How to make good money without college (A $10k/month guide)

Ever wondered about how to make good money without college? Well, in this article, I, Daniel Umeh will be giving a $10,000/month guide on how to go about it.

Making money is not dependent on being a graduate or not. A college degree does not guarantee financial stability no, not in this era!

Just Imagine you making extra cash of $10,000 every month with teaching people what you’re good at doing. It will surely sound impossible to you but it’s very possible.

There are lots of people out there who are already doing this. And most of them are not achieving this with the normal 9-5 job, but through websites, blogs, and e-commerce also.

I know you’ll be wondering how doing this stuff can bring such an amount of money every month.

If by doing this online stuff you can earn $500 – $1000 weekly, then achieving the $10,000 mark is possible with dedication, and being under the right guidance with more effort.

It may not take years to achieve this with hard work. With growth comes about improvement, and you’ll see yourself hit the landmark.

Asides from blogging and website there are different skills or online skills that one can learn and can earn hundreds to thousands of dollars with.

One might even have an idea, I mean a business idea that can generate more than $10,000 monthly, even when it seems impossible, it’s very possible.

Elaine pofeldt, an author, conducted research on enterprisers in the US, runs businesses that have generated revenue of more than $1million and with just one employee.

There are different ways or different skills that one can learn and earn money with, and the most interesting part of this is that you will do all of these things just from the comfort of your home.

So, in this article, we’ll focus on how to make good money without college.

How to make good money without college

We’ll be discussing these categories of business you could go into from these different industries.

And if you’ll agree with me, you’ll realize that these categories listed above are really major skills from which one can earn so much.

Taking that path of making without, a college degree is actually not easy, it takes having the right mindset to press on when you feel like giving up.

It also requires being able to remain consistent and dedicated even when it’s not looking like it.

You must understand that this is not a get-rich-quick scheme, NO. You’re working hard in a very smart way, so you should expect that it’ll take time

Without further ado, let’s get started

START A FREELANCE AGENCY

Before you can set up a freelance agency, you must have been able to successfully sell your skills as a freelancer.

What this would do for you is that it will help you create an online presence – giving you a name to reckon with.

You’ve been able to get different clients who trust your ability to provide them with different services that they need, in so doing they trust you, even refer you to people and through this, you would be able to build a long chain of clients who patronize you for your services.

Now that you have sure clients, build a system/agency that allows others to work for you.

You would be the one getting the work from the clients (depending on the service they want you to render) and your employees are the ones doing the work.

You can also start with basic services like virtual assistance, proofreading, social media manager.

START A BLOG

Being a blogger is really a big deal and it can become a major source of income for you in a short period of time. Flexible hours with a low start-up cost.

As a blogger, there are certain skills you must learn, and these skills are high in demand.

Now, as a blogger, if you can’t meet up with the $10,000 monthly income, with these skills you are still building a high-end career for yourself.

And you can also freelance with these skills and also get a high-paying job.

And with blogging there different ways through which you can earn money. Although, the first money you will earn through your blog might take some months.

Some random advertisers will find your website and contact you through mail asking if they will be permitted to advertise on your site.

Normally, it will be sent like a review or an article on one of their products. And with these posts, new bloggers can earn between $20-$50 while for established blogs, from $850 upward.

Another way of making money blogging is through content ads.

CREATE AN ONLINE COURSE

There’s something you know or you’re good at that people will benefit from and with that knowledge you can earn more money online. There are different online platforms that make that easy.

For example, Udemy is one of those platforms where you can upload your video course, and also get paid. Another platform like that is teachable, in 2020 they exceeded $1 billion dollars in sales.

If what you know is what can help people level up their expertise when they watch your video course or it’s something that will help them earn more money monthly then be sure it will really help in people patronizing you.
This is really a massive opportunity.

BECOME A WELL-PAID EXPERT/CONSULTANT

Hitting the $10,000 monthly mark is not an easy thing but a very possible task. With all the charge per hour, it’s quite hard to reach the $10k monthly.
If you charge $100/hour you’d have to bill 100hours (like 25weeks) to get hit the target.

It won’t really be easy especially if you have a primary job and this is like a side hustle for you.
But chill here’s what the highest-paid freelancers do: They don’t give a price based on hours, the result is what determines their price

You have limited hours, most importantly if this is a side hustle for you. But as result, the chances are high to get paid well. There have been cases where the clients are just concerned a little about how much time invested.

This strategy is known as value-based pricing, which also means that to start your freelance it must be about the value you can offer a client. Then from there, you’ll know how to go about the pricing. And with this strategy, you don’t have to work 100 hours a week before you can hit the $10k monthly.

CREATE AN ONLINE STORE (E-COMMERCE)

This is one of the hottest paying online jobs, you know why? Because people shop online every minute, every hour, every day. In fact last year(2020) e-commerce sales grew by 44%. With this, a massive opportunity has been created for all sorts of online sellers.

To build an online store, these are some common options to go by:

SELLING DIGITAL PRODUCTS

Selling of digital download, pdfs, or graphics. For example, a gym instructor selling books on customizing workout plans or a music instructor who sells books on how to improvise to jazz chords, or a chef selling templates of meal planning.

SELLING YOUR OWN GOODS

Selling of physical products on online marketplaces like Jumia, Jiji, Etsy, or Amazon.
On Etsy, you can sell stuff like jewelry, crafts, and art.

DROPSHIPPING PEOPLE’S PRODUCTS

With dropshipping you don’t keep products in stock, all you have to do is sell a product after making a purchase from a third party that directly ships the product to the customer.

AMAZON FBA

First of all, just source for products then send them to Amazon, they (Amazon) will take care of everything needed to get the product down to your customers and even receive payment on your behalf. All you have to do is just concentrate on building your brand.

REAL ESTATE INVESTING

Investing in real estate requires some huge capital to start, it also involves some risk because it is most times run with borrowed money.
Although there are lots of rich who don’t depend on the income generated from investing in real estate.

And for those who didn’t have the capital to invest in real estate, there are other ways to make money through real estate. First, you can become a part-time real estate agent or being an assistant to a successful investor.

This will actually help you build your knowledge in real estate and help you know a good deal when you see one and you’ll also know how to handle a deal well that will also benefit you financially.

BUILD A YOUTUBE CHANNEL

This is also one of the great ideas on making money, youtube has explosive growth potential. Youtube as a platform paid its content creators close to $8.5billion in 2020.

Just like blogging, it will actually take a while to build an audience large enough to earn $10k monthly on youtube. In other words, newer YouTubers get additional monetizing platforms like sponsorships and affiliate deals for increment in the money they make from ads.

START A PODCAST

Podcasting is one exceptional way of growing a business, you wonder why everybody is going into podcasting these days? Is because if the result it yields.

Podcasters make really good money from their sponsorships, and very much like blogging, it also has some other mediums through which one can even earn more, such as subscription, affiliate deals, and coaching.

With a very good smartphone you’re good to go, that’s just what you need to launch your podcasting career. Even though there will be a need for you to get some high-quality equipment later on, you can still get that later as you grow.

Don’t be too obsessed with getting good equipment instead of you launching into the deep i.e put something out there.

SOCIAL MEDIA INFLUENCER

This has to do with getting for posts on social media. There are a lot of big names (celebrities) who are into this, the likes of Dwayne Johnson, Kim Kardashian, Davido, etc.

These people get hundreds of thousands of dollars just for a post on social media. And because of the names and the way they’ve been able to build their brands, the only businesses that patronize them are the ones with big, deep pockets.

Smaller businesses only patronize micro-influencers, who have a very loyal audience following, though it’s a small fraction they are able to brands a valuable niche audience. They get good pay for doing that.

The skills you learn while building your online/social media presence can also earn you some money if you freelance with it. This skill is in high demand.

LUXURY SERVICE-BASED BUSINESS

This is all about providing some services for the affluents, such as event planners, red carpet services, stage lighting. They are ready to pay for your services as long as you’re efficient, competent, and being able to provide convenience for them.

Creating for the services that make them feel unique, a red carpet service is an example here, a great business idea that offers the service if setting up red carpet services at their private parties.

MANAGE ADS

For website owners and bloggers, invest more time in building their brands, SEO, social media. Only a few have the time to what to learn how to create and run ads successfully.

Be it Facebook ads, google ads, or Instagram ads, if you have a profit-positive campaign then you’re on the right track. With Facebook ads, people are trying to map out how to create ads that sell. And after learning this and knowing it well they, then present their service to big brands making them understand they can actually run an ad that will greatly increase the company’s income yearly.

And no good company will see that kind of offer and not quickly budget for it. These online jobs really pay well and can be set up anywhere and one can earn from $500-10,000 as time goes on.

A whole lot of people out there earning good money online just by managing ads for companies, this biz has come to stay and is not going anywhere.

Like I said earlier this is not a get-rich-quick scheme it involves hard work and commitment. Learning Facebook and google ads might take you months before knowing “the how” as touching the two ads platform.

Mastering comes as you work on it daily and improving. There are online videos that will help in mastering this skill and once you’re able to get a client or two then you can be making a lot of money.

CONCLUSION

The jobs listed above are some of the best-paying online jobs. So, if you’re in search of how to earn good money without college, then this article is your go-to guide.

However, it might take a longer time to hit the $10k mark but is not an impossible task.

Follow the process and be consistent in your commitment to improving on a daily basis and you’ll hit it.