Do THIS to Make $10,000 as a Student — apk

The problem is that many individuals are spreading false information and a great deal of nonsense.

Much easier than it actually is.

Earn $10,000 as a student

So I’m going to break down the three main components you need to focus on in order to earn ten thousand dollars a month as a student.

And let me tell you what I mean you see the thing you need a way, you need an opportunity that’s big enough but not too risky?

Reaching ten thousand dollars, here is the appropriate way

You can actually make ten thousand dollars a month as a student now I’ll say that ten thousand dollars a month.

And I’m not really trying to be insensitive. I understand that I was a marginal case that came to ten thousand dollars

Approximately a month ago, when I was seventeen years old, but I’ll get into that and how I ended there at

at that area You may start earning thirty to forty thousand dollars a month by the time you’re eighteen years old, and you can start making tens of thousands of dollars a month by the time you’re seventeen, according to my own experience.

First things first, if you’re looking for a risk-free way to make money, trading is not going to work for you. I’ll be honest with you:

Many traders are attempting to sell you false information.

If you join up via their affiliate link, they’ll offer you a $10 bonus, but in reality, they only earn money when you lose money.

So, even if you have a thousand dollars to invest, it’s really extremely tough to transform that into ten or twenty thousand dollars in a single year.

It takes time, patience, and a lot of study to be able to achieve large profits in the stock market. It’s crucial to be careful of get-rich-quick scams and to not fall for promises of easy money.

While trading might be beneficial for some, it’s not a sure strategy to earn a rapid profit. It’s best to concentrate on long-term investments and to diversify your portfolio to reduce risk.

The level of success successful deals

the average of all those successful trades is extremely very tough while for you to take a thousand dollars and invest that into starting a very lean online business.

I mean by the end of the year you’re talking tens of thousands of dollars.

I don’t realistically think you’ll make hundreds of thousands of dollars in your first year, it happens sometimes but it’s highly unrealistic.

But certainly by the end of the year, you should be making more than your average salary if you were just working a traditional nine to five and the best part is that you should be able to do it remotely.

So in order to make money, you need something that provides free cash flow and what I mean by that is profit that you can actually use.

Because that’s the other thing I’ll tell you that people always look at net worth, they have a net worth of $100 million.

But his entire net worth is in his company and he can’t take money out of his company because he may have investors or this or that or you have certain people for example a lot of people in the real estate game.

They have a lot of money and their portfolio is worth millions, but they have little cash flow because all their wealth is tied up in real estate that does not generate income.

It is essential to maintain a good mix of net worth and free cash flow in order to properly leverage your wealth.

This is why it is essential that you not only focus on expanding your net worth, but also on developing sources of income that can be easily accessed and used for personal expenses or investments.

By diversifying your assets and ensuring you have a regular stream of income, you can experience the true rewards of financial success.

Building a suitable e-commerce brand

And by the way, when I say proper e-commerce branding again, I’m speaking from experience. I’ve owned an eyewear company for a few years, and the thing is the packaging. Everything is beautiful. We have this beautiful black velvet interior.

So this company is okay. It’s my tiniest business.

It earns roughly 1.2 to 1.5 million dollars a year, and that sounds wonderful. Until you realize that we have 50 margins so I’m only keeping 50 of that money and it’s even worse when you realize that any of my profit that.

I can’t keep that, I have to include that in new inventory because a product like this in particular is very difficult to make.

So for me to place an order now for another five thousand to ten thousand units.

I probably only get it three four five months depending on the time of year, so even though someone might look at it.

It’s a $1.5 million a year business with a margin of 50, but you’ll never be able to keep that profit because you always have to reinvest in the business.

And that’s very different from a service-based business for example, so if you’re providing a service to customers whether that’s through building their marketing funnels or through creating short-form content.

You know a few short hash clicks and reels and do a lot of these and create a lot of accounts for them and distribute them online.

Right down to doing for example their own Google Ads and specifically focusing on Google Ads for e-commerce brands as an example: listen

Whatever the service is, it has to have one of two things.

High customer perceived value, and what I mean by that is it has to be something that they’re like, oh, this is actually worth it.

I’m more than happy as a company to pay this outside consultant or service provider a thousand dollars a month, or three thousand dollars a month, you name it, or it needs high leverage.

And what I mean by that is, listen, you can still become a personal trainer online, but if you want to make ten thousand dollars.

a month, you need to employ individuals below you who work as coaches, and that way, you’re an online personal trainer and You do some training but then you may have coaches under you.

She knows personal trainers who work with local gyms and pays them a small fee and they do the rest of the training.

So that’s leverage or let’s say you have an agency that creates YouTube thumbnails for people YouTube thumbnails are an important aspect of video, but people don’t pay a lot of money for thumbnails.

But if you could hire someone in Brazil, Romania, India for a thousand dollars a month.

It is a large salary there, especially from a distance and their families. The work is capable of producing three, four and five thousand dollars a month.

In terms of your mini photo agency business or your mini performance marketing business whatever you want to call yourself, the point is that this is the leverage that you can take something off your plate for it.

Either you need to offer a service or consultancy on something that brings so much value to businesses that you can actually make 10k a month just as a solopreneur or more realistically.

You’ll be able to do this on your own for up to three four five thousand dollars a month.

Then you need to start using leverage and you probably need to earn a slightly smaller amount on margin.

But make a lot more money at the end of the month because you have people who can provide these things to you, so just remember with the business models I’m talking about you’re not going to make $100 million.

I’ll be very honest with you but the other thing you won’t do is you won’t go bankrupt and that’s unfortunate with a lot of these other companies for example.

I’ll give you my main business, my software company, which is in the multiple nine figures and that’s all fine and well and good.

But you have to realize that there was a huge amount of money that I needed to apply to start the company and that was the first thing but then I had the huge competitive advantage of having a large audience.

And even I took four years to be like listen, I’m not ready, I’m not ready, I don’t feel like I have the skill, the understanding, the kind of influence to start a business worth hundreds of millions of dollars.

So what did you do? I started a service-based business in 2016 and ran that business for six years, so just remember the business model gets you to ten thousand dollars a month.

By the way, I’ve already been able to make $150,000 a month in my service-based business.

It could never go any further than I tried and I’m sure someone else did I was able to do it but the way I wanted to run it which was simple far from any office.

I was very happy with that, so I was saying that a job that makes you 10 grand a month isn’t necessarily going to get you to a hundred million dollars but that’s okay.

Small steps here Choose the right car for the right career stage you are in.

Then the next component to making ten thousand dollars a month once you find the right car is to extend the timeline.

And here is the very unfortunate thing about social media.

You see, 20 years ago, if your age, for example.

21 years old and you’re making four thousand dollars a month without having to go to the traditional nine to five.

You’ll think you’re a king, you’ll think you’re a footballer, you’ll think you’re killing it, and we live in such a world where…

So you go online and you think I’m 21 years old and I don’t work a traditional nine to five and I have location flexibility.

I can wake up whenever I want and make four thousand dollars a month.

So I know I have a role to play in that because of what I’ve been able to do in my career at my age.

It’s not normal but that’s why I always like to tell people to listen to what I did it was very unreal and thirdly it was incredible dedication and hard work from him.

A third of it was timing of creating the right business at the right time, and the last third of it was luck or God or whatever you want to call it whether you’re a person of faith or not so I like to make that very clear to people.

Then I also like to take people back to 2015 when I was broke and I was starting a business to take care of me and my single mom and I was going to the gym every day.

Venture, and at that time, you know, I was really more of a side hustler, but nonetheless, I was earning a few thousand dollars a

A month ago in 2014 and granted I only did it for a few months and then that business model stopped working and then I moved on to the next thing.

But the point is, I was starting out between 2014 and 2017 and it took me three years to get my first ten thousand dollars a month.

And that’s totally fine, it’s really great if you work as hard as I did, I think it will take three years.

No because it’s crazy that the internet moves so fast in 2014, I didn’t.

You don’t have the opportunities that you can have today, even things like getting payment processors were very difficult back then.

It was hard even just trying to do business when you were 14 years old.

While these days you have a lot of choices, so do it I think it will take three years if you really decide to choose the right car and follow all the advice.

I think it would take 3 years No honestly, no but even if it were.

Who cares? I really cannot stress how important it is to set your expectations to make ten thousand dollars a month. Set your expectations not in months but in years. Don’t think about how many months it will take.

Let me think how many years now, that’s the thing if I did it faster.

That’s great, I’m so happy for you and listen try to get rich faster of course do it.

Wealth should be built slowly and well-being is built over time but try to become rich and try to make as much money as you can ethically and morally.

But at the end of the day I try to set these expectations for you because this is the thing that a lot of you will try and say, “You’re giving your absolute best for six months.

And if your forecast is good in six months, you know I was expecting to make seven thousand dollars already and you’re only making twelve hundred dollars from your online business.

You make twelve hundred dollars online, do you realize how amazing that is?

That’s the nice thing when it rains.

And by the way, this also applies negatively and positively to life and the point here is that this is how business usually works and this is what I can say you are now up to 10 Years since.

I started my first side project and I’ve gotten to the point where I have a group of organizations and over 150 employees, and the way it works is usually something like this.

And it goes like this and you’re Flatline for the longest time and right as you are I’m thinking like I’m going to be stuck.

Here it goes forever, then the flat line goes off.

And by the way, within those points, you have little moments and things like that.

But the point is that there are a lot of flat lines, and there are a lot of you reaching a new level in life.

And then really solidifying it and laying that foundation so I wanted to flesh this out and I wanted to make this one of the other components.

Just so that your expectations are clear and you are in the right place and so that you don’t quit before even now you are properly trying the last component of making ten thousand dollars a month.

And it’s like if you’re running a marathon, I’d rather tell people it’s hello to mile 18.

It’s going to be this really hard tendency where things happen you’re going to be tough because at least when you encounter something if you have context beforehand, it makes it a little easier and you’re going to feel less alone.

So I want to give you guys context on not only how to get to 10k but what happens once you get to 10k you see that the third component is not just getting there.

But staying there, you see, making 10,000 a month, and again.

I’m really trying my best not to be insensitive here, I get it, I do.

I’ve witnessed thousands of people do it and it’s even close to me, so I know that for me it may seem easier than it is for you guys.

For some of you, you might look at this and be fine.

It’s easy for you to say that but trust me you will. Understanding that making ten thousand dollars a month at the right time is the easy part.

And continuing to make ten thousand dollars a month, and this is where it becomes difficult.

As well as keeping that money, then multiplying it, and growing your wealth over time.

Instead of acting like some idiots new to money.

I learn from old money even in my case even though it’s new money I knew from day one I was going to make it.

But I always promised myself that I would study old money to understand how to actually hold onto it and double my wealth for that third component.

Making ten thousand dollars a month is realizing that you are there.

This is like a baseline and the crazy thing is we all have financial baselines you know for me I remember when my baseline was a thousand dollars a month.

And this is about six years ago, I was still in school at this point and it doesn’t mean what you’re trying to achieve what you’re aiming to achieve it just means that if you go below that point.

It’ll keep you awake, you’re like this doesn’t match who you are, you’re like this, you’re not me and I remember when you went from a thousand dollars and went to five thousand dollars and then went to ten thousand dollars.

Since then I have been very fortunate to have an amazing career and it has gone up to a hundred thousand dollars a month and now a million dollars a month.

And you know God willing at some point it will be a few million dollars a month and that will be my absolute baseline.

And I can’t even imagine a scenario where it would be less than that, so the point what I’m trying to make is that once you have $10,000 a month.

It is more than just making it an identity; It’s about more than just setting it up as your own site.

Baseline As I mentioned your financial identity is not what you strive for, anything less is what you are

You’re going to feel weird because you’re going to be like that’s not me, I’m better than this, so number one is get to 10k a month and once you get there.

Make it your financial identity and once that is strong and locked in then you can continue working your way up the ranks.

So ladies and gentlemen, I hope this is helpful to you, as always.

Originally published at https://weightlosscell.com on February 20, 2024.