00:00so what is the absolute best way of
00:02making money online right now and where
00:04should you actually be focusing your
00:06time in order to get the biggest return
00:08that you possibly can well my name is
00:10Matt Parr and I've tried almost every
00:12method when it comes to making money
00:14online and in this video today I am
00:16going to tell you the absolute best
00:18method of making money online that I've
00:20ever come across where the return that
00:22you can get from it is way more than all
00:24of the other business models that are
00:25out there and the best method of making
00:27money online right now is called
00:30creating a passive symbiotic system now
00:33you might be saying Matt what in the
00:34world did you just say and it might
00:36sound complicated but it's actually very
00:38simple in fact a lot more simple than
00:40all the other methods that are out there
00:42you see when most people think of making
00:43money online they think of creating an
00:45internet company like a software and
00:47spending a ton of money to put something
00:49like that together and they think you
00:50need to be some sort of Genius Visionary
00:52entrepreneur like Mark Zuckerberg or
00:54Elon Musk in order to make millions of
00:56dollars online well that could not be
00:57further from the truth I've made over 5
00:59million dollars online I'm only 22 years
01:02old right now I'm sitting in a house
01:03that I bought with money that I've made
01:05online and just a couple of years ago I
01:07was a completely broke High School
01:08student I absolutely hated my life and
01:11if I could see the future of where I'd
01:12be in just a couple years for making
01:14money on the internet I honestly
01:16wouldn't believe it myself now the
01:17reason I'm making this video is because
01:19I see a lot of people going down the
01:20wrong path when it comes to earning
01:22money on the internet I see a lot of
01:24people looking for a get rich quick
01:25scheme like a website that's going to
01:26make all their financial troubles go
01:28away if they just click some buttons or
01:29I see them focusing on such low leverage
01:31activities trading their time for money
01:33for example doing online survey websites
01:36or work in transcription jobs and
01:37getting paid just a couple dollars an
01:39hour at most a couple hundred dollars
01:41per month I want you to have the
01:43possibility of making multiple thousands
01:45if not tens of thousands if not hundreds
01:47of thousands of dollars per month and
01:48obviously I can't guarantee you're gonna
01:50make that much just because you watch
01:51this video what I can guarantee you're
01:53gonna learn the same exact tactics that
01:55I've personally done as well as all of
01:57my successful students have done as well
01:59so now I'm going to outline the steps so
02:01you can put together your very own
02:03passive symbiotic system so you can make
02:05money to pay for whatever you want to
02:07pay for in your life whether it's going
02:08on lavish vacations and traveling around
02:10the world like I've done in the past
02:12couple years find your dream house
02:13helping people that you love the
02:15possibilities are endless but the first
02:16principle you need to understand when
02:18you're setting up your passive symbiotic
02:20system is that the way that you earn
02:22money on the internet is by giving value
02:24to other people and the internet allows
02:26us to do this at scale here's exactly
02:28what I mean by that if you trade your
02:30time for money doing a regular nine to
02:32five job or even a job on the internet
02:34that pays you for doing a certain task
02:36you have to keep doing that task over
02:37and over again in order to make money
02:39but then you might be asking Matt how
02:41come I see all these online millionaires
02:43out there who are who some of them are
02:44in their teens or early 20s making
02:46millions of dollars online the way these
02:48people are able to do this is not
02:49because they're working 24 7 non-stop
02:52it's because they're working on the
02:53right things remember that smart work is
02:56way better than hard work there's a lot
02:57of hard-working people who've worked a
02:59lot harder than I have in my life we
03:00have a lot less money than me and I'm
03:02not trying to pretend I'm some sort of
03:03Genius I'm not I've been incredibly
03:05Lucky in my life to come across a system
03:07like this which I can now share with you
03:10here today so let me outline the steps
03:12so you can create your very own passive
03:14symbiotic system so step number one when
03:16it comes to doing this is choosing a
03:18topic now a topic or a niche is simply a
03:21category that you are interested in that
03:23you can base your passive symbiotic
03:25system around and this is one of the
03:27most important parts in doing this
03:28entire process and it might seem trivial
03:30what I want you to do is open up a
03:32Google Document or you can just do it
03:33with a good old-fashioned pen and paper
03:35right here and write down at least five
03:37things that you are personally
03:38interested in it might be saying Matt I
03:40don't have any huge interest but don't
03:42just write out anything you're
03:43interested in because we also have to
03:44consider the economic viability of what
03:47we're interested in we need to make sure
03:48that we can actually make money from
03:50this interest so we need to make sure it
03:52aligns with one of the following
03:53categories and these categories are
03:55health wealth happiness relationships
03:58travel or technology and the reason and
04:00being is because there's a market for
04:01these problems and if we can solve
04:03people's problems Within These niches we
04:05can get paid for it and we can make
04:06money you might think you know what I'm
04:07about to say when it comes to doing this
04:09you might think I'm going to tell you to
04:10be a consultant or a YouTuber or
04:12something like this no this is way
04:13bigger than all of those things
04:14individually and this is literally what
04:16has made me millions of dollars online
04:18so now that you've wrote down some of
04:19your interests within one of these
04:20categories then what I recommend doing
04:22is narrowing it down and choosing one
04:24that you're interested in more than any
04:26and also one that you do some market
04:28research on which is Step number two
04:30doing market research now in order to do
04:32this all you have to do is go to
04:34youtube.com search your Niche that you
04:36had put in some Search terms related to
04:38it for example if I said I was
04:40interested in running YouTube channels I
04:42would Search terms like how to grow on
04:43YouTube how to make money on YouTube and
04:45make sure there's videos going up in the
04:47past six months with over 100
04:49000 views each on multiple different
04:51videos this shows you there's a big
04:53interest within this topic and then
04:55you're good to go and now it's time for
04:56step number three which is acquiring
04:58more information about this skill this
05:00doesn't have to be anything complicated
05:02you don't need to go to a four-year
05:03college degree on something to know more
05:05than most people on a subject in fact if
05:07this is something you're interested in
05:08you probably have more knowledge on that
05:10topic than most people if not don't
05:12worry whatsoever you can literally go to
05:14YouTube watch YouTube videos teaching
05:15his subject step by step and just take
05:17notes about the subject take at least a
05:19couple weeks to a month to learn in
05:21depth about a subject and now it's time
05:22for step number four which is choosing
05:24your first passive income stream and the
05:27stream that I recommend everybody at
05:28least consider doing first and foremost
05:30is running a YouTube channel no that
05:32does not mean you need to be a
05:34conventional YouTuber and film videos
05:35like I'm doing right here what this
05:37means is that you create a YouTube
05:39channel around the topic that you're
05:41interested in and what I recommend doing
05:42is finding a sub Niche within the
05:44overall niche of whatever you're
05:45interested in and honing in on that
05:47specifically so for example if you want
05:49to teach people about YouTube you could
05:50lean into specifically how to run a
05:53faceless YouTube channels or you could
05:54lean into how to grow really fast on
05:56YouTube try to pick something very
05:57specific that you can help people and
05:59you do not not have to be a
06:00world-renowned expert on a topic in
06:02order to just learn one percent more
06:04than most people and then teach those
06:06people that one percent and help them
06:07get to where you're at because remember
06:09the way you make real big money online
06:11the way I've made millions of dollars is
06:13by providing value to people and then
06:14you get money from that and I'll show
06:16you exactly how to do it but like I said
06:17you don't need to be a conventional
06:19YouTuber you don't need to show your
06:20face you can run faceless channels
06:21that's exactly what I did when I was
06:23starting my YouTube Journey but I did a
06:24lot of things wrong and I didn't set up
06:26this passive symbiotic system as well as
06:29I could because I was all over the place
06:31I would create a YouTube channel about
06:32this entertaining subject and then about
06:34this entertaining subject and about
06:35random trending subjects which is great
06:37I made a lot of money doing that I still
06:39make thirty thousand dollars a month
06:40from ad revenue from my channels that's
06:42great but what I wish I would have done
06:44is create content around a niche that
06:46I'm interested in that has a lot of
06:47market feasibility monetized in some
06:49certain ways that I'm going to be
06:50showing you how to do in just a second
06:52and then all of these streams would feed
06:53each other and now it's time for step
06:55number five which is building your first
06:57passive income Stream So the key word
07:00here is passive and when it comes to
07:02doing this you want to make sure that
07:03you're choosing an income stream that is
07:05passive let me give you some examples so
07:07you know exactly what can potentially
07:08work for this YouTube channels very
07:10passive you upload the videos once those
07:12videos can live forever if you're within
07:14an evergreen subject and you can get
07:15views in all those categories that I
07:17listed earlier in the video are
07:18evergreen topics people are always going
07:20to be interested in these subjects so
07:22YouTube channel is an amazing passive
07:24income stream another passive income
07:26stream could include blogging you do the
07:28work once writing the Articles people
07:30can come back to it for years in the
07:31future you can continue getting paid
07:32even when you're sleeping remember we do
07:35not want to be trading our time for
07:36money another passive income stream that
07:38you could potentially do is affiliate
07:40marketing where you promote other
07:41people's products and then you get a
07:43commission from every single sale that
07:45you get within my course in community to
07:47mastering monetization we've paid out
07:48over half a million dollars to
07:50Affiliates who've promoted our program
07:51before they do things like Run YouTube
07:53channels promoting it running ads Tick
07:55Tock Pages Instagram accounts sending
07:57emails writing articles and all of these
07:59things dry Drive traffic to a program
08:00and then we sell it and then they get a
08:0250 commission from that you don't just
08:04have to be an affiliate for me though
08:06there's thousands of different affiliate
08:07programs out there that you can look
08:09into another passive income stream you
08:11could look into is selling your own
08:12course that's exactly what I did once I
08:14had some success with running faceless
08:16YouTube channels I started my online
08:17Journey at 14 by the time I was 18 I
08:20then started selling a course on that
08:21topic it's a lot of work to sell a
08:23course it's worth it in my opinion if
08:25you have a specialized knowledge in a
08:27skill but if you don't you're just
08:28starting then just partner with someone
08:29who has an affiliate product and you can
08:31go to websites like PG store24.com as
08:33well as clickbank.com to find tons of
08:35great digital products that you can then
08:37promote another way of making passive
08:39income would be selling digital products
08:41now these can include things like ebooks
08:43or guides and you can sell them on
08:44websites like gumroad.com and the reason
08:46it's passive is because people can buy
08:48these at all hours of the day whenever
08:50they want and you can get paid for it
08:51step number six now is to then devote
08:53the next three months solely towards
08:56that one passive income stream the worst
08:58thing you can do at this point is trying
08:59a set of multiple passive income streams
09:01at the same time because then your focus
09:03is spread thin and you might make a
09:04little bit of progress in all of them
09:05but you won't make that exponential
09:07progress in one of them and here's
09:08another passive income stream idea that
09:10just came into my head you could do
09:11podcasting as well there's so many
09:13different ways of making passive income
09:14I've got a ton of videos on my channel
09:15that show how to make passive income as
09:17well but as part of the step six make
09:19sure you're focused on one stream of
09:20income so for me if I'm starting
09:22completely over my one stream of income
09:24would be running YouTube channels
09:26without showing my face until I get
09:27comfortable enough where I can actually
09:29come on camera and talk to a camera like
09:31this and here on my channel make money
09:32Matt I show you tons of ways how you can
09:34run YouTube channels without showing
09:35your face you can hire people to make
09:36the videos for you you can use AI video
09:38generation software like Pick 3 to make
09:40videos for you you can use stock footage
09:42with voiceovers there's so many
09:43different ways you can do screen
09:44recordings like I actually initially did
09:46at the beginning of my make money Matt
09:48Channel I just did screen recordings
09:49teaching very simple topics got a lot of
09:52views actually got to the point of
09:53making twenty seven thousand dollars a
09:54month just three months into it now most
09:56people don't get those results but I did
09:57in a very specific way that would make
09:59it it possible and that brings me into
10:01step number seven now which is after
10:03those three months of focusing on a
10:05single passive income Source it's now
10:07time to introduce a second complementary
10:10source and this is the key word and this
10:11is where everybody goes wrong with
10:13putting together a passive symbiotic
10:15system most people all of a sudden want
10:17to jump to doing a completely separate
10:18business they get what's called shiny
10:20object syndrome where they see another
10:21business model that might pop up through
10:23an advertisement or whatever and then
10:24they jump to that so they go from Drop
10:26Shipping to running a YouTube channel to
10:27doing the smma company to doing this and
10:30that and that is not the best way of
10:31making money online because your focus
10:33is spread thin instead you want to
10:35introduce a complimentary passive income
10:38stream so here let me give you an
10:39example let's say I created that YouTube
10:41channel teaching other people how to
10:42grow on YouTube right it's kind of like
10:44YouTube section at that point whatever
10:45your topic is let's say you're talking
10:47about health and how to lose weight on
10:49your YouTube channel right then a second
10:51complimentary passive income stream
10:53would for example be affiliate marketing
10:55a weight loss course or creating your
10:57own weight loss course or creating a
10:59guide that can sell sell it all hours of
11:00the day and you need to make sure that
11:01that second stream of income is passive
11:03and if one stream of your income grows
11:05you want it to feed all of your other
11:07streams of income that's what makes this
11:09truly symbiotic symbiotic means multiple
11:11things working together in unison to all
11:13feed a common objective which is making
11:15you more money and the way we do that we
11:17provide value to the marketplace so now
11:19that you've introduced your second
11:20stream of passive income let's say we're
11:22running a YouTube channel as well as
11:24selling an affiliate product now we're
11:26actually starting to put together a real
11:27symbiotic system and this is where it
11:30starts to get fun now it's time for step
11:31number eight which is doing the math and
11:33here's exactly what I mean by that let's
11:35say you're selling an affiliate product
11:36for a thousand dollars so when people
11:38buy it they pay a thousand dollars let's
11:40say you get a 50 Commission of that and
11:42you get five hundred dollars per sale
11:43I'm just using that because that's how
11:45much we pay out to Affiliates who sell
11:46my course and community so if you make
11:48500 per sale if we reverse engineer
11:50let's say you just want to make ten
11:51thousand dollars a month right then you
11:53need to get only 20 sales per month they
11:55might be saying Matt isn't 20 sales a
11:57month a lot no not at all there's
11:58billions of people online every single
12:00day if you can get just 20 of them per
12:03month you can 100 doing this if dumb 22
12:05year old multi-millionaires are doing
12:07this then you can do this too and I'm
12:08going to show you exactly how you can do
12:09this so in order to get 20 sales per
12:11month let's reverse engineer how many
12:12people that we actually need to reach to
12:14get those 20 sales well I can tell you
12:16that in the past with running YouTube
12:190.0004 of each viewer that's watched my
12:22channel has gone on to buy something now
12:24this is going to differ for every
12:25channel and different traffic sources
12:27are going to be different but by that
12:28math you only need to get 50 000 views
12:30per month to potentially be making ten
12:32thousand dollars per month from a
12:33YouTube channel for example or you could
12:35be running a podcast or a blog or an
12:37Instagram account that's another great
12:38stream of passive income that you could
12:40potentially do as well I like YouTube
12:41better than Instagram but right now with
12:43the symbiotic process we got our two
12:45streams of income and they're feeding
12:46each other and if you focus on a
12:47singular YouTube channel uploading
12:49consistent content using the proven
12:51methods that I've shown on this YouTube
12:53channel on exactly how to grow I've
12:54shared with you a lot of my secrets on
12:56exactly how to do it I reveal all my
12:57secrets in my course if you want to get
12:59it you know don't have to but if you
13:00follow the checklist that I give you in
13:02growing a YouTube channel 50 000 views
13:04per month is a bare minimum that would
13:06be my goal to hit within a couple months
13:08of starting the channel so it's more
13:09than possible and I have some people
13:11within my course Community who come to
13:12me and they're like Matt I failed I'm
13:13only getting 50 000 views per month and
13:15I'm not making a ton of money and that's
13:17just because they're focused on ad
13:18revenue from their YouTube channel
13:20whereas I have other students for
13:21example one of my students Kari he makes
13:23ten thousand dollars per month with a
13:25very small Channel not even getting a
13:27ton of views per month and the way he
13:28does that is by doing affiliate
13:30marketing from his channel he's creating
13:31that symbiotic system so when it comes
13:33to scaling this up it really just means
13:35focusing on your first passive income
13:37stream which in my case would be YouTube
13:38and then letting that fuel my second
13:40passive income stream which would be
13:42affiliate marketing and now it's time
13:43for step number nine which is adding
13:45more passive income streams so if I have
13:47a YouTube channel affiliate marketing
13:49I'm gonna add a third passive income
13:50stream for example running faceless
13:52Instagram theme pages but making sure
13:54that it feeds all the other things so we
13:56can make this truly symbiotic so if I'm
13:57teaching people how to grow on YouTube
13:59My my Instagram account would be about
14:01how to grow on YouTube or at the very
14:02least it'd be about wealth and finance
14:04and anything related to that big
14:05subtopic that we chose earlier in the
14:08video and now it's time for step number
14:0910 which is building a list so it's very
14:12important at this point once we start
14:14making some money from our Channel and
14:15everything that we're building a list
14:17off of social media platforms because
14:19it's great to get a lot of subscribers
14:21and Views and everything on YouTube
14:22Instagram and Tick Tock but it's also an
14:24incredibly good idea to have a list that
14:26you own and the best example of that is
14:28what is called an email list and there's
14:30so many different email list providers
14:32out there but the one that I personally
14:33use is called kajabi.com I also use it
14:36to host my course so I use it for
14:37multiple things it's a little bit
14:38expensive it's like a hundred dollars
14:40per month I believe for the starting
14:41plan but it is way worth it if you just
14:43get one sale per month from doing this
14:45stuff it's way worth it at this point
14:46you should already be making some money
14:47with this process you can reinvest just
14:49100 bucks a month which should make you
14:51multiple is more of that in the near
14:52future so how do you actually build this
14:54list well you do it by creating what's
14:56called an opt-in page an opt-in page is
14:58where you give people something for free
15:00in return for their email so for example
15:03you could give them a guide that's one
15:04of the best ways that I recommend that
15:05you can literally do this in a couple
15:07hours create a five-step guide you can
15:09just watch YouTube videos to learn more
15:10about a certain subject put together a
15:12five-step guide just simply create it in
15:14a Google doc export it as a PDF upload
15:16it then to kajabi or whatever platform
15:18you're using there's also platforms like
15:20click funnels ascendinblue.com
15:22convertkit and so many other ones out
15:24there and then put that link in the
15:26description of all your YouTube videos
15:27now you might be saying Matt if I'm
15:29giving people something for free how do
15:30I make money from that well the way you
15:32make money is that when they get to the
15:33end of your document you then put your
15:35affiliate Link at the end of that
15:36document so when people click that you
15:38make a sale or if you have an online
15:40course put your link to that at the end
15:41so if they click it you make a sale and
15:43the reason this is so important to build
15:44up this email list as well is because
15:46then you can start sending regular
15:48emails to your list giving them more
15:50value you might be saying how do I do
15:51that well you simply send them an email
15:53every time you post a YouTube video or
15:55you post on your Tick Tock or Instagram
15:56or whatever you send them an email with
15:58a link to to that post so then they go
16:00watch it they get value from it and
16:02they're more likely to buy because
16:03people on average need to see something
16:05I believe like seven to ten times before
16:07they usually end up deciding if they
16:08want to buy it so you need to
16:09continually reach out to them and just
16:11send them continual emails and this will
16:12be one of the most valuable things that
16:14you can do you can easily hire someone
16:16to write emails for you which brings me
16:17into step number 11 which is outsourcing
16:20so at this point once you start making
16:22money in order to make this truly
16:23passive we can hire people to do stuff
16:26for us so for example with running
16:27YouTube channels I have to get behind a
16:29camera and record videos for this
16:31channel so it's not truly passive it's
16:33pretty passive in the sense I upload
16:34videos those videos can live on forever
16:36and keep getting views that part of it's
16:38passive but in order for me to
16:39exponentially scale more and more I have
16:41to create more and more videos but I've
16:43also recently started doing is I created
16:45a channel called tube Mastery where I
16:46hire other hosts from upwork.com to make
16:49the videos for me so I literally don't
16:51have to do anything and this then feeds
16:52my course so I'm making money from that
16:54and I literally don't have to do
16:56anything so it's adding a high leverage
16:57method which is outsourcing on top of a
17:00high leverage way of making money which
17:01is selling a digital product both of
17:03those are like a match made in heaven
17:04and you can make a lot of money from
17:06that now step number 12 for creating
17:07your symbiotic system is to create what
17:10is called an exponential flywheel effect
17:13you want to create something where even
17:15if you do nothing it will exponentially
17:17increase into the future and there's a
17:19few different ways that you can do this
17:20in a few different ways that I'm
17:21implementing this into my businesses
17:23that have already made me millions of
17:25dollars but I believe they're going to
17:26make me millions and millions more and
17:28these methods can include creating an
17:30army to do your work for you and here's
17:32exactly what I mean so for example
17:34you'll notice several times throughout
17:36this video I mentioned the fact that I
17:37have an affiliate program for my online
17:39course now what does this do mention
17:41this some people are going to go check
17:42this out they're going to sign up to
17:43become an affiliate and they're going to
17:45promote my program and boom boom it's a
17:46win-win we both make money but it's a
17:48lot more than that as well because when
17:50those Affiliates go out and they promote
17:52the program to more people more people
17:53are then going to come and see this
17:55video because they're going to look up
17:56my name and see who I am they're going
17:57to learn about the affiliate program
17:58they're going to become Affiliates and
18:00it's an exponential flywheel effect from
18:03that and the way you can take advantage
18:04of this is creating your own digital
18:06product or your own online course and
18:08then when people find out about your
18:09course and they go to become an
18:10affiliate the more and more people will
18:12find out about it and like I said it can
18:14be exponential and you can make a lot of
18:16money doing that now that only comes
18:18once you have a skill that you can teach
18:19other people maybe you're already there
18:21right now I believe most people out
18:23there have a skill they can teach others
18:24if you're not don't worry about it
18:25whatsoever you can literally go onto
18:27YouTube learn about a subject become an
18:29expert in that subject over a short
18:31period of time with the amount of
18:32learning we can do on the internet today
18:34we literally live in a golden age in a
18:36golden era for doing this and I believe
18:38in you that you can make a lot of money
18:39doing this if I can do this from a broke
18:42high school student to making millions
18:43online I truly believe that you can too
18:45and if you want to see a completely free
18:46training on how to make money on YouTube
18:48without making videos you can check it
18:50out next to me right here in this free
18:52training right here I go over it step by
18:54step there's no fluff basically a free
18:55course right here so I highly recommend
18:57checking it out if you want to make
18:58money on YouTube without making videos
19:00one of the best ways of making passive
19:01income online in my opinion because like
19:03I said you upload the videos once they
19:04live forever so check it out everybody
19:06my name is Matt Parr and I will see you
