In today life financial freedom is the most important goal of life. In a 9 to 5 job it’s impossible to get financial freedom, but only you can pay bills and needs. Without financial freedom, no one can enjoy life to the full extent. Depending on one source of income is too difficult of thinking about a happy life. In today online world, You can start earning passive income just with a computer and internet connection. Here, I will share 5 ways to earn passive income and to solve financial problems. Support family and live life to full. Its will need really hard work and energy, but later in the results, you will get a ton of rewards.
- Video content
Making video content for daily motion, Vimeo and YouTube you can generate a lot of money. These sites will place different kinds of ads on your content and you will get a portion of the ads income these sites receive from advertisers. Another way to earn money from videos is sponsorship. It can be with video views or fixed flat Rte. If you have a good amount of followers, Big brands and organization will approach you. you have a place and introduce their products in your videos and you will be get paid.
Flippa.com is a big market for buying and selling online businesses like blogs, websites, domain, apps, Shopify stores, etc. They a have a huge amount of visitors which increases your chances to get a good amount of passive income for any product you are dealing in. It’s actually an auctions site for digital assets. Here you earn money from purchasing the online business and can earn from selling own online business.
- Affiliate marketing
Its commission based program of big companies. You put and use the link, and if somebody buys from your provided link. You will receive some portion of the income from products sold through your link as a commission. Working on social media networks like Facebook, Instagram, Twitter, running a youtube channel, working on website or blog and put your generated affiliated link. If anyone buys from your provided link, you will be get paid every time. It’s easy and cheap because here you are not selling own product or services. With you are reviewing providing the chance to people and making easy for them to choose in the big market.
Giving a link about the equipment you use and books you read. similarly, unboxing the new camera and reviewing new lenses, computers hardware, TV sets, watches, etc and its affiliate links will increase your chances to earn more passive income. You will do it in products you know and use in life, you are able to speak about.
- Making a product
Making a product like writing a book, producing the music, making a course, etc and selling it online can generate enough passive income. Another option is, music, sound or beats, and streaming or selling it on Spotify, Deezer or iTunes, can return you a passive royalty income. Similarly, just write a book for once for amazon kindle and you will be paid for the people to read or use your book content. preparing a course, in what you are expert like communications skills, confidence, cooking, teaching study books, etc. selling this course on platforms like Udemy, Lynda and Skillshare websites. The more students attend your course, the more you will receive the passive income.
What you have to do in Drop-shipping, is to sell some third-party products for a large profit. You are acting like a middle man, placing different products on your blog, website and sell it. after cutting your own profit, forward buyer address to a product company. They will ship the product to the original buyer of the product. So you will not with shipping. So, you have just to open a Shopify store and link it to Oberlo.com. It’s an app that integrates with Shopify and it will sort your products in the online store. Every one face difficulty at start, but after some time you can make a ton of money from this business.
Let me know below in comments what you will like to start, good luck.