Revealing FIVE Income Streams that Made Me $237K

Pat Flynn
15 May 202418:23

Summary

TLDRIn this video, Pat Flynn, a successful online entrepreneur, shares his insights on building passive income streams. He contrasts the traditional income model with strategies that allow you to invest time upfront and continue earning over time. Pat explains the 'free vs headache-free' method, where you provide free value and then offer a convenient paid solution. He shares his success with affiliate marketing, content creation, and partnership events, generating significant income without creating his own products. The video also highlights the power of recurring revenue from affiliate links and partnerships.

Takeaways

  • 💼 Traditional income models involve trading time for money, but investing time upfront can generate passive income over time.
  • 🎥 Pat Flynn uses a strategy of sharing free, detailed tutorials, then offering paid, headache-free solutions through affiliate links.
  • 💡 The 'Freeway vs. Headache Freeway' method teaches how to do something for free but introduces a convenient paid option for faster results.
  • 🎙️ Pat Flynn made $27,732 from promoting Descript in 2023 by offering both free podcast editing tutorials and affiliate links to paid tools.
  • 🗂️ In the Pokemon card space, Pat earns commissions by curating solutions for specific problems, like storing cards, through affiliate marketing.
  • 📧 The '100 Emails Challenge' promoted ConvertKit by providing free value upfront, with the paid product as the next logical step after the challenge.
  • 🔄 Recurring affiliate income, like with ConvertKit, provides ongoing commissions as long as users continue using the product.
  • 🔧 Sharing behind-the-scenes tools and setups generates curiosity, leading to affiliate sales, especially with products Pat already uses, like podcasting equipment.
  • 🎙️ Video content and podcast interviews help build trust with the audience, further driving affiliate conversions.
  • 🤝 Partnering with companies for events or challenges enhances both value for the audience and affiliate commission opportunities.

Q & A

  • What is the main difference between traditional income and the model Pat Flynn discusses?

    -In the traditional income model, you trade time for money, meaning you get paid for the hours you work, and when you stop working, you stop earning. Pat Flynn's model involves investing time upfront to create assets or systems that continue generating income over time, even after the work is done.

  • What is the 'freeway versus headache freeway' concept mentioned in the video?

    -The 'freeway' involves providing content that teaches people how to achieve something entirely for free, often with time-consuming steps. The 'headache freeway' offers a more convenient, paid solution that saves time and effort. By providing both, Pat Flynn helps his audience while recommending paid tools as a faster or easier option.

  • How does Pat Flynn generate income through affiliate marketing?

    -Pat Flynn generates income by recommending products he uses and believes in. He creates free tutorials to help his audience, then suggests paid tools (like Descript for editing) through affiliate links. When people purchase these tools using his links, he earns a commission.

  • What role does content creation play in Pat Flynn’s income streams?

    -Content creation is central to Pat Flynn's income streams. He creates valuable, in-depth free content (tutorials, reviews) that helps his audience. This builds trust and leads to affiliate sales or partnerships when he recommends paid tools or services as better or more efficient solutions.

  • What is an example of a product Pat Flynn promotes through affiliate marketing?

    -One example is Descript, a tool for podcasters and video creators to easily edit their content using AI. Flynn creates free tutorials on editing with tools like GarageBand and Audacity but suggests Descript for those who want a faster, more convenient solution.

  • How does Pat Flynn use challenges to promote affiliate products?

    -Pat Flynn uses challenges, like his '100 Emails Challenge,' to help his audience achieve small wins (e.g., gaining 100 email subscribers). After participants succeed, he naturally recommends products like ConvertKit (an email service provider) to help them take the next step, generating affiliate revenue.

  • What are the key elements of an effective challenge, according to Pat Flynn?

    -An effective challenge should be short, convenient, and provide a clear goal. It’s important to give participants everything they need to succeed for free. Once they achieve a win, you offer a paid solution (e.g., a tool or service) as the next logical step.

  • What is the 'Holy Grail' of affiliate income, according to Pat Flynn?

    -The 'Holy Grail' of affiliate income is recurring revenue. This means earning commissions over time, not just once. For example, if someone signs up for a service like ConvertKit through Flynn's link and continues to use it, he earns recurring commissions each month they remain a customer.

  • How does Pat Flynn leverage behind-the-scenes content to generate affiliate income?

    -Flynn shares behind-the-scenes (BTS) content about the tools and equipment he uses to run his business, such as cameras, microphones, and software. People often get curious about these tools and buy them through his affiliate links, generating income.

  • How does Pat Flynn use partnerships with companies like Circle to generate income?

    -Flynn partners with companies like Circle by hosting events or challenges that demonstrate how to use their products (e.g., building communities). These events help promote the product to his audience, and if people sign up through his links, Flynn earns commissions.

Outlines

00:00

💼 Exploring Traditional and Passive Income Models

This paragraph introduces the traditional income model where time is exchanged directly for money. It contrasts this with a passive income model, where an initial investment of time can yield ongoing revenue without continuous effort. The narrator, Pat Flynn, shares his own experience, revealing that with just 63 hours of work in 2023, he generated $237,000. He emphasizes that none of this revenue came from his own products, sparking curiosity and setting the stage for the strategies that will be covered in the video.

05:01

🚀 The Free vs. Headache-Free Model for Promoting Products

Pat introduces a content creation strategy called the 'Free vs. Headache-Free' model. This involves providing in-depth, high-quality tutorials on how to achieve a goal using free tools, with no sales pitch involved. After showing the free way, he then introduces a more efficient and convenient method, known as the 'headache-free' way, which usually involves paid tools or products. Using the software Descript as an example, he demonstrates how this strategy works in real life, showcasing how his content has led to affiliate earnings. He also includes testimonials to show the impact of his content and how affiliate links have generated revenue.

10:02

💰 Affiliate Marketing: Earn from Recommendations

This paragraph highlights the benefits of affiliate marketing as a revenue stream. Pat explains how recommending products you use and believe in can generate commissions without creating your own products. He uses his success promoting the Descript software and the Pokémon card binder company Vaultex as examples. He shares how product reviews and tutorials can lead to consistent earnings and even partnership opportunities. By demonstrating the power of these tools and showing real-world results, such as $12,000 in earnings from Vaultex, Pat shows the effectiveness of affiliate marketing.

15:03

📧 How Challenges Boost Affiliate Conversions

Pat discusses how creating challenges can effectively introduce audiences to products and services. He shares an example with the '100 Emails Challenge,' where he guides participants through getting their first 100 subscribers. The challenge’s structure involves three days of value-packed content followed by a natural recommendation of the ConvertKit email service. The success of the challenge led to significant affiliate commissions ($115,000 in 2023). He emphasizes that challenges, when done right, can provide value to audiences and make product recommendations feel like the logical next step rather than a sales pitch.

🔧 Behind-the-Scenes Recommendations and Amazon Affiliates

Pat dives into the effectiveness of behind-the-scenes (BTS) content for generating affiliate income. He explains how sharing the tools and products you use can build curiosity and generate sales. Pat shares examples of his own content, such as his office setup tours, which have helped him earn around $814 in affiliate commissions in 2023. He notes that while Amazon affiliate commissions are generally small, the wide reach of BTS content can stack up earnings over time. He also mentions how tools like microphones and recording equipment consistently generate revenue.

💻 Leveraging Partnerships and Events for Recurring Revenue

Pat explains how partnerships and hosting events with companies like Circle can be a powerful way to generate recurring affiliate income. He shares examples of partnership events with Circle, which led to over $74,000 in commissions in 2023 alone. These events create opportunities for mutual promotion, converting more people to use the product and resulting in a win-win for both parties. Pat emphasizes that recurring revenue, like that from Circle and ConvertKit, can provide a steady income stream and long-term financial benefits.

🚀 Scaling Your Affiliate Income with Strategic Partnerships

In the conclusion, Pat encourages viewers to explore these passive income strategies for themselves. He reiterates the power of offering free solutions and then introducing the 'headache-free' alternatives through affiliate links. He suggests partnering with companies for events or challenges to deepen engagement and convert more users. He ends by inviting viewers to subscribe for more tips and strategies, emphasizing that building an effective passive income strategy takes time and persistence, but can be highly rewarding.

Mindmap

Keywords

💡Traditional Income Model

The traditional income model refers to the standard way of earning money where individuals exchange time for money. In this system, people work for a set number of hours and are compensated for those hours. The video contrasts this model with more passive forms of income, where one invests time upfront and continues to earn money over time without continuous effort.

💡Freeway vs Headache-Free Way

This concept refers to providing both a free solution and a more convenient paid alternative for the same task. The 'freeway' involves offering a detailed tutorial on how to do something at no cost, while the 'headache-free way' suggests a quicker, easier solution using a paid tool or service. In the video, Pat Flynn uses this concept to explain how offering a free method can lead to promoting an affiliate product for those seeking convenience.

💡Affiliate Marketing

Affiliate marketing is a system where individuals earn commissions by promoting other companies' products or services. In the video, Pat Flynn explains how he generates income by recommending products like Descript and ConvertKit, and includes affiliate links in his content. This allows him to earn a percentage of the sale whenever someone purchases through his link.

💡Recurring Revenue

Recurring revenue is income that continues to be generated on a regular basis, such as through monthly subscriptions or long-term affiliate programs. Pat Flynn highlights this concept in the video, particularly with services like ConvertKit, where he earns commissions each month as long as referred customers remain subscribed.

💡Content Creation

Content creation refers to producing valuable material such as videos, blogs, or tutorials to engage an audience. Flynn emphasizes creating high-quality, free tutorials as a method of building trust and offering value before introducing the 'headache-free way' through paid tools, ultimately monetizing the content through affiliate marketing.

💡Descript

Descript is a video and audio editing tool that uses AI to simplify the editing process. In the video, Pat Flynn uses Descript as an example of a product he promotes through affiliate marketing. He creates free tutorials on how to edit podcasts using free tools and then presents Descript as a faster, more convenient option.

💡Passive Income

Passive income is revenue generated with little to no ongoing effort after the initial work has been completed. Flynn contrasts passive income with the traditional income model, showcasing how upfront investment in creating content or building systems can lead to continued earnings, such as through affiliate marketing or selling digital products.

💡Challenge Marketing

Challenge marketing involves creating a structured challenge for users to achieve a specific goal within a set time frame. In the video, Flynn discusses how he used a '100 Emails Challenge' to help people grow their email lists, and then naturally promoted ConvertKit as a tool to manage those emails. This strategy builds trust and engagement before introducing a product.

💡Product Recommendations

Product recommendations are a form of content where a creator suggests products they use or believe will be helpful to their audience. Flynn frequently shares his tools and methods in his videos, from microphones to email marketing platforms, offering affiliate links so viewers can purchase the recommended products, generating income for him in return.

💡Website Hosting

Website hosting refers to services that provide the infrastructure for websites to be accessible on the internet. Flynn promotes Hostinger as a tool for setting up websites, including affiliate links to earn commissions from his recommendations. He emphasizes the importance of having a website to manage campaigns and grow a business, aligning with the video's theme of monetizing content creation.

Highlights

Traditional income model involves trading time for money, but investing time upfront can generate ongoing income.

Pat Flynn shares how, with just 63 hours of work in 2023, he earned $237,000 from affiliate marketing.

The concept of 'Freeway vs. Headache Freeway' involves providing a free solution and then offering a faster, more convenient paid alternative.

Pat promotes Descript for podcasters through free tutorials and uses affiliate links for the paid tool.

Comments from users on free tutorials reinforce trust and encourage affiliate sales.

Affiliate marketing works by promoting other companies' products, and one can earn commissions without creating products.

Example of Pat's success with Descript: a total of $27,032 in earnings through affiliate commissions.

The 'Curator' model: Pat's Pokemon YouTube channel generated income by recommending the best products for collectors.

A challenge-based marketing strategy: Pat launched a '100 Emails Challenge' that led to $115,000 in earnings from ConvertKit.

Automated email drip sequences allow for ongoing income without constant effort after initial setup.

Recurring affiliate commissions, like with ConvertKit, are considered the 'Holy Grail' of affiliate marketing.

Behind-the-scenes content generates affiliate income by showcasing tools and equipment used in daily operations.

Partnership events, such as those with Circle, create value by promoting products through webinars and challenges.

Partnerships can also involve co-branded products, as seen with the Pokemon binder collaboration with Vaultex.

Event-based affiliate marketing, especially with recurring revenue models, can lead to large spikes in income during specific months.

Transcripts

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this is the traditional income model you

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work for a certain number of hours you

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get paid for those hours and if you stop

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working well you stop getting paid

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you're trading your time for money but

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what would it look like if you invested

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that time upfront and you continued to

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get paid over time from that initial

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work that you did well that would be

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amazing and that's exactly what I'm

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going to show you in this video my name

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is Pat Flynn and I've been an online

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entrepreneur since 2008 have started

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several businesses written books

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keynoted on stages advised companies now

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as well and in this video I'm going to

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be revealing specifically what each of

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these income streams you see on the

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screen right now are and how they're

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using this model to generate Revenue in

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fact just from 2023 alone with a total

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of 63 hours of work I was able to

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generate 237,000

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or coaching um not for my invention the

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switch pod none of that in fact none of

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these products here that generated this

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Revenue are even my own products now if

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you're confused or a little bit

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skeptical before you light up the

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comment section I invite you to wait

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till the end because each of these

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income streams come with their own

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lesson and way that I was able to make

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this happen and any one of these

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strategies might be a GameChanger for

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you and I want to start by teaching you

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a very powerful formula that can be used

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as a basis for how you create content to

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support these things so it's this idea

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of of the

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freeway versus the

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headache

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freeway so what does that mean the

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freeway is you literally sharing how to

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do something completely free no tools

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required no payments required you're

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giving away the entire process right

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with so much information out there this

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is how information is often given

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already but you give the best version of

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the free way to do something and then

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you say okay if you want to do it that

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way great but if you want to do it

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faster and more conveniently here's the

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headache free way to do this case in

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point income stream number one I promote

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a product to my audience called descript

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because it helps podcasters and people

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who do video edit their podcast and

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video easy using Ai and this is my

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earnings for 20123 and you can see down

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below here $

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27,32 which is pretty amazing so how

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does this free versus headache freeway

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come into play here so I create free

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tutorials to help podcasters learn how

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to edit their show and as you can see I

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have a very popular Garage Band one I

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have one using audacity both free tools

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and in my very popular podcasting

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tutorial I share these videos and I also

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show how to edit again completely free

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the important points about doing this

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are as follows it's all free value

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there's no mention of any paid tools you

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don't want people to have to pay to do

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it the free way obviously and they're

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the best most in-depth tutorials so if

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you're creating free content on YouTube

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or blogs or podcasts make it the best

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tutorials you can can you're teaching

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people how to do something for free and

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that's great nobody could ever say hey

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you're just doing this for the money no

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because it's completely free and you

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want these to be great here are some of

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the comments that were coming in from

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those free tutorials you know I watched

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this several times finally got a little

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recording down that's awesome uh got

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scared I actually bought a course this

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is even better Pat's making things a lot

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easier amazing that's the kind of

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response you want from the free content

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that you create that literally reveals

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the entire process why do that so that

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you can offer now the headache free way

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to do something here are some videos

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specifically now about descript three in

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fact that did very well and what it does

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is it creates that jux position hey you

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can do this all for free here it's going

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to take you a lot of time and a lot of

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work or if you want to save some time

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and make it a lot more convenient for

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you well here's an affiliate link for

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this product that I use here's how

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awesome it is in real time each of these

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videos shows off descript they're the

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best most in-depth overview it's not

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about every button in what they do it's

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just like here's how convenient this can

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be right and really you want to focus on

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how much time is saved and each one

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includes an

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affiliate link and that's really

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important a lot of these companies that

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you already may be using might have an

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affiliate link or an affiliate program

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where when you promote and you help

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people kind of make that purchase

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decision you will get a commission from

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that company I mean check out some of

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the comments here from literally videos

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that were created Creed to generate

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revenue from affiliate commissions

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Grandma goody here says this has made a

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tremendous impact on my work dude you

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have no idea how many editing hours I've

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spent removing ums and Oz wow thank you

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so much for this holy crap I'm

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absolutely Blown Away how incredible is

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this tool is now I have the comment

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section selling this on my behalf which

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is pretty amazing right and by just

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creating some videos about this tool and

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a total of 4 hours of work and that work

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originated in 2022 it wasn't even done

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in 2023 I mean the payout speaks for

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itself right this is affiliate marketing

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and it's so powerful because you don't

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have to create these products yourself

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they already exist people are already

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buying them but it's up to you to create

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the best recommendations so make money

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by let's say

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creating the

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best

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recommendations create those videos that

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show p a person how much time they can

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save really demonstrate the power of it

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make money by creating the best

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recommendations for other Company

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products and you can win and all of this

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is a really good reason to have a

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website so you can create and manage

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your own campaigns just like this and

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also have them found on search engines

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too when it comes to building websites

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my go-to solution is hostinger.com the

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sponsor of this video they make it super

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easy to use and set up especially

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WordPress websites that can grow with

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you over time and are so easy to

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customize all you need to do is go to

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hostinger.com

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SPI and I recommend using the business

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plan because it unlocks certain tools

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like AI tools woard Commerce and their

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new hosting or Amazon affiliate plug-in

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which I just got access to and it is

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amazing because in just a couple clicks

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inside of your post you can search for

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and display the products that you want

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to promote as an affiliate just like

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that again go to hostinger.com SPI and

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be sure to use the code SPI during

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checkout to save even more a big thank

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you to hostinger for sponsoring this

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video and supporting the channel and now

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let's move on to the next income stream

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let me show you another example in a

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space outside of cre

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and making money online now you might

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know that I have another YouTube channel

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in the Pokemon collection space and in a

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span of 3 years was able to get to

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nearly 200 million views and the

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estimated Revenue blurted out there I'm

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going to save that for another video I

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didn't want it to distract so make sure

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you subscribe so I can tell you more

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about that later but this channel which

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has nothing to do with making money I'm

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generating Revenue in the same kind of

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way income stream number two is for a

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binder company called vaultex and this

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is what I like to call the professional

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curator being a curator is often times

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more valuable than just being a Creator

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helping people filter all the noise out

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there to find exactly what they need so

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here's a video that was published on

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that channel called the correct way to

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store Pokemon cards in a binder and look

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at that 2.9 million views which is

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amazing so again I'm not going to teach

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YouTube and thumbnails and all that

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stuff now if you want more of that info

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let me know in the comments but here's

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what you need to do one find a relatable

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problem two recommend the best solution

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three compare other solutions to that

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solution that you selected so there's

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some proof and why that's the case and

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four then you can partner with the

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company so of course in this video about

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storing your Pokemon cards I recommend a

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vaex binder and people are able to go

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through a link and I get a commission

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from volx as a result we have

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9,624 but uh this is you know the

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equivalent of $12 to $133,000 which is

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pretty darn great for just a product

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that I recommend that I show people how

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to to use and why to use it in addition

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to their e-commerce affiliate earnings

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some people purchase these on Amazon so

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I get a commission from that as well you

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can see some affiliate commissions there

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for all this vaultex stuff here and you

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know they don't make quite as much but

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they definitely help out and over time I

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mean I'm still earning revenue from a

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one-time video and the few times I

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mention it after and the cool thing

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about affiliate marketing is in addition

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to the revenue that you can earn

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Sometimes some of these companies will

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want to partner with you and check this

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out this is a deep pocket monster which

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is my channel binder that we were able

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to work together on and I got paid

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additional revenue from the sales from

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this a little bit of time upfront to

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invest and a lot of more money coming in

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overtime as a result moving on to income

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Source number three convertkit

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convertkit is an email service provider

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that I've been an affiliate for for a

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while I'm also an adviser to the company

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but here what really helped Kickstart

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this was the idea of a challenge and

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this was actually something that started

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in 2016 and it was live launched and

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then has become automated and continues

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to generate Revenue over time with zero

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additional work just some work put in up

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front to make this happen so why does a

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challenge work really well well the

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challenge we did was the take the 100

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emails challenge so imagine this

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actually let me give you the rundown of

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how this works and I'll give you a

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specific example so people sign up for a

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short and convenient challenge in this

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case to get 100 subscribers you don't

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want people to have to pay for anything

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you don't mention any products or tools

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people just do this for free again the

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free way to do something and then the

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headache free way to do something so

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people sign up for this the content in

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this little challenge is delivered and

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managed through an email drip sequence

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that was already pre-written and number

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three after success the product becomes

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the next step because think about it if

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I can help a person get to a 100 emails

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on their own they're going to need to do

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something with that and they're going to

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want to take it to the next to the next

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level great convertkit becomes the next

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logical step two and it doesn't even

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feel like selling at that point it's

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just the logical Next Step for people to

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take so here's how the challenge works

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just so you can get a rundown and

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perhaps create a framework of your own

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so this is a landing page and this is

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the uh landing page at 100.com people

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sign up for that and what happens is

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over the course of three days they get

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emails day one they get an email and it

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gives them basic instructions on how to

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get their first 10 subscribers something

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really light day two they get another

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email and this one is a little bit more

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more difficult and it kind of stretches

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them a little bit but they're still

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getting some

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results and then their day three email

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this is a 3-day 72-hour

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Challenge and this is all dripped right

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it's all pre-written ahead of time which

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is nice if you wanted to live launch

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this you can have it start on a certain

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date and end on a certain date but like

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I said you can automate this like we

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have since 2016 so this is day three and

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the magic happens on day four this is

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where your product recommendation goes

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and in this case it's an email service

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provider to help you take the emails

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you've already collected and to be able

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to send broadcast to be able to create

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autoresponder sequences of your own and

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all those good things that happen with

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email this is a very natural way to help

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people get a result and then to lead

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directly into a product that makes it a

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win for everybody it's a win for the

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company they're getting customers it's a

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win for your audience because they're

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getting the curated next step and they

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know exactly what product to use and

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they of course trust you because you've

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already helped them get a result and

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you're also getting a commission as well

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in addition to the challenge which the

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challenge was definitely the number one

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thing that has helped with that

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particular affiliate uh partnership um I

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had Nathan Barry the founder on the

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podcast to have him tell stories that

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helps build trust with the company

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because it's not my product but having

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him on the podcast hearing his voice

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hearing how he started the company his

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his vision for it uh really helped

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builds trust and this definitely helped

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convert people and of course I have

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YouTube videos to help promote and

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demonstrate how easy and convenient this

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is is to use as well and overall we can

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see the date range here

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2023 convertkit alone had generated

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total commissions of about

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$115,000 and this is the Holy Grail

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because convertkit and a few other

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softwares do something that many other

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affiliate opportunities do not the Holy

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Grail of affiliate income

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is

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recurring meaning if a person comes in

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through my affiliate link for convertkit

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as long as they stay on for a certain

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period of time I mean different uh

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programs have different lengths of how

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long that'll go for um I'm continually

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getting a commission month month over

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month sometimes it might be a year

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sometimes it might be two depending on

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the company but it's not just a one-time

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thing for a lot of products which is

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pretty amazing so these things will

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stack on each other so if you get 100

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people in this month I mean you can get

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another 100 people in the next month but

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now you have 200 people who are

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continually paying you a percentage of

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the overall price of what they paid for

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pretty amazing okay moving on to income

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stream number four and to set this up I

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want to share a web page for you on my

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personal website patf flim.com this is

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the most visited page on the website

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because it shares all the different

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tools that I use behind the scenes and

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when you share behind the scenes how you

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do what you do people get very

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interested in the tools that you're

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using case in point you've been seeing

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me use this pad and and Pen you more

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than likely have been curious about what

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am I doing to do this and have the

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screen set up in this way well I'm

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simply using an iPad in an app called

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procreate but again just to show you

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people get curious when they see you

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doing something kind of new and

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Innovative so this is income stream

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number four which much of this can point

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to Amazon uh it doesn't necessarily have

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to be Amazon but that's where a lot of

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these products and things that you might

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recommend that you use exist and the

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affiliate commissions aren't great from

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Amazon but these things stack up

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especially if you create really good

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content that gets viewed uh quite a bit

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and and gets a wide reach the BTS

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recommendation right behind the scenes

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not the K-pop group although junk cook

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is pretty awesome all right so a couple

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videos I created a long time ago that

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promote a lot of the the tools and the

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cameras and the lights that I do you

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could see a live studio office tour here

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home office tour people love to see the

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behind the scenes uh stuff of what you

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got going on a couple more I went live

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every day here on the channel for 365

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days straight in 2020 and people got

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interested in what that setup was like

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how did I do this what tools was I using

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and this stuff converts extremely well

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as you can see here in all of 2023 I was

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able to generate

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$814 simply by just recommending the

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tools that I was already using because

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people are very curious about those

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things here is a broken down report by

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product which is pretty cool so most of

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these earning 3% commission from Amazon

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but look at this Samsung Q2 this is the

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microphone I recommend and basically

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every time I talk about podcasting and

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pod podcasting equipment uh a quick easy

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to ous nice sounding us B mic has

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generated over $1,000 just that one

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product alone and it's not just the

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microphone right it's the armstand it's

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the shock mount that goes along with it

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uh the portable mic that you might need

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if you're on the go all these kinds of

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things again it doesn't even feel like

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selling because I'm just showing people

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what I'm doing behind the scenes and

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then dropping an affiliate links for

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those products the fifth income stream

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is a new company called circle circle is

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where I host our communities at SPI our

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SPI Pro community and our All Access

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pass um it's where our community lives

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so if you'd like to check that out the

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links are in the description but circle

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like convertkit has a recurring Revenue

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when you get people to sign up for

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Circle which is pretty cool and the way

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that we best promote this there is a

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little bit of behind the scenes like hey

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this is what we use to create

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communities but partnership events with

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these companies so if you promote a

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product think about potentially working

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together with that product to create an

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event we've done a number of these

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events with circle that have always

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worked out really really well this first

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one here was when we were doing a little

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uh build your build your brand build

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your community Challenge and we worked

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with them in fact they helped promote to

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their list of people who did not convert

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yet over to Circle they promoted this

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event for us because what were we doing

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we were helping people learn how to

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build their communities so if they

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weren't converting for people directly

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they could convert from us we're doing

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Circle a service in that way and in turn

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they're giving us a commission for

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anybody that converts this one is a

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little bit different this was a circle

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hosted event that Matt my partner and

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CEO and I we came on to provide some

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value and if we were able to convert

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people and we pushed people over there

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if we converted people over to Circle

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from there then okay we would get a

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commission as well so a lot of high

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value very little upfront uh investment

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I mean a little bit more time than

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normal for events because there's a lot

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of planning that's involved and whatnot

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but overall especially when it comes to

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recurring Revenue opportunities with

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affiliate programs it's definitely worth

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the shot so what is the result of doing

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event Partnerships leading into an

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affiliate offer we have $74,500

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14 and you can see just in July alone

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July was when we hosted one of those

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events in 2023 you could see a big

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uptick that was our best month so what's

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going to happen is next year or excuse

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me this year 2024 when July circles back

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around because a lot of those people

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came in on the annual plan we're going

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to see another uptick and like I said

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before these things will continue to

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stack so what would it look like if you

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had even just one additional product

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that can generate more revenue for you

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and maybe you shared the freeway to

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achieve the same goal which was hard and

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kind of ridiculous but you shared it for

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free and then you showed and ju

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positioned it with the headache free way

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to do something the more convenient way

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the way that would make sense to invest

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in and people would go through your

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affiliate link because you provided them

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value what would it look like if you

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partnered with one of these companies

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and did a bigger event or perhaps you

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did a challenge to get people a little

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bit of a win so they can move into that

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product as a second step I think that

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would be pretty pretty awesome and you

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know what would also be awesome is if

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you hit that subscribe button so I can

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continue to help you over time as you

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and I grow our businesses together so

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thank you so much peace out check out

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this video right here especially if

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you're just starting out you want to

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learn how to figure out what you might

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be able to help people with and build a

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business from that video right there I

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don't know why I'm holding my pen that

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way right there thanks so much

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Passive IncomeAffiliate MarketingContent CreationOnline BusinessEntrepreneurshipPat FlynnRecurring RevenueMarketing StrategyDigital ProductsIncome Streams