What's up Drop Servicers, welcome back to
another video
today i'm going to talk about how to
create a passive income stream online
and we'll even show you a step-by-step
example of how you can make 120
per day or more so if you're interested
in starting or growing an online
business
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into it
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what if i told you it's possible to earn
hundreds of dollars each day
and that all it requires is a little bit
of effort to bring it in
too good to be true you reckon well
that's exactly what the concept of
passive income can do for you
passive income does exactly what it says
on the tin it's income that you make
passively before you even wake up in the
morning so compare this to
active income which is the hard earned
money you receive
by slogging it day and night in your
nine to five job so passive income is
against the normal belief system if you
have to work hard to get money
passive income isn't anything new
renting out property has been around for
hundreds of years
but with the invention of the internet
those same principles can be applied to
internet-based businesses
straight up guys it's going to take some
hard work to get it cranking initially
but
your online business can eventually earn
you money while you sleep
working is probably not a choice for
most of us right because
we have to make money to survive and
thrive in life billions of people today
are on a quest to make money often
forgetting their purpose in life or
just enjoying life in general which is
much more than just making money right
so
this finally lands them a job business
or profession which
helps them to make money but isn't
anywhere near their true passion or
purpose in life
people like this often settle for a
mediocre life if not an unsatisfied life
however passive income can be a complete
game changer
what if you could choose to follow your
passions and money just landed in your
bank account
each and every month right so what if
you're able to ride the economic
recession without making a reduction in
your standard of living
or sacrificing your other goals all of
this is actually possible
with the power of passive income so if
you want more options in life
and let's face it who doesn't then you
need to build your wealth
it really is that simple team so for
most people this requires your active
participation
and a full-time job most of the time
nine-to-five even if you love your job
i'm willing to bet you wouldn't mind
earning some extra income without the
blood
swear tears time and commitment that
goes into it from another job
so there are several benefits to earning
passive income
including but not limited to the
following
increasing your wealth first of all
which is a pretty important one
it protects you from a complete loss of
income if you lose your job right
so the next thing is it helps you build
up enough income
so that eventually it becomes your main
source of income
which in turn gives you more options at
the end of the day
for how and where you work which isn't
pretty important at the end of the day
so
it sounds great doesn't it but by now
you're probably thinking
how much can i actually make though
dylan i'll be honest passive income
won't make you wealthy
overnight just like anything else in the
world so forget about any get-rich-quick
schemes you've heard of but
steady profitable passive income can
build you some serious wealth over the
long haul
and i'm talking anywhere from a few
hundred dollars a day to
hundreds of thousands of dollars each
year depending on the income stream that
you create though right so
let's not get too far ahead of ourselves
here let's focus in this video
on explaining how to make 120 or more
each day
so all through the power of Drop
Servicing so
as you guys probably know if you're a
follower of this channel Drop Servicing
is one of the best ways that you can
build a passive income stream online
if you've watched any of my other videos
you'll know that Drop Servicing is my
specialty
and i've successfully launched dozens of
job servicing businesses
and i now teach hundreds of students
around the world how to set up their own
successful job servicing businesses
through the Drop Servicing blueprint so
let's just say
i know what i'm talking about when it
comes to job servicing firstly
for those of you that don't know Drop
Servicing is when you sell digital
services to clients like web design
animated video production facebook
advertising services
and many other services as well and then
once you get those clients you employ
other freelancers to carry out the
majority of the project's work so
your job is to focus on signing up
clients and managing projects
to make sure they can be completed to a
high standard of quality
so the business model is similar to how
subcontracting works for example
like physical industries like
construction so it's not a new idea
it's been around in various forms for
hundreds of years the only difference
is that it's now moved online so where's
this 100
a day coming from right first i'm going
to provide you with the blueprint to get
started
and on your way to make 120 each and
every day
and i'm going to explain how to choose
your niche how to prevent your offer to
potential clients build a team
market your service and finally how to
actually deliver results for your
clients
sounds like a lot of work right and yeah
it is but
it is possible if you're prepared to
follow my tried and tested model
and put in the hard yards so here's how
you get started
first your task is to choose a niche you
can Drop Service almost
anything there's a market for you don't
need to be an expert about a particular
service
but you need to at least understand how
it works for example
if you choose to sell blog writing
services you should be able at the very
least
know what high quality content looks
like and if you don't just do some
research and figure it out even
if it's just from a reader's perspective
you should have a general idea of what
quality is
so for services like web development
you'll probably need to know quite a lot
about it so
avoid the more technical services if you
don't understand what high quality looks
like
in that particular service now i know
many people who built successful job
servicing businesses
by providing niche services like
copywriting
web design animated video production
youtube ads
web development social media advertising
and management
the list goes on really there's endless
services you can provide
to companies out there because these
companies can't deliver the services
themselves
it would cost them thousands of dollars
to hire someone to deliver those
services over the long term
and they don't want to commit to hiring
someone over the long term as well
and at the same time they don't want to
go out there and find freelancers to do
the work takes a lot of work as well so
ideally you want to choose a niche that
is highly profitable
easy to understand and easy to sell the
simpler your business is
the easier you'll be able to sell it to
clients find freelancers
and scale your business you don't need
to worry too much about if you pick the
wrong niche in the beginning you'll be
able to just test out your service there
without spending huge sums of money and
then change into another one in the
future
if that one doesn't have enough demand
as you thought it would or
if you have problems delivering the
service you can always pivot to a new
niche
without costing much so once you've
found your niche you then need to
research the competition
in your niche one of the biggest
mistakes people make
is focusing on what they think people
want without really doing any research
to back up their beliefs
so everything should always be based on
the data what you should do
is focus on what's already working in
the market there's no need to reinvent
the wheel or
overthink things here or you also need
to realize you don't need to provide
some kind of overly innovative product
or a new thing
the key is to just look around at what
your competitors are doing and literally
copy what is working for them you can do
this by using upwards search for
services
that are in high demand and you'll get a
good idea around what the prices are
being charged for them
if you want to find projects that are
more likely to pay more target high gdp
countries
where it's more likely that they can
have a significant budget to spend
so you can also just google your service
to see what other companies out there
are offering
or figure out how they're offering it
and how much they're charging for it
so for example just google video
animation service
and you'll find many companies out there
already offering this service
go to their website and see how they're
packaging up the service
the idea is to copy what's already
working in the market
again and i can't stress this enough you
don't need to reinvent the wheel
to build a successful Drop Servicing
business especially when it comes to a
passive income stream
so cool now you know what your
competitors are offering
you need to create your own compelling
offer that you're going to present to
clients so
let's say you're going to offer
animation video services
you can then package your offer by
selling 30 seconds one minute
or two minute videos which includes
everything from writing the script
to actually making the video each option
has a different price
and could be done with a different time
frame so this way
you make it super easy for prospective
customers to understand your offer
and then buy it now the biggest
competitive advantage when it comes to
setting up a Drop Servicing business
is that you can charge much lower prices
than your competition so
this is because you're outsourcing the
project delivery to lower costs
freelancers
compared to hiring the same skills in
your home country on an ongoing salary
basis meaning having to pay them week
after week
so this allows you to undercut how much
your locally based competitors charge
but at the same time not reduce your
quality levels so
the trick here is don't just focus
completely on price
you need to focus on providing a service
that offers real value to your clients
and
ideally solves an actual business
problem for them right
so think about how much value they're
getting from it this will help you craft
stand out compelling offers
for example a business might have to
hire a part-time animator at like one
thousand dollars per week
in order to create two animated videos
per week but if you can offer that
animated video service only 500 for the
same number of videos
you're saving them 500 a week and
providing a really valuable service at
the end of the day right which is in
demand so
my next piece of advice is that if you
want to look really professional in the
market
you need to present yourself well to
clients one of the easiest and most
effective ways to do this
is to have your own website you can
easily use services like wordpress or
shopify even to build your own website
and include information for clients
on what services you offer and even
provide a payment gateway for clients to
pay you so
having a good looking website will
really make you look way more
professional
and clients are more likely to trust you
right which is super important in the
sales process
your next step here is really crucial
and if you can't do it then
you will struggle to get started let
alone create a profitable passive income
stream so
you need to find freelancers who can
help you with project delivery
these are the people who will actually
do the majority of the work
some of the top platforms to hire
freelancers that i've used
and recommend as well upwork freelancer
people per hour you can even find good
freelancers and facebook groups and
even students of certain technical
skills or whatever it may be
right students of web design or whatever
those are usually really good to go for
as well
and you're going to want to take them
through kind of a vetting process where
you're looking at their example work
their reviews their costs asking for
specific project specifications and what
the cost of those would be
and on these platforms you can post an
ad and request that you get in contact
with you
before you hire someone you can make
sure they give you a test to do as well
like writing a trial blog post or making
a test 30 second animated video
also take the time to review their
profile feedback rating
length of years in the industry and how
much they're charging
and remember the amount you pay them
needs to be less
than how much you're going to charge
your clients might sound simple but a
lot of people miss that fact you need to
make a profit at the end of the day
which is revenue minus cost so
from there you can create a short list
of freelancers and pick the top ones
that you like
make sure that you don't just go for the
cheapest option though because this can
blow up in your face
if the quality of the work is not that
good so it's better to spend a little
bit more time
to get a more talented freelancers to
work with it's really important you get
a step right and
it's probably the most crucial part of
building a Drop Servicing business okay
so
once you've found your freelancers you
need to go to work on marketing your
service
you're gonna find it difficult to make
your Drop Servicing business work
if you don't have marketing skills just
think why would a client order from you
when they can easily go to upwork
themselves or go to a different agency
it's all in the packaging of the product
and the communication of that package
you can charge more if you know how to
package up and market your services
and i recommend starting with automated
email campaigns so
if you're just starting automated email
campaigns are by far the most
cost-effective
and time-saving way to find clients and
sending out emails to your clients one
by one
can be pretty time consuming and tedious
so the best way to solve this
is to use email automation software with
automated campaigns
you can send out hundreds of emails a
week to your target clients
and the whole campaign can be completely
automated
you can set it up so the client has sent
out an initial email and then several
follow-up emails from there
and the aim should be to get the client
to go to your website and book a sales
call with you
or to directly buy your services from
your website so it's all about building
up and creating the sales funnel
continuously
and bringing in the client so now that
you've got up and running you need to
focus on delivering your service to
clients
bringing on new clients and scaling your
business by automating your business
with software and people so
you can hit that 120 a day while you
sleep now
building scale in your business is all
about establishing your team
and getting a system in place to deliver
value to your clients
in a time effective manner you want to
make sure that you have a team of
freelancers in place
to complete client work so that you can
spend your time signing up new clients
and managing existing clients
you want to build your businesses up so
you can always have client projects and
even an
over demand now once you know what
you're doing
it won't be hard to find more
freelancers to increase your capacity
over time
and help you scale you can build
automation to every aspect of your
business
and automating tasks frees up your time
sometimes
hours a day sometimes the entire day so
you can focus on more important tasks
that are actually going to help to scale
your business now the sooner you can
automate tasks
the faster it will be to grow your
business and every part of your business
can be automated by software or by
humans your freelancers
ideally you want to get to the point
where the whole process from
emailing prospective clients right up
until project delivery
is completely automated and this allows
you to build massive scale into your
business
to get to a minimum of 120 dollars a day
or 840 dollars per week in revenue
break it down in smaller goals if you're
selling animated videos for an average
of 300
per video then this means that you're
only going to need to sell three videos
per week
which could all come from signing up a
single client with a long-term contract
or a few separate clients so this
process helps you make feel like the
goal will be more achievable
and think about how many teams of
thousands of businesses are out there
online
who require the service that you're
offering right so imagine
that you need two or three to start
making 120
a day all of a sudden it doesn't seem
that hard does it
and if you put my Drop Servicing
blueprint into practice you'll reach 120
a day in passive income in no time it
just takes hard work
initially and embracing new ways of
doing things so team
where are we at well i've covered a lot
in this video about passive income and
how Drop Servicing is great business if
you want to make 120
per day or more in passive income so to
recap
creating a passive income stream is a
great way to build up a side earner
so that you can build your wealth and
over time this gives you heaps more
options and what you can do with your
life
if you put in the work with something
like Drop Servicing it can eventually
provide you with enough income
so you can quit your day job and work
and live from wherever you want
how good would that be right so the
thing with Drop Servicing is
that no physical goods are involved so
you're not going to lose money
and shipping costs or the product costs
and you won't have a lot of customer
complaints about bad products because
each completed service will pass through
you which gives you complete control
over the quality so
that's it guys my final bit of advice
before getting started
is that long-term success in business is
about providing high quality services to
your clients
so you can enable them to make more
money grow their business with your
service
and then come back to you for more i
know that this is a strategy that works
because
i've done it in my business myself right
so if you want to achieve similar
results to me
you just have to be prepared to get
started so that's the video today team
hopefully you actually take the plunge
and start your first online business and
start making some passive income right
so
once again don't forget to like the
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any questions you have and i'll answer
them in an upcoming video
until next time Drop Servicers