How I Make $1.2 Million A Year Online

Journey With The Hintons
18 Jul 202413:59

TLDRMonique shares her journey of making over $1.2 million a year online, detailing her income sources including e-commerce, digital products, affiliate marketing, and YouTube. She emphasizes the importance of promoting products you believe in and offers tips for beginners, such as using free tools for market research and design. Monique also discusses the benefits of high-yield savings accounts and credit card rewards, while highlighting the hard work and dedication required for such success.

Takeaways

  • 😀 The speaker made over a million dollars in a year using just their phone and computer.
  • 🏠 They were once laid off, almost lost their home, and quit a new job, but bills kept coming.
  • 💻 The speaker encourages others to consider new ways of making money, inspired by their own journey.
  • 🛍️ E-commerce, specifically print on demand and digital products, is one of their income sources.
  • 📈 They recommend using free tools like Chat GPT and Canva to identify products and create designs for e-commerce.
  • 💰 Affiliate marketing is another significant income source, averaging about $30,000 a month.
  • 📚 They emphasize the importance of promoting products they believe in to maintain trust with their audience.
  • 🎥 YouTube is their biggest source of income, with earnings ranging from $35,000 to $67,000 in a month.
  • 💳 They also earn income from high yield savings accounts and premium banking accounts, making about $3,000 a month.
  • 💳 Credit card rewards and cash back are additional income streams, but they caution against incurring debt for rewards.
  • 🏦 The speaker is exploring other income streams like investments and real estate to diversify their earnings.

Q & A

  • How much money did the speaker make in the last year using online methods?

    -The speaker made over a million dollars in the last year using online methods.

  • What are the primary activities that allow the speaker to earn money while traveling?

    -The speaker earns money through e-commerce, selling print on demand products and digital products, affiliate marketing, and YouTube.

  • What is the speaker's first income source mentioned in the script?

    -The first income source mentioned is e-commerce, specifically selling print on demand products and digital products.

  • How does the speaker describe the process of selling digital products like guides and courses?

    -The speaker mentions creating and selling digital products such as editing guides and courses, highlighting that she made $7,000 in one night from a course.

  • What tools does the speaker recommend for starting in e-commerce and digital product sales?

    -The speaker recommends using free tools like Chat GPT for product ideas, Canva for creating designs, and print on demand platforms or websites like Etsy for selling.

  • How much money does the speaker make on average through affiliate marketing per month?

    -The speaker makes an average of about $30,000 a month through affiliate marketing.

  • What is the speaker's biggest source of income according to the script?

    -The speaker's biggest source of income is YouTube, where she earns money through Google.

  • What advice does the speaker give about promoting products in affiliate marketing?

    -The speaker advises only promoting products that one believes in and warns against promoting products one does not like, as trust is crucial in affiliate marketing.

  • How does the speaker describe the potential of a faceless YouTube channel?

    -The speaker describes a faceless YouTube channel as a viable option for beginners, mentioning that many people are making thousands a month with this approach, even using AI for voiceovers.

  • What additional income streams does the speaker mention besides online activities?

    -The speaker mentions income from premium and high yield savings accounts, as well as rewards from credit card usage.

Outlines

00:00

🌐 Digital Entrepreneurship Success

Monique shares her journey of making over a million dollars in a year through online ventures, emphasizing that this is a consistent annual achievement. She discusses the freedom and flexibility this lifestyle provides, allowing her to travel and set her own schedule. Monique clarifies that her intention is not to brag but to inspire viewers to consider alternative income streams. She recounts her personal struggles, such as job loss and financial instability, which led her to explore the internet's potential. Monique introduces her series, 'The Money Hive,' where she shares stories of financial success, and decides to share her own experiences, particularly focusing on e-commerce. She highlights the ease of selling print on demand and digital products, suggesting tools like Chat GPT for market research and Canva for design creation. Monique also mentions the importance of starting with minimal investment and provides resources for further guidance.

05:01

💰 Passive Income through Affiliate Marketing

Monique delves into the lucrative world of affiliate marketing, where she earns an average of $30,000 per month. She explains that this income is largely passive, as it is earned through promoting products and earning commissions on sales or sign-ups. Monique stresses the importance of promoting only products she believes in, maintaining trust with her audience. She highlights the potential of platforms like TikTok for beginners in affiliate marketing, especially with its new affiliate program. Monique also mentions other affiliate programs, such as Amazon and Impact.com, and plans to share more about this topic in future videos. She concludes by revealing her largest income source, YouTube, and the significant earnings she has made from it, encouraging viewers to consider the power of social media for generating income.

10:03

🏦 High Yield Savings and Credit Card Rewards

Monique discusses her income from high yield savings accounts and premium banking, which offers a 4.25% return rate. She advises viewers to maximize their savings by choosing the right banks and emphasizes the potential of this method to generate significant income, even for those with modest savings. Monique also mentions her earnings from credit card rewards and cash back, cautioning against using credit cards irresponsibly. She advocates for paying off balances in full each month to avoid debt. Monique hints at other income streams she is developing, such as investments and real estate, and encourages viewers to subscribe and engage with her content for more insights into building wealth online. She acknowledges the challenges and hard work involved in her journey, but expresses gratitude for her achievements and the opportunity to share her experiences.

Mindmap

Keywords

💡E-commerce

E-commerce, short for electronic commerce, refers to the buying and selling of goods or services using the internet, as well as the transfer of money and data to execute these transactions. In the video, the speaker mentions that they make a significant portion of their income through e-commerce by selling print on demand products and digital products. This method allows them to leverage online platforms to reach a wide audience without the need for physical inventory.

💡Print on demand

Print on demand is a business model where products are manufactured or printed only when a customer places an order, reducing the need for inventory and upfront costs. The speaker in the video utilizes this method to sell a variety of items such as t-shirts, pillows, and wall art, which are only produced when a customer purchases them, allowing for a flexible and cost-effective way to run an online store.

💡Digital products

Digital products are intangible goods that can be distributed and sold online, such as e-books, courses, or guides. The video script highlights that the speaker has created and sold digital products like editing guides, which are a source of income. This type of product offers the advantage of being easily accessible and downloadable by customers, providing a convenient way to generate revenue.

💡Affiliate marketing

Affiliate marketing is a performance-based marketing strategy where an individual earns a commission for promoting another company's products or services. The speaker mentions that they earn a significant income through affiliate marketing, averaging about $30,000 a month, by promoting products they believe in and earning a commission when people make purchases through their referral links.

💡TikTok

TikTok is a popular social media platform known for its short-form videos. In the context of the video, the speaker discusses the potential for making money through TikTok, particularly by participating in its affiliate program. This platform is highlighted as an opportunity for beginners to start earning income by promoting products and engaging with a large, active user base.

💡YouTube

YouTube is a video-sharing platform where users can upload, share, and view content. The speaker reveals that YouTube is their largest source of income, with earnings coming from Google, which owns the platform. They discuss the power of social media and how they leverage YouTube to generate significant revenue, highlighting the importance of content creation and audience engagement in this space.

💡High yield savings account

A high yield savings account is a type of savings account that offers a higher interest rate than a traditional savings account, allowing for greater returns on deposited funds. The speaker mentions receiving income from their high yield savings account, emphasizing the importance of choosing the right banking options to maximize the return on savings.

💡Credit card rewards

Credit card rewards are incentives offered by credit card issuers to encourage card usage, often in the form of cash back, points, or travel benefits. The speaker discusses earning money through credit card rewards, but cautions against using credit cards irresponsibly, emphasizing the importance of paying off the balance in full each month to avoid debt.

💡Faceless YouTube channel

A faceless YouTube channel is a type of channel where the content creator does not appear on camera, often using voiceovers or text overlays instead. The speaker recommends this approach for those who are uncomfortable being on camera or do not wish to reveal their identity, suggesting that it can be a viable way to generate income through YouTube.

💡Investments

Investments in the video refer to the act of putting money into financial assets with the expectation of generating income or achieving capital appreciation. The speaker mentions that they are working on other income streams, including investments and real estate, indicating a diversified approach to generating wealth.

Highlights

Monique has made over $1.2 million in a year online using her phone and computer.

She emphasizes that her success is not to brag but to inspire others to consider new ways of making money online.

Monique was once in a challenging financial situation, having been laid off and almost losing her home.

She shares her journey of not giving up and now being able to help others achieve financial freedom.

E-commerce, specifically print on demand and digital products, is one of her income sources.

Monique has successfully sold a variety of products, from t-shirts to digital guides and courses.

She made $7,000 in one night from selling a course.

Affiliate marketing is another significant income stream, averaging $30,000 a month for Monique.

Monique only promotes products she believes in to maintain trust with her audience.

TikTok is a current hot spot for affiliate marketing, especially for beginners.

YouTube is Monique's largest income source, where she made over $67,000 in a single month.

She quit her six-figure nurse practitioner job to focus on YouTube opportunities.

Monique recommends creating faceless YouTube channels for those uncomfortable being on camera.

She successfully tested a new faceless channel, gaining over 100 subscribers in less than 7 days.

Monique also earns income from high-yield savings and premium accounts, making about $3,000 a month.

She advises against using credit cards for rewards if one cannot pay off the balance each month.

Monique is working on additional income streams, including investments and real estate.

She emphasizes the importance of hard work, dedication, and time investment for online success.