Ways to Make A Little Extra Cash Around The Ad Agency
Jay-Z was right. âMo Money ultimately does lead to âMo Problems.
When you get your first job, you feel like the richest person on earth, because a salary in the mid 40âs/low 50âs feels like a titanic amount of money to be fed consistently year round. But it doesnât take long before you make friends with other agency people, many of whom are several years into their career and thus making over double your salary. You quickly start to discover that you arenât in fact rich, but actually quite poor.Â
The concept of wealth is a rich tapestry built on relativity.Â
But there are workarounds: Sure, itâs your first year, but thereâs no reason you canât supplement your salary and cut down your expenses with resources lying around your workplace. Put the creative back in creative money making schemes! To get you started, here are a few suggestions:
Agencies are always clamoring for new talent, but simply donât have ANY resources, whatsoever, to find anyone to hire on their own. Thereâs literally no way they can find anyone! Thatâs why companies rely on employee referrals, and will pay exorbitant stipends of cash for you to send a recruiter a link to your portfolio school buddyâs portfolio. Â Â
Potential Value: Roughly $1000.
Sell Your Business Cards to Somebody With The Same Name As You
Weâve all struggled with our namesakes- when it comes to buying your name domain, or just general googleability. So why not turn that struggle into cash? Just mark out all your personal information with a black-tip felt pen and get in contact with one of the many people who share the same name as you. What do you need business cards for anyway? âNetworkingâ, Iâm sure.
Potential Value: About $10, depending on the quality of the card stock.
Hunger for success is proven to cause proportional hunger for actual food. But having Hale and Hearty everyday can get expensive, especially if you get a medium soup instead of the combo size. So find some food lying around the agency! Camp outside of catered conference rooms. Remember- meetings mean eatings.
Potential Value: Up to $13 a Day.
Donât Get Fired (Or Die)
Getting a raise in advertising is easy- all you have to do is not get fired (or die). You see, in most industries, your salary is calculated by your job performance, how many of your goals youâve met, the competitive landscape ratio, inflation, the economy, professional decorum and the number of Linkedin friends you have.Â
In advertising, Money = Time. Sure, having a good portfolio, employment history and winning awards is important to advancing the first 15-20 years of your career. But later down the road, if you work in the industry long enough, your book and where youâve worked all blur into a beige-colored milkshake of the past.Â
Potential Value =  Potential Time. If you start your career at 18 and live to be 105, you could theoretically make a 100 million dollars a year.Â
On the other hand, advertising agencies offer both amazing health insurance policies and severance packages. If you work at a company with the right policies, youâre worth your weight in gold either dead or with discontinued employment. So really, the most profitable thing you can do is either be an egregious enough an employee enough to warrant termination, or such a diligent one that you die at your desk.
Potential Value: Dead, Iâm not sure, Iâm not an expert on life insurance policies. I think itâs relative to your height? Â But fired, I think itâs about 2 months salary. Ask me again when this blog is published and Iâll be able to tell you exactly. Â
Opt Out of Health Insurance
Look, youâre young and youâre going to live forever. Why not take that extra $36 a month for opting out of your health insurance? Sure, you may have to pay thousands of dollars in premiums at some point if you do suffer a serious illness (or even routine ailment that requires standard care). But for $36 you could pay for all your monthly subscription services, like Netflix and Spotify and Tidal (just kidding, I know you donât use Tidal). Sure, you may get sick and die for a nominal stipend each month, but thatâs a small price to pay to find out what happens on this season of Peaky Blinders.
Potential Value: About $36 a Month, I think.Â
Congratulations! Youâre one of the cutting edge creatives winning awards and pursuing new frontiers of excellence in your industry. You get a trophy. But do you really need this thing? It makes you look pretentious and is just taking up space around the office. And really, if they could have just given you what you really wanted as a prize (a moped), they would, but it just isnât practical to give out 50 mopeds at an award ceremony. Where would they even store all of those mopeds?! Anyway, you already got to write that you âgot itâ in your portfolio, so letâs turn some gold into paper. And then buy a moped.
Potential Value: It varies, but a guy told me once you can get $800 for a one show pencil on CashForGold.com
Get Your Company to Sponsor Your Content Series Blog
Uhh...letâs talk about this later.
Potential Value: Talk later.