12 Simple Ideas To Earn Passive Income - Ali Abdaal - #393

**Chris Williamson** (0:00)
What's happening, people? Welcome back to the show. My guest today is Ali Abdaal. He's a doctor and a YouTuber. Money makes the world go round. After the last 12 months, everyone should have realized that relying on a single source of income is not a very anti-fragile way to construct a financial setup. Creating multiple revenue streams is a great way to de-risk yourself. And today, we get to find out 12 of Ali's favourite ideas for how you can earn passive income. Expect to learn why the S&P 500 almost always beats expert hedge fund managers, how Ali makes his money on YouTube, why Coinbase is great for crypto investing, the easiest way to create an online course, why houses are still a great investment idea, how to automate a business, the best and worst ways to make affiliate marketing money, and much more. Goes without saying that this episode is not financial advice and you should take everything with a pinch of salt and if you make tons of money, feel free to give me some of it and if you lose some money, then don't complain. That's kind of, that's the situation we're playing with. I also appreciate getting Ali's insight because wealth creation and making tons of money and having lots of income streams is something that's always satisfied me, but I'm not massively interested in it. I haven't done tons of research. Whereas Ali is like, he's the guy with the puppet strings above trying to control this huge financial empire of his as he repurposes income from his online courses into other good investments. So I hope that you do take a lot away from today, especially if you are a content creator or someone that's got a little bit of excess cash on top of your existing job. I do think there are a lot of awesome ideas. In other news, this episode is brought to you by Manscaped. 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