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Do THIS to Make $10,000 as a Student
Introduction
Ladies and gentlemen, everyone wants to know how to make ten thousand dollars a month as a student. The only issue is there's a lot of misinformation out there, making it seem easier than it actually is. In today’s article, I’ll break down the three main components you need to focus on to make ten thousand dollars a month as a student. At the end, I’ll provide a link to a video that breaks down the seven to eight most popular online business models, helping you figure out the best fit for you this year.
The Right Vehicle
The first thing you need in order to hit ten thousand dollars a month as a student is the right vehicle. You need an opportunity that is big enough but not too risky. Trading is not the way to go due to its high risk and difficulty. Instead, consider starting a very lean online business. For example, a service-based business like building marketing funnels or managing short-form content for clients can be highly profitable. The key is to offer a service that either has a high perceived value to clients or offers high leverage.
Stretch Out the Timeline
Social media often gives the false impression that you should achieve success quickly. Set your expectations realistically—not in months but in years. I began my entrepreneurial journey in 2014 and it took me three years to achieve my first ten thousand dollars a month. Understand that making progress often involves a lot of flatlining before you see a major boost. It’s essential to set expectations properly so you don't quit before giving it a proper try.
Staying Consistent
The third component is not just reaching the ten thousand dollars a month but maintaining it. Many people find making that amount easier than consistently achieving it month after month. Once you reach this milestone, work on cementing it as your Baseline. Your financial identity is crucial—it’s the point where anything less would make you feel off. This mindset helps solidify your baseline earnings and motivates further growth.
Achieving ten thousand dollars a month as a student is not easy, but it is possible if you choose the right vehicle, set realistic timelines, and aim to maintain consistent earnings.
Keywords
- Right vehicle
- Online business
- Service-based business
- High perceived value
- High leverage
- Realistic timeline
- Financial identity
- Consistent earnings
FAQ
Q: What is the “right vehicle” for making ten thousand dollars a month?
A: The right vehicle is an opportunity that is large enough to achieve significant earnings but not excessively risky. Service-based businesses, like creating marketing funnels or managing short-form content, are often good options.
Q: Why is it essential to stretch out the timeline?
A: Realistic timelines help set proper expectations. Building a sustainable business often takes years, not months. Unrealistic expectations can lead to discouragement and quitting prematurely.
Q: What does it mean to maintain consistent earnings?
A: Consistent earnings involve not just reaching ten thousand dollars a month but maintaining this income level month after month. This often requires setting this income level as your financial identity baseline, ensuring that anything below feels out of character and unacceptable.