Category
🤖
TechTranscript
00:00So, you're tired of the false promises about making money online and the methods that seem
00:04to work only for others.
00:06Maybe you've already tried jumping into the world of dropshipping, affiliate marketing,
00:11or Amazon FBA, found that it's not quite as easy as they say.
00:15Now you find yourself inundated with motivational YouTube videos, promising you easy money.
00:21But the truth is a little different.
00:22Well, this video is here to save you time and money, and yes, to tell you the truth
00:28about how you really can make money online.
00:31Stay until the end, because I have prepared a surprise for you.
00:34Don't worry, I don't have to sell you anything.
00:36Like many others, I also started with a series of online attempts, and at first, I thought
00:41it was just about finding the right method.
00:43I tried selling my services on Fiverr, but no one bought them.
00:47I tried trading, but lost all my money, leading me to ask why it was not working for me.
00:52Well, the answer is not that it doesn't work, but that it doesn't work that way for everyone.
00:56The truth is that almost all methods of making money online work, but each of them has a
01:01learning curve and requires some commitment.
01:04The issue is not so much whether these methods produce results, but whether it is really worth
01:08investing time and money in each one.
01:10Some paths may take months, even years, before they generate significant gains.
01:15So the real question is, which method can give you real results without a disproportionate
01:21investment of time, money, and effort?
01:24To answer this question, I analyzed all the alternatives out there, and came up with two
01:28businesses that actually have good potential, which I will tell you about in a moment.
01:33Online is like a jungle.
01:34They will try to sell you everything, even the course that teaches you how to use an app
01:38unknown to mankind, where investing $1,000 will make you an instant millionaire.
01:44Crazy staff!
01:45But not all courses are junk.
01:47What you need to know is that the information you find inside the courses can be found freely
01:52online, simply by doing a YouTube search.
01:54What the courses give you extra is the fact that the information is well organized and
01:59the support of the group.
02:01There are certain words that should immediately set you off.
02:04If you hear words like automatic, passive, guaranteed, easy, risk-free, fast, it is highly
02:11likely that it is .
02:12It's not 100% sure, but it's close.
02:15The businesses I have found are automatic and guaranteed.
02:19Just kidding.
02:20Let's start right away with number two, Kindle Publishing.
02:23This business consists of publishing books through the Amazon KDP platform.
02:27To sell them, you can use Amazon ads, Facebook ads, Instagram ads, and then spend money, or
02:33you can use an alternative that is free, which is TikTok.
02:37Let me explain a little bit more.
02:39If you do a search on TikTok through these hashtags, you will see that there are actually
02:43a lot of people selling their book through Amazon.
02:46What they do is they post two-thirds videos a day while showing the book, trying to create
02:51viral content.
02:52Once they find the formula that allowed them to go viral, they replicate it.
02:56This method is good for all kinds of books.
02:59However, it works very well with journals, dairies, coloring books, and funny books because
03:04they are books with high viral potential.
03:06Let's pretend you create a book and price it at $16.
03:10This will be your net profit.
03:12Now, let's pretend you create some content, and one of them gets 100K views.
03:17About 1% of 100K actually buys the book.
03:21So doing the math thanks to that video, you will earn about 7K, which is not bad considering
03:26you have invested almost nothing.
03:29Let's summarize together the steps you need to take.
03:31Create a KDP account, create the book, create TikTok profile, publish the book, publish one-third
03:37video a day, and replicate content that went viral.
03:41But now let's turn to what I think is the best online business, YouTube.
03:45There are channels that, with a few well-researched videos, have managed to build a loyal audience
03:51and generate significant earnings.
03:53To understand the earning potential on YouTube, it is critical to understand two key metrics.
03:59The CPM represents the amount advertisers pay per 1,000 monetized views of a video.
04:05RPM is the actual revenue a content creator receives per 1,000 total views.
04:11Once you meet the requirements for monetization, YouTube allows you to earn money through the
04:15ads that appear in your videos.
04:17But that is not YouTube's only source of income.
04:20What you need to do is pick a niche that you like and possibly profitable.
04:24Next, do research to figure out the target audience.
04:27Create the video, cover script, editing, voiceover, title, description, and tags.
04:33You can delegate this part, or you can do it completely on your own.
04:37Finally, publish the video.
04:39After publishing it, you need to pay attention to the CTR and audience retention.
04:44The higher these metrics are, the more YouTube will recommend your video to new people.
04:49The secret to success on YouTube is to make videos that people click and watch until the
04:54end.
04:55Both of these methods work as long as you are willing to devote time to them.
04:59Set income goals.
05:00If your goal is to create a second income that perhaps helps you support your studies,
05:05you may as well handle it yourself.
05:07If you have a more ambitious goal, then you need to seriously think about delegating the
05:11work.
05:12Because delegating is the best way to expand.
05:15Don't expect a linear road, you will find obstacles to overcome along the way.
05:20Each time you overcome a difficulty, you gain new skills and, more importantly, awareness.
05:26That way, when you encounter the same obstacle again, you will already know how to deal with
05:31it.
05:33As promised, I have created a file in which I analyze in detail all the businesses that are
05:38out there.
05:39So you can make an informed choice about which business to start.
05:42You can find it in the description.
05:44Share below your experience with online businesses and we'll see you at the next one.