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Fascinating question about making $5 million in 10 years

267 Comments- Get free updates of new posts here

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A few weeks ago, I stumbled across this interesting question on Reddit:

If you had to make $5 million over the next 10 years, how would you do it? The answers were fascinating.


How people on Reddit would make $5 million

It’s amazing how quickly people turned down the dark alley of anguish and moral depravity. It’s like there are no legitimate ways to increase your income. Nope, you’ve got to sell your soul and become a corrupt politician or drug dealer.


Me in my NYC apartment

Why do we think this way?

I’ll share my thoughts tomorrow. But first, imagine you were in a similar, more realistic situation.

Let’s say you needed an extra $10,000 next month. Maybe you needed it to pay for an awesome once-in-a-lifetime trip to Australia…or you wanted to cover a few months of living expenses while you looked for a different job.

If you had to get your hands on an extra $10,000, how would you get it?

Leave your answer in the comments below. I want to see if you can do any better than the people on Reddit.

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267 Comments on "Fascinating question about making $5 million in 10 years"

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Mark Hawley
Mark Hawley
5 months 14 days ago

I would start courses on Udemy and write non-fiction books on Kindle.

Ikenna
Ikenna
5 months 14 days ago

There are a few things that come to mind

A. Reselling used cars in west Africa
B. An online course on personal finance or Sales force
C. Get into competitions for a number of things
D. This will not make that much in the short term but list my apartment on Airbnb

Liz Johnson
Liz Johnson
5 months 14 days ago

I agree with you Mark. Build a Kindle empire. Also, consider an Amazon FBA strategy

Male Anak Niyur
Male Anak Niyur
5 months 14 days ago
Dear All, I am looking for someone from all parts of the world who would like to join/partner with me to kickstart the International Cooperative Conference in 2017 at Kuching, Sarawak, Malaysia. I am looking for those of you from the USA, Canada, Europe, South America, Africa, India, China, Japan, Australia, New Zealand, Indonesia and others. It is a million dollar project and I can raise money and grant from the Malaysian government. Lets us connect with one another. For your information, I am currently sitting as Board Directors for three cooperatives in Malaysia. Anyone interested to connect with me,… Read more »
Brad B.
5 months 5 days ago

Unfortunately this will not make you millions , but it can give you a financial boost to start something that could generate millions. Like real estate investing

Ana
4 months 16 days ago

I love your advice to entrepreneurs.

I liked a lot your advice to get out of debt, the first step to become rich 😉

I have created an easy to use decision tree based on that:
http://www.iboske.com/beta/anammartin/1769472/how-can-i-get-out-of-debt-fast

I hope you all like it!

Austin
5 months 14 days ago

Easy – helping people work 100% remotely in their current jobs. You keep adding value to your company and you keep your current salary + benefits, but you gain an extra 3-4 hours a day to:

– Spend time with your family and loved ones
– Start a business
– Pick up a new hobby
– Travel the world

Matt
Matt
5 months 12 days ago

Austin – got any strategies for something that can provide this outcome to multiple entities/ companies? Can I help you do it?

Free Range Nation
5 months 8 days ago

I actually just started up a business doing this type of work. I am a mobile work coordinator. I started at the Federal Government and now I help individuals and private companies.

Ashton
5 months 14 days ago

I actually DO need an extra $10,000 in a couple of months to pay living expenses while I go to school. My strategy is to create & sell an online course, something I’ve been working on for a while now. I hope to report back later with a success story. x

Rocky
Rocky
5 months 14 days ago

What kind of course? Have you done the marketing research that this is something people want?

I see a lot of ‘course-makers’ who dump course after course and barely break even with time vs money. I’d love to see what you’re up to!

alan
alan
5 months 14 days ago

HUSTLE ! buy 24 bottles of water for 4€ and sell one bottle for 1.50€ or buy other things cheap and sell it expensive hustle hustle hustle if you have enough money open a store a bar or whatever invest (forex) but keep hustling never stop

Joe
Joe
5 months 14 days ago

Sell an asset or some depreciating assets.

Joe
Joe
5 months 14 days ago

Buying and selling

Tiffanee
5 months 14 days ago

Yes! This would be my first go…

Howard
Howard
5 months 14 days ago

I would buy an adsense site that already was making a verified 1 to 2 grand per month and was not fully optimized. Then I would pay someone to optimize it and keep it optimized on a monthly basis.

Then I would rinse and repeat.

Looking forward to others’ comments.

mytarious
mytarious
5 months 14 days ago

How much would such a site cost initially to start and yearly to manage.
Great Idea.

Joe
Joe
5 months 14 days ago

How would this net you $10000 next month? It would actually cost you $20000+ as most websites on Flippa with that type of revenue sell for at least 12+ months income… and that assumes the seller is perfectly honest with his listing.

The quickest way to $10k would be sales.

Ioana
Ioana
5 months 14 days ago

I’ll get a loan from the bank or borrow money from a lot of friends. I was in a situation where I needed 2000 euro in 2 days. I had a friend who helped me giving this amount. It is good to have friends with financial possibilities around you.

Shaz
Shaz
5 months 14 days ago

I agree it would be common sense to get a loan, but there is no guarantee you’d get approved for $10000. The other more common sense option would be to ask for help from family, sell some asset, stock options, jewelry or something else that is of value

Zuby
5 months 14 days ago

Easy. I’d open my pop up shop for an entire month rather than my usual 7 to 10 day stint. It’s a lot of work but it would certainly bring in income around that region.

I have no desire to do that all year round but certainly can and have done for up to 5 weeks at a time without days off.

Anna
Anna
5 months 14 days ago

I would continue reading all these comments until I found the most original suggestion within my skillset

Eric
Eric
5 months 14 days ago

This is the most honest response on here. I’m wondering why if everyone has these ideas on how to make $10000 in the the next month, why don’t they just do them and have an extra $10000 in their pocket?

ingmar
ingmar
5 months 14 days ago

@ eric. why you think he gives this excercise?

Kasey
Kasey
5 months 14 days ago

Exactly! I agree with both Anna and Eric.

Rebecca
Rebecca
5 months 14 days ago

Good answer!

Alexa
5 months 14 days ago

This is an excellent tactic.

Richard
Richard
5 months 14 days ago
Indeed it is an interesting question about why if everyone has these ideas on how to make $10k in the next month then why doesn’t everyone just go out there and do it? It’s somewhat similar to this dream I had of wanting to be a bus driver with a local transport operator. I want to know how it feels like commandeering such a large vehicle, how to use the various equipment on the bus and how it feels like seeing different people go up and down the bus you are driving. So I thought I’ll sign up to become… Read more »
Sonny
Sonny
5 months 14 days ago

Thank you Richard for this great story. It helped me a lot.
Have a nice day!

Christian
Christian
5 months 14 days ago

I would ask myself: What am I good at? AND
What kind of Value could I offer to others which would result in 10,000 $?

It’s not really the matter ‘what you do’, but who you do it for and WHY.
The biggest Secret lies in ‘serving others to achieve their greatness’.

Jason
Jason
5 months 12 days ago

so Christian, what would YOU do?

Ghaz Zafar
Ghaz Zafar
5 months 14 days ago

I would invest it straight into you. The free content alone is very valuable, imagine your secrets that we can unlock in all your courses. I would probably get more then 10K in little over a month judging by the testimonials from various courses. To apply it all is priceless in the long run. Of course this would not take a month which I just broke your rule just now xD. Also assuming the individual follows the steps the way you prescribed. The “Economy is bad” isn’t a viable crutch anymore, for the system was built to fail. Die trying.

Jesse Gernigin
5 months 14 days ago
I’d do one of two things. I’d reread Jay Abraham’s book and focus on increasing the value of my side hustle freelancing service (copywriting for websites) to increase my income to match the $10,000 gain. I also have set aside an emergency fund in both cash and bullion. I know you are against bullion but I like it as a long term cash in hand investment. If I need a thousand dollars I can cash in an ounce of gold. I know you pay a premium but the premium to get and out of a physical ounce of gold is… Read more »
Anonnymoose
Anonnymoose
5 months 14 days ago

Which Jay Abraham book?

Nina
Nina
5 months 14 days ago

I would set up a systematic way to teach Diet Free Life to children across America. It is the simplest way to undermine diabetes and obesity.

Rocky
Rocky
5 months 14 days ago

Interesting! How would you generate income from that? What does that look like?

Male Anak Niyur
Male Anak Niyur
5 months 14 days ago

I would get a company to pay me $10,000 in exchange for my service to help them to make a clean profit of $50,000. There are many other ways to make $10,000 such as developing new how-to courses, conducting seminars and even selling high priced items.

L
L
5 months 14 days ago

I would build tons of membership sites in big niches and drive loads of relevant traffic to them

Stephen Waugh
5 months 14 days ago

I would code web pages and apps for others.

AaronW
AaronW
5 months 14 days ago

$8000 into the best quality energy companies that have been beaten up by the downturn in oil prices. They WILL rebound.
$2000 into ammunition. Election cycles make gun owners nervous and they start buying more than they need, driving up the price. I call it “an investment in copper and lead.”

Joel Stolarski
5 months 14 days ago

Have to make $10,000 in a month. $10,000/30= $333 a day. If I could answer this one, people would gladly pay good money for the method.

Angela Liu
5 months 14 days ago
If I wanted to start incrementally (focusing on the $10k/month): Resume consulting. Pretty lucrative consulting area as a whole– could end up in the hundreds’ just for a deep-dive edit. So, even if I were to be ultra-conservative and under-charge people at an average of 4 consultations per biz day totaling 250, that comes out to 5k a month. Be a bit less generous and charge closer to market rates– let’s say 5 per day at 500. Bam, 10k. Not time intensive either and can include creative variations like one-on-one interview coaching, LinkedIn and other social media consultation/re-branding, cover-letter consulting,… Read more »
Alexa
5 months 14 days ago

I swear to God I thought I was reading my own writing in this post. This is exactly the business I’m in–I *just* came from a meeting with my web designer, talking about productizing my newsletter in this exact way.

Rad.

Great minds hang out in the Ramit comments, etc.

Riki
5 months 14 days ago

Hi Angela,

I like your idea and started a company (www.resumelion.com) about a year ago to help people write their resumes, cover letters, and find jobs. However, it’s proved somewhat difficult to find customers at the rate you describe (4 to 5 a day) even though I feel the service is exceptional. I believe this is because people are hesitant to give money to someone they don’t know. Would love your feedback.

Best regards,

Riki

Brian
Brian
5 months 14 days ago

Who’s Ramit Singh? 🙂

Jason
Jason
5 months 12 days ago

@Riki, put a picture of yourself on your website. I immediately went to the About Us section and there was a bunch of copy and no picture. To me, this makes you less “connect-able” than someone who shows more personality.

Charles H Green
5 months 14 days ago

I’d hustle to come up with an incremental client or two for a speech or workshop.

Luis Hernandez
Luis Hernandez
5 months 14 days ago

I would some how make it into the Illuminati or any other Secret Society (yeah sure…). Within the first year I will perform a hostile take over. “Taking out” all prior members and make the world a better place. I’d also give the money away to the people who are literally dying everyday.

Anirudh
5 months 14 days ago

Really sell my course hard on how to scale your startup at http://www.growthspartan.com.

Ashley
5 months 14 days ago

I would find as many freelance jobs as I could and work at home jobs to do on the side.

Brian
5 months 14 days ago
This is very simple for me. I’m a front-end developer/designer, so picking up side work is truly just a matter of hustle; the work is out there and in fact, as a freelancer I kept a roof over my wife and my head for a year and a half doing nothing but hustling. The biggest difference between then and now is two fold: First: I’d focus not only on project/client size but their capacity for ongoing value; i.e. How a $5,000 site build turns into a $300 month service and support contract for 2 years (total value of $7200, and… Read more »
Manfred
Manfred
5 months 14 days ago

Dear Brian,

Thank you for your wonderful sharing! You provide us with a living example of someone who is currently able to live at home without needing a job!

I know your time is worth lots of money, but perhaps in the future you may want to explain things a bit more so that others understand and won’t end up saying that you don’t make sense. For example, some people may not understand “hustle”.

Lillian Nalumansi
Lillian Nalumansi
5 months 14 days ago

I would use some of the money to buy electronic equipment for my intended media channel. Some of it would go towards hiring a small office and hiring a few staff to get us started.

Lindsey
Lindsey
5 months 14 days ago

Leverage my current network of artists and “online personalities”…people with large followings that aren’t capitalizing on their potential because they don’t know how. Help them develop products that create substantial value for their audience then monetize it!Take a percentage.

Robert
Robert
5 months 14 days ago

I would probably try to start investing in stocks.
Or maybe start by own business somehow.

Mark
Mark
5 months 14 days ago

Sell my car and rely on public transport for a while, or get my bicycle out.

mytarious
mytarious
5 months 14 days ago
I believe making that amount of money would in essence be affected by a individuals goals and daily habits directed toward his ultimate goal.He or she must have passion for the reasons behind going after such a goal. I would hustle multiple incomes and balance my savings checking and invest to build a desired discipline of wealth management.All the while taking risk in business ventures that match my values.By believing in revolutionary thoughts and ideas I assist the universe in creation.As you act as a perfect functioning gear in time and space you will be building machines that others would… Read more »
Qasim
5 months 14 days ago

I would call the bank and make a withdrawel

Laura Truitt
Laura Truitt
5 months 14 days ago

If I knew the answer to that, I wouldn’t need you, Ramit. But, if I thought it would work, I would use all my spare time to 1) Figure out the Teacher-Pay-Teacher market and needs. 2) Choose a part of the market which I could do consistently and develop product 3) Brand myself 4) Market like crazy 5) Get friends to buy first and help market 6) Replicate

Kurt M.
5 months 14 days ago
I have a portable Bobble Heads Entertainment business that you set up at events and make personal bobble heads for guests. If I needed to make $10,000 in a couple months I’d setup a site, advertise it as a way to make a few thousand dollars over a weekend, which we’ve done ourselves so I know it works, but I’d rather sell this business concept to others who could purchase our system, start their own business and we’d each make $10,000 over the next couple of months. My problem is where do I advertise or find a market for people… Read more »
Gwynne Montgomery
5 months 14 days ago

Sell eight of my one-day virtual intensives @ $1250 each.
Book four of my one month SoulClicks intensives @ 2500 each
Offer three in-person I come to you Vision Your Life intensives @ $4000 each

$10,000 isn’t hard to make. At all 🙂

Mandi
5 months 14 days ago

Agreed Qwynne. One of the more sensible suggestions here.

I’d just go and get 1 client, find an way for them to finance full pay, and offer some crazy incentive that made it a no-brainer to pay all cash up front.

Male Anak Niyur
Male Anak Niyur
5 months 12 days ago
Agree Gwynne. In actual fact you can make even more than $10,000 a month selling or promoting courses, either in-house or open to public or you can turn it into a million dollar income doing international seminars or conference. I have experienced it when we conduct Dr Edward de Bono programs and selling it at $1,380 per pax for a 2 days seminar and we managed to pull a crowd of 150 pax. So we make more than $200,000 from that alone seminar. If we were to do it every month, its going to be a lot of money and… Read more »
jared
jared
5 months 14 days ago

A penny saved is a penny earned. Who the devil would want a “once-in-a-lifetime trip to Australia?” Visiting a former penal colony is not on my bucket list and, bingo, I’ve saved ten grand to be spent on something more useful.

Fee Burke
Fee Burke
5 months 14 days ago

Awwww Jared, you’re so mean you wouldn’t know WHAT was good value. What is on your bucket list? A domino fort?

JJ
5 months 14 days ago

First of all I’d cut some expenses. There are always places you can cut costs, especially if it’s temporary.

Then, start selling the junk I don’t use or need in my house. Get rid of crap. Sell it on Facebook or eBay or Craigslist or whatever.

Those two combined probably wouldn’t add up to ten grand unless you had a lot of gold jewelry or something, so after that I’d make up the difference offering a coaching or consulting program of some kind, and call everyone I knew to sell it.

Todd
Todd
5 months 13 days ago

Yes. Lose my Comcast and hold a yard sale or sell things on Craigslist.

Bryan Dangerous
5 months 14 days ago

I would revisit older satisfied clients that have benefited from my custom high energy comedy juggling show in years past. Shows that they booked for one of their awards night galas or ending entertainment ceremony for a week long conference and get them to re-engage and book a new performance and or give me a referral to another company that might be looking for my special brand of entertainment.

It would only take 2 as the show is a minimum of $5k each, which reminds me I have emails to write haha thanks Ramit!

Whitney H
5 months 14 days ago

Kickstarter campaign

Male Anak Niyur
Male Anak Niyur
5 months 12 days ago

Hi Whitney,
Email me your kickstarter campaign info at maleanakniyur@gmail.com.
Thank you.

Sara Jane
5 months 14 days ago
First of all, I’d go sit somewhere quiet in nature and clear my mind, reflect – whether 30 minutes or over a couple of days. Then I go back through my client list (have my own biz) and take a long, hard look at their needs and ask questions: what are they doing now? how has their life changed? do they need information to start a new business? solve a problem? make more money? Brain storm. And then begin outlining and creating a plan to help clients on my dry erase board, and implement it. Pick up the phone, call… Read more »
Marie M.
Marie M.
5 months 14 days ago

People’s comments can be so harsh, I thought yours was the one that made the more sense and was the most realistic. Keep up the good work!

ingmar
ingmar
5 months 14 days ago

i would go ahead and make my webshop this week on selling stuf for your foreign girlfriend.

Mike
Mike
5 months 14 days ago

I honestly have no idea. I think I’d have to pass on this opportunity. I have no skills, interests, expertese, or anything else I could exchange value-for-value to get that $10,000. I really wish I had. I am probably the least knowledgeable, skillful or creative person you’ll ever meet! So sad because I’d love to have an extra $500 per month (nothing like $10,000) just to be able to travel more with my wife during our retirement.

Danielle
5 months 14 days ago

This is the saddest thing ever! You can completely hustle $500 per month. If you don’t feel skilled at high-paying things, think smaller. Maybe you make great jams, maybe you love gardening and can offer some landscape design consulting, maybe you can start a blog about raising your income in retirement (here’s what works and what doesn’t sort of thing).

Feel free to contact me if you want to chat about possibilities. I’d love to help you identify your skills and how you can market them!

Jamie
Jamie
5 months 14 days ago

Find 3 people/families who want someone to cook 2 home cooked meals a day (within my area) and charge $55 or so for each meal. That’s a thousand shy of $10,000 but it’s close enough. If I really wanted that extra $1000, I’d just have to make an extra meal a day for someone else. Then I’d be making roughly $500 extra.

So, yes. That’s how I’d avoid selling special brownies.

Ryan
5 months 14 days ago

I would absolutely love to get my additional $10K by simply implementing a system. I would ideally already have multiple revenue streams in-place, including consulting and online programs. Being able to help those in my market while still working from home to be with my family is my dream. At that point, some smart emails, proven sale funnels, and a couple additional calls to existing clients would help me close the gap. It’s probably why I joined ZTL and other courses in the first place!

Tony
Tony
5 months 14 days ago

I will invest in my gas and oil business to get the extra money

Rogers Sampaio
5 months 14 days ago

A well design theme on themeforest could give that amount, I am not sure if one month would be enough. I also need to resuscitate my site, and actually this is a very real world problem for me, may be with the right affiliate program I could do 10K a month…

Luis
5 months 14 days ago

Find a high profile (or at least high enough to afford 10k) that I can help, and send him a proposal for solving one of his problems. Probably would have to do some work for free first to prove efficiency and earn trust.

Mike Storms
5 months 14 days ago

I’d go into my existing client , and lead list and contact them for special offers. I would also create added value for them , so they would upgrade , and or purchase additional services.

ML
ML
5 months 14 days ago

Borrow from others using the collateral of my income generating abilities…or my hard assets.

Frank
5 months 14 days ago

I would simply help people!

Frank

Jack Turk
5 months 14 days ago

I’d contact 3-5 top name info-marketers to see what high potential-value projects they are NOT currently getting done due to a lack of marketing/copy bandwidth – and offer to create a complete campaign soup-to-nuts for an awesome deal… squeeze page, lead gen emails, sales letter, follow up emails, upsell, etc.

Aaron
Aaron
5 months 14 days ago

I’d sell 101 $97 ebooks, or maybe double that and pay someone else to write the book.

Veronica
Veronica
5 months 14 days ago

Have you done that successfully?

Maria Quimpo
5 months 14 days ago

SEO consulting, Amazon Private Label selling, and options trading. Already start, still far from the goal, but at least taking action!

Lisa
Lisa
5 months 14 days ago

I could definitely use 10k next month! I am currently taking a UX design class intensive, I would work like mad to get skills and market the hell out of myself to get projects and do them!

Rakesh Narang
5 months 14 days ago

I would put up an ad for an internship in content writing and seo and get 10 interns.

I will teach them about blogging and seo and make them work on 10 of new websites which will be owned by me.

I will teach them content writing, outreach, seo, linkbuilding and, here comes the fantasy part:-

Assuming each of the website makes $100 that month, I will flip all them on Flippa for 10x the monthly earnings i.e. 10*10*$100 = $10,000.

That’s how I’ll do it.

Jonathan
5 months 14 days ago

I would try and write a small ebook on a subject I’m knowledgeable in and then sell that for a few dollars to a few thousand people. $2 x 5,000 people = profit??? I think the hardest part would be to get 5,000 people in a month especially if you don’t have any marketing skills but it seems possible to me.

Ing'pile
Ing'pile
5 months 13 days ago

I love this. Even if the book is crap, once 5k people bought it you have won.

Eve
5 months 14 days ago
1.Well, first of all, I can take a loan in the bank or borrow from a friend (but I don’t like to borrow money). 2. More difficult pass, I can try to get some photo assignments (but to get 10000$ I will need more than a week about a month of very hard work -30% taxes) Realistically I can maximum get 5 000$ 3. In an ideal world, I would already have my online business with some subscription model and few courses which will bring me 10 000$. (But as per my research nobody interested in branding + photo school… Read more »
VEronica
VEronica
5 months 14 days ago

Theres a huge guy online who started with a photo site, gosh he’s huge like 6 figures ahmmm can’t think of his name- I wanna say he either now runs Copyblogger or some such site- and he’s an honest guy. Now he dev software and stuff for others to blog with….
help me out folks what’s his name. EVE you need to be more positive-there is a way with your skill set.

Andrea
Andrea
5 months 14 days ago

Veronica – are you thinking of Darren Rowse? He’s quite inspiring.

Eve
5 months 14 days ago

Thanks for your answers and support 🙂
There are few huge people in the industry. Hope to be one of them one day, for sure 🙂
Daren’s school DPS is big, but he known more by Problogger 🙂

Jason
5 months 14 days ago

Easy. Sell apparel online using Teespring, viral style, etc. $10,000 profit is only about 500 shirts and even less hoodies.

Check out my store. Maybe you’ll find a design you like!

https://teespring.com/stores/uncontrol-your-life

cam
cam
5 months 14 days ago

Have you sold any Tshirts yet?

Jason
5 months 14 days ago

Yep. Plenty. The ones in my store are all relaunches so you don’t see the number sold. Plus, I don’t show you some of my real winners because the designs will be stolen.

Carolyn
Carolyn
5 months 12 days ago

Jason, I love your THE BUILDIN-IS-ON-FIYUH! tee!!

Where do you come up with these ideas, LOL?!

I know, if you told me you’d have to kill me…

KJ
KJ
5 months 14 days ago

That’s a superb question – As I am literally in that boat, actually needing more than 10k, I’m not too sure really; if I’m honest. I’m hoping that I can glean an idea or info on how to make that happen for me. After reviewing some of the responses and knowing how you help people, I know that it will become reality by putting those simple ideas into motion 🙂

Kevin
Kevin
5 months 14 days ago

This is actually the easiest thing to do. It’s easier than brushing your teeth on a regular basis.
1. You create a website that promises people they will get rich/be taught how to become rich.
2. You charge anything you want for this even if it is scattered. Even when it’s junk. People will buy, because they have a dream to do better. They want that way money.
3. With you lying to billions of people, millions of them will fall for your scan and pay you $47. You will get rich

KQ
KQ
5 months 14 days ago

Agreed, not everyone is going to become rich with an Internet idea. Seems like selling a lie will get you there quicker.

Howard
Howard
5 months 14 days ago

Sell assets, borrow from friends or family, beg my parents, use credit cards, go to the free loan society, pledge salary against a loan, join über, start selling food or tutoring, my gosh there are so many kosher things to do to generate ten grand in a month.

Linda
Linda
5 months 14 days ago

I would sell- I would find something that I believe in, use or love, that is high margin and sell the hell out of it.

Eliz.
Eliz.
5 months 14 days ago
I read through the comments and wondered – if everyone has such great ideas to make money why aren’t they doing that? I have a realistic break down of how much my time is worth, so all projects I work on must bring in revenue. I also do work on spec and keep track of the hours because I allocate X amount of spec work to potential new client. Any new ideas that could realistically bring in money I explore with research and a feasibility plan of action. In my world there is no such thing as “If you could… Read more »
Fee Burke
Fee Burke
5 months 14 days ago

Thats exactely what I thought Eliz.

Dean
5 months 14 days ago

Similar to you Ramit, I am almost finished my website will be ready by March 1. I have a food friend at a data company. Long hard thoughts about what Im good at. The book and a second site on how to invest, build a portfolio for folks like me who didnt know where to start or how to put together a small business. I wont win the lottery, so work hard but work smart. D

Dillon
Dillon
5 months 14 days ago

I’m glad you brought this up Ramit. I was challenged in one of my early american history classes on just this. Essentially half the class believed the rich keep getting richer and the poor get more poor because of the rich.

In a valiant effort to make my case my teacher asked me to write a paper providing a concept that would work. I did, they lost lol.

I put the paper on my blog to share with my readers at http://dilloncarter.com/how-anyone-can-go-from-nothing-to-the-top-5/

Would love any feedback or ideas on it 🙂

Rob Breedlove
5 months 14 days ago
I would create an amazing web training for dentists on “How to treat your patient’s sleep apnea problem without charging the patient.” At the end of the training I would offer to help them do it for $1,500 in a 6 Webinar series. I would team up with 2-3 local dental labs to have them market it to their dental lists. I would also advertise to my 1,500 dentists on Linkedin I am connected to. My goal would be to have 150 dentists register for the training and half of them come to the web training and 10% buy =… Read more »
Carolyn
Carolyn
5 months 12 days ago
Rob, I’m a dentist, so I had to comment. You’re talking about going through Medicaire, right? Or through other medical insurance. Personally, I’d want the patient somewhat invested in the process, I’m not sure “free” care is the best idea. I recently went through training for diagnosing and treating sleep apnea. I’ve learned since that there’s a host of other factors affecting whether a person has a good night’s sleep or not, and I’d love to work with you on putting together a comprehensive report doctors can provide their patients to improve sleep quality. This would be added value for… Read more »
LM
LM
5 months 14 days ago

I couldn’t think of a realistic way for me to make $10,000 in a month outside of some type of business-y, financial, top corporate work, but if I had to, I’d buckle down, start a blog or YouTube account based on my interests and hope it’d take off from there. *shrugs*

Laurel
Laurel
5 months 14 days ago

I am a Designer/Remodeler currently working out of an office that is great but is small change compared to the abilities and designs I produce. On my off time I am working big time on my branding, website, and etc. All I need is to close one job within the next month and the profit will be $10K+. Great motivation!!! 😉

Quirkney
5 months 14 days ago

I know I can design and complete two WordPress sites in a week. (Selling them is the hard part for me, not my strong suit)

So I’d just have to sell and create eight sites at $1,250 each.

Now I’m here wondering why I have yet to do this…

Aaron
5 months 14 days ago

I would sell a bottle of unicorn tears to startup founders.

Ali
5 months 14 days ago

Surprisingly, the first thing that came to mind was buying up or finding free old shitty furniture, fixing it up, and reselling it on Craigslist for a fair price where it’s good for me but cheaper than your typical “vintage” furniture pieces go for. I’d have to quit my regular job for a month, but I could make it happen I think!

Brian Kessler
Brian Kessler
5 months 14 days ago
Ramit, I am kicking around the idea of purchasing three or four all inclusive vacation package to somewhere like the Bahamas or Cancuun and holding a weekly raffle for each one of the packages. Not sure exactly how much each raffle ticket would run but probably in the realm of $50-100. I would make the offer available first to friends and family and then open it up to the general public by running a Facebook or Adwords campaign. Of course this is assuming that this option is legal considering that proceeds are for personal gain and not a non-profit. Going… Read more »
Yvette
Yvette
5 months 14 days ago

Sell covered calls & naked puts.

Yvette
Yvette
5 months 14 days ago

Selling options on my current portfolio probably wouldn’t pull in 10k in a month, but it’s a start.

Amber Butler
5 months 14 days ago

Launch our next album with a crowdfunding campaign offering the recording along with other bundles like branded merch, unique art and private house concerts. We raised $4500 the last time we tried this in 2014. Our audience has grown since then so $10,000+ is not an unattainable goal!

Veronica
Veronica
5 months 14 days ago
First I’m gonna be honest and say “I don’t clearly know or I’d be doing it.” But I love the challenge, I would scale up some of what I am already doing- BUT IT WOULD TAKE LONGER THAN MONTH. 1. I currently manage website (content wise) so I’d farm that out to indie writers via sites like Upwork etc. giving me MORE TIME. 2. Turn to my other gig, webiste I SEO’d, that is ranking now (after years in competitive market,) hire indie contractors to do the work the website advertises (for corp clients.) And manage both gigs and grow… Read more »
Charli
Charli
5 months 14 days ago

If I had to make it and really only had a month to do so, I could do it by tutoring high level math and SAT tutoring (from which I have retired). At $100/hour, this is 100 hours of tutoring. Taking one day off per week (30 days – 5 days = 25 working days), I would have to work an average of 4 hours per day.

Elie
Elie
5 months 14 days ago

I’d do real estate building sales. If you can’t make 5 million in 10 years selling buildings in Manhattan, you’re doing something wrong. Of course I’d have to figure out how to survive during the lean times, but that wasn’t the question.

Sarah
5 months 14 days ago
Going to give myself a little rope here, assume I need this $10,000 by March 15th. That’s 29 days. Rounding up slightly, I need to bank $344.85 every day for the next 29 days, That’s £238.86 in my currency. Factor in tax at 20%, that bumps up to £298.57, so £300/day. Divide by 8 hours a day (coz I gotta sleep and eat) – £37.50 per hour. Options: * I’m a distributor for a company that gives me a 25% commission. Sell £150 worth of products/hour * I’m a sexual health and wellness coach. Sell coaching hours at £80/hr, so… Read more »
Rowan
5 months 14 days ago

Since I work prepping people for business school, hit up all the companies within 200mi who encourage their employees to get MBAs/Masters of Finance and set up a retainer for GMAT Prep/application prep/interview prep/public speaking courses. It’s a hustle to get a £1000 retainer for 10, but putting the retainer up to £2000 up-front and £500/mo afterward, say, would halve the work. More if I could squeeze it. No money invested except dry cleaning and a bit of gas/train tickets.

Suzi
Suzi
5 months 14 days ago

Become a QuickBooks Pro Advisor, finish earning my tax practice credentials, earn an Excel MS certification and launch my own business!

Renee
Renee
5 months 14 days ago

I need a QuickBooks Pro Advisor, ha imagine that!

Agostinho Junior
Agostinho Junior
5 months 14 days ago

I would build stuff using fiverr.com gigs. Pay 5 bucks do design a logo, 5 to build a website, 5 for a video with a nice voice over, 5 for illustrations and so on… Then put the pieces together and sell an awesome product.

Renee
Renee
5 months 14 days ago

Sell stock options

Agostinho Junior
Agostinho Junior
5 months 14 days ago

Create an online tutoring platform from students to students. First I would go out and meet the students that need help and the students that can help and work as an intermediary. The end game of course would be an uber like system for tutoring, where students could make money on the stuff they’re good at (at least in school).

Meagan
Meagan
5 months 14 days ago
Well, when I was in college, I had the opportunity to study opera in Italy with staff from the Met. I was taking 24 credit hours, and that didn’t include rehearsals, practice, or my weekend church job. With limited availability, I knew adding a second job wouldn’t get me the money in time, so I sent out an email to every person on the planet. In the email I shared my hopes, goals, and dreams, and how this opportunity would further my career goals. In exchange for a donation, I promised to hold a concert once I returned so people… Read more »
David
5 months 14 days ago

Launch a local digital marketing agency instead of just freelancing.

J.
J.
5 months 14 days ago

I love this question. And, really, we should be thinking like this all the time. Trying to make ten grand in a month is not a pie-in-the-sky proposition.

As for me: I’m currently working to productize my consulting work (which earns me about $1,500 per month) into a $1,000 deliverable product. My goal is to sell 5 per month by June, then 10 per month by December. Though if I went into full overdrive right now, I could probably try to sell 10 by next month to earn $10,000 right away.

Noah
5 months 14 days ago

Interesting how few people seem to be paying attention to “need it next month.”

I’d start consulting more on the side. It’s exhausting, but there are some ways to make new opportunities happen by the hour. I’d see a lot less of my family for awhile, but $10k isn’t crazy at $150/hr. I’d basically be working an extra 15 hours/week for that month. It’d suck, but it’d be doable.

(Consulting doing what? I’m a coder. Web site work or DevOps, likely.)

Meaghan
Meaghan
5 months 14 days ago
Assuming my plan is to visit Australia and not to quit my job: 1. Use IWTYTBR’s Dream Job material to negotiate a raise, targeting $10k+. 2. Re-prioritize my activities outside of work to allow more dedicated time for a side job 3. Use IWTYTBR’s Earn1K material to fill in the gaps with freelancing – ex. cat sitting for folks in my area ($15-$20/day per cat), tutoring ($50+/hour), project management services ($60+/hour) Thanks for the reminder that we can take control of what & how we earn, Ramit! This exercise made me think more deeply about how I could position myself… Read more »
Kelly Osborne
5 months 14 days ago

I’m a seamstress, I’d make as many things from my current sewing stash and sell them. I might also try and throw a costumed ball or event to necessitate the need for new costumes I could sell.

Dave
5 months 14 days ago

I would quit being a bitch and finally pursue my dreams. I would login to Zero to Launch again for the first time in almost 2 years to brush up on all of the skills and knowledge I hid behind my convenient but pitiful corporate paycheck. I would believe in myself like I once did back in High School. I have so many opportunities in front of me, I just need to take them.

Tracy
5 months 14 days ago
I would work on getting speaking engagements, host a few of my own and presell my book which is not finished. If there was enough time, I would put together and sell some online videos that I could later package into a larger more expensive program. I would also focus on getting high end clients for my new programs. My field is adult sex education and hypnosis with a specialization in both sexual dysfunction and enhancement. I also created an Art of Female Orgasm workshop so I believe that while my topic is risque it is also fun, exciting and… Read more »
Jason
5 months 14 days ago
I actually was in a spot about 7 years ago when we closed my wife’s business, our income was down by 40% and we needed $10,000 in 1-2 months to pay off some big bills… We looked around the house and found items we no longer needed and no longer brought us joy. We sold them on EBay and had a few garage sales (old computer parts, collectible sports items, old clothes, sporting goods, etc). We had no idea how much we would get, just that it would clean up our lives and get us extra money. In 2 months… Read more »
Tara
Tara
5 months 14 days ago

To come up with that much money that fast…….I’d solicit Sony Go Pro…..offer a video diary of the trip & everything the destination has to offer, my true thoughts & experiences in my adventure if they would fund the trip

Targoon
Targoon
5 months 14 days ago

I would make it by value investibg in stock market

Kathleen
Kathleen
5 months 14 days ago
I would create a detailed curriculum for a training program in data science, probability, and critical thinking skills – geared toward middle-school kids. I would run the program as an intensive weekend training over 4 weekends. There would be field trips and fun stuff too – and the kids would each complete a project with data involving their personal interests. To recruit students, I would call everyone I know in town who has kids or who knows people that have kids. I would meet the parents personally to describe the program, and describe what the students will take away. I… Read more »
Patricia Delfin
Patricia Delfin
5 months 14 days ago

I would create a conscious product line – either online or brick and mortar. But give guilt-free product options where I can generate money for me and others.

Poole
5 months 14 days ago

I’d open a game room!!! Would need at least 25k to start though…😧😧😧

Josh
Josh
5 months 14 days ago

I’d probably copy https://www.farnamstreetblog.com/ (Farnam Street Blog), which is not only one of the best businesses I can think of but it’s also one worthy of emulation. Highly recommended.

Guy must pull in $1m + a year and it’s all soft sell, substance over entertainment, and high value add.

Shane
5 months 14 days ago
Josh, A friend of mine pointed me to your comment. I’m the person behind the scenes for the site you mention. I appreciate you saying nice things about how we go about creating and capturing value. I just wanted to comment on something — The notion that you can build an incredible and loyal audience in only a few weeks or months is not real for most people. I spent years building Farnam Street before ever asking people for anything. And that wasn’t all upward trajectory. My transition echoes Ramit’s in many ways — struggling to charge people money, delivering… Read more »
Darwin leonardo
5 months 14 days ago
1 – create a Facebook group with a niche theme. (Restaurant owners) 2- advertise the group to a specific target group. (Restaurant owners) 3- get at least 5,000 members to that group via advertising. 4-find out what their single biggest issue is in their business. 5- create a product to solve that issue. (Ebook) (website) (app) (Facebook ads guide) 6- get at least 500 of those members to pay $20.00 for the product. 7- ride my horse into the sunset with my $10,000 and an email list which I can up sell other more expensive products. 8-why haven’t I done… Read more »
C F
C F
5 months 14 days ago

I’ve sort of done this while consulting. One gig hardly gave me 30hr/wk, so I found more clients and charged them similar rates. If I needed an extra 10k right away (next month), I could find another client and charge higher rates (e.g. 20hr/wk @ $125/hr)

Garrett Daun
5 months 14 days ago

I’d spend an extra hour or so each day to reach out to a few my best clients to step up their efforts into an Elite Training package.

Eric
Eric
5 months 14 days ago

I would flip houses or cars. These kinds of assets can be bought cheaply at auction, and I know tons of people who could fix whatever’s wrong. I would partner with people who know how to get things done, in exchange for a cut.

Debbi Sanzo-Davs
Debbi Sanzo-Davs
5 months 14 days ago
The way to 10k in a month is promoting something you feel passionately about and brings value to those who are giving you the 10k. Nothing sleezy and calculated. You need to believe in what you are selling. My answer lies in memberships to my organization -The New Self-Health Movement. I created it to give health coaches a platform and confidence to seek out and help the growing numbers of people interested in improving their health/wellbeing. Assisting the Health Coach in growing their business, giving them a community and confidence to provide a much needed service to the public. In… Read more »
Curtis
Curtis
5 months 14 days ago

Find someone who is actually doing it and copy them, no bs. Assuming it’s something I could duplicate.

cam
cam
5 months 14 days ago

…and you identify their flaws and use it as your usp and then advertise in the same places they do.

Ralph
Ralph
5 months 14 days ago

Did it last fall. Needed 10k for windows for my paid for house. First step, got a 60k home equity line of credit with 0 interest rate for 5 months.

Second, call my credit card issuer, get a new card with a 10k limit and 0 interest rate for 15 months.

Pay for windows with credit card.

Get roommate in empty bedroom paying enough to make the credit card payment.

Done, and with 60k available if I should need it.

Hannah
5 months 14 days ago
A lot of people seem to be attempting to create shortcuts to passive income, I think that’s really dumb. $10K in passive income per month is a $5M dollar business easily. You can’t get from 0-$5M in a single month. However, $10K in active income is much more doable, but it has to be extra income, so I can’t just say, I will work my job. For me, I would take all my vacation time for the next month (thereby giving me time to devote to this), and I would purchase in cash one of the several hot real estate… Read more »
Priya B
Priya B
5 months 14 days ago

– Ask for a raise at my current job
– Generate new business for my company as to increase commission
– Take up a side job after work hours like as an Uber driver

Derrick
5 months 14 days ago

I’d sell the stuff in my house I no longer use. Take a loan out for the remainder. Be real people, you aren’t staring a business and clearing (net) 10k in 30 days.

Reyna
Reyna
5 months 14 days ago

Launch a commercial / medical product that I have invented and under the process of patenting.

Jonathan M
Jonathan M
5 months 14 days ago
If I had to make $10,000 next month: The only way I know how to do it is through real estate. I own a couple of rental properties currently and could contact a handful of full time flippers, wholesalers, landlords, developers, real estate agents, loan officers, hard money lenders, and private lenders if I need to. I’d contact all of them and attend every real estate meetup in my area. I’d find out how to do targeted marketing so I could locate distressed property in my area. I’d partner up with another investor, find a private lender or hard money… Read more »
pete
pete
5 months 14 days ago

Sell Adequan, Legend and Gastroguard to all the extremely wealthy millionaire equine people in Wellington Florida at the Winter circuit who are all seeking a deal on pharmaceuticals.

Benjamin
Benjamin
5 months 14 days ago

Couple of ways to be honest,… I wouldn’t use all of them to fund a dream trip to Australia –
1) Sell a few belongings to monetize them for ready cash
2) Take a loan / credit card
3) Moonlight along with my regular job for 30 days to finish 1 project – I can do some pretty bad ass stuff in the marine industry and I know people in the market who will think $10000 is a deal to pay for the work I do at my regular job.

Mike
5 months 14 days ago
I’d make the $10k while making my customers’ lives more kick-ass and making the world a better place to be at the same time: I’d set up an extra Permaculture Design Certificate course. I could fill a 10 student course any time at $1,200/ student. Easy peasy. By the way, I hate you Ramit, because you’re soooo freakin’ right all the time. Seriously, would you stop being a stereotype of everybody’s super-smart Asian friend? 🙂 Your material on finding product ideas has totally changed the way I work as a businessman and activist. This weekend I VOLUNTEERED MY TIME AND… Read more »
Rigel
Rigel
5 months 14 days ago
I’m an electrical contractor with a really nice website. Some of the interior designers and even GC’s I work for have shitty, outdated sites because they don’t care/don’t realize/don’t know who to go to for results. I could charge them about $3500 (I assume) to totally modernize their site, adding better pictures and new layout (probably just a squarespace site). I don’t actually do the work, my friends do, but I have the trust of the people I’ve done work for because my work quality is high and I’m honest in my pricing, so I can get away with charging… Read more »
Taylor
Taylor
5 months 14 days ago

A) Create an in-person / digital based personalized health protocol program (dietary choices, strength training, detox protocols, etc) charge $400 per month, with a 3 month minimum contract. Get 10 people to sign up, BOOM – $12,000.

B) Create an online program offering Detox and Cleansing Protocols marketing as “Spring Cleaning”, make sure to create a “community” where people doing the program can write in to and communicate with each other. Charge $197, get 50 customers. Post in FB groups, write a few articles on MindBodyGreen, host local workshops in my area.

Mil
Mil
5 months 14 days ago

At this point, long-term profitability and moving towards my dreams would suffer if my life depended on an extra $10,000 next month. I am booked for 3-4 months at a rate of close to $100.00 an hour. So I would quit quoting new projects, quit building new processesam, quit everything that didn’t actually result in billable hours, quit my social life, and throw another 30+ hrs a week into work for the next month. It would be brutal and un-sustainable, but if my life depended on it?

Tay
Tay
5 months 14 days ago
Most of these answers really annoy me, as I’m sure they do Ramit. Here’s what I AM ACTUALLY DOING to make $10,000 by next month. 1. I made a list of all the things I am good and enjoy at and used Ramit’s free demand matrix to test for profitable ideas. I ended up with “rehabilitating aggressive dogs.” 2. I asked all my friends if they ever had or knew a dog with aggressive behavior issues. I asked them more about their experience, getting to understand the frustrations, the invisible scripts and struggles. I asked what their ideal dog ownership… Read more »
Jeffrey
Jeffrey
16 hours 31 minutes ago

I am curious and have been thinking about this for months. How did this work out for you?

Fatjon
Fatjon
5 months 14 days ago

I would use them to start trading and with the money I would win I would help the poor people and everybody who need money too like me

Paul J. Brosnan
Paul J. Brosnan
5 months 14 days ago

I would sell a few of my shares. I already have generally enough money to live comfortably but if I crashed my car or my house got flooded I would sell a share or two to get back afloat.

Tim
5 months 14 days ago

Solve a marketing, efficiency, or sales problem for one company or business. Show them the problem, convey the cost of not fixing it. Show them how you will fix it for no cost, while simultaneously identifying more significant problems that you have the solution. Agree on a contract that returns no less than 10k/monthly, payable in advance (tactfully reminding them that you have already added value to their business).

ESI
5 months 14 days ago

1. Sell something (like a car)
2. Borrow it
3. Write and publish an ebook
4. Ask you. 😉

G
G
5 months 14 days ago
In a month? Starting from scratch… No way. If you want to work your way up to $10,000 you can do it in a couple of months. I would sell online. Buy merchandise for way less and do research on what is selling and what isn’t and price accordingly. (You have to do the numbers first). Then you upload and sell. It’s a good way of making enough money, all you need to do is work hard. Now, once you have it down, you can get those $10,000 a month. But it is work, obviously. The amount of work you… Read more »
Michael
Michael
5 months 14 days ago

A finance professor once said this in class: “The secret to succeeding in finance is being in between a lot of money.”

With that in mind, I’d find a large business deal between disparate members of my network to broker, and take a Finder’s fee cut.

Nilson
Nilson
5 months 14 days ago

If its really that urgent, for the next month, I would sell leadership and business consultancy or act as a leadership coach. I would reach the market and my network for clients.

Ryan
Ryan
5 months 14 days ago
I’m turning 30 and I did model out how much money I would need to make over the next decade in order to be financially secure by 40. I based it on what I learned from IWT, also Tony Robbin’s “Money Master the Game” and “The Millionaire Next Door.” My takeaways were: 1) It’s difficult to generate large amounts of money (like $5M) via an earned income, i.e. a job, unless you have both a high income job and can sustain a super high savings rate (like 50% of post-tax income). Ironically, if you have a high income job you’re… Read more »
Dustin
5 months 14 days ago
I would invest every waking hour into a solid network marketing business, reaching out to 100 plus people per day to join the business or become a customer. I would give them a simple, repeatable model to expand their network and build their own teams, thus multiplying the network of recruits/ customers. This level of effort would likely produce around $3000-$5000 in a month in total revenue with a company that has a strong comp plan. Not $10k, you say. True. But it would create a residual income that would turn into $10k over the following months, plus some. This… Read more »
Pamela
5 months 14 days ago

Real estate-that’s all I have anyway-I would flip my home and buy another one -only if I really needed the money-
Maybe start a business online-something-hummmmmmmmmm

Arctic
Arctic
5 months 14 days ago
Easy, First I would evaluate what resources I have on hand, Second I would look at my skills and what I could bring to the table, Third I would see what combinations of above would pay the best and what the time lines to get them earning are as well as start up costs if any, Fourth profit. For example I’ll tell you what I’m doing now getting to that mystic 10k bracket, First I have my normal day job I enjoy which brings in about 4500 of that to start with, Second I build computers and sell them from… Read more »
Mark Hallam
Mark Hallam
5 months 14 days ago

Hey Arctic,

I live in a small town and would love to learn to put computers together for people. What is the best way to go about doing that? Do you include service with that or stick strictly to sales?

How much are you looking to spend on a website?

Roman Navarro
Roman Navarro
5 months 14 days ago

I would create an online business that teaches people who think they can’t play guitar and show them that they can create music. They don’t even need to know a thing about music theory to play well.

John Buehler
John Buehler
5 months 14 days ago
IMHO I think that the task of earning an extra 10K this month is a far more difficult task that that of earning an extra 5 million in the next 10 years. This issue is one of ramp up time and sustainability. Given the brief timeframe, you would need to focus on the use of your existing assets, the skills you have and the items that you control. If you happen to have a website with a few million daily visitors, then the task shouldn’t be too terribly difficult. Lacking that however, most people would have to be a bit… Read more »
Mark
Mark
5 months 14 days ago

I live in Australia so don’t need it…

Kate
5 months 14 days ago
Hey Ramit! Great post. If I were to make $10,000 in the next month I would create online courses and content that encouraged women to love themselves and boost their self esteem – de-bunking the media, social media and psychological reasons behind why we get blind-sided to hate ourselves and make bad decisions. If I could help just 10 women to not sleep with that horrible guy, stop using the world ‘i fucked up’ and help them learn to look to look at themselves in the mirror with pride not shame I’d feel like my skills would be used for… Read more »
Richard
Richard
5 months 14 days ago
Wow Kate your idea is brilliant! You are answering a need that a lot of women have. Therefore you will have a lot of potential customers who would pay you for the value you bring to them. However, god forbid, if you end up with no customers, you would still have benefitted yourself because your research and the creation of the products would internalize in you the reasons why you should not hate yourself. You would benefit even if others don’t have the wisdom to see past the dollars and cents. I think that you should create both videos and… Read more »
Tim
5 months 9 days ago

My wife had the same idea. She started a website, wrote an ebook and tried other conventional forms of advertising (Facebook, flyers, word of mouth etc). Nothing worked. She ended up with two clients after a year of work. It seems like most young women don’t really think they need help.

Michael
5 months 14 days ago
I would ask for help wherever I could, but this would not get me $100 let alone $10,000. I would try to focus on my strengths in music instruction, and push for more students. Perhaps work on improving curriculum to help streamline and students see more visible results. Maybe try to compete with the hundreds or thousands of people on youtube and make video lessons. I would try to find events to volunteer my services at (of course that would mean no payout) to build a bigger presence in my community. I could perform at various locations in the area… Read more »
Andrew
Andrew
5 months 14 days ago
Dear Michael, It’s brilliant that you are a music instructor! I know many music instructors that only have 1 student per lesson though. If you are one of them, how about considering what an additional student (or 2 additional students) can do to add value to the lesson? Then you would also be training them to speak in musical terms when giving comments about another person’s performance. If you do make video lessons, you can tell your existing students about it! The videos would feel special to them because they know you in person! And if you don’t get many… Read more »
Alex M
5 months 13 days ago
Hi Michael, I love that you’re a music instructor and that volunteering comes to mind when you talk about expanding your presence. As a performer, you maybe able to partner with non-profits or community organizations to participate in fundraising type events where you are paid from some of the proceeds. This has been successful for support local artist in my community. The other side of the performance aspect can be to host recitals and performances multiple times a year with admission. Upgrade the event by providing tables, a catered meal, and awards and you can increase the ticket price –… Read more »
Erna
5 months 14 days ago
I am currently working for a private label home fragrance (candle, diffuser, fine perfume) manufacturer who does turnkey design, R&D, production, QC and distribution. When you scored an order from a large brand (can’t say the names) for all of their hundreds to thousands stores, each PO for the year could be $500k-2M. If you land 5-6 brands, you get yourself $5M in 1-2 years at most (from the time you meet them, to them paying you). Once you have the POs, you can get funding from banks, and with tight cash flow planning, you don’t have to tight up… Read more »
Bob
Bob
5 months 14 days ago
Thank you Erna for your wonderful sharing! I think people like you should share more often! People need to know that earning more money is not an evil or wrong thing and that earning more money is very easy and logical once you develop the skills or in the case of the fragrance business, once you develop the system to do it! In fact, in your company’s case, imagine if someone suddenly comes along and proposes a challenge. For the next year, earn just enough to cover cost and $50k extra. No more. Now that would be hard! Firstly, your… Read more »
R
R
5 months 14 days ago

Flip a house. It is not something I have ever done before, but I have been learning about it, and it is the only way I know to legitimately earn $10K or more after expenses.

Mark Brown
Mark Brown
5 months 14 days ago
These posts are always interesting to me because so many people comment and say “easy, I’d just do … ” But no one ever actually does what they say. Why wouldn’t you? Wouldn’t you like an extra $10k next month? The answer is people don’t execute because it’s NOT easy. If it was everyone would do it, the economy would be fixed, world hunger would end, and the unicorns would make a glorious return across a bridge made out of rainbows. Short answer: this is a misnomer ‘get rich quick’ question, it’s not that it CAN’T be done. It’s that… Read more »
Richard
Richard
5 months 14 days ago
Dear Mark, If you call yourself a skeptic, you need to be more skeptical. You need to be skeptical enough to consider the possibility that your perspective may not be the only one that exist. And your perspective certainly is not a helpful one. If you call yourself a realist, you need to be more realistic. You need to accept more of reality into your mind. The part of reality that is helpful, the part of reality that works. And certainly, the part of reality that is positive. I certainly hope you don’t speak to your kids the way you… Read more »
Sim Campbell
5 months 14 days ago

I would provide a solution to a problem people are desperately willing to pay for. It doesn’t matter what it is – as long as there’s a need for it. If the need is big enough, you will find people willing to fork out all they can for it. Ramit has shown this time and time again.

Find a market -> Test the idea -> See if it resonates -> Pitch it -> Get testimonials/social proof -> Profit.

Adam
5 months 14 days ago
Spend 1 week writing and editing an amazing guest post that provides direct value to a relatively wide niche. Get the copy exactly right based on a deep understanding of the audience and their needs/burning pains and a willingness to pay. Spend 3 weeks hustling to get a guest post (with an allowable CTA and link to my site) with someone who speaks to my niche and has a large following. Shooting for the stars, let’s say Tim Ferriss since he has done guest posts in the past and has a huge following. Probably 2/3 of this 3-week block is… Read more »
Adam
Adam
5 months 14 days ago

I didn’t even do my own math right…above would lead to $20K 🙂 Either way, you get the idea…

Anson
Anson
5 months 14 days ago

Dear Adam,

i see that you have got a good frame work laid there. That’s brilliant!

And please, if you are really that crazy about not wanting to earn more than $10k, you can always donate the rest to charity!

And please don’t define your maths capabilities and potential based on what you write there. That’s just stupid. Seriously.

Tyler
Tyler
5 months 14 days ago

Buying and reselling, such as ecommerce or used cars

Happy Camper
Happy Camper
5 months 14 days ago
I would throw a party. An event like a workshop can net $1000-2000 depending on content, but a 1000-person party can easily net $10,000, even on a super-accessible $20 ticket. A conference which combines professional and social events can net even more. I am actually doing this 5-6 times next month, in different cities across the country. It’s super easy. The fun part isn’t even the money — that’s pretty guaranteed — it’s watching the sales patterns as we adjust prices and promotions. I’m a little bored, actually. Does anyone else want to do this? I’m happy to teach or… Read more »
Stephanie
Stephanie
5 months 10 days ago

I’m actually planning something similar to this right now! I would love to speak with you about it!

Alvin
Alvin
5 months 14 days ago

Creating an online course and books for kids and their parents to learn programming together.
Each chapter will be self contained and be sold in a series.

Stephen
Stephen
5 months 14 days ago
Many of the business ideas are not guaranteed to raise the exact amount of $10,000 in the required timeframe. However, if forced in a crush a personal loan would be a safe and legal way to get the required cash in time. In the mail for example, I receive many offers for personal loans from companies due to having good credit. If others had similar good credit, this could be one option. Basically, use the leverage of other people’s money. If the amount is increased though, it’s easy to see where this strategy has its limits. Otherwise, one option, with… Read more »
Stephen
Stephen
5 months 14 days ago

You could also see what items you have personally that could be sold as well and add that to a combination of the above posts. You might also see about some freelance work to supplement the other strategies. I.e 5k loan, sell 2k personal goods, 2k extra side freelance income, resell 1k in items.

Walter
5 months 14 days ago

Jaja! this is a good one!
– trading with options if you know what your are doing
– garage sales for you and neightbors for a fee
– pull a digital marketing seminar for SME´s
– rent my brother jaja.

Jim
Jim
5 months 14 days ago

I will simply ask: “Ramit! I don’t know how to earn an extra $10,000 by next month…Will you please help by showing me how I can do this?”

Tyler
5 months 14 days ago

We own and run a res/com cleaning outfit, so it would come down to sales and workforce. A 10k gain would nearly double our current revenue, but that type of growth is certainly not impossible at our size. We’re shooting for yearly at those numbers, but it could be done.

Scott
Scott
5 months 14 days ago
$10k in a month is surprisingly easy. The way I see it, you’ve got a couple of options. Try to sell lots of low priced things to lots of people. Or sell a few high priced things to just a few people. I would create the concept for a high priced (yet solving a very specific problem) course or service, for an extremely specific group of people – priced at anywhere from $2.5k-$20k. Then I would add an element of real scarcity to it (ie. only working with 2 people), and the go out and locate my specific group of… Read more »
Gary Sanchez
5 months 14 days ago

I would try two approaches:
1) Offer a marketing class for $500 a person I’d need to sell 20 seats;
2) Create a conference on a controversial topic (such as Privacy or What’s in Your Food?) and sell tickets for $50 each – I’d need to sell 200 tickets. There are 3 million people in San Diego County. I’d need to attract 0.0067% of the population.

Richard
Richard
5 months 14 days ago
Dear Ramit, thank you for giving me this opportunity to brainstorm and really think about it with some expectation that it could happen. To earn an $10k next month I could: 1. Go to the old folks home and teach them how to use computers. I could charge a fee for it. To get $10k, I would need to teach 10 students at $1000 each or 50 students at $200 each or 200 students at $50 each or 1000 students at $10 each The problem is that if I want to compete with other computer schools by price then I… Read more »
Gary Sanchez
5 months 14 days ago

and I plan to try this when I move to a new city in 2 weeks – I’ll walk into 50-100 small businesses and offer to solve any marketing problem they have for $500 (and also have a menu of 3-5 tasks I would do for them for $500 – easy stuff like set up a Facebook page, set up a Facebook ad campaign, set up an email marketing system on Mailchimp and create a process for them, – then sell them a retainer package to write and send emails once a week for $1500 a month)

Ryan
5 months 14 days ago

I would do it chasing my dream, and helping people at the same time. I have a passion for helping people with their careers. I would hold webinars, online courses, and classroom seminars and training teaching people how to be better leaders, be more successful business people, and make them more promotable. I love this stuff!

Ryan
5 months 14 days ago

I would do it chasing my dream, and helping people at the same time. I have a passion for helping people with their careers. I would hold webinars, online courses, and classroom seminars and training teaching people how to be better leaders, be more successful business people, and make them more promotable. I love this stuff!

I would make it all with http://www.ryantownsley.com

peter
5 months 14 days ago

It’s 1% close to possibility which is through archiving dreams. I have no much ideas of how i would raise that much back at my country. I would host Ed sheeran or any other celebrity with my small upcoming event organising company or hold an interview then share the experience on my YouTube channel for views which will earn me extra on add

Jukka
Jukka
5 months 14 days ago

Check what is currently one of the most sought after roles companies are looking for (sw developers, etc.). Figure out a company that is struggling it its recruitment, but obviously is an interesting place to work for. Headhunt a perfect match candidate from another company and convince that you’ve found his/her dream job. Introduce the candidate, arrange an interview and charge your 10k headhunting fee.

Mrinal Seth
5 months 14 days ago
I would make some kind of digital product, price it at about $100 and try to make 100 sales in that one month. The product would be based on my strengths/skills that I already have. So maybe a WordPress theme (although $100 might be too expensive for a basic theme – it would probably have to be a more advanced theme – and it would take a while to build and test), or a set of icons, fonts (although fonts take a while to make as well), logo templates, and other graphic elements, grouped together in a bundle. Or I… Read more »
J C. Raymond
5 months 14 days ago
Dear Ramit, I am fortunate in that, if I needed $10,000, I would withdraw it from the bank, or write a check. To get five million in the next two years, I would do as Ramit Sethi does—help people earn money, and solve their problems, which is what I plan to do with my book. For example, my book has a chapter on health, and fitness—from watching your videos, I see something that can make your body, and others, work more efficiently; however, I cannot teach you, until I teach myself well enough to make a video to teach others.… Read more »
Lg
Lg
5 months 13 days ago
I recently started a new job, so I could just save from my salary until I hit the target. I have a lot of ideas for making money on the side (writing articles for newspapers and helping clients market and edit their websites, I can make a few extra thousands if I do enough of it, I already have plenty of potential clients. I also have a book I’m trying to write) but I come home from work so drained and tired that all I can do is lie on the couch and try to recover enough energy to make… Read more »
Chris
Chris
5 months 13 days ago

Sell my mother-in-law 🙂

Domonique
5 months 13 days ago

If I needed to make an extra $10k in the next month, I would continue freelancing on Upwork. Of course I’d have to hustle harder than I already am and raise my rates, but it could be done. I’ve already invested in some courses to help me strengthen my skills in Web Dev and Copywriting, so I can provide more value and charge more. Now, I just need a few more long-term clients and I’m set!

Andrea
Andrea
5 months 13 days ago

Get my health in check first. Health is a precursor to wealth. I’ll then start a small business to help my family too. $10,000 is a lot in my country.

Richard
Richard
5 months 13 days ago
Dear Andrea, I do agree with you that health is extremely important. If your health is troubling you right now, yes, please find ways to improve the situation. However, I understand that sometimes, dealing with our own problems can be rather painful. That’s why we sometimes procrastinate in solving our own problems and end up trying to solve other people’s problems! If you are someone like that, you are in good company! But of course, if you ever catch yourself doing that, just make sure that you are kind to the other person you’re speaking to! So, here is a… Read more »
Alexa
5 months 13 days ago
I’d do exactly what I already plan on doing, to be honest. I write a weekly newsletter called #entrylevelboss that helps people get hired better, faster, stronger in the year 2016 (and beyond, naturally). I take all my swell copywriting, marketing, and freelancer knowledge–and apply it to cover letters, resumes, introductions, networking, and every aspect of getting your foot in the door. Consider it career advice that doesn’t suck. I’m building up a product base around this knowledge, which I’ll be building into a $500K/year business over the next few years. At least. While $500K a year already gets me… Read more »
Franklin O.
Franklin O.
5 months 13 days ago
I inadvertently deleted this three times so I’m just typing a synopsis. It’s fairly easy to make $10,000 in a month. 1) public domain to find free media and literature and repackage as a sellable product. Preferably three pricing levels with absurd value per level. Sell a $100 package 100 times. Offer lower tier ($50, $20) when prospect can’t foot the $100. 2) Create a training course. There are plenty of niche materials online available with private label rights, editing rights, etc. Sell for $100. Sell 100. 3) mlm. Not the most recommended, but there are mlms that offer ridiculous… Read more »
Jordan
Jordan
5 months 13 days ago

Exactly the same thing I want to do whether I make $5M or just enough to live on: buy, renovate, and sell/rent out homes.

Adriana
5 months 13 days ago
I’d go for personal chef position for some rich vegan/vegetarian/gluten-free person that doesn’t want to cook and bake for themselves. Other than that I’d sell my photographs. I could reach fancy restaurants and people who decorate their homes and propose to them to use my macro photographs of flowers and food, printed on canvas or metal. It seems like a lot of work for one month but if I were extra motivated I could also write for money on Upwork, taking more for every new order. And I’d optimized the Shutterstock sets and blog about creative life to sell like… Read more »
Gideon
Gideon
5 months 13 days ago
Dear Adriana, I always admire people who are master of the kitchen and can fill their tummies up with good food whenever they want to! And your post reminds me of one of the interviews that Ramit has done with someone who offers VIP tour service for people. A tour where they do not have to queue, where they get the best seats etc. Yes, such a tour does cost a lot. However there was one crucial point mentioned by the CEO in that post. It’s that nobody wants to feel like they are being bribed. Therefore they need to… Read more »
Clarence Harre
5 months 13 days ago
I did that kind of. It took me a bit under a year, but I managed to go from no job and no money to having enough to finance my Youth Exchange. The goal was $10 000 but I managed to get $14 500. I worked three jobs on the side of high school and did a major fundraising campaign in joint with my local Rotary Club. They helped finance advertising in the papers, and my friends who work on the radio spread the word that way. The biggest gain would be doing lots of BBQ’s, especially on Saturdays because… Read more »
Alex M
5 months 13 days ago
Hmm… extra $10k in a month? I would spend the first week visiting / calling on friends that are small business owner in the area with revenue of $500k-$2MM per year. I would offer to help them increase their revenue by 10-20% or more. Find 3-5 that would take me up on the offer. Sit down and do a 90-minute discovery session with them to diagnosis their business (maybe more time). Second week, do research and analysis on business, the industry, verticals and evaluate JV opportunities using Up/Down/Sideways framework. Send a proposal to the prospective client for growing their business… Read more »
Nicholas
Nicholas
5 months 13 days ago
Dear Alex, Thank you for your wonderful sharing! Indeed, you remind us of the importance of having friends that are entrepreneurs. And that could mean reaching out to different people outside of office hours if we’re working in office and spending most of our time with co-workers. I trust that you know the small challenge inherent in your action plan though. It is that business owners may not be so happy to dig out their own mistakes. So definitely, it does help if they already think of you as a nice friendly guy, a non-judgmental guy and a helpful guy!… Read more »
Alex M
5 months 12 days ago
Thanks for your reply Nicholas. I definitely agree that when you work with business owners, you have to be sensitive with their egos and work with them to see things objectively. That’s an excellent point and is often one of the most difficult challenges in doing consulting work. I also want to point out that while I have developed a network of entrepreneurial friends over the years, I’ve been able to approach business owners of restaurants, stores and even gyms that I frequent. I would challenge people interested in helping businesses with this framework, that they start with the places… Read more »
Michael Gatti
Michael Gatti
5 months 13 days ago

I would work 2 hours of OT per day for a week that would give me an extra three thousand. I would then take that three thousand and bet it all on myself in a Mario Cart 64 competition which I undoubtedly would win. #YoshiJustShellSmackedYou

Matt
5 months 13 days ago

Earning an extra 10k in a few months from scratch requires hard work. It’s time start thinking about a second job or moonlighting. Setting up a passive income stream won’t solve your problem because it takes more than a few months to build a site and get traction.

Steve
Steve
5 months 13 days ago

I’ll Pay 10,000 to anyone that produces 400 qualified leads for my commercial insurance business. I’ll pay that every month you do it, and will continue to pay using the same multiplier for any amount of leads you produce.

Brenda
Brenda
5 months 12 days ago

What constitutes a qualified lead Steve?

Daniel
5 months 13 days ago
I would probably play the game bigger or better. Maybe you’ve heard of it. I start out with something small like a paper clip and go door to door asking to trade for something slightly bigger or better than my item. I will get a lot of no’s and a few yes’s. I will keep going very day until the item is to big to carry door to door. From there I will post it on craigslist for trade, and continue trading until the item is worth roughly $10k and post it for sale. Time period: 1-6 months. Daily quota:… Read more »
Dan
Dan
5 months 13 days ago

I don’t think I could get 10K next month, but I think I could get 10K a month in 12-18 months.

I would do costing for small private physician clinics – perhaps 5-10 docs at most. I would charge them for me to spend a day or two at most looking at their billing and financial accounts and help them figure out what’s most profitable, what’s losing them money, and what they can do to maintain their independence and simplify their practice, if need be. 2 clinics a week, 8 hours per clinic, at $160 an hour, grosses 10K.

Damon LuVisi
5 months 13 days ago

The only way I could do it is if I had a huge spike in the amount of freelance work for my sound business and quit my regular job.

I would then have to hire help as my sound business is purely service based, thus its major limitation to upscaling. Sometimes I wonder if it is even possible to make that much with a service based business when you don’t have over 10 years experience in the field.

June
5 months 13 days ago

I’ve heard that crowd funding has been good for various people.

Brian
5 months 13 days ago

I would relentlessly market my key product (AloeVender) through every possible venue.

Gemma
Gemma
5 months 13 days ago
46 massage treatments per week would get me over the line. But that would burn me out and I have only one client for that business so far. I could conceivably start a resume/cover letter writing business but I’d face the same start-up climb and my experience building a business consists of one abandoned project with one dedicated client. In summary I’m not at a point where I could make $10,000 in a month. I don’t have the business building experience nor a honed service or product to offer nor a client list. I’m focused at the moment at getting… Read more »
Sarah
Sarah
5 months 13 days ago
Some background: I’m a single mother of a 13-month old, currently on unpaid leave with a month before returning to work. I’m full on every day from 6am – 8pm every day, with an hour at lunchtime. First I considered whether I could do this without freelancing. I was recently approached by a headhunter who wants to put me forward as the only candidate for a role earning at least $36,000 more than I currently do. However I have a 3 month notice period. While I could be cheeky and ask for a lump sum up front, the amount I… Read more »
Daniel
Daniel
5 months 12 days ago

That is one of the reasons i am here

Tara
Tara
5 months 12 days ago

To make $10,000 in a month I’d start selling what ever I could legally. I’d also ask family if needed.

I could get into drug making, since it’s so huge where I live, but I know how that ends and I’m not jail bird material.

My preferred method of making money would be to do it remotely, but I haven’t come up with a good idea for that yet.

Rocky
Rocky
5 months 12 days ago

Pay off all my study loans, and take care my hospital bill New Year.

Gonzalo
Gonzalo
5 months 12 days ago

I would do something to earn 690 USD a month that could be replicated and I would add one client a month for 10 years.

Consistency will give you 5,009,400 in 10 years.

If you cannot create a recurring product for 690 USD a month you can do it with a 69USD a month and you need to get 10 new clients every month for 10 years

If 69 USD is too much you can do something for 23 USD and you can get 30 clients every month for 10 years.

Whatever you choose will work as long as you always keep growing.

Sunny
Sunny
5 months 12 days ago

Sell some silverware, paintings, etc., to raise at least $2500, then day trade.

Tammy
Tammy
5 months 11 days ago

I would create an online business that helped other women with their daily struggles or helped others change their cognitive, faulty beliefs. This business would grow and get me speaking engagements around the world.

Dan
Dan
5 months 11 days ago

I would go onto my travel savings account…. What kind of question is this?

Jessica Nazarali
5 months 11 days ago

I would implement my sales funnel strategy that I teach in It Girl Entrepreneur course and watch the money tree grow.

Janelle
5 months 8 days ago
Step 1, sell one of our cars to get capital. Although I do t think we could get 10k from it, we could probably get at least 7k. Then, because ideally this would be sustainable and we only have so many cars we can sell, use the money to commence step 2. Step 2: go to upwork, purchase a ghostwritten series of ebooks in several genres, get some software or apps created, etc using the money from the car sale. Try to diversify as much as possible so I don’t have all my eggs in one basket, but ideally have… Read more »
Hasan Alpakin
Hasan Alpakin
5 months 8 days ago

I would spend it for holiday. best thing that makes me feel better..

kym
5 months 6 days ago

I loved reading these answers. There are also a lot of questions like this on Quora and the answers are usually quite good. The first thing I would think of is to sell something of value – then hustle the rest. The hardest part for me has always been my limiting thought process when it comes to larger sums of money (which I am learning to get around). It’s like a huge road block that says “oh no – that’s wayyyyy too much”.

JD
JD
5 months 4 days ago

Hard to find something stable to invest in. The best I’ve tried is growinvestmentcompany.com , I get returns of 10%. Also, acorns.com is another one of my favs.

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4 months 16 days ago

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Thomas L.
Thomas L.
2 months 17 days ago

Computer consulting. And it might take 2-3 months, after expenses.

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