I Found The Easiest Side Hustles That Will ACTUALLY Make You Rich ($333/Day)
Summary
TLDRIn this video, the presenter embarks on a challenge to earn $10,000 in 30 days using popular side hustles from YouTube. They test methods like creating faceless YouTube channels, Etsy drop-shipping, and Facebook Marketplace reselling, among others. Despite initial skepticism and some failed attempts, they manage to earn over $9,000, highlighting the difficulty and potential of online money-making ventures. The video concludes with an invitation to join 'The Side Hustle Society' for further training and community support.
Takeaways
- 🤔 The presenter is skeptical about the claims of making thousands of dollars per day with side hustles and questions the authenticity of such claims.
- 🎥 The first side hustle involves creating two faceless YouTube channels in the outer space and self-help niches, with the aim to generate ad revenue.
- 💸 The presenter plans to invest in already monetized YouTube channels to bypass the usual monetization hurdles and start earning immediately if a video becomes popular.
- 👕 The second side hustle is Etsy drop-shipping, using copyright-free images on shirts and print-on-demand services to minimize upfront costs and test various designs.
- 📈 The presenter has a background in e-commerce and has sold nearly $9 million in revenue since 2010, giving them confidence in setting up an Etsy print-on-demand shop.
- 🛍️ The third side hustle is Facebook drop-shipping, listing items found on eBay and Amazon on Facebook Marketplace to profit from the resale.
- 🤖 The fourth side hustle is setting up an AI ad agency, offering services to automate business processes and generate leads using AI technology.
- 📊 The presenter tests websites that claim to pay for completing tasks, finding that earnings were modest and varied in success across different sites.
- 💰 The presenter discusses making passive income with cryptocurrency, leveraging investments to earn more without additional capital.
- 🛒 Retail arbitrage is another side hustle, where the presenter buys discounted items from stores and resells them for a profit, using tools like Seller Amp to find profitable items.
- 🔄 The last side hustle is flipping products from eBay to Amazon, using software like Flipmine to identify items that are cheaper on eBay but sell better on Amazon.
- 📉 The results after 30 days show that not all side hustles are successful, with some resulting in losses, demonstrating the challenges and risks involved in these ventures.
Q & A
What is the main goal of the video script?
-The main goal is to attempt to make $10,000 over the next 30 days using the most popular side hustles mentioned on YouTube.
What is the presenter's skepticism about the side hustles mentioned on YouTube?
-The presenter is skeptical because if these methods are so lucrative, they question why the YouTubers promoting them aren't using them themselves.
How does the presenter plan to test the effectiveness of faceless YouTube channels?
-The presenter plans to create two faceless YouTube channels in the outer space and self-help niches, hiring a top freelancer for editing, and buying already monetized channels to avoid the monetization process.
What is the strategy behind the Etsy drop-shipping side hustle?
-The strategy involves using copyright-free images on shirts sold on Etsy and utilizing print-on-demand to ship the shirts to customers after they sell, minimizing upfront costs and inventory risk.
What is the presenter's background in relation to the Etsy print-on-demand shop side hustle?
-The presenter has been selling online since 2010, with almost $9 million in collective revenue, and has experience in e-commerce, making the Etsy print-on-demand shop setup within their skillset.
How does the presenter plan to approach Facebook drop-shipping?
-The presenter plans to list items found on eBay and Amazon on Facebook Marketplace, and once they sell, they will keep the profit, starting from scratch to see how quickly the store takes off.
What is the concept behind setting up an AI ad agency as a side hustle?
-The AI ad agency side hustle involves finding local businesses and offering to automate their processes using artificial intelligence to save money, get leads, and attract customers.
What was the outcome of the presenter's attempt at making money through faceless YouTube channels?
-The presenter made $0 from the faceless YouTube channels and actually lost $500 due to the cost of purchasing already monetized channels.
How successful was the Etsy print-on-demand store in terms of sales and profit?
-The Etsy store made about $100 in sales, but due to outsourcing the designs, they lost another $100, resulting in no profit.
What was the presenter's experience with the Facebook drop-shipping side hustle?
-The Facebook drop-shipping store made a profit of $300, but after outsourcing and giving a percentage to the person brought on, the presenter only made $240.
What was the final total made by the presenter after trying all the side hustles for 30 days?
-After trying all the side hustles, the presenter made just over $9,000, with the most significant contribution coming from selling on eBay to Amazon.
What is the presenter's conclusion about making money online based on their experience?
-The presenter concludes that making money online is not easy and requires developing a skillset first. They also emphasize that the difficulty is what makes it exciting, as it's not something everyone can do easily.
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