This is the online side hustle pyramid.
It's made up of three different levels.
Level one requires no skills and no money.
Level two demands some skills, but still no money.
And to reach level three, you need both skills and money.
As a millionaire who started off with absolutely nothing,
I've been through all of these levels.
And if you do too, then you'll certainly be able
to make more than $1,000 per day.
And don't worry i'm not gonna be suggesting
you spend hours watching ads, testing websites,
or filling out those useless online surveys.
I mean, only pay a few dollars anyway, so what's the point?
Instead, I'm interested in the big bucks.
So these are side hustles you can make good money from.
Of course, the faster you progress through the levels,
the more money you can make.
Level one, no skills, no money.
In this level, it's all about using your time
as strategically as possible
to create the most amount of money.
The first side hustle is being a content critic.
This one isn't as well known,
but it's definitely in high demand.
I'm even willing to pay someone to do this for me,
so listen up and let me know if this sounds
like something you'd be interested in.
The job of a content critic
is to give unbiased, honest feedback.
Honesty is such a rare thing to find.
Most negative comments come from haters,
and fans rarely like to offer criticism,
as many people take it the wrong way.
The majority of content creators have developed a tough skin
and are actively looking for ways
in which to improve their content.
That's why if you are a genuine fan
of a particular YouTuber, then you could actually be
far more valuable than you realize.
So if this sounds like something you could be interested in,
then leave me a comment below suggesting what content
you'd like to see on my channel,
and I'll reach out to the people with the best ideas
and be their first client.
I'm happy to pay a fair amount for a great feedback report
from a viewer, and I'm sure many other creators
would be open to doing the same.
With multiple clients, you'll be able to build up
to more than $1,000 in no time.
The second side hustle is flipping Instagram theme pages.
This is something you can do with just an iPhone
and a bit of time.
These are pages that are focused on specific subjects.
When I first heard that you can make money
from flipping these, I was actually quite shocked.
Back in my day, I had to actually buy
and sell physical products like cars, for example.
But now doing this online actually makes complete sense.
Just think about it, when was the last time you scrolled
on Instagram and didn't see a sponsored post?
They're everywhere, aren't they?
This just shows brands are putting loads of money
into Instagram adverts, which makes the pages more valuable.
If I were you, I would start and grow pages,
in particular niches, by posting regular Reels.
Personally, I'd pick a car theme page,
as I used to race cars, so I know the niche
has a big demand from advertisers.
I've seen some of these pages sell for thousands.
A bonus one in this level is using a link in the description
to get 16 free stocks worth between two
and $2,000 in return for signing up to Mumu.
They're a great investing platform,
and it's basically free money.
Level two, some skills, no money.
These online side hustles require more upfront work
to begin with, but as you develop your skills,
you'll be able to charge a lot more
than the average person, as you are providing more value,
and this of course equals higher pay.
The third side hustle is designing thumbnails.
I actually ran a competition to find a thumbnail editor
for this YouTube channel.
I did this on my Instagram,
and we had hundreds of submissions.
You might be thinking if hundreds of people applied,
isn't there too much competition?
In all honesty, only three designers
actually stood out to me in that competition,
as they took the time to understand my style.
And rather than just creating a pretty graphic,
they really considered how they could
get people interested in clicking.
Creating effective thumbnails is more
of a psychological task than a graphic design one.
The best thumbnails are often simple to create,
but the idea behind them is very clever.
Just think, if you can increase a YouTuber's
click-through rate by even one or 2%,
then hiring you means instant profit,
and you are justifying your own wage.
Out of the three candidates that stood out,
I hired two of them myself,
and I recommended the third to one of my friends.
If you can master this skill and sell 10 thumbnails in a day
for a hundred dollars each, then that's $1,000 right there.
You could charge less and do more,
or even charge more and do less.
The choice is yours depending on your skill level.
The fourth side hustle is tutoring.
Now before COVID, I probably wouldn't have added this one
to the list, as most people wanted in-person tutors.
And honestly, this business model isn't great,
as it's very time intensive, and the amount you can charge
is also pretty capped depending on the competition
in your local area.
However, I really think the world has changed.
If you are talented at a particular subject,
it may be a great option to teach it online.
The key here is to sell the transformation
rather than a tutor in itself.
I mean, most people don't really go to a personal trainer
to improve their technique.
They go to become a fitter person.
That's why they're always using
before and after photos to advertise their services.
The same goes for tutoring.
You need to sell a specific outcome to a standardized test
such as GCSEs and A levels in the UK.
Facebook is the perfect place to advertise,
as it's full of moms that want their kids to do better
than everyone else's.
Trust me, if you find the right Facebook groups,
the demand is sky high.
The great thing about doing it online
is that you can cut out all the travel time,
which means you can work with more people
and earn more money.
You also don't have to just work for people
in your local area, as you can teach anyone,
anywhere in the world.
If you are able to sell 10 spots in a group class
for $25 each, then that's $250 an hour.
Once you achieve this, you can start filling more hours.
You may think that people won't want group classes,
but if you give them the outcome you promised,
it doesn't matter how you deliver it,
especially if you put all the students in a Facebook group
and offer them support outside of lessons.
Of course, if you are selling the outcome
of getting into medical school or completing your exams
as a doctor, then you can charge way more,
as the potential outcome you are selling
is worth a lot more money.
The fifth side hustle is creating logos.
Have you ever looked at a famous logo and thought,
"That's so simple, I could do that."
I know I certainly have, and I'm ancient.
So I'm sure you younger guys watching this
will be able to master this one easily.
We recently held a competition on my Instagram account
where we paid the winner $1,000 for creating a logo
for our brand, Strike It Big, which is run by my son and I.
We weren't looking for crazy design skills.
It was all about the idea, even as the logo was hand drawn.
We were prepared to pay the money if it was a good idea.
With this side hustle, no one cares about your score grades.
Instead, your past work acts as your qualifications,
so it's really important to build a great portfolio
to seal the deal with your clients.
You may have to work for free in the early days to do this.
I know that working for free sounds like a waste of time,
but it's a great way to check out the competition
and also see how to price your services.
Once you have a solid portfolio,
you can either go directly to your clients
or offer graphic design services on websites
like Fiverr and Upwork,
as they already have a huge marketplace.
If you are good,
there's no reason you couldn't be earning 500 to $1,000
per day in your spare time.
The sixth side hustle is becoming a high-ticket closer.
Imagine being the mastermind behind sealing deals
and locking in sales for influencers, course creators,
consultants, and business owners.
These types of people are usually extremely busy
managing operations, delivering their products,
and making content so they need someone with a gift
of the gab that can focus entirely on closing deals.
This is exactly what one of my employees does,
and he regularly takes home more than $1,000
in a day from commissions,
and he has no formal qualifications to his name.
This just shows how you can add value to a business
by selling their high-ticket items
and earn more than a doctor's salary.
The advantage of being a high-ticket closer
is the fact that you don't need to create your own thing.
You are just simply selling someone else's product.
It's a much simpler business model
that you can do from anywhere in the world.
If you have a phone, you have a business,
and that's about it.
The seventh side hustle is web design.
The internet (whooshes breath) levels the playing field.
It's almost like America was in my youth,
the land of opportunity.
But the internet is far greater,
and it allows the younger generations
to have a big advantage over the older business owners.
I mean, no business can survive long without a good website,
and most people are lacking the skills
to build one themselves.
So if this interests you,
then why not learn web design skills?
I know two teenagers that decided to take up web design,
and they both went in two completely different directions.
One decided he'd use website builders such as Squarespace,
which means he only had to edit really simple templates
to build a basic site for his clients.
The other decided to code bespoke websites
from the ground up for larger clients
that wanted something more original.
Now, both are extremely successful at what they do,
but they both serve entirely different markets
at different price points.
You'd get paid more for a bespoke site.
However, this takes a lot more time to learn.
I've paid anywhere between 10,000 to $100,000
for custom websites in the past.
It's an absolute goldmine.
Level three, some skills, some money.
Once you work your way up to this level of the pyramid,
you should have enough skills and money
to start making a great income.
The eighth side hustle is selling digital products.
A friend of mine created a bundle of templates for Instagram
and she sells them for $30 per download.
Last year, she made a quarter of a million dollars,
which is pretty crazy.
A digital product could be many things,
from these Instagram templates to eBooks and online courses.
If you invest your time making these,
then you can sell them year on year
and never ever run out of stock.
The reason you need some money is for the advertising costs.
You could run Facebook or Instagram ads,
or even try out TikTok.
There are also some free ways you can promote your products
such as affiliate marketing, but this is harder to get going
if you don't already have a steady stream of sales
and positive reviews.
If I was selling something tech related,
I'd reach out to YouTubers such as Unbox Therapy
or Marques Brownlee who have millions of subscribers
and offer them a percentage of every sale they bring in.
Now, I'm not saying they would definitely accept.
However, if you reach out to enough people,
then you'll find collaborators that are interested
in what you have to offer.
The ninth side hustle is starting a software business.
To be fair, this isn't really a side hustle,
but it is the fastest way to become mega rich.
We recently chatted to Tim Armoo who exited his business
for a rumored $40 million before turning 28 years old.
I understand that this may seem unattainable at the moment,
but I believe that most entrepreneurs strive
to have some form of technology built
specifically for their businesses.
Tech businesses offer the potential for significant profits
through huge exits.
But this opportunity won't be around forever,
so it's important to get started as soon as possible.
If you wanna know exactly how I would make $10,000
in seven days, then you can check out this video next,
but don't click on it just yet.
Make sure to subscribe if you want to grow your wealth.
Okay? (clicks tongue) I'll see you over there.