Would you like to create a passive income stream and make $100 daily?
Today I will share with you an amazingly inspiring story of one guy , who created a consistent strong passive income. He is 22 years old, English is not his first language, but using his brains he is making more than $3000 a month. Moreover, I have no doubt that in a few years he will become a self-made millionaire. Are you interested? Of course, you are! 🙂
Before we dive into learning from his amazing experience, I want you to relax, because you know that I would never promote any crappy get-rich-quick schemes . The only thing I promote is…. blogging! Yes, I truly believe that blogging is the best way to make money online, whether you are a beginner or an experienced marketer. So what are you waiting for? Start your blog right now!
Okay! Let’s get started!
As you know, I am a big fan of reading (like that guy, who has a Lamborghini in his garazh ). Oh, I read a lot! I enjoy reading books on self-development and motivation. From time to time I watch video summaries on YouTube before I start reading a certain book.
One of the books I’m going to read sometime in the future (yes, I still cannot completely get rid of procrastination!) is “7 Habits of Highly Effective People” by Stephen Covey. It is one of the most popular books on self-development. If you have read it, please post a comment below.
What I did a few days ago was: I went to YouTube and researched some video reviews and summaries. Here are the results:
As you see, “7 habits of highly effective people” is a popular search phrase, more than 39.5 thousand results. His video is on the first position, and has already almost one million views.
The channel is called “Fight Mediocrity” the author’s name is Malkhaz. If English is not your first language, and you don’t understand what the word “mediocrity” means, I strongly recommend that you use Google Translate or whatever service you’re using, to fully understand the concept he is using.
I really enjoyed, and learned a lot from this video, and you won’t regret spending a few minutes watching this amazing summary
As you see, Malkhaz is making so-called doodle videos using software like Sparkol VideoScribe, or Easy Sketch Pro.
Why is this video so popular? Read the comments below it, and you will understand. People like what he’s doing. People are bored of all these videos like “I’ve read the book, it’s so amazing, click my referral link below this video, go to Amazon and buy it”.
There are 60 videos on his channel. Sometimes after watching his video I feel like I’ve just read the book he’s reviewing.
Here is another example.
Let’s go back to YouTube and type “how to get rich”:
It seems those who are interested in getting rich, should watch his video immediately!
Okay! Now it is the time to give Malkhaz the floor. Here he is talking about how he built this YouTube channel and how much money he’s making from it:
If you don’t want to spend a whole minutes of your life watching this video, here is the quick summary:
- He made $3600 in one month from YouTube adds,
- It was a purely passive income,
- The channel is growing
What is the secret, and how did he build one of the most popular YouTube channels on self-development?
As I mentioned previously, Malkhaz doesn’t make these crappy videos “nice book, here is the link, go and buy it”. What he does is he delivers VALUE. It’s VALUABLE INFORMATION It takes a lot of time to read a book, to write a script and to make this animation. But the return is pretty good – money from ads and loyal subscribers
How do I know, and why do I think that he will become a millionaire within a few years? Let’s think a little bit.
Who is interested in self-development, motivation, personal development and stuff like that? Who is interested in reading books like these ones?
The Richest Man in Babylon by George Clason The 7 Habits of Highly Effective People by Stephen Covey How to Win Friends and Influence People by Dale Carnegie Rich Dad Poor Dad by Robert Kiyosaki The Power of Habit by Charles Duhigg Mastery by George Leonard Think and Grow Rich by Napoleon Hill The Six Pillars of Self-Esteem by Nathaniel Branden The Way of the Superior Man by David Deida The Power of Now by Eckhart Tolle The 48 Laws of Power by Robert Greene Outliers by Malcolm Gladwell Influence: The Psychology of Persuasion by Robert Cialdini The 4-Hour Workweek by Tim Ferriss The Millionaire Fastlane by MJ DeMarco
Freebie seekers? I don’t think so. His subscribers are investors; they invest their time, their most valuable asset, in their brains. I’m not familiar with the traffic sources and demographic characteristics of “Fight Mediocrity”, but I think, these people are living in highly developed countries like the United States, Canada and others.
Let’s read the comments:
“FightMediocrity” has more than 200 thousand subscribers! People are excited, inspired and motivated.
If Malkhaz someday decides to write a book, I have no doubt that it will become an Amazon bestseller. He’s building his brand; he has already become an authority and a trustworthy person.
Even if he decides to organize a conference to share his experiences on self-development and charge $100 per person for participation, I think, he won’t feel like Tony Robbins flying his jet helicopter and seeing the traffic jam caused by people going to his event, but a full house will be guaranteed.
Maybe, it’s an exaggeration, but this guy has huge potential.
And the fact remains that he’s making more than $100 daily from YouTube Ads, and his channel is growing…
Okay, you are inspired, motivated, now what should you do?
Should you start a YouTube channel? Should you buy that software and make doodle-videos?
Maybe, but actually, my blog post is not about making money from YouTube, it is not about making doodle-videos… The quote by Brian Tracy, a popular motivational speaker, comes to my mind. (By the way, a few weeks ago I finished reading his amazing book “No Excuses! The Power of Self-Discipline”. I strongly recommend that you invest in your brains rather than spend your money on buying those crappy get-rich-quick schemes). So, here is the quote:
“The key to creating wealth is simple. It is called “adding value.” Successful people are those who are always looking for ways to add value in some way to a person, a company, a product or a service.“
That guy found his way to add value. His summaries are the best, I watched them, and I DO think so. I am a loyal fan. People are exited, people are happy.
My conclusion is:
If you want to stand out in a crowd, learn what other people are doing, and try to do it in a little bit different way, a bit better way, try to deliver more value than others. This is his way, what is your way?
Don’t hesitate to post a comment below this post and share your favorite way to make money and to add value.
In my personal opinion, the best way to deliver value is to share my knowledge and my experience through blogging. A lot of people are making full-time living from blogging. So what are you waiting for? When do you finally stop procrastinating and start your own blog? I will be your first reader, I promise, just give me the link to your blog.