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You are in a lockdown situation for your safety. That doesn’t mean your income also has to suffer during these times.
Then shall there be a way to earn 1000 Rs. per day for stability even when you can’t move out?
Are you looking to generate income through an additional source? Is it even possible to earn 1k per day regularly?
Well, if you are willing to put in the effort, anything is possible.
Read along with this blog when you are stuck in a pandemic or lockdown situation and learn how to earn 1000 Rs. per day.
Monetise your cooking or baking skills at home:
There is a way you can earn through this pandemic for you all cooking daily in this lockdown!
How is that? You wonder.
You feel you are an excellent cook but are not given credit? Well, even better, you can now monetize this talent.
If you have confidence in your cooking, prepare meals for people in and around your society/area with all necessary COVID-19 precautions. You can also help COVID-19 patients by supplying them with healthy, safe, and nutritious food items at nominal rates.
How to do it?
Decide the cost of each meal.
If you quote Rs. 100 to 10 regular clients per plate, it’s easier to earn 1000 Rs. per day. You can later tweak the price to a lower frame to adjust the earnings as per the aggregated demand.
However, if it reaches a certain milestone, you can increase the price. That’s when you have to hire more workers or chefs in your team.
However, to cook meals every day for 10-15 people, you must have an idea about their diet. For this idea to work in your favour, have an experience of cooking for 4 to 5 people in your house.
Market the launch of your meal service.
Prepare a pamphlet using any online editor and post it on social media along with your contact number for promotion. This step helps increase your reach in the locality or the neighbourhood.
Give the right details and be courteous.
Give the contact details which are genuine. Be ready to pick up random calls. Or else, be available on WhatsApp for answering queries about the menu, cost, and the time of delivery.
You need to be humble to unknown people asking for different menu items. You cannot panic when a Covid patient asks for a nutritious meal in your society or neighbourhood.
Be cautious of things while preparing meals.
- Stick to a limited no. of orders, or you can take orders of only COVID-19 affected patients (so that you also help the society). This decreases raw material requirement and food wastage.
- You need to work on getting some disposables: Tiffin, Boxes, or Thalis from a nearby store to pack your food.
- For delivery of meals to neighbours, take help of someone in your house. The person delivering the meal should follow all the safety and precautionary measures, though.
Also Read: Can You Grow Financially Independent Before 30? But How? (popularity.world)
Monetise your professional or creative expertise:
Are you a professional? or an expert at something?
You love to bake? or are you an expert at playing an instrument? Are you a professor/teacher? or a medical professional?
If yes, you can use this talent or skill to your advantage to earn Rs. 1,000 or more every day!
If you are into baking, you can follow the steps given in the previous point, keeping your food quality, prices and baking skills excellent.
You have been playing Guitar, Keyboard or a Tabla for ages and you feel you are good at it. Then, it’s time you either start an online band, online teaching classes on Zoom, Google Meet, Hangouts, Skype, or other famous conferencing platforms.
How to do it?
Make an online profile.
It must showcase the intensity and goodness of your talent. It can be a professional website, creative profiles on social media: Instagram, FB, Twitter, or YouTube.
Also, set up a professional profile stating your rates, time of delivery, and contact details. Examples are Freelancer.com and Upwork.
Study the market of your competitors.
Know how much others are charging for their expertise. Quote your prices accordingly. The prices for offering your creative or legal talent must not be under or overvalued.
That’s why marketing study is necessary, even if it’s online. It gives you the reality check to earn 1000 Rs. per day promptly.
Ask for testimonials or reviews.
Every expert needs testimonials and reviews. It’s the way to impress and influence outsiders. Without testimonials, it’s difficult to pitch your talent as an authentic one. So, while setting up a professional profile or service, you need at least 10-100 reviews.
You can ask your friends, families, ex or current colleagues for this favor. Some social media platforms call these reviews as endorsements (LinkedIn), reviews (Freelancer, UpWork, Google Play). While, you can upload testimonials on your professional and personal website.
These reviews in the public domain push your visibility to the next level. It makes you pass through the cut-throat competition online existing in your domain of expertise.
Often, new customers would like to know the quality, speed, and after-sale services you offer through the latest reviews. That’s before they become loyalists for you to earn 1000 Rs. per day smoothly.
Ensure that the reviews must not be fake. These reviews must be genuine, relatable, and constructive.
Be self-motivated and self-disciplined.
Whether it’s a musical instrument or technological help, digital marketing, or content writing, you should have a discipline. Without discipline, you won’t pitch and offer services regularly to your customers.
To earn Rupees 1,000 each day, you need to serve the client the services of that value every day. For that, you need motivation, discipline, and the importance of time & your services. Don’t take these attributes for granted to earn such monetary value each day.
Keep the orders small to maintain quality.
As an example, a three-student class Rs. 350 per student every day will let you approximately earn 1000 Rs. per day during a lockdown.
And when you operate such small orders or batches, you pave the way for focus to seep in. Easily, the quality of the service enhances. Each student will be more satisfied with your teachings.
Similar is the case when you want to serve clients by helping them grow their business with your expertise. Instead of handling 10-30 clients at once, and thinning your talent further, focus on 3-6 quality clients daily to earn Rupees 1,000 per day easily.
Other examples include being a medical professional or a healthcare expert. Then, you can take live counselling sessions of people in distress and charge the fees per session.
Also, if you are a Yoga teacher/fitness expert, take fitness sessions in smaller batches. Conducting them online allows for the benefits of staying healthy and having a good immune system indoors during a pandemic.
Also Read: 6 Traits That Help You Jumpstart Work For Self Attitude In Life – Popularity
Invest and earn handsomely through stocks or cryptocurrency:
Lately, there is a tremendous opportunity of earning enough money daily by staying at home and having some time in hand.
Yes, I’m talking about the stock markets. Well, many of you would say it’s a gamble!
But no dear, by years of experience, I conclude that it’s just a matter of practice, experience, backtesting, knowledge and psychology.
Keep some pointers discussed below in mind while trading in stock markets to successfully earn 1000 Rs. per day.
How to do it?
Study the market and risk-return ratio.
- Be completely focused on the stock/index/crypto you want to trade in and educate yourself about it.
- Study it inside out; using technicalities, fundamentals and the latest news on that asset class of the day.
- Always keep a minimum Risk-to-Reward ratio of 1:2 in your favour. Don’t trade at a lower Risk-Reward Ratio.
- Fix a minimum amount you are willing to lose if the trade goes against you. Say, 500 rupees maximum for the day.
- Fix the amount of profit to a minimum of 1,000 Rs. Once you see it actually coming in during the day, exit your position.
And that is how you will be able to earn 1000 Rs. per day through these asset classes such as stocks, crypto, mutual funds, commodities, and more.
Hire a financial advisor.
Simply knowing about stock markets and cryptocurrency might confuse you initially. You need an expert yourself from the beginning of the trade.
You can either hire a financial advisor, fund manager, or financial analyst on a profit or transactional basis. Otherwise, you decide to work under such a fund manager for the short term. That’s only when you have the self-confidence to learn the tactics of the market pretty quickly.
That can be about 2 weeks to 2 months. It’s all up to you. If you can wait a few weeks or months to earn 1000 Rs. per day, go for it. This way will only help you earn exponentially well and make you self-reliant in the long run.
Also Read: Sustainable Startup Culture Tips For Young Indian Entrepreneurs (popularity.world)
Conclusion On How To Earn 1000 Rs. Per Day!
Despite cooking/baking, selling your expertise, and trading in stock markets, there are multiple small and micro business ideas. They help you earn 500 to 5,000 Rupees per day. But the risk with the business ideas increases too.
Note: We will be discussing them step-by-step or in detail in the coming weeks for better online exposure to earn more.
However, these three core methods have been tried and tested by the ones in my social circle and me. So, to earn Rupees 1,000 every day, you can start with zero investment today. You just have to be skilled in one work or another.
To know that, self-assessment and analysis are also necessary. And once that’s done, you can look into this blog again. Refresh your memory and the ideas listed above for your continuous monetary benefits during lockdown or curfew situations.
Other References:
MoneyMint – Earning 1000 per day in India
Quora Q/A – Working and earning Rs. 1000 per day online
Footnote:
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Great thought
thank you dear
Hi such a great content thanks for publishing.