In today's video,
I'm going to break down three things for you.
First, I'm going to break down how I make money online,
second, I'm going to break down why I choose
to make money online this way
and third I'm going to break down why I have
this YouTube channel and what it's all about.
Hi everyone and welcome back to another video.
If you're new here, my name is Greg.
I'd like to talk about online entrepreneurship
and sharing the resources that I wish
I had along my journey.
So if you were interested in making money online,
feel free to look around the channel
and consider subscribing 'cause you'll find
a lot of things here that typically
you would have to pay for it in a course.
With that being said to all of you guys
who are returning to the channel,
thank you guys so much for all of the support.
You guys know how much I appreciate it
so thank you once again for all the comments,
all the thumbs up on these videos,
I really do appreciate it.
Now, as mentioned in this video,
there are going to be three parts to this video
and I will put a table of contents down in the description.
So if you want to jump around in this video
and find the information that you're really looking for,
feel free to look down in the description
and watch whatever you need.
Now in this video, I wanna start it off
with how I make money online.
And I wasn't going to put this into another video
because I have other ones on the channel explaining it.
However, in today's day and age,
it seems like the internet is flooded with scammy videos
and get rich quick videos.
So I wanted to put together another video
that I know you guys will appreciate, explaining exactly
how I choose to make money online.
Now without further ado, let's start to break down
the first section of how I make money online.
Now to give you some context as we dive into this.
I have been doing this for well over five years
and I've learned a lot along the way
of how to make money online.
I've tried what seems like every different way out there
to make money online.
And I've boiled it down to just the two
that I currently do today.
There are two business models that I personally focus
on because combined they make up over 80%
of my total income.
When you're making money online,
you don't want to spread
yourself thin trying 10 different business models.
Maybe in the beginning, you want to find out what works
but then once you find the ones that are working
for you, for me, it's too that I'm going to explain.
That's where you wanna put your effort into
because that's where you're going to get
the biggest return on your time invested.
Now, with that being said,
those two businesses models for me are print on demand
and affiliate marketing.
Since I have found out
that those two business models are really good.
I've been putting all of my effort into those
for the last couple of years now.
Now with that being said, briefly want to take a minute just
to break down what both of these business models are
for anyone who may be new to this space.
Print on demand you can do from anywhere in the world
and essentially you as a seller,
just create a free account on multiple print
on demand websites and they are essentially marketplaces.
You as the seller create designs
that can be sold on t-shirts on mugs, on hoodies
and you upload them to these websites.
These websites then create a virtual listing
of that product, it's not actual inventory,
it's not printed yet, it's just a virtual.
If someone were to order this, it would look like this.
And it creates that virtual listing and lists it
in the website's marketplace.
Now, these couple of websites you'll see me talk
about throughout this channel, they get millions
of views per month.
These are all people going through their marketplace
and looking for items to buy.
Now, once someone comes across your design
and they like it on a t-shirt or a hoodie or a mug,
they can then choose the color of the item it's printed on
and the size that they want to buy
and they can make the purchase right on that website.
Now that website, they print on demand site will take order,
collect the money and they will actually print
the item exactly as the customer ordered it
and ship it out to them.
Now, once that has happened, the customer has ordered
the shirt and the website has shipped the item,
the website then puts our split of the profit
into our account.
That's where the funds build up and that profit is ours.
So depending on what print on demand website it is,
it may automatically pay out
to your bank account every month
or it might be there available for whenever
you want to pay out.
Now, what's cool about this, as a seller,
we do not have to do anything
other than upload the designs.
The print on demand websites will do the printing,
they will do the shipping,
they handle customer service and everything.
So in a nutshell, that is what print on demand is
and just know that you do not have to be a graphic designer
to do this, there are graphic design tools out there
that have t-shirt templates and you basically just have
to input your ideas into them
and then you can download those templates and upload them
to the print on demand sites.
The other really big distinction about print on demand
is just know that you do not have to purchase the inventory,
you do not have to print the items or ship them.
There are no costs associated with print on demand,
it's completely free to upload your designs
and then once someone purchases an item,
you just essentially wait until you get your profit
when that item ships.
So that is print on demand, that's the first business model
that I really like and I focus on to date.
The second one is affiliate marketing.
To break down what affiliate marketing is,
it's basically referrals.
However, I wanna be very clear
that we're all on the same page.
That affiliate marketing is very different
than network marketing or multilevel marketing.
The big distinction between the two of these
is that affiliate marketing is just a onetime referral.
You recommended someone to a product
and the company who sells that product,
it gives you a commission for recommending someone.
Over on network marketing or multilevel marketing,
it's based on a pyramid structure
so you refer people and then you get paid
when they refer people, that's something
that I don't stand behind.
Now, with that being said,
coming back to affiliate marketing,
to give you a real life example of this,
this has actually been happening
for hundreds of years in daily life.
It's just recently that affiliate marketing
has come to online business.
To give you an example of what I mean,
think about it this way.
Somebody asks you, hey, who is your realtor?
Do you have a recommendation for a real estate agent?
Well, you recommend them to the realtor
that you've worked with and had a great experience with
and then they go contact that realtor
and they end up selling their house with the realtor.
In exchange, the realtor may give you a gift card
or a thank you note.
That thank you note and that gift card
is your affiliate commission,
that's an affiliate marketing relationship.
It's basically you refer someone to someone
that you trust, you've used before and you know is good
and will satisfy the need that they're looking for
and then that person that you refer them to gives
you a thank you, whether that thank you comes
in a monetary compensation or a discount
on their products, that is your affiliate commission.
So the way that I personally do affiliate marketing
is with what's called niche specific
affiliate marketing websites.
I know that is a mouthful but essentially
what a niche specific affiliate marketing website is,
is a website all about a specific topic.
Essentially, I will create a website
about a specific topic and fill it
with helpful blog articles.
I give people the solution that they're looking for
and also give them my recommendation on the products
or companies out there that provide that solution.
The ones that I have used and I can fully trust
and stand behind.
When someone goes to Google search
and they're looking for an answer on a specific topic
that I've written about, my website will show up
because Google knows it's about that specific topic.
What happens is the person then goes from Google
to my website, reads the article
and gets all the information and the solution they need.
And then they can choose to use my affiliate link
to go purchase the product from the company
as a thank you for me putting together,
the content that gave them the solution so easily.
As you can see, it all comes from full circle
and it costs them nothing extra to thank you
by using your affiliate link.
So with all that being said,
staying in this first section of how I make money online,
these are the two business models that I fully stand behind
and I trust and I've been using for years.
Neither of these business models are scams.
And the cool thing is both of them you can do
from anywhere in the world.
So if you are located on the other side
of the world than me, you can still be doing
the same business models that I am doing.
So as I mentioned before, the two of these business models
make up over 80% of my total income,
the other 20% of the income, I will talk
about a little bit later once we get
into the YouTube channel and other things.
So stick around if you're curious
about that however, now I'd like to move
into the second part of this video that goes over
why I choose to do these two business models compared
to all the other ones out there.
So as I mentioned in the first section,
it feels like I've tried every other business model
out there, with that being said,
I think I know how you feel,
there are so many different business models out there
and there are so many promises from people
on how quickly you can we'll make money
and how much money you can make.
So the reason that I chose to over the years boil it down
to just print on demand and affiliate marketing
is for a few reasons, mostly because they
are business models that you can scale as yourself.
You don't need to hire a bunch of employees just
to manage the business and that leads
into the second reason which is they are extremely passive.
Now when I say passive, I truly mean passive.
I've seen a lot of people and gotten comments unfortunately,
I've people saying that print on demand
and affiliate marketing are not passive income.
They're saying that if you are working on them every day
then that means that it's not passive income.
Passive income means you put in the work
and then you completely stop and you continue
to make money long into the future.
Well, the truth of the matter is that print on demand
and affiliate marketing are both truly passive income, 100%.
The reason that you may see me continuing
to work on print on demand or affiliate marketing
is because I'm continuing to grow my business.
I've learned over the years
that these two businesses truly work.
So it's in my best interest to continue growing them,
that's why I continue to work on my businesses
and it doesn't appear to be passive income.
Now, with that being said in the beginning of your journey
as you are getting into print on demand
and affiliate marketing,
you will have to put a lot of active work into this,
it's not going to be passive income right off the bat.
It may take a month or six months
until you get all of the work done
where you can stop and then watch
the passive income come through.
It comes down to how big of a foundation
and how big of a business you have put the work into.
That's going to determine how much passive income
you're going to get longterm.
Now with that being said somewhere in the last two years,
I had built up my print on demand
and affiliate marketing businesses,
big enough to where it was plenty of income
and I didn't have to worry about any financial burdens.
Now with that happening,
I chose to just go with the passive income.
I didn't work on them at all.
In fact, I spent almost an entire month
and I've told this before but I spent almost an entire month
at the beach every day, just going to the beach
and hanging out and living what I thought
was the ultimate life and don't get me wrong,
the beaches, absolutely amazing and not worrying
or stressing about anything.
And knowing that you have income coming in every single day
is probably the ultimate life.
However, to me being an entrepreneur,
I needed to find something that kept my brain going
and most importantly kept me fulfilled.
So this is what led me to create the YouTube channel
but I don't want to jump into that quite yet.
First, I wanna talk about you guys in this situation.
As you're starting out with print on demand
and affiliate marketing, the two online business models
that I can definitely recommend.
Yes, I can confidently say that they will achieve
the financial security for you.
They will make money for you long into the future.
However, with that being said from experience,
I know it's going to be hard to try
to put this into practice
but when you are starting out with print on demand
and affiliate marketing,
try not to focus on the income.
When you're just starting in the beginning,
it's going to take a lot of hard work.
And I don't want to just jump over that,
these business models take a lot of work.
However, if you have the right tools
and you are doing the right strategy, they absolutely work.
So if you want a safe online business
that you can grow by yourself,
that doesn't have risks with it
and the success of the business ultimately comes down
to how much work you put in.
Then these businesses are great for you.
Please, with all of my might,
I just want you to stay away
from the get rich quick promises
and the super expensive courses
that teach you things that you don't need to know
to make money online.
Now, coming back one step here,
I just want to get back
into the financial aspect of this.
Print on demand and affiliate marketing
will make you money longterm into the future.
They will get rid of the financial stress for you
and allow you to be financially independent.
Now, this is where it's really cool
and this was the turning point in my own life thus far
is that once you are financially independent,
hopefully from print on demand and affiliate marketing
that is when you can start to figure out
what truly fulfills you
then you can start working on your passion projects
then you can start doing the things
that really engage you during the day.
This is what brings us into the next chapter
of this video on the YouTube channel.
So with all of that being said,
now it's time to explain what this YouTube channel is,
why I've made it and what it's all about.
So looking back just about two years on my own life
and you guys will get to the same point too.
I had built up print on demand
and I had built up affiliate marketing
to be a very comfortable income that was 100% passive.
So I had stopped working on these two businesses all day
and that's where it gave me the time
to really think about what I enjoyed
and what gave me fulfillment.
Now throughout my course of making money online,
there have absolutely been people
that have asked for advice, how did you do this?
How do you do that?
How do you get to that income level?
And I'm always happy to help.
And this is kind of where I've noticed the trend
that I like to share the information that I have learned
because it's caused such an aha moment for me.
And that feels so great in your life when you have that,
I've always wanted to share that with other people.
So with that being said, that's when I started making some
of these educational tutorial videos
on how to do what I had done in my businesses
over the last few years.
And I started uploading them here on YouTube.
At the time of making this video, it's only been
about a year and a half
since I really started uploading videos on this channel
but the moral of the story that I want to get across
to you guys, as once I started putting together
these educational videos of things
that I have personally learned over the years,
the response from you guys in the comments
and the thumbs up on these videos has been over the top
and more than anything I ever anticipated from it.
Because of this, it made me want to make more videos
for you guys And as this started to snowball
on this channel, you guys have filled the comments
with great questions for future videos
and other things that were really quirky,
things that I learned along my journey
that you can't find anywhere on the internet
and turn those into videos to help you guys,
this feeling that these videos are truly helping you guys
and that you're getting valuable information
that you can't really find anywhere else
in these videos, makes it my goal to put out more videos
for you guys.
Do you know the feeling when at work or your friends
or your family when you help someone out
and they give you a genuine thank you.
And you know that they really appreciated the help.
Well, that feeling that you can feel
is what I feel from this YouTube channel.
When you guys take the time to leave a comment
and share your experience on how
that video answered a question for you
and led you to get sales on print on demand
or affiliate marketing, that's the feeling that fulfills me.
That is the ultimate reason that I continue
to make these videos for you guys
So as I've always said it in the other videos,
thank you so much for all of you guys
who take the time to show appreciation for these videos.
I know we're well over a 100 video tutorials
in on this YouTube channel and there is no end in sight.
So plan on seeing a lot more videos on this channel.
So with all that being said,
that is the reason that I love making YouTube videos
for you guys and talking to you guys in the comments
But I know there is a big question out there
about YouTube monetization
and if I make money from these YouTube videos
and that's where I want to bring back in the other 20%
of my income that I mentioned earlier in this video.
So yes, although it was not the intention
of this YouTube channel, the YouTube channel
has gotten monetized and that's why you see advertisements
on these videos.
These advertisements do in turn build up profit
on my YouTube channel.
So I actually do get paid from YouTube
but just so you guys do rest assured
it's not the drive for these videos.
It only accounts for roughly about 10% of my total income.
To put things in perspective,
if you were to truly break down how many hours
it has taken for me to put together
all of these videos divided by how much money
I have made from YouTube,
it would have to be something less than a dollar
or less than 50 cents per hour.
So I hope you know, that that is not the drive
for these YouTube videos.
Now with YouTube accounting for about 10% of my income,
that brings the 80% and the 10% to 90% total.
So you may be asking, what is the other 10% of my income?
And that is online educational courses.
So I was creating educational courses
and selling them on YouTube and Skillshare
and all of those account for about another 10% of my income.
Again, this is nothing major
and it's not something that I focus on
but this teacher personality and being able to share
the things that I've learned and can't easily find
on the internet, it's just something that I enjoy doing.
And again, in those courses, seeing the reviews
from people saying how it helped them in their life,
I really do appreciate that.
So it's not about them money,
it's more about being able to help people
and reading their responses is that they share with me
on how it has helped them.
So guys, that is the three sections of this video,
how I make money online,
why I choose to do it that way
and what this YouTube channel is all about.
I hope this has enlightened you a little bit
and I know this was not really an educational style video
like the usual tutorials but I hope you guys enjoyed this.
If you did enjoy this style of video,
just let me know down in the comments
and maybe I can make more videos like this
for you in the future.
If you stuck around this long in the video,
thank you guys so much.
You guys are the true fans so thank you so much.
Say hi to me down in the comments,
I'd love to talk to you
and if you enjoyed it as always,
feel free to leave a thumbs up.
I will be seeing you guys all in the next video.