The 11 Ways I Make $19,000/Month in Passive Income

In this video, I reveal all of the streams of pretty passive revenue we’ve created for our business.

1. Stock Photography
The way we first started generating passive income was with stock photography. Since we are photographers, it made sense to upload photos that we just had laying around and put them to work generating revenue.

2. Stock Video
And similarly, we also upload footage we have shot to be licensed out for people to use. We really haven’t devoted the time to upload more than two shoots, so this is an area we could definitely spend some time on to build up and start earning more.

3. Music Licensing
I’ve spent a lot of time creating tracks specifically for music licensing on a site called Artlist. Since I’ve used that site to license music for our Youtube videos for almost four years, I know what works well for videos and what there is a market for. With over 40,000 downloads this year, I’m anticipating a pretty solid royalty payment in the 5-digit range.

4. Music Streaming
I distributed my songs for streaming using the platform Distrokid. Across all platforms, I have surpassed 1 million streams, so this continues to provide recurring revenue every month.

5. A few years ago I was buying and selling vacant land and I decided to sell one using seller financing, where I act as the bank and the buyer pays me a small down payment and then monthly installments. I paid $5,000 for a 5-acre parcel in Los Angeles County, but out in the desert. I ended up selling it a few days later with seller financing for 96 months.

6. First in the YouTube-related income is Adsense. And this – it’s somewhere between active and passive because it does somewhat rely on us to keep making videos. If we stopped posting videos forever on our channels, I’m sure it’d continue to generate at least several hundred dollars a month for quite awhile, and then eventually dry up to something less significant. 

7. Affiliates. Amazon affiliate commissions are pretty horrible and for us and we haven’t really spent the time to optimize it. Our biggest one other than Amazon would be music licensing referrals to Artlist.

8. We had merch designed and printed up for Mango Street and we hired Rachel’s mom to fulfill and ship out those orders and once again, we don’t really promote it too much and we don’t really sell a crazy amount of it or anything.

9. We offer two online photography courses. One is on wedding photography and the other is one we did about creative product photography through Skillshare.

10. We have two LUT collections, one older pack that we sell on our site for $25 and one we developed with our friends at Gamut for $95.

11. Lightroom presets. We do spend a ton of time working on them to make them as good as possible, so we generally just release one preset collection per year. But they do sell well, which is really crucial to our business since you’ve seen Adsense doesn’t really pay us a whole lot per month.

So all together, these sources bring in about $19,000 per month. Of course, the large majority of this revenue does rely on pretty consistent uploads to YouTube which is our full-time job, so they are not truly passive, but rather ways to add passive, recurring revenue to an active business.

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If you want to support my channel, check out the following:

Get 1 free stock when you signup for Webull and deposit $100:
➦ https://bit.ly/antiguruwebull

◉ Affiliate Links: ◉
Tubebuddy for YouTube: https://www.tubebuddy.com/antiguru
My microphone: https://amzn.to/2FN5ixf
This mic activator (for better sound): https://amzn.to/2FCUli7
Vlogging camera: https://amzn.to/2Ha3ejN
My huge wall calendar: https://amzn.to/3hEiZvU

Check out my music on Spotify:
➦ https://spoti.fi/2WTkXSv
Put my music in your videos:
➦ https://geni.us/mangostreetmusic

My website:
◉ http://danielinskeep.com

My main channel on photography:
◉ http://youtube.com/mangostreet

My wife’s fitness channel:
◉ http://youtube.com/rachelgulottafitness

#passiveincome

0:00 Intro
0:53 Super Important
0:59 Stock Photography
1:29 Stock Video
1:42 Music Licensing
2:59 Music Streaming
3:18 Land
4:12 Adsense
4:50 Affiliates
5:42 Merch
5:56 Online Courses
6:32 LUTs
7:08 Lightroom Presets
8:07 Total Revenue
8:21 Print-On-Demand Update
8:35 What’s Next

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