Laziest Way To Make £20k A Month
Summary
TLDRThis video outlines a lazy, passive income business model requiring minimal investment and effort. It promises high earnings, minimal work hours, and long-term viability without relying on social media or selling courses. The core idea is outsourcing work to countries with lower labor costs like Pakistan or Thailand, thereby saving businesses significant employee expenses. The speaker shares personal success, emphasizing the ease of setting up and maintaining the business. Key steps include hiring skilled workers abroad via job ads, using LinkedIn for client acquisition, and leveraging the cost savings to attract businesses.
Takeaways
- 😀This plan allows you to make money passively without significant upfront investment.
- 😀The business model doesn't require social media presence, selling courses, or showing your face.
- 😀Initial work commitment is minimal, with less than 5 hours a week required to get started.
- 😀Once established, you will only need to work up to 2 hours per week.
- 😀The business can generate substantial income, potentially over £10,000 per month.
- 😀The model focuses on solving problems for businesses, making it easier to charge high fees.
- 😀It involves hiring remote employees from countries like Pakistan, Thailand, or India at lower costs.
- 😀Employing overseas workers can save companies 50% or more on employee costs.
- 😀Using platforms like LinkedIn to document your journey can help attract clients.
- 😀You can start small with one employee and gradually expand by convincing companies to use your services.
Q & A
What are the key characteristics of the business model described in the script?
-The business model is described as lazy and passive, requiring no initial investment, minimal ongoing work (less than 5 hours a week initially and no more than 2 hours a week long-term), and having the potential to generate significant income (over £10,000 monthly). It also doesn't require social media presence or course sales, and is sustainable for the long term.
Why does the script emphasize solving a problem as essential for a successful business?
-Solving a problem is highlighted because it provides value to the end customer, making it easier to charge premium prices and establish a business model that can become passive and sustainable over time.
How does the business model utilize the concept of outsourcing to reduce costs?
-The model suggests employing workers from countries like Pakistan or Thailand, where wages are significantly lower than in the UK. By paying these workers above their local market rates but below UK rates, businesses can save substantial amounts on labor costs while providing competitive salaries in those countries.
What is the process for finding and hiring employees in other countries according to the script?
-The process involves placing job adverts on platforms like Indeed, specifying the desired country. This can quickly attract numerous candidates. The employer then selects the best candidates who can work remotely from their home country at a lower cost.
How does the script suggest maintaining minimal weekly work hours while running this business model?
-Once the initial setup and client acquisition are complete, ongoing work involves minimal management such as checking in with clients and employees, which can be done in less than 5 hours a week. Automation and efficient processes also help in reducing the time commitment.
What role does LinkedIn play in the business strategy outlined in the script?
-LinkedIn is suggested as a crucial platform for documenting the business journey, networking, and finding companies that are looking for roles similar to those offered by the outsourced employees. This helps in gaining traction and attracting clients.
How does the script propose ensuring high-quality work from remote employees?
-The script mentions paying above-market rates in the employee's country to attract and retain skilled workers. It also suggests that workers from countries like Pakistan and Thailand often work harder compared to some employees in Western countries.
What kind of roles does the script suggest outsourcing, and why?
-Roles such as customer service, sales, AI specialists, web developers, and editors are suggested for outsourcing. These roles can be performed remotely and are in high demand, providing opportunities for cost savings while maintaining quality.
What are the expected initial and ongoing costs associated with setting up this business model?
-Initial costs include spending on job adverts (about £5 per day) and potentially a small amount of time each week for setup and initial management. Ongoing costs are minimal, primarily involving the salaries of outsourced employees, which are significantly lower than UK salaries.
How does the script suggest handling client acquisition for the business?
-Client acquisition involves reaching out to companies via LinkedIn and email, offering them the cost-saving benefits of hiring remote employees. It suggests starting with one highly skilled worker and gradually expanding by demonstrating the quality and cost-effectiveness of the service.
What is the potential long-term benefit of using this business model according to the script?
-The long-term benefit is the ability to generate substantial passive income with minimal ongoing effort. The business can continue to grow and sustain itself over time, providing a steady stream of income with very little active management.
Outlines
💰 Lazy Money-Making Strategy Overview
This paragraph introduces a highly passive business model that requires no initial investment and minimal ongoing effort, promising substantial income without the need for social media presence or personal branding. It emphasizes the long-term sustainability of the business, assuring that it won't be a short-lived venture.
🌐 Leveraging Global Workforce
This section details the advantages of hiring employees from countries like Pakistan and Thailand to significantly reduce costs while maintaining high quality. It discusses the salary disparities and how businesses can save by outsourcing, explaining the process of hiring through platforms like Indeed and emphasizing the untapped potential in these markets.
📈 Growing the Business
This paragraph explains the ease of scaling the business by leveraging LinkedIn for networking and client acquisition. It encourages starting small with one highly skilled employee and gradually expanding by showcasing successful case studies and maintaining active online documentation. The emphasis is on the significant cost savings for companies and the high demand for such outsourcing services.
📝 Detailed Business Plan Offer
In this final section, the speaker offers to provide an in-depth, step-by-step guide for those interested in fully understanding and implementing the business model. The promise includes detailed walkthroughs of every aspect, from hiring to client management, and encourages audience engagement through comments and subscription to their content for continuous updates and additional valuable insights.
Mindmap
Keywords
💡Passive Income
💡Outsourcing
💡Remote Work
💡Cost Efficiency
💡Market Rate
💡Recruitment
💡Scalability
💡Hybrid Work
💡Middleman
Highlights
This business plan doesn't require any investment to get started.
The idea is completely passive once set up and running.
You will only need to commit a maximum of two hours per week.
Potential earnings can exceed £30,000 a month.
No need for social media presence, showing your face, or selling a course.
Initial setup requires less than five hours per week.
The business model is sustainable for the long term.
The plan involves hiring employees from countries with lower wages.
You can pay workers in countries like Pakistan or Thailand above local market rates, yet save significantly compared to UK salaries.
Employees from these countries are often highly skilled and hardworking.
You can find employees by posting job ads on platforms like Indeed.
Use LinkedIn to find and contact potential client companies.
Documenting your journey on LinkedIn can help attract more clients.
By outsourcing work, companies can save up to 50% on employee costs.
Even with minimal time investment, the business can generate significant passive income.
Transcripts
this is definitely one of the laziest
ways you guys could make money and a lot
of money but for something to be
considered a way for you to be able to
make lazy money it has to cover a few
things and so this idea and plan doesn't
need you to have any sort of money
invested into the business this idea and
plan is completely passive and doesn't
actually demand your work once the work
starts number three once it's up and
running you will not need to commit to
more than two hours a week absolutely
maximum number four you can make tons
and tons of money more than 10,000
20,000 or even £30,000 a month number
five you don't need social media you
don't need to put your face anywhere and
you don't need to sell a course number
six even when you're starting off you
won't need to do more than 5 hours a
week and number seven it will last for a
long time you can carry the business on
for a long time it's not a business that
will only last 6 months or a year in
fact it's for the long term and so I
promise you guys take notes take your
time and understand exactly what we're
going to go through in this video
because this plan and this idea is
something that could really change your
life now for the record if anyone is
thinking it is not a recruitment company
that is something that I started when I
was 25 years old and now I'm 31 years
old it's one of the biggest places I
make a lot of money but that's not the
business model and the full plan that
I'm going to share with you today I want
to go over exactly how you can start the
business exactly how you can get the
customers and the clients exactly how
you can make it completely passive and
exactly how you can continue to grow
that company into something which
obviously can make you a lot of money
now you guys have to understand
something when you're starting a
business in essence what you're trying
to do is solve a problem you're solving
a problem for the End customer because
well when you solve a problem it's much
easier to charge a lot of money it's
much easier to have something on a
passive basis and in essence you should
always be thinking where there's a
problem I need to come up with a
solution and that's exactly what a
business is or rather that's exactly how
you start a successful business and so
today in today's day and age a lot of
people are working from home a lot of
people are carrying the work out uh at
least on a hybrid basis or they want to
do work on a hybrid basis which
therefore means if you can do work from
home let's say your name is Karen and
you're at home and you're doing some
work for a company and you're you know a
software engineer or you're whatever you
are right whatever you are and you're
doing it from home the reality is let's
be honest as long as you have internet
connection you can probably do it from
Brazil uh you can probably do it from
America so actually a lot of people what
they do is though they're employed by
the UK they might go live in Dubai they
might go live in America or they might
live in Thailand right and they might
carry out work from there well let me
tell you something there is a big
problem right now and you guys can come
up with a solution for the record just
so you guys know that I'm not waffling
I've actually done this myself and
alhamdulillah please say because I don't
like to share too much to be honest with
you a lot of times and I got this
business model by the way making £6,000
within uh 3 to 4 months period but I
made mistakes on the way and I'm going
to make this plan so easy for you guys
that is one of the laziest ways you guys
can make money and you can make a ton of
money without even you working so
obviously I've given you some seases and
stuff like that so let me get into the
Crocs of what we're talking about an
employee in the UK will cost a minimum
of 20 to 22,000 that's a minimum right
and to give you guys an idea that's
about £1,600 a month after tax and
deductions but actually to the business
it's costing about £1,800 so £1,800 is
what it cost to have well an average
employee that's going to cost £22,000
but if you had that employee doing the
same work by the way on the same hours
but that person was working from home it
will still cost you £22,000 and
therefore £1,800 a month but if that
person uh was in a different country
again it's costing you the same amount
but what if that person wasn't actually
someone from the UK and so what if you
employed someone in Pakistan what if you
employed someone in Thailand what if you
employed someone in a different country
and paid them 4500 and the average
salary if actually to be fair as I do I
always pay above market value I always
pay above market rate so in Pakistan the
average salary I would say the average
salary for an office person is 80,000
rupees and to give you an idea 80,000
Rupees is
£225 that's not actually what I pay I
pay well above that actually we pay more
than one lakh rupees 120 150 and so we
pay close to double Market rates because
we can and because the return that we
get on that person is actually quite a
lot right and so I'm more than happy to
pay double the market rates and here you
have to understand something right you
are creating opportunities in a country
which obviously needs opportunities and
I'll tell you exactly how I do this I'm
also going to tell you how you can go
about getting clients and people paying
you and by the way I say w by the way I
just so you guys know how serious I'm
being right now in the last two months
I've probably spent maximum you know
four or five hours I'm saying maximum
man like in two months maximum of four
hours of genuine work towards the
Pakistan setup which makes me at least
you know £6,000 plus so just in case you
think this isn't one of the laziest ways
and one of the most passive ways I'm
telling you it is because it's exactly
what I'm doing exactly what I've done
I've made some mistakes which I'm going
to share with you but the point here
being is if you employ someone in
Pakistan in Thailand there are many
places in India you can actually employ
someone by just putting an advert on
indeed it's actually as simple as that
it's not even difficult put an advert on
indeed you can put the country down and
you can start a job that's exactly what
I do it cost me about I think it's
about5 a day right but within about a
week you have so many CVS so many
talented people and it it could be
anything customer service sales you know
people that are experts in AI website
Builders editors there is no limit to
the skills that you can find in these
countries and it's important for me to
mention this and explain to you guys
that I promise you where you think the
skills are lacking the communication
skills are lacking as long as you pay
right as long as you pay right you are
going to to save your companies your
clients and the people that you're going
to provide the service for at least 50%
of the cost of employees and you guys
might be thinking surely for a company
uh you know the cost of employees isn't
that high well let me give you an
example if you had a 100 employees which
probably be classed as a mediumsized
company it's not even that big of a
company right a 100 employees and let's
say they were getting paid £3,000 on
average bearing in mind some are on
£2,000 and someone like5 six 7,000
because you know they're Senior
Management directors and so on and so
forth so let's just say £3,000 you're
spending £300,000 every single month
every single month so now if you could
solve a problem for that company by
offsetting you know the cost of 20
people to a different place to a
different country that could be Thailand
that could be Pakistan that could be a
different place right and 20 people that
would be like a fully fledged business
by the way right and you could say them
easily right if it's costing them
£22,000 for one person you could provide
that one person for £1,000 you could sve
them 50% of the cost of having that
employee 100% but we want to do things
the lazy way we don't want to do things
the hard way right if you want to make
tons and tons and tons of money that is
a route you can take now I need you guys
to comment below and if you really want
to understand this in depth comment
below full plan and I'll make this like
an hour and a half hour long video and
go through every single step I'm
actually going to Pakistan so if you
guys comment and let me know then I can
sort of give you the more in-depth part
of that office review and so on and so
forth and you guys might be thinking
like well I don't want to have an office
etc etc honestly you don't all you need
to do is put an advert on indeed start
looking for people put the ad out people
start coming in speak to those people
and then get those people work now how
will you go about getting those people
work start with one person start with
one really really really good person and
what I need you to start doing from
today is being active on LinkedIn use
LinkedIn because LinkedIn is super super
super powerful and document your journey
because if you start documenting your
journey you will start getting traction
people will start seeing what you're
doing now if you can get one person and
they're getting paid 5600 for example
and they're really really really good
and you can convince a company to use
you for that one person they will
happily pay you
£1,200 easily they will easily do that
right and you need to get a company from
LinkedIn go and see which companies are
advertising for similar roles speak to
companies email companies you could get
a ton of details and contact details of
Apollo there are other websites where
you can get a lot of details of
companies contacts and people in certain
sectors and markets and so send emails
out like you could send a thousand
emails out these days with certain
softwares and again just comment below
the full plan so I can go through every
single little detail if this is
something you're interested in but you
would pick up the phone you would send
emails you would be active on LinkedIn
and you need one company to get that one
person to work from India Pakistan or
Thailand wherever you feel that you want
to hire people from and that could be
virtual assistants administrators
software guys AI people sales people
marketing editors the the scope is crazy
one person you could be making easily 6
7 800 a month but let's do the mats
together now because if you had 10 15
people working from these other places
and you just found a company or two
three companies that will happen to use
people which by the way they are because
a lot of the guys that I get from are on
LinkedIn and we just ask the question
and so many people start saying we need
people we need people we and honestly
the demand is crazy because obviously
they're saving 50% of their cost why
would they not use you it obviously
they're going to use you right now
imagine someone's doing the work you're
sitting at home and you're doing nothing
like how more lazy could you get someone
is doing the work you are the middleman
you got the company someone to work from
in India in Pakistan in Thailand
wherever once you've done that work once
you've been a bit active once you've got
the client on once you found that person
do you think it will take more than 5
hours a week no it's not going to take
more than 5 hours a week you could do
this whilst you're working a job you
just need to commit some time and then
you just need to house things everything
all right client everything all right do
you need anyone else I'll find someone
else because guess what you put these
adverts out and you've got like 300
people that are interested in working a
job and they're going to get paid above
market rate and you can provide the
service to these companies which by the
way you're going to save them a lot of
money and these guys I promise you one
thing they work very hard actually
compared to some of the staff in the UK
and in the west they work much harder if
I'm being completely honest it's one of
the easiest ways one of the laziest ways
you guys can make a lot a lot of money
again if you want me to go through the
full plan for a whole hour every single
website every single technique every
single call whatever you want me to do I
can go through that let me know in the
comments and I will try my best to
deliver the best value I can possibly
deliver for you but if you haven't
already make sure you like this video
And subscribe to the channel because
we're going to put out more and more
content which is going to be super
valuable
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