Passive income is such income that does not depend on the regular activity of a person. by the most simple example there may be a deposit in a bank: it consistently brings interest to its owner. Regardless of the age of the depositor, the presence of illness or the desire to go to work, interest will be accrued to him.
Active income is completely dependent on the actions of a person. To receive it, you need to engage in any activity: produce goods, sell them, provide services, extract minerals and much more.
Revealing the concept of stable passive income, do not forget about the risks. On the example of a deposit, the following risks for depositors can be distinguished:
- currency depreciation;
- bank failure;
- force majeure circumstances.
There are also a number of inconveniences: interest is charged after the end certain period time (for example, once a month), and the invested money cannot be used until the end of the deposit period.
Therefore, before creating a passive source of income, it is necessary to take into account all possible risks of activity.
Proven Ways to Generate Passive Income
Before you create passive income from scratch, it is recommended that you familiarize yourself with existing ways such passive income. This will help you see all the advantages and disadvantages of the main options for passive sources of income. The article will consider effective and proven sources of passive income. They can be used as the basis for building your business.
It should be borne in mind that, having a certain amount of funds, it is somewhat easier to build a source of stable passive income. Having no money to realize your dreams, you will have to spend own time and strength.
Registration of business and delegation of authority
This is the most effective way to earn passive income. It has a minimum of shortcomings with the competent organization of the case. To create it, you will need the following:
- organization of the enterprise;
- business development;
- access to a stable income level;
- selection of a candidate for the position of manager;
- making a profit from minimal cost time to control key documentation and make important decisions.
Of course, there are risks here as well. Among them, the main one stands out: the responsibility and decency of the manager. The further success of the company or organization will depend on his daily decisions. To select a suitable candidate, they most often resort to proven personnel who have worked at the enterprise for a long time.
It is not easy to create and develop a business. This requires a lot of time, money and skills. However, there are many situations when a skillfully chosen niche for doing business allows you to quickly develop it.
What you need to start your own business:
- business plan;
- start-up capital (in most cases);
- official registration;
- rental of premises;
- hiring employees (if required).
Any enterprise bears risks for the entrepreneur. No one can be sure that the activity will generally generate income, and not losses. Therefore, you need to weigh everything correctly before creating your business. If everything is done correctly, the entrepreneur will have success and the opportunity to receive passive income.
Selling your intellectual property
This option is suitable for those who have knowledge and skills in certain sciences or specialties. How to create passive income from scratch, being able to create in-demand information products? They need to be implemented.
What can be classified as intellectual property:
- artistic, literary and scientific works;
- created unique industrial designs;
- developed software;
- invented objects or technologies in all branches of life.
As can be seen from the list, intellectual property can be in any field of human activity. Both a written book and a unique invention that helps to increase the productivity of equipment, for example, can bring passive profit. In order for the property to be individual, it must be documented. For this, patents are issued and copyrights are assigned. Owning them, you can make a profit from the sale of your goods / services.
The simplest example for considering a profit option would be a written book. The author of the book will sell copies of books on his own or through an agreement with a publishing company. The owner of the rights will receive a profit from each book sold. If it is in demand, it makes a profit. If it is in demand for a long time, it brings profit for a long time.
This doesn't just apply to books. Increasingly, they are resorting to creating various programs on PC or mobile devices. One completed project can generate passive income until another, cheaper or more useful, comes on sale.
Accordingly, in order to create such a source of income, a person needs:
- invent / create something unique and in demand for society;
- confirm their rights to the invention;
- realize the product of their activity.
Disadvantages: it takes a lot of work to create unique works/equipment/technologies; the property may be unclaimed and will not bring tangible profits.
Building your own trading network
Such a network is able to provide its owner with a constant passive income. All actions will be performed by network members, and its creator will receive ever-increasing profits. For this you need the following:
- create your own unique goods(less often services are provided);
- formalize the enterprise for the production and sale or cooperate with the manufacturer;
- to interest those wishing to become members of the network;
- sell them to other network members;
- form the price of the goods in such a way that part of the profit goes to the owner of the network, and part - to the seller of the goods.
Anyone who wants to earn money in such a network should sell these goods. The more he sells, the more he earns. master key to success - these are high-quality and sought-after goods at competitive prices. It can be anything from cosmetics to food, medical products or unique services.
The main difference from most network marketing companies should be the following:
- providing guarantees to all network participants;
- use only safe products;
- availability of contacts for communication with the management and all comprehensive information about the activities of the organization.
These factors will increase sales and employee engagement.
Many have always dreamed of having passive income on the Internet without investments with the withdrawal of money. Today thanks to global network there are many more opportunities to realize such a dream. The main thing is not to rely on free money. To get passive income without investments with daily payments, you must meet the following requirements:
- the presence of primary investments, that is, start-up capital;
- continuous self-education and study of trends in the chosen field;
- independent work at the first stages of investment.
How to have passive income and where to start?
Passive income on a computer is a constant profit on "autopilot" without your participation and active actions. AT classical understanding, "liability" - this is income from existing bank deposits, shares and investments.
I note that making money on the Internet is very controversial. Many who got burned on similar topic They argue that it is impossible to receive passive income on the Internet. But most of them just fell for advertising companies, which promise foreign interest dividends without serious investment. This is usually done by scammers who lure a certain amount of money into intoxicated customers. In fact, without serious investments in proven industries and a commercial streak, it is almost impossible to get a "passive". How to organize passive income?
Watch the passive income video from millionaire Robert Kiyosaki:
What are the types of passive income?
Today we can distinguish the following ways of passive income on the Internet:
- Invest a large amount of money in your chosen business area and earn income through automation, making money with someone else's hands.
- Creating passive income from scratch on your own without large investments, but this method requires a lot of effort. At the same time, few are able to give everything to the fullest and stop working until the first profit is received.
What are the options for passive income? How to invest money wisely? Types of passive income in Russia on the Internet will delight you with their diversity. I will talk about the most popular and proven methods.
Passive income ranking top 10
Let's take a look at the top 10 ready-made examples passive income, from which you can identify the most promising options for yourself.
Create a blog
This type of earnings does not require large financial investments, but it requires investments of free time. At the same time, creating a blog is not possible without creative resourcefulness. In order not to invest in your own website, you can start a blog on third-party specialized resources. earnings in this case you get from the advertisements of your hosted blog. If you have a sufficient amount of free time, then you can purchase a ready-made blog that brings a stable income. To do this, there are special resources on which sellers post their blogs.
You can also purchase a ready-made online store with automated work. Very often, such stores act as intermediaries between the seller and the buyer. Therefore, there is no need to pre-purchase the goods.
YouTube channel
Video blogging on YouTube is a new type of passive income that is gaining more and more popularity. You can earn income from official advertising from Google, affiliate programs, cooperation with famous brands, media networks.
Earnings on subscribers in social networks
When promoting a public on Vkontakte, Instagram, Odnoklassniki and collecting a large number subscribers, they can be easily monetized through advertising, CPA networks, affiliate programs.
Earning income from intellectual property
This type of income also requires a large investment of money or time. If you creative person having free time, you can try to create an intellectual product yourself.
If you have sufficient capital, it is possible to acquire copyrights for intellectual property. Then, by advertising it, we receive passive income from its use by third parties.
Where to invest money for passive income?
Examples of investment portfolios
There are many investment opportunities online. Many of them are fraudulent. Therefore, the choice of investment object must be taken seriously. You can invest in stocks, government bonds or cryptocurrencies. Investments in cryptocurrency are the most promising for experienced investors. If you don't have time to study current trends, you can invest in a trusted trader who will take your assets into circulation.
Internet business
On the telderi.ru website, you can buy a ready-made Internet business with passive income from 1000 rubles. up to 2 million rubles.
There are a lot of options for business projects on the Internet. At the same time, such a business does not always require the intervention of an investor; modern algorithms for automating Internet business allow you to receive passive income by hiring managers. Starting a business from scratch is risky, but you have a great opportunity to buy finished project on the site exchange telderi.ru. Here you can find online magazines, online stores, blogs that already bring a steady income.
Startup projects
Investing in startups is a great opportunity to support young geniuses and share the income from their creative business ideas with them. Despite the existing share of risk, if successful, the investor will be able to recoup his investment with interest and receive a stable passive income without putting any effort into it. You can find passive income investment projects on the startup exchanges napartner.ru. Here you can filter proposals by the size of investments, the payback period of investments and the conditions for paying out profits, and familiarize yourself with the proposed business plan.
Partnership programs
The essence of the affiliate program is to attract customers to advertisers. This happens with the help of a referral link, which can be placed on your website, blog or on third-party resources using advertising.
mutual funds
Mutual funds are a promising and highly liquid tool for obtaining liabilities for those who have their own savings. Mutual funds allow you to receive income from 10 to 50% per annum and enter the stock market without having much experience in trading. When you buy a share, you entrust your savings to competent portfolio managers who, with the help of their knowledge, multiply the capital entrusted to them.
Internet traffic trading
Selling traffic - great way earn without special efforts. The essence of this income is that you buy cheap traffic and resell it for more high price on the exchange or redirect to selling pages, affiliate programs, CPA networks, receiving payment for clicks, registrations, sales. You can get cheap traffic using SEO, teaser networks, context, targeted advertising in social networks.
In order to sell something you don’t need, you first need to buy something you don’t need, and you don’t have money. Passive income implies a profit from previously invested assets. Here, assets are considered not only cash, but also your various opportunities that will allow you to receive passive income without money. What are these passive income business ideas? Read on.
You need to understand that in order to create passive sources of income with a constant and stable profit, you need to work hard enough, think, and actively invest in a business. However, in any case, a properly built passive profit scheme will “beat off” all previously invested funds.
Financial investment is the best passive income
Financial investment as a passive business became known immediately after the advent of money. Now, this type of passive business does not lose popularity, and is at the top of any list of passive income business ideas. This type of business is simple - invest money and make a profit. However, this simplicity also brings with it disadvantages - financial investments are a highly risky type of business, in addition to risks, passive income directly depends on the invested funds and their amount, so $ 10 will not bring $ 1000 in a month (unless, of course, you want to get an honest and stable income).
Among all possible ways we allocate investments - investing in PAMM accounts. It's pretty new way investments with stable high interest profit from invested funds from 20% to 90% and minimal risks with a competent approach. You can read more details in a special article.
But, nevertheless, the author's development can cost money and bring passive income. It's not about creating a musical hit, a movie or something similar. Although, if you know how ... It will be about copyright on computer program, information business or photography.
Computer program. If you have programming skills, know how to build algorithms and solve other extensive problems, you can write useful program, which other users will purchase for money, the more popularity your program has, the more passive income you will receive. We recommend that you pay attention to the creation of programs and games for popular mobile operating systems - Android, iOS, Windows. Programs and games for these platforms have extensive monetization opportunities - from buying the program itself to built-in mobile advertising. As the popularity of your mobile application grows, you will receive a stable source of passive income.
Information business. This is much easier than the previous method. You just need to apply your field of knowledge in the right and the right direction. How it works? If you have knowledge, then you can easily sell it in the form of consultations, informational assistance and courses. You can sell them in an offline business, which denies passivity - you need to travel, answer calls, and so on. Or you can create your own information channel - paid periodic mailings, webinars, participation in information sales platforms. With a good combination of circumstances and the right approach, once the created material can be sold indefinitely, maintaining its relevance.
Read also:
Photo. Possessing the talent of photography or not, but having learned, you can sell copyright photographs many times through special exchanges. These can be thematic photos - look at photobanks with wallpapers for your desktop, event - news and so on, and spontaneous - natural events.
Many news projects, publishers and other writers are willing to pay for good photo that will accompany their material.
The content of the article:
What is passive income
According to Wikipedia, passive income is earnings that do not depend on daily activities. But this is not a complete definition.
Passive income is the income you receive even when you are not working. The simplest example is renting out an apartment. You can work at your main job, but receive passive income from your property.
However, there are a lot of types and sources for obtaining passive income, and their essence is to create passive income from scratch.
You need to understand that in order to receive a constant income and do nothing, at first you will have to work hard.
But 6-18 months of work can provide you with stable profits on long years forward, even when you are no longer working.
The difference between passive and active income
Principle active work: did the job - got paid. He wanted more money - he did another job. For example the driver UBER, he gets money as long as he takes people. If he stops driving, he will stop earning.
The principle of passive income: created a source of income once - you get a profit on an ongoing basis.
Passive income is the dream of any normal person.
There are so many ideas for generating passive income that we will break them down by type and try to understand how much profit each option can bring.
Sources of passive income
What can bring us profit? An asset that we will create or buy. Most sources of passive income require some investment, and absolutely all assets require some initial effort.
Let's start with options for creating passive income from scratch, without investment.
Passive income without investments. Creation of intellectual property
There are a great many ways to get passive income here, and each of the options will be of interest to a certain circle of people.
1. Book, text material
Once you write a book, you can sell it for years. It is not necessary to write novels or detective stories, educational books are also in great demand.
There are many services for aspiring writers, such as writing a book online. You will receive instant feedback, and if your idea is successful, a publishing contract will be signed with you immediately.
An e-book can bring $100-200 per month, but the greater the interest, the greater the profits.
Do you think no one does it? Mike Piper wrote a book Investments plain language ” and started selling it on . The interest was so high that he went on and wrote a whole series of books. Now they bring him six figures.
2. Sale of author's photos
Special services called microstocks allow you to buy and sell unique photos and images ( created in graphic editors like Adobe Photoshop, Adobe Illustrator…).
If you like taking photos, editing images, creating interesting pictures in Photoshop, you can earn decent money just by selling your images.
The bottom line is that you put up for sale your photos, but the buyer does not redeem it, but simply buys the opportunity to download it in highest quality. Thus, one photo can be sold an infinite number of times.
- The buyers are magazines, blogs, advertising agencies, designers and other businesses that need images.
We will give an example of one of our familiar designers. Six years ago he drew icons, pictograms and other web elements. He did this for 3 months. All of his work is up for sale on Shutterstock. In the first months, he got into the tops and earned about $1000 per month.
For next years his earnings fell steadily, but Last year (sixth) his profit is stable at the level $100 per month. This is despite the fact that for 6 years he has not added new images for sale. Since it is Shutterstock's policy not to reveal the designer's earnings, we will not reveal the identity of the creator.
The most famous and profitable microstocks in the world:
- Shutterstock (This is the leader among microstocks in the world, everyone is here)
- Fotolia (All Russia and the CIS are here, the microstock belongs to Adobe)
- DepositPhotos (The largest microstock with good sales)
Videos on Youtube
This type of passive income on the Internet brings a lot of money: for example, a Youtube channel Mister Max who makes videos about children earns his owner 2-7 thousand dollars a day.
To create passive income from video clips, you need to create a series of useful and always relevant videos. It can be instructions like “How to make…”, “How to cook…” that people will find and look through in the long run.
You can connect Google contextual advertising to each video, plus YouTube itself will pay you for every 1000 views.
3. Online courses and master classes
If you know something that others do not know, then you can start a series of training courses. The format of the master class can be different: a video, an audiobook, instructions on the site, an offline school. It is important that your students are satisfied with the quality of the material and receive new knowledge.
On video lessons, you can earn 20-50 or more dollars daily. For example, guitar courses and other courses are very popular. musical instruments, drawing lessons, foreign languages and others. More highly specialized knowledge can be sold more expensively. For example, trading rates on the NYSE can cost from $500 .
4. Music
On texts, photos and videos, creativity that brings passive income is not limited.
Music is interesting direction, which is also not suitable for every user. To create music tracks, it is enough to learn how to work with programs like Fruity Loop or Adobe Audition Steinberg Cubase and etc.
All presentations, sales, videos… are accompanied by background music. These are the first buyers of your tracks, without them they simply cannot.
Just as microstocks sell images, they also sell audio. The most famous audiostock is AudioJungle.
Internet products
5. Site creation
Anyone can create their own website. Little money to spend on Domain name (in the zone.ru - from 150 rubles. in year) and a hosting that will display your site on the Internet ( from 900 rub. in year).
The main difficulty is finding interesting information that will really attract readers. It is not necessary to maintain a blog or a live journal, some resources are gaining popularity thanks to convenient tools: calculators compound interest, parsing currency quotes, a free SMS widget, an online translator and much more.
The average monthly earnings on the site varies from $50 to $1000, depending on the number of visitors, resource popularity, citation index, etc. It will take from 6 months to 3 years to promote the site.
Let's take a closer look at how you can make money on your own website.
6. Contextual advertising and banners
On almost all sites you can find ad units from Google and Yandex. Each click on them brings the site owner from 20 cents to several dollars. The more visitors you have, the more clicks on your ads.
If you add 1000 to the site useful articles and stop visiting it, you will continue to earn for many years to come, since your site will remain on the Internet and will work around the clock.
7. Perpetual Links
Many companies and just other sites order the purchase of links on other sites so that search engines see that many people are talking about their site, thereby increasing their ranking in search results. Customers buy paid reviews, laudatory articles or just posting a link anywhere.
Selling space on the site for such reviews can bring the owner 100-300$ per month. However, for this, your site must have a lot of visitors and good search engine rankings. This way of earning is suitable for a site that is more than a year or two old, however, it will be an additional source of income that does not require special efforts from you.
8. SMM and social networks
Another way to make money available to everyone: maintaining a group in social networks. networks. To create your own public, just register on the site and go through a simple procedure.
This is where content comes first. Finding interesting unique information is difficult: be prepared for brazen theft of your content. But if you attract 100 thousand subscribers, then the monthly earnings will be in the thousands of dollars.
At in large numbers subscribers, advertisers themselves will find you daily. For example, well-known bloggers have an advertising post on Instagram worth from 500 000 rubles. Even if you have about 30 thousand subscribers, you can already sell ads through special services.
Where to invest for passive income
9. Renting out property
Everything seems simple here: we buy a house or an apartment, put it on Airbnb or Booking, rent and make a profit.
Such passive income from each premises can bring 5000-30000 rubles per month and cover utility bills.
More profitable ways to generate passive income from real estate are renting out garages and commercial real estate. A garage costs 5-6 times cheaper than an apartment, while the cost of rent is only 2-3 times lower.
That is, instead of one apartment, it is more profitable to rent 5 garages.
But the apartment is different. If you have a whole package of services - linen, cleaning, internet, TV, a beautiful view, food, parking, and so on, then the cost here will be different. A lot of people own several properties like this, hire 1-2 people to maintain them, and get a decent passive income.
10. Leasing equipment, car, other asset
By analogy with real estate, here are possible different variants earnings. If you have unused property that can be rented out, consider making a profit from it. After all, when a thing lies dead weight - it is a liability, if you receive income from its existence, it turns into an asset.
- It could be a jet ski PlayStation or xbox, car or other equipment.
Thus, by investing in items that can be rented, you can recoup and then receive a net passive income.
11. Trust management
Trust management on financial markets This is one of the most profitable types of passive income. can bring on average from 60 to 120% per annum in passive mode.
Many brokers offer trust management in the form of investment funds, PAMM accounts, copying transactions of managers.
12. Indices and ETFs
If you look at the charts of stock indexes, you will see that their returns are not great, but they always are. - these are shares of companies that buy shares from a basket of stock indices and their value dynamics is fully correlated with stock indices. When you buy one share of an ETF fund, you buy the entire basket of the index.
AT this moment ETFs are very popular in the US and Europe because they are portfolio investments that are highly protected from all sorts of risks.
In addition, there are industry ETFs, balanced and uncommon, such as Whiskey ETF, where stocks of whiskey producers are in the basket.
13. Building a Passive Income Business
This is a promising way to earn money, because it allows you to fully control investments. We do not mean an active business where you have to work yourself. You can organize or buy a company with an established work structure, with a director and his deputies.
If you turn to the Internet, then there are even more examples. You can hire developers and create some kind of automatic service, program or service, which will then bring you a stable passive income.
Now such types are services for checking the uniqueness of texts, analyzing sites, collecting data, creating presentations, logos, etc.
Other types of passive income
14. Benefits and government programs
Consult with a lawyer: you may be eligible to participate in state program support. A nationwide youth housing loan project could make it easier to buy an apartment. BUT maternal capital and a family support program will help support children.
Find out if you are entitled to a benefit from the state, you just need to apply for it?
15. Create passive income from your main job
Many people do not notice the advantages in their work, they get used to it and it seems to them that no one appreciates it.
A striking comparison is the artists. Here they will draw a cat and everyone will say - wow, how beautiful ... but the artist believes that there is nothing special, everyone can do it.
Perhaps your job can provide a lot of people with some kind of bonus, as if along the way to your main job. Maybe it will be Additional services or knowledge that would be useful to people.
If you work in the tax office, then your outside advice would be useful to many. If you are a chef, then many people would benefit from your advice on recipes that you can sell - write a column on the site, publish a book or blog ... And so on.
Make money doing what you would do anyway. For example, if you like to play games, then you can also earn money on this. In addition to tournaments, there are many games where they sell characters, items ... that you can earn in the game, and sell it for real money.
As you can see, there are many ways to earn extra money. But they are always associated with the use of existing resources or the creation of a new product.. Before you organize a new source of passive income, ask yourself a couple of questions:
- What is your soul for? Do you like taking pictures, writing, making videos? Perhaps you have a craving for financial sector, to mathematical calculations? Are you an enterprising person? The answers to these questions will determine the area in which you should develop.
- Do you have capital to invest? Free resources will greatly facilitate the search for sources of passive income.
The choice of a source of passive income ultimately depends only on you, do not shift this responsibility to others. By all known ways, you can come up with something of your own, and this will be an even better option.
And finally, a couple of tips:
- Diversify your sources of income. Try to create as many assets as possible that will bring you profit. So you protect yourself from crises and force majeure.
- And shield best options passive income, don't stop there. If you have found a stable, highly profitable instrument, transfer part of the funds from a bank deposit to this source. Thus, you will increase the profitability and efficiency of the entire portfolio of assets.
- Raise financial literacy . Learn more about investment programs, working conditions of companies, don't be afraid to discover new sources, experiment with creating investment options.
- Don't spray. It is better to devote all your time to one source until you finish the job. Working on multiple projects is not prohibited, but it can affect the quality of each product individually.
Conclusion
Passive income is the key to a good life. We have listed a dozen ways to create own source extra income, but the list goes on and on.
The fact that you have thought about the need for passive income already elevates you above most of the people around you. There are many ways for each of us to improve our financial condition but they need to be worked on. We wish you good luck in organizing sources of passive income and achieving financial independence.
Alexey Zenkov
When someone is looking for an opportunity to earn extra money, most often they are advised to find a temporary part-time job. But what if you don't have the time or energy to do so? In this case, you need to find ways to generate passive income - making money with little investment of time and effort on your part.
Try index funds
Index funds allow you to receive income from investments in the stock market absolutely passively. For example, if you invest in a fund based on the S&P 500 index, your funds will be invested in Common Market, and you do not have to think about how to manage your money and whether to sell or buy shares of certain companies. All these moments will be managed by the fund, which forms its investment portfolio depending on the state of a particular index.
You can also choose a fund that works with any index. There are funds that various industries business - energy, precious metals, banking, emerging markets and others. You only need to decide for yourself that you want to do it, then invest and relax. From now on, your stock portfolio will run on autopilot.
Make videos for YouTube
This area is developing very quickly. You can make videos of absolutely any category - music, educational, comedy, movie reviews - anything ... and then put it on YouTube. You can then connect Google AdSense to these videos and they will show automatic ads. When viewers click on this ad, you will earn money from Google AdSense.
Your main task is to create worthy videos, promote them in in social networks and maintain enough of them to secure an income from a few clips. Shooting and editing a video is not so easy, but after that you will receive a source of completely passive income that can last for a very long time.
Not sure if you can do it on YouTube? Michelle Phan has combined her love for makeup and art with making videos, has amassed over 8 million followers, and now has her own $800 million company.
Try affiliate marketing and start selling
This is a passive income technique more suitable for owners of blogs and active Internet sites. You can start promoting any products on your site and receive a fixed fee or a percentage of sales.
Making money in this way is not as difficult as you might think, because many companies are interested in selling their products in as much as possible. more places.
You can find partnership offers either by contacting manufacturers directly or on specialized sites. It is best if the advertised product or service is of interest to you or corresponds to the theme of the site.
Make your photos profitable on the web
Do you love taking pictures? If so, you might be able to turn it into a source of passive income. Photobanks, such as and, can provide you with a platform for selling pictures. You will receive a percentage or a flat rate for each photo sold to a website client.
In this case, each photo represents a separate source of income that can work again and again. All you have to do is create a portfolio, upload it to one or more platforms, and that's where your action will end. All technical issues of photo sales are handled through the web platform.
Buy high yield stocks
By creating a portfolio of high yield stocks, you will receive a source of regular passive income with an annual interest rate much higher than the percentage of bank deposits.
Do not forget that high-yielding stocks are still stocks, so there is always the possibility of capital revaluation. In this case, you will receive profit from two sources - from dividends and return on invested capital. To purchase such shares and fill out the relevant forms, you will need to create a brokerage account.
Write an ebook
Of course, this can be quite a laborious process, but when you write a book and publish it on trading floors, it will be able to provide you with income for years. You can sell the book on your own site or enter into a partnership agreement with other sites that are relevant to the subject of the book.
Write a real book and get royalties
As with writing e-book, first here you have to work hard. But when the work is finished and the book goes on sale, it will become a completely passive source of income.
This is especially true if you manage to sell the book to a publisher who will pay you royalties on sales. For each copy sold, you will receive a percentage, and if the book is popular, these percentages can result in substantial amounts. In addition, these payments can last for years.
Mike Piper of ObviousInvestor.com recently did this. He wrote the book Investment in Plain Language, which was only sold on Amazon. The first book became so profitable that he created an entire series. These books are in total.
Get cashback from credit card transactions
Many credit cards provide cashback in the amount of 1% to 5% of the purchase amount. You still go shopping and spend money, right?
Such bonuses allow you to provide yourself with a kind of passive “income” (in the form of reduced spending) from actions that you still perform.
Sell your own products online
In this area, the possibilities are endless: you can sell almost any product or service. It can be something you created and made by yourself, or it can be a digital product (software, DVDs or instructional videos)
For trading, you can use a specialized resource, if suddenly you do not have your own website or blog. In addition, you can enter into a partnership agreement by offering goods to sites of relevant subjects or using platforms like (American marketplace for the sale of digital information products - ed.).
You can learn how to sell goods on the Internet and earn quite a lot from it. It may not be completely passive income, but it is certainly more passive than a regular job that you have to go to every morning.
Invest in real estate
This method falls rather into the category of semi-passive income, since investments in real estate imply, according to at least, low level of activity. However, if you have a property that you are already renting out, the only thing left to do is to maintain its condition.
In addition, there are professional property managers who can manage your property for a fee of approximately 10% of the rent. Such professional managers help make the process of making a profit from such investments more passive, but at the same time take away part of it.
Another way to invest in real estate is to pay off a loan. If you take out a loan to buy a property that you will rent out, your tenants will pay off this debt a little each month. When the full amount is paid, your profits will increase dramatically, and your relatively small investment will turn into a full-fledged exit program from your main job.
Buy a blog
Thousands of blogs are created every year, and many of them are abandoned after a while. If you can acquire a blog with enough visitors - and therefore enough cash flow - it can be a great source of passive income.
Most blogs use Google AdSense, which pays once a month for ads placed on the site. To provide additional income you can also enter into partnership agreements. Both of these streams of profit will be yours if you own a blog.
From a financial standpoint, blogs typically sell for 24 times the monthly income the blog can generate. So if a site can make $250 a month, chances are you can buy it for $3,000. This means that by investing $3,000, you can receive $1,500 annually.
You may be able to buy the site for less money if the owner really wants to get rid of this asset. Some sites host "eternal" materials that will not lose their relevance and will generate income years after publication.
Bonus Tip: If you buy such a site and then fill it with fresh content, you will be able to increase your monthly income, and you will be able to sell the site again after some time for a significantly higher price than you gave away when you bought it.
Finally, instead of buying a blog, you can create your own. This is also a good way to earn money.
Create a selling website
If there is a product that you know a lot about, you can start selling it on the profile site. The methodology is the same as when selling a product of your own manufacture, except that you do not have to deal with the production itself.
After a while, you may find that you can add similar products. If this happens, the site will begin to generate significant profits.
If you can find a way to deliver goods directly from the manufacturer to the customer, you won't even have to get your hands dirty. It may not be 100% passive income, but it is very close to it.
Invest in Real Estate Investment Trusts (REITs)
Let's say you decide to invest in real estate, but don't want to pay attention and time to it at all. Investment trusts can help you with this. They are something like a fund that owns various projects in the field of real estate. The funds are managed by professionals, so you don't have to interfere with them at all.
One of the main advantages of investing in REIT trusts is that they usually bring higher dividends than stocks, bonds and bank deposits. You can also sell your interest in the trust at any time, which makes such assets more liquid than self-ownership real estate.
Become a passive business partner
Did you know successful company that needs capital to expand the business? If so, you can become something of a short-term angel and provide that capital. But instead of giving credit to the owner of the company, ask for a share of the shares. In this case, the owner of the company will manage the work of the company, while you will be a passive partner, also taking part in the business.
Every small business needs a referral source to support sales. Make a list of entrepreneurs whose services you use regularly and whom you can recommend for cooperation. Contact them and find out if they have a payment system for referrals.
You can add accountants you know, landscape designers, electricians, plumbers, carpet cleaners, you name it. Be prepared to recommend these people to your friends, family, and colleagues. You can earn commission on every referral just by talking to people.
Don't underestimate referral programs professional field. If the company you work for has bonuses for recommending new employees or new clients, take advantage of it. This is very easy money.
Rent out unused accommodations on Airbnb
You may ask: if there are so many applications, why should you try to create another one. Isn't there too much competition? All this is true, but fresh creative ideas can win. If you can come up with something unique, you can capitalize on it.
Don't know how to program? No problem, you can learn. There are a lot of different courses on the Internet, including free ones. Alternatively, you can hire a developer to create an application based on your idea.
The end result is an application that will potentially generate relatively passive income.
Create online courses
Every person is an expert in something. Why not create an online course about your hobby?
There are several ways to create and deliver your own online courses. One of the most simple ways is to use sites like
