How I Made $4.9M Online At 22 So You Can Just Copy Me

Summary

This 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

00:00

💼 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.

05:00

📈 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.

10:01

🚀 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.

Keywords

💡Work Ethic

Work ethic refers to a strong commitment to work and a belief in the value of hard work. In the video, the creator emphasizes the importance of developing a strong work ethic early on, as it was a skill learned from working long hours at a young age. This work ethic is credited with helping the creator save $5,000 in their first year of working, which laid the foundation for future financial success.

💡Drop Shipping

Drop shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. The video creator attempted drop shipping as a business venture, investing their savings, but initially failed after losing all their money due to a lack of marketing skills.

💡Marketing Skills

Marketing skills are the abilities required to promote and sell products or services. The video discusses how the lack of these skills led to the failure of the creator's initial drop shipping business. After recognizing this, the creator invested time in learning marketing fundamentals such as copywriting, sales, video editing, and graphic design, which eventually contributed to making over $60,000 in profit.

💡Persistence

Persistence is the continued effort to achieve a goal despite difficulties. In the video, persistence is highlighted as a key factor in the creator's eventual success with drop shipping. After multiple failures, the creator almost gave up but decided to test one more product, which ended up scaling to over $60,000 in profit, illustrating the power of not giving up.

💡Scalability

Scalability refers to the ability of a business to increase output to accommodate growth. The creator reflects on the scalability of their drop shipping business and how it required high-level skills and could be risky. The video suggests that some business models are more scalable and better suited for beginners, such as affiliate marketing.

💡Affiliate Marketing

Affiliate marketing is a performance-based marketing strategy where businesses reward affiliates for each customer brought by the affiliate's marketing efforts. The video emphasizes affiliate marketing as a powerful business model that the creator recommends for beginners due to its low entry barriers and potential for high returns, as evidenced by the creator's own success making $10,000 a month with minimal effort.

💡Financial Independence

Financial independence means having enough wealth to live without having to work actively for basic necessities. The video creator's journey towards financial independence is central to the narrative, as they go from working minimum wage jobs to earning over $5 million by the age of 22, achieving the freedom to travel and live without financial worries.

💡Content Creation

Content creation involves producing material intended for consumption by an audience, often for marketing purposes. The video mentions content creation as a key strategy used by the creator on platforms like TikTok, Instagram, and YouTube to share finance knowledge, attract sponsorships, and grow their audience, which eventually contributed to a significant part of their income.

💡Viral Content

Viral content is media that becomes popular and spreads rapidly across the internet. The creator discusses the importance of creating viral content in the context of affiliate marketing, noting that it does not require a large following to be successful. The video implies that viral content can significantly boost income through affiliate marketing.

💡Investment

Investment in the video refers to the allocation of resources with the expectation of earning a return. The creator saved money from various jobs and invested in the stock market, which contributed to their financial growth. Investments are portrayed as a way to grow wealth and achieve financial independence.

💡Mentorship

Mentorship is a relationship in which a more experienced or knowledgeable person helps guide a less experienced person. Although not explicitly mentioned as a keyword in the script, the creator's journey implies the importance of mentorship or learning from others' experiences, as they were inspired by videos of successful people and later became a mentor figure themselves through their course.

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