Passive income ideas is one of the topics that receive high search volumes on Google every month. Who would hate to make money while sleeping or maybe get to enjoy a vacation while your passive income idea is generating income for you? No one. It is a dream, which is achievable but of course with hard work.
A passive income idea is a side hustle or something that brings you a certain amount of income month after month even though you stop working or you work on it for a minimum time frame. These passive income ideas are legit and they can help you achieve your dream lifestyle because you will be able to bring in extra income.
Depending with your time you can pick one or more. The passive income ideas below are not get rich quick schemes, just have that in mind but you will be able to scale your income. You will be required to put in so much work at the beginning but once you have everything set up you will be good to go.
10 passive income ideas that are extremely easy to start and you don’t need special skills to do so. If you are willing to put in the work required at the beginning then, your passive income idea could allow you to quit your job because it will be paying you more. After everything is set up, all you will need to do is a little work to maintain it.
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1. Blogging
One of the best passive income ideas is blogging. Blogging is always my no 1 recommendation because it works it’s what I do. Am a full-time blogger and I love blogging. From this income report, you can see that it’s more than possible to generate an income from your blog whether you are doing it full time or part-time.
Blogging gives you an opportunity to be your own boss, which means you get to set your working hours. You are not restricted to the 9-5 working hours. It also gives you the freedom to work from anywhere in the world as long as you have stable internet and a computer.
There are 5 main ways you can make money blogging that is through affiliate marketing, Ads, sponsored posts, by having products and offering services on your website.
To start your blog, check out this easy step by step guide on how to start a profitable blog. The best part is that you don’t have to be tech-savvy to start one or head over to Bluehost and get set up for as little as $3.95/month.
If you want to run a successful blog I highly recommend Blog by Number course. It’s a course I took when I was starting my blog and it’s worth every penny. I honestly can’t recommend it enough. It’s by Suzi from startamomblog who is one of the most successful bloggers out there.
She was able to grow her blog from $0 to $ 20,000 per month in over a year while looking after her little kids, which is so impressive if you ask me. Blog by Number Course is perfect for anyone who is looking to starting a profitable blog. You get to learn how to launch your blog successful, attract visitors, how to make money from day 1 and much more. After taking the course I made about $200 after like a month. Read my honest review of the course here.
2. Sell photos
Do you love photography?
This could be your passive income idea.
Why not take photos and make money doing what you love. The demand is so high because so many influencers, companies, and bloggers are looking for places to buy pictures for content creation. In the blogging world, good quality and unique stock photos are everything. There are so many categories which you could explore depending on your interests.
To get started you will need a good camera or a smartphone that takes high-quality pictures. If you don’t have a professional camera worry not. Phones and all the available apps have made it possible for us to take beautiful pictures.
There are so many ways you can go about selling your pictures online, for example you can sell to big sites like Bigstock, Shutterfly, and Fotolia or you can also have your membership website like Ivorymix where people will pay a certain amount of money every month to access the pictures. Your work will just be adding more picture often.
Having your own website comes with it’s own sparks like you can occasionally run promotional offers like Black Friday sale or a Christmas sale. You can also create an affiliate program for your website so that others can promote your site for you which will mean more sales for you.
3. Teach English
Teaching English to Chinese kids is another great way you can make online. If you have a degree or any teaching experience, teaching English is an amazing passive income idea because it pays so well and it’s flexible. You can earn between $14 -$ 22 per hour teaching with VIPKID.
VIPKID is an amazing platform that offers teaching opportunities. You don’t have to worry about teaching material, the company takes care of that and you get to pick your own hours.
4. Start A YouTube Channel
Looks like everyone is starting a YouTube channel nowadays, right? Just like blogging or any other side hustle consistency is key. Same as blogging there are so many niches you can choose to start your YouTube channel on such as fashion and beauty, parenting hacks, gaming, lifestyle, knitting, travel and cooking.
At first, you won’t have enough views to start monetizing your channel, the more you post high-quality engaging content the faster your channel grows. 4 Major ways you can generate money from YouTube is through affiliate marketing, reviewing products, selling products and Ads. The best way is to different combine ways which increase your revenue.
5. Affiliate Marketing
I love affiliate marketing. It’s my best way to make money blogging, once you grasp how it all works it becomes easy. Affiliate marketing is simply promoting someone else’s product or service and when someone purchases the product using your referral link, then you will receive a commission.
You can promote on your blog or social media platforms like Facebook and Instagram. The best part is that you don’t need to create a product or offer a service neither do you need to invest money to get started on affiliate marketing.
The commission can range anywhere from 5% to 75% per product when you sell. The higher the better because it means you are making more. There is also the monthly subscription affiliate product which is amazing because it means you get a commission every month the person pays for their subscription.
To get start on affiliate marketing check out these posts.
Easy affiliate marketing tips for new bloggers
How I made my first affiliate sale
3 Best affiliate marketing tips for bloggers to boast their income
To get started with affiliate marketing, you need to join high paying affiliate programs. This master list has more than 500+ affiliate programs to choose from. It covers almost all niches such as faith, personal finance, blogging, personal development, parenting, fashion and so on.
The biggest people make is promoting the wrong product which means 0 conversations. This master list will help you find the right product for you to promote, one that resonates with your audience. It also comes with a free tracking spreadsheet that helps you to keep track of all the affiliate programs you have joined avoiding any confusion.
6. Write and Sell an eBook
This is one of the most profitable passive income ideas. You can have one eBook that will sell over and over again bring in money day after day. There are so many topics you can write on such as gardening, blogging tips, potty training, the list is endless. The key to a having a successful Ebook is focusing on topics that have the potential to attract customers.
The beauty of Ebooks is that you don’t have to worry yourself with things like packing, postage, and delivery because it’s a digital product. You can use platforms such as SendOwl, Gumroad, Amazon Kindle, Nook Press to sell your eBooks.
Wondering where to start? Check out Ebook by Number a course by Suzi from startamomblog. I love Suzi because she teaches from experience, she has so many successful Ebooks you can be sure you are learning from the best. You will get to learn how to come up with the perfect eBook idea, how to have a successful launch and have ongoing sales and much more.
7. Sell on Amazon
Amazon is the biggest online retailer and almost everyone shops from there. The potential to have passive income is huge. In the recent years Amazon FBA has become a thing and many people have great results from it. Amazon FBA is a service by Amazon that gives sellers more flexibility. It provides storage, packaging, and shipping facilities, significantly reducing the seller’s work.
Interested in trying out selling out on Amazon as your side hustle read this epic post on How to Sell on Amazon- a Beginners Guide for Getting Started.
To get started checking out this free 7-day email course on how to start selling on Amazon. This free course is by Jessica from the selling family who makes a full time living selling on Amazon and she spills all the best tips she has learned over the years. Her and the husband made almost $100,000 in their first of Amazon FBA which has continued to grow. There is no better place to start than with their free 7 day email course.
8. Create an online course
Creating and selling an online course is another way you can be able to make passive income. It’s not as complicated as it sounds. In your course, you can include an eBook, videos, and spreadsheets.
You can sell through Teachable, Udemy, and Skillshare. What I love most about eBooks and online course is that you can also create an affiliate program for them and let other people do the selling for you.
Click here to learn more about starting a creating a
9. Freelance writing
Freelance writing is another one of my favorite passive income ideas because the potential to generate income is limitless. It all depends on the amount of hard work you put in. The more you write the better you get. I know of bloggers who do freelance writing as a part-time side hustle and they don’t charge anything less than $600 per article.
As a beginner, you pay ranges anywhere between $50-$250 per article. That will depend on the topic and the length of your article. If you love creating content or you think it’s something you can learn why not give it a trial. Am sure you will love it. There are so many places you can get freelance writing gigs such as Upwork.
10. Cashback with Rakuten ( Formely known as Ebates)
Do you love shopping online? Why not get paid for it. Rakuten is one of the biggest free cashback programs that allows you to earn money back for all your shopping. You get $10 FREE when you sign up. It’s home to so many popular retailers and brands such as target, Kohls and Amazon. The best part is that they normally have discounts, deals and promo codes that allow you to get things at a cheaper price than you would if you bought directly from retail stores.
Sign up here for free and get $10 . You can earn commissions when you refer your friends and family to the Rakuten website.
I hope these 10 passive income ideas gave you an idea on which side hustle to try. Any of these passive income ideas will work if you put in the work. As you have seen they are all flexible, you get to work on your own hours. Everything takes time, be patience as you grow your side hustle.
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