10 Passive Income Ideas | How I make $20k per week
ฝัง
- เผยแพร่เมื่อ 13 พ.ค. 2024
- These are 10 passive income ideas for beginners. If you want to start investing or create a new passive income stream in 2024 this is how I make $20k per week with passive income.
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TIMESTAMPS:
00:00 - 00:16- Intro
00:17 - 01:55- What is Passive Income?
01:56 - 06:47- Tip 1
06:48 - 08:24- The BSP Model
08:25 - 12:33- Tip 2
12:34 - 18:58- Tip 3
18:59 - 25:32- Tip 4
25:33 - 25:38- Tip 5
29:39 - 33:22- Tip 6
33:23 - 36:56- Tip 7
36:57 - 38:57- Tip 8
38:58 - 40:00- Tip 9
41:01 - 44:08- Tip 10
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Mentioned Videos to review or watch:
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EverBee ⏩ everbee.io/
Aspire ⏩ www.aspire.io/
#paid ⏩ hashtagpaid.com/
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obviously ⏩ popularpays.com/
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Ready to build a thriving membership business? Check out Uscreen 👉🏻 uscreen.link/millie (also I know I misspoke and said “week” instead of “month” yall, just pretend I’m perfect and enjoy the rest of the video😂)
I would easily vote for you, if you participate in Miss Universe contest. Thanks a lot for your informative content.
That math doesn’t math lol! $59,000 a year is NOT around $5,000 a week. It’s just under $5,000 a month, 25% of what you said.
Just got here after it has been updated.Monthabd it still says that. Fix it.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
'Carol Vivian Constable’ maintains an online presence. Just make a simple search for her name online.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Is this a good time to buy stocks? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to maneuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere?
It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit.
Talking about coaching, do u consider anyone worthy of recommendations? I have about 100k to taste the water now that large cap stocks are at a discount... Thanks.
Lisa Ann Moberly, is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I curiously just checked the coach you use Lisa Ann Moberly, her résumé is topnotch, exactly what I need to stay afloat this crazy times.
What are the best additions to a $500k portfolio to boost performance? ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that ,“Santa has come early” to the markets..
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire.
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation.
ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
I would have really liked a table of contents that was more descriptive so I could use the video as a reference for later.
01:56 - Tip 1 - Affiliate Marketing
08:25 - Tip 2 -Selling Digital Products
12:34 -Tip 3 - Online courses
18:58 - Tip 4 - Memberships
25:33 - Tip 5 - Selling physical products/print on demand
29:38 - Tip 6 - Platform Monetization
33:21 - Tip 7 - User Generated Content
36:56 - Tip 8 - Brand Collaborations
38:57 - Tip 9 - Building app/software
41:00 - Tip 10 - Investing in Stocks/Shares
I agree! Thanks for posting, this is helpful!
There's an overview the first second of the vid, you must've missed it
This is a real time saver.
Thank you!
Time stamps actually help to quickly navigate. @@YesJellyfish
She definitely did that on purpose, so people would watch
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024.
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
Mrs Evelyn Burchett was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Evelyn Burchett
Woah for real? I'm so excited. Evelyn Burchett's strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
I'm new at this, please how can I reach her?"
I'm 26, $300K net worth. Been saving 50% of my salary, investing in stocks & living below my means. My goal this year is to be more serious and consistent with my investments for long term. Starting to save for a house down payment. I want to invest more this year but I'm not sure on how to mitigate risk
Time in the market beats timing the market, Its best if you buy growth/blue-chip/large caps stocks only. looking at your budget It's advisable you work with an fiduciary advisor to help set up a well-structured portfolio
The issue is most people have the "I want to do it myself mentality" but not equipped for a crash. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date
That’s impressive, please who is guiding you and how
Credit to 'Olivia Maria Lucas' will recommend you look her up, Well, she recommends about 5-9 big rising stocks every month, 3-4 every week. One of the things I have learned in my years of investing is not to completely move in or move out of investments, if you have quality assets. It is better to trim, and then hold some cash for buying opportunities
Exactly what I'm doing again this week. The smartest thing l've ever done was having 30% in cash to buy on the way down in 2021. It hurt watching 30-40% discounts drop to 50, but grabbing Google, NVDIA, Apple, and others near the bottom has paid off
I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Desiree Madison focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, with the user name.
@Madison773⭐
Great breakdown of passive income ideas, really actionable stuff! For those considering the BSP model, remember that the key is to balance the three: Brand, SEO, and Product. A strong brand attracts repeat customers, SEO ensures consistent organic traffic, and a well-chosen product secures sales. Nail this trifecta, and you're golden.
Girl you are an angel ! You broke the game down in 2.2 secs . Really appreciate you
Seriously out of anyone I’ve come across online offering “value” no one even comes close to you. I absolutely admire you and I binge watch all of your videos every day. You’re literally changing my life. There’s no one even even in the same niche of guiding content craters that I even want to waste my time energy on. You’re so thorough, you’re so organized, you’re very structured. It’s very much like myself, so it’s very easy to follow and understand and resonate with. It’s clean it’s simple it’s wholesome like seriously you need to be so proud of yourself and I wonder do you have any background and college or marketing etc.before becoming a content creator what is your background and education? Did anyone teach you or show you these things? How did you learn?
You are amazing Millie! All your videos have lot of value! Thanks for sharing that!
This is the best and most informative video on youtube. wow. Thank you!!!
LOVE how thorough you were with this video Mille! Definitely going to bookmark it and go back to the sections thst are relevant to passive income streams I would like to pursue🤗 Digital products and brand collabs/UGC are at the top of my list, especially since Im familiar with both from experience.
you are literally amazing Millie, much love & blessings !
Love, love, Love your vids and how you present! You're my inspiration!
i just discovered you a few weeks ago and have to say that your content is great. clear, concise, focused, and broken down into sections that make it easy to follow
I just listed my first digital products on our website and have already made $9 in my sleep 🤣 I was so excited when I woke up the first morning and saw that! As always, love your content, keep up the great work 🥰
That is awesome!! Can’t wait to hear how it continues to grow!! 🤗🤗
Well done!
Hey! How is your business doing now?
Your thumbnail says 20,000/month and description says /week. Also, you stated that 59k per year is 5,000/week (I’m sure you meant /month). Just thought you’d want to know. Love the videos!
That confused me too!
Oh shoots!! Gotta update the thumbnail! THANK YOU!
Thanks Adrian! Glad I found you.
Finally a clear real description THANK YOU
Fantastic video! Thanks for sharing, Millie!
This is the best description of 'passive income' I've seen! It does require a lot of work up front and so many people aren't saying that.
This is the video, for anyone looking to get into making passive income needs!!! Love that you mention what passive income really is! Love your videos in general! You are an amazing teacher btw!!
Thank you for this video👍🏽
Thank you for this video! I just watched your 12 month plan and using that framework in my 12 week year plan, as one of my Q1 goals is finally being consistent on my TH-cam.
I appreciate the detail that you share in these!
Blanca
I love that idea Blanca!! Let me know how it goes!!😊
I know, right! She shares so much, that's why I trust her content, lol.
@@restfulfaith6940 yes, my sister and I thoroughly enjoy her and now that we are finally ready to be consistent, Millie is one of our mains! ✨ can’t wait to see what you create. P.s. I love your username ❤️
This is one of the most helpful videos I’ve seen on these topics. It’s like you took all the ideas bouncing around in my head and answered all the questions I had about them and even made me laugh a few times. Well done!
Thank you for your wonderful videos. I always watch your videos, and I shared your video links with four friends of mine, I love how open minded you are about investing, I read an article of investors that made upto $500,000 within 2months from options, so please I'd really love more tips and clues on how to outperform the market and make such profit using options
I think you basically just have to research and study what kind of assets you want to Invest in.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
First of all, I’d say best of luck for your trading journey. The only advice i would give it to you since you are a beginner is to first get the thorough knowledge of trading, trade on demo account or have a professional on standby
@@MariusNatt How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@@ReidCoffman1 I usually go with registered representatives. VIVIAN JEAN WILHELM for example has the best performance history (in my opinion) and does offers 1v1 consultation to her copiers which I think is amazing. I don’t know how many traders like that are there.
Having recently sold a property in Portland, I'm contemplating investing the proceeds in stocks. While many claim it's an opportune moment, I'm uncertain: Is now truly a favorable time to enter the stock market? When can we expect a complete recovery? Moreover, I'm puzzled by how others in the same market are achieving gains exceeding $450k within months.
For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $130k in passive diversified safe-haven assets, Up 200k so far and pretty sure I'm ready for whatever comes.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
No one knows what the market will do, those who claim they know are either lying so they can take your money or genuinely delusional about being able to predict the future. Educate yourself by reading… “The Intelligent Investor” and “I Will Teach You To Be Rich” are good places to start. Learn about dollar cost averaging. Be wary of high fees, especially from actively managed funds or advisors who work on percentage. Be aware that people can have different titles that have no relation to any accreditation or if they’re actually a fiduciary (gtfo if they’re not a fiduciary). Don’t gamble on individual stocks (other than for fun) - there’s a reason why Warren Buffet wants his wife’s investments after he passes away to all be in a simple index fund.
This is the best and most informative video on TH-cam. Thank you!!!
So good!!
Thank you
Thank you!!, Whenever I am looking for an answer and want to my easy-to-understand answer, I find myself watching one of your videos!!
Greaaaaaat video!! lots of data here and very well explained!!
Best, most practical video on the subject! Thanks for the specifics like which products and companies to use to make it happen, and for links and timestamps.
I really appreciate your income transparency. My financial manager has helped me to develop a plan that is designed to fit my needs and maximise my finances. With her support and guidance, I have been able to make smart and prudent choices when it comes to my money. Thank you Mrs. Maya Payson.
It seems Maya Payson must be a highly skilled professional, given the amount of positive feedback she receives. Interestingly, she also manages the investments of one of my colleagues. I'm impressed that you are aware of her as well.
Yes she's very good, she is straightforward and one of the best so far. People who don't know her or those that haven't invested with her. would say otherwise but the honest truth is that she has helped more people than i can count and that has to stand for something.
I am extremely grateful to Maya for being a true blessing in my life. Her kindness and support will always be remembered and cherished by me.
Attending her seminars was a privilege; it kickstarted my investment journey. She's so honest.
I heard about this lady on Larry Jones channel, please how can i get in touch ?
Thank you for this video Mo✨ Friend break ups are definitely suuuper difficult and forgiving heals all! It’s not easy but we owe that to ourselves to move on from what doesn’t serves us anymore. You got this chula and to everyone going through it 💖
Cool, subscribed. Keep up the good work.
Thanks Millie. This was great. Affiliate Marketing, Digital Products, Online Courses, and Brand Collab are my interests. 😊
Thank you!! Amazing information!!
Thanks Millie. Another great video! Just FYI, timestamp 3:00, 59k a year is 5k a "month" not 5k a "week".
I know 😭 it was a typo in my script and I just read it as is without realizing 😭 #fail 🤦🏼♀️
@@MillieAdrian $5,000 a week sounds so good though. Keep it 🤣🤣🤣🤣
@@MillieAdrianLOL, I had to pause the video and bust out a calculator.....
@MillieAdrian I'm like..."hang on a minute...🤔"
@@MillieAdriancan you do a pop-up correction?
Probably the best channel on the topic. I love how the difficult parts are not being omited and I love the voices... :)
Finally someone actually explaining this busines step by step. Thank you!
super informative, loved this video. also, you're so silly. love your vibe
Normally I don't subscribe to channels like this. But I have learned a lot from this video. I love how you rate them according to the hardness level. This is gold! Big congrats with your success. Subscribed and liked it right away ✔
Hey there!! 😍 I'd love to hear more about UGC please. Thank you for this video. ❤
Thanks for this valuable and informative episode Millie keep the gems and nuggets rolling peace .
Thank you for going straight to the point
Your video is entertaining & informative. Thank you, I appreciate not getting bored listening. I like the way you create your content.
Thank you for explaining these so amazingly well! You made it super easy to have clarity about what paths to choose. I just discovered you today and I'm looking forward to learning more. Now to decide...
You are now one of my Role Models, Thank you for this video. Im going to take the class as well. I really appreciate you for making this! Apparently have been slacking on my potential. Thanks for opening my eyes. So much great info. Thank you Millie!
You have a good vibe. I'm in. 😂👍🏾
Great video. Thanks for sharing
Excellent, thank you so much. 👏
I love your sense of humour! Thank you for sharing such great ideas and valuable tips with us, Millie!
Thank you so much, Harry! I’m glad you enjoyed the video! ☺️
bo-nerrrr?
Wow thank you great info !!!
Hi millie, this is really a helpful video just what i needed to know. Thank you for this!
Finally a comprehensive presentation of the opportunities in the digital world! Thank you so much!!
Thank you 🙏🏾 for ALL this information ❤ I’m a new Subbie ✅
Nice video. I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?
I admit that you're doing well for yourself, but not everyone have a good idea of stocks like you do, so i recommend seeking professional help from a market expert for the newbies.
Right, I've been in constant touch with one since covid. My advisor decides entry and exit commands on my portfolio, I've accrued over $600k from an initially stagnant reserve of $150K.
I have not written this sort of comment before but from the your comment, I knew that you have good understanding of investing, How can one reach this advisor of yours?
Thanks for the tip
awesome advice...Thank you
Great job! So helpful
WOW this is the first time I have seen one of your videos. You add SO MUCH VALUE!!!! I definitely subscribed to your channel and made notes of all the resources you mentioned. I LOVE what you are doing and the way you are doing it! ❤
What a great video, so detailed. Saved to rewatch over and over 🥂
Me too
You are very inspiring Millie and I love all your content! Thank you for sharing this.
Thank you so much! I appreciate your support! ☺️
Thank you millie..i have my own jewelry online shop now..have look when you have time
I'm interested in learning more about Stan. I will look for a video on your channel. Thank you for all the info!
Thanks for the info!! 🤗💙
This was great to watch. Definitely interested in digital products and creating courses.
Well explained I appreciate 🙌
Wow! What a well organized and clear video that answers all my questions. You are so great at this :) Thank you 🥰
Thank you so much! I’m glad you enjoyed it! 🤗
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I've been sitting on over $545k equity from a home sale and I'm not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with depth market knowledge
Very true. Despite having no prior investing knowledge, I started investing during the pandemic it wasn't a bad move, even with the current dip I was able to make over $850k in just few months of compounding. In reality all I was doing was getting professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and I'm eager to participate. Who is the driving force behind your success?
There are a lot of independent advisors you might look into. But I work with Lisa Ann Moberly and I have been working together for nearly four years now, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
I'm in Minnesota so it'd be Passive-aggressive income 🙃
Oh my gosh this is the best 🤣
@@MillieAdrian btw...u know how I am. I'd like to see your hair down again, and crimped or whatever u did before 🤍💥😁
Lol
This was literally the best video I’ve seen on passive income! Thank you!
I absolutely love your honesty! This is by far the best video I've seen on how to make passive income!
hey @Millie, many thanks for this video! It is the best one I could find to really to nail differences, offer evaluation on the range of complexity and as well encourage me to start with at least 3 ideas that have been appealing to me in the past years. I would like to start with: affiliate marketing, online courses and final/ultimate goal: application builder. Hope I will complete at least one of them. Can't wait to check your other videos on the ideas I'd like to start.
Once again that for the very informative videos. Very helpful
Love this video, thanks sooo much!!
Some great tips Millie. Thanks for sharing.
Awesome, I agree with you Krist
Thank you!!
Great video. Enjoyed all of this information. ❤
Thanks for the video, very informative and your fun to listen to. I like the membership/subscription model. The key to keeping subscribers in the subscription model is offer something realiy good at a really low monthly cost to the point where they dont even see the charge because its so low and you offer alot. A subscription that costs $5-$8 mo and you have 10,000 subscribers adds up bigtime while keep offering value to them and most will stay subscribed.
Thank you so much Millie this is sooo helpful video 👏
You're so welcome! Glad you enjoyed it!
Hi Millie, amazing content as always. I am doing dropshipping as a side hustle (started with almost nothing), and it's paying off last few months. I have really good income that I am considering to quit my regular job because I don't really like it xD. Consistency and hard work will always pay off at the end (with a little bit of winnerzila)
Congratulations!! I am so happy for you!! That is amazing! 🤗🤗
😅😢😮:-["
Thank you so much!
Thx for inspiration👍
Thank you for this video; they really help
amazing video, Mollie, great info. so much good things
Thank you so much! I’m glad you liked it!
Such great advice, thank you!
You’re so welcome!! ☺️
Hi Millie! Very clear and pleasant to watch, thank you!
That's amazing that Millie makes $20,000 (£15,000) per week. I don't if I would know what to do with all that money. Another awesome video and love 🥰 it and love 💕 Millie.
Thank you so much David! A lot of those earning are reinvested into my business so I can continue creating quality content for all of you! ☺️
And paying your team too! ❤❤❤
Thank you very much for this video. You just put me on to a whole different world
I just wanted to say how incredibly useful I have found every single one of Millies videos (that I have watched so far! )
Thank you Millie for sharing so much of your knowledge
You are awesome!! I love your content so well put together!! I share it with clients who need a little career counseling support! ❤
This is the exact video I've been trying to find. The one I needed. Thank you ❤
You're welcome!😁
Thank You So much for sharing all these different option for passive income and I loved the way You explained each subject and with that touch of fun !!❤
You got a new subscriber and a Big like Gorgeous!
Keep it up !!
Blessings & keep on having yourself an outstanding life!!
This is awesome, I've been looking for a video that lays out many options like this and what makes it even better is, you explain everything in people terms, meaning ways to understand EVERYTHING. I am going to key on #9 building an app or software. I have just the subject too, so again, thanks I'm a new subscriber and just started my channel basically about motivation and inspiration, I know it's a busy subject, but it's also something EVERYBODY can identify with. Wish me luck.
You have earned a new subscriber :)
Awesome insight!
I would love to do affiliate marketing with brands and also do some digital products. I have a planner I created a couple years back that needs some tweaking. That would be a great first step! LOVE YOUR VIDEOS!
Thank you so much for this video
I like you! You explained things very nicely. Glad i learned today . I may be even taking your course lol =)