Video: How This College Dropout Turned a Side Hustle into a $58k Monthly Gig by Dropping Out of College at 18

At just 21 years old, Inayah McMillan has found incredible success through real estate entrepreneurship and property rentals on Airbnb. What began as a side hustle idea at age 19 has turned into a full-fledged business bringing in over $58,000 per month. Through dedication and hard work, McMillan has been able to achieve earnings that surpass the average salary of medical doctors – all without obtaining a college degree.

Watch How This College Dropout Turned a Side Hustle into a $58k Monthly Gig by Dropping Out of College at 18 video below

video source: TikTok/@inayahmcmillan

McMillan's story began when she decided to drop out of college after just one year at age 18. Looking for a way to earn income and gain business experience, she decided to test out hosting her own space on Airbnb. Though starting small and renting out just her own home initially, McMillan wanted to take her side business to the next level. She toyed with the idea of rental arbitrage, where individuals rent properties from landlords with permission to then list them on short-term rental platforms.

With this concept in mind, McMillan took the leap to create her own rental business at 19 years old. She obtained initial funding through personal cash or business credit lines. Next, McMillan began searching for rental properties online using websites like Zillow that advertise available homes and apartments. She would then directly contact landlords of potentials spaces to negotiate short-term rental agreements. While getting her start, McMillan rented properties slowly and methodically to test out their potential.

Through growing her rental portfolio property by property, McMillan now manages close to a dozen units. One of her highest-earning properties located in Arizona brings in an impressive $68,000 per year in profits alone. With a full roster of short-term rental homes and apartments under her company's management, McMillan's business has scaled significantly. In her very first year doing rental arbitrage, she made around $3,000 per month. Fast forward just two years later, and her monthly earnings now average over $58,000 across all properties.

As McMillan's story shows, working a side gig like Airbnb hosting full-time is certainly achievable with dedication as a business. However, she is quick to point out that it did require diligence and time to build up to this level of success. McMillan warns those looking to replicate her model may not see overnight riches. She encourages future entrepreneurs to be persistent, always improving, and willing to learn through trial and error. Her advice is that real, sustainable growth comes from gradual scaling of operations over months and years of focused effort.

Now at age 21, McMillan has achieved what took most multiple decades – becoming a six figure entrepreneur. Her yearly earnings exceeded $375,000 in 2022 alone. Most impressively, these numbers surpass even the average annual salary of medical doctors in the United States, which stands at around $294,000. McMillan did all this without obtaining a traditional college degree, forging her own path instead through hands-on learning as a self-taught businesswoman.

McMillan's rental arbitrage strategy presents an easily replicable model for others hoping to earn beyond a side hustle. By delegating management of multiple turn-key rental properties, costs like cleaning and maintenance are spread out. Consistent bookings through sites like Airbnb provide reliable monthly revenue streams. With just a bit of capital to get properties leased initially and business organization, anyone can scale their operations to the level McMillan has achieved with dedication.

For aspiring entrepreneurs ready to take the leap, McMillan's story should serve as an inspiration. While the conventional route of higher education leads many down career paths not necessarily aligned with their passions, her tale shows an alternative is available. With focus and perseverance, an everyday side business truly has potential for explosive growth. Most importantly, McMillan proves that quitting college is not the end, but rather a new beginning for those ready to blaze their own trail to financial freedom and success on their own terms. Her model paves an example any dreamer can replicate with a vision, work ethic, and willingness to learn outside traditional structures.

In summary, Inayah McMillan's story shines as a prime example of grinding a side hustle to its fullest potential. Beginning at just age 19 after leaving college, her rental arbitrage entrepreneurship through Airbnb has now reached earnings of over $58,000 per month. Through hustle, organization, and continual growth of operations over the past two years, McMillan inspires others what focused determination can achieve. By following her lead, more everyday individuals now have proven blueprint to generating six-figure success beyond conventional means or education requirements. McMillan’s experience emphasizes alternative pathways are available – all it takes is passion and perseverance in scaling a proven business model from side gig to untapped full potential.