Wednesday, April 22, 2020

Laid off? Need cash quick? Here are some legit ways to make money


OK, Gary Vaynerchuk runs a $200 million digital marketing agency now, and a sports management agency, and a few other things.  But "flipping" stuff from garage sales, as a teen, is one of the ways he got his start.  It's the 21st century, the Information Age, and Gary Vee is one of the guys you need to listen to on a regular basis to keep up.  His content is everywhere.

In the last 4 weeks, during this economic meltdown (forget the word "recession," we're way beyond that already), 22 MILLION Americans filed for unemployment, after getting laid off.  Another few million will probably be added in tomorrow's numbers.  That's on top of the 65-ish% of Americans who couldn't and a $400 unexpected bill before the Covid-19 pandemic, and the financial meltdown began.  LOTS of people need cash quick right now.  Are you one of them?

You need cash quick?  
What do you do? 
Yes, everyone's supposed to be homebound at the moment, but that will end before long.  Here are some ideas to start with...

Flipping merchandise-   It's simple, Buy Low, Sell High.  Buy stuff one place at a good deal, sell it somewhere else at a higher price, and make a profit.  Garage sales, yard sales, auctions (online & physical), discount websites, store closeouts, mainstream store sales, these are just some of the places where you can buy stuff cheap.  Then you sell on eBay, Craigslist, Facebook Marketplace, LetGo, Wallapop, your own store (online or physical), a swap meet/flea market booth, your own garage sale.  The key is to know a deal when you see one, AND pounce on it and actually buy the bargain.  Then, have a place to sell it.

Gig jobs- Yeah, lots of good and bad in the news about gig jobs these days.  Hey, I was a taxi driver for 6 1/2 years, one year of which that was actually a cool way to make a living.  Probably not a career for most people, but it may help tide you over financially for now.  Uber, Lyft, delivery services.  Google it and see what's possible in your area. 

Personal services- Do you have some skill that you can teach other people.  Any skill?  How to play the trumpet?  Teach grandmas how to work their new iPhones.  Tutor kids in math since you rocked it in high school.  Whatever.  We live in a very fast paced society, and one on one teaching, either online or in person, is big now, and will be a major sector of the economy going forward.  Just watch.

Help your neighbors during this quarantine-  I met a woman two days ago who said she's been making cash, and helping neighbors, using Nextdoor.  I didn't know this existed.  Check it out, be legit and responsible, and don't scam.  Help the neighbors, do some shopping, stand in a line the older people can't, and make a few bucks during quarantine, and afterwards. 

Give plasma- Yeah, You can make $100 or more in a week letting the scientific vampires suck your blood.  It's just like giving blood, but it takes a bit longer.  I've done this several times.  Google it in your area.  There are health restrictions, recent tattoos, illness, or lots of foreign travel may get you denied.  These places will open up again soon, and they'll need blood plasma, they always do.  Drink a lot of fluids, and take iron supplements, that's my advice. 

OK, it's a short list, but there are hundreds of variations of these few ideas (except plasma).  That should get you thinking...

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