- What's up, guys?
In today's video, we're gonna be covering
my five favorite ways to make money in 2021,
while only having at most $250.
So, let's go ahead and get into it.
(upbeat music)
There's so many side hustles you can start in 2021
with just a laptop and Wi-Fi connection
that it can almost get overwhelming at times.
So, what I've done today
is I've compiled my five favorite ways to make money online.
Coming in at number five,
you can make $30 an hour with absolutely no skill,
and that is Instacart.
Instacart is a grocery delivery service
that really picked up steam in 2020
when everything closed down.
I've had friends sign up to do this
that have lost their jobs,
and they ended up making over $30 an hour
with no absolute skill here.
The only thing you're going to need is a smartphone,
a car, and some gas money to get you through
up until you get paid that first week.
Coming in at number four is trading stocks
or cryptocurrency.
I long-term trade myself with cryptocurrency, in particular.
I'm extremely passionate about blockchain.
And I actually paid off my college
with an investment I made in 2020.
And you can take this way farther than I have.
You can swing trade, which is trading a few times a week.
You can even day trade.
And you can do this with stocks and cryptocurrency.
And there are people out here making great money.
If you take an investment,
that's a couple hundred dollars
and you put it into something that 10xs,
that's two grand.
You do that one more time that year, that's $20,000.
And I know you're thinking,
"Chris, 10x? What are you talking about?"
Well, last month I had a friend who invested
in the Degen Ape Academy which is an NFT project
on the Solana system,
which is a type of cryptocurrency.
And they ended up putting in a couple hundred bucks
that's now worth over $20,000.
And although that is not likely to happen,
much smaller gains are if you research properly
and you put in that work.
Coming in at number three,
Facebook Marketplace dropshipping.
If you watched the interview I did
with the guys at Sellozo, an Amazon PPC company,
one of them mentioned Facebook dropshipping.
And this is where you buy things from eBay, Amazon,
or Walmart, and you relist them on Facebook marketplace.
I know this sounds absolutely crazy,
but I've actually had
some pretty good results so far.
I plan on making a 30 day update for you guys,
which you'll see here soon.
Now, the thing is,
is I don't know how sustainable this is long-term
and there are much more in-depth videos
on YouTube to research on this.
However, I think it is a great way
to make some substantial cash with little capital
to get your ball rolling.
So far it's been a very easy way
to make some substantial cash with very little money.
Currently, where I'm sitting at,
I've spent $187 and I've made 85 bucks.
Now coming in at number two is selling on Amazon.
This should not be a surprise for anyone
that's followed the channel
because that's primarily what my channel is around
is selling on Amazon.
However, I am going to single out
two specific business models on Amazon.
Number one, being going to book sales.
I did a video on this,
but you can easily go to a book sale
scan books to find profit
and turn that hundred dollars that you spend
into five, six hundred bucks,
maybe even closer to a thousand dollars.
Now, if you wanna go to retail stores
and you don't wanna go to book sales,
you can do retail arbitrage outlets,
like Target, Walmart, anything along those lines.
And you can take that two-hundred some dollars
and get a hundred to 200% ROI on your return, on your money.
Now you are going to have to have those stores
within your area, but you can definitely do that.
And I think it's a great foot in the door,
to start selling on Amazon.
I always tell people to start there
if you don't have a lot of money
and then you can learn how the whole operation works
and then scale yourself into some more long-term
business models like wholesale or private label.
And coming in at number one,
I'm going to have to say going to garage sales
to sell on third-party marketplaces,
such as eBay, Poshmark, Mercari and the list goes on.
So this is how I actually quit my job.
And this is how I started selling online.
I would go to garage sales at the crack of dawn,
find things to sell for profit
because the good stuff will go,
and then I would flip it on eBay.
I specifically focused on video games,
more so retro video games because I really love them.
And it was something that I just knew a lot about.
I recommend starting with something that you know,
and you're passionate about.
It could be car parts.
It could be makeup could be clothes,
and go after those particular items.
And the markup is astounding.
My biggest flip was turning over $70 into over a grand.
I bought this baseball card for 70 bucks
and I ended up selling it on eBay
for around $1,200 back in 2013.
And you can't even imagine how exciting that is.
I think this is the number one side hustle for 2021.
All right guys, if you do wanna learn more
about selling on Amazon or anything else,
I recommend checking out the playlist I have
in the description below.
One or two videos a day will really go a long way.
Also check out the free Facebook group
and all of the other links in the description below.
Thanks a lot guys,
and I'll see you this Wednesday for an interview
and then the livestream on Friday. See you next time.
(upbeat music)