How I Built 5 Streams of Income By Age 25 - Fastback Freedom Friday
The Clark Kegley Podcast - A podcast by Clark Kegley - Refusing to Settle
Categories:
Here's How I Built 5 Streams of Income By Age 25. Ready to get started with your own youtube channel? Check out our 10 dollar course quick-start here | http://bit.ly/VBAlite Follow Me On Instagram: ➡ @clarkkegley #FastbackFreedomFriday #PassiveIncome #RefusingToSettle But at the time I was 25 I had five streams of income. Now these were all passive income, laughing, Scrooge McDuck in a swimming pool of gold coins all the way to the bank or sip and pina coladas on the beach of Bali. Some of these were jobs and so in this video I thought it'd be fun to give you a little trip down memory lane on the five streams of income by 25 so if you're in your first year as an entrepreneur, listen, if you're working a nine to five job, you want to escape, give you some options as well. It's Clark, which are fusing the subtle guys. Welcome with fast back Friday We're doing a new series. You and me, we're cruising going on a little drive cause the Fastback Friday, that's that freedom Friday. A lot of you watching, you're in your first 12 months of entrepreneurship. Maybe you're working a job and you're like, is this really for me, I kind of want to do something on my own now with the power of the internet where you can literally start a business for zero. We were just talking about ideas. That's a business. Um, so in this video I want to talk to you about if you're below 25 or maybe around in your twenties these were the first five income streams that I had. Okay. So let me know in the comments if you like the series number one, probably the most predictable. That was a nine to five job. Now, by the time I was in my twenties in college, university did go to university, had about, I don't know, 14 or 15 different odd jobs up until that point. For me it was scrubbing toilets and doing housekeeping on the dorm floor is at my university. Not glamorous, right? But what it taught me was that I could learn on someone else's dime. That's a huge takeaway for you. So while I was scrubbing the dishes or the toilets or whatever odd job I was doing, I was listening to podcasts in my ears. So stuff to make you better. I was listening to self-development, motivational speakers, scrubbing spots, very mr Miyagi, wax on, wax off. How you doing? So for you, I would definitely recommend take a job where you can learn on someone else's dime. Let's just say your goal one day is to open a brewery. Okay? You want to have like the best beer in town. You want to brew your own beer. It'd be stupid for you to go out from day one and open your own brewery when you don't know how. So why do that when you could get paid to work in a brewery, you're gaining experience. You see what I'm getting at here? If you want to start a YouTube channel, don't just burn the ships and start it from day one. Maybe take a nine to five where you can just download formats in your head of other people's YouTube channels. So that's the big takeaway. Nine to five, learn on someone else's dime. So I mentioned podcasting, that was the second job. So as I was scrubbing spots, as I was listening to podcasts, I'm like, I could do that. Great, I can totally do that. They're just having a cool conversation. The during the interview, like that's sounds bad ass. I want to do that. And so what I did is I'm like, okay, while I'm scrubbing spots, I'll learn about podcasting. And so I actually did my own podcast and I wasn't making much at the time. I think I was working for a freelance blog where I was getting about $200 an episode for me, $200 an episode. I'm like, that's 20 hours of spot scrubbing. So that was great. So I was making $200 an episode, but I was also networking with people, New York times bestselling authors, scientists, researchers, and learning. A lot of people talk about these high-income skills, right? Speaking, interviewing, doing all that stuff, practice. That was a high-income skill. So that was another example of learning on someone else's time. You see your own getting out here, podcasting, that was the second one. Third that led me into starting my own YouTube channel. Now the story behind that real quick compressed version, so I don't crash on the fast back is I was doing that podcast and I thought I'd made it, man. I was making 20 to 30 grand on my own terms, could work from anywhere, could travel, and just edit podcast shows and do it all virtually. Right? And then one day I went to a coffee shop, opened up a computer that I was on and got an email saying, Hey Clark, we're cutting the show. We don't need you anymore. So overnight the income was gone. Huge lesson I learned is build something on the side before you're ready, because you never know when that rainy day's gonna come, man. So I was at the time starting this YouTube channel that you're seeing right now. We're fusing the subtle, it wasn't called that back then. Refusing to settle, Clark