Monday, June 26, 2023

Off the Theme - YouTube Videos (How to Make Passive Income)

For quite some time, I have been trying to break into working from home and successfully did so slightly before the pandemic started. What I have noticed is the increasing trend of people working from home. There are now thousands upon thousands of videos available on how to start your own business or make a passive income with minimal effort while maximizing earnings. While there is some truth to these claims, not everyone shares the inner workings or specific details on how to be successful in these money-making techniques. When you observe and listen to these content creators, they are actually making money from the viewers through likes, thumbs up, and subscriptions. However, the reality is that many of us struggle with disappointment, frustration, impatience, lack of discipline, and feeling lost. This may be due to a lack of technical skills or being at an age where discouragement sets in more easily.

I myself have experienced these challenges, being 49 years old and soon to be 50. It's not easy for me to stay motivated or optimistic when it comes to initiating passive income methods or finding profitable niches. I have been teaching English to speakers of other languages for the past 18 years, and now I am doing it independently by contracting my services through a platform called Preply. It is challenging, but also rewarding because of the people I meet and the impact I have on expanding their abilities to communicate in English.

If you are seeking to find your niche and earn maximum income with minimal effort, it is crucial to have discipline, creativity, and a stable financial situation that doesn't demand immediate payback for your time investment. If your financial situation requires immediate returns, it would be better to have a job that provides regular pay. I don't want to imply that content creators on YouTube are intentionally withholding information or sharing partial truths. They may indeed be telling the absolute truth, but there are often gaps or minor details they are unable or unwilling to explain in their videos.

To find success in earning passive income, a person needs to experiment and find what works for them. However, this process takes a significant amount of time. In conclusion, I want to offer encouragement rather than discouragement on this topic. If you are a content creator, I congratulate you. My intention is not to defame or say anything negative towards anyone. For those aspiring to start from scratch, ensure you have a steady source of income in your recreational or off-time. Feel free to experiment during that available time, but be prepared to invest plenty of time and effort to find what truly works. Acquiring success in different niches or passive income opportunities takes time and does not happen overnight unless something goes viral, which is rare. Don't be discouraged, but understand that patience and persistence are required before achieving the necessary financial success to resign from your full-time job and live off the fruits of your labor from your niche or passive income project.

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