How I Achieved Financial Freedom at 28 With Online Passive Income

https://www.youtube.com/watch?v=FmrwiK3Itnw I achieved financial freedom at the age of 28 through passive income from my online businesses. Here is a bit of my story and how I achieved that. Transcription: Some of you may know that at the age of 28, I achieve financial freedom through my online businesses, but not many of you would know exactly how I did that because I haven't really talked about it. So in this episode I want to talk about how I achieved financial freedom at the age of 28 through passive online businesses. So I'm just going to kind of talk about my journey, how I got started in this sort of stuff. What I think is required to create an online passive income business and how you can go and start to learn about that in more detail. I can't cram into one video exactly how to do what I did because it happened over about a 10 year period and that's not going to fit into what a 20 minute video or however long this ends up being, but I can share my story and hopefully this inspires you to go out and look for ways that you can generate passive income either online or offline. I started getting into learning how to make money online when I was 18, so 10 years before I achieve financial freedom through making money online. That's when I started learning about it, so it wasn't something that happened overnight. There wasn't some get rich quick scheme or anything like that. I was 18. It was my first year out of high school and I was reading a blog or had downloaded an ebook where someone had talked about going from scratch, so absolutely nothing and how they made $100 in 30 days and so they showed how they created a free blog and they started selling tee shirts and they created this income doing that and then reinvested the money to grow the business even further. And so as an 18 year old, this was extremely inspiring to see that you can go from literally nothing. So they took none of their own money to invest into this and then they started making money. So to think that at the time I didn't have much money. How can I go from earning nothing to making money online? And so I did basically exactly what the book did, I tried to copy it, set up a free blog, tried to create some t shirts that I could sell and sold absolutely nothing, got hardly any visitors to my blog, if any at all. And then I started looking at, okay, well how can I get more visitors to my blog? I started stealing content from other people's websites and putting it out on my blog because I wasn't a very good writer at the time and I didn't know what to write about. I started about 10 to 20 blogs at that time, all of which failed. But I learned a lot along the way and they didn't cost me any money to set up. So once I started doing that, then I learned that you kind of need to have your own website and your own domain. So I started investing some money into that. It wasn't a lot to get started for a domain, maybe $10 for a domain. Talking about five to $10 per month for hosting. Started getting into started blogging. I started blogging about all different sorts of things. Didn't really have a clear focus on how I was going to make money. I did that for a couple of years and didn't make very much at all, but I did make some money online and I knew that it was possible to do it. I found some strategies that worked better than others, so I would double down on those strategies and I would say growth, but it never really saw the income that I wanted to see come out of it. I also did a bunch of freelance writing at that time, so I was paid to write articles. I remember having to write 100 articles on Bluetooth headphones or like Bluetooth. What do they call, you know there's earpieces that you're talking to. So you're on the phone and using a Bluetooth earpiece. This was about eight years ago or 10 years ago now, so back in 2008, 2009. This sort of time. But I remember having to write a 100 articles on Bluetooth headsets and that was just not a lot of fun and the pay wasn't very good. So at the time I wasn't making much money online, the money that I was making definitely wasn't passive either. So I tried to do that full time while my wife Kelly at the time went to work, she dropped down to part time, so I'm trying to make money online while she's only working part time so we don't have much money coming in for ourselves. I think I was working in about one weekend a fortnight at a local pharmacy as well to get a bit of extra money coming in. But we were so poor that we had two cars at this point, so we had a Toyota Echo that my wife had gotten a 10 grand loan in order to purchase it for her job as a traveling merchandiser. And then we had my car, which we called the hammer. It wasn't actually a hammer. It was this bomb of a car that I bought for $500 and then it cost $1,500 in repairs to get it actually going on the road. And my dad paid the $1,500 in repairs. Not even myself. And what happened, we had these two cars and reggio came up on the hammer which was about a thousand dollars or $800 or something like that and there was no feasible way that we could afford the Reggio on this car and our parents weren't willing to pay for it. I don't even think we asked them to pay for it to be honest because we just could not afford it. Even though this is a car that had somebody missing into it. It was a really good car. We just couldn't afford the reggio to even register it and then try and sell it and maybe make a thousand dollars selling it. So we let the Reggio lapse. We then sold the car to the records for $100, but we're at the point where we had no spare cash. In order to do that, rather than having a weekly budget, we had a measly measly daily budget of how much money we're allowed to spend each day. Because that was the only feasible way to kind of wrap our heads around how money we had and how we could try and stretch that. But that didn't really work. We often over when we often went over budget and it was just a really hard time. So around that period I kind of eventually got into work, so I was working more at the pharmacy. I then moved across into the compounding lab that the pharmacy had. So it was working four days a week when we had our first child. I then had a friend who worked for a pharmaceutical company and helped me get a job in there and then got a promotion through there, ended up working on the road as a pharmaceutical rep earning six figures when I was around 23, 24. So I remember being 23, 24 stressed out of my mind because I had a two point $5,000,000 budget or something like that or pharmaceuticals than I needed to sell. And I was working with business owners who had multimillion dollar pharmacies and trying to get them to sell more of our product, training them. But I really kind of learn a lot about business through that because I wasn't one of those pharmaceutical reps that went to doctors. I was one that went to pharmacies. We sold generics and so we would help the pharmacies to sell more generics because they make more profit on the generic. So I did a lot of business consulting in that role as well as actually being a pharmaceutical rep. so that was really good experience for me to build up my confidence because I. I did lack confidence in trying to sell myself in trying to put my ideas across to the world. And when you're in sales and you're forced to be happy in front of clients every single day, you build up this confidence and you build up this hardness to you that you can go and you couldn't do it. And when I'm talking with people who have multimillion dollar businesses and I know what I'm talking about and there's some aspects of things that I knew more than they did and they're taking advice from this 23 year old kid who looks like a child wearing a suit. But I knew what I was talking about and I could get that across to them that I was on this different level. So I've built a lot of confidence in that while I was working as a pharmaceutical rep, I did start this website which has now caught on property previously back then it was called cash flow investor, so when I used to work in the call center and I would catch the train to and from work. I had an original ipad at the time and as I would sit on the train I would write out articles about investing in property, which I was really interested in as well as how to find positive cashflow and things like that. So I started on property on the side when I was working in the call center. Kind of continued working on that as as a pharmaceutical Rep. the problem that I had with that was that I was so drained from work. Work was so stressful and demanded so much of me. I had two small children. I had a wife with postnatal depression at the time. Life was just draining that there wasn't much energy and there wasn't much creativity left in me at the end of the day to write blog posts and to try and grow my passive income, but every now and then I'd get spurts of inspiration and I would create articles and try and grow my blog. I remember I created 123 articles for on property before I ended up quitting my job and going full time. I remember that number because when I quit my job I wanted to double that as quickly as possible, so that was a big focus for me, but I also at the same time, use that opportunity to learn as much as I could about Internet marketing and making passive income online. So as a pharmaceutical rep, you're driving around between multiple different pharmacies. I used to work in Newcastle. I used to also travel up to foster. I spent a lot of time in my car and so when I would spend that time in my car, I would listen to podcasts and I would try and educate myself on making money on the line. I learned about podcasting, how to start a podcast and I learned about how different people make money through niche websites, which are websites on a particular topic,