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Imagine earning money while you sleep, while you travel the world. Doing exactly what you want to do with your life. This is not a fantasy anymore. Making money with your computer and automatize it to work for you, is not just for the high tech entrepreneurs anymore. Anyone with a computer can benefit from this opportunity.
While this can complement your current income this can definitely replace your current income and be a sort of stay at home job but a little better since it will be generating money no matter what you do.
The main things that we talk about in this video are.
Youtube and how you can really make money by living your passion. You can connect your you tube channel to a google adsense account and start earning money with your passion.
Affiliate marketing, Here you can also use your socila media to sell products of others for a commission. This is a great option because you do not have to create a product yourself.
Create your own product. Similar to affiliate marketing you can use social media to sell your product. Main difference is, you keep all profits! I have met many people who become very rich by selling their own products online.
Kindle publishing. With the popularity of ebooks and the simplisity of being part of the movement you can write and create your own eBooks with Kindle Publishing. You can Even delegate the writing process!
Drop shipping. Here you find whole sellers who's products are popular and you sell them at retail price online.
Network Marketing. There are many people who are very successful with this type of business.
Amazon FBA. Here you buy a wholesale product, you create a brand label and ship them straight to amazon. The Amazon Holds, Full fills and ships your product so you won't have to.
Make Sure to Check out these Other Awesome Videos!
8 Steps to get Rich! https://youtu.be/enzteWv3chY
My 3 Favorite Financial Books: https://youtu.be/4852GzmiYnA
Rich Dad Poor Dad : https://youtu.be/S0kTWPCVaT4
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Hi, very useful video!
As you said in the video, one of the ways to start passive income is- youtube channel.
Well i am thinking about it and i am looking for software that i can edit my videos with.. can you recommend me one?
or how do you create and edit your videos? could you help me with that?
I totally LOVE your content! I've found a small PDF teaching me how to increase conversions on my website and I've been able to increase my conversions by about 27% just by implementing them. Do you have any recommendations on how to tweak them further or how to increase my conversions further?
The link is this >> @t
Thanks and regards, Lai.
Which program do you use to edit videos? I've got no editing or producing knowledge but do have tons of motivation and some ideas i could share through videos. Can't let my video making ignorance stop me!
I think a really good source of passive income is investing in high-dividend low volatility stocks and POS cryptocurrencies. Hell, buying low valued cryptocoins could make quite a decent profit margin in a short amount of time. Also, both of those options are truly passive income because they really don't require very much active input at all. I would say that spending an hour a day looking at the news of those investments will be time worth spent, but aside from that you really are doing nothing. Just food for thought, loved the video btw.
For someone who has tried youtube, I can safely say that it depends on the type of ads you put and are played, video watch time, video length, AD watch time, whether or not they clicked on the ad, not the views.
Views matter nowhere near as much as watch time.
hey ? i was trying to increase my views on youtube for my music on my youtube page ? its been years and im shure i did not set up my youtube channel or page... can you help ??? im trying to get 100 k to 300k subscribers and views...................................................................
youi should also mention, that most of the revenue racked up by any video is highest in its 1-5 days, and is not representative of what you should be expecting to get out of it afterwards in the long run
asspounderify that depends. If you are building a public for your videos, the more viewers you have, the more your first videos will be watched if the content is good. Example : i started watching this guy's vlog at episode 50, but it was so good I binge-watched the first 49 episodes to be up to date.
That's my 2¢
I think cryptocurrency (investing) is too unreliable to count as passive income, it's value can completely tank overnight and there's almost no way to predict it.
Mining however can become a good passive income provided you know which cryptocurrencies are good for that, and that you have the initial capital to get started.
Bro I watched alot your videos. I'm a street vendor in my country. I sell sweets and candy. For the past 6 months I've watched most of your clips. I recognize the voice more. I'm extremely greatful for the information you provide. Please keep it up.
I have watched a few of these, it is not easy to get there, but once you are there it is smooth sailing from then on, but it will not happen overnight, if it does happen overnight for me, I will share the info in one of my videos. PLEASE NOTE: passive income still requires some ACTIVE input otherwise it dies, it is like a plant that you have to water at least once a week.
The Better Men Project Unfortunatly I have closed my MultiLevelMarketing and Dropshipping business just because I found a better opportunity to make more money in a shorter period of time. As im 18 years old I really think creating my own entrepreneurial life(a business) and have to lose some time with the driving school and such... I just hope for the best to come!
Arif Mustaqim I have an old account that I built in 2006 and just downloaded videos from show I liked...or I made my owns, but really dumb one... I wonder how much I have made... if I ever went over 50$... if I only remember the name I had :( ...
@Rich A. If an idea does not include either research or personal experience then it offers no benefit to me and cannot provide insight. It's no more useful than just searching the Internet myself for "passive income." Another way to look at it is: this is my research. I searched the internet for "passive income" and this came up. What do you think?
if network marketing does not work, it is because the person doing it does not work lol :P if you work you will get eventually. If you don`t want to call people all the time or if you don`t want to ask people, take them to meetings and or sell products then it is never going to happen meaning you lose money.
Pyramid scheme is how people call it that have seen it but don`t know what it is.
Great video, glad you included Network Marketing. I have been trying to promote an affiliate membership program designed to become a passive residual income. Have not done good yet but will keep trying. Networking seems to confuse most people.
The Better Men Project I’ve noticed the trend myself. It’s amazing how much value a creator can add to people’s lives and it usually comes at the expense of businesses that are needing to innovate anyhow. I have been making some videos for a little while now and it’s really cool when you can see the results help people. Specifically I’ve been making videos to help people with one particular brand of car and it’s amazing how once you arm people with information it gives them options and a sense of control. I’m sure car service businesses don’t like it but they are the ones who need to innovate ;)
+Eddie Ortiz I saw how long people spend in their phones rather than reading books. So instead of trying to convince people to read. I thought of bringing books to people’s phones.
I’m sure you’ve heard of fight mediocrity. Big fan of his. But he stoped making the content the internet needed. So I decided to do it
Great info, at times inaudible for me. how come no ads, or is the constant mention of Amazon it? Can one choose what kinds of ads? Does it pay less if you are picky as to what gets advertised? Thanks, and MErry Christmas and a HAppy NEw Year to you.
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