The Renegade Billionaire Vlog: My Journey In Marketing, Music, And The Game Of Bidness
5 Surprising Side Hustles That Make 6 Or 7 Figures
People are making 6 and 7 figures with the weirdest side hustles that you ever heard of. Which is why, if you have a talent, you should probably go for it. The thing you ignore today could be the next financial empire and more than just a side hustle... #sidehustles #sidejob #7figures
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- Duration:
- 9m
- Broadcast on:
- 22 Jun 2024
- Audio Format:
- mp3
So I thought I would jump on and share with you guys five surprising side hustles that make six or even seven figures and you know it's unbelievable but people are making more than a full time income they're making literally they're building empires financial empires out of some of these side hustles. These side hustles are a little bit surprising but people around you are literally doing this and they're making money and there's something here for everyone from some of these surprising opportunities. So the very first one is operating a vending machine. Now that's rather unusual because like you know before I really understood that this was a thing you know I'd have had a hard time believing that you can make a lot of money doing this as a side hustle but I've checked it out and people really are making a living with this like people really are making six figures with vending machines you know you might have just some little chips in there drinks different kind of chocolate bars snacks you know all kinds of things that you can have and all you do is you stroke it up and at the end of the day you go collect your cash and you go bank it and you're making bank with your side hustle and the nice thing about this is you don't have to be there like full time to make money you set it up and you go away do your thing maybe you're working a job or you are doing some other gigs to make money and meanwhile your vending machines are making you money the more vending machines you have in different sports different modes or different shopping centers the more cash you're gonna bank so that's side hustle number one side hustle number two is renting out your car on touro. Now touro is a car rental up car rental service they're not available everywhere but if they are available in your area this is one great way to make not just six figures but seven figures now you're not gonna make seven figures with just one car on there unless you're renting out like a presidential limo or some crazy stuff like that but you can't make money you can make six figures and again just like with the vending machines the more cars you get to line up on the platform the more cars you're renting out the more cash you can actually make so what you want to do is you want to reinvest your earnings from all the orders you have going on and be really through go save money reinvest buy more cars and rent them out and that's how you're gonna win and also be smart about depreciation because with cars they're depreciating asset so you don't need to buy brand new cars all the time buy some cars that you know you have gone through this cheap depreciation curve and are not gonna lose too much value so that maybe you rent them out for a couple years and then you sell them off and you recoup some of that cash and reinvest in a car that's you know still in more demand and our third side hustle that makes six figures potentially seven figures is renting out your creep on Airbnb and this is the side hustle that you can literally do depending you know Airbnb is in a lot more places than than tour and so you can actually do this pretty much anywhere you are in your city you likely have a lot of people active on Airbnb all you need is a creep you know if you own your own home this is a great way to make money without doing some extra work or you know struggling, hustling, worrying about logistics if you have a spare bedroom or you have a spare space that you can rent out you can list on Airbnb and you can be making bank the nice thing about this is if you reinvest again like with Touro and you go about expanding your property portfolio you could end up making seven figures or even more now our fourth side hustle that makes six or seven figures and this one was a bit surprising when I first found out about it and it's reselling sneakers apparently that's a thing and it makes it makes sense once you look at the sneaker market so what you do is they are these 90s, there are all these shoes that are in high demand but not always in high supply right like where there might be like a waiting line to get that sneaker when it launches and so what happens is after the sneaker is out in the market and people are rocking it on the street a lot of people that wanted it don't have the sneaker they don't have pretty much anywhere that's easy for them to get the sneaker and buy it but they're seeing it all over social media so there's in built demand and that's what you want to do you want to capitalize on these sneakers that have those kind of limited release or they're somehow there's a lot of hype but not enough supply and what you want to do is you go offline you know you network with your friends you find out who has this stuff and it might be some of your friends and you know you make an offer like okay I could offer this much but you always want to make sure you can make an offer that makes financial sense where you can have an opportunity to recoup that money but also be able to make a profit like don't offer like an outrageous sum that's way beyond what it's gonna sell for in the market when you go out there to try to market it at the same time don't sniff don't stiff your bodies right like don't don't cut some unfair deals but if you make a good offer and it's accepted and you know to you it's a sensible offer economical that makes sense that's how you get in the game the more sneakers you sell the more cash you bank and this is a nice side hustle even easier compared to like doing Airbnb or tour or because you don't need a lot of money to get started all you need is really a bit of sweat equity to run around on the streets talk with your homies and see if they can link you up with whatever sneakers they have that they would be willing to sell and then you can resell those things now our fifth and final side hustle that can make 6 or 7 figures is hair care so hair care with hair care this is one of those that really surprised me so if you're good at making people's hair which I'm not which is why this was a bit of a surprise when I first found out about it you can actually make a lot of money with the hair care side hustle now the way you do this is you go around the neighborhood and you start offering to make people to do people's hair for them you know whether you are doing weaves or you know you're doing some kind of braiding people's hair or other types of hair care you know you're really good if you're really good at making hair this is one of those things you can actually make good money now you can charge when you start you charge a little bit of cash but as you build up a reputation people start recommending you to their friends now your fees can start going up and before you know it that can expand into you being like a full-time hair stylist and actually doing this either at home after work or you do it you could even like open like a hair styling like you know salon and things like that it can literally blow up way bigger than just a side hustle but the way to really take that to the next level and go to seven figures with it is to actually then come out with your own hair care products if you can if you now you have that expertise where you can recommend and you can come up with a hair care formula that's really good that treats people's hair better than current solutions in the market there are people that have made bank with this and that's why I think this is such a neat side hustle like it can go beyond seven figures this is one of those big opportunities so there you have it five surprising side hustles that make six or seven figures now if you want to grab some of my free resources 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