The biggest lie told to young people, under the age of twenty, is that going to university will guarantee them a high-paying job. This lie is deeply embedded in the school system and is supported by parents who are still stuck in the past. It may have been true in my time, but it is no longer the truth. Don't misunderstand me. I am not saying that studying is a waste of time. Many certificates are useful and the study experience is unforgettable. But relying solely on a degree to become rich is not the right way. It is very important for students to start a side business that has the potential to grow into something bigger in the future. Look, I wasn't rich enough to attend university or to study academically enough , but I relied on side jobs. In the end, my side businesses turned into multi-million dollar businesses and made me a millionaire.
Therefore, I will talk about 7 side projects that students can start this year. This can be done anywhere in the world. Because I hate these little videos that repeat the same list of side business ideas , I will mention real examples of people who succeed and rate them out of 5 in these important categories. How long will it take you to learn it? How much money do you need? How difficult is it to earn a thousand dollars a month? The idea of a side hustle. Idea number one.
Short, faceless content. This is "Daniel Bitton". Like many of you, he started using social media at the age of 13. Now at 16, he earns half a million dollars every month by creating short content on Snapchat without even showing his face. It sounds unbelievable, but it's true. My son "Kurt" met him at "Lax" airport. After a little research, I can assure you that he is not lying. How can you make this amount of money by doing this? There is actually a war going on between Snapchat, YouTube, Instagram and TikTok. During the pandemic, TikTok became extremely popular and attracted the world's attention.
Since then, all social media platforms have been competing for this attention. The more eyes that are on their app, the more money they make. Stay with me because this is where things will connect. The thing these platforms need more than anything else is content creators. What attracts content creators more than anything? Money. Because we all love it. This is a once-in-a-lifetime opportunity. But when one platform reaches the top, competition will decrease, as will the payoff. So, you need to get involved in this quickly if you want to earn nearly half a million dollars a month like "Daniel". Most of the people who get paid are original content creators rather than those who cut content from other people on YouTube. Daniel does this using existing videos but adds voiceover, music, and edits. This strategy, combined with continuity, led to tremendous growth. It expanded into several channels in multiple fields to attract diverse audiences.
For example, one of its channels is about news about rappers, the other focuses on live streaming makers. For these important assessments, I would give 4 out of 5. Although making short videos may seem quick and short, there is more work than you might think. With that in mind, if you watch TikTok or short-form content, you'll be more prepared. Creating short content is about understanding human psychology more than just trivial modifications. If you can write a great grab-and-go sentence and build excitement for a return on investment, you will increase watch time. This is the trick you need to make videos and earn a lot of money. I was able to gain 7 million followers on TikTok using this strategy. The best way to educate yourselves is to watch short content daily. Make it part of your routine. This sounds different from what people my age say, but I'm not talking about this for fun.
Every time you stop and watch a short video, I want you to ask yourselves a question, "What made me stop going down and watch the whole video?" Create a list in your feedback app. Before you know it, you'll have many winning ideas. Secondly, how much money do you need? I would give this one out of five. If you have a phone and an internet connection, you can get started. If you are watching the video, I will assume that you have both. Third, how easy is it to earn a thousand dollars a month? I would give this one out of five. As I mentioned, social media platforms generate a lot of money. Think of it this way: to earn $1,000 a month, all you have to do is be as skilled as 0.2 percent of "Daniel".
If you don't believe this is achievable, you need to have more confidence in yourselves. Secondly, investment. Many people disagree with me on this, as it is not a side job, but it earns me $17,000 a week. So I thought I should mention it. It took many years to build this, but I was able to do it all on my own without a financial advisor charging me a commission on the investment. It is not as complicated as people make it out to be. I am not a financial advisor and investments may go up and down. But my average dollar price strategy has achieved successes over the past years.
When you consistently buy in the market regardless of whether it is high or low. The idea is that over time the price you pay will be balanced by the stock. You can do this with any stock, but the secret weapon is "index funds". If you invest $200 for 40 years and receive a 10 percent return each year, you will have more than $1.2 million. I know what you're thinking, how am I supposed to achieve a 10 percent return? You have lost touch with reality. Of course, past results do not guarantee future results. But over a ten-year period, the average annual return for the S&P 500 stock was 11 percent. But I don't want to wait 40 years to become a millionaire. This is the way of thinking you should follow. I did not support waiting until I became old and my hair turned gray. I went and made quick money through my side businesses, started a business, made millions, and invested half of my earnings and doubled them in the stock market.
This is not a choice between one and the other. You need to think about doing both things at the same time. Now, let's begin with the evaluation. Oh, I forgot the picture. Let's use those. First, how much time do you need to learn about investing? I would give this one out of five. The basics are very simple. I have several videos on my channel explaining basic concepts, such as earning money without effort, the different types of accounts you need to open, and my favorite index funds.
When you become proficient with keywords, you will see that this is simple. Specifically, when investment apps allow you to automate your investments each month. My favorite app for this type is "Trading 212". I contacted them to see if they were interested in funding this section of the video. They agreed, and also offered a free share worth up to £100 to anyone who uses the "Tilbury" token when they create an account and put in at least £1. If you are a beginner, check out the Pancakes feature, where you can see what other people are investing in , and either make your own pancake or copy other people's pancakes.
You can then set it up automatically as much as you like, and your money will be divided among many shares. Secondly, how much money do you need? I would give this one out of five because you can start with at least one dollar. I am not suggesting you put all your money into stocks. Make sure you invest in your side businesses. Thirdly, how easy is it to earn $1000 a month? I would give him one out of five. I don't have to do anything, it's that simple. But it took me many years and a lot of perseverance. In my opinion, investing should always be accompanied by a side business that earns you quick money. Side project idea number 3: building a "Discord" group. This is Chris Peters, who is on track to earn fifteen thousand dollars a month from building and managing the Discord group, and he is 19 years old. I remember talking to him when he was 17. My Discord group had just started and I had no idea what I was doing, and that's about it.
He sent me a message and offered to help me, so I accepted his offer and he completely restructured my group. I still have a free Discord group and I will put a link in the description if you want to join us. Over the years, I've been more and more impressed by Chris's work ethic and quick thinking, so let's just say I'm not making him work for free now. If you didn't know, Discord is, in short, a place where I summarize everything from text and voice to video calls. It started for video game enthusiasts but is versatile and used by all kinds of communities and businesses. There is a huge opportunity, because its use is increasing and there are people who a few years ago had no idea how to manage it.
It is complex enough to confuse a beginner, especially from the older generation, but simple enough for a young person to learn it in a short time. Regarding Chris, he started his own Discord business while he was still in school. Remember to offer a high value before requesting any type of payment. If you do a good job and make yourselves indispensable , you will start to earn a lot. And now, time for evaluations. To begin with, how much time does it take to learn? I would give it two and a half out of five because you can understand the basic groups in a few hours. But to do complex things, it may take more depending on your technical knowledge.
I asked Chris for his best advice on learning Discord skills, and he said it's very important to join several communities. This way you can learn what makes a successful Discord group. Secondly, how much money do you need? I would rate this one out of five. You can start with just a computer. Finding customers, planning effectively, and customizing your Discord service to suit your customers' niche takes time. Previously, you could do all of this on your own. Third, how easy is it to earn $1000 a month? I would rate this one out of five. Look at the numbers. Assuming you found 4 customers and they were regular customers. You will need to charge $250 from each of them. That's $1000 a month. If you can find the right customers, you should be able to charge much more.
The fourth side business idea is online training. This is Jack Jefferson, who decided to leave his $70,000 nine-to-five job in London to pursue his side hustle as a full-time online fitness trainer. It started earning him $7,000 a month. This is only $14,000, more than his entire job in London. Now, he possesses something far more valuable: "freedom". He can now do his side business from anywhere in the world as long as he has an internet connection to be able to follow up with his clients and monitor their progress. Jefferson Training has over 40 clients and is growing even more. I know that not everyone is an expert in the gym, and this field seems a bit narrow.
But note that the title of this idea is not online fitness training, it is online training. This is because there are many things you can teach people online and get the same results as "Jack". From travel to Dubai or Miami, every young rich person I've met comes from the online coaching space. They all have an information product and earn thousands. This is a gold mine. I've started noticing this recently, as most of the millionaires I've met have a real-world product, like me and my remote control prototypes. This truly changes the world . People appreciate online support and expertise. This field did not exist when I was young. Now, regarding the ratings. First, how much time do you need to learn online coaching? I would give this a 2 out of 5, because if you have a skill to begin with, people are willing to pay for it.
All you have to do is learn how to package and sell them. Once you have done this process, you can repeat this recipe again. That's what "Jack" does. He begins with an intensive introductory session to understand the requirements and goals of each of his clients. Then he designs special meal plans, detailed breakfast, lunch and dinner, as well as fitness plans that specify training and rest days. He then follows up with his clients as usual via video feedback. You see how something like this can easily be adapted to many types of training. I think the key to making money quickly is customization rather than simply selling an online course, as people are tired of that.
Secondly, how much money do you need? I would rate this one out of five. All you need now is your computer. Assuming that you possess some kind of skills that you can teach. It might cost a little more if you have to learn a skill. Third, how easy is it to earn $1000 a month? I would rate this one out of five on a difficulty scale. This is easy. People are lazy. Although they are capable of learning these things, they do not want to spend time doing so. They prefer to pay someone to give them the information ready-made. Remember, people pay for comfort. Side project number 5, drawing AI animation. This is "Morsi," responsible for all the animation you see on my channel. He earns between $8,000 and $10,000 per month. This side business is extremely exciting, as artificial intelligence is the biggest thing that could have happened to technology since the internet. Think about how many rich people were made because of it, despite all the fuss.
You might be surprised by the small number of businesses that have already started using it. There are five stages to technology adoption, and they look like this. First, you have the early innovators, who are 2.5 percent of the population. People who are willing to take risks and go against the grain will go and buy the new "Samsung Fold" or "Apple Vision Pro" from their initial release.
Secondly, we have early adopters who make up 13.5 percent of the population. Similar to innovators, they are willing to take risks but prefer to test the product before forming an opinion and suggesting it to others. Third, we have the early majority, which is 34 percent of the people. These are the people who look at product reviews before buying it. They want to see proof that it works before committing to a purchase.
I think we are in the first stage of majority adoption of artificial intelligence. This is attached to the lagging majority, which constitutes 34 percent. Finally, there are the latecomers, who make up a surprising 16 percent. When you reach my age, you will discover that most people in the "late" category like to stick with what they know and do not want to learn anything new. Now, this is the important thing: whether you like it or not, artificial intelligence will be featured in this episode, so let me ask you a simple question. Do you want to use it now or wait until everyone benefits from it and needs to use it anyway? There are many innovative ways to use artificial intelligence, but let me go back to "Morsi".
He uses tools like " ChatGPT" to help him write a text for ideas, then uses "Medjourney" to make them real. Let's move on to the evaluations. I would give it four out of five, although artificial intelligence will relieve you of a lot of effort. Morsi, however, spent months mastering the skill of animation, which helped him gain customers and maintain a flow of money. Therefore, I suggest you master the basic concepts of animation and actively participate in networking in the field to keep sharpening your skills. Secondly, how much money do you need? I would give this one out of five. Because we are in an early stage of the adoption curve, you do not need many tools to differentiate.
When Morsi started his side business, he was able to appear on Andrew Tate's main Instagram story because of some AI artwork he created. This gave him the free publicity he needed to build a strong customer base. Third, how easy is it to earn $1000 a month? I would give this a 2 out of 5, as online content creators are becoming more and more popular.
More money is flowing into this space. Content creators want to stand out by adding animation. This is a great way to make videos look professional. So, start now and get ahead of the late adopters so they can't catch up with you. Side business idea number 6: Reselling luxury items. This is Ben Gallagher, an ordinary young man who started reselling luxury items online as a side business. In 2023, he made £7.2 million through his work at Lux Collective, and has since appeared on Dragons Den, which is similar to Shark Tank, and received an investment from Stephen Bartlett for 3 percent of the liquidity stake. I am proud of how much progress you have made since your appearance on my old recorded interview years ago.
The luxury resale market saw $39.23 billion in 2023, so it's no surprise that Penn has achieved so much success. The growing number of young people is generating a lot of interest in the resale of luxury items, coupled with the culture of social media, thus increasing the exposure of designer brands. Reselling is a side business, since now with the internet, you can sell to anyone around the world, giving you access to a global market. So, let's see the ratings. I would give this 4 out of 5. Ben spent countless hours learning how to spot fakes, learning about the market, and looking for the best buy. Ben is looking for items from brands such as Louis Vuitton, Dior, Chanel and Hermes. Of course, you can imagine that it is important for him to know these things, as one mistake could ruin his company's reputation.
Ben carefully examines every bag, fragrance, fabric, and material, even sending samples to a company in New York, which uses microscopic technology to examine the detailed structure of the materials used. So, if you are passionate about designer items and willing to spend time learning all the details, it is worth it. Second: How much money do you need? I would give this 3.5 out of 5, as there are many designer items that are really expensive. I mean, some of these bags cost up to $30,000, and that's the price of a used one. Many of these high- quality bags retain their value. I mean, this is a stock market for designer handbags. Perhaps that's why my son Curtis bought so many bags for his girlfriend, or maybe he just likes her. But you don't have to start with things like this. You can choose reasonably priced products and build your way up. You don't have to pay for marketing, as you can use social media platforms to grow your customer base for free.
I mean, Ben found a goldmine on TikTok when he started posting fashion content and has over 1.6 million followers. Third: How easy is it to earn $1000 a month? I would give this 1 out of 5, as you are dealing with luxury goods, the profit margins can be very nice. Combine this with middle selling and you can earn this type of money with one purpose. The tricky thing about this side business is getting the initial money to start, which is not something you might worry about with online writing. This is "Adam," who earns over $10,000 from writing online. He is not writing the next "Harry Potter" or "Game of Thrones". This type of writing does not generate a good income until your work is published and becomes famous, which is a one in a million chance for most writers. "Adam" writes instead on the internet where there are people. He started by writing blog posts about his travels to earn money without effort and to live anywhere in the world.
This prompted him to work as a copywriter for major influencers. He got one client, and that led to another, and so on. He told me that when he offers his services, he tries to be personalized and does it in a way that no one else can. There will be someone cheaper than you, but not always someone more expensive. Find a client who can afford professional work, then offer services worldwide.
Words can make you sound smart or the opposite, depending on how they are used. That's why businesses hire advertising copywriters. In practice, sales agents. But with the texts. People need professional writers for all things. Everything from TikTok texts to threaded posts on Twitter, content is king, and the credit goes to the writer. First: How much time do you need to learn to write? I would give this 5 out of 5, as writing is one of the hardest things to do, not physically, but mentally. Specifically, on this day and in this era, it is easy to be distracted by notifications. To become good writers, you need to reach a state of flow, and then you can concentrate for a long time. This is a dying skill. The declining quality of our films and television programs can be attributed to the inability of new writers to concentrate. So, if you want to become a professional, you can earn huge sums of money.
Second: How much money do you need? I would give this 1 out of 5, as frankly you need the bare minimum, since a cheap phone will do the trick. This is a great side hustle for people who want quick cash without worrying about upgrading their equipment. Third: How easy is it to earn $1000 a month? I would give this 1 out of 5, since when you master the art of selling online through your writing, you can earn huge numbers. I'm talking about $500 an hour in most cases, and this depends on your ability to build knowledge, your skill with words, and your writing speed. Some people charge $50,000 for a single webpage. You might be wondering, why all this? Well, that depends on the value. If you were paid $50,000 for the website and generated monthly sales profits of $200,000 to $400,000. Do n't you think it's worth the effort? It's all about access, making rich customers richer and then asking for your share of the pie.
If you want a side hustle idea, you can check out the following video, where I test a popular side hustle called "print on demand," but don't press it. Make sure to subscribe if you want to grow your wealth. Okay, see you there..
