So we've all heard the argument that going out and buying a coffee every day is what's keeping you poor,
and that you need to stop doing it. However in today's video,
I'm going to show you how going out and buying a coffee everyday
can actually make you richer.
And I'm even going to show you how I personally get $1 off instantly every coffee that I ever buy.
Hi everyone, I hope you're all having a great day.
If you're new here, my name is Greg and I like to talk about online entrepreneurship.
So if you're interested in making money online, feel free to look around the channel and consider subscribing.
So we have all heard the standard argument that going out and spending two, three, four or five dollars on coffee every day
is not the best decision and that's what's keeping us poor at the end of the month.
What everyone is saying is that rather than going and spending 2 to 5 dollars on coffee every day,
you should make it at home for a couple cents and then invest the difference.
So invest two to five dollars every day into long term investments.
Now yes, investing 2 to 5 dollars every day into long term investments is a great decision,
however, it should not be coming from your coffee spend.
I have a really good theory and that's what I want to share with you today.
So here's my theory on how going out every day and spending money on coffee is going to make you rich.
So first things first.
If you are an entrepreneur, if you're a business owner, if you have an online business, it's going to take time.
And the reason it's going to take time is because there's a lot of work that goes into it.
You can't do all of this work in one weekend. It takes months to really put all this work in.
Now stick with me. During this long stretch of work,
especially in the beginning, a lot of people fall off,
they lose their productivity,
they lose their motivation, and they stop working and they quit.
Now when this happens, their business will never take off because they never finished putting in the work.
So here's where it gets good.
There was actually a study done a long time ago that shows in the workplace,
when someone is watching you do your job, you tend to do a better job.
So how does this apply to entrepreneurship?
When you are starting a business, you can typically work from home.
No one is watching you, you are comfortable, you can do whatever you want and a lot of times
that's where we lose our productivity,
however, if we take our computer and we go work from a public place like a coffee shop,
inevitably there are a lot of people watching you.
Now, even if these other people aren't even watching you,
psychologically it feels like they are, therefore it increases your productivity.
This is all human nature and psychological and you won't even realize that it's happening.
Next time you go into a coffee shop, look around and look at all the people who are working.
They look very productive and they are in their computers and they are focused on what they are doing.
Now with that being said, it is especially good for entrepreneurs.
I have many friends who have started six-figure businesses from Starbucks.
And lastly if you take a look back in history,
a lot of the big ideas that changed the world were started in coffee shops.
This just goes to prove the theory that going out and spending a couple dollars on a coffee to be able
to work in the coffee shop environment will increase your productivity.
But wait, I have so much more for you guys in this video.
So I know you guys love real examples with real numbers. So that's what I'm going to put in this video
I'm going to do the math of how much it's going to cost if you go out everyday
and spend money on coffee to work in a coffee shop environment,
compared to how much more money you would make by increasing your productivity
of working at the coffee shop.
So for this example,
I'm going to base it off the two main ways that I make money online,
which is print-on-demand and affiliate marketing and that's what I'm always teaching you guys on this channel.
And this is what I find myself doing the most when I go into coffee shops and working.
Now also I'm going to base the earnings in this example on my personal average earnings
and the amount of work that gets done in one session at a coffee shop,
based on my average amount of work that I can get done in one session.
So all of these numbers and amount of work are going to be real averages and they're not going to be over exaggerated
Ok, so to set the baseline of amount of work that's going to get done in one day at a coffee shop,
I usually set the baseline at if I'm going in there and working on print-on-demand
I want to create 10 new designs and upload them to all three of the main sites.
Alternatively if I don't want to work on print-on-demand that day
then I'll work on affiliate marketing and with that
I'm going to try to write one affiliate marketing article that whole time that I'm at the coffee shop.
So that's the goal on what you want to get done when you're going into the coffee shop
either 10 new print-on-demand designs or one affiliate marketing article.
Okay, so if we can achieve that goal every day, how much is that going to earn us?
Now again, I'm using very modest numbers and my average earnings numbers on this
So what this is going to be is one year after you do the work,
you're going to start earning money on it. Now again, that is very modest
and sometimes I start earning in month two or month three after I've done the work, but for this example,
I want to keep it very realistic
and the amount that you can expect to earn is for each of those new print-on-demand designs,
you can expect to earn one dollar per month on per site that they're uploaded to.
So remember we upload those ten designs onto all three of the web sites;
Teespring, Merch by Amazon and Redbubble
So what that means is for print-on-demand, if we go in there and work on that, in one year's time
we're going to earn $30 per month from that work.
Now alternatively, if we go in and work on affiliate marketing. It's very straightforward.
So each one of those articles that we upload in one year's time is
coincidentally going to earn about $30 per month in a year's time.
Now the way that I come to
$30 per article, per month, in a year's time is based on, if you write 30 articles on the site in a year,
it's going to earn a thousand dollars per month average.
Now I have an entire video explaining this and there are a ton of other ones on the channel
but just know that these are the modest average numbers and it's going to take one year from when we do the work
to when we start earning.
So essentially all we need to know here is,
every day that we go into a coffee shop if we achieve our goals of doing that work for the day,
we're going to be earning ourselves thirty dollars per month in a year's time.
So let's get to the real actual numbers here.
So every time I go to Starbucks, I get a grande iced coffee with the classic syrup in it.
This comes out to $2.93
Now like I mentioned before, I get one dollar off every coffee and I'm going to show you how to do that in a minute,
so that brings it down to $1.93 for the coffee.
Now in addition to getting one dollar off every coffee,
I always get a refill. When you get a refill, it's only fifty four cents and that includes tax.
So what that means is our total cost for the day of working at a coffee shop for two coffees, not just one is $2.47
Now if we do this every single day for a year that is $901.55
for the entire year, for two coffees a day.
So here's where it gets really interesting.
If we go into that coffee shop and we're spending the $2.47 every day
however we hit our goals of what we wanted to accomplish the print-on-demand or the affiliate marketing article,
if you've done this every day and you hit the goal and then you stopped and didnt any more work,
by the end of the year, you'have done enough work to start earning $10950 per month, passively online.
These are my averages, these are not made-up numbers. These are not unrealistic numbers.
This just goes to show that if you actually,
consistently put in the work and you don't quit, you will get big returns.
Now obviously for this example, you're not going to start earning until a year after you've done the work.
So this assumes that you've done all the work on day one
But what I'm telling you is if you've done this every day for a year,
you've done all the work to start making this amount of money.
So here's the kicker and then I'll show you how to get $1 off all your coffees forever.
So the kicker is this, in the standard argument in the beginning,
they want you to save two to five dollars every day and invest that in long term investments.
However, if you use my theory of going to these coffee shops to increase your productivity,
by the end of the year you will be earning so much extra money every month
that you will be able to invest 10 times what they wanted you to in the standard argument.
Okay as promised, now the part on how I get $1 off every coffee that I buy and you can do the same.
So if you have a smart phone, there is a smart phone app called Cash App
No, this video is not sponsored by Cash App
I just highly recommend them because they saved me a dollar every single time that I go buy a coffee.
So I put a link down to Cash App so you can check it out in the description.
But essentially what it is is a free smartphone app that you can basically pay for things with
and the incentive to using it, is one, it's completely free.
Two, there are no fees ever. And three, they give you incentives.
One of the main incentives that I always use is the $1 off any coffee from any coffee shop.
They also have incentives like 10% off Chick-Fil-A,
10% off Chipotle, and other ones that come and go but I always use the coffee one every day.
I linked mine directly to my Apple Pay, it was a couple clicks and then I just scan my phone to pay for everything.
And then it gives me a dollar back, whenever I'm buying a coffee. Again, this video is not sponsored by them.
I just highly recommend it.
It's something that I actually use and if it's going to be saving you one dollar
on every coffee that you buy, I think that's pretty worth it.
So like I said, there's a link down in the description and it's actually their referral program,
they have it right on the app.
So if you use that link, it'll give you $5 to your account and it gives me $5 to my account.
So if you want to use that, your first couple coffees
will be on me for using the link and then also you're buying me a couple of coffees.
So thank you for that. Check out the link. It's in the description that's called Cash App.
So guys hopefully this video changes your mindset of going out to a coffee shop and spending a
couple dollars to work there if it's going to increase your productivity.
If nothing else, at least you learned how to get a dollar off every single coffee that you buy in the future.
But I really hope you guys enjoyed this video as I mentioned in this video the two things
that I'm always working on and recommending
are print-on-demand and affiliate marketing.
So in the top video here, I'm going to link up a full tutorial on print-on-demand,
everything you need to know, and then down below it.
I'll link another one for affiliate marketing, everything you need to know for that.
I hope you guys enjoyed this video and if you watched all the way to the end,
thank you so much.
And if you have any questions, let me know down in the comments
and I will see you guys in the next video.