Money Making for Teenagers
Make Money At College – How I Make $1000 Per Month From College Students
By Scott Kennedy
I don’t do affiliate marketing or CPA offers, but provide a service most college students need, which is an essay editing service.
Last year I was studying in Singapore and was constantly being asked to proofread fellow student’s assignments and this is where the idea spawned. Australia has a large number of international students studying at our universities so I saw this as the perfect opportunity to make some easy cash.
Firstly, I purchased a $14 HTML theme from themeforest and paid a computer science student $20 to make a custom PHP file upload form. Once the site design was completed, I hosted it and stuck flyers around campus and off-campus accommodation promoting my service, specifically targeting international students.
At first, orders came in pretty slowly, maybe 1-2 every 2 weeks. The standard rate for a 2000 word essay is $80, which is $10 less than all of my local competitors. I also offered a 10% discount if people refer friends and provide a lifetime 25% discount on all orders if they use the service 3 times. For the past 9 months I have been averaging $980-$1200 per month.
I basically check their essay for spelling, grammar, syntax, structure, referencing, flow and run-on sentences. The standard turnaround time is 48 hours but I always strive to return the edited essay after 36 hours. I also provide a 24 hour turnaround time (for a higher fee) and an express option (12 hours) for nearly double the 48 hour rate.
I have 1 employee, a friend, who I pay 50% of the selling price to complete the actual editing. So effectively I make, on average, $40 per essay for doing nothing but putting up flyers and checking my email.
If you’re a college student or know someone who is, this type of work can be quite lucrative. It takes me about 1.5 hours to edit a 2000 word essay, making my hourly wage over $40. However the major downside is that you only get orders during the semesters. Your income becomes $0 during the summer holidays (such as now in Australia). This also works for native English speaking article writers who wish to diversify their services/income.
Next year I hope to expand my business by promoting it to the 2 other universities in my city and hope to sell the business by the end of 2012.
I haven’t seen many people providing this type of service to make an income online.
How To Start Your Own Essay Editing Service
1 – Research your competition. Identify what services they provide and their prices.
2 – Decide how to differentiate yourself from your competitors (undercut them, provide different services, target a specific market, focus on local campuses etc)
3 – Design and host your site.
4 – Promote your service. I’ve found sticking pull-tab flyers around campus to be the most effective. If you’re not allowed on college campuses, hire a student from craiglist to do it, making sure they take photos as evidence of work done. You can also do traditional online marketing such as article marketing etc. A competitor of mine provides a free report on how to write the perfect essay in return for the person’s email address and sells that way (classic list building).
5 – Edit the essays yourself or hire someone to do it for you. 30% of the selling price is a reasonable amount to pay someone.
6 – Rinse and repeat.
P.S – If you have any comments, please comment here
Hi, this is a very simple money making tip which is aimed at teenagers & students on their annual school/college Summer Holidays.
The one thing I hear a lot of is, “their are no ways for teenagers to make money in the school holidays”.
Well, during the school holidays, temperatures can get very hot and in the long rush hour journey home, their are a lot of very thirsty commuters driving home from work.
A very quick and easy way to benefit from this is to buy some cans of drink from your local cash & carry – get them nice and cold and load up a couple of coolers with the cans and quite simply sell them, where the traffic is queuing..
Now, I’m not advocating standing in the middle of a busy road to do this, but any car with it’s windows down will be a potential customer and ice cold drinks on a scorching day will sell themselves…
Two young lads in the USA were able to sell nearly 200 cans in just over an hour on one particularly sweltering hot day, to make just over a $100.
I hope you have enjoyed this tip, I aim to make KMMT, for everyone – not just online marketers and eBayers.. but anyone who wants to make money
If you have a great money making tip – let everyone know, I can link it back to your Blog, Website or Video, this will get you more traffic, at no cost.
email me here
Have a good day