High Income Businesses You Can Start in 2024

Thanks to HubSpot
for sponsoring this video.

So naturally, a lot of people think
that to get a high income job,

you need to go to university.

Now, there is nothing wrong
with going to university.

I think if you're doing something
that requires a university degree,

then, of course,
you have to go to university.

Like it makes a lot of sense.

But I also like to make the case
that you can make money

without having to go to university.

And I'm the prime example.

I'm someone who is not going to
university, is not going to college.

And I've been able to build income
streams.

I've been able to build businesses
that can make me serious money,

more money than most, 9 to 5 jobs.

I feel like we're also very lucky
where we live in this digital age,

where you can make a business
just by sitting behind your computer.

It blows my mind and it's exactly
the type of businesses I've built.

So in this video,
I wanted to share some business ideas

that you can start
their actual proper businesses.

They don't have to just be side
hustles

that make a little bit of money.

They can be grown
into fully fledged businesses.

The other great thing
about the businesses

that I'm going to be covering
is that they don't require

a ton of money to get started.

You can easily get started
with what you already have,

and they also provide

a lot of flexibility and freedom,
which is important to me.

The whole idea, the whole point of me
starting online

businesses and doing online
businesses is so that I have freedom.

So number one is of course,
content creation.

So I have turned content creation
into a full time basis.

A lot of you that are watching
this channel may not already know

that I actually have another YouTube
channel.

I have a tech YouTube channel.

I also make content
for Instagram and TikTok.

I make content for all sorts,

and I'll be making content for five
or ten years now.

Content creation for me has unlocked
so many different opportunities.

And now with the position that I'm in,
I want a couple of YouTube channels.

I'm starting new YouTube channels,
I have Instagram,

I have Tik Tok, I'm making content
for brands.

There's just so many different ways
that content creation

has helped me make a lot of money.

I think the best thing about content
creation is that you can turn things

that you already love
doing into content.

It is very easy to get started now.

Of course, it's not easy to grow,

but I think with the way
the Internet is right

now, you can make content
really about anything.

You can find niches everywhere.

If you love doing something,
if you love showing something,

there will be other people out there
who also love that same thing.

For me, it was tech,
it was gadgets, it was design.

So all those things mixed together,
especially product design

and things like that,
all of that mixed together.

That's what I loved and that's what
I made a YouTube channel about.

And it's going really well.

It's doing incredibly well.

I was making
an incredible amount of money for me

and it's just been such a great way

for me to turn something
that I love into a business.

The other great thing about content
creation and social media

is that it's not just about you.

Like, I think a lot of people fall
into the trap of thinking

that they have to make content
where they're in it,

when they're doing the voice overs,
where their faces on camera,

stuff like that.

Not at all.

You can really do all sorts of stuff.

You don't even have to do
content creation, free stuff

you can do for other businesses
as well.

If you are interested in social media
trends, HubSpot

have put together a social media
trends report and expert panel.

If you want to follow in my footsteps

of making a business
out of content creation.

One thing I would highly recommend

is just keeping up with social media
trends and seeing what's trending.

Of course, the one issue is how
do we know what's actually trending?

Because things are moving very,
very fast in social media world.

But I have just the right resource

here to help
stay on top of this year's trends.

How to Spot Social Media Trends
Report.

It's an e-book
that covers a wide range

of social media trends, including
community building, social commerce,

influencer marketing, content creation

and platform specific strategies.

There's a whopping

40 pages of insanely
valuable information in this e-book.

It's a vital resource for anyone who
wants to take social media seriously.

It covers important metrics, goals
and challenges faced by social media

marketers, providing benchmarks
and insights to measure success.

Understanding user behaviour trends
highlighted in the report enables

tailored content strategies,
ensuring content resonates

with audiences and drives
meaningful engagement by anticipating

future trends and staying informed
about competitors strategies.

Those who take social media
seriously can maintain relevance,

optimise advertising campaigns,

and can stay ahead in the landscape
of social media marketing.

Content creation for me has been
the biggest driver for my business.

It's how I've been able to give myself

the freedom, freedom
to grow my business.

This e-book does a great job
of demonstrating that content creation

can be a huge driver of new customers

and revenue
for pretty much any type of business.

So make sure to check out.

It's completely free to download.

Next up is short
form content and repurposing.

So if you have any sort of skill
when it comes to video editing,

which I think is actually fairly easy

to pick up
this is such a great business.

This is such an easy way
to make some money.

But growing a business like this for
a lot of people can be quite difficult

and it's because they go about it
in the wrong way.

What I've noticed is that a lot
of editors that are making shorts

don't really have a style,
and they're also

not really seeing what's trending

on the social media landscape.

You could say they're not seeing
what other types of clips

people actually want to see.

So I find a lot of these short
formats says they're just trying

to make as many clips as possible
just to get the job done.

However, if you want to make
big money, proper money

when it comes to making short form
content editing, short form

content for businesses, for creators,
whatever it might be,

it's all about coming up with clips
that will either go viral

or can actually make money
for the end client.

A lot of people don't
seem to really be focusing on that.

Like I said, they just want to make
as many clips as possible.

But if you can prove

that your clips are either going viral

or they're bringing conversions,
you can charge a lot more money.

I would happily pay for a short

film editor who I know
can regularly get me

hundreds of thousands of years
or millions of views

or who can sort of figure out

what's trending was not trending.

Look at my videos and stuff.

See where they could see a clip

maybe potentially going viral
or maybe for other parts

of my business
that I helped drive over.

If they can prove
all those sorts of things,

I'm happy to pay them big money
like that.

Obviously,
being able to deliver the results,

I want to be able to reward them
for those results.

And I know there are short form
editors out there

who are making well over
five figures a month.

They have a few clients
that don't have that many clients,

maybe three or four clients,
but they're regularly churning out

good quality repurposed videos

that are doing well for their clients.

And that's the most important thing.

Instead of

just trying to figure out I'm going
to make ten clips for like $1,000.

No, no, no.

And I think it's actually better
to make sure

that the clips you're making
are actually going to do well.

Another thing that I've noticed
when it comes to short form content

is that a lot of people
try to overdo this or flashy ideas,

try to do crazy captions
of sound effects and things like that.

But some of the most viral clips
that I've seen online

don't have any flashy editing at all.

The person has just found

a clip from a video
or from a podcast or something

like that,
which they know will go viral.

They've gone through the effort
of figuring out

what can work on places
like Instagram and TikTok tutoring.

So this is a perfect mind

for anyone who is also a student,
because I've always said

that the best person to teach
another person is another person

who's also learning that same thing,
but only a few steps ahead.

I found that people who are already
very,

very knowledgeable in a subject,
I'm actually great teachers

because they're already way too far
and maybe they learn the basics

or something.

Years ago, decades ago,
and now teaching someone

who is completely new to the subject
can actually be very, very difficult

because they're thinking years ahead
whilst this new beginner,

this person is just starting to learn
the subject

is trying to just learn
the fundamentals and the basics

so it can be quite hard
for those two people to really learn

from each other.

The best person to learn from
is someone who's just a few steps

ahead of you.

And the great thing

about something like this is
that you don't need to be an expert.

Like you don't need to know everything
about a certain subject to teach it.

And I think that's why tutoring
is actually such a great way

to make money,

because a lot of people fall
into the trap of thinking

that they need
to be an expert in a subject

and they need to know everything

about this certain subject
to teach it to someone else.

And yeah,
it just really isn't the case.

So if you're someone who's
also a beginner

who wants to make some money,
he wants to be able to

you can make a lot of money
doing this.

You're in the perfect position
to also teach someone else.

The great thing about this
is that if you want someone

who happens to be at university
and you're watching this video,

you can be someone who's teaching
multiple people.

So you can have your own class.

You can teach multiple students
most people at the same time,

and you can charge them
all the same way, really.

So maximising your income,
scaling your income,

this is such a great way
to scaling income,

having lots of people
that you can teach at the same time.

And then if you want to take it

up a notch,
you want to take it to the next level.

You can make courses.

Digital courses especially are such

great businesses and so many people

who have digital courses
that are teaching stuff online.

They put a curriculum together

and they're making absolute bank

because it's such a scalable business

and you're not necessarily limited
to a number of students in a class.

You can really just sell it
to as many people as you like.

I have my own course video credit,
of course dot com,

and it makes great money.

I still just have it
sitting in the background.

It's all about

how to make high quality videos,
not necessarily for YouTube,

but just making high quality
videos in general.

And yeah, the great thing about it is
that it's

all just making money
passively in the background.

But there are creators out there

who have turned courses
into fully fledged businesses

that are just making millions,
like making millions.

It's absolutely insane because people
are willing to pay for knowledge.

That's the most valuable thing
about courses.

If you can teach something
that's valuable to other people

where they can use it to
maybe make their life better,

maybe make relationships, love

whatever might better make them money.

So those three things happiness,
love, money.

If you can take something

that takes advantage
of one of those three things,

you can make a lot of money.

I found with courses

the people who are looking to
buy, courses

that are looking to learn stuff
from courses they're looking for,

the money details are looking
for the fun in details and things

because they want to see
how other people are doing it.

They want to see systems and processes

in place
that has worked for someone else

and they want to see if they can apply
the same systems and processes

to their own sort of way of life,
their own way of doing things.

Gym workouts
are a perfect example of this.

If you see someone who you think, Wow,
they look incredible,

you might also be interested in
How can I look like that?

So if that person had a course,
if they shared their gym routine,

you're obviously going to look at it
and you're going to think, okay, let's

see what they're doing and maybe I'm
missing out on something.

Maybe I'm not doing something right
because clearly

they're doing something right
that I'm not doing right now.

Social media management.

So this is one
I've covered in the channel before,

but there are so many businesses
out there,

especially businesses
run by older people who you could say

who just have no clue
about social media.

They don't know anything
about his found TikTok

YouTube
or any of these social platforms.

They don't know what it takes
to make content.

They don't know how to publish content

that I know
what type of content to make.

And it's not just older people.

They're also people,

young people who don't really have
any idea of social media.

These businesses,
these sorts of people,

they are usually willing
to pay someone else to do it for them.

And that's the whole point.

If you can take the pain away
from someone else

and also make their lives better,
make them more money,

you can charge big money
for social media management.

The great thing about this business
is that it is somewhat scalable.

So if you have systems
and processes in place,

there's no reason
why you can have three

or four or five businesses
where you're charging

maybe,
you know, between 2 to $5000 a month,

maybe even $10,000 a month, depending
on how much you're doing for them.

You can also hire other people to come
in and help you with those things.

It's such a great way
to build a business

that can make quite a lot of money
quite quickly.

If you're someone
who is social media savvy,

I think it makes a lot of sense.

One angle that I would take with this,
which is what I mentioned earlier

on in the video,
if you can show a client

or a business,
whoever you're selling your skills to,

that you're either bringing in fees
or you're making them money.

Them going to be more
than willing to pay for your services.

Next up, we have you want us
design and website creation.

So well before I started doing YouTube
and so making money

from YouTube, my main source of income

was UI, UX design
and making websites for clients.

And let me tell you,
I made a lot of money doing that.

It was just
one of the best things that I ever did

is one of the best skills
I ever learned.

I made a lot of money and very,
very quickly, a few years

into my career, I was charging

$500 to $1000 a day

for my services,
depending on the client,

depending on the business,
depending on what they needed.

And I remember thinking
at the time, like, holy moly,

I can't believe I'm charging
$1,000 a day for my time.

Obviously I'm selling my time,
but still it's $1,000

like I was in my early twenties,
mid twenties.

And I think to myself,
this is outrageous.

Like $1,000 today.

I did have some imposter
syndrome back then.

So I was thinking to myself, I can't
believe I'm charging $1,000 a day.

But now when I think back, the reason
why I was charging $1,000

a day was because those sorts
of skills just wasn't that common.

Not a lot of people had those skills.

Not a lot of people had the style
that I had when it came to

UI UX design and making websites.

And that's the one thing I realised

from nearly all of the clients
that hired me.

They were looking
for my specific style

and that's
what's so important about you,

why you design a website creation,
having a style that's pretty unique

but also very refined
and can deliver results.

The other thing is most people
just aren't that technical.

They don't want to be messing around,
spending time

learning how to use figma,
which is what I use to design

and using things like framer or
learning how to code to make websites.

Just like with social media
management, mice, businesses,

they don't want to be focusing
on making a website.

They don't want to be running
a website, nothing like that.

They would much rather pay
someone else to do it.

And the great thing about websites
is that we know they make money

like that.

A good face for a business,
whether it's like a restaurant,

whether it's an e-commerce site
or whatever it might be.

We know it's a way for people to look

for that business online
and for that business to make money.

And you could even take it
a step further.

You can go to the business
and be like, Look,

I will make your website for free.

However, any clients I get for you,
any customers

I get for you through the website,
I take a cut.

Maybe it's 5%, 10%, 20%,
whatever it might be.

That's such a good way
to make a lot of money.

This is also a very scalable business

because once you've made a website,
you could just charge a retainer fee.

You can also hire other people
to come in to manage websites,

to make websites with you,
to make websites for your clients.

It's just a very scalable business.

And there are so many companies,
so many agencies out there

that we already know
are making millions doing this.

Another thing
that's become very popular is just

charging businesses on a monthly basis
a retainer, essentially.

And Darrel, a designer
who shares his work on Twitter,

he runs a design
agency called Endless Dot

Design,
where he charges $8,000 a month.

And he's doing incredibly
well from the information on Twitter.

And it's a simple retainer package
that gives

you basically a one design lead.

One seeing the design on five days
a week, one request at a time,

you get an unlimited amount
of design work in that time.

Dedicated Slack
Channel Unlimited revisions

and a 40 hour delivery,
and he's charging $8,000 a month.

And you can see
he only has one spot left already.

So people are clearly paying for this
and he's making a lot of money.

And like I said, if you have
other people in the business,

you can have more and more spots,
you can have more availability

for clients.

This is a fantastic way to make money.

And like I said, it's
how I used to make money

before I made YouTube videos
and I made a lot of money doing it.

I made a couple of million
doing this whole thing.

That's for this video.

Hopefully you guys enjoyed it.

As you can see, I am in a new setup.

I have a completely new setup.

This is in my new office in Dubai.

I still have a few things
I enjoy, said.

I still have a few things
I sought out like my microphone.

I'm using this lava lamp
like most DJI,

like instead of my podcast, my
I made my podcast.

Like I need it to come on.

So I'm just waiting for things
to set up.

I'm shipping a lot of things
from the UK to Dubai,

so I'm waiting for things to arrive.

So yeah, things will go back
to normal,

the high quality
order will go back to normal.

Hopefully you guys enjoyed it.

Follow me on Instagram and Twitter
where I'll be sharing a lot

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