Summary of "PROVEN Ways To Earn Rs 1 Lakh / Month For Students | Vaibhav Kadnar"
The video by Vaibhav Kadnar presents three proven business ideas for students to earn ₹1 lakh or more per month through practical, implementable methods rather than get-rich-quick schemes. Each idea is explained with its concept, step-by-step execution, and income potential.
Main Financial Strategies and Business Trends
- Automation Service for Small Businesses
- Concept: Automate repetitive, time-consuming tasks (e.g., appointment booking, order tracking, invoice generation) for small businesses using no-code tools.
- Market Insight: Small businesses need automation to save time and focus on growth. No-code platforms make automation affordable and accessible.
- Execution Steps:
- Identify business pain points via surveys and direct conversations.
- Learn no-code automation tools (e.g., Udo, Zapier) starting from free plans and simple projects.
- Build a portfolio with demo projects showcasing automation solutions.
- Acquire clients via freelancing platforms or direct outreach.
- Deliver quality results and upsell monthly maintenance and new workflows.
- Income Models:
- Project-based: ₹1,000 to ₹50,000 per project; 2-4 projects can reach ₹1 lakh.
- Retainer-based: ₹10,000 to ₹15,000 monthly per client for ongoing maintenance.
- Scaling: Create reusable automation templates, work with international clients, and hire a team.
- Additional Advice: Financial knowledge (USCMA or ACCA certifications) is crucial for profitability and business growth.
- Game Testing and Beta Testing
- Concept: Earn money by systematically playing and testing games before release to find bugs, glitches, and provide user feedback.
- Industry Trend: India’s gaming industry is rapidly growing, increasing demand for testers.
- Execution Steps:
- Develop a critical mindset for bug detection and documentation.
- Create and optimize profiles on crowd testing platforms (Play Test Cloud, User Testing, Test IO, Upwork).
- Pass qualification tests on these platforms by providing detailed, clear bug reports.
- Directly approach indie developers or studios via Discord, Reddit, LinkedIn.
- Build a portfolio of test reports and feedback for credibility.
- Income Pillars:
- Crowd testing platforms: Earn ~$10 per test; realistically ₹40,000/month.
- Freelance/direct developer contracts: ₹1,000/hour for specialized projects.
- Specialized testing (localization, performance): Additional ₹15,000/month.
- No coding required, just good communication and understanding of games.
- Discord and Community Building Services
- Concept: Create and manage online communities on platforms like Discord to help brands engage and retain loyal customers.
- Market Trend: Growing demand in sectors like gaming, tech, Web3 for community management.
- Execution Steps:
- Become a Discord expert: master server setup, roles, permissions, bots, moderation.
- Build a personal portfolio by creating and managing a niche Discord server.
- Find clients via freelancing platforms and direct outreach to startups, streamers.
- Deliver services through goal discovery calls, server setup, content planning, and active moderation.
- Scale by automating tasks, hiring moderators, and offering premium services (custom bots, event management).
- Income Breakdown:
- Monthly community management fees: ₹20,000 to ₹35,000 per client.
- Server setup fees: ₹10,000 to ₹30,000 per setup.
- Handling 3 clients can easily generate ₹1 lakh per month.
Additional Insights
- Mindset & Consistency: Success requires patience, consistent effort, and the courage to take action.
- Financial Education: Courses like US CMA and ACCA offered by Zel Education can enhance business and financial acumen, helping students run profitable ventures and open global career opportunities.
- Scaling & Professional Growth: Emphasis on creating scalable models, building credibility through portfolios, and leveraging online platforms for client acquisition.
Summary of Methodologies (Step-by-Step Guides)
Automation Service:
- Identify business pain points.
- Learn no-code automation tools.
- Build portfolio with demo projects.
- Acquire clients via freelancing or direct outreach.
- Deliver results and upsell maintenance.
- Scale through templates, international clients, and teams.
Game Testing:
- Develop bug-spotting mindset.
- Create profiles on testing platforms.
- Pass qualification tests.
- Approach developers directly.
- Build a portfolio of test reports.
- Specialize for higher pay.
Discord Community Building:
- Master Discord features and community psychology.
- Build a portfolio server.
- Get clients via freelancing and outreach.
- Deliver structured community management.
- Scale by automating and hiring moderators.
- Offer premium services.
Presenter/Source
- Vaibhav Kadnar
- Mention of Zel Education for finance courses
Category
Business and Finance
