Why you never feel like you have enough money

Do you ever open up social media and think to yourself

“How the f*ck does everyone have the money to go on vacation all the time?”

I literally have this thought every single day

It’s that thought or the thought of how people half my age are driving supercars

While back then I was just trying to avoid failing my high school calculus class…

Now, the cool part about having built up a sizable online presence is this

I actually get to meet a lot of very successful online entrepreneurs

From those that run cashflowing Instagram theme page networks

To people making $30,000 a month with online communities

And of course tons of six-figure YouTubers

Do you know what they all have in common?

No, it’s not just that they’ve had the pleasure of meeting me :)

It’s that they don’t do it all themselves

They all have teams

And they have teams because they know that “more hands make for less work”

In fact, the other day as I was doomscrolling on IG I came across a School of Hard Knocks video:

In the video, the man said he was able to afford his Ferrari by building a labor management business

And that he would never scaled up to $300M per year if he had done it himself

He said at best he would have gotten to maybe $3 million (still amazing but it’s no $300M)

And truly that’s where most people go wrong

They strictly take the “work as hard as you can” mentality

But making an outsized income is not just about working smart

It’s about working hard AND smart

Which is what happens when you build digital assets online (i.e. YouTube channel)

And use that platform to provide value to millions of people

Translating into an appreciable side or full-time income over time…

But sadly, most people never get there because they don’t have a team behind them

So when life gets “busy” they stop uploading

Or they stop uploading because their videos aren’t getting any views

And aren’t willing to invest the time or money to improve them

It’s sad but I’ve seen it time and again

And what people don’t realize is if you just put in the money upfront for a quality team

The income your videos generate cover those costs and extend well beyond them

That’s why outsourcing is essential

In the same way having a team (employees) helped this entrepreneur buy a Ferrari

It can help you scale up your YouTube channel

So stop making growing and monetizing on YouTube harder than it has to be…

And start to look into ways to become more resourceful

Because that’s truly how those who really get ahead are doing it…

Until tomorrow,

Adam

Ps. Tomorrow is the last day to buy a guest pass to the Outsourcing Mastery Workshop where I’m teaching my Tube Academy students the most effective outsourcing strategies for YouTube. If you don’t want to miss out you can sign up here.