Man, 30, shares side hustle that makes £1,000 a day on ‘autopilot’
Jeevan Singh, 30, is earning £1,000 a day with his side hustle and says he’ll be able to retire early.
By carefully building his craft, he has made more than £2.5million in five years date and hopes to continue building his business.
The London graduate wanted to earn a living without trading his time so took to the internet for some inspiration.
At 18 years old he Google searched ‘how to make money online’ and saw a 14-year-old who was making £300 a week off an e-book.
Mr Singh was inspired by this man, especially because of his age – being four years younger. He was determined to achieve success just like him.
He told The Sun: “I was stunned and I thought, this kid is only 14. I’m 18 so I need to get a move on.”
Mr Singh published his first e-book at the end of 2012.
His e-book was a 20-page piece on something he had experience with – passing university.
In the years that followed Mr Singh kept adding onto the book – which guides students on how to pass GCSE maths in four weeks – and printed a hardback.
He explained that his sales are seasonal as most students parents and teachers buy books during exam season, but this is enough to sustain him throughout the year.
He continued: “Right now, it is making on average £2,000 in sales and £1,000 profit per day.
“I choose to work full-time because I am always looking to improve my operation, help my students even more and grow the company further. But I can work part-time if I want to.
“In fact, on some days, I do only work four to six hours because I have systems in place.
“All I need to do is check the social media ads a few times a day. Other than that, a lot of it is run on autopilot.”
Mr Singh has made £2.5million in five years which is an income of £1000 (as a minimum) in sales every day for the past five years or £30,000 per month, every month for the past five years he calculated.
When asked about his future Mr Singh explained he had no big plans for all his earnings – other than potentially an early retirement.
He concluded: “I’m quite a frugal person. I’m thinking more long-term so money has been saved up and looking to re-invest in other cash-generating vehicles soon so I can fully retire by 35.”
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.