Episode 44: {How Do They Afford That?} How Amanda went from trading her time for money to earning 6-figures in passive income annually
Hey everyone, in this episode, I had the pleasure of interviewing Amanda Horvath, a successful YouTuber who went from running a video production business to making six figures in passive income through her YouTube channel. Amanda shares her journey of transitioning from trading time for money to building an audience and creating her own content. She talks about the importance of lifestyle design and following your intuition in order to create a life of freedom and flexibility. Amanda also discusses the different income streams she has developed through her YouTube channel, including affiliate marketing and online courses. If you're looking to build a successful YouTube channel and make passive income, you don't want to miss this episode!
Key Highlights
[00:01:45] Choosing lifestyle over trading time.
[00:03:40] Taking on high-paying clients.
[00:07:11] Starting an online course.
[00:11:01] Passive income on YouTube.
[00:16:52] Passive income and affiliate revenue.
[00:19:26] Transition and Financial Implications.
[00:24:26] Personal finances during income dip.
[00:26:48] The power of YouTube.
[00:31:42] Taking Risks for Success.
[00:33:13] Passive income online.
Notable Quotes
Short-term loss for long-term gain
Life is short. If I continue doing what I'm doing right now, I could potentially never get over to the other side of the quadrant where the 1% lives, where they have time and they have money.
Don't learn via trial and error if you don't have very long of a runway.
Every single source of passive income starts off as an active income stream.
You have to be willing to risk it in order to make it happen.
The goal of my life is not to have a successful business. The goal of my life is to have a stress-free life that I enjoy living the way that I want to live.
Resources
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