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- ๐ธ Get college students to pay you $50
๐ธ Get college students to pay you $50
and use AI to do the work
GM. Welcome to Work "After" Work. The newsletter that throws the same old business advice out the window and gives you fresh new perspectives for success.
What we got for ya today:
๐ Resume writing business
๐ Meme of the day
WHETHER YOU LIKE EM, OR HATE EM - EVERYONE NEEDS EM ๐คทโโ๏ธ
What do you need when you're applying for a job? Yep, you guessed it - a resume. You and everyone else, which is why today's side hustle: revising/writing resumes could be big. Looking at you college students ๐
Since resumes apply to everyone you're looking at a TAM (total addressable market) of the entire college population - 20 million students in the US and 235 million worldwide.
Why are resumes so important? Let me break it down for you. You need a resume only as much as you need a job... and in college, that's pretty much everyone.
Resumes are what get you the interview at your dream company
Resumes help employers understand why you are the right candidate for the job with a quick glance
Speaking about a quick glance, on average, recruiters do a 6 second scan to see if you're worthy of an interview. That's almost as quick as I run to the store when there's a buy one get one free for Ben & Jerry's.
With this lightning fast reviewing, resumes need to pop out.
And letโs be honest, most kids have no idea how to write a resume. Trust me, speaking from personal experience, I was once a college kid and mine wasn't the best. I was lucky to have friends who knew what they were doing and it landed me two internships.
But if I didnโt have them, I would have paid someone to help me out because wording matters.
Why is a great resume so valuable? Aka: why would someone pay you to help them?Because a better resume means an interview with a better company. A better company usually comes with a better salary and a better career. I promise I won't say that word anymore.
Now, how much could you realistically make doing this?Let's do some quick math.
Assume your pricing is setup like this:
$20 for editing resumes - correcting formatting and wording
$50 for building resumes from scratch (for the kids who are completely lost)
Two clients a week at $20 makes you $80 a month for what you're going to see is pretty easy work.
Throw in a few resume builds at $50 a pop and you're making hundreds a month.
And you can make this side hustle as big as you want it to be. Go crazy and reach out to students who went to your school offering to help or keep it small in your social network, up to you.
Think you can't help people build/perfect resumes? Think again. I have a free easy way you can help people and learn more as you go.
HERE'S HOW TO GET STARTED
1. Open your eyes
If youโre in college, every student is a potential client. Some big state schools have north of 30,000 students. Take advantage of this.
As you move through classes and talk to classmates, especially if youโre a junior or senior, everyone is looking for an internship and needs help with their resumes.
Offer to help make their resumes pop to get more interviews. There are a lot of lazy college kids who don't want to do the work but want the outcome. That's fine, but make them pay.
And if you're not in college anymore, you can still do this. If you have connections to your school, reach out to students on LinkedIn or through teachers. Or post your skills on Fiverr like this person.
2. Learn the basics
Don't worry I won't lead you on a scavenger hunt.
Resumes really boil down to two things: format and wording. Here's how to be good at both.
#1 Power words
What are power words?They're the words that mean something, show you made an impact. Not words like "did" and "thing". Be descriptive, use metrics as much as possible, and consider these power words:
#2 Format
One bad looking resume and the recruiter won't even read it. Even though it has no words, bad format speaks volumes.
It shows you haven't put in the effort to make it look professional and most likely don't know what you're doing or are lazy. A student might have great content but bad formatting, fix that.
Here's an example of good vs bad:
Biggest takeaway: Always fill up the page!
3. Use ChatGPT
AI is your friend. Just recently a buddy was asking me to check out his resume and I just asked ChatGPT a few questions about AWS and it gave me a ton of recommendations.
Heโs a computer science major, check this out ๐
Also, don't be afraid to use Grammarly - it's free!
MEME OF THE DAY
when the furniture assembly instructions arenโt clear
โ Trung Phan (@TrungTPhan)
9:43 PM โข Jan 5, 2023
That's all I got for ya today folks!
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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