Hey there,

In this newsletter, I'm going to walk you through my favourite online business model that allows you to create passive income streams and achieve true location independence and financial freedom.

Now we will go over the basics but in future insights I will teach you everything completely free.

It all started when I accidentally stumbled upon this model at just 21 years old and made $30,000 in my very first month. Pretty crazy, right?

The Business Model: Digital Product Stores

The core concept is simple - you partner with creators who have an audience but aren't properly monetizing. You'll set up an ecommerce store for them to sell digital products like video templates, ebooks, graphics, online courses, etc. In return, you take a cut of the profits, typically 30-40%.

Sounds like a win-win, doesn't it? The creator gets to finally monetize their skills and audience, while you earn recurring revenue just for facilitating the ecommerce side.

Here are some key advantages of this model:

• Extremely low startup costs and skills required: Use platforms like Digisell to launch professional online stores in 1-3 days with no coding or design experience needed.

• Massive profit margins: Since you're selling digital downloads with no inventory or shipping costs, the profit margins are incredibly high. I'm talking 95-99% in some cases!

• Location independence: Operate these stores from anywhere with just a laptop and internet connection. This passive income allowed me to become a full-time travel filmmaker.

• Minimal risk: There's very little overhead or sunk costs. If a product/niche doesn't work out, you can easily pivot to a new vertical.

How It Works

1. Start by partnering with just one creator in your circle, even for a smaller revenue share initially if needed. This allows you to get your first case study.

2. Use that success story to start outreaching to other creators in that niche and negotiating revenue share deals.

3. As you grow, look for opportunities to fund creators to develop new products that you can sell on their stores.

4. Rinse and repeat, scaling this up across multiple creators and verticals. Use the profits to improve your lifestyle, pursue passion projects, hire help as needed, or branch into other online business models.

Here's the beautiful part - you don't even need to be a "creator" yourself or have an audience to get started with this model. You're simply acting as the digital entrepreneur facilitating the monetization.

In my case, these digital product stores were the foundation that allowed me to live my dreams - getting paid by sponsors to travel the world and create films, working with brands on commercials, all while having these passive income streams.

And it all started with me nervously launching my first little store selling video editing color presets to a small 30K Instagram following.

The Potential Is Limitless

By following this model, I've been able to generate anywhere from $500 to $2,000 per day in profit from a single store, all while having a great impact by helping creators monetize their skills.

More importantly, this was just the start. Having little "income streams" like these allowed me to progressively reinvest into building bigger businesses, investing in assets like real estate, and ultimately achieving total financial freedom.

I didn't need to trade insane hours for dollars or risk it all on a start-up. This was just a simple, low-risk way to get my foot in the door of entrepreneurship and begin mobilizing my income.

So if you're looking for a way to start earning online income with very little upfront costs or skills required, I'd highly recommend giving this model a try. Maybe it'll just be your first step towards bigger things like it was for me.

Let me know if you have any other questions! I'm happy explore more advanced strategies around finding lucrative niches, negotiating creator deals, scaling output through contractors, and more.

To the start of your journey,

Kay