How I made $10,000 as a STUDENT (and how you can too) πΈ
How I Made Over $10,000 Without Social Media or Day Trading
My Journey to Freelancing
- The speaker shares their experience of making over $10,000 through freelancing without relying on social media, day trading, or affiliate marketing.
- Initially broke as a student in 200 level, they tried various income streams including forex trading and network marketing but faced significant losses and trust issues.
- After multiple failures in forex and network marketing, the speaker sought ways to earn money online inspired by successful individuals they saw online.
- They realized that many online gurus only shared the advantages of their methods without disclosing potential downsides.
Discovering Video Editing
- The speaker found a video by Iman Gadzhi discussing side hustles that could yield $500 per day; this motivated them to explore video editing.
- Despite lacking expertise initially, they enjoyed video editing and decided to pursue it as a viable income source.
- Faced with technical limitations (a slow laptop), they downloaded cracked software to learn video editing skills.
Starting Freelancing
- The speaker created profiles on Fiverr and Upwork but struggled initially due to lack of experience; Fiverr required clients to come to them while Upwork allowed proactive job applications.
- After weeks of applying for jobs with no success, they finally received a response from a client seeking YouTube-style videos.
First Success in Freelancing
- The first job involved creating YouTube videos despite having no prior samples; the speaker promised delivery even without existing work examples.
- After two days of hard work, the client paid them $45 for their first completed project which significantly changed their financial situation.
Growth Through Specialization
- Emphasizing that freelancing can be an effective income stream for students, the speaker highlights that learning a skill is crucial for ongoing earnings.
- They stress the importance of specializationβfocusing on one skill rather than being a generalistβto increase chances of getting hired.
- A metaphor comparing torchlight and laser illustrates how focused efforts yield better results compared to scattered attempts.
Importance of Problem Solving
- Clients pay freelancers not out of goodwill but because they solve specific problems or save time; understanding this is key for success in freelancing.
Expanding Income Streams: YouTube and Digital Products
Transitioning to YouTube
- Recently monetized on YouTube after overcoming challenges related to account bans from Upwork due to policy violations; earned initial revenue from views despite setbacks.
Selling Digital Products
- The speaker began selling digital products like courses after receiving inquiries about how others could make money online. Their first course generated significant sales quickly.
Marketing Strategies
- Building an audience is essential before selling digital products; larger audiences lead to easier sales opportunities.
- Engaging with customers actively is necessary for support when selling digital products; neglecting communication can hinder business growth.
Investments and Scholarships
Investing in Stocks
- Shares investments provide additional income sources with varying returns based on diversification strategies employed by the speaker.
Scholarships as Financial Aid
- Secured three scholarships during university which alleviated financial burdens significantly; encourages others to apply for scholarships as well.
Common Mistakes Students Make
Chasing Multiple Income Streams
- Many students attempt too many ventures simultaneously leading to failure; specializing increases hiring chances over being a generalist.
Lack of Patience
- Impatience often leads individuals astray when pursuing goals; achieving results takes time similar to natural processes like plant growth or pregnancy duration.
Quitting Early
- Emphasizes persistence as quitting prematurely guarantees failure regardless of effort put into endeavors.
How to Become Unstoppable in Your Online Journey
The Importance of Persistence
- The analogy of video games illustrates that persistence leads to mastery; quitting results in permanent loss.
- Brian Tracy's definition of being unstoppable emphasizes the refusal to stop pursuing goals, which can lead to significant financial success.
- A free guide is offered for those interested in learning how to earn over 10 million naira online, highlighting the importance of acquiring valuable skills.
High-Value Skills and Opportunities
- Emphasizes the necessity of developing a high-value skill that often correlates with high-paying opportunities available online.
- Encourages viewers to eliminate excuses and take action towards earning money, regardless of their current resources or situation.
Leveraging Technology for Income
- Highlights that even individuals with just a phone can generate income through various platforms like Instagram and WhatsApp, stressing the potential for anyone with access to technology.
- Promotes a video resource detailing how the speaker made over 10 million naira as a student, aiming to inspire others by sharing practical secrets.