My Recommendations To Earn Extra Income In The Next 5 Minutes…

My Recommendations To Earn Extra Income In The Next 5 Minutes…


hey how’s it going Aaron Chen here hope
you’re doing well if you’re watching this video right now then you’re
probably on YouTube you’re doing some research on how to earn extra income
right so you want to learn how to earn extra income whether that’s from you
know doing an online business or a different source of income streams maybe
passive income I’m going to talk a little bit you know about how you can do
that over the next few minutes okay for those of you who don’t know me my name
is Aaron Chen I’m an online entrepreneur been building my online business for the
last nine years eight of those nine years failed really really badly made a
lot of mistakes didn’t really know what I was doing but you know invested a lot
in my education put a lot of money into my business much more than other people
you know generally are able to do right so I know a thing or two about you know
making those tweaks and then having success over the last year generated
over a thousand sales in my business so I want to teach you exactly how I did
that okay so if you want to you know check out my Affiliate course you can
just click on the link right below this video but all the over the next few
minutes I’m gonna be talking about how you can create you know earn extra
income right so there are a few different ways that you can do that okay
the first way really is to you know invest in investments that’s pretty you
know pretty straightforward so you’ve got some money and you invested in
investments like mutual funds or maybe cryptocurrencies or maybe even property
right and that’s how you generate extra income you get money to work harder for
you right so that’s that’s a good way but I would say that you should only do
that when you have a very strong income source coming in because you know in
order to generate a lot of money using investments you actually have to invest
quite a lot of money because think about it right if your returns were 10 or 15
percent per year let me grab a calculator okay so let’s just say your
returns and that’s you know average returns for mutual funds I would say
that are pretty safe okay you would have to invest quite a lot of
money to make any sort of significant income okay you’d have to let’s just say
you invested $10,000 right and you earn 15% over the year
percent that means you only earn an additional eleven thousand five hundred
bucks that’s that’s really little you know so that’s investing ten thousand
dollars now not everybody has ten thousand dollars lying around right
that’s why I think that investing is great but you need to invest a
significant amount of money before you make a good return on that income now
you could be investing in investments that have a much much higher percentage
that’s true right but you’re gonna have to you know be willing to lose some of
that money because you know with higher returns comes higher risk investments in
higher risk portfolios right so investing money and I’m investing a
cryptocurrencies right and you can get like you know a hundred percent return
over a month if you’re if you’re smart about you know investing in in the
different altcoins right but again it’s money that you must be willing to lose
okay so I would say that you want to have a good income source coming in
first every single month before you start looking at property investments or
crypto currencies or mutual funds or whatever sort of investments you’re
willing to look at okay that’s option number one another way you can start you
know to earn extra income is really to I would say
build a business right or do some sort of you know business where you’re you
know getting an alternative tip stream of income and once you’ve built that
business up to a certain level it starts to you know give you returns and it
starts to give you some money every single month okay now there are a few
different things that you can do I started in network marketing about nine
years ago so network marketing MLM you know companies like Amway MonaVie
Herbalife so these are some of the biggest you know network marketing
companies in the world the only problem with network marketing is that you have
to constantly recruit people into your business right and once you’ve done all
your friends and family which can be a little bit annoying for your friends and
family okay the next easiest way to find a pool of people to recruit is to go
online and that’s what I did so I went online and I found you know I learned
different strategies on how to attract different people into my businesses I
build my teams up to maybe about 30 40 50 people and then I realized that there
wasn’t most stable business because out of the
four network marketing companies that I’ve joined over the last nine years two
of them closed down in the first year of being in business why because the FTC
doesn’t like network marketing businesses that just focus on the
recruitment of people you have to be focused on selling product if you’re not
so focus on selling product then there’s something wrong with the business model
and that’s why unfortunately MLM and network marketing can be a little bit
scary right so you’ve got to be careful okay so I’m all about building an income
stream that is gonna be here for the next 50 hundred years you know you want
to build a business where you can pass that on to your kids right you want an
income stream that is stable that’s solid
that’s gonna be here today and tomorrow and forever right you don’t want an
income stream that is just a flash in the pan it’s here today gone tomorrow
right which is why in theory network marketing is great but I don’t really
like to build network marketing businesses anymore that’s what I started
with you know nine years ago okay so it is an option but I wouldn’t focus
predominantly on network marketing the business model that I like the best is
affiliate marketing why Phillip marketing because a Phillip marketing is
very stable it’s very straightforward and all you have to do is one thing and
that’s focused on learning how to become a very very strong internet marketer to
promote that product right if you learn how to be a good very very strong
promoter then you can make a ton of money if you really wanted to and if you
really learn how to do it properly that’s how you earn extra income, okay affiliate marketing all it is is
reselling somebody else’s product so someone has created a product online you
pick it up and you market it for free and you build a marketing plan around
that affiliate product and you promote it and when people buy it they like it
you generate a commission that’s that’s exactly how it works to give you a
simple example if I wanted to lose weight there are hundreds of weight-loss
products out there so let’s say there’s one that teaches you how to get six-pack
abs or maybe it teaches you how to lose six inches off your waist in the next 60
days right that’s you know that’s that’s pretty good yeah
and you remarketed that product to a group of people that want to lose weight
maybe they’re a little bit overweight maybe they’re a little bit out of shape
and you put it together a really really good marketing plan you drive a lot of
traffic to your marketing plan to your marketing campaign and then people buy
the product and you generate a commission okay
as simple as that right lots of different affiliate marketing
marketplaces that you can check out like jvzoo clickbank these are some of the
biggest ones Clickbank com you can check it out just go on there and you’ll find
tons of different affiliate products in different niche areas so whether it’s
learning how to jump higher learning how to run faster learning how to cook
better you know stopping your dog from peeing
on the carpet learning how to generate leads on Facebook learning how to lose
weight learning how to get a six pack I mean there are so many different niche
markets that you can go into okay and so that’s the beauty of affiliate
marketing it’s not about recruiting people it’s about learning how to sell
products to a group of people that really need their problems solved okay
that’s why it’s such a beautiful I think business model and that’s the reason why
after eight nine years I decided to focus you know purely on affiliate
marketing okay but yes it is challenging because you have to learn how to become
a good marketer right you have to learn the skills on how to be a good promoter
online but if you learn how to do that properly if you learn some Facebook
marketing if you learn some YouTube marketing if you learn how to do SEO on
Google right if you learn how to do blogging if you learn how to write some
articles then you can you can potentially learn how to generate sales
online and this is one of the ways that you can earn extra income okay now there
are other ways to that I wouldn’t really recommend but you can try them if you
want you can outsource your services so there are websites like Fiverr com right
for example where you can become an outsourcer and you can you can go on
there and you can sell your services and people will pay you five ringgit sorry
five dollars uh-huh it’s my currency five dollars per
service okay for lots of different things you could rank somebody’s website
you can design a logo you can write articles for people right you can
you know actually do certain things like write love letters and then you know
create a service around that you could do voiceovers you could do you can do
video acting you know you can create a video like this and sell it for five
bucks for someone right and they can use it in their marketing so many different
things you can do the problem with doing something like Fiverr is that you’re
trading your time for money okay there’s only one of you there’s only so many
hours in the day there’s only so much money that you can earn per day which is
a problem okay so if you’re going to be building a business and you want to you
know build an extra income why not have a system or business that you can scale
and create leverage okay because I’m all about creating leverage there’s only one
of me but if you learn how to generate a ton of traffic then essentially what
you’re doing is you’re creating leverage in your business okay let me know your
thoughts on that right would you rather have an income stream where you can use
software technology to leverage your time and leverage and scale your results
or would you rather outsource your time and trade you know your time for money I
mean I know which one I would choose right so let me know in the comments
below has that helped you at all has I given you some ideas on how you can you
know generate some extra income in your life earn extra income right if that’s
what you want to learn how to do now if you’re a little bit lost you know this
has kind of helped you a little bit but you want to kind of take the next step
okay you can spend some more time with me if that’s what you want to do all you
have to do is click on the link right below this video there’s a little link
there it’s gonna lead you to my website all you need to do is enter your best
email address in there right and I’m gonna take you by the hand and show you
how I was able to build my affiliate marketing business step-by-step okay
would love to show you how to do that if that’s what you want to do so also give
me a thumbs up if you thought this video was cool if it added some value in your
life and if you want to you can also subscribe to my channel I release videos
like this on a very regular basis and I’m hoping that these videos will
inspire you to earn extra income and build you know an additional stream of income and I hope
that it will give you the tools that you need to be very very successful in your
business and life take care my name is Erin Chen
and look out for some of my other videos coming out this week take care and have
a good day

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