Just a few short years ago, making money without having to do actual work was impossible, unless you’re filthy rich or exceptionally smart. But today, earning passive income while you spend more time taking care of your kids or traveling around the globe with your significant other has become a reality for many people. Is this possible for you as well? You bet.
Here are some of the ways you can earn passive income online:
Maintain a blog
There are many benefits to starting and maintaining a blog. It’s a place where you can talk about something that interests you and where you can connect with like-minded individuals and learn from each other. A blog can also be a place where you can share your expertise and provide valuable advice to your readers.
When your blog generates enough traffic or receives a lot of visitors, you can make money from advertising. Driving traffic to your site, building a following, and growing your following all take hard work. If you don’t have the time to regularly churn out content or to respond to comments and questions, you can hire an SEO service provider or outsource these tasks.
Write and sell an eBook
Writing an eBook is not as difficult as it used to be. After all, you don’t even need to write it yourself. Sites such as UpWork will get you in touch with writers who can write the eBook for you. All you need to do is provide details that include the subject or the title of the eBook, the type of images you want the writer to include, the desired word count, and the target completion date. Once the eBook is completed to your liking, convert it to a PDF file and start selling it on your website.
Sell your eBook on Kindle
If you don’t have a website (and even if you do), your other option is to sell your eBook on Kindle, the Amazon-owned e-reader device where you can buy and download books on a wide range of subjects.
Selling your book on Kindle is an effective way of delivering your product since customers go to the platform for the purpose of finding and buying books. The best part? Amazon does all the marketing, payment processing, as well as delivering the product. Oh, and signing up is free of charge.
Create and sell an app
The fact that a majority of people browse the internet on their mobile devices has made apps very useful and extremely popular. If you’ve ever had an idea about an app that can help others either by simplifying a process or making certain information readily available, it may be time to cash in on that intellectual creation by selling it on Google’s Play Store.
All you need to do is sign up and pay a fee of $30 and you can start selling your app in just a few short hours. Don’t worry if you don’t have the technical knowledge required in building an app, there’s an app you can use for that. Of course, you can also outsource the project.
Earning passive income is easier than ever so don’t waste another minute. Get your brain juices flowing and start making money!