5 Side Hustles Students can Start in 2024
Summary
TLDRIn this video, recent IIT Hyderabad graduate Sano shares his journey from a financially struggling student to earning over 30 lakhs through various side hustles. He discusses five lucrative opportunities for students, including private tutoring, marketing and SEO, video editing, graphic design, and content creation, emphasizing the importance of time management and skill development.
Takeaways
- đŒ The speaker, Sano, emphasizes the importance of financial independence and shares his journey from a lower middle-class background to earning over 30 lakhs during college.
- đ« Sano suggests that college students should consider side hustles to earn money, acknowledging that these hustles require hard work and dedication.
- đ The first recommended side hustle is private tutoring, which Sano explains can be a lucrative opportunity for students with strong academic backgrounds.
- đĄ Marketing and SEO are highlighted as a growing field with a demand for skilled individuals, offering potential earnings of 20-25k per month after gaining expertise and building a portfolio.
- đŹ Video editing is presented as a valuable skill in high demand, especially with the booming creator economy, and Sano shares his experience and resources for learning this skill.
- đïž Graphic design, including thumbnail creation for social media platforms, is another suggested side hustle with potential for quick earnings and further specialization.
- đ Sano stresses the importance of time management and productivity tools like Aif Flow to balance academic responsibilities with side hustles effectively.
- đ Content creation is described as a complex but rewarding side hustle that involves multiple skills and can lead to significant income, though it requires consistent effort and passion.
- đ Building a portfolio or proof of work is crucial for gaining credibility and securing clients in any side hustle, as demonstrated through Sano's experiences in marketing, video editing, and graphic design.
- đĄ Sano encourages students to explore their interests and skills, and to be persistent in their efforts to build a successful side hustle, even if it means starting with smaller earnings or learning new skills.
Q & A
What was the speaker's financial situation like before college?
-The speaker came from a lower middle-class family where the father was a private tutor and was struggling to pay for the speaker's college education.
What were the two clear things the speaker realized at the end of the first semester of college?
-The speaker realized the need to make their own money and to do so quickly.
How much income did the speaker earn over the four years of college?
-The speaker earned more than 30 lakhs in income over the four years of college.
What is the first side hustle the speaker recommends for students?
-The first side hustle recommended is private tutoring, especially for students who are above average in academics.
What is the average monthly charge for tutoring one student according to the speaker?
-The speaker suggests that one can easily charge between 3,000 to 6,000 per month for tutoring one student.
What is the second side hustle mentioned in the script?
-The second side hustle is marketing and SEO, which involves helping companies and startups with content planning, strategy, and search engine optimization.
What does SEO stand for and why is it important for businesses?
-SEO stands for Search Engine Optimization. It is important for businesses to increase their visibility and ranking on search engine results, thereby attracting more potential customers.
What is the third side hustle the speaker discusses and why is it in demand?
-The third side hustle is video editing. It is in demand because of the booming creator economy where many want to produce content but lack the necessary video editing skills.
What is the fourth side hustle mentioned and how can it be a quick way to earn money?
-The fourth side hustle is graphic design, with a niche focus on thumbnail designs for YouTube and Instagram. It can be a quick way to earn money as there is a high demand for well-designed thumbnails in the creator economy.
What is the fifth and final side hustle the speaker talks about and why is it complex?
-The fifth side hustle is content creation, which is complex because it involves a combination of multiple skills such as market research, strategy, SEO, video editing, script writing, and camera presence.
What is the speaker's advice for those who are not passionate about content creation?
-The speaker advises that if someone is not passionate about content creation, they should not start it as it requires a lot of dedication. Instead, they can try the other four side hustles mentioned in the script.
What productivity tool is mentioned in the script and how does it help with task management?
-The productivity tool mentioned is Aifflow. It helps with task management by allowing easy integration with other tools, providing a universal inbox for tasks, a command bar for quick task addition, and features for reviewing and reflecting on task performance.
What is the special offer for students regarding the productivity tool Aifflow mentioned in the script?
-Students can get a 60% discount on Aifflow by using a code provided in the video.
Outlines
đŒ From Struggling Student to Successful Side Hustler
The speaker, Sano, a recent graduate from IIT Hyderabad, shares his journey from a financially constrained student to earning over 30 lakhs through various side hustles. He emphasizes the importance of creating one's own income and doing so quickly. Sano outlines five side hustles suitable for students with zero investment, stressing the value of hard work and providing services in demand. The first side hustle suggested is private tutoring, which can be a lucrative opportunity for students with strong academic backgrounds, allowing them to charge a monthly fee for their services.
đ Marketing, SEO, and the Power of Content Creation
Sano introduces the second side hustle: marketing and SEO, capitalizing on the booming creator economy. He explains the market gap for content creators and strategists, suggesting that students can learn these skills through free resources or paid courses. To establish credibility, he recommends creating one's own social media page to demonstrate expertise in growing online presence. This approach can lead to clients and higher earnings. The third side hustle mentioned is video editing, a skill in high demand due to the rise of content creation. Sano shares his experience and offers guidance through his channel 'sanos cut,' which provides tutorials on various aspects of video production.
đš Graphic Design and the Art of Thumbnail Creation
The fourth side hustle discussed is graphic design, with a niche focus on thumbnail designs for YouTube and Instagram. Sano points out the high demand and potential earnings in this area, advising beginners to learn the basics of Adobe Photoshop and study existing thumbnails to improve their skills. He also touches on the broader field of graphic design, which requires more time to master but can lead to freelancing opportunities. Sano highlights the importance of time management when juggling academic commitments and side hustles, recommending the use of productivity tools like Aifflow for task management.
â° Time Management and the Ultimate Side Hustle: Content Creation
Sano concludes with the fifth side hustle: content creation. He describes it as a complex skill set involving market research, strategy, SEO, video editing, scriptwriting, and more. While it requires significant dedication and time before seeing monetary returns, content creation can be highly rewarding. Sano warns that it's not for the faint-hearted and suggests trying it only if one is truly passionate. He also emphasizes the importance of time management, using tools like Aifflow to organize tasks and reflect on productivity. Sano offers a discount code for Aifflow to students and thanks the company for sponsoring the video.
Mindmap
Keywords
đĄFreedom
đĄLower middle class
đĄSide hustle
đĄPrivate tutoring
đĄMarketing and SEO
đĄVideo editing
đĄGraphic design
đĄContent creation
đĄProof of work
đĄTask management
đĄCreator economy
Highlights
The speaker emphasizes the importance of financial independence and the ability to pursue personal interests without restrictions.
The speaker's life changed significantly 5 years ago, transitioning from a student in a lower middle class family to a financially independent individual.
The need for self-sufficiency and fast income generation was a turning point for the speaker, leading to various entrepreneurial endeavors.
The speaker earned more than 30 lakhs over four years through diverse side hustles, including graphic design, NFT sales, and freelancing.
Introduction of the five best side hustles for students to start with zero investment, highlighting the value of hard work and skill in earning money.
Private tutoring as a side hustle, especially for students with above-average academic performance, as a way to earn a substantial income.
The potential earnings from private tutoring, with the speaker's personal experience and the ease of getting tutoring gigs.
Marketing and SEO as a lucrative side hustle, capitalizing on the booming creator economy and the market gap for content creators.
The importance of having proof of work in the form of a personal social media page with a significant following to gain credibility in marketing and SEO.
Video editing as a high-impact and accessible skill, with the speaker's personal experience and insights on the demand for video editors in the content creation industry.
The process of learning video editing and the need for proof of work, such as a personal portfolio showcasing one's editing skills.
Graphic design and thumbnail creation as niche side hustles with high earning potential, especially in the context of the booming creator economy.
The speaker's personal journey of self-teaching graphic design fundamentals and the time investment required to become proficient.
Content creation as a long-term side hustle requiring dedication and a variety of skills, including market research, SEO, and storytelling.
The challenges and rewards of content creation, including the potential for multiple skill development and the possibility of high earnings.
The importance of time management and productivity tools like Aif Flow for balancing college work, side hustles, and personal life.
Aif Flow's features, including task integration, calendar synchronization, and productivity tracking, as a solution for managing multiple responsibilities.
The speaker's recommendation for students to try content creation and, if not passionate, to consider the other side hustles mentioned earlier in the video.
Transcripts
the freedom to do the things that you
actually want in your life and do them
whenever you want to my life was not
like this 5 years back when I came to
college I was just like any other
student from a lower middle class family
my dad was a private tutor and he was
struggling to pay my college so at the
end of first semester two things were
very very clear one is that I needed to
make my own money and second I needed to
make money fast then I tried my hands
and anything and everything that I was
either interested in or that promised me
a little bit of money from graphic
design to selling nfts from making
videos on the internet to even
freelancing as an artist and as a result
over the four years of my life I earned
more than 30 lakhs in income which did
not just pay my college fees it also
fueled my lifestyle and so that I could
afford the things that I needed and also
the things that I wanted to go on
College trips to buy expensive gadgets
and literally everything that I ever
wanted to do in college hi my name is
Sano and I'm I am a recent graduate from
IIT Hyderabad and today in this video I
want to talk about five best side
hustles that any student can start in
their free time with zero investment now
disclaimer before I start nothing in
this video is going to be easy or quick
money you need to understand that making
money is a hard-earned skill and you can
only make money by providing value to
people who can pay for that service now
while most of the side hles on this list
is something that I have done myself
number one is some something I have
never done but I have seen multiple of
my friends do and earn like 10 to 15K
per month very very easily the very
first side has a onard list is private
tutoring if you're in college or in high
school and you are sort of like above
average in academics trust me it is very
very easy to get tutoring gigs in your
own area when I was in 11 12th people in
my area knew that I was okay I was good
at academics so I will often get parents
that will come to my house to request me
to teach them their children which I
obviously didn't but just goes to show
that how easy it is to get these
tutoring gigs and in today's day and age
if you're just teaching one kid you can
easily charge anything from 3,000 to
6,000 per month and then in no time
you'll have a batch of three four or
even five kids and that is easy 10 to
20K per month by investing like what 15
16 hours every single month that's a
game changer for anyone who wants to
start earning money as soon as possible
while they in college but you see this
one is a little more limited because
suppose if you're living in a hostel or
if you don't want to get out of your
room every day and go to some other
place and teach people you just want to
sit in your room with your laptop and
make money through that then number two
in your list is just for you which is
marketing and SEO I do not need to tell
you that the Creator economy is
absolutely absolutely booming in 2024
and it is going only up from now on and
that is why every company every founder
every startup all of them want to make
content and there is a huge Market Gap
because there are not enough content
creators or content planner content
strategists on the market because
Founders and startups they expertise in
building things they are not supposed to
know how to make good content that is
where you come in you do not make
content but you do can still plan
content about how to grow their
Instagram or how to grow their YouTube
channel or you can take care of the SEO
of their social media page because that
is a really important thing by the way
SEO means search engine optimization you
can look it up if you want what I mean
to say is these things are not very
inherent to Founders or companies or
Brands startups they generally do not
expertise in these things so they are
always looking forward to hiring someone
who have the expertise there are
multiple different free resources
available on the internet I will link a
few of them in the description below you
can go to them or you can just spend
like 500 to 1,000 on a good paid course
and that will do the job as well but
that is only half of the puzzle because
after spending one or two months
learning all of these things and gaining
some expertise why would anyone still
hire you nobody will hire you because
whenever you reach out to a client
saying I'm good at this this this this
this you have no proof of work so the
first thing you need is some kind of
proof of work without even getting a
client what you can do is you can make
your own social media page it can be a
theme page a fan page or your own social
media account about you or something
that you like and and grow that page
everything that you have learned over
the last 2 3 months on uh marketing and
social media analysis and SEO use all of
those things to grow your own page to
like 30k 50k or 100K followers and then
it will be so buttery smooth to get any
client that you want because everyone is
looking for someone who can take their
social media page their Instagram their
Facebook or whatever to 50K 30k or even
better 100 and whenever you're reaching
out to clients the bigger your own Pages
the more your credibility and the more
money you can charge so if this sounds
interesting to you you need to start
working today because if you start today
maybe in 2 to 3 months you can start
earning 20 to 25k per month at the
minimum and the more you work in this
field you will keep charging more and
more now coming in at number three is
something I have been doing for the last
7 years almost and that is video editing
as I already told you in the last point
that the Creator economy is booming and
everyone wants to make content now some
startup or some brand wants to make
content there is a guy who is planning
the content there's a guy who's shooting
the content and there is the SEO guy
who's going to upload the content with
the right tags and the description and
whatever but there is still a Gap a huge
gap over here which is filled by the
video editor video editing is probably
the most impactful and the most
accessible skill in today's day and age
and that is why you will see almost
everyone wants to learn video editing
and that is where you come in now from
the outside video editing might sound a
very complicated thing but if you just
work up the courage and install Premier
Pro or thein resolve and get started
into learning it you can literally get
to a very good average intermediate
level in like less than 2 months and
after that again you won't still get
clients you still need some kind of
proof of work just because you know
Adobe After Effects really well it is
not going to work nobody is going to
hire you you need some proof of work and
if you're still confused about how to
start with all of these things I have
this channel called sanos cut where I
talk about lighting cinematography video
editing sound design color gring
storytelling story structure and video
editing in general and I teach all of
those things from absolute Basics so
there are a huge amount of valuable
videos coming on this particular Channel
because I wanted to build a channel that
I wish I had when I first started video
editing on content Creation in general
and that is exactly why you should go
ahead and subscribe to sanos cut right
now now number four on our list is
something a little bit different it is
graphic design or maybe if you want to
go a little more Niche and start to make
money a little bit quickly it can be
thumbnail designs for YouTube and
Instagram see as I said the greater
economy is really really booming it is
our time to leverage that fill all the
gaps that are in that part and we can
start earning money we can start getting
paid for filling those gaps one of those
gaps that is sort of little bit
unorthodox is is thumbnail making trust
me when I say this I know people who
make YouTube thumbnails and charge like
5,000 6,000 or even more for one
thumbnail now obviously they deserve
that because they do a brilliant job
they do a brilliant amount of research
editing and all of those things while
making those thumbnails I'm not telling
you that you will be able to charge
5,000 per thumbnail in 2 to 3 months but
if you download Adobe Photoshop or some
alternative right now and start to learn
and also study a lot of good and bad
thumbnails on YouTube you can start
earning at least 500 to 600 per
thumbnail maybe 2 months down the line
and that's a really good deal if you can
work for like two three different
creators that will easily make you
something around 6,000 to 10,000 to
start off with in less than 2 months but
if thumbnail design is not your jam and
you want to go back to graphic design it
is a little broader in terms of vastness
and it will take a little more time if
you go into graphic design by the so you
guys will not probably know this but I
selft taught myself the fundamentals of
graphic design when I was back in
college and it took me around 6 to 8
months for the absolute fundamentals
nothing advanc for the absolute
fundamentals so you can also learn that
in 6 to 8 months you can get to a level
where you can start freelancing now even
after you learn all the fundamentals you
still wouldn't get hired as like any
other field you need some proof of work
so in generally design field people work
a few gigs the first 3 four gigs for
free or for a very low price so that
they can populate their portfolio with
really cool looking projects and that
portfolio can get them a high playing
client High playing high paying client
in the near future but graphic design is
not the only kind of design you should
be learning you should also learn to
design your time because side hustle AB
to
motivated but when life hits when you
finally go back to college with your
College schedule the assignments the
tests the attendance classes
and managing a side hustles become very
very tough I have done it in college and
I know that it takes pristine time
management skills and a very good idea
of how to manage all the tasks that you
have in your hand it can be your
assignments can be your classes can be
your ppts and all of those things and
after that comes your side hustle your
client calls your portfolio you're
building things you if you are also
building your social media the things
that you post the things that you edit
what is the time when you learn and
watch tutorials what is the time that
you practice all of those things have to
be managed all these tasks need to be
managed really really well you know I'm
a sucker for productivity and I was
looking through my productivity YouTube
feed where I saw a few people talking
about this new task management
application called a the absolute first
thing you need to keep in mind when you
are managing multiple things in your
life is to time block them do not mix
and match your college work with your
SLE work instead give your undivided
attention to both of them so that they
can get completed faster and most of us
are already using some of the other
productivity tool or some calendar and
aif flow fits in seamlessly because of
its easy integration with tools like
Gmail slack notion ASA and much much
more I personally have connected it with
my Google Calendar and my notion and it
is very easy to add new tasks into aif
flow you can add them directly into the
universal inbox and later drag them onto
the calendar you can add them directly
to the calendar or you can use the super
powerful command bar to add new task the
command bar is bound to a keyboard
shortcut and it makes reaching things
around aif flow really really simple but
for someone like me who has to manage
different things like their own
lifestyle job and content I have created
different tags for live content and the
job and I can also create projects right
over here so that whatever task I get I
can also connect them to a particular
project so that at any point of time I
can just add a filter to my Universal
inbox and see exactly which tasks of a
particular project are remaining how
much of it is done and which are the
ones that are snoozed and with this new
feature called the morning ritual I can
also look back on yesterday on how I
have taken care of my task why did I
fail why did I do good but if I want a
bigger picture for the reflection I can
get statistics for how am I using Aki
flow what tasks am I doing and how much
time am I spending in different parts of
my life now I understand it might be a
little overwhelming to start off with
but that is exactly why you can book a
one-on-one exclusive onboarding call
with the official support team of akif
flow and if you are a student you can
get a 60% discount on akif Flow by using
the code that is shown over on the
screen thanks a lot for akif flow for
making this video possible now number
five on our list is something that I
love the most and that I have been doing
for the last 5 years and it is still the
largest source of income even after I
got a full-time SD job it is nothing
other than content creation that is the
thing about making videos on the
internet now you might be asking
list last because this is not an easy
side hustle congregation is not
something that will start making you
money in the 2 to 3 months range you
probably will have to be posting content
consistently for 6 8 months or even a
year or more before you start earning
money and the other complexity about
conation is that it is not one
particular skill this skill involves
things like market research Market
strategy SEO video editing script
writing and all of the things are
involved even your camera presence the
contration is basically an amalgamation
of 10 15 or 20 different skills and that
is why initially I was
thinking but then I also thought this is
probably the best way to grow because if
you can actually hone this particular
side hustle you will be having 15
different skills which you are really
good at to sell to the world later on
though even if you grow your interest in
one particular Department in content
creation you can just hone into that
that and again sell that particular
skill fill Gap in some other company and
get hired as simple as that but as I
said unless you are very passionate
about content creation do not even start
because it takes a hell lot of
dedication or you know what you can just
give it a try and if you're not
passionate enough you will just quit
within the first two or 3 weeks and
after that you can come back to this
video and try the other four things I
have mentioned before this and if you
are currently in college and you want to
get ahead of 99% students in your
college here is a video describing
exactly how to do that cheers
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