15 Ways To Make Passive Income

Click here to check out the show notes, resources, and links mentioned in this episode: www.chrisdunn.c...
Most of us know what it’s like to be stuck in a 40+ hour job. You do it because you need the money. But is it possible to have both the money AND the lifestyle?
Absolutely! The answer is passive income.
What is passive income and how is it different from active income?
Active income, or hustle income, is normally directly tied to time and results produced. This means exchanging time for money, or hustling to sell, create, or distribute something.
Passive income, on the other hand, is regular income that you receive with little or no ongoing work because you have already done the work up front. This income comes to you on a daily, weekly, or monthly basis from the automatic sale or billing from a previously sold product or service.
People often mistake passive income to mean income that magically appears without hard work.
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[@spencereng]

Here's what you do, Drive around in an Ice cream truck that also doubles as an Uber so you're selling ice cream and picking up people at the same time.

[@chrisdunntv]

Haha love it!

[@itsbrianchen]

+spencereng LOOOOL do it!!

[@cutdepiefails6596]

Actually I know a guy that is making a nice passive income with Uber, 1) he imports cars, that alone will make money, instead of selling them right away 2) he put's them a couple of months on UBER, he splits what he makes with the driver, so he doesn't even need to drive 3) He sells the car at a profit (from the importation price + the margin from Uber). This is a good semi-passive income.

[@brickwall6247]

dayum...

[@tomasaki2298]

Also u can use it as a front and sell drugs!

[@coachanonymous9073]

I'm 25 years old, I live by myself, and I'm broke as hell, but watching every episode on your channel gets me a baby step closer to becoming an entrepreneur. Keep up the good work Chris!

[@chrisdunntv]

+Colin Kaepernick Keep hustling Colin!

[@coachanonymous9073]

+VORTEX thank u brother. Likewise

[@murrayataga]

Hey men can we link up.. Maybe we can help each other out as we are in the Same boat(broke)..

[@anarki777]

Tiny Tina, that is such bullshit. Stop listening to The Secret.

[@frodev728]

Colin Kaepernick do you have a spare room? if so, rent it out.

[@MJAli89]

Active income = Time Passive income = Free Time

[@ChibDibs]

I love that you were real and started off by talking about how it's not going to be easy or "a get rich quick". Passive income does require a great deal of upfront effort which makes the return investment so valuable. Great vid. :)

[@michaelreyes9696]

If you want to make fast cash online then go here now: BreakCash.info

[@shawnasadi6054]

I don't usually leave comments on KZbin but I gotta give it to you Chris; video quality is great and you're a genuine guy. I think there are thousands of people who are sick and tired of "Get Rich Quick" scams but your videos are very informative. Keep up the great work and produce more on the passive income topic.

[@getridofpanic]

If you want to make fast cash online then visit this website here: JoxMoney.com

[@MrCoolbanna]

I love how you’re critiquing ‘Get Rich Quick’ scams and the first reply is a get rich scam

[@justalettertooshor]

Just like to say that I've been subscribed since the very first few videos and your channel is awesome, easily one of the best self education channels out there. Keep up the great work and content!

[@chrisdunntv]

+justalettertooshor That means a lot... reallly appreciate it.

[@mindsetincheck7545]

Hey Chris, Been stumbling through lots of your videos. Im loving all the content you share. Im curious though as i have an online business on the go which is passive and has been proven, company has been around 41 years and I'm always looking for new reps to work with. My question is on your channel do you happen to do business shoutouts or advertising or traffic share? any chance we can chat about some possibilities?

[@hansmast]

It's awesome you listed a bunch of the things I'm already doing. I would be very interested in the video on selling stock photos. What sort of timeframe are you thinking on releasing that? (I know you've been busy with STRAT and the rest of the alt-bubble; me too!)

[@JohnRPike]

Thanks Chris. Great to discover you on KZbin. Thanks for the content and great information.

[@MrPalaad]

Ice cream and Uber gigs are just double timing in the salt mine, jobs, just over broke. Good ideas here.gave me some ideas.

[@Patso65]

Great information. I really enjoyed the way you summarized this presentation on your website. Thanks Chris. Subscribed!.

[@chrisdunntv]

Thanks!

[@veriappelsiini]

I am glad you quit making speculation vids and instead of those make these high quality vids. With some real world wisdom and thoughts. Keep on rocking and rolling!

[@chrisdunntv]

+veriappelsiini I appreciate the feedback. My mission is to give you guys exactly what's going to help you make more money and have more time-freedom.

[@MultiMm2009]

I have a beautiful villa but has been tenantless for over a year now due to Government's new rule and now I really have hit the wall as to what steps I should take. Putting it on the market for sale as well, but nothing doing.

[@curiositea258]

Live in Elderly care. An amazing opportunity for young people without families. There are lots of elderly people who don't need 24 hour assistance, they just need someone to be there to cook meals and check in on them from time to time throughout the day. You get to live in their house with them + make a decent monthly wage, and you have plenty of time to do online courses or whatever you want to work on.

[@xoBritneyMechellexo]

Great information. I've been researching a lot of these methods.

[@AdatheTraveler]

Where is the stock photo case study? Can't find a video about it.

[@nest3308]

Love your energy. Good luck on your projects, im working on many too!

[@nevskyedu]

Can you make video how to make passive income for worldwide viewers? A lot of this 15 ways are limited to US residents only.

[@michaelschneider427]

come to the land of the free and experience the american dream.

[@Andres-mv5bh]

glad i found your channel. straight to the matter points

[@deethomas1851]

Chris, I'm ambitious and motivated. But how do I take the "fire" I feel and channel it? I watch all your videos and am receiving the knowledge, also I'm working for the capital to start. I'm 19 and I know a 40+ work week isn't for me. Any advice or things I need to know?

[@chrisdunntv]

+Dee Thomas great question... I think you know the answer - just channel it and focus on one thing at a time. Keep your eye on the prize and do 3-7 things every single day that get you closer to your life missions.

[@Forbidden-AI]

Awesome information. Thanks for sharing

[@ditto_1992]

Hey Chris, I just want to say I've been watching all of your videos and just trying to absorb all of you knowledge (thank you for sharing that by the way, on behalf of everyone watching this I'm sure). I'm in the military and I was really childish with my money for a long time. I'm JUST now starting to realize how stupid I was and trying to begin saving and being really really disciplined and responsible with my money. My question is in relation to paying off debt. I have just under 5k worth of debt at the moment and it's ALL for my car loan. The interest rate is just under 10% because it was my first loan and I didn't have any credit history, lesson learned there... I just got into investing and from what I understand I should try to maximize my contributions to my Roth IRA for the year BEFORE I do anything else. Now my question is whether or not I should try to hit that 5500 for this tax year (sometime in the spring i understand...) or try to pay off the rest of that debt.. I was living paycheck to paycheck for quite sometime, not for lack of income but just because I wasn't watching my spending and got into a bad habit. I ALWAYS pay my bills/statements/rent on time though, but I'd wind up at zero by the end of the month. Basic math tells me that if the interest rate for the Car Loan is higher than the returns I would get on the IRA, I should eliminate the Loan first... But I also feel worried that I'm already having a late start, and that I should try to max that IRA now while I'm 23 and I can get a still relatively young start... since I can't exactly go back later and make up for lost time. Sorry for the long question, I love your channel and I think it's amazing what you're doing. I wish more Americans and more PEOPLE would have the same realization I did and seek out this kind of information. Happy Holidays/New Year!

[@chrisdunntv]

Good question... I'm not a financial advisor, so I can't tell you what to do. But I think it's a good idea to prioritize like this: 1. Make sure you have an emergency savings account with at least a couple grand. 2. Pay off all high interest debt 3. Save and invest as big a % of your income as possible. Hope that helps!

[@lucrtrvl]

I’d do ROTH IRA first. Even if you go bankrupt they can’t touch it :) But that will motivate you to find extra earning opportunities.

[@didacticpress1]

Great vid. Thanks for creating this.

[@rasheedraza5547]

Can u tell me how website geat e books for their website? What stragedy they make ?

[@chrispresso1]

13:30 "i dont have massive marketing skills" got me ;) what are good sources to start out on that topic?

[@chrisdunntv]

+Chris Young I've got some great interviews and and lessons in the pipeline!

[@tihkal]

just found your vids. you're awesome man! subscribed!

[@DoodleDoo]

5-9%, is that yearly?

[@mariama1017]

Brilliant! Thanks for the pointers!

[@simplychronicle8922]

i really like all of your videos! it's very inspiring and great way to do investment

[@daveyjones9604]

You said you had a half-dozen to a dozen websites. How and what program would you suggest for a beginner to use for starting up a website?

[@adamross2208]

Wix is great for beginners. If you want to have a little more control you can use WordPress with purchased templates. Though Wordpress has a steeper learning curve then Wix.

[@lilyjameson5156]

Wow, you make a ton of money. And I'm dying here, busting my butt working way over 40 hours a week, and I'm still hungry most of the time.

[@juanjosegonzales5965]

loved the video, subscribed!

[@UniquelyPurple]

great advices!! thanks!!

[@visionaire5065]

This is great, thank you!!

[@spiritquest1909]

Great advice. Thank you.

[@mr.camroe]

Thanks Chris. Good tips!

[@davidone7876]

This is very very very practical stuff that actually helps!! Thanks! Now you gotta put in the time, money, and effort to make it happen ;)

[@chrisdunntv]

+David One Take massive action!

[@Xydusa]

Hey Chris just wondering, you talk about making money from blogs, would you suggest any particular blogsite for doing this? ie Wordpress?

[@chrisdunntv]

+MattyRocks42 Wordpress is probably the easiest to set up for a new blog

[@danielshaffer7352]

what do u know about simplefx

[@manjoeshar]

Great information.

[@clairdesignable]

This is great! thank you

[@tonyparker1629]

EPIC JOURNEY....!!!!

[@betterhalf6273]

awesome idea for a youtube channel!

[@Armaan8014]

How did the stock photography selling experiment turn out? It hasn't worked for me yet.

[@chrisdunntv]

+Armaan that's been pushed pretty far down the priority line.

[@patriciamartin5366]

Armaan is a

[@Cityhandyman]

Hey great video. I like what you are doing :)

[@michaelreyes9696]

If you want to make fast cash online then go here now: BreakCash.info

[@caveymoley]

Holy shit dude...50k a month on 1 single source of income?! That's 5 years job income for me, If I'm lucky!!! I mean....how!?

[@mugnoom]

"new and time-tested" got me to pause, write this and leave channel

[@chrisdunntv]

+mugnoom "and" meant as a substitute for "or"

[@magictax481]

thanks

[@reinardusjoseph1017]

Hi Chris I have been following you since 2013 I am interested to know affiliate marketing that you said can get $50-200K per month how can we achieve that? is it amazon? please make tutorial for that :) :) :)

[@michaelreyes9696]

If you want to make fast cash online then go here now: BreakCash.info

[@nexes1337]

got 20k euros , what to do to make money, GO my friend

[@johnyracercat]

+nexes1337 Give it to me and I will triple it for you.

[@chrisdunntv]

+nexes1337 IMO, keep 6 months of living expenses in the bank, then start investing in yourself - either self-education or a business that can start generating income.

[@nexes1337]

hmm yeah i should start a business that can generate income , whats an easy field? btw ive got cash only

[@cowpoke02]

time and work is compensation not income .. paid for time where and tear . not a clear profit . being compensated . first trick on no taxes .. income is all profit .. extra bonus over supplies and labor , time .

[@TheTokenInvestor]

Hola Chris, I like your videos a lot, however in this particular video, I suggest you to think about the concept of "Passive income". In my opinion it is wrong and unrealistic because, nothing can maintain and grow if one remains "passive", think about it, would your gf still love you if you show her a "passive" attitude in regards to your relationship? would your youtube channel keep growing if you remain "passive" and do not upload more videos nor improve your channel in general? would you be able to keep tenants for the property that you rent if you remain "passive" and do not any maintenance and others? Would you follow a "passive" leader? I love your channel, keep it up!

[@thehomiesmokey8044]

Okay before yall say anything yeah I know amway is shit but they gave me helpful info that I will make my own business so they told me all of this but I read all the reviews and all the criticism and yeah debt is not for me

[@zioxei]

Lol your eyes look like they were artifically enlargened like in the sosig meme

[@beckybe6404]

🙏🙏🕊💕

[@wholesome4028]

last year i made an ebay account to sell stuff i didnt want anymore and i also bought a few things and then sold them for sometimes a 20% profit. ended up having a nice little ebay store for myself until i ran outta stuff to sell. didnt exactly make me a millionare but it gave me some extra money to save up. im hoping to maybe start selling some stuff on it again and also get into some stocks and cryptocurrency. wish me luck

[@passiveincomeskills7315]

Awesome man. Thank you!