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EXPOSED: Passive Income - The 6 Dirty Myths They Never Told You

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▸ [FREE] 🔥FREE BOOK: "The YouTube Success Formula" Discover The 31 Tactics To Start A Six Figure YouTube Channel From SCRATCH | https://bit.ly/2E4OhMh ► Join The Refusing to Settle Mastermind https://goo.gl/wsNnwu ► Free 11 Questions to Change Your Life http://refusingtosettle.com EXPOSED: The Passive Income Myth — 6 Things They Never Told You Ahh passive income, the holy grail. Click a few buttons and sip pinna collides all day? Not so fast. In fact, If you don’t get what I’ll share with you in this short video, you’re in for a rough ride. Here is the dirty truth when it comes to making passive income. Got what it takes? Here are 6 things no one told me before pursuing passive income that I wasn’t expecting. Making this video to dispel some of the bullshit floating around out there about it — what to REALLY expect if you’re committed to making money online. Hey refusers, Clark from refusingtosettle.com. I’ve been online since 2011. Read 4HWW obsessed with leveraging power of the internet. Dreams and learning about millionaires. Clicking buttons checking in internet cafes. Sounded like my lifestyle. Then I tried it…. MUCH harder than I thought. Fast forward to now, fluctuates but make average of $6,000 month online, (some months $12k others $3k) most considered passive. What I want to share with you in this video. No bullshit about passive income. Disclaimer: niche I am in: SOLO Entrepreneur — digital content marketing: blogging, podcasting, video, online courses, email marketing, publishing, SEO, etc. Other kinds (I won’t touch on in this video): real estate, stocks, businesses, drop shipping, amazon FBA, etc. 1. Takes TONS of Active Effort to Set Up i.e. have an online course — took me 40 hours x week for 4 months to set up. Took me five years to amass a following to sell it to. Took me five years and thousands of hours to develop the skills to talk about content. Took me hundreds of videos to get credibility. YES. It takes WORK. It’s worth it in the end: Possibility. Scaleability. Flywheel. i.e. sell $47 prod at 3% to list of 3k built up over 12 mo = 90 sales ($4,230) i.e. sell $47 prod at 3% to list of 30k built up over 24 mo = 900 sales ($42,300) i.e. sell $47 prod at 3% to list of 300k built up over 60 mo = 9,000 sales ($423,000) 2. Takes Active Maintenance i.e. My YT channel here — if I don’t post video? not as many sales, not as fast of growth, in 2017 NEED to stay relevant. Your constant content is like heart beat contracting — circulates existing blood throughout body. 3. Takes A FUCK LOAD of Patience Long term game. Most books trying to tell you otherwise. 4. Takes A Brand — Differentiation You can type on a keyboard… so can EVERYONE else! what makes you different? In 2017 — it takes a BRAND not just content. i.e. self-help space — no degree, no credentials, high burnout. Everyone can talk about these motivational ideas. Everyone knows a “life coach” — how many people use them? 5. Takes Adaptation Cell phone from 2005 — would still work…. not well. Need to constantly update you model.i.e. Facebook ads. Instagram platform. Snapchat. These things evolve. Can’t escape the change, you will ALWAYS be in this. 6. Bonus: Don’t Write off Active Income i.e. coaching and consulting — not passive. It’s hourly. I love it. Stop settling start living Clark SPECIAL ANNOUNCEMENT! Video Breakthrough Academy is now LIVE! Enroll now and learn how to start, grow, and make passive income off your YouTube channel ► https://www.myvideobreakthrough.com Master Journaling ► http://www.mybestjournal.com NEW RTS FB Mastermind Group ► https://goo.gl/wsNnwu ✖︎ YOU MAY ALSO LIKE Journaling Series ► https://goo.gl/e6j6H6 The BEST OF Series ► https://goo.gl/5Spvy6 How to Get Rich Series ► https://goo.gl/Q7wbc5 ✖︎ SOCIAL Join the NEW RTS FB Mastermind Group ► https://goo.gl/wsNnwu Blog ► http://www.refusingtosettle.com Podcast ► https://goo.gl/2RIqcY Twitter ► @clarkkegley Facebook ► /clarkdangerous Instagram ► @clarkkegley Snapchat ► @clarkkegley ✖︎ SONGS Get royalty free music for your videos (what I use) ► https://goo.gl/OoPgFA ✖︎ MY PRODUCTS & COURSES Video Breakthrough Academy ►http://https://www.myvideobreakthrough.com The Ultimate Guide to Keeping A Journal ► http://www.mybestjournal.com YouTube Success Formula (Kindle) ► http://amzn.to/2j86PRU Gear & Resources I Recommend ► https://goo.gl/FGmQUU Hair Product Company I own/use "Kegley & Co" ► https://kegleyco.com/ ✖︎ WANT TO BE COACHED BY ME? Ready to take your business or YouTube channel to the next level? To apply for business coaching send me an email: [email protected] (serious applicants only) *Earnings Disclaimer* Income statements made by this video are ONLY estimates only of what we think you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual. #RefusingtoSettle
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Text Comments (152)
R E F U S E R S !!! Man does it feel GREAT to be back. Working super hard to bring you the BEST content. I want to step up everything we've been doing on this channel to that next level for you. Just put a new FREE training together for you.Enjoy :) Refusers! Thanks for the awesome support on this video. Ready for some FREE stuff? Choose your own adventure :) ▸ FREE COURSE: Discover The 10 BEST Ways to Make Passive Income Online (Even If You're A Complete Beginner) | https://passiveincomekingdom.com p.s. Feel free to drop a comment with what YOU want to see on this channel! I draw a TON of inspiration from your suggestions, questions, and comments. p.p.s. Here are some resources for you: // BEST COURSES ▸ (FREE Course) Passive Income | http://passiveincomekingdom.com ▸ Courses That Crush | http://coursesthatcrush.com/go ▸ Video Breakthrough Academy | https://myvideobreakthrough.com ▸ Backstage Studio | https://mybackstagestudio.com ▸ My Best Journal 2.0 | http://mybestjournal.com ▸ 30-Day Coaching | https://my30DayCoaching.com ▸ Shopify Dropshipping Course | https://tinyurl.com/y8zoft8t ▸ Amazon FBA Course | https://tinyurl.com/y7q6yc9u ▸ Facebook Ads Course | https://tinyurl.com/y9gmbz5a ▸ Affiliate Marketing Course | https://bit.ly/2Qfuykr // R E S O U R C E S ▸ Ultimate Online Business Resource Guide | https://bit.ly/2DYmFZk ▸ ULTIMATE YouTube Gear Guide | https://bit.ly/2KUQjQl ▸ FREE Audiobook with Audible | https://bit.ly/2PiF3Og (affiliate) ▸ Join the Refusing to Settle Mastermind | https://goo.gl/wsNnwu ▸ Join the YouTube Entrepreneurs Group | https://bit.ly/2t2fDeW ▸ FREE 14-Day Trial: Build Amazing Websites Under 20 min | https://bit.ly/2G0JRbU (affiliate) // F O L L O W ▸ instagram | @refusingtosettle ▸ facebook | /clarkdangerous ▸ facebook group 01 | https://goo.gl/wsNnwu ▸ facebook group 02 | https://bit.ly/2t2fDeW ▸ spotify mix | https://tinyurl.com/yazfeujt ▸ twitter | @clarkdangerous // P L A Y L I S T S ▸ Best of RTS Playlist | https://goo.gl/5Spvy6 ▸ Create Your First Online Course | https://tinyurl.com/y7kmqg5j ▸ Start Your YouTube Channel | https://tinyurl.com/y7luepzx ▸ Money Monday Series | https://goo.gl/7mMxgL ___ //D I S C L A I M E R Disclaimer: Please always check with a professional before making any moves with your money. These videos are for educational purposes only. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! This description contains affiliate links. If you decide to purchase a product through one of them, I will receive a small commission.
Sheba Bowie (1 year ago)
Clark Kegley he's so cute 😍
loucash5 (7 months ago)
True! My passive income business gave me less than 3$ first month! That was a very important note to me -the system works! The beginning is always hard but once you get your first income you need to focus on two things: 1)keeping your work ongoing 2)patience.
Ro ck (8 months ago)
Did he say 'guzek'? I heard that in the 80ies in Poland as a coloqial term for zero. Interesting to see that slang from an American.
Derek Benjamin (11 months ago)
Finally, some good avice! This is in reference to mentioning keeping a part-time job while working on a business full time. Twice, I failed running a business because I was not able to have a sustainable source of income over a 3 month period. It did not matter if I was working 60-80 hour work weeks, if there are things you aren't aware of, you may be destined for failure before you even start and no amount of faith or effort will help you "in the short run" I'm not saying it's not possible, because it is if you have the intelligence and the know how to get shit done. Unfortunately, that "common sense" knowledge comes with years of failures you must endure to become successful. It's a journey that I'm proud to have endured, and excited about taking on again, but I won't be diving off a cliff without a parachute for a very long time now. I've learned my lesson. I wish someone told me taking a p/t job was OK. Take that advice people. Don't burn up your life savings and get into thousands of dollars in debt just because you "believe in your passion" Good luck people
Micheal John (1 year ago)
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I really needed to hear this today, thank you! congrats on your success
D K (1 year ago)
Prefer Passive Income by Emma Hayes on Amazon but this is good too
Darth Bunny (1 year ago)
Download verydice to your phone to play dice for free stuff. Lots of great items for fairly low point values. Just enter friend code 1662114 to get started.
Photoshop By Alfredo (1 year ago)
Great work
MANOU BOUBE (1 year ago)
Can you please make a video about the sustainability of marketing business passive income?
MANOU BOUBE (1 year ago)
Thank You for the great content. I like the video.
Project Prodigy (1 year ago)
Hey This video is so true! Thank you for the input! If you will subscribe to me I will subscribe to you! Let's build something more! Reply done when done!
1videoshow (1 year ago)
True. Check out by Apps ! I did it.
Jessica E Bennett (1 year ago)
These aren't "myths." These are things no one told us about passive income. Myths are false claims.
Vitaliy Verbitskiy (1 year ago)
Its a great mini course. Thank you!
Stefano Virgilli (1 year ago)
Surprisingly the best "6 things..." video I've watched. Really good content. Well done.
Ivan Syevens (1 year ago)
Thank you but it sounds like changing one career for another with a lot of work and maintenance. Yet I'm still wanting to do this because it's from passive income that I'm trying to quit my job.
Ahmed Hayam (1 year ago)
Is it me or does he look like the love child of Ryan Reynolds and Cristiano Ronaldo?
Erick Burnham (1 year ago)
Describing these myths provides a great perspective. My attempts at passive income haven't generated results as quickly as I had hoped. Knowing that is part of the process is a big help and great motivation to keep trying. Thank-you Clark!
Loraine Marshall (1 year ago)
Hi Clark, great content. Yes, you've got to start somewhere and starting small is the best place to start. Don't sacrifice the steady income, use your time and build a second stream of income. Soon enough the second stream of income will be more than the day job if you stick with it. Then you can sack the boss, quit the 9-5 job, and create a another stream of income. Leverage and outsource is key to creating a lifestyle income producing business. Hope you agree..
Vivian Arbuckle (1 year ago)
This is Great !! As a newbie I have found this very informative. Thanks Clark ! I have subscribed.
Animepro100 (1 year ago)
Is the course you mention in the video, happen to be called Affiliate marketing mastery perhaps?
daddy gains (1 year ago)
Thank you very much Clark! I hope to follow sort of in your footsteps! I want to be an entrepreneur, while shedding knowledge on life I want to help people recognize their own abilities and discover what they can do if they take the right avenues in life and plan ahead.
The Positive Bear (1 year ago)
Good insight.
Rozy (1 year ago)
Just came across your video. It was good, I subbed. Thanks.
Frank Delgado (1 year ago)
Thanks for keeping it real!
Non Plus Ultra (1 year ago)
Lucenda Jacobs (1 year ago)
Thank you sir for your honesty. May all your efforts be fruitful and may your business returns increase 100 fold!
Victoria Films (1 year ago)
It wasnt the course it was the bullshit you wanna make believe.
Charlie Becker (1 year ago)
The passive income your talking about is not passive income. That's why you say it takes maintenance. Passive income is like rental income or investment income. Residual income
Cory Jackson (1 year ago)
Thank you for this video. I have recently started a blog and another online tutoring business. This information was very helpful.
FITTEST YOU (1 year ago)
Thanks for the realness in this video
Richard Haynes (1 year ago)
I really enjoy your videos Clark. Very good information and your presentation style comes across as authentic and the willingness to help others achieve their goals. I came across you about two months and look forward to your information and love the book reviews too.
Say Say's Kitchen (1 year ago)
haha burn the ships!!! well hold on now!!!, thanks dude! you just boosted my motivation, I feel like I am doing it all wrong, i have two websites, but i feel that is either too much, or not enough, I am just flying by the seat of my pants. I have only earned $5 from passive income from affiliate links. but I feel it will pay off ! thank you for sharing your story!
david paquette (1 year ago)
awesome thumbnail Clark !!!
Angie Koi (1 year ago)
love your channel Clark.. keep up the good work ☺️
Ava King (1 year ago)
What a breath of fresh air!! Stay real! Awesome video!
Rui Baeta (1 year ago)
Great video, great tips! Thanks
Aaron Morgan III (1 year ago)
Hey, thank you Clark for keeping it real!
Angelique Turnbull (1 year ago)
Thanks, this was really helpful and shows the reality of "Passive Income."
Jlina A (1 year ago)
I made an amazing website...perfect! 8 months later it got a virus and they host wanted $100s of dollars to debug. Or I could start over even a simple website takes maintenance!
I think if more people were transparent and realistic the passive income would be part of the whole business model, but I think tit gets lost in using passive income as the only model, at least full time. I loved this video. The long game as they say, but if you are passionate about self growth alongside Business growth there are huge benefits as well as income by taking your time, but being active and passive as you do it.
Massive Action (1 year ago)
Thanks man. Great content
JunkDrawerVideos (1 year ago)
What do you edit this with? I have seen videos that are done in a similar style. Just looking for more options for my own videos.
Eddy Joe (1 year ago)
Strong work. Good tips.
gdixonfitness (1 year ago)
Clyde Barrow (1 year ago)
Great info! Polished on camera and animated. Not boring to watch. 👍👍
Jimmy Chaplin (1 year ago)
Great reminders! Marathon not a sprint!
Open Minded (1 year ago)
What You have described isn't a passive income, it is more similar to business that You have build. The common definition of passive income is income that you earn WITHOUT BEING ACTIVELY INVOLVED...
Alejo Eremita (1 year ago)
Why is everyone in these types of videos always using a $47 product as an example
Darpan Kulkarni (1 year ago)
What are your view on MLM?
Jill LaSala (1 year ago)
"What happens if you use a cell phone from 2005?" Then it sounds like you work at my 9-5, gotta love social services.
Brandon Kokinadis (1 year ago)
Thank you for being honest! It really helped me focus
Rob Ameri (1 year ago)
Thank you for this video and actually all your videos. Very informative and to the point! Helped me a lot to make my channel better! Keep up the great work!
Donald Scofiled (1 year ago)
This Brand New Method Makes It Easy For ANYONE To Make Money Today! *suludollarhome. com*
chris addy (1 year ago)
Yes...Finally. This is what I was looking for. Thanks for the video. The clarity and honesty. I subbed because of this video. I have been think in the sector of passive income and you just made things clearer. Anyone thinking of passive income must watch this FIRST. :))
Awesonymous RC (1 year ago)
Hey! My first name is Clark too! First time I've heard of another Clark in my life of 22yrs lol.
Tony (1 year ago)
I saw what you did there? Nice plug. Lol
ThePerceptionCoach (1 year ago)
Great content, love your honesty :)
Josiah Eyeington (1 year ago)
This is absolutely brilliant advice that I really needed to hear. It's so so easy to get disillisuioned by everything I read and watch on how to build an online business and make a passive income. Thank you so much for sharing the knowledge that you've gained over the years. It's so valuable. Thank you.
Millennial Math (1 year ago)
This video is amazing and I'm going to send this to my business partner but your eyebrows aren't the same but I get the point and this is a great video and I love the content
daryl dyer (1 year ago)
Hey thanks for sharing a honest and real life perspective of what it takes to create and maintain a passive income.
stasyszy (1 year ago)
life is balance, having active with your passive income is beneficial, especially starting out
Angel Febus (1 year ago)
Great content. Happy to be the 104,766th subscriber.
Ivan Ivanov (1 year ago)
How much do you charge per hour for consultancy? Pm me! 10x
Land Lord (1 year ago)
So it is not passive income after all... almost never
Sam is Successful (1 year ago)
I have a full time job the goal is being an Entrepreneur in Dropshipping and Email Marketing.
CryptoKing760 (1 year ago)
Great information bro, totally agree with you. A passive income strategy does take a lot of work in the beginning. And building wealth through passive income definately takes patience. And don't quit your day job right away until you're making enough to live off your passive income, yes.
Marcus Fain (1 year ago)
I am sure you have heard this before, but you seem to be a truly level headed person. And of course I do not mean you have a flat top haircut.
Haz Más (1 year ago)
Dude !!! Great video!!!. What you said applies for every business. Thanks for the information.
T TT (1 year ago)
Very helpful. Different take on e commerce.
Grape Vine Solutions (1 year ago)
This video helped me a lot! I've had an online passive income business for about 3 years now and I stressed out so much because I felt I wasn't doing enough because others who started at the same time as I did were making more than I was. But I am a lifer so I'm going to do this until my fingers can't type anymore, so I guess my time will come.
Abel Reynosa (1 year ago)
Great info because not many people like the behind the scene of success and work that needs to be put in. Thanks for sharing.
Thank you for posting this. I can't the programs that offer a 6 or 7 figure income right away with 15 min of work just to get people to buy their crap system. Just subbed.
Donna Hannaford (1 year ago)
Clark i really enjoyed this video.. i'm at the thought/ idea stage of a business
Ming Mongo (1 year ago)
Is there a passive income stream that doesn't involve telling people about passive income?
Teddy Galloway (1 year ago)
I'm following because of your presence and your manner. I want to support you in your efforts. We are on different paths, but everything you have said is true. And, I look forward to working with you sometime in the future. Peace!
Aditya Prasanna (1 year ago)
Im glad someone made this video, too many videos out there that don't let you in on the hardships that come with building a passive income system. I've been working a little less than a year on a system and honestly, there have been way too many times it has seemed futile and i've wanted to give up.
Daniel Baarns (1 year ago)
Haven't watched you since your drum cover videos, I remember the journaling a little. Love the content!
Daniel Baarns thanks mate. Touring with Andrew WK this fall. Should be more drum videos soon 🤘🏻
foxxy cleopatra (1 year ago)
Thx for this vid! Really appreciate you doing a straight up vid about the reality of this!
Marcus (1 year ago)
great stuff Clark!
Geneva Livingstone (1 year ago)
The mountain is high most never reach the top...... You're spot on we've got to think long game!!! Whatever success you have is because you've trained long and hard hours. Most only see the glory but not the sweat, not the hardships, not the hours of re writes.... Great job!!!
james rinehart (1 year ago)
What a great video! Thank you for this video, great analogy with the heart beat and brand. You have great camera/ stage presence btw.
Kataka Gara (1 year ago)
I received a lot of value just from reading your intro section! I stopped the video at 20 seconds so that I could read your intro section. Now I'm going to listen to it and focus on your voice. This is the definite honest truth about building passive income. I have had a passive income company for nine years and I still have to work at it. This is the real truth. Thank you!
Johannes Svensson (1 year ago)
Are you the one editing your videos also? Because this is really good editing! Keep it up!
Johannes Svensson thanks mate. Yep - can't outsource it. Great content comes from what you TAKE OUT, not add in.
Anthony Burbidge (1 year ago)
Thanks for posting this. It's nice to hear the truth for once!
Shine Graffix (1 year ago)
Great content! Thank you for the tips 👍
Places 2 Go Travel (1 year ago)
Come on our vacation journey with us 👍😎❤️ Travel safe! Obvs make your money first 🤑
Brandon Turner (1 year ago)
I needed to hear this, too. Especially in those times when you get discouraged. It's no wonder everyone can't do this.
Matt Fisher (1 year ago)
Is there a better passive income than another?
TrendSpin Sports (1 year ago)
Hit it on the header brother great video!
Jj Corbin (1 year ago)
you missed the point 'f you build something hthey will come' means if you build something of value that's hot. get it now? good. best.
George Martin (1 year ago)
Great video.
Cally Jo (1 year ago)
What are your thoughts on selling on Amazon? All these videos on YouTube about people saying they made tons of money but then end their video by promoting an expensive course. It's pretty scary. Do you have any advise on that subject by chance?
UniverseCandy (1 year ago)
Congrats on hitting 100k!!! 😍 great video :)
Victor Ledezma (1 year ago)
Josh C (1 year ago)
Tried to purchase the VBA however I get sent to a page saying it is not available.
harry reid (1 year ago)
I was the 100,000th subscriber YESSSSS
P C (1 year ago)
Que droga, meu inglês é uma merda!! haha um dia eu te entenderei meu amigo!! Eu juro...
aka Prin (1 year ago)
Approaching 100k Claaaaaaaark😛🔥

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