Recording
Top 7 Side Hustles for 2023 - Earn Money Online! [ETNKBCHkNlk]
2021-09-18 · 12 min
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- rev_5cb1d59e6408283d57e2b08048416ac6Machine-generated and unreviewed; may be wrong; not a verified quotation.enraw_asractive299 segments
Transcript
I really hate to have to keep asking this,
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0:07–0:09 · rev_5cb1d59e6408283d57e2b08048416ac6_0but I would really appreciate it if you
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0:09–0:11 · rev_5cb1d59e6408283d57e2b08048416ac6_1press the like button because to be
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0:11–0:13 · rev_5cb1d59e6408283d57e2b08048416ac6_2honest, I'm getting a little bit fed up
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0:13–0:15 · rev_5cb1d59e6408283d57e2b08048416ac6_3with having 30%, 40% dislike ratio on
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0:15–0:19 · rev_5cb1d59e6408283d57e2b08048416ac6_4nearly every single one of my videos and
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0:19–0:21 · rev_5cb1d59e6408283d57e2b08048416ac6_5livestreams, even though I haven't done
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0:21–0:22 · rev_5cb1d59e6408283d57e2b08048416ac6_6anything bad or wrong in the last few
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0:22–0:24 · rev_5cb1d59e6408283d57e2b08048416ac6_7years. There's obviously still a couple
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0:25–0:26 · rev_5cb1d59e6408283d57e2b08048416ac6_8hundred people who have a grudge against
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0:27–0:28 · rev_5cb1d59e6408283d57e2b08048416ac6_9me and really don't like me. I don't even
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0:29–0:31 · rev_5cb1d59e6408283d57e2b08048416ac6_10know why some people would hate me so much
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0:31–0:33 · rev_5cb1d59e6408283d57e2b08048416ac6_11to the point that they would just follow
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0:33–0:34 · rev_5cb1d59e6408283d57e2b08048416ac6_12me on YouTube just so they can dislike
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0:35–0:37 · rev_5cb1d59e6408283d57e2b08048416ac6_13every single video or livestream I upload.
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0:37–0:39 · rev_5cb1d59e6408283d57e2b08048416ac6_14As soon as I upload it, I get like 100
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0:40–0:42 · rev_5cb1d59e6408283d57e2b08048416ac6_15dislikes. There must be at least 100
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0:42–0:43 · rev_5cb1d59e6408283d57e2b08048416ac6_16people with notifications turned on just
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0:44–0:47 · rev_5cb1d59e6408283d57e2b08048416ac6_17so they can dislike everything I post,
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0:47–0:49 · rev_5cb1d59e6408283d57e2b08048416ac6_18which is just— it's just really silly.
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0:49–0:51 · rev_5cb1d59e6408283d57e2b08048416ac6_19Maybe they don't like me because of
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0:51–0:53 · rev_5cb1d59e6408283d57e2b08048416ac6_20something I said or did in the past,
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0:53–0:55 · rev_5cb1d59e6408283d57e2b08048416ac6_21maybe in 2018 or 2019, and they still hold
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0:55–0:58 · rev_5cb1d59e6408283d57e2b08048416ac6_22it against me and they, for some reason,
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0:58–0:59 · rev_5cb1d59e6408283d57e2b08048416ac6_23they can't move on. But Even if I make a
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0:59–1:02 · rev_5cb1d59e6408283d57e2b08048416ac6_24video that's really, really tame and, you
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1:02–1:05 · rev_5cb1d59e6408283d57e2b08048416ac6_25know, I didn't say anything weird or bad
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1:05–1:07 · rev_5cb1d59e6408283d57e2b08048416ac6_26in it, even if it's a video about my cats,
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1:07–1:09 · rev_5cb1d59e6408283d57e2b08048416ac6_27it would get hundreds of dislikes, which I
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1:09–1:11 · rev_5cb1d59e6408283d57e2b08048416ac6_28just— I feel like it's really unfair and
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1:11–1:13 · rev_5cb1d59e6408283d57e2b08048416ac6_29undeserved. And in the real world, people
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1:13–1:16 · rev_5cb1d59e6408283d57e2b08048416ac6_30make mistakes, they own up to it, they
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1:16–1:17 · rev_5cb1d59e6408283d57e2b08048416ac6_31self-reflect, and then everyone just kind
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1:18–1:20 · rev_5cb1d59e6408283d57e2b08048416ac6_32of accepts it and moves on, and they try
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1:20–1:22 · rev_5cb1d59e6408283d57e2b08048416ac6_33not to make the same mistakes again. But
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1:22–1:23 · rev_5cb1d59e6408283d57e2b08048416ac6_34on YouTube, you make a mistake and then
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1:24–1:25 · rev_5cb1d59e6408283d57e2b08048416ac6_35you get hundreds of people who hold a
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1:25–1:27 · rev_5cb1d59e6408283d57e2b08048416ac6_36grudge against you for years and years and
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1:27–1:29 · rev_5cb1d59e6408283d57e2b08048416ac6_37years. So help me show the dislikers who's
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1:30–1:32 · rev_5cb1d59e6408283d57e2b08048416ac6_38actually in charge here. And, um,
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1:32–1:35 · rev_5cb1d59e6408283d57e2b08048416ac6_39yeah, press the like button, please.
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1:36–1:38 · rev_5cb1d59e6408283d57e2b08048416ac6_40Thanks very much. Okay, so on to the
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1:38–1:41 · rev_5cb1d59e6408283d57e2b08048416ac6_41video. I wanted to talk about, um, my
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1:41–1:44 · rev_5cb1d59e6408283d57e2b08048416ac6_42passive income streams and income streams
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1:44–1:47 · rev_5cb1d59e6408283d57e2b08048416ac6_43on the internet because I keep seeing in
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1:47–1:49 · rev_5cb1d59e6408283d57e2b08048416ac6_44the comment section all the time people
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1:49–1:51 · rev_5cb1d59e6408283d57e2b08048416ac6_45asking things like, how does he pay for
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1:51–1:53 · rev_5cb1d59e6408283d57e2b08048416ac6_46this? How does he pay for rent when he
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1:54–1:55 · rev_5cb1d59e6408283d57e2b08048416ac6_47doesn't have a job? Surely his mum is
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1:55–1:56 · rev_5cb1d59e6408283d57e2b08048416ac6_48sending him money. Surely he he gets money
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1:56–1:59 · rev_5cb1d59e6408283d57e2b08048416ac6_49from his parents, which I definitely do
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1:59–2:01 · rev_5cb1d59e6408283d57e2b08048416ac6_50not get any money from my parents or my
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2:01–2:03 · rev_5cb1d59e6408283d57e2b08048416ac6_51family. People are suspicious because they
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2:04–2:06 · rev_5cb1d59e6408283d57e2b08048416ac6_52see my channel, they think surely his
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2:06–2:08 · rev_5cb1d59e6408283d57e2b08048416ac6_53YouTube channel doesn't make much money,
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2:08–2:10 · rev_5cb1d59e6408283d57e2b08048416ac6_54it's not enough to live on. And yeah,
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2:10–2:12 · rev_5cb1d59e6408283d57e2b08048416ac6_55unfortunately that has now become true,
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2:12–2:15 · rev_5cb1d59e6408283d57e2b08048416ac6_56but YouTube is not my only source of
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2:15–2:18 · rev_5cb1d59e6408283d57e2b08048416ac6_57income. I have multiple streams of income
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2:18–2:20 · rev_5cb1d59e6408283d57e2b08048416ac6_58coming from the internet. Okay, so first
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2:20–2:22 · rev_5cb1d59e6408283d57e2b08048416ac6_59of all, I need to explain what my
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2:22–2:24 · rev_5cb1d59e6408283d57e2b08048416ac6_60definition of passive income is. I think
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2:24–2:27 · rev_5cb1d59e6408283d57e2b08048416ac6_61passive income is when you do a task and
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2:27–2:29 · rev_5cb1d59e6408283d57e2b08048416ac6_62you complete a task, and then you put it
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2:29–2:31 · rev_5cb1d59e6408283d57e2b08048416ac6_63out there onto the internet, and then it
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2:32–2:33 · rev_5cb1d59e6408283d57e2b08048416ac6_64keeps generating money year after year,
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2:33–2:35 · rev_5cb1d59e6408283d57e2b08048416ac6_65month after month, day after day. So one
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2:36–2:38 · rev_5cb1d59e6408283d57e2b08048416ac6_66of my favorite forms of passive income
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2:38–2:41 · rev_5cb1d59e6408283d57e2b08048416ac6_67would have to be having a YouTube channel.
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2:41–2:43 · rev_5cb1d59e6408283d57e2b08048416ac6_68So I have multiple YouTube channels, and I
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2:44–2:46 · rev_5cb1d59e6408283d57e2b08048416ac6_69think having a back catalog of hundreds or
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2:47–2:48 · rev_5cb1d59e6408283d57e2b08048416ac6_70possibly even thousands of videos
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2:48–2:50 · rev_5cb1d59e6408283d57e2b08048416ac6_71generating money each month is a great way
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2:50–2:53 · rev_5cb1d59e6408283d57e2b08048416ac6_72to make some extra money and everyone can
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2:53–2:55 · rev_5cb1d59e6408283d57e2b08048416ac6_73do it. Anyone can do it. You don't need
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2:56–2:57 · rev_5cb1d59e6408283d57e2b08048416ac6_74professional gear. You don't really need a
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2:57–2:59 · rev_5cb1d59e6408283d57e2b08048416ac6_75fan base or an audience either. You can
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3:00–3:02 · rev_5cb1d59e6408283d57e2b08048416ac6_76just make a video about a trending topic
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3:02–3:04 · rev_5cb1d59e6408283d57e2b08048416ac6_77and it'll probably get views after some
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3:04–3:06 · rev_5cb1d59e6408283d57e2b08048416ac6_78time. And this is one video I would like
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3:07–3:08 · rev_5cb1d59e6408283d57e2b08048416ac6_79to talk about. It's a video about a video
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3:09–3:11 · rev_5cb1d59e6408283d57e2b08048416ac6_80game called Boneworks I made on my second
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3:12–3:14 · rev_5cb1d59e6408283d57e2b08048416ac6_81channel, and I think it's a great example
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3:14–3:16 · rev_5cb1d59e6408283d57e2b08048416ac6_82of how you don't even need to have a
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3:16–3:18 · rev_5cb1d59e6408283d57e2b08048416ac6_83YouTube audience to be able to make money
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3:18–3:21 · rev_5cb1d59e6408283d57e2b08048416ac6_84and to get views on YouTube. Just pick
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3:21–3:23 · rev_5cb1d59e6408283d57e2b08048416ac6_85some kind of trending topic. And look at
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3:23–3:25 · rev_5cb1d59e6408283d57e2b08048416ac6_86this. This blue line shows how many views
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3:25–3:28 · rev_5cb1d59e6408283d57e2b08048416ac6_87it got. You got 135,000 views.
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3:28–3:31 · rev_5cb1d59e6408283d57e2b08048416ac6_8894% came from search results, not from
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3:31–3:34 · rev_5cb1d59e6408283d57e2b08048416ac6_89people who subscribed to the channel. And
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3:34–3:36 · rev_5cb1d59e6408283d57e2b08048416ac6_90here you can see how much money it made.
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3:36–3:38 · rev_5cb1d59e6408283d57e2b08048416ac6_91It made $222 in total. And this
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3:38–3:42 · rev_5cb1d59e6408283d57e2b08048416ac6_92is the line that shows how much money it
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3:42–3:44 · rev_5cb1d59e6408283d57e2b08048416ac6_93made in the first, the first 40 days. It
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3:44–3:47 · rev_5cb1d59e6408283d57e2b08048416ac6_94didn't even make $5. And maybe $222 is not
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3:48–3:52 · rev_5cb1d59e6408283d57e2b08048416ac6_95very much, but when you've got hundreds of
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3:52–3:53 · rev_5cb1d59e6408283d57e2b08048416ac6_96videos that are doing this, then it does
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3:54–3:56 · rev_5cb1d59e6408283d57e2b08048416ac6_97rack up to quite a nice amount of money
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3:56–3:59 · rev_5cb1d59e6408283d57e2b08048416ac6_98each month coming in. So I don't really
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3:59–4:01 · rev_5cb1d59e6408283d57e2b08048416ac6_99feel like I need to spend too much time
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4:01–4:02 · rev_5cb1d59e6408283d57e2b08048416ac6_100explaining that. It's pretty basic. You
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4:02–4:04 · rev_5cb1d59e6408283d57e2b08048416ac6_101just make videos, and then as long as
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4:04–4:06 · rev_5cb1d59e6408283d57e2b08048416ac6_102people keep watching the videos, even
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4:06–4:08 · rev_5cb1d59e6408283d57e2b08048416ac6_103years after you've posted it, they'll
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4:08–4:10 · rev_5cb1d59e6408283d57e2b08048416ac6_104still— the videos will still make money.
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4:10–4:11 · rev_5cb1d59e6408283d57e2b08048416ac6_105Okay, number passive income stream
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4:12–4:15 · rev_5cb1d59e6408283d57e2b08048416ac6_106is Amazon Affiliates.
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4:15–4:18 · rev_5cb1d59e6408283d57e2b08048416ac6_107So I have an Amazon Affiliates account.
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4:18–4:20 · rev_5cb1d59e6408283d57e2b08048416ac6_108Basically it means if you click my link on
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4:20–4:24 · rev_5cb1d59e6408283d57e2b08048416ac6_109Amazon and then you buy stuff, then I'll
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4:24–4:26 · rev_5cb1d59e6408283d57e2b08048416ac6_110get a small percentage. I'll get a
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4:27–4:28 · rev_5cb1d59e6408283d57e2b08048416ac6_111commission fee depending on how much you
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4:28–4:31 · rev_5cb1d59e6408283d57e2b08048416ac6_112spend. So for example, if you want to buy
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4:31–4:33 · rev_5cb1d59e6408283d57e2b08048416ac6_113this amazing USB mini Rode mic,
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4:33–4:37 · rev_5cb1d59e6408283d57e2b08048416ac6_114then I can put a link to this microphone
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4:37–4:39 · rev_5cb1d59e6408283d57e2b08048416ac6_115using my Affiliates account and in the
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4:39–4:41 · rev_5cb1d59e6408283d57e2b08048416ac6_116comment section, and then if you click on
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4:42–4:43 · rev_5cb1d59e6408283d57e2b08048416ac6_117the link and then buy it through the link,
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4:43–4:45 · rev_5cb1d59e6408283d57e2b08048416ac6_118then I'll get a small percentage of the
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4:45–4:48 · rev_5cb1d59e6408283d57e2b08048416ac6_119total price of the item. And I think it's
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4:48–4:50 · rev_5cb1d59e6408283d57e2b08048416ac6_120a pretty good way to support me if you
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4:50–4:52 · rev_5cb1d59e6408283d57e2b08048416ac6_121want to support me without just donating
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4:52–4:55 · rev_5cb1d59e6408283d57e2b08048416ac6_122or sending me money directly, because if
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4:55–4:58 · rev_5cb1d59e6408283d57e2b08048416ac6_123you donate, then you don't really get
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4:58–5:00 · rev_5cb1d59e6408283d57e2b08048416ac6_124anything in return. But if you buy stuff
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5:01–5:02 · rev_5cb1d59e6408283d57e2b08048416ac6_125on Amazon that you were going to buy
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5:03–5:04 · rev_5cb1d59e6408283d57e2b08048416ac6_126anyway, then you get the stuff from
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5:04–5:07 · rev_5cb1d59e6408283d57e2b08048416ac6_127Amazon. Plus, you know, it also helps me a
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5:07–5:09 · rev_5cb1d59e6408283d57e2b08048416ac6_128little bit. Okay, next passive income
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5:09–5:12 · rev_5cb1d59e6408283d57e2b08048416ac6_129stream is merch. Pretty self-explanatory.
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5:13–5:16 · rev_5cb1d59e6408283d57e2b08048416ac6_130I designed the t-shirts and the merch,
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5:16–5:18 · rev_5cb1d59e6408283d57e2b08048416ac6_131and then I just put it onto my store, and
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5:19–5:20 · rev_5cb1d59e6408283d57e2b08048416ac6_132then years later people can still buy it
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5:21–5:23 · rev_5cb1d59e6408283d57e2b08048416ac6_133and I can still make money off it. As you
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5:23–5:25 · rev_5cb1d59e6408283d57e2b08048416ac6_134can see, this is my merch store. We've got
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5:25–5:28 · rev_5cb1d59e6408283d57e2b08048416ac6_135lots of things. Got t-shirts, cups,
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5:28–5:30 · rev_5cb1d59e6408283d57e2b08048416ac6_136mugs, pillows, lots of t-shirts,
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5:31–5:35 · rev_5cb1d59e6408283d57e2b08048416ac6_137more cups, and I did all this artwork all
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5:35–5:38 · rev_5cb1d59e6408283d57e2b08048416ac6_138by myself on my iPad Pro. I'm not sure
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5:38–5:41 · rev_5cb1d59e6408283d57e2b08048416ac6_139why, but the merch shelf that used to
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5:41–5:43 · rev_5cb1d59e6408283d57e2b08048416ac6_140appear below videos is not there anymore.
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5:44–5:45 · rev_5cb1d59e6408283d57e2b08048416ac6_141I'm not sure why, so I'll just leave a
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5:45–5:47 · rev_5cb1d59e6408283d57e2b08048416ac6_142link to the store. It should still be
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5:47–5:49 · rev_5cb1d59e6408283d57e2b08048416ac6_143accessible that way. Okay, my next passive
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5:49–5:52 · rev_5cb1d59e6408283d57e2b08048416ac6_144income source is dividend stocks. So I've
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5:53–5:56 · rev_5cb1d59e6408283d57e2b08048416ac6_145got about £10,000 in dividend stocks,
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5:56–5:58 · rev_5cb1d59e6408283d57e2b08048416ac6_146but Basically, how a dividend stock works
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5:58–6:00 · rev_5cb1d59e6408283d57e2b08048416ac6_147is if you own the shares to some
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6:01–6:03 · rev_5cb1d59e6408283d57e2b08048416ac6_148companies, they will pay you a certain
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6:03–6:05 · rev_5cb1d59e6408283d57e2b08048416ac6_149amount of money for every share that you
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6:05–6:07 · rev_5cb1d59e6408283d57e2b08048416ac6_150own four times a year. So it's each
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6:07–6:10 · rev_5cb1d59e6408283d57e2b08048416ac6_151quarter. So if a stock has a four percent
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6:10–6:13 · rev_5cb1d59e6408283d57e2b08048416ac6_152or five percent dividend yield and you put
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6:13–6:15 · rev_5cb1d59e6408283d57e2b08048416ac6_153a thousand pounds into it, they'll give
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6:15–6:17 · rev_5cb1d59e6408283d57e2b08048416ac6_154you they'll pay you five percent of that
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6:17–6:19 · rev_5cb1d59e6408283d57e2b08048416ac6_155one thousand pounds each year. And as long
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6:19–6:22 · rev_5cb1d59e6408283d57e2b08048416ac6_156as you pick good companies that are stable
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6:23–6:24 · rev_5cb1d59e6408283d57e2b08048416ac6_157and they give they've got a good record of
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6:25–6:26 · rev_5cb1d59e6408283d57e2b08048416ac6_158paying out the dividends every single
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6:26–6:28 · rev_5cb1d59e6408283d57e2b08048416ac6_159year, then it's quite a reliable and safe
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6:29–6:31 · rev_5cb1d59e6408283d57e2b08048416ac6_160way to make passive income. Even if the
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6:31–6:34 · rev_5cb1d59e6408283d57e2b08048416ac6_161value of the stock goes up and down, it
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6:34–6:35 · rev_5cb1d59e6408283d57e2b08048416ac6_162doesn't really matter because they'll
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6:36–6:37 · rev_5cb1d59e6408283d57e2b08048416ac6_163still pay you the dividend. And I think
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6:37–6:39 · rev_5cb1d59e6408283d57e2b08048416ac6_164I've got some pretty good dividend stocks.
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6:39–6:41 · rev_5cb1d59e6408283d57e2b08048416ac6_165I've got Walgreens Boots Alliance.
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6:41–6:43 · rev_5cb1d59e6408283d57e2b08048416ac6_166Walgreens is a pretty good pharmacy.
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6:43–6:45 · rev_5cb1d59e6408283d57e2b08048416ac6_167Everyone needs pharmacies to get medicine.
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6:45–6:47 · rev_5cb1d59e6408283d57e2b08048416ac6_168They also buy snacks and other things when
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6:47–6:50 · rev_5cb1d59e6408283d57e2b08048416ac6_169they go there. I've also got Altria. They
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6:50–6:52 · rev_5cb1d59e6408283d57e2b08048416ac6_170are a tobacco company. They're famous for
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6:53–6:55 · rev_5cb1d59e6408283d57e2b08048416ac6_171Marlboro and all the cigarette stuff. And
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6:56–6:58 · rev_5cb1d59e6408283d57e2b08048416ac6_172billions of people all around the world
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6:58–6:59 · rev_5cb1d59e6408283d57e2b08048416ac6_173smoke cigarettes. And even though it's bad
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7:00–7:01 · rev_5cb1d59e6408283d57e2b08048416ac6_174for you, people don't really care because
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7:01–7:03 · rev_5cb1d59e6408283d57e2b08048416ac6_175if they want to smoke, they're going to
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7:03–7:04 · rev_5cb1d59e6408283d57e2b08048416ac6_176smoke. It's like alcohol and bacon. If
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7:04–7:06 · rev_5cb1d59e6408283d57e2b08048416ac6_177people want to drink alcohol and eat
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7:07–7:07 · rev_5cb1d59e6408283d57e2b08048416ac6_178bacon, even if it's bad for you, we want
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7:08–7:10 · rev_5cb1d59e6408283d57e2b08048416ac6_179to enjoy life. So people are always going
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7:11–7:13 · rev_5cb1d59e6408283d57e2b08048416ac6_180to be smoking and always going to be
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7:14–7:15 · rev_5cb1d59e6408283d57e2b08048416ac6_181buying cigarettes. So I think Altria is a
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7:15–7:17 · rev_5cb1d59e6408283d57e2b08048416ac6_182pretty reliable company. And I've also got
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7:18–7:20 · rev_5cb1d59e6408283d57e2b08048416ac6_183JP Morgan dividend stocks,
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7:20–7:23 · rev_5cb1d59e6408283d57e2b08048416ac6_184and it's actually better than having a
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7:23–7:25 · rev_5cb1d59e6408283d57e2b08048416ac6_185savings account. I don't know if anyone
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7:26–7:27 · rev_5cb1d59e6408283d57e2b08048416ac6_186actually uses savings accounts anymore.
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7:27–7:28 · rev_5cb1d59e6408283d57e2b08048416ac6_187What's the point? I'm sure you'll get more
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7:28–7:31 · rev_5cb1d59e6408283d57e2b08048416ac6_188money if you just put your money into a
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7:32–7:32 · rev_5cb1d59e6408283d57e2b08048416ac6_189dividend stock and get a 4 or 5% return
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7:33–7:35 · rev_5cb1d59e6408283d57e2b08048416ac6_190each year. I don't think there's savings
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7:35–7:36 · rev_5cb1d59e6408283d57e2b08048416ac6_191accounts that give you a 5% return,
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7:36–7:39 · rev_5cb1d59e6408283d57e2b08048416ac6_1925% interest each year. So instead of
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7:39–7:42 · rev_5cb1d59e6408283d57e2b08048416ac6_193putting your money into a JP Morgan or
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7:42–7:44 · rev_5cb1d59e6408283d57e2b08048416ac6_194Bank of America bank— banking savings
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7:45–7:47 · rev_5cb1d59e6408283d57e2b08048416ac6_195account, why don't you just put your
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7:47–7:48 · rev_5cb1d59e6408283d57e2b08048416ac6_196savings into the stock of the bank?
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7:49–7:51 · rev_5cb1d59e6408283d57e2b08048416ac6_197Because then you get a 2% dividend, and
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7:51–7:54 · rev_5cb1d59e6408283d57e2b08048416ac6_198it's JP Morgan. It's like the biggest bank
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7:54–7:56 · rev_5cb1d59e6408283d57e2b08048416ac6_199in all of America, backed by the
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7:56–7:57 · rev_5cb1d59e6408283d57e2b08048416ac6_200government. It's not going to fail. I
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7:58–7:59 · rev_5cb1d59e6408283d57e2b08048416ac6_201really like the idea of dividend stocks
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7:59–8:01 · rev_5cb1d59e6408283d57e2b08048416ac6_202and making money from dividends because I
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8:02–8:03 · rev_5cb1d59e6408283d57e2b08048416ac6_203think it's pretty cool that you can get
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8:03–8:05 · rev_5cb1d59e6408283d57e2b08048416ac6_204paid from a company that's working hard to
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8:06–8:09 · rev_5cb1d59e6408283d57e2b08048416ac6_205make products and delivering a service,
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8:09–8:10 · rev_5cb1d59e6408283d57e2b08048416ac6_206and you're getting a share of the revenue
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8:11–8:13 · rev_5cb1d59e6408283d57e2b08048416ac6_207when really you didn't do anything. I
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8:13–8:17 · rev_5cb1d59e6408283d57e2b08048416ac6_208mean, I just bought the shares and I'm
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8:17–8:18 · rev_5cb1d59e6408283d57e2b08048416ac6_209just sitting here playing Rainbow Six
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8:19–8:20 · rev_5cb1d59e6408283d57e2b08048416ac6_210whilst the actual workers and the people
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8:20–8:22 · rev_5cb1d59e6408283d57e2b08048416ac6_211working for the company are working hard
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8:22–8:24 · rev_5cb1d59e6408283d57e2b08048416ac6_212to bring those profits in, and then I get
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8:25–8:27 · rev_5cb1d59e6408283d57e2b08048416ac6_213a little percentage of it for basically
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8:27–8:29 · rev_5cb1d59e6408283d57e2b08048416ac6_214having nearly no contribution apart from
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8:30–8:33 · rev_5cb1d59e6408283d57e2b08048416ac6_215just buying the shares. I really have to
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8:33–8:35 · rev_5cb1d59e6408283d57e2b08048416ac6_216say my favorite way of making money is by,
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8:35–8:38 · rev_5cb1d59e6408283d57e2b08048416ac6_217by not doing anything and doing the bare
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8:38–8:40 · rev_5cb1d59e6408283d57e2b08048416ac6_218minimum while still raking in the cash.
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8:40–8:43 · rev_5cb1d59e6408283d57e2b08048416ac6_219Okay, so next we have stock gains.
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8:43–8:47 · rev_5cb1d59e6408283d57e2b08048416ac6_220So stock gains are, you know, stocks
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8:47–8:49 · rev_5cb1d59e6408283d57e2b08048416ac6_221again, but it's not really the same as a
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8:49–8:51 · rev_5cb1d59e6408283d57e2b08048416ac6_222dividend stock because you don't get
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8:51–8:52 · rev_5cb1d59e6408283d57e2b08048416ac6_223dividends. You make money from the stock
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8:52–8:54 · rev_5cb1d59e6408283d57e2b08048416ac6_224going up in value, and then you, you know,
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8:55–8:57 · rev_5cb1d59e6408283d57e2b08048416ac6_225you buy low, you sell high. It's a
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8:57–8:59 · rev_5cb1d59e6408283d57e2b08048416ac6_226different way of making money on the stock
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8:59–9:00 · rev_5cb1d59e6408283d57e2b08048416ac6_227market. There's many, many ways that you
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9:01–9:03 · rev_5cb1d59e6408283d57e2b08048416ac6_228can make money on the stock market. It's
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9:03–9:04 · rev_5cb1d59e6408283d57e2b08048416ac6_229not just buy low and sell sell high. You
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9:05–9:06 · rev_5cb1d59e6408283d57e2b08048416ac6_230can also short stuff hoping it goes down,
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9:07–9:09 · rev_5cb1d59e6408283d57e2b08048416ac6_231you make money that way. Yeah, there's
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9:09–9:11 · rev_5cb1d59e6408283d57e2b08048416ac6_232lots of different ways. I think I actually
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9:11–9:13 · rev_5cb1d59e6408283d57e2b08048416ac6_233prefer dividend investing because you
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9:13–9:15 · rev_5cb1d59e6408283d57e2b08048416ac6_234don't have to worry about buying and
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9:16–9:17 · rev_5cb1d59e6408283d57e2b08048416ac6_235selling. You just buy the shares and you
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9:17–9:19 · rev_5cb1d59e6408283d57e2b08048416ac6_236have the goal of buying more and more
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9:19–9:21 · rev_5cb1d59e6408283d57e2b08048416ac6_237shares. Problem is it takes a lot of
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9:21–9:23 · rev_5cb1d59e6408283d57e2b08048416ac6_238money. You need a lot of money to make
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9:23–9:24 · rev_5cb1d59e6408283d57e2b08048416ac6_239anything decent off of dividend. Okay,
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9:24–9:27 · rev_5cb1d59e6408283d57e2b08048416ac6_240next one is Patreon.
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9:27–9:30 · rev_5cb1d59e6408283d57e2b08048416ac6_241So I don't know why I included that, but I
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9:30–9:33 · rev_5cb1d59e6408283d57e2b08048416ac6_242guess it is a way of making money. I do
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9:33–9:35 · rev_5cb1d59e6408283d57e2b08048416ac6_243have a Patreon, but it's really, really
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9:35–9:37 · rev_5cb1d59e6408283d57e2b08048416ac6_244inactive. But I still have 5 people signed
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9:37–9:40 · rev_5cb1d59e6408283d57e2b08048416ac6_245up to it, so I'm still making like $5 a
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9:40–9:42 · rev_5cb1d59e6408283d57e2b08048416ac6_246month from Patreon even though I haven't
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9:43–9:44 · rev_5cb1d59e6408283d57e2b08048416ac6_247actually uploaded anything to it in nearly
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9:44–9:46 · rev_5cb1d59e6408283d57e2b08048416ac6_2482 years. So basically Patreon, you put
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9:47–9:49 · rev_5cb1d59e6408283d57e2b08048416ac6_249stuff onto it, people sign up to it to get
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9:49–9:51 · rev_5cb1d59e6408283d57e2b08048416ac6_250the, um, exclusive content. I'll show you
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9:51–9:54 · rev_5cb1d59e6408283d57e2b08048416ac6_251mine. So this is my Patreon. I made it a
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9:54–9:57 · rev_5cb1d59e6408283d57e2b08048416ac6_252couple years ago. I can't scroll down
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9:58–9:59 · rev_5cb1d59e6408283d57e2b08048416ac6_253because some pictures on it that might get
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9:59–10:02 · rev_5cb1d59e6408283d57e2b08048416ac6_254me into trouble. And, um, yeah,
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10:02–10:05 · rev_5cb1d59e6408283d57e2b08048416ac6_255it's kind of a failed, failed project of
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10:05–10:07 · rev_5cb1d59e6408283d57e2b08048416ac6_256mine. I just really couldn't get people to
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10:07–10:09 · rev_5cb1d59e6408283d57e2b08048416ac6_257come and sign on to it, and I wouldn't
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10:09–10:11 · rev_5cb1d59e6408283d57e2b08048416ac6_258recommend signing up to it because I have
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10:12–10:13 · rev_5cb1d59e6408283d57e2b08048416ac6_259no plans to post anything to it. I just
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10:13–10:16 · rev_5cb1d59e6408283d57e2b08048416ac6_260don't really know what to post to it.
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10:16–10:18 · rev_5cb1d59e6408283d57e2b08048416ac6_261Maybe I could post bonus footage, but I,
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10:19–10:21 · rev_5cb1d59e6408283d57e2b08048416ac6_262I just don't really have any bonus footage
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10:22–10:24 · rev_5cb1d59e6408283d57e2b08048416ac6_263of any kind. And then finally, my last
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10:24–10:27 · rev_5cb1d59e6408283d57e2b08048416ac6_264way of making passive income is OnlyFans.
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10:27–10:32 · rev_5cb1d59e6408283d57e2b08048416ac6_265My most controversial way of making money
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10:32–10:35 · rev_5cb1d59e6408283d57e2b08048416ac6_266and my most successful way of making money
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10:35–10:37 · rev_5cb1d59e6408283d57e2b08048416ac6_267has been OnlyFans for the past year. And I
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10:38–10:40 · rev_5cb1d59e6408283d57e2b08048416ac6_268think I don't really need to explain. You
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10:41–10:42 · rev_5cb1d59e6408283d57e2b08048416ac6_269post stuff onto it, people sign up and pay
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10:42–10:45 · rev_5cb1d59e6408283d57e2b08048416ac6_270for it. And I think of it as passive
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10:45–10:47 · rev_5cb1d59e6408283d57e2b08048416ac6_271income because, well, I just— I make this
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10:48–10:49 · rev_5cb1d59e6408283d57e2b08048416ac6_272stuff, I post it onto there, and then
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10:50–10:52 · rev_5cb1d59e6408283d57e2b08048416ac6_273people sign up to it and they enjoy the
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10:52–10:54 · rev_5cb1d59e6408283d57e2b08048416ac6_274content And then, yeah, you just kind of
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10:55–10:58 · rev_5cb1d59e6408283d57e2b08048416ac6_275build like a back catalog of OnlyFans
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10:58–11:00 · rev_5cb1d59e6408283d57e2b08048416ac6_276content that people want to sign up to
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11:00–11:02 · rev_5cb1d59e6408283d57e2b08048416ac6_277see, and it generates money each month
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11:03–11:06 · rev_5cb1d59e6408283d57e2b08048416ac6_278like that. So those were my 7 ways of— my
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11:06–11:09 · rev_5cb1d59e6408283d57e2b08048416ac6_2797 streams of passive income. Hope you
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11:09–11:13 · rev_5cb1d59e6408283d57e2b08048416ac6_280found that interesting, and don't forget,
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11:13–11:15 · rev_5cb1d59e6408283d57e2b08048416ac6_281press the like button. I'm sure there's
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11:15–11:17 · rev_5cb1d59e6408283d57e2b08048416ac6_282loads of other ways to make passive income
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11:18–11:19 · rev_5cb1d59e6408283d57e2b08048416ac6_283that I'm just too lazy to find out how to
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11:20–11:21 · rev_5cb1d59e6408283d57e2b08048416ac6_284do. You could buy a property and rent it
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11:22–11:24 · rev_5cb1d59e6408283d57e2b08048416ac6_285out, or you could do stock photography and
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11:24–11:27 · rev_5cb1d59e6408283d57e2b08048416ac6_286then sell it to websites, and then people
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11:27–11:29 · rev_5cb1d59e6408283d57e2b08048416ac6_287buy it, and then you, you get paid from
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11:29–11:32 · rev_5cb1d59e6408283d57e2b08048416ac6_288the photos and the videos and stuff like
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11:32–11:34 · rev_5cb1d59e6408283d57e2b08048416ac6_289that. Maybe you can make music and then
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11:35–11:36 · rev_5cb1d59e6408283d57e2b08048416ac6_290post on some website where people pay to
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11:36–11:39 · rev_5cb1d59e6408283d57e2b08048416ac6_291be able to use it in their projects.
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11:39–11:41 · rev_5cb1d59e6408283d57e2b08048416ac6_292There's all kinds of ways. Great thing
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11:41–11:43 · rev_5cb1d59e6408283d57e2b08048416ac6_293about the internet is just given us
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11:43–11:44 · rev_5cb1d59e6408283d57e2b08048416ac6_294unlimited ways of making money money by
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11:45–11:47 · rev_5cb1d59e6408283d57e2b08048416ac6_295doing basically everything and anything.
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11:47–11:50 · rev_5cb1d59e6408283d57e2b08048416ac6_296So that's all I had to say. Thanks for
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11:50–11:52 · rev_5cb1d59e6408283d57e2b08048416ac6_297watching and goodbye.
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11:52–11:54 · rev_5cb1d59e6408283d57e2b08048416ac6_298