7 Incomes Anyone Can Start In 2024

Greg Gottfried
11 Aug 202408:35

Summary

TLDRIn this informative video, the host shares seven viable income streams that anyone can start. These include selling items on Facebook Marketplace, utilizing cashback rewards sites like Rakuten, participating in referral programs, engaging in print-on-demand businesses, delivering food with services like Uber Eats or DoorDash, investing in high-yield online savings accounts, and creating YouTube content about making money. The video offers practical advice and personal experiences to inspire viewers to explore these side hustles.

Takeaways

  • 😀 Selling items on Facebook Marketplace is an easy way to generate income.
  • 🛍️ Flipping items involves buying low and selling high on Facebook Marketplace for profit.
  • 🆓 Utilizing the 'Free Stuff' section on Facebook Marketplace can lead to acquiring items at no cost to resell.
  • 🏋️‍♂️ Refurbishing and reselling workout weights can be a profitable niche on Facebook Marketplace.
  • 🪑 Furniture refurbishing and resale is another lucrative category on Facebook Marketplace.
  • 💰 Cashback rewards sites like Rakuten offer a passive income stream through online purchases.
  • 🔗 Companies' referral programs can provide additional income by referring others to platforms like Rakuten.
  • 👕 Print-on-demand businesses allow for creating and selling T-shirt designs without handling production or shipping.
  • 🍔 Food delivery services like Uber Eats or DoorDash offer flexible income opportunities, even without a car.
  • 💲 High-yield online savings accounts can generate significant interest on savings, with rates much higher than traditional banks.
  • 🎥 Creating YouTube videos about making money can turn into an income stream by sharing personal experiences and advice.

Q & A

  • What are the three ways to sell items on Facebook Marketplace mentioned in the video?

    -The three ways are: 1) Selling things you already own, 2) Flipping items by buying low and selling after improving their condition, and 3) Picking up free items listed under 'Free Stuff' and reselling them for a profit.

  • Why are workout weights and furniture highlighted as good categories for resale on Facebook Marketplace?

    -Workout weights and furniture are highlighted because people often look to get rid of them for free, and with a little refurbishing, they can be sold for a higher price.

  • What is Rakuten and how does it work for earning cashback?

    -Rakuten is a cashback rewards site that partners with thousands of websites. Users install a plugin on their browser, and when they shop through Rakuten's links, they earn a percentage of cashback from their purchases.

  • How does the referral program on Rakuten work, and what are the benefits?

    -The referral program on Rakuten allows users to earn money by referring others to use the platform. When someone signs up using your unique referral link and starts earning cashback, Rakuten gives both the referrer and the referred person a certain amount, typically $30.

  • What is print-on-demand, and how can someone start a print-on-demand business?

    -Print-on-demand is a business model where you create designs that are printed on demand by a service provider. To start, one needs to design T-shirt designs, upload them to print-on-demand websites, and earn a profit from each sale without handling production or shipping.

  • What are the requirements to become a food delivery driver with Uber Eats or DoorDash?

    -The requirements include being at least 18 years old and having a mode of transportation, which can be a car, scooter, bicycle, or even on foot. There's no need for a car specifically, and you can work on your own schedule.

  • How does high yield online savings work, and what are some examples of banks offering this service?

    -High yield online savings accounts are interest-bearing accounts offered by banks that pay higher interest rates than traditional savings accounts. Examples include Capital One 360 Performance Savings, Betterment, and Wealthfront, offering interest rates between 4% and 6%.

  • What is the potential income stream related to making videos, as mentioned in the video?

    -The video suggests that documenting and sharing one's journey with side hustles on platforms like YouTube can become an income stream. This is because there is an audience interested in learning about legitimate ways to make money.

  • What are some tips for choosing items to resell on Facebook Marketplace for profit?

    -The video suggests focusing on items like workout weights and furniture, which are often given away for free but can be refurbished and sold at a higher price.

  • How can one ensure they are not charged extra when using Rakuten for cashback?

    -The video clarifies that using Rakuten does not charge extra. The cashback comes from the commission Rakuten receives from partnered companies, which they share with the user.

Outlines

00:00

🛍️ Making Money on Facebook Marketplace

The video introduces seven income streams that the speaker has personally experienced. The first method discussed is selling items on Facebook Marketplace. This can be done in three ways: selling personal items, flipping items by purchasing them at a low price and reselling them after improving their appearance, or acquiring free items listed under 'Free Stuff' and reselling them for a profit. The video suggests that workout weights and furniture are particularly good categories for this approach.

05:02

💰 Cashback Rewards and Referral Programs

The video continues with the second income stream, which involves using cashback rewards sites like Rakuten, formerly known as Ebates. Users can earn cashback on online purchases by installing a browser plugin and shopping through the site's partnered retailers. The third income stream is joining referral programs offered by various companies. The speaker uses Rakuten's referral program as an example, explaining that for each person referred who signs up and earns cashback, Rakuten rewards both the referrer and the referred person with $30.

👕 Print-on-Demand Business

The fourth income stream highlighted is print-on-demand, which allows individuals to create and upload T-shirt designs to print-on-demand websites. When a customer purchases a shirt with the uploaded design, the website handles printing, shipping, and customer service, while the designer earns a profit from each sale. The video emphasizes that this business model is beginner-friendly and can be started for free with just a smartphone or computer and internet access.

🍔 Food Delivery Services

The fifth income stream is delivering food through platforms like Uber Eats or DoorDash. The video explains that one does not need a car to participate, as delivery can be done by scooter, bicycle, or on foot. The speaker mentions that drivers can earn money after each delivery and can work on their own schedule, making it a flexible side hustle. Although the speaker has not personally tried this method, they vouch for its legitimacy based on numerous YouTube videos showing successful earnings.

🏦 High Yield Online Savings Accounts

The sixth income stream discussed is utilizing high yield online savings accounts, which offer interest rates between 4% and 6%. Examples given include Capital One's 360 Performance Savings and Betterment, which both offer 4.25% and 5% interest rates, respectively. The video clarifies that these accounts are not investments and do not fluctuate like the stock market. They function similarly to traditional savings accounts but offer higher interest rates.

🎥 Creating YouTube Videos on Earning Money

The final income stream presented is creating YouTube videos about how to make money. The speaker suggests documenting one's journey with side hustles and sharing the experiences and knowledge on YouTube. This can help others looking for legitimate ways to earn money and can become an additional income source for the content creator. The video concludes with a reminder to check the description for links to tutorials and proofs for the discussed income streams and an invitation for viewers to ask questions in the comments.

Mindmap

Keywords

💡Income Streams

Income streams refer to the various sources through which an individual or business earns money. In the context of the video, the speaker discusses multiple ways individuals can generate additional income outside of their primary jobs. Examples from the script include selling items on Facebook Marketplace, using cashback rewards sites like Rakuten, and joining referral programs.

💡Facebook Marketplace

Facebook Marketplace is a feature on Facebook that allows users to buy and sell items within their communities. The video mentions it as a platform to sell items you no longer need or to flip items bought at a low price for a profit. It's presented as an accessible way to generate income without significant initial investment.

💡Flipping Items

Flipping items involves purchasing goods at a lower price and then selling them for a higher price after improving their appearance or functionality. The video script describes this as a method to make a profit on Facebook Marketplace by buying items cheaply, cleaning them up, and reselling them at a higher price.

💡Cashback Rewards Site

A cashback rewards site is an online platform that offers users a percentage of their money back when they make purchases through the site's partnered retailers. The video uses Rakuten (formerly Ebates) as an example, explaining how users can earn cashback on their online purchases, effectively reducing the cost of goods and services.

💡Referral Programs

Referral programs are marketing strategies where existing customers are incentivized to recruit new customers. In the video, the speaker mentions that companies like Rakuten offer referral programs where users can earn money by referring others to use the platform, thus generating income through network marketing.

💡Print-on-Demand

Print-on-demand is a business model where products are only produced when a customer orders them, reducing the need for inventory and upfront costs. The video describes it as a way to earn income by designing T-shirts and uploading them to print-on-demand websites, which handle the production and shipping, while the designer earns a profit from each sale.

💡Uber Eats

Uber Eats is a food delivery service that allows individuals to earn money by delivering food from restaurants to customers. The video suggests it as a side hustle option, noting that one can deliver food by car, scooter, bicycle, or on foot, providing flexibility and the potential for immediate payment after each delivery.

💡High Yield Online Savings

High yield online savings refers to savings accounts that offer higher interest rates than traditional savings accounts. The video explains how these accounts can be a way to earn passive income on savings, with examples including Capital One 360 Performance Savings, Betterment, and Wealthfront, which offer interest rates of around 4% to 5%.

💡Side Hustles

Side hustles are additional jobs or ventures that individuals take on outside of their primary employment to earn extra income. The video's main theme revolves around various side hustles one can start, such as selling on Facebook Marketplace, using cashback sites, and delivering food with services like Uber Eats.

💡YouTube

YouTube is a video-sharing platform where users can upload, share, and view videos. In the context of the video, the speaker suggests using YouTube as a platform to document and share one's side hustle journey, potentially creating an additional income stream through ad revenue and sponsorships.

Highlights

Seven income streams that anyone can start, personally vouched by the speaker.

Selling unused items on Facebook Marketplace for extra cash.

Flipping items on Facebook Marketplace by buying low and selling high.

Picking up free items on Facebook Marketplace and reselling for profit.

Workout weights and furniture are good categories for flipping on Facebook Marketplace.

Using cashback rewards sites like Rakuten for earning money on online purchases.

Rakuten (formerly Ebates) offers cash back through a browser plugin.

Referral programs like Rakuten's can earn you money for referring others.

The speaker has earned over $8,000 through Rakuten's referral program.

Print-on-demand is a beginner-friendly online business for T-shirt design sales.

Print-on-demand websites handle printing, shipping, and customer service for a profit split.

Delivering food with Uber Eats or DoorDash is an option even without a car.

Drivers can get paid after each delivery and choose their own schedule.

High yield online savings accounts offer higher interest rates than traditional savings.

Examples of high yield savings include Capital One 360, Betterment, and Wealthfront.

Making videos about how to make money can be a seventh income stream.

Documenting and sharing one's side hustle journey on YouTube can be valuable to others.

Transcripts

play00:00

In today's video, I'm going to be sharing

play00:01

seven income streams that anyone can start.

play00:03

Now, this is not going to be a generic list off of Google.

play00:06

These are ways that I've personally done myself

play00:08

and I can actually vouch for it.

play00:09

So with that being said,

play00:10

let's get straight into the first one.

play00:12

The first one is selling things on Facebook Marketplace.

play00:15

Now, there's three ways to do this.

play00:16

The third way is ultimately going to be the best way.

play00:18

But needless to say, the first way

play00:20

is selling things that you already own.

play00:22

So if you look around your house

play00:23

and you see things that you don't necessarily use anymore,

play00:25

list them on Facebook Marketplace,

play00:27

and whatever you sell them for

play00:28

is just going to be cash in your pocket.

play00:29

The second way to do this

play00:30

is to flip items on Facebook Marketplace.

play00:32

So as you are looking through Facebook Marketplace,

play00:34

you can negotiate with the seller,

play00:36

and if you can buy things for low,

play00:37

you can spend a little bit of time cleaning them

play00:39

and making them look better, and then list them for higher.

play00:41

All of the money that you make

play00:43

between what you spent to buy it

play00:44

and what you actually sell it at

play00:45

is going to be profit in your pocket.

play00:47

Now the third way to do this,

play00:48

I'll actually show you on my computer here.

play00:50

So if you go over to Facebook Marketplace

play00:51

and you go over to the left side and you scroll down here,

play00:54

there is actually a section called Free Stuff.

play00:56

If you click on this,

play00:57

there is actually an entire section here of all things

play00:59

that people are trying to get rid of.

play01:01

They're literally giving them away for free.

play01:02

So if you can pick up a couch,

play01:04

you can get that item for free.

play01:05

You can re-list that for several hundred dollars.

play01:07

But this is a perfect opportunity for you

play01:09

to go collect things for free,

play01:11

list them for whatever price you see fit,

play01:13

and then all of that money that you make

play01:15

is all yours to keep.

play01:16

Now, just a helpful tip here,

play01:17

two categories that work really well for this

play01:19

are, one, workout weights.

play01:21

It's something that you really wouldn't think about,

play01:22

but people are trying to get rid of.

play01:23

And the second is furniture.

play01:25

If you spend a little bit of time

play01:26

just refurbishing that furniture to look newer and cleaner,

play01:29

you can always sell that for more than you bought it.

play01:31

Okay, so just like that, let's move on to the second income

play01:33

that anybody can start,

play01:34

and this is using a cashback rewards site.

play01:37

Now, this is something that not many people talk about,

play01:39

but I can definitely vouch for this one.

play01:41

To show you an example of this,

play01:42

this is the largest one out there.

play01:43

It's called Rakuten.

play01:45

If you have heard of Ebates before,

play01:46

that's what this used to be called,

play01:48

but Rakuten purchased Ebates,

play01:49

so now it's all under the name Rakuten.

play01:51

But all this is is you install a plugin

play01:53

on your internet browser and then they are partnered

play01:56

with thousands of different websites.

play01:57

So as you go buy things online,

play02:00

you are going to get cash back from them.

play02:02

Essentially how this works

play02:03

is they are partnered with these companies.

play02:05

So whatever business they bring to these companies,

play02:07

those companies pay Rakuten a commission.

play02:09

Rakuten shares that commission with you as cashback.

play02:12

So it is literally as simple

play02:13

as signing up on Rakuten for free

play02:15

and then you install the plugin on your computer.

play02:17

And then as you go to any of these websites,

play02:19

let me just show you an example, we go to temu.com,

play02:22

you are going to get this little popup up here that says,

play02:24

"Hey, you are going to get 14% cash back

play02:26

on anything that you buy from this website."

play02:28

All you have to do is click here to activate.

play02:30

It is going to refresh your page,

play02:32

and now you're going to get 14% cash back

play02:34

on anything that you buy.

play02:35

Now, something super important to clarify here

play02:37

is you're not being charged anything extra

play02:39

from these websites.

play02:40

The websites are taking a split of their profit

play02:42

and paying it to Rakuten, Rakuten sharing that with you.

play02:45

All right, so this is where this video

play02:46

starts to get really cool.

play02:47

The third income stream that anyone can start

play02:49

is joining companies' referral programs.

play02:52

Now, what a lot of people don't know

play02:53

is that most companies out there have referral programs

play02:55

that anyone can join totally for free.

play02:57

To show you a perfect example of this, if you go to Rakuten,

play03:01

you go over here and you go to Refer & Earn,

play03:03

you can literally make money

play03:04

by referring people to Rakuten as well.

play03:06

So if you click on that little tab right here,

play03:08

you scroll down a little bit,

play03:09

this is going to be your unique referral link.

play03:11

So you can copy this and paste it anywhere.

play03:13

So you can text it to family or friends.

play03:15

You can post it on social media.

play03:16

And anyone who uses your link to sign up

play03:18

and start getting cash back when they are shopping online,

play03:20

Rakuten's going to give you $30 for referring them.

play03:23

Now, I do believe that they also give $30

play03:25

to the friend that you referred as well.

play03:27

So you both end up getting $30.

play03:28

Now, that's just one example of a referral program.

play03:31

There are thousands of different companies out there

play03:33

that all have these same referral programs for free.

play03:35

And just to give this a little bit of credibility

play03:37

because it sounds like something

play03:38

that very few people are talking about,

play03:39

I started sharing my link to Rakuten

play03:41

when it used to be called Ebates a few years ago,

play03:44

and I've made over $8,000 in people just signing up

play03:46

as a referral and getting cash back when shopping.

play03:49

I just wanna say just because people aren't talking

play03:51

about different ways to make money

play03:52

or different side hustles,

play03:53

it doesn't mean that they don't work.

play03:55

Generally speaking, the ones that work really well,

play03:57

very few people are sharing.

play03:59

So guys, I really hope that you take advantage

play04:00

of some of these on this list.

play04:01

All right, moving right along, the fourth income stream

play04:03

that anybody can start is called print-on-demand.

play04:06

Now, if you haven't heard of print-on-demand before,

play04:08

it is a free online business

play04:09

that is very beginner-friendly.

play04:11

Essentially all you have to do here

play04:12

is create T-shirt designs.

play04:14

You upload them to print-on-demand websites.

play04:16

People will organically come

play04:17

to these print-on-demand websites,

play04:19

and when they find your design

play04:20

and they want it printed on a shirt,

play04:21

they can purchase it from the print-on-demand website,

play04:23

who will then print that order,

play04:25

they'll ship it out to the customer,

play04:26

and they'll handle all of the customer service.

play04:28

We as the seller who uploaded that design

play04:31

just get a split of the profit.

play04:32

Now, the reason that I say this is an income stream

play04:34

that anyone can start is that there are tools out there

play04:36

to help you create those designs and then you can join

play04:38

those print-on-demand websites totally for free.

play04:40

So as long as you have a smartphone or a computer

play04:43

and access to the internet,

play04:44

you can start a print-on-demand business yourself.

play04:46

Now, I should have mentioned this earlier in this video,

play04:48

but for all of these ways to make money,

play04:49

I'm going to put links to videos down in the description

play04:52

both for proof and tutorials.

play04:54

So if you're interested in any one of these individually,

play04:56

all the links are going to be down in the description.

play04:58

Speaking of this one, print-on-demand,

play04:59

I have a really good full tutorial.

play05:01

It goes step-by-step totally for free.

play05:03

You can watch it here on YouTube.

play05:04

With that being said, that brings us

play05:06

into the fifth income stream that anyone can start.

play05:08

Now, what this one is is delivering food

play05:10

with Uber Eats or DoorDash.

play05:11

Now, don't worry here.

play05:12

If you don't have a car, you can still do this one,

play05:14

and I'll explain in a second here.

play05:16

So in order to do this one,

play05:17

basically all you're doing is picking up food

play05:19

and delivering it to a customer.

play05:20

Now, if you go over to Uber Eats website, for example,

play05:22

and just as a side note here,

play05:24

Rakuten is already popping up saying,

play05:25

"Hey, if you sign up to be a driver,

play05:27

you'll get $40 cash back."

play05:28

That's pretty awesome. Let's X out of that for now.

play05:30

But if you scroll down here,

play05:31

you can see that you don't actually need to have a car.

play05:34

So you can deliver by car,

play05:35

but you can also deliver by scooter

play05:37

or by bicycle or on foot.

play05:38

So I say anyone can do this one,

play05:40

but I will preface it by saying

play05:41

that you do need to be at least 18.

play05:43

Now, a couple really cool things about this one

play05:44

that not many people talk about

play05:46

is you can get paid after each delivery.

play05:47

You can cash out something like five or six times per day.

play05:50

So once you do a delivery,

play05:52

you can get your profit pretty much instantly.

play05:54

And then the other thing is that you can do this totally

play05:55

on your own schedule.

play05:57

There's always going to be demand for this one.

play05:58

So you can earn as much as you want.

play06:00

The more you want to work,

play06:01

you open up the app, you find more jobs to take,

play06:03

the more money you can make.

play06:04

Now, to be as transparent as possible,

play06:06

this is one that I haven't personally done myself,

play06:08

but judging by all of the videos that are on YouTube

play06:10

with people showing how much money they've made

play06:12

for how many deliveries they do, I can definitely vouch

play06:14

for this one saying that it is a legitimate side hustle

play06:16

that you can start and start making money today.

play06:18

Okay, moving on to the sixth income stream

play06:20

that anyone can start, this is a high yield online savings.

play06:23

Again, this is going to be one

play06:24

that not many people talk about,

play06:26

but all this really is, is a free savings account

play06:29

where you can put your money in

play06:30

and currently you're going to make somewhere between four

play06:32

and 6% on your money.

play06:34

Now, to make this one as easy as possible to understand,

play06:36

let me show you a couple here.

play06:37

So Capital One, which is a really big reputable bank,

play06:40

they have a 360 performance savings.

play06:42

This is their version of a high yield online savings.

play06:45

So they're offering 4.25% interest.

play06:47

There are a whole bunch of other ones out there.

play06:49

I just wanted to start with Capital One,

play06:51

so you knew that this was legitimate.

play06:52

Betterment is another example here.

play06:54

They're paying 5% interest.

play06:56

And then you've got Wealthfront. They pay 5% interest.

play06:58

And there are a whole host of other ones that you can use.

play07:00

Now, it doesn't matter how much money

play07:02

you have to put in here.

play07:03

It's just going to be an extra savings account

play07:05

that is paying you more interest.

play07:06

Now, to be clear here,

play07:07

this is not money invested in the stock market,

play07:09

so it's not going to fluctuate up,

play07:10

it's not going to fluctuate down.

play07:12

It is legitimately just a savings account

play07:14

where you can get a debit card, you can get checks.

play07:16

It works the same way as a traditional savings account,

play07:19

but it is online-based

play07:20

and they're willing to pay higher interest to you.

play07:22

So for those of you who already have some money

play07:24

and you're not making any interest on it,

play07:25

this is a brilliant way

play07:26

for you to start an extra income stream.

play07:28

And then for those of you

play07:29

who start doing these other side hustles,

play07:30

and as you start to make money,

play07:32

I would suggest putting that money

play07:33

into this kind of savings account

play07:34

instead of putting it in a traditional savings account

play07:36

where you're not going to make any interest.

play07:38

Again, I'll put a couple links and some more information

play07:40

about this one down in the description below.

play07:41

And then just like that, we are on the seventh income stream

play07:44

that anyone can start.

play07:45

And what this one is is making videos

play07:47

about how to make money.

play07:48

Now, obviously there is some sarcasm here,

play07:50

but what I'm getting at,

play07:51

as you start to try all of these side hustles,

play07:53

document it on your smartphone

play07:54

and start putting that out on YouTube.

play07:56

There are so many people out there

play07:57

who want to start side hustles themselves,

play07:59

but they don't know which ones to start,

play08:01

which ones are legitimate.

play08:02

I am just trying to be one voice of reason,

play08:04

giving you honest information,

play08:05

but there are a lot of people out there sharing information

play08:08

on how to make money that's not exactly truthful

play08:10

and people get really upset about it.

play08:11

So if you can document your journey

play08:13

and start to share some real information

play08:15

that other people are going to appreciate and find valuable,

play08:17

you can turn that into another income stream.

play08:19

So guys, I hope this video has been helpful.

play08:21

Don't forget about all those links down in the description.

play08:23

They're going to give you full tutorials.

play08:25

They're going to give you proof for all of these.

play08:27

And if you have any questions at all,

play08:28

just let me know down in the comments.

play08:30

All right, guys, that's it for this one.

play08:31

If you enjoyed it, please give it a thumbs up,

play08:33

and I'll be seeing you all in the next video.

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関連タグ
Income StreamsSide HustlesFacebook MarketplaceCashback RewardsReferral ProgramsPrint-on-DemandUber EatsHigh Yield SavingsYouTube MoneyFinancial Freedom
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