@@NateOBrien Love how you use the business jargon in an understandable way and share tangible tips. :) By the way, what programme you use to edit your vids, for example, masking the background?
Great video Nate - My experience has been that starting businesses takes tons of up front time (and sometimes failure) but on the back end leaves me with a lot of time to experiment with other sources of revenue. For me it's a combination of starting businesses, saving, and investing . . . and even trading time for money when I enjoy it . . .that seems to produce the most secure financial picture over the long haul. It just takes a ton of work resilience on the front end. 😄
I watched the ads at the end for you. ☺ I really enjoy listening to you teach us! You're very thorough without being dull, you're personable but don't get off subject and make it all about you. Very humble. 💚
I run a courier, residential washing and detail service business but it's still not that easy. You have to gain trust and stability. I have a desire to put items needed for the working man/woman and sell them with interest. For example: I buy every tool needed for roofing and I sell them as a package and get payments made (interest first!!!) over a period of time. Instead of releasing money.
But I feel like, for a beginner (so, someone who does not have a lot of money to start with), real estate is not an option. Some sources of income described in the video are just available once you are already reasonably wealthy. For starting a business that gives you back a lot of money you need to have a great idea, is not that easy.
If you put about 4 adds in your videos that are longer than 10 min long your videos will make more. One at the beginning 2 spaced in the middle and one at the end
@@lw0121 ahaha I view owning a home as a lifestyle commitment on top of an investment. Mowing the lawn, fixing the house... things my present self would hate
Nate O'Brien just curious as to which is your personal favorite? Factoring in time invested, cost and tax purposes, would you still select being a business owner?
What Stock Trade school would be great to study @? My two sources will be stock market and Real estate. USE stock market to buy houses dirt cheap refurbish property rent out. IF able to use credit card rewards get max 5% cash back on some credit cards , miles, hotel stay
I don't have one specifically for college students but I think I will create one soon. I have a few videos on side hustles that should be applicable to anyone!
This video is chalked full of great info! Thanks Nate! As for the people shocked he hasn’t watched Star Wars....who cares. I am used at the amount of people who think people NEED to be interested in what they are. I shock people when I say I have never been interested in the NFL, NBA, MLB. Again, who cares.
Great video! Building up to seven income streams can take a lot of work but once you have them all set up and flowing nicely the money you can make is insane! Great video!
Are you considering real estate videos in the future? Everyone I watch is either on the West Coast or Canada, so it’d be nice to get the perspective of someone on the East Coast. Even if it’s your first property, I think any tips you could give would be helpful. On a side note: Are you saying you NEVER saw the original Star Wars trilogy? 😳
I have some friends in the local area who own a few hundred units. I think I will interview some real estate investors in my area. I have never seen Star Wars... ever
New to your channel dope videos bro most definitely learning new things!...imma boss now and need more info on taxes and write offs ..if you have a video explaining these things or a breakdown on how you do your taxes can you comment link! Thanks bro
in 2003 I earned and saved 1000 Euros, which, at that time, represented 10% of a 3 room apartment. I put those money in the bank and now they represent an average monthly income. Nobody gives us any incentive to save money, that's why we are all broke.
My two side hustles make me more then my full time job at the moment. Combined it’s a good income but if I can train some people to do my side hustles and get a cut from that.... I won’t have to do my full time job anymore
Multiple streams of income focuses on entrepreneurship, not business ownership and definitely not a job/career. The problem with what "earned income" is 'claimed' to be isn't really valid. Income from a job definitely isn't reliable. "Earned income" really involves all types of work done that results in sales and thus results in pay/profit. CC companies are not banks. They charge interest on the amount charged. Landscaping, and such, is business ownership - not self-employment.
... on a video like this, you should have enumerated the reasons so we could save time if we already know them all (or just watch the portions for the ones we do not) Please prioritize your viewers time over monetization. I normally thumb up your video, but this gets a hearty, deserved, thumb down.
Can you make a video on overcoming the fear of investing? I want to start investing but i'm too afraid to potentially lose money.. even if i put money in "safe" investments. I know i'm not supposed to invest money i can't afford to lose, but it doesn't help my fear. How likely is it to actually lose some or all investment money?
maddie I would suggest investing a little amount of money first to get your feet wet. Afterwards invest what you can afford to lose. Not investing will hurt you more in the long run.
Think about it this way. Your money is guaranteed to lose value to inflation if you don't invest it. If you invest at least you have a chance to make money. It's riskier not to invest on my opinion
Manuel Hernandez I agree with Manuel you’re already losing value in money what more do you want to lose until your money is worth half its value in 10 years.