Various ways to make a passive income
Hello business friends,
I've put together some ways to make some passive income. These ideas are up to you to be considered if needed. Passive income is one way to get involved without having to do any daily work. It's sorta like setting it up and collect the profits. So, if you are new to affiliate marketing, you can do this on the side, while concentrating more on your daily goals.
Let's begin:
Various ways to make a passive income (10):
1) Get people to join W.A. and collect on paid members
2) Sell your photography to Shutterstock.com and collect royalties
3) Upload your product designs to Redbubble.com and live off the royalties
4) Buy and hold long-term stocks that are good.
5) Write E-books and sell them on Amazon
6) Look for stocks that pay a nice return on dividends.
7) Own as much vending machines as you can
8) If you are familiar with Apps, you can buy profitable ones on Flippa.com
9) If you’re good with graphic templates, start selling them.
10) Turn your spare room(s) into rental income or just fix bad houses and get real estate rental income.
As I was looking at this list, I was thinking that anyone could blend some of these passive income ways into their own website. For example: You could blog and upload your own E-books to your website to keep all your earnings instead of using Amazon. Or you could set-up a photo website where you sell them yourself instead of having to make a deal with Shutterstock.
Now you might ask, why would you want to do it by yourself? Well, if you can make a wave with blogging and get ranked on Google, why wouldn't you want to do it?
If you have any success with selling your "own work" as you blog, please share them here. It would be interesting to know. Thanks!
John
Recent Comments
47
Thank you, John.
It is my responsibility as a sincere
and caring human being to share
what I do have to be able to benefit
those who are willing to have an
open mind... only when they choose
to and decide to.
Otherwise, I do not push, force or
convince anyone. Until one has
experienced it, no one should reject
it especially if they have not even
seen it but most people do not have
the dreams let alone the vision.
Furthermore, they let their past and
long time bad experience to determine
their future and so they remained in the
dark and stay where they are and not
progressing in any way.
Having the broke mentality and poor
thinking keep them broke for the rest
of their lives.
We are always and I mean always
surrounded by opportunities and most
people could not see beyond where
they are right now.
Even if you wanted to help them, they
are not willing to be helped and so you
cannot really do anything with these
kinds of people.
You really have some great ideas here
and hopefully, these would not fall on
deaf ears.
And as for me, I would continue to share
and those who have ears will listen and
those who have eyes will see.
Thank you so much, John.
Blessings.
I agree friend. No one should be forced to do anything in life. Using force in any which way, is detrimental to the human mind. Unfortunately, there are people out there that feel compelled to use force to control people in however which way they want. These people are terrible and should be avoided forever.
The ideas which I've listed here are the common ones. There so many others other out there. You just have to find the ones that interests you the most.
Thanks for commenting. All the best!
These are great ideas!
I was just adding to the overall value of my dividend portfolio today. I do this monthly.
Another to add would be sharing services such as room sharing ex. Air BNB, Car sharing ex. Turo, and pool sharing ex. Swimly
Those are great passive incomes friend. I also have some dividend portfolio with minimum risks which I invest on a monthly basis. I appreciate you sharing your ideas on this. Thanks for commenting. All the best!
That's great to know friend. Some companies let you upload pictures to them and you collect royalties on them when people buy the pics. If you're selling them directly to a company, you will no longer own them and will lose out on the royalties.
If you sell them on your own website, then will you collect the whole amount. It's you choice on how you want to proceed in doing this. Either way, you're still making a side income. The opportunity is there.
I appreciate you sharing your plan on this. Thanks for the comment. All the best!
You're welcome friend. Passive income can be a good side income while we focus on our websites. Thanks for commenting. All the best!
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Thank you John again. Passive income is a great idea, I just learned about something simple, isn't simple great? I learned about something simple and easy a week ago, so my brain's been thinking on it, while going to Sedona, Arizona last weekend, and am going to give it a go!
I'll tell you later what it is, and more info on how it's going. I am an artist, so it will work my graphic eye!
Best to you my friend!
Suzay
Thanks for commenting friend. A artist? That will come handy. You're all about vision. Please be safe out there. Let me know how it goes. All the best!