How to make money in 2020
Open me for timestamps & free money**
2:00 Flipping/ Abritrage
3:35 Food Delivery
5:10 Labor Work
8:09 Digital Services
10:44 Youtube Channel / Blog
12:25 BONUS- MAKE AN INSTANT $50- $1400
1. Flip things online-
1. Fancy word for arbitrage.
4. Clearance items (Companies going out of business)
2. Food Delivery Service
As many Americans continue to shelter in home due to the pandemic, food delivery services are reaching some all time highs.
Uber acquires Postmates for 2.65 billion dollars
What we are seeing is a huge demand of food delivery services. Before 2020 uber, lyft, ride share apps where big. It seems like food delivery has alot of advantages as well as being able to create income.
If you want to make money this isnt a bad gig. – Download your favorite podcast and listen to some business books while autonomously just driving food around.
3. Labor Work
Benefits to this: You get in shape and its very rewarding.
1. Shoveling Snow
2. Mowing the grass
3. Digital Work
Marketing. Most busineses run by older people don’t do a good job with this. If you are younger or a teen chances are you know how to work a phone and you can learn the necessary skills in order to help other businesses.
1. Updating pages for Yelp, Trip Advisor
2. Creating a website, instagram page
3. Taking video/ photos for the business
Go out to businesses and offer them a service.
Charge them an hourly fee or a lump sum in exchange for completed services.
You could start someone at $25 dollars an hour or if you say hey let me build your website and you watch videos on youtube and you do this for other businesses a simple couple pages and you charge them $500 for the whole thing and it takes you a few days. Thats still money.
4. Affiliate Marketing – Dropshipping – Dropservicing.
1. Compare Amazon affiliates
2. You don’t need to invest in goods, you just need to market.
3. All the resources on getting started are available online for free.
5. Start a Youtube Channel or Blog
It took me a while to figure out how to monetize Youtube.
To be honest. It took me almost a decade to figure it out. Now granted when I posted my first video it was a call of duty black ops on the Wii channel.
I made some fishing videos and now Im here with my personal finance channel.
Youtube opens up many streams of revenue and connections.
2. Affiliate Links
4. Networking Opps
5. Speaking Gigs
6. Press Releases
You make money AND you can get clout.
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Look. Most people think there arent many ways to make money online. I was that person. I grew up with the same mindset that almost every single one of my peers had and thats you have to work a secure and stable job in order to make something of yourself in this world.
Now most of these people that told me I couldnt do it are stuck working for crappy bosses and making close to minimum wage.
Take that risk and make money working for yourself. Because at the end of the day if your making money on your own NO ONE can take that away from you. Not your crappy boss, not government, not your parents or your friends.
Its something you have control over.
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Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
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