the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
Entrepreneurship: My startup just failed. What could I start to "immediately" generate $1,000/mo?
AG
AG
Alex Gadd, Helping You Improve Your Life answered:

Whilst this question was asked 8 years ago and I'm sure the questioner has hopefully moved on to a better financial position, I would still like to share my answer to anyone else who is stuck in a similar situation. Hopefully it will be of help.

Anyhow first off all, I am sorry that your startup failed. Startup companies can be very risky and you worked your heart and soul into getting something off the ground only to not work out. At least you have learned from it and got yourself back on track.

If you want to immediately start making $1000 a month, there are three options that come to mind. The first is to get a job which pays you $1000 a month. There are many jobs out there that would pay this amount, from shelf stacking to office assistant. 

Now I am not in anyway suggesting you stick with such a job for the rest of your days. But at least it help you reach your financial goal.

The second alternative is to start a business where you are flipping physical products on platforms like eBay, Amazon, Craigslist. Essentially Buy Low and Sell High. I am not kidding when I say that many people in your situation have been in the exact same position and gone on to start flipping product businesses which make them far more than $1000 a month.

The key here is to make sure that you start cheap (or free) purchasing stock. And when you sell some stock, you reinvest into more stock to sell on.

The third option is to start some service based business. Ideally one you can promote to those in your local community though with sites like Upwork and Fiverr, you can offer your services on a global basis.

Again with this option, you need to have some skill which you can provide as a service. Be it copywriting, freelance writing, programming, etc. Yet even if you have no such skills, no need to fret. Gardening, window cleaning or domestic cleaning are services that you can also offer to set up as a service to your local community. 

If you wish for any advice on how to get into one of these businesses as well as improve your overall situation, feel free to book a consultation.

Talk to Alex Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.