12 Simple Ideas To Earn Passive Income - Ali Abdaal | Modern Wisdom Podcast 393

Ali Abdaal is a Doctor and a YouTuber. Money makes the world go round. After the last 12 months, everyone should have realised that relying on a single source of income is not a very antifragile way to construct a financial set up. Creating multiple revenue streams is a great way to de-risk yourself, and today we get to find out 12 of Ali's favourites. Expect to learn why the S&P500 almost always beats expert hedge fund managers, how Ali makes his money on YouTube, why Coinbase is great for crypto investing, the easiest way to create an online course, why houses are still a great investment idea, how to automate a business, the best and worst ways to make affiliate marketing money and much more... Sponsors: Join the Modern Wisdom Community to connect with me & other listeners - https://modernwisdom.locals.com/ Get 20% discount & free shipping on your Lawnmower 4.0 at https://www.manscaped.com/ (use code MODERNWISDOM) Get 15% discount on Craftd London’s jewellery at https://bit.ly/cdwisdom (use code MW15) Get 5 days unlimited access to Shortform for free at https://www.shortform.com/modernwisdom (discount automatically applied) Extra Stuff: Follow Ali on YouTube - https://www.youtube.com/user/Sepharoth64 Check out Ali's website - https://aliabdaal.com/ Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom #finance #money #passiveincome - 00:00 Intro 01:09 Why Bother with Passive Income? 06:51 Stocks & Shares for Beginners 14:22 Investing in Real Estate 24:13 Making Money from Digital Products 30:04 Creating Profitable Online Courses 40:33 Becoming an Affiliate Marketer 50:17 Offering Value on Membership Sites 54:12 How to Automate Your Business 58:34 Conclusion on Passive Incomes 1:01:59 Where to Find Ali - Join the Modern Wisdom Community on Locals - https://modernwisdom.locals.com/ Listen to all episodes on audio: Apple Podcasts: https://apple.co/2MNqIgw Spotify: https://spoti.fi/2LSimPn - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: https://chriswillx.com/contact/

Ali AbdaalguestChris Williamsonhost

Nov 4, 20211h 2mWatch on YouTube ↗

EPISODE INFO

Released: November 4, 2021
Duration: 1h 2m
Channel: Modern Wisdom
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

Ali Abdaal is a Doctor and a YouTuber. Money makes the world go round. After the last 12 months, everyone should have realised that relying on a single source of income is not a very antifragile way to construct a financial set up. Creating multiple revenue streams is a great way to de-risk yourself, and today we get to find out 12 of Ali's favourites. Expect to learn why the S&P500 almost always beats expert hedge fund managers, how Ali makes his money on YouTube, why Coinbase is great for crypto investing, the easiest way to create an online course, why houses are still a great investment idea, how to automate a business, the best and worst ways to make affiliate marketing money and much more... Sponsors: Join the Modern Wisdom Community to connect with me & other listeners - https://modernwisdom.locals.com/ Get 20% discount & free shipping on your Lawnmower 4.0 at https://www.manscaped.com/ (use code MODERNWISDOM) Get 15% discount on Craftd London’s jewellery at https://bit.ly/cdwisdom (use code MW15) Get 5 days unlimited access to Shortform for free at https://www.shortform.com/modernwisdom (discount automatically applied) Extra Stuff: Follow Ali on YouTube - https://www.youtube.com/user/Sepharoth64 Check out Ali's website - https://aliabdaal.com/ Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom #finance #money #passiveincome - 00:00 Intro 01:09 Why Bother with Passive Income? 06:51 Stocks & Shares for Beginners 14:22 Investing in Real Estate 24:13 Making Money from Digital Products 30:04 Creating Profitable Online Courses 40:33 Becoming an Affiliate Marketer 50:17 Offering Value on Membership Sites 54:12 How to Automate Your Business 58:34 Conclusion on Passive Incomes 1:01:59 Where to Find Ali - Join the Modern Wisdom Community on Locals - https://modernwisdom.locals.com/ Listen to all episodes on audio: Apple Podcasts: https://apple.co/2MNqIgw Spotify: https://spoti.fi/2LSimPn - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: https://chriswillx.com/contact/

SPEAKERS

Ali Abdaal
guest
Chris Williamson
host

EPISODE SUMMARY

In this episode of Modern Wisdom, featuring Ali Abdaal and Chris Williamson, 12 Simple Ideas To Earn Passive Income - Ali Abdaal | Modern Wisdom Podcast 393 explores ali Abdaal Breaks Down Practical Paths To Realistic Passive Income Chris Williamson and Ali Abdaal discuss why passive income matters, framing it as a way to build an “economic engine” that buys back time and increases life optionality. They walk through low-to-high effort strategies: index-fund investing, real estate, YouTube, digital products, online courses, memberships, affiliates, and more. A recurring theme is starting with active income, then gradually automating and delegating to make income streams more passive over time. They also emphasize the importance of audience-building, trust, and email lists as foundations for monetizing skills and content online.

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