5 PROFITABLE Side Hustles Students Can Start in 2024 đ | Ishan Sharma
Summary
TLDRIn this video, Ishan Sharma shares five practical side hustles to earn extra money, ideal for college students, working professionals, or anyone seeking financial independence. He covers starting a handcrafted store, selling local products globally, becoming a user-generated content (UGC) creator, working as a videographer for events and podcasts, and editing short-form content like reels. The video includes actionable tips, tools, and platforms to get started, and highlights an e-commerce platform called Odoo to build your online store for free. Watch till the end for insights and resources to begin your side hustle journey.
Takeaways
- đ Start a side hustle to make extra money, whether you're a student or someone looking to increase your income.
- đĄ The first side hustle idea is to start a handicraft store, especially focusing on couples who want to gift each other creative items.
- đïž You can easily sell your handmade products through Instagram by creating engaging reels that showcase your crafts and taking orders via direct messages.
- đ Explore selling Indian products globally or in India's tier-one cities, where margins are higher. Utilize the ODOP website to identify unique products from different states.
- đ„ïž Use free tools like Odoo to create an e-commerce store quickly and easily, allowing you to sell your products online with minimal hassle.
- đŠ Become a User-Generated Content (UGC) creator, where you unbox and review products for brands, earning money per video.
- đ„ Consider videography as a side hustle by covering events, podcasts, and corporate meetups. You can rent equipment and start charging clients.
- âïž Start offering short-form content editing services to creators, using AI-powered tools to help speed up the editing process.
- đ» Use AI editing platforms like Descript to automate adding captions, making video edits faster and more efficient.
- đ± Reach out to content creators offering your editing services for reels and short-form content, charging a fee per edit and scaling up your earnings.
Q & A
What is the main focus of the video?
-The video focuses on five proven side hustles that people can start to earn extra income, ranging from Rs. 10,000 to Rs. 30,000 per month.
Who is the target audience of the video?
-The target audience includes college students, working professionals looking to earn extra money, and anyone interested in making additional income.
What is the first side hustle mentioned in the video?
-The first side hustle mentioned is starting a handmade craft store, where individuals create and sell handmade items like jewelry, origami, or art pieces.
Why is selling crafts to couples suggested as a profitable niche?
-Selling crafts to couples is suggested because couples often like to gift each other unique, handmade items, making it a popular and lucrative niche.
How can one start a handmade craft business using Instagram?
-To start a handmade craft business on Instagram, individuals can create reels showcasing their products, allow customers to place orders via DMs, and use services like Razorpay for payments and Delivery for shipping.
What is the second side hustle discussed in the video?
-The second side hustle is selling locally produced products globally or in Tier 1 Indian cities, where there is a high profit margin.
How can the governmentâs ODOP (One District One Product) platform help in identifying products to sell?
-The ODOP platform helps by showcasing products specific to each Indian state, which users can source, package, and sell in other regions or countries for higher profits.
What is UGC, and how can one make money by becoming a UGC creator?
-UGC (User Generated Content) involves creating content like unboxing videos or product reviews for brands. Brands pay creators for these videos as they are more authentic and effective than traditional ads.
What are the necessary skills and tools needed to become a videographer, as mentioned in the video?
-To become a videographer, one needs to learn the basics of camera operation, lighting, and editing. Equipment can be rented, and one can cover events, podcasts, or corporate meetups, earning between Rs. 3,000 to Rs. 20,000 per event.
What is the fifth side hustle suggested, and how can AI tools help in it?
-The fifth side hustle is short-form content editing. AI tools like Descript can automatically generate subtitles and assist in editing videos quickly, allowing individuals to make money by editing reels for content creators.
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