-by Biplob Shahariar
Just imagine that you’re sleeping and at the same time you’re also making money! Isn’t it a good idea? Or you’re thinking that it is absurd. No, I guarantee you, this 100 percent possible. If it really was that easy, everyone would be counting dollars while also counting sheep. If you have enough money, you can buy assets like an Airbnb rental property, cryptocurrency, and stocks that make money on autopilot. But what happens if you don’t have the funds to get started? Here are 10 best ways for passive income.
1. Selling Designs Online
If you are a graphic designer, you can start passive income by creating an account on Microstock sites. Currently, such platforms are gaining popularity and everyone’s expectations from the platforms are also increasing. Just be creative and unique. Try to grab the attentions of the clients. Build a relationship through your works.
2. Stock Image Sale
Now a days, everybody is a photographer. With your newest iPhone you’re doing photography through out the days. What you need more? Only access to free photo editing software. Now start clicking and selling. There are plenty of stock sites where you can sell your mind-blowing photos.
3. Blogging
If you like writing, you can create and start with a small blog site and publish articles on it. Then you can apply for Google Adsense. Blogging is one of the most effective ways to earn money even if you don’t work actively. Bloggers create income models and autopilot marketing strategies to earn passive income. Even when they are not actively working on their blogs, they still make money.
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Then meet pat flynn. you will definitely learn a lot from him.
4. Affiliate Marketing
If you have enough patience, you can create a website and work on selling products of different brands. It has a relatively high passive earning potential. It is widely known that affiliate marketing is a great form of passive income. Possibly one of the easiest forms. With affiliate marketing I can only say, “GET- SET-GO”! When you become an affiliate or a referrer for a brand, you’re essentially signing up to be able to earn a commission when you refer people to their products or services. That means, you’re not selling any products yourself, just referring others’ products. Obviously the sellers are giving you commission.
Here Are Some Good Affiliate Marketing Companies:
5. E-Book Writing
E-book is currently gaining popularity worldwide! You can generate good passive income by mastering this sector. Are you good at writing? Why don’t you give it a try? Think about current issues. What are thriving the socio-economic life. Even you can pick a topic like “How to write and publish your own eBook?” I recommend 5,000–20,000 word range eBook. As for pricing, the mid-sized ebooks generally go for anywhere between $0.99 and $9.99 .
6. Create YouTube Channel
If you love blogging then you can think of making passive income from YouTube also. You don’t need much for this, you just need to have the ability to create videos on a specific topic. Try to create videos that make people happy or meet their needs. It can be educational or just for fun. As long as your videos are being watched, YouTube income is passive after the video is posted. Keep track of which videos perform the best and create videos with a similar topic. As your video library and views grow, so will your income.
7. App Creating
If possible you can create a mobile app. By doing this you can profit in the long run if your app gains popularity. A lot of people ask me often whether they can create their won App and make money. The simple answer is, “YES, You can.” But you have to be creative. The best way to create an App and make money depends on the type of the App. You can make a plenty of money by creating Gaming Apps (from in-app purchase). On the other hand, many software as a service Apps earn a lot of money through subscription programs. It’s also possible to use adverts to monetize your App.
8. Dropshipping
Dropshipping basically refers to the method of buying products from a certain place at a low price. Also by selling them at a high price on your site. As well you can earn passively from this. Find a reputable wholesale company. I is the key to having a good e-commerce store. Then contact a company that is willing to dropship directly to your customer. But make sure your wholesale company has a good reputation. I must say that Dropshipping is going to be the future of eCoomerce.
Ready To Do Dropshipping? Here Are Some Platforms!
9. Online Survey
Here’s another super way you can have passive income. Online surveys are mainly used by various companies to receive feedback from their customers. In this case, companies employ several people online to conduct surveys. This can also be a convenient source of income for you. You need not to replace a full- or part-time job filling out paid surveys online. Bbut you can earn some extra spending cash in your spare time. Completing surveys can be time-consuming and can pay as little as $3 per hour. The decision is all yours. Do you want something more profitable with your spare time? You can try it.
10. Earn As An Influencer
If you have a lot of followers on your social media account, then you’ve a great chance to bag some extra money in your pockets. Not to do a lot, start working as an influencer for different companies. Definitely you’re thinking how it woks. You can earn in a variety of ways including endorsing products or services, blogging, eCommerce, print on demand, podcasting, affiliate marketing etc. Each idea offers varying levels of passiveness. But the main success factors are your audience, engagement, content quality and the level of influence.
And of course, there are many more ways to earn passively. Keep in Touch. I’ll be keeping you updated. And one more thing. “Don’t waste your time, start earning passively.”
