Laziest Way to Make Money Online For Beginners ($100/day+)

Make Money Matt
23 Dec 202211:12

Summary

TLDRDiscover the 'laziest' online money-making method that requires minimal effort and no upfront investment. This strategy involves partnering with a high-payout product and leveraging YouTube for traffic. The process includes identifying interests, selecting a profitable product from marketplaces like Digistore24 or Clickbank, and creating content using a 'lazy content traffic formula.' By uploading videos with affiliate links, one can potentially earn passive income for years. Bonus tips include creating recurring revenue, using software for video creation, and delegating tasks for scaling the business.

Takeaways

  • 😴 The 'laziest' way to make money online should require minimal effort and have a long-term payoff without the need for continuous work.
  • 🚫 It should not involve being on camera, being an influencer, creating products, or managing courses.
  • πŸ’° There should be no significant upfront investment, such as spending on ads or inventory.
  • πŸ” The method should have a 'long half-life,' meaning the work done once can potentially pay for years to come.
  • πŸ”— The best 'lazy' method suggested is partnering with a high payout product and leveraging a high-traffic source.
  • πŸ“ Start by identifying interests and market feasibility by listing interests and comparing them with marketable categories.
  • πŸ›οΈ Partner with a high payout product from marketplaces like Digistore24 or Clickbank, aiming for products with at least $500 price tags for higher commissions.
  • πŸŽ₯ Create content by formulating ideas from popular videos in your niche, rewriting them in your own words, and creating a slideshow.
  • πŸ“ˆ Use tools like Google Slides for presentations, OBS for recording, and outsourcing platforms like Fiverr or Upwork for tasks you dislike.
  • 🌐 Optimize and upload videos to YouTube, including your affiliate link in the description and pinned comment to drive sales.
  • πŸ“ˆ A consistent schedule of uploading videos can lead to significant passive income over time, with the potential to earn much more than $100 per day.
  • πŸ”„ Bonus tips include creating recurring revenue through monthly subscription products, using software for video creation, and delegating tasks to scale your efforts.

Q & A

  • What are the criteria for the laziest way to make money online according to the script?

    -The criteria include not having to get on camera or be an influencer, not creating products or courses, not requiring a huge upfront investment, and having a long half-life, meaning the work pays for years into the future.

  • What is the best lazy way to make money online suggested in the script?

    -The best lazy way suggested is a high paid out partner product paired with a high leverage traffic source, which involves promoting a product that pays well and driving traffic to it using content creation.

  • How does one find an overlap between personal interests and market feasibility as per the script?

    -One should list at least 20 interests and compare them with a list of marketable items, then delete any items from the personal list that do not overlap with the marketable items.

  • What are some websites mentioned in the script for partnering with high payout products?

    -The websites mentioned include Digistore24, Clickbank, and others which offer marketplaces to access products for promotion and earning a share of the sales.

  • What is the significance of choosing a product that charges at least $500 according to the script?

    -Choosing a product that charges at least $500 is significant because a 50% commission on such a product would yield $250, potentially leading to over $100 per day with just one sale.

  • How does the script suggest creating content ideas for the YouTube channel?

    -The script suggests finding the top three channels in the chosen category on YouTube, noting their 10 most popular videos, and then rewriting the content in one's own words to create unique scripts.

  • What tools are recommended in the script for creating and optimizing videos?

    -The tools recommended include Google Slides for creating slideshows, Flaticon and Pixabay or Pexels for images, OBS for screen recording, and Copyscape for ensuring content uniqueness.

  • What is the 'lazy content traffic formula' mentioned in the script?

    -The 'lazy content traffic formula' involves formulating ideas based on popular videos in the chosen category, creating unique scripts, making a slideshow, recording a video presentation, and uploading it to YouTube with optimized descriptions and pinned comments.

  • How does the script propose to potentially make $100 per day with this method?

    -The script proposes creating a schedule of uploading three videos per week, aiming for 1,000 views per video per month, which could lead to significant sales and commissions if the videos are well-optimized and linked to high-value products.

  • What are the three bonus tips provided in the script for enhancing the lazy money-making method?

    -The bonus tips include creating recurring revenue by promoting products with monthly fees, using software like OBS, VideoScribe, or Animaker to generate videos, and delegating tasks to others to scale the operation.

Outlines

00:00

πŸ€‘ The Criteria for the Easiest Way to Make Money Online

The speaker begins by outlining the requirements for what they believe to be the easiest, or 'laziest,' way to make money online. These include not having to appear on camera, not creating products or courses, not needing significant upfront investment, and having long-term earning potential. Traditional online jobs like surveys, transcription, or content creation are rejected because they require continuous effort to generate income. Instead, the speaker suggests a method that, once set up, can provide passive income over time.

05:02

πŸ’‘ Step 1: Find Overlap Between Interests and Market Feasibility

The speaker introduces the first step in their method: finding an intersection between your interests and market opportunities. The task involves listing at least 20 things you're interested in, from hobbies to favorite content, then comparing this list to a set of marketable niches (displayed in the video). The goal is to find areas of overlap where your interests align with profitable market trends, which sets the foundation for creating income.

10:03

πŸ’Έ Step 2: Partner with a High-Payout Product

Next, the speaker explains the importance of partnering with a finished, high-payout product, such as those found on platforms like Digistore24 or Clickbank. The idea is to find products that offer substantial commissionsβ€”ideally $500 or more per sale. By promoting these products, affiliates can earn significant income from just one or two sales per day. The speaker also offers an example of their own high-priced product, a YouTube course, and highlights how affiliates can benefit from promoting it without having to create their own product.

πŸ“ˆ Step 3: Use the Lazy Content Traffic Formula

The speaker presents their 'Lazy Content Traffic Formula' for driving traffic to the affiliate links. The process involves identifying top YouTube channels in your niche, analyzing their most popular videos, and repurposing the content in your own words. The speaker recommends tools like CopyScape to ensure content is unique and encourages the use of screen recording software, such as OBS, to create simple slideshow presentations. They suggest uploading videos consistently to build a library of content that can generate passive income over time.

πŸ“Š Realistic Earnings Projections and Scheduling

Here, the speaker breaks down potential earnings by uploading 144 videos over a year, estimating that each video could receive 1,000 views per month. Even with a low conversion rate, this could lead to $28,000 per month in affiliate sales. The speaker emphasizes the importance of consistency, suggesting a schedule of three videos per week to build long-term passive income. They also point out that results aren't guaranteed but demonstrate what is possible with steady effort.

πŸ’΅ Bonus Tip #1: Creating Recurring Revenue Streams

The speaker's first bonus tip involves promoting products with recurring payments, such as software that charges monthly fees. This strategy, dubbed 'Lazy Revenue,' allows affiliates to continue earning from customers over time as long as they remain subscribed. They provide an example of promoting tools like TubeBuddy or VidIQ, which are often used alongside YouTube growth programs.

πŸ€– Bonus Tip #2: Use Software to Automate Video Creation

The second bonus tip focuses on using software to automate parts of the video creation process. Examples include using OBS for screen recording or software like VideoScribe and Animaker to create whiteboard animations and other types of content. The speaker cites popular channels that utilize these tools to generate millions of views, emphasizing that automation can save time and effort while still delivering quality content.

πŸ‘¨β€πŸ’Ό Bonus Tip #3: Delegate and Scale the Process

The final bonus tip is to delegate tasks to others once the method begins generating income. The speaker advises hiring people for tasks you dislike, such as video creation, editing, or thumbnail design. They explain how outsourcing these tasks can help scale the business while allowing the creator to remain hands-off. Tools like Trello are recommended for managing the workflow, enabling a streamlined and efficient operation across multiple YouTube channels.

🎯 Final Thoughts: Planting Seeds for Passive Income

In conclusion, the speaker reiterates the effectiveness of the lazy method, comparing it to planting seeds that grow over time. They highlight that this approach can generate passive income for years, with examples from their own experience. The video ends with a teaser for another video where the speaker shares 12 different passive income sources, encouraging viewers to explore more ways to achieve financial freedom online.

Mindmap

Keywords

πŸ’‘Lazy money-making

Lazy money-making refers to methods or strategies that allow individuals to earn money with minimal effort or ongoing work. In the context of the video, it is about finding ways to earn income without the need for constant labor or the creation of physical products. The video suggests that by creating content once and leveraging it through online platforms, one can earn money passively over time, as exemplified by the idea of uploading videos to YouTube and earning from affiliate marketing.

πŸ’‘High payout partner product

A high payout partner product is a type of online product, often found in digital marketplaces, where a significant portion of the sale price is given as commission to the affiliate marketer. The video emphasizes partnering with products that offer high commissions, such as $500 products from which a 50% commission can be earned, allowing for substantial earnings with each sale.

πŸ’‘Leverage

Leverage, in the video, refers to the strategy of using existing platforms or systems to maximize output with minimal additional input. This is exemplified by using high-traffic sources like YouTube to distribute content that promotes affiliate products, thereby gaining viewership and potential customers without directly soliciting them.

πŸ’‘Half-life

In the video, 'half-life' is used metaphorically to describe the duration over which the value or effectiveness of an asset or action diminishes by half. In the context of online content creation, a long half-life means that the content continues to generate value (like views or sales) for an extended period, even after the initial creation effort.

πŸ’‘Market feasibility

Market feasibility assesses whether a product or service can be successfully marketed and sold in a given market. The video instructs viewers to find an overlap between their interests and market feasibility, implying that successful online ventures should align with both personal passion and market demand.

πŸ’‘Affiliate marketing

Affiliate marketing is a performance-based marketing strategy where affiliates earn a commission for promoting and driving sales to a merchant's products or services. The video outlines a strategy where the creator becomes an affiliate for high-value products and earns a commission from each sale made through their unique referral link.

πŸ’‘Content creation

Content creation involves producing various forms of media, such as videos, articles, or graphics, to engage an audience. The video script discusses creating content as a one-time effort that can be monetized over time, suggesting that by producing videos on YouTube, one can 'plant seeds' that may yield ongoing financial returns.

πŸ’‘Recurring revenue

Recurring revenue refers to income that is received on a regular basis, typically from subscriptions or recurring fees. The video suggests promoting products that generate recurring revenue, such as monthly software subscriptions, to ensure a steady stream of income.

πŸ’‘YouTube optimization

YouTube optimization involves strategies to improve a video's visibility and performance on the YouTube platform. This includes effective use of titles, descriptions, tags, and thumbnails. The video mentions optimizing videos to increase their chances of being discovered and viewed, which can lead to more clicks on affiliate links.

πŸ’‘Delegation

Delegation is the act of assigning tasks or responsibilities to others. In the video, the concept is introduced as a way to scale one's online business by hiring others to perform tasks that the business owner does not wish to do themselves, allowing them to focus on strategy and growth while others handle the operational aspects.

πŸ’‘Trello

Trello is a project management tool that uses boards, lists, and cards to enable users to organize and prioritize their projects in a flexible and rewarding way. The video mentions using Trello to manage the workflow of YouTube channels, suggesting that it can be an effective tool for overseeing content creation and distribution.

Highlights

The laziest way to make money online should not require being on camera, creating products, or having a significant upfront investment.

The method should have a long 'half-life', meaning it pays for years after the initial work.

The best 'lazy' method suggested is partnering with a high payout product and using a high leverage traffic source.

Step one is to find an overlap between personal interests and market feasibility by listing interests and comparing them with market needs.

Partner with a high payout product from marketplaces like Digistore24 or Clickbank.

Choose a product with a price of at least $500 to ensure significant earnings from commissions.

Create content by rewriting popular videos in your niche to ensure uniqueness and avoid copyright issues.

Use tools like Copy Escape to ensure the content is unique.

Create a slideshow using Google Slides and enhance it with pictures and icons from free resources.

Record the slideshow using a free screen recorder like OBS, or hire someone to do it.

Upload the videos to YouTube, optimize them, and include the affiliate link in the description and pinned comment.

Aim for a schedule of three videos per week to build an asset that can potentially pay for years.

Bonus tip: Create recurring revenue by promoting products with monthly fees, like software subscriptions.

Bonus tip: Use software like OBS, VideoScribe, or Animaker to generate videos without the need for physical presence.

Bonus tip: Delegate tasks to scale the operation, allowing for a truly 'lazy' approach to online income generation.

The video provides a practical example of creating a YouTube channel and monetizing it through affiliate marketing.

Transcripts

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so what's the laziest way to make money

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online right now now in order for this

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to be the laziest way to make money

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online it has to meet a few criteria it

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has to allow you to not get on camera or

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be any kind of influencer it has to

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allow you not to have to create products

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or create a course and manage all that

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goes into that it must not have a huge

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upfront investment required so you don't

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have to spend a bunch of money on ads or

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inventory and the final criteria is that

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it must have a long halflife now you

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might be saying Matt what do you mean by

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that that simply means that you do work

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once and it has a potential to pay you

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for years and years into the future now

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I believe I found the best lazy way to

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make money online that meets all of

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these criteria that I'm going to be

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sharing with you and now you've probably

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seen a lot of other videos talking about

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this sort of thing where they tell you

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to fill out online surveys go out there

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and do jobs like being a

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transcriptionist or creating videos or

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pictures and if you do this work once

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you do get paid but then you have to

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keep doing it again and again in order

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to make money and if you watch the video

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on my channel where I over 9.5 online

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jobs I show you a bunch of jobs where

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you can do just this and that's totally

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fine if you want to make money quickly

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just keep in mind though that as soon as

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you stop doing that thing the money also

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stops so those are not the best lazy way

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to make money online in my opinion and

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if you're watching this my guess is that

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you like smart work more than hard work

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and trust me I'm the same exact way so

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without further Ado let's get into the

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best lazy way to make money online which

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in my opinion is a high paid out partner

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product paired with a high leverage

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traffic Source now at this point you

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might be saying Matt what in the world

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did you just say and what is that and

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now while this might sound complex this

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is actually the laziest way in my

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opinion let me walk you through an

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overview of exactly how to do this step

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number one is to find an overlap with

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your interest and market feasibility and

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this is very simple all you do is you

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open up a Google Document and you write

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down literally everything you're

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interested in and I recommend writing at

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least 20 things and these can be Hobbies

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things you read or watch for fun

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literally anything you're interested in

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then what you do is you take this list

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of 20 items and you compare it with what

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I'm about to show you on your screen

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right now and feel free to pause this

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video right here if you need to compare

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your list to these things and what

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you're going to want to do is see if

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there's any overlap within your list and

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the list of things I showed you and all

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you simply do is delete any of the

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things from your list that aren't

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related now at this point you're

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probably saying Matt why are we doing

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this but trust me this is all going to

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make a lot of sense in just a moment now

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step number two is to partner with a

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finished high payout product now there's

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actually a bunch of websites with

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marketplaces online that give you access

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to essentially getting some of the money

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from the sales now here's a list of some

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of these websites they include digistore

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24.com clickbank.com and a couple others

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that I'm going to show you specifically

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within this video in just a moment when

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I show you an actual practical example

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of doing this and I'm not just going to

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talk about this like a lot of other

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videos you may have seen do I'm going to

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actually show you you step by-step how

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to do this now here's how to actually do

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this you go to a website like

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digistore24 you go to their Marketplace

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tab right here and then you click the

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category that relates most with the

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thing that you wrote down in Step number

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one then what you're going to want to do

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is look for a product that's charging at

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least

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$500 this is because if you take 50% of

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this product then you're making $250 and

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if you get just one sale per day that's

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way more than $100 per day with this

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lazy method so then you simply sign up

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for the website in this case digistore

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24 and then you just click promote next

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to the product that you'd like to

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promote and then it'll give you this

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magic link right here and I'll show you

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exactly what to do with this magic link

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now full disclosure I have a course on

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digistore 24 that teaches people how to

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grow and scale YouTube channels and we

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charge $11,000 for it and just a side

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note creating this course took me a lot

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of work to do it took me years of

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putting together making this the best

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YouTube program on the planet and I

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answer every single question daily with

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in my private Facebook community so you

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can benefit from other people's hard

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work and just be lazy and make money

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from it now for the purpose of this

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example I'm going to be using my course

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but feel free to choose any product you

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want there's so many ways of going about

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doing this and now that we've got our

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magic link let me show you what to do

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with it step number three is to follow

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my lazy content traffic formula here's

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the first part of the lazy formula which

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is formulating your ideas all you simply

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do is go to YouTube search the category

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that you wrote down from Step number one

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find the top three three channels within

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that category and then go to their most

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popular videos you simply do this by

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going to YouTube and there's a little

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button that says popular videos click

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that and write down their 10 most

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popular videos from each of those three

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channels which give you a total of 30

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ideas and then at this point this is the

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only step where we have to do a little

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bit more work but trust me it's way

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better than any other online job that's

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out there and that's because you can

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keep making money from this for years

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into the future and it's truly a lazy

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method as opposed to all those other

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methods where you have to keep doing the

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work over and over it has the potential

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to keep making money for years down the

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line so you go to the videos you wrote

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down open them up and then write them in

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your own words in a Google Document now

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I personally like to be lazy when I do

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this so I just watch them through at two

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times speed to get through faster and

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make sure what you write down is unique

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and in your own words and you can use a

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tool called copy escape to ensure that

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it is it costs just a couple cents per

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search also feel free to use multiple

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videos as inspiration feel free to do

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research online and take all the best

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parts from each video written in your

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own words put into this script and I'll

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show you exactly what to do with this in

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just a second and the reason I

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recommended choosing something that you

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have an interest in is because is that

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maybe you'll know a thing or two or know

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how to input some even additional value

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to give people in order to give you even

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a bigger potential of making money then

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what you do is you open up Google Slides

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which is completely free and included

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with Google Drive and make a slideshow

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out of your script in order to make your

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slideshow look really good I recommend

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adding pictures and icons for icons I

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recommend a website called Flat icon and

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for pictures you can look at pixabay.com

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and pexels.com then you can use a

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completely free screen recorder called

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OBS to record your screen as you talk

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and go through your slideshow and if

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you're even too lazy to talk you can

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hire someone for super cheap from Fiverr

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or upwork then all you do is you upload

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these videos to YouTube you optimize

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them and you put the link to the product

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that you found that magic link within

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your description and your PIN comment

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section and boom now you have an asset

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that can potentially pay you for years

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into the future and here's a breakdown

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on how to potentially make $100 per day

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doing this what I recommend doing is

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setting a schedule of three videos per

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week and that might sound like a lot but

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I know for a fact that you can do this

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you can record them all in a day and

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literally just work one day per week

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doing this then you simply upload them

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and you schedule them to go out with

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YouTube after a year of doing this you

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have 144 videos on your channel if each

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video gets 1,000 views per month and

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keep in mind 90% of your views will come

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from just 10% of your videos that's a

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total of 144,000 views per month and if

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just

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0.004 people that watch your channel buy

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your program buy the product that you

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link to and I'm trying to be

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conservative here that's 57 sales per

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month and if we take 57 multiplied by

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$11,000 if that's the price of the

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program you're promoting that's

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$57,000 per month and if you get half of

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that by being an affiliate partner with

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them that gives you

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$28,000 per month and obviously that's

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way more than $100 per day but I just

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want to show you what's potentially

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possible with doing this if you keep

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with this and build up this lazy method

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and it's truly a lazy method because you

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do the work once and it can potentially

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continue to pay you I have assets and

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videos that I uploaded back in

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2014 that still pay me regularly to this

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day now if we upload 144 videos does

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that automatically guarantee that we'll

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make this much money no but like I said

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I want to show you what's possible with

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what is in my opinion the best lazy way

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to make money online now here here's

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three bonus tips for doing this to

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potentially make even more with this

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lazy method and by the way hit that

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subscribe button if you've gotten value

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from this already bonus tip number one

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is creating what is called recurring

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Revenue which I like to call Lazy

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revenue and the way that you do this is

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you see if there's any products that you

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can promote that charge a monthly fee

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and typically these are going to be

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things like software and let me give you

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an actual practical example of doing

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this for example if you are partnered

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with my program and promoting it that

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teaches people how to grow on YouTube

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there's software out there like

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tubebuddy or vid IQ that you can promote

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and then get a monthly paycheck once

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people sign up for it every single month

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as long as they stay subscribed to it

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and by the way I recently made a YouTube

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channel called tube Mastery where I

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teach people how to grow on YouTube and

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you can feel free if you were promoting

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my product feel free to go in my videos

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and recreate them in your own way if

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you're promoting my product I don't mind

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and it's a win-win for both of us but

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anywhere you can provide additional

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value I highly recommend doing so bonus

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tip number two is using other forms of

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software to generate your videos now if

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your category is anything technology

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related you can simply use OBS and

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record your screen for example here's a

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channel called techgumbo which does

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exactly this this channel has over a

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million subscribers and gets almost 2

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million views per month and all they do

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is just do screen recordings showing how

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to use different software another option

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is using a software called vide scribe

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to make whiteboard animation videos for

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your channel as you can see this channel

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is called philosophies for life and they

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create these whiteboard animation videos

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right here they have almost a million

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subscribers and they pull in over a

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million views per month which would

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obviously be a lot of sales if they were

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partnered with a high-profit product and

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you can also look into another software

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called animaker if you wanted to make

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animations bonus tip number three is to

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delegate and scale once you start making

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money with this you can kick back and be

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really lazy if you want and that's by

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hiring people to do all the work that

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you don't like don't like to make videos

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hire people to do it for you don't like

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to make thumbnails and optimize your

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videos hire people to do it for you and

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that's exactly what I do and that's how

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I run over a dozen YouTube channels I'm

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not this crazy productive person who's

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working non-stop I just hire people to

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do it for me and here's the process when

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you get other people to do the work for

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you and I recommend getting people to do

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the things that you most dislike doing

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first and the potentials are there to

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get an idea finder a writer a voiceover

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artist an editor and then a thumbnail

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maker and feel free to screenshot that

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when you're hiring people and if you

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were at all interested in my program

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tube master I show you exactly how to

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hire people how much to pay and I give

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you jaw post templates for doing so also

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you can use a tool called trello.com

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that allows you to manage the workflow

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of your channels for example on this

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channel right here called tube Mastery I

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use Trello and I make different boards

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that manage the production output of

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each of these videos and then it also

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gives you a calendar which you can view

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to see each of these videos going up and

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this in my opinion is the best lazy way

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of making money online because you're

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out there planting these seeds that can

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then come to fruition and have the

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potential of paying you into the future

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now this video right here reveals 12

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different passive income sources that

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make me $25,000 to

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$37,000 per month and it reveals income

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sources just like the one I shared with

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you right here so if you want to see

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more check out this video right here and

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I'll see you there

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