7 Incomes Anyone Can Start In 2024
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
🛍️ 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.
💰 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
💡Facebook Marketplace
💡Flipping Items
💡Cashback Rewards Site
💡Referral Programs
💡Print-on-Demand
💡Uber Eats
💡High Yield Online Savings
💡Side Hustles
💡YouTube
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
In today's video, I'm going to be sharing
seven income streams that anyone can start.
Now, this is not going to be a generic list off of Google.
These are ways that I've personally done myself
and I can actually vouch for it.
So with that being said,
let's get straight into the first one.
The first one is selling things on Facebook Marketplace.
Now, there's three ways to do this.
The third way is ultimately going to be the best way.
But needless to say, the first way
is selling things that you already own.
So if you look around your house
and you see things that you don't necessarily use anymore,
list them on Facebook Marketplace,
and whatever you sell them for
is just going to be cash in your pocket.
The second way to do this
is to flip items on Facebook Marketplace.
So as you are looking through Facebook Marketplace,
you can negotiate with the seller,
and if you can buy things for low,
you can spend a little bit of time cleaning them
and making them look better, and then list them for higher.
All of the money that you make
between what you spent to buy it
and what you actually sell it at
is going to be profit in your pocket.
Now the third way to do this,
I'll actually show you on my computer here.
So if you go over to Facebook Marketplace
and you go over to the left side and you scroll down here,
there is actually a section called Free Stuff.
If you click on this,
there is actually an entire section here of all things
that people are trying to get rid of.
They're literally giving them away for free.
So if you can pick up a couch,
you can get that item for free.
You can re-list that for several hundred dollars.
But this is a perfect opportunity for you
to go collect things for free,
list them for whatever price you see fit,
and then all of that money that you make
is all yours to keep.
Now, just a helpful tip here,
two categories that work really well for this
are, one, workout weights.
It's something that you really wouldn't think about,
but people are trying to get rid of.
And the second is furniture.
If you spend a little bit of time
just refurbishing that furniture to look newer and cleaner,
you can always sell that for more than you bought it.
Okay, so just like that, let's move on to the second income
that anybody can start,
and this is using a cashback rewards site.
Now, this is something that not many people talk about,
but I can definitely vouch for this one.
To show you an example of this,
this is the largest one out there.
It's called Rakuten.
If you have heard of Ebates before,
that's what this used to be called,
but Rakuten purchased Ebates,
so now it's all under the name Rakuten.
But all this is is you install a plugin
on your internet browser and then they are partnered
with thousands of different websites.
So as you go buy things online,
you are going to get cash back from them.
Essentially how this works
is they are partnered with these companies.
So whatever business they bring to these companies,
those companies pay Rakuten a commission.
Rakuten shares that commission with you as cashback.
So it is literally as simple
as signing up on Rakuten for free
and then you install the plugin on your computer.
And then as you go to any of these websites,
let me just show you an example, we go to temu.com,
you are going to get this little popup up here that says,
"Hey, you are going to get 14% cash back
on anything that you buy from this website."
All you have to do is click here to activate.
It is going to refresh your page,
and now you're going to get 14% cash back
on anything that you buy.
Now, something super important to clarify here
is you're not being charged anything extra
from these websites.
The websites are taking a split of their profit
and paying it to Rakuten, Rakuten sharing that with you.
All right, so this is where this video
starts to get really cool.
The third income stream that anyone can start
is joining companies' referral programs.
Now, what a lot of people don't know
is that most companies out there have referral programs
that anyone can join totally for free.
To show you a perfect example of this, if you go to Rakuten,
you go over here and you go to Refer & Earn,
you can literally make money
by referring people to Rakuten as well.
So if you click on that little tab right here,
you scroll down a little bit,
this is going to be your unique referral link.
So you can copy this and paste it anywhere.
So you can text it to family or friends.
You can post it on social media.
And anyone who uses your link to sign up
and start getting cash back when they are shopping online,
Rakuten's going to give you $30 for referring them.
Now, I do believe that they also give $30
to the friend that you referred as well.
So you both end up getting $30.
Now, that's just one example of a referral program.
There are thousands of different companies out there
that all have these same referral programs for free.
And just to give this a little bit of credibility
because it sounds like something
that very few people are talking about,
I started sharing my link to Rakuten
when it used to be called Ebates a few years ago,
and I've made over $8,000 in people just signing up
as a referral and getting cash back when shopping.
I just wanna say just because people aren't talking
about different ways to make money
or different side hustles,
it doesn't mean that they don't work.
Generally speaking, the ones that work really well,
very few people are sharing.
So guys, I really hope that you take advantage
of some of these on this list.
All right, moving right along, the fourth income stream
that anybody can start is called print-on-demand.
Now, if you haven't heard of print-on-demand before,
it is a free online business
that is very beginner-friendly.
Essentially all you have to do here
is create T-shirt designs.
You upload them to print-on-demand websites.
People will organically come
to these print-on-demand websites,
and when they find your design
and they want it printed on a shirt,
they can purchase it from the print-on-demand website,
who will then print that order,
they'll ship it out to the customer,
and they'll handle all of the customer service.
We as the seller who uploaded that design
just get a split of the profit.
Now, the reason that I say this is an income stream
that anyone can start is that there are tools out there
to help you create those designs and then you can join
those print-on-demand websites totally for free.
So as long as you have a smartphone or a computer
and access to the internet,
you can start a print-on-demand business yourself.
Now, I should have mentioned this earlier in this video,
but for all of these ways to make money,
I'm going to put links to videos down in the description
both for proof and tutorials.
So if you're interested in any one of these individually,
all the links are going to be down in the description.
Speaking of this one, print-on-demand,
I have a really good full tutorial.
It goes step-by-step totally for free.
You can watch it here on YouTube.
With that being said, that brings us
into the fifth income stream that anyone can start.
Now, what this one is is delivering food
with Uber Eats or DoorDash.
Now, don't worry here.
If you don't have a car, you can still do this one,
and I'll explain in a second here.
So in order to do this one,
basically all you're doing is picking up food
and delivering it to a customer.
Now, if you go over to Uber Eats website, for example,
and just as a side note here,
Rakuten is already popping up saying,
"Hey, if you sign up to be a driver,
you'll get $40 cash back."
That's pretty awesome. Let's X out of that for now.
But if you scroll down here,
you can see that you don't actually need to have a car.
So you can deliver by car,
but you can also deliver by scooter
or by bicycle or on foot.
So I say anyone can do this one,
but I will preface it by saying
that you do need to be at least 18.
Now, a couple really cool things about this one
that not many people talk about
is you can get paid after each delivery.
You can cash out something like five or six times per day.
So once you do a delivery,
you can get your profit pretty much instantly.
And then the other thing is that you can do this totally
on your own schedule.
There's always going to be demand for this one.
So you can earn as much as you want.
The more you want to work,
you open up the app, you find more jobs to take,
the more money you can make.
Now, to be as transparent as possible,
this is one that I haven't personally done myself,
but judging by all of the videos that are on YouTube
with people showing how much money they've made
for how many deliveries they do, I can definitely vouch
for this one saying that it is a legitimate side hustle
that you can start and start making money today.
Okay, moving on to the sixth income stream
that anyone can start, this is a high yield online savings.
Again, this is going to be one
that not many people talk about,
but all this really is, is a free savings account
where you can put your money in
and currently you're going to make somewhere between four
and 6% on your money.
Now, to make this one as easy as possible to understand,
let me show you a couple here.
So Capital One, which is a really big reputable bank,
they have a 360 performance savings.
This is their version of a high yield online savings.
So they're offering 4.25% interest.
There are a whole bunch of other ones out there.
I just wanted to start with Capital One,
so you knew that this was legitimate.
Betterment is another example here.
They're paying 5% interest.
And then you've got Wealthfront. They pay 5% interest.
And there are a whole host of other ones that you can use.
Now, it doesn't matter how much money
you have to put in here.
It's just going to be an extra savings account
that is paying you more interest.
Now, to be clear here,
this is not money invested in the stock market,
so it's not going to fluctuate up,
it's not going to fluctuate down.
It is legitimately just a savings account
where you can get a debit card, you can get checks.
It works the same way as a traditional savings account,
but it is online-based
and they're willing to pay higher interest to you.
So for those of you who already have some money
and you're not making any interest on it,
this is a brilliant way
for you to start an extra income stream.
And then for those of you
who start doing these other side hustles,
and as you start to make money,
I would suggest putting that money
into this kind of savings account
instead of putting it in a traditional savings account
where you're not going to make any interest.
Again, I'll put a couple links and some more information
about this one down in the description below.
And then just like that, we are on the seventh income stream
that anyone can start.
And what this one is is making videos
about how to make money.
Now, obviously there is some sarcasm here,
but what I'm getting at,
as you start to try all of these side hustles,
document it on your smartphone
and start putting that out on YouTube.
There are so many people out there
who want to start side hustles themselves,
but they don't know which ones to start,
which ones are legitimate.
I am just trying to be one voice of reason,
giving you honest information,
but there are a lot of people out there sharing information
on how to make money that's not exactly truthful
and people get really upset about it.
So if you can document your journey
and start to share some real information
that other people are going to appreciate and find valuable,
you can turn that into another income stream.
So guys, I hope this video has been helpful.
Don't forget about all those links down in the description.
They're going to give you full tutorials.
They're going to give you proof for all of these.
And if you have any questions at all,
just let me know down in the comments.
All right, guys, that's it for this one.
If you enjoyed it, please give it a thumbs up,
and I'll be seeing you all in the next video.
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