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If I Wanted to Make $10,000 as a Student, I'd Do This

59.0K views
•
July 9, 2024
by
Ali Abdaal
YouTube video player
If I Wanted to Make $10,000 as a Student, I'd Do This

TL;DR

Learn how to make $10,000 as a student by providing value through selling products or services to businesses, such as social media management.

Transcript

okay so I made my first $10,000 or £10,000 cuz I'm here in the UK when I was a seconde medical student and that money genuinely changed my University experience before that point I didn't really have my own money but suddenly when I made my first 10K a it introduced me to the idea of like how to actually make money properly on the internet and that... Read More

Key Insights

  • 🧑‍🎓 Making $10,000 as a student is achievable by offering products or services that provide value to businesses.
  • 🗯️ Students should identify their skills, interests, and market needs to find the right business opportunity.
  • 👨‍💼 Offering services like social media management can be highly valuable to local or online businesses.
  • 🈂️ Businesses value money differently than individuals, so it's important to pitch your services confidently and offer more value than you charge.
  • 🥶 Starting with one client for free and building testimonials and case studies can help attract more clients willing to pay higher prices.
  • ✋ Learning high-income skills and continuously improving them is crucial for long-term success.
  • 🤑 The internet provides a wealth of resources for students to learn how to make money, but it's important to avoid scams and focus on providing genuine value.

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Questions & Answers

Q: Is it possible for students to make $10,000 a month on the internet by themselves?

Yes, it is a learnable skill that can significantly change a student's life. By providing value through products or services, students can achieve this goal.

Q: How can I add $10,000 worth of value to a person or business?

Start by identifying your skills and interests. Find the intersection between what you are good at, what you enjoy, and what the market needs. Then, offer products or services that align with these criteria.

Q: What are some high-income skills that can help me make $10,000?

Skills like copywriting, web design, graphic design, and consulting for software are valuable in the current market. However, it's important to choose a skill that you are already good at or interested in.

Q: How do I find clients and convince them to pay me $2,000 or more?

Start by offering your services for free to gain experience and testimonials. Then, ask the client how much they would have paid for the service. Use this feedback to set your pricing. Approach potential clients with confidence, pitch your value proposition, and aim for rejection to find clients willing to pay your desired price.

Summary & Key Takeaways

  • The content discusses the author's journey from making their first $10,000 as a student to building a multi-million dollar business.

  • The author highlights the importance of learning how to make money online and how it can transform one's university experience.

  • Two main strategies for making money are discussed: selling products or selling services. The author provides examples and tips for each approach.


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