Increasing personal freedom and antifragility through passive income (capital, code and content)
Things I found the most useful:
- Hedged investments through stocks and shares index funds: S&P 500, FTSE 100 etc. (Vanguard, Hargreaves Lansdown): power of dollar-cost averaging (regular inputs into market over time)
- Coinbase auto-buy function for Bitcoin / Ethereum (smart investment – calculates monthly average and buys an appropriate quantity according to how it’s been performing)
- YouTube: adverts, sponsors e.g. ($15 per 1,000 views), creating products to sell to fanbase, affiliate programmes
- YouTube videos as asset generating passive income over time
- Digital products and scalability / lower cost base – selling through Gumroad (hosted, low commission)
- Online courses: Podia and Teachable (payments, logins etc. managed)
- Cohort-based online courses: benefits over passive (completion rates, engagement, accountability etc.), paying to be part of experience, possible qualification offering
- Jab-jab-right hook approach to content – lots of free before asking for something
- Email subscription lists through Substack, Review (through Twitter), Convert Kit
- Membership sites: delivering value regularly important. Patreon, page newsletters on Substack etc. Locals, Memberful (integrate member list paywalls through WordPress and can use automations)
- Automating aspects of business and delegation: Zappier, IITF
- Coaching income streams