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Deleted member 371166
mtn moneymaxxer
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NOTE: Not giving insane details on each method. Might make a megathread later. I have made money off of all of these, more on some, less on others.
This thread should give you insight based on my experience so you can come up with your own ideas. Good luck grinding.
Easy Ideas:
- Reselling (5/10)
How to do: basically, find underrated suppliers from like temu or aliexpress in China. Especially in university, people will try to statusmax by buying fake shit. In order to not get into legal trouble, make it clear your products are fake. This will actually get you more customers because there are more people trying to buy fake stuff than real stuff. Selling real stuff requires more credibility while you can sell fake shit with low credibility simply using connections and by proving its decent enough quality.
There are genuinely real Chinese suppliers with high quality goods that are cheap because of manufacturing costs. You could blow a ton of money shipping and it would still be cheap as dirt. Only problem is they will only sell in bulk, make sure you already have preorders before buying from suppliers.
Profit Margins: At my very peak, I made 3k in one month using this method. Decent for a side hustle if you want some luxury item like a low end luxury watch or a new phone. Does not take that much time or work to run. I quit because highly difficult to scale, inconsistent customers, unsurvivable income level. Treat this purely as a side gig or one income stream among many.
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- Day Trading (3/10)
How to do: depending on what you're trading to be honest. I traded gold and made basically nothing. The issue is that you simply must have a large pool of capital to be profitable, or join a prop firm with big accounts which is difficult. Very psychologically draining too.
TLDR; You need money to make money. Only gave it a 3 because its genuinely profitable if conditions are met.
Profit Margins: Made literal pennies off of this. Maximum income (best month) only landed me 560 dollars in profit. You could argue this is a skill issue on my end, which I agree with. My point is that the effort and startup cost is simply disproportional compared to the amount of money you are likely to make.
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- Selling Learning Guides (6.5/10)
How to do: basically, a lot of people want to self learn things like video editing applications, 3d modeling, etc. However, there are simply too many learning resources to actually give them a structured straightforward path, and they also do not want to pay like $150 for a course. Simply find learning resources online like videos, use AI to give summaries, and create a detailed roadmap for learning said skill. Compile all into a doc and sell it for ideally $9.99 max. I sell on etsy, and even until now it is still making me passive income. For less comprehensive guides charge like $3.00.
This sounds like a shit idea until you realize that if you just get 3 customers a week, you have 12 customers per month (which is average/decent). If you sell your document for $9.99 (we are rounding to 10 for calculation simplicity), you are making 120 dollars a month off of one document. Sell ten (which is a low amount) and you have $1200 per month from doing basically no work. I don't even check how much money I make because I stopped scaling this long ago. My old ones are still being sold and generating passive income however.
Profit Margins: Made 5k in one month off of this, at my very peak. I have about 30-40 documents on my etsy making me on average $1500 monthly I believe. Rarely I will dip below $1000 but it's likely just a bad luck month. You may think this is small money but keep in mind that you are doing literally nothing but occasionally updating tags or sending links to people when they ask. This is basically afk farming.
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- Selling AI Websites (8/10)
How to do: basically, in this current era lots of family owned businesses run by middle aged people have bad branding. They have no idea how to use ai or make proper websites in many cases, and do not actually care if you use AI as its simply too complicated for many of them. Hiring a manual designer takes thousands so you can use ai like base44 or integrated APIs in framer in order to make websites in literally less than an hour including minor tweaks and manual image addons.
Charge them for website creation and then charge monthly for maintenance. You can hire developers from the balkans for cheap to maintain the websites while you scale up. Highly scalable idea and is a solid survivable business.
Profit Margins: Currently still working on this. Have not reached consistent income yet, but I'm getting there. This is seriously profitable and will see growth if you tried hard.
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Personal Info: Currently making an average of $5,000-7,500 monthly off all efforts. Recently hit $8,000 on AI B2B business. Totaling all income sources made 9k. This isn't actually my average income but rather it is an exceptionally good month. I will be better in about a year or two.
This thread should give you insight based on my experience so you can come up with your own ideas. Good luck grinding.
Easy Ideas:
- Reselling (5/10)
How to do: basically, find underrated suppliers from like temu or aliexpress in China. Especially in university, people will try to statusmax by buying fake shit. In order to not get into legal trouble, make it clear your products are fake. This will actually get you more customers because there are more people trying to buy fake stuff than real stuff. Selling real stuff requires more credibility while you can sell fake shit with low credibility simply using connections and by proving its decent enough quality.
There are genuinely real Chinese suppliers with high quality goods that are cheap because of manufacturing costs. You could blow a ton of money shipping and it would still be cheap as dirt. Only problem is they will only sell in bulk, make sure you already have preorders before buying from suppliers.
Profit Margins: At my very peak, I made 3k in one month using this method. Decent for a side hustle if you want some luxury item like a low end luxury watch or a new phone. Does not take that much time or work to run. I quit because highly difficult to scale, inconsistent customers, unsurvivable income level. Treat this purely as a side gig or one income stream among many.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
- Day Trading (3/10)
How to do: depending on what you're trading to be honest. I traded gold and made basically nothing. The issue is that you simply must have a large pool of capital to be profitable, or join a prop firm with big accounts which is difficult. Very psychologically draining too.
TLDR; You need money to make money. Only gave it a 3 because its genuinely profitable if conditions are met.
Profit Margins: Made literal pennies off of this. Maximum income (best month) only landed me 560 dollars in profit. You could argue this is a skill issue on my end, which I agree with. My point is that the effort and startup cost is simply disproportional compared to the amount of money you are likely to make.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
- Selling Learning Guides (6.5/10)
How to do: basically, a lot of people want to self learn things like video editing applications, 3d modeling, etc. However, there are simply too many learning resources to actually give them a structured straightforward path, and they also do not want to pay like $150 for a course. Simply find learning resources online like videos, use AI to give summaries, and create a detailed roadmap for learning said skill. Compile all into a doc and sell it for ideally $9.99 max. I sell on etsy, and even until now it is still making me passive income. For less comprehensive guides charge like $3.00.
This sounds like a shit idea until you realize that if you just get 3 customers a week, you have 12 customers per month (which is average/decent). If you sell your document for $9.99 (we are rounding to 10 for calculation simplicity), you are making 120 dollars a month off of one document. Sell ten (which is a low amount) and you have $1200 per month from doing basically no work. I don't even check how much money I make because I stopped scaling this long ago. My old ones are still being sold and generating passive income however.
Profit Margins: Made 5k in one month off of this, at my very peak. I have about 30-40 documents on my etsy making me on average $1500 monthly I believe. Rarely I will dip below $1000 but it's likely just a bad luck month. You may think this is small money but keep in mind that you are doing literally nothing but occasionally updating tags or sending links to people when they ask. This is basically afk farming.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
- Selling AI Websites (8/10)
How to do: basically, in this current era lots of family owned businesses run by middle aged people have bad branding. They have no idea how to use ai or make proper websites in many cases, and do not actually care if you use AI as its simply too complicated for many of them. Hiring a manual designer takes thousands so you can use ai like base44 or integrated APIs in framer in order to make websites in literally less than an hour including minor tweaks and manual image addons.
Charge them for website creation and then charge monthly for maintenance. You can hire developers from the balkans for cheap to maintain the websites while you scale up. Highly scalable idea and is a solid survivable business.
Profit Margins: Currently still working on this. Have not reached consistent income yet, but I'm getting there. This is seriously profitable and will see growth if you tried hard.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Personal Info: Currently making an average of $5,000-7,500 monthly off all efforts. Recently hit $8,000 on AI B2B business. Totaling all income sources made 9k. This isn't actually my average income but rather it is an exceptionally good month. I will be better in about a year or two.
