When you think about earning passive income one thought that often comes to mind is being able to earn money without working.
Earning a passive income in the true sense of the word is really only achievable if you have money and invest it into something that appreciates.
For example, if you have a rental property, or investing your money in stocks or managed funds.
Having said that, there are ways that you can earn a semi-passive income online by investing your time and effort.
The difference being you create yourself an online asset that produces sales for you on an on going bases without you actively working.
The Internet has made it possible for you to earn this kind of passive income, but it does take a little effort to get it up and running.
1. Get Paid to Take Pictures with Your Smartphone
You can get paid by uploading pictures with smartphone with a site called Foap.
Install the app
- Register with Foap
- Upload pictures on the Foap Marketplace
You earn $5 every time your pictures are bought.
This is great because multiple people can purchase your pictures.
If your pictures are quality then each picture can earn you plenty of residual income, which is much easier than having to work office hours.
Once the pictures are uploaded you are done.
It is important to note that there is an approval team that must look at the quality of the picture before is is added to the site.
Make sure you take good pictures and you should be fine.
If they are approved, you will get a better idea of what kind of pictures Foap is looking for and you can start uploading pictures on a regular basis.
Good luck and happy clicking.
2. Earning Money By Renting Your Home
We are in the era of the sharing economy and your house can be shared with other people in order to make some cash.
Travelers are willing to shell out some serious cash in order to get a local feel to their vacation.
Take a look at this Airbnb website for all of the information. https://www.airbnb.com/
Before I go any further I want to make it very clear that this opportunity is not for everyone.
Most people do not feel comfortable with strangers coming into their home.
With that being said, you can be in complete control of the people you allow in.
For example, you can rate each person interested and make sure they are responsible.
There are a few more websites that facilitate this kind of money make opportunity but Airbnb is the most popular.
3. My Favorite Way To Make Money
I started reviewing this program for some online friends of mine. It became an experiment into whether or not I could make money with it.
And to my surprise I did.
After I got my first sale, things kinda took off, and I was still only working part-time on it.
When I hit my first $10K month, then I knew this was the “real deal”.
Six years later, I’m still earning over $10 per month with the techniques shown in this program and so are a lot of people I’ve shown this program to.
This program is perfect for stay at home moms, or anyone really, who wants to make some extra money, or even earn a full-time income, because you can work it in your own time and at your own pace.
It’s perfect for introverts as there is no direct selling or face to face meetings.
Be prepared to put in a little effort in the beginning.
It’s NOT a get rich quick scheme, BUT it’s one of the ONLY legit online programs I’ve experienced longevity with.
Other online programs that I have tried in the past have either become out-dated, or shutdown for one reason or another. This program just keeps getting better year in and year out.
Full training is included, and there’s no special skills or prior knowledge needed.
4. Start a Blog
Blogging is how I make the majority of my income online. It is one of the easiest and cheapest ways to start making money, both in the short and long term.
I earn over $10,000 per month blogging on a part-time basis, see my step by step guide here.
You can start your OWN FREE blog here. Just enter in a name of your free website.
5. Utilizing the Power of YouTube
There is no doubt that people are starting to recognize YouTube as a great way to make money.
In fact, there are millions of people making a livable wage by making videos.
The sky is the limit because you can focus on one topic that you specialize in or you can talk about something different everyday.
One of the easiest examples of this is all of the people that Game of Thrones.
There are hundreds of people that talk about theories or and elaborate on the differences between the books and TV series.
If you can create a watchable video with great content you can make a lot of money with advertisements.
The great thing about the whole thing is the fact that if you lack certain video making skills, you can watch a YouTube video tutorial and learn it.
6. Make Money By Selling T-Shirts
Merchandising is such an essential part of business.
When something amazing happens or there is an opportunity to make money, companies take full advantage.
This next opportunity through Teespring is a way to take part in the merchandising process.
This company allows you to design your own T-shirts and sell them without investing a dime.
No, seriously; you design a shirt and if they start selling, the company pays you a decent share of the sales.
Another fantastic aspect of the company is the fact that you can advertise it anywhere.
You can post your designs on Facebook or other social media platforms.
If you take it seriously and have creative ideas, you can make some decent money with absolutely zero monetary investment.
If you think this is for you, then take a look at their website, details here.
7. Publishing Books on Kindle
Everyone has thought about writing a book at some point in their life.
Whether is was a childhood dream or later in life, Kindle allows you to self publish your books. https://kdp.amazon.com/?ref_=kdpgp_p_us_psg_bt_ad1
What makes this great is the fact that they don’t have to be 200 page books and they can even become bestsellers.
Whether you are a gifted writer or just getting started and trying to publish your first book, you can do it through Kindle and in most cases, it won’t cost you a dime.
Here is a list of advantages of self publishing with Kindle:
- Your book reaches millions of readers on Amazon
- 5 minutes to upload your book and it appears within 48 hours
- You earn up to 70% of all sales
- You control the price of your books
There are other options when it comes to self publishing but Amazon has advantages that other companies cannot compete with.
Take those advantages and run with them.
Remember, sometimes you need to use other platforms to get your name out there.