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These side hustles earned her $11,000 in 100 days 😎
Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
These Side Hustles Earned Her $11,000 in 100 Days
Launch a VA Business From Scratch in 30 Days
He Built a $70K/Month Agency in Only 3 Years
Is Your Business Idea a Painkiller or a Vitamin?
Database of Hard-To-Find Info Sold For $25 Million
$6000 a Pop Designing Home Video Studios (Virtually)
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These Side Hustles Earned Her $11,000 in 100 Days
📝 A woman named Jackie Mitchell was recently featured in a CNBC article…
Jackie has a video on TikTok breaking down the different side hustles she tried and how effective they were 👀
Numbering them for easy reference…
1) Prolific
A survey site that Jackie claims pays $15-20 per hour 💵
She was on their waitlist for 8 months before getting access.
Focus group opportunities that pay around $100 an hour. You basically share your opinion on new products.
Jackie only got offered 2-3 during her month-long challenge.
3) Swagbucks
Another survey site but Jackie mainly recommends doing their Game Offers, where you get paid to play mobile games 👾
Don't expect to earn much here though.
4) Data Annotation
With this you get paid to label visual data. Sounds quite tedious, you have to pass an assessment, and Jackie doesn't highly recommend it…
the work is so boring and so hard sometimes
But people in the comments say you can earn up to $30/hour 🤑
DataAnnotation.tech seems to be one of the main sites for this.
5) Remotasks
Jackie didn't try this one but wishes she did.
It's a marketplace where you can get paid to do simple tasks like labeling images and transcribing audio.
💬 Someone wrote in Jackie's comments…
I love remotasks! They always pay just above $20 an hour for me
6) UGC / Brand Deals
Not sure how many followers Jackie had on TikTok when she started her 100-day challenge, but she has 127K now.
Apparently she started getting more attention on TikTok via the challenge, and brands then reached out and offered her sponsorship deals 🤝
Jackie doesn't say how much she earned from this, but I suspect it was a lot more than what she earned from 1-4 above.
However, you don't need a big social media following to make money this way, as covered in a story we shared recently…
TikTok offers creators a bunch of ways to monetize 💰
Again, Jackie doesn't go into details here, but I suspect she earned a good chunk of her $11,000 this way.
This is Jackie's page on Amazon where she lists some of her favorite products and earns a commission if someone buys via that page.
She has it linked via her linktr.ee which is in turn linked from her TikTok profile.
9) Referral Links / Affiliate Marketing
You can also see these via Jackie's linktr.ee.
She gets paid a commission for referring people to sites like Swagbucks.
My takeaways 👇
First, it's a pity Jackie didn't give a breakdown of how much she earned from each side hustle 😢
But if I had to guess, I'd say she probably earned 80% or more of her $11,000 from 6-9 above.
And those income streams are much easier when you have an audience.
Still, the others are worth trying to earn a little extra cash in your free time.
Second, if you do want to build an audience, doing some kind of public challenge like Jackie and sharing your progress can be a great way to do it 👍
Launch a VA Business From Scratch in 30 Days
Today's email is brought to you by The Savvy System.
That's a top-rated course for building a virtual assistant business 🏆
We've collected 26 ratings and reviews from students.
Here's what one student had to say…
I bought the course 9 months ago, and now have a full-time business with 17 clients and 5 employees. The program offers step-by-step instructions on building a business and the options to scale. They cover everything from branding to taxes.
He Built a $70K/Month Agency in Only 3 Years
Ayush Sanghavi is the founder of Byldd, an agency that…
…works with founders and entrepreneurs to create a minimum viable product (MVP) as quickly and inexpensively as possible.
📝 Words from Ayush in a recent interview…
I established Byldd as a side project in 2020. Beginning with just one engineer, we’ve grown into a team of more than 55 professionals, generating more than $70K in monthly recurring revenue and launching 2-3 products each month.
Ayush started his career as an electrical engineer in Dubai 🇦🇪 but then jumped to software entrepreneurship…
I always wanted to start my own tech business and software because I couldn’t afford to hire anyone else to write code for me. I ended up helping a bunch of early-stage companies, building two businesses of my own before Byldd and eventually starting Byldd to then help other non-technical founders who were in a similar position.
Sounds like he had some professional experience which he was able to leverage to start Byldd..
I’ve led several product teams and consistently noticed a common issue of founders spending excessive amounts on products that do not resonate with the market.
These founders often lacked strategic partners to guide them on what to prioritize, how to approach the market, or inform them about the typical challenges and traps associated with building tech products.
🧐 Finding their first clients…
I was pretty involved in the startup ecosystem in NYC – had been going to some events for a few years and got to meet many founders. The first few companies we worked with came from that network.
Most of our businesses still comes from referrals – either by clients who liked our service or by Angel and VC investors who send their portfolio companies to us.
🤑 Byldd's pricing…
for an initial MVP is about $10-15K and takes about 1 to 1.5 months.
Ayush adds…
The other way we make money is by investing in our portfolio companies and acquiring equity. This ties us even further with the founders we work with – their success is our success.
I like how the idea for Byldd came from something Ayush noticed when working in the corporate world.
Can you think of any issues you noticed in past jobs that could be the basis of a business? 🤔
Also worth emphasizing that Byldd's first clients came via local networking events.
We tend to have more trust in people we meet face to face, and offline events are unbeatable for creating those connections.