HOW TO MAKE MONEY AS A STUDENT *a guide*
Summary
TLDRThe video script details a personal journey of financial growth and self-improvement. It emphasizes the importance of starting with a single follow on Instagram and growing to a significant number of followers, which can be monetized through affiliate marketing. The speaker shares their experience with affiliate programs, the value of building a personal brand, and the necessity of investing in oneself through education and skill development. The narrative also touches on the potential of freelancing, the power of social media for business, and the idea that hobbies can be turned into profitable ventures. The speaker concludes with advice on believing in oneself and the importance of patience and strategy in achieving financial success.
Takeaways
- π The speaker emphasizes the importance of self-education and personal development, highlighting their own journey of learning and earning money independently.
- πΌ The video discusses various strategies for making money, including affiliate marketing, e-commerce, and leveraging social media platforms.
- π The speaker shares their college experience and how they started earning money through internships and focusing on their interests.
- π‘ There's a focus on the idea that everyone should have a side hustle or a part-time business to supplement their income and gain financial independence.
- π° The video suggests that even with a small following, one can make money through affiliate marketing by promoting products and earning commissions.
- π The speaker talks about the value of learning technical skills like coding and artificial intelligence, which are in high demand in the job market.
- π The importance of building a personal brand and leveraging social media for business growth is discussed, including the use of platforms like Instagram and YouTube.
- π The video mentions the benefits of learning new languages and obtaining certifications, which can open up new opportunities and enhance one's resume.
- πͺ The speaker encourages viewers to believe in themselves and not to be discouraged by perceived limitations, emphasizing that with determination and effort, success is attainable.
- π The video also touches on the potential of investing in the stock market, suggesting that with research and strategy, one can earn additional income.
Q & A
What motivated the speaker to start earning money while in college?
-The speaker wanted to buy an iPhone by their birthday in October, and they had only five months to earn the money needed.
How did the speaker first start making money?
-The speaker started with affiliate marketing through an e-commerce brand they were already working for, despite only having 700 followers on social media.
What is the first way the speaker suggests to earn money in college?
-The speaker suggests doing paid internships, which help not only in earning money but also in gaining real-world experience and industry skills.
Why does the speaker recommend freelancing as a great option for earning money?
-Freelancing allows flexibility, as you can choose your projects, work on your own terms, and increase your rates as your skills improve. The speaker highlights the potential for video editing and graphic design.
How does the speaker suggest monetizing a hobby, and what is an example they provide?
-The speaker suggests using a skill like dancing or playing an instrument to offer classes. They share an example of someone who charged fees for teaching dance during school breaks.
What advice does the speaker give about affiliate marketing?
-The speaker advises using platforms like WishLink to link and promote daily essentials from multiple brands. They stress the importance of consistent effort and strategy to grow through affiliate marketing.
What does the speaker mean by 'building a personal brand,' and why is it important?
-Building a personal brand involves creating content and establishing credibility, which can help gain an edge over competitors, build a network, and open up more opportunities, especially on social media.
Why does the speaker emphasize learning a new language, and how can it be profitable?
-Learning a new language like French can be profitable as it opens up opportunities to offer tutoring or crash courses, particularly if you have certifications to back up your skills.
How does the speaker view investing in the stock exchange as a way to earn money?
-The speaker acknowledges that learning about and investing in the stock exchange can be challenging but rewarding. They encourage starting small and gradually building expertise to earn through investments.
What is the speaker's final piece of advice about making money during college?
-The speaker advises believing in yourself, learning throughout the process, and not underestimating your abilities, even if you feel unequipped at the start.
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Self Maximize (Introduction)
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