Online Marketing

MY 6 STREAMS OF INCOME: How I Make Money At 18

So the reason why I wanted to make this article is the other day I found an image of me having my lemonade stand at nine years old making. My coin, I feel like I was obsessed at a young age to make money, not because I was a greedy bastard and what the heck, but oh you’re, nine years old. What the heck do you know it was because I loved creating a product and seeing people’s reactions from it.

I was obsessed – okay, I literally quit high school two years ago to pursue my online business as you can see from this like mediocre background, I don’t have a ton of money, but I was able to make a full-time living off of my online business and today I’m not sure cuz how I support myself and make my money let’s get started, quickest camera. I’m very well aware that this article could come off a little bit braggy.

I don’t want to sound like that at all, like I’ve come from very humble grounds like I was not able to afford my violin lessons, I wasn’t able to afford doctor appointments like I know how hard it is to just make it by what I do want To show you guys in this article is how it’s so possible to take your passion and make a living. So I hope this article gives you that light and choosey that things are possible.

So with that being said, let’s talk about money maker number, one other than the lemonade sandwich. I don’t really count as a business just yet. My first way of making money was selling through Etsy. I use at sea in a combination with eBay, but what I would do is sell vintage dolls for 20 % more than they bought it. Actually, I think I have it right now. Let me see if I can find it literally do not judge.

I know so. Many of you guys are going to judge me for this and think I’m a freak for collecting antique dolls but uh. This is her, so it was like 2010 okay and these dolls were hot. If you guys remember Paulette dolls, please comment below cuz you’ve literally, you will be my best friend, but these pulp dolls are retail like a hundred dollars each, but I would sell them for $ 200 or three or they are always sold out.

So that is how I make my money. When I was 10 years old, I was able to make, I believe, like three hundred dollars a month by selling a doll. It was pretty good for elementary school student and I was really happy with this business because came from a passion of loving dolls and if I could share another doll with someone else, I was just super ecstatic to do so. So the pros of selling dolls or products online is that it super-fun.

I found that, like I was able to educate customers because I love the product so much. I could tell you what’s the weight of this leg? What’s the material of the hair, like I love dolls, so much that uh. I was obsessed with talking about it and that actually made me such a good marketer, because organically I was able to create a YouTube blog surrounded by dolls. So I could sell and market these products keep in mind.

This is 2010 YouTube, okay yeah, so I wasn’t so cool with the editing yet. But this is an example of some of articles I made to sell my dolls: hey guys I’ll, be selling my pull-up wigs. That I have for sale and I might be selling this – I’m not very sure, but I bought it for $ 26, but it sold out it’s in good condition. The second week I have for sale is ten dollars, no doubt about it. The cause of selling products online is it’s really not scalable.

I’m very well aware that you don’t need to scale everything, but I couldn’t sustain this business because it required you to buy like all these products ship out yourself – and I just didn’t have that time, because I was a kid so yeah. That is the cons. But I really genuinely enjoyed my career in this field. Literally guys go to your closet, find antique toys that you have and your kid pop it into eBay, and you can actually see what are people selling it for and how much lower can you sell it for and it’s really easy to turn a profit just based On products you have at home all right to drop shipping.

So when I was 10 years old, I basically was like fuck this shit. I want to sell other products than dolls and I turned to Alibaba. So during this time of YouTube, it was like the kawaii age, for basically all animal products were giving personalities. So there was this like bear called Rilakkuma. It was a famous freaking bear and I would buy these key chains of this bears face and sell it on Amazon, and I was able to make $ 5,000 a month based on that product.

The pros of shop stripping in 2011 in 2012, was there’s literally no competition. Now the cons is, it’s just now really competitive and I would say it’s pretty cost intensive, at least the way I did it. I fulfilled it out of my own home. You have to keep in mind that someone has to do those physical labor work. I’m not sure how it is right now, just because I don’t do that anymore, but that is just something to keep in mind.

Alright guys so number three of how I used to make money was freelancing. You guys, if you are a student or you’re someone who is a teenager, you want to make money. This is my best advice to get started. You don’t need to be a serial entrepreneurial. You don’t need to create a lemonade said. All you needed to do is have a single skill and make it worth for someone else, and all I did was provide photography services, my school’s hard to know me as the Instagram girl.

So I was like okay guys. If you want photos, it’s going to cost you 20 bucks a session, so I went on these photo shoots. I had this very cringy like portfolio account where I would show my clients, and I would go on these $ 20 shoots. Honestly, it was super fun like I just organically grier, my little photography business started to do senior portraits, oh and by the way, pro tip guys, suburban moms, with a little bit of cash flow or your best clients.

Okay, if you’re doing photography for senior photos, especially those moms gotcha, I would actually recommend to literally go to Zillow and type in like high income houses above like half a million dollars or a million dollars and literally go to those house areas and, like hang up Flyers or Facebook ads to hyper target them on those houses because they have more money to spend on your services like, I was able to charge a hundred and fifty dollars for senior photos, and that was Bank at my time so going to find the best customer.

I can actually afford your services if you do that. So that’s a pro tip now I feel like Jayde. I don’t have a skill in photography. How do i, freelance? I would actually recommend fiber comm? This is not sponsored. I just heard they have other virtual assistant type of tasks, whether you can do email replying for someone else or company. You can do like some bitch work, essentially there’s tons of offers on Fiverr that you can just pick up by sending up an account, and I haven’t personally done it, but I definitely know there’s way more skills and taking photos that you can do so with freelancing.

I was able to make a thousand dollars in the summer and I was a bank for me. I was just rolling in dough, so highly recommend freelancing all right. So now, for the controversial lesson of the day, a lot of people say no you’re worth when it comes to freelancing. Now I have a contradiction to that. I also think it’s just as important when getting started to do free work. I remember that I couldn’t charge people $ 20 for a photo shoot, so it just took photos on my friends to build up my portfolio for a whole year instead, and I think there’s not a lot of people talking about that, at least in what I’ve seen So I just definitely think like yes charge your coins this and get your money, but also don’t be afraid to do free work like sometimes here and there.

For my businesses, I will sometimes lose by taking projects, but I know it’s in a build of experience and build up my technique to get better. That’s just something to keep in mind, don’t be afraid of free work. Alright, so the fourth way to make money is social media. When I was around 16 or 17, that was a time I actually dropped out of high school and it was because YouTube was starting to pick up.

I make money on YouTube in three ways. One is Adsense, so I get place ads you see on this article. I got paid for affiliate links and I also got paid for sponsorships honestly for a 1 million viewed article. I get paid around 4 to 5 thousand dollars for that just coke campaign, so it was able to sustain me for like a few months and that’s why I felt a little bit more comfortable to drop out of high school at like 16 years old.

So I was making a little bit of cash from those articles. I do have to say, though, the pros starting a YouTube blog is it’s very profit friendly like you only have to invest in a camera, and my parents really did help me kind of get my feet off the ground and invest and help me get this camera. But the cons is it’s not a sustainable, as you think I definitely have articles with a million views, but I also have articles with like two thousand views and that variance and views can also correlate to income.

So I realized that, like obviously yeah, I made a few thousand dollars through YouTube articles, but I have to diversify and create a sustainable brand. So it will lead me to my other revenue streams in just a second. But that’s just something to keep in mind of wins, earning YouTube blog. You have to diversify as soon as possible, so with diversification, number five consulting. So, as my blog surpassed like a hundred thousand subscribers, I started to get approached by brands to consult for their Instagram and YouTube strategy to grow their brand, and I got paid like seventy-five dollars an hour which is pretty cool like I was able to afford apartment In LA travelled the world, it was pretty good like I made a decent living, but I definitely think it’s a tricky situation when you trade time for money, because you could be someone’s bitch easily.

So I really tried to at least you know charge more throughout the years. So now I do around $ 500 an hour give or take. I don’t do too many hourly consulting sessions anymore, because I prefer to do project-based stuff. I just find that training money for time can easily become a job like I didn’t start a business to get employed by someone. I started a business to create my vision, so it’s really important if you guys do do consulting like just to be very mindful of that, because, yes, it’s very profitable, but you can easily be someone else’s bitch.

If you don’t know what you’re doing and you’re just not charging enough for it, because I’ve lost more money, sometimes by consulting because it took me a flight to get there come back book. A hotel like I’ve definitely lost money. So just to be mindful of that profit and cost me guys, if you’re so far and trying this article make sure to give this article a like to. Let me know that you’re doing it subscribe to this blog for more articles about entrepreneurship.

Alright number! Six! Now I currently make money through software in my own products, so basically after consulting like I said, I just became very, very tired of just trading money for time and I realize, like my dream, has always to build a product like since the lemonade stand days. I was just obsessed creating experience, I just didn’t do it anymore, just like it was so sorry, I’m being dramatic.

I was just super grateful for those opportunities. Of course, like I’m, not saying, I’m not grateful for those consulting sessions, but I am saying, though, is I knew that it was time to start something new. So, a year ago, with my co-founder, I started a text message. Software called PBJ app, and this has been amazing journey. Pbj is a text message platform for brands to use to grow their business and for every customer we get it’s around fifteen hundred dollars and the pro of software is that it’s very scalable, like adding one user.

Doesn’t cost us too much money, however, the biggest cons of doing software is it’s very capital intensive at the start, like we probably put in over a hundred thousand dollars into your platform so far, and we still have another half a million dollars to go to finish. Our platform like it is not cheap and I literally pour every lick drip of money. I have into this project cuz. I really believe in it, but yeah, that’s just one of the cons of building your product, but I love it.

I really love our platform and, if you guys want to know more information about my text, message pod for I’ll just put information in the description box and you guys can check it out around the same time I started PBJ. I also started East Lake, which is a food box. I’m not going to go too much in detail about this project, but I started a food subscription box company. Don’t ask why I just pull myself into very interesting opportunities that don’t really make sense all the time, but yeah each box is thirty dollars, so we don’t make a ton of profit honestly on the boxes.

We actually lose more money, but yeah. That is another revenue stream that I’m currently working on and really trying hard to build and hopefully become profitable. I actually have a whole article about how apps don’t make money. I will link it up here in the cards on the description box. If you guys want to know why most companies aren’t profitable, alright guys so to break it down, you saw six ways of how I make money, and now I’m going to show you guys where I make my money, mostly so 30 % of my revenue, I would Say is from piaget gap its customers that pay us to use our text message platform, then the other 30 % is consulting.

I could sold for Shopify brands to grow the business for e-commerce. My father and I have kind of worked on that together, another 30 %. I do make from YouTube whether it’s ads sponsorships. I definitely think that YouTube has brought me so many opportunities with that and, lastly, how this like little sliver percentage, our just random gigs that I do like I do have each like. I have a couple other side.

Hustles I like have an obsession with running businesses, as you can tell like. If there’s a lemonade stand opportunity, I’m jumping on it so yeah, I definitely spread myself a little thin. Sometimes my main focus has always been PBJ consulting and youtube. So those are the ways I curly make money, hey guys. So I just say thank you so much for reading today’s article, if you guys want to know more about entrepreneurship and how I spend my money, give this article a thumbs up and shout out to the comment winner.

That’s supposed to be beach for the next step. This comment: if you have any questions about business finance, I’m not an expert. I actually don’t have his savings. If you guys want to know a whole article about why I don’t have savings, let me know – and I can talk about how I spend my money – I’d love to hear thoughts. Thank you guys. So much for reading and I’ll see you guys in the next one.

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