10 Passive Income Ideas | How I make $20k per week
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- Опубліковано 8 тра 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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BRAND LINKS/LINKS MENTIONED:
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EverBee ⏩ everbee.io/
Aspire ⏩ www.aspire.io/
#paid ⏩ hashtagpaid.com/
Popularpays by Lightricks ⏩ popularpays.com/
obviously ⏩ popularpays.com/
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⬇️ More stuff you should check out ⬇️
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⚙️ TOOLS & SERVICES I CURRENTLY USE & RECOMMEND ⚙️
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DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
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.
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
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.
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
Girl you are an angel ! You broke the game down in 2.2 secs . Really appreciate you
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.
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?
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.
This is the best and most informative video on youtube. wow. Thank you!!!
You are amazing Millie! All your videos have lot of value! Thanks for sharing that!
Love, love, Love your vids and how you present! You're my inspiration!
you are literally amazing Millie, much love & blessings !
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!
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! 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 UA-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 ❤️
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!!
Finally a clear real description THANK YOU
Thanks for this valuable and informative episode Millie keep the gems and nuggets rolling peace .
Thanks Adrian! Glad I found you.
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!
super informative, loved this video. also, you're so silly. love your vibe
Fantastic video! Thanks for sharing, Millie!
Probably the best channel on the topic. I love how the difficult parts are not being omited and I love the voices... :)
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 💖
Thank you for this video👍🏽
This is the best and most informative video on UA-cam. Thank you!!!
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.
Thanks Millie. This was great. Affiliate Marketing, Digital Products, Online Courses, and Brand Collab are my interests. 😊
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?
You are very inspiring Millie and I love all your content! Thank you for sharing this.
Thank you so much! I appreciate your support! ☺️
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.
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 ✔
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...
Your video is entertaining & informative. Thank you, I appreciate not getting bored listening. I like the way you create your content.
Thank you for going straight to the point
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! 🤗
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
Cool, subscribed. Keep up the good work.
Hi millie, this is really a helpful video just what i needed to know. Thank you for this!
Hey there!! 😍 I'd love to hear more about UGC please. Thank you for this video. ❤
What a great video, so detailed. Saved to rewatch over and over 🥂
Me too
Finally someone actually explaining this busines step by step. Thank you!
So good!!
Thank you
Excellent, thank you so much. 👏
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!
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! ❤
Thank you!! Amazing information!!
Thank you 🙏🏾 for ALL this information ❤ I’m a new Subbie ✅
You have a good vibe. I'm in. 😂👍🏾
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
My advisor’s name is SUZANNE EVELYN RINELLI.Thank me later.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
I'm interested in learning more about Stan. I will look for a video on your channel. Thank you for all the info!
Thank you very much for this video. You just put me on to a whole different world
This was literally the best video I’ve seen on passive income! Thank you!
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.
Great video. Thanks for sharing
Thank you for this video; they really help
Finally a comprehensive presentation of the opportunities in the digital world! Thank you so much!!
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
Hi Millie! Very clear and pleasant to watch, thank you!
Thank you millie..i have my own jewelry online shop now..have look when you have time
Great video. Enjoyed all of this information. ❤
I absolutely love your honesty! This is by far the best video I've seen on how to make passive income!
Thanks for the info!! 🤗💙
Love this video, thanks sooo much!!
Thank you so much Millie this is sooo helpful video 👏
You're so welcome! Glad you enjoyed it!
This was great to watch. Definitely interested in digital products and creating courses.
amazing video, Mollie, great info. so much good things
Thank you so much! I’m glad you liked it!
Once again that for the very informative videos. Very helpful
Well explained I appreciate 🙌
Such great advice, thank you!
You’re so welcome!! ☺️
You are awesome!! I love your content so well put together!! I share it with clients who need a little career counseling support! ❤
Wow thank you great info !!!
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!!
awesome advice...Thank you
Some great tips Millie. Thanks for sharing.
Awesome, I agree with you Krist
Thank you!!
You have earned a new subscriber :)
Thx for inspiration👍
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.
This video was awesome
🌟🌟🌟🌟🌟 worth every minute’s thank for taking Tempe time to put this video together. Informative and engaging 👌 will rewatch it for sure. 🤓
Well said! YOU'RE GREAT AT WHAT YOU DO!
Thank you so much, @PrinceEzra!
Great job! So helpful
Thank you so much!
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.
Hi, Millie, love your content.
Thank you for all the great info you share.
Question:
Does one have to necessarily join Instagram’s creator marketplace to negotiate brand deals or is that something we can do on our own, outside of that?
Does Instagram get a cut of those brand deals when going through the marketplace?
Thank you again!
Thank you very much, this video was really resourceful. I'll love to start SAAS, I already have coding skills.
I like you! You explained things very nicely. Glad i learned today . I may be even taking your course lol =)
Please what broker do you use? I want to invest a lump sum of money in a variety of markets, but I'm not sure which is safe right now given the uncertainties. Don't know If to just store cash or diversify across a number of assets, including stocks and bonds, whichever can help fend off inflation. I have $380k in my savings budgeted.
Inflation is a money-eater, you either learn how to create a basket of securities like an expert or seek guidance from a financial expert
Agreed. I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target. My best milestone so far.
@josephbush May I know the name of the advsor who has been assisting you, please?
Just reached out to her since I need all the assistance I can get. I just scheduled a caII. Thanks a lot
invest in ME daddy xo
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 so much for this video
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
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.
Great Video! I think this will complement my ideas on passive income 🎉
Hi Millie! I am learning from you. It is not only about side hustles but also about understanding and speaking English with an American accent. There are many languages and dialects here in the Philippines, and I speak 4 of them. English is such a big deal here, you have to speak English well to be considered smart and intelligent by most people. You are easy to understand, and I am planning to watch 1-2 videos of your videos every day. Thank you.
Love your content and how real you are 👏👏👏
Thank you so much! ☺️