Passive Income needs time, But if you give your hard work and dedicated time, it will never let you down. Here I will show you…
The best ways to generate a passive income and you can choose which suits you.
Blogging is the easiest way to generate a passive income. If you are an expert in any field and want to earn money by sharing your knowledge, then blogging is only for you. It takes time but its a 100% Guaranteed Business Model.
Blogging is the only way where you can earn a bunch of passive income from different sources, like… Adsense & Direct Advertising, Affiliate Makreting, Sponsored Posts, Selling Digital Goods and more.
Now a day, Dropshipping is a great business model without investment. No need for assets like a physical store or no need of investment for purchasing goods. You need to create an online store and when you get orders, all order is fulfilled by the third party and shipped directly to the customer.
There are lot of ways to create a ecommerce store. But for dropshipping, You can create your Dropshipping Store in Shopify or WordPress (Woocommerce). Because shopify and wordpress provides lots of apps & plugins for direct products import and order management.
Affiliate marketing is the one best way to make money online as a passive income source. In Affiliate marketing, you will promote and send traffic to the affiliation site and you will get your commission for your hard work. Of course, Its a without investment plan, but here is the ability to earn unlimited and also you can get your commission instantly.
Affiliate marketing is not as difficult as you think. Its simple… If you like any product or service, You can recommend it to your friends and family and get commission. even you can start with the Amazon Associate program.
If you have a good knowledge about the Affiliate Marketing, then best… But If you want to learn and find affiliate marketing resources, You can go throughout Affiliate Marketing Tutorials and Our Video Tutorial Playlist on my YouTube Channel.
If you love to teach and have a great knowledge of any specific niche. you can create your own online course and sell online. You can publish your course on online platforms, here is the Top 20 Ultimate Platforms To Publish and Sell Your Online Courses.
Online Courses is the new trend in this online world, that’s the only reason you can start your passive income with less effort. You need a computer and an internet connection to start making your online course. or in some cases you need a screen recorder tool to record your computer/laptop screen.
5. Write Your eBook:
If you love to write and have a good knowledge of any niche, like web design, photoshop and related to health etc. You can create your own ebook and you can sell your book on Amazon, Kindle and any ebook selling platforms.
As everyone knows youtube is the world’s second video search engine platform. every day millions of peoples watching lots of videos on youtube. You can show your talent here. You need to create a YouTube Channel and start earning.
If you don’t know, I am also a YouTuber with 80K+ Subscribers, I love to share knowledge related to Passive Income, Make Money Online, Blogging, Affiliate Marketing, Dropshipping, eCommerce, Social Media Marketing and much more.
7. Sponsored Posts:
If you have a website with good traffic or a social media platform with good followers, then you can start sponsored posts on your blog or social media. you can register on online platforms to get sponsorship.
Freelancing is also a good way to make extra money and even you can do it for full time. You have skills and there are a lot of companies need freelancers, you can start with many online platforms like Upwork, Fiverr, freelancers and much more