My Richest Clients are in THESE Industries (What my TOP clients do to afford their lifestyle?)

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Offshore Citizen

Offshore Citizen

Күн бұрын

Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: clarity.fm/michaelrosmer
You can visit our websites for more information about us: offshorecitizen.net & www.offshorecapitalist.com
One of our subscribers asked us “What are your top clients doing so they can afford their lifestyles? Which industries are they in?’’
This is a very cool question that probably interests many of you, so I’ve decided to film a video about it.
Which industries should you choose if you want to become successful? Where do most of my multi-millionaire clients tend to cluster? What are the skills that you should develop?
I think that all of this is extremely important if you want to create wealth. Today we are going to discuss industries that can make you RICH.
Most of my top earning clients have built their wealth in the online world. The last year showed us that these were some of the few businesses that managed to survive and grow in the time of global crisis while many traditional businesses had to shut down.
I can even say that some of my clients made more money in 2020 than they did ever before!
If you want to make money you MUST be on the internet today.
So what are some of the highest paying industries that have the potential of making you a multi-millionaire?
The first one is Amazon FBA - Fulfilled by Amazon. In my opinion, this is one of the easiest ways to start. One big advantage of Amazon is that it brings you traffic. You don’t need to worry about building traffic and funnels for your website. It is extremely hard to master traffic through Facebook and Google, etc. Here because all of this is done through Amazon your job is so much easier. Amazon brings you customers, and you do the fulfillment either via buying cheap products from AliExpress or producing them yourself.
For many people this is an easier entry point than doing something like drop shipping.
The second easy way to get started is drop shipping. This is usually done through Shopify stores. These guys build a Shopify store where they sell somebody else’s product. The manufacturer produces and ships the product, so you don’t have to worry about inventory or fulfillment. You just need to focus on finding the right product and marketing it.
The next big and more stable opportunity is to take the first two and combine them. If you want to make serious money it is good to have your own brand, and this is where lots of my successful clients are at.
The next industry is Affiliate marketing. Some of my richest clients and friends are in this industry, and they’re making great money! This industry used to be much easier back at the time but today it’s exceptionally hard. It used to be a one man show and today it got very complicated and complex.
Another one that can potentially bring you lots of cash is day trading. This is a tough game but it has lots of upside.
This brings me to three amazing careers that you can choose that have the potential of making you lots and lots of money.
The first one is software development. If you’re a cutting-edge software engineer you can really profit tremendously. If you’re a solidity developer or a Flutter developer, where’s shortage of very good candidates you can dominate the field if you’re good enough. In addition to getting a great salary, you can get the percentage of the project that you’re working on. Needless to say, if the project takes off you can become a multimillionaire very quickly.
The next two are related to marketing. If you’re thinking of this field you should definitely consider Copywriting. This can be very lucrative and it’s something that is very cheap to learn.
The last one is Media Buying. This one is not so easy and cheap to learn as the previous one, because running ads cost money and you’ll need to spend a lot in order to learn what works and what doesn’t.
Timestamps:
00:00 How to build a life that enables you to do what you want
03:35 Amazon FBA
05:12 Dropshipping
08:40 Building an actual brand
09:43 Affiliate Marketing
12:40 Day trading
13:50 Software Development
15:07 Copywriting
15:34 Media Buying
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
/ @offshorecitizen

Пікірлер: 60
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Check out our new KZfaq Channel - The Solutions Podcast: kzfaq.info/love/AXYjNKIABiNoLEyGhuFpPg
@gustavthompson6689
@gustavthompson6689 3 жыл бұрын
....when things are easy, it attracts more competition. The key is to find something valuable that is difficult.
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
I think this is a good path to longevity not necessarily to speed. I might make a video on what I've noticed about what I call the "new rules of success". You can work 10x as hard and get half the results by pursuing something where the tide isn't rising in your favour.
@MacSaxe
@MacSaxe 2 жыл бұрын
Been watching your videos as planning on going at least semi off or midshore - and this one has been the decider on joining your forum. As an affiliate, copywriter AND media buyer it's great to know you know the field!
@OffshoreCitizen
@OffshoreCitizen 2 жыл бұрын
Thanks!
@Timithos
@Timithos 3 жыл бұрын
Thanks so much Michael for taking the suggestion and producing a video!
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
You're welcome
@eddymens1873
@eddymens1873 3 жыл бұрын
Am a developer who has had experience with Affiliate marketing and Media buying and your take on those topics was no fluff. You are really putting in the work man. Salute!
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Thanks!
@FrozenSkyy
@FrozenSkyy 3 жыл бұрын
Another great video! Thank you Michael for all the efforts you put into sharing such great content. So much learning. Much appreciated 🙏
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
You're welcome, happy to be of service? 😊 Anything you'd like to see next?
@20kevron
@20kevron Жыл бұрын
Thank you for sharing this.
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
Always a pleasure! What do you think of the countries on the list?
@edwest2263
@edwest2263 2 жыл бұрын
With some background in stats, then you can combine day trading & software development by doing algotrading. Data is relatively cheap now, and there are several platforms and tools you can leverage. I think it would be ideal for anyone who has gone through grad school in a technical field like engineering, stats, physics, or computational mathematics.
@jonathanbartsch2938
@jonathanbartsch2938 3 жыл бұрын
Terrific video, interesting, useful and good practical suggestions. I appreciate your efforts ☺️
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
Thanks! Anything you'd like to see
@greenenergy6960
@greenenergy6960 3 жыл бұрын
My close friend has a successful e commerce brand and he makes over 300k per month! He’s crushing it. It took him a couple of years to get to this point, and while most of his friends were in uni he was building his empire. He’s quite young. Young + rich = formula to happiness 😁
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
Yeah it pays to be on top of those trends. What are you working on?
@KetanSingh
@KetanSingh 2 жыл бұрын
Contentment (at whatever point you achieve it) = happiness.
@tw9419
@tw9419 3 жыл бұрын
Yeah online business are the future for sure. I LOVED this video, glad you’re talking about these things. I’m sure it will be useful to many of your viewers! Actually the richest person I know has been doing online marketing for years. :)
@HollywoodLights1
@HollywoodLights1 3 жыл бұрын
Residual is definitely the way to go. That is my next model. Keep rockin the info big guy!
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
Thanks buddy. I actually think residual shouldn't be the focus it's the wrong approach. Residual or not should be incidental and secondary to the business. The foundation should be what is good for the customer, then taking that and optimizing it for profitability. Often what's best for you isn't best for the customer and in those cases I think it's always best to follow the customer.
@HollywoodLights1
@HollywoodLights1 3 жыл бұрын
@@MichaelRosmer Customer satisfaction is the foundation of every business I create Micheal. The customer is always first to me. Even over profit. It is crucial to me I serve the customer and exceed value whether in service or product. I can't or will not do it any other way. I sleep well at night knowing I do people right. This being any business model, even a residual based one. The money is never the priority to me when doing business, I take care of the customer and exceed the expectations and the money always follows. That foundation has never failed me.
@kayn6858
@kayn6858 3 жыл бұрын
Online business is definitely the way to go in this day and age. I love the location independence that comes with it too.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
100% if go do far as to say location freedom trumps time freedom to me.
@kayn6858
@kayn6858 3 жыл бұрын
@@OffshoreCitizen i agree - & i’ll be in touch with you guys soon! Looking to relocate to Dubai from the UK.
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
@@kayn6858 look forward to talking soon
@swearworks
@swearworks 3 жыл бұрын
Copywriting sounds like an interesting option that I was surprised you mentioned and that I'd never really considered until just now. Anyone have any thoughts about how to get started or beginner courses or resources that people recommend to learn a little and discover if copywriting is something that one might be/get good at?
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
Copywriting can be a bit of a beast to master but I think a very good low barrier primer is to read the book Cashvertising. I think the magnum opus on the subject of you can find a copy, I was fortunate enough that a friend had a copy custom printed for me is Breakthrough Advertising by Eugene Schwartz but it's not for the faint of heart. Aside from that there are a lot of forums, Facebook groups, and KZfaq videos on the subject. My suggestion is to get involved in some of these groups where you can have people critique your copy writing. Also even volunteering to do the copy writing for some small businesses where you can get access to the data to test assumptions for instance open rates on email newsletters, click through rates, etc.
@swearworks
@swearworks 3 жыл бұрын
@@MichaelRosmer Thank you for the reply and suggestions! I'll dig a little deeper and see if copywriting might be something to learn more about as a side income source. Cheers
@vitormedeiros6228
@vitormedeiros6228 3 жыл бұрын
Hey Michael, big fan and subscriber.. So based on your experience with clients the most successful ones are those who created their own product and brand?
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
Those who make the most money yes. Especially those who do so consistently
@vitormedeiros6228
@vitormedeiros6228 3 жыл бұрын
@@MichaelRosmer thanks Michael
@bertimusz4151
@bertimusz4151 3 жыл бұрын
What is with the rock chips columns? Are you located in the Phillipines? That is all over here.
@FighterFred
@FighterFred 3 жыл бұрын
I took an online course from Frank Kern many years ago. One sentence stuck: "Give people what they want and they'll give you what you want". After basic needs such as food, clothes and housing, what do people want? Basically 3 things: money, sex and power. That's it.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
I find those types of abstractions overly simplistic to be functional. Like it sounds good on paper but tangibly what product or service does that mean you're going to offer? How will you differentiate? How will you market it? People tend to be type hyper specific about how they fulfill their needs and desires. For instance, I don't just want food I want a burger, I don't just want any burger I want shake shack. You don't just want to get from point A to point B you want a car. But you don't just want any car you want a Tesla or a BMW but not any BMW you want a 7 series. You can't infer these specifics from broad abstractions. Much better to focus on specifics than abstractions.
@watzbaer
@watzbaer 3 жыл бұрын
Hi Michael, can you please recommend an EUR stable coin? There are some, but are they any good? Do crypto to stable coin sales trigger a taxable scenario in Germany?
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
That's a good question, I don't really use any EUR stablecoins as they aren't very liquid. I mostly use Dai is I'm holding money, USDT and BUSD if I'm trading on Binance or BSC
@watzbaer
@watzbaer 3 жыл бұрын
@@MichaelRosmer Thank you. I read that Tether got bad press because the coins were not backed by enough collateral. How comes that you hold in USD coins? Do you know about the tax events?
@MichaelRosmer
@MichaelRosmer 3 жыл бұрын
@@watzbaer tether isn't transparent so the thing is you don't know. I only hold USDT for trading otherwise I'm a huge fan of Dai. As for tax that depends by country
@b4bmm
@b4bmm 3 жыл бұрын
Nick Fabrio on twitter the most consistent (non bullshit) day trader I am aware of. Absolutely killing it right now.
@b4bmm
@b4bmm 2 жыл бұрын
$400k Net profit in August. The kid is a killer
@kippsguitar6539
@kippsguitar6539 3 жыл бұрын
I have been trading futures for decades, never never never day trade, you will almost certainly lose, the current optimism and success is due to the false hope in many kids who have traded bitcoin this year, this is a one off and most of these naive kids will surely blow there accounts, you can't beat the big trading houses and their enormous resources
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
I've known people who have been trading their own accounts and beating the big trading houses for years. Mostly, the big trading houses don't do that well. I think they've got some structural disadvantages. It's definitely not an easy game and most blow up accounts and lose but some do extremely well and are quite consistent
@950330aa
@950330aa 3 жыл бұрын
I appreciate your videos and watch them regularly but you have a habit of really not say anything. Learn to focus your attention on what you should be saying. Maybe you should take speech or communication lessons.
@greenenergy6960
@greenenergy6960 3 жыл бұрын
What do you mean he doesn’t say anything? This guy says LOTS and I’m incredibly thankful for what I’ve learnt from him. He literally listed one by one industries where his top earning clients come from.
@tushar7748
@tushar7748 3 жыл бұрын
why do I think you try to copy Nomad capitalist
@vitormedeiros6228
@vitormedeiros6228 3 жыл бұрын
well at least he is much better and transparent at it...
@NomadicJulien
@NomadicJulien 3 жыл бұрын
So everyone who talks about offshore content is copying nomad capitalist?
@samalexander5236
@samalexander5236 3 жыл бұрын
Nomad capitalist doesn’t know what he is talking about frequently. Anytime he opens his mouth about Canada he is generally wrong, which makes me sceptical about everything else he says. This guy started talking about dividend repatriation for foreign affiliates, gross ups and tax credits, etc. and was 100% bang on. I was impressed.
@tw9419
@tw9419 3 жыл бұрын
Loooool right. Here I can actually get some useful and practical info. Over there I just hear blah blah blah, nothing I can actually use. I prefer this channel 10000000 times.
@dexterspeights3484
@dexterspeights3484 3 жыл бұрын
Nomad capitalist is for HIGH ROLLERS, Offshore Citizen is for FUTURE HIGH ROLLERS - That's the difference!
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