Simple strategies to Construct Cash on Amazon FBA in 2019 #three Personal Tag! [Beginner’s Guide]

hey it is Jordan the millionaire millennial and welcome again to the how one can promote on Amazon collection that I have been doing for 2019 on this video we’re gonna be speaking about non-public label and all of the issues that you might want to do to get a non-public label enterprise up and happening Amazon FBA so there’s actually seven steps to promoting a non-public label product and these seven steps can clearly all be divided into sub steps and people sub steps can most likely be divided additional into much more sub steps so there’s loads of totally different steps in relation to promoting a non-public label product now you is likely to be questioning why on this planet would I need to try this arbitrage Sean’s loads simpler than promoting a non-public label product and so the professionals to promoting a non-public label product is that it is actually actually scalable and you’ll see the final one on right here is increasing and that is actually necessary as a result of a web based arbitrage enterprise I have not actually seen that many individuals been in a position to scale it previous you already know 1 / 4 million a yr which you already know for some folks that’s loads and why would you ever need to make any extra money than 1 / 4 million a yr however I’ve met a couple of folks that make thousands and thousands you already know tens of thousands and thousands of {dollars} doing arbitrage however it’s very very giant so for a smaller vendor promoting arbitrage is normally the best way it go however for those who need to have extra of an automatic enterprise non-public label is definitely higher to get to automation stage as a result of arbitrage will be automated pretty simply however the factor is the you already know progress cap if you’ll are the you already know sum of money you may make is tough to get previous whereas with non-public label it is not exceptional to be making ten twenty thirty forty thousand {dollars} a month utilizing non-public label however folks doing these sorts of numbers in on-line arbitrage are a bit extra uncommon in order that’s why folks normally prefer to go for personal label is as a result of it’s scalable and likewise if you arrange every little thing which takes a bit little bit of time and assets to only get every little thing constructed however when you do then it is actually actually automated it may possibly principally be to the purpose the place you simply place an order together with your provider each few months and replenish your inventory and that is the extent that you simply take part in your small business so you possibly can’t get it too that time and that is why folks do love to do private-label however it’s normally extra of an finish purpose for folks as hey I’ll begin the arbitrage possibly do some wholesale and stuff after which I need to construct my very own non-public label product as a result of I need to go fully hands-off by this one must reorder stuff so it is extremely good however it’s difficult to get to however I’ll lay out all these totally different steps separately and clarify each as we’re taking place the record so the very first step goes to be discovering the product and that is really the toughest step so I do know it form of sucks however the hardest step is definitely step one however when you get previous this step every of those steps is definitely not that onerous and particularly after you do it a pair instances it turns into very very simple however discovering the fitting product is at all times a problem even should you’re a extremely actually skilled vendor or not so even a brand new vendor you already know skilled others haven’t got loads of edge on you as a result of it is nonetheless very exhausting to seek out good merchandise you are following alongside in that Amazon information that I gave you within the very first video if you have not gotten it you possibly can really get it within the hyperlink beneath this video however I really lay on the market’s loads of totally different ways in which you will discover merchandise so you possibly can search on Alibaba you should use totally different instruments like jungle Scott and viral launch you possibly can go to commerce reveals you possibly can simply see issues round the home you possibly can see issues a retail retailer you possibly can take a look at Etsy you possibly can take a look at all types of different random web sites that they submit random merchandise you possibly can really discover stuff on BuzzFeed my non-public stage merchandise have really been featured on BuzzFeed earlier than which is fairly cool as a you already know non-public label model proprietor to have your product featured on a web site like Buzz so you do not actually take care of Buzz seeds content material per se however it was cool to see my product on there however that is an effective way to get concepts for a product as you you already know I see a product on BuzzFeed you are like wow that is a extremely good non-public label concept I am gonna look into that extra so when you get an concept of a product and utilizing one of many many many strategies to seek out merchandise you then’re gonna transfer into the vetting stage and that is the place loads of stuff will get form of filtered out so that you would possibly discover lots of and lots of of various merchandise that might be probably good however you then vet it so that you simply eliminate all these things that going to do very nicely and that is really form of a prolonged course of as nicely and once more you already know you form of get a watch for this stuff with expertise but when I had been to put it out for you vetting principally you need to search for one thing with a extremely good ROI one thing like 100% ROI or extra after your whole prices and the explanation I say to search for an ROI that prime is as a result of with non-public label there’s loads of unexpected and surprising prices at all times even should you assume you have got every little thing figured on the market’s at all times going to be one thing that goes incorrect and so that you need to have that further layer of margin in-built from the get-go in order that when these surprising prices do pop up you are not like oh nicely I used to be you already know making a 10% margin on this however now I am making zero or I am shedding cash you don’t need that to occur so I prefer to search for an ROI of round 100 or extra and the margin I am not tremendous choosy about however I do like larger margin merchandise merchandise that you already know if you promote a unit you make $30 as a substitute of constructing $three however that is simply me you already know there’s lots of people that promote low cost stuff and you already know they make a greenback per unit each time they promote them however they promote lots of and lots of of hundreds of them a yr or no matter so that’s you already know private determination or whether or not you need to promote loads of items at a cheaper price or fewer items at the next worth and clearly that leads into one other level is how usually does this product promote on common so it’s important to take a look at not simply the product however the whole marketplace for that product and the easiest way to do this is my opinion with a instrument referred to as viral launch you possibly can really take a look at all of the totally different key phrases for a market you possibly can see what number of instances these are being searched by Amazon clients then you possibly can see what number of totally different merchandise are pulling up for these outcomes after which you possibly can see okay on an entire and viral launch will calculate us all for you which ones is sweet on an entire you already know what is the common critiques what is the common score amongst these critiques what is the common variety of gross sales what is the common income and so you possibly can really take a look at all of those totally different numbers for a complete market after which you may get an concept okay you already know on common this entire market is you already know has 50 critiques on common so meaning I would want to get 50 critiques with a purpose to actually be aggressive and likewise this market possibly solely has 100 gross sales a month on common so I should not count on to get greater than 100 gross sales a month particularly from the get-go I ought to count on possibly half of that out the gate on the primary month as a result of you already know clearly you have no critiques if you first launch your itemizing so actually vetting is getting an concept of what’s the potential that your product can do after which deciding whether or not or not that is adequate for you so there are folks which might be tremendous choosy they usually simply need they’re like I solely will take a look at a product if I am gonna make a minimum of you already know 100 thousand {dollars} a month if I am not gonna make 100 c’mon I do not need to promote the product nicely I am probably not like that I favor merchandise you already know that promote possibly like you already know I would be pleased with a couple of thousand {dollars} a month per product and revenue and that is you already know some folks would possibly take a look at me be such as you’re silly however I like having loads of totally different SKUs that promote you already know lower than having only one SKU this sells a ton as a result of it is much less headache if that one SKU had been to you already know die off or no matter then you do not lose your total enterprise so I undoubtedly prefer to diversify my product portfolio if you’ll the subsequent huge step is gonna be sourcing and this one once more not tremendous exhausting i supply all of my merchandise from Alibaba apart from one i supply in america as a result of it is really a complement and so you already know sourcing dietary supplements from exterior the US not the very best concept as a result of you already know the authorized points and simply do not do dietary supplements if you’re first beginning belief me it is an enormous headache and I am coping with it now and I simply I take tylenol each morning simply to get by the day form of kidding they’re form of kidding however sourcing just about something you possibly can go to Alibaba comm and supply it out of China and also you’re gonna get the very best costs and there are literally some fairly high quality stuff which you can even have made the large issues to search for in Alibaba are you need to have a star suggestions of a minimum of a couple of years you do not need to purchase it from a producer that is received like you already know one yr or no matter even two years I prefer to work with producers which have been round for like a decade as a result of then I do know for a proven fact that they are going to ship good product in a well timed method in any other case they might have already been out of enterprise by now now generally you possibly can’t discover a good producer to supply that individual product so at that time you would possibly lose some potential Piell concepts be since you’re like I can not discover a good producer to supply these issues however it’s quite simple Alibaba you possibly can simply ship the provider a message you simply seek for the product on the search bar after which you possibly can simply ship a bunch of various suppliers a message I like to recommend sending like 10 totally different producers you already know only a message saying hey I need to purchase this and you’ll speak about what number of items gonna purchase you do not really want to speak about worth up entrance however you already know simply ship a message like 10 totally different folks as a result of solely is you already know proportion of these persons are going to answer and solely a proportion of these folks that require really gonna find yourself working with you and I normally prefer to at all times get a pattern of the product made as a result of then you possibly can really see the standard of the product so I at all times have samples made for just about each private-label product I do then when you get that pattern and you are like okay this seems to be good and also you negotiate a superb worth that is gonna be helpful to you and the provider then you possibly can say okay let’s hearth it up let’s get manufacturing as soon as they’re performed manufacturing all the products you then transfer into the importing stage which once more is definitely not as exhausting as some folks assume it’s as a result of you possibly can simply use firms to import your merchandise for you so I exploit an organization referred to as Flex port they usually simply deal with completely every little thing I principally inform them here is the title of my provider here is the place they’re here is you know the way many merchandise there are they’re packaged and you already know this mini packing containers this dimension and this weight and I simply get all that data from my provider clearly simply ship it to them and I am identical to okay how about it you already know I made the little cargo in Amazon all of them need to go to you already know this warehouse this FBA warehouse over and you already know normally it is Los Angeles as a result of they’re coming from China California and so would possibly simply get all of them there after which they principally deal with every little thing else for me so I you already know prefer it would not get a lot simpler than that in relation to importing I do know that there are some sellers that actually need to do every little thing themselves they usually study you already know f OB exw commerce phrases and which is healthier and blah blah blah you already know and I’ve shipped utilizing all types of various commerce phrases actually on the finish of the day it would not make a lot of a distinction a minimum of that I’ve ever seen so importing not tremendous exhausting clearly should you’re importing you already know harmful items or questionable items like this you are really imported some stuff that might be thought-about has matter harmful as a result of it contained flammable substances or no matter and it was a bit bit dearer in order that’s only one instance of the entire you already know have an additional margin in-built as a result of I did not know that they had been gonna flag it as hazmat I did not know I used to be gonna must pay a bit extra however the factor is the ROI was so good on that product that it was okay and I used to be like okay I yeah I’ve to pay a bit bit extra for transport as a result of it is hazmat or harmful or no matter it is probably not however they prefer to assume it’s and in order that was in-built so I did not I did not lose any cash on the product so the subsequent step is definitely promoting the product that is really most likely the second hardest step together with advertising they’re form of you already know they form of go hand in hand however promoting the product so what’s actually necessary if you’re promoting a product is having a extremely good high-quality itemizing folks simply do not perceive this you both have to be taught skilled pictures or rent knowledgeable photographer to take footage of your merchandise don’t use the product footage which might be on Alibaba you are not going to get any gross sales all proper so you might want to take top quality photos of your product after which you might want to have a extremely good key phrase stuffed title if you do not know what key phrases stuff means it is principally identical to all of the key phrases that persons are gonna be trying to find to seek out your product in to ensure all of the necessary ones get into your title make it good and lengthy you are able to do I believe as much as 250 characters and your title so simply fill all of it out you have got participating additionally key phrase stuffed bullet factors all proper after which you have got a superb well-written description these are all baseline all proper you can’t get away with simply throwing up on Alibaba image writing a 3 phrase title not even filling out the bullets and promoting it is not gonna occur all proper it is simply not gonna occur so that you really must take the time to jot down a extremely good itemizing and get footage both taken or take actually good footage your self so I personally get all my footage performed by viral launch they’ve a extremely nice pictures crew and it takes the headache away from me having to go and discover a photographer and discover a mannequin as a result of they really do life-style footage that are nice they present the product in use and people are actually good footage since you need to inform a narrative together with your photos all proper so it’s important to have the white background picture that is required by Amazon inside your different photos you need to inform the story of the product okay you need to be like here is the way it’s used you need to present the potential buyer that is what you would be doing with the product think about doing this it is gonna make your life higher or simpler even when your product is one thing silly you already know identical to a toy or no matter as a result of the factor is the purchasers purchase all three issues primarily based on three issues that is it and should you nail these three belongings you’re gonna get gross sales purity and that’s the worth after all the pictures and the critiques and should you will be aggressive on all three of these you are going to beat all people now I am not saying that you might want to promote your product that’s considerably cheaper worth and all people else however the factor is should you can match the worth of the market okay and generally you possibly can even promote it for greater than the worth of the market should you’ve received actually good photos and also you get good critiques which suggests that you’ve a extremely good product so a high-quality product proper which you get round this sourcing space you need to make sure that it is a top quality after which making a superb itemizing proper having good photos are all crucial if you’re promoting private-label so advertising goes hand-in-hand with promoting so advertising includes operating promoting primarily and there is a ton of various methods to promote these days so you are able to do pay-per-click on Amazon so that you pay for each click on that you simply get to your product itemizing and that is very easy to arrange in Amazon you simply go to the promoting tab in your vendor central and also you arrange a marketing campaign tremendous simple not tremendous you already know difficult to arrange a bit extra difficult to run however you already know you may get it arrange and get it going fairly simply after which after all you are able to do Fb adverts and you’ll you already know run visitors from Fb to your itemizing or to you already know a special squeeze web page after which your itemizing so there’s loads of totally different strategies on the market considered one of my favourite strategies proper now’s Instagram influencers as a result of they’re actually actually low cost and you’ll really get loads of gross sales so with my complement proper now I am utilizing influencers to push visitors to the web page and I am getting loads of gross sales from it and it is working rather well so Instagram influencers is very nice as a result of it additionally builds social proof so folks see oh this influencer has received 100 Okay followers they usually’re utilizing this product they like this product due to this fact it have to be good and that is what is going on on within the thoughts of your buyer and so that you’re constructing social proof and getting advertising on the identical time and people issues are crucial if you’re promoting a private-label product alright lastly is increasing and scaling your non-public label product which is form of like the place folks need to get to jot down that you simply need to scale it to the lots of of hundreds of {dollars} each month proper so the factor is a few merchandise cannot be scaled that far however you possibly can undoubtedly develop and what I imply by develop isn’t just promote on Amazon however promote on different platforms too you possibly can promote them Walmart you possibly can promote on jet you possibly can open up your personal store if I retailer and promote on there so there’s loads of methods to develop your non-public label product as you proceed to develop however you actually need to concentrate on these first ones first nail all of those after which increasing will not be all that onerous since you primarily have already performed all of it increasing is simply you already know getting increasingly more folks to have a look at your product which is basically only a subset of selling so you actually simply need to get good at advertising your product after which you possibly can develop it into these different platforms like Walmart and Jed and Shopify and many others and many others in order that about wraps up non-public label I do know that there is a ton of stuff and I do know this video may be very lengthy should you’re nonetheless with me superior as a result of within the subsequent video we’re gonna speak about wholesale and wholesale is loads like non-public label however really simpler since you normally do not must do as a lot stuff and you’ll have to do some of these items however normally beginning proper round this half just a bit bit a bit final half you do not have to fret about all these things more often than not if you’re doing a wholesale deal so I am gonna speak about you know the way to discover a model that desires to work with you how one can make that model need to work with you what to do to entice them to work with you and promote to you fairly enthusiastic about it so I will see you within the subsequent video bye [Music]

The vogue to Assemble Money on Amazon FBA in 2019 #1 Launch Right here! [Beginner’s Guide]

hey what’s up it’s Jordan the millionaire millennial and in this video we’ll be talking about how to sell on Amazon in 2019 [Music] so there’s actually gonna be a video series several videos long I’m gonna talk about all of the different methods to sell on Amazon how they’ve changed over the past year and what you can do right to make sure you’re successful moving into 2019 first thing I want to address is going to be a little bit housekeeping which is some frequently asked questions these are questions I get asked almost every single day and I want to answer those really quick before we jump in everything else the first question I get all the time is is Amazon still a good opportunity I heard that people aren’t selling an Amazon anymore is it still good I heard it’s too competitive I heard this I heard that I heard you can’t make money everybody blah blah blah the answer to is Amazon it’s still a great opportunity is a hundred and ten percent yes and let me explain it because a lot of people can just say yes but let me point you to the fact that Amazon is still a very large growing company they’re continuing to grow at it at a very very fast pace and so they continue to acquire more customers that are buying on their platform which means that they need to continue to grow and have more sellers to sell to those buyers on their platform right now Amazon owns over 50% of the e-commerce space that means if something is purchased on the internet there’s a 50% chance that it was purchased from Amazon furthermore 50% of Amazon’s sales come from Amazon third-party sellers like me and you they are for 25% of all e-commerce sales on the internet are from an Amazon third-party seller which is mind-blowing considering there’s billions and billions of products sold every year so what exactly does that tell us well tells us that Amazon is still growing very quickly they’re acquiring more customers and in order to acquire more customers they need more products to sell to those customers therefore they need more third-party sellers selling more products so Amazon continues to be a very great opportunity for new sellers and old sellers alike old sellers to continue growing larger and larger and new sellers to jump on the platform and start selling another big question I get is can I sell from a different country than the one I’m selling it for example if I live in India can I sell in the United States or if I live in Belgium can I sell in the UK and the answer of course is yes a lot of people sell from all over the world now Amazon has a list of countries that they don’t allow but there’s actually ways to get around that if you create an LLC or a corporation in a country they do allow and partner with somebody or you know work with an attorney to establish that company then you can literally sell from anywhere in the world in any country doesn’t matter where you’re from I have students from like 60 something countries all over the world and they’re all able to create their accounts and start selling and it depends on the method that they use obviously certain methods are gonna be easier for people that live in different countries and I’ll get into that in this series when we talk about the different methods to selling want to talk about which method is better for who but the point is yes you can’t sell from pretty much any country anywhere in the world and that’s only going to get easier as we move forward because Amazon’s goal as a company Jeff Bezos has even said this himself that he wants to be the everything store right he wants to sell everything everywhere in the world and Amazon is constantly growing their worldwide platform their opening fulfillment centers all over the world in almost every single country so odds are you can actually very soon will be able to sell in your own country not have to sell in some other countries well for example they just recently opened Amazon Australia and Amazon India and you can now sell on those platforms from anywhere in the world if you live in the US you can sell in Australia or India and they’re opening some in Israel hopefully this year and so there are all over the world and Amazon is only going to continue to grow and it’s going to become easier and easier for people in other countries to sell on the Amazon platform question that’s on everybody’s mind is how much money is this gonna cost me because it sounds like a decent opportunity but I don’t have a lot of money or maybe I do have a lot of money but I don’t have a lot of time so balance the two what is a good budget for starting Amazon FBA well the great thing about Amazon is that there’s a lot of different methods to sell and again I’m going to get into those in the series all the different methods but each method has its own budget so for example we’re gonna talk about arbitrage arbitrage is very very cheap to get started some people can get started for as low as like $100 you go to a thrift shop and you buy some stuff that you flip it that is how you get started there of course you can start with more money you can start with several hundred dollars you do online arbitrage get some software going and have all that automated so you don’t have to actually go to stores and then there’s a private label where you can start for maybe around 500 to a thousand dollars but ideally you’re gonna want a slightly larger budget of over a thousand dollars to do it right if you will and I’ll get into again all the logistics of how to do a private label the right way in this series we’re going to talk about that and last there’s wholesale and wholesale does require a larger budget because you want to place larger orders with the company to get those big discounts so that you can sell things at a profit but at the same time I have talked to a lot of people that are doing wholesale on a lot lower budget and they’re actually not even spending that much money up front to be doing wholesale deals with different brands and again I’m going to get into how to find brands and what to say to them and how to actually negotiate brand deals in this series so lastly if you’re just raring to go and you just want to get out there and go go go how can you get started today well watching this video you’re already off to a great start honestly because in this series we’re gonna go over all the things that you need to do to get started but if you don’t want to wait for every video to come out I actually have a guide that I’ll link below it’s several pages long it’s just a Google Doc and it lays out step-by-step each method and so you can you know get that guide you can print it out and then you can follow along on this series and as I talk about everything and you’ll be able to hopefully get a really good understanding of the steps that you need to take for each different method of selling on Amazon so hope that clears up some questions and concerns and that finishes up our housekeeping so in the next video we’re gonna get into arbitrage which again is one of the least expensive methods to getting started when you’re amazoness so that’s gonna be really exciting for a lot of those low budget people that you know just want to scrape it up and get going and so that’s we’re going to be talking about in the next video in this series I’ll see you there [Music]

A Stress-free Drive 🚗 Via Iceland 🏔️

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How Tai Lopez Bought Rich 💵 (Funnel Evaluation)

[Music] everybody its Jorden the millionaire millennial and in this video I’m gonna actually start a new series called funnel review where I actually go and look at other people’s different sales funnels and tell you whether I think they’re good whether I think they’re bad what I would improve or what I would change and then I’ll give them a score of 1 out of 10 so if you don’t know what a sales funnel is just click on any ad that you’ve ever seen anywhere and we’ll take you to what’s called a sales funnel if you don’t really know I’ll put a description or the video right now of kind of like a picture of how sales funnel works you start at the top and you follow the way down the purpose of a sales funnel is to get a customer to buy a product and this can be used in any different way that you could possibly imagine everything from physical products digital products books ebooks anything that you could sell you can make a sales funnel to do it so if you have any suggestions for different funnels or different people’s funnels that you’ve seen that you want me to review leave me a comment and I’ll gladly go check out those funnels and see what I think about them and I’ll probably feature them in the next episode of funnel review but for our first episode of funnel review I want to look at one of the most famous or infamous marketers of our time Tai Lopez [Music] that’s how Lopez popped on the scene several years ago making different YouTube videos talking about the good light now we’ve probably all seen a video of ties once or twice so I will spare you the details of his style of videos but he started years ago making YouTube videos and then he released an ad a few years ago that we’ve all seen and then we all remember and I’ll show you that out in a second that’s what we’re actually going to start because that is the beginning of the funnel is an advertisement typically either an advertisement of some sort of organic traffic that’s where the funnel begins and so we’re going to start with that video that’s right we’re gonna start with here in my garage just bought this new Lamborghini here so we’ve all seen this video this is a video that has almost 70 million views and terrible like to dislike ratio but that is because tie spammed the ever living crap out of YouTube for several months with this video now what was the purpose of that well it’s to get people to sign up for his 67 steps and so this is the beginning of the 67 steps funnel now he’s got a ton of sales funnels because he has a ton of different products and I’m going to look at a couple of them in this video but we’re going to look at this main funnel because this funnel alone has brought him over 10 million dollars and obviously it’s pretty wise that he kind of made the comments disabled because I could imagine that there was a lot of hate comments on this video because people hated this ad but it worked really really well in fact a lot of business courses in college use this ad to teach marketing because of how good this ad is and how well it performed over several months and actually several years have really kick-started Ty’s whole career so if we click on this ad or if we clicked on this ad when it was an ad then we would be taken to this page right so we click on this ad we’re taken to this page right here I’m gonna minimize myself a little more so you can actually see some of the main factors on this page all right so let me break down what we’re looking at here and explain like why each and every piece is important for this page right so this is the beginning of the funnel this is the sales page now the funnel does begin on the page because this is the ad page and you know it’s just him talking about the different 67 steps and how it works and if we click this I want you to notice that we’re taken to a different page alright so if we click this link we’re taken to this page but if we click this link we’re taken to this page now this is an older page right this is the up to date funnel this is his funnel from like a year ago alright so he just hasn’t updated the links on this video but so we’ll actually be able to compare the two funnels for the same exact product and I’ll tell you which funnel I think worked better so we can actually look at both funnels and compare and contrast them so let’s look at the more up-to-date funnel first alright so the first thing I want you to notice is that it has a call us number right very few funnels and very few businesses that are operating online have a phone number and the purpose of this number isn’t actually for customers to call in fact ty probably doesn’t want people to call him because it costs money to have to have people on standby all the time answering phones that’s expensive and so he doesn’t actually want you to call that number the reason that numbers there is to prove to you that this is all legit right if there’s a phone number then it’s probably a legit business I want you to understand that that’s not entirely true anybody can go get a 1-800 number and forward it out to some call centers out in India it’s not that hard and it’s actually not that expensive if you’re looking at building a multi-million dollar you know funnel so having a 1-800 number does actually build a lot of credibility but you know just I want you to understand from a consumer point of view it doesn’t actually make anything more credible but it’s there to prove that this is all real and actually if you call this number you will get a sales person that will try to sell you one of ties many services now we’ve got the big headline here right only 5% of people will ever learn how to use this secret formula so what that does is that says there’s very very few people that will even understand this it is a secret formula and so that applies to different things that applies scarcity because there’s a very very small amount of people that understand it and he’s willing to teach it to you right only only very few percent will understand it but I’m willing to show you what it is right so you can watch how he went from $47 to you know his house in the hills by watching this video now this video alright I’m gonna get is decently long and so you can see there’s no controls we can’t actually skip but if we click you that when I give we can be taken to the actual YouTube page where we see this is an hour and 20 minute long video and what this video is is him talking about you know life and you know the you know pursuit of happiness and you know a health wealth and in love and happiness right is the four things that he likes to talk about the most and then towards the middle of what he’s talking about he introduces 67 steps and how it’s good and you can see almost exactly halfway this annotation pops up which is going to take you to that page that we were just on right is his the beginning of his funnel alright and so usually that’s how any sales video is is about halfway through you’re gonna see him start talking about what exactly you know he is so let’s see what he’s actually talking about it I get rich quick seems none of those things it’s a powerful system that contain there you go it’s talking about its powerful system that contains all the answers that you could ever want and that’s that’s what he’s going for he’s trying to show you that this is something worth your money that if you buy this program it’s gonna really help you and that pops up about halfway through the video now if we go back to this page you can see you can watch that full video give you three skip it though and that’s kind of a big a big difference there is he doesn’t want you to be able to skip the video he wants you to listen to everything he has to say so he can set you up to sell you the product if you’re able to skip ahead you know you’re gonna you know skip around you’re not really gonna listen to what he has to say so he wants to make sure that you’re listening and paying attention now on the side here it doesn’t matter what you pick out any of these doesn’t change anything he just wants your name and email so that he can follow up with you later now underneath here you see important you know he basically says answer these questions honestly it doesn’t matter by the way what you answer them he’ll probably send you the same stuff he’s gonna send you his KS e mine map to the good life transcription of this presentation here he’s going to send you how when he’s gonna send you a bunch of stuff he’s gonna send you a lot of information and stuff on you or email and so that’s important in a funnel is to get the person’s name and email so that you can communicate with them after they leave your page whether they buy what you’re selling or not he wants to make sure that he can contact you later either with another offer or to follow up and see if you still want to buy this product or whatever it’s always a good idea to grab someone’s name and email so that is definitely a plus on this page now if we scroll down here you’re gonna see over 200,000 people have joined his 67 steps and so if you don’t know 67 steps it’s like 50 dollars right now so this is over 10 million dollars in sales from this single program right here so pretty crazy and then right here is actually pretty important he provides credibility to him and his website he says look I’ve got an 8 million view tedxtalk I’m legit I’ve got 6 million page likes on Facebook I’ve got almost a million followers on Twitter over 2 mil and a mil on YouTube I’m a legit person right I’ve been on these different you know websites and news channels I’m legit now one thing I do want to point out is a lot of people in there funnels will put fake information I’ve seen people that are essentially nobodies put like Forbes and Washington Post and CNN down here and I’m like you’ve never been on any of those platforms and that’s I’m pretty sure illegal use of a trademark so they could actually get sued for that so don’t put fake information in your funnel like if you’ve never been on a TEDx talk don’t say you have just because that is a lie right it’s a blatant line you’re trying to you know form a relationship with a customer you don’t want to start it off by lying to them and so ty does do a pretty good job whether you love him or hate him or whatever that’s not what this videos about this videos about his funnel and he is not lying about any of this right he’s actually been on all of these sites that went back and looked and saw that yes he actually has been featured and has talked on all these different sites and media outlets and then he puts a little disclaimer here basically saying hey you know just because you buy this doesn’t mean that you’re gonna be successful which is just you know it’s just stuff that his lawyer told them to do we scroll down a little bit more and this is kind of where the sales page ish begins where he talks about everybody wants the good life but you know no one’s no one’s getting it right so you know the more you learn the more you earn which is probably one of the most overplayed quotes in entrepreneurship ever I literally hear that quote all the time it drives me crazy now it’s completely true but it just drives me crazy everybody says it all the time and then you know he just kind of talks about why you should join the program and you know bla bla bla you can literally click to join right here so what a lot of good funnels do is they put multiple links to sign up throughout the page so you can click here to sign up great right invest in you rain double down again just giving more information about it again click here to claim your spot right money back guarantee download the grace it is click here to claim your spot and then down here we have the footer which is just you know some information about him and his different links to all those different stuff so you can see he’s got a ton of different courses right now right he’s got a and he’s making more all the time so he’s got a lot of different stuff we’re gonna look at another one of his courses in a sec but I want to finish out this funnel so if we click here to claim our spot right it’s going to take us to this page where he wants you to agree to these terms now this is something I don’t see in a lot of other funnels is having the person agree to the terms this is what’s called an extra step in a funnel and the thing is this will lower your overall conversion rates so if you’ve got a hundred people that come to the Steyr your funnel and you want 10 people to join having more and more pages reduces the number of people that are actually going to end up going all the way through the funnel and end up buying your product and so what’s interesting is I put this here because he actually wants to vet people that join so he actually doesn’t want people to join unless they’re going to actually follow through and do some of this stuff and that helps him because then you only have people that are actually serious and you know legitimately want to learn and help change their lives and so he makes you agree to these guidelines like if I don’t click this then it says you you have to you know check this box to proceed and so once I check this box again click click here to claim your spot takes to the checkout page where I’m able to put in you know all my information as well as my credit card information and then it says you know you’re gonna be charged one payment of $50 now when 67 steps first came out many years ago it was a lot more expensive than that and it’s actually come down even in price since then I think it used to be 67 dollars for a while but now it’s just 50 bucks right one payment of $50 is gonna get you in the door but what he does is what’s called an upsell and now this is really really powerful when it comes to a funnel is upselling the customer especially on the same page that they buy the actual product because he’s saying hey I’ll give you a 14-day free membership to my VIP program he talks a little bit about what the VIP program is right here where he’s talking about you know archive vault and membership to some you know monthly calls and book of the day premium and stuff like that and it costs $50 a month right and so you have to choose right here whether you want it or not now someone comes in and they want you know ties health right they want to associate with tie they want to learn from him so they’re willing to pay $50 well here you can join for 14 days completely free and then after that it’s $50 a month and so he’ll get a lot of people on the hook for this because they want to learn from him and they’re like oh well I don’t have to pay that right now I can pay it in two weeks or if I don’t like it I can get a refund and cancel and sure I’ll take the 14-day for membership so that helps him create a lot more revenue because it’s a in-page upsell and so that’s that’s the what it’s called it’s called an upsell and whenever someone is on a page that they’re checking out if you can put an upsell on that page saying hey I know you’re already buying this and this is a great product but here’s another product that I think you’ll really like and they’ll also be really helpful to you so that is really good part of the funnel and of course he’s got his refund policy right here as well and that does help a ton with conversions as people know that they’re not really taking any risk you like oh it’s only $50 and as well you get a money-back guarantee and then you place your order and then you’re you know email the login information to log in on theis website and go 67 steps so that essentially is the end of this funnel now one thing that I want to make really really clear is this is a pretty fleshed out funnel this is a pretty you know good funnel it’s it’s long it’s not too long but it’s very filled and it’s a very solid funnel so I would actually rate this funnel and nine out of ten just because of the amount of effort and work that was put into creating this funnel you know he’s honestly telling you hey I have actually appeared on these I’m not you know faking it doesn’t say Forbes and Washington Post here even though he’s never been on those actually I think he has been on Forbes you know he’s giving honest information he’s telling you what you’re actually going to get he’s not you know trying to lie or scam and he still has this call us number at the top this is on every single page he wants you to realize hey you know if you’re unsure you can call us right but most people want most people are not gonna ever call that phone number very few people will but it’s still there to prove that this is all a JIT now one thing I want you to really understand is that this is just what’s called a gateway product all right this is just kind of to get you in the door ty knows hey if you’re willing to spend $50 with me if you like this program that you’re about to go through odds are you’re willing to spend a lot more money to learn even more stuff from me and that’s where all of his other products come into play all those other courses that he has that are significantly more expensive right most of his products and courses are 10 times more expensive than this alright but he understands that if you spent $50 with somebody odds are you’re willing to spend $500 with that person if you can afford it and if you think their content is good and so this is the one of his cheapest programs because it’s really inexpensive it’s been out for a while it’s got a lot of you know authority everybody knows Tai Lopez’s 67 steps everybody’s heard of it and so he offers it so cheap because he knows that once he gets people in the door they’re probably going to buy another one of his programs now let’s do something fun and look at this older funnel right that you can still get to if you go to his hearing garage video and you click on the annotation that pops up so it takes you to this page where he it’s the same kind of video he talks about 67 steps and you know it’s gonna change your life and then you have joined free for three days all right so it’s a completely different offer than his other funnel right his other funnel was you know fifty dollars and then you can also sign up for the VIP program right but it was just fifty dollars and there was no joint free or anything like that and so this is actually a completely separate funnel it’s completely different it’s kind of funny that he still has it online even though it’s a completely different funnel and it it gives you a completely different offer too so again this is kind of the same you know just sales page where he gives you information about him and about the software and then again social proof right got to see that people are getting results if we see okay I’m in joined free for three days so we click that we’re taken to this page right here right where it says the the value of this is you know over seven grand and the regular price is over a thousand dollars but you can join free for three days and then it’s ten dollars a month right or sixty-seven dollars annually for 67 steps now I want you to see that and think that’s really interesting because his other funnel for the same exact program was fifty dollars flat or you can pay sixty seven dollars annually or you could pay ten dollars a month so it’s really interesting that he’s got two funnels that are selling the same product at two very different price points in my opinion now they’re not super you know that much different but one is a recurring price and one is a flat price so I just find that really interesting that he’s got these two completely separate funnels that sell you the same product then we go down here and we put in our credit card info and everything like that and we click access our membership and it’s going to take us to the same page it’s gonna send us that same email that we are now enrolled in 67 steps but it’s going to charge us 67 dollars a year or it’s gonna charge us nine dollars a month whichever one that we select here whereas if we had checked out with the other funnel it would have only been a one-time cost of $50 unless we wanted that VIP service now I did just notice that he does have the bonus of VIP video archive all which I’m pretty sure is the same VIP video vault thing from his last funnel that he was charging $50 a month for but now we can get it as a bonus here for $10 a month this funnel has a 30-day money-back guarantee and the other funnel had a 60-day money-back guarantee now although these funnels are two pretty different funnels and they’re they’re selling the same product I would still give this one a pretty good rating of probably eight out of ten I do think his newer funnels better but I would still give this one an 8 out of 10 because it does have all the things that you want to have in a funnel and if you scroll down here it has all the social proof and everything like that and so this is still a good funnel I just find it really interesting that he still has these annotations that you can still click to get to his older funnel and you can actually get 67 steps and this VIP stuff for cheaper than you can on his actual funnel where he’s gonna charge you $50 a month for all this stuff and over here you can get it all for $10 a month or 67 dollars a year so let’s really quickly go look at one of his other programs and so let me shrink myself down this is just his homepage where you can go to any of his courses let’s look at one of his most popular courses which is his social media marketing agency today and you’ll see again this is a very very similar funnel right to the funnel that we just looked at it’s got a video it’s got this one thing that I do want you to notice is that you can actually see the price right and we move my head out of the way again you can see the price right here he puts it right here he’s just like hey it’s $700 right he doesn’t try to hide it behind anything like he’s done in his other funnels where he makes you put in your name in your email first before he’ll tell you the price and so that’s so he can follow up with you he just says hey it’s $700 and that’s because this again this program is very very powerful right he’s got a lot of students he’s got a lot of results for his students and so he’s able just to straight-up sell it right on this page right just here’s the price blatantly you know here’s what you’re gonna get all right again this is pretty similar to the funnel we just saw he you know he actually has a layout of exactly what you’re gonna be getting 64 hours worth of content which is just in my opinion way too much I wouldn’t want to spend 64 hours watching videos but he’s got that much content on here most of them are live calls that he’s done in the past now he’s got thousands of case studies right so you can scroll through these and you can watch all these videos of the different students that have had results with his software and this is always powerful because people want to see that others are getting results right you don’t want to buy anything unless you know that it works and so this is called social proof and it’s always included in pretty much all of his funnels is people that have gotten results using his program and then he has a little FAQ and stuff like that so if we click join program it’s gonna be taken to this page where he wants us to enter your name and email to create an account so I put in some fake information here and I’m just gonna click create account and it’s going to say that my email is invalid so let’s just take that and maybe that’s a valid email okay cool that’s a valid email now this is obviously again his check out page where you can see this this program is seven hundred dollars it’s the same thing he’s got his social proof here he’s got the you know what’s included and the price and you can join the program you just sign it up so this sales page is not as filled as 67 steps now his least filled out sales page are his more newer programs and you would think it would be almost the opposite you’d think you know for his newer programs you would want to have a more filled funnel than his older stuff but it’s actually the opposite and that’s because he knows once you buy one of his courses that you’re gonna be willing to buy another one so let’s just look at one of his newer programs this build credit course here where he talks about how to build your credit score right and I want you to notice that it’s not actually him teaching any of it it’s it’s this guy right here this guy teaches the whole course so ty is not even in the course it’s just on his website he does a little video about it so we can go to youtube again let’s see this is an hour long video now probably about halfway through he’s gonna start talking about program so he actually hands it off to this guy and probably talks about it and so there they’re probably talking about it right now I don’t really care to play the video and go look at it but he’s gonna talk about this course and you should join if you want a good credit score or whatever and look at this page though single video legal disclaimer a little bit of information about the guy that’s teaching it and you know is money-back guarantee and that’s it right there’s there’s nothing on here really compared to his other pages now we click on show me how takes you right to the checkout page right there’s no other page there’s no you know page in between them just pushes you right to the checkout page where you can put in your formation and even on this checkout pages not as much information as he had on some of his other checkout pages so this funnel for his newer programs is actually not in my opinion as good as his older funnels which makes sense he wants to you know gauge whether people are interested in this kind of stuff people actually want to buy a program that teaches this kind of information and then if it is then he’ll spend the money in time to build a more fully fleshed out funnel but this is a very very simple funnel that works really really well it’s just a page that’s got a video on it with a button that says show me how or sign me up or enroll now when you click that button it just takes you right to the checkout page where you can see some information about it right there’s not a ton of information about what this does right you have to watch the video in order to understand what this whole course is even about well you can immediately sign up and pay the $700 to join this course now I would give this funnel a four or five out of ten just because it’s not filled out very well it does still look really professional but it’s just not filled all the way that I would consider a good funnel to be so obviously his 67 steps funnel is you know kind of really good it’s a good funnel and that’s why I gave that one a 9 out of 10 but these other funnels for his other programs I would give maybe a five out of ten so that concludes today’s episode of funnel review if you liked it give me a thumbs up let me know in the comments that you like funnel review and you want me to keep doing Epis otherwise I probably won’t but if you have any ideas for funnels that you want me to go review and go check out and kind of walk through leave me a comment to that funnel and I’ll go check it out but I hope you enjoyed this video I’ll see you in my next one [Music]

rip-off marketing

hey what’s up it’s Jordan the millionaire millennial in this video I want to tell you why you’re doing affiliate marketing completely wrong [Music] today I got on YouTube and I saw a video of this guy doing affiliate marketing or claimed that he was doing affiliate marketing he was just making some fake Facebook pages and running some ads to this crappy opt-in from Clickbank and I feel like that’s so many people that are actually doing affiliate marketing that’s why they think oh it’s a really great way to make a lot of money really fast and you know he could just turn it over and you can just do it over and over and you can make a ton of money but the reality is if you’re doing in that way it’s actually very short-term you’re not gonna make a lot of money and more importantly it’s what I like to call scam marketing scam marketing and affiliate marketer two very different things a lot of people think affiliate marketing is slimy and and it’s just these people trying to scam people out of their money and that’s because those people are doing scam marketing so you have all these other people that are out there trying to affiliate with programs and other people that they think are actually very helpful and then they get downplayed because of all these scam marketers out there now what exactly is scam marketing it’s very very simple and very very stupid you go to some site like Clickbank or jvzoo or max bounty and you find the highest paying offer the ones that’s gonna pay you the most money if you can get as many people as you possibly can to sign up and most of the time is something that’s not even relevant to you like some offer product on how to treat your diabetes or maybe some dog toys when you don’t have any dogs there’s a lot of different affiliate offers out there but they’re not relevant to you whatsoever you don’t understand the market you don’t understand the customers but you’re like oh it pays $5 for every person I can get to sign up so I’m totally gonna do it so then you just make some like fake Facebook page or some fake YouTube video or some fake website or whatever and you’re just like this product is really really great it’s so good Oh blah blah blah and you just go on and on about how great it is when in reality you’ve never tried it you don’t even know if it and more importantly you don’t even care because as long as you can make your money then it doesn’t matter what happens to the end customer it’s not your problem anymore is it but the hard unfortunate truth is you’re ruining your image when you affiliate with something that doesn’t work that you’ve never even tried that you can’t personally back up then when it comes around that you’re the one that’s making it it’s not going to work out very well because people want to buy from other people that they trust and you really can’t trust somebody that you don’t know very well and if you try to get to know the people that you’re trying to market to and they realize this person’s never use this product before how did they know that it works then you’re gonna be labeled as a scam marketer you give me labeled as a con artist someone’s just trying to get money out of other people you’re gonna make everyone else is trying to do affiliate marketing in an honest way look bad so I really don’t like people like you so please stop doing scam marketing now who would I be if I were to come on this video and talk about scam marketing and not tell you how to do affiliate marketing the right way if you want to know how to do affiliate marketing the right way get on Instagram and go look at Selena Gomez go look at Taylor Swift go look at all of these other incredibly famous people that are doing affiliate marketing all the time for example Selena Gomez affiliates with coach she’s constantly making posts about coach she does stories on her Instagram about coach every time she makes a post for them coach is paying her I imagine an exorbitant amount of money in order for her to post that single picture with her holding a coach purse that is how you do a Philly marketing you’re not spamming people you’re not talking about oh try all this brand new product buh-buh-buh was so great buddy knows coach everybody knows it’s a great product but everybody wants it because Selena Gomez uses it you have to build an image for yourself you have to show people that you are the expert in a particular field Selena Gomez a lot of people look up to her as an expert in fashion saying with Taylor Swift and you know the Kardashians and all these other people but the point is they’re doing it right because they’re already at the top they’re already pretty famous and so anything that they say is good people are going to buy it and brands know that and so they want these people to affiliate with their brand they want Selena Gomez to make a post about coach because then they’re gonna sell more coach purses now you’re probably thinking Jordan I don’t have millions of followers that is nowhere relevant to me whatsoever I don’t have any sort of following online I don’t even know anything about affiliate marketing I don’t know anything about any of this the answer is you can start really really small and that’s okay you don’t have to have millions of followers you don’t even have to have thousands of followers even if you have just a few hundred people following you they’re interested in whatever it is that you’re talking about and you make a post to sell $5 $10 $20 product odds are at least a few percent of those people are gonna buy it and that’s gonna in turn make you a few dollars and obviously the more people you have following you the more people are going to buy anything you affiliate with so you can start really really small and grow it but the point is you need to make it valuable for the person that you’re affiliating with you have to show that that particular product is actually valuable about to use it yourself you have to understand it you have to be involved in that market and you have to know your customer you have to know your followers get to know them because if you don’t know your followers then you don’t know the market and you shouldn’t be affiliating with anybody so please all the scam marketers out there that are making these fake facebook pages that are going on and on about how great these products are that they’ve never even tried you’ve got to stop it get some help make an Instagram and if you’re not comfortable making a brand image of yourself you’re not comfortable with creating a following around yourself that’s completely fine you can make a following around anything you want go to Instagram look at these themed pages they’ve got pages for landscaping for culinary arts for regular arts for dance for everything you could ever imagine make a following based around anything that interests you anything that that you think is really cool that you want to learn more about make a following around that build an Instagram Facebook YouTube you don’t have to be the center of attention you can make it about something else you don’t even have to show yourself on your on your Instagram page at all you can just post pictures of the different things like if you wanted to do dance if you were interested in dance you thought dancing is really cool and you wanted to you know make an Instagram page about dance you don’t have to make any pictures or post about yourself but you can repost the other stuff all the different things and you can get involved you can talk in the comments with your followers about the different dance moves that you like or the different arts of dance or whatever it is that you do when you’re talking about dancing obviously I don’t know and then every now and then you make a post say hey I got these you know tickets to this dance show or you know you can buy one get one free at this shop where they sell dance shoes or whatever it is any sort of product related to dancing and odds are people are going to buy it because they’re like I like this purses page I like the content they’re putting out I like the person behind the page I like to communicate with that person and I enjoy that person the most important thing the most important thing of all is that I trust this person and when you can build that rapport with your following and you put out any sort of product that you actually tried and be sure to actually try these things don’t just start throwing things out there try these things and then when you actually promote them people will want to buy them because they trust you because they know that hey anything that this person says about dance is gonna be a hundred percent it’s gonna be the top of the line product and that is the best and in my opinion only way that you should be doing affiliate marketing so please once again hashtag stop scam marketing I hope you enjoyed this mini rant slash educational video and I will see you in my next one [Music]

THE LIE YOU WERE TOLD ABOUT HOW TO MAKE MONEY 💵

hey it’s Jordan the millionaire millennial in this video I want to tell you why quit my $60,000 per year engineering job once I learned this one pretty simple fact about money now that’s one thing might be pretty simple but for some reason and this is just beyond me it’s not taught in any basic form of education it’s not taught in grade school middle school high school it’s really also not taught in college unless you’re studying business or economics now in my opinion I think that this particular fact should be taught in every realm of education it should be taught in grade school reinforced in middle school and then concrete in high school this is a fact every single person should know and understand as you come out of high school you fully understand how money works and so that you don’t have to do the traditional route that everybody else follows and without getting too weird and conspiracy sounding some people do think that this is a conspiracy that the government and big business are trying to like hide these things from the common folk so that they don’t end up you know jumping up and rebelling against them but I don’t think that it’s necessarily a conspiracy I think that the education system is just flawed but in this video I’m going to teach you exactly what that fact is and why with that particular fact you can create opportunities for yourself to give you the ability to actually leave your job and do whatever it is you want to do with your entire life so in order to understand exactly what I’m talking about I need to explain how the current system works and how do you get paid well we’re all very familiar with it essentially you work at a job usually nine to five forty hours a week and you get paid a certain hourly wage or you get paid a certain salary which can be then broken down into an hourly wage like I said I used to be an electrical engineer and I was making about $60,000 a year which translates to about I don’t know 20 something maybe 28 dollars an hour and for a lot of people that’s pretty good so basically you’re working 40 hours a week you’re making $28 an hour and in order to increase the amount of money that you make it’s pretty obvious you just work more hours and that’s why you see people putting in overtime and you maybe work 60 hours a week and a lot of companies will incentivize this by paying you your regular wage plus an extra 50 percent this is also known as getting paid time and half you see a lot of people working overtime working over 40 hours a week for a particular company because they want to make extra money so that’s more of a traditional route is to just work more another probably obvious answer is to increase your hourly rate how much you’re paid per hour like I said as an engineer you might get paid thirty dollars or more per hour but as a worker at a retail store at fast food you probably get paid minimum wage and those are pretty correlated with education and experience the more education you have and the more experience you have the more money you get paid on an hourly basis and that’s why the current financial institution is go to college get a good degree get experience and work as much as you possibly can if you do that you will make a lot of money now unfortunately that’s not the whole truth because there’s an entirely other system one that most people don’t really even understand or one ain’t look into they don’t get it they don’t think it’s possible or they’ve just never heard of it in fact I would say that at least 90% of people have never even heard of this particular method and therefore can’t even enact it the fact you’re watching this video already gives you an edge on about 90% of people out there because you’re about to learn how this new system works so the old system is time equals money right you’re trading your time for money you’re essentially putting hours in at your job whether it be overtime whether it be extra hours whether it be increased pay whatever it is you’re exchanging your time for your money and so many people do that but the new system breaks that equal sign right and happens as time does not equal money now you’re probably wondering well does that mean that I can just make money out of thin air I don’t have to spend any time to actually make money I can just essentially make money appear out of thin air that’s pretty close to what I’m trying to say so imagine every two weeks someone hands you a handful of seeds and maybe they’re your favorite see like pumpkin seeds or sunflower seeds or whatever and so you’re like these are great these are delicious I’m gonna eat these and so you heat them and you’re super satisfied and then two weeks later same person as you another handful of seeds and you do the same thing you eat them now imagine this you take your handful of seeds you eat some of them just so that you stay alive and then you take the rest of those C’s and you plant them in the ground and then you water those seeds everyday for however long it takes for them to grow and then they’ll sprout out of the ground and then once they’re fully grown they’ll start giving you seeds themselves so now from those very few seeds that you had left over after you ate some you now have these other seeds growing into huge plants and producing more seeds that you can then eat in fact you’ll have so many seeds that you won’t even be able to eat all of them yourselves you have to share some with your friends and family or possibly even sell some seeds to other people you’ll have so many seeds and you’ll just look out on your pasture and you’ll see an endless line of plants for as far as you can see and you’ll say all of this is mine and that’s what this new system is like essentially you take the money that you have left over after you pay your bills and everything like that and instead of spending it on frivolous childish foolish stuff you invest it you put it somewhere so that it will grow now I know you’re probably already thinking well I look paycheck-to-paycheck I spin all my money on my bills I don’t have any extra money to do this whole passive income thing well that’s where you’re in luck because there’s actually a lot of different ways that you can make passive income without actually having any money just like growing an entire farm you only really need to start with one seed and you can usually find those seeds lying around other trees I mean if you’ve ever been to an orchard there’s usually just seeds lying on the ground use pick one up you just take one of those seasoned like I’m gonna plant my own farm with this then you take it home you plant it you water at your nurture it it grows it splits into many more seeds you plant all of those seeds and as soon as you know you’re compounding and you have as many plants as you possibly could handle and it doesn’t stop there not only are you providing enough for yourself but you can provide for your family you can provide for all of your future generations all of your descendants you can build an ancestral home and you can live in that and you can pass that down generation to generation and that money will keep flowing in for all of your descendants for essentially ever as long as you set it up the right way now maybe down the line one of your ancestors will buy like a huge mega yacht and put a helipad on top of it and by helicopter and crash the helicopter into the yard and sink the whole thing in the ocean thus losing all of your money that your entire family’s had for generations until that day comes you will be wealthy enough to provide for your family and future generations very very few people have actually heard of this concept even less have figured out how it works and even less than that actually put it into action now I am one of those lucky people that learn about this at a younger age and put it into action which is something that’s very important actually in acting on the information you’re given and then I’m continually growing my farm and it’s really getting out there I’m starting to be able to look out on my farm and and see all the plants grow and it’s really cool to be able to look out on all these different plants and watch them grow and see all the money that they’re bringing in it’s just a lot of fun to raise and grow a farm so enough farm analogies I don’t actually have any more time in this video to give you a huge list of all the different ways you can make passive income so check out this video right here and I’ll put another link below in the description I’m gonna actually list out a ton of different ways to make passive income how you can actually get started today instead of exchanging your time for money you can just make money without really having to put a lot of time into it you might have to build it you might to set it up you might have to water it but once you get it all set up it just brings you income for essentially ever so if you have any more questions about this system or if you want to talk conspiracy theories let me know in the comments below me and my business partner or starting a podcast about everything amazon so everything Amazon you could ever want to know we’re gonna be talking about it on that podcast for me talking about all of our past mistakes and everything that we’re doing to push our business forward and it’s gonna be really exciting and I think you’re gonna learn a lot so be sure to go to that channel subscribe and watch our first episode we’re gonna be releasing new episodes every Tuesday so thanks for watching this video and I’ll see you in my next one [Music]

How To Create TRUE PASSIVE Income 💸 ($400/day+)

hey what’s up it’s Jordan the millionaire millennial in this video I want to tell you about all of my favorite ways to make a hundred percent passive income online now I hear a lot of people talking about passive income and oh I make passive income from this and I I set this up and I don’t have to do anything but in reality it’s not real passive income so I’m gonna give you real examples of real passive income because I’m so sick of people talking about passive income like they know what they’re talking about when reality is they have no idea what it is that they’re babbling on about the most recent example I can think of is cryptocurrency people investing in Bitcoin bitcoin is not passive income investing in crypto is not passive income because if you own a Bitcoin it doesn’t pay you anything it’s an asset but it doesn’t pay you anything it’s not depositing money into your checking account every month and that is what passive income is to me I want things that will pay me money into much I can account without me having to do anything at all now you can argue well if the Bitcoin value goes up you can sell the difference and then you can deposit it well I don’t want to have to do that I’m incredibly lazy I just want to set something up that will continue to make me money essentially forever so those are the things that I’m gonna tell you about today now there’s a few of these that are gonna be completely free for you to set up and there’s gonna be other ones that you might need to have a little bit of money to get started but either way all of these are going to be completely a hundred percent passive income now the first one is gonna be completely free and that is writing an e-book now I know what you’re thinking I’m not creative minded I can’t write a book I’m not even gonna try to write a book or maybe you have tried to write a book and you completely failed at it well join the party I’ve also tried to write a few books and I just get completely sidetracked or I forget about it or I you know get writer’s block or all of the other things that happen when you’re trying to write essentially anything but for those creative minded people out there that enjoy writing then you can write an e-book or you can get into translating if you’re really fluent in two separate languages you can actually translate certain books and those people will pay you a royalty for every book that’s sold in your particular language so all need to do is either write a book or translate a book and then you put it on to Amazon’s ebooks store and then you just rake in the money you essentially don’t have to do anything after that Amazon will automatically pay you all of the royalties that you accumulate and you just get money handed to you essentially forever now if you’re not into that because it sounds like a little too much work then I’ve got this second one which is actually one of my favorites one that I’m really starting to get involved into and I actually really like this one a lot and that’s peer-to-peer lending in particular through Lending Club now if you have no idea what peer-to-peer lending is join the party because a lot of people haven’t heard of it and they know nothing about it so imagine you want to redo your kitchen and it’s gonna cost you like ten thousand dollars to redo everything in your kitchen well you don’t have ten thousand dollars so you go to the bank and say hey mr. banker can I get a loan for $10,000 so I can redo my kitchen and the banker is gonna look at you and he’s going to laugh ha ha you think that I’m gonna give you ten thousand dollars so you can redo your kitchen absolutely not and that is most large banking institutions right there now what Lending Club is this is really cool because it takes those people that need those small loans and pairs them off with investors have a lot of money that can give them those loans but they charge a pretty high interest rate sometimes up to 25% now obviously that’s in the favor of the person lending the money which is you I’ve been using Lending Club for probably like a year and a half now and over the past twelve months I’ve seen about eleven and a half percent return on my money which is really good compared to other passive incomes like the stock market or investing and you know stuff like that and what’s nice is it really is completely and utterly passive I put in a few thousand dollars a couple years ago and I haven’t touched it at all in fact I forget that it’s even in there most days and I don’t even I don’t even ever look at it but it’s continuing to bring me money every single month now here’s another free one for you which is blogging or vlogging or starting a YouTube channel it’s kind of all the same thing nowadays where essentially you build a blog or YouTube channel just talking about things that interest you you can talk about essentially anything on the web nowadays I mean some of the most popular channels are just blonde guys running around screaming doing who knows what all the time so if you can run around screaming and entertain people you too can make a lot of passive income on YouTube now I know you’re thinking well it’s not really passive because I have to continue to make videos but that’s not entirely true you see I have another channel aside from this one I don’t actually run any ads on this channel at all but on my older channel I still have a lot of videos I think like 30 or 40 videos that do have ads running on them and every month or so YouTube sends me a check for $100 now $100 a month is not I’m gonna go and retire kind of money but it’s completely passive I haven’t even looked at that channel in probably two or three years I don’t even know how many views any of the videos have I don’t know what’s going on on that channel whatsoever but I know that YouTube is still sending me money from it to this day something you can build up you can up a little bunch of videos you can make a lot of content and then you can just be like am done with this and you can walk away and you can still continue to get paid every single month until well YouTube collapses or your videos just completely stopped getting any views whatsoever something like that now another semi-free one would be affiliate marketing but a lot of people do affiliate marketing completely wrong and if you do it completely wrong then you’re actually going to lose money because you’re gonna be trying to like run ads or you’re gonna be paying something for this or something for that if you do affiliate marketing the right way not only will it be completely free to set up but it’ll also bring you more money in a even longer term than if you try to do it in some short scheme get-rich-quick kind of nonsense like I see a lot of people trying to pull off so affiliate marketing can be pretty passive as long as you do it the right way now another one that a lot of people do in fact the majority of the richest people on the planet all do this particular one is real estate investing now real estate investing obviously requires a decent amount of money to get started in but if you build it up and you keep it going then you can actually have everything managed for you and so you just continue to receive these rent checks every single month and then you just pay the appropriate people to do all their jobs and you don’t essentially have to do anything now I don’t really personally think that that one’s super passive because it can take like decades to build it to a point where it’s actually completely passive and I don’t really like that idea of spending that much time just to build something up I want to build something quick get something going and so I don’t really like real estate as far as a passive income I think it’s a good business model and there’s a lot of people that make a lot of money doing it in fact the majority of the richest people in the world like I said have at least some money in real estate but it’s not super passive in my opinion one that is more passive is just going to be stock investing which is actually pretty much one of the most passive that you can possibly get and I don’t mean day trading because a lot of people they for some reason mistake day trading for long term investing and those two are very very different I compare day trading with like going to the casino and putting all of your money on red and just really hoping that it lands on red it’s essentially like putting all your money on a stock and pretty much hoping the stock goes up I prefer longer-term stock index dividend style investing you know investing in a company that’s paid dividends for decades and is essentially gonna pay you a percentage of the shares that you own or that company every single quarter that is really really passive because you don’t have to do anything you put your money into an account you buy some stock indices or maybe you buy some of your favorite stocks that pay dividends and then every single quarter or some pay monthly they just deposit right into your account and at that point you can choose to either reinvest it or you can just use that money to live off of now there’s a ton of other passive income ideas out there there’s too many to even make a single video about a lot of people might say Amazon is a passive income stream I don’t really think Amazon’s passive I know you can set it up so that you can just have some products that you reorder every few months but that still kind of counts you stuff to reorder inventory so I don’t think it’s super passive a hundred percent but it’s still definitely a great opportunity that you should look into if you’re not already involved but that’s it for this list of passive income streams if you can think of any more drop me a comment below on what your favorite income stream is and maybe I’ll look into actually getting involved in it because I’m always looking for new passive income opportunities if you haven’t already be sure to check out my podcast channel where me and my business partner are be breaking down the ins and outs of the Amazon business model we’re talking about everything all the stuff that we do all the mistakes we’ve made all the things that you should and shouldn’t be doing so if you’re remotely interested about selling on Amazon you need to be listening to this podcast it’s gonna be on YouTube in iTunes be sure to check it out we have new episodes every Tuesday so go check out that channel and be sure to subscribe I hope you enjoyed this video and I’ll see you on my next one bye if you’re working 40 hours a week and you can’t afford that your business isn’t making enough money to hire someone at $400 a month reevaluate then your yeah your business structure is wrong and you’re doing something very very wrong yeah so immediately I would say the moment you can afford to outsource especially basic tasks that you’re just repetitive tasks you do it because you can then focus on growing your business instead of working in it I would say this is failure number one for us not outsourcing sooner exactly let’s ever put out a failure everybody is like I want to do this on my own I want to just buy myself and they never outsource and you should outsource the moment you can afford to do it [Music]