I Found The Easiest Side Hustles That Will ACTUALLY Make You $1000/Week (With Proof)
Summary
TLDRIn a 60-day challenge, an experienced entrepreneur tests popular YouTube side hustles aiming to earn $10,000. Exploring various methods like creating Lo-Fi beats, freelancing on Fiverr, Printify's print-on-demand, B2B videography, and day trading, the journey reveals mixed results. Despite not reaching the goal, the experiment uncovers the potential and challenges of each hustle, offering insights into the reality of making money online.
Takeaways
- 😀 The video is a challenge to make $10,000 in 60 days using various side hustles often promoted on YouTube.
- 💼 The presenter has over a decade of entrepreneurial experience and has made seven figures selling online.
- 🔍 In the first side hustle, the presenter plans to create Lo-Fi beats and post them on YouTube, using Fiverr to outsource the creation of music and animations.
- 🤔 There's skepticism about the Lo-Fi side hustle, questioning why freelancers offering the service don't do it themselves if it's so lucrative.
- 📈 The presenter also explores posting services on Fiverr, aiming to capitalize on the platform's potential for full-time income generation.
- 🎮 A Printify store is set up for print-on-demand products, leveraging the power of TikTok and influencers to market the products.
- 🎬 The fourth side hustle involves B2B video and content creation for businesses, starting with a simple website and reaching out to the presenter's network for leads.
- 📊 Day trading is attempted with a $5,000 initial investment, following a course taught by experienced traders.
- 🛍️ Drop shipping on eBay and Walmart is the final side hustle, where the presenter builds a team of experts to manage the business.
- 📊 The results show mixed outcomes across the side hustles, with some profitable and others not meeting expectations.
- 💰 Despite not reaching the $10,000 goal, the presenter offers to work with 50 people on drop shipping, emphasizing a revenue-sharing model.
Q & A
What is the main goal of the individual in the video script?
-The main goal is to make $10,000 in 60 days by trying out various popular side hustles as seen on YouTube.
What is the individual's background that makes him believe he can achieve this goal?
-He has been an entrepreneur for over a decade and has made over seven figures selling online, which gives him the credentials to attempt this challenge.
What was the outcome of the individual's previous attempt at side hustles?
-In the previous attempt, he made a decent amount of money, but most of the side hustles he tried turned out to be unsuccessful.
What is the first side hustle the individual chooses to try?
-The first side hustle is creating Lo-Fi beats and posting them on YouTube to earn ad revenue.
Why does the individual decide to use Fiverr for the Lo-Fi beats side hustle?
-He chooses Fiverr to find freelancers to help make the copyright music and animations due to the limited time frame of 60 days.
What is the individual's concern about using freelancing sites for the Lo-Fi beats side hustle?
-His concern is why people offering the service on freelancing sites aren't doing it themselves if it's so lucrative.
What is the outcome of the individual's efforts on Fiverr?
-He managed to land two orders totaling $400, but after fees and paying his team, he netted $335.
What is the Printify service mentioned in the script?
-Printify is a service that allows entrepreneurs to test and launch products with zero startup costs, shipping items only after they are purchased.
How does the individual plan to use the Printify service differently this time?
-He plans to harness the power of TikTok by reaching out to influencers to post his products with an affiliate code.
What niche does the individual decide to target with his Printify store?
-He decides to target the gaming channels on TikTok, as they have a large audience and high view counts.
What is the individual's strategy for contacting influencers on TikTok?
-He plans to research influencers, understand what they have sold and who they market to, and then design products accordingly before reaching out to them.
What is the result of the individual's Printify store efforts?
-He had 125 sales across four products through the influencer marketing strategy, netting a little over $1,400 after paying the influencers.
What is the next side hustle the individual sets up after Printify?
-The next side hustle is B2B, helping businesses with video and content creation.
Why does the individual believe having a website is important for the B2B side hustle?
-Having a website in 2024 is important because it helps to establish credibility and professionalism for potential clients.
What approach does the individual take to get customers for the B2B side hustle?
-He decides to reach out to people within his existing network rather than cold leads, as suggested by Alex Hormozi in his book '$100 million Leads'.
What is the result of the individual's B2B video and content creation side hustle?
-He landed a job with a health clinic in Tijuana, netting about $1,850 after paying his team.
What is the individual's experience with day trading in the script?
-The individual is familiar with investing but has never been a day trader. He takes a free course from someone who makes six figures a year from day trading.
What is the outcome of the individual's day trading side hustle?
-He starts with a balance of $4,950 and ends with $6,325 after 18 trades, making an unrealized gain of $1,325.
What is the last side hustle the individual tries in the experiment?
-The last side hustle is drop shipping on eBay and Walmart.
What is the individual's strategy for the drop shipping side hustle?
-He plans to reach out to 10 to 15 experts, build a team around the best candidate, and leverage his existing eBay and Walmart stores.
What is the final outcome of the individual's drop shipping side hustle?
-After 60 days, he made just over $3,200 in profit across the two platforms, with an additional $800 from a credit card sign-on bonus.
Did the individual meet his goal of making $10,000 in 60 days?
-No, he did not meet the $10,000 goal, but he made a significant amount through various side hustles.
What does the individual offer to those interested in working with him on drop shipping?
-He offers to work with 50 people on drop shipping, making money only if they make money, with more information available through a provided link.
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