How to Make 10000 Dollars Fast [Business Ideas 2019]

How to Make 10000 Dollars Fast [Business Ideas 2019]


What happens when you need to make a lot of
money really fast? In this video, I’m revealing seven legit
strategies to make $10,000 fast. Some are pretty extreme but all of them will
make you money. We’re talking how to make money fast 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. So we talk a lot about passive income and
creating income sources here on the channel but what happens when you just need a lot
of money really fast? What are some strategies you can use to add
ten grand to your bank account as quickly as possible? That’s exactly what we’re going to talk
about today, seven ways to make $10,000 in as little time as possible. Some of these strategies are a little weird,
some work within months while others take a little longer, but all are 100% legit. None involve gambling or taking risk and every
single one will make you $10,000 fast. Our first strategy is starting your own meal
service business and this one is trending huge right now. I love this idea for a small business or just
to make some quick cash. Face it, most of us hate spending time in
the kitchen. The average family spends over three thousand
a year eating out and some groups like my own Gen X spend over four grand a year. That’s over $350 a month eating out and
doesn’t include the thousand or so a month on groceries. I actually think people would spend more eating
out if it wasn’t so damn expensive…and that’s where you come in, offering home
cooking at half the cost of a restaurant. Think about it, the average dinner out for
a family of three is over $50 and most families are out just because they don’t want to
cook. This doesn’t have to be a big business. If you cook just three meals a week and have
on average five customer families each meal, you’re making $300 to $500 profit each week
and the best part is, if you’re cooking for your family, it’s something you have
to do anyway. It costs less than $5 a plate to cook at home
and meal delivery businesses typically charge at least $10 to $15 per serving with delivery. That’s a 200% profit on your costs and there
are a few things you can do to make this an even bigger money-maker. First, you want to plan a menu for each week. This means you’re not making dinners to
order, people aren’t calling up like it’s a restaurant. You plan on making a specific mean each night. You take pre-orders from a website or social
media a night or two in advance so you have an idea of how much to make. This really cuts down on costs because you’re
making one meal in bulk to feed your own family and all your customers. Also, while you’re preparing your meal plan,
look for the meals you can make with the biggest profit. A study by Wellio found the difference between
restaurant prices and home cooking as high as $32 per serving for some dinners. Some dinners like Teriyaki Chicken and Broccoli
Alfredo Pasta even cost less than two dollars a serving to make. You can offer delivery for an extra fee or
include it in the cost. Any way you do it, this one can grow into
a full-time money maker. Our next way to make $10,000 fast is creating
and flipping website domains. There are actually two strategies you can
use here and you don’t need to have any technical skills. The first strategy is less profitable but
also takes less time. You buy a website through a site like Flippa
or through a network of bloggers, so we’re talking a legit website already with content
and some age. Then you boost traffic, increase sales and
flip it inside of three months. I did this with a dating website I bought
in 2015 from another blogger. The site was making less than $100 a month
but had legitimate content and I knew the blogger had genuinely tried to make it work. That’s the key with buying a website, it
has to be a legit site and not some spammy site set up just to sell. I bought the site for $500 and started boosting
traffic with regular posts and some search engine optimization. I was able to increase income to $350 a month
within three months and ended up selling it for $5,000 nine months later. That’s $4,500 on one site alone and I know
people that do this full-time, working on five or six sites at a time. Flippa.com makes it easy to buy and sell websites
though you’ll also want to get involved in an online community of bloggers to pick
up sites. I’ll share some ideas on boosting traffic
and income next but that second strategy would be to just create new websites for sale. This takes a little longer because you’re
probably looking at six months working on a site to sell it but it’s also a little
easier because you don’t need any money to buy the site and you don’t spend time
searching for legit sites for sale. It costs less than $50 to set up a blog including
a year’s hosting and some paid plugins. In fact, you can get started on less than
$4 a month with Blue Host for webhosting and get up to $200 in advertising credits. I was making over $200 a month within six
months of starting my blogs which would sell for more than $3,000 if you were going to
flip it. Whether you’re planning on creating sites
to sell or flipping, there are a few things you can do to boost traffic and income that
will get you a better price. First is to get involved in a community of
bloggers, either one in a specific niche or just general blogging. Look for groups on Facebook that are active
in posting but not just spamming their recent article. You’ll learn a lot from these groups and
they’ll be an instant source for sharing your articles. Don’t try to be on every social media platform
for your blog. You don’t need to jump on the newest platform,
just focus on building a community on Facebook, Instagram and Pinterest at first by sharing
your posts and engaging with others. For new blogs with little Google traffic,
this is going to be your biggest traffic source at first. Finally, make sure you diversify your income
on the site. This is the biggest mistake I see with bloggers
where maybe they rely exclusively on ads or affiliate income. By doing some sponsored posts, printables
and even self-publishing, you can grow a blog to making a couple hundred a month very quickly
and it’s going to be more consistent. I’ve got an entire playlist of videos here
on the channel about starting and building a blog so I’ll leave a link in the video
description below. Third on our list to make ten grand is selling
shit…literally. No lie, a company in Medford, Massachusetts
called OpenBiome actually buys fecal samples for $40 a pop. They use the samples to help doctors treat
infections of a bacterial infection called Clostridium Difficile and you can earn a $50
bonus if you come in five days a week. Now this one isn’t really an option for
most people since you have to be local to Medford but I couldn’t resist. What it does is show that you have to keep
an open mind and look at every possibility. Your $10,000 payday is out there if you’re
open to these weird ideas. Next on are list is a little more traditional
and that’s to get started freelancing. This one is a little harder to talk about
because there is so much you can do freelancing. Basically, it’s just working independently
so anything you do as a traditional 9-to-5 can be freelanced at home and on your schedule. The trick to freelancing is understand there
are two types of jobs you can do. One is the skilled work that you get after
years of experience and then there’s the stuff that people just don’t want to do. You’ll make more money for these skilled
jobs but there’s a time for the other type too because they’re super easy to get and
start making money. I’ve got an entire video on part-time work
from home jobs that highlights ten of these easy to get jobs that pay from $10 to $30
an hour. These are jobs like transcription, lead generation,
travel planning. All kinds of jobs you can do in 15 or 20 hours
a week from home to make a couple grand a month so I’ll leave a link to that in the
video description below. Going after those skilled types of jobs though
like consulting, social media management and marketing, you can start charging from $50
an hour and up. The chart here is from a Payoneer survey of
23,000 freelancers in 180 countries so the wages are actually a little lower than what
you can expect. Almost all the freelancers I know average
at least $20 an hour and most charge between $30 to $100 an hour. Even working part-time freelancing, that means
less than three months to reach that $10,000 level and I know freelancers that do it every
single month. The key to freelancing is having more than
one income stream. In the Payoneer survey, 80% of freelancers
were working on three projects at a time and 12% worked on between four and six projects
at once. That means even as some projects are ending,
some are starting and you’ve always got that steady stream of income. Visit a few freelancing sites to get a feel
for how to get started. These include sites like Upwork and freelancer.com. The pay isn’t always great for projects
on these because you’re competing with freelancers from all over the world. Do a few projects though and you can start
charging higher rates on the quality of work and you’ll start getting referrals. Our fifth way to make $10,000 fast is starting
a channel here on YouTube and this one will surprise you. I started devoting ten hours a week to my
YouTube channel in January of 2018 with just 20 subscribers. By the end of 2018, I was over 37,000 subscribers
and had made over $10,500 from ads. That’s not including nearly $8,500 in sponsorships
and affiliate commissions. I now average $2,500 a month in YouTube ads
and another thousand or two in sponsorships and that number is growing every month. There are a lot of great channels here on
YouTube about growing your own channel and I’m sharing my experience on my blog. The most important point I’ve found, and
I know this doesn’t seem like much of a secret, but to just be consistent. Commit to producing at least one video a week,
publishing on the same day and time every week. Put in the time to really engage with your
community and put out some solid content. This isn’t something that’s going to be
quick and easy. In fact, it will probably take more work than
some of the other ideas but this is one that can quickly grow way beyond that $10,000 payday. Your biggest hurdle to making money on YouTube
is just getting started. I know for a lot of people it can be intimidating
to put yourself out there, create a video and post it online. You need to get over that and just get started. Spend a week learning how to create and grow
a YouTube channel but set a firm deadline for uploading your first video. Sixth on our list is another fun one, growing
crickets, mice and other live pet foods. This one surprised me the most researching
for the video because it’s so odd but makes more money than you think. Live crickets are bought for fishing, as pet
food and some people even eat them as a source of protein. The beauty of farming these is that it can
be done in very little space, with very little work and the market is booming. I talked to one guy that raises crickets and
mealworms making $4,000 a month on part-time work. With crickets, you need one container for
the adults, one to incubate the eggs and one for the baby crickets. You put a small tray of topsoil in the adult
container and wait for the crickets to lay eggs in it. A single female cricket can lay 10 eggs a
day for life so it’s not going to take long to grow your farm. Every day, you mist the topsoil to keep it
moist. Take out the trays with eggs to put them in
the incubator. When the crickets start hatching, you move
them to the kindergarten container until they’re ready to join the adults. That’s it, less than an hour a day for a
small operation that can easily make a few hundred a week. You can sell your crickets, mice, or mealworms
to pet stores, zoos or through your own online site. Our seventh way to make $10,000 fast is to
sell everything you own. This one sounds extreme but sometimes that’s
what you need to get out from a bind. Research out of the insurance industry estimates
that the average American has $20,000 worth of personal belongings. Now I’m not talking about just selling that
treadmill that’s become a coat rack or the ab roller you’re clearly not using. If you need to make ten grand, you’re going
to need to sell everything. Where you sell your stuff is going to be the
important part here because you’ll get far more for it online than you will with a garage
sale or consignment shops. Start by selling anything you can on eBay. Do a search for each item to see how much
you can get and estimate your shipping costs. Odds are that this is the best you’re going
to do so give it a couple weeks before you try another strategy. You can use Amazon if you have anything in
the original packaging or with the UPC barcode. One trick is if you have the original box,
you can always get it plastic-wrapped to make it look new. Look I know you think you need a microwave,
the blender, and all the little gadgets and electronics around the house but if you need
a lot of money fast, this is going to be one of the easiest sources. We’re here Mondays, Wednesdays and Fridays
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
subscribe to the channel and ask it in the comments and we’ll answer it in a video.

26 Comments

  1. Let's Talk Money! with Joseph Hogue, CFA says:

    Don't Miss! Check out our playlist of 20 side hustle strategies 😲 I guarantee there will be a side hustle in here that will MAKE YOU MONEY! –> https://www.youtube.com/watch?v=dJl_yuRmM0s&list=PLjsZ3KrTlZowV2MGDvXlXOsI8aXQxR8Rl&index=1

  2. No Tarango says:

    Like my comment if you at work and your trying our hardest everyday to get out like a prison escape

  3. chuck jordan says:

    Good stuff bud

  4. No Tarango says:

    If it wasn't for YouTubers like this with ways out of basic life I'd be fucked thanks bronfor another motivation video

  5. Passive Income Tom says:

    Great update today Joseph! 💯💯💯

  6. Polar Finance says:

    I love the cooking meals idea, but I don't think people would appreciate cereal and burnt toast! 🙂

  7. Ericka Mitchell-Okatah says:

    I LOVE THIS GUY!!! THANK YOU! THANK YOU! THANK YOU SO MUCH FOR SHARING YOUR TANGIABLE WISDOM & KNOWLEDGE.

  8. Nathan says:

    Diggn the bowtie man

  9. Dave Nevarez says:

    Awesome.

  10. Justin Dominy says:

    I love your content dude. You really do your research and keep it real for us. Please never change lol. I've been thinking about doing youtube as well and I've been communicating with my favorite youtubers like yourself, and there are tons of things I'm interested in doing but I'm having trouble just starting.. It will happen eventually. My interests are finances, passions, and happiness, also just life in general. My problem is I want to do too much and I can't seem to stay in one lane…

  11. DjArmedWolf says:

    you did an AMAZING job with these videos. you gave me so many ideas idk where to start lol. I see blogging is the way to go

  12. Life without Boundaries - Achieve Financial Freedom says:

    Flipping sites is risky without the proper knowledge, but once you learn what’s profitable and which sites to invest in, then it can be very profitable. Great video!

  13. BlueDollarBull says:

    Good list. 👍 I've done #2 before but it took me over a year to improve and resell the sites. You can lose money pretty quickly if you don't know what you're doing too. Flippa is mostly crap and it certainly isn't like the old days.😆

  14. Journal Bee says:

    Unless the laws have changed, your kitchen would need to be up to specific standards in order to cook and deliver food. Unless it's already built in, it'll cost $!0K to start up. I know. However, this does give me something of an idea regarding the wellness blog that I plan to curate.

  15. The Golden Boy says:

    Mr Joseph I have $800 dollars to spend I would like to invested by opening a robot advisor account such as M1 finance or robbinhood or stash account or Acorns. But I would like to pick some stocks and some ETF fund . What you did you recommend for me Mr Joseph, Please . give me an advice or a list of stocks or ETF to put it into . I can try to get an extra 200 dollars more so I can make it into a $1000 dollars investment. Please help me on this Mr Joseph. Thank you Carlos I want to get like 10 to 12 stocks/ETF a mix of both .

  16. Mason Fern says:

    I think Ima get back into social media, start YouTube, and do some farming

  17. The Ultimate Rhinoceros says:

    Can you show us how to build a blog?

  18. Calvin Raab Personal Finance Videos says:

    Creating a blog is one of the greatest businesses to start. Very scalable, easy to monetize, and very enjoyable if you are blogging on a particular passion of yours!

  19. Milkmaned says:

    This is sooo far fetched,,what’s a blog???
    Dude come back to earth? I drive trucks for a living,,,
    NOT EVERYONE is computer suave,
    Soooo frustrating

  20. Freedom In A Budget says:

    I started meal prepping for my coworkers and it covers about half my grocery bill.

  21. AussieMoneyMan says:

    You grew at an incredibly large rate. Good on you man. Great video as always. I'm at 1k after a few months.

  22. A Merry Life, On A Budget says:

    You really have the most interesting ideas for side hustles! Your channel definitely deserves all the growth you've seen with videos like this and all the ones with different per day amount side hustles. I actually didn't know about one of them you talked about with the creative commons videos so I'm giving that a try with my other channel!

  23. Kate Horrell says:

    I'm thinking my kids could grow mealworms and crickets. I love that idea!

  24. Nathan Glessing says:

    Do you even know what money is ?

  25. scancloud31 says:

    How can a person set up a consultation with you? Do you have an email?

  26. Your Average Guy says:

    I personally don't like the home cooking idea. Because if one or even more of your customers get sick for some weird reason even if it isn't your fault, they can blame your service.

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