Can you imagine a life where you no longer depend on a single source of income,
where you're not stuck in a 9 to 5?
Instead, you have a money
machine that pays you again and again and generates consistent revenue.
And the best part is you only need to do the work once
and then you get paid for months and years to come.
Hey, welcome back to The Channel.
Today we talk about five passive income streams
that you can create for yourself in 30 days or less, and that can pay you
for a long time from now on.
And the best part is some of them require zero investment.
So stay tuned.
All right.
So the first one that I want to talk about are crypto bots.
And this is an investment strategy and a passive income strategy
that my husband and I have been using that our business partner
has been using, many of our friends and family have been using.
And I want to create the distinction before I go into the details
that crypto bots have nothing to do with crypto mining.
What crypto bots are is essentially you being able to leverage a technology,
let's call it an algorithm, because that's what it is that allows you
to play on the crypto coin volatility.
So if you are even a little bit familiar with the crypto space,
then you know that the price, the value of coins varies a lot.
You never know when you go into crypto
whether you're going to win or lose because the price varies so much.
There are many platforms that allow this and if you're interested, let me know
in the comments below and I can come back and talk a lot more about this topic.
So what this technology does, you go on
one of these platforms and you will create a coin pair.
So basically you will invest a coin that you already have
and you will pair it with another one.
And based on that pair, the algorithm will buy low,
sell high, sometimes hundreds of times in a day,
and then you will make profit based on that volatility.
So this allows people to make 5 to 15% per month and sometimes
even more depending on the risk profile you have and depending on
how much you're feeling comfortable to lose at the end of the day.
So I've seen people making 60%, 70%, 100% in a year on their investment
and the cool part about this is that you don't have a minimum investment required.
Of course, the more you can invest, the larger the profit probability,
but not necessarily so you can start even with $100 if you have it.
And I promise you, if you learn how to do that the right way
and there are trainings out there that will teach you how to do that,
then you will be able to truly take advantage of this option as well.
The second one that I want to mention today is starting a YouTube channel,
and that is because looking at myself, I see that every single video
that I put out becomes almost as an asset because it
generates income over time for long periods of time.
I have videos that get views today, even two years after I posted them.
So there is a lot of potential in generating passive income
with a YouTube channel.
Now obviously you do need to put in the effort
of creating video after video, but if that's something that you enjoy doing
and if it's something that allows you to harness your creativity
or if you have ideas for viral videos, then absolutely consider
starting a YouTube channel.
Now, obviously, monetization
might take slightly longer than 30 days, but it's not impossible.
And I've seen it with many channels that get monetized in 30 days or less.
And what you need in order to get monetized is to have a minimum
of 1000 subscribers and to get a minimum of 4000 watch hours.
And once you hit these milestones, you will become a YouTube partner
and YouTube will pay you for every thousand views that your videos get,
because this way they get an opportunity to show ads on your videos.
So this is called your R.P.M.
and you will get paid depending on the niche you're part of.
So take my channel for example.
A regular video for me will make somewhere between six, seven,
probably $8 per thousand views.
If I'm lucky, there are the odd videos
that will make ten, maybe $11 per thousand views.
But in general, for me and for the audience that tends to watch my videos
and in this niche of career and making money online,
this is, let's say, the average R.P.M., but there are niches that get paid
a lot less and niches that get paid significantly more.
As I've seen in the beauty space and the vlogging space,
you might get paid a little bit less, maybe
three, four, $5 per thousand views.
And then if you are more in the finance niche or in the crypto niche,
then you can easily make 15,
maybe sometimes $20 per thousand beats.
While this might not sound like a lot of money,
once your videos start getting traction and you're starting to get ten,
20, 30,000 views for a single video,
and then you create so many videos that they start getting compounded.
So you will then start cashing in tens,
hundreds or sometimes thousands of dollars
every single month for all those videos that you put out.
So consider this as well. Okay.
So before we move to the next three, which are all examples of passive
income streams you can create with zero investment,
I want to clarify something that I think is very important for the other two.
You need some investment, but not a whole lot.
So obviously for the crypto bots you do need some money
because that's the only way you can create the coin pairs.
But for starting a YouTube channel, you don't need to rush
into making a lot of investment and spending a ton of money.
And I hear this a lot.
People tell me, Oh, I'm really postponing starting a YouTube channel
because I don't feel comfortable investing in a new camera
or in a new set of equipment and lights and microphone
or hiring a video editor or hiring other people.
Well, you don't need to do that.
That's the truth. You can start by yourself.
You can see if that's for you or not.
Because many times I see people investing in camera and a bunch of gear,
and then after creating ten videos, they realize that's not for them.
Start with what you have. Start with your webcam.
If that's the only one you have, or maybe buy a webcam
that is a little bit better than the one that's integrated in your computer.
If you use a laptop, which I think everybody does nowadays
and then see how that works.
Now let's move to the idea number three that I want to share with you today,
and that is creating and selling digital products or templates on platform
like Etsy.
And if you've been on my channel before, you've heard me talk about Etsy.
I love them both to buy and to sell.
I've been using them for a long time and I can tell you hand on my heart,
that is one of the easiest ways you can make money.
And I've actually done that as a project.
I actually am an avid motion user, so I wanted to create a test
and I started selling a notion template that I use for myself and I simply took
that uploaded to Etsy and I've made sales without literally doing anything.
And I know that if I ever want to make that into a business
and a side hustle or any of that sorts,
I know and I can do it and you can do so.
I want to share my screen and show you a few examples, a few ideas, maybe sparks
some creativity of what kind of template you can create and what you can sell.
As you see here, literally the sky is the limit.
People are selling resumé templates and bookkeeping
templates created in Google sheets, and this looks like a remarkable template.
Instagram Templates Other Resumé Templates, Invoice Templates, Monthly
Budgets in Excel Shopify Themed Templates, Business Plans in PowerPoint.
You can create bundles for CVS
and other type of social media.
You can create real estate all in one template.
You can create so many different kinds
of content and templates from PowerPoint and Excel
to social media and resumes and everything in between.
Now, example number four I have for you today is Amazon,
KDP and KDP stands for Kindle Direct Publishing.
So essentially what this means is that you can publish and sell
a digital book with Amazon by taking advantage of their platform.
Now, the beautiful part about this is that you
don't actually have to write a book because nowadays it is very, very popular
to sell low content books on Amazon.
So low content books are essentially any kind of books that you sell empty
and that need to be filled in journals and notebooks to to do lists
and bullet journals and everything in between.
So all you need to do is simply create
a simple digital format, oftentimes is just designing one page.
And you can do that with Canva very easily,
and then you can replicate that page again and again.
5100 200 times, depending on how big
you want your low content book to be.
Now, if you want more details about this, I have created a very
in-depth walkthrough video where I show you everything you need
to know about Amazon PDB.
So I'm going to make sure to link it down below and put a note card here somewhere.
So you can go ahead and watch that one as soon as this video is over.
All right, you guys, the fifth idea that I have for you is print on demand.
And this is another great one because it requires zero investment.
So what you need to do is come up with a design.
And I know you can do that
because I know you're creative and you can very easily do that in Canva.
Okay.
So you come up with a design that will then be applied on to things like t
shirts and bags and notebooks and water bottles and everything in between.
But you don't need to do that yourself.
That's the beauty of it.
What you do is you go on platforms like Redbubble
or print Defi or print full or merch by Amazon or many others.
There are tons of this kind of platforms.
You upload the design
and you create a listing on how that design looks like on a T-shirt.
For example, once you create the listing, then that product becomes available
for sale.
And once somebody orders that product that you listed, then Amazon, for example,
will actually print your design on a T-shirt,
will package it up nicely, and will send it to the person who ordered it.
So you don't need to have any inventory.
You don't need to buy anything at the beginning.
You need to make zero investment
and you will get paid by Amazon if that's the platform you choose or buy.
Redbubble a portion of the price they charged on the T-shirt to begin with.
So you literally can start making money with no investment.
All right, you guys, that was it for today.
Thank you so, so much for watching.
Let me know in the comments down below
which one of these five you're going to start in the next 30 days.
I would love to hear more from you.
And in the meantime, please go ahead and watch this video over here
where I share with you lots of ideas how you can make money with Powerpoint.
Thank you again for watching and I'll see you next time. Bye.