How would you like to make a bunch of money while you're either traveling the
world sleeping hanging out more with your family or friends really just doing
the things you want to do well in the last two years I've made over $400,000
doing exactly that and in this video I'm gonna show you exactly how you can take
five different ways of earning what's called passive income in 2019 and build
those businesses to where you can be doing the same thing so stay tuned for
this video here we go Alright, welcome back everybody my name is Jordan Steen also
known as Cereal Entrepreneur and at this channel we talk all about starting a
marketing agency building a personal brand really just building any kind of
online business so if you're interested and any of those topics are building a
passive income then make sure you hit that subscribe button and the
notification belt in the bottom right hand corner so you get updates to all of
our future videos our future trainings templates documents everything that we
give away here at Cereal Entrepreneur now a lot of you are probably on this
video because you're looking for ways to expand your income you're wanting to get
out of that nine-to-five job and having to commit your time to make money
because we all know time is money and the less time you have to commit to
actually doing the money-making part the better right and so let's talk about
five different money-making opportunities these are not scams these
are legitimate businesses there's tons of people I've met so many people making
hundreds of thousands millions of dollars in each one of these five
different categories and I want to show you guys why too many people are too
skeptical about this and why it makes it a goldmine for people like you and I oh
and make sure to stay tuned to the end of this video where I'll teach you how
to build your YouTube channel in 2019 and guys seriously this is a goldmine
why because there's tons of people creating YouTube channels but not enough
marketers in all of the different niches out there on YouTube so basically learn
how to market on YouTube learn any type of passion or skill that you might have
and become an expert in it create a channel and you have a six-figure
business right there in the making so stay tuned to the end will show you how
to do that now the focus of passive income is freeing up your time that's
the word passive the operative word there being passive basically meaning
that you're not actually putting in effort and you're still generating
revenue right I love going on vacation and traveling to places or going and
hanging out with friends and I'll look down at my phone and see a notification
for a $500 sale or a $30 affiliate commission or just all kinds of things
coming in now because we've taken the time over the last two years to start
generating all of these streams of passive income and so that's what I want
to show you guys what is available what's possible in 2019 and beyond for
you guys looking to do the exact same thing now I want you guys to keep in
mind just because these are passive income building opportunities doesn't
mean it's not gonna take some time and some work and some effort on your end to
make this come to fruition now the cool thing is the cost to entry the barrier
to entry meaning how much it's gonna cost you to get one of these started is
very very very very little compared to things like even a restaurant which
costs tens and tens of thousands of dollars you can start one of these
businesses with a thousand to two thousand maybe three thousand dollars if
you want to spend more on education and maybe some software to help you get
things going and even start building a small team so that's the thing guys you
can take a small amount of money in time and turn it into a massive income stream
that's generating six figures or more for you every single year but it does
take time it takes commitment and most importantly guys it takes the dedication
to the education that's number three the education to digital marketing to
building an online business to building a business in general selling you know
all of that is super important to understand so it takes time but if
you're willing to commit I have a student who came in and now a year and a
half two years later she's making over seventy five thousand dollars per month
with her agency I have students who started personal brands who are now
making three thousand to five thousand dollars per month doing something just
like this so all you have to do is pay attention we'll teach you all the steps
that you're gonna want to know and all the things you're going to want to know
about these opportunities alright guys so a YouTube channel can be a great way
to monetize your brand and to really make some money passively
online and the reason why is because YouTube has several ways that you can
actually make some money and one of those being your YouTube ads so if I go
to my channel I'll show you guys really quickly what that looks like and
essentially YouTube they have people coming to YouTube to search
for videos right but YouTube's not the one creating the videos we are and so
what YouTube does is they've worked out a deal where if you create videos that
people want to watch and they can place ads on those videos well then they'll
pay you for placing those ads on those videos and so that's what we've done so
if we click on one of my videos you'll see that there's an ad that comes up
beforehand and so we're making a little bit of money every time one of these
videos shows and since we're showing about I think it's 80,000 to 90,000
videos per month we're making you know a decent amount of money it's not a ton
it's about seven hundred to a thousand dollars per month for our videos so it's
not a ton but it is an extra stream of revenue and that's why we particularly
don't rely only on YouTube and the ad revenue from that so there's other ways
that you can make money off of youtube way number two would be affiliate
marketing so if you come down here you can actually see here's all the tools
and equipment that we use to build our channel and so people always want to
know well Jordan I'm wanting to start a YouTube channel what cameras or
lighting or mics or backgrounds should I use like this background behind me or
the mic I'm using camera I'm using right now well all of that we include right
here and we have an affiliate account with Amazon so if anybody goes to Amazon
and purchases any of these products we make an affiliate Commission so we make
money every time those products are sold now the third way you can make money
would be an affiliate or a sponsorship style of promotion and we get these
offers all the time but it's just not something I'm super interested in doing
myself although there are tons of other channels that do really well with this
for example the toy channels or video games this is where essentially they
will partner a brand will partner with a channel like yourself and have you give
your opinion or some information or do a walkthrough or a tutorial on that
specific product and so for example let's just say HootSuite could come to
me and say Jordan we'd like to do a partnership with you we'll pay you and
we just want you to create a video on how to use HootSuite with a marketing
agency and that's what they could pay me to do so there are tons of channels out
there making tens of thousands hundreds of thousands of dollars per month just
doing partnerships with other brands and now the fourth and final way to make
money with YouTube and definitely my favorite way I'm sure you guys already
are aware if you have been on my before if not then you definitely need
to look into the online education market and that's right here this little link
we include a link to our website and at this site we sell marketing related
courses we teach you how to start a social media marketing agency we have a
mentorship program we teach how to start your own personal brand or your own blog
where you can make money that way and we also have something on Facebook
marketing and ads and in the future we plan to add even more courses to our
platform and basically you can do an online course or platform for any niche
or industry guys this is what people are missing out on this is where the
goldmine comes in because there are all kinds of people out there wanting to
know how to do specific things or how to get better at their career or how to
play a video game better or just even listen to music and you can go and
create an online course teaching people how to do all of these things right you
can teach someone how to build wooden tables and create a course that teaches
people basically carpentry and that would be a course that you could sell to
people guys the online course market is booming and when I say booming I mean it
is tripling and then quadrupling in size just in the next two to three years and
it's already a billion dollar multi multi-billion dollar market okay so
you're not by not getting in on this you're really just missing out on one of
the next online gold brushes so I recommend looking into your skills your
profession your interests or your hobbies and saying what could i
potentially do that people would listen to me about and then you create a
channel about it and direct that traffic to some sort of online education
platform now guys the key here is to create a really great course people are
aware of what a crappy course is and as soon as people get in and go through it
if they find out that it's not what they paid for and it isn't very well put
together really they're gonna let everybody else know so the key here is
to put a great quality course together and that's why we've done such a great
job because we really went through from a beginner level all the way up to
expert level and said what do these people want to know and put it all in
one place so that's just an option for you guys now if you guys want to learn
more about how to get more views and how to rank your videos because that's super
important when starting your channel and getting your videos out there so that
way you can join the partner program with YouTube then check out this video
in the top right hand corner I promise you you're gonna want to watch this
video now another way to start making money online
Truly goes well with that first one that we're talking about with the
YouTube channel what complements it really well is to also start a blog so
you can see we have a blog right over here on our website as well and this
blog includes links to some of our affiliate products so we're getting
affiliate marketing done if you get enough traffic to your site say you're a
media site or something like that you can also place ads on your site using
Google Adsense and those are those ads you see in the
corners and bottom sides of web sites right you can add those to your sites if
you're getting enough traffic and generate revenue that way you can also
do sponsorships just like with vlogging which we previously talked about in the
first idea you can do the exact same things here and start to make revenue
that way you can even build an online course and drive all of that blog
traffic to online courses or software-as-a-service programs there's
so many things that you can sell just from creating a blog the key guys to
creating the blog and to monetizing it is understanding that you have to find a
niche that people want information about and then you have to create quality
content if you're going to run traffic to a blog to generate sales that blog
needs to kick every other blog in your industries but it needs to be well put
together it needs to have creative elements it needs to have really great
written copy it needs to have a really strong linking structure so that way
you're pushing people through to other articles that you've already written
there is a lot that goes into writing a blog so really research what you're
gonna do when it comes to your blog and understanding how a blog should be built
technically not just the content itself so if you guys are on here right now and
watching this video and you've already started a blog before what are you doing
to generate revenue for your blog I'd be curious to know what method you use to
generate some income so leave that in a comment below this video now number
three would be to start a podcast and similarly to the vlog or to the blog a
podcast can make money in the exact same ways by putting ads on their podcasts by
doing sponsorships or partnerships with other brands by promoting other courses
by doing affiliate marketing right and again I just wanted to put this option
out here because people see them all is you know one thing but they're all three
separate things they do the exact same thing and they generate revenue the same
way but they ultimately have a different style right blog is reading vlog as
video podcast mostly most of the time just audio right
and so and not all the time sometimes people call a YouTube channel a podcast
really in my opinion that's a vlog and a podcast would be something where it's
only audio either way if you want to start a podcast all you have to do is
get on something like iTunes or Spotify or SoundCloud and start uploading your
content there that people will actually want to listen to and again it's all
about the quality of your content if you're not someone that someone wants to
listen to if you don't have a good attitude and you're upbeat and wanting
to you know make people laugh and have a good time it's gonna be hard for your
podcast to stand out now if you're in something a little more technical like
accounting or just something that isn't overall the most exciting thing in the
world but you think that a podcast would be beneficial that's fine but find a way
to put a flair or add some sort of you know sharp edge to your podcast so that
way people find it a little more interesting to listen to
so the fourth way to generate some income online with your YouTube channel
or with a blog or a brand or really just to do it passively and make some money
online is to take one of your brands and build an e-commerce store or just start
a new brand and build an e-commerce store or an Amazon business and these
businesses are seriously the profit margins are ridiculous it's anywhere
from thirty to fifty percent profit margin for a lot of these businesses and
so what I want to show you is really this is what we've done we've taken our
brand Cereal Entrepreneur and we even started a entrepreneurship related
ecommerce store where we're selling clothing and apparel so you can see this
is one of our goat market or series shirts and we're gonna explain expand on
this this offering in this business further into 2019 so we're gonna start
having a designer basically we're going to hire a designer to create
entrepreneurship related t-shirt designs and then upload them to teespring and
sell these t-shirts to people in our audience and other entrepreneurs who
might have an interest and so this is going to generate another five figure
revenue stream every single month once we scale it up and have all of our
products in and ready to go and so that's the thing this this business
online business model where we're creating passive income and again you
don't even have to have a brand I do to build something like this
there's people all the time out there I know there was a guy that was selling
fortnight's shirts when fortnight first came out and was super popular he was
creating shirts on teespring with fortnight catchphrases and just funny
images and stuff like that and he was doing 10 to 20 thousand dollars per
month on one or two shirts okay and so that's the thing if you can follow
trends and create cool t-shirts around trends then you can even build a popular
store just around that also I mentioned Amazon business and we've recently
started our Amazon business we're already doing about $100 per day and I'm
super excited to show you guys about that so if you want to see more about
our automated Amazon business that we're running and how all of that kind of
works let me know and we'll create a video in the future we're trying to put
together some more information about it so that way you guys can see it and
trust it and know that we're not just you know joking around about it we want
you guys to be able to trust the information we give you so we're putting
more time into it we're doing about $100 per day so we're pretty excited for our
store and to show you guys that in the future now I mentioned this previously
but number five is starting an online course or an online program and I
mentioned it because we talked about YouTube and how you would generate
revenue from YouTube the cool thing is you don't have to have a YouTube channel
to build an online course you can even have your online course and do all of
your marketing through Facebook and Instagram if you'd like that's perfectly
fine but you do need a way to actually
generate revenue online and that's what this episode is about passive income
streams so again if you want to create an online course I wake up every morning
now and we have a sale from the previous night for another five hundred dollars I
literally wake up from sleeping and have another five hundred dollars sitting in
my account not necessarily that day but we do get paid out every two to three
days from our online course provider and so that's the thing you guys you have to
understand that if you have a passion or skill set or something that you're super
super interested in that's all you have to do is take that information write it
down into documents record it onto video put it into a platform and let people
know that it exists over and over and over again but then eventually after
time and after putting in a lot of hard work that course will turn into
something where you have a massive community where now we have over 750
students in all of our courses so that's the thing guys this is
something you can do too but it does take the time and commitment so you do
have to learn a little bit about digital marketing but really once you know that
then you can build any of these businesses and that's what's really cool
finally number six and this one isn't as passive upfront but later on down the
road it is much more passive would be a marketing agency and what this is is
basically just a business like mine that goes out and finds other businesses who
don't know anything about digital marketing and you run their marketing
campaigns for them now again this does require your work upfront but in our
program we teach you how to build your team we have a team of over 20 people
now and we teach you how to build your team and build your agency to where you
don't have to be in the trenches every day doing all the work and you can go
travel and literally work from anywhere building your agency running other
businesses marketing campaigns which by the way if you're looking to start your
own marketing agency then check out this video in the top right hand corner where
we've put together a video on how to start your agency in 2019 but that's it
guys those are six really super lucrative ways to build a business
online and build passive income so that way you're not spending all of your time
working and you can spend a lot more of your time doing the things you want to
do now I know what a question a lot of you are gonna have is well Jordan we see
you working all the time that's because I'm 27 guys and I've only been doing
this for two years and I've already made over $400,000 but give me five more
years by the time I'm 32 years old I will be able to retire if I want and
probably before that but I'm choosing to build something up until the point where
I'm about 32 years old and so that's the thing how many people do you really know
can say that they could retire at 32 not to many but I know that if I continue on
the path that I'm going that I will be able to when a lot of you can take
advantage of this same opportunity and so that's why I wanted to put this video
together for you all you have to do is learn digital marketing that's the key
with all six of these opportunities that I'm talking to you about you have to
understand how digital marketing works how selling online works how building an
online business works but once you understand that there are about 25
different ways and those are ways that we haven't even discussed in this video
for you to start making more money online but since you guys stayed till
the end make sure you check out this video it's in
the bottom right below this video in the description the link at the very top
it's our video on how to start your YouTube channel in 2019 these are all
the things you're going to want to be aware of when starting your channel so
make sure you check that out because again this is one of the best ways if
you are starting a stream of passive income one of the best ways to kind of
kickstart it and let people know that you're out there and to promote it is by
creating a youtube channel or blog but specifically a youtube channel it's my
favorite and video is going to be king so check out that video if you want to
learn how but that's it for me guys I hope that you found everything that you
needed to in this video if you have any questions about any of the passive
streams of income that I mentioned in this video make sure to ask those
questions right below this video and also don't forget to subscribe and hit
that notification bell so you get all of our feature updates and free trainings
that we give away that's it for me guys I will see you on the next video until
then Cereal Entreprenur out bye guys ready to start living the six-figure work
where ever be your own boss lifestyle well at Cereal Entrepreneur Academy
we'll teach you how to use a laptop and internet to start your own social media
and digital marketing agency get started with our free Facebook Ads training
links in the description below guys see you in the course Cereal Entrepreneur out!