how much pocket money does a 15-year old get?
I can't even tell you -
I didn't get any pocket money when I was a child
Instead, I turned my hobby into buisness, you could say
and earned approximately 400€ a month with it.
and these are things that every one of you can do!
Everyone has a hobby,
everyone has internet,
at least I hope so,
a nd with this, every one of you can start right now
and earn 400€ a month!
and here I show you how it works!
"Silverskin - UNDERSTAND Gaming & YouTube
Everyone has some hobby,
To tinker, to play soccer,
to play any sort of games -
mainly playing games -
this actually works with every hobby I can think of,
so I can't think of anything that you couldn't get any profit from.
There are different options,
be it via making videos,
via selling or something like that,
or via online courses,
there are so many options,
I am talking about my experience in particular in this video,
and about my hobby.
If there is interest in other fields,
of course I will be making videos for that, too!
For example, I also have experience on YouTube -
I have been part of it for 5 years now -
but this will be another video's topic.
So my personal hobby is Yugioh -
Yugioh is a card game
that consists of different kinds of cards,
some have holograms which means that they are rare
and some are not.
and from this cards, you can build a deck,
and play against other duelists
or you can collect them and so on,
so there is a big market and a big demand of Yugioh cards.
and this must be given for you in order to make money.
With other topics,
if you, if you... no idea, if you are a girl,
and you like making yourself up,
then, one the one hand, you have the possibility
of making videos to this beauty thing -
I'm not too familiar with this topic -
these videos will be clicked,
or you buy make up somewhere and sell it again
the concept can be transfered.
With Yugioh, I have started when I was 6 years old,
so I have been playing it for like 11 years,
I started with fake and illegal cards,
we just played on the schoolyard without even knowing the rules,
the game inspired me, so I continued playing it,
And at some point, I started building a real deck, playing on tournaments and so on,
and since 4 to 5 years
I became interested in the buisness of the cards,
and thus I sell cards since 2013 now.
what you can learn from this already is
you can't start from scratch and expect to make money out of that.
So, for having a minijob as your hobby,
you have to get into it
and, most of all, you have to like your hobby.
You have to invest a lot of time.
And if this is your hobby, then it's fine becaue you do what you like
but with the time you invest in your hobby, you profit.
Many people think that a hobby is a thing that you have to invest into,
Especially with games like Yugioh where you have to buy new cards constantly,
or other card games,
payments are included or necessary for online games aswell -
and so on,
but it's exactly the opposite.
Because you are dealing so much with this topic as it is your hobby and you like it,
you have an advantage.
The invested time and passion that you put into the game, in my case Yugioh
gives you, what my uncle called, "island knowledge".
that is knowledge or...
a specialisation on a certain field that only few people know about,
Yugioh for example is a closed group already,
so if I deal with Yugioh cards
I focus on the group of Yugioh players or those who collect the cards,
and on top of that, because I know the buisness side of it,
I have a more specialized knowledge.
I am not only a player, but I know about price differences, demand and so on,
and this is knowledge that only a small group of people has, and thus "island knowlegde".
it is just a small group that focusses on this field.
and the smaller the insider group is,
depending on interest and demand,
you can become very successful with that.
So, step one - you need a hobby ( ͡º ͜ʖ ͡º)
Step 2 - you need some experience and to get into that
this shouldn't be a problem for your hobby -
and step 3 - you need to connect it to buisness.
this is the step that differentiates you from these casual players.
YOU want to make money out of that.
So, connect your hobby to a buisness model,
and then you have very specific knowledge.
In my case - I want to talk about my experience with selling Yugioh cards -
I buy cards from platforms such as Yugiohcardmarket
or I sell traded cards on websites such as Ebay
and my knowledge that only few people share is -
which cards have high demand on Ebay but not on other sites
which cards have the biggest price differents and which ones are sold fast.
These are things you need to learn at first -
at the beginning, you will struggle a bit, of course,
I earned around 30€ a month at the very beginning,
but this increased rapidly because I exactly knew
and memorized which cards are sold fast and which cards are most wanted,
And you need a bit of research there,
but this is done very quickly.
I have got some maths for example here, just a moment...
E.g, I started with 40€,
I invested this in cards,
and I bought more cards from these 40€ or sold some of my cards on top of that,
So let's say I had 40€ at the beginning.
The first step was searching for which cards bring the most profit.
or which cards I can trade fairly (please dont scam little kids for profit!)
which cards I can cheaply buy on Yugioh-specialized websites,
and sell these cards on ebay for a better price,
and the research is a work...
that may not be that much fun to do
but you just need to do this once. Then, you have your knowledge about what to sell,
And in my case, for 1 useable result...
10-15 minutes.
Mostly, I buy cards from 2,50€ - 3€,
and from these cards, I know that they are constantly sold for ~7€.
This means... 15 minutes of research and I have this knowledge
then I can use it 10 times, 100 times, as long as the price is up to date.
And this should be the case for, let's say, 30 sales of the card,
if you own more cards then more, and if you only get a few, then of course less,
Let's say just 10 sales.
So I invest 10 minutes,
buy a card for 2,50€,
ok, then I sell it for 6,95€ plus shipping,
minus 12% + 0,35€ Ebay and PayPal fees.
so I calculate costs that are connected with my earning,
so at first, I got 2,50€ investition.
and I got 6,95€ earnings.
from these 6,95,
0,83€ are fee.
and 0,35€ PayPal.
The shipping cost that sellers take can differ a bit.
I take 0,90€ shipping, for material, etc.,
some take 1€, some 0,80€, that differs and you can decide at the end,
like this, you can get some of your fees back in. I leave this for now and only deal with the item.
Fees and investment costs are 4,18€.
6,95€ - 4,18€ makes a total earning of 2,77€ per sale.
You would make 2,77€ by researching and selling this card once.
If you see things are going well, you buy and sell another 5 ones of it.
then you didn't earn 2,xx€ but 10,xx€.
Selling the card 10 times, you made +27€ at a research time of 10 minutes.
Buying and listing the item is a thing of 5 minutes at most.
So you can quickly make a decent earning there.
So if you want to transfer this to other topics,
let's say, you know much about make-up,
and you know a lip stick (color, whatever) that is popular
and you see you can buy it very cheap from overseas,
so you buy it like 10 times,
and sell it for 100% or 50% profit.
so you got your earnings, and if you see that the item is popular, sellings will go well.
of course, you have to re-invest,
but this will expand.
If you make 200€ profit once,
and invest 100€ back into cards,
make 200€ profit from this 100€, and this over and over on a monthly basis,
maybe you invest more some day and profit even more from that,
earnings will increase exponentially.
So this was a buisness model of buying and selling like I practice it with Yugioh,
Just look how you can transfer this to your hobby.
Of course, there are many more buisnes models,
e.g. with YouTube (which I am practicing here), but this will be topic for another video,
If there is interest for that, write it down in the comments, I'd love to know what you want to know!
And finally, I want to tell you that
you can only earn money from a hobby if you put work in it and enjoy that!
That's it for my experience, or how I can turn my hobby into money,
if you want to know other ways to generate income online,
let it be YouTube $$$ or anything else,
write that down in the comments aswell!
I am excited to hear your oppnion,
And see you next video hopefully! Bye!
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