• Wed. Mar 3rd, 2021

all right so today I'm gonna talk about the buzzword or buzz phrase that is passive income now talked about passive income multiple times on this channel but there is a very famous entrepreneur that chat Zack most of you have heard about Gary Vee who has well shall we say strong opinions on this whole passive income thing I have a question about passive income and okay you know what kind of trends do you see for a person interesting in that I don't want to be stuck in office nine-to-five when you say passive income do you mean some what do you mean I mean not having to work all day long I want to be on a beach in Mexico instead of being on an office in Sweden and cold November are you being serious right now yes yes I'm suppose the quickest way to not be on a beach in Mexico is to think the passive income exists yeah as someone who has made multiple videos on building passive income streams we clearly don't agree on this I've had people ask me what do I think about Gary's opinions on passive income and so that's what this video is a response to Gary Vee so look here's the thing obviously I disagree with them because I know that passive income exists and the reason why I know it exists is because I have created it and so in this video I'm gonna show you how I did it and we'll see if by the end of the video you agree with me or if you agree with Gary Vee now I'll admit I've definitely become more careful about what type of income I now label as passive anything requiring employees or virtual assistants to run for me I'll either states that it requires them or I'll call it semi passive income whether that can be counted as passive is more debatable but this income I earned last month that you were seeing here this was all automated no staff required to me I would argue that this is not debatable it is passive and all that money was through affiliate marketing income that I made through this YouTube and that was a big reason that I made this channel in the first place I wanted to diversify my income sources and have a source of money that didn't rely on e-commerce I wanted a source of truly passive income and you know earlier this year when I had my emergency appendix surgery in Canada where my ability to work just plummeted I suddenly felt very vindicated and glad that I made that decision so what is affiliate marketing and what makes it just so passive well to explain that let's take one product that I promoted last month in that product is places a site that provides mock up pictures for print-on-demand products in the last 30 days I made over $800 in affiliate commissions with it doing no work place that is very simple what it does is it lets you take a piece of artwork like this and then it lets you place it onto a huge range of different product mock-ups that they have available on the site all you have to do is upload the artwork to the website and in place it will digitally put it onto the model lifestyle mock-up you can then download this picture and use it to advertise your print-on-demand t-shirt that you created and are selling on this youtube channel we usually focus on e-commerce business models such as print-on-demand and one of our print-on-demand contributors is a millionaire michael che and as he said in one of our videos a big reason why he believes he made over a hundred thousand dollars selling this print-on-demand t-shirt was because he had this awesome lifestyle mock-up picture for it to use in his Facebook ad campaigns and so yes obviously I think place it is a fantastic service because of that I signed up to the place at affiliate program when you create an affiliate account with them inside your account dashboard you'll be given what's called an affiliate link well in my video a couple of months ago where I taught how to set up a print on demand business on ebay I recommended people use place it and so what I did was I place this affiliate link in my video description using a redirect to make it look nicer of course when someone clicks on that link they'll get taken to place it when they do check out the URL it looks pretty funny doesn't it this data added to the URL is a tracking code this year our tracks of people click on my link and then go buy a subscription to it and someone does do that place it will reward me and I will get a commission on that sale as a thank you and so that's what affiliate marketing is it's with you're promoting a product or service online using an affiliate URL that's tracked to you and you get a commission on that sale if someone purchases that because of your recommendation now there are two reasons why I think that this eight hundred plus dollars I earned from place that counts as passive income the first reason is this the unique thing to affiliate marketing compared to say ecommerce business models is that when someone clicks on my affiliate link and purchases a place at subscription they aren't my customer I don't have to send the customer the product place it does I don't have to answer their support emails place it does and that's because they aren't my customer they are playsets now I will admit not having the customer be your customer differently has some disadvantages in terms of how much money you can make from them on the other hand I don't like what Gary says the quickest way to not be on a beach in Mexico is to think the passive income exists I genuinely did earn some of this money while I was on vacation now admittedly it wasn't on a sunny beach in Mexico but instead a bunch of it was earned on a recent vacation to the still warm and sunny Tokyo in Japan the second reason why I consider that money to be passive is because I created an automated system to refer potential customers to it I have utilized organic YouTube traffic you see here's the thing about this YouTube video that promotes play set now that I've created it and put it up on YouTube well since YouTube's algorithm likes it in ascending at traffic I literally have to do nothing to it anymore case in point here is another product that I've made affiliate Commission's from in the last month I'll be dropship my subscribers here how celltable likely recognize it basically it's a premium ecommerce plugin to make setting up drop shipping ecommerce stores with WordPress and WooCommerce fast and easy well korean's video I sign into my early dropship a fully account and I counted up the Commission's I'd earned in the past 30 days and what I discovered was that I had made over $1,500 and commissions and so hardlight earn those commissions well surprise surprise it was with YouTube I'll be dropship is genuinely a great plugin and so it's very popular thus a lot of people want a high quality step-by-step video tutorial to follow along with and you know I've made – I've made this new updated one that I released this year and this tutorial I created last year let's take a look at how many people are finding it if we can we click on the analytics we can go over to my YouTube analytics dashboard and if we head on over to the reach section inside of it we will see that surprise surprise the biggest way that this video is getting viewers is through people using YouTube's search bar to search for keywords related to my video such as the phrase alley dropship or alley dropship tutorial and when they do a search for that do any of these videos look familiar to you here's the thing I made that video and I put it up and I haven't touched it ever since then people have found it what shirt follow along with it and in the process purchased a lead dropship through my affiliate link resulting in passive money and commissions and actually those aren't the only Commission's that I make through those videos because to complete the tutorial you will need to purchase we're posting and in the video I recommend one of my favorite we're posting platforms for beginners SiteGround in the last month or again 30 days I have made hundreds of dollars with them so really these two videos bring in over two thousand dollars a month and passive income and would you believe but that's not the only video tutorial series that I have on my youtube channel I have another one that teaches people how to set up an online store using a completely different platform that many of my subscribers will recognize Shopify out of the – this is unashamedly my personal favorite and check this out in the last month there were again 30 days I have made over 10 thousand dollars from Shopify commissions alone yep just one single product my tutorial videos take viewers through step by step how to set up a store using it and again if we come and check out the analytics for my most recent 2019 tutorial you'll be able to see that the primary way that people find this video is again through youtube search its from people coming to the youtube search bar and typing in keywords related to it and boom finding my video I made that video six months ago I put it up on YouTube and I have not touched it since then it's just sitting there getting free traffic and bringing in thousands of dollars each month completely hands-off and so let me ask you a question when Gary says the quickest way to not be on a beach in Mexico is to think the passive income exists do you agree with them or have I convinced you that passive income made on the internet isn't just some fairy tale so while I may have disagreed with Gary with what he said to that kid in the audience there was another video that he released later that clarified a lot of his views and a lot of that I actually agree with please make sure that your passive income has practicality to it because all the people that have tried to create systems and automate their cash there's been a very small percentage of people that have been able to lay on the beach while they collect money on the Internet a lot of that stuff is completely ludicrous and I promise you the ones in the 1% of passive income spent a boatload of hard work and hard time to get to that evergreen place up in the sky and janar is someone who earns over eighteen thousand dollars a month with passive income I obviously disagree with this idea that it's mostly ludicrous but I do agree with Gary that a lot of people have ludicrous ideas about passive income you see in my video earlier this year where I called out Gary on his opinions on passive income this very astute viewer pointed something out Gary doesn't disagree that passive income exists no and Steve what he finds frustrating people who are looking for a magical money vending machine a system where although have to do is press a few buttons and boom they will have passive money pouring out of their laptops but that's not how passive income works I think that there's an enormous massive misunderstanding that there are almost zero people that have pulled off sub-state success without putting in real time and effort that one perceived like me who have achieved it we achieved it through a boatload of work that video that brings in hundreds of dollars in commissions from play set yeah that required a lot of time to create my tutorial videos that bring in over two thousand dollars a month from Alli dropship and SiteGround yeah they required even more time and guess what those Shopify tutorial videos bringing in over ten thousand dollars a month even more time let alone the time that has gone into learning those platforms to such an extent that I'm now able to teach others so remember that while the end result we may have created is passive the pathway to creating it is not and for perhaps Gary and I millions of dollars in passive income on the internet smoking weed in Jamaica while it just keeps coming in is just not as real as you think partner might agree more than I had initially thought thanks for watching this video now while I obviously think that I'm probably a much bigger expert in affiliate marketing then most people it isn't my biggest area of the expect AIDS but I've got some good friends who have built million-dollar businesses with just affiliate marketing and they are going to be hosting a webinar showing us how they do it so if you're someone who was willing to actually put in the work to create a passive income business then you can join us and you will find a link to how to register for it in the video description below

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