Laziest Way to Make Money Online In 2025 ($100/day+)

00:27:50
https://www.youtube.com/watch?v=6KB9h-FcD8Q

Zusammenfassung

TLDRIn this video, the speaker emphasizes that while there is no quick way to get rich, there are smarter methods to achieve financial success. He evaluates various business models, including drop shipping, social media marketing agencies, software development, affiliate marketing, and digital products. The speaker concludes that digital products 2.0, enhanced by AI and modern platforms, is the most efficient and 'laziest' way to make money, offering low upfront costs, high scalability, and minimal risk. He encourages viewers to seize the opportunity in the growing digital product market before it becomes overly competitive.

Mitbringsel

  • 💡 There is no get-rich-quick scheme, but smarter ways exist.
  • 📈 Digital products 2.0 is the laziest way to make money.
  • 💰 Upfront capital for digital products is low ($100-$200).
  • 🚀 Digital products are highly scalable with minimal effort.
  • ⚠️ Drop shipping has high risk and difficulty.
  • 📉 Affiliate marketing requires building a personal brand.
  • 🧠 AI has revolutionized the creation of digital products.
  • 📊 The digital product market is projected to double in size.
  • 🛠️ Platforms like WAP simplify the selling of digital products.
  • ⏳ Timing is crucial; entering the digital product market now is advantageous.

Zeitleiste

  • 00:00:00 - 00:05:00

    The speaker emphasizes that there is no quick or easy way to get rich, but there are smarter and quicker methods. They promise to reveal the laziest way to make money by evaluating various business models, highlighting that laziness can often lead to smarter choices. The speaker, a successful entrepreneur with diverse business experiences, aims to help viewers find the most efficient way to earn money without excessive effort.

  • 00:05:00 - 00:10:00

    The speaker discusses the stigma around wanting to make money with minimal effort, arguing that hard work alone does not guarantee wealth. They stress the importance of choosing the right business model, as some require more effort than others. The video aims to identify the laziest business model by comparing five different models based on categories like upfront capital, scalability, fulfillment, risk, and difficulty.

  • 00:10:00 - 00:15:00

    The speaker begins evaluating the drop shipping model, noting that while it seems easy, it involves significant upfront capital for product testing and has moderate scalability. Fulfillment can be stressful due to reliance on suppliers, and the model carries high risk and difficulty due to competition and market trends. Overall, drop shipping requires a lot of effort and a high-risk tolerance to succeed.

  • 00:15:00 - 00:20:00

    Next, the speaker analyzes the social media marketing agency (SMMA) model, which has low upfront capital and is beginner-friendly. However, scalability is limited as each new client adds more work. Fulfillment can be managed through contractor arbitrage, but managing a team and clients can complicate the process. The risk is low, but the difficulty is moderate due to increased competition and the need for various skills.

  • 00:20:00 - 00:27:50

    The speaker discusses software as a business model, highlighting its high upfront capital requirements and difficulty level. While it offers high scalability, the fulfillment process is complex and requires ongoing development. The risk is significant, especially for beginners, making it a challenging model to succeed in. Finally, the speaker introduces affiliate marketing, which has low upfront costs and moderate scalability, but requires building an audience, making it less appealing for those seeking minimal effort.

Mehr anzeigen

Mind Map

Video-Fragen und Antworten

  • Is there a way to get rich quickly?

    No, there is no such thing as get-rich-quick; however, there are smarter ways to make money.

  • What is the laziest way to make money?

    The laziest way to make money is through digital products 2.0, which leverages AI and modern platforms.

  • What are the key factors to consider when choosing a business model?

    Key factors include upfront capital, scalability, fulfillment, risk, and difficulty.

  • Is drop shipping a good business model?

    Drop shipping has high risk and difficulty, making it less appealing for those seeking minimal effort.

  • What is the upfront capital required for digital products?

    The upfront capital for digital products 2.0 is around $100 to $200.

  • How scalable is the digital products model?

    Digital products are highly scalable, allowing for thousands of sales without additional work.

  • What is the risk level associated with digital products?

    The risk is low, as platforms like WAP are free to use.

  • What makes digital products easier to create now?

    Advancements in AI and product hosting platforms have significantly lowered the barriers to entry.

  • What is the projected growth of the digital product market?

    The digital product market is projected to double in size over the next 5 years.

  • Why is affiliate marketing not considered a primary business model?

    Affiliate marketing often requires building a personal brand, which many people may not want to do.

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Automatisches Blättern:
  • 00:00:00
    So, I want to make something very, very
  • 00:00:01
    clear to you. There is no such thing as
  • 00:00:04
    get-rich quick. There's no such thing as
  • 00:00:06
    get-rich easy. But there is such a thing
  • 00:00:08
    as get-rich quicker and get rich easier.
  • 00:00:10
    So, whatever you do in life, you're not
  • 00:00:11
    just going to magically snap your
  • 00:00:13
    fingers and all of a sudden make money.
  • 00:00:14
    But there are definitely ways that you
  • 00:00:15
    can make your life a lot easier because
  • 00:00:17
    their quote unquote laziness leads them
  • 00:00:19
    to evaluate all the opportunities and
  • 00:00:21
    choose the opportunity that has the best
  • 00:00:23
    ROI, the best vehicle to get them to
  • 00:00:24
    their destination. So, in today's video,
  • 00:00:26
    I have a very simple promise for you.
  • 00:00:27
    I'm going to show you the laziest way.
  • 00:00:28
    And by the way, don't ever let anyone
  • 00:00:30
    shame you for looking for the laziest
  • 00:00:31
    way. A lot of times the laziest
  • 00:00:33
    translates into the smartest. So, I'm
  • 00:00:34
    going to show you the laziest way to
  • 00:00:36
    make money this year. And we're going to
  • 00:00:37
    do that by evaluating all the different
  • 00:00:39
    business models out there and get to the
  • 00:00:40
    bottom of really what makes the most
  • 00:00:42
    sense for you at your career
  • 00:00:44
    stage. All right. So, listen. As a
  • 00:00:46
    ninefigure entrepreneur, I've been asked
  • 00:00:48
    this question over and over and a lot of
  • 00:00:50
    people I come from a very unique
  • 00:00:51
    perspective because I own multiple
  • 00:00:53
    software companies. I own multiple
  • 00:00:54
    physical product brands. For example,
  • 00:00:56
    like my eyewear business. I got my start
  • 00:00:57
    doing service businesses. I've been one
  • 00:00:59
    of the most successful people in digital
  • 00:01:01
    products probably ever. And at least at
  • 00:01:02
    this current time, I'm the number one
  • 00:01:03
    digital product expert in the world. And
  • 00:01:05
    as I said, going back to my software
  • 00:01:06
    companies, one of the companies that I
  • 00:01:08
    own is a company that helps people with
  • 00:01:09
    digital products. And at the time of
  • 00:01:10
    recording this at least, people make
  • 00:01:12
    about $100 million a month on my
  • 00:01:14
    platform. So, I'm in this very
  • 00:01:15
    interesting position where, you know,
  • 00:01:16
    I've had service businesses, I have some
  • 00:01:18
    bootstrap software companies, I have
  • 00:01:20
    some VC funded software companies, I
  • 00:01:22
    have physical product brands, I have
  • 00:01:23
    consumable brands. Like, my investment,
  • 00:01:25
    my empire is so far reaching. So, I'm
  • 00:01:26
    not really married or obsessed over any
  • 00:01:28
    one model. They can all work. I'm just
  • 00:01:30
    trying to be honest with you guys and
  • 00:01:31
    show you which one is really the laziest
  • 00:01:33
    one, aka the smartest path. So that way,
  • 00:01:35
    you're not working 60, 70 hours a week
  • 00:01:36
    on this thing that may or may not work.
  • 00:01:38
    So, that's why in today's video, we're
  • 00:01:39
    going to answer a very simple question.
  • 00:01:40
    How can you make the most amount of
  • 00:01:42
    money with the least amount of effort?
  • 00:01:43
    You see, in 2025, there's this whole
  • 00:01:45
    stigma, you know, there's this whole uh
  • 00:01:47
    grind culture where anyone asking this
  • 00:01:49
    question should be shunned for wanting
  • 00:01:50
    to make money with minimal effort. And
  • 00:01:52
    as someone who has taught thousands and
  • 00:01:54
    thousands and thousands of aspiring
  • 00:01:56
    entrepreneurs how to make money online,
  • 00:01:57
    to be honest, at this point it might
  • 00:01:58
    even be millions. I want to tell you
  • 00:02:00
    something very important. Asking what is
  • 00:02:02
    the laziest, which to me really just
  • 00:02:04
    means the smartest, the highest ROI way
  • 00:02:06
    in terms of how much you put in versus
  • 00:02:08
    how much you get out. Like as an
  • 00:02:09
    investor, for example, I'm always
  • 00:02:11
    looking at deals and I'm going, how can
  • 00:02:12
    I make the highest return, have the
  • 00:02:14
    largest delta from what I put in
  • 00:02:15
    compared to what I get out? Why should
  • 00:02:17
    business be any different or side
  • 00:02:19
    hustles or online businesses be any
  • 00:02:20
    different? Like it's a very valid
  • 00:02:22
    question to ask and you should not be
  • 00:02:23
    shamed for wanting to be a bajillionaire
  • 00:02:24
    and you know work your face off for 30
  • 00:02:26
    years and you know sleep on a mattress.
  • 00:02:28
    It's like no your business can work for
  • 00:02:29
    you and you can build a lazy business
  • 00:02:31
    that works for you rather than you being
  • 00:02:32
    a slave to business. So this is a very
  • 00:02:34
    valid question. Don't let anyone the
  • 00:02:35
    whole hustle hustle culture thing like
  • 00:02:37
    try to shame you for asking this
  • 00:02:39
    question. And listen, I'm sure you've
  • 00:02:40
    seen this and I'm sure you're sick of
  • 00:02:41
    it. You know how many videos have you
  • 00:02:42
    seen on YouTube telling you the reason
  • 00:02:44
    that you're not a millionaire is because
  • 00:02:45
    you're just simply not working hard
  • 00:02:46
    enough? Okay, cool. So, using that same
  • 00:02:48
    logic, is that the reason why nurses,
  • 00:02:50
    teachers, and construction workers
  • 00:02:52
    aren't millionaires because they just
  • 00:02:53
    don't work hard enough? Of course not.
  • 00:02:54
    We know that's ridiculous. Those are
  • 00:02:56
    some of the hardest working
  • 00:02:57
    professionals out there. You see, hard
  • 00:02:58
    work is just one component of becoming
  • 00:03:00
    rich. And the richest people on earth,
  • 00:03:02
    they know this. They understand this. As
  • 00:03:04
    Warren Buffett once famously said, it's
  • 00:03:06
    not about how hard you row, it's about
  • 00:03:08
    what boat that you're in. So, in very
  • 00:03:10
    simple terms, the business model you
  • 00:03:11
    choose is more important than the hours
  • 00:03:13
    you dedicate to it. Some business models
  • 00:03:15
    require more work than others to achieve
  • 00:03:17
    the same result. That is quite frankly a
  • 00:03:19
    fact. So today I'm going to help you
  • 00:03:21
    find the laziest business model. I'm
  • 00:03:23
    going to compare five different business
  • 00:03:24
    models. And by the way, this is speaking
  • 00:03:26
    from experience. Not a, hey, well, I
  • 00:03:28
    think this one's harder. I think this
  • 00:03:30
    like, by the way, coming from someone
  • 00:03:31
    who's made a million dollars in profit
  • 00:03:33
    with every single one of these models.
  • 00:03:35
    Literally every single one of them. And
  • 00:03:36
    some of these models I've made up to
  • 00:03:37
    $100 million from. So like, trust me, I
  • 00:03:39
    know what I'm talking about when I speak
  • 00:03:40
    about this. and we're going to compare
  • 00:03:41
    them to find the one that allows you to
  • 00:03:43
    make the most money with the least
  • 00:03:45
    effort. So to compare these business
  • 00:03:47
    models, let's use five categories to
  • 00:03:49
    accurately assess which business model
  • 00:03:51
    is truly the laziest. The first one is
  • 00:03:54
    upfront capital. Now the capital
  • 00:03:55
    category measures the minimum dollar
  • 00:03:57
    amount you need to spend to start the
  • 00:03:59
    business and get it off the ground. Next
  • 00:04:01
    is scalability. Now scalability measures
  • 00:04:03
    your ability to make more money without
  • 00:04:05
    doing additional work. Next we look at
  • 00:04:07
    fulfillment. Now, fulfillment measures
  • 00:04:09
    how challenging it is to deliver
  • 00:04:11
    whatever it is that you're selling.
  • 00:04:12
    Next, we look at risk. Now, different
  • 00:04:14
    business models have various levels of
  • 00:04:16
    risk. Risk is usually linked to time and
  • 00:04:19
    capital. And by the way, I am not a fan
  • 00:04:21
    at all of risk when it comes to starting
  • 00:04:24
    a business. Now, later on in your life,
  • 00:04:25
    you can take big bets. A lot of times
  • 00:04:27
    when I start companies or, you know,
  • 00:04:28
    even my existing businesses, the other
  • 00:04:30
    day, we sent a half million dollar wire
  • 00:04:32
    for our next batch of product for the
  • 00:04:33
    eyewear company. Or for example, when I
  • 00:04:35
    started Big Day, my consumable brand, we
  • 00:04:37
    put almost a million dollars into stock
  • 00:04:39
    just from the get-go. And as time goes
  • 00:04:40
    on, you can put more risks into these
  • 00:04:42
    businesses. These days, I'm taking very,
  • 00:04:43
    very big risks in terms of my capital,
  • 00:04:45
    in terms of how much money I'm investing
  • 00:04:47
    in businesses. That's really what I've
  • 00:04:48
    been doing majority of last year in my
  • 00:04:50
    free time is just buying up a lot of
  • 00:04:51
    companies. And usually each month I
  • 00:04:52
    reveal one of those. I'm sure some of
  • 00:04:54
    you guys saw I took a major stake in a
  • 00:04:56
    company called WAP as a coowner. Whether
  • 00:04:57
    it be that or another one of my
  • 00:04:59
    companies, LRA, that I invested in last
  • 00:05:00
    year. I'm currently a shareholder in
  • 00:05:02
    that company. We just got accepted into
  • 00:05:03
    Y Combinator and in a few months when we
  • 00:05:05
    open up our first official round, I
  • 00:05:07
    would have made about a 15x in that
  • 00:05:09
    company. So all of these are great, but
  • 00:05:10
    they're risks. They're big money risk. A
  • 00:05:12
    lot of times these risks cannot work
  • 00:05:13
    out. So me in my career stage, you know,
  • 00:05:15
    if I write the checks that I do and
  • 00:05:17
    things don't work out, if I invest money
  • 00:05:18
    into this company or that company, it's
  • 00:05:20
    okay because I have the risk tolerance
  • 00:05:22
    and I'm farther into my career. Whereas
  • 00:05:23
    when I first started, I'm really not a
  • 00:05:25
    big fan of risk until you've had many,
  • 00:05:26
    many years under your belt as an
  • 00:05:28
    entrepreneur. Next is difficulty. Now,
  • 00:05:30
    difficulty measures how hard it is to
  • 00:05:32
    understand the business model and how
  • 00:05:34
    much trial and error is involved in
  • 00:05:36
    building a successful business. So, to
  • 00:05:38
    truly find the laziest business model,
  • 00:05:40
    we really need to start by finding the
  • 00:05:42
    business model that meets these
  • 00:05:43
    following criteria. Upfront capital is
  • 00:05:45
    low, scalability is high, fulfillment is
  • 00:05:48
    easy, risk is low, and difficulty is
  • 00:05:51
    easy. If we can get one that has all of
  • 00:05:53
    these, well, then amazing. We are in
  • 00:05:55
    business. Now listen, I know there are
  • 00:05:57
    thousands of entrepreneurs out there
  • 00:05:58
    telling you how easy it is to make money
  • 00:06:00
    with the model that they use. As I
  • 00:06:02
    mentioned to you before, there's one
  • 00:06:04
    very key difference between them and me.
  • 00:06:07
    The reason that these people tell you
  • 00:06:08
    that their business model is the easiest
  • 00:06:10
    is because that is the model that they
  • 00:06:12
    succeeded in. I have succeeded in all of
  • 00:06:14
    these models either previously or
  • 00:06:16
    currently still in this moment. So, that
  • 00:06:18
    is why you truly came to the right place
  • 00:06:20
    with this video because I have a full
  • 00:06:22
    360 view of all of them and I truly
  • 00:06:25
    understand which business models you can
  • 00:06:27
    make the most amount of money with with
  • 00:06:28
    the least effort. So, as I said, today
  • 00:06:30
    I'm going to share behind the scenes of
  • 00:06:32
    some of the most popular online business
  • 00:06:33
    models. As I mentioned, no one is more
  • 00:06:35
    qualified to share this on YouTube
  • 00:06:37
    because I've succeeded with all these,
  • 00:06:38
    whether that be consumable brands,
  • 00:06:40
    software, digital products, agency
  • 00:06:42
    services, once again, physical products,
  • 00:06:43
    and with most of these businesses, I
  • 00:06:44
    have multiple companies within those
  • 00:06:46
    product categories. So, let's start with
  • 00:06:48
    one of the most common online business
  • 00:06:50
    models, drop shipping. I mean, drop
  • 00:06:51
    shipping seems pretty easy, right? You
  • 00:06:53
    just find a product that people like,
  • 00:06:54
    you find a supplier from a country like
  • 00:06:56
    China. You list a product on your
  • 00:06:58
    website, and the sales start rolling in.
  • 00:06:59
    Voila. Surely. And the best part is that
  • 00:07:02
    all of the fulfillment is taken care of
  • 00:07:03
    by your supplier. Well, my friend, I
  • 00:07:05
    wish it was this easy, but
  • 00:07:07
    unfortunately, it's not. So, let's see
  • 00:07:09
    how drop shipping stacks up in our five
  • 00:07:11
    categories. Starting with upfront
  • 00:07:13
    capital. You see, one of the most
  • 00:07:14
    expensive parts when it comes to
  • 00:07:16
    starting a drop shipping business is
  • 00:07:18
    finding a winning product or at least a
  • 00:07:20
    legal one. Anyways, that usually
  • 00:07:22
    requires weeks if not months of running
  • 00:07:24
    paid ads just to see whether you have
  • 00:07:25
    found a product that actually sells.
  • 00:07:27
    Then when it comes to scalability, I
  • 00:07:29
    mean to be honest, it really depends.
  • 00:07:30
    Traditional drop shipping isn't scalable
  • 00:07:32
    at all. Drop shippers continue to test
  • 00:07:34
    products, always closing old stores that
  • 00:07:36
    are dying and building new stores for
  • 00:07:38
    the next fad or the next product that
  • 00:07:40
    they find that's a winner, but then
  • 00:07:42
    fades over time. So, if you're building
  • 00:07:43
    real actual brands like I do with my
  • 00:07:46
    e-commerce products, then yeah, sure, it
  • 00:07:48
    can be very scalable. But then again, I
  • 00:07:49
    say that and there's issues all the
  • 00:07:51
    time. You know, even just yesterday,
  • 00:07:52
    listen, it wasn't a massive order. It
  • 00:07:54
    was only about a,000 units. So, those
  • 00:07:55
    thousand units of one of our SKs at the
  • 00:07:57
    Iowa company, whatever, that's 125 grand
  • 00:07:59
    worth of sales or stock. So, it's a very
  • 00:08:01
    small part of our order. But anyways, in
  • 00:08:03
    the production, there was some
  • 00:08:04
    discoloration for us. That's not
  • 00:08:05
    acceptable. We're never going to sell
  • 00:08:06
    that to our customers. So, there we go.
  • 00:08:07
    Now, I'm set back 2 to 3 months on that
  • 00:08:09
    specific skew. So it is scalable but you
  • 00:08:11
    can you know anytime you're making
  • 00:08:13
    anything tangible there can be a lot of
  • 00:08:14
    issues involved. But anyways back to the
  • 00:08:16
    point if we're doing it like this and
  • 00:08:17
    you know building a real brand and all
  • 00:08:18
    that stuff that doesn't fall under
  • 00:08:20
    traditional drop shipping anymore. These
  • 00:08:22
    businesses are highly complex with
  • 00:08:23
    multiple parties being involved along
  • 00:08:25
    the supply chain. So building a real
  • 00:08:27
    brand compared to drop shipping those
  • 00:08:29
    are two very different things. Now when
  • 00:08:30
    it comes to fulfillment yes you know
  • 00:08:32
    majority of it is done for you for the
  • 00:08:33
    most part but there are aspects of the
  • 00:08:35
    fulfillment process that is out of your
  • 00:08:37
    control. aspects like shipping delays,
  • 00:08:39
    suppliers not having stock and refunds.
  • 00:08:40
    The lack of control when it comes to
  • 00:08:42
    fulfillment can make this a very
  • 00:08:43
    stressful business because you know
  • 00:08:44
    maybe you have the demand but
  • 00:08:45
    unfortunately a lot of times there can
  • 00:08:47
    be fulfillment issues. So moderate I
  • 00:08:49
    don't mean as in like it's a lot of
  • 00:08:50
    difficult to fulfill. It's just that
  • 00:08:51
    there's a lot of things that could go
  • 00:08:53
    wrong in the process. Now let's talk
  • 00:08:54
    about risk. You see the upfront
  • 00:08:55
    investment needed for testing products
  • 00:08:57
    fluctuating market trends and a lack of
  • 00:08:59
    control during fulfillment means that
  • 00:09:00
    drop shipping is a high-risisk business
  • 00:09:02
    model. I mean, even just a few days ago,
  • 00:09:04
    I woke up to the glorious news about
  • 00:09:05
    Trump's new tariffs, and that makes drop
  • 00:09:07
    shipping that much more tricky. And
  • 00:09:09
    listen, for me as an e-commerce brand
  • 00:09:10
    owner, that affects me personally as
  • 00:09:12
    well. Now, I'm going to be fine. I'm
  • 00:09:13
    going to be good. As I said, I have
  • 00:09:14
    actual brands. There's a lot more
  • 00:09:15
    control we have, and there's a lot more
  • 00:09:17
    options and ways to take things. But
  • 00:09:18
    with drop shipping, unfortunately,
  • 00:09:20
    things have gone that much harder. Now,
  • 00:09:21
    going back to risk, I have seen so many
  • 00:09:23
    beginners burn through money when they
  • 00:09:25
    don't have the right training. And I've
  • 00:09:26
    seen established stores die out due to
  • 00:09:29
    market trends. Now, when it comes to
  • 00:09:30
    difficulty, I would say this model is
  • 00:09:32
    incredibly difficult. Okay, being truly
  • 00:09:33
    successful with drop shipping in 2025 is
  • 00:09:35
    very difficult. And by the way, it just
  • 00:09:37
    seems to be getting harder and harder
  • 00:09:38
    and harder. The amount of trial and
  • 00:09:39
    error when testing products coupled with
  • 00:09:41
    the levels of competition in the market
  • 00:09:42
    means the learning curve is steep. It
  • 00:09:44
    can take months, half a year, a year to
  • 00:09:46
    even become profitable. So, let's
  • 00:09:47
    summarize drop shipping. Upfront capital
  • 00:09:49
    2 to 5,000. Scalability is moderate.
  • 00:09:52
    Fulfillment is moderate. Risk is high.
  • 00:09:54
    And difficulty is hard. So, listen.
  • 00:09:56
    Despite popular belief and all the stuff
  • 00:09:58
    that you've been sold, drop shipping
  • 00:09:59
    takes a lot of effort and high risk
  • 00:10:01
    tolerance to be successful. So, let's
  • 00:10:03
    talk about the first model that I used
  • 00:10:05
    to make money online. Social media
  • 00:10:07
    marketing agency. A social media
  • 00:10:08
    marketing agency is a service-based
  • 00:10:10
    business where you offer specific
  • 00:10:12
    marketing services to businesses in
  • 00:10:14
    exchange for a fee. Now, these services
  • 00:10:15
    include services like paid traffic, SEO,
  • 00:10:18
    web development, social media management
  • 00:10:20
    as well as lead generation. I have
  • 00:10:21
    openly said many times that SMMA is one
  • 00:10:23
    of the best business models for
  • 00:10:25
    beginners, but let's see how it performs
  • 00:10:27
    in the five categories. So, let's talk
  • 00:10:28
    about upfront capital because this is
  • 00:10:30
    really where SMMA excels. SMMA is a
  • 00:10:32
    sweat equity model. It doesn't require
  • 00:10:34
    thousands of dollars in software or paid
  • 00:10:36
    ads to keep upfront costs low. All you
  • 00:10:37
    need to get started is a laptop, Wi-Fi,
  • 00:10:39
    and some basic software. It's very cheap
  • 00:10:41
    to start. Now, one thing that SMAs
  • 00:10:42
    aren't particularly good at is
  • 00:10:44
    scalability. Agencies can be scaled, but
  • 00:10:46
    it comes at a cost. Because it's a
  • 00:10:48
    service-based business, every additional
  • 00:10:49
    client adds more work and more
  • 00:10:51
    complexity. And there becomes a point
  • 00:10:52
    where agencies become so complex that
  • 00:10:54
    simply the extra juice just isn't worth
  • 00:10:56
    the squeeze. And that's why for so many
  • 00:10:58
    years I kept telling people agency is a
  • 00:11:00
    great business model to get to 10K a
  • 00:11:02
    month. If you go look at my YouTube
  • 00:11:03
    channel, I wasn't telling people you're
  • 00:11:04
    going to make 100K a month, you know,
  • 00:11:05
    any huge numbers. I just said, listen,
  • 00:11:07
    if you want to have a great lifestyle
  • 00:11:08
    business to make 5K, 10K, you know, 15,
  • 00:11:10
    you know, even upwards of 20K a month,
  • 00:11:12
    great business model. Scaling past
  • 00:11:13
    there, you know, becomes a little
  • 00:11:14
    tricky. Now, let's talk about
  • 00:11:15
    fulfillment. You see, fulfilling the
  • 00:11:17
    services you provide when running an
  • 00:11:18
    agency can be pretty simple due to
  • 00:11:20
    contractor arbitrage. But that is only
  • 00:11:22
    one side of it. And by the way,
  • 00:11:22
    contractor arbitrage just means you find
  • 00:11:24
    someone to deliver the service in a
  • 00:11:25
    country where the US dollar, you know,
  • 00:11:27
    the buying power is substantially
  • 00:11:28
    better. You pay them $500 per month per
  • 00:11:30
    client, you charge the client $1,500 or
  • 00:11:32
    $2,000. And by the way, like it's so
  • 00:11:33
    funny in the past when people have
  • 00:11:35
    argued with me about this. It's like
  • 00:11:36
    pretty much the entire global economy
  • 00:11:38
    works on an arbitrage model. That's why
  • 00:11:39
    like drop shipping, for example, is an
  • 00:11:41
    arbitrage model. So this model is like
  • 00:11:43
    omniresent. It's like everywhere in the
  • 00:11:45
    world. It's just with SMA you apply it
  • 00:11:46
    to services. Now some downsides. You
  • 00:11:48
    have to manage a full team and deal with
  • 00:11:50
    clients on a daily basis which doesn't
  • 00:11:51
    align with our goal of finding the
  • 00:11:53
    laziest business model. Like I would say
  • 00:11:55
    agency is a great business model but
  • 00:11:56
    like you learn so much as an actual
  • 00:11:58
    business owner because you're like you
  • 00:11:59
    have to be truly truly a business owner.
  • 00:12:01
    Like you have to be switched on. You
  • 00:12:02
    have to be on the ball. Risk. Once again
  • 00:12:04
    SMA is one of the lowest risk business
  • 00:12:05
    models out there. It's amazing because
  • 00:12:07
    it doesn't require huge capital
  • 00:12:09
    injections to get started and you have a
  • 00:12:11
    lot of control over the fulfillment
  • 00:12:12
    process. This is one of the main reasons
  • 00:12:15
    why I have always said that SMMA is one
  • 00:12:17
    of the most beginner-friendly business
  • 00:12:18
    models out there. When it comes to
  • 00:12:20
    difficulty, I give it a moderate. SMA
  • 00:12:22
    has become a lot harder over time.
  • 00:12:24
    There's no denying it. Obviously, as
  • 00:12:25
    markets start to become more mature, a
  • 00:12:26
    lot more people come into market. It
  • 00:12:28
    does get trickier as time goes on.
  • 00:12:30
    There's definitely more competition in
  • 00:12:31
    the market than when I first started,
  • 00:12:32
    and it is a business model that requires
  • 00:12:34
    you to master various different skills
  • 00:12:36
    such as prospecting, outreach, sales,
  • 00:12:38
    and management. You actually have to be
  • 00:12:39
    a real business owner and be skilled in
  • 00:12:41
    multiple different domains. So to
  • 00:12:42
    summarize, upfront capital $50 to $200.
  • 00:12:45
    Scalability, low fulfillment, moderate
  • 00:12:48
    risk, low difficulty, moderate. So to
  • 00:12:50
    summarize, SMA is a business model you
  • 00:12:52
    can start with almost no risk. But a big
  • 00:12:54
    drawback, especially when you're looking
  • 00:12:55
    for a loweffort business, is that
  • 00:12:57
    scaling often leads to complexity and
  • 00:12:59
    increased workload. So let's talk about
  • 00:13:01
    a big one. You see, a lot of new
  • 00:13:02
    business owners want to start by
  • 00:13:04
    creating the next big app. So let's
  • 00:13:06
    break that down. Software. You see, some
  • 00:13:08
    of the most famous entrepreneurs have
  • 00:13:10
    made millions, even billions of dollars
  • 00:13:12
    in software. And this leads aspiring
  • 00:13:14
    entrepreneurs to believe that software
  • 00:13:15
    is the best business model to get rich.
  • 00:13:17
    And listen, I can tell you from
  • 00:13:19
    experience that software is one of the
  • 00:13:21
    most difficult business models to
  • 00:13:23
    succeed in. I've built my own software
  • 00:13:24
    company, Floy, from scratch, and I've
  • 00:13:26
    also invested in various others. Using
  • 00:13:28
    my experience, let me use the five
  • 00:13:30
    categories and show you why software is
  • 00:13:32
    not for those who want to build a
  • 00:13:34
    business with minimal effort. So, let's
  • 00:13:36
    talk about upfront capital. You can look
  • 00:13:37
    at minimum $250,000 to build a solid
  • 00:13:40
    solid software company. If you're trying
  • 00:13:41
    to build a software company that will
  • 00:13:43
    make you rich, you either need a lot of
  • 00:13:44
    your own capital to invest or you need
  • 00:13:46
    hundreds of thousands if not millions in
  • 00:13:48
    funding. By the way, even if you already
  • 00:13:49
    know how to code, you're going to need a
  • 00:13:51
    team and software developers are not
  • 00:13:53
    cheap. On top of this, you will need an
  • 00:13:55
    extensive marketing budget to get the
  • 00:13:56
    business off the ground. Now, I will say
  • 00:13:58
    scalability is very high. And the reason
  • 00:14:00
    that software has created so many
  • 00:14:01
    billionaires is because it is highly
  • 00:14:03
    scalable. Once you have your product, it
  • 00:14:04
    is just about getting more and more
  • 00:14:06
    users. That being said, there are
  • 00:14:07
    complexities that arise as you scale.
  • 00:14:09
    Your team is going to have to grow in
  • 00:14:11
    departments such as developers, customer
  • 00:14:13
    support as well as client success.
  • 00:14:15
    Fulfillment is very difficult. You know,
  • 00:14:17
    building a software will take months if
  • 00:14:19
    not years of hard work. And even after
  • 00:14:20
    the product is built, software demands
  • 00:14:22
    ongoing development of new features as
  • 00:14:24
    well as ongoing bug fixes. Now, when it
  • 00:14:26
    comes to risk, this is a real drawback
  • 00:14:28
    to software. Very high risk. You know,
  • 00:14:30
    software is one of the riskiest business
  • 00:14:32
    models out there. If you're using your
  • 00:14:33
    own capital, all of that money can be
  • 00:14:35
    lost if the business doesn't work. And
  • 00:14:36
    in many cases, software entrepreneurs
  • 00:14:38
    are using money from investors, which
  • 00:14:40
    adds an extra layer of risk on top. For
  • 00:14:42
    difficulty, it is extremely hard. The
  • 00:14:44
    software industry is one of the most
  • 00:14:46
    competitive markets on Earth. It also
  • 00:14:47
    requires a huge amount of technical
  • 00:14:49
    skills such as coding and design. It's
  • 00:14:51
    going to require outside funding, and
  • 00:14:53
    securing that funding makes the business
  • 00:14:54
    model even more difficult than what it
  • 00:14:56
    already is. So, pretty much to
  • 00:14:58
    summarize, upfront capital, you're
  • 00:15:00
    looking at a lot of money. Scalability,
  • 00:15:01
    yes, it's very high. Fulfillment, hard,
  • 00:15:04
    risk, high, difficulty, very hard. So,
  • 00:15:06
    software is just simply not a
  • 00:15:08
    beginner-friendly business model, and it
  • 00:15:09
    takes years of effort to be successful.
  • 00:15:11
    My honest advice would just be to avoid
  • 00:15:13
    software when starting your
  • 00:15:14
    entrepreneurial journey. Next, I'm going
  • 00:15:16
    to show you a business model that I have
  • 00:15:17
    made millions and millions of dollars
  • 00:15:18
    with, but has always just been sort of a
  • 00:15:21
    background side income, and that is
  • 00:15:23
    affiliate marketing. Listen, to be
  • 00:15:24
    honest, I wouldn't really call affiliate
  • 00:15:25
    marketing a real business, but there are
  • 00:15:28
    people making a lot of money using this
  • 00:15:29
    method. Affiliate marketers promote
  • 00:15:31
    other brands products in a variety of
  • 00:15:33
    ways. These include websites, blogs,
  • 00:15:34
    social media content, and product
  • 00:15:36
    reviews, just to name a few. You see,
  • 00:15:37
    when someone buys a product through the
  • 00:15:39
    affiliate marketer's link, they get a
  • 00:15:41
    pre-agreed cut of the selling price from
  • 00:15:43
    the brand. So, for example, when you're
  • 00:15:45
    watching a YouTube video and the creator
  • 00:15:46
    ends the video with buy/signup using the
  • 00:15:49
    link in the description, when they see
  • 00:15:50
    stuff like that, that is an affiliate
  • 00:15:52
    link and they get a kickback from every
  • 00:15:54
    sale. Now, let me make something very
  • 00:15:55
    clear. I have never used my social media
  • 00:15:58
    platforms for affiliate marketing, but
  • 00:15:59
    some of my previous agency programs had
  • 00:16:01
    affiliate links for different softwares
  • 00:16:03
    that my clients needed. Okay? So, these
  • 00:16:05
    people needed these softwares
  • 00:16:06
    regardless. So, if I'm going to promote
  • 00:16:07
    these softwares, I might as well drop in
  • 00:16:09
    my affiliate link. And this was a win on
  • 00:16:11
    both sides because I was able to make
  • 00:16:12
    passive income from affiliates, but I
  • 00:16:14
    was also able to get favorable terms for
  • 00:16:17
    my clients and users for software that
  • 00:16:19
    they needed regardless. Now, being fully
  • 00:16:20
    transparent, I don't really use
  • 00:16:22
    affiliate marketing anymore because I
  • 00:16:23
    now have the resources to build custom
  • 00:16:25
    softwares for my users. So, rather than
  • 00:16:27
    recommending softwares, I either just
  • 00:16:29
    create my own or I just invest and buy
  • 00:16:31
    into existing software businesses. So,
  • 00:16:33
    that way I can control them and I can
  • 00:16:35
    tweak them as I like. That being said,
  • 00:16:37
    is it a method that you can use to make
  • 00:16:38
    money with minimal effort is a real
  • 00:16:40
    question. Well, let's take a look.
  • 00:16:41
    Upfront capital, probably $100 to $200.
  • 00:16:43
    I mean, affiliate marketing requires
  • 00:16:44
    minimal upfront investment to get
  • 00:16:46
    started. A majority of your capital will
  • 00:16:48
    be spent on content tools like editing
  • 00:16:49
    software and maybe some AI tools to make
  • 00:16:51
    the process easier. Scalability here is
  • 00:16:54
    moderate. Affiliate marketers can
  • 00:16:55
    promote as many products as they like.
  • 00:16:57
    There's an endless amount of affiliate
  • 00:16:58
    programs out there. So, the scalability
  • 00:17:00
    constraints really comes into play when
  • 00:17:01
    it comes to actual content. It is
  • 00:17:03
    impossible to promote hundreds of
  • 00:17:04
    products in one piece of content, which
  • 00:17:06
    means the more content you make, the
  • 00:17:08
    more products you can promote and the
  • 00:17:09
    more money you are able to make off the
  • 00:17:11
    back of it. Now, when it comes to
  • 00:17:12
    fulfillment, it's relatively easy
  • 00:17:13
    because the physical product fulfillment
  • 00:17:15
    has nothing to do with you. So in this
  • 00:17:16
    regard, the fulfillment is actually
  • 00:17:18
    quite simple. That being said, if you
  • 00:17:20
    want lots of people to use your links,
  • 00:17:22
    the content has to be quality and you
  • 00:17:23
    need to attract a big audience. You
  • 00:17:25
    know, affiliate marketing to me, the
  • 00:17:26
    reason I don't consider it like a proper
  • 00:17:28
    business is like you build a personal
  • 00:17:29
    brand and then you can make money from
  • 00:17:30
    affiliate marketing. So the fulfillment,
  • 00:17:32
    yeah, you're not fulfilling on like what
  • 00:17:33
    is being bought, but you're fulfilling
  • 00:17:35
    in terms of like you have to create the
  • 00:17:36
    content to draw the audience in and then
  • 00:17:38
    from there they use your affiliate link.
  • 00:17:39
    So as I said, you need to attract a big
  • 00:17:40
    audience for this specific model to
  • 00:17:42
    actually work. Growing a larger audience
  • 00:17:44
    isn't impossible, but of course it takes
  • 00:17:46
    time and effort. I love it. I recommend
  • 00:17:47
    everyone build a microniche personal
  • 00:17:48
    brand. It's one of the best things that
  • 00:17:49
    you can do for your career in life, but
  • 00:17:52
    of course it's not something that you
  • 00:17:53
    know, snap your fingers and it just
  • 00:17:54
    happens overnight. When it comes to
  • 00:17:55
    risk, obviously this is extremely low.
  • 00:17:57
    You know, there's practically no upfront
  • 00:17:59
    investment and growing an audience on
  • 00:18:00
    social media will add value to your life
  • 00:18:02
    whether you're successful with affiliate
  • 00:18:03
    marketing or not. This means the risk is
  • 00:18:05
    pretty much insignificant. Now, when it
  • 00:18:06
    comes to difficulty, I'd say it's
  • 00:18:08
    moderate here. you know, actually
  • 00:18:09
    finding affiliate links and the lack of
  • 00:18:11
    product fulfillment makes affiliate
  • 00:18:12
    marketing an easy method to make money
  • 00:18:14
    with. But the aspect that increases the
  • 00:18:16
    difficulty from easy to moderate is the
  • 00:18:18
    fact that you need to grow an audience
  • 00:18:19
    and this can take months of mastering
  • 00:18:21
    content creation. So that's what takes
  • 00:18:22
    it from super easy business model to
  • 00:18:25
    moderately difficult. So just to
  • 00:18:26
    summarize here, upfront capital, you're
  • 00:18:28
    looking at $100 to $200. Scalability,
  • 00:18:30
    moderate fulfillment, moderate risk is
  • 00:18:32
    low, difficulty is moderate. Affiliate
  • 00:18:35
    marketing is a cheap, low-risk method to
  • 00:18:37
    make money online. The biggest barrier
  • 00:18:38
    for most beginners is really the time
  • 00:18:40
    that it takes to grow an audience large
  • 00:18:41
    enough to make a sustainable income with
  • 00:18:44
    affiliate marketing. Now, at this point,
  • 00:18:45
    I've broken down four of the most common
  • 00:18:47
    ways to make money online. Drop
  • 00:18:49
    shipping, SMA, software, affiliate
  • 00:18:51
    marketing. Now, as I've shown you, some
  • 00:18:52
    are easier than others, you know, lazier
  • 00:18:54
    than others, but it's unlikely that
  • 00:18:56
    you're going to be able to make a
  • 00:18:57
    substantial amount of money with minimal
  • 00:18:59
    effort with really any of these methods.
  • 00:19:01
    So, just remember, I have successfully
  • 00:19:02
    made money with literally all of these
  • 00:19:04
    models. And now I'm going to reveal what
  • 00:19:06
    I believe is truly the laziest business
  • 00:19:08
    model out there for you to get started
  • 00:19:10
    with. My friend, let me introduce you to
  • 00:19:12
    digital products 2.0. You see, a digital
  • 00:19:15
    product is a way of packaging
  • 00:19:17
    information in a way that solves a
  • 00:19:19
    particular problem for the buyer. Most
  • 00:19:21
    commonly known as courses or programs.
  • 00:19:23
    Now, as many of you guys know, I've done
  • 00:19:24
    this pretty much more successfully than
  • 00:19:26
    almost anyone else out there, coming
  • 00:19:28
    right up to almost $und00 million in
  • 00:19:30
    earnings in the last 5 years with this
  • 00:19:31
    model. Now, I created my first official
  • 00:19:33
    digital product in 2018. And since then,
  • 00:19:35
    I've made millions from selling digital
  • 00:19:37
    products. But I want to be very honest
  • 00:19:38
    with you. You see, when I first started
  • 00:19:40
    with digital products, it wasn't easy to
  • 00:19:42
    just create the most basic of digital
  • 00:19:44
    products, it took me months. And as the
  • 00:19:46
    quality went up, so did the cost. By the
  • 00:19:48
    way, I'm not talking about just a few
  • 00:19:49
    thousand. Products like Agency Navigator
  • 00:19:51
    and Agency Accelerator had external
  • 00:19:53
    coaches and completely custom platforms.
  • 00:19:56
    Not to mention the size of the team I
  • 00:19:57
    hired to help me build out the programs
  • 00:19:59
    as well as do the service delivery.
  • 00:20:00
    These products, I'm not joking, cost me
  • 00:20:02
    millions of dollars to produce. Now, you
  • 00:20:04
    very fairly might be thinking, well, if
  • 00:20:06
    digital products are so complex and
  • 00:20:07
    expensive to create, why am I even
  • 00:20:09
    mentioning digital products in a video
  • 00:20:11
    that's all about making money with
  • 00:20:12
    minimal effort? Well, I will tell you
  • 00:20:15
    why. It is 2025 and times have changed.
  • 00:20:18
    You see, I got started with digital
  • 00:20:20
    products in 2018. That was digital
  • 00:20:22
    product 1.0 era. Right now, it's 2025
  • 00:20:24
    and we're living in digital product 2.0
  • 00:20:26
    era. You see in the past digital
  • 00:20:28
    products had one of the highest barrier
  • 00:20:29
    of entrance because you needed
  • 00:20:32
    extraordinary expertise months of
  • 00:20:34
    research highle copyrightiting skills as
  • 00:20:36
    well as expensive custom platforms. Now
  • 00:20:39
    there have been two technological
  • 00:20:40
    advancements that have eliminated the
  • 00:20:42
    need for everything I just mentioned and
  • 00:20:44
    those are artificial intelligence as
  • 00:20:46
    well as product hosting platforms. You
  • 00:20:48
    see every product that I've built over
  • 00:20:50
    the last 7 years took me months to build
  • 00:20:52
    out. The team and I needed to research
  • 00:20:54
    the topics, synthesize the information,
  • 00:20:56
    script videos using the synthesized
  • 00:20:58
    information, and only then could I sit
  • 00:21:00
    down and actually record the program.
  • 00:21:01
    Whereas with AI, this takes a fraction
  • 00:21:04
    of the time. AI is able to research a
  • 00:21:06
    topic, synthesize the knowledge, and
  • 00:21:08
    script the content that needs to be
  • 00:21:09
    recorded in minutes. Let that sink in.
  • 00:21:12
    Truly, let that sink in. What took my
  • 00:21:14
    team months takes minutes with AI. Now,
  • 00:21:18
    by the way, I know you're hearing this
  • 00:21:19
    and thinking, "No, this is too hard to
  • 00:21:20
    believe. I can't imagine something like
  • 00:21:22
    this." Well, the crazy thing is that my
  • 00:21:24
    team of developers and I have already
  • 00:21:25
    built a tool that does exactly this. And
  • 00:21:27
    we've only let in a small group of
  • 00:21:28
    people earlier this year to actually use
  • 00:21:30
    it because it's so ridiculously
  • 00:21:32
    powerful. But I can tell you for a fact
  • 00:21:34
    it works and it has pretty much
  • 00:21:35
    eliminated 95% of the workload in these
  • 00:21:38
    people's businesses. It basically helps
  • 00:21:39
    you do 100 business plans at once and
  • 00:21:42
    from there helps you find profitable
  • 00:21:43
    product topics. So, it'll actually help
  • 00:21:45
    you find the best markets to get into.
  • 00:21:46
    And then from there, it synthesizes
  • 00:21:48
    knowledge from experts. And then from
  • 00:21:49
    there, it creates program outlines and
  • 00:21:52
    scripts the lessons. Literally, the only
  • 00:21:54
    task you have is to record yourself
  • 00:21:56
    reading the script. That's it. You don't
  • 00:21:57
    even need to show your face because the
  • 00:21:59
    recording is done on Loom. All you're
  • 00:22:01
    going to do is speak over the documents
  • 00:22:03
    that are on the screen. That's it. And
  • 00:22:05
    by the way, Synthesize AI doesn't just
  • 00:22:07
    find your topic. It creates the program
  • 00:22:09
    outline for you, as well as the entire
  • 00:22:11
    script for you. It even creates
  • 00:22:12
    supporting PDF resources and tools for
  • 00:22:14
    your program to make sure the product is
  • 00:22:16
    as valuable as possible for your
  • 00:22:17
    clients. So, as you can see, AI has
  • 00:22:20
    truly changed the game with regards to
  • 00:22:22
    building the product. But what about
  • 00:22:23
    hosting and selling it? You see, in
  • 00:22:25
    2025, there are platforms that will not
  • 00:22:27
    only host digital products, but will
  • 00:22:29
    also boost sales through their built-in
  • 00:22:31
    marketplaces. This leads to the barrier
  • 00:22:33
    to entry being lower than ever before.
  • 00:22:35
    So, let's take a look at an example of
  • 00:22:37
    another industry that saw the drastic
  • 00:22:39
    lowering of barriers to entry just a few
  • 00:22:40
    years ago. Let's go back to the example
  • 00:22:42
    of e-commerce. You see, there was a time
  • 00:22:44
    where if you wanted to sell physical
  • 00:22:46
    products online, it was practically
  • 00:22:48
    impossible for beginners. You either
  • 00:22:49
    needed capital to invest or you needed
  • 00:22:51
    to be able to code to create a custom
  • 00:22:54
    website to sell your products. Then,
  • 00:22:56
    fast forward a few years and Shopify
  • 00:22:58
    becomes available, a platform that
  • 00:23:00
    allowed literally anyone to sell
  • 00:23:01
    physical products online. In addition to
  • 00:23:03
    that, Amazon also takes off. This
  • 00:23:05
    allowed anyone to sell products on the
  • 00:23:07
    biggest physical product marketplace on
  • 00:23:09
    earth. So what happened to these
  • 00:23:12
    platforms when it became accessible for
  • 00:23:14
    everyone? Beginners started making
  • 00:23:16
    millions of dollars using methods such
  • 00:23:18
    as drop shipping and Amazon FBA. These
  • 00:23:20
    platforms eliminated all the barriers to
  • 00:23:22
    entry. This is about 10 12 years ago.
  • 00:23:24
    Now recently, as some of you guys may
  • 00:23:26
    have seen, I announced that I made a
  • 00:23:27
    major investment and became a co-owner
  • 00:23:29
    of WAP is a platform to host and
  • 00:23:32
    sell digital products. Think about it
  • 00:23:34
    kind of like Shopify and Amazon in one
  • 00:23:36
    platform for digital products. You see,
  • 00:23:38
    the combination of artificial
  • 00:23:40
    intelligence like Synthesis AI and
  • 00:23:42
    digital product platforms like don't
  • 00:23:44
    only provide one of the biggest online
  • 00:23:46
    money-making opportunities of the
  • 00:23:48
    decade. It also presents one of the
  • 00:23:50
    easiest, laziest ways of making money
  • 00:23:52
    online in 2025. But let's make it fair.
  • 00:23:55
    Let's see how digital products perform
  • 00:23:57
    in each of the five categories that we
  • 00:23:59
    discussed earlier. Digital products 2.0
  • 00:24:01
    upfront capital maybe $100 to $200.
  • 00:24:03
    Digital products 2.0 requires minimal
  • 00:24:05
    upfront investment. WAP is free to use
  • 00:24:07
    which has eliminated the need for
  • 00:24:09
    expensive custom platforms. And by
  • 00:24:10
    investing into tools like Canva to
  • 00:24:12
    create branding, Loom to record the
  • 00:24:14
    program and AI to create the product,
  • 00:24:15
    you're able to create a top tier product
  • 00:24:17
    with minimal upfront investment. For
  • 00:24:19
    scalability, it's super high. I mean,
  • 00:24:21
    digital products are extremely scalable.
  • 00:24:23
    You only create the product once and
  • 00:24:25
    then you can sell it thousands of times
  • 00:24:27
    without doing any extra work. Now when
  • 00:24:28
    it comes to fulfillment, super easy. As
  • 00:24:30
    we discussed earlier, building a digital
  • 00:24:32
    product business was one of the most
  • 00:24:34
    difficult as well as timeconuming tasks
  • 00:24:36
    a beginner business owner could
  • 00:24:38
    undertake. But once again, the
  • 00:24:39
    combination of platforms such as and
  • 00:24:41
    AI tools like Synthesize has made the
  • 00:24:43
    fulfillment process so simple. When it
  • 00:24:46
    comes to risk, it's extremely low. The
  • 00:24:48
    risk is insignificant for a couple of
  • 00:24:50
    reasons. WAP is free, so you can
  • 00:24:51
    literally launch as many digital
  • 00:24:52
    products as you want until you find one
  • 00:24:54
    that sells without worrying about the
  • 00:24:55
    cost. You also don't spend months
  • 00:24:57
    building a product anymore, which means
  • 00:24:59
    you can build quickly and test without
  • 00:25:00
    running the risk of wasting months of
  • 00:25:02
    your time building a product that makes
  • 00:25:04
    no money. Difficulty, once again, super
  • 00:25:06
    low. I've discussed at length how easy
  • 00:25:08
    the process of building digital products
  • 00:25:09
    has become, but there's another reason
  • 00:25:11
    why the difficulty level is actually
  • 00:25:12
    extremely low. Most people don't realize
  • 00:25:14
    this, but the industry is in its
  • 00:25:16
    infancy, which means competition is
  • 00:25:18
    still extremely low. Those who get in
  • 00:25:20
    right now have the highest chance of
  • 00:25:22
    succeeding long-term. Getting into
  • 00:25:23
    digital products 2.0 right now is like
  • 00:25:25
    getting into drop shipping or e-commerce
  • 00:25:27
    10 or 12 years ago. Like 10 or 12 years
  • 00:25:29
    ago, this would be a very different
  • 00:25:30
    presentation. Digital products would be
  • 00:25:31
    super difficult. I couldn't even
  • 00:25:33
    recommend it to you guys. And e-commerce
  • 00:25:34
    would be like the number one home run
  • 00:25:36
    that I would tell you guys do this. But
  • 00:25:38
    times have changed. And one of the worst
  • 00:25:40
    things you can do in your career is try
  • 00:25:41
    to work on stuff they used to work.
  • 00:25:43
    Business models that had their glory
  • 00:25:45
    days. Those glory days are gone. You got
  • 00:25:46
    to focus on what's working on right now
  • 00:25:48
    and what's going to work for the next 5
  • 00:25:50
    or 10 years. So to summarize with
  • 00:25:51
    Digital Products 2.0, upfront capital is
  • 00:25:53
    $100 to $200. Scalability is high.
  • 00:25:55
    Fulfillment is easy, risk is low,
  • 00:25:57
    difficulty is easy. And with that,
  • 00:25:59
    Digital Products 2.0 is the laziest
  • 00:26:01
    business model out there. You can make
  • 00:26:03
    tens of thousands of dollars a month
  • 00:26:04
    with minimal effort in a market that has
  • 00:26:07
    minimal competition and is growing
  • 00:26:08
    rapidly. Just so you guys understand,
  • 00:26:10
    let me paint a picture. This is how it
  • 00:26:12
    stacks up to the other business models.
  • 00:26:13
    You can see drop shipping is not looking
  • 00:26:15
    very pretty. SMA still looks pretty
  • 00:26:17
    appealing. I'd say it's got good
  • 00:26:18
    statistics across the board. Software, I
  • 00:26:20
    mean, just forget about affiliate
  • 00:26:21
    marketing. Once again, pretty good
  • 00:26:22
    statistics across the board. The issue
  • 00:26:24
    with affiliate marketing is you're going
  • 00:26:25
    to have to build a personal brand, which
  • 00:26:26
    most people don't want to do. I
  • 00:26:27
    recommend it for most people. I think
  • 00:26:28
    it's a great business. There's very few
  • 00:26:29
    people that have affiliate marketing as
  • 00:26:31
    their main income. It's more of kind of
  • 00:26:32
    like a side thing. So, no disrespect to
  • 00:26:34
    affiliate marketing, but it's just I
  • 00:26:35
    really wouldn't call it business model.
  • 00:26:37
    Whereas digital products 2.0, I mean,
  • 00:26:38
    look at this. Like, you can't you can't
  • 00:26:40
    argue this. This is undoubtedly the
  • 00:26:42
    biggest opportunity in the online space
  • 00:26:44
    right now. I mean, do you think I would
  • 00:26:46
    have invested in a platform like if
  • 00:26:47
    I didn't believe in the future of this
  • 00:26:49
    industry? Listen, I'm extremely logical.
  • 00:26:51
    I spent two years evaluating every
  • 00:26:53
    single company in the space, looking at
  • 00:26:54
    the intimate financials of every single
  • 00:26:56
    company in the space, looking at the
  • 00:26:57
    trajectory of the space because when I'm
  • 00:26:59
    going to make such a massive investment
  • 00:27:01
    and take a huge stake as a co-owner in
  • 00:27:03
    such a big company, which quite frankly
  • 00:27:05
    is a huge financial risk, but I sleep
  • 00:27:07
    easy at night knowing it's not a risk
  • 00:27:09
    because I see the trajectory of where
  • 00:27:10
    digital products are going. And truly,
  • 00:27:12
    it's like getting involved in
  • 00:27:13
    e-commerce, in Shopify, in drop shipping
  • 00:27:16
    10, 12 years ago. you're coming at just
  • 00:27:18
    the right time before things explode.
  • 00:27:20
    And if you get in right now, you're
  • 00:27:22
    going to be compensated very generously
  • 00:27:24
    for it. The digital product market is
  • 00:27:26
    projected to more than double in size
  • 00:27:27
    over the next 5 years. By 2030, we're
  • 00:27:29
    looking at almost a trillion a year
  • 00:27:32
    industry. It's insane. So, quite simply,
  • 00:27:34
    you have a decision to make. Are you
  • 00:27:35
    going to get in early and get your slice
  • 00:27:37
    of the cake, or are you going to wait
  • 00:27:39
    and fight for the crumbs once the market
  • 00:27:41
    is ultra competitive? That, my friend,
  • 00:27:43
    is the decision that only you can make.
  • 00:27:45
    As always, I'm watching from afar and
  • 00:27:47
    I'm rooting for you.
Tags
  • get-rich-quick
  • business models
  • digital products
  • AI
  • entrepreneurship
  • drop shipping
  • affiliate marketing
  • social media marketing
  • software development
  • financial success