So in this episode I want to offer you 10 ways that you can make money from scratch, starting with absolutely nothing.
You heard me starting with no money. How can we start from scratch? Some of these I actually do to make quite a lot of money in my own business. Some of them make me a tiny bit on the side. Number one is an idea that I got from Gary V, which is to go on the Gumtree free section. Now, in order to do this, just get a gum tree type in search terms, putting your location and hit search. You can go to the price and you can select free and as people giving away free stuff.
When I did this activity for Granola in Sydney, I found a bunch of free furniture. So if you could pick that up, you could then resell it on Gumtree or you could resell it on Ebay or you could sell it to someone that you know or sell it on facebook marketplace and you can go ahead and do that.
Now obviously you need to have a car in order to pick some of this stuff up. Friends are generally open to helping you pick out furniture if they can. You can make this happen and it takes very little if not no investment. I will be your consultant. For me, that consulting would easily be marketing, would easily be content creation, could be around or things like that could be around public speaking as well.
The third one is youtube and creating youtube videos. Almost all of you have a video camera in your pocket.
Some of the first videos I ever made were on my phone with no other camera. What I would recommend with youtube, you really going to make much money from youtube advertising.
Youtube had these new rules at the moment where you need to have a certain amount of watch time and you need to have a thousand subscribers in order to start making money from youtube. What I would do if I was going to start from scratch in youtube is I would do product reviews and I would be an affiliate for someone like Amazon.
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In the US or some other type of service like that, even for on property, for example, I do book reviews. I have reviewed the thousand dollar project book as well as the barefoot investor and I recommend that people purchase those books through, which is an Australian bookstore. If ever I will do product reviews and I would do good quality solid reviews on products that people are searching for. Or you can often add links to the end cards as well. And so find some products that you can review.
You might have products a lying around your house that you can just go ahead and start reviewing.
And then leave the links to that in the description down below so people can buy it. And then as you start to make money and the checks start coming, then you can use that money to reinvest into transcriptions, reinvest into a website, reinvest into buying more products and reviewing more products.
So you click on the capture, you might have to select where the cars in this picture, things like that, and then they give you a small amount of money. The payouts are extremely small. Each time you do one of these websites, you might make a point to have a scent or something like that. And these websites also have referral programs as well. So if you refer friends to get free cryptocurrency, if they do it, then you get some for free as well.
Again, the payouts are ridiculously small, probably not worth your time, but hey, you can get started in it and if crypto continues to grow over time, then you might only make a small amount ideas on how to make money from scratch. But if you hold it ideas on how to make money from scratch the future, it could be worth a lot more.
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And so yeah, those links are the crypto for sets their referrals for me as well. So do that if you want. The fifth one would be instagram marketing, so you can create an instagram account if you put good photos on there, use hashtags correctly. If you start following people in your market, you comment on their photos and engage with them.
You can build up a sizeable instagram audience. I started a public instagram called Ryan Mcclain, so you can go and follow me over there if you want. Once you start getting up there in terms of official website option account and engagement, then you can start working with brands to make money to promote on your instagram story or to promote through your instagram posts.
Step number six is one that my eight year old daughter has done that is creating and selling kindle books. So my daughter wrote her first book called Wolf Tooth and the secret cave. We went through and edited that. We took photos of the pictures that she drew, and so we added them in.
Basically created a word document with her book that she had written manually and we then listed that on kindle first sale for ninety nine cents or whatever it was. Do they still exist? People come to your website, you put advertising on there.
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When they click on the ads, you make some money or the same with a youtube strategy. You put affiliate links on there, so if they click through to Amazon and buy something, then you make a commission for it. You can get started doing this for free. If you go to wordpress. You can then run wordpress. My strategy has always been whatever content is out there, make something better than that content, and so I advise that same strategy. Can you afford it? This was always going to be my backup plan.
If they sign up for hosting through my affiliate link. They would have to sign up themselves for their own ip address, etc. You could help them put the content on there, you could help them get a different theme that they like, etc. You could also obviously charge the client different packages as well. Number nine is freelancing, so rather than working in a job, you can freelance and get paid by the hour or you can get paid for the job that you do. Some of these jobs are online, some.
These are writing articles. Some of these. You can go ahead signals for a binary option their, check it out and you could freelance for people in order to make extra money. Again, links to those will be in the description down below and the last one on my list now, 10 is what I call value arbitrage and this is buying things and then selling them for more than you purchased them for.
They also did great model shots in order to sell that clothing on facebook marketplace and make extra money. You can also do this by going to guard sales, purchasing things really cheap and then selling them.
Often stores have big sales as well where they sell things for less than what they would sell for on somewhere like bay or somewhere like gum tree. Things like lego.
If you can get them on like a super special, then you can go ahead and resell that stuff on ebay and resell it on gumtree. We sold it. We made a little bit of extra money. I could then take that extra money and invest into buying more things and then scaling up the ideas on how to make money from scratch arbitrage there.
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Guard showers are probably going to be your best bet where you can buy stuff extremely cheap and then sell it online. Otherwise, often stores have sales and you just got to keep your eyes out for those different value arbitrage opportunity. So you can start with your own staff and then you can scale up from there as you find different opportunities. So this is definitely a possible strategy to make money from almost scratch or scratch if you start with items that you already have.
So they had 10 different ideas on how to make money from scratch. Some of those, I use myself, youtube, for example, niche websites or some of the biggest ways that I make money.
The crypto faucets as well. I make some money doing that. I just have people who do it and because I referred them to it, I make a little bit from them. So you can take these steps. So the first one was using the gumtree or craigslist free section to go and get free stuff to bitcoin machine resell it. The second one was consulting work, so if you have a skill that a business or a person would find valuable, they can pay you to consult for them.
The third one was used youtube and I recommended doing product reviews and then linking through with an affiliate link for people to purchase those products. If they wanted to and pump these out and do as many as you can. The fourth one was crypto faucets where you can make a small, tiny amount of money in cryptocurrency and you can build that up over time links or those faucets in the description down below. The fifth one was building up an instagram following, doing instagram marketing, and then getting paid to do promotions or getting free stuff, which you could then sell.
I actually want to do some of those myself. The eighth one was to go ahead and set up websites for other people and do client work. The ninth one was to do freelancing through upwork or freelancer. I hope you can take one of these strategies and start applying it in your life and then take that money that you make to then go ahead and pay off your debt, so go ahead and invest it or go ahead and build up your business using that money.
Use it to build wealth and to build long lasting financial freedom in your life. I hope that this has been helpful for more informatIon on how I make money online. Then go ahead and check out this video on how I became financially free. I 28 through my online income. Check that out. Watch The Video:.