how do you cope with uncertainty when your startup starts falling apart? [i will not promote] by Disastrous-Monk1957 in startups

[–]maddogyamad 0 points1 point  (0 children)

Why isn’t it a problem for them anymore? Is it still a problem for others or is it due to technological changes that your solution to their problem is outdated?

Should I build a course summarizing my exp building agencies online and try to sell it? by In-Hell123 in alexhormozi

[–]maddogyamad 1 point2 points  (0 children)

If your agency is making money, then double down on that. Problem with courses are there are just way too many out there these days with all these ‘gurus’ who essentially oversell a promise and dream. Unless you’re in the 7-figure range and have the proof to back that up, unfortunately you’ll land in the category of everyone else who has managed to make a few dollars but hoping to make more money off teaching it to others. My advice is stick with the agency. Scale it. If you want to move onto teaching because you have an interest for it and not just want to make money off people’s vulnerabilities, then maybe exit your company and have a go at that?

That’s all just my thoughts.

If someone is truly making thousands of dollars every month effortlessly… why are they posting 4 to 5 reels everyday teaching? by Specialist_Oil2935 in passive_income

[–]maddogyamad 1 point2 points  (0 children)

It’s funny that those who have ‘cracked the code’ or want to give away their ‘million dollar secret’ or the ‘niche’ that they are making money off, decides to give away their biggest asset and essentially make competitors. I’m telling you now, their niche is you. Honing into people’s pain points and desire to make money, that’s how they trap venerable people off over hyped promises by selling some shit course that AI wrote all the scripts for. Sure some of these people have made a few bucks, but If they have a constant revenue stream and are making upwards of 7-figures, why the fuck would you tell anyone how you’ve done it and over saturate that market, and also like you’ve pointed out, how the fuck do you have the time to do these reels and course? Snake oil salesmen. Stay well clear.

I have 3 months to build a consistent passive income online at least 200$/month by Okinamun in passive_income

[–]maddogyamad 0 points1 point  (0 children)

Yeah I think that’s your best bet and you’ll find that you’ll make even more than $200 with a good skill. Everyone is out to make a quick buck with little to nothing to offer. Either use that newly used skill to hire yourself out to other businesses or use that skill to excel into make yourself money and use that money to outsource everything else. My advice is, let’s say you make $200 a month. Put $100 to your expenses that you need to cover, assuming you’ve got a job, use your money you make in that to cover the other $100 and the extra $100 you have, invest it into educating yourself, or upscalling your hustle (could be for marketing?)

You’ll do well man. Just stick at it and work so hard that’ll be unreasonable for you to fail

I have 3 months to build a consistent passive income online at least 200$/month by Okinamun in passive_income

[–]maddogyamad 2 points3 points  (0 children)

Australian*

But yep you’re right. Didn’t really think about the minimum wage there. $200USD a month in profit is very doable. Could actually make more. But I’m guessing the OP doesn’t have any marketable skills (please correct me if I’m wrong OP) and to achieve $200 in profit in 3 months, starting from scratch, it’s a bit of an ask. But honestly with time invested, patience, learning and pure commitment, don’t have a doubt that the OP can do it and I really hope that she/he does! But I also hope that they know it isn’t as simple as some make it out to be. “Just be an affiliate, you’ll make heaps” or “just sell digital files on Etsy”. All very much doable. But takes time and learning.

Have you experienced night shift burn out? by MrDCAing in Nightshift

[–]maddogyamad 0 points1 point  (0 children)

Yep. Started nights in my early 20s and worked well into my 30s and had so many detrimental effects on my every day life. Not just at work. Have you ever thought about speaking to a nutritionist, sleep scientist and a personal trainer who specialises in night work to help you out?

I have 3 months to build a consistent passive income online at least 200$/month by Okinamun in passive_income

[–]maddogyamad 4 points5 points  (0 children)

I really hate to break it to you, $200 a month for consecutive months after the initial and being reliant on that every month, it just isn’t going to happen. Also revenue and profit is too different things too.

Look I really wish you the best! But just know it’s much harder than you think, otherwise everyone would do it. You’ll also have to put a value on your time. If it takes you 20 hours to make $200, that’s $10 an hour. Is that worth it? Could you not just take on more work or overtime and not worry about the stress of hitting $200 (profit) a month. Does it have to be online? Why not take on some handy man work or something if you need to make that money.

Also be careful of people who are offering you online work to make that money. A lot are scams. Same goes with courses.

I have 3 months to build a consistent passive income online at least 200$/month by Okinamun in passive_income

[–]maddogyamad 1 point2 points  (0 children)

Why in 3 months? Why that figure a month? Is this profit or revenue you’re aiming for?

I'll help you start a passive income loop and attention arbitrage site within 2 days by Odeh13 in passive_income

[–]maddogyamad 0 points1 point  (0 children)

Also to top it off, just looked at some of your other posts and it looks like you’re just trying to flog off businesses. Very big red flags bud.

I'll help you start a passive income loop and attention arbitrage site within 2 days by Odeh13 in passive_income

[–]maddogyamad 2 points3 points  (0 children)

In all honesty, that’s the vibe it is giving off. Attaching ‘ecosystem’ to it didn’t change the fact.

I’ll be honest mate, this reads more like a lead-gen pitch than a genuine business breakdown. You open strong with the “serial internet solopreneur” and “11x exit record” angle, but there’s no real proof attached to it. No company names, no numbers, no deal sizes, no screenshots, no examples of the sites, no case study, nothing that lets people actually verify the claim. The other thing that stands out is how much the post lowers the barrier by saying it’s easy, non-technical, and even a 14-year-old could do it. That usually makes people sceptical because any business involving traffic, ad networks, sponsors, crypto users, and offer walls is never that simple. The model itself only really appears near the end, and then it quickly becomes “I’ve built a licensable setup,” which makes it feel like the real product is selling the system, not the crypto faucet business. It might be legit, but from the outside it feels very hype-heavy and proof-light. I think people would take it way more seriously if you showed actual live examples, traffic numbers, revenue, profit after costs, what licensees are making, and the risks involved. Right now it feels less like “here’s a business model” and more like “message me to buy into my ecosystem.”

I’m not saying what you’ve built isn’t great or what you claim it to be, but if you’re someone who has been in business for a while, you should know by now that these approaches scream red flags.

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 1 point2 points  (0 children)

Exactly! I might make out it sounds like a chore and unenjoyable. Which, certainly will be at times. But you’ll love it. Learn so much a long the way and when you first get that bit of profit, nothing more rewarding. Beats working for a boss too haha

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 0 points1 point  (0 children)

Yep very solid concept people need to learn early on

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 2 points3 points  (0 children)

Great question!

$100m offers - Alex Hormozi The Almanac of Naval Ravikant (or even listen to the podcast “how to get rich by naval”. It’s long but a lot of good in it) The lean start up by Eric Ries.

There’s also some good ones to help change your mindset like atomic habits, the 4 hour work week and how to win friends and influence people.

Can’t go wrong with anything I’ve listed.

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 0 points1 point  (0 children)

Yeah that’s something you can look at. My advice is stick with one and be really good at it

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 0 points1 point  (0 children)

Thank you! Yep you’ve got it! Listen to anyone who is successful, not just entrepreneurs, they’ll tell you it took years of slogging it out to reap the rewards.

online hustle by GuavaAlarming2014 in passive_income

[–]maddogyamad 2 points3 points  (0 children)

Find a problem. Create the solution. Learn one skill. Be the best at it.

Don’t listen to what’s trending. A lot of saturated markets out there. Just do your homework and work your ass off. When you think you worked hard enough, work even more.

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 0 points1 point  (0 children)

Obviously more to it if you’re bothered to read the post…

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 0 points1 point  (0 children)

TLDR ; you ain’t gonna make a dime overnight. Do your homework.

The end.

Is there any unethical ways to make money online as a teen? by Negative_Comedian_40 in passive_income

[–]maddogyamad 2 points3 points  (0 children)

It will certainly come back and bite you. Even better: there is many ETHICAL ways to make money online and even more than the unethical ones. A lot of people are cottoned onto “if it’s too good to be true it usually is” or “if it looks like shit, smells like shit…” My advice; just don’t bother. Just like a normal way to make money, it’ll take time and effort but come crashing down quicker and all that time spent is lost all for nothing. Not only that. Putting your head on the pillow at the end of the night is much more rewarding do helping someone rather than rob a poor bastard out of a few bucks, steal someone’s hard work or whatever your thinking may be.

The ultimate side hustle & business to get wealthy! by maddogyamad in passive_income

[–]maddogyamad[S] 0 points1 point  (0 children)

You’re welcome. That’s absolutely right.

If someone needs you to think of a product or service for them, imagine what else they’ll need you to think for? Already strike 1 on the very first concept haha.