How To Go From 0 - $100,000 In 2024 (Step By Step) | Jaspreet Singh
Published: 2023-12-27
Status:
Available
|
Analyzed
Published: 2023-12-27
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
It is possible to make $100,000 within the next 12 months, even starting from zero.
"over the next 12 months"
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To earn $100,000 in 12 months (or 365/366 days), one needs to generate approximately $274 per day.
"you're going to have to make $274 a day"
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Creating and selling 3D virtual tours of homes, particularly those over $500,000, to realtors is predicted to be a growing service in the coming years.
"learn how to create 3D virtual tours of homes and then sell this as a service to Realtors especially realtors that are selling homes that cost over half a million dollars a year"
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Managing and creating social media content for businesses like chiropractic offices, physical therapy offices, massage parlors, and beauty salons for a monthly fee is a viable income stream.
"offer to manage and create the social media accounts for a monthly fee"
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Offering painting and cleaning services for rental properties after a tenant vacates is a needed service as landlords struggle to find affordable labor for turnovers.
"create a business where you paint and clean rental properties after a tenant moves out for a landlord"
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There will be continued growth in digital advertising over the next decade, creating opportunities for individuals to manage Facebook and YouTube ads for medium-sized businesses.
"become an expert Facebook and a YouTube advertising manager"
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A mobile detailing agency targeting high-income professionals who lack time for car washes is a viable business model, potentially offering monthly plans.
"start a mobile detailing Agency for doctors lawyers and other highend professionals who do not have time to go and take the car for a car wash"
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Search engine optimization is a skill that will continue to be in demand, helping e-commerce brands rank their products on the first page of Google.
"learn SEO search engine optimization to help e-commerce Brands get their products onto the first page of Google"
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Specializing in building and customizing work-from-home offices is a growing niche for handyman services due to the prevalence of remote and hybrid work.
"start a handyman business or agency that specializes and people who work from home and building out home offices"
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A virtual assistant agency can cater to busy professionals by managing emails, calls, and organizing their lives, as time is a valuable asset they are willing to pay to save.
"start a virtual assistant Agency for businesses or Executives or professionals who don't have a lot of time"
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With offices frequently changing or downsizing, there is a need for office relocation services that handle the logistics of moving desks and equipment.
"create an office relocation business"
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Starting a YouTube channel, podcast, or other social brand is a viable way to generate income if you are passionate about a topic and others are interested in listening.
"start a YouTube channel or a podcast or some other sort of social brand"
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It can take approximately 18 months to receive the first payment from a YouTube channel, even if consistent content is being produced.
"I didn't get my first YouTube check for about 18 months"
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A recommended financial strategy is the 75/15/10 plan, where 75% of earnings are spent, a minimum of 15% is invested, and a minimum of 10% is saved.
"follow something like a 75 1510 plan at least which says that from now on for every dollar that you earn 75 cents is the maximum that you can spend 15 cents is the minimum that you invest and 10 cents is the minimum that you save"
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The cost of education and skill development can range from $100-$2500 for classes to $5,000-$500,000 for coaching, reflecting different levels of investment and value.
"when you're going out getting classes that might cost you $100 to $2500 $333,000 when you go out and start investing in coaching now this is going to cost you $5,000 to $500,000"
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When starting with no money, invest time in free education. As income grows, invest money in books and classes to accelerate learning and reach goals sooner.
"you want to be investing and learning if you don't have any money to invest that's okay invest your time through free education and then as you start to make a little bit more that's when you can invest some money to get some more education through things like books and classes"
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A primary reason for business failure is the inability to remain disciplined and consistent, with most people giving up too soon.
"The number one reason why most businesses fail Beyond just managing cash flow wrong and not having a good product is most people just can't stay disciplined to stick it out"
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Acquiring the first few clients is the most challenging part of starting a business, with the difficulty gradually decreasing as more clients are secured.
"getting that first client is so hard the second hardest is the second client the third hardest is the third client and then it gets a little bit easier after that"
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It is possible to work for six months without making a single sale, and true business success is found in persisting through such periods.
"to think that you might have to work for 6 months without getting a single sale"
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