15 Platforms That Can Make You RICH

The Internet made us rich. As blatant as that sounds, our path to wealth would have been completely different if the internet wasn't around. Looking at the current landscape, there have never been more wealth-building tools and platforms available to the masses as there are right now. Any one of these platforms can make you at least $1,000,000 if you master it; master more than one, and you and your family will never have to worry about money again. By the end of this video, not only will we share with you the platforms, but give you concrete examples of how we personally use them to build our own fortune. Here are 15 platforms that can make you rich.

First step: YouTube. You're watching this on YouTube, and we wanted to get it out of the way. Not only does YouTube share the revenue from advertising with its creators, which on its own is more than enough to earn you a fortune if you provide something of value to a lot of people. But it's also one of the best places online to build a community of people that learn about what you're doing. As a media and technology company, for us, YouTube is this magical place where we actually get paid to provide value to you guys and promote our own business, which is the ALUX app.

So how do you get to $1 million through YouTube? Well, it's not a subscriber thing. It's more of a views and advertiser interest kind of thing. Numbers are all over the place, but here's a general rule. If you get to 1,000 videos that you've created one by one from scratch and over 200 million views, you'll probably make over $1,000,000. Just try to make your next video better than the last and learn through the process. If you go all in on this one, you should get there in under five years.

Next up, Shopify. Shopify made it easy for anyone to own a beautiful online store. You want to sell anything online? Well, you can get set up in a couple of hours. There are no barriers to entry from a technological standpoint. The creation of your store becomes a drag-and-drop effort, and before the end of the day, you can start charging people for your product. Sure, you'll need to learn other parts of the business world like branding, manufacturing, marketing, and shipping. But platforms like Shopify have made it possible for people without technical knowledge to take part in online commerce.

Gymshark, Skims, festivals, Kylie Cosmetics, Fashion Nova, Allbirds, Rich Wallet, and almost all other brands you see plugged in through social media are all on Shopify because they solved a big problem. How do you get to $1 million on Shopify though? Well, you sell a $200 product to 5,000 customers. There's a great video on our channel about million-dollar math that breaks down exactly how the numbers work to get there.

Then there's Amazon, Alibaba, and other e-commerce platforms. Amazon, Alibaba, and JD are basically the bulk of platform e-commerce. In the last 24 months, Amazon and Alibaba have served over 1.5 billion people worldwide. By the way, only 300 million were Amazon, the remaining 1.2 billion being Alibaba. These platforms have the scale of distribution set in place. Sure, the competition is fierce, as with most industries, but never in human history have you had so many people come to a specific location, be it digital, with the specific purpose of spending money?

Here are the numbers. Amazon has 9.7 million Amazon sellers globally, and 1.9 million of them are active on the platform. Approximately 94% of Amazon sellers use fulfillment by Amazon, meaning that Amazon handles housing and shipping to the customer on your behalf. 76% of Amazon sellers become profitable, and 63% of them become profitable within the first year. 36% of Amazon sellers earn $5,000 a month.

Airbnb and Booking. This is how we monetize our real estate investments because the return is higher than traditional rent. If you own property in touristy areas, you can clean them up nicely, have a professional photographer come in, and upload your listing on Airbnb, Booking, Vershbow, and a bunch of other short-term rental platforms. They handle the financial side of things. You just have to make sure the guests have a great experience.

Based on our experience, Airbnb has returned about three times the amount of traditional rent. So if your flat would rent long-term for $2,000 a month, you should expect to earn between $5,000 to $6,000 a month through short-term rentals. Since we have technology, you can list the same property across multiple platforms and use dynamic pricing to maximize your financial return. If you don't like actively managing the properties yourself, you could find an agency that takes care of everything on your behalf for about a 20% fee.

As of 2023, there are over 4 million hosts and 6 million properties listed globally on Airbnb. The average host earns $13,800 per year, and the fastest-growing host segment is seniors. These people have multiple properties, and they enjoy welcoming people. The second fastest growing are real estate investors such as ourselves, who purchased property with the goal of maximizing returns.

E-learning course platforms. We launched our first online course over five years ago, long before everyone had a course to sell. The reason why we love digital products so much is because you build it once, and you can sell it a million times or, you know, as many times as there are people willing to purchase. Online education is growing incredibly fast, with the market expecting to cross the trillion-dollar mark in the next five years.

When we started this channel, we promised not to gate-keep anything from you. So here it is: all of our courses are available at alux.org. We personally use Thinkific as a platform to host our e-learning content. They're expensive; we do pay $4,800 a year just to keep the courses up there. But it doesn't start off that high. Thinkific, Teachable, and KGV are the most popular ones for those interested in having a more premium experience where you have your own portal.

Although there are plenty of people who have earned over $1 million on Udemy or Skillshare, you're better off not competing for attention there. The thing about online courses is the market has been flooded by low-quality products with information that doesn't work, which is why we turned the entire thing on its head.

Next Sunday, we're releasing our latest flagship course called Reinvent Mastery. It's a step-by-step guide for those who feel stuck in life. We show you exactly how to get a raise in your current workplace, how to change jobs to either get paid more or do more fulfilling work for the same money. We help you to change the way people see you and even give you a clear path to successfully moving to another country.

But here's how we're different. Not only do all of our courses pay for themselves pretty fast, but if your life doesn't actually change for the better in the first six months, or if you feel like the course hasn't paid for itself, we'll give you all your money back, no questions asked. Nobody is offering these kinds of guarantees on other courses out there because, well, what they're selling doesn't work. We teach skills that you can immediately apply and will return value for years to come.

If Reinvent Mastery piques your interest, go to alux.com/reinvent and make sure your name is on the waiting list, and we'll give you a discount when we launch. We open the doors for only seven days and then we close them up again. So get your name on the list.

Print full spring and other on-demand printing services. You create your designs, upload them to a platform under your own personalized store. And when people order a hoodie with your logo, a cap with your message, or other products, they print it and ship it to the customer on your behalf, and you split the money with the platform. That's how most YouTubers ship merch to their customers. We personally use Spring for alux.com/merch. Our honest opinion is the quality for these products is good enough, but not great. But it is a great way for communities to support their creators and show off their alliance to the cause. The Paul Brothers had tremendous success with merch. The same with Mr. Beast.

Affiliate platforms like Amazon Associates, ClickBank, and S.J. You might not have your own product, but you might have an audience you can sell it to, and that's where affiliate partnerships come in. You promote other people's products, and you get paid a commission on the sales you generate. Most established businesses offer affiliate partnerships. For example, we are an affiliate partner for NORDVPN. If you go to alux.com/vpn and purchase a VPN subscription using our massive discount, well, we get paid a share of the sale. You get a quality product for less. We get paid, NordVPN gets a new user that they might be able to monetize in the future, so everybody wins.

Do you know all of these comparison sites online? Well, all they're doing is generating search traffic and monetizing through affiliate links. Getting started is pretty easy, but it does take time to build an audience.

Apple and Google Store. This might sound a bit controversial, but the Apple Store was a bigger breakthrough for Apple than the iPhone. Why? Because it's software; you build it once, and other people stock it up with valuable products and you take a massive chunk out of their sales. Because you can. Apple gets a 30% cut on everything sold through the App Store, and people like us gladly pay it because they provide distribution for the ALUX App. Same with Google. If you're able to develop your own mobile game or app, you can just list your product on these stores and get close to 6.9 billion people seeing it.

If 30% sounds expensive, don't worry. There's a program launched two years ago where both Apple and Google will only take a 15% fee until you hit $1,000,000 in revenue.

AngelList, Seed, Blink, and more. These platforms allow you to invest in early-stage companies. If the companies grow to be profitable and eventually get acquired by bigger players, you'll get a chunk of that money. In the US, you need to be an accredited investor to be able to invest in startups. To qualify as an accredited investor, you need to have over $1,000,000 in net worth or more than $200,000 in earned income in the past two calendar years, with the exception of the same earnings. SeedBlink is one of the emerging platforms in Europe, but find one that caters to your geography and browse their selection.

What we found to be incredibly valuable are the educational events and materials put on by these platforms, as well as an in-depth look at how other businesses are doing. When you're being pitched a company, you get to look at their financials, their business model, who the other investors are, as well as their current valuation. This allowed us to have a great understanding of how different companies are being valued in the marketplace.

Masterworks and other fractional investment platforms. Some assets are incredibly expensive to acquire. Blue-chip art was one of them. If you didn't have a couple of million dollars to acquire a Picasso or Basquiat or Warhol, then effectively you were locked out of this entire asset class. Perec loved keeping it that way until Masterworks came around. They come with expertise, a great track record. They find multimillion-dollar paintings to invest in and then break them down into shares like you would do with a company. Investors buy those shares, and when the painting gets resold for a profit, years later, all that profit is distributed to shareholders.

This is called fractional investing. Instead of having to invest in the entire thing, you can come together with other investors and each own a chunk. And look, not only are they innovating through fractional investing, their genius concept and expertise has unlocked an asset class that's boosted billionaire portfolios for decades. They put the power in the hands of investors like you. Literally, you're accessing the most exclusive asset in human history directly from your smartphone.

Masterworks has crunched decades worth of data to scout for the right paintings. They've sold 16 so far, with each delivering a profit to investors in their last three exits. Their investors saw returns of 17.6%, 21.5%, and 35%. And a great deal of that money was pocketed by Alux subscribers. Investors like you have pocketed over $45 million in returns. They didn't have connections at big auction houses like Christie's. They didn't pay millions of dollars to do it. They found results without a trade-off with Masterworks.

As the year comes to a close, people are reassessing their portfolios. Over 860,000 people have joined us so far. But ALUX subscribers can skip the waiting list and start investing today. Using our special link in the description masterworks.art/alux. Thank you to Masterworks for being kind enough to sponsor this episode.

Esquire.com and Flipper. There are platforms online that allow you to acquire profitable businesses. The prices vary from a couple of thousand bucks to tens of millions, so there is something for everyone. Back in our publishing days, Flipper was the go-to resource for selling websites and domain names. Since then, the entire marketplace has evolved, and we're happy to see that Flipper is still around. One of the fastest-growing platforms in this space is acquired.com. All kinds of businesses get listed and acquired.

As the name indicates, fully online selling and buying a company is traditionally a very tedious process involving many layers of investment bankers, mergers, and acquisitions experts. But things seem to be getting pretty streamlined. If years ago only a few could dream of selling a business for millions of dollars, while you can now go onto any of these platforms on their recently sold pages and see it happen right before your eyes.

Social networks where the revenue share models probably since the beginning of this video you're expecting us to say TikTok, Instagram, LinkedIn, Twitch, Snapchat, Twitter. Look, nobody's calling it X. Elon Musk, well, we made you wait for it because you're already familiar with most of them. Social media platforms generate money by showing ads through the content that you consume.

Since YouTube has been at the forefront of this movement and become massively successful, while more and more companies are deciding to share some of that advertiser money with the creators as a means to incentivize you to keep creating on their platform. Out of this list we mentioned earlier, Twitter and Snapchat are actually the ones that stand out the most. You might not realize it, but kids are making a killing on Snapchat.

Some of you might have noticed how David Dobrik is no longer on YouTube. Well, because he moved to Snapchat where he's making $30,000 a day on Snapchat spotlight trading or investing platforms. Day trading is where you buy and sell stocks or other financial products in order to make a profit. Ten minutes on Wall Street Bets subreddit should bring you up to speed on what the gems are up to. We're kidding. Okay, but there is investing and then there's gambling, so don't confuse the two.

You can start with very little money, and if you get it right more times than wrong, you should be able to slowly build up your portfolio over time. eToro, Ameritrade, and TradingView are just some of the bigger names, but the platform of choice varies from one category to the next. Outside of daily trading, you have big financial investment platforms like Vanguard or Fidelity. These are more for long-term investments who are looking to buy and hold indexes and ETFs. Personally, we recommend Vanguard to anyone who's interested in putting money into the S&P 500 and let it compound over the years.

Behind a paywall platforms, the comments section would have killed us if we didn't mention OnlyFans. Right? So here it is. You know what happens there? Creators incentivize users to keep paying a recurring amount to get access to their new content. Patreon is the same way; you pay five, ten, or $20 a month, and you get some exclusive content in return.

Chat made Journey and more A.I.. Here's how things will unfold because we've been through this before with farmers. Farmers used to do everything by hand or with the help of animals. Then tractors were invented. The farmers who use tractors outperformed the ones doing it all manually. Those who embraced technology first got a leg up versus the competition, and they won. They got richer. They acquired more land, and now the farmland is in the hands of very few. It happened with the Internet as well. People made fun of the Internet and regarded it as just a place to watch cat videos. And in the span of only two decades, it ate up everything.

And this is happening with A.I.. People think A.I. is for writing poetry or prompt generating images of dogs in space, but it's not. What used to require ten people now only requires one with the proper knowledge of some A.I. tools. That is the power of A.I.. The more familiar you are with these tools, the more you can stack them up on top of your current exploits and accelerate your journey to millions.

All of this platform talk, you know, it's got us thinking. What's the one platform that you spend most of your time on? Let us know in the comments. And as for those of you still around, of course, you saved a bonus. And that bonus is 1,000 millionaires. That's our goal with the ALUX app launched last year, downloaded by over 100,000 people. The app is getting better and better by the day. Now, we've set a mission to create 1,000 millionaires and we already have our first few. One of them is Paul Nelson, who sent us a long email detailing his journey and how ALUX played a key role in helping him to cross the $1 million a year in earnings mark.

And he's not the only one. Our goal is to get to 1,000 of these testimonials to help 1,000 people become millionaires and aid in the creation of over $1 billion worth of value. You should be next. Once we reach the first 100, we'll release a list on our website with all the stories of how these Aluxers did it. If you want to take part in this challenge, go to alux.com/app right now and get it before the end of the year.

We'll have released version 2.0, which is so powerful we'll need to increase the prices of our monthly subscription. Those who get a yearly subscription now will be locked in at the current rate, which is why we chose to disclose this information in the bonus section of the video. Think of it as an insider hint into what's coming next. If you're interested in being one of those 1,000 millionaires, write the number 1,000 in the comments. We cannot wait to hear your story, my friend. Let's see how many of you are serious about this.