Etc but you would not be

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selling any physical merchandise that

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requires supply chain Transportation

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anything of that sort people sell a lot

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of items on Etsy and you would basically

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be selling digital items so these

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digital items are basically printables

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that you sell to a foreign audience and

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I know people who are earning million

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dollars a month by selling these

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printables and these can be very simple

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things I know a lady who just sells

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templates for scheduling Wednesday so

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basically those are like templates for

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planning your day and we're selling

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those trees earning more than million

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dollar a month and you can also make

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certain things like activity books for

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children coloring books for children

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even comic books a digital version of

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comic books that the consumer will get

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it printed at their end and these things

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with the Advent of AI making these kind

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of activity books have also become

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really easy and how this works is

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suppose you have made a coloring book so

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the consumer will buy the digital rights

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from you and go to a wmart store and get

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it printed so this is a model that works

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really well in Us and other foreign

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countries as well in India definitely

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there's no audience for this currently

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so that's why you have to sell it on ety

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your major audience will primarily come

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from us but remember it's very difficult

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to earn money from the side hustle

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because the scale is massive but you

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start earning very late as well so you

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can definitely do the side hustle more

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to develop your skills your selling

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skills and everything as well and you

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can expect to get returns later on so if

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you want to continue it for a longer

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period of time definitely you can give

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this a try the returns will be massive

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obviously if people want to speed up

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their process they can spend money on

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promotions and everything but I would

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recommend go slow do not waste money on

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promotions just test the market and keep

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doing it in case you have a longer time

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Horizon and next let me tell you about a

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side hustle which if it does not work in

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the long term as well you will learn

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valuable skills for your job as well and

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that too for any job and that is

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freelancing on Fiverr and the kind of

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work that you'll be doing on Fiverr

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would be around Excel PowerPoint and

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word so basically a lot of forign

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clients Outsource these kind of work to

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cheaper markets and obviously because

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you're sitting in India you have a price

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advantage as well so a lot of modeling

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work in Excel goes is outsourced and a

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lot of visual presentation work on

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PowerPoint is outsourced as well and a

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lot of work around typing as well as

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structuring documents is outsourced for

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msword so you can grab these

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opportunities I know for a fact I was

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working in a consulting firm so we used

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to Outsource for the translation

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services that we required and they used

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to charge crazy amount for just

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translating a deck from one language to

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the other so these are the kind of work

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that you can definitely do a lot of

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freelancing opportunities are there but

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definitely pick up skills that will be

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helpful for you in future Excel

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PowerPoint word will be very very

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helpful in any job that you take up

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after this next we come back to social

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media and the next side hustle is on

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content strategist and it is very

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different from an influencer manager

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here basically you would be researching

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on content for a particular Creator and

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also crafting content for the Creator

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but if you want to work with a Creator

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only being able to research will not

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help you have to know a lot of skills

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these days because you have to know

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copyrighting so that you can probably

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help the Creator with LinkedIn as well

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and in writing certain material writing

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captions descriptions as well you have

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to know SEO so that you know how to

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write titles descriptions on a YouTube

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video so that video can rank on the

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basis of keywords and you can complement

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this with social media management as

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well as basically helping the creators

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with their upload coordinating across

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three different platform Instagram

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YouTube and Linkedin coordinating with

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video editors graphic designers and

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making sure the deliverables are

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uploaded at the right time in the right

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channels so you can start with this and

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once you get comfortable you can

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automate this process and start working

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with a a lot of creators doing the same

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thing for different creators and that

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can get you a lot of money and as I said

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if you are thinking about starting an

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agency and a full-blown influencer

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marketing agency as well along with

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talent management content strategy

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social media strategy this is also

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something that is definitely going to

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help you so basically you can deliver a

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complete package to any Creator any

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influencer and you can do content

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strategies for Brands and businesses as

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well so you can make a full-blown agency

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that caters to businesses Brands so this

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can be a very scalable model obviously

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you have to start developing the skills

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now but but if you really want to work

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with Brands and businesses they would

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require digital marketing agencies that

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can offer them full range of services so

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one important service that these Brands

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would require is around web designing

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web development and website management

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and that's the next side hustle around

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web designing so web designing I can

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tell you it takes a lot of time there's

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a lot of competition these days so you

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will not be able to earn a lot through

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this particular freelancing work

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definitely you can earn some amount from

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this particular work but it will be more

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about upskilling so that you can expand

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it to other services mostly as a digital

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marketing agencies when they offer

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services around web development that

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also has minimum fees but they want to

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make sure that the other kind of

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services they do not lose in the process

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in case they do not provide web

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development so make sure you learn this

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particular skill obviously you can keep

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the skill very low if you're doing it

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parttime you can work for one or two

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clients but that is more than enough so

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I'll put some channels on the screen

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from where you can learn these skills

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definitely if you're creative you will

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be able to pick it up so you can learn

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these skills start freelancing for a few

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clients see if you're enjoying the work

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because I know it will take a lot of

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time and there'll be a lot of two and

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fro with the client as well so in case

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you're enjoying it part-time and if you

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want to continue it longterm as well or

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not and you can figure it out for

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yourself so these are the five side

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hustles remember whenever I talk about s

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side hustles I always talk about

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upskilling especially if you're in your

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early 20s or in your teens you should

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definitely focus on upskilling because

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you might earn a little bit less at this

play07:54

point of time but the growth will be

play07:56

exponential if you focus on upskilling

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rather than the money

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Etiquetas Relacionadas
Side HustlesStudent OpportunitiesSkill DevelopmentInfluencer ManagementDigital MarketingFreelancingContent StrategyWeb DesignEtsy SellingUpskilling
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