10 Best Online Passive Income Ideas

Top 10 Passive Income Ideas Online
Top 10 Passive Income Ideas Online

There are several ways to Make money online. But all of them are not passive. You will need to work regularly to earn money with freelancing, graphic design, or other online work. And in the previous articles, we talked about some passive income ideas to help you earn money even while you sleep. For some ideas, he was asked to invest money and for others, he had to work hard to generate a proper income stream.
But in this article, you will learn the top 10 passive income online ideas to make money that you won’t need to put down a lot of money or work hard. Very easy, simple and lucrative.Top 0 Online Passive Income Ideas To Earn Money While You Sleep

Earning money while you sleep is not as difficult as you think. You can easily build multiple streams of passive income if you have investments and some business skills. Initially, you will be asked to have some money to invest, which you can get with these side hustle to make money. Once you’ve saved enough money, you can invest in a small business to start earning passively. here are some successful online business ideas that you can start if you are a beginner.

1- Archive photos and videos

Every content creator needs photos and videos for their content. The images you see in my blog posts have been obtained from different sites that allow me to use these images and videos. I do the same for all my websites. Because I don’t have time to capture all the photos and videos by myself.
So if you have some photography skills and can take stunning photos and videos, you can earn passive income by joining platforms like Shutterstock and iStock.
You will have to make videos only once. And you will be paid for life as your downloads grow.

Related reading:

23 business ideas for teenagers

2- YouTube channel

Youtube is one of the easiest passive income ideas to make money online. You don’t need to have technical skills to be a YouTuber. It’s very simple. Just start creating videos in a specific niche and monetize your videos with Google AdSense, sponsorships, affiliate marketing, or by selling your own products.

Some popular YouTube niches:

  • Music
  • Gaming
  • Prescriptions
  • Entertainment
  • Learning
  • vlogging

3- Create Courses

If you have knowledge and experience in a particular field, you can create a video course and sell your copies to generate passive income. To make a million, you’ll need to sell 10,000 copies of a course worth $100. And getting 10,000 students on Udemy and Skillshare is not that hard.

Related reading:

15 ways to make money without a job

4- Affiliate Marketing

Affiliate marketing is passive only when you have created a base audience. And you can do that by creating different niche blogs and social media accounts. In affiliate marketing, you will have to digitally market other companies’ products and help them get customers. With affiliate marketing, you can easily earn 5-10% commission.

Start an affiliate marketing business step by step

5- Subscription based apps

Subscription-based apps are those that charge you to provide their services on a monthly or yearly basis. These apps can be like lockers, VPN, learning apps, photo video editors or dating apps. You can build that app yourself or you can hire someone to do the coding. It is a one-time investment and a source of income for life.

6- Audiobooks

Many people prefer an audio book to a traditional book. Because it’s kind of convenient. You can listen to the book wherever you are. that is why the audiobook industry is growing rapidly. You too can earn money by publishing your audiobook online.

Related reading:

17 ideas to earn money at home

7- Websites

There are different types of websites and each one works differently. but if you want make passive income through websites, you will have to create a platform that does not need to be updated periodically. And some tool websites can do this job perfectly. You may have used some online audio converters, translators, text to speech, analytics, or other tools. All of them are created on a server with some coding. And you won’t be required to update them regularly.

If you can’t code a website yourself, you can buy one from Codecanyon.

8- Make niche blogs

Creating niche blogs is another one of the best online passive income ideas. You can write posts on them yourself or you can hire other writers if you have money. Later, you can link your blog to Google advertising or do affiliate marketing to generate passive income.

Since there is too much competition in this field, you have to choose less competitive niches to be successful. You can also use social networks like pinterest and Facebook to drive traffic to their blogs.

If you are self-employed, a blog will cost you up to $100. And if you hire someone to write for you, it can cost up to $1,000. Earnings depend on how many people read your blog posts. And there are several other factors like CPC, CTR, and RPM.

9- Forex trading

Forex trading is passive, lucrative but also difficult. Experience and money are required to start. In forex trading, the risk rate is quite higher than in other businesses. Therefore, it is not recommended to enter this field without having enough experience and knowledge.

But if you want to learn, you can create a demo account with a legitimate online broker. You can google it to find out which is the best online broker in your country.

10- Subcontracted freelance work

I know some guys who make about $10000 a month as freelancers. And they are not doing all the work themselves. They hire other skilled workers to complete a specific task. Whether it’s copywriting, SEO services, graphic design, or web development. And they’re running a full independent business.

Platforms you can join to start a freelance business:

  • five
  • up work
  • Freelancer
  • people per hour
  • Toptal

Related reading:

9 realistic ways to make money online

Top 10 Online Passive Income Ideas To Earn Money While You Sleep
Top 10 Online Passive Income Ideas To Earn Money While You Sleep

These are the 10 online passive income ideas to earn money

  • 1- Archive photos and videos
  • 2- Youtube
  • 3- Courses
  • 4- Affiliate Marketing
  • 5- Subscription based apps
  • 6- Audiobooks
  • 7- Websites
  • 8- Make niche blogs
  • 9- Forex trading
  • 10- Subcontracted freelance work

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