okay so I made my first $10,000 or £10,000 cuz I'm here in the UK when I was a seconde medical student and that money genuinely changed my University experience before that point I didn't really have my own money but suddenly when I made my first 10K a it introduced me to the idea of like how to actually make money properly on the internet and that has completely changed my life because then the following year I made like 40K in profit the following year after that was like 50k in profit now it's like business does several million a year in revenue and several million in profit and all of that really stemmed from the fact that I learned how to make that first 10K as a student and secondly it also helped transform my experience of University because I was able to then use that money to go on holidays and trips and stuff and just not think too hard about the finances admittedly if ID wanted to I could have asked my mom for the money and she'd have been like of course etc etc but there's something about independently earning that money by myself that made me feel this profound sense of empowerment in a way that asking my mom for money really wouldn't have done so I think for any student watching this or anyone watching this really if you haven't yet found a way to make 10 k a month on the internet off of your own back it is a skill that is very learnable and it is a skill that can massively change your life which is why I'm making this video now the first thing to say is please don't be intimidated by the figure of 10,000 it sounds like a lot if you told me when I was 18 19 years old that I'd be making videos casually teaching people how to make 10K I'd have thought you were off your rocker because the most experience I had with money was earning like £15 an hour which is like $18 an hour doing private tutoring but when I learned some of the strategies around how to make money and learned even more of them over the last 10 years I now look back and I realize realiz huh I just had a skewed perspective of money I was thinking too much in a scarcity mindset I was thinking too much like a teenager for whom like $20 is a lot when you change the way that you think about how much is a big amount of money it really changes the energy with which you approach it and it makes it feel much more doable to actually ear those sorts of [Music] sums so if I could go back in time and give myself advice on how to make the 10,000 here is how I would be thinking about it you kind of want to begin with the end in mind so let's say the goal is $10,000 now there's broadly two ways to make money doing anything you can sell products i e Goods or you can sell services and it's generally worth emphasizing that the way you earn money is by providing value to people who can afford to pay you for that value money is simply an exchange of value so you got to figure out how do you add at least $10,000 worth of value to a person or a business or multiple people or multiple businesses so that's thing number one that I would say thing number two I would say is that you can really just work back from the number so there was actually one day in I think when I was like a third-year medical student where I actually made 10 grand in a single day and the way I did that is because I was teaching kids how to get into med school so I was running a course called the bmat crash course and we were selling tickets I think for £89 £89 or something and we had 150 people in electri theater so what is that so that was £1 13,000 that I made in a single day because I managed to get 150 people to pay me £89 to attend this course that I was teaching it cost me about £10 to sort of print the booklets and so this ended up being I don't know about £1,000 in booklet costs which took the profit down a bit I think it cost about 2k to hire the venue and so actually I ended up with about £10,000 worth of profit from a single day this was because I realized I had value to add I could charge a relatively small amount of money £89 for that value but I somehow got 150 people to attend the thing and therefore was able to make 10,000 a single day so you can charge a small amount of money to a relatively large number of people in order to make this happen the other way of going about this which is in some ways easy is that you can you can try and find five people to pay you 2 Grand this is actually way easier and this is probably the advice that I'd give to myself if I were a student trying to make money is that it's generally very hard to make money by selling to individuals which is what I was doing here I had a bunch of different advantages I've been doing it for 3 years at that point we had traffic to our website we had good word of mouth etc etc it's a lot easier to sell $2,000 or $2,000 packages to business to businesses and to do that five times so one thing that you might like to think of as a student is what is the sort of service you can offer to a business that would be worth more than £22,000 to that business so now we're going to zoom into that we want to get five clients we just want to get five clients paying $2,000 and that is how we're going to make our first $10,000 as a student so the next question is probably how the hell do you do that now there are various High income skills that you can learn that would help you actually charge $2,000 to businesses and just do that five times I've already made a video on those that'll be linked up there and down below it's about things like copywriting web design graphic design Consulting for software um but if I were to go back in time and give myself advice I'd be thinking firstly what are the things I'm already good at or already interested in you ideally want to find that sort of vend diagram of things that you're good at things that you enjoy and things that there is a market need for in my case when I was 18 I would have made this money by doing website design why because I've been doing website design since the age of 13 and I knew how to code and I knew how to develop stuff and design stuff and I'd been doing that was the stuff that I would do in my spare time when I got home from school that's kind of weird most people are not like that if you have something like that great go with that specific thing in my case it would have been web design or it would have been web development cuz it's not that hard to find businesses who are willing to pay $2,000 for a website to be designed and developed it's actually quite a small amount of money in the grand scheme of things but let's use a different example I didn't mention this example in my high income skills video and so we're going to talk about social media management if you're a student and watching this you are probably quite good at using social media and that you understand what Instagram is and Tik Tok is and how YouTube works and possibly even how Twitter and maybe LinkedIn works if you're a student watching this you have grown up in the age of social media most business owners most people who run businesses did not grow up in the age of social media because they are old and so being able to offer social media management as a service to local businesses or online businesses can be a highly valuable thing to do a local coffee shop Pro probably wouldn't pay 2K a month for it but they might pay 1K a month and then that might be a 12-month contract and now you've just made 10 grand with $1,000 a month contract for 12 months easy right like it's not it's not too hard to do that basically any local business knows that they want to get more leads and every local business knows knows that they should be on social media but they probably don't know how so local coffee shops local restaurants local accounting services the local dentist office the local private practice doctor office you just look at any business that is within a 3 m radius of your house or your University or your school and you can go up to them and you can ask them questions you can ask them what they're struggling with on a social media front and you can say hey I do this sort of think I'd probably recommend starting off doing it for free for your first client and say hey I'm a student I'm looking to get experience I'd love to do this for free for you when you do it for free they'll give you a testimonial you can turn them into a case study and now for subsequent clients you can say hey look this is what I did for this coffee shop over here and here's what they said and here's how much value they got from it and this is how many followers they gained on Instagram and this is what they said it did for their business would you like the same sort of thing and now it's relatively straightforward to find you just five clients paying $2,000 or just find one client who's willing to pay you $1,000 a month and as a student imagine getting $1,000 a month to manage a coffee shop or restaurant's Instagram account that's life-changing money that completely changes the game if you have if you had an extra ,000 a month kicking around but the point to reiterate is that you really want to find this vend diagram what am I good at what do I enjoy and what is there a market need if you feel like you're not good at anything you're probably wrong you probably are good at stuff but you can just learn stuff if you suck at literally everything you can just learn so find something that you think you might enjoy that you think there's a market need for if you spend a lot of time on social media which you probably do if you're a student social media management is a relatively straightforward way of doing this but then once you've made that money then you might want to manage it with a service like trading 212 who are very kindly sponsoring this video trading 212 is a fantastic app that I personally use that lets you invest in stocks and shares without any Commission in particular they have a new cash Isa which is paperless it offers the highest annual percentage yield on the market it's also fscs protected up to 85,000 if you're here in the UK and it's completely free to use both the cash Isa and the stocks and shares Isa are flexible which means you can withdraw from it and return money to it freely within the tax year without impacting your Isa allowance they also have a new trading 212 Cod that gives you 1.5% cash back which will be allocated to your investment account for each deposit that you make into your Isa so if any of that signs up your street then do hit the link in the video description and that will take you to this page where you'll be guided on how to sign up for an account and if you use that link you'll also get a free share worth up to the value of £1 it is completely free money you might as well so thank you so much trading 212 for sponsoring this video now at this point whenever I talk about this advice in like talks and stuff that I give to students people are always like how could I possibly charge a business $1,000 a month because you are thinking like a consumer you're thinking like a normal person normal people don't pay ,000 a month for anything but businesses really do it's really useful to understand that businesses value money in a ridiculously different way compared to individuals and it can be so hard to appreciate that upfront you kind of have to see it enough times to believe that that's a thing so essentially this is what I would do I would start off by doing it for free for a single client you have no business charging anyone for anything if you can't give it away for free and provide value I think this is one of the issues with all this sort of get-rich quick that you see online it's often around trying to I guess Swindle Swindle people out of their money and sort of provide a bit of a substandard service but really you want to be able to do the thing for free and add so much value so much value that the business owner or the person that you're speaking to feels so indebted to you that oh my God you've done such a good job that I almost feel bad that you did this for free they will give you an absolutely glowing testimonial so you start off by doing it for free then you think okay well I gave this much value away for free and you asked that person that you did it for free you know how much would you have paid for this I mean I did it for you for free but like how much would you have paid or how much do you think I could charge another coffee shop or another restaurant and they might say well you know maybe you could charge I know 300 a month and now you're like really 300 a month they pay 300 a month for social media they're probably like yeah they probably would so then you go to a restaurant and you see if you can charge 300 month and you say that with confidence and you say that with conviction and if you need help you can read books like million dollar weekend which I have a video about you can watch videos on how to do sales but really it's not that hard you just pitch it and if you pitch it enough times and if you aim to get rejected like 20 times I can 100% guarantee you're going to land at least one client the goal is to aim for rejection and then you get one client at $300 a month and again you give them so much value where they're like holy I have what a steal $300 a month and then they're like can you keep working with me this is amazing I want to keep going and then you're like yeah of course you know I'll keep you at 300 a month but to be honest you know I was thinking of increasing my prices to $500 a month but you know I'll keep you at $300 a month if you can give me a referral so do you have any other friends who run businesses who might need my social media Management Services now most entrepreneurs have a network of friends who are also entrepreneurs so if you get in with one of them and you provide so much value by referral you're you're then going to start Landing other clients now that restaurant owner might say oh yeah actually my brother runs the local dental practice and and they always complain about how they can't get enough leads and blah blah blah blah blah blah and they wish had someone Young on their team who could manage social media so then you go to that person's brother and you pitch 500 a month and you aim to get rejected 20 times and you guaranteed to land at least one client and over time you just sort of start laddering your way up also by giving so much value your goal should essentially be to give them so much value to provide so much value that they feel like they're getting a bargain for $500 a month again like if I was a student and someone have told me this like $500 a month like how how can anyone possibly pay it it must be a scam you do this enough times and you realize actually $500 a month is literally nothing to a business that's making decent amounts of money our business does 5 million a year in Revenue $500 a month doesn't even register in our profit and loss there are lots of businesses doing more than that lots of businesses doing at least six or or seven figures a year in Revenue those are sorts of businesses who don't really care about $500 a month especially if they can land more customers as a result of that spend if for example you're a medical practice and you do private surgeries private consultations you probably make more than $500 for a single consultation so in your 30day days of Instagram or Tik Tok posting for that Medical Practice if you can just give them one more client they're probably Roi positive any more clients beyond that and they're laughing all the way to the bank which is exactly what you'd want you want to provide more value than you charge for and over time as you ladder up your prices you realize oh actually I do have value you feel very empowered as an individual and as an entrepreneur because that's what you are at this point and you can just keep on increasing the prices until you make so much money that it it makes you question what the meaning of money actually is to quote Alex hosi oh by the way if you're enjoying this video so far then you will absolutely love my book feel-good productivity it's about how to be more productive in a way that actually feels good you can apply it to your studies if you're a student or if you're not a student you can apply it to your business and it'll basically teach you how to be more productive in a way that's actually enjoyable meaningful and sustainable so you can check that out it is available everywhere books are sold final thing to reinforce is that this is accessible to literally anyone maybe if you're in a country where $10,000 is a lot of money and business account of for $1,000 then like okay maybe you might have to adjust the numbers based on your own country's um purchasing price parity and stuff but if for example you're in the UK US Canada Germany any almost any European country $10,000 is very very very achievable as a student and you realize once you get there that oh this wasn't that hard and you start thinking about 100,000 and you start thinking about a million I've been in this game now for like 10 plus years I've been making money on the internet since the age of 18 I've just turned 30 and I've made over like I don't know 15 million online in that time and so now looking back at my student years and how I kind of thought oh my God like I feel so bad charging £59 for this course that I'm doing and how I just didn't realize that you could charge money to businesses I'm just like oh I missed I missed such a trick there I was so focused on thinking like a consumer I had so much imposter syndrome around charging money it was all kind of completely unnecessary and now like 12 years since I started University there is so much information online there are so many books out there about how to make money there are so many books about how to build businesses how to learn these high income skills there are so many YouTube videos from people like me and so many others about how to do this stuff and it can be so easy to be like oh it's just a scam but like there are there are people who are teenagers who are making $10,000 a month doing social media management as as a service or doing web design or web development like this is a thing people are doing it real people just like you are doing this sort of stuff it's not that hard but it does feel like a genuine black box when you don't know how the game looks and and how things work so if you're interested in learning more about this stuff you should check out this video over here which is about the high income skills that students should learn and you can just pick one of those and I guarantee if you just pick that skill learn it and try and sell it to businesses you'll be making at least $10,000 as student so thank you so much for watching hope you got some value out of this video and I'll see you in the next one bye-bye