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So in the last year,
I have made over $100,000
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selling digital products.
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I probably made closer to $3 million now
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from selling digital products over the years.
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My digital products consist
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of things like wallpapers, presets,
website templates,
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and Notion templates.
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Basically, anything I'm personally interested in.
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This is as close
to passive income I could find
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without actually having to have
a boatload of cash
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already on hand.
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Even though the video title
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might be along the lines
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of "In a weekend,"
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I don't see why many people couldn't do this
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in a day or even in a few hours.
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By the way, I've put together a list
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of profitable digital product ideas,
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I'll leave a link to it
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down in the description below.
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So the first thing is, of course,
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figuring out what digital product
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you want to sell.
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This is where you need to lean into
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what you're good at.
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So maybe you have a specific skill set
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that you can sell in some way.
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Maybe you're an artist,
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you could sell some wallpapers
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or digital art.
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You could even sell posters.
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Or maybe you're someone
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who's great at playing the piano,
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you could make a video course
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teaching other people
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how to play the piano.
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I think a lot of people think
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that digital products are limited
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to only things like wallpapers
and Notion templates,
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when in reality,
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you can make digital products
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for just about anything.
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Tropic Colour is a great example
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of a business selling
digital products for video editors.
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They sell a huge range of products
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ranging from video LUTs,
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to video transitions
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and just a bunch of other stuff
for video editors.
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Putting it up for sale.
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Once you have your digital product ready,
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it's time to put it up for sale.
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There are few platforms out there
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that make it easy to sell digital products.
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I think Gumroad is the easiest
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as they set up a website for you,
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handle the payments, handle the taxes,
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pretty much everything else.
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And they even have like
email marketing and stuff,
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which I think is super powerful.
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I think that's actually one
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of the most powerful things about Gumroad.
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How everything is just there, ready to go.
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Gumroad is what I'd recommend
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if you're just starting out.
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If you're someone who's expected
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to make $1,000 or more a month,
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then I would instead
recommend something like Sellfly
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or Payhip.
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They're a bit more work to set up.
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Quite a bit more work actually.
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But they don't take 10%
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of all of your sales like Gumroad does.
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When putting up a product for sale,
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put together some marketing imagery
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like the thumbnail and any images
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that show what the customer is getting.
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So for example, with my presets,
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you see some example imagery
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showing the before and after,
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just to show the customer
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this is what they're gonna expect,
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this is the product they're gonna get.
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It really helps sell the product.
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You've really got to be able to show
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what is the benefit of this person
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having this product.
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And that's literally it.
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It's very simple.
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And I think unfortunately,
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a lot of people overcomplicate it.
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They think it takes days, weeks or months
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to sort of set up a store,
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make digital products, sell them, whatever.
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But the thing that's probably
gonna take you the longest
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is making the product itself,
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because, of course,
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you have to figure out
what skill you have,
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what unique trait you have,
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what's something
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that you can sell to other people.
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Putting it up for sale
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should only really take you a few hours.
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I think, with all of these services
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that are now available
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when it comes to setting up
your shops and stuff,
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selling digital products and things,
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they've just made the whole process
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so much easier.
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Marketing.
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So now comes the time for marketing.
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There's two ways to market a product.
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Organic marketing through social
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and Google is definitely
one of the cheapest
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and one of the easiest ways.
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Or paid marketing,
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if you don't want to spend the time
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building the socials and you have money
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to spend on paid ads.
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Organic marketing through social and stuff
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is definitely what I recommend
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at the beginning
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because I think it's a good way
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to figure out
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if your product is something
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that just a normal person would want to buy
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without using any paid marketing.
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A lot of people think that
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they can force their product
on to a customer
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and force their product into a market
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by using paid ads.
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When I actually don't think
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that works quite well,
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unless you are somehow certain
you have an amazing product
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that no one else can do.
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But I really do think
using socials and stuff,
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just trying to get some sort of engagement,
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trying to figure out
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is this a product people
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are going to actually buy?
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The biggest mistake people make is thinking
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that they need an audience first
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and then they sell the product.
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And I completely get it,
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especially when you look
at someone like me,
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when you look at other creators online,
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they have an audience,
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that's how they're getting their products
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in front of an audience,
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in front of their socials,
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whatever it might be,
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when that really isn't the case.
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The most successful creators
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I personally know actually
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made the audience
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alongside making the products.
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So, for example,
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if you are an artist,
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how do you think you would build
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an audience to sell your art?
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You'd, course, share your artwork online.
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If your artwork is cool and unique,
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will naturally follow your content,
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will then actually like your content,
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and those who like it a lot
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will then maybe buy it,
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maybe sell posters,
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maybe sell digital products
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like wallpapers,
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artwork, whatever it might be.
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I think a lot of people
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unfortunately fall into the trap,
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like I said, of thinking that you need
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the audience first.
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I really do think
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building the audience alongside,
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building a product
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is the best way,
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because if you can't build
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the audience alongside the product,
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then unfortunately
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your product probably
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just isn't good enough.
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You haven't done a good enough job
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of showing what the product can do
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or the product isn't good enough.
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That's the harsh reality of it.
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If no one is buying your product
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through organic socials and stuff
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and you're not able
to build an audience off of it,
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then yeah, the harsh reality is
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your product probably just isn't good enough.
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Like I said, out of all the things
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that I've tried throughout my life,
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this is probably one of the most passive ways
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that I've made money.
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This is probably
one of the most passive ways
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that I generated an income for myself.
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But I want to make it clear
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there is no such thing
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as truly passive income.
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You always have to put in the legwork
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to get something actually going.
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I'd say my most passive
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source of income right now
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is my stock portfolio.
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However, that's not something
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that you can just suddenly have.
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It just doesn't make sense
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because you have to have the money
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in the first place to invest
in stocks and shares.
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You still have to put in the legwork.
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That is definitely the most passive thing
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that I have right now.
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So I make the money
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from my digital products.
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It goes straight into my stock portfolio.
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I'm making the money work for me.
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For people who have been long time followers,
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not just on the channel,
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people have just followed my socials.
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What I've been doing for the last
sort of ten years now,
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will know that digital products
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is how I got into making money online.
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That was my first way of making money.
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If you've watched my previous videos,
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you may have seen me mention
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Tumblr themes.
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Some of the themes were just incredible
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to me.
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They absolutely changed my life.
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Before that night
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I was selling like
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Android icons and things like that
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for like three bucks a pack.
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So I really had
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the taste of digital products.
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I knew that digital products
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were such
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a fantastic way to make money.
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That was just something that
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clicked for me.
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When I knew that I was selling something
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that I had just designed in Photoshop
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because we were using Photoshop back
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then, designing
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Photoshop put out for sale
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and people were buying it.
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And I remember I was making like
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I was making enough
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where it was as good as a part time job.
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It was paying my bills and stuff
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and this was blind is blowing
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my mind at how this was working then.
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It's of course
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just evolved into other products.
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I remember Mr.
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Miller Tumbler templates,
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WordPress templates,
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and my template templates
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were really popular,
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I guess at the time.
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I just had a specific style
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and I was making sort
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of specific templates that people wanted,
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and I sold so many sample templates
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before Tumblr kicked me
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off their Tumblr theme in.
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I think I got up to $700,000,
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nearly $700,000, and that's
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just on the summer theme garden.
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I'm sending templates
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outside of it as well.
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I was getting clients
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because they would see my themes
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and the like, Hey, we want something custom
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for our for our brand.
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So I'll do that too.
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Yeah.
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The reason
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I actually got kicked off the term,
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I think island was because I stopped
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updating the themes.
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The income had dwindled quite a bit.
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I think it had come down to like
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$500 a month.
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And for me to update like 20 themes,
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it wasn't actually worth it
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for the cost in the time that I had
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to put into updating them.
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Just wasn't worth it.
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Worth it for that extra $500 a month.
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Now, of course,
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$500 a month for a lot of people.
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Like I said, it's a very,
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very nice
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bit of side income.
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But of course, with all my other businesses
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and stuff,
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it just didn't make time
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sense and financial sense this time,
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since even the word ventures
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do make sense for me,
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ever since I have been selling
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digital products online
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in some way or another.
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Right now
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I just have wallpapers, presets, templates,
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notion templates
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and I have some courses as well,
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but the course is actually
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this is the thing
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I seen a lot of people fall
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into the trap of the courses
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actually become
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their main source of income
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and I completely get it
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because people want the knowledge,
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but my primary source of income
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still is my digital products
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and sponsorships on YouTube.
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Now when you see like a sponsored
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segment on video and stuff,
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you know, I'm getting paid to do that.
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But that's not technically really passive
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because I've still got to put in the work
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of making the sponsored segment,
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leading out of the sponsored
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segment, finding the sponsor
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or the sponsor coming to me,
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negotiating and things like that.
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Digital products, it's
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not like that whatsoever.
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I make the digital product
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put out for sale
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and then hopefully people find it
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and they buy it like
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there's not no other easier
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way to make money online.
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I think as I mentioned earlier, though,
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I've put together
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a list of resources in the description
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I highly recommend checking out.
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Hopefully you guys enjoy this video.
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Make sure to check out
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one of my other videos.
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I've done so many videos recently
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on the sort of high income skills and other
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digital product videos.
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Make sure to check them out.
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Follow me on Instagram or Twitter
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and subscribe for more.