the biggest lie young people are told when they're 18 19 and 20 is go to university and you're guaranteed to get a high-pay job this lie is drilled into through the school system and then reinforced by parents who are stuck in the past while it might have been true in my time it's not the reality anymore don't get me wrong I'm not saying that studying is a waste of time many degrees are very useful and the student experience is Unforgettable however relying solely on a degree to make you rich isn't the right approach that's why it's so important for students to start some kind of side hustle that has the ability to grow into something much bigger in the future look I wasn't wealthy enough to be able to afford University or probably academically smart enough but I always had side hustles ultimately my side hustles turned into multi-million dollar businesses and made me a millionaire that's why today I'm going to dive into seven side hustle students can start this year to be honest this can actually apply to anyone anywhere in the world and because I hate those silly videos that just regurgitate the same list of side hustle ideas I'm actually going to share real life examples of people smashing it and rate them out of five in these important categories how much time it takes to learn how much money you need and how difficult it is to make $1,000 per month side hustle idea number one faceless short form content this is Daniel bitten like many of you he started using social media for fun at the age of 13 now at 16 he's earning half a million dollars every single month creating short form content on Snapchat without even showing his face it sounds unbelievable but it's completely true my son Curtis actually bumped into him at LAX airport and after doing some research I can assure you he's not capping so why can you make so much money doing this well at the moment there's a huge war going on between Snapchat YouTube Instagram and Tik Tok during the pandemic Tik Tok became so popular and grab the attention of the world since then all the different social media platforms have been competing for this attention as the more eyes they have on their app the more money they can make from advertisers stick with me because this is where it all starts coming together the one thing these platforms need more than anything else is content creators and what attracts the best creators better than anything else money because we all like a little bit of that this is a once- in a-lifetime opportunity but once a platform is established at the top competition will decrease along with the payouts so you'll need to jump in on this one quickly if you want to be making close to half a million dollars a month just like Daniel the people that have paid the most are those that create original content rather than just cutting up other people's content from YouTube Daniel does this by using existing videos but then adding different voice overs music and edits this strategy combined with consistent posting led to extreme growth he then expanded with multiple channels in various niches to attract diverse audiences so for example one of his channels is about rapper updates and the others is focus on live streamers now for those important ratings I'll give this a four out of five although making short clips may seem quick and easy there's a lot more that goes into it than you might first think saying this if you regularly watch Tik Tok or shorts then you'll be better prepared than most creating short form Clips is a lot more about understanding human psychology than it is about fancy editing if you can create a great and build towards some kind of payoff at the end you'll increase the watch time this is the only trick you need to know if you want your videos to go viral and earn you lots of money trust me I managed to get 7 million followers on Tik Tok using this exact strategy the best way to teach yourself this is to watch short form content on a daily basis make it part of your routine this might sound different from what many people my age will tell you but I'm not talking about using it for entertainment every time you stop on watch a short I want you to ask yourself a simple question what intrigued me enough to stop scrolling and watch the whole thing make a list in your notes app and before you know it you'll have a ton of different winning ideas secondly how much money do you need I'll give this one out of five because if you have a phone and an internet connection then you can get started and if you're watching this video then I'd assume you've got both of those things thirdly how easy is it to make $11,000 per month I'll give this this a one out of five as I mentioned social media platforms are handing out cash like there's no tomorrow just think to make $1,000 a month all you'd have to do is be 0. 2% as good as Daniel now if you don't think that's achievable then you need to believe in yourself a bit more idea two investing a lot of people are going to disagree with me on this one as it's technically not a side hustle however it makes me around about $177,000 per week so I thought it was definitely worth a mention it's taken me a lot of years to build up to that however I've managed to do it all on my own without a financial advisor charging me Commission on every investment it's really not as complicated as people make out of course I'm not a financial advisor and Investments can go up as well as down but my dollar cost averaging strategy has worked wonders for me over the years this is when you consistently buy into the market no matter if it's high or low over time the idea is that the price you buy the stock at averages now you can do this with pretty much any stock you want however the real secret weapon has to be index funds if you were to invest $200 a month for 40 years and get an average return of 10% per year then you'll have over $1. 2 million I know what you're thinking how on Earth am I going to make a 10% return you're out of touch old man well of course past results are no guarantee of future returns however over the last 10 years the average annual return of the S&P 500 was 11% okay but I don't want to wait 40 years to become a millionaire this is exactly how you should be thinking I didn't want to wait until I was old and gray either I went out and made quick money through my side hustles started a business and made Millions all while investing around half of my earnings and multiplying it in the stock market it's not a choice between one or the other you really should consider doing both at the same time now let's get on to the ratings oh I forgotten the photo let's use that one firstly how much time does investing take to learn I'll give this a one out of five because as I said the basics are extremely simple I've got multiple videos on my channel breaking down the Core Concepts like passive income the different types of accounts to open and my favorite index funds once you master the tricky words you'll see that it's really simple especially with different investment apps allowing you to automate your Investments every every single month so you don't even have to think about them my favorite for this kind of thing is trade in 212 so I reached out to them to see if they'd be interested in sponsoring this section of the video they agreed and are also offering a free stock worth up to £100 to anyone that uses the code tilb when they create an account and deposit as little as1 if you're a beginner then definitely check out their pies feature as you can have a look at what other people are investing their money in and then either create your own pie or just copy theirs you can then set it to Auto invest for you as often as you like and your money will be split between the different stocks in your pie secondly how much money do you need I'll give this a one out of five because you can start with as little as $1 I don't suggest you put all of your money into stocks though make sure you're investing it back into your side hustle as well and thirdly how easy is it to make $11,000 per month I'll give this a 1 out of five as for me I don't have to do anything it's just easy however it took me a lot of years of consistency to get to this stage in my opinion investing should always be paired with a side hustle that generates you fast money side hustle idea 3 Discord building this is Chris Peters and he's on track to make $115,000 a month from building and managing Discord servers and he's only 19 years old I remember first chatting with Chris a couple of years ago he must have been about 17 at the time I had just started my free Discord group and had absolutely no idea what I was doing he messaged me and offered to help me for free so I took him up on that offer and he completely revamped my server by the way I am still running the free Discord group and I'll drop a link in the description below if you want to join us over the years I've been more and more impressed with Chris's work ethic and quick thinking so it's fair to say I'm not letting him work for free anymore if you don't know Discord is basically this all-in-one commity communication Hub with text voice and video chats it started off just for gamers but now it's pretty versatile used by all sorts of communities and businesses there's a huge opportunity here because as the usage of Discord increases there are people like me a few years ago who have no idea how to operate it it's complex enough to confuse a beginner particularly those of an older generation but simple enough for a youngster to learn in a short amount of time I mean Chris started his Discord business while he's still at school sitting his GCSE exams and I was one of his first clients just remember to offer huge value up front before asking for any kind of payment if you do good work and make yourself indispensable you'll start earning big now it's time for those ratings firstly how much time does Discord take to learn I'd give this a 2 and 1 half out of five as you can get to groups with the basics in a couple of hours however to do the really complicated stuff it may take a bit longer depending on how tech savvy you are I asked Chris for his top tip for learning Discord skills and he said it's important to join multiple communities this way you can learn what makes a successful server secondly how much money do you need I'd rate this a one out of five you can get started with just your computer although finding clients planning Community features and customizing the Discord service to fit your client's Niche may take time in the early days you should be able to manage all of this stuff yourself thirdly how easy is it to make $11,000 per month I'd rate this a one out of five let's look at the numbers now assuming you can find four clients and put them on a monthly retainer you'd only have to charge them $250 each and boom that's $1,000 a month right there and honestly if you find the right clients you should be able to charge them much more than this side hustle idea for online coaching this is Jack Jefferson he decided to quit his $70,000 9 to5 in London to pursue his online fitness coaching Sid hustle fulltime as it had started generating him $7,000 a month now you may be thinking that's only $114,000 more than his full-time job in London however now he has something even more valuable Freedom he can Now operate his side hustle from anywhere in the world as long as he has an internet connection so he can check in with his clients and review their progress Jefferson training now has over 40 clients and is growing by the month I get that not everyone is a gym expert and this might seem a little niche however notice how the title of this idea isn't online fitness coaching it's online coaching that's because there are countless things you can teach people online and get the same results as Jack for my travels to Dubai and Miami recently all the young millionaires I meet seem to be coming from the online coaching space they all have some kind of info product and they're earning thousands it's honestly an absolute Gold Mine I've only started to notice this recently as most of the millionaires I bumped into before this had their own physical products like me with my range of radio control models the world is absolutely changing people really value online support and expertise this industry just didn't exist when I was younger now it's time for those ratings firstly how much time does online coaching take to learn I'll give this a two out of five because if you already have a skill people are willing to pay for then all you need to learn is how to package it up and sell it once you've created this process you can then rinse and repeat the formula to get you thinking here's what Jack does he starts off by conducting an in-depth onboarding session to understand the needs and goals of each client he then crafts personalized nutrition plans detailing breakfast lunch and dinner alongside tailored Fitness PL fans specifying both training and resting days he then sets up regular check-ins where he guides his clients through video feedback I hope you can see how something like this can be easily adapted to lots of different types of coaching I think the key to making good money relatively quickly is to offer degree of personalization rather than just selling an online course as people are pretty sick of those secondly how much money do you need I'd rate this a one out of five is all you need is your laptop and good to go of course this does assume you have some kind of skill you can teach it might cost you a bit more if you have to learn a skill first thirdly how easy is it to make $1,000 per month I'd rate this a one out of five on the difficulty scale as from what I've seen this is incredibly easy people are lazy so although they could probably learn this stuff from a book they don't want to spend the time doing that they would much rather spend some money and be spoonfed the information remember people pay for convenience so side hustle idea 5 AI animation this is Mercy he's responsible for all the animations you see on my channel and he's making $8 to $110,000 per month creating these for multiple clients this side hustle is really interesting as AI is the biggest thing to happen to technology since the internet just think how many billionaires that created despite the ongoing buzz you might be surprised how few businesses have actually begun to use it you see there are five stages to technology adoption and they look like this first you have the early innovators which make up 2.
5% of the people they are the people that are willing to take a risk and go against the grain they'd go out and buy the Samsung fold or the new Apple Vision Pro on its first initial release second we have the early adopters making up 13. 5% of the population similar to innovators they're willing to take a risk R however they prefer to test the product before forming an opinion and recommending it to others thirdly we have the early majority which is 34% of the population these are the people that look at the product reviews before making a purchase they want to see proof of it working before committing to it this is a line where I believe we currently are with AI at the very first stage of early majority adoption this is followed by the late majority making up another 34% of finally the laggards which is a surprising 16% when you get to my age you'll find that most people are in the lagard category they like sticking with what they know and they really don't want to learn anything new now here's the important thing whether you like it or not AI will go through this cycle so let me ask you this very simple question would you rather embrace it now or wait for everyone else to get the benefits and end up having to use it anyway there are so many creative ways to use AI but let's go back to Mercy for a solid example he uses tools like chat GPT to help him script ideas out and then use his mid journey to bring his ideas to life let's get into the ratings I'd give this a four out of five although AI can do a lot of the heavy lifting for you Mercy still devoted months to mastering topnotch animation skills which helped in land clients and build relationships that keep the cash flowing in so I'd recommend mastering the core principles of animation and actively participate in Industry netwar to keep refining your skills secondly how much money do you need I'd give this a one out of five because we're at an early stage in the adoption curve it doesn't take a lot of expensive tools to stand out when mercy first started his side hustle he managed to get featured on Andrew Tate's Instagram story because of some AI artwork he created this this gave him all the free promotion he needed to build a strong client base this just shows that you don't need a lot of cash right now to make an impact thirdly how easy is it to make $1,000 per month I'd give this a two out of five as online creators are getting more and more popular there is more money flooded into the space creators want to stand out and by adding animations is a great way to make their videos look more premium and engaging so get started now and get so far ahead that the late adopters can never catch you side hustle idea 6 reselling luxury items this is Ben Gallagher a normal lad who started reselling luxury items online as a side hustle in 2023 he generated £ 7. 2 million through his business Lux Collective and even recently appeared on Drgon's Den which is a bit like Shark Tank and received investment from Steven Bartley in exchange for 3% Equity stake I'm so proud of how far he's come since appearing on my old podcast years ago the luxury resale market so to a who in $ 39.
2 3 billion in 2023 so it's no surprised that Ben is having so much success the growing Millennial population is driving a lot of this interest in luxury resale along with social media culture increasing the importance of flexing designer labels reset is a really cool side hustle as now with the internet you're able to sell to anyone in the world giving you access to a global Marketplace so let's look at the ratings I'd give this a four out of five as Ben spent countless hours learning how to identify fakes learning about the market and Scouting For the best purchases Ben looks out for items from Brands like Louis Vuitton Dior Chanel and even Herz of course you can imagine it's very important that he knows his stuff stuff as just one slip up could ruin his company's reputation Ben has to carefully examine each bag for scent stitching material and even send samples to a company in New York which use microscopic technology to examine the exact structure of the materials used so if you're passionate about designer items and are prepared to put the time into learning all the details then it's worth a shot secondly how much money do you need I'd give this a 3. 5 out of 5 as these designer items can be pretty pricey I mean some of these bags are worth up to $30,000 and that's the secondhand price a lot of these high-end bags tend to keep their value or maybe drop slightly I mean it's practically a designer bag stock market maybe that's why my son Curtis has bought his girlfriend so many bags or maybe he's just a s but of course you don't have to start off with items like this you can go for more reasonably priced ni ones and work your way up that's what Ben did you also don't have to pay for marketing as you can leverage social media platforms to grow your customer base completely free I mean Ben struck gold on Tik Tok when he started posting fashion content and has now amassed over 1.
