7 Ways for Indian Students to Make $1000 a Month in 2023: A Comprehensive Guide

As an Indian Student, it becomes a hectic task to even consider making money. However, undeniably enough, it’s still a necessity for most of the students out there. You may be looking to make ends meet, perhaps you wish to buy more books, some fashion accessories to groove at the Uni, or maybe a weekly treat out with friends, Everything NEEDS money!

..But again, there’s a huge crisis of time bearing down on the students. The clock is always ticking & you have to make the right decision- ‘Money’ OR ‘Grades’?

Haha- You don’t have to worry about making a mistake anymore. In today’s article, we’ll take a look at everything you need to know as a Student about Freelancing, and how to make money efficiently WHILE saving enough time to Study & Hang out with your friends. YES, it’s very much possible & you’re just about to find out everything about it. 

There are tons of ways to make money, (we’ll look into them later in this article), but first, we’ll be exploring Freelancing in-depth.

Contents of the Article-

• 7 Ways for Students to Make $1000/Month in 2023

• How much time can it take to achieve $1000 a month as a Student?

• What is Freelancing- An Introduction

• Relevant Skills to Master for Freelancing Success in 2023

• Conclusion

7 Ways for Students to Make $1000/Month in 2023

We’ve already discussed Freelancing and the skills you’ll need to learn for freelancing success in 2023. Now’s the time we take a look at the 7 Ways for Students to Make $1000/Month in 2023.

1. Social Media Marketing– This business model has existed for quite some time now. Some might even say it’s a little saturated, but we advise you otherwise. Not only is the learning curve relatively shorter than most things, but the time taken to reach your goals can also be potentially less while still being scalable. As long as you follow the updated advice of the real agency owners & stay consistent, you’ll eventually find success. Check out our advised FREE Resources.
2. Influencer Marketing– This doesn’t mean you need to buy fancy clothes & become an Instagram Model, in fact, you can make it into anything you really enjoy doing. This can be playing a certain sport, reading booking, you name it! All you need to do is consistently post content online on social media platforms, and eventually, you’ll realize you’ve built an audience. This is when you can start receiving brand promotions, Inbound work, etc.
3. Content Creation & Social Media Management– So let’s say you aren’t into the idea of becoming an influencer but still can create amazing content. Don’t worry, you can just start creating content on behalf of other big creators who have the need to delegate this type of work. All you got to do, is create some samples for each creator you wish to target and start sending them the work that you’ve made exclusively for that creator & Wait. They’ll reply & you’ll eventually find someone who’s really interested.
4. Affiliate Marketing– Affiliate Marketing has got to be one of the best in terms of Passive Income. Although we don’t recommend you pursue this until you have some money saved up to run ads, you can still start performing affiliate marketing as a content creator, influencer, agency owner, being Anybody really. The gist of Affiliate Marketing is referral links. This can be Amazon products, your favorite brands, or maybe a tech product. Essentially referring products to an interested audience, in return you earn a commission. You only worry about the sale, nothing apart from that.
5. Instagram Pages Flipping– The best part about this is that you can get started without any investment, although the fast-paced path required some investment. Instagram Pages Flipping is all about growing & selling Instagram Pages. The FREE path would be creating Instagram Pages, growing them to an audience, & later selling them for a certain sum of money to the highest bidders. The Paid and faster path would be buying Instagram pages, growing their worth by growing their audience, and later selling them for a profit. This isn’t a scalable business, but you can potentially make a LOT of money off it. As you sell more pages, you buy some more, and keep this cycle running!
6. Sneaker Reselling– We’re sure you must be aware of the hype in the Sneaker community across the world, let alone India. Everyone’s looking to buy the latest, baddest sneakers! Here, you can monetize this opportunity by stocking & collecting original sneakers from manufacturers or owners and selling them for a profit once their price or value increases. Although you don’t need tech skills for this, you’ll need to understand the business model & learn to build the habit of studying trends before making the purchase decision behind a sneaker. Sell it to friends, online, Wherever you can find Sneaker-Heads looking to spend a fortune!
7. Dropshipping– Some might go as far as saying dropshipping doesn’t work anymore, it’s a saturated industry- but they’re wrong! In fact, if done right, now’s the best time to start dropshipping & selling products. You don’t even need a lot of investment, it takes as little as enough to buy a domain & hosting, & maybe a few select other purchases and that’s beyond enough for an absolute beginner. Be sure to watch Dropshipping trainings & understand the E-Com Business Model before you decide to step in. Souled Store, Bewakoof, all started as Dropshipping/Print on Demand stores, and look where they are right now! Cater to your audience the right way, and we assure you, you’ll find success.

How much time can it take to achieve $1000 a month as an Indian Student?

When it comes to making money as an Indian student, one of the most common questions is: how long can it take to achieve $1000 a month? The answer to this question depends on various factors, such as the method you choose, your skills & experience, and the amount of time you can dedicate to it.

If you’re starting from scratch and have no prior experience, it might take longer to reach the $1,000-a-month mark. However, if you have some experience or skills in a particular area, you can leverage them to start earning money sooner. Here are some estimates for how long it might take to achieve $1000 a month using different methods:

• Freelancing: If you’re skilled in writing, graphic design, programming, or other in-demand areas, you can start earning money as a freelancer in as little as a few weeks. However, since it isn’t a job, it might take a few months to build up a steady stream of clients & projects.

• Flipping Businesses: We can say flipping businesses can potentially earn you tons of money if you do them right. It’s not a traditional method of making money, so it might take you a little while to get a hang of flipping, however, once you understand how it’s done, it’s a matter of weeks or months. Don’t forget, this again isn’t a job, but rather a business, so it might take you a few months to build up a steady stream of sales & good market reputation.

• Selling products online: If you have a knack for creating products, selling Print on Demand Products, or maybe you’re into ECom for Dropshipping, you can make a ton of money. The margins can be higher or lower depending on the business model you pick. Depending on the product, it might take a few weeks to a few months to set up your online store & start getting customers.

It’s important to note that these estimates are based on average timelines and your actual results will most likely vary depending on your individual circumstances. However, regardless of the method you choose, it’s important to be consistent & persistent in your efforts to make money. Set achievable goals for yourself & track your progress regularly.

Actionable advice: If you’re serious about making $1000 a month as an Indian student, start by identifying your skills & interests. Research different methods of making money online and choose the one that aligns with your strengths. Set a realistic timeline for achieving your goal and create a plan of action. Finally, be consistent in your efforts and track your progress regularly to stay motivated.

Now, let’s take a look into Freelancing & Understand What is Freelancing, later explore the Relevant Skills You Must Master for Freelancing Success in 2023.

What is Freelancing- An Introduction

In a “Students Edition” nutshell, Freelancing is basically just a Work-Setting where you are 100% Self-Employed & Offer your Skills as Services in return for money to your clients on a project basis. The fundamental way to approach Freelancing as a Student in 2023 is just to keep it Remote, which means working online for a business entity that can exist anywhere on the globe without you having to be physically present there.

You can offer your skills as services in multiple ways- Creating Gigs, Looking for Freelancing Projects that other firms are seeking, spreading the word in your own network perhaps, and documenting your journey online to receive Inbound Projects (projects that you are invited to.) 

Apart from potentially making you a TON of money, Freelancing has dozens of benefits- You get to explore global markets, Solve real-world problems, Diversify your Portfolio & Experience, Connect with other freelancers, and best of all, it helps you Upgrade & Learn Money-Relevant Skills, apart from your academic curriculum.

If we’re being honest, Freelancing is a very simple approach to money. It’s very doable, and provides you with a possible active source of income, but don’t mistake it for something EASY. Reaching Milestones & Breaking Records takes time, so we advise you to stay consistent, work hard, & patient with the process. You’ll be thanking your future self in a few months!

Relevant Skills Every Student Needs to Master for Freelancing Success in 2023

Choosing the right skills is vital to ensure that you’re relevant in the market, & can potentially make big bucks on the internet. Although there are dozens if not more skills that are highly relevant and lucrative, we’ll be looking at 5 such skills that have a shorter learning curve, a lower barrier for entry, & you won’t have to invest a ridiculous amount of time as a student. Here are the Top Relevant Skills of 2023:

• Coding & Programming: This includes Web-Development, App Development, Designing, and a bunch of other cool stuff. We’re aware that the learning curve for coding & programming is relatively longer, however, students who are already pursuing similar skills will not face any issues. This skill will also complement your portfolio and work experience as a student.

• Graphic Designing: This includes creating UI/UX Interfaces, Logos, websites, etc. With the help of easy-to-use software such as Canva, you can leverage this skill and save a ton of time on service fulfillment. Spend more time learning about the fundamental of designing as well as client acquisition, the software is relatively easy. 

• Content Writing: Writing Blog Posts, Social Media Content, etc are a few examples of what falls under Content Writing. As a content writer, you must understand and learn SEO, Keyword Research, look into current trends, and hone your story-telling skills.

• No-Code Development: This is new. No-Code Development essentially means creating & designing software, websites, & apps using 3rd party software that help you build software using drag-and-drop functionality. For this, you don’t need to learn to code, just look into the newest trends. This includes WordPress, WebFlow, Bubble, etc.

• Video Editing: Assuming that you have a laptop with 8GB of RAM or higher & preferably a graphic card, Video Editing is an amazing skill to get your hands on. You can pick a software out of the top ones, this can mean Premiere Pro, DaVinci Resolve, etc, and check out a few tutorials on YouTube & you can get started. No, you won’t become a master in 1 day, but you don’t need to be either. You just need to be ‘good enough’ and get your way up to the top.

You can feel free to pick any of these skills and start looking for clients online. Now, the question arises- Where can one find Freelancing Clients online without wasting time? Don’t worry, this is where Freelancing Platforms come into play. We’ve created a dedicated article about Freelancing Platforms for Students as beginners so be sure to check that out. Alright, now’s the time to take a look at the other ways to make money in 2023.

Conclusion

In conclusion, making $1000 a month as an Indian student is achievable with the right mindset & approach. In this comprehensive guide, we’ve outlined 7 practical ways for Indian students to start earning extra income in 2023. Whether you choose to start Freelancing, Selling Products Online, Flipping Instagram Pages or sneakers, Affiliate Marketing, or perhaps something else, there’s a method that’s suited to your skills & interests. All you need to do is do some introspection, understand what you’re interested in the most, and make a plan.

It’s important to keep in mind that making money online requires hard work & dedication. You’ll need to be consistent in your efforts & continuously seek out new opportunities to grow your income. But with persistence & patience, you can achieve your goal of making $1000 a month.

To recap, here are some key takeaways from this guide:

• Identify your skills and interests and choose a method that aligns with them.
• Set achievable goals and create a plan of action.
• Be consistent in your efforts and track your progress regularly.
• Stay motivated and don’t give up, even if you don’t see immediate results.

By following these tips and putting in the effort, you can start earning extra income as an Indian student in 2023. Remember, making money online is a journey, not a destination. Keep learning and growing, and you’ll see your income increase over time, & don’t let entrepreneurship get in your way of studying! Alrighty folk, Good luck until next time!