5 Passive Income Ideas for 2026 — Full Breakdown & Transcrip

[00:02] going to talk about five ways that you can make a passive income and for each difficult it is to start how difficult it is to make $100 per week and how and running and we're going to see a good amount of variation among these

[00:17] dive in so what do I mean by passive income put simply it's money that is not directly tied to your time you put the time and or money investment in once in into the world for it to generate income without it needing more of your effort

[00:33] an example you write a cookbook with all of your recipes once and then it can be sold repeatedly forever with little to no additional work from you now I think it's important to clarify that passive income is not this Rosy magical getrich

[00:46] literally doesn't exist you need to provide some type of value in order to make any income I also think we often associate passive income with hustle businesses on the side Gary ve David goggin I actually think think about it

[01:00] pretty much exactly the opposite because passive income plus diversification allows you more freedom and time to focus on other aspects of your life without the stress of relying on one sole source of income so as with all

[01:12] income streams even passive ones require your time and or money upfront to get it started and let's kick it off with the king of all passive income streams investing with a focus on dividend stocks for this video so this is one of

[01:25] the most straightforward passive income strategies out there and I'm excited to talk to you about it it so if you're new to investing Dividends are shares of a company that pay you out a portion of their profits on a regular basis usually

[01:37] every quarter and that is Cash being paid out directly to you without the need to sell the stock which is truly passive as with any investment though the key to making any money doing this is to choose the right stock so when it

[01:50] comes to dividends I would start by familiarizing yourself with stocks that are known as dividend Kings so these are a select group of companies in the stock market that have in increased their dividend payouts for 50 or more

[02:02] consecutive years which is really saying something by the way that means that even during economic down turns like covid Doom bubble the Great Recession when these companies likely had lower earnings lower market cap they still

[02:14] their dividend payouts to their investors which I think just shows solid a company's ability to withstand tough economic Cycles so after dividend Kings comes dividend Aristocrats no I'm not making these names up I wish I was and

[02:30] their dividend payouts for at least 25 consecutive years so besides the obvious and Aristocrats would be a good place to start because they're consistent and are a lot of companies out there a lot of young companies that might draw you

[02:45] in by offering really high dividend payouts I would be cautious of these impossible to know which companies will maintain that commitment without a long track record to show for it now our evaluation metrics how difficult is this

[02:58] evaluation metrics how difficult is this to start it is so easy one out of five stars so one Willie all you have to do to start investing is download an investing app deposit some money and buy the stocks my personal experience I

[03:11] little bits of you know birthday money here and there and then more and more in income and then after my internships in college and now I invest a majority of my income so point is it is not hard to start even at a young age and Good Golly

[03:26] you do start at a young age but no matter how old you are the saying is the yesterday the second best time is today so and it's easy okay difficulty to make $100 per week doing this this is where things get a little interesting let's do

[03:41] some quick maths so company's dividend yields are calculated on an annual basis so let's start by annualizing our $100 per week that's $5,200 per year now let's take Target one of our well-known dividend Kings and their current annual

[03:55] dividend yield is 3.05% so to make $5,200 per year or $100 per week just from dividend income with Target you would need to invest wait for Target you would need to invest wait for it $1

[04:12] Willies the capital investment needed to make a significant income from dividend payouts alone is quite High even still any money is better than none and you can kind of think of it as a tree that grows really really slowly but steadily

[04:25] and finally difficulty to maintain I would give this zero Willies if I could might want to check in on your stocks to see how they're doing every now and then but even then the long game is the best way to go for almost all investors so

[04:38] dividend stocks are certified passive final note on dividend stocks because I like to insert my little personal opinion here I personally elect for all of my dividends to be automatically reinvested because I'd rather just have

[04:52] for me for longer since I'm young and I can have a lot of years for it to grow I if you're young and you have all that time but at the same time if you do have enough income invested for your dividend payouts to earn you a significant income

[05:07] cash flow to have so whatever works for you that's just what I do and none of to say all right let's jump into our second passive income stream and this creative side so I'm excited to talk about this one and it is print on demand

[05:23] so what is print on demand basically it's a way to create custom merch like t-shirts posters mugs tote you name it without needing to hold inventory because the product is printed and shipped only after the order is placed

[05:37] custom merch whereas with typical merch fulfillment the products are created anticipation for the demand so it's a really great option for entrepreneurs and creators and side Hustlers who want to sell custom merch without having to

[05:51] for me personally merch is something I've wanted to do for a long time but of made me put it on the back burner forever and that is one finding a good fulfillment and like production partner seemed like a really daunting task and

[06:05] so I just never did it and two I literally don't have space to hold in the event that I did any of the Fulfillment myself but print on demand exactly how to do this and I'm very lucky to have the world's largest print

[06:19] on demand network with over 140 production hubs in 32 countries gelato so I'm going to use their platform to walk you through this process and it's you don't have to be a creator with a big following there are people making

[06:35] thousands per month on Etsy by selling Custom Pet merch and lots of other things which gelato fulfills for them so if we browse through their product different categories I'm going to do mug because I like to drink copious amounts

[06:49] of coffee just going to drop in a picture of the love of my life this is picture of the love of my life this is how it would look absolutely perfect and you you can see that you get 50% off your first order so if you're ordering a

[07:02] sample to you know quality check 50% off makes it like pretty reasonable now this myself I like to think everyone loves Willie as much as I do but if I wanted to sell custom merch here's what I could do so I just made three really quick

[07:18] Custom Pet templates I use Willie obviously but I put your pet's name here would look like and because gelato integrates seamlessly with so many providers like at Etsy Shopify a ton more I could post these three things for

[07:33] sale on my Etsy Shop directly from here and one of the things that makes your life so much easier is that when the orders come in on Etsy they're fulfilled directly automatically through gelato they do the printing and shipping for

[07:45] you literally while you sleep once those orders come in so a thought that I had print on demand model does that mean that shipping times and Lead times are a lot longer since you don't already have the item ready to go when the order

[07:58] comes in Well turns about 90% of gelato orders arrive within 5 days of ordering and 90% are produced locally because they have so many Global print providers which kind of blew me away let's say your Etsy customer lives in Australia

[08:11] gelato will find its nearest print partner in Australia to produce and then ship locally that item so to bring print on demand back into the context of passive income let's run it through our evaluation metrics so difficulty to

[08:24] start I would give two Willies of course there's going to be some time and creativity involved upfront because you got to make the designs and you have to but with such sophisticated platforms like gelato with a ton of customization

[08:37] and functionality it's honestly easier than ever to get a shop up and running without even having to make a financial investment besides probably ordering a sell just to check for Quality you know so it's very low risk with this model to

[08:51] start you don't even need a proof of concept okay difficulty to make $100 per on this and here are some interesting facts so Merchants with 10 to 50 products have an average of 7.5 times the revenue compared to Merchants with

[09:05] less than 10 products so it behooves you to have a lot of things up for sale which you can do using this method with no additional cost so combining the low-risk nature of starting this and the ability to scale it globally my research

[09:18] deems it very doable to make $100 per week doing this if you have a Creative Design so let's give this category two and a half Willies and finally difficulty to maintain I would give this two Willies because because you're

[09:30] items for sale as time goes on and monitor your sales which is sometime investment but for the most part once the designs are created and up for sale interested in trying this for yourself you can try gelato for free and get 50%

[09:46] off your first order if it's placed within 72 hours of creating your account and thank you to gelato for enlightening me on print on demand all right jumping into our third passive income stream I'm also excited to talk about this one kind

[09:59] of excited to talk about all of them and it's to create a digital product so this is something that you create once like a budgeting template or an ebook or an online course or a video scripting template you name it but before talking

[10:12] could do to figure out what you should make let's talk about a few of the reasons why digital products are such a great business model for passive income the first is really low overhead costs so similar to print on demand where

[10:26] product is something that exists on the interwebs so there's no production or constraints that you typically have with a physical product and with those low overhead cost and no physical inventory comes a really great ability to scale

[10:42] globally it can be sold repeatedly without additional ongoing costs which margin because your cost is basically zero besides the time and effort put into making the thing and finally it is easy to update so let's say you have a

[10:55] bonus chapter for your ebook or a bonus module that you want to add later you is pretty cool okay so those are some reasons that I'm such a proponent of digital products but the hard part is making something that people will

[11:09] actually buy the key is to create something valuable that your audience actually needs whether it's sharing your expertise or a tool same with YouTube content creator that focuses on personal finance and Entrepreneurship maybe

[11:23] there's a budgeting template that you made and show in your videos that your cook and you want to share all of your recipes in one place a downloadable ebook could be a great option or an online course is a really great business

[11:37] model for people who have expertise in one particular subject and want to consolidate all of their knowledge in one place via typically video modules but what if you're not a Creator that's already in a specific Niche and you're

[11:49] product to make again going back to providing value whether it's your expertise or a tool think about what you specifically could provide value on what is your competitive advantage that's where I would start how you can

[12:02] transform something that you are extra good at into a tool that someone else could use so difficulty to start I would give this one and a half Willies really anyone with a phone or a laptop could do this that's the beauty of it being

[12:15] digital the hard part is what comes next and that is actually making something that's worth buying and making sales so without focusing on the $100 metric just for a second let's talk broadly about how difficult it is to make any money at

[12:27] all doing this the real is for you to be successful with a digital product it has to be genuinely very good because it is such a competitive space there are just so many digital products out there a lot of which are free so yours has to stand

[12:41] and as I think about Market entry I usually think about something being first different or better obviously those are not mutually exclusive categories but let's say your digital product is first it's the first of its

[12:54] mover Advantage there let's say it's different where maybe your product is something that's been done before but you put your own personal spin on it or third it's better that's something that's been done before but yours just

[13:08] say that you get to that point where you figure out a digital product that is genuinely really good from there I would say that making $100 per week on this is someone with an audience will definitely have a Tailwind here because you likely

[13:24] your product just because it's yours which is something of value in itself so I would give this category three and 1/2 Willies it's not easy to make a digital product that is very good but once you do I think that hitting the $100 per

[13:37] week Mark is very achievable and finally difficulty to maintain so there usually is some upkeep here whether you're updating your product or checking it on sales to make sure everything's running smoothly maybe some customer service but

[13:50] the hard part of creating the product in the first place is over and it's out in the world to serve as a really really great passive income stream for you with little to no additional cost is it certified passive yes but with some

[14:03] Light maintenance involved so let's say it's passive light and give this video a thumbs up if you're finding it helpful so far all right we are getting there let's Now cover our fourth passive income stream which is affiliate

[14:15] marketing so what is affiliate marketing this is income that you could make from promoting someone else's product or service and every time someone makes a purchase through your referral link you earn a small Commission of that sale and

[14:28] this is is very passive income all you do is generate the links pop it in the done probably the most popular affiliate program is through Amazon it's called Amazon Associates and literally anyone with social media account can sign up

[14:42] for this and start making those links so I have some top secret Insider info here YouTuber friends over the years and we're going to get into it some of it might be surprising but starting with how difficult it is to start it is so

[14:55] easy again you just sign up for an affiliate Network like Amazon Associates or ltk so I'd give this like one Willie really easy now difficulty to make $100 per week through affiliate marketing is as always where things get a little more

[15:08] with you here depending on your business model it can either be really easy or pretty hard so I touched on this in my annual income video but I have some Creator friends who are making over $40,000 per month just from affiliate

[15:23] revenue and those are just like friends of mine that I know personally that have talked to me about it I'm sure there are tons of creators big creators who are affiliate Revenue so what type of Creator easily makes 100 per week doing

[15:37] this typically it's creators with a focus on products so I know I use him as an example a lot but my friend shervin makes a lot of reviews on health and fitness and Technology items which are typically more expensive things now if

[15:51] he makes a commission on one of those more expensive items you could do the math that's obviously more money in his pocket plus it's pretty often that expensive products have an affiliate program of their own on the other end of

[16:03] things have you seen those videos come up on Instagram reels or shorts or Tik Tok or whatever 10 Amazon finds that you have to buy and it shows cute little like kind of useful things from Amazon those videos are made for affiliate

[16:16] Revenue so those are not high ticket items but they are high quantity as in millions of people watch those videos because they're fun short easy to digest and even if there's only a 1% conversion of audience to clicking on your

[16:30] affiliate link that is a nice Payday for that Creator so for creators that have a focus on products it is I would say much easier to make $100 per week finally someone like me who doesn't focus on products but still pops links in my

[16:45] description to things that I get asked about a lot or that I just use to make my videos I would say it's actually pretty difficult to make $100 per week it is certified passive income for sure but you kind of need two things one an

[16:58] audience to pretty big numbers whether it's the ticket price of the item you're promoting or the quantity of clicks that you're getting to make a real Dent so since there's a number of criteria to kind of meet here in order to make $100

[17:11] I would give this category four Willies I still think any Creator should pop the things that they use to make their videos at least but I just wouldn't this unless you're a product focused Creator and now breath of fresh air

[17:26] difficulty to maintain is literally zero Willies once the links are in place it is so certified passive that it's not even funny we'll give it half a Willie to update the links and add new things as you start using different products

[17:40] work is done all right saving the best for last in my very biased opinion the fifth income stream is to start a YouTube channel okay hear me out putting my personal stake in YouTube aside for now it is actually a really beautiful

[17:55] business model that can generate a lot of passive income now you might be be thinking Taylor how is having an actively running YouTube channel passive at all and you'd be right it is incredibly UNP passive to create a new

[18:09] YouTube video but the way that they generate revenue is largely passive let me explain all of your videos including old ones that you haven't even touched since you first posted it will continue to generate ad Revenue so long as they

[18:22] get views forever so yes of course there is a time and effort perhaps money investment upfront to make the video but once it's up it's making money without any additional effort from you for as long as it lives on YouTube so a real

[18:36] life example of this passivity let's look at some of my own numbers here so little over $119,000 which by the way actually is not a lot for a video with geez 5.8 million views but I digress so you could

[18:49] argue that this is the subjective time frame that doesn't count as passive earned like pretty shortly after posting the video but look at all of this passive income that it has generated over the last 2 and a half years without

[19:03] me doing anything look at all these coffees this old video is buying me $52 coffee okay but down to business it's all fun and games to talk about but how money from and to maintain starting a YouTube channel is easy you just have to

[19:18] your phone and then press publish the barrier to entry is extremely low you need to spend money you just need a computer or a phone and some internet internet connection so let's say two Willies it's what comes after this that

[19:32] is the hard part now difficulty to make $100 per week in YouTube ad Revenue let's walk through it first you have to become eligible to make money on YouTube and for this you need 1,000 subscribers and 4,000 watch hours typically a lot of

[19:46] creators hit this Milestone anywhere from 6 months to a year plus after starting and that's if you post high quality videos consistently which is the hard part but once you're monetized what do we need to make when $100 per week so

[20:00] the average RPM which means Revenue per melee or Revenue per thousand views that you get on YouTube is around $2 that's the average it's pretty low so to make $100 in one week with a revenue per thousand views of $2 that would mean

[20:14] that you need 50,000 views in one week that sounds like a lot because it is the good news is if you are watching this video the odds are that the content that you would make would have a higher RPM in other words videos that focus on

[20:28] personal finance or entrepreneurship self-development things tendentially related to these topics famously attract a higher earning audience and for that reason advertisers will pay YouTube more to have their ads shown on those types

[20:42] of videos and that means a higher RPM for you than $2 probably somewhere closer to $8 to $10 which also means you don't need quite as many views to hit that $100 Mark now these numbers sound huge and super unattainable if it's any

[20:55] motivation use me as a benchmark I started making $100 in ad Revenue per week when I had about 7,000 subscribers so it's very doable so anyway taking all of this into account I would honestly say that it is 4 and a half Willies to

[21:09] make $100 per week from YouTube ad Revenue mainly because the first part of really grinding to get your channel off the ground to get it moving and then to continue making high quality videos consistently that's the hard part and

[21:21] that is what ultimately would earn you the $100 per week the good news is that it's not quite as difficult to maintain once you have this kind of In Motion now analogy I'm about to show you but if you guys ever took physics do you remember

[21:35] kinetic friction versus static friction basically it is much harder to get basically it is much harder to get something to start moving than it is to keep it moving now this is a silly example it's not hard to do either

[21:47] because I'm so big and strong but if you think about moving a couch the hardest part is that little jolt to get it moving and then once it's sliding it moves relatively easier once the hard part's over it's the same with YouTube

[21:59] videos as it pertains to passive income so once you have a long catalog of great videos behind you that can help you do a lot of the heavy lifting in filling up that $100 per week jar the difficulty to maintain those is zero I'll still give

[22:12] this category to Willies because you still need to be honing your craft and uploading new videos to maintain this well-oiled machine but the income on old videos is certified passive so these five revenue streams I think varied

[22:26] quite a bit in terms of difficulty to start make money at and to maintain what they all have in common is that they can allow you to diversify your Revenue without trading too much of your time for money and it really is these types

[22:38] of revenue streams that I personally am going to be striving for in my life lead a more Balanced Life which is a big goal of mine all right question for you this far first which of these five revenue streams would you be most

[22:52] excited to start and second if you could automate one part of your life what would it be if you found this helpful please give it a thumbs up and subscribe i' really appreciate it I also have more business and personal finance content

[23:05] coming soon that you won't want to miss but until next time turtle but until next time turtle out oh yo hi I'm getting a out oh yo hi I'm getting a thumbnail do you like the the

[23:18] thumbnail do you like the the pants y yay