How I Made $4.9M Online At 22 So You Can Just Copy Me
Summary
TLDRThis video shares the inspiring journey of a 22-year-old who went from earning minimum wage at Tim Horton to making over $5 million a year. The creator outlines four key steps, from saving money at a young age to eventually mastering affiliate marketing. They discuss the importance of developing a strong work ethic, learning from failures, and the power of persistence. The video aims to motivate and guide viewers on their path to financial success.
Takeaways
- 💼 Start with a strong work ethic: The speaker emphasizes the importance of developing a strong work ethic early in life, which helped them save $5,000 in their first year of work.
- 💰 Save money early: The speaker advises saving as much money as possible from an early job to invest in future business ventures.
- 📈 Learn from failure: A key takeaway is the importance of learning from business failures, such as the speaker's dropshipping venture that initially lost money.
- 🎓 Develop marketing skills: The speaker highlights the necessity of acquiring marketing skills like copywriting, video editing, and graphic design for online business success.
- 🔄 Persistence pays off: The speaker shares their experience of nearly giving up on dropshipping but ultimately finding success with a trending product, demonstrating the value of persistence.
- 🚫 Avoid unsustainable businesses: The speaker realized that dropshipping, despite initial success, was not sustainable and recommended looking for businesses with less risk.
- 📈 Diversify income streams: The speaker experimented with various income streams, including sponsorships, AdSense, affiliate marketing, and coaching, to find the most stable and scalable options.
- 🌐 Leverage social media: The speaker capitalized on the growing popularity of TikTok to share financial knowledge, which helped to grow their audience and income.
- 💹 Focus on affiliate marketing: After analyzing income streams, the speaker found affiliate marketing to be the most scalable and recommend it for beginners.
- 🏆 Achieve financial freedom: The speaker's journey culminated in earning over $5 million by age 22, allowing them to buy a dream house, travel, and take care of their family.
Q & A
How old was the speaker when they started working at Tim Horton's?
-The speaker started working at Tim Horton's at the age of 15.
What was the speaker's initial monthly income from their online business?
-The speaker initially made $0 per month from their online business after spending $500 on advertising.
How much money did the speaker save in their first year of working at a minimum wage job?
-The speaker was able to save $5,000 in their first year of working at a minimum wage job.
What skill did the speaker develop early on that they credit for their later success?
-The speaker developed a strong work ethic early on, which they credit for their later success.
What was the first online business model the speaker tried?
-The first online business model the speaker tried was Drop Shipping.
How much money did the speaker lose when they first tried Drop Shipping?
-The speaker lost over $5,000 when they first tried Drop Shipping.
What was the turning point that led to the speaker's success in Drop Shipping?
-The turning point was when the speaker tested a dog water bottle product that was trending and viral, which led to a profit of over $60,000 in six months.
Why did the speaker decide to close down their Drop Shipping stores?
-The speaker decided to close down their Drop Shipping stores because they realized the business wasn't sustainable and required high-level skills and could be risky.
What platform did the speaker use to share their finance knowledge and gain popularity?
-The speaker used TikTok to share their finance knowledge and gain popularity.
How did the speaker diversify their income streams after achieving success with Drop Shipping?
-The speaker diversified their income streams by getting sponsorships, selling affiliate products, and coaching, in addition to their YouTube channel.
What business model did the speaker recommend for beginners and why?
-The speaker recommended affiliate marketing for beginners because it doesn't require creating your own product, doesn't need thousands of dollars to start, and is scalable with the skill of creating viral content.
What was the speaker's total income by the age of 22?
-By the age of 22, the speaker was making over $5 million.
Outlines
💼 From Minimum Wage to Six-Figure Success
The speaker shares their journey from earning minimum wage at Tim Horton to making over $1.3 million a year. They started working at a fast-food restaurant at 15, saving up for college and helping with family bills. Despite a tough start, they developed a strong work ethic which later helped them save $5,000 in their first year. The speaker emphasizes the importance of saving money and developing a strong work ethic early in life as a foundation for future success.
📈 Learning from Failure: The Path to $60,000
After a failed attempt at dropshipping that cost them all their savings, the speaker learned the importance of marketing skills. They invested time in learning copywriting, video editing, and graphic design, which eventually helped them make over $60,000 in a few months. The speaker highlights the power of persistence and the necessity of following a proven plan without giving up, even in the face of failure.
🚀 Scaling to $5 Million with Affiliate Marketing
The speaker scaled their earnings from $100,000 to $1 million by leveraging social media platforms like TikTok to share finance knowledge. They then diversified their income streams and discovered the potential of affiliate marketing. They recommend affiliate marketing as a business model for beginners due to its low entry barriers and scalability. The speaker's success with affiliate marketing led to a significant increase in income, allowing them to achieve financial independence and take care of their family.
Mindmap
Keywords
💡Work Ethic
💡Drop Shipping
💡Marketing Skills
💡Persistence
💡Scalability
💡Affiliate Marketing
💡Financial Independence
💡Content Creation
💡Viral Content
💡Investment
💡Mentorship
Highlights
The speaker went from making minimum wage to earning over $1.3 million a year.
They share four steps they took to achieve this financial success.
Worked over 30 hours per week while going to school full-time to save for college and help with bills.
Witnessing their mother's exhaustion at work instilled a strong work ethic.
Saved $5,000 in the first year of working a minimum wage job.
The importance of saving money and developing a strong work ethic early on.
Started dropshipping with $5,000 savings but lost it all within months.
The realization that success in online business requires marketing skills.
Invested time in learning fundamentals of marketing after the dropshipping failure.
Scaled a dog water bottle product to over $60,000 in profit within 6 months.
Persistence is key in business, as almost gave up before finding the winning product.
Closed down dropshipping stores and invested in the stock market, waiting for the next opportunity.
Started posting finance content on TikTok, which quickly gained popularity.
Expanded to Instagram and YouTube, making around $50,000 a month by age 19.
Recognized the need for a more consistent income stream.
Found affiliate marketing to be a gold mine and decided to focus on it.
Made $30,000 to $50,000 a month from affiliate marketing and $20,000 from other streams.
Affiliate marketing does not require a large following or creating your own product.
Discovered a new method of affiliate marketing that does not require showing your face.
Made over $5 million by age 22 and was able to buy a dream house and travel the world.
Encourages viewers to believe in their ability to achieve their dreams with persistence and a proven plan.
Transcripts
one question I get all the time is how
exactly did I go from zero to making
over
$120,000 per month at the age of 22 so
in this video I thought I'd share the
four steps I took to go from working at
Tim Horton on minimum wage to now making
over $1.3 million a year just from my
laptop I'm going to break down how much
money I was making at each stage of my
journey what businesses I've tried and
the key lessons I've learned learned so
that you can do the same before we dive
in I just want to say I hope this
doesn't sound like I'm trying to show
off the real reason I'm making this
video is because I know how lonely it
can be in the beginning I know what it's
like to feel lost and not know what
business to start and I know how hard it
is to believe in yourself when all your
friends and family are doubting you but
it was videos like this that helped me
build my confidence and gave me the
courage to just start hearing stories
about other people's success honestly
inspire ired me and helped me in times
when I was really struggling so my goal
with this video is to hopefully do the
same for you let's start at stage one
how I went from0 to $5,000 so probably
like most of you I started my career at
a fast food restaurant at the age of 15
but while most of my friends were
working to just spend money at the mall
or buy like a new electric scooter I was
working over 30 hours per week while
going to school full-time all because I
had to save up for college and also help
my mom pay the bills there is one day
I'll never forget I took the bus from
school to my mom's work I got to my
mom's job and she was working at a shaa
shop and I remember feeling so sorry for
her because she looked exhausted she was
the only person working there and she
was running back and forth trying to
finish the last orders before she closed
the store seeing my 50-year-old mom so
tired and drained honestly broke my
heart because I knew she was working
just to support me and take care of us
and I felt so hopeless in that moment
and although this was a really hard time
in my life it did teach me a very
important skill that would go on to make
me millions of dollars and that skill is
work ethic this is something not many
people talk about but it's such an
important skill to develop early on in
life because a large part of your
success is simply to just show up even
when you don't feel like it and thanks
to developing this skill at such a young
age I was able to save $5,000
in my first year of working my minimum
wage job now let me share the first
lesson you should take from this the
first step I recommend if you want to
start a business is to save as much
money as possible make sure you're
working hard at your job because not
only will this help you develop your
work ethic but it'll also help you save
up tons of money so that you can invest
into your business now let's move on to
stage two of my journey which is how I
went from $5,000 to
$60,000 although my my mom and I were
working really hard we were still
struggling my mom unfortunately never
went to college so she was stuck working
two minimum wage jobs in order to
support us I found it really emotional
to watch her struggle and be stressed
out all the time I remember it got so
bad that I would have to skip a few days
of school to pick up extra shifts at
work just to help my mom pay the bills
at this point I was 16 I had no business
experience but I had this burning desire
to make a ton of money I had had about
$5,000 saved up so I did what pretty
much every teen does when they want to
make money online I started Drop
Shipping I was so nervous to get started
even though I spent almost a year
Watching every single video on YouTube
and invested so much money into courses
the thought of spending my hard-earned
money on something that could
potentially fail really scared me but
after watching a ton of videos like this
I was convinced that my store would blow
up and make me a millionaire it just
seemed so easy all I had to do was find
find a product from China build a
website run ads at least that's what the
gurus say but after launching my first
product I realized that wasn't the case
after 7 days and spending $500 on
Advertising I made a total of $0 and
after a few months I eventually lost
over $5,000 which was all the money I
had at the time it honestly felt like
the whole world came crashing down all
around me I honestly just wanted to lay
under my covers and hide forever if if
you've ever experienced the feeling of
losing a lot of money you know how much
it sucks I honestly felt so alone and I
spiraled into a deep depression I had
absolutely no mentors to help me and I
had just given up on the idea of making
money I didn't even think about starting
another business because I did not want
to lose any more money but looking back
I realized I learned a critical lesson
during this failure that was a big key
to my success on YouTube and with
affiliate marketing and this brings me
to the second lesson I want to share
with you and it was that if you want to
succeed online you have to develop
skills the reason my Drop Shipping
business failed is simply because I
didn't have any marketing skills I
didn't know what products to pick I
didn't know how to make great ads and I
didn't know how to write website copy so
after failing miserably I decided to
invest a lot more time into learning the
fundamentals of marketing these were
things like copywriting sales video
editing and graphic design and if you're
just getting started in online business
I highly recommend you learn all of
these as they'll help you make money
much faster in fact it was these skills
that would help me make over $60,000 in
profit in just a few months I took a
break from business for about 6 to 12
months after my ginormous failure and I
decided to get a new job at a clothing
store at this point I was 17 my mom and
I were still struggling financially but
I had saved up enough money from my job
to give Drop Shipping one last try this
time I started with a completely
different strategy instead of investing
all my money into a single product I
would do small tests first to see if I'd
get any sales I would only allow myself
to spend $100 to $200 per product that
way I wouldn't lose all my money but
after testing four to five products I
still made no sales I was so close to
giving up and just accepting another
crushing failure but I decided to test
just one more product it was this dog
water bottle at the time this product
was trending and going pretty viral and
within 6 months I scaled this product to
over
$60,000 in profit I honestly couldn't
believe it I had finally found a winning
product and at that time seeing that
amount of money in my bank account was
lifechanging and that's how this part of
my journey taught me the power of
persistence I was so close to quitting
again but I stayed strong and it all
paid off it made me realize that you can
succeed in any business as long as
you're following a proven plan and you
don't give up but although I found
success with Drop Shipping I realized
that the business wasn't sustainable in
fact if you're a beginner I actually
don't recommend you start Drop Shipping
and the reason is because it requires
high level skills and can be risky now
that I look back there were a ton of
other businesses that I could have
started that were a lot better that had
a lot less risk involved and I'll share
more about that soon so I ended up
closing down my drop shipping stores and
invested all of my money into the stock
market and I just waited for my next
opportunity which leads me to stage
three how I went from $100,000 to $1
million at this point I was1 18 I had
$100,000 saved up from Drop Shipping
working different jobs and from the
stock market at this time I noticed Tik
Tok became very popular this was back in
2020 when the platform was relatively
new and I saw an opportunity to share my
finance knowledge that I learned over
the past couple of years because at that
time there wasn't any girls my age
talking about that stuff so I used the
skills I developed over the last year
and started posting content and within
just a few weeks my account took off I
was getting thousands of views sometimes
even Millions every time I posted and
honestly I was so excited I felt like I
was adding so much value to the world
and helping young people become
financially independent people would
comment on my videos and say thanks to
you I started investing I started a
business this honestly lit me up with so
much joy and as my Tik Tok started to
grow I decide to expand to other
platforms like Instagram and YouTube the
first year was pretty slow but after
landing more and more sponsorships and
selling more affiliate products ended up
making around $50,000 a month as a
19-year-old I can't even describe the
feeling going from making literally no
money to struggling financially for
years to then making $50,000 a month
honestly felt unreal it was like I
honestly won the lottery but as awesome
as it was it wasn't always $50,000 every
month it went up and down quite a lot
and that made me realize that I need a
more consistent income stream which led
me to the last stage of my journey this
is the stage where I went from a million
to $5 million at this point I was 19 and
I had about a million dollars in
Investments and in my bank account and I
decided to break down my income streams
and look at which one was the most
stable and likely to scale I was making
$115,000 from sponsorships I was making
around $5,000 from YouTube AdSense I was
making around $10,000 from affiliate
marketing and I was making $20,000 from
coaching and at that point I realized
affiliate marketing was a gold mine I
was barely investing any time into
making that $10,000 a month and I
realized it was extremely scalable and
so I decided to go all in on affiliate
Market marketing and realized how
powerful the business model really is I
realized this was the business I should
have started in the first place and the
business I recommend beginners start
because with affiliate marketing you
don't have to create your own product
you also don't need thousands of dollars
to get started and you don't need
specialized skills the only thing you
need to learn is how to create viral
content so while I loved running Sarah
Finance I decide to cut down on
sponsorships and focus most of my energy
on building my affiliate marketing
business and it quickly became my
biggest income stream I was now making
anywhere from $30 to $50,000 a month
from affiliate marketing and about
$20,000 from YouTube and sponsorships
now you might be thinking that's easy
for you to say since you have thousands
of followers but the truth is you don't
need a large following to make money
with affiliate marketing in fact I
discovered a new method that does not
require you to have thousands of
followers or even show your face and
it's making people like Lena over
$90,000 in just one year it also made
another one of my students
$66,000 in just a few months now I don't
have time to go into detail in this
video but if you'd like to learn more
about how you can get started I actually
share this exact method inside my
affiliate marketing course so if you're
interested in checking that out I'll
have a link for it in the description of
this video but fast forward to now I
can't tell you how much my life has
changed in just 5 years I've gone from
being depressed and financially trapped
to now making over $5 million by the age
of 22 with all this money I've been able
to buy my dream housee travel anywhere
in the world and most importantly take
care of my mom here's a photo of me and
my mom when we were on vacation in
California she no longer has to work and
we get to travel the world together I
still work hard but it's a big relief to
know that I no longer have to worry
about money and my mom is taken care of
and she no longer has to struggle or
work a job so if you're watching this
video and you're still in the early
stages of your journey I just want to
say that I believe this is 100% possible
for you I know that you may be
struggling right now and it may feel
like a world away but if you avoid the
mistakes I made and follow a proven plan
and just don't give up then you can 100%
achieve your dreams
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