Achieving $10,000 in just one week may sound ambitious, but it’s not outside the realm of possibility with the right strategy and a bit of hustle.
Whether it’s through leveraging your existing assets, finding opportunities in high-demand services, or tapping into the growing trend of AI side hustles, there are numerous avenues you can explore to reach that five-figure sum in such a short time frame.
It won’t be easy to make 10k in a week.
Especially when you take into consideration that most U.S. full-time wage and salary workers make a median weekly earnings of $1,118.
But if you have enough grit and determination to reach your goal, then there’s nothing that can stop you from making it happen!
SoFi Bank – Earn an up to $325 sign up bonus when you open a free Checking and Savings account. Then get paid $75 per person you refer to SoFi.
- How to Make 10k in A Week
- Identify Lucrative Side Hustles for More Opportunities
- How to Double 10k Quickly
- Final Tips to Consistently Make $10k Per Week
How to Make 10k in A Week
When exploring how to make 10k in a week fast, one of the best opportunities is to leverage digital platforms for quick income.
So I’ll start there!
1. Profit from Your Knowledge
The fastest way I’ve ever made $10k in a single week was by selling my knowledge via a one page website known as a sales funnel.
It was exciting. It was an adrenaline rush, and it was something I never thought possible until the day I actually did it.
You may not think so now, but you have knowledge that others are willing to pay you good money to have.
Take for instance Russell Brunson, who generated $100k in DVD sales by selling his knowledge on ‘How to Create a Potato Gun’ via a sales funnel.
It seems small and insignificant to think that anyone would buy such a thing, but it’s a matter of mindset that creates the desired outcome.
It was from Russell Brunson that I learned how to package and sell my knowledge of how to sell on Amazon back in 2015.
Here’s how you can do the same to make $10k this week.
- Start by identifying a product or service that addresses a specific need or problem (such as this guy who sells his knowledge to basketball players on how to jump higher and learn how to dunk!)
- Next, create a compelling sales funnel and marketing materials that effectively communicate the benefits of your product or service.
- Then, use targeted free social media marketing to drive traffic to your funnel.
- Finally, optimize your sales process with email marketing and follow-up strategies to convert more people into paying customers, aiming to reach or exceed your $10,000 in a week goal.
Join thousands of entrepreneurs creating their first money making sales funnel in the One Funnel Away Challenge here!
2. High Risk Stock Trading
I’m going to start off by saying that I would not recommend you go into high risk stock trading. But since I’m discussing how to make 10k in a week, then this is a legitimate idea, albeit a risky one.
First things first, understand that the stock market is volatile.
You can make 10k fast, and you can even double your 10k quickly by being a savvy, well-informed trader.
On the other hand, stock trading involves significant risks that can result in substantial losses.
So if you’re considering this method, please don’t go into it lightly without weighing all risks and how it may affect you.
Below are some strategies that traders might use, but it’s crucial to understand that these methods are speculative and can result in substantial losses.
- Day Trading: This involves buying and selling stocks within the same trading day. Day traders aim to capitalize on small price movements in highly liquid stocks. They often use a substantial amount of capital and leverage to amplify their gains.
- Margin Trading: Using borrowed money to invest in stocks can amplify gains. However, this also amplifies losses and can lead to significant financial risk, including the potential loss of more than your initial investment.
- Short Selling: This involves borrowing shares of a stock and selling them with the hope of buying them back at a lower price. It’s a risky strategy that bets on a stock’s decline.
- Options Trading: Options can provide high leverage, meaning you can control a large amount of stock with a relatively small investment. A successful options trade can yield substantial returns, but the risk of losing the entire investment is also high.
Get a FREE Stock worth up to $200 with the Robinhood stock trading app sign up bonus offer.
3. Extreme Couponing to Resell Stockpile
Making $10,000 in one week through extreme couponing and reselling your stockpile is challenging, and requires a significant amount of planning and effort.
I’ve often considered getting into extreme couponing, especially after watching couponing YouTubers such as Star Smith successfully do this.
But with so many ways to make money online, including starting this passive income affiliate site, I’ve set this aside as an idea to try out at a later time.
The way this works is you use couponing apps like Fetch and Ibotta, manufacturer’s coupons, retailer loyalty programs and special offers to get hundreds of dollars worth of free and discounted products to resell.
Stock piles can be priced for quick sales and be sold at garage sales for cash, on eBay and other similar marketplaces.
You should also be someone who is extremely organized in order to properly stack coupons and get the best possible deals.
If that sounds like you, then here’s how to start extreme couponing.
- Research and Collect Coupons: The first step is to collect a large number of coupons. This can be done by subscribing to manufacturer’s lists, using coupon apps and websites, joining coupon exchange groups, etc. Digital coupons and store loyalty programs are also a rich source of coupons.
- Strategic Shopping: Use coupons to purchase items at the lowest possible price. This often involves waiting for the right sales at grocery stores and stacking rebate rewards. Also try combining coupons with existing sales and purchase products with cash back gift cards to maximize savings.
- Building a Stockpile: The goal here is to acquire a substantial amount of goods for free or at a fraction of their retail price. Focus on items that are in high demand and easy to sell, such as non-perishable groceries, toiletries, cleaning supplies, and personal care items.
- Reselling the Items: There are various platforms where you can resell your stockpile, such as eBay, Facebook Marketplace, local flea markets, or garage sales.
- Scaling Up: To reach a high profit quickly, you’ll need to scale up this operation, which might involve getting others involved to help with sourcing, storing, and selling.
Get started by downloading Ibotta and receive an instant $5 bonus when you submit your first receipt!
4. Explore High-Paying Apps
Your phone isn’t just for social media and games. It’s a tool to pad your wallet.
For instance, many people download high-paying apps such as Swagbucks and Field Agent to complete small tasks and earn $100 dollars a day.
But there’s actually a better way to make 10k in a week with high-paying apps. It’s with their refer and earn program.
Take the SoFi banking app as an example.
The SoFi referral program will pay you $75 for each person you refer to them that opens a free checking and savings account.
That means if you refer 134 people to SoFi Checking and Savings, you’ll earn $10,000 instantly!
The good news is that your referrals will also earn a free money sign up bonus for simply trying out SoFi bank.
I can tell you from experience that giving out free money is not a hard sell. In fact, I’ve turned it into a full-time income doing just that!
I even wrote a complete article on how I did it and made $30k fast with high paying app referral programs.
Here’s the quick run-down of how to make 10k in a week with app referral programs.
- Research high-paying apps that pay you to refer friends.
- Sign up to the highest paying apps and get your referral link or code.
- Share your referral links on social media with short-form videos, through word-of-mouth, via affiliate websites and more to reach $10,000.
Learn How to Build a Profitable Affiliate Website
(Free Step-by-Step Video Tutorials to Making Money with a Blog!)
5. Start an AI-Assisted Blog
Blogging has been a long standing method used by many digital entrepreneurs to make a passive online income. Yet the main drawback has always been the amount of time it takes to start making money with a blog.
With AI, there’ve been significant changes that now make earning $10k fast with an AI-assisted blog a real possibility.
AI tools such as KoalaWriter, which I use on this blog, will generate complete original blog articles at the push of a button.
These AI blogger tools will generally also connect to your publishing platform to seamlessly auto-publish AI written drafts to your website.
The technology has enabled bloggers to publish hundreds of monetized blog posts quickly and efficiently!
However, this isn’t just about churning out articles. It’s about creating a resource that ranks high and draws organic traffic.
Your writing assistants powered by AI can help you generate fresh, SEO-friendly content quickly when leveraged properly.
In my $500 per day autoblogging article, I share the exact strategy I use to leverage AI and blogging.
Here’s a quick summary of how to start an AI-Assisted Blog.
- Choose a publishing platform, such as WordPress, to start your blog.
- Register a domain name and get hosting for your site. I use WPX on this site.
- Pick a profitable blogging niche (take this free training to help you with this)
- Use SEO tools such as Ahrefs and SEMRush to find low competition, high-volume keywords in your niche.
- Use AI writer tools, such as KoalaWriter, to help you write keyword rich articles.
- Connect your AI writing assistant tool to your publishing platform for auto posting drafts.
- Monetize your blog with affiliate marketing, digital downloads, sponsored posts and ad networks.
6. Take Out a 10k Loan
Aside from asking friends and family for a $10k loan, which may be uncomfortable to do, other loan options exist to get $10k this week.
Each method has its pros and cons, and the right choice depends on your individual financial situation, credit history, and how quickly you need the funds.
Some of these options include: Personal loans from a bank or credit union, Credit card cash advances and Home equity loan or line of credit.
Next are some common methods to get a $10k loan.
Personal Loan from a Bank or Credit Union
- Research Lenders: Look for banks or credit unions with competitive interest rates and favorable terms.
- Check Eligibility: Ensure you meet the lender’s requirements (credit score, income, etc.).
- Apply: Fill out an application form, either online or in-person, providing personal and financial information.
- Documentation: Submit required documents (ID, proof of income, bank statements).
- Approval & Disbursement: Once approved, the loan is usually disbursed within a few days to your bank account.
Credit Card Cash Advance
- Check Your Credit Card Terms: Understand the fees and interest rates for cash advances. This is oftentimes as high as 25% interest rates.
- Withdrawal: Withdraw cash up to your card’s cash advance limit from an ATM or bank branch.
- Repayment: Be aware that interest accrues immediately and plan for repayment.
Home Equity Loan or Line of Credit (if you own property)
- Assessment of Home Equity: Determine how much equity you have in your home.
- Application: Apply with a lender that offers home equity loans or lines of credit.
- Appraisal & Approval: Your home will be appraised to determine its value. The lender then decides based on this appraisal and your financial information.
- Funds Access: Once approved, you can access the funds either as a lump sum (loan) or as needed (line of credit).
7. Flip Used Items
Flipping used items can be a fun and profitable way to make $10k in a week. This is also a great activity to recruit your entire family to join you.
You can start by flipping used items found around your house, and move on to flipping items found during your money making scavenger hunts!
To do this, start by scouring garage sales, thrift stores, and online marketplaces for undervalued items. Some items are better to flip for profit than others.
In general, you want to focus on products you’re knowledgeable about, ensuring they’re in good condition or can be easily refurbished.
Research the items’ current market value online to determine potential profit margins. If you can, you may also want to consider investing in minor repairs or improvements to increase the items’ value.
Then utilize platforms like eBay, Mercari, or Facebook Marketplace to sell the items at a competitive price, factoring in shipping and seller fees.
Each online marketplace has unique advantages and drawbacks, and your choice of platform may depend on the type of items being flipped, the target audience, and personal preferences in managing sales and transactions.
Here’s a quick comparison of each online marketplace.
Platform | Pros | Cons | Seller Fees |
---|---|---|---|
Facebook Marketplace | No listing fees, large user base, local and national reach, easy to use | Limited seller protection, local sales may require in-person meetups, less structured selling process | None for most transactions, but a selling fee for shipped items |
eBay | Global reach, large customer base, auction-style listings, detailed seller protection | Fees on sales, competitive, requires more effort for listing optimization, payment delays | Varies (approx. 10-12% of sale price plus additional fees for PayPal transactions) |
Mercari | User-friendly interface, no listing fees, growing popularity, offers prepaid shipping labels | Lower traffic compared to eBay and Facebook, selling fees, shipping costs can be high without proper planning | 10% flat selling fee on all transactions |
Identify Lucrative Side Hustles for More Opportunities
This should not be your one and only all inclusive list for discovering how to make 10k in a week. To hit that $10k mark this week you gotta think big and dig deep.
Start by checking out opportunities highlighted in other resources such as my side hustle jobs that pay cash on the spot article. Many of these jobs can lead to substantial earnings that can make you more than $10k this week.
Then consider things such as:
- Evaluate your own skills, expertise and hobbies. Consider what you’re good at and what you enjoy doing.
- Identify skills that are in demand and can be monetized, such as writing, graphic design, coding, or digital marketing.
- Consider how much time you can realistically dedicate to a side hustle. Some might require more time but offer higher earnings (like consulting or freelancing).
Whichever side hustle gig you choose, make sure it aligns with your skillset for maximum efficiency and money making capabilities.
And hey, if you feel you don’t have a bankable skillset to offer, then Skillshare is a great site with tons of courses to learn new a skill!
How to Double 10k Quickly
To double $10,000 without doing high-risk stock trading activities, consider starting a small business in a high-demand niche, or invest in education to enhance your skills and increase your earning potential.
Plenty of online business opportunities exist where you won’t need to invest tons of money to get started, such as starting an affiliate site.
Other online opportunities, such as a YouTube automation business, are more costly to start but are still viable ways to double 10k quickly.
Final Tips to Consistently Make $10k Per Week
While trying to make $10k in a week might feel like a sprint, building a foundation for consistent income is more like a marathon. It requires patience, strategy, and the cultivation of revenue streams that will pay off over time.
To create a steady flow of income, you need to think about opportunities that have the potential to bring in money consistently.
You may want to look into investing in assets that appreciate over time or provide regular income, like stocks that pay dividends or rental properties.
Each investment could contribute to your goal of making $10k per week, and beyond that, build a more secure financial future.
Also consider starting a blog, which can be monetized through advertising or affiliate marketing to make 400 dollars fast and then eventually $10k.
Despite the work upfront, once your blog gains traction, it can become a significant source of passive income.