Heres my 10 streams of income as a 21 year old entrepreneur! Instagram: @RealHaydenBowles #1: Ecommerce.
This is primarily shopify dropshipping, but I have sold millions of dollars of products online through Shopify, mostly with Facebook Ads. This is a personal passion of mine & an income stream I have a lot of fun doing! #2: Hard/Private Money Loans.
This has been for real estate purchases like house flipping, cars (Lamborghini's, an Audi R8, GTR…etc) and for private business loans to fund something. I never invest money into a startup or to help get something off the ground. But I will consider a semi-secured loan with collateral to help grow an existing business or to do more deals which will produce more income. That can be a win-win. #3: YouTube.
While YouTube is not a money maker for me since all revenue goes back into it, it has definitely led to other things! But I have built a YouTube channel to 250,000+ subscribers over the last 3-4 years, and it could definitely be considered a business. You can definitely make money on youtube, and theres a lot of extra things that come with it. #4: Courses.
Online courses has been a huge income stream for many people across hundreds of industries. From Van Life, to home renovations, real estate… you can find a course for pretty much anything. I have had a few courses focused around advertising skills inside of the eCommerce space, primarily with shopify dropshipping since it's the easiest way for most people to start. This is not a large income stream for me at all, and is not something I frequently open up to let students into. But it sustains itself & brings value to clients in my advertising company, so that's been my focus there. #5: Coaching.
I love working with existing business owners 1 on 1 because I can come in and give a TON of value that usually leads to increased results in the first 24 hours. I find that very fun. People will pay me $5,000 – $15,000 for a few hours of help & access to some resources. Some clients have made an extra couple million dollars in the first year with what I have showed them/done for them. So it's a pretty epic return and is something I enjoy doing. I just opened that back up, so you can apply for that here: https://haydenbowles.typeform.com/to/Co1h7llh #6: Brand Deals.
This is one of the many "extra" things that YouTubers do to make money, and it can be a huge revenue stream. Personally i decline every offer I get and only work with companies I personally know. I do this because I don't want to promote something I don't use or find useful, I believe that's unethical. I also don't do youtube brand deals for the money, so I can easily say no since it's not really worth my time anyways. But this could be an extra $20,000 – $50,000 a year, give or take. #7: Affiliate Marketing.
This is something I have done for 6+ years through Instagram and Facebook Ads. Primarily CPA offers that convert very well, and I will build external landing pages on platforms like ClickFunnels and UnBounce. This can be $500 a month or $130,000 (revenue), it just depends. The biggest variable here to making money with affiliate marketing for me is Facebook Ad accounts getting disabled. This has been a really fun side hustle that created another online income stream using my skills. #8: Real Estate Investing.
For me, this is buying single family and multi family rental properties. I invest some of the money I make into building a rental property portfolio, and the cash flow has been growing steadily on that portfolio. #9: Advertising Agency.
I totally skipped over this in the video, but this is one of the largest companies I run and has the largest amount of team members (employees). We primarily help ecommerce business owners build systems & scale their advertising (Facebook Ads, TikTok Ads…etc). #10: Dividend/Portfolio Investments.
This is primarily my ETF's and Mutual Funds that I hold long term, but I also have a Robinhood and ETrade account to do some daytrading and swing trading for fun. ► Dropshipping Course: https://www.ecommseason.com/pd
► Facebook Ad Course (0 to $10Million): https://www.ecommseason.com/academy 📲Have me teach you to run ads (1 on 1): https://haydenbowles.typeform.com/to/Co1h7llh
Work With My Agency (Book Free Call): https://ecommseason.typeform.com/to/aBNYYL 📈 Custom Shopify Stores WITH Winning Products: https://www.ecommseason.com/store SUBSCRIBE To The Channel ► http://bit.ly/2n37hkL —– —– *Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based on my own experience and research. There is no guarantee on anything due to the fact that there are many variables in your success. This is for entertainment purposes only.
My 10 Income Streams As A 21 Year Old Entrepreneur ($1m +)