This transcript was generated from the episode audio and may contain minor errors.
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All right, what's up? What's up? Welcome to Side Hustle School. Here we are in the middle of July, episode 2,388. Excited to bring you all new episodes every single day throughout the summer, throughout other seasons as well.
But here we are in the summer, Northern Hemisphere at least. And lots of interesting topics coming in, lots of interesting questions, case studies, tips and such from listeners such as yourselves. Thank you so much for being out there. Today, we're gonna hear from Albert. Albert's gonna join us in the podcast with a question.
He is in Boulder, Colorado at the moment, currently residing, that's the key point because he identifies himself as a true digital nomad. And with an array of skills and experiences, he's hoping to leverage this varied skill set in the freelance marketplace known as Fiverr. You know, Fiverr, we've talked about it before. It's a pretty quick and easy place to go to either hire somebody for a small amount of money or offer your services as a new freelancer to all kinds of people all over the world. So you can be a buyer or a seller there.
It's not always the place to go and make like a ton of money, although we have had some people, I think I had a guy in the podcast once who's making more than $100,000 a year from Fiverr, but most of the time though, it's just kind of a place to do some smaller stuff. Anyway, our focus here today is with Albert. He finds himself at a crossroads, a Fiverr crossroads, wondering which of his many skills could translate into the most profitable services. Now that is a key point with a marketplace like Fiverr or Upwork or somewhere else that lots of services are very low priced, but not all of them are. Some are in fact, higher priced.
So let's hear his question, see about the best next steps. How can he maximize his efforts to make the most money in the most efficient way? And perhaps this will be helpful to somebody else out there as well. So what should I sell or what service should I offer on Fiverr? That is today's question.
Here's our sponsor message, then the listener question, then my answer. [Music]
Hello there, I'm Albert, a digital nomad currently residing in Boulder, Colorado. So I've been listening to your show for a while now as I travel across the US, picking up all sorts of jobs and skills along the way. My diverse experiences have sort of made me a jack of all trades, which I thought could be an advantage on platforms like Fiverr. However, given the vast number of offerings there, I'm unsure what to focus on.
Could you advise me on the most profitable and in demand services on Fiverr that might be the best fit for me? Thanks. [Music]
Hey Albert, glad you're out there and good work with the digital nomading, Boulder, fun city. All right, so here's what I think about this. Your flexibility and willingness to take on, you know, a great variety of tasks is an advantage, especially in a place like Fiverr where a range of services is offered.
However, you really have found a good focus here in terms of thinking about, okay, how do I choose? You know, just because I could offer a bunch of things doesn't mean I necessarily should. In fact, I think, you know, your most profitable path forward is not to say, okay, I'm gonna do 18 different services. It's probably going to be, let me see where there is high demand and let me see where the prices are, you know, a bit higher than average, but also something that I'm pretty good at doing, okay? So basically, I think there's a sweet spot here.
If you look at Fiverr, there's this range of services offered at a range of prices. And some services really are highly technical, you know, for certain software, certain apps, some kinds of programming and design and such, like stuff like that, a jack of all trades probably can't compete with someone who is a professional. And so there's also a range of services on the low end, things that anybody can do. And that's like the classic Fiverr model of just pay $5 and somebody will do this thing for you. Obviously, you're not gonna make money $5 at a time, $5 per client, you know, that's kind of an exercise in frustration.
So what you want is something in the middle. It's like something that, you know, is a bit more advanced than something anybody can do, but not so technical that it's kind of out of your range. That's what's gonna allow you to charge more of a premium without having the more advanced tech abilities. So in terms of what that is, you know, there's a lot of categories on Fiverr, you know, broad categories include graphic design, digital marketing, video and animation, music and audio, programming and tech, but, you know, these are pretty broad. I think you wanna dig down within that and look at, okay, maybe there is some type of SEO service or social media marketing or management or content marketing.
Those are also kind of broad categories, but the key point is gonna be differentiation because if you're just, you know, offering the same things that everybody else is, then you're not gonna be able to charge higher prices. So I would say what I would do is I would just spend a lot of time on the platform. I would say, okay, today I'm gonna spend 45 minutes, you know, just going through the homepage of Fiverr and then searching and looking at other profiles and looking at reviews and, you know, you're gonna find some opportunities, maybe some, you know, service arbitrage opportunities in doing so that will lead you to say, okay, here is the thing that I need to focus on. I can't tell you exactly what it would be 'cause I don't know, like, I know that Albert has a lot of skills, but what exactly are those skills? I don't know Fiverr so well that I can tell you immediately, you know, here is the one thing to go and do, and that probably wouldn't work either because everyone would go and do it and the price advantage would disappear.
But what I know is there are price advantage opportunities on platforms like Fiverr and Upwork. So I definitely think it's worth considering looking into some more if you're interested in offering services. Albert, good luck with that and with the nomading and such. Listeners, if you have a question, sidehustleschool.com/questions comes to stop by. Let me know what you're up to.
We'll continue to feature them each week along with updates from listeners as they launch and grow their projects. Thanks for being out there. New episode tomorrow. My name is Chris Guillebeau. This is Side Hustle School.
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From the Onward Project.
