- 2 months ago
In this video I rank the laziest ways to make money online and I outline how $100 / day is possible with these passive income side hustles. If you're looking to earn online, this is the right video.
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00:00What's the laziest way for beginners to make money online?
00:03That's one of the most common questions I get asked,
00:06and honestly, who doesn't wanna make good money
00:08with minimal effort, all while having the freedom
00:11to work from anywhere in the world?
00:12So as a millionaire businessman,
00:14I'm gonna use my knowledge to finally answer this question.
00:17As you can see, I've got this grid out in front of me.
00:20We're gonna use it to figure out
00:22which online money-making method is truly the laziest
00:25by judging each one in five categories.
00:28First up, learning curve.
00:30This is how long it takes before you're earning decent money.
00:33Ideally, we want this to be as short as possible
00:36to keep things truly lazy.
00:38Next up is fulfillment.
00:41This is all about delivering whatever it is you're selling,
00:44and we want this to be as simple as possible.
00:46Then there's scalability.
00:48This measures how easy you can grow and make more money
00:51without piling on extra work.
00:53After that, we have startup capital
00:57or how much money you'll need to invest upfront to get going.
01:00And finally, we're looking at risk level.
01:04Higher risk usually means more stress,
01:06which even if it's easy money can drain you over time.
01:09Today, I'm only gonna be covering money-making methods
01:12that can realistically bring you in over $100 a day.
01:16So no online surveys or transcription sites,
01:19they pay next to nothing,
01:20can just end up wasting your time anyway.
01:22Method one, freelancing.
01:25This is all about using your skills to earn money online
01:28by working directly with clients.
01:30There are tons of skills you can choose from,
01:32including video editing, social media management,
01:35graphic design, copywriting, and website development.
01:38This is great because you get to choose your projects
01:41and work schedule, which gives you a lot of flexibility.
01:44So it's perfect for those wanting control
01:46over when and where they work.
01:47In my opinion, the best one to focus on is video editing,
01:51as due to the rise of digital content,
01:53there's a real shortage of great editors at the moment.
01:56But the real question is, how lazy is freelancing?
02:00Well, let's have a look.
02:01For learning curve, I'm gonna say six months.
02:05To start making good money,
02:06you'll probably need at least this amount of time
02:09to learn and build a portfolio.
02:11The most popular skills like video editing, design,
02:14and copywriting have tons of tutorials on YouTube,
02:17which can help you level up very quickly.
02:20For fulfillment, I'm gonna say this is pretty hard.
02:23Dealing with clients one-on-one can be a bit tricky.
02:26I remember when my son was freelancing as a video editor.
02:29Every week he'd be venting about a client
02:32who kept requesting changes
02:34that he felt made the video worse.
02:36It was so frustrating for him
02:38because they just didn't get it,
02:40but he had to keep his cool, play nice,
02:42and make those changes anyway.
02:43It's tough to do,
02:44especially when you're passionate about a project
02:47and feel like someone is dragging it down.
02:49Now for scalability,
02:51I'm gonna say this one is pretty limited.
02:54In freelancing, your income is tied directly to your time.
02:58This means there's a cap on your earnings
03:00unless you either charge higher rates
03:02or hire other people to do the work for you.
03:04The only way to scale is to build a good client base,
03:07as this will lead to steady work.
03:09You can do this on freelance sites like Upwork and Fiverr.
03:13Fiverr is ideal for beginners,
03:14as you can list services without needing to bid on jobs.
03:18Upwork might be a bit more competitive,
03:20but it often has higher paying projects.
03:22Startup capital though is pretty good.
03:25It's practically zero.
03:27If you already have a computer and internet access,
03:30you're nearly set.
03:31Some tools like the Adobe Creative Suite for design
03:34or video editing can be a great investment,
03:37but there are free or low-cost alternatives like Canva
03:40that you get started with.
03:42Your biggest investment here is your time.
03:45Finally, for risk, this is pretty low,
03:47mainly because there is very little upfront cost
03:50and you're directly paid for each project.
03:53The only real risk is potentially inconsistent income,
03:56so you might have to put in some effort initially
03:59to build up a steady stream of clients.
04:01So overall, this is definitely not the laziest method.
04:05However, freelancing can be a great way
04:07to start making money online,
04:09especially if you're willing to put in the time,
04:11build up your skills and a client list.
04:14Method two, Airbnb arbitrage.
04:16This is a money-making method
04:18where you rent out a property on a long-term lease
04:21and then rent it out short-term on platforms like Airbnb.
04:25Essentially, you're acting as the middleman,
04:27taking advantage of the price difference
04:30between your long-term lease and the short-term rental rates.
04:33This can be a great way to generate passive income
04:36without having to own the property yourself.
04:38You'll need to get permission from the owner,
04:40but you'd be surprised how many landlords are okay with this.
04:43They either don't know how to operate an Airbnb
04:46or don't have the time to do it themselves.
04:49So how lazy is it?
04:50This one has a one to three month learning curve.
04:55Getting the hang of Airbnb arbitrage doesn't take too long.
04:59You need to spend a bit of time learning about the platform,
05:02understanding local rental laws,
05:04and getting familiar with property management.
05:07The bulk of this preparation time
05:08will be spent finding good properties.
05:11Look for places near tourist attractions,
05:13universities, or business districts.
05:16Websites like AirDNA can give you insights
05:19into rental prices and occupancy rates.
05:21You'll also need to reach out to landlords
05:23and let them know you plan to sublet the property on Airbnb.
05:27Make sure you get their permission in writing,
05:30as you don't want them to find out later
05:32and cancel your lease after you've put in all that hard work,
05:35getting it up and running on Airbnb.
05:37Fulfillment is medium difficulty.
05:41While it can be a relatively hands-off way of making money,
05:45you still have to deal with some customer issues
05:47from time to time.
05:48Guests might have questions or concerns,
05:51and you'll need to manage check-ins and cleaning.
05:53It's not as easy as just putting up a listing
05:55and forgetting about it,
05:57but it can be manageable with a good system in place.
06:00That's why it's a good idea to use management software
06:03like Guesty or Hostfully to streamline your bookings,
06:06communication, and check-ins.
06:09This will save you time and help keep your guests happy.
06:11Now, here's where it gets really exciting,
06:14because scalability is very high.
06:19One of the best parts about Airbnb arbitrage
06:21is that it's highly scalable.
06:23You can keep adding more properties to your portfolio,
06:26and there's really no limit to how many you can manage.
06:30You just have to make sure you have the time and resources
06:33to keep everything running smoothly.
06:35Here's the bad news though.
06:37This is gonna require 5K
06:41to 15K of startup capital.
06:44This is where it gets a bit tricky.
06:47You'll need a decent amount of upfront cash
06:49to secure a lease, cover any initial furnishing costs,
06:52and possibly pay for cleaning services.
06:55Finally, risk level is pretty high.
06:58The main downside to this method
07:00is the upfront cash you need to invest.
07:02However, if you take advantage
07:04of the management tools I mentioned,
07:06it can be relatively hands-off.
07:08Saying that, I reckon we can find an even lazier option.
07:12Method three, an eBay shop.
07:15This is a great way to make money
07:17by selling products online.
07:19You can sell anything from vintage clothing and electronics
07:22to handmade items,
07:23or even get rid of stuff you don't need.
07:26With millions of users,
07:28eBay offers a massive marketplace
07:30where you can reach potential buyers
07:32without needing to set up an actual shop in the street.
07:35But the question is, how lazy is it?
07:37Well, we're gonna find out.
07:39The learning curve for this is around about two weeks.
07:44Getting started with eBay is pretty straightforward.
07:47Before diving in,
07:48think about what kind of products you want to sell.
07:51Are you into vintage clothing, collectibles,
07:53electronics, or something else?
07:56You can then use eBay search function
07:58to see what's popular and in demand in your chosen niche.
08:02Then you just need to create your eBay seller account
08:04and source your products.
08:06As I mentioned before,
08:07you can start with things in your house
08:09that you don't want anymore,
08:10or you could order items you've seen selling on eBay
08:12from DHgate.
08:14This process shouldn't take more than a couple of weeks.
08:17For fulfillment,
08:18I'm gonna say this is a medium difficulty.
08:21You'll have to send your products out yourself,
08:24and you might run into some customer issues
08:26from time to time,
08:27like returns or inquiries about products.
08:29I've been running my eBay shops for years now,
08:32and in my experience,
08:33it's always better to send a replacement or issue a refund.
08:37Even if you suspect the customer is trying to scam you,
08:40it's simply better to keep your eBay account
08:42in good standing.
08:43These kinds of situations used to stress me out
08:46something rotten.
08:47However, now I've learned,
08:48it's just the cost of selling items online,
08:51and there's no getting away from it.
08:52The scalability of this one is very high.
08:56You can continually add new products,
08:58and there's really no limit
08:59to how many items you can sell.
09:01As you start to make more money,
09:03you might even want to consider branching out
09:05onto other platforms like Etsy and Amazon.
09:07Alternatively,
09:09you could start various eBay shops in different niches.
09:12I'd say you need at least $500 of startup capital.
09:17To get your shop off the ground,
09:19you'll need to use this initial money for stock,
09:21depending on what you want to sell.
09:23$500 can be a reasonable starting point.
09:27You can find good deals at thrift stores, garage sales,
09:30or even wholesale suppliers like DHgate,
09:32who I mentioned earlier.
09:34I'd say this is medium risk.
09:37This risk comes from the fact
09:39that you're putting money into stock
09:40that might not sell right away.
09:42However, if you're smart about your choices
09:45and stay on top of trends,
09:46you can really reduce that risk.
09:48I'd say the eBay shop method is winning so far,
09:51as it's a pretty lazy money-making method.
09:54However, it's lacking in a few of the categories,
09:56so let's keep going.
09:58Method four, affiliate marketing.
10:02This is a great way to earn money
10:03by promoting other people's products or services.
10:07You get paid a commission for every sale made
10:09through your referral link.
10:11It's a win-win.
10:12You help someone sell their products
10:14while earning a little something for yourself.
10:17No need to handle products or do any customer service.
10:20So let's see how this stacks up against the other methods.
10:24The learning curve for this one is super short.
10:26I'd say one to two days.
10:29All you really need to do is to sign up
10:31to different affiliate programs.
10:33You can use sites like Amazon Associates, ClickBank,
10:36and my favorite, Impact.
10:38I'd recommend going onto these sites
10:40and seeing what companies are offering the best commissions.
10:43Then you can start thinking about how you can get people
10:45to start using your links.
10:47For fulfillment, I'm gonna say this is very easy.
10:51Once you've shared your affiliate links,
10:52your job is pretty much done.
10:54You won't be responsible for fulfilling orders
10:57or dealing with customer complaints, which makes this one
11:00a pretty stress-free way to earn some extra cash.
11:03The scalability of this one is very high.
11:06You can promote as many products as you want
11:09and keep racking up those sales passively.
11:11In the past, the go-to strategy for scaling
11:14was paid ads on Facebook.
11:16These days though, you're much better off focusing
11:19on organic short-form content.
11:21The amount of free reach you can get is incredible.
11:24Just look at the way Andrew Tate skyrocketed in popularity.
11:28Tons of people were clipping his videos
11:30and posting them on TikTok, Instagram, and YouTube shorts,
11:34all while including their affiliate links
11:36to his online course.
11:37Some of these kids were making thousands of dollars
11:40a month doing this.
11:41I'm not promoting his course, but it's worth noting
11:44that affiliate marketing has been around for ages
11:46and is still going strong.
11:48So you can use similar tactics
11:50to earn some decent money yourself.
11:52In terms of startup capital,
11:54I'd say you'll need at least $250.
11:58You can definitely start for less,
12:00but that's assuming you don't want
12:01to create the content yourself.
12:03With $250, you can get some solid short-form content
12:07edited to promote your affiliate products.
12:09Starting with organic content is a smart move.
12:12You can always dive into paid ads later.
12:14It sets a strong foundation without breaking the bank.
12:18The risk with affiliate marketing is very low.
12:21This is because you're not holding any inventory
12:24and have minimal upfront costs.
12:26You won't have to worry about unsold stock
12:28or customer service, which makes affiliate marketing
12:31a low pressure way to earn money.
12:33Saying this, I think the last method we're about to discuss
12:36is even lazier.
12:38Method five, AI Shopify store.
12:41Setting up an AI-built Shopify store
12:43is a great shortcut for anyone looking to start e-commerce
12:47without the typical learning curve.
12:48With this approach, you can set up a store,
12:50have winning products selected for you,
12:53and automate inventory and fulfillment,
12:55all thanks to the power of AI.
12:56The learning curve is practically zero.
13:00This is as beginner-friendly as it gets.
13:03Head over to buildyourstore.ai.
13:05I'll leave a link in the description
13:07and click start your free store.
13:09The tool guides you through each step,
13:11beginning with a prompt for basic details
13:13like your name and email.
13:15You'll then be asked to choose a niche,
13:17with popular options like fashion, electronics,
13:20and pets available.
13:21Selecting a niche that aligns with your interests
13:24can make the store easier to promote in the long run.
13:27The AI even helps you with store aesthetics,
13:29giving you the options for banners, layouts,
13:32and color schemes to make your shop
13:33look professional and appealing.
13:35Once you're ready, connect to Shopify
13:37by following the prompts.
13:38If you use the link in the description,
13:40you can access a three-day free trial,
13:42and after that, three months at only $1 each.
13:45This makes the process incredibly affordable to test out,
13:49and since the platform walks you through each step,
13:52you won't need any technical knowledge to get started.
13:54Now for fulfillment.
13:56Very easy.
13:58This is assuming you registered for AutoDS.
14:01Don't worry, the Build Your Store website
14:03will prompt you to use this.
14:05It takes care of everything,
14:07from adding trending products to your store,
14:09to updating important details like prices and images.
14:13And when a sale comes through,
14:14AutoDS ships the items straight to your customer.
14:18It's especially useful if you're looking
14:19to make passive income,
14:21as it removes the need to keep track of inventory,
14:23or personally shipped products.
14:25As I was planning on talking about AutoDS anyway,
14:28I reached out to see if they'd be interested
14:30in sponsoring this portion of the video,
14:32and they agreed.
14:33So if you go through this process
14:35and use Build Your Store AI
14:36with the link in the description,
14:38you'll also get the trial on AutoDS for 99 cents.
14:41So you can experiment with the app
14:43before deciding to invest long-term.
14:45While you'll need to enter a payment method
14:47to activate the trial,
14:48they'll only be taking 99 cents.
14:50So this gives you some time to test it out,
14:52pretty much risk-free.
14:54Now for scalability.
14:56This one is unlimited.
14:58Much like with an eBay store,
15:00an AI-built Shopify store is practically unlimited
15:03in its potential to scale.
15:05You can use AutoDS to continually add new winning products
15:08to keep your store fresh and updated.
15:11And since they handle shipping,
15:13you can grow the store without worrying about logistics.
15:15Startup capital, just $1.99 cents.
15:20So this is $1 to activate your Shopify account
15:24and 99 cents for AutoDS's trial.
15:27The AI tool that builds your store is completely free.
15:30Now, risk level, almost none.
15:34With such a minimal upfront investment,
15:36the risk level here is as low as it gets.
15:38Even if you decide this method isn't for you,
15:41the low cost to try it out makes it a no-brainer.
15:44So if you're looking for a low effort,
15:46highly scalable way to make money online,
15:49an AI-built Shopify store might be your best bet.
15:52It's passive income that you can manage from anywhere
15:55without the need to be an influencer,
15:57invest heavily, or manage shipping yourself.
15:59If you wanna know what to do with your money
16:01every time you get paid,
16:02and I'm gonna leave that video right up there,
16:04but don't click on it just yet.
16:06Make sure to subscribe if you wanna grow your wealth, okay?
16:09I'll see you over there.
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