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Start Here: “The Ultimate Guide to Making Money”

Interested in earning money on the side? Help me shape an upcoming bootcamp

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By a huge margin, “earning money” is the most requested entrepreneurial topic on I Will Teach You To Be Rich.

For the past few months, my friend and I have been putting together a bootcamp to help people earn more money on the side. We’ve written pages and pages, catalogued hundreds of ideas, started recording a bunch of videos (including case studies of people who earn lots of money on the side), and started thinking about pricing.

But before we go any further, we want to get your thoughts. If you want to earn more money on the side, can you spare 3 minutes to tell us what exactly you want to do? At the end of the survey, you’ll get a chance to sign up to get an early look at the bootcamp.

Let us know why you want to earn money on the side! [Edit: The survey is now closed. 1,300+ responses! Thanks, guys.]

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31 Comments on "Interested in earning money on the side? Help me shape an upcoming bootcamp"

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Wes
Wes
6 years 10 months ago
How about those of us that DO earn money on the side – want some testimony of what we’ve done and how it’s worked out? For me, I received my undergrad in mechanical engineering in May 08. Started work mid-June 08, and realized last fall/winter that, once I got home, I had nothing to do. School had dominated my time with homework, sports, etc., but the ‘real world’ was quite different. This eventually landed me with two other jobs: Freelance personal training as well as modeling. Granted, I have a natural predisposition to be qualified for these: I’ve been in… Read more »
Douglas
Douglas
6 years 10 months ago

I filled out the survey! I hope i can be apart of this boot camp. It sounds really interesting. I am excited to see what you have up your sleeve Ramit.

CBecca
CBecca
6 years 10 months ago

Wes – sadly the link that you posted is blocked by my ISP.

With the job that I do (stewardess) we get plenty time off, especially when the ‘regular’ person is working and plenty of my colleagues have their fingers in modelling and coaching. Sadly this isn’t for everyone!

ideas for jobs on the side lending your voice to an audio book prg/company voicemail systems. Just dont know of these openings where I live (the MiddleEast)

Looking forward to the results of the survey, Ramit

Track Our Spending
6 years 10 months ago

The bootcamp sounds good, I hope I get a preview. I’ve been earning money on the side by freelancing, but I’d love some more tips on how to earn more.

Ashley
Ashley
6 years 10 months ago

Ramit, Definitely interested in hearing more about this. However, if anyone knows or has any experience with these so-called advertised jobs just browsing the web or “working from home”. How does that even work and should it ever be considered?? Maybe a small section on spam online jobs would be good?

Elisabeth
6 years 10 months ago

For college students, donating plasma is an easy way to earn a little extra money. Biolife pays $55 per week if you donate twice a week (up to $220 per month — can you say “beer money”?). Some places also pay for blood donation. It’s painless if you’re not squeamish about needles, and you can do your homework while you’re hooked up.

RStewie
RStewie
6 years 10 months ago
The sruvey didn’t really cover what I would really like to know: I have a certain skill set that I know is marketable, but I also have a full time job doing that same thing. I’ve looked at elance, but it appears to cater to a certain Internet-savy, “I know about elance” crowd, and their job descriptors leave somewhat to be desired: my profession would be under “legal” but I am NOT a lawyer, and I’m hesitant to post something there and be caught up in a misrepresentation lawsuit or something to that effect. I have a lot of contacts… Read more »
Dom
Dom
6 years 10 months ago
I have been reading blogs by Tim Ferris, Glen, and you for quite a while now. I do find the information to be very helpful. However, I find two issues with the information given. 1) Much of the advice is tech/finance related, even for the entrepreneurial stuff you discuss, and if your not in those fields (which I’m not) what techniques should one use in a more traditional field like Education or Medicine (fields that require research and experience). 2) There hasn’t been too much of a discussion on building credibility especially if you are a recent graduate, or young… Read more »
Eric
Eric
6 years 10 months ago

Not covered by the survey: I have particular technical skills that I use in my day job. I would like to write/blog/consult/ whatever using those skills, but I also need to avoid conflicts of interest with my day job.

Adam
6 years 10 months ago
I filled it out. I guess the important thing I need to learn is how to market my skills? I’m your typical tech savvy, work with computers and networks all day guy. People always ask me to fix theirs, and it is usually easy for me to do that. I recently talked to a friend who was working with the best buy geek squad while looking for a real job after he got out of the Marines. He told me some of the fees they charge and I realized that some people pay ridiculous amounts of money for these services… Read more »
Caryn
Caryn
6 years 10 months ago

I earn extra money with AdSense on some static informational web sites I have made. It’s passive income because once I have the site set up and do a little initial marketing for it, I can just let it go and the dollars roll in. Sometimes it makes more than at other times, but it’s all gravy.

Kevin@OutOfYourRut
6 years 10 months ago

A lot of us have ideas as to what to do, but the missing element is marketing. Anything you can add in regard to marketing skills, businesses, trades, etc, would be most useful.

Josh
6 years 10 months ago
Wow! I’ve learned so much from the responses in this post alone! Thanks for all those who have linked to their blogs in their responses as well, it’s a great way for me to learn. @Dom, I can relate very well to your situation and am very interested in hearing how this boot camp will help you out. Ramit, if it’s possible to volunteer, do you need others who are “rookies” in this type of a venture to be used as case studies? Thanks Ramit for a great blog and book and thanks to the others who I am constantly… Read more »
Sent
Sent
6 years 10 months ago

I don’t think Personal Training is the greatest of side jobs if you’re only in it for the money. As I’ve learned more about strength and health I realize that I don’t know jack. If a client walks in and you cannot assess his or her fitness and posture then what good are you? What I consider a good trainer is someone who has the schooling and the desire to continue their education.

Read here: http://www.bostonherald.com/blogs/lifestyle/step_up/index.php/2009/08/03/q-and-a-dealing-with-entitlement/

If you can’t answer his 11 questions at the bottom I don’t know why you would think you’re a decent PT.

KellyA
KellyA
6 years 10 months ago

Bust my ass for a worthwhile goal? awesome!
Considering I’ve been working 3-4 jobs for over a year now and am a week away from paying off ALL my student loans and medical bills I’m looking for a new challenge, Ramit. I’ve already done the work to reduce my spending on things that are unimportant and all I have left to pay is my mortgage. Really, this would be fantastic timing and I’d be willing to chat with JMS along the way for the site. You have my email.
~Kelly

Matt Malenczak
Matt Malenczak
6 years 10 months ago
I have been prepping all summer for a fall ass-bust of my marketable freelance skills – What perfect timing for this email to come along! I have a jack-of-all-trades computer and printing background which makes it challenging to market any one particular skill. I’ve always felt the need to be an “expert” in an area before trying to offer up my services, but what I keep finding is that I actually do know more than most people that are already offering said services. Suffice to say, it’s time to knock down the wall and charge full-speed ahead. choo-choo
AJ
6 years 10 months ago

Good luck with the book!

Paul
Paul
6 years 10 months ago

Say you have 50k sitting around in money market and 3-mo to 1-year horizon stocks, what non-traditional assets can you buy that will generate passive income? An obvious choice is real estate, but what else?

Tej Shah
6 years 10 months ago
Here’s what I WISHED I did to earn money on the side. There are many, many companies out there that pay college students, recent grads (and even people overseas) to write simple articles and blogs (250-500 words) for their company on a regular basis. Everyone has a blog these days but many companies don’t have the time to keep it updated, so they pay others to write interesting stuff for them. If you have mediocre writing skills and speak English, you’re pretty much qualified. The pay isn’t anything to brag about, but it’s definitely a great way to make cash… Read more »
deker
deker
6 years 10 months ago

would love to know more about the bootcamp.

just reading these posts gives me hope in the midst of fear.

in the past i’ve done lots of freelance graphic design work but often for free or reduced rates.

interested in how to use freelance work to transition to other areas of interest (writing, video).

interested in coaching/strategies to overcome: inertia, self-doubt, fear, belief that a corporate world is the safe, charging fair rates

Paul
Paul
6 years 10 months ago
By non-traditional, I really only meant, in addition to stocks, bonds, mutual funds, CDs… and real estate. Perhaps I used the wrong phrase. I recently read Rich Dad/Poor Dad and the principle theme was to acquire assets early. I’m not entirely interested in real estate, particularly because of my remote location lack of a near-by market. Since I’m already set on CDs, Money Market and well valued investment stocks (the 3-mo to 1 year time line, but more if need be), I’m looking to expand my holdings. I suppose I could spend some more time reviewing bonds, but the thrust… Read more »
sheriff
sheriff
6 years 10 months ago

I would always look at all cash business/events. No reciepts, no 1099’s, no tax. Things happen quickly when cash is involved. I never use an ATM, you get used to it.

tracy
tracy
6 years 10 months ago
Sometimes the most effective way to make money is to charge the employer nothing. Not only is this a terrific way to get started, it’s also a great way to prove you are worth it. No pay = low expectations = super easy to exceed low expectations in a very short amount of time = lots of money. If you excell at proving your worth, you can ultimately turn what would have been a side job that paid $10-15 an hour into something more. As the self-proclaimed queen of side jobs (from tutoring to editing to catering to club promoting… Read more »
Laura
6 years 10 months ago

I just started making an extra $300 a month! Tax free. Here’s how–I’ve been renting my apartment out on http://www.airbnb.com. I know this sounds like a commercial but I swear it’s not. I rent my place out to visitors and then crash w/my parents who live nearby. It’s dead simple, email me if you want details. And don’t worry–I have a contract in place, security deposit, renters insurance, etc. EASIEST money I’ve ever made : ).

Edit from Ramit: This seriously looks like a spam comment, but it’s not. This is a good way to earn some extra money.

DG
DG
6 years 10 months ago

I agree with most of the people here , marketing is the key. I have some unique skills at work. Market is great for those kind of skills.
Can I join your beta program Ramit?

MumboJumbo
MumboJumbo
6 years 10 months ago
Finding the side-work is one thing… How about covering how to earn the top dollar that your skills can net you? I’ve found that looking for jobs that (a) are in cities that have a higher cost of living than where I live currently and (b) allow me to telecommute, allow me to charge anywhere from a small, to a substantially larger, amount than I could in my local market – all for the same skills/work. Ramit – I know that you have already selected your beta group for the study, but I feel I am at a pivotal moment… Read more »
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