7 Proven Ways To Make Money Fast
You didn’t want to let it get this bad. But it has. The truth is that you’re in a bind. And the word stressed doesn’t even begin to describe the state of panic you’re in right now. You’ve got bills to pay and creditors breathing down your neck. So now what?
You’re in a situation you can’t get out of and no one is coming to save you. It’s happened before. But it’s never been this bad. You’ve been broke, but never this broke. The truth is you need to figure out how to make money fast otherwise some unimaginable consequences are going to flip your life upside down.
I get it. It’s bad. But instead of worrying about the situation, let’s find a way out. I’m going to break down what you can do to make money and do it in a way that’s fast enough that it’ll make a real difference right now. After all, you need money now. If not today, then certainly within the week.
Whether you’re behind on rent, your car payment, or anything else, please pay careful attention. Because the only thing separating you from the amount of money you’re after is one thing and one thing only. You. That might sound like a blanket statement. But I promise you that it’s not.
What Is Money?
This might sound like a ridiculous question to you. But have you ever asked yourself this? What is money? I’m not talking about the pieces of paper with dead presidents on them or the digital bits that make up the numbers in your bank account when you log in to your banking app. I’m talking about the nature of money.
So what is it? What is money? And how does it actually work? Lots of people look at money the wrong way. It doesn’t matter whether you make money slow or make it fast, you need to understand this concept. At the end of the day, money is an exchange of value. But it’s not always concrete value. The value can be perceived value.
Think about it this way. People don’t always pay for things based on what they’re worth. But they do pay for things based on the perception of what they’re worth. Let’s say there’s only one grocery store in an entire island of one million people. And there’s only one case of bottled water left because of a predicted storm that’s on its way to this island.
Normally that case of water might be worth $10. But what’s the last case of water worth on an island with just one store and one case of bottled water left? Would you pay $100 for that same case of bottled water? Of course, you would. What about $200? Maybe even $500? What if you knew you couldn’t get water for months?
The Power Of Scarcity & Urgency
Here’s my point. Value is perceived by each individual. But it’s also based on prevailing market conditions. Why would people fight for the last case of bottled water? Scarcity. That’s why. When a resource is scarce, people will fight for it. And they’re willing to pay any price for that resource. But that’s not the only psychological lever.
What happens when you find out there are only 6 hours left in a 50% off sale at your favorite electronics store? Doesn’t that ignite a fire within you to take action and make that purchase you’ve been eying for months on end? Sure it does. And that right there is called urgency. Urgency is an impending deadline. It can be authentic, but it can also be manufactured.
I’m telling you all of this for a very important reason. The only thing separating you from the money you want isn’t time. It isn’t your ability to work hard and clock in those hours. No. That’s not it at all. It has little to do with working hard or grinding around the clock. Think about it for a moment. How many people do you know who work really hard but never seem to have any money?
Making money, whether it’s fast or slow, has more to do with understanding the nature of money and how it works. And then understanding the psychological levers behind getting people to spend their money. Urgency and scarcity are psychological levers. But money is an exchange of value. As long as you can provide more perceived value for someone in exchange for money, you’ll never have trouble making it.
Make Offers
How does money move from one person to another? It happens through offers. An offer is an exchange of value. Money is created by offering someone value in exchange for their money. When an offer is so good, and it’s presented the precise way, people will feel downright stupid saying no to it.
Think about it in your life. Ever seen an offer that was so good you just had to buy the thing that was offered? Of course, you have. And you certainly have said yes to offers like that many times. But what makes offers so good and how can you use this concept to make money like clockwork?
What makes an offer so good is just one thing. It solves a problem. And it does it in a way that is so valuable that people can’t pass it up. There are so many elements of a great offer. I’m not going to cover it all here. If you want to understand how to construct a great offer then make sure that you read this.
But here’s the big takeaway I want you to learn. Don’t be afraid to make offers. Even if people reject you. Keep making offers. Do it again and again and again. Make more offers and make them better and better. Once you create the right offer, you’ll know it. Make the offer to lots of people. Don’t be afraid to do it. It’s okay if people say no. The point is that you keep making those offers.
This is not going to solve your money problems overnight. But it is going to help you solve them over time. Most people are caught up in the concept of working hard to make money. Instead, you need to make the right offers to the right people to make a substantial amount of money. It doesn’t mean you never work hard. You just work smarter.
#1—Sell & Pawn Your Stuff
The fastest way you can make money right now is to sell or pawn your stuff. There are so many ways to do this. You just have to pick one. Obviously a pawn shop would be a quick way to collect money but you will only get a fraction of what it’s worth.
If you have scrap gold or any jewelry that’s probably the quickest sale you can make. Most places will pay you close to value on gold because gold is easy to move around. If you have gold, take it to a place that buys gold and try to at least 90 cents to the dollar, if not more.
Depending on what you have available, there are tons of great resources for selling your stuff online. You can make money by selling your phone on Gazelle or Swappa. If you have clothes or other home items you can sell them on ThredUp or Poshmark. You can also use ebay, craigslist, or Facebook to sell things online.
#2—Rideshare & Deliveries
If you have a car or access to a vehicle then consider doing rideshares or deliveries. Most countries have rideshare and food delivery apps. If you’re in the US you can use Uber, Lyft, Uber Eats, Instacart, Door Dash, or Postmates. If you’re in Europe you can use Bolt, Wolt, and many others as well.
These are good when you need to make money fast because most will pay you every week and you can turn them on and off when you have the time. If you work a full-time job, this is vital. You’re not going to make tons of money doing this but it will help you get through some of the tough financial times.
Provide a friendly service here. Do something that’s going to differentiate you from others. Place a thank you sticky note on the bag if you’re delivering or offer bottled water if you’re driving people around. Come back to the concept of creating more value for someone than what they’re paying, even if you’re just doing simple rideshares and deliveries.
#3—Power Offers
The fastest way you can make a substantial amount of money is to create power offers. This is a concept popularized by Joel Erway. Power offers are small statements that you present to a large group of people to solve a problem you’re good at solving. You do not need to create any complex sales letters or systems for this. All you need to do is create a small paragraph that describes your power offer.
Power offers usually range from $3,000 to $50,000 and up. The better you are at solving a problems that people face, who can afford to pay to solve it, the more likely you’ll sell these. I love the simplicity in power offers. I love how you can create a simple statement and post it on Facebook, LinkedIn and elsewhere that presents an offer to people and can make you upwards of an annual salary in one afternoon.
The right power offer to the right audience can really move the needle. This is probably the fastest way to make money. Don’t worry about what people think. Most people won’t take you up on this. But you only need one or two people to say yes to make a difference in your life. You can learn more about power offers here.
#4—Dog Walking & Pet Sitting
There are several sites devoted to pairing dog walkers with dogs here in the US and in other countries. Here, the popular services are Rover and Wag. But there are others. If you love dogs, you should conisder doing this. It’s a quick way to earn a bit of money but it’s not going to move the real needle for you.
However, sometimes, dog owners will need you to pet sit as well. Those jobs pay really well and you can sometimes make hundreds or even thousands for a single pet-sitting job. You’ll stay at the home with the dog and take care of it while the family is away. You’ll need some great reviews on the app for this. So build up your reviews over time and make sure you provide a great service.
You can also use an app called Care for pet sitting long with babysitting and other nanny services. There are so many apps like this that bring caregivers together with people who need care. Some of these apps require screening like background checks and are only available in the US. Check the app store to see what’s available in your country or region.
#5—High Ticket Sales
High ticket sales is one of the best ways to generate an income fast that’s also sustainable for long periods. High ticket sales mean that you’re selling products or services for other people. This can be life insurance, hedge funds, mortgages, memberships, mentorships, courses, masterminds, and so on. This usually comes with some form of lead flow.
You’ll want to find something that pays at least $1,000 per sale. Then you really only need a handful of sales each month to make a difference. If you’re good at sales please consider doing this. It will set you up for sustainable income. Often, this can also be done remotely. If you’re good at sales there’s no reason why you shouldn’t be working in high ticket.
#6—Build Sales Funnels
There are so many ways you can make money using sales funnels. The fastest way to do it is to design sales funnels and post them in this marketplace for sale. Sales funnels are like the new websites because websites are dead. They offer too many options and usually lead to overwhelm. That’s why so many people are building sales funnels because they offer just one direct path for a prospect to take.
If you don’t know what a sales funnel is I would suggest reading this. The best part is this. You don’t need to be technical or a coder to do this. All you need to do is be savvy with design. Although that’s the fastest way to make money with funnels that’s not the best way.
You can use sales funnels to make money many different ways. You can create information products, sell services, create courses, become an affiliate, and so much more.
#7—Sell Services
One quick way to make money is to just sell services. You can sell all kinds of services on many types of sites. You can sell professional services on sites like Upwork or Freelancer. If you’re interested in doing lower-priced gigs you can use a site like Fiverr. You can use apps like TaskRabbit and Handy if you want to help people with household services. You can even wash and fold laundry for people using a service called Laundry Care.
You can also direct message companies on social media platforms like Instagram and TikTok to offer social media marketing services there as well. If you’re good at social media, you can use it to make a considerable amount of money and do it relatively quickly. Every company needs social media but most are not good at posting at all.