How I Made an Extra $1k Per Month Using My Interests | Summary and Q&A

TL;DR

Learn how to make extra money by following these 7 steps to achieve financial flexibility.

Key Insights

• 🤑 Setting clear goals is essential for determining the most suitable path to making extra money.
• 🧑‍🏭 Choosing between part-time work, gig work, or starting a business depends on factors such as income urgency and risk tolerance.
• 🤑 Identifying skills and interests is crucial for finding enjoyable and sustainable ways to make money.
• 👻 Researching existing opportunities helps validate demand and allows for narrowing down options.
• 🤩 Finding the intersection of skills, interests, and market demand is the key to making money efficiently.
• 💨 Taking action and starting small is the best way to gain practical experience and adjust course if needed.
• 🤑 Early exploration of options can save time and help set realistic expectations for making extra money.

Transcript

in 2015 i was fresh out of college and working in a cubicle at the most office space job you can imagine i was making decent money at the time especially for my age but i pretty quickly realized that this was not the life that i wanted i needed to find a way to make some extra money to give myself and my career some future flexibility yes i had dre... Read More

Questions & Answers

Q: How can I determine my goal for making extra money?

To determine your goal, consider whether you want to focus on short-term objectives, such as paying off debt, or build a sustainable income stream by doing something you enjoy.

Q: What are the pros and cons of taking on a part-time job, gig work, or starting my own business?

Part-time jobs and gig work can provide quicker income, but with less flexibility and potentially lower long-term earning potential. Starting your own business has potential for higher earnings, but carries more risk.

Q: How can I identify my skills and strengths?

Make a list of technical skills you are good at and ask for input from friends and family. Self-assessments like the StrengthsFinder 2.0 and the Colby A can also help identify strengths.

Q: How do I find opportunities to make money based on my skills and interests?

Research job boards, online platforms like Upwork and Fiverr, and company websites to find examples of real people making money in areas aligned with your skills and interests.

Summary & Key Takeaways

• In 2015, the content creator realized the need for extra money to provide flexibility in his career and personal life.

• The creator shares his 7 steps to making an additional $1000 per month.

• The steps include setting goals, choosing between part-time work, gig work, or starting a business, identifying skills and interests, researching lucrative opportunities, finding the intersection of skills, interests, and market demand, and taking action.