In this “5 REAL Passive Income Sources I’m Personally Using ($12,000 / Month)” video, Spencer shares the passive income sources that he personally use to generate $12,000 per month!
That’s amazing, right?
Have you noticed he says passive??? That’s the key word…
I’m sure you’ve seen a ton of “passive income” videos and articles out there, but most of them are complete BS. They either don’t show you how much work is actually involved, or they’re just flat out lying about their results.
Spencer is different. He’s actually doing it and he’s sharing exactly how he’s doing it.
Let’s take a look at his 5 sources of passive income…
5 REAL Passive Income Sources I’m Personally Using ($12,000 / Month) Overview
Well… I have a wild dream of making $12,500 per month with affiliate marketing.
I am not comfortable with showing my face yet thus why I choose the blogging route.
With the help of Jasper AI of course.
Without that, I would have to put in long hours of content creation, SEO, and graphics.
Alright, let’s find out Spencer’s secrets!
- YouTube Channel
- Digital Course
- Affiliate Marketing
I’m not into altcoins or staking, but I do know that it can be quite profitable.
Spencer uses Yieldnodes and in the video he briefly explains how he did it.
Apparently, all you have to do is “set it and forget it”. You don’t have to do any maintenance or anything… just let it run and collect your profits.
I’m not an expert on this, but it seems like a pretty sweet deal. And apparently Spencer is doing quite well with it… he’s making quite decent money from it.
This is something I have been working on.
I have my set up ready.
But I have not started.
I think it is the fear of putting myself out there that is holding me back.
But I will start soon.
In the meantime, Spencer has a YouTube channel where he shares his story with the world and makes some good money from it.
This is something that I have been thinking about for a while now.
I have the knowledge and experience in a particular field.
I am quite confident that I can put together a course that can help others.
But, again, it is the fear of putting myself out there that is holding me back.
Spencer shares his story of how he created a digital course and how it is helping him generate some good passive income.
If you are thinking about creating a digital course, then this video will definitely give you some motivation.
In case you are not aware. Spencer Mecham actually has one of the best course on Affiliate Marketing.
If you are interested in learning more about it, then I would highly recommend checking out his course.
This is another thing that I am not into, but it seems to be working well for Spencer.
Basically, you can stake your cryptos and earn interest on them.
Again, from what I understand, all you have to do is “set it and forget it”.
Spencer is doing quite well with this passive income stream and is earning a decent amount of money from it.
If you are into cryptos, then this might be something you want to look into.
One of my favorite passive income streams.
Not really passive in the beginning. You actually have to put in some work.
But once you have a solid foundation, it can definitely become passive.
My strategy is to create content (Blog) like this one.
I would then promote affiliate products that I use or believe in.
For example, this website is literally created based on Spencer Mecham’s content.
What I do is merely add some sort of opinions on top of it and republish it.
Here is a breakdown of how my affiliate marketing business works:
- I find an affiliate product that I like and believe in.
- I create a blog post or a video around it.
- I promote the affiliate product using my blog post or video.
- If someone buys the product, I get a commission.
- Rinse and repeat.
It is a pretty simple process, but it definitely takes some work in the beginning.
As I mentioned earlier, once you have a solid foundation, it can definitely become passive.
And that is exactly what Spencer has done. He has built a very successful affiliate marketing business.
Final Thought – Spencer’s 5 REAL Passive Income Sources I’m Personally Using ($12,000 / Month)
Well, there you have it. These are the 5 REAL passive income sources that Spencer Mecham is personally using to generate over $12,000 per month.
Personally, I am most interested in the affiliate marketing and digital course businesses.
But, again, it really depends on your interests and what you are looking for.
If you are interested in learning more about Spencer’s story, then I would highly recommend checking out his YouTube channel.
Thanks for reading and I hope this was helpful.