00:00side hustles why are there so many
00:03horrible ones on YouTube why do so many
00:06youtubers make the exact same video
00:08telling people to take surveys where
00:10they're gonna make like 15 cents an hour
00:12what's happening it's Shane here so I've
00:15done videos on the past where I've
00:16talked about side hustles that I've
00:18actually done when I was in college in
00:20high school that actually worked and
00:21made pretty decent money and these
00:23videos were great but I realized that I
00:25shouldn't just limit myself to the ones
00:26that I've done that would be like
00:28limiting yourself to just smashing the
00:30like button for the evil YouTube
00:32algorithm when you could also subscribe
00:33and so in this video I did some research
00:36I looked at the literature to find the
00:37most common side hustles and exactly how
00:40much they pay and this is great because
00:42a lot of these side hustles are ones
00:44that anyone can do no matter where
00:46you're from whereas some of the side
00:47hustles I talked about in my video we're
00:49ones where you can only do it during the
00:50winter or you can only do it in certain
00:52parts of the country and then we can
00:54compare all these side hustles I'll give
00:55you my opinion on each one of them and
00:57then we can see how they all stack up
00:59number 10 on the list is going to be
01:01direct sales now this was based off of
01:04research done by credit loan calm now
01:06according to them they make somewhere
01:07between a hundred and twelve hundred and
01:09thirty dollars a month and they also
01:11make around $7 an hour now this could be
01:14any number of different types of jobs
01:15this could be like a sales job for a
01:17company over the phone this could be a
01:19door-to-door sales job
01:21now obviously $7 an hour is not that
01:24great that's actually below minimum wage
01:26and so for that reason I don't think
01:27it's one of the better ones on the list
01:29but I will say one thing for direct
01:31sales I think when it comes to side
01:33hustles you want to keep this concept in
01:35mind which is winning even if you lose
01:37now what do I mean by that there are
01:39certain types of side hustles where the
01:41skills that you learn when you do that
01:43side hustle even if you're not
01:45successful you don't really make all
01:46that much money or anything the skills
01:48that you learn are going to be valuable
01:50for you during the rest of your life
01:52direct sales is a perfect example of
01:54this even if you don't make that much
01:56money I feel like everybody should do a
01:57sales job at some point during their
02:00life because it is literally one of the
02:01most valuable skills you can learn it
02:03will help you in every area of your life
02:06no matter where you go into or what you
02:08end up doing so for that reason I still
02:10think this is a side hustle that's worth
02:12doing you should just be small
02:13about which company that you go for so
02:15you probably don't want to become a
02:17high-ticket closer for instance the next
02:19one on the list is going to be computer
02:21repair and this is another one that I
02:23actually really like they make somewhere
02:25in between a hundred and forty two
02:26hundred dollars a month and this one
02:28actually makes about twenty dollars an
02:30hour on average so I actually had a
02:32friend who started a computer slash
02:34phone repair business and he's doing
02:35pretty well with it right now he's
02:37someone who did not go to college he
02:39didn't really have any interest in it
02:40but he was kind of a little bit
02:41entrepreneurial and he was also a little
02:43tech savvy and so he combined those two
02:45skills and he started a computer repair
02:48business and I think this is another one
02:49where you win even if you lose just
02:51because of the fact that technology is
02:53so important and it's going to be even
02:55more important in the next twenty to
02:57forty years and so everything you learn
02:59about using technology repairing things
03:01you know installing programs all that
03:03sort of thing is going to become
03:05extremely valuable so this is another
03:07really great one highly recommend
03:08getting into this one if you're
03:10interested in entrepreneurship or
03:11technology number eight on the list is
03:13going to be babysitting nannying or
03:15caretaking now they make about a hundred
03:18to fifteen hundred dollars a month and
03:19they're making somewhere around $10 an
03:21hour this is one of the most common side
03:23hustles out there I think everybody's
03:25heard of this one of course now if you
03:26really like spending a lot of time
03:28around you know cute kids and like
03:29taking care of people's dogs and stuff
03:31then this one can be a great one for you
03:33and you're making money anyways you can
03:35probably just catch up on 90 day fiancé
03:36while you're doing it anyways but
03:38overall in terms of winning even if you
03:40lose I wouldn't rank this one very
03:42highly just because of the fact that I
03:44don't think you'll earn all that much in
03:45terms of marketable skills still it's a
03:48really great one to do if you have some
03:49free time and you just want to catch up
03:51on TV so I still highly recommend it
03:53number seven on the list is going to be
03:55reselling items online and this is one
03:57that I am actually extremely familiar
03:59with I did this one for a long time
04:01throughout middle school high school and
04:03even college and they say on here that
04:05you make between a hundred and fifteen
04:07hundred dollars a month and you make
04:08around twenty dollars an hour now I
04:10found that that number especially the
04:12one per hour is a little bit off just
04:14because I focused on items that I knew
04:16that I could flip really easily and so I
04:17didn't really waste that time on items
04:20that didn't make very much money but
04:21overall this is a great one to get into
04:23and it's another one where you win even
04:25lose you'll learn skills like marketing
04:28research all of that sort of thing I
04:30wouldn't say this is as valuable as a
04:31sales job for instance but it's still
04:33one where you're gonna learn a lot it's
04:35also somewhat passive if you know which
04:37items to look for overall another one
04:39that I highly recommend number six on
04:41the list is going to be tutoring or
04:43teaching and this is another one that I
04:44did when I was in high school in college
04:46I'm realizing that I think I kind of got
04:48lucky because I don't think I ever
04:49looked on a list like this I just kind
04:51of stumbled upon these things but they
04:53make somewhere in between 150 and 3000
04:56dollars a month and they make around $15
04:59an hour now I found that I made a lot
05:01more in terms of money per hour but I
05:04didn't make as much in terms of the
05:06total amount per month I never made like
05:08$1,500 in a month this is just a cool
05:11little side hustle I did I'm not gonna
05:12go over the whole story but basically
05:14there's a test to get into pharmacy
05:16school called the PCAT I got really good
05:18at that test and I showed people how
05:19they can study for the test in like 1/10
05:22the amount of time and do really well on
05:23it and they would pay me between eighty
05:25and a hundred and fifty dollars an hour
05:27for me to show them my secrets and tell
05:29them what resources to use and exactly
05:31how to use them I know a lot of people
05:33also go the language route so they might
05:34tutor someone who is planning on going
05:36to university in the United States or
05:38moving to the United States on the
05:39vernacular of how we speak here but yeah
05:42this is a really good one there's a lot
05:44of online sites like cambly you can get
05:46into in order to teach English and then
05:48there's also a lot of stuff you can just
05:49do locally if you want to I would say
05:51this is another one where you're winning
05:53even if you lose because the ability to
05:55teach someone something the ability to
05:57you know take a complex subject and then
06:00package it in such a way that everyone
06:02can understand it is extremely important
06:04in my opinion next one on the list is
06:06going to be ecommerce or drop shipping
06:09and this one you can make somewhere
06:10between 150 and $6,000 a month and they
06:13say you make somewhere around $15 an
06:15hour now this one is a little bit cringy
06:18because there's about a thousand courses
06:20online you know 15 year-olds that became
06:23millionaires and want to teach you how
06:24to become a millionaire too with Shopify
06:26drop shipping very cringe definitely
06:28gotten blown out of proportion and it's
06:30not the same opportunity that it used to
06:32be but with that being said Commerce is
06:35going towards more of an internet
06:38this is a really good one to jump on to
06:40if you're a certain type of person that
06:41has the kind of mindset that you like
06:43creating online stores I recommend not
06:46buying courses or if you do buy a course
06:48just do one on Skillshare most of the
06:50information that you need to know you
06:51can find on YouTube and I really
06:53recommend that you just try to do it
06:54without buying anything also don't
06:56invest very much money into it you're
06:59probably gonna fail a lot in the
07:01beginning and so it doesn't matter
07:02whether you have a course or not you're
07:04gonna fail either way and then you're
07:06gonna learn from that and get better and
07:07better please don't fall for all the
07:09skinny courses on YouTube I don't want
07:11you guys like go look up the courses
07:13just because I recommended it in a video
07:14but yeah this can still be a really good
07:16one if you know what you're doing number
07:18four on the list is going to be
07:20freelance work and consulting you can
07:22make somewhere between two hundred and
07:23four thousand dollars a month and you
07:25make somewhere around twenty dollars an
07:27hour this is another one that I really
07:29like especially the consulting part so
07:32the key here is to become an expert and
07:34specialize in one area that's in really
07:37high demand that's the mistake that so
07:39many people make like they'll be artists
07:41for instance and they're like oh I can
07:42edit videos and I can do Photoshop and I
07:44can do this and I can do that is it and
07:46this and that and that no you don't want
07:48to do that at all you want to specialize
07:50in one specific area that's in a very
07:53high demand get really really good at
07:56that one thing or maybe it's like two
07:58things so maybe you combine art with
08:00business for instance but get really
08:02good at that one specific area and then
08:04position yourself as an expert in that
08:06one thing that is the key to freelancing
08:10and consulting I see so many people
08:12making the mistake of saying oh I can do
08:14all these different things no no no no
08:16do one thing this is another one where I
08:19think you win big-time even if you lose
08:21because you have to learn a bunch of
08:22different skills like marketing sales
08:25you have to learn how to talk to people
08:26over the phone generally so I highly
08:29recommend going into freelancing or
08:31consulting especially the consulting
08:33part I think the age of information is
08:34upon us and you having specialized
08:36knowledge that people want to pay for is
08:38extremely valuable I consulted with
08:40several different youtubers who were in
08:42my niche who had grown before me for
08:45instance I paid them really really good
08:47money for them to give me some tips on
08:49how to grow on YouTube and this
08:50specific niche and it was worth every
08:52penny helped me so much when it came to
08:54growing my youtube channel number three
08:56on the list is going to be fitness
08:58training or coaching now they make
09:00somewhere between two hundred and three
09:01thousand dollars a month and they make
09:03somewhere around twenty dollars an hour
09:05now I'm gonna be honest with you this
09:06one is a little bit iffy for me just
09:09because I think that this is a market
09:10that's extremely saturated there's tons
09:12of you know personal trainers out there
09:14and people that try to start their own
09:16gyms and stuff and the reason for that
09:18is because a lot of people are extremely
09:19passionate about fitness and this is a
09:21really cool one I mean you basically get
09:24paid to work out with someone else and
09:26get fit that's awesome so I do kind of
09:28like this one and I'll be honest with
09:30you I think in the future I will
09:31probably hire a personal trainer myself
09:33and that's even though I'm pretty frugal
09:36but I just think that you know staying
09:38fit is one of the most important things
09:40you can do and it'll help you in every
09:41other area of your life but yeah I
09:43honestly have mixed feelings on this one
09:44I don't know if I would recommend going
09:46in this direction unless it's truly like
09:48your number one passion in life and if
09:50it is I think you should get a little
09:51bit creative probably start a YouTube
09:53channel maybe a tick-tock or something
09:55like that number two on the list is
09:57going to be one that we're all familiar
09:58with which is ride-sharing so this is
10:00gonna be like uber or lyft but you can
10:02also count ones like doordash or
10:04something along those lines
10:05instacart for instance and they can make
10:07somewhere between 350 and 3000 dollars a
10:10month now they make on average around
10:12$15 an hour but I know just because of
10:15the fact that I've investigated this
10:16that after you count in you know wear
10:19and tear on your car gas and a bunch of
10:21other different things it's usually
10:22gonna be quite a bit less than that now
10:24I'd say the positives about doing
10:26ride-sharing is it's something that
10:27almost anybody can do so if you get
10:29fired from your job all of a sudden this
10:31is something you can sign up for and
10:33probably start doing the very next day
10:35and I think there's a lot of value in
10:37that because it's just so flexible and
10:38you can do it at any time
10:40let's say you just want to make a little
10:41bit of extra money because you've got a
10:42vacation coming up or something like
10:44you get off work and you can just start
10:46ride sharing right away now the downside
10:48of this is this is not one where you win
10:50even if you lose I really don't think
10:52you get that much out of this you don't
10:53really learn that much from just giving
10:55people rides around your town I guess if
10:57you're new to the town you could kind of
10:59learn how to get around the town and
11:00just do it when you're first moving
11:02there and that would be a really
11:03convenient way but other than that I
11:04I really just don't see how much you get
11:06out of this one so I wouldn't really
11:07recommend it unless you need money right
11:09away because you got fired from your job
11:11or something along those lines number
11:13one on the list is a very very good one
11:16and that is going to be selling or
11:18renting property this one is going to be
11:20five hundred to seven thousand dollars a
11:22month and you're gonna make somewhere
11:23around eighty one dollars an hour now
11:25I've said in a lot of my past videos
11:27that one of the best possible
11:28investments that you can make is in real
11:30estate and this is exactly what I'm
11:32talking about right here so the thing
11:34about real estate is you have to do a
11:35lot of work upfront and it does take
11:37quite a bit of skill you're probably
11:39gonna make some mistakes like the first
11:40one or two houses that you buy and I
11:42know this because I have a ton of
11:44different real estate agents and real
11:45estate investors in my family I'm
11:47actually personally waiting to buy real
11:49estate because I think for one the
11:51markets gonna drop soon and then for two
11:52I don't want to buy real estate in an
11:54area that I'm not living in or I don't
11:56plan on living for a while and the
11:58reason for this is because I want to be
12:00able to check out my properties I want
12:02to be very familiar with the area you'll
12:04notice in some areas that they'll be
12:05houses in one area that are worth five
12:07hundred thousand dollars and then you go
12:09two blocks down and there's the same
12:11exact house that's only worth about four
12:12hundred thousand so I really do think
12:14it's worth it for you to be very
12:15familiar with the areas that you're
12:17buying in I will start buying real
12:19estate in the future but I want to make
12:21sure that I'm settled and I'm in a place
12:23where I'm gonna live for the rest of my
12:24life or at least for a very long time
12:26but overall this is a great one this is
12:29an amazing way to build your wealth it
12:31takes patience it takes a lot of time
12:32but this one is probably one of the best
12:34possible investments that you can make
12:36now I will say that there is a lot of
12:38really scammy real estate courses out
12:40there so be really careful with this if
12:42it sounds too good to be true it
12:44probably is just keep that in mind
12:45there's pretty much never gonna be such
12:47a thing as a no-money-down house unless
12:50you can get one of your relatives to
12:52invest money with you or something along
12:53those lines so you know just just be
12:56here there that are teaching some very
13:00suspect techniques watch my videos right
13:03here I made them just for you go ahead
13:04smash the like button hit the subscribe
13:06button ring little notification bell and
13:08then comment down below any comments
13:10criticisms ideas etc that you have on
13:12the video thank you so much for watching
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