Saturday, May 11, 2019

Top 5 Side hustle jobs for students which the can do after their school or college

Everyone wants to have some extra bucks in his pocket so if you are a student who leaves away from your home here are top 5 jobs you can do to earn something extra just by sitting at home lets start.


Top Online Jobs For students.

1 Drop Shipping
2 Affilate Marketing
3 Freelancing
4 Blogging
5 Youtube

All these jobs are long for long term earning is you want to earn just in a day MAN thats not possible



1 Drop Shipping

Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.
The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn't stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer – to fulfill orders.

Benefits

Less Capital Is Required – Probably the biggest advantage to dropshipping is that it's possible to launch an ecommerce store without having to invest thousands of dollars in inventory up front. Traditionally, retailers have had to tie up huge amounts of capital purchasing inventory.  
With the dropshipping model, you don't have to purchase a product unless you already made the sale and have been paid by the customer. Without major up-front inventory investments, it's possible to start a successful dropshipping business with very little money. 
Easy to Get Started – Running an ecommerce business is much easier when you don't have to deal with physical products. With dropshipping, you don't have to worry about:
  • Managing or paying for a warehouse
  • Packing and shipping your orders
  • Tracking inventory for accounting reasons
  • Handling returns and inbound shipments
  • Continually ordering products and managing stock level
Low Overhead – Because you don't have to deal with purchasing inventory or managing a warehouse, your overhead expenses are quite low. In fact, many successful dropshipping businesses are run from a home office with a laptop for less than $100 per month. As you grow, these expenses will likely increase but will still be low compared to those of traditional brick-and-mortar businesses.  
Flexible Location – A dropshipping business can be run from just about anywhere with an internet connection. As long as you can communicate with suppliers and customers easily, you can run and manage your business.
Wide Selection of Products – Because you don't have to pre-purchase the items you sell, you can offer an array of products to your potential customers. If suppliers stock an item, you can list if for sale on your website at no additional cost.
Easy to Scale – With a traditional business, if you receive three times as much business you'll usually need to do three times as much work.  By leveraging dropshipping suppliers, most of the work to process additional orders will be borne by the suppliers, allowing you to expand with fewer growing pains and less incremental work.  Sales growth will always bring additional work – especially related to customer service – but business that utilize dropshipping scale particularly well relative to traditional ecommerce businesses.  
All these benefits make dropshipping a very attractive model to both beginning and established merchants. Unfortunately, dropshipping isn't all roses and rainbows. All this convenience and flexibility comes at a price.

Disadvantages

Low Margins – Low margins are the biggest disadvantage to operating in a highly competitive dropshipping niche. Because it's so easy to get started – and the overhead costs are so minimal – many merchants will set up shop and sell items at rock-bottom prices in an attempt to grow revenue. They've invested so little in getting the business started so they can afford to operate on minuscule margins.  
True, these merchants often have low-quality websites and poor (if any) customer service. But that won't stop customers from comparing their prices to yours. This increase in cutthroat competition will quickly destroy the profit margin in a niche. Fortunately, you can do a lot to mitigate this problem by selecting a niche that's well suited for dropshipping. We'll discuss this more in Chapter 4.
Inventory Issues – If you stock all your own items, it's relatively simple to keep track of which items are in and out of stock. But when you're sourcing from multiple warehouses, which are also fulfilling orders for other merchants, inventory changes on a daily basis. While there are ways you can better sync your store's inventory with your suppliers', these solutions don't always work seamlessly, and suppliers don't always support the technology required.  
Shipping Complexities – If you work with multiple suppliers – as most drop shippers do – the products on your website will be sourced through a number of different drop shippers. This complicates your shipping costs.
Let's say a customer places an order for three items, all of which are available only from separate suppliers. You'll incur three separate shipping charges for sending each item to the customer, but it's probably not wise to pass this charge along to the customer, as they'll think you're grossly overcharging for shipping! And even if you did want to pass these charges along, automating these calculations can be difficult.
Supplier Errors – Have you ever been blamed for something that wasn't your fault, but you had to accept responsibility for the mistake anyway? 
Even the best dropshipping suppliers make mistakes fulfilling orders – mistakes for which you have to take responsibility and apologize. And mediocre and low-quality suppliers will cause endless frustration with missing items, botched shipments and low-quality packing, which can damage your business's reputation.    

Is It Worth It?

As we initially warned, dropshipping isn't a perfect, stress-free way to build a successful business. The model has some definite advantages but comes with a number of built-in complexities and problems you'll need to be able to address.  
We'll be examining these problems – and how to best address them – in future chapters. The good news is that with some careful planning and consideration, most of these problems can be resolved and need not prevent you from building a thriving, profitable dropshipping business.

2 Affilate Marketing 
Affiliate marketing is the most profitable way to make money online. Want to understand what is Affiliate marketing? Keep reading to learn everything about this popular passive income method.

Affiliate marketing is one of the most popular ways people make money online and for some it can be a passive income once established. It is a strategy where an individual partners with a business (mainly an ecommerce sites ) in order to make a commission by referring readers or visitors to a business’s particular product or service. But that really is quite a simple explanation. To be really successful at making money with affiliate marketing there is a little more to it.
In the case of blogging, a blogger will become an affiliate of a selected company via an affiliate network or directly from the ecommerce business, and make money from being an affiliate by placing a link, button or banner within a blog post that will lead the readers to that affiliate products or services.
A good blogger and affiliate will utilize a number of different marketing channels to promote content.
3 Freelancer
Freelancing can be very attractive because you can work from the comfort of your own home. Which means you don’t have to invest in uniform, it will eliminate the hassle of waking up early and drag yourself to get a ride on time as you need to be in the office on a specific time or else you won’t get your full salary. But despite the appealing advantages it may have, there are still factors that prevent other people to pursue freelancing.

Nowadays, it has been popular with people who don’t want to get the stressful commute from home to work. It is well-known to parents who don’t want to leave their kids at home. The type of job is enticing. You have the chance of choosing where and when to work on freelance projects.
You might wonder, how does it work? In what way you can make money from freelancing? Will be getting the same benefits as that of people working in an office? How can you get started? What are the requirements? Is this stable and can support your family?

In case you are in doubt and have those questions in your mind, you might want to continue reading, so you’ll understand why people stick to this type of work.

What is freelancing?

Freelancing is a unique way of working. Instead of getting employed by a company and has a specific title and job, this one is considered self-employed. You can apply a different type of skills and get a job from various sources. Furthermore, you can even have more than one client or employer. You can get it by a full-time, part-time or one-time project to complete. Also, with freelancing, you will be responsible for paying your taxes, insurance, etc.
Once hired or awarded with a project, you have the autonomy to choose the nature of your work. For example, how, when, and where to start work. You don't need to worry as long as you have a stable internet connection and laptop. It will be an advantage if you have your internet at home. Some work in freelancing hubs or for others, they prefer in a coffee shop.
For you to start, you must sign up to any freelance platform. There can be a lot of them. We will discuss it further on the latter part of this article. When you set up your profile, make sure to fill in the necessary information, especially your skills. The platforms will allow you to gain clients or employers. Some freelancers set up own website to advertise their skills and get work. You also take advantage of social networking sites to promote your services. Most freelancers mix different methods for more chances of getting work.
As for the benefits, it depends on the work you can get. For a part-time job, it is more likely you won’t get some perks, but only the payment for the task assign. Some are lucky enough to have a full-time job that provides them with bonuses and other extra treats.

Advantages and Disadvantages of Freelancing

After understanding the concept of freelancing, we now tackle the advantages and disadvantages of the nature of work for you to weigh if the work is for you.

Benefits of online freelancing

1. Flexible Hours
The most visible advantage you get is you can work whenever you want. You can choose your schedule. Besides, you have the freedom to choose the time of your work. You may opt to have the time which you feel productive. And, it doesn't have to be within the regular business hour.
2. Control over clients or job
Unlike being employed by a company, you have the chance of picking which clients you prefer to serve or work with, with freelancing you have that autonomy. If you don’t agree with the terms laid to you, you can skip the opportunity and move on to the next clients who want your service.
3. Work wherever you want
Along with the freedom to set your schedule is the liberty to choose your location where you want to work. You don’t have to skip work when you want to go out of town. So, you can bring along with you your laptop, and you can do your job in your free time. Moreover, you can even complete your task by the beach when you are on vacation.
4. You are the boss
You don’t have to answer anymore to anyone but your client and yourself. It can reduce pressure and no stressful demands from other people. You can do the job in your own pace as you please. Just like any other boss though, you have the responsibility to make tough decisions but bottom line, you have control over your business.
5. You can have all the profits
When you work for an organization, you always get the same amount no matter how big the project is. But with freelancing, you can control your earnings. You can work more, to get more money and you can keep all the profit, and yes, you are free to spend them in any way you want.
6. Better work-life balance
You don’t have to hurry to be able to catch that bus so you can reach work on time. The stress of commuting is no longer a concern. You can take care of other personal stuff, and you don’t have to go through the same routine of work every day. You have the option to change your daily routine.

Drawbacks of working as a freelancer

1. Unsteady workload
In freelancing, you are the one responsible for looking for your clients or projects. Which means that once one project has been completed, you have to work on getting another one to keep the money coming. The inconsistency of the workload can be the reason for inconsistent income. The higher workload would mean, higher earnings.
2. Distinguishing personal and work time
As earlier indicated, you are your boss, and you can work in any location including working in the comfort of your home. With this, it can be challenging to recognize personal life and work time. Which can mean, you work long hours and having no time to address your interest. It may also mean budgeting your time and organize your schedule.
3. Require a lot of research
Depending on your chosen skill, you need to be precise in research. Thus, for you to acquire more knowledge on the field you wanted or get information for effective approaches on the assigned task, you have to do a lot of research. For some, they enroll in classes that could help them improve. Freelancing gives you the responsibility to wear many hats. It may include marketing, sales, promotion, even travel guru.
4. Not being able to get payment
As a freelancer, you are exposed to the risk of not being paid for the completed work. The case is typical to the freelance world. Most of the freelancers may have experienced this. Everybody is aware of such, but even so, you won’t realize the risk until its too late. Also if you got the work from a reliable freelance platform, still it is not an assurance.
5. No employer benefits
Good for those who have full-time work in freelancing and given health benefits, but most freelancers don’t have this benefit. You can get one for yourself at own cost. But this means additional expenses out from your pocket. Most freelancers who have stable earnings, get their insurance. It can be expensive to get sick, and health insurance is your back up especially if you are freelancing.

Are you suitable for freelancing?

Freelancing is an equal chance of positive and negative acquisition. You must weigh these things for you to decide whether this kind of job works for you. You must take the risk if you want to get started. It may not fit for everyone. If you are one of those who took the first step, it may take a year to get the full swing.

Why do you want to freelance?

You might be looking for a flexible schedule, or you want to eliminate the stressful commute from home to work. You may be that someone who wants to expand your opportunities. The recorded perks of freelancing are real, but it takes a lot of courage and risk. You must have the right intention to pursue freelancing, or you will end up one day with no money coming in. So, before deciding to quit your present job and pursue freelancing, make sure you have established your field and the how in-demand the skill.

Can you Afford to Freelance?

Same with other businesses, you need to invest. In your first few months, you might not see the excellent flow of money. You may have to establish your network to be able for you to advertise your services. For some, they need to get their website and showcase their skills. It looks like an excellent way of getting your more clients.
It is essential to assess how much money you need and followed it with the question if it is enough for you and your family. Given that cases, you must know your strategy early on. Identify the rates and calculate for you to know what effort you need to exert.

Are You Ready with the Uncomfortable Phases of Freelancing?

With freelancing, you won’t be able to know when you are getting paid. There can be a time that your works don’t meet the client’s requirements which may result in non-payment. When you come to that phase, you might reconsider coming back, and your main intention for freelancing is forgotten entirely. This part of freelancing is normal.
Throughout the journey, you will experience such cases. The rejected works are considered lessons which you can learn and opportunity to improve.
One of the huge misconceptions about freelancing is you sit at home, and the work will keep coming. However, the truth is you need to work hard for it. You have to fight for your job, and you have to be convincing to win a client or be awarded projects. You have to work for it.
Freelancing is a world of competition so what you need is determination and grit for you to be awarded a project.

What are you good at?

When you start freelancing, you don’t have to be expert on something. You only have to know what you are good at and improve them along the way. Decide as early as day one on what you want to concentrate and stick to it. Having a specific field of specialization will give you a greater chance to focus and improve.
In freelancing, you are your brand, and with that, you need to promote your brand. As a brand, you must own something to present. And identifying your brand is a good way of knowing how to sell your services to your prospected clients.

Will freelancing give you joy?

As they always said, not every day is Christmas. Same is true with freelancing. There can be moments that you don’t feel like working, and there are those times that you want to get more workload. That’s the reason why you must choose the right field to concentrate. There can be a lot of skills but focusing on the one thing you love to do and use it for to earn, that may bring you joy and can be a factor of your smooth freelance journey.
For you to be a successful and happy freelancer, you must be honest with yourself on things that are appealing to you. Ranking your desires and passions can be a good start. Consider the most important and less essential. Weigh things accordingly because once you started, it could be harder to go back to the corporate world.

4 Blogging 

Plenty of people who have heard the term “blogging” fail to understand what a “blog” is or how creating or reading one can impact or improve their lives. Whether you have absolutely no idea what these terms mean or you know the basics but want to learn more, this guide provides you with a thorough breakdown of the topic.
The following sections also provide details about popular blogging sites and how to use one or more blogs to generate funds for personal and business goals.

So exactly what is a blog?

A blog is an online diary or journal located on a website. The content of a blog typically includes text, pictures, videos, animated GIFs and even scans from old physical offline diaries or journals and other hard copy documents. Since a blog can exist merely for personal use, sharing information with an exclusive group or to engage the public, a blog owner can set their blog for private or public access.
When a blog is made publicly accessible, anyone can typically find the blog through links available on the blog owner’s individual or business website, their social media profiles, emails and e-newsletters and online keyword search engines. Many blog owners also set up blogs on websites devoted to the creation, storage and sharing of blogs, such as Blogger, LiveJournal, Tumblr and WordPress.
Blog content can appear as posts on one continuous streaming page or posts on individual pages reachable through one or more pages set up in a list-style format as post title links, excerpts and related tags. All posts or links to posts are typically displayed to readers in reverse chronological order with the most recent content appearing first.

How Do Bloggers Make Money From Their Blogs?

Beyond improving website traffic by updating content regularly, individuals and businesses make money off of their blogs by building trust with members of their target market. They offer content that their target audience finds interesting and useful and that also establishes them as knowledgeable experts. Consumers often buy new products and services from individuals and businesses who they trust.
They are also more likely to be repeat, loyal customers to anyone who engages them and provides them with “free” valuable content. Consumers who trust an individual or business and start to rely upon a specific website for information are then more likely to recognize a brand, buy products or services and even provide word of mouth referrals about their positive experiences to members of their social networks.
Those referrals then often lead to new customers and future sales. Of course, by maintaining contact with members of their target market through their blogs, individuals and business owners who sell products and services are able to bring attention to new products and services and spread news about upcoming sales and deals to people who might not otherwise hear about these details through traditional advertising methods.
Some blog owners earn money every time someone merely clicks static or dynamic ads or other embedded links on their blog pages that go to affiliate partner websites or earn a commissionwhen someone buys a product or service on a partner website after using their link.
Lastly, many blog owners make money by selling their blogs. Blog sales typically happen after a niche topic blog website starts receiving incredibly high traffic and becomes attractive to an investor as a potential high volume money-making tool. Some people buy a blog just so that they can merge it with their existing blog or shut down the purchased blog site entirely because the competition was driving traffic away from their own blog and/or other websites.
As you can see, a blog provides an individual or business the means to share all kinds of information and reap all sorts of rewards from their efforts. Blogs can be therapeutic alone or do double duty by both serving as a social outlet and money generator. If you do not currently have a blog, review some of the popular blogging sites listed in this guide or check out the blogs of your favorite celebrities, businesses or hobby associations to give you ideas about what a successful blog looks like and the elements that go into it. If you do have an online diary but you have not promoted or monetized it in the ways outlined in this guide, review these methods and give real consideration to the idea of turning your blog into a secondary income stream.
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Savings Vs Investing.What should you do

Wondering whether you should save or invest? The answer depends on your goals and your financial situation. This guide will help you work out how to go about building up your savings and the best way to invest money. It also covers the basics of planning out your finances for short term savings and long term investment.





What’s the difference between saving and investing?


  • Saving - is putting money aside, bit by bit. You usually save up to pay for something specific, like a holiday, a deposit on a home, or to cover any emergencies that might crop up, like a broken boiler. Saving usually means putting your money into cash products, such as a savings account in a bank or building society.
  • Investing - is taking some of your money and trying to make it grow by buying things you think will increase in value. For example, you might invest in stocks, property, or shares in a fund

“Poor people see a dollar as a dollar to trade for something they want right now. Rich people see every dollar as a ‘seed’ that can be planted to earn a hundred more dollars … then replanted to earn a thousand more dollars.”
   T. Harv Eker, Secrets of the Millionaire Mind 

  Who should save?



1. Setting up an emergency fund
Everybody should do their best to build up an emergency savings fund.
The general rule is to have three months’ worth of living expenses saved up in an instant access savings account. This should include rent, food, school fees and any other essential outgoings.
Your emergency fund means you have some financial security if something goes wrong.
2. Keep saving
Now that you’ve got an emergency fund, it’s a good idea to save up at least 10% of your earnings each month (or as much as you can afford).
Set yourself savings goals and put away enough to buy what you want. This could be a house deposit, a wedding, or a trip.
You could also start to think about investing your money.

When shouldn’t you save?

The only time you shouldn’t save, or invest is if there are more important things you need to do with your money.
For example, getting your debts under control.

Are you ready to invest?



Whether or not it makes sense for you depends on your goals – specifically if they are long, short, or medium term.
  • Short-term goals - are things you plan to do within the next five years.
  • Medium-term goals - are things you plan to do within the next 5-10 years.
  • Longer-term goals - are ones where you’re won’t need the money for ten years or more.
Short-term goals
For your short-term goals, the general rule is to save into cash deposits, like bank accounts.
The stock market might go up or down in the short-term and if you invest for less than five years you might make a loss.
Medium-term goals
For the medium-term, cash deposits might sometimes be the best answer, but it depends on how much risk you’re willing to take with your money to achieve a greater return on your investment.
For example, if you’re planning to buy a property in seven years and you know you’ll need all your savings as a deposit and don’t want to risk your money, it might be safer to put your money into a savings account.
However, bear in mind that your savings will still be at risk from inflation.
This is where the interest you earn on your savings fails to keep up with the rate of inflation so the buying power of your money is reduced.
On the other hand, if your needs are more flexible, you might consider investing your money if you’re prepared to take some risk with your original capital to try and achieve a greater return on your investment than would be possible by saving alone.
Longer-term goals
For longer-term goals, you may want to consider investing because inflation can seriously affect the value of cash savings over the medium and long-term.
The stock market tends to do better than cash over the long-term providing an opportunity for greater returns on any money invested over time.
You can lower the level of risk you take when you invest by spreading your money across different types of investments. This is called diversification.

Friday, May 10, 2019

How Warren Buffett"s made 85 billion dollars ?

Buffett has been and continues to be a role model for millions of investors across the globe. His rich investment history going back to as far as 11 years old when bought his first stock, his impressive story has been used in hundreds of speeches globally, with every investor, beginner or pro, being asked to emulate him. However, who is warren buffet






In this video, we are going to look into the life of the man known as the “Oracle of Omaha”, highlighting the investments and decisions he made to become one of the richest and most respected businessmen in the world.







Transscript



Warren Edw. Buffett has been and continues to be a role model for millions of investors across the globe. His rich investment history goes back to when he was just 11 years old when he bought his first stock. His impressive story has been used in hundreds of speeches globally with every investor beginner or pro being asked to emulate him. However who is Warren Edw. Buffett. In this video we're going to look into the life of the man known as the Oracle of Omaha highlighting the investments and decisions he made to become one of the richest and most respected businessmen in the world. Warren Edward Buffett was born in 1930 to Howard and Layla Buffett in Omaha Nebraska.
As a child, Warren demonstrated a keen interest in financial and business matters and was described as a mathematical prodigy who could add large columns of numbers in his head a gift that would serve him well in the future. Legend has it that he allegedly told his friend that if he wasn't a millionaire by the time he was 30 he would jump off the tallest building in Omaha. If you're glad he didn't follow through leave like.
If you wish he had just leave a dislike.
So when Warren was 11 years old he made his first investment.
He bought three shares of Citi service preferred at 38 dollars a share.
The stock soon rose to 40 dollars and he sold it making him a small profit.
A decision he would later regret. When the stock rose to 200 dollars a share. He later cited this experience as an early lesson in patience and investing. At 13 years old Warren worked as a paper boy. He would wake up at 430 in the morning to deliver copies of The Washington Post. He also sold magazine subscriptions and calendars to his newspaper's subscribers on the side. By 15 Warren had made two thousand dollars delivering papers. This is about twenty six thousand dollars in today's money he invested 1200 of that into a 40 acre farm where he had a profit sharing agreement with a Nebraska farmer as a sophomore in high school. Seventeen year old Warren Edw. Buffett partnered with a friend to purchase a used pinball machine for twenty five dollars which they placed in the local barber shop.
Within months they owned several machines in different barbershops across Omaha bringing in about twenty five dollars a week.
The business was later sold for 1200 dollars to a war veteran.
Warren graduated from the University of Nebraska with a Bachelor of Science degree and soon applied to Harvard Business School.
Unfortunately Warren was rejected but this didn't deter him in the slightest and so he enrolled at Columbia Business School instead. Upon learning that Benjamin Graham taught them.
He graduated with a Master of Science in Economics in 1951.
In 1952 Warren Edw. Buffett returned to Omaha and worked as a stockbroker while taking a Dale Carnegie public speaking course using what he learned.

Top 5 Side hustle jobs for students which the can do after their school or college

Everyone wants to have some extra bucks in his pocket so if you are a student who leaves away from your home here are top 5 jobs you can do...