The video outlines a strategy for earning money on Amazon without holding inventory by leveraging YouTube and the Amazon Associates program. The speaker suggests starting a YouTube channel focused on popular topics like health, food, fitness, or technology, but notes that any topic can work. The next step is to sign up for the Amazon Associates program, which allows you to earn commissions by promoting Amazon products. It's important to make a sale within 180 days to keep the account active. The speaker advises creating simple videos related to Amazon products, such as reviews, tutorials, or lifestyle vlogs that incorporate the products. Including trackable links in video descriptions and pinned comments is crucial for tracking sales. Compliance with FTC guidelines by including disclosures is also emphasized. The speaker highlights the importance of making videos easy to find on YouTube to attract viewers and encourages persistence, sharing their own journey from earning $212 to $3,500 weekly. Finally, the speaker advises avoiding common mistakes that hinder video views and sales generation.