There many, many ways to begin making passive income. In this article, I will show you 3 of the best strategies which I’ve used myself to make recurring, passive income online.
Note: Passive income is not all that the name implies. It does take some hard work from the beginning to begin generating a steady stream of income. Without further ado, let’s get to the strategies.
Strategy #1: Selling Products on TeeSpring
TeeSpring is an outfitter marketplace that lets you upload your own designs, use their products to place them on, and then sell those products online. I know! it’s awesome! There are many products to choose from including T-Shirts, Home Decor, Phone Cases, and socks. All you have to do is create an account, load some designs with canva.com
Alternatively, you could go the route I went, and buy bulk T-Shirt designs from a professional Graphic Designer. I’ve found that these T-Shirts sell WAY more than from trying your own hand at designing. It costs a bit of a change, but it’s up to you decide if you want to go that route.
Here is the person I pay to design my T-Shirts. Fiverr Graphic Designer
Strategy #2: Paid Courses on Udemy
Udemy is an online learning platform (short for University Academy) where anyone can pay for a course in thousands of different subjects.
This is a perfect passive income stream. All you have to do is create an account, and be knowledgeable in something. It can be anything useful, such as selling books, how to use gmail, or anything under the moon. Everyone is knowledgeable about something, and creating a course on it can land you some real numbers. The best part of it is, once you make it, the course sits there and can gather sales with Udemy’s high traffic numbers, with little to not promotion. I make around $50 a month doing this with several courses, and I’ve seen others make much more.
Strategy #3: Sell E-books
Using Amazon Kindle Direct publishing is a great way to generate some passive income. Whether the books are non-fiction or fiction, they stand to earn you real money quickly. All you have to do is brainstorm an E-book idea and use Designrr to help you with book design, formatting, and creation. This book can be on anything, you just have to be semi-knowledgeable about the subject. E-books can generate some serious capital, especially when links to your books are shared in the description of your Youtube Videos. Alternatively, you can choose not to use Designrr, and go straight to Amazon Kindle Direct Publishing. and design the book/cover/formatting yourself (Designrr does all of this seconds) Alternatively, you can hire a freelancer to format/edit/cover design your e-book from Fiverr.com. This is a good route to take if you plan on trying to sell your books across multiple markets, including bookstores/libraries. I personally use Designrr, but before I found it, I used several freelancers on Fiverr. Here are the freelancers I would hire today.
And there you have it, three top-notch ways to begin generating some passive income to put cash in your wallet. I hope this article has been helpful, and I wish you success in your goal to a more fluid financial future.
Sincerely,
Your Money Makers
https://yourmoneymakers.design.blog/
EARNINGS DISCLAIMER
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Your Money Makers 