I want to share with you the worst advice that I've ever received.

I have a feeling that some of you have either been given this advice before or have given this advice to others. 

We've all been on the receiving end of advice at some point in our lives. When you are struggling and desperate for answers, any advice can feel like good advice. Unfortunately, this is not the case.

Are you ready to learn about the one piece of advice that could have left me stuck in one place forever? What I have to say may surprise you.

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/626965-plm-519-is-amazon-fba-dead-watch-this-before-starting-your-amazon-business.mp3″ background=”default” ]

Are you ready to learn how you can master every area of your life? CLICK HERE to join my Life Mastery Accelerator program!

Choosing to ignore the worst advice ever saved my life.

Sometimes people give advice without thinking about the effect that it may have on others. Their intentions may be good, but they've still got their own agendas in mind. The wrong advice can lead you down an entirely wrong direction in life. Here is a story about how I came to receive the worst advice ever.

I used to be the opposite of who I am today. For those of you who don't know my story, I used to struggle with extreme shyness and social anxiety, on top of depression. I got bullied a lot, so much so that I had to move schools three times. As a result of all of these setbacks, I barely graduated high school.

My way of escaping pain was through video games and watching TV. That became my entire world. I didn't want to take responsibility for my life. It's fair to say that I was in a dark place. Thankfully, I hit my emotional threshold and decided that it was time for a massive change.

That is when I discovered the world of self-development which allowed me to realize that ANYTHING was possible. During this time, the one thing that I really wanted to work on was my social life. Unfortunately, the advice that I was consistently getting from people was to just be myself.

That ended up being the worst advice ever.

It only served to limit my true potential. If I had followed this advice, my life would have never changed. I would have continued to be a shy, depressed, and lonely person.

Research shows that painful, early experiences and definitions affect the way individuals perceive and present themselves throughout their lives. This leads them to develop an “accidental identity”, rather than a true sense of who they are. I didn't want to be known forever as the shy guy who had no friends and who could never get a girl.

In order to become more, I had to be what I was not. I knew that if I wanted to change my life, I had to level up. This meant being brutally honest with myself about how I wasn't showing up. I was forced to step outside my comfort zone and face my fears. None of that would have ever happened if I had chosen to play it safe and stay stuck in old patterns of thinking and behaving.

The best advice that I can give you is to be your best self.

You can be, do, and have anything in this world. However, in order to step into your power, you've got to be willing to let go of anything that doesn't serve your highest self. I promise that when you change, everything will change for you.

What does your best self look like? Let that version of yourself be the motivating force that drives you to level up your life.

Are you ready to master every area of your life? CLICK HERE to join my Life Mastery Accelerator program!

The decision making process is never easy, but it doesn't have to hold you back to the point where you can't make any decision at all.

We've all fallen into the trap of ruminating over what to do, where we end up second-guessing ourselves, even after we've made a decision. Research shows that overthinkers believe they're helping themselves by re-hashing their problems in their heads. With this mindset, even the simplest of decisions can feel like the end of the world.

Decision making comes down to taking responsibility for your life. In the words of Tony Robbins, “Your life changes the moment that you make a new, committed and congruent decision.”

Are you tired of living in a state of indecision? If so, I've got 7 ways that will empower you to make BIG decisions in your life so that you can take massive action.

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/742831-plm-588-decision-making-process-how-to-make-big-decisions-in-your-life.mp3″ background=”default” ]

Are you ready to learn how to master the art of decision-making? CLICK HERE to join my Life Mastery Accelerator program!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Problem-solving and decision making are critical skills for business and life.

The decisions that we make determine how we live our lives. Think about how many decisions you make every day, from the moment that you wake up, to the moment that you go to sleep.

If you want to become a successful entrepreneur or leader in any field, you need to be able to make clear, calm and rational decisions. Lynne Shaw, a business neuroscientist, says it is important that “Everyone in your team is able to make decisions quickly and skillfully…if you or your people hesitate for too long, money can be lost and morale can plummet.”

The types of decisions that we need to make vary in importance. However, every decision is associated with a consequence, whether it's positive or negative in nature. A lot of people make decisions unconsciously. As a result, they end up suffering. This is no way to live, which is why it's important to make the right choices.

Now, deciding whether or not you are going to eat an apple or an orange isn't going to drastically impact how your life. However, big decisions have the power to change your reality in a heartbeat.

If decisions are so important, then why do so many people struggle with them? Decision making comes down to making up your mind about something. Unfortunately, we live in a world where we are inundated with choices. Every aspect of our daily lives requires that we choose something. The result? A lot of people end up wasting precious time and energy worrying about making decisions, leaving them in a chronic state of indecision.

In Barry Schwartz’s book, The Paradox of Choice: Why More Is Less, he suggests that while choice is a vital part of autonomy and fundamental to our well-being, too much choice has a cost. Our obsession with it contributes to bad decisions, anxiety, stress, dissatisfaction, and analysis paralysis.

It's not that you don't know how to make decisions. Rather, it's that you are worried that you will make the wrong decision because there are so many choices to choose from.

This is exhausting, right? Keep in mind that no decision is ever perfect. As Pearl Zhu says: “It is often said that a wrong decision taken at the right time is better than a right decision taken at the wrong time.” If you are not taking risks that means that you are choosing to play it safe. In this space, there are very few decisions that can be made.

I'm not saying that you should rush making big decisions, but if you are obsessing about the decision making process, to the point where you aren't moving forward, then you are only procrastinating. Yes, decisions have consequences, which are sometimes unbeknownst to us at the time that we are making them. However, if you don't take a chance and try, how will you ever know?

Research confirms that the human brain is hard-wired to confirm biases, overweight the importance of recent information, and run with the herd. Just because we think something, doesn't mean that we have to believe it to be true. In order to make better decisions, we need to learn how to slow down our thought processes so that we can adequately decipher what is true or false. By getting out of our own way, we are able to take the best route possible and move into something else.

We all know that when it comes to making big decisions, being indecisive can wreak havoc on our mental and emotional state. Questions like…

• Should I move cities?

• Which job offer should I take?

• Should I get a divorce or work on my marriage?

• Should I go to university or take the entrepreneurial route?

Life is so unpredictable. We cannot ever be 100% sure that we are making the BEST decision. However, whenever I've had to make big decisions in my life, I've learned that it's helpful to go through a step-by-step decision making process. Doing so allows me to weigh the evidence, examine alternatives, and choose the best path that serves my highest self. 

Here are 7 ways that you can improve your decision making process.

1. Know What Your Values Are

I believe that we should always make decisions based on our values. When you know what is most important to you, you feel empowered to make decisions that will guide you in the right direction. Alignment is the name of the game. However, you want to determine what the hierarchy of your values are so that you know what to give priority to.

The most successful people in this world are able to make decisions quickly because they know what their values are, which ensures that they never veer far from their path. If you are struggling to make a decision about something ask yourself if the decision is aligned with your highest value. If it isn't, you will have a better understanding of where the resistance is coming from.

2. Get Clear On Your Goals

When it comes to making big decisions, you've got to be crystal clear about what you want and why you want it. What are your goals, and what is the final outcome that you desire? People get into trouble because they lose sight of the reasons why they are making a decision in the first place. If you don't know, you won't follow through and take action.

In his book, Decisions, Decisions: The Art of Effective Decision Making, David Welch explains that “People who aren't self-reflective are going to end up making bad decisions because they don't really know what they want in the first place.” When you know what your outcome is, it will direct all of your energy towards that one thing.

3. Don't Dwell On “The Perfect” Option

Despite what people may say, there are no perfect options when it comes to making decisions. How many times have you been stuck in a cycle of figuring out what the ideal decision looks like, to the point where nothing happens at all?

If we wait for the perfect decision, we will miss out on a lot of opportunities in life. The focus isn't on being perfect. Rather, it's about making progress. I'm a big believer that it's better to make any decision than no decision at all.

When it comes to making choices, it's important to realize that there is no right or wrong decision. All that we can do is make the best decision that we can, based on the information that we have. It's that simple.

4. Embrace The Possibility Of Failure 

5. Seek Help

Whenever I make important decisions in my life, I always seek out help. I believe that all of us need a support network of people in our lives that we can turn to when we are struggling to make a decision. This could be in the form of a coach, friend, mentor, advisory board or a mastermind group. The people that know and care about you will always have your best interest at heart.

Sometimes the decision making process can leave us in a state of analysis paralysis. Getting advice from others can lead you in a direction that you may not have thought about, had it not have been for their feedback. They will look at your situation with a new set of eyes and offer a fresh perspective. They will notice your blind spots, which you may not be able to see because you are so entrenched in your story.

If you decide to get advice from someone, make sure that his or her values are aligned with yours so that you aren't swayed off track. Ask for advice from the people that you respect and admire the most. This may mean that you have to financially invest in advice, but it's worth it, especially if you feel stuck making a big life decision that could transform your life.

6. Take Action 

7. Don't Look Back

Now that you've traveled through the entire decision making process, it's time to keep moving forward. Don't look back because you aren't going that way. Don't get caught in the trap of figuring out whether or not you made the right decision. Trust yourself. If you let your mind get the best of you, it will only cause you stress. When you commit to not backing out of a decision that you made, you will be happier as a result.

These steps will allow you to make more thoughtful and informed decisions that serve your highest self.

Every single day we are faced with situations in life that call upon us to make choices. Our lives are defined based on the decisions that we make, which is why it's so important that we choose wisely. Decisions that appear to be the most difficult are the ones that have the power to change our lives because they define who we are.

What BIG decision are you ready to make today?

Are you ready to learn how to master the art of decision making? CLICK HERE to join my Life Mastery Accelerator program!

Do you want to learn 3 tips on how you can kick the bad habit of indecisiveness? CLICK HERE to read the article that I wrote on Medium!

If you were to ask me to share my hair loss story back in my 20’s, I would have been reluctant to do so because I felt depressed, frustrated, and embarrassed. However, today I feel empowered to share my hair loss story.

A lot of men have been asking me to do a video on this topic because they are going through the same experience that I went through, and are looking for advice with regards to how I coped with this process.

First and foremost, if you are someone who is experiencing hair loss, I want you to understand that I know exactly how you feel. As men, so much of who we are and our identity is based on how we look, and hair is a big part of that. My hair loss story was a large part of my identity for many years.

Nobody wants to lose their hair. Yes, hair loss sucks, and there’s no shame in admitting that, but once you hear my hair loss story and the solution that worked for me, you may change your perspective.

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/602436-plm-506-my-hair-loss-story-going-bald-early-advice.mp3″ background=”default” ]

Are you ready to learn how you can master every area of your life? CLICK HERE to join my Life Mastery Accelerator program!

I never saw hair loss as a possibility for me, because both my dad and grandparents have a full head of hair. However, in my early 20’s the reality set in, and I quickly started to lose my hair. I tried my best to hide my hair loss by styling it in different ways. However, over time, my hair continued to get thinner and thinner, which caused more insecurity.

For years I looked for different solutions. I went to a dermatologist and they prescribed me with the drug Rogaine, which helps with hair growth. I’ve always been very health conscious, so having to put a chemical on my head every day wasn’t in alignment with my beliefs. It helped a bit, but unfortunately it wasn’t solving the root cause of the problem.

I then went back to the doctor and was prescribed Propecia, which is another drug that prevents hair loss. I took that drug for 6 months to one year. It helped, but again, it wasn’t a magical solution. I didn’t want to take a pill for the rest of my life.

Not only that, but I found a community of people online that had experienced negative effects from taking the drug, like reduced libido, suicidal thoughts, erectile dysfunction, low energy, and depression. At that moment, my mindset shifted and I made the choice to stop the drug.

During this time, I was going through a lot of spiritual growth, and I noticed how attached I was to my hair loss story. Oftentimes, we become so attached to beliefs or external things. I am reminded of a quote by Epictetus who said, “The essence of philosophy is that a man should so live that his happiness shall depend as little as possible on external things.”

What really underlies attachment is a fear of not being in control. When something is outside of our control, and it makes us feel self-conscious and insecure, it can affect every area of our lives. 

I freed myself from my attachment to my hair by making the choice to shave my head. I didn’t make this decision because I was looking for a solution to my hair loss. Rather, I did it for the purpose of self-growth. I wanted to challenge myself.

If I shaved my head, I knew that I would have to confront the insecurity that I had been carrying for so many years, and create confidence, that was not situational in nature. Your confidence and self-esteem should never be so dependent on how you look. True confidence is when you are comfortable in your own skin and you embrace who you are, regardless of what you look like.

When I first shaved my head, I was shocked at how I looked. I had to adapt to a “new me”. However, I finally felt free, in the sense that I was no longer controlled by my hair loss. You need to understand that shaving your head is not uncommon. Bald men are everywhere!

It’s actually become quite a trend to shave your head and is seen as a symbol of confidence and dominance. This is supported by research that found that hairless men are leading the way of attractiveness, and appear more confident and dominant to the opposite sex.

For those of you who are struggling with hair loss, I hope my hair loss story has empowered you to find a sustainable solution that works best for you, but I encourage you to go ahead and shave your head! Shaving my head was one of the best decisions that I’ve ever made.

Today, I feel more confident as a man and I’m not dependent on hair for my happiness and self-esteem. Don’t let your hair loss rule your life. You are so much more than your hair.

Are you ready to learn how you can master every area of your life? CLICK HERE to join my Life Mastery Accelerator program!

Do you have dreams that are being put on the back burner because you think time is running out, or that you aren’t experienced enough? If so, it’s time to drop these excuses. Your age is NOT an excuse to pursuing your dreams.

When it comes to success, age should never be a limiting factor, but unfortunately a lot of people think it is. So much so, that it holds people back from even starting. 

Researchers have found that self-perceptions of aging become a self-fulfilling prophecy, in the sense that negative beliefs regarding the aging process lead people to live a reduced quality of life.

No matter what your age is, it is never too late to pursue your dreams. Age is literally just a number. It all comes down to your mindset. In the words of Mark Twain, “Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.”

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/602217-plm-505-your-age-is-not-an-excuse-to-pursuing-your-dreams.mp3″ background=”default” ]

Are you ready to succeed faster and master every area of your life? CLICK HERE to join my Life Mastery Accelerator program!

I’m bringing up this topic because one of my Life Mastery Accelerator program members, named Ben, recently asked me an important question that I think a lot of people struggle with.

“Hey Stefan, I'm 47 and I'm just starting to get it together. I want to start a business online. I'm into personal development. I have a college degree that I'm not using, and I'm also in debt and lonely. What advice would you give an older person like myself? I don’t have as much time, as someone who is in their 20’s or 30’s. I feel like I'm behind on the 8 ball. Any advice would be great.”

Ben, first and foremost, thank you for sharing your story. I'm here to tell you that your age is NOT an excuse to pursuing your dreams. The fact that you said that you “don't have enough time” is just a limiting belief. You have plenty of time.

There are plenty of examples in this world of people who started in their 40’s, 50’s, & 60’s, that went on to be extremely successful. For example, Reid Hoffman was 35 when he co-founded LinkedIn, and Henry Ford was 45 when he created the Model T.

I recommend that you find people who have achieved the same success that you desire. These people are your role models. Put yourself in environments where these people hang out. Go to events and seminars, network, ask questions – anything that will allow you to learn more about the mindset and the strategies that these people employed in order to achieve success.

If you commit to mastering this knowledge, I promise that it will change your story, which in turn will allow you to create the life of your dreams.

Ben, look at your age as an advantage. You have lived so much life! You have more maturity and knowledge at your fingertips than someone who is just starting out, who might be a lot younger than you. You need to look at the wisdom that you already have. Your age is NOT an excuse.

Ultimately, if you want to create an online business and have a passion for self-development, this appears to be a great avenue for you to create a business in. Why not share your story and create epic content online that helps other people who are similar in age to you, with self-development? I guarantee that you can become a role model for others that feel the same way that you do.

You could then be the person that says, “I was a 47-year-old man who was in lost, in debt, and lonely, but was able to overcome all of those challenges by shifting my beliefs”. You could be the person that defied the odds and set a new standard for living.

Ben, I encourage you to take on this challenge because your age is NOT an excuse to pursuing your dreams. If you can shift your beliefs around this story, you will shift your life. Your struggle can become your biggest asset in life. It will allow you to relate and connect with people on a much deeper level because you've been in their shoes and came out the other side, stronger and more powerful than ever before.

Look at your age as an advantage, not as a detriment to your success. Age is merely a number. It’s not an excuse. What are you waiting for? Don’t overthink. Just do! The best time to start creating the life of your dreams is NOW.

Are you ready to succeed faster and master every area of your life? CLICK HERE to join my Life Mastery Accelerator program!

Do I have to put myself out there to make money online? This is a question that one of my followers, named Linda recently asked me. My answer is no, but…

Yes, there are many ways to make money online that don’t require that you put yourself out there. However, being the face of your brand gives you a huge competitive advantage, and it allows you to achieve success a lot faster.

Are you ready to learn ways that you can make money online, that won’t require you to be in the spotlight or compromise your privacy?

In the words of Jim Rohn, “If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/593560-plm-497-do-i-have-to-put-myself-out-there-to-make-money-online.mp3″ background=”default” ]

Do you want to learn how you can master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

The emergence of social media has transformed the way in which we connect with one another. Transparency is at an all-time high. Today, more than ever before, people are openly sharing their stories with the world.

A fascinating study by New York Times’ Consumer Insight Group revealed the motivations that social media participants cited for sharing information. These include a desire to reveal valuable content to others, to define themselves, to grow and nourish relationships, and to get the word out about brands that they like or support.

Platforms, like video and social media, have become the vehicle that make it possible for people to put themselves out there, and it’s working. Why? A new study from Pew Research claims that 62 percent of people get their news from social media, with 18 percent doing so very often.

If you are still thinking to yourself, “Do I have to put myself out there to make money online,” keep in mind that there are other “behind the scenes” things that you can do. It all depends on what your end goal is.

If you just want to play it safe and make some money online, then there are things that you can do that won’t compromise your privacy.

For example, you could launch an Amazon FBA business, start a Kindle publishing business, become a blogger, or you could even partner with someone who has a desire to be the face of your brand and you could work behind the scenes.

Will you have as much success if you decide to not be the face of your brand? Probably not.

Take my girlfriend, Tatiana, as an example. She started selling physical products on Amazon, and achieved some success doing so, but it wasn’t until she became the face of her brand and starting promoting herself on Youtube and social media, that her business really exploded.

If you want to build a million dollar brand and take your life to the next level, you need to be the face of it.

Why is it so important to be the face of your brand? Neuroscience research suggests that products or brands that we value activate the reward system of the brain. The intensity of the brain’s response appears to be related to the value we think the product will deliver.

This has been one of the reasons why I have achieved so much success in my business.

You don’t have to put yourself out there, however, if you have a desire to create financial freedom, I suggest that you do so. It all starts and ends with you! Are you ready to take a leap of faith and create a thriving online business?

Do you want to learn how you can master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

I have created a new and improved version of K Money Mastery which is called, Mastering Book Publishing!

Welcome to my live #AskStefan Q&A, with a focus on how I can add value to you today!

As many of you know, my ultimate mission in life is to grow and to give. Every day and I wake up and as myself, “How can I serve and add value to others?

There is no greater gift that I can receive than knowing that I have made a difference in someone’s life by way of my content. I hope that the knowledge that I share with you inspires you to take massive action and live your life to the fullest.

I share Francois Baird’s thoughts, when he says, “My mission is to add value. My attitude is of active curiosity, and my method is through relationships of trust.”

Are you ready for a sneak peak into some of answers from my live #AskStefan Q&A?

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/561789-plm-467-askstefan-q-a-how-can-i-add-value-to-you-today.mp3″ background=”default” ]

Do you want to learn the 7 online business models that have made me an Internet millionaire? CLICK HERE to receive instant access to my free course!

I would like to share with you a few of my responses from my live #AskStefan Q&A:

How do you do market research on popular items for ecommerce?

For marketing research on Amazon I use Jungle Scout by my friend, Greg Mercer. You can do manual research, just by looking on Amazon and reviewing the best seller rankings and getting an idea of what the demand of products are, but the beauty of Jungle Scout is that it makes this whole process so much easier.

When you are deciding on a product, choose one that has the potential to develop future products with, that you can develop a brand out of, etc. When I’m deciding on a product I think to myself, “What strategies can I utilize that can really help me market this product?” I also see if there is an opportunity for me to do affiliate marketing with a product, create online courses, or find bonuses that are relevant to the product.

Can you still make money with Kindle publishing?

Of course! It is still one of the best ways for someone to make money online. Why? While it can take many months to launch a physical product on Amazon, the beauty of Kindle publishing is that it’s a much faster process. For example, if you’ve got an MS word document on your computer right now that is 5000 words, you can take that content, create a cover, launch your book, and tomorrow it will be on Amazon for sale, and you can start making money from it. It’s a newbie friendly, relatively quick way to launch something on Amazon. Sure, Kindle publishing is a competitive market, but you don’t have to worry about competition if you are utilizing good marketing strategies and are building a brand.

It’s a newbie friendly, relatively quick way to launch something on Amazon. Sure, Kindle publishing is a competitive market, but you don’t have to worry about competition if you are utilizing good marketing strategies and are building a brand.

Do you invest your profits into hard assets, like real estate?

The money I make I use to invest in stocks, companies, and real estate. I like stocks that pay dividends so that I can get a passive income from that. I get taxed a lot less on dividends than I do on other sources of income. I also like real estate investment trusts, where I can still own real estate, without having to actively manage it. Some great advice from Warren Buffett is to make sure that whatever you invest in, the company is still around in 20 years.

How do you manage your time so that you are able to cover so many things?

The key is to learn how to master the concept of leverage because there is only so much time in one day. The greatest gift that money provides is that it gives you the ability to get more time in your life. At the end of the day, this is the most valuable asset that you have. I use money to have someone prepare all my meals for me during the week, to clean my apartment, to have a personal assistant, a fitness trainer, employees and teams that do a lot of things for me so that I don’t have to spend time on things that don’t matter.

At the end of the day, you can’t do it all. During the beginning stages, you may have to learn new skills, but you need to ask yourself, “Do you want to be good at 10 things or do you want to master 2-3 things?” Focus on doing a few tasks really well, rather than overwhelming yourself with a massive to-do list.

How do you know when to give up on a business idea and try another one?

Whenever I pursue a new idea, goal, or plan, I always give it a fair amount of time, like 6 months to a year before I expect to see any results. I know that, in order to succeed in business, you need to invest, long-term. It’s going to take about one year for your business to really take off and start doing well. If your business isn’t working in your favor, don’t be a dabbler and jump ship when things get tough. Rather, tweak and make adjustments to your business along the way. Experiment with different strategies, and commit to mastery.

Do you want to learn the 7 online business models that have made me an Internet millionaire? CLICK HERE to receive instant access to my free course!

Hey everyone! Stefan here again. Today I'm taking some of your best questions and turning them into a YouTube Q&A about how you can start, grow, & scale your YouTube channel.

Whether you want to start a YouTube channel or you already have a YouTube channel and you want to expand it, I promise this Q&A is for you. I cover all the bases.

This video is a follow up from another video I created surrounding how I make $9,000 per month on YouTube. It's one of the many messages I share with the world that has changed my life and hopefully can change yours as well. Check out that video if you haven't already!

There have been a lot of GREAT questions sent from people all around the world in the comments on that video, so I answer as many as possible in the video below. I can't answer them all, but I can answer the ones that benefit the most amount of people.

Check out the video below to learn more!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/550226-plm-459-youtube-q-a-start-grow-scale-your-youtube-channel.mp3″ background=”default” ]

Do you have more questions? I've got your answers! CLICK HERE to learn more about Affiliate Marketing Mastery!

As I mentioned, I wasn't able to answer everyone's questions in this video, but I did answer as many as I could. Below are some highlights.

Question: How do I find profitable YouTube niches?

There are two possible methods to finding a YouTube niche. Number one would be finding a niche that you want to build your business around. Every good YouTube niche has high demand on not only YouTube, but online in general. By that I mean people are searching for information to solve problems on your niche.

Often you can simply conduct some research and see which niches are popular. If you have an idea that comes to mind, search for it! Also keep this is mind — you want competition. COMPETITION IS GOOD.

A lot of people are afraid of competition. Competition is your friend in the online business world. The more competition, the bigger indicator that there is demand in your niche. If there is no competition, there probably isn't much money to be made in your niche.

Competition also gives you the opportunity for collaboration, and collaboration will allow you to scale your online business. When you partner with other YouTube channels with a following, you can share followers and cross-promote as a money-making strategy.

It's actually very easy to rank on YouTube as opposed to Google and other search engines. If you search for “Amazon” on YouTube you'll actually see I have three videos ranking high, which I'm very proud of. If you were to conduct the same search on Google, the same thing would never happen. YouTube gives you a chance to rank for things you can't rank for anywhere else.

Once you find your niche, you can also look at monetization options to make your niche profitable. That could be YouTube ads, affiliate marketing, physical products, information products, or apps and software. Make sure there is potential there to make money.

In any business, you need to make money to sustain the message. I wouldn't be able to do what I do if I didn't make money. That way I'm able to invest back into my business and continue bringing my message to you.

The best way to do all these things? Get into a niche that you enjoy. If you love what you're doing it's going to be very easy for you to continue to create content in the beginning, which is the most important time to create content.

Want more advice on how to start, grow, and scale your YouTube channel? I answered questions for 73 MINUTES in the video above! Check it out and see if I answered yours.

Do you have more questions? I've got your answers! CLICK HERE to learn more about Affiliate Marketing Mastery!

I have created a new and improved version of K Money Mastery which is called, Mastering Book Publishing!

I receive so many messages every day and it is impossible for me to answer all of them.  I create content and videos because it gives me the ability to scale and reach thousands of people, rather than working with people on an individual basis.

If you aren't already, follow me on Snapchat.  My username is stefanjames1.

I receive hundreds of Snapchat questions from my followers, and I wanted to highlight a few of them and share my responses.

Question #1:  “Its hard to smile when I struggle every day. I feel like Ive been stuck for years. Nothing is right in my life”.

Response:  “You need to understand that you are struggling because you are creating a meaning and you are interpreting things in a way that is making you struggle. Its not the events of your life that determine your happiness, but rather it’s how you interpret the events and the meaning that you associate with them.  You need to realize that you have incredible gifts in your life. You are struggling because you aren’t recognizing the gifts that you have. You create your happiness each day. You have the power to be happy right now, to put a smile on your face and focus on what is good. If there is one gift that I can give you, purchase my Morning Ritual Mastery course and apply it in your life.

Question #2:  “Can I get a personal email from you? I bought your course and I have a few questions that I am confused about. I sent you my email, but you didn’t email me back. Can you please help me out?”

Response:  “Once in a while I get questions like this.  You have to recognize that I get hundreds of emails/day. Getting ahold of me and my team on Snapchat is not the best way to connect with me.  You have to understand that I run a business. I have an amazing customer support team, but on the websites that I have there is a support section on the top and at the bottom, as well as a chat section, where you can submit questions.

That is the best way to communicate with us if you have questions or issues about the program. I want to help you and achieve the results you are after, but I am challenging you to use some common sense with that and be intelligent about how you reach out for help. A snap message is not the best way to reach out. I have a team that can help service my customers.”

Question #3:  “What is the name of the link you sent for teenagers?”

Click the following link to learn more about my Teen Mentoring Program that I created for teenagers, 18 years of age and younger.  It is a free coaching that I am providing to help teens that don’t have role models, and who want some mentoring for free.  I am passionate about helping and inspiring teenagers to achieve success in their personal and professional lives.

Question #3:  “Is Kindle publishing still making money, and how much can I expect if I follow all the steps in your Mastering Book Publishing course in 3 months?”

Response:  “Yes, you can still make a lot of money. Amazon and Kindle are not going anywhere. The opportunities are bigger than they’ve ever been before. When I got started in Kindle publishing, I didn’t believe that you could make more than $5-8000/month, and Ive been proven wrong since then. Some people are making $50,000/month.   You don’t build a long-term successful business by having the mentality that success is going to come quickly. Some people think that building an online business is easy. The potential is massive, but it doesn’t come easily.  It requires hard work, commitment, and a long-term investment.

Can you make money fast?  Yeah, some people do, but you don’t see the background and history of that person. If I start something today, yeah, Ill make money faster, but that’s because I have years of knowledge of business and the discipline to do so.  You need to understand that it takes time to make money. You always need to approach the concept of success from a long-term perspective”.

Thank you to everyone who submitted questions!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/411583-plm-332-askstefan-snapchat-edition.mp3″ social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ]

Follow me on Snapchat (username: stefanjames1) for more behind-the-scenes access of my life, motivation and daily rituals!

Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing course!