Entrepreneurship Accelerator Program [Breakdown of Over 30 Different Businesses] | Bryan Guerra | Skillshare

Entrepreneurship Accelerator Program [Breakdown of Over 30 Different Businesses]

Bryan Guerra, Entrepreneur | Marketing | eCommerce

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26 Lessons (2h 13m)
    • 1. 1 Course Welcome

      2:41
    • 2. 2

      5:08
    • 3. 3

      5:00
    • 4. 4

      11:27
    • 5. 5

      1:41
    • 6. 7

      8:15
    • 7. 8

      1:36
    • 8. 9

      4:10
    • 9. 10

      5:33
    • 10. 11

      28:19
    • 11. 12

      3:06
    • 12. 13

      3:33
    • 13. 14

      4:04
    • 14. 15

      4:34
    • 15. 16

      4:44
    • 16. 17

      1:45
    • 17. 18

      6:05
    • 18. 19

      2:54
    • 19. 20

      3:36
    • 20. 21

      1:21
    • 21. 22

      1:55
    • 22. B23

      3:44
    • 23. B24

      3:24
    • 24. B25

      4:44
    • 25. B26

      3:12
    • 26. B27

      6:28
41 students are watching this class

About This Class

Every aspiring Entrepreneur usually has to put in countless hours, days, & years of learning their craft before they ever see success.

But what if you could cut your learning curve, accelerate your success, & better identify which Business was right for you?...immediately!

You wouldn't have to wait to find out through failure. You could learn from the successes & failures of other successful Entrepreneurs. And you could profit from their insight.

We'll start by breaking down the main Entrepreneurship Essentials for success. Then we'll discuss the RIGHT & WRONG approaches to starting your own Business or working from home. We'll also talk about the importance of picking ONE Business & mastering it (not getting caught up in trends or trapped by "shiny object syndrome.")

After covering all the most important mindset topics ALL SUCCESSFUL ENTREPRENEURS possess, we'll delve into full breakdowns of 22 of the most popular Online Businesses you can start today. Those include:

  1. Online Courses & Information Products

  2. YouTube & Content Marketing

  3. Podcasting & Monetizing a Podcast

  4. Retail Arbitrage

  5. Online Arbitrage

  6. Email Marketing & Email Autoresponders

  7. Freelancing & Following Your Passion

  8. Marketing Agencies & Service Based Businesses

  9. Investing in the Stock Market, Trading Stocks, & Building up a Dividend Stock Portfolio to Collect Passive Income

  10. Drop Shipping (eBay Dropshipping, Amazon Dropshipping, & Shopify Drop Shipping)

  11. Private Labeling & Manufacturing Your Own Product for Amazon FBA (or eBay)

  12. Blogging & Monetizing a Blog

  13. Affiliate Marketing & CPA Marketing

  14. Tutoring & Teaching Subjects You Love on Sites like Wyzant, Varsity Tutors, & Chegg

  15. Starting a Poshmark Closet & Scaling up to Sell Wholesale with Your Very Own Online Clothing Brand

  16. Starting a Mercari Store & Online Reselling

  17. Starting a Personal Brand & Monetizing it

  18. Freelance Arbitrage (Profiting through Arbitrage from Freelance Sites like Fiverr to Upwork - & Visa Versa)

  19. eBooks & Audiobooks (Other Forms of Content & Info Products that Can Generate You Passive Income)

  20. Growing, Branding, & Monetizing Social Media Followings

  21. Consulting

  22. Reselling to Build up Initial Funds if You're Unsure which Business is Right for You (or Just Need Some Start up Capital)

I also plan to add & remove Business Models from the Course as they become more or less viable to start & profit from. After all, this is the Entrepreneur Accelerator Program! I structured this Course with EXACTLY what I wish was taught to me (& in what order) when I first started my Entrepreneurship Journey.

Enroll in the Entrepreneur Accelerator Program today. Accelerate your Success & realize your full potential tomorrow.

Transcripts

1. 1 Course Welcome: Welcome to the entrepreneurship accelerator course, guys. Now I'm excited to bring this one to you. This is one that I had on the back burner and planned for a while, and I've just recently got time to actually launch it. I think this is a great opportunity for all new aspiring entrepreneurs and even some seasoned entrepreneurs alike to really get the best. You know, bang for your overall bucks so you can understand a bunch of different ways that I could introduce you to entrepreneurship. And we'll do that through a number of different business models. I think there's a little bit over 23 currently on. Then obviously, I'll be adding on as you know, the course gets a little bit more seasoned. Currently, it's about the end of March 2000 and 19 when I'm creating this course. So it's gonna be evergreen. All this information and all the business models will be relevant. And the way that I see it, Ah, good opportunity for the next couple years going forward. But if I think of another business model added to the course, if I think of another way to introduce you to another business opportunity to get it on online entrepreneurship. I will obviously add that to the course as well. And furthermore, if I happen to see that, you know, I don't like a particular business model or some of the people that I network with aren't seeing the same success with that particular business model. I will take it from the course so that you're not, you know, misled. Obviously with certain business models. Every single thing that we're gonna talk about in this course is a great opportunity for you to succeed in online entrepreneurship. But this will just be a general overview of a number of different things and another number of different business models that I know people and myself included. And people that I network with have seen success with dancing success with the quickest and are viable options for you when you want to get in the entrepreneurship. So this will give you a number of different businesses, so you can better identify which sticks out to you and which is really the best opportunity and the best business model for you, your goals and your current situation. So it's gonna depend person to person an entrepreneur to entrepreneur, But this is really the best way I thought of that. I could legis legitimately put a piece of content and a bunch of lectures together that would really introduce you to entrepreneurship and really give you the most, you know, overview off all sorts of ways. Not just one, not just particularly one, but all sorts of ways that other people in the world are really succeeding with all nine entrepreneurship and making a living doing. So I hope your just is excited to break down this course as I am in the next lecture, I'll give you the entire overview of exactly what will cover and the exact business models . And you know, pretty much the general overview of exactly lectured a lecture. What's gonna be taught? So if one particular, particularly excuse me, sticks out to you, obviously we'll go ahead and we'll jump into that one, and you could just skip ahead of that lecture. So hope you're excited. I'm very excited to bring this to you. And with that being said, let's hop into the course 2. 2: So now I want to briefly go over a course overview. I feel like this has been a really beneficial way to kind of outline what the course will look like. So, you know firsthand what's gonna be in the course exactly from lectured a lecture. And when you're going to get the information that you potentially bargained for, that means that if you're potentially interested in a certain topic or certain lecture, you can skip ahead and watch that. Obviously, I would recommend that you watch everything in unison and in, you know, sequence. It will help you better, in my opinion, that way. But I know a lot of people do like to skip around, so I feel like this helps you out so you can kind of see exactly what's gonna be in the course. Like I said, and exactly when. Now, if I do decide to add something, of course I will do one of two things. I will either add something. I'll add a lecture, and then I'll put it in a spot where I feel like it. But it's best suited or it makes the most sense, so the order could shift around slightly it shouldn't shift around much, but more more likely than that. I probably will just add something to the end of the course as we go bonus lecture. So I might just create, like, a bonus section or add on sections or something like that and then create bonus lectures there because as I move forward in my entrepreneurial journey, I'm creating this at the end toward the end of March 2019. It really depends on you know, when you're gonna watch this And if I have, you know, obviously come up with any better ideas or any other business models that I feel like it would be good opportunities for you to make money online or just entrepreneurship in general. Or if I feel like, you know, maybe one of them isn't the best opportunity more, and I take it off, it could be a number of different things, but I really hope that this helps you out, just outlines exactly what's gonna be taught. So obviously we went through the welcome video and just kind, of course overview. Now we're actually gonna touch on the course overview and exactly what will be in it. So in lecture three, which will be the next lecture, will move on to, you know, before starting anything, some important things you have to keep in mind and why I basically created this entire course and what you should focus on with each business model. Then we'll move on to entrepreneurship truth. So some things that you should be careful of and wary of, and also things that you should understand before moving on or investing more of your time into any one of these business models. Then we're gonna touch on an introduction to obviously just the overall. Businesses in general finally will move on from there to the actual lectures that outline each specific business model. I hope that by outlining and giving you all my knowledge on a particular business model that I feel I could be really lose my voice. They're a really good opportunity for you here in this year and in years to come because I really feel like you know this. All of these are great opportunities currently, but all this information shouldn't change to too much. And like I said, if it does, I will add something on to the end of the course Now we're gonna touch on online courses, and I have experienced either teaching or understanding or networking with the majority of of this is stuff that I taught and stuff that I've implemented and actually started myself . So you're getting all my anecdotal experience positive and negative, or for some of them, like blogging like we're gonna touch on. I actually haven't blogged to too much, but I do network with other people that make 10 grand a month online blogging. So I do know other people that are very successful in those fields. Now that none of this is just speculation, it's all stuff that I have experienced with or know. People who are very, very experienced was with, as well, online courses like you're watching right here. There's many ways to create all my online courses in online content that ties in the lecture seven. Here, like you see which will be YouTube and creating YouTube channel. You don't actually have to don't get too too much into into stuff in the overview, but you don't actually have to. If you don't want to put your face on camera or record your own content, there are other ways around that that we can talk about. If you're not comfortable doing that, then we move on the podcasting, then retail arbitrage. Then we'll move on to an online arbitrage overview, something I love and really full heartedly believe in. And for 10 on. I'm not sure why there is a space here, but for whatever reason, were just decided to want to put a space there. So we're just gonna roll with it. Um, so all men are charged them when we go into a little bit of email marketing. No review of freelancing next. Then we'll talk about starting an agency and why I feel like that's a great opportunity in business model. And then we move on to investing. Drop shipping, Amazon private labeling, blogging like we talked about 18 finally affiliate marketing. Ah, little bit of tutoring. Now I didn't put CP a marketing on here. There's a lot of reasons for that. CPM marketings agree opportunity in a lot of ways, but I just prefer, you know, to tie that into it to affiliate marketing. So we'll touch on CP marketing a little bit in the affiliate marketing lecture, then to during something I was probably the first thing I ever started. If it wasn't an agency was online tutoring, posh Mark macari, personal branding, overviews of each business and what they actually mean. So, you know, important things to keep in mind, you know, for you when you're actually choosing one of these businesses and, you know, investing feature time into it. And then finally we talked will touch on course questions, if you have any specifically. So that's the general overview of the course. Guys, I hope you're excited about it. I think that this is a really, really great way to introduce a bunch of ideas to you so you can get the most bang for your buck and really realized, OK, what's most important to me? What do I like? What sticks out to me and what stands out to me on and what fits my goals and overall schedule, The best 3. 3: So now I want to move on to, you know, before you start anything before you invest too much sweat equity or time or money into anything you want to really understand And ask yourself what are your goals? So you can better identify what business model is right for you and your current situation and your potential future goals. So, you know, you have to ask yourself, what? Your financial goals, what do you what the time are you willing to be? You know, what time are you willing to invest into this business? Potentially. And you know what works with your current schedule? So just out on a few different points on those you know what works with your financial goals is you know what financial goals you have set and what's the time frame that you have them set in? Is your goal just to make $100 a day to start? It's important to set good milestones. You don't want to just jump jump ahead. If you've never done anything like I want to be, Ah, billionaire. Now, I'm not saying you can't get there by only, and you totally can. If you're willing to put the work in, and you know, that's a little bit beyond the scope of this course clearly, But, you know, it's important to set milestones, you know, and little kind of pegs along the way. So if you haven't done anything entrepreneurship yet, maybe you set a goal of making just $100 a day in entrepreneurship or, you know, maybe $100 a day and passive income. Or maybe it's $1000 extra month in in one of your entrepreneurship ventures. This is what I mean. You got to set those types of goals. If you're a little bit more tenured and you've been along the process before and no 1000 month is you know what you're already making or a couple grand a month is already what you're making that maybe you want to double that. Maybe that's your goal. And maybe you want to say, maybe you're making 40 grand a year at your job right now, and you want to be making ah, 100 grand a year by the end of the year, something like that. Well, then you have to ask yourself, OK, that's a 60 grand, you know, basically missing 60 grand there. So how many? How many months left left her there in the year and how much you have to make every single month? How much do I have to make every single week, How much you have to make every single day to hit that milestone? And then what business that that we're going over in this course really seems to fit that and interests me as well? You have to set those milestones. You have to set those goals. And it's important to do the millionaire math. As Grant Cardone likes to say, Do the math. It's super super important to set these goals. I know it's corny, and I know it's cheesy. And I used to say this type of stuff all the time when I first started entrepreneurship and , you know, I'm a little bit past it now, so I don't, like, preach like motivation stuff all the time, but it is so super true. I mean, it's just like setting the sale of your sail ship. You know, if you don't set that you're never gonna you're gonna you're gonna be off course. You never gonna know where you're going. You could have the best plane in the world, as they say. But if you don't set the coordinates, you How you gonna get there? You're not. So it's important to set these goals financially. Then you also want to set your goals. You know, time invested wise, are you? You have to ask yourself these questions. Are you an 18 year old with all the time in the world? Both daily? You know, you know, Are you willing to work weekends? That's another thing you need to ask yourself. Or maybe you are. You know, Ah, 40 year old and you have kids and you have a full time job. You have to ask yourself these questions. You know, not just financial questions and set financial goals, but also time invested goals, you know? Can you afford to work a Saturday? Can you afford to work a Sunday? You don't have to be a whole a total workaholic to be successful in any one of these businesses, but it's going to help, and it's gonna shorten your year period in between where you are and where you want to be. So these are important questions to ask yourself and my young. How much time do I have? Can I work weekends? Do I still want to? You know, do I still want to set time aside to to hang out with friends and family? You know, all sorts of questions like that. Maybe you have something that you already value a lot, too. And you're just looking for some extra money. I hate these pop ups with the new Windows update. Maybe you're just looking for, you know, something to make you an extra $1000 a month. Then you don't have to spend 40 hours a week doing that clearly. So these are all questions only you can answer, but I hope that I brought you know, enough questions up to get you thinking so that you write these down and set them yourself . Then currently, what will work with your current schedule? So, like I said before, are you in school? Maybe. Maybe your 16 year old kid. And you're just you're intrigued by entrepreneurship because you know everybody in their mothers and entrepreneurial now. And Gary V made it really, really cool. Maybe you want to be an entrepreneur, but you're still in school, and you still have to get through high school or something like that. Then clearly you can't work, you know, from seven in the morning till, you know, maybe three or four in the afternoon, those air, all times that you're gonna be in school. So these are questions you need to answer. You could also be a potential parent. Maybe you only have the time to work from when your kids go to bed. Teoh. You know, when you wake up in the morning to go to your job like I said, all questions you have to answer. But I'm just kind of giving you ideas to get you thinking about this. I highly recommend that you write all these things down, process them and figure out OK, What What am I What do I have? You know, what are my financial rules? What? How much time do I have to invest? And how much time am I willing to invest? And then where can I kind of get around? And what can I actually put into this almond oxford worship journey? Because if you just kind of, you know, go willy nilly into it, you could have the best intentions in the world, but, you know, and even great work ethic. But if you don't set that sale of your sail ship, so to speak, you know, it's gonna be really tough to actually get there if you don't have a goal. So all these things are important things to ask yourself. 4. 4: So now I want to talk about the key with entrepreneurship and what you should really understand just overall before jumping into any of these businesses and just some overall, you know, a central things that I found in my two years and my journey through entrepreneurship that are really, really important, I think will help you along the way. Just mindset wise and understanding this If you if you watch this lecture and this is the only lecturing the course, obviously outside of this particular business models, if this is the only lecturing the course, this will really help you out a lot. I think so. Pay attention. Now you do want to try a bunch of different things you just to figure out, especially when you get started just to figure out what works for you. What doesn't What's in what interests you? What doesn't. You might think that, you know, drop shipping, for example, which is a business model will take. We'll talk about if you don't understand it. Interest you You might think that you know, you see all these people on Instagram with all these drop shipping sales and a Lambo same example, you might see, you know all these people private labeling on Amazon with lamb bows and nice cars. And you might think that that business model interests you. But the thing is, you won't know until you try it. So what? The whole thing I'm trying to say here is you might want that lifestyle, but not that actually actual business model. And while it is the business model that will actually make you the money and bring you the happiness and the sense of purpose that you know that we all long for as an entrepreneur, So try a bunch of different things. You never know what's gonna work until it works and you actually hit on it. I must have tried at least 50 different businesses to get started. I can remember all the way back, Teoh. I've resold things, all sorts of things. I started. I did online tutoring, which is something we also talk about. I started an agency which I absolutely hated, and we'll also talk about now. That's a great business to get into when you're you know, when you're just getting into entrepreneurship because for a lot of different reasons, I don't want to touch too much on it in this specific lecture. But it is a great business to get started. I just personally didn't enjoy it. Now I have friends that do it and love it and swear by it. But it just wasn't for me. So I tried so many different things. Then I tried drop shipping, didn't really like that. Then I got in a private labeling kind of like that hit with that. And then I kind of just started building up other things that I got into content and online arbitrage and my my focus and what I enjoy has shifted a little bit. And I must have tried over 50 at least 50 different businesses and maybe only five of them stuck out. And then I was actually good at and really could have paid the bills for me. So then it's important to understand you know what you like and what fits their schedule and all your goals, like we talked about before. So the important thing I want to touch on is try a bunch of different things because if you don't try a bunch of different things and just go all in on a particular business model right away. You might absolutely hate it. And then you put all your eggs in one basket, and that's not the right way to go. That's not the right approach, because the reality is there really are a 1,000,001 ways to make money, not just online. There are 1,000,001 ways to make money online, but just a 1,000,001 ways to make money in general. So don't get, you know, kind of one track focused until, you know, you actually find that one that fits you and that you really like. So there are so many ways to make money online, Don't you know, don't have that scarcity mindset. And there's so much abundance out there now, once you do find it. So you've tried a bunch of things and you understand just how many ways there are to make money out there. And finally you find something that you love that you seem to be good at that seems to be working for you. That's when you take that and you go all in on that one in particular. You want to become one of the best in the industry at it. You want to know all you can about it so pretty in particular. For an example, I teach a private label on course, and people always ask me all the time, you know? Okay, what's the best advice that you can give me for Amazon private labelling or something like that? And my best advice is you can learn all the tricks of the trade. You can learn how to do product research. You can learn how to slap it up on Amazon. And, you know, basically, you know, optimizer lasting and learn how to run PPC and all that is important. But guess what? Every other serious seller on Amazon knows how to do that stuff, too, so you have to become the best at it. You have to learn all the best techniques you have. That means going in and reading all of the terms of service that Amazon provides you everything that's allowed everything that's not allowed, different loopholes, that what you're learning, And you could basically better combat other potential competitors when they make a move like that, because it's a competitive place. But competition breeds, you know. Competition is an indicator of money in the market place. That's what I always say. Especially for privately. What I'm trying to say is it really separates the men from the boys and, you know, it's just a neck sprechen except that separate the girls from the women to, you know. But it really separates the serious from from the people that are just kind of trying to skate by And you know, the dedicated to the people that are gonna fall off if you can really go in and learn the terms of service and read that 50 to 100 page terms of service and no, it like the back of your hand because you want to become one of the best in the industry. Once you find it, go all in on that business model. I promise you, if you go all in and you dedicate yourself, it will make a difference. And it will pay off everybody that you look out across the board whether you know, they're, you know, flaunting stuff on instagram or not. I guarantee you, if they're successful, the business, they learn a lot about the business and they're one of the best in the industry at it. You don't get that that success in that platform, if you're not, so keep that in mind. That's an important distinction. And with that being said, I want to refer to a quote from Mark Cuban. I'll pop that video up on the screen in the second base. Basically the power if I paraphrase. Excuse me. What he says in that is you. Can you if you're going to start a business that competes with one of my businesses And I'm speaking as Mark Cuban here, you know you better. You better be working 24 hours a day. You better be a professional at that. You better know everything that there is to know about the business. And you been every working too. Kick my ass, so to speak. Because I'm gonna you better believe that I'm gonna be doing the same for you. So I'm gonna pop that video up on the screen. But it's an important message for new entrepreneurs and seasoned entrepreneurs alike. Whatever business you choose, you better know everything about it. And you better be going all in or you won't be successful. So here it iss. If you start a business, you better know your industry and your company better than anyone in the whole wide world because you're competing. And to think that whoever it is you're competing with is just gonna let you come in and take their business. Obviously, that's naive. And I think most people don't recognize that if you're gonna compete with me on one of my business is you better realize that I'm working 24 hours a day to kick your Now I do want to touch on the shiny object syndrome here. That's important, you know, thing to touch on as well. And this is something that not just I look across the board to other entrepreneurs that I network with other entrepreneurs that ask me questions, other people that email me or message me or, you know, you know, ask me on social and one of the main things. And like I said that I do this as well from time to time and still get caught up and have to kind of re ground myself and catch myself one of the biggest issues that I see a shiny object syndrome in the entrepreneurship community, you know, so too many people jump around from business to business without focusing on that thing. So, like I said, you find what you want and you go all in. That means that if you're doing drop shipping and you're all in on drop shipping, well, then guess what? You better stay all in on drop shipping just because you're scrolling instagram one day or you're watching a YouTube video and something pops up and it's you know, how I make $10,000 a day with with a team vending machines or how I started this business that pays me 100 grand every month. That means not getting caught up in the shiny object syndrome and, you know, being what's this all about? You know, Should I should I'm or for my attention to this one now because this one looks like it's more lucrative. That is a huge mistake, and everybody makes it, including myself. So you have to constantly be reminding yourself of this not to get shiny object syndrome, because the reality is like I said, there are a 1,000,001 ways to make money online. But if you don't stick with one and you don't master it like Mark Cuban alluded to, you're not gonna be successful. The idea here and we're gonna talk to on it here in a second with diversification is not to have a bunch of little income streams that are paying you $100 a month. The goal here is to go online on one that pays, you know, 10 grand or more a month, and finally get become one of the best at it. And then once you're you're there and you understand it and you kind of, you know, shift some of your attention. Then add another one but only one mawr and then master that and then once you have to master and you kind of shift some of your attention and add one more, it's a process. You don't want to just go. You know, start five income streams at once. You don't wanna start three or even two income streams necessarily at once. Now the two is a little bit. That's a little bit gray area, because you could have won that kind of plays off the other kind of like content business. So that's something that also keep in mind. But just you know, the general idea is don't get shiny object syndrome don't get caught up just because the next person looks like they're making more money or having an easier time. That's a better way to put it. Having an easier time making money with a different business model. Pick one, go all in and don't focus on what anyone else is doing or how much other people are making master your business and it will pay off for you. I promise you that ties me into the point on diversification. Now I get asked all the time, you know, should I diversify? When should I diversify? How many income streams should I should be? The goal and people are, you know, diversification is important. You wanna have diversification and you know your finances. You don't have diversification with the platforms that your own like you don't want to just be invested in instagram. You want to be building your Facebook or your potential YouTube or, you know your Twitter at the same time. Or whatever the examples. You don't want to be too invested in one particular thing because there's so much riding. You don't want all your eggs in that basket necessarily. That said, diversification should only happen like I touched on before. Once you master something and then you're at the point where, OK, I'm pretty pretty good at this. I'm making good money with this. Is it time to, you know, just start building another income stream on the side so that I'm not just 100% invested in this This one business, that's the only time. So, like we talked on, I'm gonna hit it home. You want to figure out what works for you? Figure out what you like. Go all in and master that, then Onley once you can master that and on Lee wants you can. You can kind of shift some of your attention without losing money in this business, because that's a huge estate people make When they start to diversify or start to focus on diversification, they lose track of the first business and then they end up with two businesses that pay them less than the 1st 1 was paying them initially, when they focus on it fully so on Lee, if you can focus and Onley when you can focus a little bit of your attention on another place without losing any any potential, you know money or without losing any potential focus or without losing any attention on that business, you know, to keep it going. Then you confer focus on diversification and Onley then. So ideally, like I said, you know, the only thing that I would really understand that can play off each other is a content business where you're creating content and documenting, you know, spur our particular business model. That's the only thing I can actually think of, You know, your courses, your usual channel, which will actually touch on really early in this course. So pay attention and those air coming soon so that you'll fully understand what I mean. But with that said, you know, I just wanted to touch on that point cause it's very, very important. But these air, all some of the most important things that I've learned is an entrepreneur, you know, not just learned overall, but learned the hard way a lot of times, and I really hope that you pay attention to this lecture. If you watch any one thing Like I said, it should be this lecture and this is really, really important. It might not sound important to you at this point in time, but you don't want to be making you the stakes. They will hurt your progress, and they will hurt your financial bottom line if you don't pay attention to them. 5. 5: Now, before we jump into the actual content in the actual business models in the next lectures and the lectures to come in the rest of this course, I'm going to go over several different online business models and several different online business ideas that you can get started with. That does not mean like I taught Sean before go after all of them or even a couple of them unnecessarily the's air, just business models that I have experienced with that I've tested. And, you know, I've seen potential success with or no other people that has had success of them and know that they're great opportunities. That does not mean pick them all. That does not mean pick a bunch of them. It means figure out what works for you the best. And then maybe, you know, try one and go all in on that. And if you don't like it, if you've given it your all, and you've given it a test and you know you're a month or two win and it doesn't seem to be working, then come back and try another one and figure out what does work for you. You want to try a bunch of different things, like I said, but you don't want to try them all at once. Focus on one. Try to master. Try to learn it. And if it's not working for you, it doesn't seem to be working for you. That's totally fine. There's a 1,000,000 other ways to make money online. So these air just business models that I recommend to you. I hope that you like them. And if you have any questions whatsoever throughout this entire process, ask it away. I would love to help you out with it so you can make money with any of these business models that we're gonna get into here in the course in a second. But just pick one and master it and then move on. If you don't like it. And if you do like it and it starts to work for you, then Portmore fire on that potential on that metaphorical flame and you will. You know, obviously, the more time investment, the better you get at it, and the more you make mistakes and learn from them and adapt, you will start to see more success on it. So that's the that's the basic you know, coach speak that I wanted to touch on and with that being said with jump in on the fun stuff and start going over some businesses. 6. 7: all right. So the next business model next form of entrepreneurship and getting into entrepreneurship that you can make money immediately and really monetize an audience potentially, especially when you're first starting out is one of my favorites as well. And it's also gearing towards creating content. So obviously on the screen, you see start a YouTube channel. Now you can monetize YouTube channel in a number of forms and fashions a number of ways. Most people only focus on the ad revenue and you know, they worry. Oh, you know, I can't get those those 1000 subscribers in the $4000 of watch time. How am I ever gonna make money on YouTube? But ad revenue? I've been on YouTube for about two years now at revenue. I'm probably making about 600 a month consistently in ad revenue now, but you'd be surprised there is so many ways to monetize a YouTube channel. If you're only focused on ad revenue, you're going. You're really, you know, kind of getting the short end of the stick, and you're kind of dropping the ball. So obviously you have add revenue. There's a number of ways to increase your ad revenue. You know, it's a little bit beyond the scope of this specific lecture because there's so many different techniques out there. You also have patri on, which is another membership site that you'll see a lot of times you also have affiliate marketing, so you can put affiliate links. If, for example, I'm in in the entrepreneurship nation like the finance niche, I confined affiliate links. So if specifically if we just pull up a YouTube video right here and I'll show you an example of this so it's view the channel and you'll see there. So it's 5 63 It goes up and down. It's about 600 a month on average. Let's go over this last video making $100 a day with 100 flipping used books. So if you look here, you know, obviously we got courses that I'm selling, but affiliate links at the bottom. So all monetize with affiliate links to, and you could do this right away. You're gonna monetize right here. We have, like my YouTube set up in everything that I basically use. I sell that so anybody that clicks that potentially buys one of that again affiliate commission. Also So those are things I use every day in my business. I also recommend, you know, entrepreneur books and getting started books in my description. And I also recommend free stocks because I purchase purchase. I saw purchase right there, and I wanted to say purchase, uh, also invest on three different sites. I've my Roth ira on him. When finance I play around on Web a little bit and kind of just test stocks and then Robin Hood. I obviously invest pretty seriously, so that's basically affiliate links. In a nutshell for you, you can obviously monetize with affiliate links. You can also monetize with CP a links as well. They're basically the same thing for any that don't know. Basically, with affiliate marketing something we recover a little bit later. You're basically getting commission for driving a sale to a company. So you're basically facilitating a sale and you make a slight commission for that with CPM marketing its cost for actions. So basically, you get you know, the one that I like the most is free opt ins. So if somebody basically submits an email, you don't have to purchase anything if you get somebody to Smith their email and become a lead to a potential company that could potentially sell them with their sales department. You're gonna get a commission for that as well. So very, very similar. Slightly different will cover more about that later on. If you're into that, but you can monetize using channel with those literally right off the bat. Furthermore, you confined there so many different CPJ networks. There's so many of our affiliate networks out there, and you can find an affiliate link or C P a link for literally, almost anything in almost any niche, then, more importantly, brand deals and sponsorships. So you would be surprised you can actually get a number of grandiose and sponsorships as a smaller creator. Now, you might not be able to get it right away with, like, 50 subscribers, but if you have a couple of 100 or close to 1000 there's no reason you can't expect to not get a brand deal or a sponsorship if you play your cards right. And there's a number of different places where you can, you know, basically apply for brand deals and kind of apply for sponsorships. And actually, if I can find it all pop a stir, a study up on the screen right now when it basically goes over. Why a lot of companies air gearing towards smaller creators with more passionate fan base is because they don't have to spend as much money on a larger creator with a broad audience where their fan base isn't necessarily as targeted. If you have a specific niche and you have a passionate fan base and passionate audience that you really follows you and loves you, then a lot of brands will be willing to spend a lower amount of money and, you know, lower amount of money to sponsor you potentially for a post or for a a video that you're creating because they know that you have a more niche and dedicated fan base that is going to trust you, a lot of people, and this is another survey, but I don't know if I can link to one. If I can find it out, pop it up on the screen as well. But a lot of people that basically following smaller instagrams, smaller incident pages or smaller YouTube channels have ah, more personalized connection with that person on they'll trust them or with a bigger channel. It's pretty obvious when they're getting a brandy or sponsorship. So you basically turn off and you don't You're not susceptible to a lot of times. It's just like a pitch. And it doesn't necessarily get the most bang for its buck that the brand owner and the sponsorship I wanted it to. So if you're if they're spending their money on a lot on a smaller creator, a lot more people are willing to trust that person because it just seems something that seems like something that's being recommended to them. You can also sell urine products is something I do as well. So I sell physical assault digital products. You also sell physical products you can sell drop shipping products from my shop by store. You can also integrate You know, your own T spring store, which is now full integration on YouTube. You get that tea spring literally right below your right that real estate right below the video, you can start selling with your tea. Spring store integrates right into your YouTube channel. You can also sell a service, so an example of this might be five or Giggs. Another example of a service is consulting. That's something that I sell. You can also clip other people's content on my mate to too much into this because I don't necessarily recommend it, especially for beginners. But if you're not, you know, willing to get front of the camera and you don't have to get in front of the camera. I started my entire YouTube channel, and my entire student based grew to about 100,000 without ever showing my face on camera. I just recorded my screen and you can go that route. But if you still don't want to do it, you can obviously use other people's content and clip it down. If you want more info on that, I don't recommend doing that. But I can give you more if you want to just reach out and ask, Um, so Super chat. My on live streams is another great way that you could monetize. Gamers do this all the time, and basically what Super chat is is It's a donate button, essentially for lack of a better word while they're live streaming and what that basically does is it highlights your comments so everybody in the live stream can see it and you get more emphasis on it. It's a great way to collect money while you're live streaming and another way to make money with YouTube channel. Then you have the joint and doing a But now you're not gonna get Get this. As you knew, YouTuber. I believe the threshold is 100,000 subscribers. So for the majority of you, you know, we're just gonna ignore that. But that is a way to monetize that I wanted to add. And more importantly, probably the best way is just growing audience and build a brand. So basically, just grow a legit business, always just a plumber Example if you're a plumber and that's the most random example I can think of. That would make sense, because if I can tie this into a former, it literally ties into every other nation. Every other business idea. So, for example, if you're a plumber, right and you want to drive leads to your plumbing business, well, there's a lot of different things that you can dio. You can start creating videos on plumbing or creating videos on fixing your pipes and creating videos on you know the best way to, you know, I don't know, save money, improving your plumbing. I'm not a plumber. I don't know that much about it. But what that's gonna do is YouTube's gonna organically suggest that content that you're creating about that stuff, two other people that are more inclined to want you to be as data and information on everybody. And what that means is you're gonna organically start to get Leeds pushed to your content. And those people that are watching your videos are gonna b'more inclined to a what do you think? I want to improve their plumbing so their potential leads for your business. Now it's a random example. But you could basically tie that into everything and any business or any niche. And it's a really great way to basically qualify leads for your potential business and basically qualified potential customers. So that's really the number of ways you could monetize YouTube channel. I highly recommend that you go this route as well. You know, you can start creating content, throat and creating courses. You can also start creating content on the YouTube channel, and it's a really, really great way to get in entrepreneurship with low risk or practically no risk at all, you know, and here's a number of ways that you could monetize it. 7. 8: so very similar to a you tube channel or creating content like an online course is also starting your own podcast. Now this is a number. It's great for a number of different ways, and it might be right for some people, whereas YouTube channel might be right for some people. And it really just depends on you know what works for you and what you'd rather create, What kind of contact with you rather create. Also, you could just kind of do a shortened podcast that took a 15 20 minute podcast or something like that, were given a 10 minute podcast or something like that. Slap it up and create a podcast, but also film it as well. So, you know, a lot of people do this and then they slap it up on YouTube. One of the podcast that I love watching is Joe Rogan, so powerful J. R. E. And he does the same thing. But he's just one example. There's literally thousands and thousands of examples. People that do this and audio is blowing up. Right now. It's it's made a huge, huge comeback. A lot of people love the ease of just listening. You know on the go. And if you think Amazon Alexa, you think Google home? You think Facebook portal? All these home devices are moving towards audio. So podcasting is a great opportunity to create content right now, which, you know, you could basically monetize. And there's a number of ways to monetize podcast. Obviously, you're gonna have to go out and find your own sponsorships. But you can also, you know, basically charge for downloads and that way and that, you know so and so forth. Or you can also upload it to YouTube and, you know, monetize it in the ways that we just talked about with the YouTube channel. This is a different medium. It's a different audios, different medium. That video, obviously, and it really just depends on what interests you and what you like and what sticks out to you if you want to try to go for it. But you might as well try this and YouTube at the same time because they're very, very easily integrated and could do both 8. 9: all right, moving on to one of my favorite business models. Now I like this in a slightly different fashion. I want to talk about the next lecture, but Reto Arbitrage is a great, great way to make initial capital. And it's a great business that you could basically start and run for years and continue to make consistent money every single week, every single month, depending on where you're re selling. We'll talk about that in a second on, obviously, depending on how much inventory you could go out and source for a good profit margin. And you could do that in a number of different places. I love retail arm charge. If I did a YouTube video not too long ago, that was basically like What would happen if I lost everything and had to start over? And this was Number one. This was Step number one. This and obviously the next lecture as well. Basically I would do is I go out and do arbitrage and, you know, basically find stuff that I can resell for, Ah, high margin and just stack my money up to get a little nest egg to invest in some other kinds. of businesses. So you can, you know, do retail are Josh and source products at Freemark Flea markets for very cheap that you can then resell back online. You can also source products at the dollar store. So if he source of product at the dollar store, obviously for a dollar or even cheaper, sometimes you can then go ahead and resell back online. If you know there's a market for it where you know that you potentially sell it on, make a profit. That way you can also source on good source from Goodwill stores. You can source from thrift stores, and you could practically source from anywhere. There's a number of ways to do that. So two ways and obviously to in the marketplace is we'll talk about reselling here in a second. On are Amazon and eBay. Probably the two biggest marketplaces on you come down with the Amazon and eBay app, and what that will do is when you scan items, you'll see that you'll be able to test the market out for it. You'll be able to see what they sell for other potential listings and other potential sellers that are actually on the marketplace. already. So you know what they're selling for and whether or not you can list it and potentially by it to resell back online for a profit. Now another great way that you can do this is you know you can start Senate scanning items in the store, but not just with the Amazon, eBay, Amazon and eBay app. You can also download and pay for another, more premium app, and if you're just getting into it, I would just recommend going with Amazon and eBay F. Because it will kind of integrate you while you don't have to spend money. But if you're serious about going this and scaling this up, there's a lot of people and i network with some of them that literally do this full time and make a killing doing it. And they use premium maps like scat. If I two or profit bandits or pap pictures them up on the the APP. Start up on the screen right now for you. If you want to go that route. So retail arbitrage of great great idea and a great great business model. If you're a nuanced nor and you're serious about recently now where can you resell back on , you know, all night. So we talked about Amazon. We talked about eBay, obviously one my favorites and up and commerce is Qari right now. So I've ripped in selling on Riccardi honestly for, like, two or three months now. And I think I've sold like, ah 100 items so you could do the math there. That's practically on average of a little bit more than one a day. So it's pretty crazy, and there's a lot of a lot of people on there ready to buy great great marketplace. It's a lot like eBay in a lot of ways, and it's up and coming posh Mark. Another great place is basically where you can resell clothing, so you can also start with clothing from around the house to make some profit. Or you could go out and source from thrift stores or anything like that and resell clothing back on posh mark just like Macari. It's very, very up and coming, and you know there's a lot of people ready to buy on posh market. You would be surprised. I dare you to try both of them, then let go and offer up our to base. You know, APS and websites where you you're really gonna sell a lot of locally. So if you have bigger items that you're gonna, you know, basically get at, like, a garage sale or, you know, you know, in a state sale or something like that, anything like that, a yard sale, and you can't basically, you know, ship them because it doesn't behoove you to ship them because you wouldn't make a profit because it costs ship them. You can sell them to people locally with an app like let go or applique offer up. And you can also ship them locally without with Craigslist, not ship them. You can also, you know, three sell them locally with Craigslist and Facebook Marketplace. They're also great marketplaces to do that as well. Now offer up does let you do shipping as well, so it can be a little bit like eBay and macari. However, the majority of things that I sell on offer up and I haven't done it that much. I just know a lot about the platform. Our local just like let go. Craigslist and Facebook Marketplace 9. 10: So now we're gonna move on to online arbitrage in online arbitrage. Don't just difference from retail arbitrage in that retail arbitrage, you're going from store to store and you're sourcing, you know, in retail stores or thrift stores. Or Goodwill's like the examples I gave you and your actually physically going out and buying items in stores and then reselling them back online with online arbitration, strictly sourcing products online from your computer right in your home, and they'll come to your house in your door. That's why I love online arm. I prefer the online root, but a lot of people do retail as well. It just depends on what you know what's local to you, what you enjoy doing and what sticks out to you the most. So I have three main ways that I do online are trash, and I actually make a killing doing this still to this day every single month, first and foremost is coupon arbitrage, so we'll talk about a few coupon arbitrage sites. I'll pull him up so examples I always go over and I have countless tutorials on my channel doing this are vpon. So basically with what dip on is is you're gonna get stuff really, really cheap with coupon codes, and then you're gonna resell it back on the market place. A lot of times it's gonna be EMS on. Sometimes it'll be easier. Macari. And if it's like, you know, workout pants like this result on Posh Marcus Well, so that's basically coupon arbitrage. Another example of that would be like snack shout. But like I said, there's many examples. I go over countless countless tutorials on the channel if you want to check them out. But another example. That snack shot. You just basically get coupon products. Look, a dollar 60 for this $14 for these 50% off. That's 90% off, 76% off, you know, So you can basically buy buy cheap products here on coupon sites and resell them back on line. So the next eyes both deal arbitrage, so it's a little bit different now. What a book Deal site is so an example of a both. Your site is like slick deals dot net, often on countless tutorials on. I've done countless tutorials on the 3rd 1 which we're gonna talk about here in a second liquidation arbitrage. So with both the alarm shot a little bit different, the difference between both deal arbitrage is with the coupon sites. You're only buying one off products, so if I buy this specifically, let's find a good example right here. So this is 50% off if I buy this. This is the best example, usually confined better ones. But let's say I buy this for 11 99 and I'm reselling it back on potentially Amazon or eBay for its retail price for 23 99. Well, that's over a $10 profit margin, right? But I'm only gonna buy one of these most of the time, so I have to find a bunch of coupon products to make money. There's a lot of great opportunities there, but there's also drawbacks. Here's a better example. You're gonna spend 9 86 to potentially make about 20 ish, so there's a great opportunities there because the margins are very high, but you're doing it at for one product, usually with the bulk deal sites. However, you're gonna look for one product. You're gonna look for a great deal in one product, and once you find that one product like this, for example. There's probably a bunch of other better ideas and better deals, but we'll just use this as an example. So for here, you're gonna find okay, T mobile, WiFi cell hot spot. You're gonna buy it for 40 to 40 bucks with this bulk deal discount and your retails, usually at around 109 So what I would do is I would go check all the different marketplaces , and we'll recap them here in a second of where this is selling. Search for on all those marketplaces, see what it's selling for on those marketplaces. And if there's a demand for it and then if there is, I would go ahead and buy a bunch of these at 40 bucks. So let's just pull out the calculator to show you an example. Like I said before you're buying one off products with this, you're gonna buy a bunch of them. So let's say I decided to buy I don't know, 30 of these for 40 bucks, right? So I'm buying 30 of them for $40. That's 1200 bucks that I'm gonna spend just on this one listing. Now, you guys might not have 1200 bucks. Let's let's go a little bit. Let's just say we're gonna buy 10 of them. OK, so 10 times 40 is 400 bucks. What? Mess it up just to show you $10 or 10 of them times 40 bucks is what your pint bang paying for them? Excuse me, 400 bucks, OK, but then your margin is 109 minus 40. And let's say you sell it a little bit cheaper to either sell them fast on the marketplace or get the by box if it's on Amazon. So let's say you're going to sell them at 105 So 105 times 10 then is 1000 50 bucks, Right? But you spent 400 bucks to make to get all those. So your profit margin is still 650 bucks, and you're only doing it with one product and one listing, So that's a difference of both your sights. You're only looking for a good deal on your buying a bunch. Hence the bulk of that listing on, then reselling it off for that same high margin. With the coupon sites, you would get great margins. We have to keep doing it with everyone. Product. So that's kind of how those work now number three to touch on is also liquidation arbitrage . Now there's a number of different liquidation sites. I'll give you two examples so bulk dot com and smash shots dot com You can basically source liquidation pallets. And if we just kind of looked really fast here we go to let's go toys in and, uh, games. You're gonna find liquidation pallets of a bunch of different stuff that basically, you know, stores haven't been able to push and have been able to sell at retail. So liquidation companies like bulk or smash shots by them up, or they'll ship him into those companies at all at a loss or just on a break, even profit. You're gonna get a lot of these in bulk for very, very cheap, and then you can again resell them back online. So three different ways to do online arbitrage. I personally love on that arm charge, and I make a killing doing this every single month and just to recap again it goes, same goes. It's just a difference in sourcing. So with online archives for sourcing online and then you're gonna still resell them back on the same overall platforms. 90% of the stuff I resell back on Amazon. You can also resell back on eBay. Macari posh Mark let go offer up Craigslist and Facebook Marketplace. 10. 11: All right, So now you've gone to another one. That's one of my favorites. And I actually did this a lot in the past. I used to do this so, so much. I since have gotten away from it because I've documented doing this so many different times . So what actually used to make me money with my landing page? And I'll actually show you that literally all of this at the end of this video. So if you like this business model, stick around, This will be a long video for you demonstrating the entire process and how I used to perform it at a high profit margin. So I used to this a lot, but then obviously had documented that process. As always, I like to show these types of things so that you guys can learn from them. So since I started to show it and a lot of people would get onto that email list, I wanted to kind of get away from it and stop selling on that particular landing pages in that particular email list. So basically wouldn't email auto response sequences is how I used to make money. Doing this is you're gonna give away something free on the landing page on. Then you're gonna capture an email. So to give you an example, if we pull up a landing page really fast, right here, go to BGE. Meaning innovation Free course. This is an example of a landing page that I capture emails on If it loads. Basically, I give him a free drop Sherman course, which is, you know, 23 drops German courses because it says for a limited time, you also received my shop by one. So give me my Amazon, the option, of course. And my Shopify jobs, of course, 100 sent free. And this is always linked in my my YouTube videos. It's linked at the end of all my courses and basically what I used to do. I don't do it anymore. I don't sell from this actual anymore. And on a breakdown, this entire business model here for you in a second. So stay tuned if it interests you. But what happens is people come here and submit their email and then they would get the obviously the courses delivered right to their email. But then what that would do was send them through an email auto response sequence that was already automated to basically pitched them affiliate products picture mother of other courses in content and products that I had and make me money. So that's the gist of an email response sequence. So, like I said, you're gonna give away something free, for example, of fridge option, Of course. But it could be anything literally, anything across the board. It could be a cheat sheet. It could be, you know, a free, you know, video on something. It could be literally anything. As long as it relates to your nation potential customer base and they're gonna capture their email. You're also in those email. In that even order response sequence, you're gonna offer value and content in most of the emails. So if you're even order response sequences, 20 emails long every other day or something like that Well, then you're gonna offer value in maybe 16 of those emails, and four of them are gonna be sales pitches to potentially sell. You don't want to just keep hitting people with sales pitches or they're going on subscribe . They're not gonna like it. So like I said, you also wanna mix in some sales pitch is an affiliate offers, but the majority of it should be free value and content in most emails. Now, one of things I want to touch on is I've done so many videos on this, and I clipped three videos here, for example, that I'm actually going to post after this. So it'll jump into these three videos simultaneously. Now, I will clip these videos down for you so that it literally is, you know, the most streamlined and understandable that I could make it for you. But I've done over probably, you know, at least maybe 1/2 hour, 45 minutes or something like that of right here. I literally break down the entire business model in a walk through. You can see this picture right here and literally walks you through How to set this up? How to drive traffic, how it should basically be format. And how you can basically get the most bang for your buck. When you set this up, I will clip this lecture down and will be next. Then I will also try to clip this one. I'm gonna watch us to make sure that a lot of it's relevant If it's confusing, I might not add it. But if it is, it also has great value. I will make sure to add this one as well. And then I will add this one which will literally walk you through the entire thing. So not just the how how the landing pages set up, but also have every single email that I had in the sequence. So it'll give you an example of I'm not just telling you. Oh, you have to give content. You have to give value and you have to also sell. No, I'm gonna literally, in this one, I'm walk you through everything. So I'm gonna literally walking through every single email that I sent in that sequence to drive sales and make money. Obviously, I added on Since then, I think I documented, like, 15 or 16 or maybe 20 of my first emails that ended up being, you know, once I was finished with it, like, 30 or 40 long. But it's gonna give you a really great idea of exactly the types of emails that you consent to Eggo value and B cell to make money. So if you don't like this, if this business model doesn't intrigue you, Then skip ahead to the next lecture because this one's gonna be a little bit longer. I'm gonna add these videos clipped for your obviously your benefit after this. But if you do like it, stick around and check it out because these videos were really, really gonna help you out, and it might just blow your mind. I know a lot of people. One of them, you know, that I don't know necessarily. I know a lot of people in network with a lot of people, but Alex Becker Squid swears by this and makes a lot of money doing this with his email on a response sequences. And I used to kind of turn my nose up and be like It's a stupid way to make money. I don't know if you can actually do that, But then I tested it out and tried it and actually realized that it works. So just like anything, it's it's about what works for you. You might be good at it. You might not be. You might like this. You might not. And you're never gonna know unless you actually watch the video and test it out. So I'm gonna drop those videos in a second. But if you like him, stick around. If not, skip the next lecture. Basically, an email auto response sequence is what you see here. You're gonna collect emails on a free offer landing page right here to your email list, and you're also going to send them those people through an email auto response sequence. Now, how do you make money from it? How do you multiply your money with this method? Now? This is also something that I've done in the past. You would send adds to a free offer landing page. So I if I can pull up a an example of one of my ads, maybe I'll pop that on the screen, Really briefly on Guy can also pull up an example of, you know, maybe one. My landing page is one of the things that I would do is I would send adds to a free drop shipping course for Afridi option, of course, to people that I knew were targeted around, you know, drop shipping or wanting to win a job shipping and I would send them an ad on YouTube sometimes sometimes on Facebook, sometimes on Instagram and sometimes on Google Display network sit varied, but the majority of which it was Facebook and instagram. They also tested a few YouTube ads to and here and there on Google Display network. Although I also noticed that Google Display networks ads were a little bit overpriced, whereas Facebook and Instagram kind of gave me a consistent good return on my ad spend and I could get those people through my final at a profit. So, basically, you're you're running ads for a free drop shipping course. Okay, Trying to get people to a landing page and then you're going to retarget those. You could do a bunch of things from that landing page. Once those people come to the landing page from your your ads, they're gonna hit your landing page for that free offer. They're gonna claim that free offer. Now, you can obviously collect them on a pixel here and do plenty of other things. But strictly speaking, for the email auto response sequence, what you're going to do is once they submit their email to receive that drop Sherman course or whatever free offer you go ahead to and create, you're gonna collect them in your email marketing list. What you you can obviously use to retarget them future affiliate offers that are related to drop shipping. Future SEPA offers future courses. You want to create future pieces of content that you want to send them to. If you have a YOUTUBE channel, you know, further sales, whatever you can remark it back to that list right here when you collect them, that's a great tool and is very, very valuable. Furthermore, you're gonna send up. You're gonna set up from that free offer an email auto response sequence. So they're also gonna go through the sequence, which is 100% automated. So you get to a point and I'm gonna talk about this here in a second where every dollar you spend right here on your ads might bring you back to dollars might bring me back $3. It might bring you back 3 50 depending on your offer and what you're actually giving way and selling in your email auto response sequence. So, basically, if you're spending eh for every dollar, you know that you spend to send somebody through your funnel, you might make $3 on the back end on average, depending on what they purchase. So let me running through it all together one more time. You're spending money on ads on all these platforms around a targeted niche topic. You're driving that those at that ad traffic to your free offer landing page. We're gonna collect their email into the email list so you can remarked in the future, you are also sending them through your email auto response sequence. So they're gonna come up to this first email, which is obviously the free offer that they received. The first email, ideally, is also going to tell them to pay attention for any future emails related to the content. You didn't want to overwhelm them, but you have a lot of other great information for them around. Drop shipping or whatever, your niche topic ISS and then as you send them through the emails auto response sequence. So maybe email number two email number one. They're gonna get right away, which is the offer email number two might be a day later. Where might be 23 days later, and that might be another piece of valuable content. So hey, here's three of my, you know, three that the tips that I learned, you know, going through the wringer and kind of drop shipping on my own that I thought were really valuable for you. I made these mistakes and you can learn from them. Maybe number three is, you know, two days after that or a day after that And you're giving them or value. So maybe it's Hey, you know, I put together this YouTube video of, you know, five of the of the worst, you know, adds that I have Iran. Hopefully you can learn from them something like that. And then finally, maybe a few days later, after you sent them a free drop German course you've sent them, you know, a couple more pieces of content that are valuable surrounding and relating to that topic. Then eventually you can potentially sell them on a product. Whether that's your own product, that's, you know, something related to that. Or maybe it's a you know, an affiliate offer that's also related to that. Maybe it's a JB offer that you set up with somebody else that has a higher you know, you know, sale price, course. Whatever it is, that's the gist of how you make money with an email auto response sequence you're going to give them, you're gonna give them what they came to sign up for. So in my case, it was a free job from of course, you are also going to hit them with some more value, thus building the trust, respect and report, which are three things very, very vital to you selling anything. So you're developing that trust, that respect and report as you send through the sequence. And then finally, eventually you're going to sell them on an affiliate offer or whatever that is to make money. Now, this could be a long It can be very, very simple like this where it's literally one after the other. Or it could be something very, very complicated like this. And you can also keep in mind that, you know, depending on how long you're sequences. If your original sequence might be, you know, 20 emails, then you could sell multiple things you have. Opportunity is seldom or multiple things, not just one. But what I'm saying is you don't want to have six emails that are all sales, because that's never gonna work you gotta build that trust, respect and report and give free value first. So if you wanted to go a little bit more in depth, you could also send them through an email or other response sequence that looks a little bit like this. And don't get overwhelmed. I drew the red line to, you know, kind of distinguish where the sequence, you know, kind of parts. So this is the first email this arrow right here is is where they're collected on the first email. So this is the offer that they're getting right here. And then depending on whether they opened that email up or not, you're going to send them in one or two directions. So if they opened that email up, you are going to send them, you know, to this email. If not, then you're going to send them to this email, which might be more value if they open this email up right away. And then they opened up the second email right away. Then maybe you sell them because they're more targeted and they've already been, you know, more responsive to your emails. If for whatever reason, they didn't open this well, then you're gonna take another shot at them, and you're gonna say, Hey, I noticed you didn't offer. You know you didn't open up the email are still interested in drop shipping. If they don't open that email, you sent him off the list because they're not worth your time. And you don't wanna waste any more of your valuable emails or money spent on your email marketing software to send them through a funnel, which they're not gonna be responsive, Teoh. However, if you do and they do open that up, then you send them back up the funnel. The key here is, the more the higher they get up to the top up here, the more responsive they are. Mess it up. Whoa, mess it up again. Cheeses. The more responsive they are to ah potential by. So you send it through the funnel. If they open emails, they're gonna end up close to the top of the funnel up here. And this could go on for you know, 30 emails could go down this way for, you know, 10 to 20 emails as well and everywhere where in which in between. So, generally speaking, the more they are above this. This line right here, the more susceptible they are to a purchase or a recommendation of an affiliate purchase or anything like that. The further down they get, the less you're going to try to sell them. And the more you're gonna try to give them free value to win their trust, respect and report. So they eventually come back up the funnel and end up somewhere appear. And that's where you're going to sell them. That's where all the money is made at the top of the farm. So this is a really in depth email auto response sequence funnel. But I just want to kind of break that down for you because it's it's a really valuable way that you can actually multiply your money. Because if we go back to this original thing, if you know that, you know you're selling on an average of, you know, maybe every 100 people when I had Absolutely, we're just gonna make these X's hundreds because I don't have any circles at the moment. Just bear with me for every 100 people that you send through the funnel, maybe five make and you know we'll do a tally here. Maybe five. Uh, you know, come through. And they all make a purchase value valued at, you know, 30 bucks. Well, then, five times. 350. So, you know, if you're spending a dollar to get 100 people through the funnel but you're making 100 and 50 bucks for every dollar you spend back here. Teoh on your ad spend you're going to get 1 50 back. Does that make sense? That's how you could basically multiply your money with the email Auto response sequence. So here we are. I'm giving away my fridge option course to get them to submit their email and obviously hit my website, which then collects them into the pixel. Thus, I'm able to re target them in the future. But here, in this specific lecture, I'm gonna take you through the email auto response sequence because it really makes me a good return on my investment. And it's 100 sent automated on Do anything. So some people had this landing page from that ad that I showed you previously, they submit their email and they're collected in my pixel. So that pick so I can retarget them like I said on AdWords and Facebook like, I'll show you in the rest of this course. However, they also get obviously emailed that free drop shipping courses right away they get my Amazon trap shipping course, and they get my shop. If I drop shipping course uh, 100% free email to them, literally right away. It's the first email in the auto response. Then a day later, they get this email into their inbox and doesn't look necessarily like this. But this is just how it looks obviously in a browser right now, So I'm giving you examples of all these. A day later, they get value. It says one major job shipping problem, which it's I'm not gonna go into the email copying the psychology of it, but, well, I'm just gonna read you the auto response sequencing. So you understand the model. So it is one major drop shipping problem. Everything. Everyone is doing it the same way now. Same products, same niches, same ads. They're all competing on price and extremely competitive, and they're all competing in on price and extremely competitive and slowly dying markets. The answer. Differentiate. There are 1000 and one waste the drop ship. Why do what everyone else is doing? Don't be the small fish in a big pot in the big pond. If you'd rather be the big fish in the small drop shipping pond, click the link below to check out some different takes on drop shipping and then says Yes, show me. Obviously, that's gonna take them to, ah YouTube video that I've compiled, which is 100% free. That literally sends traffic. You can see here 356 views to this, which is basically the teaches them about the main problem that most drop shippers face, which is competing on price and targeting the same niches and demographics. So that's after a day. Then two days later, they were sorry two days after that for the first time in their email. So a day later, after that next one, let's face it, you're at suck. So no, it's not your fault minded, too. But that's a good thing. That means there's so much room for improvement. The reason you're sending them to the wrong people also talking about what we're talking about here. So it's a shirt you might be targeting well picking all the rights Amma graphics and really hitting the interest groups. But how many sales are you getting? What? What If you're only spending money on ads that were going directly to your customers, you already knew We're interested in your products. Have been your website before and we're already familiar with your store. Thus the retargeting that we're talking about here. Your conversion rates will be much higher. Your ad spend move even slower, and your sales would be much, much higher if you want to learn how to achieve this result. Yes, anyone can do it. Click the link below, and then it says why you're adds up, get them to click and takes them to a YouTube video that talks about retargeted, retargeting and a pixel and a lot of the just general overview of what we're talking about in this course. Obviously not as in depth then Number three. I believe this is also value, so this is more value related to drop shipping that I'm giving them, just tossing them value, even though I gave them value in the form of two free courses. I'm also just hammering them home value in the emails, so that they're more inclined to open my emails in the future when I sell them something, what you'll see here in a second, I saw that my consulting and I also pitched them my all course bundle. So are you making this crucial, crucial drop shipping mistake? What's the And then, obviously they're gonna think, Geez, what's the crucial dropped a mistake. I hope I'm not making it. I don't even know it. So it says, What's the best way to grow your shop? Shipping business? Most people answer. Get more customers. Are they wrong? In theory? No. In reality, yes, most people focus on how to increase their sales or how to run more profitable ads. And of course, that helps. But the best way to grow your job shipping business isn't to focus on those one off customers. It's actually the focus on building your back end, improve your customer service, grow your store social media, forge relationships with their customers, build your brand If you want to learn how Maura, about how to improve your source back in increased repeat customers and build your brand, click the link below Obviously Mawr reference to the auto. You know the retargeting and building brands and back ends of customer service, which are a lot that have to deal with this. Three tips to tenants were dropped your drop shipping sales, then finally in email number four. After I've given them to free courses and three emails full of loads of value related to their job. Sherman courses. I finally pitch them out consulting, but I do it subtly. I don't say, Hey, you know, you know, why don't you buy some consulting from me? And I'll tell you this secrets or something like that? What I basically say is I give them legitimate anecdotal evidence because I believe in my consulting. I know that I could help people, and I know that sometimes they're just missing that one little piece. So I say, I learned this the hard way, and it's got a picture of the consulting that you know from my website that obviously they can see. And it says when you start off any business, especially drop shipping, you're gonna struggle. It's not your fault. When I first started out on my drop shipping journey, I struggled to, Then I struggled some more. Then I saw some success than I struggled even more. I made a sale, then nothing. So I decided to seek out some advice from someone who had seen the success I wanted, which is true best choice I've ever made, which is also true. Not only did I did that 40 minute phone session increase my sales and granite. This was like a year and 1/2 ago, but they don't know that because I don't necessarily consult with to too many people. I'm still in groups, for sure, and I genuinely believe in that. But basically trying pick him on my consulting here, so best choice I've ever made. Not only did that 40 minute phone phone session increase my sales, but it taught me about potential problems that hadn't even happened yet and how to avoid them, he said. The types of problems Onley someone who'd been through there, been there, been there before, could understand. Now I pay monthly for that person's coaching program because I recognize something all successful entrepreneurs dio a mentor can cut your learning curve exponentially. If you're struggling to make money with drop shipping or really any any online business, click the link below and that's hop on a car to get you back on track. Caught my learning curve. Takes them to my consulting from my website. So and obviously you can see here that it's tracked through my email. So there my email marketing software. So and that's my consulting. So that's email number four. Email number five takes them back to the value. So this is five days after they've initially submitted their email. A day later, after that, consulting email, they get another piece of value in their in box. How can How can you? 10 extra drop shipping sales Simple. It's all about the back. And remember, we're just something we've touched on previously in another email. So if they're just even the sequence they've obviously read or open that passed email. It's all about the back end. Remember? So once, well, that yet that all yes, all the top drop shipping stores uses email marketing. They understand the power of staying engaged with our customers. Email marketing is the core of any business. If you're not building your source email list, then well, your store won't last very long. If you want to learn how set up and build a landing page to capture email leads for your business. Click the link below. Click the link below to enroll in my building email lists with landing Patients Courses course 100% free and then says, 10 x, My sales tenets my sales with email marketing, and I believe that that's a free link. So it's more value. Obviously, that's a free linked to get into my my initial Landing Pages course, which is pretty much the introductory course to this entire re marketing course and the Internet introductory course to the entire complete guide that landing pages course that I'm creating, it's called Landing. Well, sorry Landing Page hacks how to build the most optimal email funnel. And that's basically the introductory course. That kind of pushes people into those courses in this course right here. So basically giving them or value another free course that has a lot of value into it. It's really introductory email marketing and landing cage, you know, type stuff that will really help them with their business, especially dropped your business. Then finally, six days into it, I pitched them the ofcourse bundle the biggest mistake. All entrepreneurs make hands down the biggest mistake. I see all entrepreneurs making is getting stuck chasing one chasing one thing with tunnel vision. I need to fix that. That's a stuck spelling mistakes. So the biggest mistake I see all entrepreneurs making is getting stuck chasing one thing with tunnel vision for you that might be Shopify drop shipping. For some entrepreneurs, it's Amazon private labeling. Lately, it seems like investing. It's less. Lately it seems like it's investing in crypto currency. There are 1000 and one ways to make money on mine, and the reality is a couple might be perfect for you. But if you're stuck, bang your head against the same wall, hoping something will click eventually you could be missing out on the business is actually right for you. Moral of the story. Try a bunch of different things. You never really know what will work for you. If you only try a couple. I've only I've taught over 120,000 people to successfully make money online. And guess what? They will not succeed with same business. So if you want a winner, not just one, but 40 different business models. This is your opportunity to figure out what works for you once and for all as the whole all my courses retail for $8400 which is true on you. To me, they dio. But because you're an action taker, I'm gonna bundle them all together for just 79 95. Special bottle price only available with 1st 100 students, which, you know, conveys urgency, obviously, and is true. I only made 100 coupon codes for this. So it's only for the 1st 100 people that actually get in. And this is actually something that I'm about to launch right now. And has I've seen, actually, you know, similar funnels really, really work well, And then it says, if you want to find, finally figure out how Well, if you want to finally figure out which business key work for your specific money engine, click the link below and then says, Give Mikey, then obviously, when they click this link, it takes them to the all bundle landing page, which they have opportunity to add. This little testimonials here. You know what? They're exactly it and get, you know, stuff like that. And then if they click on any one of these buttons it takes them to at a cart, which is the all course bundle to literally get 40 of my you know me courses for 79 95. It's a great price, great for them. Great for me, obviously, because I sell a bunch, of course, is that once and I can help more people faster because everything that I said in that ad is true, and I believe in that. So that's crucially. Need good email copy, and you need a good product that you stand behind. Then, finally, day seven, I gave him them or value one last email. I promise you were gonna get into this a little bit, You know, more in the future, but this is really, really important because it takes them back and funnels them back into my system if they don't purchase. So the missing piece to your puzzle. Sometimes we might. Sometimes it's another Jesus, another one that I need to fix sometimes that we might have 95% of the puzzle, but is that enough? Looking back, there have been several times where I knew even 99 points where I knew even 99% of a business. But for some reason I wasn't getting the level of success. Others were. If you're in that position, guess what? It's not your fault. A lot of people like to, you know, they like to be told it's not their fault that you know basically well you're subtly suggesting there without getting too into the psychology of things is that you know if they take what the piece of information that you're giving them. Thus, you know either purchase your service or or, you know, purchase your product or click the link that you're telling them to in your call to action , which is another crucial thing. An email marketing. Then you're suddenly basically saying, Listen, I can solve that for you. It's not your fault. So it says, if you're in there in that position, guess what? It's not your fault. Sometimes that one missing Pete puzzle piece is all you need. If you're struggling with a certain business, I'm here to help. You can always be if we don't feel free to email me with a particular crush question. By responding to this email, I've also taken deliberate e toe, organize certain tutorial videos in a playlist to help supplement your learning were still searching for that one missing puzzle piece. Click the link below. So it depends on what they're actually looking for. And I believe this takes them to all my playlists on my YouTube channel, which basically funnels them back through all my content, which are all a bunch of different funnels. And, you know, they have the opportunity to come back into my content from another angle. So it's really important to understand. You know, email marketing is a vital piece to this puzzle. It's not, You know, it's, I would highly suggest that you get in the email marketing on top of your Marie marketing and learning about pixels. It really, really helps 10 x or business, And it really helps you build a brand and stay engaged and in front of your customers. So I hope you like this kind of presentation of my email marketing sequence. It really I'm telling you, take this. Don't copy my copy or copy my emails, but take this and mold it to what you're doing. It can really help your business grow, and it will really help your Obviously you maintain more costumers and future. So I'm gonna drop the ad that I actually do with my retargeting to those people that send them to that all correspondence sequence. That's not necessarily my email marketing sequence, but it's really, really similar. And I use all the people that hit my you might actually see this if you ever hit my website . BG media innovation dot com I'm gonna be sending this out a lot recent or a lot, depending on when you're watching this. Two people that have hit my website and I'm going to be doing a little bit of retargeting re marketing myself with this specific ad. I'll drop it right now. And this will actually take people to my all corresponding landing page that I showed you to sell them on my all correspondent for 80 bucks. Here it ISS Shopify, private label, affiliate marketing, crypto currency. What do they all have in common? They're each a single business. Why would you invest massive amounts of time and money into learning one business before you know it will work for you? I've taught over 100 and 20,000 students to successfully make money online. Guess what? They all don't succeed with the same business. There are 1000 and one ways to make money online, and the reality is a couple actually might be perfect for you. But if you're stuck banging your head against the same wall, hoping something will click for you eventually, well, you could be missing out on the business. That's actually right for you. If I kept plugging away at my first failure in my store, I would have never built my YouTube channel toe where it is today. If I stuck with my first failed private label product, I would have never stumbled upon online arbitrage, which makes me about 10-K every single month. Then, ultimately, I wouldn't have mastered the Amazon platform either, and learned how to launch four more successful private label products. I could go down the list of how failing one business let me to succeed with another bottom line, try a bunch of different things. You never really know what will work for you if you only try a couple. So if you want to wear not just one but 40 different businesses, then this is your opportunity to finally figure out what works for you once and for all. If you purchase these courses retail, they would run you $8400. But today for the 1st 100 people, I'm gonna bundle them all together for just 79 95. Hey, if you're happy with the amount of money you're making right now, then great. I applaud you. But if you want more, you can't afford to pass up this opportunity to finally find out what business key works for your money engine. So click the link on the screen, depending on where you're watching it from, and head over to my website to clean your special 40 course bundle today. 11. 12: all right, so the next business model is basically freelancing, and it's one of the best, in my opinion, for new entrepreneurs and people that are just getting into it. It's very, very low risk, and you can start with practically no money at all. You don't need a dime on. The great part about this is you can curate a skill set based around anything. If you're already good at good at it, you can create, you know, gigs or services like that to sell where you can go out and learn a skill and also sell like services like that. So the first sight we're gonna cover is fiber, which basically is a freelance site. The majority of things sell for $5 on Fiverr, but then you can up sell to higher amounts. I'll show it to you here in a second, but you know, hence the name fiber. It's why most gig sell for $5 there, but another one is up work now. Upward is also freelance site. It's very, very similar to fiver, but the pay is usually higher because it's more professional on yourself services. You basically form a relationship with a potential client so they might hire you and then continue to hire you, whereas five or you're just selling one off services and one off Giggs, as they call it. So if I pull up both sites to show you really fast, this is what fiber looks like. You can practically certain search anything around five or so. Let's say we needed somebody to create. I don't know. Ah YouTube thumb Now for us, right? Maybe that's something that you can do. Maybe you're good at photo shop where you can create thumbnails. There's so many service, you consult there so many gigs. So let's see what comes up for YouTube thumbnail. So this personal create you tipped ominous for you. There is an example of one right there. YouTube nominal example seem with all these people they start at five bucks started. Five bucks started $10. Now this person has a Navid rating of five, so almost practically perfect. And they've got 948 ratings. So this person is great. So you'll see here have been signed in, obviously the 1st 1 Just one thumbnail designs. Five bucks. Now, if you want fourth and now designs, they're gonna upset you for 10 bucks, so you get more for your value. And if you want 12 room that it's 40 bucks. So that doesn't. Does that make sense? It doesn't make sense, math wise, but, you know, we're gonna overlook that for the time being. But that's five. Or in a nutshell, person needs learn math a little bit better now. Freelancing on up work is pretty self explanatory. So one of the things I used to sell its copyrighting so search five or for upward for copyrighting and see what people are charging out there for copyrighting. Another great example would be like software development or building ah landing page or building a website or literally any service out there that you can think of also creating YouTube thumbnails or graphic design or anything like that. Also things that you can sell us freelancing so this person works for $30 an hour. Eso if it takes them 1/2 hour to create your thing, it's gonna cost you 15 bucks to the thumbnail. Something like that were specifically through the copyrighting, so it's a little bit different of a marketplace, but it's also a great freelance marketplace that you could get into on its one of the best ways, in my opinion, for new entrepreneurs to start making money and start selling their services. All nine and, you know, basically capitalized off of to really reputable websites with a lot of potential traffic that went a lot of potential customers 40 money and you just get started literally today. 12. 13: Also, another business that I highly recommend for new entrepreneurs and people they're just getting into entrepreneurship is starting your own agency. There's a number of reasons for that. First and foremost, it costs nothing to start, and secondly, the margins are practically 100% so your risk is practically zero. There is no start up capital. You don't have to potentially pay for ads to drive traffic. You don't have to. You know you're not selling. You're not getting giving a cut of your profit margin Teoh service like Amazon or something like that. For doing that. It's 100% profit most of the time, and you don't have to. You literally have to spend sweat equity to find clients. So obviously, Tyler has made this famous with Social Media Marketing agency, But you don't have to do a social media marketing agency. You can if you want to do that. But you could also basically create an agency around anything and just pitch clients and sell that service as an agency. So copy writings, another example. And for those of you that don't know what copyrighting is, copyrighting is basically just sales in written form. So literally. Everything's cooperating like a landing page. All the words on the landing page Copy. YouTube description copyrighting. You know, Instagram captions copyrighted, You know, a sales letter or a newspaper obviously copyrighting into so literally anything E mails, Another great form of copyrighting. So s CEO. So search and the organization Another great example. You could also start a Naj agency. So Facebook Google being, you know, Facebook's on there twice? Uh huh. You know, YouTube's another great example of an ads ads agency that you could start to. If you're good in any of those ad platforms, you can sell that as an agency service to potential clients. And, you know, people like me might potentially by it or other businesses out there. You know, another example. I used to do this when I was first getting into it. I would also sell as part of my social media marketing agencies website. It also so Web design. So I create, you know, as an up sell. Basically, I would create a website for a mom and pop shop or something, and then also do their social media eso. There's so much. There's so many examples of this, you can practically do it around anything. It doesn't have to be like a business service, although you probably want to go the business service route, and you could basically learn any of these skills to. So if you're not good at any of these and chances are you're good at something. But if you're not good at a business skill, then you go out and learn it. You can go out and learn it. Watch YouTube videos on it. Google is your best friend. You can also by courses on it and learn it really realistically within a month or two. Max and be a communal master if you want it that bad, and then your margins of 100% and there's no start up costs to it. So I highly recommend this for everybody. You can practically start on agency based around anything. People always give me hard. You know hard time about saying that, but you can. You can start agency around anything. I always go back to the soccer example. When I was younger, I'll tell you a little story about fast. When I was younger, I played competitive soccer from I don't know, like like eight. Maybe till, like, 20 ish, maybe. And realistically, we we always used to train when I was really, really young. This thing, this group called Ukelele obviously I'm in the United States. So they were basically in a soccer agency formed from UK that came over the U. S. And basically sold their expertise at soccer. Two teams and parents that wanted their kids or their their you know, their team to improve and guess what? They were a soccer agency. So that's another example of a random thing that these people loved and they're passionate about, formed an agency around and sold that as a service. So an agency highly recommend it. It's a very, very great way to get in entrepreneurship because, like I talked on many times in this lecture, the margin is practically 100% if not percent. And there's no start up costs, and that rarely exists in business 13. 14: another great way that is really, really beneficial for new entrepreneurs is to invest your money. Now there's a lot of different ways to invest your money. You can put it in real estate. You can basically invest in yourself or your business on. You can also invest in the stock market. Now I'm not into day trading. I'm not into buying penny stocks or any of those speculative investment investing strategies. I'm more of a long term investor, so you might be thinking, Okay, a long term investor you want to invest for, like, 2030 40 50 years potentially and get that compound interest or your pride looking out like this of compound interest so you can basically accumulate. You know, long term wealth with your investments now. So how can you make money now with long term investments? Well, that's through dividend stocks. You can invest in a number of things, but I love dividend stocks. So the reason being is, for example, let's just pull up the calculator here with dividend stocks. Obviously, every dividend stock is a little different now. Even entire course is something I talk to touch on it in the end, in the last lecture on this course. If you guys are interested in this, you can obviously get into my investing courses. Well, so what I'm saying is it all depends on your investment on your investments and the dividends that they pay out. So let's just hypothetically say that you're going to invest 100 grand over X amount of years into a stock that pays 4% on that. So what's 4% of 100 grand? That is $4000 cash Probably have been able to do that. My head Apparently I wasn't. That's four grants. That means that your every single, you know, quarter you're going to get getting every quarter is every three months you're gonna be getting four grand. So that divide that by three months, and that's a 1300 bucks that you're gonna be getting in passive income just for having $100,000 in investments every single month. So that's basically dividend stocks and how you can earn passive income and basically make money with it. By investing in the stock market, I highly recommend learning more about dividend investing. I have entire course on that that I'll talk more about. If you want to learn how you make money with dividend investing, that's really gonna help you out as well. Like I said, wait for that last lecture. It will introduce and talk about all those those options for you. And if you guys do want Teoh free stock to get started with, you know your your dividend portfolio, your stock portfolio to basically get you started, I invest on three different platforms. One is M one finance. I have my Roth IRA on M one finance. If you don't know what that is, it's OK. It's basically an investment platform, and you can get free $10 on them on finance. You can also get two free stocks. I also invest on Weeble and on Robin Hood. I probably like Robin Hood a little bit better to be perfectly honest with you, but I invest on both of them as well as anyone. Finance. You could get $10 like I said to him and finance to start your your profile. You can also get two free stocks on both Robin Hood and Weeble through the links. I'll attach a word document to this actual lecture if you want to go ahead, restart the lecture and up in the top left there should be. A resource is available that you can download the word document and through though that word document, you can basically click those lectures. Sign up for an account on all of those platforms if you want, and get two free stocks and free $10 to get your stock portfolio started. Basically, you don't have to invest any money. You don't have to put a deposit into any of those accounts. You're just gonna get started for free and you'll be able to start investing into the stock market and dividend dividend funds and dividend stocks. Ah, 100% free. Now that is an affiliate link. That's why I'm pitching it. Teoh. When you go through those links you don't like, I said, You don't have to pay for anything. You don't have to sign up for anything you don't have. You have to sign up. You don't have to basically put your card in, and basically, you know, by any other stocks you're literally just getting them for free. I'm pitching it to you because I have to get them for free. It's an affiliate links. So that's like I said, I'll touch on more in my course. If you guys are interested in that, you get the course of 100 sent free. Check the last lecture of this course. It's a little bit more and a little bit hard to get to to in depth with Max. I could talk about that for a long, long time. I highly, highly recommend that you look more into investing, especially if you're young, especially for any watch, nor because compound interest is your best friend. 14. 15: now moving on to a very, very popular one which, if you're a new watch your getting into entrepreneurship where you watch any YouTube videos on entrepreneurship, I'm sure you've heard about. But if you haven't, I'm gonna break it down for you here. We're gonna talk about drop shipping. Now there's three main ways to drop ship. There's actually a lot of ways to drop ship, but there's three main ways to drop ship. We're gonna talk about here. The first is Shopify will cover. The second is Amazon drop shipping and the third is eBay. Drop shipping now drop shipping. If you don't know, I'm assuming you do. But if you don't know, it's really fine, you know, is basically facilitating the sale So you're not you never gonna have any inventory. You're never gonna hold any product in your job, basically, to running through the job shipping business model you are going to the customer is going to find something that they want through your store, whether that's on Amazon, whether that's on eBay or that that's on your own shop. If ice shop a five site that you create, the customer is going to place an order right here at the retail price from your store so you might sell something. It says 200 bucks. It's a little high, but will roll that for the example. So the customer is going to buy from your store on item for 200 bucks. But really, the wholesale price of that item is only 150 bucks in this example. And basically what you're doing is you're listing a product that the supplier already has your listing it on your website up, selling it to the customer who doesn't know. So the customer doesn't know they're actually purchasing it from the supplier in the manufacturer. But your facility facilitating the sale through your website or through your store on on eBay or Amazon. So journey through it one more time you're gonna list product and up. Sell it from a customer from a manufacturer or supplier. The customer is going to hit your store, buy your product for a higher price. You're gonna then pocket all that money, keep the difference and basically re buy it. Or, you know, do do the automated drop shipping. It depends on a lot of different things, basically by it from the supplier simultaneously and for a lower price and keep the prophet , then the suppliers going to ship it to the customer. And you're all you're basically doing. So facilitating that sale, never actually having the product you never actually own. In the inventory, the supplier holds all the inventory. The customer has all the money. You're just facilitating for the profit margin. So the first method that's very popular is eBay. Drop shipping. And that's basically cop. Capitalizing off the organic traffic on a site like eBay and basically listing other retail , not retailers listing other manufacturers, maybe from Alibaba or Alley Express or, literally, any retail sites. A lot of times, people will do it with retail sites, and I'll get into why you're not allowed to do that here in a second. But basically, that's what drop shipping is. So you'll see this a lot on, you know, eBay and Amazon as well. And like I said, we'll talk about shop fight as well, but you're not allowed to drop ship from retail stores as red anymore. So used be able to like list of price Ah product on eBay that walmart dot com was selling and just up sell it on eBay so that you'd make that margin used to be able to just go toe to target dot com list, take their product pictures, take their listing, and basically you sell it for $5 more on eBay and then obviously keep the money. So when somebody bought from eBay listing, guess what? You just go to target dot com and order to their address and make the profit margin. So that's basically drop shipping very, very simply. But you're not allowed to do retail drop shipping anymore. So you have to drop ship with wholesale suppliers, which is basically your wholesale suppliers overseas a lot of times, or basically any wholesale supplier. There's a lot of ways that you conform relationships with wholesale suppliers, but you could basically do that on Amazon as well as eBay. It's basically the same thing on Amazon. Just different marketplace, different potential buyers. You know, something sell better on eBay. Something so better on Amazon just depends on where you want to meet that customer, and you know where the interest is that now. Shopify is basically the same thing, but it's with your own Shopify website So with Shopify, you have to drive all the traffic. You're not capitalizing off the organic traffic of an Amazon or eBay, but with that said, just like the content, we're talking about creating courses in the beginning. This course just like that, it gives you more freedom, and you can also charge a lot more. And you can also do retailed your option with Shopify as well. If you want to get into that so nothing to to into this, because it's something I've talked about a lot. As you know, from previous lectures, you can always if you want more of this, you can always get my fridge option courses that we're running through Shopify and Amazon as well. From that landing page and I talked about that's always linked at the end of my courses, and that's always usually linked in my YouTube videos. So if you're interested in drop shipping a little bit more basically an entire course that walks you through that, just go ahead and grab that through one of those links and it will teach you more about that process 15. 16: All right, So the next business model I want to cover really fast is private label. Now, you can private label in a number of different ways. We're gonna focus on two of the main ones here, and I've tried them. But now the 1st 1 as you see on the screen, is clearly Amazon. Private labelling and what Amazon private labeling is for those of you that don't know is essentially, you're going to, you know, you're going to find a product that has high sales velocity on the Amazon platform and then not enough competition to match that overall sales velocity. So to give you an example, that we just pull up Amazon really fast and we go to something like a letter board. This is something that was private label. Then I'll show you exactly an example of it. So you see all these letter boards right here that are all manufactured. They're basically the same overall thing, you know, and there's so many different labels of them of brands and sellers that sell them right. Another great example is like a scratch off map. So if we pull that up really fast, you'll see scratch off maps all basically the same overall product with a number of different sellers. You know, basically selling on that listing. And what happened was these people did product research and at one point or another, all figured out that this had a lot of sales velocity and a lot of buyers. We're looking for this on the Amazon platform and spending their money. And then what they did is they went overseas, got it manufactured and then slapped it up on Amazon with her own private label. Right? So that's basically what private labeling is on Amazon now you what you ideally want. A dio is like I said, You want to find something with high sales lost me and not the competition to match that sales velocity. So those are two examples of products that are bad now because there's so much competition there, so many other sellers. But initially, if you want, you want to see if, okay, they're not that many sellers on their or, you know there's not that many quantity of list things or products or potentially. If there is you, can you improve a product or approval listing if you can, and you can answer yes to all those questions. And there's a high sales velocity and a lot of buyers, and not that big of competition on the market place than that clearly indicates an opportunity. Now it's hard to explain the entire process in the entire strategy of doing product research in a mini little lecture like this. That's why, like I said, I have a number of other courses that basically go into all these different business models in depth. But this is literally the thing that I got started with. The very first thing I did I think, was tutoring. Then I did like a little bit of freelancing and some, you know, the Social Media Marketing Agency. And then, like the first main overall business that I did outside the agency was Amazon privately blank. So I know a lot about this, and I know that this is a great opportunity for a lot of new entrepreneurs. It just depends on your skill. Set your goals and what sticks out to you. So, like I said, you manufacture that product overseas. Once you actually figure out into that product research now, it usually is overseas. I personally like to do the U. S. But that's an entire, entirely different, you know, debate and discussion. It really depends on you know how fast you want to potentially reorder. Because if I if I live in the United States and obviously you might not, you might live somewhere else. And then if you live somewhere else, do you plan on selling on the other marketplaces? Because there's so many different Amazon marketplaces, the U. S is just the biggest one, you know. Then it's a little bit of a different story for me. Specifically, I live in the US So if I'm selling on the US marketplace, I want to have my products, you know, be able to reorder my products as soon as possible. Right? So obviously that would indicate a US manufacturer US supplier. If they could basically manufactured products for slightly more, or even close to what overseas China, India, Russia can manufacture them for, then that's more ideal for me. That's a debate for another day. It's a little bit beyond the scope of the sexual lecture, but just something to remember and keep in mind. So then I guess that your do your product three shirts you're gonna get it manufactured either overseas or in your country, and then you're gonna put it on Amazon with your own private label and then rank your product product on the Amazon platform Now. Obviously, it's a little bit more in depth in that, but that's basically it overall in a nutshell. Now the second thing is privately willing. Free Bay, and a lot of people know about private labeling for Amazon. But they sleep on private labeling for eBay because there's a number of opportunities to do this on eBay as, well. People. It's been synonymous that private labeling goes with Amazon, but it actually is just private. Label is just a business model, and eBay and Amazon are two separate marketplaces that you can slap your products on. There's no reason that you can't private label product for Amazon and then also sell it on eBay. Also selling on Mercury and also sell on posh Mark. If it's clothing item for posh mark. Obviously. So, like I said, it's the same process you do. The product research you can also specifically privately will product for eBay. Different things sell better on eBay. Different things so better on Amazon. It just depends on the niche, and you know the marketplace and the demand for it on that actual marketplace. So this is, you know, private labeling in nutshell. And it's one of my favorite business models for new entrepreneurs and one of the best opportunities that you can basically bite onto as a new entrepreneur. 16. 17: So the next one I want to talk about is blogging. Now you can start a blogger and monetize that block. It is a little bit of a slower build process, but it is a form of content, and it is a form of passive income. Now there's a number of ways to monetize a block that we'll talk about here in a second. But one of the best ways and the best reasons, in my opinion, that you should start a block now, here. Right now, I'm obviously filming. Is this in 2019? But this is gonna be more prevalent the longer it drags on. So a lot of people are only the impression that blogging is dead. You hear marketers talking about all the time blogging is dead. Why would you start a Blawg? Video and audio are here to stay and written. Content is kind of a thing of the past. But when everyone else zigs, that's generally when you want to zag and what. But the fact that everybody thinks that blogging is dead means that the competition is not there Now. There's a lot of competition on YouTube. There's growing competition on sites like you know me and skill share to create online content. There's definitely, you know, a lot of competition and a lot of these niches and a lot of these businesses. Blogging is not one of them, because not everybody literally everyone's rushing out to start a private label product. Everyone's rushing out to start a job shipping store, everyone starting their YouTube channel right here in 2019 and Beyonce. But nobody is rushing out were very, very few people are rushing out to start a block and start ranking it. So that's why I recommend that this is definitely an option is still a viable option for you here in 2000 and 19 and also in the months and years to come, because for that reason, it's only gonna get less and less relevant. And people are gonna think it's more and more debt if that makes sense, so just really briefly, you can monetize blogged in a lot of different ways on I have entire course on this as well . You could monetize a block with affiliate links you can monetize of log with CP A links. You can also monetize blawg with ad revenue, just like you can a YouTube channel, and you could also monetize a blogger with sponsored posts 17. 18: So the next business model that we're gonna talk about is kind of you gonna be to business models and I'm gonna tie them in together because they're very, very closely similar and related. And that is affiliate marketing. And also see p a marketing. Now, why are they related? How I'm lumping them together and you know, why am I bringing them to your attention and saying that they're good, viable opportunity so you can start affiliate marketing in a number of different ways? You can start C p a marketing in the number of different ways, but also it's just important to understand the different business models and what they actually are and how you can monetize them. They also go very well with content creation and online courses and blogging and, you know, literally anything like that, also YouTube channel. So you can monetize and start that that content and then also use affiliate marketing or start that content. And also you see P and marketing or a mix of both. So it's just important. Understand that you can basically monetize anything with these types of business models like affiliates and CPS, so affiliate marketing for those of you that don't know just, really, really briefly is just promoting somebody else's product or service and receiving commission. Or for a fee for, you know, customer or generating a sale. It's very, very, very easy to understand. So if I pull up a YouTube video really fast, a perfect example of this is that's not YouTube, Is it? Perfect example of this is my most popular video, and I actually make a lot of content or a lot of content. I think a lot of content to. But I make a lot of commission, believe it or not, just from recommended next one video. So let me pull it up really fast and where this one affiliate links So right here. How about YouTube? Subscribers is my most popular video on my channel, right? And basically anybody that comes to this. This is why affiliate marketing combines so well with, you know, content creation both in courses, blogging or on the YouTube. Because when I'm actually creating this video, obviously everybody that comes to this video is interested in what buying YouTube subscribers right of immense, high like that. And what if anybody that's buying YouTube subscribers is interested in what growing their YouTube channel. So don't you think that they would be interested in a secret YouTube weapon or something, A software or a service that, you know, basically could provide them better growth on YouTube? So that's exactly what I did. I go through in this entire video, and I talk about how to buy YouTube subscribers the right way, which is actually not buying. It describes. But that's just the title to entice clicks and then in the middle of the video somewhere I recommend. Hey, by the way, you know, I used to buddy to rank my YouTube channel on my you see videos. If you're interested, I'll drop a link in the description. And clearly that's an affiliate link. Now everybody that comes to this and clicks this. Now I get an affiliate commission, and that's a recurring commission. So I get that every single month and everybody that buys through this link, I get a commission and I get paid for. So that's affiliate marketing in nutshell. And that's how that combines with, you know, basically content or anything across the board. You can also put a 1,000,000,000 links in your block You can also put affiliate links literally, anywhere you want to put them in your instagram bio if you really want to do a number of different things with it. But this is just basically affiliate marketing in a nutshell and how that works now. Like I said, it's very, very similar to CPS, so you can also put CP a lynx anywhere now you confined at C P A. Links with a C p A network. You can also find affiliate links with an affiliate network, the biggest affiliate network that you know most people know office Amazon Associates. So that's basically anything that's on Amazon. You can get affiliate link for now. You can also find affiliate links or affiliate programs for specific software for specific services. All you really have to do is you can go to Google, so I'll show you exact exact an example of this. I just created a Premier poker Pro course, right? So if I needed a your premiere pro affiliate link for my Premiere Pro, of course it's a lot of peas. What I would basically do is if I didn't know where that was, I would go to Google and excitement. Adobe premiere from your Paro affiliate program, Right and then boom. What wouldn't you know if the Adobe if has an affiliate program that I could get a link for and they would pay me for promoting their service? And that's a trackable same thing with practically anything. Let's think of another one. Shopify. I have a Shopify course, right? So don't you know what I could? I could Google Shopify affiliate program and Boom Shaka has an affiliate program and I'm a member, so it's basically that easy. You can Google, you know, X affiliate program. Or you could just join an affiliate network or a C P A network. Now the difference between affiliate marketing and CPM marketing is like I said, with affiliate marketing, you're recommending a service or product. You're getting the commission for simply recommending that service or product with C p A. Your get its cost for action. So it's not. You don't actually need to generate a sale for the company to actually get paid in this specific example. Why, like C p. A. Actually better sometimes is because you can get paid for a single opt in offer where people don't actually have to go ahead and buy something. So to give you an example right here, a single opt in offer is basically what this looks like. So if we go to my my free course landing page, this is what a single opt in offer is right. And if you find a single opt in offers on A on A C p A network and they're all over CP networks, you can find them all over the place. Some of them will pay you a dollar 25 per lead. Some of them will pay you 1 50 Some of them will pay $3.4 dollars, $5 for for lead, depending on the nation. The company. Right? So a single often is literally this one single thing to opt into the offer. So if I get somebody, let's pretend this was a C pay offer, because this what they look like. Just one email submit right, and I get somebody and I get them to come to this landing page and just type in their email . I get a commission for everybody that does that. Now that's a lot better, and a lot easier to convert for a lot of reasons because a the person most importantly and simply put, the person doesn't have to spend any money for you to get paid right. If I'm coming to this, you know I don't have to put any money and I just type my email in. And then whoever let's pretending this is a SEPA offer. Whoever put this this c p a landing page up where the CPI offer would get a commission. It doesn't cost me anything, but they get paid right because I become a lead for the company. Who pays them. Does that make sense? Whereas an affiliate offer, I have to actually go through and make a purchase that YouTube videos not up anymore, but actually have actually have to go through and make a purchase with my card? Or, you know, if they're pay power, whatever for the an affiliate to actually get a commission and get paid. So that's the difference between CP and affiliate Marketing. It's very, very similar, but just slightly different 18. 19: all right, So the next we're gonna talk about is tutoring. Now you can tutor online or you can tutor or locally. And this is like I said in one of the things that I got actually got started with when I first started in online entrepreneurship or just my entrepreneurship journey in general, I tutored our mind and also tutor locally. Now I did it with the service in a website called Wise, and it's a great, great way to get into it if you're interested. But there's also other ones. There's many other ones, two of the ones that come to mind when I initially think about it, besides Wise and our varsity tutors and shag dot com, so you can check any of them out all of them and apply through all of them. And basically, tutor people are online, so we pull it wise and, for example, wise. It is a great opportunity to do this, and you could basically you can become a tutor, but let's just go through it from the student prospectus. So let's say I want to learn English, right? I'm gonna get help with English. Let's see what the tutors are making for English on my eyes. And so the tutors to meet on English right now are clearly this lady right here is making $40 an hour. This person right here is making $200 an hour, this person making $50 an hour. This person's making $110 an hour. Now. You can basically search for anything that could also learn math $50 an hour. 7550 70. And there's so many tutors on here. But you don't just have to tutor something like normal subjects like math or science or English or anything like that. You can also tutor other things. When I first got started, I tutor in a majority of mass students, but I also tutored things like poker. A tutored was the other one. Chess and I tutored baseball, a tutor, baseball as well. I had this kid that I used to tutor baseball, so it was awesome. And obviously I enjoy sports, too. So you know, a little bit more than math, Clearly so you can tutor anything. You know, if you hop on a site likewise and we're check or varsity tutors, you could basically make money by tutoring people per hour. People actually are more inclined to spend money on a site they trust. Likewise. And then, if you were just trying to set up like a private tutoring business Now, when you do start with buys and they do take a slight commission of that so when you first start out, it might be like 30% or something higher, right? But as you to term, or if you get over like threshold of 10 tutored hours, which is not hard to dio, then they lower that that slight percentage and then you might make they might only take 20%. And then as you get over another left threshold, they take 10%. So you make more of that. You know, obviously, as you go, this guy right here is tutored 705 hours. That's why he's ranked in the top. Probably, and he probably makes a majority of that $50 an hour. This person right here also ranked in the top because they've tutored 612 hours. Guess what? He probably makes 65 to $70 an hour, and they only take a slight feet because he's good and he's ranked on the platform and they bring, and he brings them constant business. So that's how it works. Overall, the longer you tutor, the better tutor, you better rating you get as a tutor, the more students you will get number one, because students will trust you more and the more you'll make per hour. And obviously you can raise your hourly great to whatever you want to charge. But clearly, when you're starting out, you want to go a little bit on the lower side so you can just get students in that are going to rape you. 19. 20: All right, So the next one we're gonna talk about is one of my favorites, and basically, that's starting a closet on Posh Mark. Now, if you don't know what Posh Mark is, it's basically like an eBay for clothes, and you could basically sell anything. Now, this is one of the ways that I got started in entrepreneurship, and I know I've said that about four or five times. But that's because I tried a bunch of things and I saw that this actually worked well for me. So you can start a possum are closet. You can start buying wholesale right from the site, or you can basically take a lot of your clothes in this suit. I did a lot of your clothes from the back your closet or that you don't use anymore. Or you can even go like thrift ing or by that Goodwill's and stuff like that, and then flip it back on posh mark for a profit. There are so many people that you know are on Posh Marked is ready to buy. It's literally wild, and I don't do this full time. I literally just slap stuff up on there, share a few things here and there. And obviously you can you can automate with software if you want. I go over that completely in the court in my course on Posh Mark, but there's a lot of ways to scale a closet up MAWR inventory more followers. Currently, I think I'm like a little bit over 55,000 followers or something like that. So that's basically every time I share something, it goes directly to 55,000 people for the opportunity to get a sale. There's a lot of ways to approach it, but mainly if you're just getting into it without getting too to into what possibly actually is and how you can scale it up is, I would recommend is going through your closet picking out all the old stuff that you don't care about anymore that you don't use. Everybody has extra clothes that they don't care about or don't use, and basically what you can do is you can list them on posh mark and then start making money in a profit. Then you can take that profit, take that money and then buy wholesale right from the app. So now you're scaling up from use close to get a profit all the way to wholesale. So you're starting to turn it into a business, and then you can turn that business into a fully scaled business. There are a lot of people that I know and network with. There are a lot of people that document this on YouTube. If you're interested, you know that literally. Just do Posh Mark and other thrift ing stuff like that, and you can make a good living doing it. If you scale up with wholesale and you start selling new stuff like that, so it's a great way to get into it, since I think it's smart. It's the end of March 2019 and like I said, I just do this on the side and I made about eight grand just doing this on the side. So literally like an hour max week max like, literally max. So if we break that out, let's break out the calculator, and that's probably even more. I would say like 20 minutes. Sometimes I just package one or two things up, so let's say let's say an hour. Ah, week max. That's 52 weeks a year or 52 hours a year because there's 52 weeks in a year, three more months, so that will call 12 more months or 12 more weeks. Because it's we'll call it the end of March. I hope you're still following me here. So 50 to plus 12 is what, 64 8000 is what I've made eight grand, literally from January 2018 toe about right now, and I barely ever do this at all. So we're just gonna assume it's higher numbers at 64 hours invested total. That means that that was a grand total of $125 an hour just for investing. Sometime listing close on Posh mark. Now it's super super easy, because once you get it up going, it's just kind of like listening like other things on any other site. The majority of the work is actually listing this stuff, taking the pictures, you know, basically formatting the listing and optimizing for optimizing it for search. Once you get all that done, you can literally just sit there and collect the money as it comes in passively. So especially once you get your wholesale scaled up, that's pretty much all you have to do. Once it's set up, it'll just sit there and collect money for you here and there. And then you can invest more time in to collect more money or less time. And then just do it on the side, like Ideo to collect some money here and there. I might still make, like 20 to 100 bucks, depending on the week s. So it's a great, great way to make extra money or even scale it up and do it a full time business. So posh marks create opportunity. I highly recommend the check it out. 20. 21: now Macari is very, very similar to Posh mark. But more than anything, it's probably most similar to eBay, so you can tell anything on macari except for supplements, literally anything you could sell clothes. You can sell anything on eBay that you would sell. You could sell anything on Amazon that you would sell on Macari like I said, outside of supplements. So that's like nutrition stuff, and you can sell household items that you don't use anymore, just like just like posh Mark to get started and kind of scale up. And I made just just in the past two months about 700 bucks in extra income, just kind of testing out Macari as a platform. And I've been heavily, heavily impressed with the opportunity there. Now, some of the things I tested out actually did this for an entire course. So, like I said, I have a course on all these things, you know. I saw baseball plaques from when I was a kid. I sold Pokemon cards because obviously I'm 28 I don't care about that anymore. But apparently other people still dio I told other arbitrage items, because I do online arbitrage like I've talked about before, you know, while on Amazon, So other arbitrage items that I couldn't sell back on Amazon, some from liquidation Palace and stuff like that. I've sold back on Macari, and there's a great opportunity in this macari marketplace. So without getting too to in depth of it because it's very similar to posh. Mark is very similar to eBay and also very similar to Amazon. It's a great opportunity where you can scale stuff up and, you know, basically just used it as a reselling platform and try it. I dare you to, and you will see that just like Posh Mark, it's a great opportunity to scale up and make easy money. 21. 22: another of my favorite things. And this I saved this one for the end for a reason is building a personal brand. Now, if you're just getting started with entrepreneurship, you either don't. You either want to, you know, combine this on the side a little bit. You know, you wanna build this on the side while you're doing something else that's gonna make you immediate money because this is a longer term goal here or you want to. You know, Mason, basically do this while you have a job or something like that, because you're not going to necessarily be able to monetize a personal brand right off the bat. So like I said, it's a longer term goal and it's super, super powerful. So without getting too to in depth of that, you could monetize our personal ran so many different ways. And you see this so often across the board. You see this on social media all the time you see on YouTube, especially instagram so you could monetize on Instagram. You can monetize on YouTube. You could monetize through a podcast that you could monetize through a Facebook page. You come on a pass to monetize through Twitter. You can obviously sell courses like I do as well, like information products or, you know, some of the other stuff we're gonna get into in the bonus lectures. In a couple of lectures, you can obviously get sponsorships. You can get brand deals. You can create a block and monetize it that way. And you can also do a website like I do us well, So those were just a number of different things that you can use to monetize use one of them used. Two of them use them all. But those air their great, great ways to monetize a personal brand. And no matter what you do, the best part about a personal brand is it will stick with you for the rest of your life. So you know, it doesn't matter what you enjoy or what you decide to dio, your audience will follow and support you. It's a great, great long term game plan. It's great long term strategy, but like I said, it's difficult to monetize right away. So think more in terms of years and, you know, a couple years necessarily toe where you're at the point where you really can fully monetize the brand and see a full time income. You can't necessarily do it within like a couple weeks to a month. It's gonna be a longer term play, so just keep that in mind. But it's highly, highly powerful and one of my favorite ways for entrepreneurs to start making money and build an audience. 22. B23: All right, So now I'm gonna add a few bonus lectures onto the course. Now, I put the majority of everything in the beginning, and I put these as the bonus lectures for a reason. So remember that, Okay? Everything else, I think, initially, is a great opportunity, but also to bring you some other opportunities. In case you know, I'm not all knowing I'm not perfect. So there other. There are plenty of other businesses out there. They can make you money. Like I said, there's a hunter. Your there's a 1,000,001 realistically, not 100 and one ways to make money online and just make money in general in entrepreneurship. So these are just the initial ones are the ones that I recommend and I think are the best opportunities for you. But that doesn't mean that there's something else that you can't that's out there. That's not an opportunity for you. So I will outline a few more opportunities out there. But like I said, these are in the bonus lectures for a reason. So freelance arbitrage is the 1st 1 we're gonna cover. Basically, what freelance arbitrage is is it's freelancing, and it's arbitrage pretty self explanatory, right? So we already know freelancing is it's basically doing your own, you know, performing your own tasks. We reference five or run up work with freelancing and arbitrage if you don't know what arbitrage is. We talked about online and retail arm trash, but the definition of arbitrage is basically buying something and then reselling it at a profit. So if I were to go ahead and grab this mouse right from a store X or you know anywhere, even from a marketplace like five or in up working, we'll explain that in a second. For $2 arbitrage will be knowing that I'm gonna get this at $2 on one marketplace and then reselling it for five on another. That's arbitrage making the profit from marketplace the marketplace. So that's that's the simplest way I can put it. Now freelance arbitrage is when you take freelancing websites and you perform that arm charges well, so normal arbitrage is like commerce. It's like, you know, items in it and its products, right? Well, freelance arbitrage is using freelancers and looking at the differences in marketplaces and up selling and making a profit off that difference so that makes sense. Stick with me. So I like to look at up five or two up work and up work to fiver the to freelance marketplaces that we talked about. Now there are a number of freelance marketplaces. Those were just the two that I like the best and the two that are in the most well known. So, uh, one of one of the ways that you could do this, you can look at fiver and you can look it up work. And you could basically check out gigs or services that are very, very similar on each platform. And then, basically, if you see that, okay, you know s CEO is tense. The sell for around $10 a gig on Fiverr for a good gig. And then somebody's charging $50 an hour for it on up work. Well, then, there's a difference there in the marketplace. Right? So you can basically take that and list a service very, very similar on on upward, potentially for $40 an hour instead of 50. And then when somebody pays you $40 for an out for per hour, you can go ahead and purchase that same service on Fiverr for $10. Right Then you're gonna make $30. Deliver what? The person on five or delivered to you to the person on up work and make the $30. That's freelance arbitrage. So if that it's a little confusing, just go back and watch that again. So to give you one more example if you're gonna I don't know, do YouTube thumbnails will go back to the YouTube thumbnails. So you're gonna look at YouTube thumbnails, maybe somebody on up work charges, you know, $10 an hour to create YouTube thumbnails for you, as many as they can write. And somebody on Fiverr charges $50 an hour because they're very, very good at it. Well, what you can do is you can list the same exact gig right under them on Fiverr and sell it for $45 an hour. So a lot more people are gonna potentially come to you because it's cheaper. And then you can basically purchase the gigs on up work and deliver to the people that purchase your gigs on Fiverr. So you're delivering the upward persons gigs to the five or people that purchase and you're keeping the profit so you can basically do it from five up work. You can do it from up work to fiver, but there's a lot of different ways to do this, and it's really up to you and your imagination to basically get the most out of it and get the best out of it. 23. B24: So the next one we're gonna talk about is another form of content creation, and it's it's gonna be twofold. I'm gonna give you two examples of this now. I touched on content a lot in this in this course, so we have our YouTube's. We have our, you know, our courses and stuff like that, another great that way that you could monetize content is through e books. So if you don't want to create video products or anything like that and slap them up for the ad revenue on YouTube or sell them on a marketplace like you nimir skill share, well, then you can create e books and then sell them on Amazon. So Amazon kindle direct publishing makes it super, super easy to do this, and you could write E books on anything and then put them on a marketplace like Amazon and collect the passive income. Like I said, it's super easy to get started, although in my experience, E books is very competitive. So that's why it's in the bonus lectures. It used to be maybe like, 5 10 years ago, a very, very lucrative business model, but now it's a lot more competitive it's hard to potentially rank a good book and collected passive income. Now I have friends that make like hundreds every month, and that's not that much, but hundreds every month, off, off a book or two. And they obviously have multiple multiple books, which can obviously scale up to a good amount of income. If you have 20 books potentially all learning you 100 bucks, well, that's two grand a month in passive income just because your books air sitting on Amazon's marketplace. So just something to keep in mind if you're a writer, if you enjoy it, you know I would. I would basically implore you to try this out. But try it out with, you know, curbed enthusiasm, so to speak, because it's very, very difficult. My my opinion, in my experience from the people that I network with, I've never put an audio book on Amazon. But a lot of people that I know and do this religiously and do this for a living say it's very, very competitive now. Now a great opportunity, in my opinion. That's just like content. And just like e books, that is not the as untapped right now, is or as tapped right now is audiobooks. So you can put audiobooks basically the same overall thing just in audio format and put them on audible. Now, what you're gonna do is we're gonna sell them just like audiobooks on Audible. And it's gonna be passive income because just like in e book on Amazon, your audio books going to be on Kindle and it's just gonna collect you passive income per sale. There's always people searching for good audiobooks. You're gonna learn about 10 to 15 bucks for sale. But you're also going to if you leverage like social media or you leverage like a YouTube channel where you leverage a block or you leverage like a review thing, you know, literally anything if you get, you're going to get a referral commission for bringing new people in. So if I recommend you an audio book and it's my audiobook and you're the first, this is your first time going to audible, I'm gonna get a commission for that. I believe it's 20 or 50 bucks. I forget what it actually is. I've never put an audiobook on audible, but it is something I planned to explore and potentially do this year. I'm just still weighing my options. But so I would get that referral commission that 20 or 50 bucks for referring you to the audible Service and them getting you as a customer, and then I would get 10 to 15 bucks for the sale. So you're only paying 10 to 15 bucks for my for my audio book. But I'm getting, you know, 45 or whatever. I can't even do math right now. 50 bucks, 65 bucks, whatever it waas where you know, it depends on his 20 earth or 50. I forget. But that's obviously passive income. It's a great, great way to monetize and, you know, basically earn passive income through content. And in my opinion, this is a lot less competitive than E books, So audio books is highly untapped. It's an untapped market place, in my opinion, and it's just like you to me and skill share, which, you know there's a great opportunity, but not necessarily the competition to match that demand. 24. B25: so that leads us to the next thing I know. I told you that you could leverage the audio books with social media, but you can also strictly and a lot of people do this. And this is very similar to a personal brand all you know, although you don't have to grow a personal brand, so I'll pull up a couple examples in a second of Happy will do this so you can grow a Social Media page and monetize it. It's very, very simple, but this is also a long term game. Unless you have, like a high profile account or a lot of followers or a lot of subscribers on YouTube that you can leverage to grow a page fast, it's gonna be a slow process is, well, just like a personal brand so you can monetize Ah, Facebook page Or start. You can monetize an instagram page with paid sponsorships affiliate links C p a. Lynx, just like a lot of the stuff we talk about. You can do it with an email auto response, funnel through your bio link, and you can use a thing like link Tree. So I used Link Tree in my bio pop my my social up on the screen right now, my instagram, if you want to go ahead and see exactly what Link tree is and what it does. Basically, it's a bio link that allows you to have multiple biologics so you can monetize in a number of different ways. On Instagram you monetize with email. Auto response Funnel You could automate a lot of the tasks on instagram as well, with a software like Follow Like or or Captivate captivates like a cheap version of it filed Lakers like a fully, fully automated and scaled one. Another examples. Like Jarvie, you can also buy an instagram page and then flip it. So if you if you know you potentially get like a 20,000 follower instagram page that already has some traction, you can buy that for a cheap price. If you find a good one on fame swap now, fame swaps a great website. So I pulled up um, where I'll show you really fast, just like what it is. And basically people list their profiles on here. They also list like YouTube like like YouTube channels as well and also instagram pages, and I know this because I sold to to ah, accounts on fame swap. So one of them was a drop shipping instagram that I used for my drop shipping course, and then obviously 20,000 people went through that course. So I didn't want to use that as a drop shipping instagram anymore because it was kind of it was too obvious. Eso I sold that one. But that person, I think at that time that have, like 40,000 Instagram followers or something like that and a ridiculously high amount of engagement per the people, because it was a passion driven niche. I sold that for I think it was 100 bucks, and that person got, like, a 40,000 follower instagram account for 100 bucks. I was cleats steal for them. But it was just because I was trying to get rid of it. And you can find those all over the place on fame swap or any of the marketplaces like that . Now, some of them are going to be overpriced. So you want to make sure that you look at them you want, make sure that you check the engagement you just want you want, make sure that they don't have fake followers, but you can find obviously overpriced deals. But you can also find great great value deals on a place like this where you could basically buy a page with 100,000 followers for maybe, like like a couple 100 bucks. If you get lucky. And then obviously you can take that and monetize that inspiring page proactively right away. So there's a number of ways to do that. Now if I pull up an INSTAGRAM account really fast, there are so many other people that do this so you can monetize an instagram. Let's just pull up investing. Simple. So investing simple is somebody who runs. This is Ryan Scrivener, So he has his own personal brand. But he also runs a block called Investing Simple. Now he monetize. Is this cause it's like a finance blawg? Obviously, this isn't through him. Nobody comes to investing simple and nose like. Okay, this is Ryan Scrivener. No, it's not. This is his blogging, his instagram page that he monetized. Right? So this is an example of a bio bio or a link tree Bio link, I believe. No, it's not actually. So a Link Tree bio link would take you to another page where you can basically click on a bunch of stuff. But basically what he's doing is he's monetizing his block here and he sells sponsorships. He does posts. He also he gets affiliate links right here. This is M one finance on Investing App where if you go through and you start investing with them on finance, I reference this earlier on in the course, he gets a commission for that. So this is an example of a block that he's monitor are a blogger and an instagram that he's monetized and it's not connected with him personally. He just has monetized a finance fan page. Essentially now you could do that on Instagram. You can also do that on Facebook so you can do same thing on Facebook. Paid sponsorships, affiliate links, C p a links, email, auto response, funnel and even video ads. Because now the Facebook pays creators for video ads with ad revenue. A lot like YouTube does, you just have to hit the threshold for YouTube. It's like, Ah, 1000 subscribers, 4000 hours of watch time for Facebook. It's actually like it's like it's like 1000 3 2nd views and 10,000 followers, or 10,000 likes on your page and then one other things, so you have to hit the threshold. But eventually you could monetize with video ads on Facebook, too, but those are just examples of how you can grow social media page and monetize it. 25. B26: All right, so now we're gonna move on to consulting. Now, this is gonna be a quick one, and consulting is usually leveraged with something else. So if you have a social media, you could sell consulting from your social media. You know, it's it's a very easy way to do it. If you have a YouTube channel, you can sell consulting from your YouTube channel. If you create courses, you can sell consulting through your courses at the end. So that's always lengthen the bonus lectures for me. As an example of how I monetized with consulting now, it's difficult to simply just monetize with consulting. You can certainly do it, and there's people out there that make a lot of money doing Consulting Sam ovens would be a great example of that. But basically all console thing is, if you don't know, is offering to help people trying to learn your expertise. So everybody's good at something. I would say one of my expertise is is like fitness or nutrition. Another expertise of mine is like marketing and online e commerce. Ah, lot of different things, and you could basically exchange an hourly rate. So I have YouTube channel. I create courses and I always link consulting there. So sometimes I'll get people that want to consult with me and pay me hourly through my website to basically talk about how to launch a private label product. Other people will talk about how to start a dividend portfolio. Other people will talk about you know how to do all nine RB trash. There's a number of things that people call and ask me about, and I can help them with insulting. Now if you don't have an own your own website to basically start charging for consulting. Ah, great place to do is clarity dot FM, so I'll pull clarity dot FM up for you just to show you clarity cannot spell. There would go clarity dot FM, and you can see here that basically, if we search for anything, so let's see like, let's see, e commerce. There's a lot of people that charge for e commerce. This guy charges $6 a minute. 6 67 This person charges $33 a minute and look how many calls that they've made. So 386 calls 239 calls. This guy's taken. So there's a lot of people out there that are willing to pay Confer consulting. And you can also go and basically offer your services on a marketplace like clarity DOT FM . It's very, very easy to get on there. And there's already people looking to basically book cause and hop on a call with you and pay you for on a service like this. Another great example is like marketing. So marking $83 per minute. This guy charges and he's taken 1.3000 calls. This guy's making a killing doing, you know, marketing calls on clarity dot FM. Let's search for nutrition right here. Dietitian 1 67 per minute, which is still like, Oh, that's still like almost 100 bucks a czar like 80 bucks an hour. I can't do the math right now. Let's figure out how much that is. 1 67 per minute seems pretty low. It's like low on this marketplace, right? 1 67 per minute is $100 an hour. That's crazy. That's crazy money, literally for just hopping on a call with someone. She's taken seven calls already. This person charges $5 a minute, 2 50 minutes. So you can hop on a marketplace like this, and it's very, very easy because there's already people searching for. You know, these types of things where you could basically monetize your time and hop on a call with them. I highly recommend that you check out clarity if you have anything to offer the marketplace . If you have any expertise whatsoever, hop on clarity, started profile and offer it as consulting. 26. B27: So this one is not gonna be necessarily a business that you should realistically go out and try to launch and, you know, scale up necessarily. No, don't get me wrong. Other people can do this types of stuff and they'll go to, like, garage sales or estate sales. Or, you know, like liquidation sales or anything like that, and they'll scale up and make a lot of money doing this. There's a lot of people on YouTube that document this if you're interested. But if you're a new a new entrepreneur and I get this all the time because new entrepreneurs always asked me, You know, I want to do this, but how can I get $1000 to get started? What should I do to get that $1000 nest egg to get started? Or I want to start Shopify. But I don't have any money for ads. How can I get money for ads or I want to do at literally go down the list? There's so many examples of that, but one of the best ways that people overlook because they're not willing to invest the sweat equity, And I don't care how skilled you are as an entrepreneur if you want to do these types of things, if you want to be a successful entrepreneur. And you heard it from Mark Cuban right from his lips and that little clip that I played you in a few lectures ago. You know, one of things you got to do is you got to be willing to work hard. You gotta will be willing to work, Invest, sweat equity and one of the easiest ways literally. I don't care who you are. If you live in any in any semi affluent country, you have extra items around your house that you can sell that you don't use that your family doesn't use your your sisters, your brothers, your cousins, your aunts, your uncles, your friends, your other. Your anybody has extra items around that they don't use. And you there's so many places where even if you don't know anybody, you can still find those things for free and then sell them back on another marketplace for money. So one of the things that I would do if I was starting over if you put me back in my parents house and I had zero money and I had zero ways to get started, but I still have all the knowledge that I have now. One of the things I would do to get started is sell household items for extra cash. I would go to my sister's house and I would ask her all the stuff that she's not using because I'm trying to create a nest egg to launch a business so I could get out of my parent's house and then I would I would sell everything off that she didn't use. I would sell it on mark places like we're gonna talk about here. I would scour my parents house and asked him, What are you not using? What? What can I sell? What can we get rid of? Let's let's launch a garage sale. Let's launch a A Ah, a yard sale where I'd list a bunch of stuff on Amazon. A list on eBay listing on Macari listed on Posh Market. We covered all those in this course. All great mark places the self stuff I list some stuff on let go. If it's bigger and you know you can't necessarily ship it, I'd listen on let go for people locally to come potentially make an offer for, like, $10 cash or $20 cash or $50 cash, depending on what it is. I'd also look for stuff on let art offer it. I'd put it on offer up as well. I put it on Craigslist as well, and I put it on Facebook. Mark places Well, these are all marketplaces. You can sell some stuff that around the house that you can make extra money on. Now. Furthermore, you can also go to let go. You can go to if you If you take one thing from this lecture outside of the fact that you have to work hard, it's this. You can go toe, let go. You can go to offer up. You can go to Craigslist and you can go to Facebook marketplace and there are three items on there. I will break that. There are free items on there that you could basically go pick up because the people are just looking to get rid of them and you can resell them back on other places. Like if you go to let goed, for example, and you find a free item and we're gonna do it right here in a second show you you can go get that free item list that freedom back on, offer up Craigslist and Facebook marketplace If it's big and you can't ship it, and basically you're gonna get it for free and then you're gonna sell it for, like, 20 bucks and make 20 bucks for free. Now this is sweat equity you're investing. It's hard work because you have to be willing to go out and get it. If it's big and, you know, go grab it with, like, a truck or something. Sometimes it's a little bit smaller. I've done so many different things. I've gotten like clothes. I've gotten shoes and then resold them back on Posh Mark. I've gotten other things and resold them back on Macari, so there's a lot of ways that you can do it if you're willing to work hard. But that's one of the first things that I would do if I was trying to create a you know, a good amount of money, and you could probably create, you know, a couple 100 bucks to 1000 bucks as a good nest egg. You know, just reselling stuff around the house that your family, your friends, you know, your extended family and just finding free stuff on marketplaces like that. And you could basically use that as a nest egg to launch a legitimate business once you do it. So let's go toe, Let go. I'm gonna find I'm sure your example of Lecco on offer up really fast before we close this out and I'll just show you exactly where you can find these. Now you can find them on Craigslist as well, and you can find them on Facebook marketplace as well. But I want to show you two examples right here. So let go free stuff and you're in a quick free stuff. And wouldn't you know it? This person is trying to get rid of this brown to door cabinet. You can go on, pick that brown to door cabinet up if you can fit it in your car or you have a friend with a truck or whatever, and you can go grab that cabinet for free. They're just trying to get rid of it. And you can realistic back up on offer up. You can release the back of on Facebook marketplace you can release the backup on Craigslist for 20 bucks. 50 bucks. It's a It's a wooden cabinet that seems to be in semi decent condition. This person just isn't selling it, and it's relatively close. It's like 15 minutes away from where I'm at and you could basically make free money. If you're willing to go grab it now, this is another example Queen size bed. Probably not in the best condition. If you're willing to go pick it up, you can probably flip that for I don't know, 20 bucks easily. 50 bucks easily. Probably. I spent money on the mattress. I think my masters like 1500 bucks. So if I was, if I was looking for a mattress and I hadn't bought that new one and I didn't have 1500 bucks a drop on a mattress, you better believe that I'm gonna look for a good deal on a mattress like $20 or $50 mattress. You could make money that way, so that's a good example of that. If you're willing to put in the sweat equity, same thing goes on, offer up. Like I said. Same thing on Craigslist. Same thing on Facebook marketplace. So you're sort and search for free Freeland persons trying to get rid of it. You can list that back up on your card. You can list it up on Leto, offer up. Whatever. Uh, free furniture, same thing. Free shoes list among posh Mark. Looks like they ship, but you could go pick them up depending on where they are. And obviously, you can sort, you know, on the state marketplaces so you can sort, like, very, very close to you were if you're willing to go a little bit further, very, very far away, depending on the profit margin and what you want to do. So this is a great opportunity to just create a startup nest egg. You know, I highly recommend that that's what you do if you're just starting out and you're really not sure what business you want to do yet and you need some money to get started. This is probably the root you should go just until you figure out what you want to do. So you can make some money in the meantime and start getting your money up so you can invest that once you're ready