Transcription
These 11 income streams have made me over $200,000 so far in 2024.
Now, I know you've seen the "passive income for beginners" types of videos. This is not one of them. I'm going to show you exactly how long it actually took me to build these 10-plus income streams, starting from when I had zero work experience, zero audience, and zero digital product of any kind.
By the end of this video, you'll know why building multiple income streams too early can actually hurt your income potential and what to do instead. I'll also share what I plan for 2025—like what's staying, what's going, and what's going to be completely new income streams for me in 2025.
So, let's kick straight into the first big lesson that I have learned over the past few years that I want to share with you. That is this awesome quote from the book *The One Thing*: "Success is sequential, not simultaneous."
This is the biggest lesson I have to share about starting multiple income streams: none of these happened all at once. This is the reality—the timeline of how long it actually took to build multiple income streams.
You can see that back in 2016, I started with freelancing just because I really had no work experience. I didn't have any connections, I didn't have an audience, and I didn't even know where to begin. So, I was like, "Let me just see what people will pay me for."
Then, a few years later, with all the skills I was learning as a freelancer—working behind the scenes of dozens and dozens of types of businesses, seeing exactly what they sold: digital products, physical products, services—I worked with agencies. I saw exactly what they did, and I was like, "I actually think potentially I could start a side business with my partner."
So, my partner and I started a side business together. That started generating a bit of income, and I started being like, "Oh, okay, I can kind of see how this could work for me potentially."
Then, a year later, I made my own first digital product. That was just my own thing, and that essentially kicked off the rest of my business.
So, that same year, along with my digital product, I started a paid membership community. A year after that, I started making YouTube videos. Then, I started making templates, doing masterminds, coaching, and consulting for other types of businesses. I also started making workshops, then kits and bundles.
Then, the year after that—so this year—I joined affiliate programs and started getting monetized on TikTok.
So, you can see that it took years of skill development, learning, and work before I started creating all of these other types of products or services. I think that's extremely important to highlight because I feel like a lot of times we put this pressure on ourselves to start 10 different income streams next year, and that's just so unrealistic.
It takes a long time to get good at something. It's also like that quote where it's like, "You won't see the whole path before you begin it, but you'll see the next step every time you take a step." That's what this was like. Every time I took a step, I was like, "Oh, that could be the next step." Then I took that, and I was like, "Oh, that could be the next step."
So, don't worry if you're standing here and you're like, "I can't see the 20 steps. I can't see how I could possibly get to multiple income streams." That's normal. That was me back in 2016.
The other lesson I really want to pull out of here—and this is a concept from Cal Newport's book—is that you have to build your career capital.
Career capital, he defines it as skills you have that are both rare and valuable and that can be used as leverage in defining your career. You are your biggest asset. If you are a freelancer or self-employed in any way, your skill set is how you generate value, how you solve problems for clients and customers.
The type of value you can generate and the type of problems you can solve for customers is what determines how much they will pay you.
So, you can see the start of my journey. I was freelancing full-time as a business manager. I was behind the scenes of 40-plus different types of businesses. I saw exactly what worked, what didn't, what were the biggest mistakes that clients were making, and what caused failures.
That is what allowed me to then go and build my own things. I honestly don't think I could have been able to do it backwards—like, no way could I have started building my digital product from day one and had it be successful. No way.
I highly recommend freelancing for the type of business you want to start first. Get paid to learn. If you want to start an Etsy shop, go and freelance for an Etsy shop owner. Be their assistant. Learn. See what they're doing to drive traffic, what types of products sell, what types of products don't sell, and what kind of systems they have.
Here are some expectations versus reality of building multiple income streams:
1. **It's super easy and quick to make something that will make hella money.** It's not true. It takes months or years of hard work to create something of value that is actually differentiated in the market.
2. **Build this once and then make money while you sleep.** It's just not true. 95% of my digital products require constant maintenance and traffic investment—whether that is organic traffic (making free content like this) and paying my team to help me make free content, or paid content (putting money into advertising to drive traffic to your product).
3. **Just sign up for tons of affiliate programs and make a pile of money.** There are so many prerequisites. Either you already have to have an audience, or you have the skill to build an audience, or you have to have the money to invest in getting an audience.
Let me go through my business-related income streams first, and then I'll go through my creator-related income streams.
Now, my big disclaimer: this is revenue, not profit. That's very important. I have to say that. I have to pay my team, tools, software, training, mentors, pay for advertising, etc. This is not how much money I make personally. If you want to know more about the costs of running my business, I made a video on that last year. You can go watch that if you want a more complete picture of what's going on in a business financially.
One of my biggest revenue streams actually came from something I resisted making for a very long time, and that is an online course.
Now, I know that online courses have a bit of a reputation online, and I understand why. I have also bought some really bad online courses before, and I believe that in the online course industry, we need more quality control and transparency and all that.
So, if you bought a bad course and you couldn't get your money back, I'm truly sorry for that. But my course is not like that. My course is amazing.
I also actually made a little slide—your honor, please slide—about why I'm a good course creator. There are a lot of us out there. There's a big scale of scammy, gross course creators who are just trying to rip you off your money—horrible people—and good course creators who are trying their best and just want to teach what they know.
If you want to read this slide, you can pause and read it, and then you can judge for yourself: guilty or not guilty?
Okay, so on to my online course. The DBM Boot Camp teaches project team and operations management—basically all the skills I learned managing businesses for my clients.
We teach things like project planning, hiring, onboarding team members, training team members, keeping remote teams happy, and creating systems, SOPs, and workflows.
So, this course brought in roughly $170,000 so far—up to December 1st, because I'm filming this early in December, so I couldn't get you the full December data, obviously.
But yeah, you can see here I put a little screenshot. If you total up all of the different tiers—also interestingly, I have three different tiers for my product, so three different levels of support that people can opt for. Tier three is always by far the most popular, which is interesting because it's the most expensive.
Originally, I had put in three tiers because I was like, "Oh, it's that pricing psychology thing that they teach you where if you have a tier three, it makes people more likely to go for tier two." But that has not been the case in my situation. Interesting.
So, yeah, effort required, I would say it's like a four out of five.
**Pros** when it comes to online courses: I love knowledge sharing. If it isn't evident, I love teaching. I love educational content. I have gotten the most amazing testimonials from students about them making more money, about them being able to quit their 9 to 5, about them being able to support their families.
My big vision is to help women make more money—specifically, put more women into positions of power. Big shout out to DBM Boot Camp, the sponsor of this video. Shout out to you! Thank you so much. They are the reason I can do this. I can sit down, take the time, and pay my wonderful team to help me with these videos.
Obviously, also, online courses are very scalable because before I made an online course, I was having one-on-one conversations. Every time somebody was like, "Hey, can you tell me more about what you do and how you started and what you learned?" I was like, "Sure, let's hop on a call," and I would just tell them everything.
Then the next person would ask me, and I would have to hop on a call and tell them again. That was just not a scalable way to share education or knowledge.
Also, online courses have great profit margins because there aren't really that many costs or expenses associated with each sale. All the costs we have are—we send some gifts to students when they join. If they opt to have feedback from a Capstone coach, then I have to pay the Capstone coach, obviously.
**The con:** First of all, it's not really a con; it's just like my lesson: idea validation is non-negotiable. Do not make an online course if you have not made sure that people actually are interested in the topic you're making an online course for.
Because, like I said, I think the market is getting quite flooded. For example, an online course like "How to Start a Business" is just not competitive enough. It should ideally be a little bit more specific, a little bit more niche, differentiated in some kind of way.
So, how I validated my course was I heard demand from both sides. I heard it from junior freelancers—like virtual assistants—who were messaging me and they were like, "Hey, I heard you're a business manager, you're a fractional COO. How did you learn those skills?"
I also heard feedback and demand from business owners who were like, "I want to hire you," and I was like, "I'm fully booked." They were like, "Okay, well, can you recommend someone who does exactly what you do?" And I was like, "I don't think so. I don't really know anyone who does exactly what I do."
That's when I was like, "Okay, there's demand from the business owner side and from the people that want to upskill." Like, there's a way to bridge the gap.
The cons: It's very hard work in the beginning. I spent six months working super hard on the side of my freelancing full-time—every evening, hours and hours and hours.
It requires a bit of initial startup investment. I don't want to say—I think it was less than $1,000. I don't super remember; it could have been $1,000 to $2,000. But yeah, it takes initial startup investment to build—for me at least—to build the website, for branding, for help with getting the content all set up, tech setup, that kind of stuff.
It probably takes a little while to be profitable, like most things you sell, because you need time to figure out what the funnel should look like, what people respond to, and the marketing messaging.
The most honest thing I can tell you is this is not beginner-friendly. I spent years, like I said, working behind the scenes, and a lot of my clients were course creators. So, that is what gave me the experience necessary to actually go and build a successful course business.
Awesome! So, that is the first one—that is the first big kahuna.
Now, another lesson I want to share here is that people love to say, "Build it and they will come," especially about digital products. They'll be like, "Oh, just build the online course," and they make it seem like the creation of that digital product is the big work. But that's just not true.
They will not come unless you have a traffic strategy. I know a lot of people who are making digital products because these gurus are telling them it's super easy to make mad money. Then they make it, and then they struggle, and they think something is wrong with them.
There's nothing wrong with you; it's just a lot harder than they tell you it is.
All right, on to the next thing that I have, which is a membership. I have a paid Slack community for students, and that made about $144,000 this year. I will say effort is a four out of five as well.
**Pros:** You can foster a super cool community. I love hanging out there. I love my students. I think they're all super cool and interesting. It's also pretty semi-passive; it doesn't require a lot of active delivery. It's more like checking in every day, and it's pretty flexible to your schedule.
And recurring income! But I have a lot to say about memberships when it comes to cons because I have also worked behind the scenes of a lot of big memberships.
The reality of the situation is it requires—and I know you know this—maintenance and continuous value add to the audience. They're thinking to themselves every time they see that money leave their bank account, "Was what I got this month worth it?"
This means there needs to always be some sort of value add, whether that is information, support, or one-on-one access to you, which is very different from one-off digital products.
With that, the value add is like it's there; it's finished. But with a membership, you know, it's like—this is the best way I can show you guys: do not start a membership, especially if you are a beginner. I don't recommend it for beginners.
I think it is a huge commitment to make to sign yourself up to deliver something recurring forever. I highly recommend instead doing a smaller version—doing a workshop maybe once. See how you feel about that.
All right, next up is workshops. Workshops made me about $44,000 this year. I consider them essentially just like one-hour-ish video trainings.
So, effort required, I would say this is also a four out of five.
**Pros:** Obviously, a scalable way to share knowledge and skills. It's very easy to deliver low-maintenance work because once you make it, you don't really have to maintain it unless something about the topic that you're teaching changes.
It can be a very specific promise. I feel like sometimes with online courses, because they're much bigger, the promise gets a little bit vaguer. But with a workshop, I feel like you can teach something hyper-specific.
For example, one workshop that I created with a student this year was how to launch and manage masterminds for your clients.
**Cons:** It requires a traffic strategy. This shouldn't come as a surprise. I feel like this is what I want tattooed on my forehead after this video: traffic strategy! Don't forget about traffic strategy.
It requires tech setup. You also need proper product validation. That's another thing I want tattooed. I might be running out of space! You need validation, and you need a traffic strategy.
That's what I wish I could—you know, any kind of big company you see, just Nike or whatever, Sephora—they do not make products. They do not invest money into creating products unless they're sure that the market is interested and the market will buy it.
That's you. You have to do that on a smaller scale.
These are more work than I anticipate and estimate every single time, so just keep that in mind.
All right, next thing is tools and templates. Those are things like, for example, the Notion Business Book Club database that I made this year.
I have a whole video about how I made that one. I consider anything a tool if there are ways for the audience to interact with it and kind of filter it or make it their own. Templates, I consider more things like email templates, graphic design templates—things that are like copy-and-paste, ready to go.
This made about $5,000 this year, so effort required, I would say, is a three out of five probably.
What I love about tools and templates, when you compare them to things like information products like courses and workshops, is I like that it is immediately actionable and it saves the customers time immediately.
They don't have to go and consume a bunch of content and learn something. It's also, I think, one of the most passive things after the initial setup and work. It's easy to deliver and not much maintenance work unless you have to make occasional updates.
Like for my Business Book Club, sometimes I add in new books that I read or new lessons that I learn. But generally, the main asset is done.
**Cons:** Requires serious traffic strategy or maybe some type of funnel if you want to sell it regularly. Needs proper product validation. Specifically, of all digital products, I will say this one I think the market is the reddest.
Go to Etsy, type in templates—there are thousands of things there. So, you need a differentiator of some kind. You have to be able to answer the question: why would they buy your thing over somebody else's? And you need to be able to answer that quickly and very thoroughly.
And now it's time for my product of shame! My product of shame this year is my salary raise and increase email template, which made $14—two whole sales of $7 each. Honestly, I should be shamed because I just didn't promote it.
So, yeah, actually, it's person of shame—me! Sorry!
All right, next thing that I have available for sale are bundles and kits. That is where I bundle a bunch of stuff together and sell it like that.
I have some examples that I sell here on the screen, like the client onboarding kit—everything you need to onboard a client; the hiring a freelancer kit—everything you need to hire a freelancer; the landing client kit—everything you need to land clients.
All of these bundles and kits together made about $4,000. I will say effort required is probably also a three or four out of five.
**Pros:** It's pretty passive after the initial setup. So, yeah, unless you need to maintain something of it.
**Cons:** Requires traffic strategy, requires product validation. See, if I had the tattoo, I could just point to it!
I will say about kits and bundles, I'm always like, "Oh, this is so smart! Instead of selling a one-off template, I'll just sell a kit, and it'll be branded around the job to be done versus a one-off thing."
It is always more work than I expect—it's like at least twice as much more work than I anticipate, and I'm a good estimator, I think.
All right, so now comes the lesson here: what I think you should prioritize if you feel very called to create digital products.
Okay, this is the order in which I would focus on things:
1. **Product validation:** Do people actually want to give you money for this thing?
2. **Product quality:** Is this thing you're creating actually good? Especially in digital products, because there is so little quality control.
Like I was saying with online courses, you have to make sure that it is good enough to solve the problem that you are promising it solves. Product quality is the foundation of everything else.
You could have the best marketing, best sales, best traffic in the world, but if your product sucks, it's not going to go anywhere.
3. **Traffic strategy:** How will people find this on a recurring basis? How will people find it? Because, like I said, it is not "build it and they will come." Build it, and they will not come at all unless you tell them about it over and over and over again.
Right now, we've talked about digital products. Let's move on to some of the more service-based stuff.
So, the first one is one-on-one coaching. I offered that this year in the form of Voxer access to me to some select students that opted for this.
For those of you that don't know, Voxer is a voice and text messaging app. So, they just send me any questions or what they're stuck on or what they need accountability on, and then I just reply to them basically.
This generated about $24,000 this year. I would say effort is like a four or five out of five.
**Pros:** It's fun when done with the right people. So, when you enjoy the people that you are coaching, it's very fun because they're very cool, and you're really impressed by them and everything.
So, that's awesome, and it can be very fulfilling in the sense that the coaching can be very impactful for your students or clients.
**Cons:** I think it's a relatively high barrier to entry because you need an audience or some sort of credibility to be able to do this.
I would not have been able to do this, I think, in my first two or three years until I had gained enough knowledge to be like, "Oh, this is what I can help people with, and this is what I can help them problem-solve."
Also, I mean, this kind of depends on your personality type. I'm on the introverted side, so it can be a little bit draining energy-wise.
All right, next one is freelancing. So, freelancing, I scaled all the way back once I started my digital product business. But actually, last year, I decided to sign a business manager client again because I was auditing my course, DBM Boot Camp, and I wanted to be sure that I wasn't somebody who was like so out of touch from what they teach in their digital products.
You know, I was like, "I'm auditing the course. I want to make sure that I update the course with what I currently, in 2024-2025, would be doing with clients as well."
So, I took on a DBM client on a very small basis, but I love her. She's an amazing, super cool business owner, super cool content creator. So, yeah, I'm really enjoying helping her with project management, launch management, managing her team—all that good stuff.
So, yeah, that generated about $7,000 this year. I also did a little bit of consulting for other people's businesses, but yeah, $7,000 with very, very little time commitment.
Basically, effort required is very high effort. It's like one-on-one service—that's always the highest requirement in my opinion.
**Pros** here: Obviously, with all things freelancing, I'm a huge fan girl. So, freedom, passion, interest, very low costs and expenses. You get to work with tons of cool clients. Going behind the scenes of their business is super interesting because you're like, "I want to know how everything works."
**Cons:** It's trading time for money if you are hourly. So, of course, there are other ways of structuring your freelancing that aren't hourly.
For example, deliverable-based or project-based, where you just promise to deliver something specific, and then it doesn't really matter how long you do that.
It's also stressful if you work with bad clients, so that's very important. If you're not careful, there can be big cons. But if you're careful and you have the boundaries in place, then you'll probably be fine.
So, yeah, you have to watch your boundaries. You have to manage yourself. You have to have clear scope. I have videos on all of these things if you need help with all those things.
But my lesson here—and I really think this is interesting—is the 80/20 is real. 80% of your results come from 20% of your input.
For me, if you look at this income stream graph, I mean, you can see the 80/20, right? Like a tiny portion of my offering makes up at least 80% of my income.
So, do not divide your attention, time, and energy into 10 different paths. Focus on one, which is what I did with DBM Boot Camp. I focused on it very intensely for a very long time.
I set up the right systems, I set up the right product validation, I set up the right traffic strategies, and I still invest heavily into the traffic strategies.
So, most of my energy also goes to DBM Boot Camp and then creating systems for it, then diversifying into other income streams.
That is like one of the biggest takeaways I want you to have from this video: make sure you are not starting 15 different things at the same time. That is doing yourself a disservice because you don't even give yourself enough time and energy to get good at one thing.
All right, so now let's talk about creator-related income streams because I did not realize this until somebody said to me earlier this year, "Oh yeah, Day, as a YouTuber." I was like, "What? A YouTuber seems drastic of an identity."
And they're like, "You've been making YouTube videos weekly for like years, haven't you?" And I'm like, "Yeah, but I wouldn't call myself a YouTuber."
There are differences to being a content creator and being a business owner, for sure. So, I want to talk about the income that comes from content creation as specifically separate from the business side, essentially.
Okay, so in 2016, like I said, I started freelancing, right? In 2021, I started uploading videos about freelancing twice a week on YouTube. Then, a year after, my YouTube was monetized. So, I made like 50 to 100 videos before my YouTube was monetized, just for context.
Then, in 2023, I started taking TikTok more seriously. I posted more, and this year I started making money through the TikTok creative program.
So, let's talk about it. YouTube AdSense: roughly this year, I made about $22,000. I would say effort for YouTube is one of the hardest things I've ever done. I'll be super honest. I did not expect YouTube to be this much work.
Luckily, the pros are I enjoy it. I really enjoy it. I find it very interesting. I find it fun. I love the educational content. I love structuring content. I love working with my team. I love reading comments and talking with you guys.
I feel like once I got into this mindset of like, "I'm building my dream business friend community on YouTube," that's when I was like, "Oh, this is fun!"
So, yeah, I get to learn a lot of valuable skills that I find very interesting: planning, editing, visuals, thumbnails, scripting, design. It's a lot of human psychology related to YouTube as well, so I love that.
Growing a community of people that love what I love—I love that! Cool new friends! Yeah, very cheesy, but love it.
I think YouTube has one of the best creator monetization programs that I have seen of most of the social media platforms.
YouTube, I think, has way more longevity than other forms of content, like short-form content. Your backlog on YouTube is extremely valuable. I almost treat it like a portfolio.
People will sometimes find my video and then be like, "I watched all your other videos." With YouTube, the search engine is quite good, and it's also on Google that if people are looking for something and you have good keywords in some of your older videos, that gives it a chance to succeed beyond the first, whatever, two weeks.
**Cons:** It's not as easy as it seems to make livable money. It took me years to make livable money from YouTube, and it is a bit unpredictable as well.
So, you can see here, even in the graph, that like middle of this year, we had a bit of a pop-up off here on YouTube. So, I made great money in those months, but then it dips back down.
So, yeah, roughly now it's like $1.8K to $2K a month, which if I were to scrimp, I could live off of that. But yeah, I need to use that to pay my YouTube team, so I can't use that to live off of.
Another one: it's a very, very long-term game. Yeah, you could make content for months or years with very few viewers and zero, and that's just a commitment you have to make if you feel deeply called to do it.
It's more complicated than I originally thought. It's definitely way more complicated. YouTube has way more skills involved than I originally thought. I thought it was just make good content; the rest will figure itself out.
TikTok paid me—I don't think I'm allowed to say exactly how much—but they paid me less than $500 this year.
This year, I also did a 100-day posting challenge, so I posted at least 100 times on TikTok this year.
Girls, it's easier for sure! Obviously, lower barrier to make short-form content than long-form. Long-form YouTube videos take us hours and hours and hours and hours, and me and my team—short-form, I'll say maybe it takes like 20 to 30 minutes if I try really hard to make one short-form video.
And you can do it with your phone, so very low barrier to entry.
**Cons:** It takes a while to get good at the skill. Like most skills, it takes time to figure it out and to figure out what people want to hear from you, to figure out the hook, to figure out pacing.
And also, honestly, very little money from the TikTok monetization program, to be very frank.
Yeah, and very unpredictable. You do not know what will pop up. There was one video I was sitting on for weeks and weeks and weeks, and I was like, "Oh, I don't know if I should post this. I don't know if people will like it." Now it's my most viewed video, and it has generated the most amount of revenue.
All right, affiliate—I will just say the caveat here is I did not take this seriously. So again, shame, shame on me. But I just never take affiliate marketing that seriously.
I'm like, you need so much to make it work. A lot of affiliate programs pay you peanuts, and you just need such big volume that I'm like, if I focus too much on this, it will draw away focus from the 80/20 products.
Everything you choose to do comes at a sacrifice to something else.
I think it's generally easy when it's done authentically and ethically, and you can promote products you genuinely like. Like, I love it when fashion creators show me cool outfits, and they're like, "I linked all of these items in my link in bio," and they affiliate links. I love that.
But the cons here is you need an audience or serious traffic strategy to make good money from this. Like I said, if they pay you so little—like sometimes it's like a couple cents for different things.
What I have found works pretty well—and what most of this comes from—is me mentioning tools that I use in my business and then including an affiliate link.
For example, I use tools like Notion, so I have a Notion affiliate link. So if anybody ever pays for Notion and goes on a paid plan, then I get a small cut of that.
Airtable has an affiliate program. For every person that I recommend, they give me $10 credit in Airtable. So I have like $5,000 Airtable credits because I've referred hundreds of people to Airtable.
But you can't cash that out; it's like credits in Airtable. So I will be using Airtable till the day I die for free, I think.
Yeah, I have a big list of affiliate links, and you know what? I'm going to put them all in the description box. So if there's any tool you want to use that I use and you want to use my affiliate link, that would be super cool. But obviously, no pressure—don't buy anything you don't need.
And you don't have as much control over affiliate stuff because you don't control the products as much as if you sell your own stuff, so that's another con that I would mention.
So those are my income streams. Those are roughly how it breaks down. You can see DBM Boot Camp is roughly 62.4% of the income stream from the past 11 months.
Again, I did this from January 1st to December 1st because I'm filming this in the first week of December, so I can't get you all of December's data. I'm very sorry.
And then it was one-on-one coaching, then it was YouTube, then it was royalties—which, sorry, I forgot to mention—but the side business that I started with my partner, Max, we license the products that we created to other websites, and they pay us royalties based on how many people consume the products that we licensed to them.
So, that's what the royalties are, just so you know.
Cool! So let's talk 2025.
So, staying in 2025, obviously DBM Boot Camp—I love it. It's my baby; it's my pride and joy. YouTube—I love YouTube. I enjoy TikTok as well. I think I will dabble in it a bit more, but I don't think I really take it seriously as a monetization strategy or like an income stream.
So, I'll just do it if I enjoy it, but I'm not going to take it that seriously.
Affiliates—starting with me putting all the affiliate links I have in the description box, I'm going to take it more seriously in 2025 and see what happens, and I'll report back.
Also, smaller one-on-one offers. I think this year offering Voxer access was really nice for me. I really enjoyed it, so I think I will do a little bit more of that in the future.
I think it gets people better results sometimes when they can get a quick answer from me directly.
Doing less of next year: low-priced products. I mean, you can see like most of them felt required so much work, and it's not that you can't make great money from low-priced products; it's that you need to go all in on low-priced products.
You have to fully invest in building yourself out as a shop, or you need to have really good product validation and ideation and making sure that your products are actually going to fly off the shelves.
So, it's not that they don't work. I know people who run multi-six-figure or even seven-figure businesses selling low-priced products. It just takes a lot of time and dedication.
And like we always talk about, your time and energy is finite. So, everything you put into one product is something you're taking away from another product.
I'm also going to do less kits and bundles—same reason. They're way more work.
DIY courses—I also feel this is my little gut feeling. If you've stayed this long, you can hear my little conspiracy theories about online business, but I actually think DIY courses are slowly becoming less popular because people are looking for accountability, action-taking, and new things.
Next year, I want to potentially do brand sponsorships. I am about to sign—I mean, knock on wood, it's going to happen—but I'm about to sign a contract for my first-ever brand sponsor here on YouTube. Very exciting! We're outlining the videos right now, so that's probably going to happen early next year. We'll see.
Profit sharing—if you have watched some of my past videos, you'll know that I am in the process of helping my video editor, Maya, make a course, and we are going to do some sort of profit share for that.
I think that's a really cool model because I really believe in her. I'm investing in her building this product, and then, yeah, I will be sharing the profits with her, hopefully.
And potentially podcast ads. So, potentially, if there is a new podcast coming next year with one of my friends, if there is that, then potentially sponsorships in the podcast.
And potentially, I want to do more live sprints and live workshops. Yeah, I just feel like live is going to come back a little bit.
Now, if you want to see how much money it takes to run my business—AKA how much I pay my team members, how much I pay for tools, what kind of tools I use—all of that good stuff, then you can watch that video here.
And as always, thank you so much for hanging out, and I hope to see you in the next one.
Okay, bye! Bye-bye!