My honest advice to someone who wants passive income

Hey friends, this is another video where I'm sharing a conversation I had with a friend about how to achieve financial freedom. In this one, I'm focusing specifically on the principles around passive income and how to build it for yourself. I hope you find some value in it! Enjoy xx

🔗 OTHER LINKS MENTIONED IN THIS VIDEO

WHO AM I?
If we haven’t met before - Hey 👋 I’m Ali, a doctor-turned-entrepreneur and I’ve somehow become the world’s most followed productivity expert. Through my videos here on this channel, my podcast and my writing, I share evidence-based strategies and tools to help you be more productive and build a life you love.

⌚️Timestamps:
0:00 - Introduction
01:00 - What Is Passive Income?
01:39 - Why Do You Want Passive Income?
04:17 - Passive Income Through Investments
10:07 - Passive Income Through Building a Business
23:25 - Finding the Right Idea
37:48 - The Truth About Passive Income

[PenToPaper_Tutoring]

I did it last week, Im all in and committed to getting better at this everyday (recently got over my fear of adding a face-cam). After being intentional with my upgrades I just keep getting more and more motivation to get better. Im putting more effort into my channel and other small tutoring business, all while working full time and in University. First time watcher and came here to get some more motivation and/or ideas, feels like a genuine video, thanks.

[marisawhale]

This whole concept of passive income drives me mad because of how fake it is in 99% of cases. "Make money while you sleep with online courses" kind of BS, and then they say that posting Reels 3 times a day, running a YT channel, running ADs, managing sales funnels and providing community services is not a job cuz it's fun so it's considered a passive income. Can we pls normalize doing some work to make money? It's cool to aim for passive income someday, but starting a business with only this goal from the start is a way to burn out and a huge disappointment...

[MPTennis]

Man, this video is insane! You just broke down everything about starting a business in 43 minutes—it’s the best thing I’ve ever seen on the topic. I kind of feel like Harry in your example, except I started my YouTube channel 4 years ago and kept going with it. Now that I’m finishing college and college tennis, I’m trying to figure out how to build passive income and turn this into a legit career. Thanks for dropping this, it’s a total game-changer!

[tedcash]

Sound advice from a Medical Doctor turned entrepreneur.
Three main takeaways:
1. Have patience during the J-curve period
2. Skip the product and go for service then circle back to product creation
3. Consistency trumps biding your time

Happy 2025

[fantasycraft-forge]

I'm 8 months into my "hobby business, " and while I take it seriously, having fun is my top priority. Every day is about improvement and testing - I believe the first year should be dedicated to figuring out what works.

There are moments that feel super rewarding - I didn’t expect to make any money, but I already have (under €200, but it feels huge to me). That said, it can also get really frustrating when algorithms or audiences just don’t click/watch, even when I’m experimenting and know why it’s happening.

In these 8 months, I’ve gathered a lot of stats and insights about what works and what doesn’t. If you’re just starting, don’t stress too much. Focus on trying things out, seeing what sticks, and learning from the process. Also, your videos helped me through some really tough times, Ali, so thank you for that!

[WealthyChronicle]

I can’t believe how many people still think passive income is just 'easy money' without effort. Glad this video cleared that up!

[madebyahmed]

I love how causal and imperfect this video is, the occasional hiccups make it even more relatable, and the advice even more doable.

[suprstar]

I've watched a lot of these passive income videos and I gotta say this is one of the best, most realistic ones I've ever seen. I've finally taken the steps earlier this fall to get my business going and literally this whole video until the last chapter is 100% accurate about the journey it takes just to get something started!! Even though I've already taken the steps this video was super motivating and it makes me more excited to keep putting one foot in front of the other and simply enjoying the journey :D

[pencilbyjoe]

Totally agree, building a following is and has always been the hardest part. Staying consistent when everything seems not to be working is hard, hopefully it all works out someday

[Karen_in_Alaska]

At 15:21 you point to a book that is meant to be posted in the corner of your video, but it isn’t, and it almost never is when you do that. I can definitely find the book without the link or the picture, but it seems like you’ve got a gap in your video processing that those links usually are not present. Which of course I only notice because I watch and otherwise enjoy every video! 😊 + 🎉 I just got to the end of the video and see that the link for the next one you mentioned is there!

[Yellowmenace]

Ali never has any mind blowing revelations to share but the way he sincerely conveys & references the knowledge he has gathered hits me in a way few other motivational speakers have. I love the ending where he emphasizes the years of failed attempts or lack of meaningful feedback that make continuing to endure so difficult.

[ashsjournal]

ali i started journaling cause of you and it changed my life, so I made an AI journal template on notion, and made $300 so far, and the free one got featured 🙌

[brianmurphysn]

I've been thinking about how to create some passive income streams. I’ve got a decent side hustle going, but I want to make my money work for me more.

[sadaamhasaan_]

You just put words to things I've been feeling but didn't have a clear roadmap for. This was very valuable.

[kamamamam]

I finished watching the video and my heart was so full of gratitude and love towards Ali, for real. I appreciate so much your honesty and your way of telling the hard facts. So thank you for everything Ali, love from Italy

[RoseInvesting]

Thanks Ali, the last 10 minutes are the key… CONSISTENCY is EVERYTHING

[poms_beats]

When you kept saying Harry with your wild hair and glasses, I felt like I was watching Harry Potter give himself a stern talking to 😂

[jetBlue]

This is a great video! I loved the example showing how you helped Harry come up with his business idea. In fact, it made me realize I had my own idea I could start. I can definitely relate to the end result where Harry started then stopped — putting in effort for a very long time without seeing a result can be demotivating.
Anyway, thanks for the video! I signed up for the productivity workshop in January, hoping to be inspired by surrounding myself with others doing the same thing. See you there!

[Anno]

I could listen to you all day all week without getting tired, I love your work Mr Ali. would love to be just like you someday. keep up the good work. Also, you've earned a subscription here

[refiloeradebe]

Hi Ali, i have been a very silent watcher here on your channel and by far I would say this video is so amazing and so relatable thank you, sending you a huge cyber hug 🤗 thank you