Transcript for:
Teen Business Models to Earn Income

there are five business models that can realistically make you $5,000 a month as a teenager this year and I'm confident at least one of these will work for you because I've tested or friends who do all of these successfully but there's one specifically that stands out from all the others that I'm going to reveal at the end the first model I had to go over was building courses for influencers what this model is all about is going and contacting bigger influencers who don't have courses or paid communities and then offering to build it for them the way you'd realistically makeone most of your money is by taking a percentage of the course you make for them or a really high flat fee all the people you see like imong godi Andrew Tate all their courses were built for them by different people in this area this model also would quite literally require zero upfront cost because you just be using the other person's money but what you bring to the table is the skill hear me out I see this as one of the lowest barrier to entry models I get a couple hundred DMS a day of people asking me to build my courses hey Daniel can I guarantee you 20 to $30,000 a month within the next 30 days these are the types of message that I get on a daily basis if you just stand out a little bit then I'm sure you'll be able to excel in this business model now it does go a bit deeper than that though because you can obviously work with one to two influencers but then you yourself need the infrastructure to be able to take on like 10 20 30 clients at once and that's when you build out your own growth operating agency which is what this model is technically called you'd go ahead and hire like 10 to 20 employees whether it be editors managers ideators all that good stuff and then you get them to go and run the behind the scenes operation whilst you or someone you know does all the Outreach work what I'd recommend for someone to stand out in this field would be to go and actually send them an example of how you'd run a course whether it be making a mockup Discord server or a mockup website for them that has low cost but we'll show them that you're somewhat dedicated to making it work if you were the one who had managed to catch Andrew tape before he had blown up and reached out to him asking him to build a community then that would have been an easy bag on me 10 grand Amer one of the big benefits to a business like this as well is that these businesses have multipliers to them so you're actually building Equity value that you can eventually exit your business for now this sounds great and all there's potential to make 55 $20,000 a month that's fantastic but there are definitely many downsides one of the main ones being like I told you I'm getting hundreds of DMS a day I can't imagine how many of these other creators are getting and whether you stand out or not I'm sure this is getting so tiring for these guys to get these types of DMS that they're just ignoring them altogether another downside to this business model would be that most times creators will be stingy with you and won't give you Equity of what you're working on even though you may deserve it from my experience when you're hiring out little roles like that whether it be editing design getting someone to manage your channels people don't really like to give a percentage of the revenue out instead they'd like to get paid a flat flat fee and those flat fees at most will get you 10 to 15K if that's like a super s tier Andrew Tate hostage University type client but if you're going to more of the average Creator you're getting paid like anywhere from $1 to $3,000 per gig Now growth operating is great but in my opinion the next best business model has to be affiliating for Tik Tok shop there was a story the other day that I saw of a guy who made over $17 million in one weekend running a product on a live stream this guy had like three to Affiliates promoting his product for him and at minimum they all definitely made over six figures in one weekend and this isn't a unique case I'm seeing multiple people throwing screenshots out on Twitter of making over 50 to $100,000 a week in Revenue just selling other people's products and taking a percentage this is starting to grow more and more rapidly as Tik Tok is releasing new features on their store which is making it easier to sell products all you have to do as an affiliate is pretty much make a Tik Tok account partner up with the person who runs the brand and every time you get get a sale you're getting a pretty nice percentage of it there are people who have quite literally started 2 to 3 weeks ago that are making upwards of five figures a month now with no prior experience all you really need is your phone Tik Tok and the product that the person sends you those are some outrageous numbers I'm not going to lie ever since this feature came out it's probably been one of the biggest wealth transfers that I've witnessed ever since other business models came out like YouTube and Snapchat which I did now on the outside everything seems great I'm just going to make 30 to 60c videos for this product go ahead and start making racks right but it's not as sunshine and rainbows as that presents itself to be and the reason for that is because Tik Tok are Banning a lot of these accounts because the products that they promote are against to and the platform is known to be one of the strictest when it comes to content so I've seen people who are printing 50 to 100K a week and then from one day to the next go to absolutely zero because Tik Tok T down their shot but if you want a business model that you are in 100% control of and don't need to rely on a platform to operate or you getting banned that's going to be doing sales for courses and influencers now a lot of these influencers have these courses some of these courses go up to $ to $5,000 per package and in order to sell these packages these guys are getting sales people on calls with potential clients in order to finally close them into making the purchase these commissions can go pretty well anywhere from 5 to 25% is what I've seen and when you're selling A5 to $10,000 product you can make anywhere from 1 to 2K per sale I've met personally some sales guys who do around 5 to 10 closes a day on maybe $1 to $2,000 products and that adds up to a solid couple thousand a day the best way that I could recommend to get into it is by opening up a Twitter account opening up an Instagram account and connecting with other guys on the platform everyone knows somebody so if you get connected with the right people there's High chances that you'll be able to eventually land a job and realistically your close rate which is how many times you're going to actually sell a product will be around 20 to 30% from what I can assume so if you really stack up as many calls as you can every day there's no reason why you can't make a decent living doing so now although all those things are great there are a couple downsides that I have to cover with the model and that's that realistically starting up you're not going to make a lot of money for quite a while because your close rate won't be good at first that does seem normal to some of you guys you might think like yeah obviously I'm not going to be as good starting out that's going to take time but I've heard from people that it takes anywhere from 6 to 12 months to actually start making good money from like 4 to1 $20,000 a month so if you really want to lock in and grind that's 100% the business model for you for people who want relatively quicker money and don't really want to wait 6 to 12 months to possibly have the chance of making all that money I wouldn't recommend sales directly because there's barely any chance that you will land a really good sales job initially because no one's going to hire you cuz you're not good enough but let's say you want to work a more creative job job and have a chance to go viral on social media the next model would definitely be to Circle back to the Tik Tok creativity program now this program released early this year and is paying and it's paying people roughly a dollar per thousand views and all you have to do is post videos over a minute long these videos take barely to no effort at all they can be on a very wide range of things and one that I've seen pop up recently is this trend where people are messaging AI to generate a photo and they're making it crazier and crazier and crazier making a video like that would take anywhere from 2 to 5 minutes to make and you have the chance to make thousands of dollars one of my good friends Musa is making over $30,000 a month with the Tik Tok creativity program and I know many other people making over six figures a month there's even people making fake Reddit stories on the platform all types of things and they're getting paid insane amounts of money and I actually recently launched a SAS company that helps people do this we're basically an all-in-one tool for Tik Tok so you can generate text of voice text to image autogenerate captions and if you even want to do those split screen GTA gameplay videos you'll still get paid and the software has an endless amount of these stock footage GTA gameplay and Minecraft Parkour videos I wanted to actually make it as good as possible and as easy for anyone to get into and use but I'll be honest even though Tik Tok is great and can pay you so much money for very little effort there are multiple downsides one would 100% be how Tik Tok is flagging these videos for reused content content which basically means that if you post a video that maybe uses a bit of someone else's content there's a high chance that you can get flagged and not get paid for the video there are obviously ways around this but to the average person who isn't really too deep into the community it might be hard to get started and understand how to not get copyright strike or getting your page taken down another pretty annoying downside would be the fact that Tik Tok will sometimes kill your account's RPM and pay you anywhere from 20 to 30 cents instead of the $1 that they should be and now for the last AKA my personal favorite business model would have to be faceless YouTube channels now I'm sure that term has been coined around everywhere and you're hearing it over and over again in recent weeks and days but let me explain how beneficial this model can truly be for someone who's even brand new going into the space long form YouTube channels have been literally easier than ever to blow up in recent times and the reason for that is because YouTube are promoting your videos like crazy just to give you an example if you go right now on YouTube the fifth or sixth video on your homepage is going to be a video with under 1,000 views YouTube are testing channels to see if they're good enough to blow up so if you try to make the best video that you can possible on a brand new channel there's a good chance that if the video is actually good it will perform well now there's countless success cases that I can go over but there are these channels all over YouTube like rebound Dr Insanity all of these channels are faceless and they're making millions of dollars a year not to mention the fact that you can get sponsorships on these videos which will pay you anywhere from $5 to $20,000 a video if you're getting decent views and in my opinion the icing on top is definitely the fact that you can build a brand out of the channel you create for example rebound which is a massive basketball bases Channel could 100% build a basketball or Sports company out of their little YouTube channel they could make custom basketballs they could do jerseys any of that cool stuff and I'm seeing more of these channels pop up in recent weeks because this is a model that's starting to boom and on average this isn't insane for me to say someone who's starting within 2 3 months can easily replace a $4 to $55,000 a month income although YouTube is great promoting your content relatively easy to start up there are a couple negative factors that come into play like every business model one would be that if you don't know how to edit or design yourself you will need to Outsource this to someone else which might cost a bit of upfront money but I'd highly recommend that you learn these skills yourself because they're really easy to do I prefer quality over quantity so I spend anywhere from $500 to $11,000 a video on my faceless channels but I know people who are spending like 70 to 100 bucks and getting the same if not more views than I am it all depends on the niche you're in and the types of videos you're posting a big misconception with faceless YouTube channels however is that they're automated and that is not true at all but all in all YouTube is definitely the play to be in in my opinion there's the opportunity for making a decent are good monthly income you can create Equity value out of it by selling a company if you launch a brand under your channel and you kind of never need to show your face and I know most of you watching this video are dreaming to even make $1 to $5,000 a month on social media and I promise you it's not that hard when I was 15 I personally caught on to the Snapchat content method when it was in its early stages and made over half a million dollars so if you want to watch that video click the link right here