How I Built 10 Income Streams By Age 23 - How I Make $15K Per Day

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Make Money Matt
In this video I reveal my 10 different income streams and how I make money online with them. If you'...
Video Transcript:
I've built up 10 different income streams that bring me in anywhere from $5 to $15,000 every single day by the age of 23 now this might sound unbelievable and crazy but I'm going to be breaking down the exact numbers with you within this video how much each income stream is bringing me and this is basically a follow-up of a video I did over a year ago talking about my eight different income streams we've added a couple income streams on and we've gotten rid of a couple and I believe I've optimized my income streams a lot
more and I think this is going to bring a lot of value to you if you are all thinking about making any money online now the biggest new income stream which is income stream number one is my new software company called tube magic tube magic is a software that helps YouTubers optimize their videos using the power of AI it can do things like come up with unlimited great video ideas for you it can find you the best niches that make the most amount of money it can write scripts completely for you and we have several
different script templates depending on what type of content you might want to make and it can even upload and optimize your videos completely for you now tube magic has just crossed over $104,000 in monthly recurring Revenue we have several thousand people signed up on the software and they're all paying monthly to get access to this software now you might say Matt that's awesome I want to make my own software but one of the things I do need to mention with this income stream in particular is that this is a little bit more of an advanced
income stream and I say that because it has costed me hundreds of thousands of dollars in order to hire developers and acquire a software that was already out there and then hire developers to make it even better and better and this has costed me multiple six figures in money so this is a little bit more of an advanced income stream that you might want to start considering once you already have a good amount of money in the bank that being said the potential reward from this income stream can definitely be huge plus you get the
satisfaction of actually making a product that helps other people and ideally one that also solves a problem that you have as well that's part of the reason I made tube magic I personally run over 12 different YouTube channels and I needed a software that could utilize AI specifically for doing YouTube so that's part of the reason that I made it literally just selfishly for myself I initially was thinking of inquiring this software just for internal use but since then we have released it to the public and another reason this $104,000 of monthly recurring revenue is
a little bit deceiving is due to the fact that this also includes annual revenue for people on annual plans which will only come in in a year and also all of the money that tube magic makes is going back into making the product better getting developers and also in promoting the software more so we can get more users and just keep making the software better and better now there are no code software tools out there if you're a little bit more of a newbie when it comes to doing this but even those I found to
be incredibly complex you know there's websites like bubble.io for example and I played around on them a little bit but the learning curve even on the things that are supposed tobly more simple than learning to code yourself were actually quite complex in my opinion so again I would not recommend this for a beginner income stream but an income stream I would recommend is our second income stream on the list which are YouTube Niche channels these are faceless YouTube channels and this is how I started making money online these are the channels that got me a
lot of the play buttons that you see back there and these are channels where I never have to show my face I never get on camera I hire people to Outsource all of these channels and make all the videos for me now my YouTube Niche channels have consistently been making me around $30,000 per month for a long time and this is through ad revenue on these Niche channels specifically so that's about $1,000 a day which is really good the profit margins on these channels are also very high even though I Outsource a lot of the
work a lot of the work is outsourced into countries where the cost of living is a lot lower so it's a win-win on multiple fronts now if you want to get started with your own faceless Niche YouTube channels this is one of the income streams I can definitely recommend for beginners if you're at all considering doing this then I would look into doing a channel within one of the best niches on YouTube which are any of the niches up on the screen right here and that's due to the fact that these niches typically have higher
than average cpms meaning you can make more money per thousand views Within These niches and if you want to see step-by-step tutorials on exactly how to do this my Channel's full of them I've got tons of different tutorials on exactly how to start faceless YouTube channels and faceless YouTube channels have completely changed my life maybe they can change yours too and speaking of teaching people how to run these faceless YouTube channels that brings me into income stream number three which is my new course the tube AI system this is a brand new course that I
recently launched which shows my exact strategy on how I grow optimize and monetize channels using the power of ai ai has revolutionized my processes in so many different ways when it comes to running my YouTube automation team my team costs have decreased dramatically and I've been able to get way more done using the power of AI so I've decided to make a course showing exactly how I use AI within my YouTube companies and that's the tube AI system now the other month we did $200,000 the first month launching that program and the program is consistently
now making around $100,000 per month but I think with some optimizations we can get around $200,000 per month consistently and this program also comes with a year subscription to tube magic so anybody who's thinking about getting tube magic anyways they can just get that and get the year subscription and basically get an amazing course for free with that now along with running faceless YouTube channels I also run this channel that you're watching right here which is my personal Channel make money Matt and this channel also has ads turned on on it and it makes around
$20,000 per month from ad revenue from this channel now I always say that the tactics that I teach when it comes to growing on YouTube monetizing your channel and everything else they work for all types of channels not just faceless Niche channels even though that's primarily what I teach if you are for example running a personal Channel about anything I believe that these tactics that I teach can definitely work for it as they've been able to work for me in growing not only my faceless channels but also my personal Channel as well so if you're
thinking about running a personal Channel I would highly recommend it it was one of the scariest things that I've ever done having to show my face on camera when I first got on camera several years ago I literally had to record dozens of of videos before I finally uploaded one cuz I thought they were so bad I was so awkward but over time you get used to it and if someone like me can do this anybody caner a personal Channel it just takes some more work for some people like myself than others they might be
saying Matt that's amazing $20,000 per month that would absolutely change my life and that's just from ad revenue on the make money mat Channel but the real money when it comes to running YouTube channels is not made directly from ad Revenue it's made by selling digital products affiliate products and other alternative ways of monetizing your Channel because the amount you can make per thousand views in some instances can be over $100 $200 per th000 views whereas if you're just relying on ad revenue is going to be much less than that anywhere from $1 to $30
per thousand views at the absolute high end and our next income stream is from my YouTube program tube Mastery tube Mastery monetization is my Flagship program that shows exactly how I run faceless YouTube automation channels and this program brings me in around $70,000 per month from people joining it we keep it updated and up to with all of YouTube stuff and we're continually making that program better and better and we answer every single question daily within that program so anybody think of running a YouTube automation Channel I would highly recommend checking out tube Mastery I
believe it'll pay for itself and much more in not only the knowledge you get but also the ability to ask questions get them answered quickly boom just move on and basically just follow a checklist when it comes to doing YouTube now a lot of people have been asking me should I get tube Mastery or should I get the tube AI system basically the tube AI system is more geared to to if you're running an AI power Channel and it's basically comes with the yearly plan of tube magic so if you want tube magic anyways I'd
go with the tube AI system if you're not sure about tube magic yet I'd recommend tube Mastery you might be saying Matt that's amazing having courses and everything but I don't know enough about a subject to be able to teach a course on it so as much as I would love to have some course Revenue coming in what's another way I can make money outside of that and our next income stream is affiliate marketing now affiliate marketing doesn't require you to have to make your own product because you can just sign up to promote somebody
else's there's tons of different courses out there in fact all of my courses have affiliate programs that people can sign up to promote and get 50% of every sale that they refer and even my new software even though people I knew were telling me you know you should only give 10 to 30% at most for software but we decide to do something crazy we get 50% commissions with tube magic there's not really many softwares out there that can say anything similar to that especially ones that are really good and that actually can help people so
if you want to promote tube magic or any of my programs you can but you don't have to there's tons of different programs out there that you can promote online and I make around $10,000 per month from affiliate marketing just by putting a couple affiliate links within my courses a couple on some of my Niche channels brings me in a good consistent income and affiliate marketing is one of the income streams I would recommend for people starting off it's amazing for beginners now once you start making money from a variety of different income streams it
becomes really important to ask yourself what should I do with this money and that brings me to my next income stream which relates to how I store my money and how I make it work for me to make more money and that's by putting money into a high yield savings account this is basically a savings account which will give you a high interest rate on the money that you put into it so say you put $10,000 into a high yield savings account that pays out 5% per year that would be $500 divide that by 12
you'll have a passive income of around $42 just from that high yield savings account so I personally make around $4,000 per month from my high yield savings account it's definitely some nice extra money and I would highly recommend opening one as soon as you get some money now another way of storing your money and making it multiply for you is by doing investing now I like to invest in dividend stocks now none of this is investing advice I'm not a professional whatsoever I would consider myself a professional on YouTube but when it comes to investing
I'm definitely just learning about all this stuff and I make around $1,000 a month from dividends from companies that have invested in with dividend investing this is through investing in funds like SD ji QQQ and more again none of this is investing advice it's just what I personally do and while investing money that you've already made is great because you can multiply it for you the best investment at least in my opinion that I've been able to make is reinvesting in my own businesses doing things like acquiring tube magic or our next income stream that
I'm going to talk about which is Instagram they might be asking Matt how do you make money from Instagram well basically I've spent a lot of money investing in my Instagram account buying things like shoutouts and advertisements on Instagram in order to grow my personal page make money match to the point that now I can use it to promote any of my other businesses that I have and Instagram makes me anywhere from 10 to $30,000 per month we'll just call it $10,000 a month right now and that's with barely posting on it and I haven't
even bought ads on that account in a while but when it comes to running Instagram accounts you can also even run faceless Instagram accounts that's what a lot of people I know online do and they make great money from it basically running theme Pages similar to what you can do with faceless YouTube channels for example you could call it faceless Instagram account just reposting pictures and videos and then eventually when your account grows to a certain point you can also sell shoutouts directly on your account selling advertisements to companies and influencers and people and I
know a lot of people who make full-time incomes just from doing that and one reason that growing an audience online is so amazing is due to the fact that you can leverage that audience in so many different ways for example with my YouTube channels not only do they make ad Revenue not only can you do affiliate marketing from them not only can you sell courses but you can also monetize in our 10th income stream that I'm going to be talking about today which is sponsored videos this is something I've been doing more lately is selling
sponsored video slots on places like my personal Channel and other channels in companies that I already believe in and that I already personally use a lot of these companies anyways as well so it's just a win-win on a bunch of different fronts and I make around $30,000 per month from sponsored videos and you'll notice once your channel passes 10,000 especially 100,000 subscribers you'll get a lot of companies reaching out to you to do sponsorships on your Channel they'll typically be like 60-second Integrations but if you want to make a lot of money you can also
sell dedicated Integrations as well so now here is the grand total per month of all of my different income streams right here on the screen and all of these income streams right here add up into $479,000 per month or $15,995 per day you might look at that number and be like oh my gosh Matt that is insane if I could even just make a tiny fraction of that that would be incredible well guess what it's 100% possible to do a couple years ago I was a completely broke high school student sitting in class hating my
life not knowing what I was going to do for a job or even just a general direction that my life was going to go in I'm so thankful that I found out about running YouTube channels and online business at such a young age it completely has transformed my life and I believe it can for you too if you put in the work and you make it happen it's not going to happen for you it's not going to happen overnight but what I can tell you is that if you put in the work and you make
sacrifices that hard work does have the potential of paying off and I am living proof of that now like I said earlier I do want to give the disclaimer that this $400,000 per month that I make goes up and down some months it'll be 200,000 some months it might even be more and I can't guarantee you're going to make this much money just by watching this video obviously this has taken me over 10 years to build up to this point I know I look super young but I've been doing this literally since I was 14
years old and I'm about to turn 24 in a couple days here and I'm super excited to see what the next 10 years will bring for all of my students that are out there making it happen for themselves always be here to help and share any new insights that I get on anything that I believe will help you now another disclaimer that I wanted to quickly give here is that when you look at these high Revenue numbers that a lot of influencers go over like for example $400,000 per month it sounds like an insane amount
you have to remember that a lot of times these influencers have a lot of expenses associated with these Revenue numbers as well for example like I mentioned with tube magic I'm putting all of the money back into that company in order to grow it more and more and part of that reason is because I've been able to get wealthy from my Niche YouTube channels and from my personal Channel and selling courses prior to doing a business model like that and those are very high-profit businesses where I don't have to spend that much money in order
to make a ton of money so therefore I can fund the lower profit business models that are something that I just want to do anyways but when you can do those lower profit business models over time they can grow into something very big and also you can build a lot of equity in those as well that can sometimes be worth a lot so I hope you learned something new from this video now if you're at all interested in running a faceless YouTube channel I have a completely free course that you can check it out next
to me right here in this free course I'm going to show you exactly how to run faceless YouTube channels the best niches to do this and how to actually grow and get views and subscribers fast and I'm going to break it all down within this video next to me right here my name is Matt par thanks for watching and I'll see you there
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