How I Built 11 Income Streams By Age 23
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- čas přidán 7. 07. 2024
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👤 Jensen Tung: / jensentung
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I'm Jensen, a filmmaker and entrepreneur. I make videos on entrepreneurship and personal finance, and my honest experiences along the way. My goal is to help you create a more fulfilling life for yourself. Subscribe to be a part of the journey!
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TIMESTAMPS
Intro - 0:00
Income Stream 1 - 0:20
Income Stream 2 - 1:02
Income Stream 3 - 2:20
Income Stream 4 - 3:31
Income Stream 5 - 4:35
Income Stream 6 - 5:20
Income Stream 7 - 5:56
Income Stream 8 - 6:46
Income Stream 9 - 7:33
Income Stream 10 - 8:31
Income Stream 11 - 9:25
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VIDEO SUMMARY
Now more than ever, multiple income streams are essential to creating financial stability and achieving financial freedom.
Today, I want to share with you the 11 income streams I've built as a 23-year-old entrepreneur, and a little bit on how I built them. Hopefully, by the end of this video, you'll be inspired to further diversify your income, and also have a couple of new income stream ideas to act on. Other CZcamsrs like Ali Abdaal, Graham Stephan, Andrei Jikh, and Tatiana James have also made videos like this too.
Not financial advice!
How I Started 3 Businesses In College: czcams.com/video/jDMT5syuWrA/video.html
What are your income streams?
My music where Spotify pays me 0.04 cents per stream 😂
I don’t have any😢
Forex
Just crypto so far HOLD!
Office job and scholarships 😂
Believe you can and you're already halfway there.
If you are watching this video you are already on the path to greatness.
Facts
Hopefully
Faxx
Depending on one stream of income had never made any millionaire and earning check don't put you on forbes
Investments are the stepping stones to success, investing is what creates wealth.
Most intelligent words I've heard.
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
Expert Tamara Diane Hagan is the best, recommending her to all beginners who wants to recover losses like I did
Trading with Expert Tamara Diane Hagan was never a regret to me, All thanks to her, she is the best I have ever seen
Guys, its good to learn. But don't pay attention to "what age" or "at an age of". Don't pressure yourselves in achieving something at a young age. You will put too much pressure on yourself and won't be able to enjoy life.
@@user-um7cf1vc2y lol at least don't do this on his channel
You are correct.
I'm 16 and i always talk to my mom about investing and finance, and she always tells me this
That’s facts
Bro I want to move out
Millionaire in the making
To the moon! 🚀
Yess
*Billionaire in the making*
@Abhay Shah how do you know he
not a millionaire?? Looks can be deceiving you know?
@@juno673 Exactly
Dropping my personal notes here in case anyone finds it useful :)
Detailed timestamps:
Intro - 0:00
Startup (storage hotel - active to start, passive later on) - 0:20
Cryptocurrency (active if u trade lots, passive if u hold) - 2:05
Traditional Investing (ETFs - passive if u hold cuz 💎✋)- 3:35
Client work (basically freelancing/consulting/side hustles - active tho) - 4:46
Google adsense (passive, requires content/audience) - 5:50
Brand Sponsorships (lots of $, but active and requires and audience) - 6:35
Affiliate marketing (passive, requires content/audience) - 7:11
Patreon (passive, predictable income but requires content/audience) - 8:01
Licensing fees (passive and requires content/products/audience) - 8:47
NFTs (passive, but requires content/audience) - 9:46
E-commerce (easy to start, scalable, passive, but requires audience/attention) - 10:40
My personal notes:
- Time is limited. Aim for income streams that are passive (i.e. require work, but not constantly to generate income) - note how many of the above have a passive element
- continue making content (don't give up!!!) because there is so much potential in the creative space, especially once you have an audience (note how many of the above items rely on having an audience and content)
Action items:
- Make a crypto account/wallet, and research/hit up a friend about crypto who knows more about it
- Make an amazon associates/account/profile and add stuff to it that I actually love to use and would recommend
- Take tiktok more seriously and post LOL
Thanks Jensen as always for being so detailed about your explainations!
Andy, this is an INSANE summary! I'm so happy you got so much from this video. Thanks for sharing this to everyone brother!
@@jensentung haha always! 🔥🔥🔥
This is an amazing summary omg
What the hell... Do I need to watch video? Saved so much much time.
I'm almost 23 and kinda lost everything from a bad relationship. I hope I can one day have this many passive income streams
You can do it. It's comeback season 👊
According to Robert Kiyosaki the best investment one can ever make is in taking the time to truly understand how one's finances work. Too many people are much more interested in the quick-hitting scheme, or trying to find a short-cut to real wealth.
There is never a short cut to destiny, a consistent effort bring about success.
You are right, consistency always bring success, Tamara Diane Hagan my account manager once said " Four years ago she was trading and losing so much founds but she never give up, she continue leaning more skill's that will enhance her growth.
I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.
Tamara Diane Hagan changed my life because of the huge profit I got from investing with her.
Did you trade with Tamara Diane Hagan?
I have been hearing of her tireless effort in making profit for investors. How can I contact her?
One of the best content creators on CZcams, not only helping people to sustain themselves but helping them on CZcams
As someone who is just transitioning into an adult, your content is always so great and informative!
idk why but my world start shining when i watch his videos cuz he is honest about everything and gives good advice in life or other things
Damn, school educates is over a period of 20 years only to leave us with a singular income, whereas Jensen left us with ELEVEN streams of income in just 10 minutes, you’re a legend man
You're a legend for writing this comment 🙌
true. southgatescapital actually manages my funds. im up 85k
just this year alone.
@@jonasrominger3065 kindly release their contact
@@grantvlada2229 southgatescapital
Straight to the topic & no BS, I love it!!
#1 - Startup
#2 - Cryptocurrency
#3 - ETFs
#4 - Client Work
#5 - Adsense
#6 - Brand Sponsorships
#7 - Affiliate Marketing
#8 - Patreon
#9 - Licensing Fees
#10 - NFTs
#11 - Ecommerce Business
Thank you for being so transparent! Really inspired by you.
Thank you for the time stamps literally saved my time!!! Was moved to give a like just for that
From one 23 year old to another, it's inspiring to hear your entrepreneurial journey. Subbed and can't wait to see more from you!
I've been seeing that haircut ad eveywhere! Imagine my surprise when I find a video made by the person in that ad! That's unbelievable!
Style uninterrupted!
This video's gonna blow up, you're insane dude how in the hell are you this good...
The quality of your videos/camera including the editing is awesome 👍👏😊... Inspired by your work everyday.
All about that diversification!
Boris vlada manages my funds, im up 86k
@@garretttodd2182 contact please.
Ei hello from vietnam, cool stuff
Xin Chào anh Phúc
That is awesome! 11 income streams at 23, imagine when you’re 30 🤯
I’m 18 and also an entrepreneur myself. Are you ever in NY? Would love to treat you to lunch.
Never been to New York, but would love to go someday! Thanks so much for watching!
I live in new york and would love to meet you for lunch. I can pay for myself and a good convo can go a long way for both of us. Im 22 years old and training to be a pro track athlete. Im a very positive person and love to help others!
@@TrackStar42 are you talking to me or Jensen?
@@MahirSadman12082002 Can we be Friends 🤝
I'm from India
I'm 17 now
A Future aspiring Tech - Entrepreneur
@@anonwolf7730 definitely brother. Are you on Instagram?
Interesting content! Having 11 income streams, personally, I think is quite alot but honeslty who couldn't do with more. However, in the present days, it really is hard to live on without more than 1 income stream and these are some of the best streams to have
When Tokyo Drifts DK become a good guy 💯
Thank you so much. I’m going to have 5-7 streams of income before 23 or by. Learned a lot!
Just found your channel and it's great🔥 thanks a lot
You are killing it at 23 my man 💪🏻
Inspiration, bro, I watched your you know series of how you did this and I think this one is probably the most exciting one because you are just a little boy, but you have a huge a huge, you know, potential to be, you know financial Free.
Thanks bro!
😊👨🏽💻❤️ Great video! Self filming and self haircut! Now that’s multi-tasking!
❓ *How to Stay Productive Every day:*
*1. Wake up early.* 🕒
*2. Have a to-do list.*
*3. Schedule item to the time.*
*4. Get to work early.*
*5. Don't eat early.*
*6. Prepare your meal on the weekend.*
*7. Avoid Social Media in the daytime.*
*8. Be consistent and stay focus.*
*9. Take a 20-minute break for every 2 hours of work.*
*10. Check your to-do list to confirm if everything is okay and done.*
*11. Sleep early (mental health is important)*
*13. Stop procrastinating*
12. Don’t have a productive point number twelve
Super inspired by you Jensen - cheers from Australia! - CZcams here in the making :)
- Andrew
Thanks Andrew!
Amazing video! I never heard about Trends. I'm definitely going to try it out. Thanks for the RECOMMENDS.
gah i forgot aboiut this guy but I just love him. he seems so kind and genuine and I just really enjoy his videos. Theres just a friendly, welcoming feeling. Top notch!
Very motivational Jensen, can’t wait to see you at the top and hope to see more stuff like this! 🙌🏼
Thank you Jacob!!
@@jensentung Absolutely, keep killing it!
INVESTING IN CRYPTO NOW SHOULD BE IN EVERY WISE INDIVIDUAL'S LIST, IN SOME MONTHS TIME YOU WILL BE ECSTATIC WITH THE DECISION YOU MADE TODAY.
crypto... is the act of
speculating an cryptocurrency price,
movement via a CFD trading account,
or buying and selling the underlying coins via an exchange.
Expert Campbell Greg traded my 0.5BTC to 2.6BTC in just 2weeks of trading Bitcoin,
He is the best,
Wow we're almost the same age yet you're very financially witty already. Couldn't be me XD
Thank you for sharing your tips! I need to get on your level. Lol
Hey man, I hope you see my comment and get the chance to reply. My question is: how are you able to stay handle all this? Its so much management and work, do you not burn out? Maybe I need to rewatch your notion video, but like, how do you stay so organized? Thanks, tim
I burn out all the time, unfortunately. I'm not a master at time management, so that's why I try to focus on passive income streams rather than active ones. Taking it day by day!
thank you very much indeed
let's get the way to 1 million subscribers 😉😉
good luck Jensen Tang 😎😎
🙌 Thanks so much!
Found you from MC jin's video comments, all right, this is some good info !
Thanks for being honest . Keep it up bro . You have a bright future for your honesty
Thanks!
That title made me feel like I'm getting flexed on
Great content 🔥🔥🔥you earned yourself a subscriber 🤙🏾
Thank you so much!
Inspired me a lot ❤️from Karnataka India..!!
So basically I have to become a CZcamsr and I automatically have like 5 income streams at least
💯
Dude. Good stuff. Thank you.
Glad you liked it! Thanks for watching.
Hey Jensen Tung, big fan of you man. Love your videos. Very great insight and down to earth.
Thank you brother!
Thanks for sharing your knowledge!
The video i was waiting for!!!
It's finally here!
@@jensentung yayay
1st one was amazing got my own idea from yours thank you so much jensen
No problem!
Awesome info!
*Everything you've ever wanted is on the other side of the fear.*
U earned a sub bro....my name is Ahmed so basically the same name as u! Also I'm amazed that you're only 17 but managed to have a full productive day in ur daily routine vid, while still managing to do things related to your faith! I am 16 so seeing ur channel made me realize that i must start fixing my missed up routine and do more important things 👌🏼
I love that quote
Thank you for sharing, very inspiring!
Always inspiring my dude 🙌🏼🙌🏼🙌🏼
Appreciate it!
I am from Sri Lanka.your videos are really great . All the best for your future success
Thank you so much!
I live in an almost underdeveloped country, and I always envy those who can buy stocks from companies they like because we can't do foreign stock exchange. Uhhh
Thanks for being so inspiring, I will revisit this video next year hopefully with a well running 5 figure business
Great video !
This channel is about to go to the moon 🚀
Pshhh i had 2 income streams by the time i was 1 years old. Mom & dad.
LOL and all the uncles and aunties during Chinese New Year
Great job on the video. Very helpful
really love your video bro. from cambodia
I have multiple streams of spending, but not income
For more profitable advice and suggestions
thanks for this and congrats
Amazing video as always! Are the income streams in order with No 1 making the most?
Thanks for this! Very informative. That jawline could be an income stream of its own 😜
Gotta start my jawline Onlyfans 😂
😝 Income stream 12
you're my idol Jensen come back to NUS
Shaaaad up! Thank you
This is the only CZcamsr I know that responds to most of the comments
I try!
Your the best.
We have the same photo background :) Cheers.
Sick video man. Very practical streams of income. Im 21, atm I only have 2 streams of income. Once I graduate I will have more time to set up more streams. (also btw I just cut my own hair today after watching your other vid and it looks really good btw. my friends told me it looked great before i told them i did it lol)
Great inspiration bro!
Quite helpful and knowledgeable video👍
Спасибо!
Nice jcole poster another genius just like you.
For more profitable advice and suggestions
sub! thanks for providing some options! that I don't know existed(felt like a caveman)..hahaha
True inspiration 🔥
Thank you 🙌
Look at you!! Boss af
Thanks Liana! I appreciate it.
Awesome video 📹 thanks for sharing
Nice atmosphere around us of you
Love it!
Damn 11 streams is rly amazing
8:53 I knew I you seemed familiar!
Such a great video sending love from Africa
Is it more profitable eventualy to have one very focused income stream divide your attention among many streams?
Many of these Income streams exist because you have a CZcams Channel.
Google Adsense, Licensing Fee, Affiliate marketing, Brand sponsorships, Patreon.
Those are only profitable if you have a large audience. By means of this, you're inspired me to start a channel.
Thanks for this informative video! You're so amazing to have many Income streams when your age is only 23. Keep going and keep thriving, man!
Wow that's awesome. I'm 21 this year and I do not have any side income coming along and would totally love to generate more income streams. Is 21 too late to start?
It's not late, it's early!
Your hustle is inspiring, thanks for sharing all of this info. I already do stock investments and im doing well off that. Subbed btw :)
🙌🙌
@wais_45 hey how did u start your stock business?
@@hopefulsoul2523 hey, I use wealthsimple its the canadian version of robinhood, I just invested in etfs and mutal funds
the last time i was on your channel was for tips on how to cut your own hair
Glad to have you back!
GREAT VIDEO
For more profitable advice and suggestions
Yeah, 11 income streams are awesome, most people reach up to 6 or 7, but as I like to say - the more, the better. Such a valuable video, thank you! 🔥🔥
Had to make it big for the CZcams algorithm Hahaha thanks for watching!
This is a big help.
Appreciate it!
Make me a millionaire, Jensen!!!!!!! Great video as usual 😊 now, time to get started on these....
Judy you are AMAZING
hope i will be having same income sources in the next 5 years
6 of the passive streams point to becoming a youtuber talk about diversity
I am 16 yrs old and started my journey to become wealthy ...
lots of love jensen from INDIA
Me too 16 wht u started ?????????
Pls tell me to Wana do business
@@violettegames9324 I am thinking to start learning high income skills .. (copywriting)
Well, good for you
These are times when investments has really become the prior task for achieving actual success. Courtesy of an experienced hedge fund manager I’ve generated a passive income streamline from my investment returns in the stocks market, grossing a total profit of over $67k
for as long as i can remember i’ve procrastinated on my plans to venture into stock investments, how do you go about your investments with your fund manager?
@@Axelk8 He goes by the name Ronald B. Furey and he provides an investment management service where he handles my trading analysis and executed trades with his superior expertise giving me a much better standpoint and chance of earning colossal profit returns. His ability to create strategies that works in accordance with the market trends is something that comes easy to him and I’m glad I took advantage of that
@@Axelk8 For further inquiries you can reach out to him on what s app
+ 1 3 (8 5 4) 3 7 1 - 1 5 8
@@BUCTHA4 how do you do it.... i mean what processes do you have to go through?
What else besides dividend stocks that generate cash flow for additional income in investing?
@-Black Lotus- capital gain is actually the opposite of cash flow.
Watched the ads to add a little bit to your Adsense revenue!