"Investing in Stocks: "Now an index fund is something like the S and P 500. And when you invest, let's say, $1,000 in the S and P 500, that basically means that your $1,000 is distributed amongst the top 500 biggest companies in the US. So, you know, weighted by how big they are.""

"Passive Income through Stock Investment: If you put in $7, 500 in the S and P 500 and you left it there for 5 years, then 5 years later, you would be making roughly $100 a month, if we go by this very average figure of 10% a year. Or if you invested $5, 000 in the S and P 500, then 10 years later, you'd be making $100 a month in purely passive income, again, assuming the 10% average."

"Investing in Stocks & Shares: But stocks and shares is a very, very easy way to make passive income. And to use my personal example, these days, my stocks and shares portfolio, which I've been investing in since 2015, is now worth around about $350, 000 And the vast majority of that is in the S and P 500 index fund."

"Starting a YouTube Channel: How hard is it to start a YouTube channel? Well, I'm gonna give this 1 out of 5 stars because it's very, very easy to start a YouTube channel. You just go on youtube.com, you click create a channel, and you can upload videos by just filming with your phone and uploading it."

"Monetizing Podcasts: There is no YouTube AdSense for podcasts. And so you need a sponsorship or a brand deal to make any money for your podcast, generally speaking."

"Podcast Monetization: once you've stumbled on a formula that works, once you know how to be a podcaster, it's easier to continue going once you've already gotten started, as is the case with most things."

"Passive Income through Digital Products: Now these are products that you create once like an ebook or a download or an app or something like that. So you create it once and then you can sell it multiple times because selling digital products doesn't usually have any cost associated with it."

"Digital Entrepreneurship: And the way you get people to pay you money for something is that you identify a problem that they have, you solve that problem, and then you charge money for it. And if you can do those 3 things, then it's I wouldn't say it's easy to make $100 a month, but it's very doable to make $100 a month. You just genuinely have to have something that solves a pain point that other people are willing to pay for."

"Encouraging Productivity and Education: 'I've teaching on Skillshare since September 2019. And I've actually just released my new online class called productivity for creators, how to start a successful side hustle where I teach you the ins and outs of how you can, well, create your own side hustle in your spare time without quitting your job.'"

"Maximizing Online Course Profits: The good stuff rises to the top. So if you genuinely have a really, really, really good class and you put it on Skillshare, then even if you don't have an audience, there is still a high chance that if the class is actually good and people watch it a lot and people recommend it and give it high ratings, it will rise to the top and it will start getting recommended to people who find it on the Skillshare homepage or who search for it specifically."

"Power of Having an Established Audience: Like everything becomes easier when you have an existing audience by creating content that has been valuable over a long period of time very consistently. That audience knows, likes and trusts you."