Can You Really Make Good Money Writing Letters for $5 Apiece?

In this video, Matt reacts to this “new and easy” side hustle. They say you can make so much money just by writing letters. Watch and see what Matt thinks about his side hustle.

There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this new series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the things he reacts to might even surprise you!

Video Transcript: 

Business Advice Video:

New side hustle that’s gonna go viral. If you don’t want to sell, don’t wanna recruit, don’t wanna build a team, don’t wanna do MLM, don’t wanna do digital marketing this is something completely different so listen up. This is literally the easiest thing ever and there’s no cap on how much you can make. All you do is write letters and you literally get paid $5 for every letter that you write. This is for large companies that just need people to write letters and send them out for them and basically you’re gonna be the one that’s gonna do that. They’re gonna pay you $5 for every single letter that you handwrite. There’s no cap on how many you can write and it takes about four minutes from start to finish to address the envelope and write each letter. If you do the math on that that’s a little more than sixty dollars an hour. There’s a lot of people that are doing this in like two hours in the morning and they’re making around eight hundred dollars a week. There’s also one girl that has done this for two years and she works two hours in the morning two hours in the evening and she makes 15 dollars a week that’s 6,000 a month extra income. All you have to do is be 18 years older live in the US or Canada and be willing to write a letter. If this is something that interests you, write a “letter” in the comments and I will send you the dates on how to get started.

Matt’s Reaction: 

*eye roll*

Okay well again if you can write a letter and get paid 5 dollars for it I’d be interested to know who this company is that’s paying people with an unlimited budget. $5 a letter to mail and address these things to send them out that seems like there’s gotta be a catch right. So 

it looks like in the comments immediately I see that they’re charging $250 to get started in this program and then there’s a monthly fee on top of that. And even that could make sense if 

let’s say I hired people to write letters for me for $1 letter and I’m getting paid $5 a letter and I get to keep the spread and I could write 10,000 letters a month and now I’m making $40,000 a month why wouldn’t you do that hmm probably because you can’t right if there was an easy way to arbitrage this and make a lot of money, then somebody would already be doing it so there’s gotta be some other catch to this. 

She says there’s no cap to how many letters you can write maybe that’s not the problem but there’s something else. Some other reason that this doesn’t spread. This is 100% away for the person selling this program to make money selling it to people who imagine they’re gonna sit home and write letters in their spare time and get an extra three or four thousand dollars a month for doing it. And what’s aggravating about this is the people that are getting targeted are the people who probably can least afford this. They are hoping cause they’re maybe stay-at-home moms or disabled or retired and they don’t have a lot of options for income. And then this comes along and seems like this gift from heaven, this amazing way for them to make all this extra money doing something very easy. They can absolutely do so they’re sitting home doing the math thinking wow I can write this many letters and this and on the weekends and so they send after $250 and then find out it’s just not what they thought at all. 

And I don’t know what the catch is maybe the letters have to be written in Chinese. Maybe they have to be 45 pages long and only a superhuman writer can really write one in five minutes. I don’t know, I’m sure there is some catch that makes this not nearly as easy and simple as it seems but once you send your $250 in at that point it’s too late to get it back and you haven’t you know then you can’t do it and you’ve lost the money. So I don’t know what the catch is I’m not willing to spend 250 bucks to find out but I guarantee you there is one and I guarantee you that the only way a company pays somebody $5 to handwrite a letter is because that really should cost them 15 or 20 dollars to do but they found a way to sucker people into doing it for less not because it’s so easy to do and you can make so much money doing it in your spare time. So I hope that you don’t spend the money on this or at least read through the comments and figure out what the catch is and if it’s something you’re really actually willing to workaround and can do but my hunch is once you find out you won’t wanna do it and it won’t make any sense.