7 Ways To Earn 30,000/day in 2024 (full guide)

Summary

In this video, the speaker shares seven lucrative internet business ideas, emphasizing the potential for income without significant investment or personal branding. Key strategies include creating YouTube channels through outsourced content, engaging in freelancing via platforms like Upwork, and establishing blogs or online courses. The speaker illustrates each business model with real-life examples, such as successful YouTubers and freelancers, highlighting the importance of niche selection and audience understanding. The session aims to inspire viewers to leverage digital platforms for financial success.

Takeaways

• 😀 You can start a YouTube channel without showing your face by outsourcing tasks like script writing and editing.
• 😀 Successful channels often utilize stock footage and AI tools to create content without personal involvement.
• 😀 Freelancing is a straightforward way to earn money by providing services on platforms like Upwork.
• 😀 Building a portfolio by doing free work initially can help you secure paid gigs in freelancing.
• 😀 Creating a personal website can enhance your professional visibility; consider using user-friendly website builders.
• 😀 Instagram can be monetized by sourcing and sharing popular content, building an audience around it.
• 😀 Dropshipping allows you to sell products without holding inventory; you act as a middleman between suppliers and customers.
• 😀 Blogging is a viable income source through ad revenue and affiliate marketing, but requires good SEO strategies.
• 😀 Online tutoring can be lucrative; create courses based on market demand and leverage existing platforms for exposure.
• 😀 Print on demand services enable you to sell custom products without upfront costs, making it accessible for beginners.

Q & A

What motivated the speaker to explore internet businesses?

The speaker realized that traditional college education would not make him wealthy, which led him to start exploring internet businesses in 2012.

What is the first business model mentioned in the video?

The first business model discussed is creating YouTube videos without showing your face, where tasks like script writing and editing can be outsourced.

How can one monetize a YouTube channel according to the speaker?

Monetization can occur through ads run by YouTube, affiliate marketing by recommending products, or selling one's own digital products related to the channel's niche.

What does freelancing entail as described in the video?

Freelancing involves providing services to clients through platforms like Upwork, where individuals can choose services they can deliver and build a portfolio to attract clients.

How does the speaker suggest building a personal website?

The speaker recommends using a website builder that offers hosting and a free domain for the first year, enabling quick and cost-effective website creation.

What is the approach to content creation on Instagram mentioned in the video?

The approach involves sourcing existing content that is already popular, using it to create posts, and then monetizing through personal products or affiliate links.

What is dropshipping, and how does it work?

Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when you sell a product, you purchase the item from a third party and have it shipped directly to the customer.

Can blogging be a profitable venture, and how?

Yes, blogging can be profitable through various methods such as sponsored stories, banner ads, and affiliate marketing by writing articles that link to products or services.

What does the speaker say about online tutoring?

Online tutoring involves creating courses on platforms where people are already looking for educational content. One should build a course based on research and target audience needs.

What is the significance of marketplace platforms like Etsy?

Marketplace platforms like Etsy allow individuals to sell various products, including print-on-demand items and digital assets, enabling low-investment income opportunities.