How I Built 5 Streams Of Passive Income By Age 20 (College Dropout)
Published on: November 30 2022 by Carter Maxwell
How I Built 5 Streams Of Passive Income By Age 20 (College Dropout)
Table of Contents About How I Built 5 Streams Of Passive Income By Age 20 (College Dropout)
How I Built 5 Streams Of Passive Income By Age 20 (College Dropout)
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00:00:00 | 00:00:04 | what's up everyone carter here and today |
00:00:02 | 00:00:07 | i would like to explain and break down |
00:00:04 | 00:00:09 | in depth how i was able to create five |
00:00:07 | 00:00:11 | streams of passive income |
00:00:09 | 00:00:13 | by the age of 20. now hopefully by me |
00:00:11 | 00:00:14 | being transparent and honest i'll be |
00:00:13 | 00:00:16 | able to open up your mind to the |
00:00:14 | 00:00:18 | possibility of you |
00:00:16 | 00:00:19 | potentially creating an additional |
00:00:18 | 00:00:21 | stream of income for yourself |
00:00:19 | 00:00:24 | i know most of you watching this video |
00:00:21 | 00:00:26 | are interested in creating a passive |
00:00:24 | 00:00:27 | income stream i understand that most of |
00:00:26 | 00:00:29 | you are probably beginners |
00:00:27 | 00:00:30 | you know when it comes to finances and |
00:00:29 | 00:00:32 | that is totally okay |
00:00:30 | 00:00:34 | because if you watch this video through |
00:00:32 | 00:00:36 | you will have a much better |
00:00:34 | 00:00:37 | understanding of what it takes to build |
00:00:36 | 00:00:39 | a passive stream of income |
00:00:37 | 00:00:41 | and hopefully it'll open up your mind to |
00:00:39 | 00:00:43 | the different opportunities of passive |
00:00:41 | 00:00:44 | income streams that you could try to |
00:00:43 | 00:00:46 | pursue yourself |
00:00:44 | 00:00:48 | so everyone you know the drill smash |
00:00:46 | 00:00:49 | that like button if you are not yet |
00:00:48 | 00:00:51 | subscribed to the channel |
00:00:49 | 00:00:53 | go ahead hit that subscribe button hit |
00:00:51 | 00:00:55 | the little bell notification next to it |
00:00:53 | 00:00:57 | so you can turn on post notifications so |
00:00:55 | 00:00:58 | you never miss a future upload from me |
00:00:57 | 00:01:00 | and let's go ahead and get right into |
00:00:58 | 00:01:02 | the video so my first |
00:01:00 | 00:01:04 | passive stream of income is reselling on |
00:01:02 | 00:01:05 | amazon and throughout this video i'm |
00:01:04 | 00:01:06 | going to try to give you um you know |
00:01:05 | 00:01:08 | some videos |
00:01:06 | 00:01:10 | some photographs some evidence of my |
00:01:08 | 00:01:11 | different businesses so hopefully i can |
00:01:10 | 00:01:13 | provide |
00:01:11 | 00:01:15 | um you know some better visual |
00:01:13 | 00:01:17 | representation of my businesses but |
00:01:15 | 00:01:20 | reselling on amazon has been my first |
00:01:17 | 00:01:21 | income stream it is my largest by far |
00:01:20 | 00:01:24 | i've been selling products online since |
00:01:21 | 00:01:26 | the age of 13 starting on ebay |
00:01:24 | 00:01:28 | i went to amazon full time at the age of |
00:01:26 | 00:01:31 | 17 so i could spend all my time |
00:01:28 | 00:01:32 | and energy making as much money selling |
00:01:31 | 00:01:34 | products on amazon and i've |
00:01:32 | 00:01:36 | had a great experience selling on amazon |
00:01:34 | 00:01:36 | sold thousands of different products |
00:01:36 | 00:01:39 | from |
00:01:36 | 00:01:41 | electronics to video games to beauty |
00:01:39 | 00:01:43 | products to toys to books to |
00:01:41 | 00:01:44 | cd i mean i've sold anything and |
00:01:43 | 00:01:46 | everything on amazon and it's been a |
00:01:44 | 00:01:48 | crazy experience and |
00:01:46 | 00:01:49 | reselling amazon has been a great stream |
00:01:48 | 00:01:50 | of income for me |
00:01:49 | 00:01:52 | you know i've been able to do it since |
00:01:50 | 00:01:54 | my early high school years to where i am |
00:01:52 | 00:01:56 | now at 20 years old |
00:01:54 | 00:01:58 | i mean literally six months ago i did |
00:01:56 | 00:01:58 | over forty three thousand dollars in a |
00:01:58 | 00:02:01 | single month |
00:01:58 | 00:02:03 | selling vitamins on amazon around two |
00:02:01 | 00:02:05 | months ago um i hopped on a really |
00:02:03 | 00:02:06 | really trendy product actually probably |
00:02:05 | 00:02:09 | around six to eight different products |
00:02:06 | 00:02:11 | and i was able to do in a 30-day time |
00:02:09 | 00:02:13 | period over 140 000 |
00:02:11 | 00:02:15 | in sales um those are not typical |
00:02:13 | 00:02:15 | numbers to me um those are just some of |
00:02:15 | 00:02:18 | the |
00:02:15 | 00:02:19 | um high points of my reselling career on |
00:02:18 | 00:02:21 | amazon |
00:02:19 | 00:02:23 | and amazon has treated me very very well |
00:02:21 | 00:02:25 | i've been able to teach a lot of people |
00:02:23 | 00:02:26 | how to sell on amazon as well and |
00:02:25 | 00:02:27 | overall it's a great platform and it's |
00:02:26 | 00:02:28 | definitely something you should check |
00:02:27 | 00:02:30 | out |
00:02:28 | 00:02:31 | um you know if you're interested in the |
00:02:30 | 00:02:34 | whole buy low |
00:02:31 | 00:02:36 | sell high kind of make money business |
00:02:34 | 00:02:38 | now my second stream of income is |
00:02:36 | 00:02:40 | affiliate marketing now this is a great |
00:02:38 | 00:02:41 | business model for beginners because it |
00:02:40 | 00:02:43 | doesn't require |
00:02:41 | 00:02:45 | you know any money to get started when |
00:02:43 | 00:02:47 | you're running an affiliate marketing |
00:02:45 | 00:02:50 | business essentially you are promoting |
00:02:47 | 00:02:51 | you are trying to sell other companies |
00:02:50 | 00:02:54 | other people's |
00:02:51 | 00:02:56 | services or products for a commission |
00:02:54 | 00:02:58 | so for example i can give an example |
00:02:56 | 00:03:00 | also a screenshot up here |
00:02:58 | 00:03:02 | this is me promoting the jungle scout |
00:03:00 | 00:03:04 | software so jungle scout software is a |
00:03:02 | 00:03:07 | software that you can integrate |
00:03:04 | 00:03:09 | in your amazon fba business to do |
00:03:07 | 00:03:11 | product research and you know to just |
00:03:09 | 00:03:13 | take your business to the next level so |
00:03:11 | 00:03:14 | when i was using the software and i had |
00:03:13 | 00:03:16 | this youtube channel |
00:03:14 | 00:03:18 | i had the thought you know what let me |
00:03:16 | 00:03:19 | just make a quick tutorial |
00:03:18 | 00:03:22 | video you know toking about the |
00:03:19 | 00:03:23 | software showing how it works and |
00:03:22 | 00:03:25 | you know i mentioned in the video if |
00:03:23 | 00:03:27 | anyone's interested in you know getting |
00:03:25 | 00:03:29 | this software then click the link in the |
00:03:27 | 00:03:30 | description of this video to join and |
00:03:29 | 00:03:32 | every time someone would go through my |
00:03:30 | 00:03:34 | link and purchase and sign up for the |
00:03:32 | 00:03:36 | software i would get a small commission |
00:03:34 | 00:03:38 | now depending on how many people view |
00:03:36 | 00:03:39 | the video how many people actually go |
00:03:38 | 00:03:41 | through and |
00:03:39 | 00:03:42 | buy the product or service you're |
00:03:41 | 00:03:43 | promoting you can make a really good |
00:03:42 | 00:03:45 | amount of money |
00:03:43 | 00:03:47 | now everyone's wondering carter how much |
00:03:45 | 00:03:50 | money do you make and to be honest |
00:03:47 | 00:03:51 | it's really been everywhere i mean when |
00:03:50 | 00:03:52 | i first started obviously i was bottom |
00:03:51 | 00:03:54 | line |
00:03:52 | 00:03:55 | zero um you know i was pro owning |
00:03:54 | 00:03:57 | softwares and then i |
00:03:55 | 00:03:59 | i've just i've been always trying |
00:03:57 | 00:03:59 | different products different services |
00:03:59 | 00:04:01 | and |
00:03:59 | 00:04:03 | the cool thing about promoting them on |
00:04:01 | 00:04:04 | youtube is if you get a video that takes |
00:04:03 | 00:04:06 | off it gets five |
00:04:04 | 00:04:08 | ten fifteen thousand views you have the |
00:04:06 | 00:04:09 | potential to make a really really good |
00:04:08 | 00:04:11 | amount of money i've had months where i |
00:04:09 | 00:04:12 | make anywhere from two to three hundred |
00:04:11 | 00:04:13 | dollars |
00:04:12 | 00:04:15 | and then we're up to five or six |
00:04:13 | 00:04:17 | thousand dollars in commissions |
00:04:15 | 00:04:19 | um the opportunity is really endless |
00:04:17 | 00:04:20 | it's not something i spend a ton of time |
00:04:19 | 00:04:22 | and effort on |
00:04:20 | 00:04:24 | but the beautiful thing about it is it's |
00:04:22 | 00:04:26 | a very passive income stream i post a |
00:04:24 | 00:04:28 | video on youtube promoting a product |
00:04:26 | 00:04:29 | i never have to touch that video again |
00:04:28 | 00:04:32 | so that video |
00:04:29 | 00:04:33 | is on youtube forever and whenever |
00:04:32 | 00:04:35 | people come to it |
00:04:33 | 00:04:37 | i'm promoting a product or service and |
00:04:35 | 00:04:38 | every time they buy it you know i make a |
00:04:37 | 00:04:39 | little bit of a commission i make a |
00:04:38 | 00:04:42 | little bit of money from it so that's my |
00:04:39 | 00:04:42 | second income stream now my third income |
00:04:42 | 00:04:45 | stream is |
00:04:42 | 00:04:46 | youtube ad revenue so at the time i'm |
00:04:45 | 00:04:50 | recording this i have around |
00:04:46 | 00:04:53 | 33 34 000 subscribers |
00:04:50 | 00:04:54 | just in the last 30 days or 28 days i |
00:04:53 | 00:04:58 | think i've done over 1900 |
00:04:54 | 00:05:01 | in ad revenue or made 1900 ad revenue |
00:04:58 | 00:05:03 | um but i mean this is by any means not |
00:05:01 | 00:05:05 | make money overnight this has been an |
00:05:03 | 00:05:06 | overnight success for me i've been on |
00:05:05 | 00:05:07 | youtube for |
00:05:06 | 00:05:09 | three and a half years you know i |
00:05:07 | 00:05:10 | started out in high school |
00:05:09 | 00:05:12 | you know trying to teach people how to |
00:05:10 | 00:05:13 | make money on amazon how to make money |
00:05:12 | 00:05:14 | on ebay |
00:05:13 | 00:05:16 | you know i was getting made fun of at |
00:05:14 | 00:05:18 | school i had 100 200 subscribers |
00:05:16 | 00:05:21 | everyone thought i was a joke and |
00:05:18 | 00:05:24 | i just kept going so now i'm like 240 |
00:05:21 | 00:05:26 | videos posted on my channel well over |
00:05:24 | 00:05:27 | 2 million views i couldn't even monetize |
00:05:26 | 00:05:29 | my channel |
00:05:27 | 00:05:30 | until i turned 18 years old where i |
00:05:29 | 00:05:33 | could actually |
00:05:30 | 00:05:35 | you know legit make money from ad |
00:05:33 | 00:05:38 | revenue because that's when i was 18. |
00:05:35 | 00:05:40 | but this income stream is legit it is |
00:05:38 | 00:05:41 | the definition of passive income because |
00:05:40 | 00:05:43 | essentially on youtube |
00:05:41 | 00:05:45 | you can create a video you can post it |
00:05:43 | 00:05:46 | and that video will be on youtube |
00:05:45 | 00:05:47 | forever |
00:05:46 | 00:05:49 | and depending on the amount of views |
00:05:47 | 00:05:50 | depending on the watch time that video |
00:05:49 | 00:05:53 | receives |
00:05:50 | 00:05:55 | you'll be able to generate ad revenue |
00:05:53 | 00:05:57 | which is really really cool because |
00:05:55 | 00:05:59 | i've had videos that i post and you know |
00:05:57 | 00:06:00 | they get some views i make a little bit |
00:05:59 | 00:06:02 | of money but they just very stagnant and |
00:06:00 | 00:06:04 | then all of a sudden syncs |
00:06:02 | 00:06:05 | six months later a year later the video |
00:06:04 | 00:06:07 | pops off and gets |
00:06:05 | 00:06:09 | 10 15 20 000 views and i start |
00:06:07 | 00:06:10 | generating more ad revenue |
00:06:09 | 00:06:12 | this is really really cool i know there |
00:06:10 | 00:06:13 | are some requirements i think you have |
00:06:12 | 00:06:15 | to have a thousand |
00:06:13 | 00:06:16 | subscribers and like 4 000 watch hours i |
00:06:15 | 00:06:18 | don't remember the exact requirements |
00:06:16 | 00:06:19 | don't quote me on that |
00:06:18 | 00:06:21 | but once you reach that it's a very very |
00:06:19 | 00:06:22 | passive stream of income and i don't |
00:06:21 | 00:06:24 | really focus |
00:06:22 | 00:06:25 | you know on you know building my |
00:06:24 | 00:06:27 | business around the ad revenue |
00:06:25 | 00:06:29 | you know that's just kind of a business |
00:06:27 | 00:06:32 | bonus that youtube kind of kicks to me |
00:06:29 | 00:06:34 | um you know for the past two years since |
00:06:32 | 00:06:36 | i started advertising on my channel i |
00:06:34 | 00:06:39 | would say it's been anywhere from |
00:06:36 | 00:06:41 | you know 400 to 600 consistently for at |
00:06:39 | 00:06:43 | least like a year and a half and then |
00:06:41 | 00:06:45 | you know i'd say around six months ago |
00:06:43 | 00:06:47 | you know my videos really started to |
00:06:45 | 00:06:48 | gain some traction and i would say over |
00:06:47 | 00:06:50 | the past |
00:06:48 | 00:06:51 | five to six months i've been able to |
00:06:50 | 00:06:53 | generate anywhere from |
00:06:51 | 00:06:55 | fifteen hundred dollars to around |
00:06:53 | 00:06:58 | probably twenty one hundred dollars |
00:06:55 | 00:07:00 | um in a thirty day period with youtube |
00:06:58 | 00:07:02 | ad revenue now i did wanna put this out |
00:07:00 | 00:07:04 | there because i think a lot of people |
00:07:02 | 00:07:05 | you know they misunderstood the meaning |
00:07:04 | 00:07:07 | of passive income |
00:07:05 | 00:07:08 | for some reason i think a lot of people |
00:07:07 | 00:07:11 | think passive income is you know |
00:07:08 | 00:07:12 | sitting on the beach you know lounging |
00:07:11 | 00:07:15 | in a chair and you're |
00:07:12 | 00:07:17 | making thousands of dollars and really |
00:07:15 | 00:07:20 | the definition of passive income |
00:07:17 | 00:07:22 | starts when you put a ton of time and |
00:07:20 | 00:07:23 | effort and money into building a great |
00:07:22 | 00:07:26 | structure a great |
00:07:23 | 00:07:27 | a great foundation in your business |
00:07:26 | 00:07:29 | that's profitable |
00:07:27 | 00:07:30 | so that down the road you can still |
00:07:29 | 00:07:33 | generate |
00:07:30 | 00:07:34 | an income generate a profit with very |
00:07:33 | 00:07:36 | very minimal |
00:07:34 | 00:07:37 | effort that's my definition of passive |
00:07:36 | 00:07:38 | income |
00:07:37 | 00:07:40 | so if i'm building these businesses i'm |
00:07:38 | 00:07:42 | building a great structure |
00:07:40 | 00:07:44 | six months a year two years down the |
00:07:42 | 00:07:46 | road i'm still able to generate an |
00:07:44 | 00:07:47 | income from that business with very very |
00:07:46 | 00:07:49 | minimal |
00:07:47 | 00:07:50 | effort so that's what i consider passive |
00:07:49 | 00:07:53 | income to be |
00:07:50 | 00:07:54 | you can have your own definition of it |
00:07:53 | 00:07:55 | but i feel like there's a lot of content |
00:07:54 | 00:07:57 | a lot of people out there |
00:07:55 | 00:07:59 | you'll make passive income in seven days |
00:07:57 | 00:08:00 | you know i make passive income in 30 |
00:07:59 | 00:08:03 | days it is |
00:08:00 | 00:08:04 | possible but it's just not reasonable to |
00:08:03 | 00:08:06 | have those kind of expectations |
00:08:04 | 00:08:08 | especially as a beginner so my fourth |
00:08:06 | 00:08:11 | stream of income |
00:08:08 | 00:08:13 | is stoks dividends index funds |
00:08:11 | 00:08:15 | basically everything i'm investing |
00:08:13 | 00:08:17 | in the stok market and it's really |
00:08:15 | 00:08:19 | difficult for me to pinpoint |
00:08:17 | 00:08:20 | an amount of money that i'm making every |
00:08:19 | 00:08:22 | single month because that's not really |
00:08:20 | 00:08:24 | what i'm focusing on whenever i make an |
00:08:22 | 00:08:26 | investment in the stok market i'm |
00:08:24 | 00:08:29 | holding long term i'm trying to create |
00:08:26 | 00:08:31 | long-term wealth i'm trying to compound |
00:08:29 | 00:08:33 | my interest compound |
00:08:31 | 00:08:34 | the wealth compound you know the |
00:08:33 | 00:08:35 | investments that i have in the stok |
00:08:34 | 00:08:37 | account |
00:08:35 | 00:08:38 | and i know day trading you know is very |
00:08:37 | 00:08:40 | popular right now and people are making |
00:08:38 | 00:08:42 | thousands of dollars here and there |
00:08:40 | 00:08:43 | but there's also people that are losing |
00:08:42 | 00:08:45 | thousands of dollars here and there and |
00:08:43 | 00:08:46 | i don't have the time and effort to try |
00:08:45 | 00:08:48 | to learn |
00:08:46 | 00:08:50 | day trading because i already have you |
00:08:48 | 00:08:53 | know my expertise skills that i |
00:08:50 | 00:08:55 | use to make money so that income stream |
00:08:53 | 00:08:55 | is fairly passive in the sense that you |
00:08:55 | 00:08:57 | know |
00:08:55 | 00:08:59 | when i'm generating all of this income |
00:08:57 | 00:09:00 | from my businesses instead of having it |
00:08:59 | 00:09:01 | just sit in my bank account not |
00:09:00 | 00:09:03 | collecting any interest |
00:09:01 | 00:09:05 | you know i'll strategically invest that |
00:09:03 | 00:09:07 | money into the market if that's in |
00:09:05 | 00:09:08 | individual stoks and companies if |
00:09:07 | 00:09:10 | that's in index funds |
00:09:08 | 00:09:12 | if that's in mutual funds you know so i |
00:09:10 | 00:09:13 | can take a few different sectors of the |
00:09:12 | 00:09:16 | stok market to |
00:09:13 | 00:09:18 | place my money so that over time you |
00:09:16 | 00:09:20 | know as the market grows hopefully |
00:09:18 | 00:09:22 | you know i can compound that interest |
00:09:20 | 00:09:23 | over time and that's a whole separate |
00:09:22 | 00:09:25 | video toking about compound interest in |
00:09:23 | 00:09:26 | the stok market |
00:09:25 | 00:09:28 | um but for right now some of the top |
00:09:26 | 00:09:30 | companies i'm invested in are |
00:09:28 | 00:09:32 | tesla which is fairly volatile but it's |
00:09:30 | 00:09:34 | always an interesting company to |
00:09:32 | 00:09:35 | own some equity in own some stok in |
00:09:34 | 00:09:37 | apple you know some of the big ones |
00:09:35 | 00:09:39 | amazon's a big stok for me |
00:09:37 | 00:09:40 | i'm a big online retail guy you know |
00:09:39 | 00:09:42 | etsy |
00:09:40 | 00:09:44 | i have a little bit of walmart um those |
00:09:42 | 00:09:45 | are some of the bigger companies i'm |
00:09:44 | 00:09:46 | invested in |
00:09:45 | 00:09:49 | obviously i'm in some mutual funds and |
00:09:46 | 00:09:50 | index funds which kind of mimic the |
00:09:49 | 00:09:53 | market of you know a bunch of different |
00:09:50 | 00:09:55 | companies kind of put together in one |
00:09:53 | 00:09:56 | um so i do own some stok in a bunch of |
00:09:55 | 00:09:57 | different companies but that is my |
00:09:56 | 00:10:01 | fourth stream of income |
00:09:57 | 00:10:03 | now my fifth stream of income is courses |
00:10:01 | 00:10:04 | coaching and consulting and this is an |
00:10:03 | 00:10:06 | income stream that i'm trying to work a |
00:10:04 | 00:10:07 | little bit more on |
00:10:06 | 00:10:08 | because i think it's something that i've |
00:10:07 | 00:10:11 | lacked in the past because personally |
00:10:08 | 00:10:12 | i'm a people person you know i like |
00:10:11 | 00:10:14 | generally helping people i like |
00:10:12 | 00:10:16 | delivering results and i know there's a |
00:10:14 | 00:10:18 | lot of commotion on youtube and |
00:10:16 | 00:10:20 | you know in the make money online world |
00:10:18 | 00:10:22 | about courses and coaching and |
00:10:20 | 00:10:23 | you know how some of them are good some |
00:10:22 | 00:10:25 | of them are bad and you know i had a |
00:10:23 | 00:10:26 | course around two years ago you know |
00:10:25 | 00:10:27 | teaching people to basic selling on |
00:10:26 | 00:10:29 | amazon |
00:10:27 | 00:10:31 | you know i really enjoyed doing it i got |
00:10:29 | 00:10:33 | my students results |
00:10:31 | 00:10:35 | i never really heavily promoted it on |
00:10:33 | 00:10:36 | instagram or youtube and for that reason |
00:10:35 | 00:10:39 | i never really generated any |
00:10:36 | 00:10:41 | large income from that um however |
00:10:39 | 00:10:43 | in the past couple of months i've been |
00:10:41 | 00:10:43 | working on putting together you know a |
00:10:43 | 00:10:45 | brand new |
00:10:43 | 00:10:47 | reselling on amazon course was which has |
00:10:45 | 00:10:48 | been taking me a ton of time and effort |
00:10:47 | 00:10:49 | and i've also created a discord |
00:10:48 | 00:10:52 | community |
00:10:49 | 00:10:53 | um where i provide leads and i provide |
00:10:52 | 00:10:55 | assistance to new |
00:10:53 | 00:10:56 | amazon and ebay sellers those are kind |
00:10:55 | 00:10:59 | of two of the different |
00:10:56 | 00:11:00 | coaching mentorship products that i'm |
00:10:59 | 00:11:02 | working on |
00:11:00 | 00:11:04 | i really do enjoy genuinely helping |
00:11:02 | 00:11:07 | people i've already done a small |
00:11:04 | 00:11:08 | trial run um for my reselling on amazon |
00:11:07 | 00:11:10 | course and my students have been getting |
00:11:08 | 00:11:12 | great results with this so you know i |
00:11:10 | 00:11:12 | have no problem promoting it if i know |
00:11:12 | 00:11:14 | that |
00:11:12 | 00:11:16 | the students that i take on are willing |
00:11:14 | 00:11:18 | to put in the time and the effort |
00:11:16 | 00:11:20 | you know into learning the business |
00:11:18 | 00:11:21 | model into going out and buying products |
00:11:20 | 00:11:23 | and actually |
00:11:21 | 00:11:25 | listing them on amazon to sell and to be |
00:11:23 | 00:11:25 | honest there's a lot of people trying to |
00:11:25 | 00:11:28 | sell |
00:11:25 | 00:11:29 | you know coaching and courses and |
00:11:28 | 00:11:31 | unfortunately there's a lot of |
00:11:29 | 00:11:33 | unethical people out there people using |
00:11:31 | 00:11:34 | unethical ways of marketing to sell |
00:11:33 | 00:11:35 | their info products or to sell their |
00:11:34 | 00:11:36 | courses and |
00:11:35 | 00:11:38 | you know i i think that's very |
00:11:36 | 00:11:39 | unfortunate i think it's very misleading |
00:11:38 | 00:11:40 | to |
00:11:39 | 00:11:42 | especially the beginner audience on |
00:11:40 | 00:11:43 | youtube but for me |
00:11:42 | 00:11:45 | you know i have people reaching out to |
00:11:43 | 00:11:48 | me wanting more content |
00:11:45 | 00:11:49 | wanting that next level information and |
00:11:48 | 00:11:49 | you know i don't mind helping them |
00:11:49 | 00:11:51 | because |
00:11:49 | 00:11:53 | it's it's very fulfilling to help |
00:11:51 | 00:11:54 | someone create an additional two |
00:11:53 | 00:11:56 | or three thousand dollars a month i've |
00:11:54 | 00:11:58 | had some students do ten |
00:11:56 | 00:11:59 | fifty thousand dollars in a month so |
00:11:58 | 00:12:01 | it's really really cool that is an |
00:11:59 | 00:12:03 | income stream that isn't generating me |
00:12:01 | 00:12:04 | much at the moment |
00:12:03 | 00:12:06 | um i could definitely see it being |
00:12:04 | 00:12:06 | something in the future where i you know |
00:12:06 | 00:12:07 | take on |
00:12:06 | 00:12:09 | a couple more students you know i |
00:12:07 | 00:12:10 | continue to grow my community and |
00:12:09 | 00:12:12 | obviously |
00:12:10 | 00:12:13 | i will keep you guys updated on that as |
00:12:12 | 00:12:14 | well now i did want to put this out |
00:12:13 | 00:12:16 | there but i've been able to make money |
00:12:14 | 00:12:17 | from a couple different businesses or |
00:12:16 | 00:12:19 | you know a few other |
00:12:17 | 00:12:20 | income streams but for some reason |
00:12:19 | 00:12:22 | either they |
00:12:20 | 00:12:24 | weren't generating enough money or they |
00:12:22 | 00:12:25 | just weren't very consistent enough for |
00:12:24 | 00:12:27 | me to be able to put them |
00:12:25 | 00:12:30 | in this video now what i hope is that |
00:12:27 | 00:12:31 | over the next six months to maybe a year |
00:12:30 | 00:12:34 | i'm able to actually create an |
00:12:31 | 00:12:34 | additional maybe one to two streams of |
00:12:34 | 00:12:37 | income |
00:12:34 | 00:12:38 | that are consistently generating me a |
00:12:37 | 00:12:40 | stream of income |
00:12:38 | 00:12:41 | to where i could maybe make an update |
00:12:40 | 00:12:44 | video and tok about those |
00:12:41 | 00:12:46 | new income streams as well anyways i |
00:12:44 | 00:12:47 | hope you all appreciate me being honest |
00:12:46 | 00:12:48 | and transparent |
00:12:47 | 00:12:50 | you know about the different income |
00:12:48 | 00:12:52 | streams and passive income streams |
00:12:50 | 00:12:54 | that i have as a 20 year old |
00:12:52 | 00:12:55 | entrepreneur of course if you have any |
00:12:54 | 00:12:56 | questions regarding anything i toked |
00:12:55 | 00:12:58 | about in this video |
00:12:56 | 00:13:00 | feel free to comment below i'll get back |
00:12:58 | 00:13:02 | to you as soon as possible of course if |
00:13:00 | 00:13:04 | you got any value from this video please |
00:13:02 | 00:13:05 | smash that like button if you are not |
00:13:04 | 00:13:07 | yet subscribed |
00:13:05 | 00:13:09 | go ahead subscribe to the channel hit |
00:13:07 | 00:13:10 | that little bell notification so you can |
00:13:09 | 00:13:12 | get |
00:13:10 | 00:13:14 | post notifications turned on so you |
00:13:12 | 00:13:15 | never miss a future upload from me |
00:13:14 | 00:13:18 | and i hope to see you all in the next |
00:13:15 | 00:13:18 | video |
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