This business mastermind is not just another class, workshop, or networking group. It’s a high-powered think tank, a creative incubator, and an accountability squad all rolled into one. Translation? When smart, ambitious people come together with a shared goal, magic and money happens.
The beauty of passive income streams (unlike active income) -- it allows you to build multiple streams and earn money from each of them with reduced day-to-day participation.
Passive income idea number 1. The average YouTuber makes $4,616 per month. Creators usually snag 55% of the cash flowing into their channels, so for every $100 an advertiser drops, Google slides $55 into the creator's pocket. Now, for each view, the average YouTuber pulls in roughly $0.018 – that's 18 bucks for every 1,000 views. Nice, huh?
Passive income idea number 2. You can also translate your knowledge into a steady stream of passive income! If you're a course creator, you could be pocketing anywhere from $1k to $10k each month depending on the platform you choose to host your course. For example: if Udemy is driving traffic to your courses through their marketing/promotion events, then you receive 37% of the sale and if the customer comes to you from your promotional efforts, you get 97% of the sale.
Passive income idea number 3. So, with the Amazon, your earnings can swing anywhere from a $100 per month to a whopping $20,000 per month – all depending on how many folks you send Amazon's way. It's a commission gig – you score a percentage of the sale. The catch? Well, not really a catch, but the percentage varies. It can be as low as 3% or shoot up to a sweet 20% per product, depending on the product category.
Passive income idea number 4. You can turn your words and design skills into passive income. Your everyday wordsmith on KDP is pulling in about $150 a month, but those at the top of their game? Well, they're clocking in at a cool $20,000 per month or even more.
Passive income idea number 5. In that first blogging year, you could be looking at a sweet $500 to $2,000 every month. Now, if your blog is a traffic magnet, we're talking a potential goldmine of $50,000 or more each month. Here's the scoop: aim for around 10,000 page views a month before diving into brand collaborations, ads, and affiliate deals.
Passive income idea number 6. Membership sites are an excellent method to generate consistent passive income. How much can you earn from a membership site? Typical subscriptions range from $20 and up. If you decide to charge $20 per month, to receive $1000 a month in passive income, you’d need 50 paying members to reach your revenue goal.
Passive income idea number 7. Print on demand is a simple business model where third-party services handle printing to shipping. It's budget-friendly and inventory-free. Products are custom printed and shipped with your brand after a customer orders from your online store. Even 100 orders per month can translate into several hundred dollars of income, depending on how much profit you make on each item. With that said, making $3,000 or more per month is definitely achievable.
Passive income idea number 8. Experience the ideal scenario in Airbnb renting: As an Airbnb host, you have the potential to earn $2,000 or more each month. Imagine living comfortably on the top floor of your home while renting out rooms on the bottom floor, ensuring full privacy for both you and your guests. This setup allows you to enjoy your home to the fullest and even live mortgage payment-free, creating a lucrative source of passive income.
Passive income idea number 9. To generate $5,000 per month in dividends from the stock market, you would generally need a portfolio with an approximate value of $1 million invested in index funds. This calculation is based on an average dividend yield of 5%, as dividends are typically a percentage of the stock's value paid out regularly to investors. Keep in mind that stock prices and dividend yields can fluctuate. This is a long term game.
This isn’t a “get rich quick” scheme that promises the moon but delivers nothing.
You’ll need to put in some initial work to get things rolling, but here’s where it gets exciting.
Thanks to some amazing AI tools, you can now cut down the time it takes to set up your passive income streams.
Whether you're diving into YouTube series, crafting online courses, writing books, or launching digital products, these tools make the process smoother and faster than ever. 🚀
On Tuesdays, you'll explore the easiest passive income ideas, sources, understand market demand and competition, and evaluate the profit potential of various income streams so you can choose the most profitable income stream.
On Wednesdays, you’ll roll your sleeves up and build your first passive income stream. Whether it's an online course, an e-commerce venture, or an affiliate marketing platform, these sessions provide the practical know-how and guidance you need to get it built.
On Thursdays, you shift your focus to marketing strategies, customer acquisition, and the all-important automation process. You’ll learn how to scale your income stream, automate tasks, and reduce your hands-on involvement, ensuring a passive income.
IMPORTANT TO NOTE:
Each
class is dedicated to a different stage of your passive income journey.
You
only
need to attend one class during the week, based on what you need support in.
We’ll brainstorm what fits into your life. Do you love writing? Maybe a blog or an eBook is the way to go. Are you into creating content? A YouTube channel might be the perfect fit.
Click here to preview this lesson. Validate your passive income ideas – all in just 2 minutes! 🕒
Click here to preview this lesson. You can get paid from YouTube in 5 ways for example.
You'll learn to stop thinking in terms of “work more, earn more” and start focusing on how to “work smarter, earn in multiple ways.
There’s nothing quite like the feeling of that first passive income paycheck. It’s a moment that shows you that this is real and possible for you.
Once the money starts flowing, it’s important to stay organized with the accounting, make sure you’ve got the legal side sorted, and handle taxes without stress.
It took me two decades of trial and error, and a whole lot of hustle to figure it out. Real freedom isn't just about job security or the relentless grind of entrepreneurship. It's about adopting the mindset and actions of an investor.
My passive income successes so far:
$34K/year
$2400 - $2800 / month
$420/month and growing