I started my online business in 2014 and didn’t make anything for six months. I didn’t give up though. I learned everything I could about making money online and grew my income streams. I averaged over twelve grand a month last year and am already averaging over $20,000 a month in 2020.
I’m not special. Believe me, if you know me…you know that’s an understatement. There is no magic secret here, just the best way to create multiple sources of income online and create that financial independence you deserve. I’m going right into my monthly income spreadsheet to show you when I started to use each income stream, how much I make and how to get started.
I do want to share a few resources and video links though. The first one is to a free webinar for starting and growing your YouTube channel. YouTube has doubled my monthly income and it’s by far my favorite right now. Reserve your spot and get started fast.
It all started with blogging and even if you become a YouTube star, you’re going to need your own website [instead of hoping YouTube won’t change its rules]
When you’re ready to get started, I’ve negotiated a special price with Blue Host. You won’t find a less expensive way to get your blog online.
In this video, I’ll start off with why the FIRE movement is pointless. Why you need a purpose beyond ‘early retirement’ and how to find yours. I’ll then walk you through my online business from the beginning. I’ll show you all five major income streams, which are the fastest to start and which make the most money.
Self-publishing was my first income source and easily the most passive of the group. It’s a great way to make money for new bloggers because you’re benefiting from the world’s largest ecommerce site. You don’t need to have a huge blog.
I recently published a book revealing my entire self-publishing process and secrets to being successful with ebooks. An Amazon best-seller in the blogging and publishing categories, it’s a step-by-step to getting your first book published.
I’ll also show you how to set up affiliate marketing on your blog or YouTube channel. This accounts for a huge chunk of my online income and it’s one you can’t avoid. We’ve got a playlist on the channel for setting up and driving sales for affiliate marketing.
Finally, I’ll share how I’m taking my blogs to the next level with courses and products. If you want to make the big money; we’re talking a six-figure income, you need to be making your own courses.
1:30 Why FIRE is Pointless
2:26 The Five Income Sources in My Online Business
2:40 How I Make Money Self-Publishing on Amazon
5:40 Using Affiliate Marketing as an Income Source
8:55 How to Set Up Affiliate Marketing for Online Income
10:30 How to Get Sponsorships for Income Online
12:10 YouTube as an Online Income Source
13:15 Courses for Passive Income Online
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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