How to Make $20,000 Dollars a Week [2024] 20000 

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Wondering how to make $20,000 dollars a week? That’s about $80,000 a month or $1,040,000 per year. This accomplishment would put you in the top 1% of American salaries.

You’d be earning over 18X the median weekly US salary.1 Holy macaroni! 

That’s like if the typical person is 5’7” tall, then you’re 100 feet tall like a 10-story building. Because you’re standing on your huge stack of money!

There are many ways how to make $20,000 dollars a week. Here are the best ways to make 20k a week that don’t require a college degree:

  • Investor – if you’re a beginner, go with Acorns. You’ll get $20 when you sign up through my link. 
  • Make YouTube videos as your business – take this Udemy course as a shortcut to learning
  • Blogger – Squarespace and Bluehost are the top platforms
  • Create an online video course – use Teachable because they make it easy
  • Flip items for money – Check out what flips
  • Sell products on Shopify

Now I’ll give you even more ways to make 20000 a month, along with how to do it. Plus, I’ll show you real-life examples.

How to Make $20,000 Dollars a Week 

Content Creator

Earning Potential: $20,000 dollars a week or much more

Content creators like Jimmy Donaldson AKA MrBeast, Jake Paul, and Mark Edward Fischback AKA Markiplier earn $40 million dollars or more a year. That’s $769,000 a week!

The best content creators in the world know how to make $20,000 dollars a week by

  • Selling sponsored posts to brands,
  • Affiliate marketing (they get paid when you buy a product they promote),
  • Selling you products they’ve created themselves,
  • Having ads on their content,
  • Selling instructional courses,
  • Making live appearances for money or going on tour and selling tickets, and
  • Paid memberships for exclusive content. 

Sommer Ray is a successful content creator who is said to be worth $8 million dollars.

Content creator Sommer Ray taking a mirror selfie.
Sommer Ray knows how to make $20,000 dollars a week. She’s an influencer/content creator who sells her own health and beauty products with her company Imarais Beauty.

Sommer Ray actually has good advice on her Instagram. In her bio, she posted, “Dreams don’t work unless you do.”

That’s true. Dream big. To score touchdowns in life, ya gotta dream big. But then what? You don’t actually score big unless you draw up winning plays. And then go for it!

Here is an example of mega-popular content from Nathan Johnson Graham, who is reported to earn about $30 million dollars a year:

Top content creator tools to help you get to 20k a week:

Content Creator is a terrific business to start with 10k or less.

Content creators, such as bloggers, vloggers, comedians, singers, and influencers, need to grow their audience and revenue. Learn how to make money on Pinterest and how to make money on Facebook.

Content Creator is one of the best business ideas for women, men, couples, and pets. Yes, there are pets who make $20,000 dollars a week just by being cute.

Sometimes I wish I was a hedgehog, traveling the world as an Instagram influencer.

Someone holding a hedgehog in their hand with a beautiful coastal town in the background.
Rodent content creators make bank.6 

Investor 

Earning Potential: 20000 a week or much more

I have 4 friends who retired early and live only on their investments. They can go on vacation whenever they want and can afford nice things. No, they don’t own huge yachts. They worked smart and they worked hard and now their investments in the stock market and real estate pay all their bills with passive income.

If you’re not yet investing at all, I want you to check out Acorns. No, you won’t get rich fast. But Acorns will start you in the habit of investing easily. And you get $20 when you sign up through my link, so it’s a no-brainer. Learn more in my Betterment vs Acorns guide.

After you get into the good habit of investing your money instead of simply saving and spending, you’ll be ready to consider investing in index funds and ETFs. 

If you’re looking to eventually make 20k a week, you’ll need to learn how to beat typical stock market returns.

Here’s a highly-rated course on Udemy for learning how to invest in stocks: Investing In Stocks The Complete Course! 

If you’re more interested in real estate investing, try EquityMultiple.

To know how to make $20,000 dollars a week in real estate investing, you’ll need top training. Don’t pay thousands of dollars for training. Check out this Udemy course to learn more: Fundamentals of Analyzing Real Estate Investments.

Another way how to make $20,000 dollars a week is to go into an investment banking career. This typically requires a college degree and a track record of being excellent at making money in the stock market. 

You can learn from this Udemy course that teaches you how to become an investment banker with the goal of making 20k a week: The Complete Investment Banking Course.

Another way how to make $20,000 dollars a week is to become a hedge fund manager.  There are hedge fund managers worth billions of dollars, such as Steve Cohen, who owns the New York Mets baseball team.

Investing is a great way how to turn 10k into 100k. And how to double 10k quickly. 

Entrepreneur 

Earning Potential: $20,000 dollars a week or much more

I’ve worked for multiple different entrepreneurs who made $20,000 dollars a week with their businesses. These are regular small business people. You’d probably never guess by looking at them that they’re worth so much money.

They specifically had low-cost business ideas with high profit. 

What is an entrepreneur? This is a businessperson. Think of it this way – you can be amazing at your career but when it’s over, it’s over. Your income ends. 

But if you’re amazing at your business, when you want it to be over, you can sell it. I’m friends with people who have sold their businesses for millions of dollars.

As an entrepreneur, not only do you get to make your own schedule, but you get to sell your business when it’s over. Or you can pass your business on to your children. You can never do that with your job.

The most profitable businesses solve a problem for many people. Or they solve an expensive problem for enough people. You do NOT need an original idea!

You DO need to be different or better than what already exists. Think about how many pizza places there are.

Yes, you can make money owning a pizza restaurant. Your pizza place can be better or different by 

  • Being less expensive, or
  • In a better location, or
  • Faster to serve customers, or
  • More delicious, or
  • Open later, or 
  • Having better service, or
  • Catering to specific people who want gluten free, vegan, sauceless pizza. (hand them cardboard with fake cheese on it and charge $37.)

For example, there were already so many dating apps when Sean Rad, Justin Mateen, and Whitney Wolfe created Tinder. They made Tinder different by introducing the swipe to like or dislike feature. 

Tinder merged with Match.com for about $3 billion dollars.

So no, you don’t need to have a new idea. You need to have a new twist.

If you need startup money for your business, here’s how to borrow money. 

Here are the

To protect your business, create an LLC. Not sure? Here’s my answer to Why do you need an LLC? Be sure to read my LLC checklist and LLC 101 guide. Also, here’s the best LLC service. You can also look at a more in-depth comparison in Bizee vs ZenBusiness.

Or, instead of building a business from scratch, you might prefer to buy an online business for sale.

If you’re working your business remotely, use the best VPN services. See my best small business firewall review.

If you hire a team to help with your business, learn about remote employee training.

E-Commerce 

Earning Potential: $20,000 dollars a week or much more

Leah Kay Krabbenhoft owns Soulvation selling hair accessories and clothing. She’s made millions of dollars in online sales.

E-commerce store owner Leah Kay Krabbenhoft in her product warehouse.
Leah asks you to ask yourself, “What product should you sell?”2

A proven way how to make $20,000 dollars a week is to sell products people want online.

People will always look for products that help them

  • Look their best (beauty)
  • Feel their best (health)
  • Make more money (business)
  • Participate in their hobby
  • Have fun (entertainment)

And I’m sure you can imagine other popular things you can sell online. It helps if your products have at least one advantage, such as

  • Better price
  • Better quality
  • Better design
  • Better customer service
  • More convenience

Think about it. Let’s say you’re like me, and you love tacos. 

When it’s really late at night, I shop for tacos based on convenience. When I’m with the guys, I go for tacos based on price and quality. On date nights, I care more about customer service and quality.

So, decide which kind of customers you want to serve with your e-commerce store.

It’s easy to set up an online store focused on e-commerce with either Shopify or Squarespace.

Entertainer 

Earning Potential: $20,000 dollars a week up to millions of dollars per year

The highest paid entertainers like Tyler Perry, Taylor Swift, and James Cameron, can make 100 million dollars in a year or more. 

You don’t have to make it big in Hollywood as a way how to make $20,000 dollars a week as an entertainer. You can make 20000 a week as a famous YouTuber, podcaster, or social media influencer.  

YouTubers Rhett & Link have earned over $35 million dollars.

Charli D’Amelio is an influencer, dancer, and reality star who has earned over $23 million dollars.

Entertainer Charli D'Amelio speaking at a Nickelodeon event.
Charli D’Amelio is an award-winning entertainer who knows how to make $20,000 dollars a week in her field.

I urge every entertainer to have an email newsletter. This allows you to communicate with your fans.

Kit makes it really easy. Learn how in my Kit review.

Remember, social media algorithms can hide your posts. But your email goes directly to your fanbase.

Here is the best email marketing software.

To promote yourself, you might also consider TikTok for Business.

If you can build a loyal audience you’ll find a way how to make $20,000 dollars a week. 

Are you a musician? Then check out 

Are you a good looking human? Then check out how to make money as an attractive male or how to make money as an attractive female.

Business Executive 

Earning Potential: 20000 a week up to millions of dollars per year

Business executives like CEOs of big companies can make 20,000 dollars a week. 

Most CEOs have college degrees and at least 10 years of executive experience. Other CEOs were founders of their companies. 

Examples:

  • Tim Cook is CEO of Apple and earns about $100 million a year
  • Eric Yuan is CEO of Zoom and earns about $76 million a year.
  • Reed Hastings is CEO of Netflix and earns about $51 million dollars a year3

Other executives of big companies can make well over 20,000 dollars a week, too. These CMOs (Chief Marketing Officers) make millions of dollars per year:

  • Lori Lee with AT&T earns about $10 million dollars a year
  • Jill Hazelbaker with Uber earns about $8 million dollars a year
  • Manuel Arroyo with Coca-Cola earns about $7 million dollars a year4

Law Firm Partner 

Earning Potential:  20k a week up to millions of dollars per year

When you’re a law firm partner, you actually own part of the law firm. You’re what’s called an equity partner. So when the law firm makes more money, you make more money. This is how law firm partners make $20,000 dollars a week or more in compensation.

High-performing partners are earning more than $15 million dollars a year5 at firms such as 

  • Wachtell, Lipton, Rosen & Katz 
  • Kirkland & Ellis,
  • Paul, Weiss, Rifkind, Wharton & Garr

That’s way more than $20,000 dollars a week!

Law firm partners usually have a formal education, such as a law degree.

Pro Athlete 

Earning Potential: 20k a week up to millions of dollars per year

  • Shohei Ohtani earns $70 million dollars a year to play baseball in the Major Leagues.
  • Patrick Mahomes earns $45 million dollars a year to play football in the NFL.
  • Coco Gauff earns about $23 million dollars a year from tennis and endorsements.

The best athletes in the world train hard and smart. They usually have a great coach. 

If you’re interested in becoming a professional athlete, a good place to start is with a course. How can you expect to be the best if you don’t learn the best techniques?

For example, here is a top-rated course for golfers.

Website Flipper 

Earning Potential: 20k a month or more

You’ve heard of people who flip houses. They’re experts at finding a great location with a home that needs to be fixed up. They fix it up. They sell it for a lot of profit.

You can do the same thing with websites.

There are platforms like Empire Flippers where you can research quality websites for sale.

Then you buy the site. Then you or your team gets to work making the site better.

To make the site better, you will usually

  • Increase the number of visitors to the site
  • Increase the site’s revenue (improve the site’s monetization)
  • Make the site more cost-effective

You can accomplish these goals by using your expertise in ad buying, SEO, social media marketing, email marketing, site design, public relations, affiliate marketing, and more.

You need to match your audience to the products they want to buy.

A fashion website would be a good fit for the Louis Vuitton affiliate program, the Farfetch affiliate program, the Zara affiliate program, the Fashion Nova ambassador program review, the Nike affiliate program review, or the Revolve affiliate program.

An electronics site could monetize with the Samsung affiliate program. And home decor enthusiasts could benefit from the Walmart affiliate program review and the Target affiliate program review.

Travel junkies can make money online by reading my VRBO affiliate program review and Viator affiliate program review.

Make up and skincare product lovers should read my Sephora affiliate program review.

And pet lovers would be a purrrr-fect fit for the Chewy affiliate program! Also, check this article out if you want to start a pet care blog.

If you’re good at anything that attracts viewers or monetizes them, being a website flipper could be a business for how to make $20,000 dollars a week.

If you’re interested in other reseller businesses, check out What Flips.

Common Questions About How to Make $20,000 Dollars a Week 

How Can I Get $20 000 Dollars Fast? 

Here’s how to make 20k in a week: 

Here’s

How to Make $20000 Dollars a Week Without a? 

Here’s how to make $20,000 a week without a college degree. Or even how to make $20,000 dollars a week without a job:

When you know how to make $20,000 dollars a week, you’ll be earning over a million dollars a year! This means you know how to make more money than 99% of Americans.

Many times when you’re making $20,000 dollars a week, you’ll be selling expensive products. For that you want to use the best webinar software.

How to Make $20000 Dollars a Week Online?

Here’s how to make money online for beginners. And here’s how to make money on Audible. 

One way how to make $20000 dollars a week online is to build a small team of great workers. Then it might be helpful to get the best org chart software.

How to Make $20000 Dollars a Week From Home?

  • Invest in stocks from home – use Acorns (get $20 when you sign up through my link). If you prefer real estate, use EquityMultiple. 
  • Work from home doing high-paying online jobs with Upwork.
  • Blog from home – use Squarespace or Bluehost
  • Teach an online video course from home – use Teachable.
  • Flip items for profit online – see What Flips.
  • Sell your own products online using Shopify.
  • Be a mega-popular YouTuber and make $20,000 dollars a week from advertising.
  • Be an affiliate marketer from home.
  • Podcast from home
  • Create an app
  • Become an online entertainer or influencer.

20K a Week in a Year? 

You can reach 20k a week within a year by

  • Investing in stocks – use Acorns and get $20 when you sign up through my link. Or if you prefer real estate, use EquityMultiple. 
  • Blog – use Squarespace or Bluehost
  • Teach an online video course – use Teachable or Thinkific.
  • Flip items for profit – see What Flips.
  • Sell products online using Shopify.
  • Create an email list to sell products using – Kit.
  • Grow your YouTube channel until you’re rich and famous, and get haters in the comments.
  • Listing your professional services for sale on Upwork, such as coding, writing, and video editing.
  • Be an affiliate marketer.
  • Podcast
  • Create an app
  • Become an entertainer or influencer.

How to Earn $20,000? 

Here are fun and proven ways to earn $20,000:

  • Invest in stocks – use Acorns and get $20 when you sign up through my link. Or, if you prefer real estate, use EquityMultiple. 
  • Blog – use Squarespace or Bluehost. 
  • Teach an online video course – use Teachable.
  • Flip items for profit – see What Flips.
  • Sell products you create using Shopify.
  • Write an email newsletter. Make money with sponsorships. Use Kit.
  • Grow your YouTube channel and have ads enabled.
  • Get on Upwork and take freelance jobs until you earn $20,000.
  • Be an affiliate marketer for desirable products like credit cards, clothes, and cosmetics.
  • Make a podcast and earn $20,000 with sponsorships.
  • Create an app for something useful, like the best meditating locations in Bhutan that also have tacos.
  • Use a print-on-demand service like Printify to sell your designs and photos on products. Another service is Redbubble. Check out  Is Redbubble Legit? 
  • Become an entertainer or influencer of other influencers.

How to Make 20K Fast? 

  • Invest – If you’re new to investing, start with Acorns and get $20 when you sign up through my link. 
  • Flip items for profit – learn what flips
  • Blog using Squarespace or Bluehost
  • Create an online video course on Teachable or Thinkific.
  • Do freelance work on Upwork and Fiverr. 
  • Sell your own products – check out Shopify.
  • Become an entertainer or influencer. 

Related:

Sources:

1 – https://www.bls.gov/news.release/pdf/wkyeng.pdf

2 – https://www.instagram.com/itsleahkay/

3 – https://aflcio.org/paywatch/highest-paid-ceos

4 – https://www.equilar.com/blogs/564-2024-highest-paid-marketing-executives.html

5 – https://www.wsj.com/articles/on-wall-street-lawyers-make-more-than-bankers-now-ae8070a7

6 – https://www.instagram.com/mr.pokee/?hl=en