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Hi, it's Tyrone from Tyroneshum.com and welcome to the dedicated channel where I talk about
outsourcing and automation.
In today's video, I want to share with you on how to create passive income through the
method of outsourcing. Now, we can talk about creating passive income through creating these
niche websites which you set it up so that once you set it up it'll automatically generate
income. And the whole concept and the principle is very simplistic and most people I think
understand how that concept works. Though, what a lot of people don't realize is that
once you setup these sites, you still need to firstly maintain them, that's one thing
and secondly if you need customer service and handling support for any products or whatever
you sell on them, you still need to handle those as well, too so it's not completely
100% automated. And this is what I want to share with you inside this video is showing
you what potentially you could do so that it sets up in automated mode. And I know a
lot of people have been asking me about this and also people have been a bit confused about
how it all works. And two, that's the other thing is that people are scared of actually
outsourcing because the fact is that they don't have the resources, e.g. financial support
to be able to pay for these outsourcers or just haven't found the right person to be
able to handle and take over these tasks.
Now before I jump over into showing you a diagram of how it all works, I just want to
give you a quick story so that you can understand how this works. Now if you know who Tim Ferriss
is from the Four-Hour Work Week book that he created and has been become a worldwide
phenomenal success, he uses outsourcing and has a system setup to be able to do that and
he owns a company, a supplement company which distributes and sells products all across
America and that's all been outsourced and handled by his company there. In order for
him to be able to do that, he also needs to have a system that's been setup and he's obviously
developed something that can be automated. Now he's not just dealing with websites where
you just set it up, hopefully create enough content, drive traffic to it and then start
making money for him. He actually has probably a drop shipping company which sends his products
over to his customers and someone has to handle those customer service inquiries, has to handle
dispatchment, has to handle all the things that go on behind the scenes which you don't
see from getting a product.
And this is what I'm saying is the example that I'm taking from here is that it still
requires effort and you still need to hire either someone to be able to handle all these
things whether or not it'll be a website or a product that you sell. And if you're selling
an informational product online, yes there's going to be probably a few people who's going
to ask questions and if you're selling affiliate marketing products, it still gets sent through
there. But what happens if say for example your website goes down or what happens if
your website is changing over for some kind of new product or someone's going to add new
content, people are going where it is. Someone's got mentioned advertising, etc. etc. Now that's
not really automated if you're going to involve yourself.
So this is what I want to share with you inside this video is how to be able to go about this
outsourcing process so that you can actually have your team completely generating income,
whether or not be website or product that you've got. All right so let's hop on and
let's take a look and let me show you what to do.
Okay, let's start off firstly with regards to where we start. Let's just take for example
we have people working for us so let's just have a look. I'll just draw a little diagram
of people. Let's just say you got a team here of really happy people. I'm just going to
draw these little smiley faces, I can't the eyes in there. Anyway, these are for example
your outsourced team and what they can do for you is basically create and work for you
to be able to design or put together these mini websites, whether or not be niche websites
or authority sites or what not. And what they'll do is they'll build those sites for you, they'll
submit it and get it out onto the internet for you. And once they do that for you, hopefully
if they've followed your process and your systems step by step, what will happen is
that you start to also see income coming back into these websites. So what we're going to
start seeing is money generated from the work that they put in. And, basically that money
that comes into these websites can be either reinvested again into that website to continually
allow to grow. And if that gets done properly and that gets done regularly, you can generate
a lot more income from just one of these websites. But if you choose to go on the path that I'm
showing you right now, which is to multiply what you do, so you multiply more of these
websites that you have and you get people to manage them for you to submit, to get them
out onto the internet and to generate more income for you, hopefully the same process
that gets involved right here to make more money for you. You'll be able to have another
website and what you want to do is continually multiply these. And - you know - you don't
have to have just one team that does this. You can have multiple teams that does this.
You can have - you know, multiple people in different areas or multiple people in different
teams setting all these up for and continually doing it.
It just depends on where you're at in your business. Say for example you've got 10 of
these kind of websites and you're doing fine with say, 3 people in your team or one person
in your team helping you do this then that's great. But if you want to take to the next
level and expand to get hundred of these sites to get people expanding to manage it for you
then obviously you need more of these people to help you.
So you really need to look at outsourcing because the fact is that the people that helps
you right here, these people are specially going to be your investments and they will
be the ones who will help you generate the income because they are doing the work for
you. And yes, you will need to spend a little bit of money up front to be able to keep them
going but the return that you gain from this is tremendously huge because you're going
to get a lot more income generated because there's so much more work being done and this
kind of work that's being done is done passively. Because what's going to happen is that the
- once your systems are setup and the money just keeps coming in and you keep reinvesting
it, you're going to get more and more money and therefore money's going to keep increasing
and you're going to have less and less work from you. And say for example you're the one
sitting out here on the board, say for example this is you one happy person that's sitting
right here and you're just collecting all the money straight into your bank account.
But yeah - what I want to just share with you is the system is very, very important,
it's very crucial. If you get this correctly right at the beginning, and you set up the
right systems to be able to create multiple of these kind of websites here that generate
income and keeps flowing back and forth, you'll start to see a flow on the phase.
And I'll just give you a sort of simplistic diagram that I'm going to just draw right
here. And - one, you have an outsourced team, and then they complete the work or build money
websites for you -
and three, generates income. And this is - this is, can be automated in the process.
Okay, the process is very simple and you're really doing is sitting on the sideline right
here monitoring this process. So you've got the outsourced team doing the work for you,
they're building all these money websites and they're generating income for you and
that income comes back to you and you continue to reinvest it back in there and it just becomes
a complete cycle. And obviously the money that you generated from this is going to be
more income that's going to be greater than what you first started off with. That's basically
increased income.
All right, so that's pretty much it. That's how this whole system can potentially work
for you and to create an outsourced team to generate passive income for you.
All right well thank you so much for watching this video. My name is Tyrone from Tyroneshum.com
and if you do have any questions or feedback, feel free to leave them down below.
Okay, I'll see you inside the next video and good luck with all your outsourcing and creating
money niche websites as well. Thanks very much and I'll see you soon. Bye for now.