Side Hustle Success: How to Make 300 Dollars a Day

I make over three grand a month on YouTube
but just found a way to make $300 dollars a day without even making any videos. I’m also going to share a way to hack Amazon
deals for another side hustle that could mean thousands a month. We’re talking ways to make money online
today on Let’s Talk Money. Beat debt. Make money. Make your money work for you. Creating the financial future you deserve. Let’s Talk Money. Joseph Hogue with the Let’s Talk Money channel
here on YouTube. I want to send a special shout out to everyone
in the community, thank you for taking a little of your time to be here today. If you’re not part of the community yet,
just click that little red subscribe button. It’s free and you’ll never miss an episode. This is the second in our side hustle series
and really came out of that income survey I talked about in the first video. Here were people in our Let’s Talk Money
community I know I can help, people living on less than a couple grand a month and I
knew we could put a couple of videos out and turn that all around. People like Erik that are working part-time
and Randy that’s been a great part of the community. So I put this three-video series together
to share the best side hustle ideas I’ve seen. Again, we’re not talking about some of those
lame per-hour ideas you see like transcriptionist or spammy survey sites. I’m talking about legit business ideas that
will make you $200 to $500 a day EVERY SINGLE DAY. I saved my two favorite income ideas for this
video, two businesses that either one can make you an extra $300 a day. Make sure you check out that first video though,
I’ll leave a link to it in the video description below, because these side hustles aren’t
like a either-or scenario. Put a few of them together and you’re easily
making that $300 to $500 a day. Our first side hustle to make $300 a day,
and I didn’t even think this was legal at first, is to use creative commons videos on
YouTube. If you spend any time on YouTube, you see
your share of videos that are just a collection of video clips. Search for anything like animal videos and
you see these get millions of views and the channels have millions of subscribers. So while the rest of us yahoos are busting
our butts, spending hours creating videos and editing, these channels are proving the
rule of working smarter not harder. And just so you can see how much you can make
with this. I average about a penny per view from YouTube
ads plus I sign sponsorship deals for the videos. Personal finance is a money-making niche so
these compilation video channels might only be getting around a third of a penny per view
but they’re hitting millions of views on each video. You look at this Tiger Productions which looks
like just a bunch of kid and pet videos, they’ve got over 2.8 MILLION subscribers and over
a billion views so even at the low end, we’re probably talking around three million dollars
in ads on the channel. And you can see some of these videos are just
insane, 22 million, 52 million, 134 MILLION VIEWS! I actually thought these compilation videos
were against YouTube rules at first because all they’re doing is copying other videos. Turns out this is a legit strategy called
creative commons. When you upload a video to YouTube it can
either be restricted usage or creative commons which means other people can use it. So these compilation channels are just repackaging
other videos for their own, getting millions of views and making boatloads of money in
the process. So let’s run through an example to show
just how easy it can be to do one of these videos and make money this way. Say you want to do a funny cat video, because
if there’s one thing that always goes viral…it’s funny cat videos. So you type in your search, you see some videos
pop up and then you go to filter and click on that creative commons under features. Now you can click through to any of these
videos and if you look in the description, you’ll see creative commons reuse allowed. The process for grabbing some of these videos
for your channel is super easy. One thing though is that you want to create
compilations, so clips from different videos. You don’t want to just grab videos and upload
them as your own. You’re going to be putting several clips
together all in the same topic to make your own super-video that will get those millions
of views. After you do a search for the videos you want,
and you want to copy down the URL address for each. Then you can do a Google search for YouTube
to MP4 converter which is going to snatch the video file and download it to your computer. With these full videos, you can use any editing
software to cut the clips and put them together. I use Camtasia but there are a lot of free
video editing programs you can use as well. You want to cut the clips out, maybe add some
graphics like a countdown. You also want to edit out any music if it’s
in the original video and this part’s important. The video might be creative commons but that
doesn’t mean the music is so strip that out. You can add in your own music from the free
files available on YouTube which is an excellent resource for any type of channel. When you publish your video, it’s good practice
to add a link in the video description to the original videos where you got the clips. I couldn’t find anything on YouTube that
said this was required but it’s just accepted practice. It’s also something that will help your
video get views though because if YouTube sees people watching these other videos and
yours together, it will start suggesting them together so you’ll start getting views when
the other videos do. That’s the basic process but I’ve got
a few more tips here to boost your views and help you make even more money. First is don’t forget basic SEO for the
videos. If you look on most of these videos, they
have next to nothing in the description. This area is gold for telling YouTube what
the video is about so write out a couple of paragraphs here using keywords to help YouTube
understand your video and serve it up to people that will watch. You also want to include some affiliate links
or some Amazon affiliate links. Maybe you affiliate with a couple cat food
or pet toy companies and put the links in the video description. Anything with a million views is going to
have a few tens of thousands of people looking in the description and could be a few grand
just in affiliate commissions. You can get it to where it might only take
you an hour or two to put together each of these compilation videos. Even on those lower Youtube ad rates, you’ll
make $300 a day on less than 100,000 views and that’s not including affiliate sales
you make or those videos that go viral. Now before we get to that second side hustle
idea, I want to throw out a question for the community. So if you’ve seen the first video in the
series, that video on how to make $200 a day with those two strategies. Of these first three side hustles, which is
your favorite and why? Which do you think will make the most money,
so scroll down and tell us in the comments below the video. I want to get your input on which of these
first three is the best side hustle. Our next side hustle idea, something so simple
but few people are doing, is hacking Amazon’s daily deals page. You can go to Amazon any day and click on
this Today’s Deals to find some heavily discounted stuff. This is usually products where the seller
is trying to build up sales and reviews so they’re offering huge discounts for one
or two days. Prices are usually cut by from 15% to 60%
or more and there are thousands of products available. So you can scroll through here and look at
some of these. Here you see there’s 26 pages of deals today
so definitely no loss for opportunities. If we click on one of these that looks like
a big discount, so this selfie ring light. Then we’ll open a new window and do a Google
search for that exact item on eBay and there it is, the first listing. So here we see it’s selling on eBay for
$17 versus that daily deal on Amazon for $7.50. Now that doesn’t necessarily make it a great
deal but what you can do actually is list it on eBay, so just copy and paste the description
and photos over into your eBay account. You set it to sell just for the day and if
anyone buys then you can go over to Amazon and get it at the discount. All of these Amazon deals will show you how
long until the deals expire so you don’t have to be worried about not being able to
get it at that discount price. The one thing you can’t do is use Prime
to ship it because you can’t ship reseller to a different address. So if you have prime, you’ll need to open
a new account and then you can ship directly from the seller on Amazon to your buyer on
eBay. So you never even have to see the product. You save on shipping, moving it directly from
seller to buyer. You’re just taking the profit as the middleman. With just this one item, even if we mark down
our price from the $17 listed on the product we found on eBay, you could still double your
money on this ring light. You can see how it wouldn’t take more than
a couple of hours to turn this into a few hundred a day. There are two other ways you can manage this
strategy to make it less time-intensive. One is you can hire someone out to watch your
listings or take some of the work. You can get freelancers to do this or have
someone go in as a business partner. The other strategy is just to make a practice
of buying some of these daily deals and then just keeping the ad on eBay until it sells. With this strategy, it helps to focus on one
or two product types so you get a feel for what will sell quickly and for how much. Our last video in the side hustle series is
going to be for the big money! I’m revealing one income idea that just
builds and builds to go beyond that $300 a day. It’s coming at you in the next video, make
sure you join the community by clicking that subscribe button so you don’t miss it! We’re here Mondays and Wednesdays with the
best videos on beating debt, making more money and making your money work for you. If you’ve got a question about money, just
scroll down and ask it in the comments and we’ll answer it in a video.


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