7 Side Hustles Ideas to Make $1000/Month
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00:00In this video, I'm going to break down seven different side hustle ideas that you can start
00:03this year to the point where you're hopefully making an extra $1,000 a month. And for each
00:07of them, we're going to talk about how easy it is to get started. Secondly, how easy it is to make
00:11your first $100 from it. And thirdly, how much time and effort it takes to keep things going
00:15once you've gotten started. And then afterwards, I'm going to talk about what I would personally
00:18be doing if I was say in my early 20s and trying to make some extra money and how I'd be applying
00:22these principles to my own life. Part one, the philosophy of side hustles. Okay, so let's start
00:26by zooming out a little bit and thinking critically about what we're actually trying to do
00:30here. So what is a side hustle? What is the point of doing the side hustle thing? Well, firstly,
00:34very few people would say no to an extra $1,000 a month coming in. Even an extra few hundred dollars
00:39a month coming in would be really helpful for a lot of people. Having more money is generally a
00:42good thing because it unlocks autonomy, it unlocks freedom, it lets you buy more things, if you're
00:45interested in that, it lets you unlock more experiences, and it lets you basically have a
00:49little bit more control over your own life. So how do you actually make this extra money that you
00:53want coming in? Well, one way is to try and get a raise at your day job, but we're not going to
00:56talk about that because this video is about side hustles. The other way is of doing a kind of old
00:59school side hustle, which is actually just called a second job. Like for example, let's say I wanted
01:03to make an extra few hundred quid a month, I could get a job at the local kebab shop down the road,
01:07and that's all well and good because I could be making, I don't know, £10, £12 an hour or
01:10something like that working at the said kebab shop. But there's a few issues with me trying
01:13to use that as my side hustle or second job. Firstly, there is a cap to how much money I
01:17could be getting paid working at the local kebab shop. Secondly, working at the local kebab shop
01:20is probably not very fun. I'm a big fan of kebabs, I love it, but even then it would probably become
01:24kind of boring after a while. And thirdly, and most importantly, it would tie me into more shift
01:28work. Let's say I've got a day job and then I'm doing the kebab shifts in the evening, I have to
01:32show up at a particular time. I don't have autonomy over my time and I don't have the flexibility in
01:36being able to work when I want. And so these factors mean that working at the local kebab shop
01:39I would call less of a side hustle, although you can use that terminology if you want, I would call
01:43it more like a second job. So when we say side hustles, what do we generally mean by that? A
01:46decent side hustle should tick three boxes. Firstly, it should allow you to make more money
01:51than you would be working at a local service job. Secondly, it should be something that you
01:54actually enjoy doing, where ideally it wouldn't necessarily feel like work. It wouldn't feel as
01:59if you have a second job that you're toiling away at just to make a little bit of extra cash.
02:03It would be something that actually fulfills you creatively. And thirdly, and perhaps most
02:06importantly, it would be flexible. You wouldn't be tied into a certain shift pattern. You'd be able
02:10to work broadly where you want and when you want. In this video, we're going to break down seven
02:14different things that you could do that tick all three of these boxes. But there's one final thing
02:17that we need to understand before we go forward. And that is the law of making money. The law of
02:21making money basically says that money is an exchange of value. If you want to make money,
02:25you need to provide value to people who are willing to pay you for said value. Now, this
02:29is a mistake that I see a lot of people making all the emails I get from people asking, you know,
02:32how do I make money on the internet, all this kind of stuff. But like in order for you to make
02:35money, someone needs to someone needs to give you that money. You can't just make money. Money just
02:39does not grow in trees. It doesn't just appear magically in your account. Someone has to actually
02:43want to pay you in order for you to get that money into your account. Like for example, when you buy
02:47a $3 coffee from Starbucks, you're paying Starbucks $3 or whatever it is, and then you're getting a
02:51coffee in return because you perceive that that value the coffee that you're getting is worth the
02:55$3. The $3 is coming out of your personal account and going to Starbucks. Similarly, when you are
02:59making money on the internet, it's easy to think of the internet as like magical internet money. Oh,
03:03if I make a YouTube video, just make money for free. But like that money is coming from someone
03:07in the case of YouTube, it's coming from advertisers. And the people that would say
03:09that making money is fairly easy are the ones who understand that it's an exchange of value.
03:13And there's a fairly simple formula for this. And if you can understand the formula, then
03:17you probably hopefully shouldn't really struggle with making money. And that formula is firstly,
03:21you just need to learn a skill or get good at a skill that people are willing to pay for.
03:25And then secondly, you just need to find people who are willing to pay for that skill. And so
03:28if you can just do those things, learn a skill and then find people who are willing to pay you
03:31for the skill, then you won't really have a problem with making money. And so hopefully
03:34you're going to see as we go through the rest of this video that the seven different ideas we're
03:37talking about here are all about building a valuable skill and then finding people to pay
03:40you for that skill. So let's get started. Side hustle idea number one, become a writer for
03:45businesses. Very, very broadly, there are two types of businesses, there's a B2C and there's
03:49B2B. So B2C is business to consumer, and B2B is business to business. Basically, everything
03:54you're familiar with is going to be B2C, business to consumer. So for example, YouTube is B2C,
03:58like most mostly it's consumers who are watching YouTube. But actually, the way YouTube makes money
04:02is B2B, they're selling a service to advertisers, they're selling to other businesses. And it's
04:07worth understanding this distinction, because by far the easiest way to level up your ability to
04:11make money is to start thinking B2B, rather than B2C. It's to start thinking what are the services
04:16that I can offer to businesses, rather than how can I make money for my friends and colleagues,
04:20because your friends and colleagues probably don't have money to spend. It's like if you start
04:24imagining like, what value can I add to my, my friend, it's like I could become a cleaner for
04:28them, maybe that's B2C. But if you start thinking what value can I add to local businesses or
04:32businesses on the internet, now it just massively increases the scope of things that you can do to
04:36make money on the internet. And the first major category of services that you can offer to
04:40businesses is writing. Writing is one of the top things that basically every business in the world
04:44is looking for. It could be a local business like your local accountant or your local dry cleaner,
04:48it could be an internet business like software and all this kind of stuff. It could be creators
04:53like me and other YouTubers, it could be authors, it could be podcasters, like almost every business
04:58that you'll ever come across will have a need to hire writers to do some kind of writing. Now one
05:02of the main ones here is content writing. So for example, businesses will have a blog often, and on
05:06that blog, they will post articles about their particular industry, and they're hoping that by
05:09posting enough articles on their website, they'll get decent search engine optimization, SEO, and
05:13then more people are going to go on their blog, and then they'll stumble across the business,
05:16and then that will increase the sales or the leads for the business. And this is a great niche to get
05:20yourself into because it's very valuable for a business to have someone competent being able to
05:24write articles for them. B, they absolutely recognize the value of this and they will pay
05:27for the service. And C, it means you can just write, you can write about topics or businesses
05:31or fields that you're genuinely interested in. And generally, when you're doing something that
05:34you have an inherent interest in, that you actually enjoy writing about, it's going to become
05:37way easier and it's going to feel a lot less like work. The other major category of people who need
05:41writers is any kind of creator. We hire a bunch of people to do research and writing for our videos
05:46or for social media or for our website or for our courses and tons and tons of stuff. Every other
05:50creator that I know who's making money, i.e. who's treating their creative thing like a business,
05:54also has a massive requirement for writers. And so if you want, you can make money by working
05:58with your favorite creators and helping them write content. I know people who charge a thousand
06:02dollars for a single script for a YouTube video. So if you can find a creator that needs that kind
06:05of service, you can make some pretty good money doing that thing. There's another mistake that
06:08people make here and they think, okay, cool, I'm going to be a writer, therefore let me advertise
06:12my services on a freelance website like Fiverr or Upwork or Peoplepower or something like that.
06:16And I would normally say that that's a pretty bad idea because if you're on these freelance websites
06:20where there are 50,000 other people offering the same service, you're already kind of on the back
06:24foot because how is someone going to find you out of these other 50,000 people? Instead, what I'd
06:28recommend is what Jack Butcher calls the permissionless apprentice model. So basically you do work for
06:33people for free without them asking you to do it and you just then email them and show them the
06:37work that you've done. And so for example, if I was thinking, how do I make money as a writer,
06:40I would basically go to my favorite YouTubers, the ones whose content I watch anyway, and that
06:44certainly doesn't feel like work, and I would just write a brand new video for them completely
06:49for free. That would be a good way for me to a. improve my own skills and b. boost up my own
06:53portfolio and c. once I've written a script for them in a Google Doc or a Notion page or whatever,
06:57I would send it to them with an accompanying video that says, hey, I've written this for you
07:00completely for free. If you like it, feel free to use it. And if you want more things like this,
07:05then, you know, let's let's chat and, you know, we can talk about working together for the long term.
07:09And I would do this for a handful of my favorite YouTubers. And I can basically guarantee that at
07:12least one of them are going to reply, assuming my script is good with, oh, my God, this is
07:16incredible. You've really nailed the script and exactly what my style would be. And therefore,
07:20I want to hire you. All right, so something like this, how easy is it to start? And actually,
07:23especially these days, with the advent of AI artificial intelligence enhanced writing tools,
07:27it's actually becoming way easier to be a writer than it used to be when you had to type all the
07:31words out yourself. So often being a decent writer these days is just about being able to use the
07:34appropriate AI tools to create your first draft, then being able to edit that first draft to see
07:38what sounds good and what's in the style of the people that you're trying to work for. How easy
07:42is it to make your first hundred dollars? Again, I would say it's a little bit harder than just
07:45getting started because you have to now find people to pay you. But if you're using this
07:48permissionless apprentice model, if you're not trying to stand in the queue of 50,000 people on
07:52Fiverr trying to get hired, but you're but you're instead actively reaching out and working for
07:55free for people that you actually want to work with, I would say, probably within a few weeks,
08:00you probably land your first client, and then that'll probably pay more than $100. And now
08:03you've made your first hundred dollars. And then how much time and effort is it to keep going?
08:06Well, the issue with writing is that you are kind of trading your time for money,
08:10because you do have to do the work of actually writing being to then get paid for it. But
08:13actually, these days, if you use AI tools appropriately, then you can probably massively
08:17leverage your own ability to write stuff. And then also further down the line, once you've had
08:21experience in writing, you can then start creating your own assets, you can make your own ebooks or
08:25your own courses, your own products. And now that is a thing that then decorrelates writing from
08:29the amount of time you're spending on it. And it then becomes a way of leveling up this particular
08:33side hustle, and maybe making a more of a passive income stream out of this writing stuff. Side
08:37hustle idea number two, becoming a sales copywriter. Basically, anytime someone wants to sell
08:41something, they will have a page that gives you the information about their product. For example,
08:45if you look on Amazon, any product will have some copy, sales copy, some writing that's trying to
08:49sell you the product. If you look at any online courses or any products on the internet, like
08:53basically everything will have some level of sales copy associated with it. And so if you're looking
08:57to make some extra money through a side hustle, and you're interested in, for example, writing
09:00and sales and marketing and psychology and persuasion and this kind of stuff, you can
09:04actually fairly easily and fairly quickly become more of an expert in the field of sales and
09:08marketing. You could read a few books like Russell Brunson's expert secrets trilogy, you could read
09:13Alex Hormozy's hundred million dollar offers, you could read a book by I think Jim Stevens called
09:17copywriting secrets. And with a handful of books, you would become way more knowledgeable
09:21about sales and marketing generally and about copywriting in particular, that you probably
09:27know way more than any business that's trying to hire you for the service. And the nice thing about
09:30sales copywriting is that generally the return on investment for a business is fairly obvious.
09:34Like if someone emailed me, and they did the permissionless apprentice model, and they saw that
09:38my part time YouTuber Academy has a sales page. And because of their knowledge of sales and
09:43marketing and copywriting, they would know that my sales page is under optimized. If they were to
09:47just send me a Google Doc being like, hey, I'm a sales copywriter, I've rewritten the first half of
09:51your landing page for you, feel free to use it, but I'd love to work with you. I would immediately
09:55say yes, absolutely. I'm going to hire this person. Because for me, if I can improve the conversion
09:59rate on my sales page by even 1%, that directly translates to bottom line profits. And therefore,
10:04it's a lot easier for me to justify the expense of hiring a sales copywriter for that thing. And
10:08the thing with all of these things that once you've got one paying client, it's big, it becomes
10:11a lot easier to land other paying clients, because word of mouth recommendations in the world of
10:15business are just huge. And generally, if we work with a with a freelancer, or someone who's really
10:20good, then I will know 10 to 20 to 30 other people who need that service. And I'd be recommending
10:24that freelancer to those other people as well. Because generally, business owners hang out with
10:28other business owners, big YouTubers hang out with other big YouTubers. And generally, the problems
10:32that one of those has is the same as the problem that all their friends have. So really, all you
10:36have to do is get your foot in the door, get your first paying client, get a testimonial from them.
10:40And then what are math recommendations mean that you probably won't struggle to find clients in
10:43the future. Again, assuming you're good, all of this has to be on the presupposition that money
10:48is an exchange of value, and you have to actually be good at the thing. So how easy is sales
10:52copywriting to start? Well, it's not that easy, you kind of have to be good at the skill, which
10:55means you do have to do a little bit of reading. But hey, in about a month, you can read all these
10:59five books that I've mentioned, they'll be linked down in the video description. And then now all
11:02you have to do is do a little bit of practice. And you can do that practice permissionlessly,
11:05like you don't have to wait for permission for someone to be like, hey, yes, I want you to
11:08redesign my landing page, you could just do it. And you could see if you enjoy it and your skills
11:11will just naturally improve over time. Secondly, how easy is it to make your first $100? Honestly,
11:15pretty easy. Sales copywriting is such a standard. It's just so easy to reach out to a business and
11:20say, hey, I've improved the copy on your landing page. Do you want to hire me to improve the copy
11:24on the rest of your website? And they'll probably be like, hell yeah. And now you've landed your
11:27first client. And then thirdly, how time intensive is it to do? Well, actually, I think it's less time
11:31intensive than content writing. Because to be honest, once you get good at sales copywriting,
11:36you find that the formula is kind of the same for any sort of business, you describe the problem,
11:40you agitate the problem, you provide a solution, like there's a formula that you can read in,
11:44for example, copywriting secrets of the book. And if you follow that formula, you can often copy and
11:48paste things between different clients, and you just become better at the skill over time.
11:52So you know, your 10th and 20th client will take a lot less time than your first or second client.
11:56So broadly, I would say it's not too bad in terms of ongoing time and effort. Side hustle idea
12:01number three, become a thumbnail designer. So we're not talking about design as a service,
12:05we've talked about writing as a service. Now it's a design as a service. And one very easy design as
12:09a service that every single YouTuber needs is a thumbnail designer. As YouTubers, we know how
12:14important thumbnails are. And so if you can actually get good at the skill of making thumbnails,
12:18which is again, not too hard, you just follow some tutorials on the internet about how to use
12:21Photoshop. And over time, you'll develop an eye for what decent thumbnails look like. Then again,
12:26you can follow the permissionless apprentice model. And then you can email them and say,
12:29hey, I really enjoy your work. I've been watching your channel for a very long time. I'm a thumbnail
12:33designer. So I thought I'd redesign some of your thumbnails for you. Feel free to use them if you'd
12:36like. And if you'd like to hire me, if you like what I've done, and you'd like to hire me, then
12:40do please get back to me and we can talk. I have actually mentioned this point in a couple of
12:42videos in the past. And I have had maybe five people out of the 3 million people or 15 million
12:48people that watch these videos, I've had about five people email me with be like, hey, I would
12:52love to be a thumbnail designer here. Here are a few thumbnails. Unfortunately, all five of those
12:56have just like the thumbnails have not been very good. And we've a b tested them. And they just
13:00haven't performed as well as thumbnails that I could make myself. That's like five people out of
13:04several million people have watched the videos. And I'm literally saying anyone can email me and
13:08redesign my thumbnails, I will literally hire you if your thumbnails are good. So only five people
13:11have done it and none of them have been good. So again, this is a thing of like exchange of exchange
13:15of value, you have to actually be good at the thing that you're trying to do. But the way you
13:18get better at the thing you're trying to do is by just doing lots of it, doing it permissionlessly.
13:22And then over time, you can iterate and get better at this graphic design stuff. So how easy
13:25is it to get started with this? Well, I say it's kind of hard because you have to learn graphic
13:30design. And you have to have an eye for kind of aesthetics and taste and just be familiar with
13:34YouTube. But if you're the sort of person who watches a lot of YouTube videos, which I hope you
13:37are, if you're if you've gotten to this point in this video, then maybe you'll just have more of a
13:41an inbuilt appreciation of thumbnail aesthetics than other people do. Secondly, how easy is it
13:45to make your first hundred dollars? Well, honestly, if it were me, I would pay 200 to 250 pounds GBP
13:50for a decent thumbnail for one of my videos. I know someone who pays $1,000 for a thumbnail for
13:56one of his videos. You know, the lowest I've seen people pay for thumbnails is like 30, 40,
14:0050 pounds, which is again, quite a lot, considering that it sometimes only takes maybe 20 minutes or
14:04half an hour of work to create a thumbnail. And especially if you're from a country where the kind
14:08of purchase price parity is very different to the GBP, then that's a lot of money that you can make
14:12for a very small amount of work. Again, provided you're actually good at the thing. And then thirdly,
14:16how much time and effort does this take to keep going? I would say actually, a moderate amount,
14:20you do have to make the thumbnail specific for every video. But over time, as you work with
14:23specific clients, you will you kind of get an idea of their style, like the thumbnail designer who
14:28works with me now it takes it doesn't take very long for him to make the thumbnails for the videos
14:32because we kind of have a house style. It's usually a smiling photo of me. And then there's usually
14:37some icons and maybe some text. And that actually maybe takes like 1020 minutes to put together.
14:40Whereas initially, it would have taken maybe several hours if you were trying to design
14:43thumbnails completely from scratch for every single client. So in a moderate amount of effort
14:48over time, side hustle idea number four, become a website designer. Now being a website designer is
14:52actually how I got my own start when it came to making money online as a side hustle. I was 13
14:56years old, I was in school, but in the evenings and on the weekends, I'd be doing freelance web
15:00design for random small businesses that would meet on some freelance website. And this was how I made
15:04my first kind of several $100 on the internet. And again, this is thing of that there are 1000s
15:08and 1000s of web designers out there. It's just that a they're either not very good or be just
15:12bad at marketing their services to the right people in the right format. Like if you go to
15:16Fiverr, you'll see 10,000 examples of web designers. But that's again, like if you're if
15:20you're on Fiverr trying to sell your services, you're probably doing it wrong. And instead, if
15:24you follow the permissionless apprentice model, and interact with people on Twitter and on LinkedIn,
15:28and these platforms where people who have money are congregating and are willing to pay money for
15:32services, you'll generally have a much better time of trying to land work. Now one of the guys that
15:36we work with for our website is called Henry. And in the pandemic, within about six months,
15:40he taught himself how to design websites. And he built his own personal website that looked
15:44absolutely amazing. It looked like the like one of the sales pages for an Apple product. And so he
15:48reached out to us and said that, hey, he likes he likes the stuff he would like to do some web
15:51design for us. And I looked at his website, and I was immediately blown away. I was like, Oh my god,
15:55this guy clearly knows what he's doing. Of course, I want to hire him. Because again, every business,
15:59every creator who has a website, every business under the sun, will always be thinking about how
16:03do I improve my website, because they know that their website is really important for their
16:07business branding and for landing sales for their products. And so we hired Henry. And now we've
16:10paid him several, I think over 10k plus over the last like year to help redesign some of our
16:15websites. Like he previously had a job, he didn't enjoy the job very much. And he decided, you know
16:18what, I'm interested in design, I like the idea of making websites, I'm just going to teach myself.
16:22And through just watching YouTube videos and taking a couple of courses online, he taught
16:25himself web design, to the point that he can now charge $10,000 for every website he makes for a
16:30client. If you don't know how to make a website, I have a video about it linked over here somewhere.
16:33So how easy is this to start? I would say it's pretty easy to start because it's not that hard
16:38learning how to design a website. All you have to do is decide is this the thing you want to do
16:41and then watch a few YouTube tutorials and then practice and then build up your portfolio over
16:45time. How easy is it to make your first $100? Again, not overly hard. Again, if you follow
16:49the permissionless apprentice model, if you're not trying to queue up with 50,000 other people
16:53on Fiverr, and you're instead actively reaching out to companies or creators or businesses that
16:57you like, and maybe doing a little bit of a free design for their homepage initially and saying,
17:02hey, this is what your website could look like. I'm a web designer, I'd love to work with you.
17:06Let's hop on a call and talk about it. It shouldn't be too hard to land your first client.
17:09And then thirdly, how much time and effort does this take to maintain over time?
17:12Again, it takes a lot of time and effort initially as you start doing the thing.
17:16But then there are plenty of people I know who just do freelance web design by designing sites
17:20on WordPress. And once you've made one or two sites, you can often copy and paste the settings
17:24and the appearance and the theme on any other side that you use and just tweak a few little
17:28bits of it. Side hustle idea number five, become a short form video editor. We've talked about
17:32writing, we've talked about design. The other major thing that basically every business under
17:36the sun is now looking at is video, and in particular, short form video. With the whole
17:40TikTok thing, with the whole Instagram reels thing, with the whole YouTube shorts thing,
17:43basically every business that I know are trying to get into video production and video making
17:47because they know that that's a way for them to generate more organic traffic for their business.
17:50Now, I want to show an example here of a Twitter DM that this guy Juan Gomez sent to my friend
17:54Dickie Bush, who runs a ship 30 for 30. This guy says, I spent about 20 minutes crafting a DM. I
17:59wanted to demonstrate competence and relatability. I wanted to make sure I took on all the risk,
18:03not Dickie. And here's the DM I sent. Hey Dickie, I saw your YouTube thread and was super encouraged
18:06by your approach. Love the fact that you're building in public. I've been receiving tremendous
18:10value from your content and would want to return the favor in some way. If you're ever in need of
18:13a video editor, shoot me a message. I've worked as a video videographer editor for two years and
18:16have over 200 videos of experience. I really connect with the topics you talk about and would
18:20love to help you grow your channel. Offer, I edit your next three videos for free and you decide if
18:24you want to work with me or not. Let me know if this is something you'd find interesting. Cheers.
18:27Now this guy from sending this DM and from like taking on all the risk himself and offering to do
18:32these next three videos completely for free, not quite following the permissionless apprentice
18:35model in that he didn't do the work up front. He asked Dickie if he wanted the work done because
18:38he would need to send him the raw files to edit. He ended up landing a job with this very high
18:42paying client whose work he enjoyed where doing the video editing for Dickie Bush doesn't actually
18:46feel like work to Juan. And I think a DM like this is something that so many people could learn from.
18:50Again, I get a handful of emails every single day from people pitching me on services. None of them
18:55are like demonstrate the competence and the relatability and the reliability of a message like
18:59the one that Juan sent to Dickie. And I think that's a shame because clearly there are all
19:02these people out there that want to make money, that they want to do creative stuff that gives
19:04them flexibility and autonomy, but they don't realize like how to sell the service. It's like
19:08you could be really good at video editing, but if you suck at being able to communicate that value
19:12proposition to someone else who's willing to pay you for that service, then you're never going to
19:15land the work in the first place. So how easy is this to start? Well, you actually have to learn
19:19video editing. It's not that hard. You can take my own Skillshare class on how to edit videos.
19:22It's free, link down below if you want to check it out. And in a weekend, you can learn how to edit
19:26videos to a reasonable standard. Secondly, how easy is it to make your first $100? Again, I don't
19:30think it's very hard at all. I think if you have just a reasonable amount of communication skills
19:36and some sort of portfolio and some ability to actively reach out to the people that might be
19:40hiring you, it's really easy to make your first $100. Again, if you're trying to stick yourself
19:43on Fiverr and then kind of compete with 50,000 other people for video editing, it'll be really
19:47hard to make your first $100. But if you do it right, if you connect with the appropriate people
19:51on Twitter and LinkedIn and email, rather than trying to go on freelance marketplaces,
19:55it'll be super, super easy as a video editor to make your first $100. And then how much effort
19:58does it take to keep going? Well, unfortunately, quite a lot. Video editing is one of those things
20:02that it does take a large amount of time. And as you get better at it, and as you develop assets
20:06and transitions and templates and stuff, you can get a little bit faster at it. But it is
20:10fundamentally a thing that requires work. And so if you really wanted to level up this particular
20:14side hustle, you could then form a sort of agency model, you could hire other video editors
20:18underneath you, like junior editors who would do the initial cuts and that kind of stuff. And then
20:22you could be the person doing the final cut and presenting that to the client. And now you're
20:26kind of building your own agency, which is a different sort of way of doing a side hustle,
20:28but something we're going to be talking about in future videos. Now, once you've used all these
20:31side hustles to make this extra money, you're probably going to want to invest said money.
20:35And that brings us to the sponsor of this video, which is Trading212. Trading212 is a fantastic
20:39app that lets you trade completely for free in terms of stocks and shares and foreign exchange
20:43and ETFs. Now what's great about Trading212 is that they've got a practice mode and a real money
20:48mode. The practice mode lets you invest like fake money in the markets. So the markets are actually
20:52what's happening in real life, but you're not investing any real money. You're just sort of
20:55investing pretend money. So if you're new to the world of investing and you feel it's a little bit
20:59daunting to play with real money, then you can absolutely try it out in practice mode. And then
21:02once you're ready, it's super easy to deposit money into the account using Apple Pay or using
21:05a credit card or using what I use, which is a secure connection to my bank directly. So with
21:09one tap, I can just deposit funds into my Trading212 account. And because they allow you to
21:12invest in ETFs, exchange traded funds, like the S&P 500, it means you don't necessarily even need
21:17to pick individual stocks, which is generally something that I usually advocate against. You
21:21can just invest in these broad market index funds. And I've got a whole video on exactly how that
21:25works if you want to check it out to learn a bit more. They've also got some pretty cool auto
21:28investing features. So if for example, you don't want to invest in lump sums, which is generally
21:32what I do, you can instead invest a certain amount of money every month or every week. And you can
21:36automatically insert that into different pies. So for example, you could have half your portfolio
21:40as the S&P 500. And maybe you could have the other half of your portfolio being the Vanguard
21:44All World Index Fund. Now, obviously, as with all investments, your capital is at risk. And while
21:48your investments can rise, they also might fall. And so depending on when you withdraw money, or
21:52depending on how you play the markets, as it were, you might well get back less than you invested.
21:56But hopefully, if you follow the strategies and generally invest in broad market index funds,
22:00using an app that's very secure, that's very legit, and that's easy to use, then hopefully,
22:04we'll over time get to a decent result. Also, if you're based in the UK, you can open your ISA with
22:08Trading212, the individual savings account, which allows you to invest 20,000 pounds a year completely
22:13tax-free in this wrapper. And within the ISA, you can then invest in whatever index funds or ETFs or
22:17stocks and shares, if you're choosing to do stock picking that you like. Anyway, if you want to
22:20check it out, then all you have to do is download the Trading212 app. And you can get that on iOS
22:24and also on Android. And they've also got a web app as well. And if you use the coupon code Ali,
22:28A-L-I at checkout, that will give you a free share that's worth up to 100 pounds.
22:32Side hustle idea number six, become a solopreneur's second pair of hands. All right, so this is quite
22:37a fun one. This is not quite a creative skill. But again, generally, if you know that there are
22:42people out there who you would like to work for, let's say you follow YouTubers or streamers or
22:45businesses or whatever, you can send them an email and offer to be their second pair of hands.
22:50Sort of a cross between an operations manager and a personal assistant. So James Clear, for example,
22:54who is the ridiculously best-selling author of Atomic Habits, which you might have read,
22:57only has one other person on his team. And this person is his right-hand man who does all of the
23:01stuff, sort of like a personal assistant slash virtual assistant slash helping him with all the
23:05content he wants to make and like helping him book his conferences and going through his emails.
23:10And for that person working in that role, they get to work with James Clear. And that's like a
23:14pretty cool place to be. And they get to be basically running the operations of this
23:17multi-million dollar business that he's got going on with a small team of two people. And that's
23:21pretty fun. It could start off as a part-time side hustle and then it could absolutely become a
23:24full-time thing if you're into that kind of stuff. Similarly, you might be familiar with Elizabeth
23:28Phillips, who used to be my part-time personal assistant for like, you know, a few hours a week.
23:32And that was how she got into this world of content creation and stuff. And then by virtue of being
23:36my part-time personal assistant for a few hours a week, she realized that, oh, this YouTube stuff is
23:40a thing. And she helped out with our YouTuber Academy. And now she's like, you know, massive
23:43YouTuber, several hundred thousand subscribers, making loads of money through that. And really
23:46doing this sort of personal assistant, operations manager, side hustle, part-time thing can unlock
23:51a lot of interesting opportunities further down the line that you just wouldn't even have realized
23:54even existed if you hadn't done the thing. Right, so how easy is this to get started? Honestly, I
23:58think it's super easy. Again, all you have to do is have the appropriate amount of communication
24:01skills to be able to email or DM someone and take on all the risk yourself. The thing that Elizabeth
24:05did, which was really good when she initially reached out to me on Instagram, was, hey, I'll be
24:09I'll be your part-time PA for a month, personal assistant for a month. You don't even have to pay
24:13me and we'll just see if it works out. I ended up being like, no, I'm going to pay you anyway because
24:16I felt bad. But if you can take, if you can demonstrate taking on all the risk yourself,
24:20it becomes very easy for the person hiring you on the other end to say yes to that without having
24:24to think too hard about it. Secondly, how easy is it to make your first hundred dollars? Again, pretty
24:28easy once you've found the right client and you've actually reached out to them and you've gotten
24:31your foot in the door and you that you're then demonstrating that you can add value to their
24:35stuff, then it's pretty easy to make your first hundred dollars. But unfortunately, this is quite
24:39a time intensive job. Usually personal assistants and stuff are paid by the hour rather than by
24:43outcome. And so you're always kind of tied to a particular hourly return on your time. But
24:47hopefully what will happen is that as you become more and more valuable to the business that you're
24:50working with or working for, then they might bring you on as a full-time employee or someone on a
24:54retainer. And now maybe you've even got the option of quitting your day job because this pays better
24:57and it's way more fun and gives you way more flexibility. Side hustle idea number seven, one
25:01man video production agency. So we've talked about how basically every business is looking to get
25:05into video and we talked about being an editor for short form content on YouTube shorts and Instagram
25:09reels and TikTok. But actually relatedly, every business is looking for video, whether it's the
25:12local accountant or the local orthodontist or the local plumber or if it's like a software product
25:16or if it's a creator, everyone is looking to make more videos. And so if you can as a side hustle
25:21be a sort of one man media agency, one man content video production machine, you can offer a really
25:26valuable service for businesses. And it's also kind of fun doing that. For example, Gordon, the
25:30videographer that we work with, used to be a freelance videographer and sort of did this thing
25:34for several years where initially he would find clients in the health and fitness space because
25:38he was inherently interested in that. He'd make videos in that space completely for free and then
25:42he started landing paid clients. And then he was being flown to all these like ridiculously cool
25:46kind of world championship bodybuilding and powerlifting competitions. And he was doing the
25:50video production, the videography, the editing, the storyboarding and everything for these clients.
25:54And he turned himself into this one man media powerhouse, which has meant that he unlocked tons
25:59and tons of opportunities for working with really cool people and traveling around the world and
26:03actually doing it with some amount of flexibility and autonomy. You could reach out to software
26:06products that you like that maybe don't have compelling videos on their YouTube channel and
26:09you could offer to make YouTube videos for that software company. And they'd probably say, hell
26:13yes, because software companies have a lot of money and they know that they can land more organic
26:16traffic to their product through video. And so if you can become their YouTube channel producer and
26:21help make videos about their app, now that's a super easy way of making money as well. And there's
26:25tens if not hundreds of thousands of these software companies that have enough money that
26:28have really high margins that don't do video, that would love to do video, where there's such a huge
26:32gap between where they want to be and where they currently are, where all you have to do to bridge
26:36that gap is just learn the skill of doing video, learn how a camera works, learn how to take videos
26:40with your phone, learn video editing by following my Skillshare class, whatever you like. That's like
26:45video is such a massively underrated service these days where there's so many businesses that want it
26:49and there are relatively so few people that can offer that service. Maybe this will change 10
26:53years from now, but right now we're in an incredible era where there's just so much
26:57demand for this thing and not enough supply of it. I know a bunch of people who have, who are making
27:02side hustle and also full-time income money as video editors and video producers and videographers
27:06and they keep on getting more and more and more clients to the point where they don't have enough
27:10capacity to actually do the work. And they're trying to find other people, but they always say
27:13it's really hard to find a good editor, it's really hard to find a videographer who's actually good.
27:17How easy is it to get started by being this one man media production agency? Again, not very hard.
27:22You can start by filming videos on your phone, you can start by reaching out to local businesses
27:25and you can use those as free examples to hone your skills and also get better at the act of
27:30kind of selling your services. How easy is it to make your first $100? Again, not that hard because
27:34generally if you're targeting a local business and they have money, which almost by definition
27:38they do because they are a local business, they will generally see the value of having decent
27:42videos on their YouTube channel or on their Instagram page or on their Facebook page or on
27:45their website or whatever. But it does take a reasonable amount of time and effort to continue
27:49with this sort of thing. But again, you know, if you're interested and if this becomes something
27:52that you do over the long term, you can turn it into an agency model if you really want. So those
27:56were seven different side hustle ideas. I'm just going to share what I would personally do if I was
28:00in my, let's say, early 20s and I was trying to make money. For me, I would go down probably the web
28:05designer route because I was always inherently interested in that. I kind of did it when I was
28:08young a little bit. I'm kind of out of date with the latest kind of tools and processes and how to
28:12use Webflow and Framer and stuff. But it wouldn't be too hard for me to learn to teach myself web
28:16design, to be able to use these tools. And then I would reach out to all of my favorite creators,
28:21firstly, and all of my favorite software companies and apps that I use on my phone.
28:25And any who don't have a good website, I would say I would offer to make them a website and I'd
28:29offer to make the first few pages for free. And then I'd get testimonials and then I'd be using
28:34that permissionless apprentice model to then be able to find other people who are willing to pay
28:38me for my service. And I'm pretty confident that I'd be able to fairly easily make six figures a
28:41year from just doing web design by virtue of finding the right people and by virtue of being
28:45good at the skill. Right, so hopefully this video has given you a few ideas on what you can do to
28:49make side hustle income online, maybe get to this $1,000 a month point, which could be quite fun.
28:53But if you're interested in potentially becoming a digital nomad and making this more of a full
28:57time thing, then you might like to check out this video over here, which is my guide to how to make
29:01money online to get to the point where you're making $3,000 a month and you've got fun, freedom
29:04and flexibility to be able to do it on your own terms. So check out that video if you like. Thank
29:08you so much for watching and I'll see you in the next video.