How to Make $10,000 a Month as a Student
Introduction
Everyone wants to know how to make $10,000 a month as a student, but there is
a lot of misinformation out there. In this blog, we will break down the three main
components you need to focus on in order to achieve
this goal.
The Right Vehicle
The first thing you need in order to make $10,000 a month as a student is the right
vehicle. This means you need an opportunity that is big enough, but not too risky.
Trading is not the way to go, as many traders are trying to sell you false promises.
It is difficult to turn a small investment into a substantial amount of money through
trading.
Instead, consider starting a lean online business. By
investing a small amount of money into starting an online
business, you can potentially make tens of thousands of
dollars by the end of the year. Look for a business model that
offers free cash flow, meaning profit that you can actually use.
This will allow you to build wealth over time without risking
everything you have.
The Right
Business Model
When choosing a business model, it is important to consider two things: high
perceived value or high leverage. If you offer a service or guidance that brings
value to businesses, you can charge a high price and make $10,000 a month as a
entrepreneur. Alternatively, you can leverage your skills by hiring people to work
under you.
This allows you to take on more clients and increase your income.
Building a service-based business or offering consulting in a specialised area can
be a profitable way to make money as a student.
Stretching
Out the Timeline
Setting realistic expectations is crucial to achieving your financial goals. Making
$10,000 a month may not happen overnight, and that's okay. It is important to
stretch out the timeline and understand that building wealth takes time. Don't be
discouraged if it takes years to reach your goal. It is better to set your expectations
in terms of years rather than months. Remember, success takes time and effort.
Even if it takes longer than expected, every step towards your goal is progress.
Staying at
$10,000 a Month
Once you reach the $10,000 a month mark, the journey doesn't end there. It is
important to cement your place and make it your financial baseline. This means
that anything below $10,000 a month will feel off to you. Use this as an opportunity
to build on your success and continue growing your wealth.
Keep in mind that staying at $10,000 a month is just the beginning. Learn from
those who have mastered the art of wealth-building and aim to multiply your wealth
over time.Success is not just about reaching a certain income level, but maintaining
and growing it.
Conclusion
Making $10,000 a month as a student is achievable if you focus on the right
vehicle, choose the right business model, stretch out the timeline, and stay
committed to your financial goals. It may take time and effort, but with dedication
and perseverance, you can reach your financial milestones.
Remember to set realistic expectations, celebrate every milestone along the way, and continue to grow your wealth. Good luck on your journey to financial success!
