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- The TRUTH About YouTube Passive Income
The TRUTH About YouTube Passive Income
Can you actually make money while you sleep?
“If you don't find a way to make money while you sleep, you will work until you die.” - Warren Buffett
Pretty powerful words from one of the greatest investors of all-time, right?
The sad part is that most people don’t realize the truth behind this quote
And because of this, they work day after day trading their time for money to try and get ahead
However, we only have so much time in the day…
Most of us have families, friends, health commitments etc.
This means that you really can’t be spending the time you need to make the financial strides that will allow you to ever stop working or live the life you desire
This is why, especially in the last decade, the notion of “passive income” has absolutely exploded
You have people recycling their bath water in the FI/RE movement to save money and retire early
You have people staking crypto to generate high interest returns
And you have people salivating over high-yield dividend stocks
The trouble is that passive income most often requires 1 of 2 things:
1. A ton of sacrifice
2. A ton of capital
For instance, you must make massive sacrifices if you want to save up money at a rapid pace in order to build up an investment nest egg
This means forgoing travelling, buying a home, even starting a family for many people
Then, there’s the capital…
The truth is that you can’t live off your investment returns without having a few million dollars invested
As such, for the average person, generating passive income is extremely hard
This is why many online business models are so popular these days
However, they are active work business models disguised as passive income
Take for example dropshipping…
You don’t just set up a store once and make sales until kingdom come
No, you have to be manually overseeing your website functionality, fulfilment process etc.
It’s basically a second job…
Plus, one sale pays you once meaning that you have to do it all again tomorrow…
With YouTube, things are a bit different
Take this video of mine for example:
This video was released a bit over 2 years
I did the work once and then never touched it again
The first year, it made $8,047.76
The second year it made $4,409.53
And it’s made the rest there since
While there is evident work to be done to produce videos on YouTube
The effort required after the upload is complete is passive in nature
And is well-positioned for those without the money to earn passively from their investments at this stage in their life
For example, to earn $8,000 in dividend income from your investments, you’d need roughly $200,000 in the market
On YouTube, this same return can be yielded by a video you outsouce for $60-100 or make on your own for next to nothing
This is why I love YouTube
No matter the situation you’re in right now (high capital, low capital, new or experienced) you can start to build a passive income stream online
Neat, right?
Friendly reminder: I am accepting 3 new students into Tube Academy
If you’re ready to invest in learning how to grow and monetize your own YouTube channel then Tube Academy is for you
If you want the details, reply “tube” and I’ll send them over
Have a relaxing Sunday,
Adam