Design Your Dream Life Through Passive Income | Alex Szepietowski | TEDxUniversityofYork 

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

I started my side hustle in June 2018, and today, it makes me more than my active income and still growing, and I am a software engineer in Cisco. And this income is completely passive. Kudos to me.

This does work. If you hear Alex speak, he is the most gentle and trusting person you can think of. He is so true to himself and his values, he does really want what's best for everyone around... Incredible experience hearing to his webinar tonight

The more work you put in the more rewards and opportunities come your way, that compound effect really struck a chord with me, because that's exactly what it means. You have to be actively direct selling and getting out there, not just watching loads of videos or reading loads of articles.

I’m here 3 years later and I actually just wrote in my gratitude journal today about 10mins before this video popped up. “Thank you for me learning how to make and create passive income.” I haven’t searched or even thought about it until today I just thought oh well that’s something I want to learn how to do. So that’s confirmation that thoughts/desires turn into things and you attract things with your thoughts/desires. There are a lot of negative comments here because of one reason or another people dissatisfied with what he said and there’s nothing wrong with that but you could also just use that same energy into finding whatever you were looking for here instead of spending it on here. I actually loved his talk and think it’s worth listening to. It’s up to you to figure out how to actually do it. He’s letting people know that it’s possible to do at all because most people are so programmed to think you actually have to work or put in a lot of effort to earn money. As well as asking people what would they do if money wasn’t an issue? Because that’s the Golden question and it’s actually what you’re supposed to do and should do. People are all like that’s unrealistic and risky but forget how short life is and how you can always just get a job if it doesn’t work out anyway. And for those saying if everyone made passive income then no one would be able to make money that’s not true. Even passive income makers need to buy stuff and do things. Like watching RU-vid, RU-vid is passive income for someone and another passive income maker can watch their video and they both still make passive income. If you don’t like it or what he says or how life is be the change you wanna see in the world don’t just complain about it because you’re adding to the problem not the solution. 💖

Around 14:30 he mentions rich dad poor dad. That book is meant to teach you the mentality, the execution is up to you. I’m glad this man is spreading this information.

I like that expression: "Before you start climbing the ladder... be sure it is leaning on the right building." Herein lies the failure of all those who hate what they're doing... after 40 years of doing it.

WOW. A young man talks about creating a vision of life that isn't just about survival and everyone here rips him apart in comments. I loved the talk. This is exactly what my husband and I have done over the last few years, focusing on building passive and residual income and this young man is brilliant. Awesome. Thanks for the talk. Love the passion. More people should open their minds to what is possible

This is what I been thinking... A day or series of days you get up and say I don't want to go to office and sleep back without saying anything or thinking anything... that experience will be an awesome.. and more awesome to think what all you could do when you have all time in the world.. all well said....

This video offers what 99% of other "passive income get rich" videos do - imagine what your life would be like if you had passive income, without giving any of the strategies or insights whatsoever. As someone who earns passive income for years now, this is what bothers me the most: "imagine you lose your job and don't earn any money anymore". Yeah, so its IMPOSSIBLE to lose your passive income source then?? I've seen more than enough people who earned passive income for like 6-24 months before everything collapsed. Just too much "the world is a happy place" stuff in this talk and too less reality.

Ok for those who've never heard of passive income. After reading the description I thought I was actually going to learn something. Good on him for getting the platform, public speaking can be tough when you're new to it.

Next Tedx talk geared to girls 6 to 12: What Would it be Like to Have Your Dream Pony? - What are the advantages of having a dream pony and the disadvantages of not having a pony at all? How does it feel like not having a pony, because I've got a bunch and its great...

“I read rich dad poor dad by Robert Kiyosaki and realized my degree taught me nothing about making money”

Brilliant talk. Well done. One of the best Ted talks I have ever seen; Truly inspiring.

Our beliefs should never slow us down- but, it's probably true: the older we are, the more difficult it is to change ourselves, even though we realise that we are not happy at this point. If you hate your job, it's just about time to take action. I think, people would do so many amazing things if money wouldn't have been a problem, and they would have been so much happier! What we should really change is the way of thinking. Very good talk!

Thank you. I will try this, though I dont know where to start, and I have alot of limiting beliefs, and whilst I cant think about the risks of not having a passive income, and I can't envision a life with it. I will put aside half an hour a every day or so, and research this, write about it, and think about it. Thank you, Alex.

"To cut the long story short.... I have 24 houses" Oh ok.

Grow expensive plants = passive income. Plants grow, you sell.

I don't often vote stuff down, but I make an exception for this. The implication of what he is saying: with only a student loan & a credit card, he educated himself and enabled himself to buy 24 houses in 2 years. This is impossible. He must have had capital. Maybe rather than treat us to all this meaningless waffle and salesman's spiel he can explain how he actually acquired the 24 houses? That would be rather more useful.

I had basically no money, two years later I owned 24 houses and paid off all my debts. Ok, thanks for telling us how you did that.

You CLEARLY see that hes a passive worker because he literally made no presentation but rather decided to only speak (not even freely).

How did this get so many likes? He basically spent 80% of the video building up to what he was supposed to tell us - which he didn't even really tell us.

Um, can the economy function if everyone does this? Is it economically or morally viable for everyone to sit on a beach and just own stuff that's lucrative? Is this actually just for the benefit of posh people who already have the capital and network to do this? It's just for posh people? Got it.

"You can live infinitely forever" This quote is why people are so drawn to this movement. I am sorry to break it to you. Everything will one day burn and you will live forever, choose wisely. God bless 🇺🇸

from no money to 24 properties in 2 years...I want to know what bank gave a student 24 mortgages in 2 years or did I miss somthing

for those that do not know about passive incomes this talk is an introduction regardless of whether he makes money from it or not

I like the humble and honest way you use to talk about those subjects.

"2 years later 'owned' 24 houses". Thanks for the giveaway clue in the description that this is a bullshit waste of 15 minutes. And thanks to the people who commented previously for confirming it.

Not everyone can achieve passive income and because of this fact, passive income presents a moral dilemma. A real life example of passive income is a relative of mine who owns hundreds of rental properties. The mortgages were paid off decades ago and now he earns millions in profit annually. This is a prime example of utilizing the capitalist society AKA the American Dream. The problem with this dream is that if all the tenants paying their rent attempted the same strategy by giving up their manual labor jobs, the foundation of society would start to crumble. Some people have to do the dirty work for the benefit of the rest of society... We can't all lie back and let someone else make our money. I'm afraid to say that it takes a certain "looking the other way" mentality to let someone else slave for you, but hey, it's the stuff this country was built on.

The question he asked around 11:40 reminds of an Alan Watts piece that forever changed my perspective. It’s a great question to ponder to get to the root driving factors of your being.

1 of the most realistic & sincere presentation, which gives hope to many im sure. Thanks alot Alex.

"Anyone can do it!" But everyone can't. If everyone went into passive income from real estate, then no one would make passive income from real estate.

Successful people don't become that way overnight.what most people see at a glance-wealth,a great career,purpose- is the result of hardwork and hustle over time.

Some of the points that I liked the most are: - eveybody can achieve everything - what would you do if money wasn't a factor

Nothing new for me except for a new blog to read up on and the recommendedatkon to read Rich Dad, Poor Dad, which surprised me because I've been hearing it a lot but was passing it on. This might get me to read it.

Now people use Ted talks as infomercials.....the organizers should make some effort to keep the quality from ted talks from going down the drain.

If you have ever seen a get rich quick video, you really don't need to watch this one.

Courage. Burning the boats. Taking on the Jump to one's desires. Learning the trade. Faith in success after the work. One's ultimate goals therafter. Thanks!

Keep going Alex. If you take out all the sleeping pauses and redundancies, your enthusiasm and a look that sounds like a pro will come through.

Thanks for sharing your insights :) Every content that gives us hope und let us take action is valuable.

This sounds like Rich Dad Poor Dad.

Very nice , Loved it . Yup now I can think in the right direction and Im a student now . Thanks

"Before you climb up the ladder, make sure it's leaning against the right wall!" Love Stephen Covey!

"Don't worry about how," he says. Well that is the most important part, isn't it??? Why, is just pie in the sky that you'll never eat. How, is how it works. How, is how you do it. How, is reality not fantasy. I think I'll think about how for a while. If you know how, please tell me how, because that would be a lot of help to me now, thank you.

Invest in property, do affiliate marketing or buy stuff from China and sell it on Amazon. If you're young then start now. Don't believe your limiting beliefs. Read rich dad poor dad. Read his blog. Sorry guys. That's it.

I think this video can motivate people to start thinking about those important questions like "what would I do if money was not a problem" or "what are my life goals", but there is nothing more to it actually. There is no concrete information at all of how to achieve a passive income. It's rather an advertisement for his web site and the services he offers.

"Didn't have the headspace to consider other things".. wow, that is so true when you work really really hard all day. You can't even imagine what else you would do, and if you get a break, you can't function as an enterprise.

Good God! 4min into the vid, i had to look up the comments! And damn! thank goodness I looked up the comments.

Can we start labelling some of these TEDx Talks videos as clickbait? Thank you.

I dream of a world where people actually make useful, positive comments about things they learned from this gentleman and other speakers rather than making a bunch of negative comments like many made here. This speaker, Alex, is giving his advice based on his experience, Use, it or don't use it. No one made you watch it. Find the positive and move forward, and you will have benefited. Merely making negative comments serves only to keep you stagnant.

You have to have talent for whatever you do, like this guy. Most of the people I know who bought and rented property were successful. Only, all but one said they wished they had never gotten into it, such a nightmare. His point though is valid. There is a passive income stream, or streams of some sort out there for most of us. Takes a lot of effort to find what works for you.

Well congratulations! I'm an educated person and a hard worker in a health care profession and I always scoffed at owning property. I bot my first condominium at 60 years old. I feel good about it and I think this is the first step to achieving my passive income!

Nothing against this speaker in particular but it seems like more of these TED talks sound like a 15 minute advertisement. 5 minutes of a personal story, 5 minutes of feel good common sense adages, 5 minutes of pep talk ie you can do it find out more from my blog /buy my book / etc. I can't be the only one that found the statements: overcome self limiting beliefs, passive income can make money for you, do what you love leaving a bit to be desired?

Hello Alex. I enjoyed your video here. You mentioned that there is 60-70% of people that do not enjoy their work. Here is a story I like to share with you. I got into my car and turned on the radio to listen to some music, the DJ had a story to tell for general interest. " 97 % of people hate their job" he mentioned. Yes, as I listened to this story it took place on my lunch hour while i was in high school, grade 12 in the summer of 1982. Also I like to share another story Alex if I may. After I graduated from school (1982), I went to college for a technical trade. September started off with 30 students. After three months I found this training not to my liking as I wasn't technically oriented mindset. About five years afterwards I met a fellow student that had graduated from this two year training program. Out of 30 students, three graduated, only one of the three stayed in this career. So, out of 30 students, one stayed in as a career. This was in 1982, so you can imagine the ratio not only in this career path but others as well. Whether 60 , 70 or 97% of people do not like their work/ career, that is a lot of people that are not happy in life. So you can also imagine what their home life's are like as well. You spoke well in this video and I look forward to hearing more from you!

Wow, thank you! Actually productive talk on TED

Suggested new title: How to Say Nothing in a Fifteen Minutes Presentation

Honestly, this sounds like a late night infomercial. Quoting stats and using cliche terms that have been used countless times, is not a strategy.

Great talk. Thank you bless you, All your dreams come true.

Thank to you! Your speech make me a full of hope!

I cant figure out what i need to be in life...i like doing new things and get bored after sometime

I love how people say oh buy property become a landlord!! And youl make money! Even if people had the $$ a good portion of them don't know what it takes to be a landlord. Better have patience.. Because dealing with renters is tough then there's the maintenance and the paperwork.. The insurance... Yes you can make money..... But if your going to pay everyone to take care of things for you... Your better off working for someone and get paid weekly.. Less headaches. There is no free rides out here.

I like the advice to follow your heart's desire. But dreaming is only the first step to manifesting what you really want.

Glad to see everyone eyes are open and see what this is. save me some time.

when he said he wasn't going to go into the details of what you can do, I can see why there were dislikes at that point.

I slammed my brains out HARD for many decades doing exactly what he was talking about, including real estate and network marketing, and got nothing for my efforts. I was hoping this talk would give me some insight on where I went wrong. It did not. Heck, even the "Rich Dad" books I read were way more informative, and they were useless.

I've got some very minimal passive income from Etsy with digital product sales and it's fully automated. Haven't touched it in almost a year and I've consistently received around $60 every week and a half and it is the greatest feeling in the world seeing those funds added to your bank account

Remember when Ted was packed with info? I want it back

Anyone can do it, so true. Starts by making a decision.

30 years old, make around 42k/yr. If i lose my job and keep my 3 roommates, i can live at my current living standard forever, and in a few years, the standard will actually go up when the house is paid off. Joys of saving 65% of my income for the last 5 years

its frustrating as to just how relevant this guys talk is to my life prior to the self funded education and investments., uneducated in a lot of fields, experienced in a broad variety of others and with no idea where i want to head next. im at that point where after many jobs and being 25 not working i have all this time because i cant afford to do much, but trying to think of what i can do with the things i already have. and turn them into something creative and interesting for me, as well as others. or maybe i should just become a motivational speaker. YOU CAN CHANGE!! no, no foolery. on a side note i enjoyed this talk i give it a 8/10. witty entertaining, inspirational, however was a bit of a repetitive you can do it if i did it... okay but HOW?

Yes a little over my head but very necessary to plan for the future. thanks

Dear TEDx, From here on out, can we make it a requirement that speakers be able to memorize their talks? Or at the very least, the opening fucking line? Thanks in advance.

Very good and helpful presentation, young man! I'm proud of you!

Nice to finally watch this Alex - all the best

When he says little work its like going to the gym the 100th day in a row easy. It progressively gets easier the further you move along but you must do all the hard work to make it a habit and learn properly.

I'm 36, have been running my own successful business for 10 years, have a five figure savings account and have only recently become attractive to mortgage lenders. There's a lot he's not telling us...

Thank you Alex for an informative and inspiring talk. I am also walking the path of passive income. well said! I do not listen to the ney sayers and create my own path in life. so any negative comments on here are just people's closed minds. I celebrate your success with gratitude ☺

To be fair, I think this talk was meant to be more of an inspiration and an idea-starter. It wasn't a talk called "How I became successful in real estate" or a seminar. He said he Googled 'passive income'. We can do that. And he shared his blog URL to the audience.

Alex thank you so much for setting me Free

"How many of you have ever been fired?" "Perfect, Perfect!"

"Let me tell you guys what you can actually do with money - once you have it."

Soo true about "limiting beliefs"!

It's a nice introduction for those who have never heard of passive income before but I would have preferred him to go further in explaining his journey with facts and numbers.

Based on the comments I see why it is the few that do what this man is doing and that his central message was missed.

Really great inspiration. You have got me inspired to choose a life that I want and not stay stuck in a job that simply will not provide the freedom that I deserve. Thanks Alex!

I am planning on it. I am 30 years old and plan to retire by 40. I am a strong supporter of FIRE moment.

What can you do if you need the time to build your business to do your job to sustain yourself?

"Anyone can do it..." It is very important, however, that not EVERYONE does it. Unless, of course, the landlord of 24 "ok" houses, rents his luxury-home from an even WEALTHIER landlord. :-)

I was hoping to hear strategies for achieving passive income streams, no how great it must be to have money coming in... boo.

What a jeb-end. He was in the right place right time. He is about 10. I have seen many people make excessive wealth. You know what I realised, right place, right mindset right time. For the rest of us we statistically miss the boat.

wow.... that tells so much about our society values ...

How do you make a passive income if you live in a country where the markets are rigged and political corruption is rampant not only in government but at the local levels of government?

Rich Dad Poor Dad in 15 minutes.

Thank you, Alex.

I was sceptic of the quality of TEDx Talks, and at some point I thought they were real life hacks. Now I confirm I should stay sceptical

How thf did this end up on TED?!

Only basics - someone who knows what passive income means and who has motivation to do so, can skip it ASAP.

This was awesome and sincere. All the people talking crap about it probably have no interest in making passive income. I do though. The point of doing a ted talk is to give a great conversation piece and gain some publicity as a speaker. I don't see this as an advertisement because he didn't offer to SELL you anything. Go to his website and figure it out. Stop being lazy. You don't get passive income by being lazy. I will check out your Blog Alex. Thanks for the FREE info!

Really motivated and inspired.

The speaker is lucky and fails to realize it. Maybe the audience has similar starting point as his. But this talk is in no way applicable to many others. He mentioned paying back his "investors." Can he reasonably presume others to have such condition precedent? So in 2.5 years he owns real estates worth of 3.5 million and he started with his own cash plus loans. Right, everyone could do this if he or she spent the time on learning... The idea of passive income is desired by all. His answer to the "how" question is miserably inadequate.