How I Built 7 Streams of Income By Age 24

Only elite, alpha, ultra rich, super geniuses scroll back up and hit like. Just saying

The fact that nobody talks about the book The Hidden Truths Of Wealth speaks volumes about how people are stuck in a trance.

🎯 Key Takeaways for quick navigation: 00:00 🎬 Introduction to 7 Streams of Income - Introduction to the speaker's seven income streams developed by age 24. - Importance of passive online income for personal financial freedom. - Transitioning from traditional employment to building multiple income streams gradually. 01:22 💻 Selling Digital Products - Selling digital products as a beginner-friendly online income source. - Examples of digital products: eBooks, courses, templates. - Highlighting the misconception that a large following or unique idea is necessary for success. 03:27 ☕ Print on Demand Business (Mugs) - Explaining the print on demand business model for physical products. - Transition from selling digital products to designing and selling mugs. - Leveraging AI tools for design creation and the scalability of the business. 05:20 🖼️ Print on Demand Business (Posters) - Expansion into selling posters using print on demand. - Diversification of income streams by repurposing designs across multiple products. - Highlighting the ease of managing multiple shops and the passive nature of income. 07:29 📱 Social Media Content Creation - Utilizing social media content creation for income generation. - Emphasizing the importance of providing value and authenticity. - Mentioning various income streams from ad revenue, sponsorships, and product sales. 10:00 🤝 Affiliate Marketing - Explanation of affiliate marketing as a referral-based income source. - Growth potential through personal branding and content creation. - Demonstrating the effectiveness of affiliate marketing through personal experience. 12:05 💳 Utilizing Credit Card Bonuses - Utilizing credit card bonuses for passive income generation. - Strategy of matching specific cards to spending categories for maximum rewards. - Highlighting the importance of responsible credit card use and avoiding debt. Made with H

Thanks for the insight and candor about your business, Alek! I seemed to think that "digital entrepreneurship" was one income source, albeit from varying POD businesses. Glad to see your point of view. 1. Digital Products 2. POD - Mug store 3. POD - Poster store 4. POD - T-shirt store 5. Social Media Content 6. Affiliate Marketing 7. Credit Card Bonuses Bonus tip: = Don't attempt to start multiple income streams at once. Build one, then move to the next, once cash flows.

Thank you, Alek! I'm at the beginning of my journey to passive income and I'm really enjoying it. I'm working hard and learning SO much from your videos and your course! Thank you so much!

Alek, I've been following you since before your 100k subscriber, and what I most appreciate about you, except your skills to explain things really well (of course) , is that you are always really honest and transparent about the reality of this business without making people believe it's really easy, like you make overnight success. Many other YouTubers talk only about how much money they make just to get views, and are not clear about the reality of it. This is really important. Thanks for your videos!

Helpful and inspiring. Thank you. 🙏🏽

My three favorite channels: Alek, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

Thank you so much for your videos. Provide valuable insight and hope

Great breakdown on the income streams! For those looking to amplify their passive income, consider leveraging automation tools for email marketing to nurture leads without constant manual effort, it can be a game-changer in scaling your business efficiently.

Perfect execution from starting a small online business to building a digital empire!

SO glad you released this video in particular Blcktken300. I was accumulating AR and then saw your video last year saying that you see Blcktken300 may hit 300-400 and then you changed your view. Great and very informative!!! Thanks

Thanks for putting all this together on this video.

This channel is so straight forward and to the point it motivated to start my own Etsy mug shop

Can you show us proof that within months your digital art/POD/t-shirt businesses were doing $10k+ in sales? Sounds extremely unrealistic for a new store.

Love the idea of making/selling digital products.

Alek! youre the reason i made a store and got into POD designing. I have put in hundreds of hours of time and dedication into it. unfortunately the fruits of my labor has yet to be seen. 116 listings, and only sales were from supporting people in my circle. Losing hope, and dreading the seemingly inevitable return to blue collar. But seeing your vids, brings that hope back everytime. Your way of smoothly delivering pertinent information, while mixing it with some motivational get up and get it energy is top notch, And i thank you for it! Much love, from waterthenwinedesign

Awesome, thank you so much, Alek, for this incredible overview!! 🤩✨🌹

Great Info! Bitcoin is moving crazy these few days but if you are smart then you should know the best thing to do is exchange especially with the right guidance.

Nice content. Thanks!