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5 Passive Income Ideas to Make $10,000 Per Month in 2024

Join our Futur Pro Community to get access to Chris, lessons, and trainings just like this to scale your creative business: https://thefutur.com/pro In this insightful video, Chris Do, a renowned entrepreneur and creative strategist, unveils five powerful passive income strategies designed to help you achieve a monthly income of $10,000 in 2024 as a creative entrepreneur and freelancer. Don't miss out on these strategies to diversify your income and secure your financial future. #passiveincome #makemoneyonline #financialfreedom #entrepreneurship #chrisdo Chapters: 00:00 💡 Diversifying Income Sources 02:03 📈 Evaluating Business Growth and Decision Making 02:30 💰 Trading Time for Money vs. Money for More Money 06:01 🔄 Reinvesting Surplus Money and Buying Back Time 08:37 💼 Valuing Your Work vs. Standard Wage Jobs 09:19 🎯 Setting Financial Goals for Freelance Work 10:29 📊 Market Rates and Outsourcing 12:06 ⏳ Buying Back Time with Money 13:41 🚀 Transition from Freelancer to Entrepreneur 16:14 🌱 Developing and Managing Talent for Growth 17:25 📈 Promoting Leadership Within the Team 18:20 🔄 Identifying Essential Roles and Outsourcing 19:43 🔍 Evaluating the True Value in a Creative Service Business 23:23 🛡️ Safeguarding Business Interests 24:49 ⚖️ Legal Challenges in Creative Businesses 25:30 🌐 Building a Database of Freelancers 26:42 📈 Transitioning to a Product-Based Model 30:42 💸 Exploring Affiliate Marketing 32:49 🚀 Broadening Revenue Streams 33:43 📈 Leveraging SEO for Affiliate Marketing 35:07 💡 Maximizing Affiliate Marketing with Sponsorships 36:59 🌐 Broadening Content Strategy Beyond YouTube 38:37 🚀 Building Relationships with Brands 39:20 💬 Establishing Authority through Speaking Engagements 42:15 🎓 Leveraging Expertise for Consulting and Coaching 44:05 📚 Documenting Insights for Authority and Product Creation 45:56 📈 Product Creation and Offering Courses 48:00 🔄 Utilizing Created Assets for Multiple Revenue Streams ----- 🚀 Futur Accelerator The step-by-step blueprint and coaching program designed to get your creative business off the ground: https://thefutur.com/accelerator 🥇 Futur Pro The professional creative community designed to grow your personal brand, your business, and your network: https://thefutur.com/pro ✍️ Other Courses, Templates, and Tools: https://thefutur.com/shop 🎙 The Futur Podcast: https://thefutur.com/podcast Recommended books, tools, music, resources, typefaces & more: https://thefutur.com/recommendations Music by Epidemic Sound: http://share.epidemicsound.com/thefutur Shorts Playlist: https://www.youtube.com/@thefutur/shorts We love getting your letters. Send them here: The Futur c/o Chris Do 556 S. Fair Oaks Ave. #34 Pasadena CA 91105 *By making a purchase through any of our affiliate links, we receive a very small commission at no extra cost to you. This helps us on our mission to provide quality education to you. Thank you. -- Host: Chris Do (Bald Asian Guy Talks About Business) Cinematographers/Editors: @RodrigoTasca & @Tascastudios MOCS Media