So in this article, I want to share with you guys the six different income streams I was able to build by the time I was twenty four years old.
This is not the typical approach for someone in their young 20s, so I want to explain to you how I was able to do it and really the reasoning behind why I really decided to do it.
So where this all started was about the time I was 18 years old is when I got my first real job. I worked for a startup company that was only a couple of years into business, and I worked for them for four years until I was twenty one. Now, when I was twenty one, I was kind of relying on this income.
I was making seventeen dollars an hour plus commission, so I was doing pretty well. But all of a sudden my boss got an email saying that her job, she was fired and that meant that I was fired as well.
So out of nowhere, just literally waking up the next day, I found out that morning that I no longer had a job. This hit me like a ton of bricks because this was the income I was relying on, and I didn’t have any experience otherwise telling me that you can just be fired from your job.
Just like that with no explanation, I thought you would get noticed. I thought I would be able to plan something in advance, so I had no job at this point.
This was when I had to go out and find another job, so I did find another job and this was about the time I was twenty two years old and I didn’t want this to happen again.
So I started to kind of proactively look at what were other ways that you can make money online. How do you safeguard this? How do you diversify?
What do you do so you don’t just get fired and then have no job and no income? So while I was working at this job, I started to look into different ways to make money, and I didn’t have money to invest, so I couldn’t buy real estate. I couldn’t invest in the stock market.
So long story short, because this is where that transition started from me working a single job to diversifying and starting getting income streams online.
So with that said, I only worked at that job for a year and then when I was twenty three and now twenty four is when I’ve been working on online income streams and now I’m completely financially independent of any job. And the funny part is, as I’m making at least five times more than I ever did on salary.
So I’m glad that I made this transition and I’m just making this story to try to help you guys to go through this same transition. Now, before I get into the six income streams here, I really just want to give one quick piece of advice.
And that is if you are working at a job and you’re about to go through this transition.
Don’t jump ship too early. You have to at least build a raft. What I mean by that is you’re on a ship right now. You have that income coming in, something you can rely on if you just jump overboard.
You just quit your job and you just decide, I’m going to just figure out how to do this. You have no income. You have nothing to go off of. You’re just going to drown. So what you need to do is build at least a raft.
Start doing this. Start doing some of the things that I’m going to explain in this story until you have some kind of income you can rely on.
Even if it’s not the full amount that you’re making at your job, you will have a raft. Do you have something that you can float on for a while while you keep building it up and then you will have another ship that you can rely on that income?
Start doing these things after hours once you get off your job until you have something, you can transition into nicely.
All right. Hopefully, you guys have some context on this now. Now let’s get into the six passive income streams that I was able to create.
STREAM #1
Teespring
So the first one is what I recommend for anyone getting started. I’ve talked about this before, but that is Teespring. Teespring is a print on demand platform where you basically just create designs.
You don’t need any paid software for this. You can do it completely for free. There are some apps that will help you do the designing, so you don’t have to be an artist or creative, but you’re just creating catchy, trendy things to put on T-shirts or mugs or different articles of clothing.
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And then you upload it to Teespring and it creates a virtual listing and then people can come and buy it. They pay for the whole thing. Teespring prints it and ships. It takes care of customer service and just puts the profit right into your account that you can pay out.
It’s literally just you finding ideas on the internet, creating them and uploading them to Teespring. You can spend just an hour after work every day, and you’ll be able to create five or six, maybe 10 designs every day.
Upload them to Teespring. You start compounding this. You do this for a while, and then you’re going to have one hundred two hundred three hundred different designs on Teespring while you’re still working your full time job.
You won’t have to worry about this, but it’ll be making money in the background. So when you go home, you can check your account, see how much money you made on Teespring.
STREAM #2
