The Hard Truth About Passive Income | Is It Still Possible To Make Money With Blogging?

The Hard Truth About Passive Income | Is It Still Possible To Make Money With Blogging?


– Do you see those videos and ads of people on YouTube
and Facebook showing you how they’re on the beach,
or on the mountains, or in their fancy house, being like, look at all this money I’m
making without working hard. The question is, is that even possible? Hey, everyone! I’m Neil Patel, and today I’m
going to discuss the hard truth about passive income. Is it still possible to
make it from just blogging? (relaxed electronic music) Before we get started, make sure you subscribe to this channel. That way when I release more
tips and more videos like this, you’ll get notified. Question for you, do you think
it’s possible to make income without doing any work? If you do, leave a comment below with yes. If you do, leave a comment below with no. I’m just curious to see what you think. The real answer is, no it’s not. The only real way to make easy income without doing anything
is promising other people that you’re going to make them rich, you’re going to help
them make passive income without doing anything either. In other words, when you’re selling people on the dream to becoming rich, sure you can make some money passively, but even then, you got
to put in some work. You can’t just make money really easily like you could back in the old days, in which you just started
a blog, you got traffic, and then, boom! You got rankings, you push
some affiliate offers, and you can just sit
back, cash your checks, and call it a day. Nowadays, there’s a few things
that’s going to hurt you, and let’s go over them. The first thing that’s
going to hurt you is there’s over a billion blogs. If there’s over a billion blogs, and there’s roughly 7,000,000,000 people, that’s roughly one blog
for every seven people. Do you think we need that
many blogs in this world? No. So now, Google is ranking the freshest, the best information. They don’t want to just
rank whoever created content and once use to be at the top. They want to sure that you’re
always providing people with the best information. So if you don’t update your content, you’re not going to keep those
rankings, those visitors, and you’re not going to
generate that income. The second thing that you need to know is, ads keep going up, year over year. So if you’re making your passive income by just running Google
ads or Facebook ads, driving traffic to landing page, and selling people on
some affiliate offer, your own proctor service, it’s not going to keep working. Because if you don’t keep
fine tuning your funnel, optimizing your conversions, you’re not going do well in the long run, because other people are
going to be able to compete. They’re going to add an upsells,
downsells, and just beat you, and the ads are going to get
way too expensive for you, so that way you’re not going to be able to keep making that passive income without doing anything else. The third thing that you
need to know is luck. If anyone thinks that you
can just pop a business and miraculously make money,
and they’re even pitching that, they’re lying. They put in a lot of hours and
time and energy to get there. They may not be showing it,
because they want to pitch you on how easy it is to
do what they’re doing, and they want you to give them $1,000 to teach you their same formula. Because if it was so passive and so easy, why wouldn’t they want $1,000 from you? They would just keep
doing what they’re doing because they’re already
making enough money. In other words, they did
put in the time and effort, they’re just not showing you. And if they’re getting a quick win without putting in much effort, that means they’re duping
you and giving you something that really isn’t going
to provide much value. In other words, anything
worthwhile takes time. The fourth thing that no one tells you is, you now got to deal with algorithms. It no longer takes three
months, or six months, to get to the top of Google. In many cases it could
take one, two years. So that mean you got to put in work, hard work, for a few years before you’re milking enough
money somewhat passively. because as you know,
if you don’t update it, you’re not going to do well either. Things like Facebook. They keep making their
algorithms harder and harder and restricting their reach,
and it’s not just Facebook. Whether it’s LinkedIn,
whether it’s Instagram, they’re all doing that. In other words, if you aren’t
continually upping your game when it comes to your content creation with your advice that you’re putting out, with your website, your
design, your load time, with the cool, hip information like, doing things like live videos
and going above and beyond. You’re not going to get the
maximum amount of traffic from these social sites
or even these algorithms. They’re going to work against you. So you got to keep adapting. And to keep adapting and
staying on top of your game that means you need to read more, that means you got to experiment more, you got to learn more. And if you stop doing that, you think you’re going to
keep getting the results? Of course not. It’s just a question of when
things are going to die down. So if you think passive
income is still possible, not really. You got to put in work. Everyone’s like, yeah,
passive income is the dream. Well most people I know
have passive income from things like real estate. They made a lot of money from
doing their core business or working 40, 30 years
in the corporate world. They took that money,
and they invested it. And sure, it may be passive now, but you got to put in that hard work to get that truly passive income, which is typically going
to happen from investments. If you expect passive income
just from your website, it’s not going to happen, because overtime, someone’s
going to outrank you, beat you on the social web,
boost their conversion rate, outspend you, whatever it may be. Eventually, your
competition will crush you if you stop putting in
the time and effort. So that’s it. Now that you know the answer, I hope you’re willing to
put in the effort it takes to succeed online. And if you need help growing
your traffic, your business, check out my ad agency,
Neil Patel Digital. And of course, if you like the video, please share it. Tell other people about it. Subscribe to the channel, and leave a comment below
if you have a question. I’ll respond. Thanks for watching.

100 Comments

  1. Neil Patel says:

    Do you think it's possible to make income without doing any work? If you do, leave a comment below with โ€œyesโ€. If you do, leave a comment below with โ€œnoโ€.

  2. Masud Zamani says:

    The truth has been spoken.๐Ÿ’ฏ

  3. Richard G Lewis says:

    Dream crusher!

  4. Kiran bhai says:

    Nice advice neil

  5. Noah Nyarambi says:

    Best advice ever, thank you Neil !

  6. soum says:

    Then why are you giving free tips on YouTube and why do you have digital marketing company that promotes brands. You can create own brands, promote them with your experience and make money.

    Just curious. I'm your fan from last year. No hard feelings.

  7. platinum clips says:

    No

  8. Life's Wisdom says:

    Love this video! Hey Neil- I recently changed all of my urls so the date posted wouldnโ€™t show, without doing 301 redirects because I am an idiot. Should I just copy and paste those posts into new blog posts or leave them as is? Thanks huge fan!!!! Waiting for you and Gary V to collaborate merge SEO and branding!

  9. Inese Kungurova says:

    nop

  10. Rick Harold says:

    Time and effort! Pretty simple

  11. Creating your most successful you to win says:

    Neil, this is why I love what you do so much. Some people are honest, some are generous and some are masters of their craft. Neil is all three. When I watch your videos I know that the time invested pales in comparison to the value gained. The ROI is off the charts.

  12. Sekhmet2013 says:

    No

  13. onein one says:

    No.

  14. Wellness with Khawaja says:

    No

  15. Rhonda, The Virtu Works Fore U Mompreneur says:

    No. To create passive income you have to do market research, create the product and service, market and promote over and over and over again. That takes work and it may take months and years. Rome wasnโ€™t built in a day and neither does a passive income stream.

  16. Mixed World says:

    Ofcourse no. without doing anything you want to earn money!! jokes of all time ๐Ÿคฃ๐Ÿคฃ

  17. BEST FOR BUY says:

    I dont think So.

  18. Justin Deal says:

    Thanks for being honest. Passive income is desirable, but yes, you have to know to update, experiment, and definitely keep on learning…like watching your videos!

  19. Listenable Music says:

    dman pretty right and honest

  20. onein one says:

    That's very true.

  21. John Burns says:

    No it's not

  22. Ryan Hildreth says:

    Passive income is definitely possible, but requires WORK UPFRONT!๐Ÿ’ฏ Alot of what made up the first $1,000,000 I made at 26 was passive income๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ thank you for sharing the honest truth about passive income with everyone Neil! There is no such thing as free hand out money. You have to put in the work to build a system that generates it for you๐Ÿ™๐Ÿผ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿš€

  23. Thulshan Sachinthana says:

    No. There is no easy ways to earn with out hard working.

  24. DSF Financial says:

    I Subscribed, im trying to Boost my channel to 100 for my passive income ATM business!!

  25. Preferable Life says:

    No

  26. Dinesh Vishwakarma says:

    No

  27. Thomas Hauck says:

    Do you think it's possible to make income without doing any work?
    Answer: No.

  28. Torzbay says:

    Here, the reality of Digital Marketing! Thanks, Neil! " Rome Wasn't Built in a Day"

  29. Manma Help says:

    If you give hard and smart work to your website then your website will give you everything ๐Ÿ’ก๐Ÿ’ก๐Ÿ’ก @neilpatel

  30. Thane's Business says:

    agree and disagree. you could outsource updating the site and it could be passive, but yes passive income is much harder nowadays

  31. ATK Tavis says:

    Yes!

  32. Gopi Gandham says:

    No. Nothing is free.

  33. Fox Run Environmental Education Center says:

    TRUTH! Thanks Neil. Everything takes work and effort. Passive income is no different.

  34. Silvio Ximenes says:

    Thx 4 sharingss…. Nice one.. ๐Ÿ‘๐Ÿ‘Œ

  35. Vaishnav M says:

    I have an AI startup idea, I want to discuss it with industry experts and experienced entrepreneurs, what would be the best possible way that I can find them and network with them

  36. ASK ME WHATEVER says:

    No

  37. Passive Income Tom says:

    No, it takes hard work and a lot of hours.
    ๐Ÿ™„

  38. robert ouko says:

    No

  39. Jyasi McLetchie says:

    No

  40. lawrence nadar says:

    yes passive income is possible in One day work take income whole year rent property, fixed deposits, rent bar licence',set business and many more ….

  41. Hari Krishna says:

    No

  42. Sarowar Hussain says:

    No

  43. mohit shukla says:

    Awesome.. I appreciate your transparency Neil..

  44. Matthew D Rozario says:

    No

  45. craig dewart says:

    I think passive income is definitely possible. There just isnโ€™t as many quick wins. Iโ€™ve read loads of stories / spoke to a lot of people who have capitalised on something like amazon merch or a subscription box etc. They found it very hard to maintain the income they got when they started and are still hiding behind their early wins.

    This video is so true though, beware of people that are screaming and shouting about their early wins and are now trying to sell you a course.

    We just need to keep our eyes out for the next dropshipping or the next fb ads etc.

  46. Thomas Garetz says:

    Itโ€™s not possible! You gotta work your butt off! I post 3 days a week and started a fb group and spend all of my feed time doing this business.

    Itโ€™s starting to grow and really exciting now ๐Ÿ™‚ I owe a lot of this to you Neil. You are my inspiration!

  47. Erick Moises Racancoj Amperez says:

    No. You will always need to come back and tweak your existent product, sites, content, etc. Things and trends tend to change so rapidly so I donโ€™t think once is done is done forever

  48. Colin Finkle says:

    Beautifully honest take.

  49. James Smith says:

    No

  50. RuchiSinghTalks says:

    Hi Neil, I truly appreciate your honesty. Another great video ๐Ÿ‘ Pls, Can you help me with one query?
    I have a YouTube channel (RuchiSinghTalks) where I share motivational videos in English.
    I get a lot of requests to share the content in Hindi (language in India).
    Do I share the same video twice, one in English and one in Hindi, on my current channel?
    Or shall I create another channel with the same name and just add Hindi to the name (RuchiSinghTalksHindi)? Thanks ๐Ÿ™

  51. Stefania says:

    Yes, it is possible, but it takes time, effort/hard work, some money to start, lots of studying and research beforehand and lots of patience!

  52. Sparkle with Jyoti says:

    Of course not…no pain no gain ๐Ÿ˜Š

  53. Agustin Gomez says:

    No

  54. Priya Florence Shah says:

    Superb advice, Neil! Few "gurus" are willing to admit how much hard work they put into their business.

  55. Charlotte Strips says:

    No

  56. FlipFlop Weekend says:

    Really appreciate this honesty! My blog is doing better than I imagined it could when I started, but I know I need to keep working, keep trying new things and figure out how to turn it into an actual brand and business. Thanks for all of the helpful information!

  57. Creative Skills Online says:

    No

  58. lawrence chihanya says:

    Nope

  59. SCREW92 5 30 . COM says:

    You said the truth

  60. Giobel Koi Center says:

    no, my previous employers keep on buying expensive passive income course but none of them work he he

  61. Kelly Casanova says:

    No, it takes hard and consistent work. A lot of people don't want to hear that, but it beats working for a boss anyday ๐Ÿ˜Š

  62. Bart Jan Teunisse says:

    No ofcourse you can't make money online without putting in any work. I don't think that was ever the case. You still had to invest time, money and/or effort in building a site, writing articles, filming Youtube video's, creating ad campaigns etc, etc.

    What makes the Passive Income lifestyle attractive for me is not so much doing nothing, but investing work and time in products and services which interest me personally. And also not working in an office with bad airconditioning, dealing with gossiping coworkers and mediocre management.

  63. Steven Clough says:

    No

  64. Deepanshu Garg says:

    A must needed video for millenials.

  65. Valts Vฤซze says:

    It depends on your market. For example, I`m from a small country in Northen Europe. I have little or no competition at all. Yes, I can not make millions of dollars, but I can easily make decent passive income. Sometimes small markets and small niches can be your advantage.

  66. Always Coping says:

    In other words: GAME OVER

  67. maddgun says:

    Finally, an honest man

  68. Saurabh Choudhary says:

    No

  69. ADNAN ALI says:

    no, it not possible. cuz cash doesn't grow on trees

  70. Mimi Armidayanti says:

    Please translate Indonesian ๐Ÿ™

  71. Jan Roach says:

    I believe you need a physical product to sell that people want to buy. A physical product could be an ebook. But merely starting a bog and putting affiliates on it, I can't see where the profit is. And I'm sure you have to do the same work as any start up. But to start up you do have to learn how to use social media. Any business takes a lot of work and most of them fail.

  72. Roopesh Govind - Affiliate Marketing Guide says:

    I agree with you 100% Neil. Many times people think that when they start an online business, the results will be faster because of the fact that it's online. Yet, it's just as hard as building a traditional 'brick and mortar' business. It certainly does have the potential to make you a passive income but as you said, one needs to adapt and keep learning and adopting strategies to be ahead in the game. Great video!

  73. Dilip Kindo says:

    No

  74. SonnyBoy says:

    The funniest are all those courses teaching you how to set up your onlnine store using Crapify in few clicks, import some garbage from aliexpress and become a millionaire overnight.

  75. Juan Barham says:

    NO!!

  76. parth srivastava says:

    fake accent

  77. Big Blue says:

    I am somewhat sceptical by nature, so I long ago realised that all this big promises of easy money where not worth my time. If it really works then surely they would keep it to themselves rather then adding to the competition. I know I would.

  78. Get Wise Buys says:

    Some really great tips, thanks Neil!

  79. Curious Person says:

    without effort income can't be generated but expenses can be reduced

  80. enda o donnell says:

    glad someone said it

  81. Shawn A. Clark says:

    Passive income is possible only if we have a lot of assets. It allows us to delegate work or invest in something. But, it takes a lot of effort to build those assets unless we inherit it. So no, it's probably impossible to make money without working hard when starting from scratch.

  82. Project Vigil says:

    Thanks for the video. You revealed me with more information with this video. I already realized that we need to have the hard work, but with this video, with only hard work isnโ€™t enough, you have to work even harder. Thanks again.

  83. Jamshaid Raza says:

    I make $2000 from my YouTube Video only.

  84. David Munoz says:

    Nice. You just sold me on reading your blog.

  85. Ajs Funny videos says:

    hey neil……we need to do something about all the scammers in youtube who are luring people by selling their spam courses…. which never work in real life……i really feel bad they are scamming people who are in desperate need of money & wasting time……i think a blog has to be made listing those scammers.

  86. RAMAN says:

    Sir please
    Speak slowly
    We are not understanding some concepts

  87. Kvan Ezam Moon says:

    This is why I love your videos , you are all about Transaprency, ( your new subscribe button is so Supreme )

  88. Mina Agbo says:

    Great advice.

  89. JuanMiguel RiveroyHornos says:

    Bravoo!

  90. BW Unlimited Charity Fundraising says:

    Absolutely not. It take drive and commitment over an enormous amount of time. It's a scam. Great video Neil.

  91. Pritam Chougale says:

    yes passive income is possible. But always have a 9-5 job in hand.

  92. Leslie Binuya says:

    Just subscribed to your channel Neil! I do believe it requires real hard work to succeed in every thing.

  93. Hunter Larson says:

    No

  94. Nora maria says:

    Hi Neil, I'm a fresher and want to be a full time blogger and make a living . I'm learning digital marketing watching your videos and reading your blog, it really helps ๐Ÿ˜๐Ÿ˜„๐Ÿ˜. But I'm a bit worried about something looking forward to future. Can I, as a single person, take care of SEO, social media marketing and other promoting activities for the blog along with writing posts and managing it as a whole? I don't want to get stuck in the middle. I just started to learn SEO and have to learn more and more ! I'm passionate about learning too๐Ÿ˜ and I know that earning through blogging takes time and am ready to work hard but have to do it all my own. I'm happy with that but just wanted to know whether it's possible to manage and promote my future blog alone ๐Ÿ˜

  95. Wajed Khalid says:

    Thank you for your honesty.

  96. Dana Putra Yuda says:

    Honest and to the point.. ๐Ÿ˜€

  97. I am a soul says:

    2:45 great thanks

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