Do This To Make 1 Lac/Month As A Student | VAIBHAV KADNAR

Summary

In this video, the speaker provides a realistic roadmap for students to earn ₹1 lakh per month by focusing on service-based businesses, particularly freelancing. Emphasizing the importance of hard work, smart strategies, and leveraging skills, the video breaks down how to avoid risky ventures like trading and betting. The speaker highlights the value of mastering high-demand skills such as video editing, copywriting, graphic design, and coding. Additionally, the importance of visibility and networking is stressed, with advice on consistent social media presence. The speaker encourages students to take small steps towards building a successful and sustainable income.

Takeaways

• 😀 Hard work alone isn't enough to earn ₹1 lakh per month; smart work and a structured approach are essential.
• 😀 Students often lack the capacity to take risks, so choosing safe, low-risk income-generating options like service-based businesses is key.
• 😀 Trading and stock markets are not suitable for students due to the lack of experience, patience, and capital needed to succeed.
• 😀 The safest and most powerful option for students to earn ₹1 lakh per month without risk is by learning and offering high-demand skills.
• 😀 Examples of in-demand skills include freelance video editing, copywriting, graphic design, social media management, and web development.
• 😀 Service-based businesses do not require significant investment, only the right skills, making them an ideal starting point for students.
• 😀 The most successful freelancers and entrepreneurs leverage their skills, with income directly tied to their expertise.
• 😀 Timing, dedication, and sometimes luck are essential factors for success, even if the strategy is solid.
• 😀 Right tools and strategies should be used at the correct stages of business growth to scale from ₹1 lakh to ₹10 lakh and beyond.
• 😀 Visibility and branding are crucial for success in business – what gets noticed gets sold. Consistent social media presence helps create visibility.
• 😀 Consistent small steps, like posting content daily and networking, eventually lead to exponential growth and higher revenue in the long run.

Q & A

What is the main idea presented in the script?

The main idea of the script is to provide students with a realistic roadmap to earning ₹1 lakh per month through service-based businesses, highlighting the importance of skills, hard work, and smart strategies, without relying on risky ventures like stock trading or gambling.

Why is it difficult for students to make ₹1 lakh per month?

It's difficult because many students lack capital, experience, and the right structure to succeed in high-risk ventures. The script emphasizes that achieving this income level requires learning high-demand skills, using the right tools, and consistent effort over time.

What is the first key component needed to make ₹1 lakh per month?

The first key component is to 'Choose the Right Weapon', which refers to selecting a low-risk, high-demand service that can be monetized, like freelancing in video editing, copywriting, or social media management.

What are some service-based businesses that can help students earn ₹1 lakh per month?

Examples of service-based businesses include freelancing in video editing, copywriting and content writing, graphic design, social media management, and web development. These services are in high demand and can generate consistent income with the right skills.

Why is trading or gambling not recommended for students?

Trading and gambling are risky because they require significant capital, experience, and patience. Without these factors, students risk losing their money, and the chances of success are extremely low, which can lead to financial losses.

What is the significance of 'high perceived value' in service-based businesses?

High perceived value means offering services that are considered crucial for clients, making them willing to pay well for those services. Examples include sales funnel building or email marketing, where businesses see direct value from your work in increasing their revenue.

How does leveraging others' skills help in building a business?

Leveraging others' skills allows you to scale your business without doing all the work yourself. For example, by managing a team of graphic designers, you can offer design services to clients while ensuring that the work gets done, all while making a profit without doing all the labor yourself.

What role does visibility play in making money through a service-based business?

Visibility is crucial because if your work isn't seen by others, you won't attract clients. Posting regularly on social media and sharing case studies or before-and-after examples can increase your visibility and lead to more opportunities, helping you build a steady client base.

What is the importance of timing in business success?

Timing is crucial in business because success often depends on being in the right place at the right time. Even with great skills, if you are not in the right environment or if your timing is off, your efforts may not pay off as quickly. Proper timing can accelerate growth and help in scaling from ₹1 lakh to ₹1 crore per month.

What advice does the script give about long-term success in business?

The script advises focusing on mastery first and then using your skills to build a business. Over time, as you refine your expertise and adapt your strategies, you can scale your business, transition from ₹1 lakh per month to ₹10 lakh, and eventually reach even higher earnings. The key is consistency, smart decisions, and leveraging new opportunities.