Let’s have a virtual cup of coffee together this morning, I’m really enjoying this Starbucks honey americano. Let’s talk about making money on our raw land, so I’m assuming you went to frontier properties. Usa.Com, you just bought your first piece of wholesale land from LA and now you’re like well now. What do I do with it? Do I just sit with that raw land and pay taxes? No, you don’t have to you, can use it any way you like for your enjoyment.
I can also teach you how to flip that property as well, but let’s assume that you want to hold it long-term. Let’s make some money on that land. So a few ideas to do this, I’m just going to run off a couple ideas. The first one is hey: how about a paintball area a little play area there? If you got a nice little flat piece of land and put out some sides cordon off some of your property, get some haystacks, let’s say: make a little paintball area charge.
People 40 bucks a person after a while, that’s going to add up and certainly going to pay for your inexpensive property taxes. How about pastoring animals, if you’re in an area where there’s ranchers sure charge them to let those animals roam on your land, eat your grass fantastic way to make some extra money? Don’t forget about hunting rights? If you’ve got property, let’s say it’s: 40 acres and you’ve got some deer on your property.
Why not lease it out to hunters, camping people, love to camp and there’s never enough remote areas for them to camp? Put up a couple: inexpensive, camping sites charge everyone a small fee and after a while you’re going to have a nice passive income for camping storage, nobody ever has enough storage motorboats horses – I don’t know it just you know you’ve seen all these storage places all around The country right, why not stored on your property charge a monthly fee and who knows? Maybe you will be on storage where’s yourself, so anyways.
If you want to learn more tips, tricks techniques, how to buy and sell raw land for passive income? Active income go to my site, WWL ang calm. You can always click the links below as well. Listen to the podcast great information there subscribe to this youtube blog and, of course, leave me a comment. Let me know how it’s going here, like other information black, to learn, anyways thanks for having a cup of coffee with me and I’ll, see you next time.
So you can make more informed decisions when it comes to managing your money and actually see your financial wealth build and actually realize that financial security and independence is well within your reach.
When you make great decisions with your hard-earned money, all right today, guys I’m talking to you about passive income streams. There are a whole range of different passive income streams, some which are very conservative, some, which are quite aggressive. However, it’s important that you pick the right income stream for you and for your financial goals and for your risk appetite now the people who are really nervous when it comes to investing and don’t have much experience.
They may want to start off investing in a fairly conservative styles of passive income sources, and these are typically cash savings accounts term deposits, maybe even some government bonds or even corporate bonds and typically because they’re more conservative, their returns are a little bit like that. Typically, a passive income stream, that is the yield of these conservative types of investments, ranges between 2 up to 3.
7 percent per annum. But these types of conservative assets generally have no capital growth, they’re, predominantly income based, which means if, for example, you bought a bond for $ 100,000 and the yield will say 3 percent, you would be getting only $ 3,000 a year in passive income from that bond. There is no capital growth element to it whatsoever, but if that’s right for your risk profile, you don’t like taking risk and you’re uncomfortable with it.
That may be the right type of investment for you now, the more aggressive or assertive you could say of investments for building long-term wealth are things like residential property, commercial property, domestic shares or international shares, and these returns are typically, as history shows a lot higher, because The more risk you take, the more of a reward you should get so residential property on average yields between 3 point to up to three point: nine percent.
But when you take out all the expenses of running a property, it typically comes down to a yield of around about two to two-and-a-half per year with commercial property. The yield tends to be a little bit higher around five point, five percent and when it comes to investing in shares, depending on whether it shares a base, for example, Australian shares the yield tends to range between four point: seven percent up to five point: seven percent.
When you factor in franking credits now, there seems to be a lot of misconception when it comes to investing in shares and comparing it against conservative estimates such as fixed interest bonds. However, I want to make sure you guys are aware of the difference between these two different types of asset classes and the impact over the long run. So the best way for me to show this to you is by showing to you what has happened in history.
If I were to take a hundred thousand dollars and put it into a term deposit in 1979 and just took the passive income each year and spent it, I never reinvested the money or added any new money to that term. Deposit account by 2016 that hundred thousand dollars would still only be worth a hundred thousand dollars, but it actually would have eroded away because that hundred thousand dollars could not buy me.
What it can today is what it could have done in 1979 and I would still be earning a passive income of two thousand five hundred dollars per year. That’s it, however, if I put that 100 thousand dollars into a diversified share portfolio of Australian shares, again just taking that passive income through the dividend, yields and spending it, adding nothing to it and not reinvesting any of my dividends that share portfolio would now be worth One point one: two million dollars and the passive income that I’d be receiving from that one point: one two million dollar share portfolio would be worth over fifty one thousand dollars every year.
Now, I’m pretty sure you would rather be receiving a passive income stream at 51 thousand dollars a year versus two thousand five hundred dollars a year. So you’re probably wondering how is this possible? How is the same amount of money invested in two different asset classes with SIPP, not too dissimilar yields over the long run so incredibly different? Well, it comes down to the fact that shares are two-dimensional assets.
They not only do they produce income, they also produce growth and that income grows with the capital value with shares. When a company raises profits, they reinvest some of those profits back into the business for future, compounding growth and to expand them, prove the value of the business, and then they pay a dividend on that and that dividend grows every year as long as the company grows. Now a lot of people say well, fine can investing in shares is incredibly volatile and comes a lot of risk.
And, yes, you are correct, you do when you invest in shares. There is a lot of high to medium term volatility over the short term medium term. I want to show you this other chart. This will really change your perception of really how safe term deposits are. If we look at the yield on term deposits and compare them against shares and even commercial property, in fact, it’s actually the toh deposits, which are a lot more volatile over that 17 year period, so that perception of term deposits being safe.
And you can sleep well at night versus shares being risky and dangerous isn’t actually quite true. So what this boils down to you? If you’re trying to build up a passive income stream, you’ve really got to look at the underlying assets in your portfolio. You do not want to forego long-term growth for stability. You need to make sure that your passive income and your investment portfolio is sustainable.
Is going to provide you with that passive income. That’s going to grow over time and ensure that you remain financially independent. Do not fall into the trap of just going in investing purely for yield with no capital worth. This will come with a lot of regret, further down the track and if you’re going to build up an investment portfolio where you’re going to incorporate more of these growth style, investments such as international and Australian shares and even some property make sure you diversify.
You do not need to go all or nothing most. People have a diversified share portfolio where they may have some commercial property, some residential property. You know a mixture of Australian shares and maybe some international ETFs. It’s a really well diversified portfolio which smoothes out the overall volatility over the long run and, of course, make sure that you look at the yield but make sure that the yield is consistently growing over time.
This should be the foundations of what you look for in a quality investment. Now, as you’re reading all of my money Monday articles, I really hope that your site to get it be more interested and a bit more inquisitive and maybe even tempted to start building up a share portfolio. But please remember you do not need to stress about which shares to pick and where and how and what you can very easily a listed investment company that does all that work for you or even a managed funds.
It doesn’t all that work for you or even look at a diversified ETF. There are so many different investment options out there. You do not need to put the stress and pressure on your shoulders as to what stocks to pick when how and why this can be outsourced to a professional all right. Everyone, I really hope you’ve enjoyed this article – remember, invest the for the long while invest for long term, capital, growth and long term growing yields, that’s the key foundation to building healthy, strong, passive income streams ciao for now, if you haven’t already subscribed, please make sure you Do
Now I’m all about building passive income, but a lot of people don’t really understand what passive income is and that’s perfectly normal, because it’s not really spoken about every day. But passive income is essentially money that works for you or, as I like to save money that you make while you sleep. So you know, when you look at your bank statements, you’ll see like tiny bits of interest, it might be a dollar or it might be.
Ten dollars or a hundred dollars a month that you’ve technically earned well you, that is an example of passive income. You haven’t actually physically done anything to earn that interest off your bank account. The bank has paid you some money because it’s been using your money. So examples of passive income are things like rent from investment properties, my favorite dividends from shares, even things like royalties, anything.
What you haven’t physically have some do anything to earn money or to receive money and the key to becoming financially free and financially independent, which is what I do for my clients. I help build them passive income sources and, if you think about it, say, for example, your living expenses say: seventy thousand dollars a year. If you could build up a passive income source, whether that be through a variety of different investments, you would technically be financially free and financially independent.
You wouldn’t have to put on a suit and go to work. You wouldn’t have to catch a bus to work. You wouldn’t have to go to work, you could just you know, travel around the world or go and study. You know as many courses as you like. You know, you know, stay at home and raise a family. You know you’d have complete freedom to create the life that you want. So this is what this blog is all about, and my passionate focus for you guys is to show you how to build.
You know passive income streams to give you that independence. If that’s, what you want to create for yourself and I’m going to be, and some other articles of work coming up, we’re actually going to be building passive income sources on my blog and I’ve got a lot of really cool, clever tips and tricks which you can Use and I’m going to be showing you how to do this with really not that much money and I’ll show you how powerful it is through compounding interest in building this passive income source, so that you can actually feel really inspired and go away and apply these Principles and and email me back and say: I’ve started building up my own investment portfolio and this is how it’s going so yep.
So that’s how but that’s what passive income is all about and that’s what I’m going to be really focusing and inspiring you and motivating you to do for your create for yourself, okay, so ciao! For now and I’ll see you in my next article bye,
All of me, it was a huge amount of money for me because at that time I was still a university student, but listen to this carefully. I’m not here to praise her sales tactic. In fact, I hate her sales. That means so much because I felt that sure the whole process I was pressured to buy the package and, as a result, even after I bought the package, I wasn’t a happy customer.
So, even though this lady closed me for $ 2,000, she lose all her future sales as I refused to buy anymore upsell packages and guess what I never go back to the same saloon ever again and forever. She lose me as a customer. I know many of you are eager to improve your sales boost. After all, sales is part and parcel of business via insurance, agent property agent on my interpreter or a business owner.
Sales is a lifeline and is integral to your survival and in order to improve sales, where do we usually go? We often go to sales experts for advice. They can be your sales manager, your team leader or famous salespeople, such as 10 law or grant cardone, but the truth is their advice, may not work for you, because we all have given character and even have different gender. Don’t get me wrong. I’m not saying that their advice is not good, but the problem is majority of the sales experts out there and guys, and they are usually dominating aggressive and right in the face.
If you’re a guy – and you are masculine in nature – the style may suit you. But if you are lady and you follow the advice blindly, you will end up forcing yourself into a style that you have not comfortable with and selling in a way that turn people off, because the last thing a customer one is a lady being very pushy and Very aggressive in sales, and that’s the exact same mistake that the sales manager made that turned me off as well as turned so many other customers off.
If she still continued to new this time for old and outdated selling method, I’m pretty sure she’s having a hard time right now, because we as customer have also evolved to be much smarter nowadays. So don’t follow the sales experts advice blindly without thinking, especially if you are lady. The last thing that you want is to appear aggressive dominating and pushy. I’m never pushy in myself, I’m approachable at the same time, I’m charming, and on top of that, I’m the top salesman in a company.
In fact, I help my company close more than six figures in terms of US dollar in one single day and the best part is my customers love me, and they are very happy with the solution that I offer them. So, in order to help, ladies, like you to improve yourselves as well as to generate more income, I’ve decided to share my charm system, a system that not only helped me to generate more than six figures a day, but also helped many of the clients that I Thought, if you want me to share with you my system, to increase your sales charm, give me a thumbs up on this article and comment I won below.
For those who comment, I will be inviting you to an exclusive telegram group, where I will be sharing with you my charm system step-by-step. So I can’t wait to see you inside my telegram group bye,
Do you want to stay at home and earn a passive income, and this is what earning a passive income can look at now, you’re saying well, why would I want to go to the beach and have my computer? Well, you couldn’t go to the beach without your computer once you’ve gotten to the point where you’re earning that passive income – or you can just take your work with you wherever you want and that’s the nice thing about working online, you don’t have to be stuck in An office you don’t have to suck at your house, you can take it anywhere.
You want with you not that I advocate working 24/7, but isn’t that a nice little quirk when you work from home from your computer, so I just thought that picture kind of pulled. It all together we’re going to talk about affiliate marketing today, and I want you to stick around because it’s not there’s different ways. You can do affiliate marketing and it’s one of the easiest ways to turn it into a passive income, because basically you’re setting up systems you’re, setting up a system to build a customer base.
You’re setting up a system where you communicate with them through automated sequenced emails and you’re, building up a system of products that you know that people want that solve problems for them and it’s all set up on the computer. It takes time there is a training below 30-day training that helps you to start understanding that and start putting those systems in place. Everybody starts from somewhere.
If you don’t know anything, that’s okay, that training will help you. Now, if you decide you want that training. I have a free pre training that kind of helps warm you up before. You start the intense 30 day training so make sure you take advantage of that as well cuz. I know when I did it. I knew nothing. I went in there cold turkey. I didn’t know anything about affiliate marketing. I didn’t know anything about having a business online and I learned so much I was so excited, but part of my problem was there was so much to learn a lot of those terms weren’t familiar, so that’s why I made that pre training so that it is Familiar to you when you’re going to go, oh okay, I understand these things and it kind of will help be fast-track a little bit through your training all right.
So what are we going to talk about? Affiliate marketing, like I said, is the best way to earn a passive income and with what is affiliate marketing affiliate marketing is when you take somebody else’s product and you sell it for them, and you might say I hate sales. I don’t want to sell things. I’ve already done the vacuum, cleaner thing and the you know door-to-door sales and all that remember anybody that you’re my age.
You probably remember all those things. It’s not like that. You can learn how to set up things that stay in place: they’re evergreen and once you find those products that people want they’re out there forever. I use YouTube. Actually, here we are, this, article will be there forever and if people are looking for ways to earn income as long as the ways that I have listed are still out there, I will leave these articles up and continue to help people figure out what they want To do – and I don’t have to keep going back and repeating myself if that makes sense, and I’ve even put them into a playlist.
So if you click the link below for the playlist, every article has three different ways: you can earn money. This one in particular, though, has one because affiliate marketing is really what’s near and dear to my heart, because I definitely want to go for passive income. So that’s why I chose to market affiliate marketing and I don’t have to create products. I’ve done that where I’ve done the shows where I’ve made crafts items and I went out and sold them.
So I love to sell things. I’ve done eBay, Craigslist, all those things, but I had to produce the product. I had to come up with something to sell. So that’s why I love affiliate marketing online because I can sell other people’s products now, let’s start over here we’re going to get to that article. In a moment, I talked about YouTube and I want to show you how you promote the products using a YouTube article and I’ll use that one in a moment, but where do I go to find the products where you go Amazon Associates has billions of products you Can sign up as an Amazon associate and start promoting products? Now they do have a six month trial period, where you have to sell at least three items to stay with them as an associate, and it’s just their way of cleaning house what if somebody came along, they signed up and they just checked it out.
They’re, like I don’t want to do this. Well then their accounts, it’s there forever and ever so. Amazon has set up a thing where, if you haven’t sold at least three items in six months, then they just close your account and if you decide hey, I changed my mind. I want to put more effort into it. I want to come back. You get approved again, it’s not a big deal, it’s just a way for them to clean up all those dead accounts kind of like what your bank does.
If you don’t use your savings account, they start charging your money that Amazon doesn’t charge. You, though, all right, so you can go at now. I will say some of the products only earned 7 to 11 percent, but that’s okay. It’s a great way to get started a great way to find products and start learning how to do it and Amazon. Everybody goes to Amazon right, so you’ve got an audience already now. The neat thing I like about Amazon once you get, what happens? Is you’ll go in you’ll sign up as an affiliate and they’ll give you special links and I might say: well I want to sell camera equipment and things that are related to that.
Maybe I have an interest in photography and I love all the equipment things and I want to make a website about that about how to be a photographer. Well then, I can find products that match my website about different equipment and I can have an affiliate link and people will click it and when they buy it, I get a commission now, do you have to have a website? No, you can have what we call a sales funnel instead and if you click below into that 30-day training, you’ll learn about that sales funnel and how to build it.
But people have websites as well. So that’s how you make money now! This is the thing: that’s cool about Amazon. If somebody comes along and clicks my link when they go yeah, I like that camera, but that’s not the one. I want I’m going to start exploring and looking at other cameras and you’re like well darn it they didn’t use my link. Well, they did. Amazon will still give you credit if that person purchases, something within.
I think it’s the next 24 hours it could be 48 hours, but if that person, purchases other things and start shopping, you get a commission on all of it because you’re the one that brought them to the site. So that’s pretty cool now. Another place that you can go is Clickbank. Clickbank has everything? Let’s get rid of that page? Okay, when you go in, you can look under featured products or you can look under over here on the left different categories.
So let’s go under health and fitness, that’s always an easy one. You can go under health and fitness and look for products that you might want to sell, maybe you’re really into health and fitness. You might be into cooking recipes things like that, and you want to help people to become the best version of themselves that they can. So you just start again a website or sales funnel, and you start promoting content that is related to that and then start offering different products.
Now, I’m talking about a lot of things like email, marketing, content things that you’re like whoa whoa whoa. All of that is in that 30-day training, so it explains it there. Is it an educational period to this? You can’t just jump in if you don’t know anything and start making lots of money. You have to learn. So I’m not going to lie to you it like. Oh, my gosh you’re, going to make money by tomorrow.
You’re not you have to learn how to do it, but let’s go into health and fitness down here and there’s all kinds: there’s diet and weight loss exercise. Fitness mental health, beauty, so there’s all these different areas, you can go into, let’s go into diet and weight loss, and so here there will be all kinds of different products that you can sign up for as an affiliate okay. Under there, oh, they went in again.
Okay, so, anyway, let me look here: let’s go up here to their menu. There we go, we want to be in their affiliate market place, that’s where we want to be the bright things weren’t popping up for me: okay, here’s the categories! This is what I was looking for this page sorry about that all right: let’s go back down to health and fitness and it will bring up some different products that you can promote.
If you choose now there also, when you look at the product, one of the things you want to look at is this gravity score, see that GRA V right here, the higher that that grab a score is the more that that products been selling. It’s been very popular, see this one flat belly fix flat belly fix, it has a 209 I remember coming in here, and it only had like a hundred and it keeps going up. But this is interesting.
The Cinderella solution has bypassed it’s. Both of them are reasonable prices – thirty, nine dollars, thirty three dollars and you’ll make a commission off of that. So in what this person will do, when you go in there, they will provide you with all the information that you need to sell the product. They’ll give you copyright they’ll, give you pictures they’ll, give you articles everybody’s, different and they’ll.
Say here: go sell my product because it’s a win-win situation. The person getting the product product wins because you help solve a problem. You get a commission for bringing it to their attention, so you’re, happy and the the seller is happy because you’re selling the product for them. So it’s it’s a really good thing for all three of you, it’s win-win-win! So that’s another place that you can go.
You can also go to JV zoo, JV zoo, I’m not going to go inside, but JV zoo sells digital products, so everybody’s always trying to learn something so go in there and you can find different. Somebody might have a whole program on having the right mindset for health and fitness, and you can promote that as well. Now the key is, if you decide to get into affiliate marketing, you want to stay within a certain niche, which means you keep hearing me say: health and fitness, health and fitness.
Everything has to be related. You don’t want to just go willy-nilly and go. Oh. Here’s a bunch of products from Amazon, because people want to start to see you as an expert and so they’re going to say wow. She really knows her stuff. She really knows about health and fitness, I’m going to trust her when she starts promoting and suggesting this other product and that’s what starts to happen. They get to know you like you and trust you and that’s when they buy from you.
Here’s another cool affiliate program. I actually offered it on in one of the other articles, but you can become a travel agent affiliate, so you can go into Expedia as an example and work for them as the affiliate promote their vacation. They might say: hey we’re, really trying to promote this occasion to roam and here’s all the stuff. Can you go out put this on your blog put this on your website, wherever whatever platform you’re using or your sales funnel and you’ll, learn how to do that in that 30-day training you promote it and bring people in, and when you sell it, you get a Commission, so I think I just recently have seen that, but travel agents affiliate program that would be so much fun, especially if you’d like to travel now some people, let me get rid of that there – some people like to create their own courses, it’s called digital course.
Digital marketing and they will go out and create their own courses and sell them. Okay, where does affiliate marketing come in you as an affiliate? Marketer can go in and sell those courses for them, so that may be what you’re interested in is helping people become an affiliate, marketer and selling courses for other affiliate, other marketers other people who build courses. So this one is Kevin David.
He last year, I think, brought in ten million dollars, he’s really big. He is an affiliate marketer, but he also makes his own courses, so he sells his own courses and then he has affiliates come in and sell them for him and a lot of times. I think his are 25 percent, most people who make courses offer 50 percent, so I don’t know why his are so low. I just pulled him up because he’s pretty popular, but most people will offer you 50 %.
Another place that you can start if you would like to become an affiliate. Clickfunnels has an affiliate program, they’re huge, it’s a software platform where people make sales funnels and again that’s where you can learn in that 30 days, how to do it, but they also have an affiliate program. So all the different programs and training that they offer, which are down here at the bottom – let’s see, what do we promote? They promote click funnels itself.
So when people sign up for click funnels, you as an affiliate would make 40 % off that sale. They have lots of different training that they offer dot books that they offer experts secant seekers, some secrets. Here’s one here funnel script, software I think it sells. For around 500, you make 40 percent, so here’s another one freelancer secrets and create your lap type life. This is a lot of training that is being sold and I think it sells out people pay $ 49 a month to stay in that group, and then you make a commission off of that to get people to join that group.
So that’s pretty cool. A lot of people are doing that they’re, making membership groups for people to sign up, for and in this case, Julia choice and she actually has affiliate, sell her membership so that they can come in for $ 49 a month. So that’s pretty cool! You can learn how to do that. I will put the link below it’s called bootcamp affiliate bootcamp, but you if you want to go in there and play around and look around the the bee and the bootcamp is free.
It’s there’s no charge for you to become an affiliate and for you to take advantage of the training to be in that bootcamp and this particular bootcamp even offers you a car. If you get a hundred Philly’its to sign up for click funnels, they give you a payment for car every month. So when you see people saying I’ve won a car, that’s how they did it by getting customers into the click funnels account.
Alright, and basically I told you at the beginning of the article, how do I promote myself? You have to have a sales funnel or a web page. You have to have a storefront. I say this in every single article. You can’t just go on Facebook and try to sell things. That’s called spamming. People don’t want. You know that yourself. When people start Facebook messaging you and popping things up all over the internet.
You you pretty much, that’s annoying! You you get away from them, but you might find somebody. This is Heather Peterson, Rachel, Peterson and Rachel does a lot of social media management. She runs an agency for social media management, so you may have an affiliate program. Let’s say you get into affiliate marketing and you want to be on several platforms. Well, it’s very difficult to find the time to be on all those platforms.
It’s actually not suggested that you do that, but maybe you’re getting to the point where you’ve been doing this for a while you’re on five or six different platforms. Well, you would hire someone like her they’ll go in and actually manage those platforms for you. But how does she promote herself she’s got a article here called how to get comfortable on camera. That has nothing to do with her business, but it does have something to do with YouTube.
A lot of people that are in social media marketing want to be comfortable on camera. They want to be comfortable, doing lives and things so she’s, providing them some content. Now, if you go down here under her article, where it says more, this is where people click and they find out what else she has to offer. So here she says, get my free resources for social media tips right right here and you can click right there.
You can also go down and she might say, offer some other things. Um down here, get her free sheet cheat sheet how’d. It go viral on purpose, so there’s all kinds of different things that you can sign up for and that’s how she’s promoting herself once you get that free cheat sheet, she’s going to say. Oh now, I might offer you some training that I have and things like that. So that’s how it works. You don’t really go out there and blast what you have you kind of offer some free content and then offer things below that.
So I I know that was a lot I got wordy. I tried to go fast. I know I don’t like to say if you’re still here. Thank you by the way. I truly want to. Thank you. I didn’t mean to make that such a long article, but I really I really really want to give you the resources that you need and some basic information. Let you know what it takes to get into affiliate marketing and, like I said, there’s a playlist below there’s the bootcamp and the 30 day training.
If you want to dig in and really start to see what it takes to start building your business, all right, we’ll stop there and again. Thank you for hanging in there to the end here.
This has actually been something that has been on my mind for, like the last week and a half So this weekend I was on. I was reading tons of blogs. I’ve just wanted to like first figure out.
Okay, like I already know, a lot of different ways and strategy to create passive income, But I was like there’s got to be other ways that I’m missing, So I always like to look out and see like okay in five ten years from now. Okay Is what I’m doing today going to get me to the point where I want to be in five to ten years and if it’s not, Then I like to readjust sorry situate and then just kind of move forward from there.
Okay, so like actually one of my mentors, he had this really good comment that I’ve always remembered I’ve always really liked, and it was in in five years or 10 years or 20 years or whatever. It is. Okay, no matter what There’s one truth and you’re going to be in ten years, You’re going to be ten years older, Okay, so doesn’t matter like what you do you’re always going to be ten years older, So it really depends on what you do today.
This is going to change the course of where you’re going to be in ten years from now So passive income or residual income. Basically, a quick explanation. Definition is you’re, not trading time for money. Right, Like you, obviously got to go put in some hours and some work to actually get to that point where you’re creating passive income. But it’s something we’re like you: can do the work once: okay, it or invest the money once and then you’re paid out long-term Over a longer period of time.
So I was just kind of like thinking about that. I’m just like okay. What like, what number, what I have to get to, if, like I, was living my dream lifestyle? How can I go through and create passive income to get to that point, and the thing is guys with this: This is not a get-rich-quick. This is more of the long-term and, if you’re, slowly, building like if each year, you add another five hundred dollars or even a thousand dollars of passive income to your Life, then think about that.
If you’re doing a thousand dollars every single year, it’s really not that much, But after ten years, you’re having ten thousand dollars per month of passive income coming in. So at that point honestly, like I mean that’s a six-figure income, You can literally quit your job. You can do what you really love, And so that’s what I like kind of mentality that I like to think of like Okay. What’s that number I need to get to and what are the things that I need to do to be able to get to that passive income Number that I can just live a completely carefree life.
They don’t have to worry about. You know financial things and money. Coming in and I could just do what I love right like you – can go through and start a new business, you could go and you know have a passion or hobby or any Of that stuff. So just a couple of things that just a couple of examples of different passive income. So one thing like you hear there is the term residual income. One thing that I think of always is network marketing, multi-level marketing.
So you’ve got like the big companies like Amway Nu Skin, There’s a tons of other ones out there, which I don’t you know. I don’t necessarily focus on that, But another method is going through and investing in real estate, so it could be residential real estate. It could be commercial real estate, It could be, you know, storage units, It could be billboards where you go through and let’s say you go and buy a single-family home Right or even in a multi-family home, and you pay.
You know – Let’s say it’s a $ 200,000 home And your mortgage on that is, let’s say, a thousand bucks and you’re able to get fifteen to eighteen hundred dollars a month. Rent Then you’re making the difference Right So like no matter what you’re doing You’re, making five to eight hundred dollars and obviously a lot of us can, you know Not a lot, but some of that’s going to go towards taxes. Some of it’s going to go towards like repairs and upgrades and just keepin kind of like all that property management stuff going on.
But you know you’re, making a good five hundred dollars of passive income that you’re making that only because you’ve Invested that money. Now, as I was thinking about all this stuff, One key concept I was thinking was like one: Not everyone’s got. You know 100 200 thousand dollars to go, throw into real estate And, yes, you can go through and you can get started with no money down. There’s a lot of different like plans and strategies, but I was trying to figure out like things that you can get started with with very little money or even started with with no money But might be more of a time.
Investment, because pretty much what I’ve learned is everything in life. You either get there faster via money or it’s going to take a little bit of time of your personal time, your sweat equity of going through and investing that time into Some sort of business. To get that investment get that return on that investment Right, So I’ve got real estate. You’ve got kind of like that network marketing.
There’s a I was reading some blah. They were talking about peer-to-peer lending, which I don’t know, I’m not a huge fan on that. I’m probably kind of more of a skeptic on that, but there’s a site that they talked about. It’s called Lending Club calm, so you guys can go check that out. I actually didn’t go check that out, but on some of the sites I was reading, they said you can get about a six to ten percent return on your money and You can invest as little as a few hundred dollars or even a thousand bucks.
So if you got kind of got less money and you want to go through and go do that route, Then obviously that’s something you can go through and make happen also investing in stocks. But one thing guys: I want to share with you guys What I what I think that I want to go through and continue to grow and continue to do and Creating that passive income for my life and something that, like in five to ten years, It’s still Going to benefit me – and I don’t have to have the high cost of even property tax like real estate or you know It’s going to be something that can serve me for years to come and that is going through and continuing one To build.
My youtube blog. So right here that you guys are reading and then second I’m thinking about starting a blog to go through and have similar content that I like share on the blog or Share on my youtube blog, But put it on the blog. Because sometimes people like to read articles other people just more like to read or like to look at pictures and so kind of having those two aspects to be able to go through And make money and grow my email list, Okay, Cuz an email list – is actually Something that can create a lot of passive income Where you go through.
You start build an email list. If you get a thousand people on that email list And you’ve got a product, you got your own products. You’ve got affiliate products, So affiliate product is basically someone else’s products, but they’ll pay you a twenty-five to fifty to seventy-five percent commission to go through and promote their product, which is kind of nice, because You don’t have to worry about the product development and their sites.
Like Commission Junction Clickbank, where there’s tons of products in all these different markets that you can go through and promote now the reason why I, like a blog and I like a YouTube blog so much this goes back to when I was first getting into old digital Marketing space and I Started up a dental website and promote that dental website. I started a dental YouTube blog Okay and this is dead YouTube blog.
I was going through and targeting keywords like dental implants, teeth, whitening, cost of dental implants. Like all these different keywords – and The idea was to have people find my articles because they were searching on YouTube or Google or something like that, find the articles, and then they would eventually go to my blog now. The wonderful thing about this is unlike a Facebook, post or even an Instagram post, which those are both great platforms to go through and build a following on, but You make that Instagram post and three days later, It’s so deep in the newsfeed that it’s really not Going to benefit you, Okay, Whereas if you go through and make a youtube article just like this one or if you make a blog and you have a blog Post and you’re targeting specific keywords So like, for example, this one: how to create passive income for dummies And 20:18, Then that’s something that people are going to actually type in the search engine: Okay And then in five years, ten years and all that stuff.
From now. If it’s ranking in the search engine, People are still going to find that Okay, so that is Passive income that you go through and you’re able to make. So you go through that, basically is an asset that you have That absolutely never dies. Okay, so like, unlike I kind of call that virtual real estate right So you’ve got a blog post, which is kind of like a plot of land. Okay, that you own or a YouTube articles like another little plot of land that you own And if you guys put ads on it or if you go through – and you have you know, An opt-in to your email list and you’re selling other products.
These are just different little ways to go through and monetize this following and this blog that you’re creating And remember guys, like you got to think a long term Right. So many people get into it and they’re like I didn’t make money the first month. I didn’t make money the second month the third month and they just kind of quit, Whereas like if, over the course of a year, You could just make an extra 500 bucks a month.
You grow that 500 bucks a month. That’s six thousand dollars for the year right. That’s pretty nice! That’s like that is a that’s a hefty car payment right there, five hundred dollars a month. Okay! So that’s the way you just kind of got to think about this passive income and these different strategies, where you don’t have to have a Ton of money to go through and invest into real estate. But if you put in the sweat equity, the labor Go through and figure out, learn a skill like how to go through and start and grow a YouTube Channel how to go through and start and grow a blog.
How to go through and start building an email list and sell Affiliate products just different things like that, there’s so much free material all over the internet on how to start a blog, how to start a YouTube blog, how to start an Email list how to go Through and promote Affiliates products, because a lot of times the product owners, if you are an affiliate, They have a ton of free, coaching and free training just to give you because they want you to promote their own products right.
So It’s a great way to go through, create a article how to whatever okay and then five years down the road, if someone’s looking to go through and how to create passive income or how to Run a Facebook ad or how to do whatever they’re going to See that same article that you ranked So many years pass like I’ve got articles that I put up in January of this year, because that’s when I started really getting serious with my youtube blog and now they’ve got about 30,000 views, whereas that first day or those First, two days, They maybe only got like a hundred – maybe two hundred views.
Okay, So it’s just all that attention that builds up and you’re able to go through and create passive income. In the last six months, I’ve been able to grow this YouTube blog to making about twelve hundred dollars a month, a passive income. So Just think about it. I mean obviously that’s a little bit quicker than most people, because I’ve got somewhat small Channel. Still It’s about 8,000 subscribers, twelve hundred dollars a month, Whereas I know other people who have bigger blogs than I do like I’ve got.
A friend he’s got a blog with 300,000 subscribers and he’s only making about three thousand dollars in passive income, and that’s because the audience is just different right, so He’s going after an audience That is just always on YouTube and they’re, just kind of like read it Seen all these different ads, Whereas, like the audience that I target, is more business owners. You know real estate agents is people that are a little bit higher quality Of value to YouTube and to advertise when they’re going through and displaying their ads.
So, anyway, guys hoping this was helpful as far as like some different ways to go through And create passive income for your life and just think of that long-term mindset. Okay in five years in ten years, in like 15 years, What can you do? This may be adding $ 100 a month, a passive income to your life, So you’re adding $ 100 a passive income every single month by the end of the year after 12 months, You’re at 1200 dollars a month, a passive income.
Okay and yes, it’s not completely replacing your full-time job right now, But give it a couple years, give it three to five years and that completely replaces your full-time income, where, if you wanted to quit your job and focus a hundred percent full on on, You know, Creating a YouTube blog or creating a blog or any of these different things You go through, create that passive income and then the money you’re making from that you can go through and invest into real estate.
You can invest into stocks. You can invest in just a bunch of different things, But the key is you just got to start small, You got to start somewhere and the best time to start is right now, because you know, if you go down five years from now, Then you’re like man. I should have started creating passive income because believe me at some point, There’s going to be a time in your life or you’re like man.
I wish I had more passive income when you get to be about 50, 55, 60, 65 And you’re thinking about retirement you’re, going to wish that you had started earlier of creating that passive income So that you can go through and support your lifestyle. What, however, grandiose you want it to be, or, however, just small and simple Just be able to have that money coming in, so you don’t ever have to worry about finances ever again.
Alright, so you know you guys, if you guys enjoyed this article and you want me to make more articles about creating passive income and how to Do it with a youtube blog or a blog or different things like that drop, a comment down below, or Even just Kind of even building an email list and I’m more than happy to create more articles of how I’ve gone through and created Different passive income streams for myself and my life, my business and I want to be able to go through and share those with you Guys.
100 % free here on this blog, because I’m just I’m here to support you guys, I’m here to help you guys with everything that you’re doing So. If you guys, like this article, go ahead, give it a thumbs up. Also, if you’re brand new here make sure you guys subscribe, because we launch new articles every single week, how to generate more leads, make more money and Grow your business right. So thanks so much guys for reading – and I see you all later –
I talked about the stock market, personal finance, entrepreneurship, things like that. So here’s that kind of stuff here or not yet subscribed definitely consider subscribing but other than that getting into it. So, like I said I’ll, be talking about passive income and specifically I’ll be talking about what passive income actually is.
Some misconceptions about passive income, then how I make it and how you might be able to as well so one of the best investors of all time, the one of the goats Warren Buffett says: if you don’t make money, while you sleep, you will never become rich And I definitely definitely agree with this now, when I’m talking about passive income, I’m not talking about starting some, like amazon, FBA or some Shopify store, or some like that, I’m talking about actual passive income.
So looking at passive income in its purest forms – and I think there are a lot of different forms of passive income in different ways – it can be like associated with different incomes, but either way. The purest forms of passive income is just simply investing in the stock market in one way or the other or investing in real estate, so why? Those are the two purest forms of passive income? Well, if we look at what passive income actually means, it basically means putting X amount of money into something and then having that just simply generate you more money and that’s really what passive income in is at its purest form.
So, relating this to the stock market, you put X amount into the stock market, whether it’s an you know, it could be in stocks, individual stocks ETFs different kinds of funds, bonds, whatever it might be, and then having that money grow over time and maybe make you Make money through capital gains or through dividends, and then, when looking at real estate, it could be investing in REITs or literally investing in physical, real estate like apartments or houses.
Duplexes offices different things like that, then getting money again through capital gains dividends as well as perhaps some sort of rent. Now those are the two purest forms of passive income, and I think it is actually important to have you know one or both of those in your kind of like arsenal of income, because those of course are the, in my opinion, some of the best ways that You can make money over the long term and specifically I invest in the stock market.
I really do enjoy investing it’s really smart to do it. You know whatever age rap, it doesn’t really matter, but either way getting back to the passive income aspect of it. In order to actually make some sort of income that you could live off of or get you to quit your 9 to 5 or maybe get you to stop working a little bit less, you need a significant amount invested into the stock market and it would be Upwards of hundreds of thousands of dollars now I don’t think if you’re reading this article I’m going to have to assume – and I know I don’t myself – just simply – have hundreds of thousands of dollars lying around to invest and the stock market.
That’s why in 2019, I actually think there are some smarter ways to get passive income online and it’s kind of exactly what I’m doing right now. So, basically, I think the easiest way to create passive income online is basically to create a mini online business through a bunch of different ways, and it basically is what I’m doing right now. So I think the easiest way to actually create just overall income and even to start off of business, which I would consider somewhat passive in nature, because it’s not going to be your full-time job.
Just yet, it’s simply by creating contact online. Whether or not it’s through YouTube or Twitter or Instagram, it doesn’t really matter, but I think the smartest way by far to make an online business that could create passive income, for you is just simply by creating content online. Now, obviously, there’s a ton of different ways to create content, and I think personally, the smartest way to do it is actually to go.
Follow Gary v’s, like content structure, you could just Google like Gary Vee content. I think it’s like slide on slide shares or something like that. It’s this beautiful way to do it, but I’m not going to break down the entire thing, maybe in a different article, but either way. Basically, what you have to do is do exactly what I’m doing so, pretty much figure out something you enjoy talking about or writing about, or making pictures about doesn’t really matter.
They could be anything from the stock market. To you know, entrepreneurship, to astronomy, Harry Potter. You know NFL, it doesn’t really matter if you’re interested in it, there’s probably other people who are interested in it as well. The next thing you got to figure out is where how are you going to actually make this content online, so this is going to be through article audio picture, written form.
It doesn’t really matter now. Obviously, if you’re doing article, I think there’s some the easiest way to do is just simply through YouTube. It’s super easy to use. It’s convenient it’s free, then, if you’re using audio, I actually think a podcast is a great way to go as well, but this could be a little bit different if you’re, like an artist or something that obviously you need to use SoundCloud or some medium like that.
But I actually think podcasts are super easy. I personally use anchor for my own podcast, which I don’t post on as much as I should. But anchors are free to use one that pretty much allows you to post on every platform that you could possibly listen to a podcast on and then, if you’re going. Some sort of visual – that’s not article like perhaps if you’re trying to do some sort of pictures, of course, there’s always Instagram Pinterest.
I mean there’s literally so many social media networks out there that you probably use yourself. Well, you know Facebook, even you throw that in there as well, that you could post do, but I personally like YouTube and think it’s the best to start off on. If you are a beginner, but either way once you figure out how you’re actually going to produce that medium, of course, the next part you’re going to want to do is actually just simply start creating so a lot of people.
I know they asked me because I have like a reasonably: I have a pretty decent following on YouTube right now and on social media online in general, a lot of people asked me how I got my following and how I started: making money off youtube and honestly, The simplest way is just to simply start posting content, so when you actually start making content and actually start putting it out there, if you just go back and look at some of my earliest articles, my articles were really really bad and when I first started making Articles on YouTube is literally me just simply screen recording my phone.
It wasn’t even me sitting in front of a camera. So when you first start off posting your content, you know whether it’s on YouTube or not. It’s probably not going to get millions of views or likes or retweets, whatever it’s probably going to get none and probably the only people retweeting it’s going to be like your boyfriend or girlfriend or mom or dad. Whoever might you know you told what you’re doing, but either way you have to start off somewhere.
I think it is smart. Jesus simply start creating content, not necessarily worrying about if it’s the best thing ever, but just start getting it out, because your first article your first picture, your first podcast is going to be a whole lot worse than your hundreth one, and I could definitely agree with That, with more than ever and then speaking about actually how you start making money and actually start making income off of these, there are so many different ways.
Personally, how I make money from my youtube blog is one. The biggest revenue source for me is just simply through Google Ads. So that’s one thing that I really like about YouTube as well. Is that it kind of does a lot of monetization stuff for you. So when you I’d just simply upload articles and I’ve reached actual monetization requirements on YouTube, YouTube literally pays me just simply for uploading articles that are monetized and getting monetized views now, of course, not all websites and social media sites are like this, but there’s so many Different ways: another way to make money is through referral marketing.
So basically, I use m1 finance and acorns referral marketing links, so those links are in the description and when you sign up using those links and fund your account, you get either five or ten dollars, and then I also get five or ten dollars. When you do that as well and then similar to that, there’s also affiliate marketing, which I know a lot of people out there make a ton of money off of. But I personally don’t because it just doesn’t relate to my blog.
But I talk about as much but in the description to see as well there’s an Amazon affiliate link and basically, if you click that link and buy something on Amazon, I get a small commission from that. That’s usually under like four percent, and really I don’t make pretty much any money from that at all. I only make like 20 bucks a month off of that if I’m lucky, but obviously, if you’re making something that’s more product oriented if you’re reviewing or unboxing things, you probably make a whole lot more money off of that and, of course, you could also just simply Try to sell stuff, that’s associated with what you’re talking about which I actually think is like one of the easiest ways to make money.
So there’s a bunch of different things you could sell, you could sell physical products. So if you want to go out there and make a soccer Instagram page, maybe perhaps you can make a little site income off selling soccer, jerseys or soccer balls, and then you can also sell things that aren’t physical, like ebooks, like just literally selling your own work Online, so if you’re like an artist or something like that, then also you could sell things like courses and like free article chatting live streaming with you or something like that, and there’s youtubers out there in my field that make money from literally doing client calls with People like they’ll charge from 20 bucks for a half-hour or something like that, there’s so many different ways out there.
You could make money that it is absolutely crazy and I think if you are, you know complaining about your nine-to-five job or if you really want to create some sort of passive income online. I really do think this is the easiest way out there. Just do it by far and other than that, just speaking on behalf of my actual passive income and what I do with my youtube blog so right now, I’m making a little over a thousand bucks a month from just my youtube blog, and I really don’t post Too often on any other social media – and this is really the only YouTube blog – I have that generates any money.
So in the future. What I actually plan to do is obviously continue to grow and work on this YouTube blog, but also expand this blog out on different social media networks. So I do have an Instagram. I do have a Twitter, but don’t really post too much on them. I want to post more on Instagram more on Facebook, which I also have more on Twitter and then also branch out onto other social media platforms like LinkedIn and even other newer ones like tick-tock and then also.
Lastly, one other thing I’ll do to continue to branch out this kind of passive income stream, for myself is just to simply try not necessarily to you know, keep the revenue going with this specific YouTube blog, but also start off different YouTube blogs that might be associated With this one like, I want to definitely start like some sort of like YouTube social media, how to because I’m actually pretty good at that YouTube type blog.
And then I also have a gaming blog, which I’m doing a tech blog which I’m doing, which obviously you haven’t or fu. I don’t know if you check them out or not, but have not grown nearly as much as this one have. Yet. But again I don’t post on those nearly as much as I do on this blog. So that’s my pretty much passive income goals for the next year or so then also what I’m doing right now, and I hope this really helped you guys but other than that guys it’s really air for this article.
So definitely let me know in the comments section what you think of this. I personally think this is just simply the easiest way to make income in 2019 and I think it is passive in nature because a lot of times when you’re doing this stuff, it’s a lot of initial work at once, but then once you kind of get, it Start rolling you get into a routine of things, it’s a whole lot easier and personally. For me, it is pretty passive in nature, but other that guys, like I said before, if you knew the blog definitely subscribing talk about the stock burger personal finance entrepreneurship.
Things like that to me interests that kind of stuff and you’re not subscribed, definitely consider, subscribing and also feel free to check out my social media. I have those affiliate referral links in the description as well, if you’re interested in any of that stuff, but other than that guys. Thanks for reading, I hope you enjoyed
I talked about the stock market, personal finance, entrepreneurship, things like that. So here’s that kind of stuff here or not yet subscribed definitely consider subscribing but other than that getting into it. So, like I said I’ll, be talking about passive income and specifically I’ll be talking about what passive income actually is.
Some misconceptions about passive income, then how I make it and how you might be able to as well so one of the best investors of all time, the one of the goats Warren Buffett says: if you don’t make money, while you sleep, you will never become rich And I definitely definitely agree with this now, when I’m talking about passive income, I’m not talking about starting some, like amazon, FBA or some Shopify store, or some like that, I’m talking about actual passive income.
So looking at passive income in its purest forms – and I think there are a lot of different forms of passive income in different ways – it can be like associated with different incomes, but either way. The purest forms of passive income is just simply investing in the stock market in one way or the other or investing in real estate, so why? Those are the two purest forms of passive income? Well, if we look at what passive income actually means, it basically means putting X amount of money into something and then having that just simply generate you more money and that’s really what passive income in is at its purest form.
So, relating this to the stock market, you put X amount into the stock market, whether it’s an you know, it could be in stocks, individual stocks ETFs different kinds of funds, bonds, whatever it might be, and then having that money grow over time and maybe make you Make money through capital gains or through dividends, and then, when looking at real estate, it could be investing in REITs or literally investing in physical, real estate like apartments or houses.
Duplexes offices different things like that, then getting money again through capital gains dividends as well as perhaps some sort of rent. Now those are the two purest forms of passive income, and I think it is actually important to have you know one or both of those in your kind of like arsenal of income, because those of course are the, in my opinion, some of the best ways that You can make money over the long term and specifically I invest in the stock market.
I really do enjoy investing it’s really smart to do it. You know whatever age rap, it doesn’t really matter, but either way getting back to the passive income aspect of it. In order to actually make some sort of income that you could live off of or get you to quit your 9 to 5 or maybe get you to stop working a little bit less, you need a significant amount invested into the stock market and it would be Upwards of hundreds of thousands of dollars now I don’t think if you’re reading this article I’m going to have to assume – and I know I don’t myself – just simply – have hundreds of thousands of dollars lying around to invest and the stock market.
That’s why in 2019, I actually think there are some smarter ways to get passive income online and it’s kind of exactly what I’m doing right now. So, basically, I think the easiest way to create passive income online is basically to create a mini online business through a bunch of different ways, and it basically is what I’m doing right now. So I think the easiest way to actually create just overall income and even to start off of business, which I would consider somewhat passive in nature, because it’s not going to be your full-time job.
Just yet, it’s simply by creating contact online. Whether or not it’s through YouTube or Twitter or Instagram, it doesn’t really matter, but I think the smartest way by far to make an online business that could create passive income, for you is just simply by creating content online. Now, obviously, there’s a ton of different ways to create content, and I think personally, the smartest way to do it is actually to go.
Follow Gary v’s, like content structure, you could just Google like Gary Vee content. I think it’s like slide on slide shares or something like that. It’s this beautiful way to do it, but I’m not going to break down the entire thing, maybe in a different article, but either way. Basically, what you have to do is do exactly what I’m doing so, pretty much figure out something you enjoy talking about or writing about, or making pictures about doesn’t really matter.
They could be anything from the stock market. To you know, entrepreneurship, to astronomy, Harry Potter. You know NFL, it doesn’t really matter if you’re interested in it, there’s probably other people who are interested in it as well. The next thing you got to figure out is where how are you going to actually make this content online, so this is going to be through article audio picture, written form.
It doesn’t really matter now. Obviously, if you’re doing article, I think there’s some the easiest way to do is just simply through YouTube. It’s super easy to use. It’s convenient it’s free, then, if you’re using audio, I actually think a podcast is a great way to go as well, but this could be a little bit different if you’re, like an artist or something that obviously you need to use SoundCloud or some medium like that.
But I actually think podcasts are super easy. I personally use anchor for my own podcast, which I don’t post on as much as I should. But anchors are free to use one that pretty much allows you to post on every platform that you could possibly listen to a podcast on and then, if you’re going. Some sort of visual – that’s not article like perhaps if you’re trying to do some sort of pictures, of course, there’s always Instagram Pinterest.
I mean there’s literally so many social media networks out there that you probably use yourself. Well, you know Facebook, even you throw that in there as well, that you could post do, but I personally like YouTube and think it’s the best to start off on. If you are a beginner, but either way once you figure out how you’re actually going to produce that medium, of course, the next part you’re going to want to do is actually just simply start creating so a lot of people.
I know they asked me because I have like a reasonably: I have a pretty decent following on YouTube right now and on social media online in general, a lot of people asked me how I got my following and how I started: making money off youtube and honestly, The simplest way is just to simply start posting content, so when you actually start making content and actually start putting it out there, if you just go back and look at some of my earliest articles, my articles were really really bad and when I first started making Articles on YouTube is literally me just simply screen recording my phone.
It wasn’t even me sitting in front of a camera. So when you first start off posting your content, you know whether it’s on YouTube or not. It’s probably not going to get millions of views or likes or retweets, whatever it’s probably going to get none and probably the only people retweeting it’s going to be like your boyfriend or girlfriend or mom or dad. Whoever might you know you told what you’re doing, but either way you have to start off somewhere.
I think it is smart. Jesus simply start creating content, not necessarily worrying about if it’s the best thing ever, but just start getting it out, because your first article your first picture, your first podcast is going to be a whole lot worse than your hundreth one, and I could definitely agree with That, with more than ever and then speaking about actually how you start making money and actually start making income off of these, there are so many different ways.
Personally, how I make money from my youtube blog is one. The biggest revenue source for me is just simply through Google Ads. So that’s one thing that I really like about YouTube as well. Is that it kind of does a lot of monetization stuff for you. So when you I’d just simply upload articles and I’ve reached actual monetization requirements on YouTube, YouTube literally pays me just simply for uploading articles that are monetized and getting monetized views now, of course, not all websites and social media sites are like this, but there’s so many Different ways: another way to make money is through referral marketing.
So basically, I use m1 finance and acorns referral marketing links, so those links are in the description and when you sign up using those links and fund your account, you get either five or ten dollars, and then I also get five or ten dollars. When you do that as well and then similar to that, there’s also affiliate marketing, which I know a lot of people out there make a ton of money off of. But I personally don’t because it just doesn’t relate to my blog.
But I talk about as much but in the description to see as well there’s an Amazon affiliate link and basically, if you click that link and buy something on Amazon, I get a small commission from that. That’s usually under like four percent, and really I don’t make pretty much any money from that at all. I only make like 20 bucks a month off of that if I’m lucky, but obviously, if you’re making something that’s more product oriented if you’re reviewing or unboxing things, you probably make a whole lot more money off of that and, of course, you could also just simply Try to sell stuff, that’s associated with what you’re talking about which I actually think is like one of the easiest ways to make money.
So there’s a bunch of different things you could sell, you could sell physical products. So if you want to go out there and make a soccer Instagram page, maybe perhaps you can make a little site income off selling soccer, jerseys or soccer balls, and then you can also sell things that aren’t physical, like ebooks, like just literally selling your own work Online, so if you’re like an artist or something like that, then also you could sell things like courses and like free article chatting live streaming with you or something like that, and there’s youtubers out there in my field that make money from literally doing client calls with People like they’ll charge from 20 bucks for a half-hour or something like that, there’s so many different ways out there.
You could make money that it is absolutely crazy and I think if you are, you know complaining about your nine-to-five job or if you really want to create some sort of passive income online. I really do think this is the easiest way out there. Just do it by far and other than that, just speaking on behalf of my actual passive income and what I do with my youtube blog so right now, I’m making a little over a thousand bucks a month from just my youtube blog, and I really don’t post Too often on any other social media – and this is really the only YouTube blog – I have that generates any money.
So in the future. What I actually plan to do is obviously continue to grow and work on this YouTube blog, but also expand this blog out on different social media networks. So I do have an Instagram. I do have a Twitter, but don’t really post too much on them. I want to post more on Instagram more on Facebook, which I also have more on Twitter and then also branch out onto other social media platforms like LinkedIn and even other newer ones like tick-tock and then also.
Lastly, one other thing I’ll do to continue to branch out this kind of passive income stream, for myself is just to simply try not necessarily to you know, keep the revenue going with this specific YouTube blog, but also start off different YouTube blogs that might be associated With this one like, I want to definitely start like some sort of like YouTube social media, how to because I’m actually pretty good at that YouTube type blog.
And then I also have a gaming blog, which I’m doing a tech blog which I’m doing, which obviously you haven’t or fu. I don’t know if you check them out or not, but have not grown nearly as much as this one have. Yet. But again I don’t post on those nearly as much as I do on this blog. So that’s my pretty much passive income goals for the next year or so then also what I’m doing right now, and I hope this really helped you guys but other than that guys it’s really air for this article.
So definitely let me know in the comments section what you think of this. I personally think this is just simply the easiest way to make income in 2019 and I think it is passive in nature because a lot of times when you’re doing this stuff, it’s a lot of initial work at once, but then once you kind of get, it Start rolling you get into a routine of things, it’s a whole lot easier and personally. For me, it is pretty passive in nature, but other that guys, like I said before, if you knew the blog definitely subscribing talk about the stock burger personal finance entrepreneurship.
Things like that to me interests that kind of stuff and you’re not subscribed, definitely consider, subscribing and also feel free to check out my social media. I have those affiliate referral links in the description as well, if you’re interested in any of that stuff, but other than that guys. Thanks for reading, I hope you enjoyed
What is the future millionaires? Jessie unlock tier, the unlocked entrepreneur, coach and my goal with this blog is to help you unlock your ultimate lifestyle, so real, quick before we get into the meat of this article, if you guys are serious about you, know, becoming an influencer and making passive income from It be sure to check out the links in the description below, because it’s going to have a lot of information and valuable tools that you can use to get ahead so excuse the mess we just moved into our new place.
So it’s a little scattered. But let’s get into the three fundamentals: the three foundations that you really need to become a social-media influencer number one is a platform. Now what a platform is is basically, where do you want to start if you’re just getting started? Just think of one platform where you want to get started, this can be Facebook, it can be YouTube, it can be Instagram, but you have to have a platform to decide where you’re going to influence.
So, let’s say you’re getting started in YouTube now with YouTube. You’re. Obviously, going to be making articles you’re going to want to be somewhat comfortable on camera, because you know it gets easier, the more you do it now. If you want to go on Facebook and kind of build your influence there you’re a little more comfortable on Facebook. Facebook stope, it gives you options and you can actually either start a Facebook group.
You can do article if you want to do Facebook live if you’re down for the challenge. That’s pretty cool and they’re. Giving a lot of you know beef to it. So you can do lives or you can kind of go behind the scenes like a lot of people, are doing personal branding and actually making a lot of money just doing Facebook groups. They build a group, they post some content, they get people to check it out and they sprinkle affiliate links where they can actually start making some money.
So it really kind of comes down to your preference and Facebook gives you a lot of options. Now. Let’s say you want to tackle Instagram as a platform. Instagram is cool if you like, working with images and you’re down to either make your own images, you know, take cool photos set up cool settings. Take pictures of accessories, clothing, shopping brands more of that route. If you want to be that kind of influence, like a fashion, influencer or you’ve, been like a cooking like a chef, influencer or like that, would be dope for Instagram.
However, you’re not super limited to making your own content, you can also basically be a curation page where, let’s say you like cars, you’re really into cars, you can look at cars all day. You know lots about cars right. You can make either a luxury. You know cars page, you could make it old-school cars page like hot rods and old motorbikes, and maybe old cars and vehicles that they used to use in old school movies like that could be a niche you know, but these are just options that you can do With Instagram, so Instagram gives you a lot of options as well.
You can either create your own content or you can pull together a page of similar themed content now. The second thing you want to have is a topic in our niche. I’ve heard it said niche. It just kind of depends on on how you want to say it doesn’t really matter, but having this is going to be super crucial, because it’s what you talked about so, for example, you want to start thinking in ways of like what are your hobbies.
What are hobbies that you have that other people have like that is more of like a broad thing, that you know that people like and there’s a few ways that I can give you on finding this niche, so that you know it’s a it’s. It’s a popular ish niche. Now, let’s take a look at health and fitness. When you look at health and fitness, it’s a really broad topic right, but when you get down to it you know it could even go into like fitness and nutrition is kind of the crossroads.
Then you go into fitness and there’s all kinds of different Fitness right. There’s p90x there’s lifting there’s running. There’s you know, triathlons, there’s marathons, there’s yoga, there’s all kinds of different topics right: those are all niches, so maybe you’re a gamer bu. You know – and these are the experiences that I know – maybe you’re a gamer – maybe you’re a lyft – or maybe you like meditation, maybe you’re – into tarot card reading.
You know just start thinking about the things that you do and the stuff that you read up on the stuff that interests you in that you find yourself going back to again and again. Another way to find a good niche is actually what I call the the magazine test and a way to find a good niche and one that’s actually profitable, is by looking and seeing if there’s already a magazine out on it on that topic, and one way to Do this is actually through Amazon.
Amazon is like the they’re, just the biggest store on the planet. Basically, and if you go on the the books segment, there’s an area for magazines and they you – you will see all kinds of magazines that not even Barnes and Noble has but what’s important to know is that if there’s a magazine on it, that means there is Enough demand to make that magazine, otherwise it wouldn’t waste the time or the energy to make it happen.
So if there’s a magazine on the chances, are it’s popular enough to make a magazine on now the next way and like more like the last way of finding a good niche that I’ll recommend in this article for today is actually going on Facebook. So if you’re probably already spending time on Facebook chances, are you know about Facebook groups? Now, if you go into the search bar and you search whatever your niche may be, and let’s say it’s tarot card reading, you’re going to find groups on it and you want to make sure that there’s at least at the minimum, like 5,000 people in multiple groups, If there’s only like one group and there’s a few hundred people, it’s probably going to be an uphill battle.
If you choose that as a niche now, if you find something more popular, you know like something I looked into when I was doing affiliate marketing was juicing. I noticed that there were a few different juicing groups and detox groups, so I knew that that was something that would be worth my time and energy pursuing. So whatever your niche is just look in the the search bar and start looking at groups just join the most popular one, so you can kind of see.
Obviously that’s going to be where you’ll find the most engaged people. So it’s worth checking out and seeing what kind of conversations they’re having what problems they’re having what kind of things are talking about? Maybe there’s news. There’s updates and you’ll find out what people are talking about in that niche, and it’s going to it’s going to give you an advantage, but you just right now. You just want to see that it’s popular there’s people talking about it and that there’s interest so that wraps up fundamental foundation number two so guys once you have your platform and once you have your niche, it’s time to figure out the content, that’s right! Content is number three, so with number three being content, you guys already know that content is king content.
Basically, is the deciding factor on whether or not you move up you move down or you stay neutral. So, if you’re coming into this new, unfortunately it’s not as easy as just planting your flag and saying you’re the expert right you’re going to want to have some stuff. That really proves, without a shadow of a doubt, that you know what you’re talking about, and this can be done in article. It can be done in pictures, infographics, podcasts, really any form of media that you decide you’re comfortable with and the more you put out.
The more of an expert you become not just to other people, but really to yourself. You know you get better at talking about that thing. You become more confident talking about that thing and, as you become more of an expert, your content gets better. The way you talk and portray yourself in and speak and your voice gets better over time and that’s kind of the the best compounding effect is because you might feel a little.
You know not so confident at first but the more you do this like it just builds and it becomes really really cool because then people believe you people believe that you’re an expert, because you get confident about what you’re talking about and by staying in your lane. You really show that you’re an expert and you to others when they come across your content, that you are the expert in that field.
So one is the perk that you become the expert you’re seen as the expert now. The second thing, the second like perk, is you’re. Just it’s seen that you’re active in the field. You know a lot of people get hesitant to buy books when they’re a little older, because you’re afraid the content doesn’t really hold up anymore. So, especially with things like social media and things online, the game is always changing.
The game is always growing right. Things are shifting constantly so a book like, let’s say in social media marketing that came out in like 2008 you’re going to be super, hesitant to believe the content, because it’s so old. So if you’re like going off the content that you made two years ago three years ago, it’s stale you know, so you want to make sure that you’re pumping out active content, because people are like alright.
This guy’s always posting content, he’s freshening the game. He knows what he’s talking about he’s always posting like the most up-to-date content and they’re more likely to believe you because you’re on top of it you’re like you, have your finger on the pulse and you’re like alright. I know exactly what’s going on and then they come to you because they start to trust you and they go okay, it’s easier for me to get my knowledge from this guy, because he’s constantly he’s been right before and he’s constantly providing me the most up-to-date content.
I don’t have to go to this site. I don’t have to go to this person. I can just go to this person because they’re the expert, and they know exactly what’s going on so the last perk of creating relevant content – is that it builds your audience and it really gives people more of a chance to find you. We we’d all love to have like that. One homerun piece that just knocks it out of the park and all of a sudden everybody knows our name and everyone.
We want to work with knows about us and all of our customers instantly want to buy from us right, but that’s just not how it works. You know it really does take shots. It’s like that. That wing risk that Wayne Gretzky quote where he mentions, like you, miss 100 % of the shots you don’t take. You know the way I like to consider putting out content is pretty much like like hooks. You know like like you when you’re fishing and you have hooks in the water and like if you only have one article, if you only have one piece of content, if you only do one picture, that’s like having one hook in the ocean, so with that analogy, In mind, do you want to have one hook in the ocean, or do you want to have hundreds of hooks in the ocean and really care and tea that you’re bringing home a fish like that? It’s it’s really that simple! The analogy is just that clear and by posting content on the regular and becoming someone who’s active in the community, it really builds all three of those.
So you know people see you as an expert. They know that you have your finger on the pulse, that you’re active and three. You just have so many hooks in the water that people are bound to see your content and that you’re getting better all the time. So my question for you guys in the comments section below, is what niche are you going into and what platform are your going to be using, go ahead and comment in the section below and let’s have a conversation? If you have any questions, I would love to bounce ideas back and forth.
Now, hopefully, you guys got some value out of this article, if you’re looking for a course check the description, the links below I’m recommending Ryan Hill jurist influenced a revolution course because he straight gets from A to Z on what it takes to start a personal brand And actually monetize it and start making some passive income. He gives you everything whether it’s email swipes a sales script, exactly how to do a webinar exactly how to make a product.
It’s insane value, and I can’t recommend it any more than I already have. So, if that’s something that you guys are interested in, go ahead and click the link below, so you guys got some value from this article be sure to subscribe. Smash that, like button, if you’re already subscribed – and I appreciate it guys always remember the goal – is progress, not perfection so make sure to keep taking action, and I will see you guys on the next one.
This is Jesse unlocks signing off bye. You
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They actually sent me the money now. This income was so passed that I didn’t even know that I was earning it hi, I’m Gia’s wheeler and welcome to the blog and thanks for reading. So how did this happen? Well about five years ago, I was getting into stock photography and I uploaded you know a couple hundred photos to about a dozen sites.
After that I figured out which sites I was making the most money on, and I kept uploading photos to the best sites. Now one of those sites was called photo dude at the time photo team was making me about $ 50 a year, so it wasn’t really worth the effort to keep uploading there regularly. Also, I didn’t bother reading the emails they sent me because the stock photography account fees. They send you a lot of marketing emails, so without my knowledge, photo dude made some pretty big changes on their platform and my earnings went from $ 50 over a year to over two hundred and fifty dollars a month.
As part of this change, I needed to re-enter my payment information, and I didn’t know that I need to do this, so the revenue just kept stacking up until I had over two thousand dollars, in my account, what he did ready to be withdrawn. So now I’m going to get into what types of changes they made and how it really benefits their contributors to the platform. So what photo dude found was that their photo collection was increasing, but their sales weren’t, and there was a lot of photos that they had on their platform that weren’t making any sales at all.
They decided to revamp their entire service to be about quality over quantity. Before they started this process, they had over nine million photos and when they were done, they only had two hundred thousand and eleven of those 200,000 photos were mine, and I was one of the 4 % of contributors that they kept on the platform. Now that change alone wasn’t what made my earnings skyrocket? They also launched a new service and a new website for unlimited uploads called van toe elements, and that’s why I didn’t recognize the name when I first received that email, this new site had unlimited upload.
So my eleven photos were part of a collection where buyers could go and purchase of subscription and download. It unlimited photos every month now this may make a lot of photographers cringe, but is actually what resulted in my increase in my earnings now with this service. If Anto decided to use a different way to calculate the earnings for the photographer’s, this new way of calculating the earnings is called subscription share, and this new way of calculating earnings for contributors is the reason that my revenues jump from 50 dollars a year to 250 Dollars plus a month, okay.
So before I explain how avantco calculates the earnings for the photographer, you first kind of need to understand how the traditional stock agencies, like Shutterstock, calculate the earnings. So I’ll explain that first and I’ll explain why the way that Advanta does it is much better for contributors. Sure stock also has subscriptions and here’s a list of their current monthly rates for subscriptions.
Shutterstock pays contributed 33 thousand 36 cents for 39 cents, depending on their level. I am at the 36 cents level. So, in theory, if someone went purchase a 750 images a month subscription and then only downloaded images for me, sugar stock would actually lose money on that month, but that rarely happens. So, on the other hand, if it’s a subscriber downloads one photo in a month, then the shutterstock pays out the 36 cents for that one photo and then they keep the rest of the subscription earnings.
If a subscriber doesn’t download anything over the month, then shutterstock will it will keep the subscription rate and the contributors don’t actually make anything from that subscriber that month. So now, let’s compare to how a fan. Two elements pays their contributors, so an unlimited subscription on event. O elements is $ 33 a month right now now a fan toad takes 50 % of that and distributes the rest, two contributors, no matter how many downloads the subscriber makes that’s $ 16.
50 for contributors. No matter what so, if a subscriber downloads one photo, then one photographer gets $ 16.50. If a subscriber downloads two photos, then two photographers get $ 8.25 and so on. Here’s the crazy thing: if subscriber doesn’t download anything, then what, if answer, does you take? They take that 16 Dot 50s and they distributed evenly amongst all of the contributors in the platform, and this isn’t a small amount since event, a’lamin started every month the contributor bonus has grown, and so far I’ve received over $ 4,500 from the contributor bonus alone.
Now think about what you would do with an extra $ 4,500, here’s what I’m seriously considering doing with it. Now, if you think this is a good deal, do this article a thumbs up and let me know in the comments what you think now: a fan toe has paid contributors over 750 million dollars and they have a goal to pay contributors 1 billion dollars. This isn’t just for photos of an to elements also includes you know, articles word, paths, press themes and all kinds of other creative materials.
It’s another time actually been doing. A bit of research van toast seems like a pretty cool company, especially compared to some of the other big stock companies that seem pretty heartless, not to name any names. Other sites, like shutterstock, boast a massive amount of photos, but how many of those photos are really useful to their buyers? If you search for anything on Shutterstock, the first page of results are going to be really good for pretty much anything.
You search because it’s sorting on relevance and the search algorithm is just so good. It will show good photos, but if you go and change it to do most recent, the photos that come up are pretty average at best a lot of the time in comparison. If you go to a van to elements and you do a search again based on relevance, you’re going to see a lot of great photos, but if you go when you look at most recent, I think that these photos are a lot more marketable and a lot More usable by buyers and the ones that I just saw over on shutterstock, so I want you to think that I’ve eaten again.
Sorry, sorry, I have way more photos up on shutterstock than I do on event elements and I’m more than happy to receive checks from both of them. But I think it’s going to be interesting to see what buyers prefer, whether they stick with the old way of doing things which is shutterstock or whether this new model that’ve Anto is using, is going to get traction in the marketplace and, right now it seems like It is now if you want to see how a fantail compares to my cells on other stock sites.
I’ve got a article on that I’ll. Put a link up here, also make sure to subscribe to the blog with this link down here. Best of luck, selling your photos online
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