9 Passive Income Ideas – How I Make $27k per Week

9 Passive Income Ideas – How I Make $27k per Week

๐Ÿš€ Join my live online course, the Part-Time YouTuber Academy, running 7th June to 14th July 2021. If you want to learn how to kickstart & grow your channel without quitting your job, check out https://academy.aliabdaal.com ๐Ÿ˜ƒ
The first 1000 people to use this link will get 30% off an annual Skillshare Premium Membership: https://skl.sh/aliabdaal04211 – and you can check out my brand new Productivity for Creators class too!

In this video I’ll be going over 9 passive income ideas with real world examples, some of which have enabled me to earn around $27,000 a week.

00:00 Intro
02:20 Investing in stocks and shares
07:07 Starting a YouTube channel
10:36 Starting a podcast
13:35 Becoming an affiliate marketer
16:50 Selling a digital product
18:53 Selling a course
23:36 Building a membership community
26:12 Automating a business
28:00 Building an app or website

Links
1. Freetrade Stocks and Shares (UK) – https://magic.freetrade.io/join/ali-abdaal
2. Weebull Stocks (USA) – https://go.aliabdaal.com/webull
3. Sheen’s podcast – https://www.youtube.com/channel/UCuNc0j9dER2_AOORpCcFS-g/videos
4. Not Overthinking YouTube Channel – https://www.youtube.com/channel/UCdXpN-Z7LyTgc3OLo_Zw2Pg
5. Pat Flynn’s affiliate marketing course – https://go.aliabdaal.com/course/pat-flynn-affiliate
6. Traf – https://twitter.com/traf?s=20
7. Oliur – @Oliur / UltraLinx and @Oliur Online
8. Ness Labs – @Anne-Laure – https://nesslabs.com
9. Hannah Witton – @Hannah Witton

MY FREE ONLINE COURSES:
๐Ÿš€ Productivity Masterclass – Principles and Tools to Boost Your Productivity – https://go.aliabdaal.com/course/productivity
๐ŸŽฌ Video Editing with Final Cut Pro X – From Beginner to YouTuber – https://go.aliabdaal.com/course/video-editing
๐ŸŽ“ How to Study for Exams – An Evidence-Based Masterclass – https://go.aliabdaal.com/course/studying

PART-TIME YOUTUBER ACADEMY:
๐Ÿฟ My 6-week live online course – https://academy.aliabdaal.com

MY FAVOURITE GEAR:
๐ŸŽฅ My YouTube Camera Gear – https://kit.co/AliAbdaal
โŒจ๏ธ My Keyboard – Wireless Coral mechanical keyboard (Cherry Blue) – https://go.aliabdaal.com/keyboard
๐Ÿ“ My favourite iPad Screen Protector – Paperlike – https://go.aliabdaal.com/paperlike
๐ŸŽ’ My Desk Accessories + Todo List – Ugmonk – https://go.aliabdaal.com/ugmonk

MY FAVOURITE SOFTWARE:
โœ๏ธ The best summaries of books (Shortform) – https://go.aliabdaal.com/shortform
๐Ÿ“š How I remember what I read (Readwise) – https://go.aliabdaal.com/readwise
๐ŸŽต Where I get my Music (amazing for YouTubers) – https://go.aliabdaal.com/epidemicsound

๐ŸŽ™ My weekly podcast – https://www.youtube.com/c/notoverthinking
My brother and I host a weekly podcast where we discuss happiness, creativity and the human condition. You can find it by searching โ€œNot Overthinkingโ€ on any podcast app (eg: Spotify, Apple Podcasts, Google Podcasts etc).

BE MY FRIEND:
๐Ÿ’Œ Sign up to my weekly email newsletter – https://email.aliabdaal.com
๐ŸŒ My website / blog – https://www.aliabdaal.com

๐Ÿ“ธ Instagram – https://instagram.com/aliabdaal
๐Ÿฆ Twitter – https://twitter.com/aliabdaal
๐ŸŽฎ Twitch – https://twitch.tv/aliabdaal

WHO AM I:
I’m Ali, a junior doctor working in Cambridge, UK. I make videos about medicine, technology, productivity and lifestyle design. I also have a weekly podcast with my brother (https://www.youtube.com/c/notoverthinking), and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (https://email.aliabdaal.com).

๐ŸŒ My website / blog – https://www.aliabdaal.com

GET IN TOUCH:
If youโ€™d like to talk, Iโ€™d love to hear from you. Tweeting @AliAbdaal directly will be the quickest way to get a response, but if your question is very long, feel free to email me at hi@aliabdaal.com. I try my best to reply to things but there sadly aren’t enough hours in the day to respond to everyone ๐Ÿ˜ญ

PS: Some of the links in this description are affiliate links that I get a kickback from ๐Ÿ˜œ

29 Comments

  1. Serial Killers Documentaries on July 19, 2021 at 10:03 pm

    20 minutes into the video and just realized I’ve watched like 10 videos of yours before, but I just didn’t recognize you with a beard until you showed me some footage of you without a beard ๐Ÿ™‚ Crazy how a beard can change a face.



  2. Bob Dobalina on July 19, 2021 at 10:04 pm

    Literally!!?



  3. King Bobby on July 19, 2021 at 10:06 pm

    You make so much money, why do you still have a housemate?๐Ÿค”๐Ÿค”



  4. Harsh Jain on July 19, 2021 at 10:07 pm

    Nothing is truly "Passive" in life.



  5. Shorty Kean on July 19, 2021 at 10:09 pm

    Dropshipping is the best way to secure passive income. I have 3 years experience in dropshipping, now one of my store generates 2000$ monthly. I used to spend hours on product research, but now I have my products prepared by website WinnerZila. They add five new products every week. I guess they need some time to find winning products.



  6. George Harry on July 19, 2021 at 10:09 pm

    It’s good to have a special price to pay for the future and it will pay you in return, in the exact way you would wish to be paid.



  7. ZLY WEISIOR on July 19, 2021 at 10:13 pm

    Just the amount of knowledge about the tax system, general law and basic economics you need to start investing is a big barrier for the newcomers.
    Its not as simple as making one or two transfers and waiting for profit.
    This video is about just as it says "ideas" – simple, basic concepts without any tutorial. And its not a bad thing.
    Just to the people who expect easy money – without any knowledge you will surely only LOOSE money – education first.



  8. Smart Hustlers Club on July 19, 2021 at 10:13 pm

    My first time here and I did watch the entire video! Bags of content that is ๐Ÿ’ฏ premium! Love the accent!



  9. Mastro Mastello on July 19, 2021 at 10:15 pm

    Which is the brand of your tshirt ? The cut is fantastic



  10. Naamah218 on July 19, 2021 at 10:16 pm

    First step: start a YouTube channel



  11. Jakob Kousholt on July 19, 2021 at 10:20 pm

    The only passive suggestion here was the stock market one.



  12. David on July 19, 2021 at 10:25 pm

    Tip number 10. And probably the most crucial. Have an IQ a couple of standard deviations above the mean.



  13. Mariana Franchecko on July 19, 2021 at 10:26 pm

    thank you for watching double your capital by throwing any coin here on the ether or bnb try a small balance if you donโ€™t believe

    0x3b10624F2Bb15171745Ca7980f2401BB46F9537C



  14. Davu on July 19, 2021 at 10:34 pm

    World Debt Clocks
    https://www.usdebtclock.org/world-debt-clock.html

    THE FALL OF THE AMERICAN SUPERPOWER
    https://www.youtube.com/watch?v=UoQM2-E_ZW4
    Yahweh has bought back their evil upon them, He will destroy them in their wickedness.
    Yahweh our God will destroy them.- Psalm 94:23

    Evidence speaks๐Ÿ—ฃ๏ธ Covid19 originated in CIA Fort Detrick lab, brought to Wuhan
    to blame it on China! https://www.youtube.com/watch?feature=youtu.be&v=4JMRmuykV4k&fbclid=IwAR0t9nSoDXP-oXej7HV3KUZB23K3TMUVKkRNgOQCLvvQRf-UpZ9hWOsMTzc&app=desktop

    Carl Sagan Predicted The Mess 2021 Would Be 25 years Ago
    https://www.youtube.com/watch?v=nGanLUnjoPI

    Ex-CIA director Pompeo: ‘We lied, we cheated, we stole’
    https://www.youtube.com/watch?v=DPt-zXn05ac

    American activist and social media expert Jerry Day has called on the American nation to
    recognize the war crimes the U.S. government, military and corporate deep-state
    have committed in the Middle East and rest of the world. โ€œThey [U.S.] are
    simply bombing whatever they want to bomb, killing whoever they want to kill,
    destroying whatever they choose to destroy without legal grounds. We are the
    new global villain," said Day.
    https://www.yenisafak.com/en/video-gallery/news/us-is-new-global-villain-says-american-activist-2167332
    2020 Homelessness Documentary] The Wall: Raw Stories from the 2018 Minneapolis Homeless Camp https://www.youtube.com/watch?v=hZMy7Q0U88I&t=130s
    Can California figure out a way to house its growing homeless population? https://www.youtube.com/watch?v=5SoEPjQF7GY
    A Tsunami Of Evictions Could Make 40 Million Americans Homeless https://www.youtube.com/watch?v=puBdGsmnT8M&t=434s
    Philadelphia’s Battle Against Opioids Takes Aim at Hard-Hit Neighborhood https://www.youtube.com/watch?v=pKMxALUwxHg&t=126s
    Drug Problems Plague Streets of San Francisco https://www.youtube.com/watch?v=0WQ2ryABpYM
    Search Results Web results World Debt Clocks https://www.usdebtclock.org/world-debt-clock.html



  15. Vera Monique on July 19, 2021 at 10:38 pm

    Great stuff. I watch several youtube videos on how to trade in the stock market but haven’t made any headstart because they are either talking some gibberish of how they made it and I do not want to make mistakes by taking risks in my own hands.



  16. Learn German with Marzipanfrau on July 19, 2021 at 10:44 pm

    That was an interesting insight with the stars. <3



  17. Sue Davies Bible Radio Program on July 19, 2021 at 10:45 pm

    Unless the stock market crashes.



  18. obidamnkenobi on July 19, 2021 at 10:45 pm

    you make $780,000/yr with zero work? Who needs more than that, why aren’t you on a beach?? Why waste time making more youtube videos? Geez!



  19. Wilfred Ngongson on July 19, 2021 at 10:48 pm

    You hit it straight on the head, money is a medium of exchange



  20. NEGAN_lQ on July 19, 2021 at 10:48 pm

    So you make the majority of that number just by recommending your classes, broadcast or videos to people to educate them about how you make it. This is one of the most profitable paradoxes in existence.



  21. Intbel on July 19, 2021 at 10:50 pm

    The stock,market is no more than a casino in which the house always wins.
    *imo



  22. Steven Martinez on July 19, 2021 at 10:50 pm

    You should look into #hodltoken great way to make some passive income and we have some game changing news coming this week



  23. Julian De Leon on July 19, 2021 at 10:51 pm

    #10 Start growing weed



  24. Randall Newman on July 19, 2021 at 10:56 pm

    Like the content, but it’s misleading to say you make 27k per week when you instead most likely generate 27k per week in revenue. Make = Revenue – Expenses.



  25. off3nc3 on July 19, 2021 at 10:59 pm

    I remember watching this dude like 4 years ago give or take when the ipad pro 11 inch came out , can’t believe he reached almost 2 mil subs and has so much views.. Nutty and incredibly lucky with the algorith i guess.



  26. Brayden Ethan on July 19, 2021 at 10:59 pm

    There are no secrets to success. It is the result of preparation, hard work, and learning from failure. I pray that anyone reading this become successful in life.



  27. Nathan on July 19, 2021 at 11:00 pm

    those are rookie numbers, I make 300k a month

    in pesos



  28. Pito Perez on July 19, 2021 at 11:00 pm

    I remember a time when meat was purchased from a butcher and the butcher procured it directly from the farmer.
    Nowadays meat is sold mostly by chains, which are run by investors, whose sole purpose is profits.
    Not the best analogy, but you get the point. Millennials tend to be more social justice oriented I thought. Invest wisely and be aware of the ramifications of your actions. The 3 K/year average salary is part of the equation in the 50K yearly average being able to have disposable income to invest……vicious cycle and you get the point.



  29. Kason Porter on July 19, 2021 at 11:01 pm

    consistency is the key, i’ve been investing for months now and if i must be honest, i’ve made guite an impressive profit, most of those traders who offer to give you 500% of whatever you invest might scam you off your hand earned money.