Vansh Patel on Side Hustles
Vansh Patel
Side Hustles
Claims and stances
Transcript
- 0:00 Wesley, I think you bring up a question that almost every teenager is asking themselves uh right now or throughout the past.
- 0:08 Uh I mean, for your example, you bring up uh physical side hustles, and for that, I've definitely heard of a lot of creative ones.
- 0:18 I think some of the most common are uh selling copper uh or recycling copper, for example, uh through old wires and just stripping it and selling it.
- 0:30 Uh some other possible ones are uh I don't know, it takes a little more effort, but pressure washing, window cleaning, just things like that.
- 0:43 They're definitely not uh easy jobs, but they provide uh pretty high forms of income.
- 0:52 I mean, window cleaning I know is the easy one, uh just door-to-door sales, things like that, pressure washing and things like that.
- 0:59 Those are definitely ones that I've done before in my past and have definitely been helpful.
- 1:05 Uh for how little time you actually put into uh just finding business.
- 1:12 Uh it it pays a fair amount.
- 1:15 Uh but I wanted to talk about how it's really changing to the digital platforms uh where side hustles are being born right now.
- 1:27 I know a couple years ago we had the rise of drop shipping, and you know, as soon as it got popular, it was becoming automated.
- 1:36 But at the early stages of drop shipping, there were definitely people out there controlling the markets and they were making very generous amounts of money and I know from that it shifted to uh kind of commission-based platforms, I forget what it's called, but like Amaz affiliate programs, right?
- 1:58 Uh posting products that you use and getting commission from your sales uh was another big one.
- 2:06 And I think lastly now with the age of social media, you're almost wasting an opportunity to not use it.
- 2:14 Uh some of these platforms are paying so much that if you just have a somewhat original idea and get online to post it and face the social stigma that you may have to from your friends, but I think social media is where it's at right now, the creator rewards program on TikTok.
- 2:33 Uh just affiliate marketing with that also.
- 2:36 I know some of these kids are just having links in their TikTok for products and the TikTok shop and they're making almost full-time salaries from a couple minutes a day of posting a little simple video.
- 2:50 And I think that's really where it's headed.
- 2:54 Uh although while people transition to digital side hustles, there's always gonna be a market for this physical things like you mentioned.
- 3:03 Uh the lumber, the copper, the uh just kind of some of the simple things out there.
- 3:09 I think there's always gonna be a market for that, and I think if you're able to pick up a a market that's untapped uh like that in your area, I think it's I think it's a smart idea.
- 3:24 So yeah, I think you made an excellent point and posed an excellent question.